1-14-2025 Intel Guru Frank26 Question: "Do you think the RI is the linchpin for the Middle East? Could Iraq be like Dubai?" Frank26: It will be Dubai on steroids my friend. Dubai won't even be able to touch Iraq.
1-14-2025 Newshound Guru Militia Man Article quote: "Iraq achieved a noteworthy diplomatic accomplishment last September when it was formally elected chair of the group 77...held in the United Nations Headquarters in New York. The G77 is the largest intergovernmental organization of developing countries in the United Nations which provides the means to promote their collective economic interest and enhance their joint negotiating capacity on all major international economic issues within the United Nations system." So Iraq is going to go from not even having an international accepted currency to do all this? Really? I don't think so.
1-14-2025 Newshound/Intel Guru Walkingstick The monetary reform education is extremely fast. They are now all the way to the point where they are past the basket and talking to the Iraqi citizens about the future of digitization in their country...Digitization of their currency mainly will help at the onset because you cannot introduce too much currency at the start...Not a cashless society at the onset but given time Iraq will be. That is the goal.
1-14-2025 Newshound Guru Clare Question: "Al-Sudani discusses with the British King establishing a "productive partnership" between Baghdad and London" Quote: "Al-Sudani met today, Tuesday, with the King of the United Kingdom, Charles III, at Buckingham Palace in the British capital, London. During the meeting, bilateral cooperation between Iraq and the United Kingdom was reviewed, as well as ways to establish a productive partnership in various economic and development fields"
1-14-2025 Newshound Guru Sandy Ingram There are 6 major projects happening in Iraq that will help to increase the country's GDP and economic status and hopefully the value of the currency...These are the news stories we will be watching closely in 2025... 1. The Development Road Project involves constructing a 1,200 KM network of railways and highways connecting the Grand Faw Port in southern Iraq to the Turkish border in the north... 2. Grand Faw Port aiming to become the largest port in the Middle East... 3. Total Energy's energy projects... 4. Oil and Gas exploration agreements... 5. National Development Plan launched in collaboration with the United Nations Development Program and supported by the United States Agency for International Development (USAID)... 6. Housing and Urban Development Projects..15 new cities across the country...
1-14-2025 Intel Guru Frank26 I strongly believe Sudani and the US Treasury are watching the black market rate and they will consider one of two options. First option would be a basket. I don't think that would be the best route. It can go that way, but I don't know...What's the other option? Float. Yeah, I think floating would be a good idea.
1-14-2025 Newshound Guru Samson Article: "Iraq's missing funds.. Dubai in the circle of accusation: smuggling is still ongoing and Trump is coming" Quote: "Dubai has become the largest point for smuggling Iraqi..."
1-14-2025 Intel Guru MarkZ [via PDK] Comment: I heard Pocket Options is showing the VND and Indonesian Rupiah. (Saw a screenshot.) MarkZ: We are seeing the popping up on different aps…IQD and IQD pairings with different crypto pairings…this is big.
1-14-2025 Newshound Guru Jeff In order for parliament to approve those [budget schedules] the rate needs to change first...The fact that they did the second reading on only article 12 of the budget, that's the same as having one tire on your car. It doesn't do Iraq any good. It's basically a pointless useless step. For the budget to work for Iraq, all of the budget amendments need to
be approved...
1-14-2025 Newshound Guru Militia Man If you're doubting your investment hang in there because what they're saying is truly something I've never seen in my 15 years of being here and the evidence is not from me and it's not from anybody else on the internet, it's directly...from an economist and the central bank...I think it's huge guys. It's exciting times...The stage is set.
1-14-2025 Intel Guru Frank26 The monetary reform policy has been going through some steps. It has been evolving the policy and they've been using many mechanisms to assure this. Now they're sitting in a position...Sudani, the CBI and the US Treasury have been [very close]...The 8th floor of the CBI building, that whole floor, belongs to the US Treasury. You think they're going to be there because they're going to keep the exchange rate at 1310?
1-14-2025 Newshound/Intel Guru Mnt Goat Article quote: “He added that these correspondent banks can carry out the process of changing the Iraqi dinar to any global currency immediately, and for more than a million banks around the world.” What did it just tell us? A million banks around the world? What does this mean to us as investors? We know that...conditions to get back to FOREX that this insurance part is a pillar of the financial reform. Therefore, it is a reform that needed to take place and is now taking place. Also, I want to add that the statement of “changing the Iraqi dinar to any global currency immediately” is an amazing statement...Could this news get any better at this time? Can this be what is holding up the revaluation and the reinstatement? [Post 2 of 2]
1-14-2025 Newshound/Intel Guru Mnt Goat Article: “ECONOMIST: THE CENTRAL BANK’S POLICY IS MOVING TOWARDS GLOBALIZING IRAQI
BANKS” Quote: “Safwan Qusay confirmed that the Central Bank’s policy is moving towards globalizing Iraqi banks, while stressing that it will contribute to raising the status of these banks globally” also “the process of ending dealings with the electronic platform will contribute to accepting local banks that have the ability to provide guarantees and international compliance conditions with international correspondent banks.” Yes, “providing guarantees and international compliance” is all insurance related. Investors in Iraq need to know that their funds in Iraqi banks will be protected... [Post 1 of 2....stay tuned]
1-14-2025 Intel Guru MarkZ [via PDK] Comment: My Wells Fargo finally confirmed the RV. MarkZ: They all know its coming…They know we are having a complete change in the system and we are going asset backed…They know gold is an important piece. Im not sure if they will use the same terminology you and I use or will they call it something different?
1-14-2025 Newshound Guru Militia Man Article quote: "Iraq achieved a noteworthy diplomatic accomplishment last September when it was formally elected chair of the group 77...held in the United Nations Headquarters in New York. The G77 is the largest intergovernmental organization of developing countries in the United Nations which provides the means to promote their collective economic interest and enhance their joint negotiating capacity on all major international economic issues within the United Nations system." So Iraq is going to go from not even having an international accepted currency to do all this? Really? I don't think so.
1-14-2025 Newshound/Intel Guru Walkingstick The monetary reform education is extremely fast. They are now all the way to the point where they are past the basket and talking to the Iraqi citizens about the future of digitization in their country...Digitization of their currency mainly will help at the onset because you cannot introduce too much currency at the start...Not a cashless society at the onset but given time Iraq will be. That is the goal.
1-14-2025 Newshound Guru Clare Question: "Al-Sudani discusses with the British King establishing a "productive partnership" between Baghdad and London" Quote: "Al-Sudani met today, Tuesday, with the King of the United Kingdom, Charles III, at Buckingham Palace in the British capital, London. During the meeting, bilateral cooperation between Iraq and the United Kingdom was reviewed, as well as ways to establish a productive partnership in various economic and development fields"
1-14-2025 Newshound Guru Sandy Ingram There are 6 major projects happening in Iraq that will help to increase the country's GDP and economic status and hopefully the value of the currency...These are the news stories we will be watching closely in 2025... 1. The Development Road Project involves constructing a 1,200 KM network of railways and highways connecting the Grand Faw Port in southern Iraq to the Turkish border in the north... 2. Grand Faw Port aiming to become the largest port in the Middle East... 3. Total Energy's energy projects... 4. Oil and Gas exploration agreements... 5. National Development Plan launched in collaboration with the United Nations Development Program and supported by the United States Agency for International Development (USAID)... 6. Housing and Urban Development Projects..15 new cities across the country...
1-14-2025 Intel Guru Frank26 I strongly believe Sudani and the US Treasury are watching the black market rate and they will consider one of two options. First option would be a basket. I don't think that would be the best route. It can go that way, but I don't know...What's the other option? Float. Yeah, I think floating would be a good idea.
1-14-2025 Newshound Guru Samson Article: "Iraq's missing funds.. Dubai in the circle of accusation: smuggling is still ongoing and Trump is coming" Quote: "Dubai has become the largest point for smuggling Iraqi..."
1-14-2025 Intel Guru MarkZ [via PDK] Comment: I heard Pocket Options is showing the VND and Indonesian Rupiah. (Saw a screenshot.) MarkZ: We are seeing the popping up on different aps…IQD and IQD pairings with different crypto pairings…this is big.
1-14-2025 Newshound Guru Jeff In order for parliament to approve those [budget schedules] the rate needs to change first...The fact that they did the second reading on only article 12 of the budget, that's the same as having one tire on your car. It doesn't do Iraq any good. It's basically a pointless useless step. For the budget to work for Iraq, all of the budget amendments need to
be approved...
1-14-2025 Newshound Guru Militia Man If you're doubting your investment hang in there because what they're saying is truly something I've never seen in my 15 years of being here and the evidence is not from me and it's not from anybody else on the internet, it's directly...from an economist and the central bank...I think it's huge guys. It's exciting times...The stage is set.
1-14-2025 Intel Guru Frank26 The monetary reform policy has been going through some steps. It has been evolving the policy and they've been using many mechanisms to assure this. Now they're sitting in a position...Sudani, the CBI and the US Treasury have been [very close]...The 8th floor of the CBI building, that whole floor, belongs to the US Treasury. You think they're going to be there because they're going to keep the exchange rate at 1310?
1-14-2025 Newshound/Intel Guru Mnt Goat Article quote: “He added that these correspondent banks can carry out the process of changing the Iraqi dinar to any global currency immediately, and for more than a million banks around the world.” What did it just tell us? A million banks around the world? What does this mean to us as investors? We know that...conditions to get back to FOREX that this insurance part is a pillar of the financial reform. Therefore, it is a reform that needed to take place and is now taking place. Also, I want to add that the statement of “changing the Iraqi dinar to any global currency immediately” is an amazing statement...Could this news get any better at this time? Can this be what is holding up the revaluation and the reinstatement? [Post 2 of 2]
1-14-2025 Newshound/Intel Guru Mnt Goat Article: “ECONOMIST: THE CENTRAL BANK’S POLICY IS MOVING TOWARDS GLOBALIZING IRAQI
BANKS” Quote: “Safwan Qusay confirmed that the Central Bank’s policy is moving towards globalizing Iraqi banks, while stressing that it will contribute to raising the status of these banks globally” also “the process of ending dealings with the electronic platform will contribute to accepting local banks that have the ability to provide guarantees and international compliance conditions with international correspondent banks.” Yes, “providing guarantees and international compliance” is all insurance related. Investors in Iraq need to know that their funds in Iraqi banks will be protected... [Post 1 of 2....stay tuned]
1-14-2025 Intel Guru MarkZ [via PDK] Comment: My Wells Fargo finally confirmed the RV. MarkZ: They all know its coming…They know we are having a complete change in the system and we are going asset backed…They know gold is an important piece. Im not sure if they will use the same terminology you and I use or will they call it something different?
1-13-2025 Intel Guru Frank26 They told the Iraqi citizens we are in the process of adding a mechanism to add purchasing power to your currency. Sudani constantly kept talking about it in November and December last year - 'I promise I'm going to do it. I promise you'll have more purchasing power than the dollar.'...He actually kept his promise because there is no dollars in the country of Iraq. The only currency in Iraq right now is the Iraqi dinar...It has more value than the American dollar that has zero value inside of Iraq, therefore the Iraqi dinar now seeks a door...
1-13-2025 Newshound Guru Militia Man The cash cow is seriously coming to an end. We already saw that the black market/parallel market/dollar auctions they're bye-bye...It's true. It's in writing...Those that are out there suggesting that it wasn't going to happen, it already did...
1-13-2025 Intel Guru MarkZ [via PDK] Article: “The house of Representatives votes to amend the passport law and extend the work of the election commission” If you read deeper in the article is states the second reading of the budget law was successful! We did indeed have the second reading today.
1-13-2025 Newshound Guru Sandy Ingram At the present time, January 2025 the Central Bank of Iraq has severe limitations on trading the IQD on the markets. We are not sure if the limitations are because of U.S. sanctions, the Islamic faith or both...One of the fundamental tenants of Islamic finance is the prohibition of gharar, or excessive uncertainty and maysir or gambling both of which are deemed detrimental to individual and societal well-being...The foreign exchange market presents a challenging ethical dilemma for Muslims. While forex trading is a legitimate global financial practice, its nature and mechanisms often raise questions...Gambling or maysir, is unequivocally prohibited in Islam...However some scholars suggest forex trading can be permissible if conducted in a manner that avoids speculation, interest and excessive risk.
1-13-2025 Newshound Guru Jeff 'Enhance integration into the national and global banking markets.' That's why this is waiting for the rate to change. You have to have an internationally convertible recognized currency first, then they can get into the global banking market.
1-13-2025 Intel Guru Frank26 We have security and stability in order to introduce the new exchange rate that Dr. Shabibi and the US Treasury have been protecting for a long time. There are no more CBI auctions. It is now called... remittance, just like the American banks do...The CBI is now functioning exactly like international banks, exactly like American banks...
1-13-2025 Intel Guru MarkZ [via PDK] Question: What is your gut feeling Mark? MarkZ: My gut is screaming sometime between now and Jan 22. Just a guess…
1-13-2025 Newshound Guru Pimpy Article: "CBI Tower and Grand Faw Port Ranked Among World's To Mega Projects for 2025" There are a couple of mega projects already taking place in Iraq somehow, someway with the currency exchange rate...Congrats to Iraq and their CBI tower and the Grand Faw Port ranked among the top meg projects in 2025. I know the tower is almost completed and the Port of Faw is partially open already. This is moving right along and they did it with a current exchange rate...
1-13-2025 Newshound/Intel Guru Fnu Lnu [Reply to Guru Bruce's higher contract rate on dinar post on 1-12-2025 below] ...There is no "contract Rate" except for the people who have pre-2011 Private Purchase Contracts. If you do not have such a contract, you WILL NOT get a contract rate. Contract Rates are not paid by banks but rather by the contractor. This is Dinar Mythology and there exists NO PROOF of any such contract rate. If you want to go into the bank and sound like an idiot, then be my guest. Everyone will get exactly the same rate due to "The Law of One Price". This can be verified. You must ask yourself how you might get a "contract Rate" without a contract? However, the banks may well have varying rates on the exchange fee but that is generally around 2%.
1-13-2025 Newshound Guru Militia Man In my view this reeks of a need to change the exchange rate for the Iraqi dinar or they would have already done it. If they're going to an international state, they should have already done it by now if it was going to stay the same exchange rate...Everybody that's been involved with the dinar should [ask], 'Well they've been at 1310 for a year or more, why haven't you done it yet?' That's because they're looking for an exchange rate change because that's what's going to happen.
1-13-2025 Newshound Guru Clare Article: "The House of Representatives completes the second reading of the draft amendment to the budget law" Quote: "The Council of Representatives concluded, in its session today, Monday, the second reading "Report and Discussion" of the draft law of the first amendment to the Federal General Budget Law of the Republic of Iraq for the fiscal years (2023 - 2024 - 2025) No. (13) of 2023."
1-13-2025 Intel Guru Frank26 Everything is moving extremely fast. When we reach this 1,000 to 1 you know how quickly they can lift those three zeros? [Snap] like that. Pushing a button and now you're one to one...float it. Start at 1 to 1 and see where it goes from there. Everything is moving so fast because de-dollarization.
1-13-2025 Newshound/Intel Guru Mnt Goat Article: “AL-NUSAIRI: EXPLAINS THE NEW MECHANISM FOR EXTERNAL TRANSFERS AFTER THE PLATFORM IS CLOSED” ...the best part of the article is the CBI is telling us that this new strategy is normal and is working so far. I quote: “This means that the Central Bank has achieved a basic objective of monetary policy.”
1-13-2025 Intel Guru MarkZ [via PDK] Article: ”Parliamentary Finance: Political Blocs do not agree to amend article 12 on the region’s oil” HCL gets its second reading on Monday…it appears there will be serious progress on the HCL. This is a case where the title of the article does not reflect the content...I am being told if the second reading goes well…they will immediately do the third reading…then Boom we will finally have the HCL.
1-13-2025 Newshound Guru Militia Man The cash cow is seriously coming to an end. We already saw that the black market/parallel market/dollar auctions they're bye-bye...It's true. It's in writing...Those that are out there suggesting that it wasn't going to happen, it already did...
1-13-2025 Intel Guru MarkZ [via PDK] Article: “The house of Representatives votes to amend the passport law and extend the work of the election commission” If you read deeper in the article is states the second reading of the budget law was successful! We did indeed have the second reading today.
1-13-2025 Newshound Guru Sandy Ingram At the present time, January 2025 the Central Bank of Iraq has severe limitations on trading the IQD on the markets. We are not sure if the limitations are because of U.S. sanctions, the Islamic faith or both...One of the fundamental tenants of Islamic finance is the prohibition of gharar, or excessive uncertainty and maysir or gambling both of which are deemed detrimental to individual and societal well-being...The foreign exchange market presents a challenging ethical dilemma for Muslims. While forex trading is a legitimate global financial practice, its nature and mechanisms often raise questions...Gambling or maysir, is unequivocally prohibited in Islam...However some scholars suggest forex trading can be permissible if conducted in a manner that avoids speculation, interest and excessive risk.
1-13-2025 Newshound Guru Jeff 'Enhance integration into the national and global banking markets.' That's why this is waiting for the rate to change. You have to have an internationally convertible recognized currency first, then they can get into the global banking market.
1-13-2025 Intel Guru Frank26 We have security and stability in order to introduce the new exchange rate that Dr. Shabibi and the US Treasury have been protecting for a long time. There are no more CBI auctions. It is now called... remittance, just like the American banks do...The CBI is now functioning exactly like international banks, exactly like American banks...
1-13-2025 Intel Guru MarkZ [via PDK] Question: What is your gut feeling Mark? MarkZ: My gut is screaming sometime between now and Jan 22. Just a guess…
1-13-2025 Newshound Guru Pimpy Article: "CBI Tower and Grand Faw Port Ranked Among World's To Mega Projects for 2025" There are a couple of mega projects already taking place in Iraq somehow, someway with the currency exchange rate...Congrats to Iraq and their CBI tower and the Grand Faw Port ranked among the top meg projects in 2025. I know the tower is almost completed and the Port of Faw is partially open already. This is moving right along and they did it with a current exchange rate...
1-13-2025 Newshound/Intel Guru Fnu Lnu [Reply to Guru Bruce's higher contract rate on dinar post on 1-12-2025 below] ...There is no "contract Rate" except for the people who have pre-2011 Private Purchase Contracts. If you do not have such a contract, you WILL NOT get a contract rate. Contract Rates are not paid by banks but rather by the contractor. This is Dinar Mythology and there exists NO PROOF of any such contract rate. If you want to go into the bank and sound like an idiot, then be my guest. Everyone will get exactly the same rate due to "The Law of One Price". This can be verified. You must ask yourself how you might get a "contract Rate" without a contract? However, the banks may well have varying rates on the exchange fee but that is generally around 2%.
1-13-2025 Newshound Guru Militia Man In my view this reeks of a need to change the exchange rate for the Iraqi dinar or they would have already done it. If they're going to an international state, they should have already done it by now if it was going to stay the same exchange rate...Everybody that's been involved with the dinar should [ask], 'Well they've been at 1310 for a year or more, why haven't you done it yet?' That's because they're looking for an exchange rate change because that's what's going to happen.
1-13-2025 Newshound Guru Clare Article: "The House of Representatives completes the second reading of the draft amendment to the budget law" Quote: "The Council of Representatives concluded, in its session today, Monday, the second reading "Report and Discussion" of the draft law of the first amendment to the Federal General Budget Law of the Republic of Iraq for the fiscal years (2023 - 2024 - 2025) No. (13) of 2023."
1-13-2025 Intel Guru Frank26 Everything is moving extremely fast. When we reach this 1,000 to 1 you know how quickly they can lift those three zeros? [Snap] like that. Pushing a button and now you're one to one...float it. Start at 1 to 1 and see where it goes from there. Everything is moving so fast because de-dollarization.
1-13-2025 Newshound/Intel Guru Mnt Goat Article: “AL-NUSAIRI: EXPLAINS THE NEW MECHANISM FOR EXTERNAL TRANSFERS AFTER THE PLATFORM IS CLOSED” ...the best part of the article is the CBI is telling us that this new strategy is normal and is working so far. I quote: “This means that the Central Bank has achieved a basic objective of monetary policy.”
1-13-2025 Intel Guru MarkZ [via PDK] Article: ”Parliamentary Finance: Political Blocs do not agree to amend article 12 on the region’s oil” HCL gets its second reading on Monday…it appears there will be serious progress on the HCL. This is a case where the title of the article does not reflect the content...I am being told if the second reading goes well…they will immediately do the third reading…then Boom we will finally have the HCL.
1-12-2025 Intel Guru Frank26 I bought dinar at Well Fargo 20 years ago. They stopped because they got wind of what's going on around 2012/2014 but now they don't say that it's a scam anymore because they got wind of the U.S. Treasury's communications with them...
1-12-2025 Newshound Guru Militia Man I try to be calm cool and collected as much as possible because I'll be honest with you, this transition, when it happens is going to be something that everybody's going to have to deal with and it's going to be a shock. Just like the World Bank had said to not just us but they said to the countries of the world, be prepared for shock. They said it in writing that, hey, be prepared for shock and when Iraq does a big move and other currencies are involved markets will be shocked to some degree...
1-12-2025 Newshound Guru Jeff They're bringing the budget off the shelf...I told you the budget would stay on the shelf collecting dust until they're about ready to revalue. From October 8th to now the budget did remain on the shelf collecting a whole bunch of dust. What did I tell you about January? I said January is a very critical month. Keep your eyes on it...They are now talking about pulling the budget off the shelf and getting the budget schedules approved by parliament. Thing are now finally preparing to happen and come forward because they're about ready to revalue the currency.
1-12-2025 Newshound/Intel Guru Walkingstick [Iraqi Bank Friend Aki update] They are de-dollarizing the whole Middle East. They are obligated to use IQD only and obligated to have a new exchange rate and currency.
1-12-2025 Newshound Guru Samson Article: "Foreign Policy: Demographic gift will make Iraq a 'global economic power' with Washington's help"
1-12-2025 Intel Guru Frank26 SENDER: I guess they can't get it over there, pretty valuable. The brother said they have pallets of the smaller bills there in the vault but they haven't released them yet to anyone. I guess he could get in serious trouble if they found out he took this picture. FRANK: So I'm understanding this correctly, your friend who's a contractor, his interpreter has a friend at a bank and he took a picture and he smuggled them out and he gave them to your friend and your friend gave them to you? SENDER: Exactly. FRANK: It had three qualifications but the one that got me was the packaging. [Post 2 of 2]
1-12-2025 Intel Guru Frank26 [Discussing photo of an unknown lower note sent to Frank] SENDER: What's that [note] underneath it [photo of the known 250 and 500 dinar notes]? FRANK: I don't know what that is. Where did you get this? SENDER: It's from a contractor in Iraq... FRANK: It's not just because of the color I see there, it's the packaging that attracts my attention. SENDER: My buddy said he got the pictures from his interpreter friend who goes out on patrols with him daily. The interpreter's brother works in a very small bank...He had to pay the brother three bottles of Old Spice cologne in order to get this picture to him. [Post 1 of 2....stay tuned]]
1-12-2025 Newshound Guru Clare Article: "Trump's envoy on his way to Iraq.. A new message to Al-Sudani" Quote: "An American envoy is expected to arrive in Baghdad, carrying direct messages from Trump about the security of the region and Iraq's role in it"
1-12-2025 Newshound Guru Kaperoni [Question referencing Guru Kaperoni 1-11-2025 post below] "How can they do that and never add value to the Dinar?" There are many currencies around the world with weak exchange rates. An increase in the exchange rate is never a random act it's a reflection of a country's success and economic growth. Encouraging Iraq to succeed and prosper is the only way to increase value.
1-12-2025 Newshound Guru Militia Man We've been spot on talking about the dollar auctions going to cease and sure enough they have. I'm thankful that has happened because I know what I own and I'm looking forward to it just like everybody else.
1-12-2025 Newshound Guru Jeff [Passing laws] is not a required step for the rate to change. If they continue their typical pattern and trend where they can't achieve a quorum or they have too many differences and the session of parliament gets rescheduled don't let that be a discouragement. I'm kind of expecting something like that to happen...Either way it does not impact the rate change so don't worry about it.
1-12-2025 Intel Guru Frank26 Last week I followed [the parallel black market rate]...On Sunday it was 1310, on Monday it was 1275, on Tuesday it was 1170, Wednesday it was 1160. IMO Sudani is looking for the black market to reach 1,000. When he does, IMO, the game is on. That is the next step ladies and gentlemen. They are watching the illegal black market...the value of the dollar is dropping, thank you CBI for stopping the auctions...We're getting close to the next step.
1-12-2025 Intel Guru MarkZ [via PDK] I am...very excited…there is a lot of good news coming out of Iraq this weekend.
1-12-2025 Intel Guru Bruce [via WiserNow] I've been telling you guys to ask for the contract rate on dinar, if you have Iraqi dinar, and that would be substantially higher. I know roughly what it is. It's much higher. And I was told that they discussed this on their conference call, and it was determined previously that everyone with the Dinar would be offered the contract rate. Now here's the caveat. Let's say you go into a redemption center, but you have dinar and they don't offer you the contract rate, then ask them for it.
1-12-2025 Newshound Guru Militia Man I try to be calm cool and collected as much as possible because I'll be honest with you, this transition, when it happens is going to be something that everybody's going to have to deal with and it's going to be a shock. Just like the World Bank had said to not just us but they said to the countries of the world, be prepared for shock. They said it in writing that, hey, be prepared for shock and when Iraq does a big move and other currencies are involved markets will be shocked to some degree...
1-12-2025 Newshound Guru Jeff They're bringing the budget off the shelf...I told you the budget would stay on the shelf collecting dust until they're about ready to revalue. From October 8th to now the budget did remain on the shelf collecting a whole bunch of dust. What did I tell you about January? I said January is a very critical month. Keep your eyes on it...They are now talking about pulling the budget off the shelf and getting the budget schedules approved by parliament. Thing are now finally preparing to happen and come forward because they're about ready to revalue the currency.
1-12-2025 Newshound/Intel Guru Walkingstick [Iraqi Bank Friend Aki update] They are de-dollarizing the whole Middle East. They are obligated to use IQD only and obligated to have a new exchange rate and currency.
1-12-2025 Newshound Guru Samson Article: "Foreign Policy: Demographic gift will make Iraq a 'global economic power' with Washington's help"
1-12-2025 Intel Guru Frank26 SENDER: I guess they can't get it over there, pretty valuable. The brother said they have pallets of the smaller bills there in the vault but they haven't released them yet to anyone. I guess he could get in serious trouble if they found out he took this picture. FRANK: So I'm understanding this correctly, your friend who's a contractor, his interpreter has a friend at a bank and he took a picture and he smuggled them out and he gave them to your friend and your friend gave them to you? SENDER: Exactly. FRANK: It had three qualifications but the one that got me was the packaging. [Post 2 of 2]
1-12-2025 Intel Guru Frank26 [Discussing photo of an unknown lower note sent to Frank] SENDER: What's that [note] underneath it [photo of the known 250 and 500 dinar notes]? FRANK: I don't know what that is. Where did you get this? SENDER: It's from a contractor in Iraq... FRANK: It's not just because of the color I see there, it's the packaging that attracts my attention. SENDER: My buddy said he got the pictures from his interpreter friend who goes out on patrols with him daily. The interpreter's brother works in a very small bank...He had to pay the brother three bottles of Old Spice cologne in order to get this picture to him. [Post 1 of 2....stay tuned]]
1-12-2025 Newshound Guru Clare Article: "Trump's envoy on his way to Iraq.. A new message to Al-Sudani" Quote: "An American envoy is expected to arrive in Baghdad, carrying direct messages from Trump about the security of the region and Iraq's role in it"
1-12-2025 Newshound Guru Kaperoni [Question referencing Guru Kaperoni 1-11-2025 post below] "How can they do that and never add value to the Dinar?" There are many currencies around the world with weak exchange rates. An increase in the exchange rate is never a random act it's a reflection of a country's success and economic growth. Encouraging Iraq to succeed and prosper is the only way to increase value.
1-12-2025 Newshound Guru Militia Man We've been spot on talking about the dollar auctions going to cease and sure enough they have. I'm thankful that has happened because I know what I own and I'm looking forward to it just like everybody else.
1-12-2025 Newshound Guru Jeff [Passing laws] is not a required step for the rate to change. If they continue their typical pattern and trend where they can't achieve a quorum or they have too many differences and the session of parliament gets rescheduled don't let that be a discouragement. I'm kind of expecting something like that to happen...Either way it does not impact the rate change so don't worry about it.
1-12-2025 Intel Guru Frank26 Last week I followed [the parallel black market rate]...On Sunday it was 1310, on Monday it was 1275, on Tuesday it was 1170, Wednesday it was 1160. IMO Sudani is looking for the black market to reach 1,000. When he does, IMO, the game is on. That is the next step ladies and gentlemen. They are watching the illegal black market...the value of the dollar is dropping, thank you CBI for stopping the auctions...We're getting close to the next step.
1-12-2025 Intel Guru MarkZ [via PDK] I am...very excited…there is a lot of good news coming out of Iraq this weekend.
1-12-2025 Intel Guru Bruce [via WiserNow] I've been telling you guys to ask for the contract rate on dinar, if you have Iraqi dinar, and that would be substantially higher. I know roughly what it is. It's much higher. And I was told that they discussed this on their conference call, and it was determined previously that everyone with the Dinar would be offered the contract rate. Now here's the caveat. Let's say you go into a redemption center, but you have dinar and they don't offer you the contract rate, then ask them for it.
1-11-2025 Intel Guru Frank26 It used to be they would steal the money...through the auctions but now there is no more auctions. The cash cow is dead and the security and stability is blossoming inside of Iraq because of the efforts of Sudani, the United States Treasury and Donald Trump...The black market was another powerful weapon they used to manipulate the exchange rate of the Iraqi currency...The black market rate is dropping. It is dying...The black market does not feed the evil people anymore...
1-11-2025 Newshound Guru Clare Article: "Among them is the Iraqi Elina Habba.. Trump honors his supporters from the leaders of the Arab and Muslim community" Quote "US President-elect Donald Trump is scheduled to meet with leaders of the Arab and Muslim community in the United States and honor them, including the Iraqi Elina Habba, the lawyer who was known for being one of Trump's defenders and one of his most prominent supporters in the elections."
1-11-2025 Newshound Guru Militia Man The 2023, 2024, 2025 budget amendment looks to be on the table. It was supposed to be read on Monday, it looks like it's slated for Sunday. So powerful weekend...It looks pretty promising it really does.
1-11-2025 Newshound Guru Pimpy They continue with all the necessary reforms which is really great for Iraq. Let's hope they continue. What we're looking for is Trump to erase the last of these sanctions maybe in return for something that he needs from al-Sudani.
1-11-2025 Intel Guru MarkZ [via PDK] Comment: Still hearing no RV until after the inauguration. MarkZ: It’s possible...But my banking sources still believe there is a good possibility we will have a rate change this evening…late this evening...It always was stated that the best time to do this was between 11PM est and 2AM est on a Saturday night into a Sunday Morning …so maybe?
1-11-2025 Newshound Guru Kaperoni Iraq is clearly working to diversify their economy away from oil Independence. They're also diligently focused on investment, rebuilding and integrating their banking system into the global economy. Good signs!
1-11-2025 Intel Guru Frank26 The monetary reform of the Iraqi dinar is now entering another step, another stage because the last one is just finished. We were hoping they were going to expose the new rate...
1-11-2025 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] AKI: We are just sitting here waiting for the introduction of the new exchange rate that will come from the '25 budget. We wait for the budget laws that will expose the budget and its components and the new rate...
1-11-2025 Newshound Guru Clare Article: "The House of Representatives discusses amending the Unified Retirement Law and the General Budget" Quote: "The Iraqi Council of Representatives is scheduled to resume its sessions tomorrow, Sunday, and the first reading of the draft amendment to the Federal Budget Law is on the agenda"
1-11-2025 Newshound Guru Militia Man Article "Explains the new mechanism for external transfers after the platform is closed" Here again we're learning they've changed the dollar auctions to the new reinforcement mechanism ...That's why you're hearing people squeaking pretty loudly about pricing going up on the streets because they can't get the dollar...
1-11-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Parliament just announced the next session will include amending the budget. It's on TV now...Sudani wanted this done by the 6th, no later than the 7th and now they're come out 3 days later saying okay, okay okay we're going to do it. TV keeps going over the parliament plans on amending the investment budget in the next two sessions that are coming... FRANK: If they truly do anything with the budge it will be exposing the new exchange rate.
1-11-2025 Intel Guru Bruce [via WiserNow] ...we did understand that there was a conference call...that would have incorporated all of the redemption centers, leaders and bank managers, at least bank managers throughout the country, the US...what was interesting was that there were two main things...that they discussed...on this conference call, one of which was that these currencies which we're exchanging, they are not a taxable event...it was designed to be way on purpose. Now, the income that you earn from interest being paid on your account in the bank that interest is called passive income, and it will be taxed, but the event itself, the exchange of currencies...is not taxable... [Always check with your tax professional at the appropriate time.]
1-11-2025 Intel Guru MarkZ [via PDK] Question: Is this our week? MarkZ: I’m hearing mixed signals on that. Some say it is our week and some say – not till after the 21st.
1-11-2025 Newshound Guru Clare Article: "Among them is the Iraqi Elina Habba.. Trump honors his supporters from the leaders of the Arab and Muslim community" Quote "US President-elect Donald Trump is scheduled to meet with leaders of the Arab and Muslim community in the United States and honor them, including the Iraqi Elina Habba, the lawyer who was known for being one of Trump's defenders and one of his most prominent supporters in the elections."
1-11-2025 Newshound Guru Militia Man The 2023, 2024, 2025 budget amendment looks to be on the table. It was supposed to be read on Monday, it looks like it's slated for Sunday. So powerful weekend...It looks pretty promising it really does.
1-11-2025 Newshound Guru Pimpy They continue with all the necessary reforms which is really great for Iraq. Let's hope they continue. What we're looking for is Trump to erase the last of these sanctions maybe in return for something that he needs from al-Sudani.
1-11-2025 Intel Guru MarkZ [via PDK] Comment: Still hearing no RV until after the inauguration. MarkZ: It’s possible...But my banking sources still believe there is a good possibility we will have a rate change this evening…late this evening...It always was stated that the best time to do this was between 11PM est and 2AM est on a Saturday night into a Sunday Morning …so maybe?
1-11-2025 Newshound Guru Kaperoni Iraq is clearly working to diversify their economy away from oil Independence. They're also diligently focused on investment, rebuilding and integrating their banking system into the global economy. Good signs!
1-11-2025 Intel Guru Frank26 The monetary reform of the Iraqi dinar is now entering another step, another stage because the last one is just finished. We were hoping they were going to expose the new rate...
1-11-2025 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] AKI: We are just sitting here waiting for the introduction of the new exchange rate that will come from the '25 budget. We wait for the budget laws that will expose the budget and its components and the new rate...
1-11-2025 Newshound Guru Clare Article: "The House of Representatives discusses amending the Unified Retirement Law and the General Budget" Quote: "The Iraqi Council of Representatives is scheduled to resume its sessions tomorrow, Sunday, and the first reading of the draft amendment to the Federal Budget Law is on the agenda"
1-11-2025 Newshound Guru Militia Man Article "Explains the new mechanism for external transfers after the platform is closed" Here again we're learning they've changed the dollar auctions to the new reinforcement mechanism ...That's why you're hearing people squeaking pretty loudly about pricing going up on the streets because they can't get the dollar...
1-11-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Parliament just announced the next session will include amending the budget. It's on TV now...Sudani wanted this done by the 6th, no later than the 7th and now they're come out 3 days later saying okay, okay okay we're going to do it. TV keeps going over the parliament plans on amending the investment budget in the next two sessions that are coming... FRANK: If they truly do anything with the budge it will be exposing the new exchange rate.
1-11-2025 Intel Guru Bruce [via WiserNow] ...we did understand that there was a conference call...that would have incorporated all of the redemption centers, leaders and bank managers, at least bank managers throughout the country, the US...what was interesting was that there were two main things...that they discussed...on this conference call, one of which was that these currencies which we're exchanging, they are not a taxable event...it was designed to be way on purpose. Now, the income that you earn from interest being paid on your account in the bank that interest is called passive income, and it will be taxed, but the event itself, the exchange of currencies...is not taxable... [Always check with your tax professional at the appropriate time.]
1-11-2025 Intel Guru MarkZ [via PDK] Question: Is this our week? MarkZ: I’m hearing mixed signals on that. Some say it is our week and some say – not till after the 21st.
1-10-2025 Intel Guru Frank26 Question: "What do you think Iraq's time to allow international to exchange our notes? That's their prerogative. Normally when something like this happens the IMF works with that central bank of that country and they figure out a time frame. It can be three months...six months. It can be a year. The Untied Sates of America never cancelled our 3 zero notes... America never stopped allowing 3 zero notes to be exchanged but I got a feeling Iraq will and they should.
1-10-2025 Intel Guru Bruce [via WiserNow] We should have a great weekend. We'll see what happens...
1-10-2025 Newshound Guru Militia Man Article: "Al-Nusairi: Explains the new mechanism for external transfers after the platform is closed" We have been following this and we have been spot on...They finally have done what was expected. This is to get the Central Bank back to normalcy...with international standards. That it a fact. A very good thing to have had correct all along [in our] study of the Iraqi Dinar...
1-10-2025 Newshound Guru Pimpy ...We know that al-Sudani is going to be talking to Trump real quick here. Last time [Trump was in office] they didn't make any changes and what ended up happening was they had to devalue the dinar before the country went bankrupt. So this time around they might jump ahead of this and devalue the dinar ahead of time so that the impact is not that hard against the Iraqi people and against Iraq if crude oil prices go down.
1-10-2025 Newshound Guru Sandy Ingram Two of Iraq's most ambitious infrastructure projects, the central bank tower in Baghdad and the Grand al-Faw Port in Basra have been recognized as some of the most significant mega projects in the world for 2025. The projects ranked 11th and 10th by the renowned British platform the B1M...These achievements reflect not only Iraq's commitment to modernization but also it's ambition to reclaim its place on the global stage as a hub for economic and cultural progress...
1-10-2025 Intel Guru MarkZ [via PDK] I have talked to a couple Iraqi sources and they still believe this is it. They have contractors that they are in contact with that are suddenly being called in. I have one who will not tell me what the re-negotiated rate is on their contracts. One of them mentioned $3.91 but I do not know for certain if that is really it. Its from a contact I don’t know really well.
1-10-2025 Newshound Guru Samson Article: "British platform includes the Central Bank Tower and Al-Faw Port in the list of giant projects in the world for the year 2025"
1-10-2025 Newshound Guru Jeff Iraq's '25 budget still in the works with the government expected to send the budget tables to the council representatives in early February. The rate needs to change before that guys. That's why I've been telling you you're in red-hot January. January is a critical month...to our investment.
1-10-2025 Intel Guru Frank26 You're going to see the new exchange rate before you see the budget.
1-10-2025 Newshound Guru Militia Man Community Comment: "I understand the need for diplomacy, but Iraq needs to step back from Iran politically...Al -Sudani needs to be careful! Trump is going to come down hard on Iran and I hope Iraq doesn’t get in the way." I understand your view. We report what is in reality and happening during a global event too. Like it or not Iraq and Iran are linked...My bet is Iran is capitulating for a very big reason...The news is the news. We watch what happens and report it.
1-10-2025 Newshound/Intel Guru Mnt Goat Article: “NO FEAR FOR THE REGIME IN IRAQ AS LONG AS AMERICA AND THE RELIGIOUS AUTHORITY ARE “SATISFIED”… THE GOVERNMENT IS HEADING TOWARDS “INDEPENDENCE” ...Iraq must gain their independence not just on paper but in
practical terms. Now that the Chapter VII sanctions are released for over 2 years already it is time...The next stage is full sovereignty promised to the Iraqi people during the second invasion in 2003. Yes, they still are not a free country until they get back their currency, which means to control their own wealth...Also I want to mention...the CBI reserves are in the bank in New York JP Morgan/Chase DFI fund amounting to over $120 billion dollars. And so Iraq will also have to recover these funds too. The UN already decreed these funds should be returned to Iraq...we are watching this closely.
1-10-2025 Intel Guru MarkZ [via PDK] Question: Just thinking out loud here, is it possible to get the REER, on Sat and get paid on the 21st? MarkZ: It is absolutely possible. Similar to how Kuwait did theirs…. In a nutshell…Kuwait got a REER (Real Effective Exchange rate) and within 10 days we started exchanging.
1-10-2025 Intel Guru Bruce [via WiserNow] We should have a great weekend. We'll see what happens...
1-10-2025 Newshound Guru Militia Man Article: "Al-Nusairi: Explains the new mechanism for external transfers after the platform is closed" We have been following this and we have been spot on...They finally have done what was expected. This is to get the Central Bank back to normalcy...with international standards. That it a fact. A very good thing to have had correct all along [in our] study of the Iraqi Dinar...
1-10-2025 Newshound Guru Pimpy ...We know that al-Sudani is going to be talking to Trump real quick here. Last time [Trump was in office] they didn't make any changes and what ended up happening was they had to devalue the dinar before the country went bankrupt. So this time around they might jump ahead of this and devalue the dinar ahead of time so that the impact is not that hard against the Iraqi people and against Iraq if crude oil prices go down.
1-10-2025 Newshound Guru Sandy Ingram Two of Iraq's most ambitious infrastructure projects, the central bank tower in Baghdad and the Grand al-Faw Port in Basra have been recognized as some of the most significant mega projects in the world for 2025. The projects ranked 11th and 10th by the renowned British platform the B1M...These achievements reflect not only Iraq's commitment to modernization but also it's ambition to reclaim its place on the global stage as a hub for economic and cultural progress...
1-10-2025 Intel Guru MarkZ [via PDK] I have talked to a couple Iraqi sources and they still believe this is it. They have contractors that they are in contact with that are suddenly being called in. I have one who will not tell me what the re-negotiated rate is on their contracts. One of them mentioned $3.91 but I do not know for certain if that is really it. Its from a contact I don’t know really well.
1-10-2025 Newshound Guru Samson Article: "British platform includes the Central Bank Tower and Al-Faw Port in the list of giant projects in the world for the year 2025"
1-10-2025 Newshound Guru Jeff Iraq's '25 budget still in the works with the government expected to send the budget tables to the council representatives in early February. The rate needs to change before that guys. That's why I've been telling you you're in red-hot January. January is a critical month...to our investment.
1-10-2025 Intel Guru Frank26 You're going to see the new exchange rate before you see the budget.
1-10-2025 Newshound Guru Militia Man Community Comment: "I understand the need for diplomacy, but Iraq needs to step back from Iran politically...Al -Sudani needs to be careful! Trump is going to come down hard on Iran and I hope Iraq doesn’t get in the way." I understand your view. We report what is in reality and happening during a global event too. Like it or not Iraq and Iran are linked...My bet is Iran is capitulating for a very big reason...The news is the news. We watch what happens and report it.
1-10-2025 Newshound/Intel Guru Mnt Goat Article: “NO FEAR FOR THE REGIME IN IRAQ AS LONG AS AMERICA AND THE RELIGIOUS AUTHORITY ARE “SATISFIED”… THE GOVERNMENT IS HEADING TOWARDS “INDEPENDENCE” ...Iraq must gain their independence not just on paper but in
practical terms. Now that the Chapter VII sanctions are released for over 2 years already it is time...The next stage is full sovereignty promised to the Iraqi people during the second invasion in 2003. Yes, they still are not a free country until they get back their currency, which means to control their own wealth...Also I want to mention...the CBI reserves are in the bank in New York JP Morgan/Chase DFI fund amounting to over $120 billion dollars. And so Iraq will also have to recover these funds too. The UN already decreed these funds should be returned to Iraq...we are watching this closely.
1-10-2025 Intel Guru MarkZ [via PDK] Question: Just thinking out loud here, is it possible to get the REER, on Sat and get paid on the 21st? MarkZ: It is absolutely possible. Similar to how Kuwait did theirs…. In a nutshell…Kuwait got a REER (Real Effective Exchange rate) and within 10 days we started exchanging.
1-9-2025 Intel Guru Frank26 The auctions have metamorphosed, they have evolved...they have progressed to what is now called international foreign currency transfers and it's being done by private banks...You think the currency auctions that once existed that Iran was taking advantage of are still active? ...You're wrong. You're ignorant...Transfers, no longer auctions. This is not taking a currency and converting it into any other currency. This is moving a currency in and out of the country they could never do before. Don't you understand the value of that? Don't you understand how important that is for the monetary reform? Ain't got nothing to do with the CBI. It has to do with the private banks exchanging between each other and across the borders.
1-9-2025 Newshound Guru Jeff January is a very critical month for the rate change...Shabibi back in January 19, 2012 did a four-point rate change from 1170 to 1166...
1-9-2025 Intel Guru Bruce [via WiserNow] If you have dinar and you would like the contract rate, which is substantial and moving up...ask them for it politely... If you have dinar – I don’t care if you got two or three notes, or you got...20 or 50 million dinar...There are no limits.
1-9-2025 Newshound Guru Militia Man There's some people out there that talk about the fact that the dollar auctions haven't changed. That's wrong...you should already know this by now, it's called the new reinforcement mechanism. Articles specifically tell you the dollar auctions...are no longer, at all. Everybody that is going to get a dollar from anywhere in Iraq is going to come from this new mechanism and that's a fact.
1-9-2025 Intel Guru MarkZ [via PDK] Question: if Iraq is increasing her foreign reserves through correspondent banks, isn't that international trade? MarkZ: Yes and that is why some are getting excited.
1-9-2025 Newshound Guru Kaperoni Question: "In reading these articles, I find they contradict each other. I remember a few months ago that only 13 banks were not in compliance with CBI standards. Today, I read 32 banks have limited functions. Is this difference between gov banks and private banks, or am I still in the weeds trying to understand foreign banking?" Some of the recent articles are opinion articles.
1-9-2025 Newshound Guru Sandy Ingram In the 3rd quarter of 2024 the Central Bank of Iraq reported steady growth in both bank deposits and cash credit across state and private banks. Article "Iraq's bank deposits reach $97.32 billion in 2024's third quarter" These figures highlight a positive trend in Iraq's banking sector with increased confidence in both savings and lending activities across the country.
1-9-2025 Newshound Guru Pimpy The last time Trump was in office, we became the #1 exporter of energy which affected oil prices and affected Iraq. With Trump coming into office, we're going to quickly see what kind of impact he has on Iraq and the oil market...All we can do is sit back and watch. If Iraq thinks it's going to go in the same direction as it did last time and the value of oil per barrel goes down, which could hurt them big time.
1-9-2025 Intel Guru MarkZ [via PDK] Comment: A friend says it could go on the 20th – and it would be a 3 day weekend. MarkZ: I was told a 3 day weekend is the easiest…I do have some bond contacts now saying their funds won’t release until the 21st…after the inauguration...the banking side still believes its earlier…There are still a number of banks expecting and being prepped for a rate between now and Saturday. I hope that happens...Groups have been silent for the last day or so. I believe its very close and the yo yo news means they are still doing their best to cloud the timing...What we do know is they are doing the preparations right now to make this happen.
1-9-2025 Newshound Guru PompeyPeter They won't carry on until they have something out on Forex. Let's not forget the importance of that because that's attached to WTO. I think that's an enormous indicator of where we're at. They've got to pull the plug. They've got to show that rate internationally on Forex even if they show 1310, which they won't because they'll implode economically, but they've got to put something up on that board. They've got to show the international world the currency...It's got to be up there.
1-9-2025 Intel Guru Frank26 Soon I will be receiving, god willing, thousands and thousands of locations where you will be able to exchange. Not the ones where you call the US Treasury, where they tell you all the banks in America where you can exchange. Not that one. The one where the CBI is releasing thousands of banks all across the world. Those banks are going to collect the 3 zero notes...Michigan and California are the number one states.
1-9-2025 Newshound Guru Jeff Up Until, through the end of September...was the government's busiest time period for having and holding sessions of parliament, getting record steps done, all in preparation for them to revalue. Since September they only got a few odds and ends done. Why so little? Because they have a rate change date and they are working around that date...awaiting the revaluation...In this month of January you're witnessing them on a small level starting to implement their banking reforms via what they're doing through the currency auctions. That's another critical preparation step for them to revalue the currency...
1-9-2025 Newshound Guru Militia Man Article: "Al-Sudani in Tehran: A new alliance to confront terrorism and the challenges of the post-'fall of Syria' " Iraq as a mediator in the region is going to go along way to keeping stability ...There have been meetings with the "new" USA administration by phone at the highest level and an unannounced delegation from the same prior to his Sudani's visit. He is home now. I imagine things went well for all included...Like it or not Iran is a very large trading partner. There has to be a very strong agreement by all parties public and private...Iraq...is taking her place again in the region. She has always been in that position as mediator.
1-9-2025 Intel Guru MarkZ [via PDK] Things are looking good and there has been a lot of activity...Suddenly a lot of banking contacts have been checking in. Which is exciting. I have had 4 confirmations...from banking contacts that I have known for years…they are telling me now to prepare for new rates. One of them said “It looks like that thing you are expecting is happening by Saturday…New rates by or on Saturday”... Stay calm though.
1-9-2025 Intel Guru yada ...their banks are now handling all the currency exchanges from the region and around the world. Not just the dollar, they are exchanging dinar and the increased value is about to be seen by us.
1-9-2025 Newshound Guru Jeff January is a very critical month for the rate change...Shabibi back in January 19, 2012 did a four-point rate change from 1170 to 1166...
1-9-2025 Intel Guru Bruce [via WiserNow] If you have dinar and you would like the contract rate, which is substantial and moving up...ask them for it politely... If you have dinar – I don’t care if you got two or three notes, or you got...20 or 50 million dinar...There are no limits.
1-9-2025 Newshound Guru Militia Man There's some people out there that talk about the fact that the dollar auctions haven't changed. That's wrong...you should already know this by now, it's called the new reinforcement mechanism. Articles specifically tell you the dollar auctions...are no longer, at all. Everybody that is going to get a dollar from anywhere in Iraq is going to come from this new mechanism and that's a fact.
1-9-2025 Intel Guru MarkZ [via PDK] Question: if Iraq is increasing her foreign reserves through correspondent banks, isn't that international trade? MarkZ: Yes and that is why some are getting excited.
1-9-2025 Newshound Guru Kaperoni Question: "In reading these articles, I find they contradict each other. I remember a few months ago that only 13 banks were not in compliance with CBI standards. Today, I read 32 banks have limited functions. Is this difference between gov banks and private banks, or am I still in the weeds trying to understand foreign banking?" Some of the recent articles are opinion articles.
1-9-2025 Newshound Guru Sandy Ingram In the 3rd quarter of 2024 the Central Bank of Iraq reported steady growth in both bank deposits and cash credit across state and private banks. Article "Iraq's bank deposits reach $97.32 billion in 2024's third quarter" These figures highlight a positive trend in Iraq's banking sector with increased confidence in both savings and lending activities across the country.
1-9-2025 Newshound Guru Pimpy The last time Trump was in office, we became the #1 exporter of energy which affected oil prices and affected Iraq. With Trump coming into office, we're going to quickly see what kind of impact he has on Iraq and the oil market...All we can do is sit back and watch. If Iraq thinks it's going to go in the same direction as it did last time and the value of oil per barrel goes down, which could hurt them big time.
1-9-2025 Intel Guru MarkZ [via PDK] Comment: A friend says it could go on the 20th – and it would be a 3 day weekend. MarkZ: I was told a 3 day weekend is the easiest…I do have some bond contacts now saying their funds won’t release until the 21st…after the inauguration...the banking side still believes its earlier…There are still a number of banks expecting and being prepped for a rate between now and Saturday. I hope that happens...Groups have been silent for the last day or so. I believe its very close and the yo yo news means they are still doing their best to cloud the timing...What we do know is they are doing the preparations right now to make this happen.
1-9-2025 Newshound Guru PompeyPeter They won't carry on until they have something out on Forex. Let's not forget the importance of that because that's attached to WTO. I think that's an enormous indicator of where we're at. They've got to pull the plug. They've got to show that rate internationally on Forex even if they show 1310, which they won't because they'll implode economically, but they've got to put something up on that board. They've got to show the international world the currency...It's got to be up there.
1-9-2025 Intel Guru Frank26 Soon I will be receiving, god willing, thousands and thousands of locations where you will be able to exchange. Not the ones where you call the US Treasury, where they tell you all the banks in America where you can exchange. Not that one. The one where the CBI is releasing thousands of banks all across the world. Those banks are going to collect the 3 zero notes...Michigan and California are the number one states.
1-9-2025 Newshound Guru Jeff Up Until, through the end of September...was the government's busiest time period for having and holding sessions of parliament, getting record steps done, all in preparation for them to revalue. Since September they only got a few odds and ends done. Why so little? Because they have a rate change date and they are working around that date...awaiting the revaluation...In this month of January you're witnessing them on a small level starting to implement their banking reforms via what they're doing through the currency auctions. That's another critical preparation step for them to revalue the currency...
1-9-2025 Newshound Guru Militia Man Article: "Al-Sudani in Tehran: A new alliance to confront terrorism and the challenges of the post-'fall of Syria' " Iraq as a mediator in the region is going to go along way to keeping stability ...There have been meetings with the "new" USA administration by phone at the highest level and an unannounced delegation from the same prior to his Sudani's visit. He is home now. I imagine things went well for all included...Like it or not Iran is a very large trading partner. There has to be a very strong agreement by all parties public and private...Iraq...is taking her place again in the region. She has always been in that position as mediator.
1-9-2025 Intel Guru MarkZ [via PDK] Things are looking good and there has been a lot of activity...Suddenly a lot of banking contacts have been checking in. Which is exciting. I have had 4 confirmations...from banking contacts that I have known for years…they are telling me now to prepare for new rates. One of them said “It looks like that thing you are expecting is happening by Saturday…New rates by or on Saturday”... Stay calm though.
1-9-2025 Intel Guru yada ...their banks are now handling all the currency exchanges from the region and around the world. Not just the dollar, they are exchanging dinar and the increased value is about to be seen by us.
1-8-2025 Intel Guru Bruce [via WiserNow] ...right now, my guess is based on the information so far... is pointing toward us getting notified tomorrow [Wednesday], ...and exchanging on Thursday...But we are in a very good place right now... Thursday is looking very good right now.
1-8-2025 Intel Guru Frank26 Question "Is there any chance Trump is not a good person for us [dinar investors]?" No.
1-8-2025 Newshound Guru Militia Man Iraq Stock Exchange has already shown complete stability. It's huge. It's up 131% in one month. All those neighbor stock exchanges are starting to get a rise because they might be exposed to where? Iraq. For what? Investment.
1-8-2025 Newshound Guru Pimpy Iran is taking a hands-off approach with Iraq saying, look, they respect any decision made by al-Sudani. I think that has a large part to do with the fact that Trump has taken an interest in al-Sudani and Iran is on Trumps 'piss list'...Congratulations to al-Sudani who avoided...conflicts. He avoided them like he should. Now he's got the backing of Iran and they're promising not to arm factions no more and they would help Iraq dissolve these Popular Mobilization Groups...This is a really good move, a smart move by Iran but very good news for Iraq. Now I'm curious to see what kind of meeting Iraq is going to have with Trump once Trump finally gets into office...
1-8-2025 Newshound Guru Jeff What they're doing is selling US dollars to pay for and fund imports coming into Iraq...What they've done with this new transfer system is they've made back end changes that are not visual...What they've done...is transition so that they can allow their banks to do these international transfers...There's only so much they can do with banking reforms at this time until the rate physically changes. Again, what they're doing is they're positioning the banks to...do foreign transfers with the US dollars...now instead of that money being sent directly from the central bank it's being routed and sent from the local banks within Iraq. That prepares Iraq to be ready towards going international...
1-8-2025 Newshound Guru Sandy Ingram Iraq's revenue for the first ten months of 2024 is massive. Plus there was a huge increase in bank deposits in 2024 and the country's gold reserves increased to become the third largest in the Middle East.
1-8-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV talked about how we have now gone from the dollar auction to now transfers in our banks. No more auctions. These transfers are linked to international banks...No more being done by auctions of the CBI but by this new system in our banks. FRANK: This is fantastic because these are the preparations. FIREFLY: We are linked to the world!
1-8-2025 Newshound Guru Samson Article: "On the eve of Tehran visit, Al-Sudani packs a number of files in his bag, including a “new strategy” "
1-8-2025 Newshound Guru Militia Man Change is coming. The new reinforcement mechanism is doing what it's designed for...It's not the dollar auctions anymore. They call it the reinforcement mechanism. What are they doing? They're increasing there foreign currency reserves.
1-8-2025 Newshound Guru Pimpy They haven't passed a budget fully yet. We know it's in their hands. We know they're discussing it...I think they're really just waiting to find out what's going to happen to the oil market [with Trump coming into office] and which players [Iran, China, Russia etc] move where and how that's going to affect Iraq...
1-8-2025 Newshound Guru Jeff For them to approve the oil and gas law is absolutely waiting for the rate to change...Two very critical articles now saying they've magically reached an agreement on the Oil and Gas Law within the month of January. Again, the Oil and Gas Law has been pending and outstanding since 2005...
1-8-2025 Intel Guru Frank26 I know what today is. I know that yesterday the parliament was supposed to finish the articles in the budget...I know that on the 7th...Sudani wanted everything done, if not what he was going to do...an operational budget.
1-8-2025 Intel Guru MarkZ [via PDK] Article: “Oil and gas law is the salvation of the outstanding files between Baghdad and Erbil” this discussion is really gearing up again. Along with smaller notes discussions and HCL discussions. They want us to know the Oil and Gas law will solve all outstanding problems.
1-8-2025 Newshound/Intel Guru Mnt Goat ...Let’s revisit this...Oil and Gas law...Remember that this is a constitutional requirement...We have been told many times in articles that this “referendum” must be written and passed as part of the “Stability” for Iraq. Article: "A GUARANTOR OF ZEROING OUT CRISES...PARLIAMENTARY DEMANDS TO LEGISLATE THE OIL AND GAS LAW”. In the article the Kurdistan National Union parliamentary bloc called on the federal government, on Tuesday, “to expedite and send the oil and gas law to the House of Representatives for study and approval as quickly as possible.” Why the urgency? WOW, WOW, WOW!
1-8-2025 Intel Guru Frank26 Question "Is there any chance Trump is not a good person for us [dinar investors]?" No.
1-8-2025 Newshound Guru Militia Man Iraq Stock Exchange has already shown complete stability. It's huge. It's up 131% in one month. All those neighbor stock exchanges are starting to get a rise because they might be exposed to where? Iraq. For what? Investment.
1-8-2025 Newshound Guru Pimpy Iran is taking a hands-off approach with Iraq saying, look, they respect any decision made by al-Sudani. I think that has a large part to do with the fact that Trump has taken an interest in al-Sudani and Iran is on Trumps 'piss list'...Congratulations to al-Sudani who avoided...conflicts. He avoided them like he should. Now he's got the backing of Iran and they're promising not to arm factions no more and they would help Iraq dissolve these Popular Mobilization Groups...This is a really good move, a smart move by Iran but very good news for Iraq. Now I'm curious to see what kind of meeting Iraq is going to have with Trump once Trump finally gets into office...
1-8-2025 Newshound Guru Jeff What they're doing is selling US dollars to pay for and fund imports coming into Iraq...What they've done with this new transfer system is they've made back end changes that are not visual...What they've done...is transition so that they can allow their banks to do these international transfers...There's only so much they can do with banking reforms at this time until the rate physically changes. Again, what they're doing is they're positioning the banks to...do foreign transfers with the US dollars...now instead of that money being sent directly from the central bank it's being routed and sent from the local banks within Iraq. That prepares Iraq to be ready towards going international...
1-8-2025 Newshound Guru Sandy Ingram Iraq's revenue for the first ten months of 2024 is massive. Plus there was a huge increase in bank deposits in 2024 and the country's gold reserves increased to become the third largest in the Middle East.
1-8-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV talked about how we have now gone from the dollar auction to now transfers in our banks. No more auctions. These transfers are linked to international banks...No more being done by auctions of the CBI but by this new system in our banks. FRANK: This is fantastic because these are the preparations. FIREFLY: We are linked to the world!
1-8-2025 Newshound Guru Samson Article: "On the eve of Tehran visit, Al-Sudani packs a number of files in his bag, including a “new strategy” "
1-8-2025 Newshound Guru Militia Man Change is coming. The new reinforcement mechanism is doing what it's designed for...It's not the dollar auctions anymore. They call it the reinforcement mechanism. What are they doing? They're increasing there foreign currency reserves.
1-8-2025 Newshound Guru Pimpy They haven't passed a budget fully yet. We know it's in their hands. We know they're discussing it...I think they're really just waiting to find out what's going to happen to the oil market [with Trump coming into office] and which players [Iran, China, Russia etc] move where and how that's going to affect Iraq...
1-8-2025 Newshound Guru Jeff For them to approve the oil and gas law is absolutely waiting for the rate to change...Two very critical articles now saying they've magically reached an agreement on the Oil and Gas Law within the month of January. Again, the Oil and Gas Law has been pending and outstanding since 2005...
1-8-2025 Intel Guru Frank26 I know what today is. I know that yesterday the parliament was supposed to finish the articles in the budget...I know that on the 7th...Sudani wanted everything done, if not what he was going to do...an operational budget.
1-8-2025 Intel Guru MarkZ [via PDK] Article: “Oil and gas law is the salvation of the outstanding files between Baghdad and Erbil” this discussion is really gearing up again. Along with smaller notes discussions and HCL discussions. They want us to know the Oil and Gas law will solve all outstanding problems.
1-8-2025 Newshound/Intel Guru Mnt Goat ...Let’s revisit this...Oil and Gas law...Remember that this is a constitutional requirement...We have been told many times in articles that this “referendum” must be written and passed as part of the “Stability” for Iraq. Article: "A GUARANTOR OF ZEROING OUT CRISES...PARLIAMENTARY DEMANDS TO LEGISLATE THE OIL AND GAS LAW”. In the article the Kurdistan National Union parliamentary bloc called on the federal government, on Tuesday, “to expedite and send the oil and gas law to the House of Representatives for study and approval as quickly as possible.” Why the urgency? WOW, WOW, WOW!
1-7-2025 Intel Guru Frank26 Question: "My denominations are all in 25k notes, would I be able to exchange those?" Yes you can exchange 25k notes. You can exchange all of the notes. The only one you can't exchange is the one that has the picture of Saddam on it. Those are called Swiss notes. You don't want those. The other one too is the 50 Iraqi dinar. Those are null and void. They're gone. You can't use those.
1-7-2025 Newshound Guru Militia Man Article quote: "Banking experts... stressed the need to double the efforts aimed at restoring customer confidence in banks, stressing this step would absorb the accumulated cash mass and increase the volume of deposits..." They're going to...get all that cash that's on the streets, in people's houses or in safes or wherever...into the banking system... They've been working on this for a long time. An increase in value of the Iraqi dinar is going to get all those people that didn't do it, they're going to move and get in. Why? Purchasing power.
1-7-2025 Newshound Guru Jeff Iraq's critical laws at this point are waiting for the rate to change. Iraq has not held a session of parliament since September 28th...Critical laws, not draft laws, are waiting for the rate to change. That's why they have not held a productive session of parliament since September 28th... They're going to resume their session of parliament after January 9th...
1-7-2025 Newshound Guru Clare Article: "Government Advisor: Non-oil GDP Growth Rate in 2024 is Unprecedented" Quote: "The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed...that the growth rates of the non-oil gross domestic product will rise in an unprecedented manner during the year 2024"
1-7-2025 Newshound Guru Pimpy They are talking about increasing the value of the United States dollar over the dinar. The opposite direction we wanted to go. I told you there was talks about this before. This is 'only talks' that the Iraqi dinar is going to lose value against the US dollar [at this point].
1-7-2025 Intel Guru Frank26 [Sacramento California Chase bank story] A: [The wealth manager] before he even sits down, the first thing he said, you're right. Right now we don't exchange [Iraqi dinar] but 'when it goes live' we can help you right over there and he pointed to the tellers. I said do you guys verify on site? He said yep, when it goes live you can just go stand in line right there, they'll run it through the machine and...then it will be right in your account...no hesitation...It was almost like he was saying, we're waiting for it to go live too, is how I took it... FRANK: Nobody knows when, but they all have been put on alert. That's why the mantra, it's a scam is no longer to be found anywhere. It has become extinct because they are preparing to deal with this.
1-7-2025 Newshound Guru Samson Article: "**GOVERNMENT ADVISOR : NON-OIL GDP GROWTH RATE IN 2024 IS UNPRECEDENTED"**"
1-7-2025 Intel Guru MarkZ [via PDK] It’s been an exciting morning…Been proving and disproving pictures of lower denoms....There is a good chance one of my Iraqi contacts will be sharing pictures of the new Iraq $20 note today . We do not want to get folks hopes up falsely. So doing more vetting today. The conversation in Iraq is small denominations /notes. Why would they release small notes unless there is a value change?
1-7-2025 Newshound/Intel Guru Walkingstick The fact that Sudani is talking so much about the purchasing power to the Iraqi citizens is amazing...It puts us exactly where we need to be with this monetary reform education...IOO no prime minister has ever made such bold promises to the citizens of his nation. These conversations of giving purchasing power to the citizens have never been seen in the Middle East nor said by a prime minister of the Middle East.
1-7-2025 Newshound Guru Militia Man Article Quote: "The Central Bank of Iraq and the US Federal Reserve are moving towards authorizing Iraqi banks to contract with international auditing companies." Why is the world would you be doing that if you weren't going international? You wouldn't...We're not talking about the central bank or the state banks, we're talking about [private] Iraqi banks... Quote: "This step is a turning point that contributes to drawing a clear map for the work of Iraqi banks on the global stage as they deal with international correspondence and financial guarantees in addition to instant transfers."
1-7-2025 Newshound Guru Jeff Nope, they haven't stopped [the "auctions"]. They're resuming. They sell U.S. dollars daily abroad...because Iraq doesn't have a tradable currency. These remittances will continue until the rate changes. The only real change that's happened is the dollars...are transferred now at the banking level instead of the central bank level. They're preparing the banks to be able to transfer foreign currencies abroad and be ready for the rate change when it occurs...
1-7-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy says month of January is critical. FRANK: Yes, it is critical in the sense they are about to give you your purchasing power because the evidence points solely in that direction. There is no other option, there is no other choice.
1-7-2025 Newshound/Intel Guru Mnt Goat Article: "CENTRAL BANK ANNOUNCES MAJOR ACHIEVEMENT IN FOREIGN TRANSFERS" Quote: "This achievement is a radical transformation in line with the best international standards and practices to achieve a stable and secure financial system" So where is the RV then? Why still at 1/6 of a penny?
1-7-2025 Intel Guru MarkZ [via PDK] Question: is the dinar floating? MarkZ: its floating in the parallel market in a direction that supports us. It was 1500 a few days ago in the parallel markets which mean we are watching the dinar gain value in the free market. They are changing how auctions work and want us to know why.
1-7-2025 Newshound Guru Militia Man Article quote: "Banking experts... stressed the need to double the efforts aimed at restoring customer confidence in banks, stressing this step would absorb the accumulated cash mass and increase the volume of deposits..." They're going to...get all that cash that's on the streets, in people's houses or in safes or wherever...into the banking system... They've been working on this for a long time. An increase in value of the Iraqi dinar is going to get all those people that didn't do it, they're going to move and get in. Why? Purchasing power.
1-7-2025 Newshound Guru Jeff Iraq's critical laws at this point are waiting for the rate to change. Iraq has not held a session of parliament since September 28th...Critical laws, not draft laws, are waiting for the rate to change. That's why they have not held a productive session of parliament since September 28th... They're going to resume their session of parliament after January 9th...
1-7-2025 Newshound Guru Clare Article: "Government Advisor: Non-oil GDP Growth Rate in 2024 is Unprecedented" Quote: "The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed...that the growth rates of the non-oil gross domestic product will rise in an unprecedented manner during the year 2024"
1-7-2025 Newshound Guru Pimpy They are talking about increasing the value of the United States dollar over the dinar. The opposite direction we wanted to go. I told you there was talks about this before. This is 'only talks' that the Iraqi dinar is going to lose value against the US dollar [at this point].
1-7-2025 Intel Guru Frank26 [Sacramento California Chase bank story] A: [The wealth manager] before he even sits down, the first thing he said, you're right. Right now we don't exchange [Iraqi dinar] but 'when it goes live' we can help you right over there and he pointed to the tellers. I said do you guys verify on site? He said yep, when it goes live you can just go stand in line right there, they'll run it through the machine and...then it will be right in your account...no hesitation...It was almost like he was saying, we're waiting for it to go live too, is how I took it... FRANK: Nobody knows when, but they all have been put on alert. That's why the mantra, it's a scam is no longer to be found anywhere. It has become extinct because they are preparing to deal with this.
1-7-2025 Newshound Guru Samson Article: "**GOVERNMENT ADVISOR : NON-OIL GDP GROWTH RATE IN 2024 IS UNPRECEDENTED"**"
1-7-2025 Intel Guru MarkZ [via PDK] It’s been an exciting morning…Been proving and disproving pictures of lower denoms....There is a good chance one of my Iraqi contacts will be sharing pictures of the new Iraq $20 note today . We do not want to get folks hopes up falsely. So doing more vetting today. The conversation in Iraq is small denominations /notes. Why would they release small notes unless there is a value change?
1-7-2025 Newshound/Intel Guru Walkingstick The fact that Sudani is talking so much about the purchasing power to the Iraqi citizens is amazing...It puts us exactly where we need to be with this monetary reform education...IOO no prime minister has ever made such bold promises to the citizens of his nation. These conversations of giving purchasing power to the citizens have never been seen in the Middle East nor said by a prime minister of the Middle East.
1-7-2025 Newshound Guru Militia Man Article Quote: "The Central Bank of Iraq and the US Federal Reserve are moving towards authorizing Iraqi banks to contract with international auditing companies." Why is the world would you be doing that if you weren't going international? You wouldn't...We're not talking about the central bank or the state banks, we're talking about [private] Iraqi banks... Quote: "This step is a turning point that contributes to drawing a clear map for the work of Iraqi banks on the global stage as they deal with international correspondence and financial guarantees in addition to instant transfers."
1-7-2025 Newshound Guru Jeff Nope, they haven't stopped [the "auctions"]. They're resuming. They sell U.S. dollars daily abroad...because Iraq doesn't have a tradable currency. These remittances will continue until the rate changes. The only real change that's happened is the dollars...are transferred now at the banking level instead of the central bank level. They're preparing the banks to be able to transfer foreign currencies abroad and be ready for the rate change when it occurs...
1-7-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy says month of January is critical. FRANK: Yes, it is critical in the sense they are about to give you your purchasing power because the evidence points solely in that direction. There is no other option, there is no other choice.
1-7-2025 Newshound/Intel Guru Mnt Goat Article: "CENTRAL BANK ANNOUNCES MAJOR ACHIEVEMENT IN FOREIGN TRANSFERS" Quote: "This achievement is a radical transformation in line with the best international standards and practices to achieve a stable and secure financial system" So where is the RV then? Why still at 1/6 of a penny?
1-7-2025 Intel Guru MarkZ [via PDK] Question: is the dinar floating? MarkZ: its floating in the parallel market in a direction that supports us. It was 1500 a few days ago in the parallel markets which mean we are watching the dinar gain value in the free market. They are changing how auctions work and want us to know why.
1-6-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The feel on the streets we citizens know a new rate is coming! Everything is pointing to to this! FRANK: I agree with you. I can feel the rumbling of the earthquake that will bring you your monetary reform, purchasing power. Things are getting very exciting...
1-6-2025 Newshound Guru Clare Article: " 'Changes are coming inevitably' . What awaits Iraq after January 20" Quote: "...Iraq will be part of the new Middle East, this is what a number of observers expect about the next stage after Donald Trump assumes the US presidency on Monday, January 20...Trump's strategy will depend on severing the relationship between Iraq and Iran once and for all. That is, Trump will not rely on the gray area in which Iran's allies maneuvered in the past. Therefore, the current and future Iraqi government will have to reveal the truth about its relations with the United States of America, and Trump will not accept a government that is an enemy of the United States of America...If Al-Sudani's government does not abide by Trump's conditions, there may be some alignment between Washington and Tel Aviv to stop this Iranian influence inside Iraq..."
1-6-2025 Intel Guru MarkZ [via PDK] on the bond side – I had 2 contacts check in and they are expecting funds over the next 4 days…so per their update today – between now and the 10th. We are praying they actually get payments this week- because you and I are right behind them …or at the same time. When they start getting their money- our notifications should go out.
1-6-2025 Newshound Guru Militia Man The next step is to do global transactions against other currencies in dinar and other foreign currencies. They will become similar to foreign currency in International terms. I don't believe it's going to be at 1320 for the dollar. It will not work as a REER. From today, banks are closed and will not open in Iraq until next week...Monday is a national holiday, Army Day...It definitely looks like a timed mechanism in many ways.
1-6-2025 Newshound Guru Jeff There's a lot of rumors...talking about how the rate might change on January 6th. Disregard that. I can promise you the rate is not changing on January 6th. I'm going to give you a date in this and it's opinion-based so this may or may not happen. If the rate it going to change, because we don't know if the rate is going to change in the month of January, it will be sometime in the second half of January after the 15th. That is a promise. It has to be after the 15th...The rate cannot change before the 15th. And...it can only change on what is their Sunday...So it has to be on one of their Sunday's after the 15th. Again, we don't know if the rate is changing in January at all. We do know January is a critical month...
1-6-2025 Newshound Guru Samson Article: "Economist threatens 'painful' US sanctions on Iraq to 'tighten screws on Iran'"
1-6-2025 Newshound Guru Sandy Ingram Vietnam is entering a phase of strong and steady growth...Experts believe Vietnam's economy will grow a lot in 2025, somewhere between 6.5% to 8%...Their exciting predictions are backed by several things including a recovering real estate market, people spending more money and the government putting a lot of money into infrastructure...
1-6-2025 Intel Guru Frank26 Remember that picture Alaq was holding up with the big board [of 1940 1 dinar note]...That is an old picture from 2017 [article]...If you go back and read it, it told the Iraqi citizens they the CBI was starting a mechanism to add value, purchasing power, to their currency. [Now] they showed that same picture from the archives to tell Iraqi citizens they are done, what they started in 2017 they have finished in '24. They are done and we are now going to introduce the lower notes and a new exchange rate. That's why you [Iraqi citizens] are being given [exchange 3-zero note] instructions today...
1-6-2025 Newshound Guru Clare Article: "The Iraqi dollar and the first day 'passed peacefully'.. The Central Bank is innocent and devoted to the dinar" Quote: "...the platform’s function has changed from being a seller of dollars to Iraqi companies, to an intermediary between Iraqi banks and foreign correspondent banks (JP Morgan and Citibank), which will be responsible for auditing and approving the transfers, instead of the Central Bank of Iraq...The currency selling window will remain, but its mission will not be to sell dollars but to convert dinars into dollars, and there was no problem in the market today, Sunday, although the dollar rose very slightly."
1-6-2025 Intel Guru MarkZ [via PDK] Auctions in Iraq have been occurring. I was told by a contact over there that this is the final part of their de-dollarization. Article: “The Iraqi dollar and the first day “passed peacefully” The Central Bank is innocent and free for the dinar” According to Iraqi Press today is the first day without the auctions. I am feeling good about auctions ending which should mean a new rate. I am told Iraq was reducing their reserves to de-dollarize the market. This in anticipation of a rate change.
1-6-2025 Newshound Guru Militia Man [Iraqi] Banks are closed. Sudani said he was going to make...the dinar stronger than the dollar. I think it's going to still hold true. I think that's the expectations of the world. We're going to see that happen.
1-6-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy says everything is in place in his eyes. The only thing Mr. Sammy thinks we need is for Iraq to reveal a new rate to show and back the stability of the dinar as a new global currency. FRANK: Yes sir Mr. Sammy because that's what the contractors are waiting for.
1-6-2025 Newshound Guru Jeff The auctions have completely turned to normal...Absolutely nothing has changed, everything has returned and restored back to normal...Even though the auctions are normal the significant step in this is the auctions are remaining at elevated numbers because what they're doing is Iraq is emptying their coffers and getting rid of the US dollar preparing to revalue. That's the critical piece of this...But for your own knowledge and information...the auctions have absolutely returned to normal.
1-6-2025 Intel Guru MarkZ [via PDK] Article: ”Within a week, Iraq surpasses Saudi Arabia by exporting 212,000 barrels per day to America” more than twice as much as Saudi Arabia. This is huge.
1-6-2025 Newshound Guru Harlequin3 ...On Jan 1, the auctions stopped and became foreign reinforcements...The CBI is NOT selling money to the banks anymore - the banks MUST go get their money from OTHER banks outside the country (currency swaps, which is the essence of ForEx.)...All the CBI is doing is watching this now, making sure it's legit...Eventually, the dinar will float in this basket, and ForEx will look like a heartbeat. But all that goes to say the auctions HAVE stopped. What you are seeing is "foreign currency reinforcements" not an auction -- the CBI has NOTHING to do with this money, it's between the two correspondent banks, and CBI is only auditing the transaction...Without the auctions -- there is NOTHING manipulating and propping up the 1320 rate - so...what are they going to do? Raise the value...
The feel on the streets we citizens know a new rate is coming! Everything is pointing to to this! FRANK: I agree with you. I can feel the rumbling of the earthquake that will bring you your monetary reform, purchasing power. Things are getting very exciting...
1-6-2025 Newshound Guru Clare Article: " 'Changes are coming inevitably' . What awaits Iraq after January 20" Quote: "...Iraq will be part of the new Middle East, this is what a number of observers expect about the next stage after Donald Trump assumes the US presidency on Monday, January 20...Trump's strategy will depend on severing the relationship between Iraq and Iran once and for all. That is, Trump will not rely on the gray area in which Iran's allies maneuvered in the past. Therefore, the current and future Iraqi government will have to reveal the truth about its relations with the United States of America, and Trump will not accept a government that is an enemy of the United States of America...If Al-Sudani's government does not abide by Trump's conditions, there may be some alignment between Washington and Tel Aviv to stop this Iranian influence inside Iraq..."
1-6-2025 Intel Guru MarkZ [via PDK] on the bond side – I had 2 contacts check in and they are expecting funds over the next 4 days…so per their update today – between now and the 10th. We are praying they actually get payments this week- because you and I are right behind them …or at the same time. When they start getting their money- our notifications should go out.
1-6-2025 Newshound Guru Militia Man The next step is to do global transactions against other currencies in dinar and other foreign currencies. They will become similar to foreign currency in International terms. I don't believe it's going to be at 1320 for the dollar. It will not work as a REER. From today, banks are closed and will not open in Iraq until next week...Monday is a national holiday, Army Day...It definitely looks like a timed mechanism in many ways.
1-6-2025 Newshound Guru Jeff There's a lot of rumors...talking about how the rate might change on January 6th. Disregard that. I can promise you the rate is not changing on January 6th. I'm going to give you a date in this and it's opinion-based so this may or may not happen. If the rate it going to change, because we don't know if the rate is going to change in the month of January, it will be sometime in the second half of January after the 15th. That is a promise. It has to be after the 15th...The rate cannot change before the 15th. And...it can only change on what is their Sunday...So it has to be on one of their Sunday's after the 15th. Again, we don't know if the rate is changing in January at all. We do know January is a critical month...
1-6-2025 Newshound Guru Samson Article: "Economist threatens 'painful' US sanctions on Iraq to 'tighten screws on Iran'"
1-6-2025 Newshound Guru Sandy Ingram Vietnam is entering a phase of strong and steady growth...Experts believe Vietnam's economy will grow a lot in 2025, somewhere between 6.5% to 8%...Their exciting predictions are backed by several things including a recovering real estate market, people spending more money and the government putting a lot of money into infrastructure...
1-6-2025 Intel Guru Frank26 Remember that picture Alaq was holding up with the big board [of 1940 1 dinar note]...That is an old picture from 2017 [article]...If you go back and read it, it told the Iraqi citizens they the CBI was starting a mechanism to add value, purchasing power, to their currency. [Now] they showed that same picture from the archives to tell Iraqi citizens they are done, what they started in 2017 they have finished in '24. They are done and we are now going to introduce the lower notes and a new exchange rate. That's why you [Iraqi citizens] are being given [exchange 3-zero note] instructions today...
1-6-2025 Newshound Guru Clare Article: "The Iraqi dollar and the first day 'passed peacefully'.. The Central Bank is innocent and devoted to the dinar" Quote: "...the platform’s function has changed from being a seller of dollars to Iraqi companies, to an intermediary between Iraqi banks and foreign correspondent banks (JP Morgan and Citibank), which will be responsible for auditing and approving the transfers, instead of the Central Bank of Iraq...The currency selling window will remain, but its mission will not be to sell dollars but to convert dinars into dollars, and there was no problem in the market today, Sunday, although the dollar rose very slightly."
1-6-2025 Intel Guru MarkZ [via PDK] Auctions in Iraq have been occurring. I was told by a contact over there that this is the final part of their de-dollarization. Article: “The Iraqi dollar and the first day “passed peacefully” The Central Bank is innocent and free for the dinar” According to Iraqi Press today is the first day without the auctions. I am feeling good about auctions ending which should mean a new rate. I am told Iraq was reducing their reserves to de-dollarize the market. This in anticipation of a rate change.
1-6-2025 Newshound Guru Militia Man [Iraqi] Banks are closed. Sudani said he was going to make...the dinar stronger than the dollar. I think it's going to still hold true. I think that's the expectations of the world. We're going to see that happen.
1-6-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy says everything is in place in his eyes. The only thing Mr. Sammy thinks we need is for Iraq to reveal a new rate to show and back the stability of the dinar as a new global currency. FRANK: Yes sir Mr. Sammy because that's what the contractors are waiting for.
1-6-2025 Newshound Guru Jeff The auctions have completely turned to normal...Absolutely nothing has changed, everything has returned and restored back to normal...Even though the auctions are normal the significant step in this is the auctions are remaining at elevated numbers because what they're doing is Iraq is emptying their coffers and getting rid of the US dollar preparing to revalue. That's the critical piece of this...But for your own knowledge and information...the auctions have absolutely returned to normal.
1-6-2025 Intel Guru MarkZ [via PDK] Article: ”Within a week, Iraq surpasses Saudi Arabia by exporting 212,000 barrels per day to America” more than twice as much as Saudi Arabia. This is huge.
1-6-2025 Newshound Guru Harlequin3 ...On Jan 1, the auctions stopped and became foreign reinforcements...The CBI is NOT selling money to the banks anymore - the banks MUST go get their money from OTHER banks outside the country (currency swaps, which is the essence of ForEx.)...All the CBI is doing is watching this now, making sure it's legit...Eventually, the dinar will float in this basket, and ForEx will look like a heartbeat. But all that goes to say the auctions HAVE stopped. What you are seeing is "foreign currency reinforcements" not an auction -- the CBI has NOTHING to do with this money, it's between the two correspondent banks, and CBI is only auditing the transaction...Without the auctions -- there is NOTHING manipulating and propping up the 1320 rate - so...what are they going to do? Raise the value...
1-5-2025 Intel Guru Frank26 The evolution, the ebb and flow of the emotion of Iraq with the citizens concerning this monetary reform has been one moment high, one moment low, one moment high, one moment low. I'm here to tell you it evolved to nothing but high. The citizens of Iraq are so well educated and they know who the enemy is in the same way here in the United States of America...
1-5-2025 Newshound Guru Militia Man To be a global economic powers [Iraq's] exchange rate will need to be far different than 1310. It's just the way it's going to be. They haven't done anything yet. They're hiding things when it comes to that.
1-5-2025 Newshound Guru Jeff The currency auctions prior to the beginning of November were averaging around $250 million daily...Since November... they've remained elevated about $280 to $300 million daily...They're emptying their coffers of the US dollar prepping to revalue.
1-5-2025 Intel Guru MarkZ [via PDK] Comment: ...they are supposed to certify the election and Trump as President on Monday…that could be big. MarkZ: Seems like a lot is scheduled to start on the 7th after the certifications on the 6th. Maybe it’s a coincidence and maybe it’s not.
1-5-2025 Newshound Guru Samson Article: "Between the American hammer and the Iranian anvil: Iraq reshapes its future" Quote: "With conflicting reports about Iraqi Prime Minister Mohammed Shia al-Sudani’s visit to Iran..."
1-5-2025 Intel Guru Frank26 IMO the 6th going into the 7th will be very interesting for the monetary reform.
1-5-2025 Newshound Guru Clare Article: "Al-Sudani receives a "special" message from Trump: Syria, Iran and the factions" Quote: "The source told Shafaq News Agency that Al-Sudani received a message from Donald Trump through a special envoy on an unannounced visit, which included several axes. The source pointed out that the most prominent axes are the necessity of containing and controlling weapons outside the framework of the state, stopping the activity of factions linked to Iran...Meanwhile, a government source...Iraq is working diligently to establish security in the region, and that the Prime Minister will present Iraq's vision in this regard during a visit to Iran."
1-5-2025 Newshound Guru Militia Man Article: "Monetary stabilization mechanism will maintain financial stability in the country" What is that going to be? It's the reinforcement mechanism, it's the new one. It's not the old dollar auction. They're still going to use the dollar and many different foreign currencies. Realize, when Iraq turns their currency on to go international, Iraq is going to be a foreign currency that will be traded on international markets. So when they talk about "foreign currencies" think about Iraq being one of them. So when they talk about a "basket of currencies", Iraq is going to be one of them within it.
1-5-2025 Newshound/Intel Guru Fnu Lnu [Response to Guru MarkZ's "In Iraq-It appears the final step in de-dollarization is happening" post from 1-4-2024 below] [Dinar Guru] Mark as well as many others seem to be confused by the actions of the CBI...The "AUCTION / CURRENCY WINDOW" is indeed closed. The reported sales of one billion in four days is NOT being done at auction. That was turned over to the banks which is why they were enabled with international currency exchange platforms. This way, monitoring of all exchange functions is done in real time and not centralized. Scrutiny of participants in exchanges are likewise monitored and vetted in real time. No more fraudulent exchanges for smuggling purposes.
1-5-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy just left my place. He told me, I want you to understand that what we are seeing on TV right now about bringing in the notes, it's like a clean sweep to get the old notes out, the damaged notes back and the counterfeit notes off the street before the rate hits. This will allow all these notes collected to get into the electronic system...Mr Sammy says we are officially category A currency now...It was category C which was less desirable ... That was required also for the WTO introduction...All these smaller exchange companies that have recently been licensed are now being linked to the big boy exchange companies. That all leads to something big is coming. FRANK: Yes, something big is coming...
1-5-2025 Newshound Guru Jeff A fair amount of people think the auctions have ended. This article right here will crush and destroy that theory. Article: "The central bank sells more than a billion dollars in just 4 days" This article is very clear. The only changes that have occurred regarding the auctions is they're no longer having or holding cash withdrawal inside the country of Iraq. They're still auctioning off currency abroad to overseas banks and they may have transitioned to a new financial system. Regardless, the important step in this is that the banking reforms are now getting implemented. That's a critical step to this.
1-5-2025 Intel Guru MarkZ [via PDK] Article: “Government Advisor: The growth rate of non-oil GDP during 2024 is unprecedented” Its great to see non oil revenues sky-rocketing…this will help support the value of the dinar.
1-5-2025 Newshound/Intel Guru Mnt Goat Article: "WITH THE BEGINNING OF THE NEW YEAR, THE US DOLLAR ENTERS A NEW PHASE IN IRAQ"
WOW! This...says it all. Yes, Iraq has now moved to “normal” ways of doing business with the outside world...Iraq had stayed on the currency auctions with the CBI supplying the dollars way too long (20 years)...This was never Dr. Shabibi’s plan but they were forced to do to the newer Obama plan of paying off the war reparations first than moving ahead with the currency reforms, which we have now witnessed aggressive movements in this direction since the beginning of 2023.
1-5-2025 Newshound Guru Militia Man To be a global economic powers [Iraq's] exchange rate will need to be far different than 1310. It's just the way it's going to be. They haven't done anything yet. They're hiding things when it comes to that.
1-5-2025 Newshound Guru Jeff The currency auctions prior to the beginning of November were averaging around $250 million daily...Since November... they've remained elevated about $280 to $300 million daily...They're emptying their coffers of the US dollar prepping to revalue.
1-5-2025 Intel Guru MarkZ [via PDK] Comment: ...they are supposed to certify the election and Trump as President on Monday…that could be big. MarkZ: Seems like a lot is scheduled to start on the 7th after the certifications on the 6th. Maybe it’s a coincidence and maybe it’s not.
1-5-2025 Newshound Guru Samson Article: "Between the American hammer and the Iranian anvil: Iraq reshapes its future" Quote: "With conflicting reports about Iraqi Prime Minister Mohammed Shia al-Sudani’s visit to Iran..."
1-5-2025 Intel Guru Frank26 IMO the 6th going into the 7th will be very interesting for the monetary reform.
1-5-2025 Newshound Guru Clare Article: "Al-Sudani receives a "special" message from Trump: Syria, Iran and the factions" Quote: "The source told Shafaq News Agency that Al-Sudani received a message from Donald Trump through a special envoy on an unannounced visit, which included several axes. The source pointed out that the most prominent axes are the necessity of containing and controlling weapons outside the framework of the state, stopping the activity of factions linked to Iran...Meanwhile, a government source...Iraq is working diligently to establish security in the region, and that the Prime Minister will present Iraq's vision in this regard during a visit to Iran."
1-5-2025 Newshound Guru Militia Man Article: "Monetary stabilization mechanism will maintain financial stability in the country" What is that going to be? It's the reinforcement mechanism, it's the new one. It's not the old dollar auction. They're still going to use the dollar and many different foreign currencies. Realize, when Iraq turns their currency on to go international, Iraq is going to be a foreign currency that will be traded on international markets. So when they talk about "foreign currencies" think about Iraq being one of them. So when they talk about a "basket of currencies", Iraq is going to be one of them within it.
1-5-2025 Newshound/Intel Guru Fnu Lnu [Response to Guru MarkZ's "In Iraq-It appears the final step in de-dollarization is happening" post from 1-4-2024 below] [Dinar Guru] Mark as well as many others seem to be confused by the actions of the CBI...The "AUCTION / CURRENCY WINDOW" is indeed closed. The reported sales of one billion in four days is NOT being done at auction. That was turned over to the banks which is why they were enabled with international currency exchange platforms. This way, monitoring of all exchange functions is done in real time and not centralized. Scrutiny of participants in exchanges are likewise monitored and vetted in real time. No more fraudulent exchanges for smuggling purposes.
1-5-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy just left my place. He told me, I want you to understand that what we are seeing on TV right now about bringing in the notes, it's like a clean sweep to get the old notes out, the damaged notes back and the counterfeit notes off the street before the rate hits. This will allow all these notes collected to get into the electronic system...Mr Sammy says we are officially category A currency now...It was category C which was less desirable ... That was required also for the WTO introduction...All these smaller exchange companies that have recently been licensed are now being linked to the big boy exchange companies. That all leads to something big is coming. FRANK: Yes, something big is coming...
1-5-2025 Newshound Guru Jeff A fair amount of people think the auctions have ended. This article right here will crush and destroy that theory. Article: "The central bank sells more than a billion dollars in just 4 days" This article is very clear. The only changes that have occurred regarding the auctions is they're no longer having or holding cash withdrawal inside the country of Iraq. They're still auctioning off currency abroad to overseas banks and they may have transitioned to a new financial system. Regardless, the important step in this is that the banking reforms are now getting implemented. That's a critical step to this.
1-5-2025 Intel Guru MarkZ [via PDK] Article: “Government Advisor: The growth rate of non-oil GDP during 2024 is unprecedented” Its great to see non oil revenues sky-rocketing…this will help support the value of the dinar.
1-5-2025 Newshound/Intel Guru Mnt Goat Article: "WITH THE BEGINNING OF THE NEW YEAR, THE US DOLLAR ENTERS A NEW PHASE IN IRAQ"
WOW! This...says it all. Yes, Iraq has now moved to “normal” ways of doing business with the outside world...Iraq had stayed on the currency auctions with the CBI supplying the dollars way too long (20 years)...This was never Dr. Shabibi’s plan but they were forced to do to the newer Obama plan of paying off the war reparations first than moving ahead with the currency reforms, which we have now witnessed aggressive movements in this direction since the beginning of 2023.
1-4-2025 Intel Guru Frank26 Question: "Do you believe in the tiers getting paid first?" I hate to break your heart sweetheart but there are no tiers...People created this illusion that if you belong to this tier you have to give up some of your dinar, you have to be part of their group, whatever it is you will be able to exchange first. That's beyond stupid as stupid can get. There are no tiers. There's no, first level, second level, third level of our American population. Everybody's got dinars, everybody will be treated the same way. Why? Because they all fall under the international banking laws. There is no other ways. There is no other options...If they tell you, 'give me your dinars and you'll be part of the [XYZ] group, RUN! ...You're not allowed to do what they're doing. That's evil.
1-4-2025 Intel Guru MarkZ [via PDK] ...according to articles...the numbers easily support a rate of $3.50 to $4.00...
1-4-2025 Newshound Guru Samson Article "Oil Price Global Oil Website: Trump Will Impose Sanctions on Iraq"
1-4-2024 Newshound Guru Militia Man They say today the exchange rate is 1320 dinar for every dollar. That is the true exchange rate however that will change to an international acceptable exchange rate when the Central Bank applies the new exchange rate to be on international Forex markets. They're preparing for that to happen before our eyes with the [new] reinforcement mechanism...They have switched from the old dollar auction system...[Dinar Guru Note: You can always see the official CBI dinar exchange rate in the left column of this page.]
1-4-2025 Newshound Guru Clare Article: "Iraq surpasses Saudi Arabia in oil exports to America" Quote: "The US Energy Information Administration announced on Saturday that Iraq surpassed Saudi Arabia in oil exports to the United States during the past week."
1-4-2025 Intel Guru Frank26 The fact they are about to [or have] stop [stopped] the auctions means it has to be replaced with a new exchange rate to add value to your currency. If all of these things are true from Sudani...then another thing is true IMO, the lower notes they're going to give you are now in position, ready, loaded to go, ready to be given to [the Iraqi citizens].
1-4-2025 Intel Guru MarkZ [via PDK] In Iraq-It appears the final step in de-dollarization is happening...that is what I was told…although my one contact told me to not worry and this is de-dollarization before the change…but, The central Bank of Iraq is claiming they sold one billion in 4 days. They keep saying auctions have stopped but we are seeing evidence they are still moving foreign currency. We are not sure what is going on – but we are watching it. Things are quite confusing.
1-4-2025 Newshound Guru Samson Article: "Central Bank: Work on the electronic platform has stopped"
1-4-2025 Newshound Guru Jeff One of the things the central bank is stating they're going to do is...end that old electronic transfer system that exclusively works with the dollar and transition to a different type of banking system where the local Iraqi banks can start...doing their own sending of foreign currencies and no longer just the dollar, multiple different foreign currencies abroad. It's called Direct Banking...But to do that the US sanctions need to be lifted off of Iraq. That's why this whole time they've only been able to exclusively work with the US dollar.
1-4-2024 Newshound Guru Militia Man There's a difference between the dollar auctions and the reinforcement mechanism that they use today. Militia Man and crew have been quite clear that there's going to be a change - The dollar auctions are going to stop and there's something different. [We] have been spot on about the fact that the dollar auctions are going to go away and they have...
1-4-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is doing 11-page document, we've seen it before but they're reshowing it to us. It's instructions to all the new money exchange centers that have been opened up on what they can accept and how much to give on damaged notes being returned by citizens. It's like they are telling exchangers a lot of the 3-zero notes are about to be returned. FRANK: That's exactly what they're doing. Like I told you, these banks would be very essential...Collecting the 3-zero notes is going to be massive...
1-4-2025 Intel Guru MarkZ [via PDK] Question: Where will the new rate show first? MarkZ: If it follows in Kuwaits footsteps – it will quietly be released. Maybe people will do some exchanging and then it will show publicly on forex. But, In today’s world and the speed of the internet - my guess is we will all see it at the same time …You guys will probably hear it first from folks like me and then we will be able to look at it…That’s my opinion.
1-4-2025 Intel Guru Bruce [via WiserNow] Iraq has...brought a new in country rate...We heard about this New Year's Day...in Iraq, they're removing...the higher denominations, the 25k dinar notes, the 10k, the 5k, the 1k...the high three zero dinar notes... Now those are notes that we have that we're going to be able to exchange at a very high rate, very high...We're getting huge rates on the dinar that we have...but in Iraq they're... exchanging those with 25 dinar, 10 dinar, 5 dinar, 1 dinar, in other words, without the three zeros...lower denominations...they're making those announcements on television in Iraq...We look like we could get started... They're calling it the weekend ...as late as Sunday, we should be getting our notifications...and we should be able to get started with our exchanges.
1-4-2025 Intel Guru MarkZ [via PDK] ...according to articles...the numbers easily support a rate of $3.50 to $4.00...
1-4-2025 Newshound Guru Samson Article "Oil Price Global Oil Website: Trump Will Impose Sanctions on Iraq"
1-4-2024 Newshound Guru Militia Man They say today the exchange rate is 1320 dinar for every dollar. That is the true exchange rate however that will change to an international acceptable exchange rate when the Central Bank applies the new exchange rate to be on international Forex markets. They're preparing for that to happen before our eyes with the [new] reinforcement mechanism...They have switched from the old dollar auction system...[Dinar Guru Note: You can always see the official CBI dinar exchange rate in the left column of this page.]
1-4-2025 Newshound Guru Clare Article: "Iraq surpasses Saudi Arabia in oil exports to America" Quote: "The US Energy Information Administration announced on Saturday that Iraq surpassed Saudi Arabia in oil exports to the United States during the past week."
1-4-2025 Intel Guru Frank26 The fact they are about to [or have] stop [stopped] the auctions means it has to be replaced with a new exchange rate to add value to your currency. If all of these things are true from Sudani...then another thing is true IMO, the lower notes they're going to give you are now in position, ready, loaded to go, ready to be given to [the Iraqi citizens].
1-4-2025 Intel Guru MarkZ [via PDK] In Iraq-It appears the final step in de-dollarization is happening...that is what I was told…although my one contact told me to not worry and this is de-dollarization before the change…but, The central Bank of Iraq is claiming they sold one billion in 4 days. They keep saying auctions have stopped but we are seeing evidence they are still moving foreign currency. We are not sure what is going on – but we are watching it. Things are quite confusing.
1-4-2025 Newshound Guru Samson Article: "Central Bank: Work on the electronic platform has stopped"
1-4-2025 Newshound Guru Jeff One of the things the central bank is stating they're going to do is...end that old electronic transfer system that exclusively works with the dollar and transition to a different type of banking system where the local Iraqi banks can start...doing their own sending of foreign currencies and no longer just the dollar, multiple different foreign currencies abroad. It's called Direct Banking...But to do that the US sanctions need to be lifted off of Iraq. That's why this whole time they've only been able to exclusively work with the US dollar.
1-4-2024 Newshound Guru Militia Man There's a difference between the dollar auctions and the reinforcement mechanism that they use today. Militia Man and crew have been quite clear that there's going to be a change - The dollar auctions are going to stop and there's something different. [We] have been spot on about the fact that the dollar auctions are going to go away and they have...
1-4-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is doing 11-page document, we've seen it before but they're reshowing it to us. It's instructions to all the new money exchange centers that have been opened up on what they can accept and how much to give on damaged notes being returned by citizens. It's like they are telling exchangers a lot of the 3-zero notes are about to be returned. FRANK: That's exactly what they're doing. Like I told you, these banks would be very essential...Collecting the 3-zero notes is going to be massive...
1-4-2025 Intel Guru MarkZ [via PDK] Question: Where will the new rate show first? MarkZ: If it follows in Kuwaits footsteps – it will quietly be released. Maybe people will do some exchanging and then it will show publicly on forex. But, In today’s world and the speed of the internet - my guess is we will all see it at the same time …You guys will probably hear it first from folks like me and then we will be able to look at it…That’s my opinion.
1-4-2025 Intel Guru Bruce [via WiserNow] Iraq has...brought a new in country rate...We heard about this New Year's Day...in Iraq, they're removing...the higher denominations, the 25k dinar notes, the 10k, the 5k, the 1k...the high three zero dinar notes... Now those are notes that we have that we're going to be able to exchange at a very high rate, very high...We're getting huge rates on the dinar that we have...but in Iraq they're... exchanging those with 25 dinar, 10 dinar, 5 dinar, 1 dinar, in other words, without the three zeros...lower denominations...they're making those announcements on television in Iraq...We look like we could get started... They're calling it the weekend ...as late as Sunday, we should be getting our notifications...and we should be able to get started with our exchanges.
1-3-2025 Intel Guru Frank26 Question: "How many major banks are there participating in the exchange?" I don't know that yet. But I believe that every major bank will be involved.
1-3-2025 Newshound Guru Clare Article: "After the electronic platform stopped...Answering questions from Iraqi circles about the new dollar mechanism" Quote: "Deputy The Governor of the Central Bank, Ammar Khalaf, said yesterday that the mechanism of work on the electronic platform related to foreign transfers has stopped working, but financing foreign trade continues through correspondent banks according to different mechanisms that are parallel to what is in effect in countries around the world."
1-3-2025 Newshound Guru Jeff They're implementing their banking reforms. You have no idea how close you are to this rate change. This is Iraq implementing their banking reform right in front of us. The electronic platform for selling dollars has been suspended. That means the currency auctions have ended...That's a critical piece to this. That's the banking reform getting implemented. That's Iraq preparing to revalue their currency. That makes this month of January extremely critical regarding our investment and the revaluation of Iraq's currency.
1-3-2025 Intel Guru Bruce [via WiserNow] ...we were supposed to get notified day after New Year's...Well we had a couple things that happened behind scenes...And now everything is moving forward at the regular pace.
1-3-2025 Newshound Guru Militia Man Iraq doesn't have coins today. They haven't had them for 20 something years. Now all of a sudden they have a commemorative [tourist] coin and they talk about currency...a special stamp...it's a special occasion.
1-3-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television again says Iraq has ended the dollar auctions but we knew this yesterday but I guess it's important. FRANK: ...Every day until the 7th IMO is going to be very exciting with a lot of information...
1-3-2025 Newshound Guru Sandy Ingram Vietnam is set for some big-time growth. It's all thanks to a cool strategy shift. They're moving away from relying only on selling stuff to other countries and focusing more on what's happening within their own borders...Vietnam's future is looking bright.
1-3-2025 Newshound/Intel Guru Fnu Lnu People ask me, Fnu, is the currency window in Iraq closed or not? Some people are claiming it is not closed. I answered, Yes, the Central Bank of Iraq has ceased the dollar auctions. According to Ammar Khalaf, the deputy governor of the Central Bank of Iraq, the dollar auction system, officially known as the Foreign Currency Sale Window and Electronic Platform, will be permanently shut down by the end of 2024. Khalaf confirmed that the decision is final and that the vast majority of traders have already adapted to the new system, which no longer provides direct dollar access from the central bank. So wonder no more!
1-3-2025 Intel Guru MarkZ [via PDK] ...My best contact who I trust due to the position he holds in Iraq…says de-dollarization is under full steam and they expect a new rate within a week or so.
1-3-2025 Newshound Guru Clare Question: "I thought the CBI used the electronic transfer system to send USD abroad for the daily currency auctions, yesterday's news stated they stopped the electronic transfer system. How could they have officially stopped it yesterday, when they sold 283 million USD ABROAD in today's auction?" [That] IS NOT A FOREIGN CURRENCY AUCTION. IT IS A REPORT ON THE NEW SYSTEM - "Foreign exchange window results"
1-3-2025 Newshound Guru Jeff [Response to Militia Man 1-3-2025 Post below] They had a currency auction today. Total sales [abroad] $283 million, 7 banks participated...Nothing has changed...The Central Bank is still having currency auctions...
1-3-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is now showing comprehensive approach on how to trade the Iraqi dinar on Forex. They got some guy going over documents, page after page, on how us Iraqi citizens can invest in Forex. FRANK: This gentleman is teaching you Iraqi citizens how to invest in the Iraqi stock market because you are soon to have purchasing power to do so. They have never taught you this before because you didn't have the purchasing power to do so...
1-3-2025 Newshound Guru Militia Man Iraq has done what they said they were going to do all along. The Central bank implemented a new electronic system so that the central bank would be out of the dollar auction...They now use the correspondent banks to facilitate internal and external trade... The central bank will no longer deal with retail...We can see January 2nd...there's not transfer abroad.
1-3-2025 Intel Guru MarkZ [via PDK] Comment: Months ago, I said this was not gonna happen until after Trump sworn in. MarkZ: ... I am not hearing that from Iraqi contacts…they believe things will be in place before Trump… there is one however who thinks they are holding the trigger until after the congressional confirmation on Jan. 6th. That contact is plugged in with the US embassy.
1-3-2025 Newshound/Intel Guru Mnt Goat Article: “STARTING TO IMPLEMENT ASYCUDA GLOBAL SYSTEM FOR AUTOMATING CUSTOMS OPERATIONS” in this article they are telling us the system will start on Jan 1st 2025. How could this be without the IQD on FOREX for a reference rate? I believe that this ASYCUDA system will NOT yet be online since the IQD is not yet on FOREX. ...it will need the IQD on FOREX to properly conduct the customs collection service through ASYCUDA...my analytical thinking mind tells me something was held up again. It sounds too fishy to have multiple events being targeted around the same period (beginning of Jan 2025), and all of them relying on the IQD getting to FOREX. Do you see it too? Come on folks this is exciting not a disappointment!
1-3-2025 Newshound Guru Clare Article: "After the electronic platform stopped...Answering questions from Iraqi circles about the new dollar mechanism" Quote: "Deputy The Governor of the Central Bank, Ammar Khalaf, said yesterday that the mechanism of work on the electronic platform related to foreign transfers has stopped working, but financing foreign trade continues through correspondent banks according to different mechanisms that are parallel to what is in effect in countries around the world."
1-3-2025 Newshound Guru Jeff They're implementing their banking reforms. You have no idea how close you are to this rate change. This is Iraq implementing their banking reform right in front of us. The electronic platform for selling dollars has been suspended. That means the currency auctions have ended...That's a critical piece to this. That's the banking reform getting implemented. That's Iraq preparing to revalue their currency. That makes this month of January extremely critical regarding our investment and the revaluation of Iraq's currency.
1-3-2025 Intel Guru Bruce [via WiserNow] ...we were supposed to get notified day after New Year's...Well we had a couple things that happened behind scenes...And now everything is moving forward at the regular pace.
1-3-2025 Newshound Guru Militia Man Iraq doesn't have coins today. They haven't had them for 20 something years. Now all of a sudden they have a commemorative [tourist] coin and they talk about currency...a special stamp...it's a special occasion.
1-3-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television again says Iraq has ended the dollar auctions but we knew this yesterday but I guess it's important. FRANK: ...Every day until the 7th IMO is going to be very exciting with a lot of information...
1-3-2025 Newshound Guru Sandy Ingram Vietnam is set for some big-time growth. It's all thanks to a cool strategy shift. They're moving away from relying only on selling stuff to other countries and focusing more on what's happening within their own borders...Vietnam's future is looking bright.
1-3-2025 Newshound/Intel Guru Fnu Lnu People ask me, Fnu, is the currency window in Iraq closed or not? Some people are claiming it is not closed. I answered, Yes, the Central Bank of Iraq has ceased the dollar auctions. According to Ammar Khalaf, the deputy governor of the Central Bank of Iraq, the dollar auction system, officially known as the Foreign Currency Sale Window and Electronic Platform, will be permanently shut down by the end of 2024. Khalaf confirmed that the decision is final and that the vast majority of traders have already adapted to the new system, which no longer provides direct dollar access from the central bank. So wonder no more!
1-3-2025 Intel Guru MarkZ [via PDK] ...My best contact who I trust due to the position he holds in Iraq…says de-dollarization is under full steam and they expect a new rate within a week or so.
1-3-2025 Newshound Guru Clare Question: "I thought the CBI used the electronic transfer system to send USD abroad for the daily currency auctions, yesterday's news stated they stopped the electronic transfer system. How could they have officially stopped it yesterday, when they sold 283 million USD ABROAD in today's auction?" [That] IS NOT A FOREIGN CURRENCY AUCTION. IT IS A REPORT ON THE NEW SYSTEM - "Foreign exchange window results"
1-3-2025 Newshound Guru Jeff [Response to Militia Man 1-3-2025 Post below] They had a currency auction today. Total sales [abroad] $283 million, 7 banks participated...Nothing has changed...The Central Bank is still having currency auctions...
1-3-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is now showing comprehensive approach on how to trade the Iraqi dinar on Forex. They got some guy going over documents, page after page, on how us Iraqi citizens can invest in Forex. FRANK: This gentleman is teaching you Iraqi citizens how to invest in the Iraqi stock market because you are soon to have purchasing power to do so. They have never taught you this before because you didn't have the purchasing power to do so...
1-3-2025 Newshound Guru Militia Man Iraq has done what they said they were going to do all along. The Central bank implemented a new electronic system so that the central bank would be out of the dollar auction...They now use the correspondent banks to facilitate internal and external trade... The central bank will no longer deal with retail...We can see January 2nd...there's not transfer abroad.
1-3-2025 Intel Guru MarkZ [via PDK] Comment: Months ago, I said this was not gonna happen until after Trump sworn in. MarkZ: ... I am not hearing that from Iraqi contacts…they believe things will be in place before Trump… there is one however who thinks they are holding the trigger until after the congressional confirmation on Jan. 6th. That contact is plugged in with the US embassy.
1-3-2025 Newshound/Intel Guru Mnt Goat Article: “STARTING TO IMPLEMENT ASYCUDA GLOBAL SYSTEM FOR AUTOMATING CUSTOMS OPERATIONS” in this article they are telling us the system will start on Jan 1st 2025. How could this be without the IQD on FOREX for a reference rate? I believe that this ASYCUDA system will NOT yet be online since the IQD is not yet on FOREX. ...it will need the IQD on FOREX to properly conduct the customs collection service through ASYCUDA...my analytical thinking mind tells me something was held up again. It sounds too fishy to have multiple events being targeted around the same period (beginning of Jan 2025), and all of them relying on the IQD getting to FOREX. Do you see it too? Come on folks this is exciting not a disappointment!
1-2-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh came out...and said the rise of the dollar will only be a bubble in the market for a temporary period. He doesn't want us to worry about it. He said it will not affect what is going to be given to us...Mr Sammy told me, wait and see what Alaq says. He and the CBI control the rate not the parliament finance committee.
1-2-2025 Newshound Guru Militia Man To me it looks like the ball is in the central bank's court at this time. Iraq has to have have some secrecy because it's so highly sensitive. It's going to have shocks. It's going to have an impact.
1-2-2025 Intel Guru MarkZ [via PDK] I love this one: “Iraq ranks first in the world in the concentration of natural resources” Iraq has the highest per kilometer of natural resources in the entire world –oil, gas, precious metals, minerals, gold and rare earth minerals…and more. Trust me they have value to support a higher currency.
1-2-2025 Newshound Guru Clare Article: "Iraq establishes 'investment portfolio' to support stability of national currency" Quote: "The economic advisor to the Prime Minister, Mazhar Muhammad Salih, revealed Iraq’s first step after extinguishing its foreign debts towards establishing an investment portfolio to support the stability of the national currency...These assets that support the stability of the balance of payments and the national currency {i.e. foreign reserves} are one of the aspects of the sovereign funds called {quasi-sovereign wealth fund}."
1-2-2025 Newshound Guru Jeff We need to wait and see if they continue to have currency auctions. That's an important piece...Today's news suggests the currency auctions have officially ended...If the currency auctions have ended you are extremely close to the rate change...This means you're extremely close to the rate change, like say hello to January. In other words keep your freaking eyes on January...
1-2-2025 Newshound/Intel Guru Mnt Goat ...They told us so many times already they needed SECURITY and STABILITY to begin the Project to Delete the Zeros. Well…now they have it and so will they begin the project now? My CBI contact has told me on my call to Iraq yesterday 01/01 that the CBI is planning to conduct the project very soon...VERY soon...
1-2-2025 Newshound Guru Kaperoni Article: "The Central Bank announces the suspension of the electronic platform mechanisms related to selling the dollar"
1-2-2025 Intel Guru Frank26 The auctions came to an end... Article 1: "Central Bank announces major achievement in foreign transfers" Article 2: "The Central Bank announces the suspension of the electronic platform mechanisms related to selling the dollar" FOREIGN CURRENCY AUCTIONS ENDING ALL OVER IRAQ'S NEWS! ...IT WILL HAVE A BULLSEYE EFFECT ON THE EXCHANGE RATE... BECAUSE THE GOAL IS TO GIVE THE IRAQI CITIZENS PURCHASING POWER!
1-2-2025 Newshound Guru Pimpy Iraq has taken all the necessary steps to get the Iraqi dinar back on track. I understand it's taking a long long time and I'm sure you feel anxious about this because of all these people blowing smoke up your ass and getting you hyped up on hopium. Relax. It's going to happen I really believe that it's going to happen...
1-2-2025 Intel Guru MarkZ [via PDK] Things are still looking good. I am definitely hearing...conversations in Iraq about “small notes” (lower denominations) ...they would not be talking about this in Iraq if the dinar were not about to have a higher value.
1-2-2025 Newshound Guru Militia Man Article Quote: "The regional and global integration has begun to take shape." ...It's pretty big you guys. This is all in real time and we're watching it. We've been talking about it for a long time and now we're seeing the fruits of their labor. They're offering to the world that they're going to showcase a commemorative coin, currency, stamps. Why? Are they changing currencies? They talk about metals. If they don't have metals why would you be talking about that? Because there's going to be something that's happening...to use them. They need to raise the value of their currency. It's obvious to everybody. It should be by now at least.
1-2-2025 Newshound Guru Clare Article: "The Central Bank announces the suspension of the electronic platform mechanisms related to selling the dollar" Quote: "The Central Bank of Iraq announced, today, Wednesday, January 1, 2025, the suspension of work on the electronic platform mechanisms related to selling the dollar."
1-2-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
They're giving us instructions now on TV and standards. They call it for the circulation and exchange of bank notes. They tell us this mechanism is a unification...These are instructions on how to bring in our 3-zero notes... They just told us this mechanism will include a form of counting and sorting currency. They say this will be implemented 2nd of January. FRANK: This is great news.
1-2-2025 Newshound Guru Jeff They put two different articles... states two different things...They said they were going end the use of the dollar and the currency auctions by January 2nd. I don't think that information is credible because the second article stated going into early 2025 is when they would be suspending use of the dollar/currency auctions. That makes more sense because the daily currency auctions are a tool used by the central bank to stabilize the daily market value of the dinar...They'll more realistically stop somewhere in early 2025...
1-2-2025 Intel Guru MarkZ [via PDK] Question: What’s the latest rates you have heard on dinar and dong Mark? MarkZ: the latest I have heard is about $3.90 street rate on the dinar. Dong we have heard everything from .47 cents to almost $4.00… Most of my sources are still telling me to expect it in the $2 dollar range.
1-2-2025 Newshound/Intel Guru Mnt Goat ...my CBI contact...told me that the next in-country rate change of the dinar is coming and sooner than we might think.
Saleh came out...and said the rise of the dollar will only be a bubble in the market for a temporary period. He doesn't want us to worry about it. He said it will not affect what is going to be given to us...Mr Sammy told me, wait and see what Alaq says. He and the CBI control the rate not the parliament finance committee.
1-2-2025 Newshound Guru Militia Man To me it looks like the ball is in the central bank's court at this time. Iraq has to have have some secrecy because it's so highly sensitive. It's going to have shocks. It's going to have an impact.
1-2-2025 Intel Guru MarkZ [via PDK] I love this one: “Iraq ranks first in the world in the concentration of natural resources” Iraq has the highest per kilometer of natural resources in the entire world –oil, gas, precious metals, minerals, gold and rare earth minerals…and more. Trust me they have value to support a higher currency.
1-2-2025 Newshound Guru Clare Article: "Iraq establishes 'investment portfolio' to support stability of national currency" Quote: "The economic advisor to the Prime Minister, Mazhar Muhammad Salih, revealed Iraq’s first step after extinguishing its foreign debts towards establishing an investment portfolio to support the stability of the national currency...These assets that support the stability of the balance of payments and the national currency {i.e. foreign reserves} are one of the aspects of the sovereign funds called {quasi-sovereign wealth fund}."
1-2-2025 Newshound Guru Jeff We need to wait and see if they continue to have currency auctions. That's an important piece...Today's news suggests the currency auctions have officially ended...If the currency auctions have ended you are extremely close to the rate change...This means you're extremely close to the rate change, like say hello to January. In other words keep your freaking eyes on January...
1-2-2025 Newshound/Intel Guru Mnt Goat ...They told us so many times already they needed SECURITY and STABILITY to begin the Project to Delete the Zeros. Well…now they have it and so will they begin the project now? My CBI contact has told me on my call to Iraq yesterday 01/01 that the CBI is planning to conduct the project very soon...VERY soon...
1-2-2025 Newshound Guru Kaperoni Article: "The Central Bank announces the suspension of the electronic platform mechanisms related to selling the dollar"
1-2-2025 Intel Guru Frank26 The auctions came to an end... Article 1: "Central Bank announces major achievement in foreign transfers" Article 2: "The Central Bank announces the suspension of the electronic platform mechanisms related to selling the dollar" FOREIGN CURRENCY AUCTIONS ENDING ALL OVER IRAQ'S NEWS! ...IT WILL HAVE A BULLSEYE EFFECT ON THE EXCHANGE RATE... BECAUSE THE GOAL IS TO GIVE THE IRAQI CITIZENS PURCHASING POWER!
1-2-2025 Newshound Guru Pimpy Iraq has taken all the necessary steps to get the Iraqi dinar back on track. I understand it's taking a long long time and I'm sure you feel anxious about this because of all these people blowing smoke up your ass and getting you hyped up on hopium. Relax. It's going to happen I really believe that it's going to happen...
1-2-2025 Intel Guru MarkZ [via PDK] Things are still looking good. I am definitely hearing...conversations in Iraq about “small notes” (lower denominations) ...they would not be talking about this in Iraq if the dinar were not about to have a higher value.
1-2-2025 Newshound Guru Militia Man Article Quote: "The regional and global integration has begun to take shape." ...It's pretty big you guys. This is all in real time and we're watching it. We've been talking about it for a long time and now we're seeing the fruits of their labor. They're offering to the world that they're going to showcase a commemorative coin, currency, stamps. Why? Are they changing currencies? They talk about metals. If they don't have metals why would you be talking about that? Because there's going to be something that's happening...to use them. They need to raise the value of their currency. It's obvious to everybody. It should be by now at least.
1-2-2025 Newshound Guru Clare Article: "The Central Bank announces the suspension of the electronic platform mechanisms related to selling the dollar" Quote: "The Central Bank of Iraq announced, today, Wednesday, January 1, 2025, the suspension of work on the electronic platform mechanisms related to selling the dollar."
1-2-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
They're giving us instructions now on TV and standards. They call it for the circulation and exchange of bank notes. They tell us this mechanism is a unification...These are instructions on how to bring in our 3-zero notes... They just told us this mechanism will include a form of counting and sorting currency. They say this will be implemented 2nd of January. FRANK: This is great news.
1-2-2025 Newshound Guru Jeff They put two different articles... states two different things...They said they were going end the use of the dollar and the currency auctions by January 2nd. I don't think that information is credible because the second article stated going into early 2025 is when they would be suspending use of the dollar/currency auctions. That makes more sense because the daily currency auctions are a tool used by the central bank to stabilize the daily market value of the dinar...They'll more realistically stop somewhere in early 2025...
1-2-2025 Intel Guru MarkZ [via PDK] Question: What’s the latest rates you have heard on dinar and dong Mark? MarkZ: the latest I have heard is about $3.90 street rate on the dinar. Dong we have heard everything from .47 cents to almost $4.00… Most of my sources are still telling me to expect it in the $2 dollar range.
1-2-2025 Newshound/Intel Guru Mnt Goat ...my CBI contact...told me that the next in-country rate change of the dinar is coming and sooner than we might think.
1-1-2025 Intel Guru Frank26 Question: "Do you think the release has anything to do with who's in the White House?" Hell yes.
1-1-2024 Intel Guru Bruce [via WiserNow] we're in a really good place right now...it's quite conceivable that we will have a true celebration...on Thursday... That's Thursday, January 2...We know that the staff, the leadership and the staff of the redemption centers are going in Thursday...the second to be ready for us...if the information we're getting is coming through for us, every reason to believe we are going to get this...by Thursday...
1-1-2025 Intel Guru MarkZ [via PDK] “The CBI announces the official closing of the dollar selling window” Auctions are done and closed and they have announced the transition to the new process. There was no auction today.
1-1-2025 Newshound Guru Militia Man They're putting the parallel market to rest. That's probably what's going to happen. Would there be some sort of one in the future? Could be, but we're going to find out.
1-1-2025 Newshound Guru Jeff Article: "With the beginning of the new year, the US dollar enters a new phase in Iraq" They're trying to tell you here is the currency auctions and the use of the electronic platform will continue at least into sometime early 2025...Again the currency auctions are not ending by the end of 2024. They're not ending by January 2nd. The currency auctions will continue into early 2025...As of January 7th they have a scheduled execution date for remittance auction...
1-1-2025 Newshound/Intel Guru Fnu Lnu [Reply to Guru Bruce 12-31-2024 post below] Here we have a complete lack of understanding of the "Dinar for Oil" program. First: There are NO redemption centers and NO contract rates. You must hold a private sales contract which is pre October 2011. All contracts were suspended by court ordered injunction in late October, 2011. Secondly: There will be DeLarue machines at the off premises / satellite bank offices. They will not offer you a contract rate A) Because you don't have a contract and B) because the price of an Iraqi barrel of oil as of November 2024 is $80.50. If you think you'll get $80.50 per dinar I have a mountain chalet in Miami I'll sell you real cheap...
1-1-2025 Intel Guru MarkZ [via PDK] A number of people have checked in and they are very excited about the education and conversations in Iraq. The talk has been overwhelming about small notes…or lower denominations…this is from government and banking employees throughout Iraq. Why do they need smaller notes?
1-1-2025 Intel Guru Frank26 Question: "Does the rate have to be posted on Forex for it to be official?" No because Forex is secondary...The number one place that it will be at long before anybody is the CBI. [Dinar Guru Note: You can always see the official CBI dinar rate in the left column of this page.]
1-1-2025 Newshound Guru Clare Article: "What will happen on Sunday? Goodbye dollar auction.. Central Bank announces the end of 20 years of billions and suspicions" Quote: "The matter has been settled.. Iraq will no longer offer its precious dollars in the controversial dollar auction, or what was called the foreign currency sales window and the electronic platform. After 20 years since the start of this procedure, Ammar Khalaf, Deputy Governor of the Central Bank, confirmed in a statement to the 964 Network that the dollar platform has become closed in compliance with the date set by the governor to close it at the end of 2024."
1-1-2025 Newshound Guru Militia Man Article: "Parliamentary Finance Committee demands clear guarantees to resume oil exports from the region" That would likely be an exchange rate for determination of the precise clarifications and guarantees. It looks to be a timing thing now for Iraq to expose a new exchange rate...
1-1-2024 Intel Guru MarkZ [via PDK] Question: When the auctions end-then we get a new rate? MarkZ: They are supposed to…it may take a few days without the new rate so they can let things stabalize…but then BAM…we get a REER (Real Effective Exchange Rate). At least that is what they have been telling us from Iraq.
1-1-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television says the matter has been resolved, there is no money dollar currency auctions platform anymore after 20 years. FRANK: No wonder they're showing you the old lower notes. FIREFLY. This is from the CBI spokesman. FRANK: This is an official source then. They're over.
1-1-2025 Intel Guru Wolverine [via Judy Byington] ...get prepared everyone because this time it’s coming...All protocols have(allegedly) been met and everything is ready to go...I’ve had many on a conference call and they all said that we are about to go anytime right now and many are pointing to the 1st and 2nd of January 2025...
1-1-2024 Intel Guru Bruce [via WiserNow] we're in a really good place right now...it's quite conceivable that we will have a true celebration...on Thursday... That's Thursday, January 2...We know that the staff, the leadership and the staff of the redemption centers are going in Thursday...the second to be ready for us...if the information we're getting is coming through for us, every reason to believe we are going to get this...by Thursday...
1-1-2025 Intel Guru MarkZ [via PDK] “The CBI announces the official closing of the dollar selling window” Auctions are done and closed and they have announced the transition to the new process. There was no auction today.
1-1-2025 Newshound Guru Militia Man They're putting the parallel market to rest. That's probably what's going to happen. Would there be some sort of one in the future? Could be, but we're going to find out.
1-1-2025 Newshound Guru Jeff Article: "With the beginning of the new year, the US dollar enters a new phase in Iraq" They're trying to tell you here is the currency auctions and the use of the electronic platform will continue at least into sometime early 2025...Again the currency auctions are not ending by the end of 2024. They're not ending by January 2nd. The currency auctions will continue into early 2025...As of January 7th they have a scheduled execution date for remittance auction...
1-1-2025 Newshound/Intel Guru Fnu Lnu [Reply to Guru Bruce 12-31-2024 post below] Here we have a complete lack of understanding of the "Dinar for Oil" program. First: There are NO redemption centers and NO contract rates. You must hold a private sales contract which is pre October 2011. All contracts were suspended by court ordered injunction in late October, 2011. Secondly: There will be DeLarue machines at the off premises / satellite bank offices. They will not offer you a contract rate A) Because you don't have a contract and B) because the price of an Iraqi barrel of oil as of November 2024 is $80.50. If you think you'll get $80.50 per dinar I have a mountain chalet in Miami I'll sell you real cheap...
1-1-2025 Intel Guru MarkZ [via PDK] A number of people have checked in and they are very excited about the education and conversations in Iraq. The talk has been overwhelming about small notes…or lower denominations…this is from government and banking employees throughout Iraq. Why do they need smaller notes?
1-1-2025 Intel Guru Frank26 Question: "Does the rate have to be posted on Forex for it to be official?" No because Forex is secondary...The number one place that it will be at long before anybody is the CBI. [Dinar Guru Note: You can always see the official CBI dinar rate in the left column of this page.]
1-1-2025 Newshound Guru Clare Article: "What will happen on Sunday? Goodbye dollar auction.. Central Bank announces the end of 20 years of billions and suspicions" Quote: "The matter has been settled.. Iraq will no longer offer its precious dollars in the controversial dollar auction, or what was called the foreign currency sales window and the electronic platform. After 20 years since the start of this procedure, Ammar Khalaf, Deputy Governor of the Central Bank, confirmed in a statement to the 964 Network that the dollar platform has become closed in compliance with the date set by the governor to close it at the end of 2024."
1-1-2025 Newshound Guru Militia Man Article: "Parliamentary Finance Committee demands clear guarantees to resume oil exports from the region" That would likely be an exchange rate for determination of the precise clarifications and guarantees. It looks to be a timing thing now for Iraq to expose a new exchange rate...
1-1-2024 Intel Guru MarkZ [via PDK] Question: When the auctions end-then we get a new rate? MarkZ: They are supposed to…it may take a few days without the new rate so they can let things stabalize…but then BAM…we get a REER (Real Effective Exchange Rate). At least that is what they have been telling us from Iraq.
1-1-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television says the matter has been resolved, there is no money dollar currency auctions platform anymore after 20 years. FRANK: No wonder they're showing you the old lower notes. FIREFLY. This is from the CBI spokesman. FRANK: This is an official source then. They're over.
1-1-2025 Intel Guru Wolverine [via Judy Byington] ...get prepared everyone because this time it’s coming...All protocols have(allegedly) been met and everything is ready to go...I’ve had many on a conference call and they all said that we are about to go anytime right now and many are pointing to the 1st and 2nd of January 2025...
12-31-2024 Intel Guru Frank26 [Speaking to Iraq boots on the ground Firefly] [Iraq] is international. So is your currency. So is your banking structure. Your new exchange rate will be the cherry on top of everything that Sudani has accomplished for you citizens. It will bring you purchasing power...security and stability from the enemy that stole your money all these years and it will be a very strong relationship with the United States of America...
12-31-2024 Newshound Guru Militia Man They're talking about the issuance of money and aren't we waiting for a new exchange rate? Yes we are. I think that's the whole premise here. They're getting rid of the dollar auction. Now it's called the currency window...No wonder these guys in the street are nervous.
12-31-2024 Newshound Guru Kaperoni About 5 months ago, the Central Bank of Iraq discussed ending the currency auctions as we know them. This is a significant step, and several additional steps have also been made to move the banking system forward. 2025 things are changing!
12-31-2024 Intel Guru MarkZ [via PDK] There was a lot of news out of Iraq overnight …20 or so stories at least on ending the year…starting the new year…and the platforms. My take away is they are going to need the new value because of the new system. They have created this new system and now is the time to breathe life into it. In the coming days without auctions they are going to start operating like any other country with a standardized banking system. This is part of their “White Paper” reforms. We are about to see a huge step for Iraq.
12-31-2024 Intel Guru Frank26 They are using the old lower notes to introduce the new lower notes to you Iraqi citizens...
12-31-2024 Newshound Guru Jeff This news about Iraq to end the dollar currency auction by the start of 2025 probably is not credible accurate news. We won't know till until January 2nd if they do or don't stop the currency auction. We'll have to wait until January 2nd to see the credibility of this news.
12-31-2024 Newshound Guru Clare Article Quote: "The date for closing the platform is fixed, it will not change and will not be extended. The banks have been preparing since the beginning of this year when Governor Ali Al-Alaq announced his intention to close the platform." THEY HAVE A FIXED DATE ACCORDING TO THE ARTICLE.... SALEH SAID starting Jan. 2, 2025, the Central Bank of Iraq will no longer directly sell foreign currency. IMO THIS IS THE LAST FOREIGN CURRENCY AUCTION.
12-31-2024 Newshound Guru Militia Man There isn't a reason for mentioning the minting [metal coins] if there's not going to be an exchange rate change in the very near future...The country has not used metal coins for about 20 plus years. They took metal coins out of circulation back in 2003/2004 ...If they're not going to be minting new coins or possibly have done so, there would be no need to have a focus or even a mention of it at this point in time today. Metal and coins would not be needed...If they're not going to change the value of the currency they probably didn't have a need to focus in on it...
12-31-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Alaq is talking about a big party they're having right now at the CBI for all the CBI employees who have worked so hard on the process and on the development of a new currency. They are celebrating along with the US Treasury delegation here on a visit. FRANK: I will admit that's pretty cool. It's also a telltale sign. That's why the US Treasury is there.
12-31-2024 Intel Guru Bruce [via WiserNow] ...the redemption centers will...have a Delarue machine to count and verify your currency...They'll offer you a contract rate, which is the per barrel price of oil that Iraq is selling their oil for...Let's have a...really beautiful, safe New Year's Eve.
12-31-2024 Intel Guru MarkZ [via PDK] Question: So did auctions stop at the CBI? MarkZ: They are getting ready to move auctions from the CBI to the banks…We are very close. Article: “Iraq to end currency auctions by start of 2025” over the next few days we are going to see so many changes…buckle up.
12-31-2024 Newshound Guru Militia Man They're talking about the issuance of money and aren't we waiting for a new exchange rate? Yes we are. I think that's the whole premise here. They're getting rid of the dollar auction. Now it's called the currency window...No wonder these guys in the street are nervous.
12-31-2024 Newshound Guru Kaperoni About 5 months ago, the Central Bank of Iraq discussed ending the currency auctions as we know them. This is a significant step, and several additional steps have also been made to move the banking system forward. 2025 things are changing!
12-31-2024 Intel Guru MarkZ [via PDK] There was a lot of news out of Iraq overnight …20 or so stories at least on ending the year…starting the new year…and the platforms. My take away is they are going to need the new value because of the new system. They have created this new system and now is the time to breathe life into it. In the coming days without auctions they are going to start operating like any other country with a standardized banking system. This is part of their “White Paper” reforms. We are about to see a huge step for Iraq.
12-31-2024 Intel Guru Frank26 They are using the old lower notes to introduce the new lower notes to you Iraqi citizens...
12-31-2024 Newshound Guru Jeff This news about Iraq to end the dollar currency auction by the start of 2025 probably is not credible accurate news. We won't know till until January 2nd if they do or don't stop the currency auction. We'll have to wait until January 2nd to see the credibility of this news.
12-31-2024 Newshound Guru Clare Article Quote: "The date for closing the platform is fixed, it will not change and will not be extended. The banks have been preparing since the beginning of this year when Governor Ali Al-Alaq announced his intention to close the platform." THEY HAVE A FIXED DATE ACCORDING TO THE ARTICLE.... SALEH SAID starting Jan. 2, 2025, the Central Bank of Iraq will no longer directly sell foreign currency. IMO THIS IS THE LAST FOREIGN CURRENCY AUCTION.
12-31-2024 Newshound Guru Militia Man There isn't a reason for mentioning the minting [metal coins] if there's not going to be an exchange rate change in the very near future...The country has not used metal coins for about 20 plus years. They took metal coins out of circulation back in 2003/2004 ...If they're not going to be minting new coins or possibly have done so, there would be no need to have a focus or even a mention of it at this point in time today. Metal and coins would not be needed...If they're not going to change the value of the currency they probably didn't have a need to focus in on it...
12-31-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Alaq is talking about a big party they're having right now at the CBI for all the CBI employees who have worked so hard on the process and on the development of a new currency. They are celebrating along with the US Treasury delegation here on a visit. FRANK: I will admit that's pretty cool. It's also a telltale sign. That's why the US Treasury is there.
12-31-2024 Intel Guru Bruce [via WiserNow] ...the redemption centers will...have a Delarue machine to count and verify your currency...They'll offer you a contract rate, which is the per barrel price of oil that Iraq is selling their oil for...Let's have a...really beautiful, safe New Year's Eve.
12-31-2024 Intel Guru MarkZ [via PDK] Question: So did auctions stop at the CBI? MarkZ: They are getting ready to move auctions from the CBI to the banks…We are very close. Article: “Iraq to end currency auctions by start of 2025” over the next few days we are going to see so many changes…buckle up.
12-30-2024 Intel Guru Frank26 We suggested to you the CBI was going to be showing the Iraqi citizens the lower notes...They are showing the citizens of Iraq a 1 lower note from the 1940's. Why would you do that? Because they want to show the example of what was, gapped by decades of 3 zero notes that are worthless, will now become again. What once was, currency with value in their country, that was gap between decades of stealing by parliament, is now going to be again.
12-30-2024 Intel Guru MarkZ [via PDK] from the Central Bank of Iraq today…has us excited. I think it tells us a lot about timing. Article: “In continuation of circular #3449 dated 1-15-2024 regarding the unification and updating of controls and instructions related to the standards for circulation and replacement of bank notes. We attach to you the principal standards and instructions for that will be adopted in the counting, sorting, receipt and delivery of bank notes. To be implemented starting from 1-2-2025 with appreciation That is supposed to continue and be completed 1-15-2024 (2025?)" they are saying they will be issuing the instructions related to the standards of circulation and the replacement of banknotes…which has folks excited.
12-30-2024 Newshound Guru Militia Man It appears they're gearing for a change and that change is coming...The exchange rate could come when Alaq is ready to tell us and the world. If that 'mechanism' has to deal with an exchange rate, they're talking about that today. That's fascinating...
12-30-2024 Newshound Guru Pimpy Movie Quote: "Dude if you buy $100,000 worth of dinar and it goes to the value of the Kuwait dollar you're looking at $300 million..." I don't know if you want to call it a get rich quick scheme, it's been 25 years and still nothing has happened to the Iraqi dinar...As a matter of fact the dinar is losing value...
12-30-2024 Newshound/Intel Guru Walkingstick Just like the oil of Iraq, the currency of Iraq belongs to the people and Sudani controls the oil and the currency of Iraq. Sudani, to the CBI, are the only ones with the authority to make any changes in the exchange rate of the Iraqi dinar. If parliament does not do the final reading of the budget then Sudani will overwrite it with an operational budget.
12-30-2024 Intel Guru MarkZ [via PDK] Today in Iraq - Monday December 30th…the auction was $279 million 695 thousand 336 dollars. So there was an auction today. Comment: Sudani and Soliel say it will be on Jan 2… MarkZ: that is pretty close to what we are being told right now. …there is so much coming together... Comment: My IMF contact is saying the 2nd. MarkZ: They are not the only ones looking at that date.
12-30-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The television is showing the auctions are now ended after 20 years. FRANK: Are they saying it has officially ended or are they saying it's going to end on the 31st? FIREFLY: Saying it ended after 20 years. FRANK: Then that means Sudani can keep his promise and show them the lower notes before the end of the year. But he's running out of time.
12-30-2024 Newshound Guru Jeff Iraq's been saying through the course of this year that they're going to by the end of this year end the use of the dollar ...Iraq is stating they're going to end the currency auctions starting January 2nd...If we don't see more than one outlet stating something, it doesn't hold a lot of credibility...The Central Bank would have to post and say, 'hey we're going to be ending the currency auctions.' That isn't posted anywhere on the Central Bank's website. So far just one news outlet stating it's going to end and will be done as of January 2nd in print. Only one. That make the credibility of that news very questionable especially with the Central Bank not posting it.
12-30-2024 Newshound Guru Samson Article: "Iraq to Permanently End Controversial Dollar Auction by End of 2024"
12-30-2024 Newshound Guru Militia Man Article: "The Central Bank of Iraq pursuant to its law 56 of 2004 as amended is responsible for determining the categories of Iraqi banknotes paper and metal, their measurements and their shapes, printing paper notes and minting metal coins." What's not normal about this...is they don't have any coins. They don't have any metals. Why are they talking about it now, today? That's powerful...If that 'mechanism' is now changed as Saleh says, that mechanism means there's going to have to be significant change...That means the value of the exchange rate is going to change. You don't need coins at an exchange rate of 1310. It doesn't work that way. The value has to be there.
12-30-2024 Intel Guru Frank26 The United States Treasury and Alaq are handing out awards to their employees for the success of the monetary reform and the success of the new currency. Alaq then comes out and he shows the Iraqi citizens...a big giant bulletin board that show the old 1 note from the 1940s. That means IMO they are now going to show the new lower notes of 2025.
12-30-2024 Intel Guru Wolverine [via Judy Byington] Get ready everyone we are ready. All protocols have been met and everything is ready to go. We just have to wait for the GO sign. I’m expecting the 1 or the 2nd of January. I’ve had many on a conference call and they all said that we are about to go anytime right now and many are pointing to the 1st and 2nd of January 2025. Not long to go guys. God bless.
12-30-2024 Intel Guru MarkZ [via PDK] Question: Mark a couple of people were [saying] that Iraq could easily say all of their old currencies are worthless and un - redeemable and go with the new. Is that even possible? MarkZ: In short-NO. Not without losing respect from everyone in the world including Iraqi citizens. They have to honor them if they want the world to support them.
12-30-2024 Intel Guru MarkZ [via PDK] from the Central Bank of Iraq today…has us excited. I think it tells us a lot about timing. Article: “In continuation of circular #3449 dated 1-15-2024 regarding the unification and updating of controls and instructions related to the standards for circulation and replacement of bank notes. We attach to you the principal standards and instructions for that will be adopted in the counting, sorting, receipt and delivery of bank notes. To be implemented starting from 1-2-2025 with appreciation That is supposed to continue and be completed 1-15-2024 (2025?)" they are saying they will be issuing the instructions related to the standards of circulation and the replacement of banknotes…which has folks excited.
12-30-2024 Newshound Guru Militia Man It appears they're gearing for a change and that change is coming...The exchange rate could come when Alaq is ready to tell us and the world. If that 'mechanism' has to deal with an exchange rate, they're talking about that today. That's fascinating...
12-30-2024 Newshound Guru Pimpy Movie Quote: "Dude if you buy $100,000 worth of dinar and it goes to the value of the Kuwait dollar you're looking at $300 million..." I don't know if you want to call it a get rich quick scheme, it's been 25 years and still nothing has happened to the Iraqi dinar...As a matter of fact the dinar is losing value...
12-30-2024 Newshound/Intel Guru Walkingstick Just like the oil of Iraq, the currency of Iraq belongs to the people and Sudani controls the oil and the currency of Iraq. Sudani, to the CBI, are the only ones with the authority to make any changes in the exchange rate of the Iraqi dinar. If parliament does not do the final reading of the budget then Sudani will overwrite it with an operational budget.
12-30-2024 Intel Guru MarkZ [via PDK] Today in Iraq - Monday December 30th…the auction was $279 million 695 thousand 336 dollars. So there was an auction today. Comment: Sudani and Soliel say it will be on Jan 2… MarkZ: that is pretty close to what we are being told right now. …there is so much coming together... Comment: My IMF contact is saying the 2nd. MarkZ: They are not the only ones looking at that date.
12-30-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The television is showing the auctions are now ended after 20 years. FRANK: Are they saying it has officially ended or are they saying it's going to end on the 31st? FIREFLY: Saying it ended after 20 years. FRANK: Then that means Sudani can keep his promise and show them the lower notes before the end of the year. But he's running out of time.
12-30-2024 Newshound Guru Jeff Iraq's been saying through the course of this year that they're going to by the end of this year end the use of the dollar ...Iraq is stating they're going to end the currency auctions starting January 2nd...If we don't see more than one outlet stating something, it doesn't hold a lot of credibility...The Central Bank would have to post and say, 'hey we're going to be ending the currency auctions.' That isn't posted anywhere on the Central Bank's website. So far just one news outlet stating it's going to end and will be done as of January 2nd in print. Only one. That make the credibility of that news very questionable especially with the Central Bank not posting it.
12-30-2024 Newshound Guru Samson Article: "Iraq to Permanently End Controversial Dollar Auction by End of 2024"
12-30-2024 Newshound Guru Militia Man Article: "The Central Bank of Iraq pursuant to its law 56 of 2004 as amended is responsible for determining the categories of Iraqi banknotes paper and metal, their measurements and their shapes, printing paper notes and minting metal coins." What's not normal about this...is they don't have any coins. They don't have any metals. Why are they talking about it now, today? That's powerful...If that 'mechanism' is now changed as Saleh says, that mechanism means there's going to have to be significant change...That means the value of the exchange rate is going to change. You don't need coins at an exchange rate of 1310. It doesn't work that way. The value has to be there.
12-30-2024 Intel Guru Frank26 The United States Treasury and Alaq are handing out awards to their employees for the success of the monetary reform and the success of the new currency. Alaq then comes out and he shows the Iraqi citizens...a big giant bulletin board that show the old 1 note from the 1940s. That means IMO they are now going to show the new lower notes of 2025.
12-30-2024 Intel Guru Wolverine [via Judy Byington] Get ready everyone we are ready. All protocols have been met and everything is ready to go. We just have to wait for the GO sign. I’m expecting the 1 or the 2nd of January. I’ve had many on a conference call and they all said that we are about to go anytime right now and many are pointing to the 1st and 2nd of January 2025. Not long to go guys. God bless.
12-30-2024 Intel Guru MarkZ [via PDK] Question: Mark a couple of people were [saying] that Iraq could easily say all of their old currencies are worthless and un - redeemable and go with the new. Is that even possible? MarkZ: In short-NO. Not without losing respect from everyone in the world including Iraqi citizens. They have to honor them if they want the world to support them.
12-29-2024 Newshound Guru Clare Article: "Prospects for the Iraqi Economy: Challenges and Opportunities to 2025 and Beyond" Quote "The International Monetary Fund (IMF) provided a detailed assessment of the Iraqi economy...The Iraqi economy contracted by 2.2% in 2022...The Fund expects the economy to grow by 1.4% in 2024 and 5.3% in 2025. However, the Fund warns that Iraq’s fiscal position remains worrisome, with the budget deficit expected to widen to 7.6% of GDP in 2024, compared to 1.3% in 2023. It also expects government debt to reach 48.2% of GDP in 2024 and 54.6% in 2025...By 2025, the Iraqi economy is expected to begin a significant recovery, with strong growth in its non-oil sector and increased investment in areas such as technology and infrastructure. If the required fiscal and structural reforms are implemented, Iraq may be able to reduce its dependence on oil and strengthen its private sector."
12-29-2024 Newshound Guru Militia Man We have numerous articles...from Alaq from as far back as 2023, specifically saying this year they will cease the auctions. That would be by the end of the year. This isn't something new. They've been warned. It's coming to fruition.
12-29-2024 Newshound Guru Sandy Ingram Right now Iraq is among 20 countries classified under the US State Department's Level 4 do not travel warnings. The other [countries like] Belarus, Afghanistan, Haiti, Iran, Lebanon, North Korea, Russia, Somalia, Syria, Ukraine, Venezuela and Yemen. The revaluation of Iraq's currency and its removal from the US State Department's level 4 do not travel list are interconnected...
12-29-2024 Newshound Guru Samson Article: "Iraq is the world's first in the density of natural resources.. A new vision for investing resources"
12-29-2024 Intel Guru Frank26 What is Article 12 of the IMF? The rate. That's exactly what it is...The IMF demands a country has a currency that can move in and out of the country. The IMF demands all currencies around the world have the ability to go into this country and also exit. That's article VIII. Article VIII is the freedom of that nation's currency to move in and out and other foreign currencies that are in there as well too. Article VIII removes all restrictions...We're way past Article VIII. We're at Article 14...Implementation of the new exchange rate.
12-29-2024 Newshound Guru Pimpy Article: "Within days. Business is confused with expectations of higher dollar exchange rates in the parallel market" Whenever you close off the selling of US dollars on the auctions you're going to have a spike in parallel markets cuz people are desperate to get them dollars. This brings down the value of the Iraqi dinar because people want more US dollars and they're willing to pay more Iraqi dinars to get their hands on the US dollars.
12-29-2024 Newshound Guru Clare Article: "Delegation from US Department of Treasury visit the CBI" Quote: "Announcement from Central Bank of Iraq – Delegation from US department of treasury visited the central bank of Iraq, the delegation expressed their gratitude and appreciation for the procedures taken by the CBI during last year in the operations of combating the financing of terrorism and money laundering."
12-29-2024 Newshound Guru Militia Man Article quote: "Issuing money can help provide the economy with liquidity which can prove economic growth and innovation." Sounds about where Iraq is headed, right? "However, if not managed carefully the government's directly issuing can lead to inflation." Inflation is the consequence of not playing by the rules as we all know. Why would Alaq be talking about this? ...The exchange rate change is likely to be coming because they're going to have something that supports the ability to do all of this and they have the United States...and the coalition on board for it and you probably have the Bank of International Settlements...World Bank...IMF...UN...okay with it [too].
12-29-2024 Intel Guru Frank26 This is extremely important you understand this. It is projected at the end of this month on the 31st that the auctions will come to an end. Therefor the next day the citizens of Iraq will be looking for something to use. They will demand a dollar because that's all they know and they will be rejected. The demand for the dollar will increase. The black market value will increase for the dollar (which is not official, which has no meaning, no value to the CBI). But for at least maybe until the 7th. Why? Because on the 7th Sudani has ordered parliament to finish and sign off everything on the budget. If not he'll take care of it...One week of bubble. That makes sense. I like it.
12-29-2024 Intel Guru MarkZ [via PDK] In Iraq: “More than one billion dollars CBI sales in 4 days” yes we did have foreign currency auctions this week. All eyes will be on Monday to see if they continue or do not continue.
12-29-2024 Intel Guru Wolverine [via Judy Byington] “It’s coming. I have a lot of intel that I can’t tell you about. Keep the faith. It’s coming by the end of the year.”
12-29-2024 Newshound Guru Militia Man We have numerous articles...from Alaq from as far back as 2023, specifically saying this year they will cease the auctions. That would be by the end of the year. This isn't something new. They've been warned. It's coming to fruition.
12-29-2024 Newshound Guru Sandy Ingram Right now Iraq is among 20 countries classified under the US State Department's Level 4 do not travel warnings. The other [countries like] Belarus, Afghanistan, Haiti, Iran, Lebanon, North Korea, Russia, Somalia, Syria, Ukraine, Venezuela and Yemen. The revaluation of Iraq's currency and its removal from the US State Department's level 4 do not travel list are interconnected...
12-29-2024 Newshound Guru Samson Article: "Iraq is the world's first in the density of natural resources.. A new vision for investing resources"
12-29-2024 Intel Guru Frank26 What is Article 12 of the IMF? The rate. That's exactly what it is...The IMF demands a country has a currency that can move in and out of the country. The IMF demands all currencies around the world have the ability to go into this country and also exit. That's article VIII. Article VIII is the freedom of that nation's currency to move in and out and other foreign currencies that are in there as well too. Article VIII removes all restrictions...We're way past Article VIII. We're at Article 14...Implementation of the new exchange rate.
12-29-2024 Newshound Guru Pimpy Article: "Within days. Business is confused with expectations of higher dollar exchange rates in the parallel market" Whenever you close off the selling of US dollars on the auctions you're going to have a spike in parallel markets cuz people are desperate to get them dollars. This brings down the value of the Iraqi dinar because people want more US dollars and they're willing to pay more Iraqi dinars to get their hands on the US dollars.
12-29-2024 Newshound Guru Clare Article: "Delegation from US Department of Treasury visit the CBI" Quote: "Announcement from Central Bank of Iraq – Delegation from US department of treasury visited the central bank of Iraq, the delegation expressed their gratitude and appreciation for the procedures taken by the CBI during last year in the operations of combating the financing of terrorism and money laundering."
12-29-2024 Newshound Guru Militia Man Article quote: "Issuing money can help provide the economy with liquidity which can prove economic growth and innovation." Sounds about where Iraq is headed, right? "However, if not managed carefully the government's directly issuing can lead to inflation." Inflation is the consequence of not playing by the rules as we all know. Why would Alaq be talking about this? ...The exchange rate change is likely to be coming because they're going to have something that supports the ability to do all of this and they have the United States...and the coalition on board for it and you probably have the Bank of International Settlements...World Bank...IMF...UN...okay with it [too].
12-29-2024 Intel Guru Frank26 This is extremely important you understand this. It is projected at the end of this month on the 31st that the auctions will come to an end. Therefor the next day the citizens of Iraq will be looking for something to use. They will demand a dollar because that's all they know and they will be rejected. The demand for the dollar will increase. The black market value will increase for the dollar (which is not official, which has no meaning, no value to the CBI). But for at least maybe until the 7th. Why? Because on the 7th Sudani has ordered parliament to finish and sign off everything on the budget. If not he'll take care of it...One week of bubble. That makes sense. I like it.
12-29-2024 Intel Guru MarkZ [via PDK] In Iraq: “More than one billion dollars CBI sales in 4 days” yes we did have foreign currency auctions this week. All eyes will be on Monday to see if they continue or do not continue.
12-29-2024 Intel Guru Wolverine [via Judy Byington] “It’s coming. I have a lot of intel that I can’t tell you about. Keep the faith. It’s coming by the end of the year.”
12-28-2024 Intel Guru Frank26 The budget is going to expose everything that we've been waiting for...
12-28-2024 Intel Guru MarkZ [via PDK] Question: Will be be taxed on this exchange? MarkZ: I am still told no…but, I have set aside funds to cover it just in case. [As always, check with your tax professionals at the appropriate time.]
12-28-2024 Newshound Guru Samson Article: "Government Advisor: Iraq Seeks to Establish Sovereign Wealth Fund"
12-28-2024 Newshound Guru Kaperoni There are many currencies around the world with weak exchange rates. An increase in the exchange rate is never a random act it's a reflection of a country's success and economic growth. Encouraging Iraq to succeed and prosper is the only way to increase value.
12-28-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
All we care about is the stopping of the auctions and when...They still say auctions will end by the end of the month. Mr Sammy says when they end the auctions and everyone goes back to work on the 2nd of January, the rise of the dollar will be very closely watched by us here at the banks. If it starts to get out of hand by the 7th when parliament votes then [he] doesn't see any other move but to increase the dinar. That's the only way Alaq has a way out.
12-28-2024 Intel Guru MarkZ [via PDK] “Parliamentary finance: Financial Digital transformation will eliminate corruption and money laundering” they are paving the road and laying the groundwork to changing the value of the dinar.
12-28-2024 Newshound/Intel Guru Mnt Goat Didn’t I tell everyone years ago that Iraq is going to be a central hub for the middle east? Let me correct myself in saying it is now a central hub only it is not yet fully geared up and running to its potential. Eighty-five docking stations for freight ships at the port of Faw and only five are now open. Imagine when all eighty-five slips are operational? The amount of freight that will flow through this port of Faw.
12-28-2024 Newshound Guru Pimpy There's no indication out there at all, nothing being said that indicates the Iraqi dinar is going to increase in exchange value. But there is talk about exchange...Suspension of the dollar transfer platform by the Central Bank of Iraq...is a big deal but no that doesn't mean they're going to change your exchange rate...
12-28-2024 Newshound Guru Samson Article: "A Different Scenario... Washington Post: Baghdad will request that US forces remain in Iraq"
12-28-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy...the key here will be when the auctions stop and we feel like it will be either the 28th or the 29th. The dollar may jump up some due to traveling at this time but soon we should see the lower notes and the new rate.
12-28-2024 Intel Guru MarkZ [via PDK] “Within days: business confused with the dollar exchange rates expected to rise in parallel market” Businesses are trying to figure out how to price things. The government created a committee to address how to reprice things for sudden value changes.
12-28-2024 Intel Guru Bruce [via WiserNow] ...we did hear from a group of very informed individuals that are part of this process...They're part of the release. They said the release is coming very shortly...What does it mean? ...Well, in this case, it means a couple of days. Releases are coming very shortly...It's coming...what I've heard since then and these were extremely
valuable people that were bringing this to us... the highest of the high...we are looking for a green light from treasury/slash/Wells Fargo to release this to us over the next couple of days...Let's see what happens over the weekend.
12-28-2024 Intel Guru MarkZ [via PDK] Question: Will be be taxed on this exchange? MarkZ: I am still told no…but, I have set aside funds to cover it just in case. [As always, check with your tax professionals at the appropriate time.]
12-28-2024 Newshound Guru Samson Article: "Government Advisor: Iraq Seeks to Establish Sovereign Wealth Fund"
12-28-2024 Newshound Guru Kaperoni There are many currencies around the world with weak exchange rates. An increase in the exchange rate is never a random act it's a reflection of a country's success and economic growth. Encouraging Iraq to succeed and prosper is the only way to increase value.
12-28-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
All we care about is the stopping of the auctions and when...They still say auctions will end by the end of the month. Mr Sammy says when they end the auctions and everyone goes back to work on the 2nd of January, the rise of the dollar will be very closely watched by us here at the banks. If it starts to get out of hand by the 7th when parliament votes then [he] doesn't see any other move but to increase the dinar. That's the only way Alaq has a way out.
12-28-2024 Intel Guru MarkZ [via PDK] “Parliamentary finance: Financial Digital transformation will eliminate corruption and money laundering” they are paving the road and laying the groundwork to changing the value of the dinar.
12-28-2024 Newshound/Intel Guru Mnt Goat Didn’t I tell everyone years ago that Iraq is going to be a central hub for the middle east? Let me correct myself in saying it is now a central hub only it is not yet fully geared up and running to its potential. Eighty-five docking stations for freight ships at the port of Faw and only five are now open. Imagine when all eighty-five slips are operational? The amount of freight that will flow through this port of Faw.
12-28-2024 Newshound Guru Pimpy There's no indication out there at all, nothing being said that indicates the Iraqi dinar is going to increase in exchange value. But there is talk about exchange...Suspension of the dollar transfer platform by the Central Bank of Iraq...is a big deal but no that doesn't mean they're going to change your exchange rate...
12-28-2024 Newshound Guru Samson Article: "A Different Scenario... Washington Post: Baghdad will request that US forces remain in Iraq"
12-28-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy...the key here will be when the auctions stop and we feel like it will be either the 28th or the 29th. The dollar may jump up some due to traveling at this time but soon we should see the lower notes and the new rate.
12-28-2024 Intel Guru MarkZ [via PDK] “Within days: business confused with the dollar exchange rates expected to rise in parallel market” Businesses are trying to figure out how to price things. The government created a committee to address how to reprice things for sudden value changes.
12-28-2024 Intel Guru Bruce [via WiserNow] ...we did hear from a group of very informed individuals that are part of this process...They're part of the release. They said the release is coming very shortly...What does it mean? ...Well, in this case, it means a couple of days. Releases are coming very shortly...It's coming...what I've heard since then and these were extremely
valuable people that were bringing this to us... the highest of the high...we are looking for a green light from treasury/slash/Wells Fargo to release this to us over the next couple of days...Let's see what happens over the weekend.
12-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We at point now that we expect Alaq give us a speech at any time now.
12-27-2024 Newshound Guru Samson Article: "Iraq Stock Exchange Ranks First in the Arab World in Trading Volume for November"
12-27-2024 Newshound Guru Pimpy Article: "What are Iraqis waiting for after the news of the 'sudden suspension' of the dollar sale platform by the Central Bank?" That is a big deal by the way. They've been talking about stopping the auctions for quite some time...This is their way of getting away from the dollar altogether and by doing so allow them to win the international community...This is going to eliminate a lot of the criminality...
12-27-2024 Intel Guru MarkZ [via PDK] I am hearing rumors from groups attached to Indian Nations that they are being told to prep for imminent release. It could be within days…. Similar mechanism are being re-enacted to when Kuwait RV’d. Some Indian Nations did very well when Kuwait revalued. This has me really excited.
12-27-2024 Intel Guru Frank26 The Vietnamese Dong has explosive potential IMO based on...that the world will now slowly turn more and more towards Vietnam for the things that they used to get out of China. That evidence has already been displayed in the last six years in their economy...If you went to Vietnam today you'd think you were is Dubai.
12-27-2024 Newshound Guru Militia Man We're going to keep our eyes peeled for...4805, which is the Ministerial Council of Justice numbering system which talked about the federal budget. We haven't see that opened yet for 2024 but we see that it's printed...We don't know exactly what the contents are. We're hoping...the new exchange rate is within it.
12-27-2024 Newshound/Intel Guru Walkingstick After they stop the auction the nation of Iraq's currency has to be backed by something. It will no longer be backed by the American dollar. But with a basket, the other currencies can back up the Iraqi dinar. But that's not the best way for it to go. The best way is for the Iraq dinar to be backed by gold or by its assets inside of that basket giving it the most power for all the other currencies...No doubt the currency of Iraq is not just backed by oil but by endless amount of things.
12-27-2024 Newshound Guru Clare Article: “Iraqi dinar falls a week before dollar selling platform closes" Quote: "For days now, the Iraqi markets have witnessed a noticeable decline in the value of the Iraqi dinar against the US dollar...expected the rise to be temporary for a period of time, after getting used to stopping the platform and adopting the normal thing...The Central Bank of
Iraq has expanded the basket of foreign currencies that can be dealt with and ended reliance on the dollar only, and this diversity will reduce the dollar exchange rate in the parallel market and raise the value of the Iraqi dinar in the future." [Dinar Guru Note: Dinar investors want to see the US dollar rate go down and the IQD rate go up.]
12-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy told me the only thing remaining and we will see soon, is Iraq de-pegging from the dollar and with the auctions closing it's just a matter of time when they're going to give lower notes. FRANK: Mr. Sammy is preparing you. He wants you to get ready.
12-27-2024 Intel Guru MarkZ [via PDK] Question: What does your “gut” say Mark? MarkZ: it says this year is still very much in play.
12-27-2024 Newshound/Intel Guru Mnt Goat I wanted to dispel some idiotic rumors...that the contractors are being paid at an RV rate and this time of $3.91 per dinar. Really? How is this possible? Simply put – its NOT ...they are not trying to covertly implement the RV slowly behind our backs...The CBI told us many times already they would be upfront and straight forward about the process of the RV.
12-27-2024 Newshound Guru Samson Article: "Iraq Stock Exchange Ranks First in the Arab World in Trading Volume for November"
12-27-2024 Newshound Guru Pimpy Article: "What are Iraqis waiting for after the news of the 'sudden suspension' of the dollar sale platform by the Central Bank?" That is a big deal by the way. They've been talking about stopping the auctions for quite some time...This is their way of getting away from the dollar altogether and by doing so allow them to win the international community...This is going to eliminate a lot of the criminality...
12-27-2024 Intel Guru MarkZ [via PDK] I am hearing rumors from groups attached to Indian Nations that they are being told to prep for imminent release. It could be within days…. Similar mechanism are being re-enacted to when Kuwait RV’d. Some Indian Nations did very well when Kuwait revalued. This has me really excited.
12-27-2024 Intel Guru Frank26 The Vietnamese Dong has explosive potential IMO based on...that the world will now slowly turn more and more towards Vietnam for the things that they used to get out of China. That evidence has already been displayed in the last six years in their economy...If you went to Vietnam today you'd think you were is Dubai.
12-27-2024 Newshound Guru Militia Man We're going to keep our eyes peeled for...4805, which is the Ministerial Council of Justice numbering system which talked about the federal budget. We haven't see that opened yet for 2024 but we see that it's printed...We don't know exactly what the contents are. We're hoping...the new exchange rate is within it.
12-27-2024 Newshound/Intel Guru Walkingstick After they stop the auction the nation of Iraq's currency has to be backed by something. It will no longer be backed by the American dollar. But with a basket, the other currencies can back up the Iraqi dinar. But that's not the best way for it to go. The best way is for the Iraq dinar to be backed by gold or by its assets inside of that basket giving it the most power for all the other currencies...No doubt the currency of Iraq is not just backed by oil but by endless amount of things.
12-27-2024 Newshound Guru Clare Article: “Iraqi dinar falls a week before dollar selling platform closes" Quote: "For days now, the Iraqi markets have witnessed a noticeable decline in the value of the Iraqi dinar against the US dollar...expected the rise to be temporary for a period of time, after getting used to stopping the platform and adopting the normal thing...The Central Bank of
Iraq has expanded the basket of foreign currencies that can be dealt with and ended reliance on the dollar only, and this diversity will reduce the dollar exchange rate in the parallel market and raise the value of the Iraqi dinar in the future." [Dinar Guru Note: Dinar investors want to see the US dollar rate go down and the IQD rate go up.]
12-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy told me the only thing remaining and we will see soon, is Iraq de-pegging from the dollar and with the auctions closing it's just a matter of time when they're going to give lower notes. FRANK: Mr. Sammy is preparing you. He wants you to get ready.
12-27-2024 Intel Guru MarkZ [via PDK] Question: What does your “gut” say Mark? MarkZ: it says this year is still very much in play.
12-27-2024 Newshound/Intel Guru Mnt Goat I wanted to dispel some idiotic rumors...that the contractors are being paid at an RV rate and this time of $3.91 per dinar. Really? How is this possible? Simply put – its NOT ...they are not trying to covertly implement the RV slowly behind our backs...The CBI told us many times already they would be upfront and straight forward about the process of the RV.
12-26-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is talking about the discussion for adjustment to have a new exchange rate. Can you believe that Mr. Frank? Every day they tell us they're going to give us a new exchange rate...You know why they're telling us they're going to give us a new exchange rate? They say since the auctions are stopping. FRANK: Tell parliament to moooove over...The cash cow is coming to an end... It's coming, that's all there is to it.
12-26-2024 Newshound Guru Clare Article: "Iraq Stock Exchange Ranks First in the Arab World in Trading Volume for November" Quote: "trading volumes achieved a growth of 131.24% during November 2024 compared to the previous month, thus topping the Arab financial markets in terms of growth rates."
12-26-2024 Intel Guru MarkZ [via PDK] ...my Iraqi contacts this morning...are pretty upbeat...My contacts still think it could go at any moment and are prepared for it.
12-26-2024 Newshound Guru Kaperoni Question: "Rumor is that the dinar has RV'd. Have you anything to say about those rumors?" Kaperoni: Currencies of a country are not some lottery ticket. They represent a country, and if a currency is ever going to go up in value, it will be based on the success and economic growth of that country. Iraq is trying to rebuild their country and diversify their economy. Iraq has made a lot of progress over the years rebuilding, but still has a ways to go. If Iraq can create a market economy, and diversify away from oil, we may see some improvement in the value gradually as a result. But there is no significant RV like the gurus talk about.
12-26-2024 Newshound Guru Pimpy Article quote: "Sudden Suspension of the dollar sale platform by the central bank...will not affect local markets from the dollar exchange rate but there are those who try to broadcast rumors that this step will change the exchange rate." A lot of these YouTubers claiming the exchange rate is going to be changed...It's not. There's nothing out there that indicates it. What you have is a lot of positive reforms taking place. Eventually the Iraqi dinar will delete the zeros, we'll get a new type of currency and then you're going to see something happen to the exchange rate. But no, it's not going to happen before the end of the year. No it's not going to happen at the first of the year. No, it's not going to happen in February or March...
12-26-2024 Intel Guru Frank26 If we have the float coming, if we have the auctions stopping, if all the things Sudani and the CBI have been saying... therefore the conclusion means that the lower notes have been put into position because the next step would expose them.
12-26-2024 Intel Guru MarkZ [via PDK] Question: When the RV happens and the rates change - will the rates continue to go up or is that it? MarkZ: I have been told repeatedly that rates will not fluctuate much at all. No more than 1-2%. So when people say they are going to hang on to the currency to ride the float - it may bite them in the butt. I was told there will be a small window to exchange and if not exchanged by then, those bills will no longer be accepted...
12-26-2024 Newshound Guru Clare Article: "Dollar Auction.. What is the truth about stopping the Central Bank’s platform for currency conversion?" Quote: “This platform will be stopped at the end of this year, according to what the bank officially announced."
12-26-2024 Newshound Guru Militia Man They changed the name to currency window as opposed to auction. That represents foreign currencies. Article quote "...This platform will be stopped at the end of this year." ...The dollar auctions as we know them are going bye-bye by the end of the year...That doesn't mean the 31st...It means...coming at any time.
12-26-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is reshowing the speech of Sudani from the other day when he said citizens want something realistic and they are tired of promises. FRANK: The fact they reshowed it is extremely important. Sudani is going out almost on a daily basis telling the Iraqi citizens, I got you! I told you I'm going to give you purchasing power. I got you.
12-26-2024 Newshound/Intel Guru Mnt Goat Article: "THE DOLLAR MARKET IS ON “ONE LEG”.. A NEW MECHANISM AND THE EXCHANGE RATE IS THREATENED!" ... they are just telling us that there is a process in place to change-out the dinar to the lower denominations and effect the rate as part of this process without causing havoc. A higher, sudden RV, if not done appropriately would cause havoc...
12-26-2024 Intel Guru MarkZ [via PDK] ...there are many here in the US and all over the world that are expecting a value change with the end of the auctions. Not just people on the internet…but folks in government and the banking world as well.
Television is talking about the discussion for adjustment to have a new exchange rate. Can you believe that Mr. Frank? Every day they tell us they're going to give us a new exchange rate...You know why they're telling us they're going to give us a new exchange rate? They say since the auctions are stopping. FRANK: Tell parliament to moooove over...The cash cow is coming to an end... It's coming, that's all there is to it.
12-26-2024 Newshound Guru Clare Article: "Iraq Stock Exchange Ranks First in the Arab World in Trading Volume for November" Quote: "trading volumes achieved a growth of 131.24% during November 2024 compared to the previous month, thus topping the Arab financial markets in terms of growth rates."
12-26-2024 Intel Guru MarkZ [via PDK] ...my Iraqi contacts this morning...are pretty upbeat...My contacts still think it could go at any moment and are prepared for it.
12-26-2024 Newshound Guru Kaperoni Question: "Rumor is that the dinar has RV'd. Have you anything to say about those rumors?" Kaperoni: Currencies of a country are not some lottery ticket. They represent a country, and if a currency is ever going to go up in value, it will be based on the success and economic growth of that country. Iraq is trying to rebuild their country and diversify their economy. Iraq has made a lot of progress over the years rebuilding, but still has a ways to go. If Iraq can create a market economy, and diversify away from oil, we may see some improvement in the value gradually as a result. But there is no significant RV like the gurus talk about.
12-26-2024 Newshound Guru Pimpy Article quote: "Sudden Suspension of the dollar sale platform by the central bank...will not affect local markets from the dollar exchange rate but there are those who try to broadcast rumors that this step will change the exchange rate." A lot of these YouTubers claiming the exchange rate is going to be changed...It's not. There's nothing out there that indicates it. What you have is a lot of positive reforms taking place. Eventually the Iraqi dinar will delete the zeros, we'll get a new type of currency and then you're going to see something happen to the exchange rate. But no, it's not going to happen before the end of the year. No it's not going to happen at the first of the year. No, it's not going to happen in February or March...
12-26-2024 Intel Guru Frank26 If we have the float coming, if we have the auctions stopping, if all the things Sudani and the CBI have been saying... therefore the conclusion means that the lower notes have been put into position because the next step would expose them.
12-26-2024 Intel Guru MarkZ [via PDK] Question: When the RV happens and the rates change - will the rates continue to go up or is that it? MarkZ: I have been told repeatedly that rates will not fluctuate much at all. No more than 1-2%. So when people say they are going to hang on to the currency to ride the float - it may bite them in the butt. I was told there will be a small window to exchange and if not exchanged by then, those bills will no longer be accepted...
12-26-2024 Newshound Guru Clare Article: "Dollar Auction.. What is the truth about stopping the Central Bank’s platform for currency conversion?" Quote: “This platform will be stopped at the end of this year, according to what the bank officially announced."
12-26-2024 Newshound Guru Militia Man They changed the name to currency window as opposed to auction. That represents foreign currencies. Article quote "...This platform will be stopped at the end of this year." ...The dollar auctions as we know them are going bye-bye by the end of the year...That doesn't mean the 31st...It means...coming at any time.
12-26-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is reshowing the speech of Sudani from the other day when he said citizens want something realistic and they are tired of promises. FRANK: The fact they reshowed it is extremely important. Sudani is going out almost on a daily basis telling the Iraqi citizens, I got you! I told you I'm going to give you purchasing power. I got you.
12-26-2024 Newshound/Intel Guru Mnt Goat Article: "THE DOLLAR MARKET IS ON “ONE LEG”.. A NEW MECHANISM AND THE EXCHANGE RATE IS THREATENED!" ... they are just telling us that there is a process in place to change-out the dinar to the lower denominations and effect the rate as part of this process without causing havoc. A higher, sudden RV, if not done appropriately would cause havoc...
12-26-2024 Intel Guru MarkZ [via PDK] ...there are many here in the US and all over the world that are expecting a value change with the end of the auctions. Not just people on the internet…but folks in government and the banking world as well.
12-25-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television saying Iraq is buying huge amounts of gold and it's to offset the ending of the dollar exchange auctions.
12-25-2024 Intel Guru MarkZ [via PDK] Article: “An expected rise in the dollar: temporary shock awaits the Iraqi market” this is talking about the end of the auctions...One thing that will solve all their worries is an upward reinstatement or revaluation close or higher than the US dollar.
12-25-2024 Newshound Guru Clare Article: "Prime Minister: Iraq is a historical center of Christianity in the Middle East" Quote: "Iraq is a historical center for Christianity in the Middle East, and that Christians have contributed for centuries to supporting Iraq's civilization, culture and development, and were builders of this country in various stages adding that Iraq's identity that transcends sects and religions is our real goal, and this is clear through the cohesion and participation in various occasions, especially Christmas and what it represents as a symbol of unity and brotherhood."
12-25-2024 Intel Guru Frank26 IMO the next step is for the auctions to stop and the Iraqi dinar currency to float freely internationally in a basket with other currencies..It will cause the value to go up...
12-25-2024 Intel Guru MarkZ [via PDK] Article: “Iraq Stock Exchange first with the volume of trading between Arab Markets” it only launched a year or so ago…but already it’s the largest trading market in the middle east. This one is huge. They are setting themselves up as a regional leader - a world leader…and what is going to be important? They need a currency that matches the region. That rate bar is high when you look at Kuwait and Bahrain and ll of the other currencies values over there.
12-25-2024 Newshound Guru Militia Man Article quote: "Iraq has gotten rid of the burden of foreign debts for the first time which had shackled it economically ...What remains of its debts to international parties constitutes less than $9 billion that will be paid between now and the year 2028." Iraq's going to have a lot of money. If you're going to be a creditor, people are going to be coming to you for money and Iraq is going to have a lot of it. To be fair, I think a lot of us are going to have a few dollar too because of it.
12-25-2024 Newshound Guru Clare Article: “Al-Sudani: Everyone is invited to create an Iraqi identity that transcends all sects and religions" Quote: "Prime Minister Mohammed Shia al-Sudani said...everyone is called upon to create an Iraqi identity that transcends all sects and religions...The birth of Jesus Christ is an occasion to emphasize a diverse and unified Iraq, and we adhere to this diversity, which represents a source of strength for all Iraqis... This came during his participation in the Christmas Eve Mass, which was held at St. Joseph's Cathedral in the Karrada district in central Baghdad."
12-25-2024 Intel Guru Frank26 Question: "Is there a limit that they will let you exchange?" Frank26: That's a good question. It's possible that they'll let you only exchange so much per day or they'll tell you you can exchange it all but you can only take out so much per day. You'll find all those rules and regulations once it happens with whatever bank you'll be working with.
12-25-2024 Newshound/Intel Guru Mnt Goat Article: "DOLLAR AUCTION.. WHAT IS THE TRUTH ABOUT STOPPING THE CENTRAL BANK’S PLATFORM FOR CURRENCY CONVERSION?" Quote: "This platform will be stopped at the end of this year, according to what the bank officially announced." The Central Bank of Iraq must break the parallel market (black market) in selling dollars and get them in line with the “official” rate of the Central Bank. This is critical to the process and the next step. The step we all want to happen.
12-25-2024 Intel Guru MarkZ [via PDK] Article: “Al Alaq announces the start of an era of digital transformation in Iraqi Banks” This is all part of their white papers...economic reforms. Al Alaq saying how successful it is and the final portion of those white papers or the monetary reform is total independence for Iraq and a stronger purchasing power of the Iraqi dinar... AKA a reinstatement or a revaluation.
Television saying Iraq is buying huge amounts of gold and it's to offset the ending of the dollar exchange auctions.
12-25-2024 Intel Guru MarkZ [via PDK] Article: “An expected rise in the dollar: temporary shock awaits the Iraqi market” this is talking about the end of the auctions...One thing that will solve all their worries is an upward reinstatement or revaluation close or higher than the US dollar.
12-25-2024 Newshound Guru Clare Article: "Prime Minister: Iraq is a historical center of Christianity in the Middle East" Quote: "Iraq is a historical center for Christianity in the Middle East, and that Christians have contributed for centuries to supporting Iraq's civilization, culture and development, and were builders of this country in various stages adding that Iraq's identity that transcends sects and religions is our real goal, and this is clear through the cohesion and participation in various occasions, especially Christmas and what it represents as a symbol of unity and brotherhood."
12-25-2024 Intel Guru Frank26 IMO the next step is for the auctions to stop and the Iraqi dinar currency to float freely internationally in a basket with other currencies..It will cause the value to go up...
12-25-2024 Intel Guru MarkZ [via PDK] Article: “Iraq Stock Exchange first with the volume of trading between Arab Markets” it only launched a year or so ago…but already it’s the largest trading market in the middle east. This one is huge. They are setting themselves up as a regional leader - a world leader…and what is going to be important? They need a currency that matches the region. That rate bar is high when you look at Kuwait and Bahrain and ll of the other currencies values over there.
12-25-2024 Newshound Guru Militia Man Article quote: "Iraq has gotten rid of the burden of foreign debts for the first time which had shackled it economically ...What remains of its debts to international parties constitutes less than $9 billion that will be paid between now and the year 2028." Iraq's going to have a lot of money. If you're going to be a creditor, people are going to be coming to you for money and Iraq is going to have a lot of it. To be fair, I think a lot of us are going to have a few dollar too because of it.
12-25-2024 Newshound Guru Clare Article: “Al-Sudani: Everyone is invited to create an Iraqi identity that transcends all sects and religions" Quote: "Prime Minister Mohammed Shia al-Sudani said...everyone is called upon to create an Iraqi identity that transcends all sects and religions...The birth of Jesus Christ is an occasion to emphasize a diverse and unified Iraq, and we adhere to this diversity, which represents a source of strength for all Iraqis... This came during his participation in the Christmas Eve Mass, which was held at St. Joseph's Cathedral in the Karrada district in central Baghdad."
12-25-2024 Intel Guru Frank26 Question: "Is there a limit that they will let you exchange?" Frank26: That's a good question. It's possible that they'll let you only exchange so much per day or they'll tell you you can exchange it all but you can only take out so much per day. You'll find all those rules and regulations once it happens with whatever bank you'll be working with.
12-25-2024 Newshound/Intel Guru Mnt Goat Article: "DOLLAR AUCTION.. WHAT IS THE TRUTH ABOUT STOPPING THE CENTRAL BANK’S PLATFORM FOR CURRENCY CONVERSION?" Quote: "This platform will be stopped at the end of this year, according to what the bank officially announced." The Central Bank of Iraq must break the parallel market (black market) in selling dollars and get them in line with the “official” rate of the Central Bank. This is critical to the process and the next step. The step we all want to happen.
12-25-2024 Intel Guru MarkZ [via PDK] Article: “Al Alaq announces the start of an era of digital transformation in Iraqi Banks” This is all part of their white papers...economic reforms. Al Alaq saying how successful it is and the final portion of those white papers or the monetary reform is total independence for Iraq and a stronger purchasing power of the Iraqi dinar... AKA a reinstatement or a revaluation.
12-24-2024 Intel Guru Frank26 There is a plethora of very good informative monetary reform education articles that are coming out that are causing this great pressure of information, a venturi effect of information to the Iraqi citizens. This is the time to do that...We say to ourselves, 'Wow! They're telling the citizens they're going to add value to their currency by giving them purchasing power by lifting the three zeros from the exchange rate. Wow!'...This monetary reform education right now, it's so much of it. It's cornucopia that is filled. It's a piñata that got busted open and it's spilling everywhere, every day.
12-24-2024 Newshound Guru Clare Article: “Iraq suspends official work tomorrow, Wednesday" Quote: "The Iraqi government decided to suspend official work tomorrow, Wednesday, on the occasion of Christmas...In Iraq, Christmas is an important religious and social occasion celebrated by Christian sects, where prayers are held in churches amidst a spiritual atmosphere, cities are decorated with trees and lights, and celebrations reflect the values of coexistence and peace among the various components of Iraqi society."
12-24-2024 Newshound Guru Militia Man I believe they're at their end of the road and we're watching amazing events come to a close...Let's watch and see what happens. It surely looks powerful my friends. I really do believe it looks really really powerful. I think people would be going, wow, this is real. Yeah, it is real. I'm excited everybody...I hope everybody has a Merry Christmas and God bless...
12-24-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
All banks according to Mr. Sammy have stopped all cash transfers from today to January 7th as part of early inventory. We have declared a two-day holiday on Christmas and then the next day. This is the first time that we've ever done anything like that on Christmas. FRANK: Soon you will have purchasing power for the first time in a long time. FIREFLY: This will also mark the end of using or handling cash as ever before...We're going digitally with a new rate...
12-24-2024 Intel Guru MarkZ [via PDK] Right now I have people who are absolutely positive it is happening this week. They are ending auctions in Iraq and I am being told it’s the 28th-which is a Saturday. I think the worst case scenario with People I know is somewhere between now and the 7th…or right after the inauguration...I feel it’s about 80% to happen before Jan 1st...
12-24-2024 Newshound Guru Clare Article: "Expected rise in the dollar... 'temporary shock' awaits the Iraqi market" Quote: "Foundation for Economic Studies and Consultations expected, today, Monday, December 23, 2024, an increase in the dollar exchange rate during the next few days, following the announcement by the Central Bank of Iraq to stop the currency transfer window platform."
12-24-2024 Newshound/Intel Guru Mnt Goat “REASONS FOR THE DELAY IN SENDING GENERAL BUDGETS IN IRAQ AND ITS ECONOMIC REPERCUSSIONS” ...Iraq is trying desperately to fix the system they have in place of budgeting. The article tells us the system has been an ongoing issue and needs to be fixed. It lists the issue involved and is very informative. I will tell everyone...The hold up of the budget is NOT about the RV...I can tell you for sure with 1000% assurance the hold up of the budget implementation is NOT due to waiting for the new RV rate.
12-24-2024 Intel Guru Frank26 IMO the lower denominations, the lower notes that will be passed out are now in the [Iraqi] banks, are now in the position ready to be handed over to the citizens...
12-24-2024 Intel Guru MarkZ [via PDK] Article: “EU: Iraq’s development path is an infrastructure for the entire region” This development road will be connecting ports and up through Turkey giving a safe export path for the European market. It is going to be vital for the entire region and for Europe. Think “International”.
12-24-2024 Newshound Guru Clare Article: “Iraq suspends official work tomorrow, Wednesday" Quote: "The Iraqi government decided to suspend official work tomorrow, Wednesday, on the occasion of Christmas...In Iraq, Christmas is an important religious and social occasion celebrated by Christian sects, where prayers are held in churches amidst a spiritual atmosphere, cities are decorated with trees and lights, and celebrations reflect the values of coexistence and peace among the various components of Iraqi society."
12-24-2024 Newshound Guru Militia Man I believe they're at their end of the road and we're watching amazing events come to a close...Let's watch and see what happens. It surely looks powerful my friends. I really do believe it looks really really powerful. I think people would be going, wow, this is real. Yeah, it is real. I'm excited everybody...I hope everybody has a Merry Christmas and God bless...
12-24-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
All banks according to Mr. Sammy have stopped all cash transfers from today to January 7th as part of early inventory. We have declared a two-day holiday on Christmas and then the next day. This is the first time that we've ever done anything like that on Christmas. FRANK: Soon you will have purchasing power for the first time in a long time. FIREFLY: This will also mark the end of using or handling cash as ever before...We're going digitally with a new rate...
12-24-2024 Intel Guru MarkZ [via PDK] Right now I have people who are absolutely positive it is happening this week. They are ending auctions in Iraq and I am being told it’s the 28th-which is a Saturday. I think the worst case scenario with People I know is somewhere between now and the 7th…or right after the inauguration...I feel it’s about 80% to happen before Jan 1st...
12-24-2024 Newshound Guru Clare Article: "Expected rise in the dollar... 'temporary shock' awaits the Iraqi market" Quote: "Foundation for Economic Studies and Consultations expected, today, Monday, December 23, 2024, an increase in the dollar exchange rate during the next few days, following the announcement by the Central Bank of Iraq to stop the currency transfer window platform."
12-24-2024 Newshound/Intel Guru Mnt Goat “REASONS FOR THE DELAY IN SENDING GENERAL BUDGETS IN IRAQ AND ITS ECONOMIC REPERCUSSIONS” ...Iraq is trying desperately to fix the system they have in place of budgeting. The article tells us the system has been an ongoing issue and needs to be fixed. It lists the issue involved and is very informative. I will tell everyone...The hold up of the budget is NOT about the RV...I can tell you for sure with 1000% assurance the hold up of the budget implementation is NOT due to waiting for the new RV rate.
12-24-2024 Intel Guru Frank26 IMO the lower denominations, the lower notes that will be passed out are now in the [Iraqi] banks, are now in the position ready to be handed over to the citizens...
12-24-2024 Intel Guru MarkZ [via PDK] Article: “EU: Iraq’s development path is an infrastructure for the entire region” This development road will be connecting ports and up through Turkey giving a safe export path for the European market. It is going to be vital for the entire region and for Europe. Think “International”.
12-23-2024 Intel Guru Frank26 The introduction of all these foreign currencies [to transact in for import/export] is the introduction of the international basket where [the dinar] will be paired and the new exchange rate will exist and grow. I'm excited because they're stopping the CBI auctions and replacing them with value for your currency to deal with other currencies that have their own value...
12-23-2024 Newshound Guru Clare Article: "Did non-oil revenues contribute to Iraq's budget?" Quote: "Advisor to the Prime Minister, Mazhar Mohammed Saleh, confirmed today, Saturday, that non-oil revenues have witnessed a significant change in their contribution to budget resources, while he indicated that the government program seeks to raise them to 20%."
12-23-2024 Newshound Guru Militia Man Article: "The path to develop unending oil" Quote: "The Development Road Project is one of the most important strategic projects that will enhance Iraq's position as a commercial link to the East and the West, describing it as the oil that never ends." Iraq's got a huge amount of oil. Massive amount of non-oil revenues, tourism, agriculture, add it all in and it's going to be the oil that never ends...
12-23-2024 Intel Guru MarkZ [via PDK] We did see rates pop up briefly again this weekend. Things are getting exciting. In Iraq we had $3.47 popping up on the forex sites and some currency sites over the weekend…Showing the IQD at $3.47. I wish I would have been sitting with a bank that was open and currency in hand when it popped. We were getting similar numbers from contractors that believe will be the rate for their contracts. It was exciting to see those rates popping up.
12-23-2024 Guru Nader From The Mid East I feel it's very very, we are very very very very close. Very close. Like very close guys. I feel like once they stop the auctions everybody is going to be happy about it. I think it's going to be stopping on the 28th...70% to 80% [chance].
12-23-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy said with this auction stopping the value would have to be added to stop the chance of a collapse of the currency. FRANK: That's brilliant simple words but so well said. Specific manicured words that defines it exactly...This is checkmate. There is no other move.
12-23-2024 Intel Guru MarkZ [via PDK] I feel good about this week. My Iraqi contacts are telling me that this is the ideal time to do it now that their government is going on break.
12-23-2024 Newshound Guru Jeff The second half of December was a very critical period to Iraq. Why? During the second half of December is when Iraq pauses and suspends their credit and lending practices which work off the value of the country's currency. If Iraq is going change the value of their currency, they would need to pause and suspend credit and lending practices. That's why it's important.
12-23-2024 Newshound Guru Clare Article: “The dollar market is on “one leg”.. A new mechanism and the exchange rate is threatened!" Quote: "The Central Bank of Iraq is preparing to stop dealing with the electronic platform for dollar transfers abroad, at a time when experts have warned against raising the exchange rate to a higher level in light of the news circulating about this...News has been raised about a move towards a new adjustment to the exchange rate, which has raised economists’ concerns about the potential impact of this move on the economic process in general."
12-23-2024 Newshound Guru Militia Man Iraq has been working to delete the zeros on many occasions. When they finally do, it will bring value and the dinar maybe stronger than the dollar like the indicators suggest, as does the project itself.
12-23-2024 Intel Guru Frank26 The banks are no longer saying it's a scam. The banks are now looking at us and their eyes are popping wide open and they're saying can we have your name and phone number please and then they pass that information up and the next thing you know those wealth management people are calling and saying, hey listen, you know I want to talk to you, I want to set an appointment, you have any question etc etc. You could have 5 cents in your account and they're calling you because they know who you are.
12-23-2024 Intel Guru yada ...the contractors received their exchanges, Iraq has removed all the corruption, ISIS, and now they have digital banking in the banks taking the control of the money out of the hands of the CBI. The amendment for the rate changes was done last weekend and the Iraqi people know the rate is changing AND the banks in Iraq are operating with the basket of currencies for international business as we speak.
12-23-2024 Intel Guru MarkZ [via PDK] I do have updates from different contractors and contractor groups. My personal friend over there says he will not give a rate as it would compromise the contracts. But I have heard from a couple others that the most common rate they are being told is $3.92 as they are redoing contracts. I do not know how accurate that is but thought it was worth sharing. I did hear it from a number of sources so it may be just circletel…but it does fit closely to what is expected. $3.92 would be awesome, but consider it a rumor for now.
12-23-2024 Newshound Guru Clare Article: "Did non-oil revenues contribute to Iraq's budget?" Quote: "Advisor to the Prime Minister, Mazhar Mohammed Saleh, confirmed today, Saturday, that non-oil revenues have witnessed a significant change in their contribution to budget resources, while he indicated that the government program seeks to raise them to 20%."
12-23-2024 Newshound Guru Militia Man Article: "The path to develop unending oil" Quote: "The Development Road Project is one of the most important strategic projects that will enhance Iraq's position as a commercial link to the East and the West, describing it as the oil that never ends." Iraq's got a huge amount of oil. Massive amount of non-oil revenues, tourism, agriculture, add it all in and it's going to be the oil that never ends...
12-23-2024 Intel Guru MarkZ [via PDK] We did see rates pop up briefly again this weekend. Things are getting exciting. In Iraq we had $3.47 popping up on the forex sites and some currency sites over the weekend…Showing the IQD at $3.47. I wish I would have been sitting with a bank that was open and currency in hand when it popped. We were getting similar numbers from contractors that believe will be the rate for their contracts. It was exciting to see those rates popping up.
12-23-2024 Guru Nader From The Mid East I feel it's very very, we are very very very very close. Very close. Like very close guys. I feel like once they stop the auctions everybody is going to be happy about it. I think it's going to be stopping on the 28th...70% to 80% [chance].
12-23-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy said with this auction stopping the value would have to be added to stop the chance of a collapse of the currency. FRANK: That's brilliant simple words but so well said. Specific manicured words that defines it exactly...This is checkmate. There is no other move.
12-23-2024 Intel Guru MarkZ [via PDK] I feel good about this week. My Iraqi contacts are telling me that this is the ideal time to do it now that their government is going on break.
12-23-2024 Newshound Guru Jeff The second half of December was a very critical period to Iraq. Why? During the second half of December is when Iraq pauses and suspends their credit and lending practices which work off the value of the country's currency. If Iraq is going change the value of their currency, they would need to pause and suspend credit and lending practices. That's why it's important.
12-23-2024 Newshound Guru Clare Article: “The dollar market is on “one leg”.. A new mechanism and the exchange rate is threatened!" Quote: "The Central Bank of Iraq is preparing to stop dealing with the electronic platform for dollar transfers abroad, at a time when experts have warned against raising the exchange rate to a higher level in light of the news circulating about this...News has been raised about a move towards a new adjustment to the exchange rate, which has raised economists’ concerns about the potential impact of this move on the economic process in general."
12-23-2024 Newshound Guru Militia Man Iraq has been working to delete the zeros on many occasions. When they finally do, it will bring value and the dinar maybe stronger than the dollar like the indicators suggest, as does the project itself.
12-23-2024 Intel Guru Frank26 The banks are no longer saying it's a scam. The banks are now looking at us and their eyes are popping wide open and they're saying can we have your name and phone number please and then they pass that information up and the next thing you know those wealth management people are calling and saying, hey listen, you know I want to talk to you, I want to set an appointment, you have any question etc etc. You could have 5 cents in your account and they're calling you because they know who you are.
12-23-2024 Intel Guru yada ...the contractors received their exchanges, Iraq has removed all the corruption, ISIS, and now they have digital banking in the banks taking the control of the money out of the hands of the CBI. The amendment for the rate changes was done last weekend and the Iraqi people know the rate is changing AND the banks in Iraq are operating with the basket of currencies for international business as we speak.
12-23-2024 Intel Guru MarkZ [via PDK] I do have updates from different contractors and contractor groups. My personal friend over there says he will not give a rate as it would compromise the contracts. But I have heard from a couple others that the most common rate they are being told is $3.92 as they are redoing contracts. I do not know how accurate that is but thought it was worth sharing. I did hear it from a number of sources so it may be just circletel…but it does fit closely to what is expected. $3.92 would be awesome, but consider it a rumor for now.
12-22-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy says the key will be to keep the inflation down once they stop the auctions and then the notes will pop and the rate. But auctions closing will force things. FRANK: Closing the auctions makes them obligated to give you a new exchange rate with lower notes to match it. FIREFLY: Mr. Sammy also says that by December 31st we could see that. So that means it could be before that. FRANK: Regardless whether it be in two weeks or two months it's happening. It's coming. We need to be ready...
12-22-2024 Newshound Guru Militia Man Article quote: "Sudani announced that non-oil revenues jump 14% after being 7%." That's a big jump everybody. What they're doing right now is they're making money, a lot of money...It looks like showtime is beginning. 100% increase of non-oil revenues is not a small thing, so it's big...Here again you see Iraq is doing what they said they're going to do...
12-22-2024 Newshound Guru Clare Article Quote: "Sudani confirmed that non-oil revenues reached 14 percent after they were 7 percent," indicating that "unemployment decreased from 16.5 to 14.4, and the poverty rate decreased from 23 percent to 17 percent."
12-22-2024 Newshound/Intel Guru Walkingstick The stopping of the auctions is the biggest clue you could have in your possession right now... That's the bullseye right smack dab in the middle of your forehead. They're going to hit this monetary reform.
12-22-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
They're saying that all non-oil revenues have now doubled. We used to have 90% of the budget of just oil revenues. Wow that's a big change...We needed to have more than oil. Wow! IMF always wanted us to diversify.
12-22-2024 Intel Guru MarkZ [via PDK] Member Bank story: When I went to the bank I always go to (Wells Fargo) in Minnesota …there used to be 4 seats for the waiting area …they have now beefed it up to 24 chairs and put these big screens on the wall for “education” for older people is what they told me. Then they made more booths –doubled them where people sit with a banker. The glass on the booths used to be about 2 feet high but now it goes up 8-9 feet high and sound proofed . It has never been busy…rarely saw people waiting…and they went from 2 ATM’s to 5 now. And the people in the teller area seem to have tripled. MarkZ: I see these changes and I get excited.
12-22-2024 Newshound Guru Samson Article: "Iraq announces a jump in its non-oil revenues" Quote: "Baghdad Prime Minister Mohammed Shia al-Sudani announced that non-oil revenues jumped to 14 percent after being 7 percent..."
12-22-2024 Newshound Guru Militia Man You have the accolades from the IMF, UN, Arab League. What you're seeing...is Iraq is ready to go international. That's my opinion. You can decide something different but that's what we're seeing...They've got the support of the largest entities in the world. Everybody realizes Iraq is about ready to do something and make changes.
12-22-2024 Newshound Guru Clare Article: "Masrour Barzani discusses regional developments with Trump's national security nominee" Quote: "the two sides discussed the latest developments in Iraq, the Kurdistan Region and the region in general, and stressed the importance of strengthening bilateral relations and joint work to maintain security and stability in the region."
12-22-2024 Intel Guru Frank26 The word 'shock' is not being just used freely. It is specific to what is about to happen to [the] monetary reform. Once those auctions stop, many Iraqi citizens will start to ask more questions. It will shock most of the citizens that don't know what's going on. It will shock parliament. It will shock the international markets as it travels in a basket. That shock wave that will restructure global finances and the American dollar will be put back on top as the ruler of all currencies on this planet. Mark my words.
12-22-2024 Intel Guru MarkZ [via PDK] “Warning of Iraq’s violation of the international will seeking change in the middle east” This is a terrible translation from Arabic to English. What they are saying is there is a huge movement in the world to have Iraq be the safe, secure, stable leader in the middle east. And what will they need? A new rate. The international world is pushing Iraq forward. To me this means a new rate sooner rather than later.
12-22-2024 Newshound/Intel Guru Mnt Goat ...we are almost there... According to my CBI contact the new elected US administration is now working with Iraq and has contacted Iraq and so this is also VERY GOOD news at this time. We must be patient and let the process play out... The process does not change only some events along the way to get there in Dr Shabibi’s plan to reinstate...there is one more step to the de-dollarization process and that is to get off the sole de facto peg to the US dollar. This step must take place and soon, VERY SOON! There is no longer a need for it...It’s time to bring the Iraqi dinar to the forefront.
Mr Sammy says the key will be to keep the inflation down once they stop the auctions and then the notes will pop and the rate. But auctions closing will force things. FRANK: Closing the auctions makes them obligated to give you a new exchange rate with lower notes to match it. FIREFLY: Mr. Sammy also says that by December 31st we could see that. So that means it could be before that. FRANK: Regardless whether it be in two weeks or two months it's happening. It's coming. We need to be ready...
12-22-2024 Newshound Guru Militia Man Article quote: "Sudani announced that non-oil revenues jump 14% after being 7%." That's a big jump everybody. What they're doing right now is they're making money, a lot of money...It looks like showtime is beginning. 100% increase of non-oil revenues is not a small thing, so it's big...Here again you see Iraq is doing what they said they're going to do...
12-22-2024 Newshound Guru Clare Article Quote: "Sudani confirmed that non-oil revenues reached 14 percent after they were 7 percent," indicating that "unemployment decreased from 16.5 to 14.4, and the poverty rate decreased from 23 percent to 17 percent."
12-22-2024 Newshound/Intel Guru Walkingstick The stopping of the auctions is the biggest clue you could have in your possession right now... That's the bullseye right smack dab in the middle of your forehead. They're going to hit this monetary reform.
12-22-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
They're saying that all non-oil revenues have now doubled. We used to have 90% of the budget of just oil revenues. Wow that's a big change...We needed to have more than oil. Wow! IMF always wanted us to diversify.
12-22-2024 Intel Guru MarkZ [via PDK] Member Bank story: When I went to the bank I always go to (Wells Fargo) in Minnesota …there used to be 4 seats for the waiting area …they have now beefed it up to 24 chairs and put these big screens on the wall for “education” for older people is what they told me. Then they made more booths –doubled them where people sit with a banker. The glass on the booths used to be about 2 feet high but now it goes up 8-9 feet high and sound proofed . It has never been busy…rarely saw people waiting…and they went from 2 ATM’s to 5 now. And the people in the teller area seem to have tripled. MarkZ: I see these changes and I get excited.
12-22-2024 Newshound Guru Samson Article: "Iraq announces a jump in its non-oil revenues" Quote: "Baghdad Prime Minister Mohammed Shia al-Sudani announced that non-oil revenues jumped to 14 percent after being 7 percent..."
12-22-2024 Newshound Guru Militia Man You have the accolades from the IMF, UN, Arab League. What you're seeing...is Iraq is ready to go international. That's my opinion. You can decide something different but that's what we're seeing...They've got the support of the largest entities in the world. Everybody realizes Iraq is about ready to do something and make changes.
12-22-2024 Newshound Guru Clare Article: "Masrour Barzani discusses regional developments with Trump's national security nominee" Quote: "the two sides discussed the latest developments in Iraq, the Kurdistan Region and the region in general, and stressed the importance of strengthening bilateral relations and joint work to maintain security and stability in the region."
12-22-2024 Intel Guru Frank26 The word 'shock' is not being just used freely. It is specific to what is about to happen to [the] monetary reform. Once those auctions stop, many Iraqi citizens will start to ask more questions. It will shock most of the citizens that don't know what's going on. It will shock parliament. It will shock the international markets as it travels in a basket. That shock wave that will restructure global finances and the American dollar will be put back on top as the ruler of all currencies on this planet. Mark my words.
12-22-2024 Intel Guru MarkZ [via PDK] “Warning of Iraq’s violation of the international will seeking change in the middle east” This is a terrible translation from Arabic to English. What they are saying is there is a huge movement in the world to have Iraq be the safe, secure, stable leader in the middle east. And what will they need? A new rate. The international world is pushing Iraq forward. To me this means a new rate sooner rather than later.
12-22-2024 Newshound/Intel Guru Mnt Goat ...we are almost there... According to my CBI contact the new elected US administration is now working with Iraq and has contacted Iraq and so this is also VERY GOOD news at this time. We must be patient and let the process play out... The process does not change only some events along the way to get there in Dr Shabibi’s plan to reinstate...there is one more step to the de-dollarization process and that is to get off the sole de facto peg to the US dollar. This step must take place and soon, VERY SOON! There is no longer a need for it...It’s time to bring the Iraqi dinar to the forefront.
12-21-2024 Intel Guru Frank26 [The Iraqi dinar] is a speculative investment. If you hear a date, if you hear a rate, those are just speculative IMO...
12-21-2024 Newshound Guru Samson Article: ”Iraq is facing a new era...reform or the arrival of the Americans"
12-21-2023 Newshound Guru Militia Man The writing is on the wall, Iraq's going to the private sector and we have to see where the pipeline's going to get started again, the oil, salary is going to get localized, they're going to need an exchange rate to take care of all those things, all those contracts, they're going to need a valuation of the country's true effective exchange rate...We're seeing it all right now in real-time. Will it happen in the next few days? Not sure but we're sure looking at some powerful information that we haven't seen before.
12-21-2024 Newshound Guru Jeff Many have asked, What's taking Iraq so long? Why haven't we seen the rate change? A lot of that is intertwined and connected to what's happening with the US government...
12-21-2024 Intel Guru MarkZ [via PDK] Question: What are your gut feelings about notifications going out? MarkZ: I have so many people telling me they could go out late tomorrow…. I feel it could go out anytime between now and the first.
12-21-2024 Newshound/Intel Guru Walkingstick You want to go to Chase [to exchange your Iraqi dinar]? Nah. Where you going to go? Aki. There's going to be thousands of those exchange centers all over the world. If Chase is going to make you wait 6 months I'm just gonna go to Aki's or the CBI's private banks...In Michigan there will be hundreds of them.
12-21-2024 Intel Guru Frank26 Sudani and the CBI defend the monetary reform because that is the security and the stability for the new exchange rate.
12-21-2024 Intel Guru Wolverine [via Judy Byington] The platforms are closing down right now...It looks like we are crossing the finish line...It’s all (allegedly) coming before Christmas.
12-21-2024 Newshound Guru Samson Article: "Al-Sudani: The citizen wants to see something realistic and is tired of promises"
12-21-2024 Newshound Guru Militia Man Article quote: "After getting rid of heavy burden of its debt, Iraq has transformed from a country indebted to other to a country that can be a creditor to others." Iraq is not going to be be in debt to others but they'll be one that can credit to others. Iraq's going to have a lot of money. Non-oil...oil...tourism revenues...are all in play.
12-21-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is talking about the dollar exchange. FRANK: of course they are. That's all they're going to talk to you about. FIREFLY: They're saying the dollar platform is about to stop. They're saying there's a shock that's coming when the platform stops. Then they're saying the dollar will rise because of the demand. We think they are warning to be careful not to use the dollar. That's crazy. We know the dinar will have to go up... FRANK: Yeah, because it's not going to be just 1 to 1 IMO. It'll be maybe a little more than 1 to 1 which means it has more value than the American dollar.
12-21-2024 Intel Guru MarkZ [via PDK] [Reference Mnt Goat post 12-20-24 down below] A change in the dinar rate breaks that parallel market…so to me with the mechanisms put in place yesterday…now they can pull the trigger.
12-21-2024 Newshound/Intel Guru Mnt Goat Do you realize how long we have been waiting for this news to get off the sole dollar in payments for imports and be done away with these corrupt currency auctions? Yes, Iraq is now officially out of the sanctioned mode of paying for imports...Can the news get any better (other than getting the RV of course…), WOW! WOW! WOW!. Yes, it’s DONE! ...I see this process moving ahead now very nicely.
12-21-2024 Newshound Guru Samson Article: ”Iraq is facing a new era...reform or the arrival of the Americans"
12-21-2023 Newshound Guru Militia Man The writing is on the wall, Iraq's going to the private sector and we have to see where the pipeline's going to get started again, the oil, salary is going to get localized, they're going to need an exchange rate to take care of all those things, all those contracts, they're going to need a valuation of the country's true effective exchange rate...We're seeing it all right now in real-time. Will it happen in the next few days? Not sure but we're sure looking at some powerful information that we haven't seen before.
12-21-2024 Newshound Guru Jeff Many have asked, What's taking Iraq so long? Why haven't we seen the rate change? A lot of that is intertwined and connected to what's happening with the US government...
12-21-2024 Intel Guru MarkZ [via PDK] Question: What are your gut feelings about notifications going out? MarkZ: I have so many people telling me they could go out late tomorrow…. I feel it could go out anytime between now and the first.
12-21-2024 Newshound/Intel Guru Walkingstick You want to go to Chase [to exchange your Iraqi dinar]? Nah. Where you going to go? Aki. There's going to be thousands of those exchange centers all over the world. If Chase is going to make you wait 6 months I'm just gonna go to Aki's or the CBI's private banks...In Michigan there will be hundreds of them.
12-21-2024 Intel Guru Frank26 Sudani and the CBI defend the monetary reform because that is the security and the stability for the new exchange rate.
12-21-2024 Intel Guru Wolverine [via Judy Byington] The platforms are closing down right now...It looks like we are crossing the finish line...It’s all (allegedly) coming before Christmas.
12-21-2024 Newshound Guru Samson Article: "Al-Sudani: The citizen wants to see something realistic and is tired of promises"
12-21-2024 Newshound Guru Militia Man Article quote: "After getting rid of heavy burden of its debt, Iraq has transformed from a country indebted to other to a country that can be a creditor to others." Iraq is not going to be be in debt to others but they'll be one that can credit to others. Iraq's going to have a lot of money. Non-oil...oil...tourism revenues...are all in play.
12-21-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is talking about the dollar exchange. FRANK: of course they are. That's all they're going to talk to you about. FIREFLY: They're saying the dollar platform is about to stop. They're saying there's a shock that's coming when the platform stops. Then they're saying the dollar will rise because of the demand. We think they are warning to be careful not to use the dollar. That's crazy. We know the dinar will have to go up... FRANK: Yeah, because it's not going to be just 1 to 1 IMO. It'll be maybe a little more than 1 to 1 which means it has more value than the American dollar.
12-21-2024 Intel Guru MarkZ [via PDK] [Reference Mnt Goat post 12-20-24 down below] A change in the dinar rate breaks that parallel market…so to me with the mechanisms put in place yesterday…now they can pull the trigger.
12-21-2024 Newshound/Intel Guru Mnt Goat Do you realize how long we have been waiting for this news to get off the sole dollar in payments for imports and be done away with these corrupt currency auctions? Yes, Iraq is now officially out of the sanctioned mode of paying for imports...Can the news get any better (other than getting the RV of course…), WOW! WOW! WOW!. Yes, it’s DONE! ...I see this process moving ahead now very nicely.
12-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Gazette number 4,805 was written and it is all about the amendment that they did in the budget...but it still has not been released to the public yet...
12-20-2024 Newshound Guru Militia Man Outside illicit trade have been warned about "SHOCKS"...The dollar auctions are going to cease and apparently within this year. They did say that is was not going to be specifically on any day. They suggested that timing was open, yet to be within this year. imo That could be anytime or any day they choose. Those that are not associated with a global correspondent bank or hooked up with system already have been warned all year long. It is on them now if they suffer losses. This shows there is no stopping Iraq's Monetary Reforms...
12-20-2024 Newshound/Intel Guru Walkingstick The IQD is being introduced to its basket members. These foreign currencies that are coming in through the contracts, some of them, if not most of them, will be playing the part in the float of the Middle East basket. Why is it that this basket is the next chapter in our study? Because the CBI auctions are ending on December the 31st of this year and there will be no restrictions on the Iraqi dinar on an international level as it was before ...This is article VIII compliance which allows them to stop the auctions...Once the float increases the international value of the Iraqi dinar it will start to pair to these currencies in this basket and IMO it will quickly rise in value due to the demand that we are seeing right now.
12-20-2024 Newshound Guru Kaperoni Article: "The Central Bank of Iraq decides to add the Saudi riyal and the Jordanian dinar"
12-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The CBI shut down 49 more companies. They were those that were the ones who were doing money laundering and that should be the final 5% that they've been talking to us about everyday. All day we hear from the IMF praising Iraq and even Sudani talking about us being stable and strong. It's all over here in Iraq. It looks like this all saying we are about to go international. FRANK: That is the key. That is the next step. Once we go international you won't need me no more. You are about to go with a new exchange rate, God willing.
12-20-2024 Newshound Guru Militia Man I think they have the blessing of the United States Treasury. I think Iraq has the blessing of the World Bank. I think Iraq has go the blessing of the Bank of International Settlements. And I got have the feeling the World Trade Organization is just waiting and biting their knuckles because they know the amount of money that's going to move through there is going to be unbelievable in trade...
12-20-2024 Guru Nader From The Mid East The thing I saw and made me very happy...When you see the Saudis coming with their money, now we can trade their monies, the UAE and all the Middle East countries, almost. Turkey, Saudis, Kuwait, Qatar. Now we can exchange our dinars with their dinars, durham, riyal, with anything like that. That's very big guys cuz the dollar...yuan Chinese, the euro is already there. Now we have all continental of Europe...Middle East...United States and now it's missing a little bit of Africa and we're done. Other ones like Canada does whatever the United States do. Australia same thing. That made me very happy. That mean soon we'll be in every bank in United States. It will be tradable. If it's tradable it's going to gain a lot of values and quick.
12-20-2024 Intel Guru MarkZ [via PDK] I sure hope my Iraqi contacts are accurate…sometime between now and the first of the year for a REER (Real Effective Exchange Rate). I do have redemption personnel who have been trained on exchanging currencies - specifically the currencies we hold - and they are expected to work this weekend. This is odd going into Christmas. I hope this means something besides just finishing up end of year things.
12-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
CBI is talking about expansion of money transfers to local new currencies...Mr. Sammy says it's the Jordanian dinar and the Saudi riyal and the Turkey currency and the Chinese yuan. FRANK: None of these countries have ever dealt with Iraq the way they are now because of the program rate. To me it proves we have a new rate or they wouldn't lift a finger to help Iraq.
12-20-2024 Intel Guru Bruce [via Wisernow] They wanted us to have this before Christmas...So let's hope that is the case...let's see what happens...
12-20-2024 Newshound/Intel Guru Mnt Goat This recent move with the correspondent banks should knock out the parallel market altogether first and put the dollar in line with the CBI “official” rate. This was needed first. Then the CBI plans to push out the new in-country CBI official rate we have been waiting for along with the project to delete the zeros. I just talked to my CBI contact...Wednesday and this is what I am told. We just have to sit tight and see what happens next. I wish I could tell you more positive news. Right now, this is a very sensitive time, things will be moving fast soon. I can’t think of better news at this time. [post 2 of 2]
12-20-2024 Newshound/Intel Guru Mnt Goat Article: “CENTRAL BANK GOVERNOR: OPENING EXTERNAL CHANNELS WITH FOREIGN CURRENCIES ELIMINATES THE BLACK MARKET” Central Bank Governor Ali Al-Alaq confirmed on Thursday that opening channels in foreign and Arab currencies achieves stability in the exchange rate and gradually eliminates the black market. We were told of the issue of the parallel market and my CBI contact told me that this had to come in par with the “official” CBI rate in order to make the in-country revaluation of the dinar possible, before the project to delete the zeros could occur. They said that the new correspondent bank procedure should eliminate the parallel market...The RV is going to happen, but first things first... [post 1 of 2....stay tuned]
Gazette number 4,805 was written and it is all about the amendment that they did in the budget...but it still has not been released to the public yet...
12-20-2024 Newshound Guru Militia Man Outside illicit trade have been warned about "SHOCKS"...The dollar auctions are going to cease and apparently within this year. They did say that is was not going to be specifically on any day. They suggested that timing was open, yet to be within this year. imo That could be anytime or any day they choose. Those that are not associated with a global correspondent bank or hooked up with system already have been warned all year long. It is on them now if they suffer losses. This shows there is no stopping Iraq's Monetary Reforms...
12-20-2024 Newshound/Intel Guru Walkingstick The IQD is being introduced to its basket members. These foreign currencies that are coming in through the contracts, some of them, if not most of them, will be playing the part in the float of the Middle East basket. Why is it that this basket is the next chapter in our study? Because the CBI auctions are ending on December the 31st of this year and there will be no restrictions on the Iraqi dinar on an international level as it was before ...This is article VIII compliance which allows them to stop the auctions...Once the float increases the international value of the Iraqi dinar it will start to pair to these currencies in this basket and IMO it will quickly rise in value due to the demand that we are seeing right now.
12-20-2024 Newshound Guru Kaperoni Article: "The Central Bank of Iraq decides to add the Saudi riyal and the Jordanian dinar"
12-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The CBI shut down 49 more companies. They were those that were the ones who were doing money laundering and that should be the final 5% that they've been talking to us about everyday. All day we hear from the IMF praising Iraq and even Sudani talking about us being stable and strong. It's all over here in Iraq. It looks like this all saying we are about to go international. FRANK: That is the key. That is the next step. Once we go international you won't need me no more. You are about to go with a new exchange rate, God willing.
12-20-2024 Newshound Guru Militia Man I think they have the blessing of the United States Treasury. I think Iraq has the blessing of the World Bank. I think Iraq has go the blessing of the Bank of International Settlements. And I got have the feeling the World Trade Organization is just waiting and biting their knuckles because they know the amount of money that's going to move through there is going to be unbelievable in trade...
12-20-2024 Guru Nader From The Mid East The thing I saw and made me very happy...When you see the Saudis coming with their money, now we can trade their monies, the UAE and all the Middle East countries, almost. Turkey, Saudis, Kuwait, Qatar. Now we can exchange our dinars with their dinars, durham, riyal, with anything like that. That's very big guys cuz the dollar...yuan Chinese, the euro is already there. Now we have all continental of Europe...Middle East...United States and now it's missing a little bit of Africa and we're done. Other ones like Canada does whatever the United States do. Australia same thing. That made me very happy. That mean soon we'll be in every bank in United States. It will be tradable. If it's tradable it's going to gain a lot of values and quick.
12-20-2024 Intel Guru MarkZ [via PDK] I sure hope my Iraqi contacts are accurate…sometime between now and the first of the year for a REER (Real Effective Exchange Rate). I do have redemption personnel who have been trained on exchanging currencies - specifically the currencies we hold - and they are expected to work this weekend. This is odd going into Christmas. I hope this means something besides just finishing up end of year things.
12-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
CBI is talking about expansion of money transfers to local new currencies...Mr. Sammy says it's the Jordanian dinar and the Saudi riyal and the Turkey currency and the Chinese yuan. FRANK: None of these countries have ever dealt with Iraq the way they are now because of the program rate. To me it proves we have a new rate or they wouldn't lift a finger to help Iraq.
12-20-2024 Intel Guru Bruce [via Wisernow] They wanted us to have this before Christmas...So let's hope that is the case...let's see what happens...
12-20-2024 Newshound/Intel Guru Mnt Goat This recent move with the correspondent banks should knock out the parallel market altogether first and put the dollar in line with the CBI “official” rate. This was needed first. Then the CBI plans to push out the new in-country CBI official rate we have been waiting for along with the project to delete the zeros. I just talked to my CBI contact...Wednesday and this is what I am told. We just have to sit tight and see what happens next. I wish I could tell you more positive news. Right now, this is a very sensitive time, things will be moving fast soon. I can’t think of better news at this time. [post 2 of 2]
12-20-2024 Newshound/Intel Guru Mnt Goat Article: “CENTRAL BANK GOVERNOR: OPENING EXTERNAL CHANNELS WITH FOREIGN CURRENCIES ELIMINATES THE BLACK MARKET” Central Bank Governor Ali Al-Alaq confirmed on Thursday that opening channels in foreign and Arab currencies achieves stability in the exchange rate and gradually eliminates the black market. We were told of the issue of the parallel market and my CBI contact told me that this had to come in par with the “official” CBI rate in order to make the in-country revaluation of the dinar possible, before the project to delete the zeros could occur. They said that the new correspondent bank procedure should eliminate the parallel market...The RV is going to happen, but first things first... [post 1 of 2....stay tuned]
12-19-2024 Intel Guru Frank26 It's important for you to understand Aki's banks are going to be following American International banking laws. It's not like you can take your dinars and deposit it in these private banks that will represent the CBI. No, because they have to follow American banking laws.
12-19-2024 Newshound Guru Militia Man Article quote: "It's proven by the reality of price stability and control of inflation and the price traded outside those channels is an abnormal price." They're driving it home that it's an abnormal illegal market and it's coming to a halt which is something we've been looking for. The expectation is, you change the value of the currency to be stronger than the dollar, anybody and everybody that is in that 5% [black market] is going to have a significant problem or they're just not going to make any more wonderful [illegal] money.
12-19-2024 Newshound/Intel Guru Fnu Lnu You WILL NOT have to go to Egypt, Syria, or Turkey to do your exchange. A large number of banks will be more than happy to help you with your exchange. They will be charging a nominal fee of 1% to 2%. I have it on reputable information that Wells Fargo and JPM Chase will spearhead this event. You can also go to a Currency Exchange... You may also use an off-premises exchange location commonly referred to as a Redemption Center. These are also banks who will have specialized offices with security guards and De La rue machines to validate and verify your currency and make the appropriate deposit in your own bank account or you may open an account at their bank. If you take this advice, you will exchange your Dinar effortlessly...
12-19-2024 Newshound Guru Clare Article: "Central Bank of Iraq expands foreign transfers with new currencies" Quote: "The Central Bank of Iraq announced the expansion of foreign transfer channels for local banks to include new currencies: the Jordanian dinar and the Saudi riyal, and allowing Iraqi banks to finance trade with Turkey in euros after it was previously limited to using
them with European Union countries, in addition to transfers available in US dollars, Emirati dirhams, Chinese yuan and Indian rupees. The bank explained that this step comes within its efforts to expand foreign trade financing options in various currencies and channels"
12-19-2024 Intel Guru Frank26 The lower notes are high high priority for security. Nobody sees them. Nobody knows where they're at. High, high priority. IMO our military guards them...Those lower notes are in position just like everything else is for the monetary reform to finish.
12-19-2024 Intel Guru MarkZ [via PDK] Article: “The Central Bank of Iraq decides to add the Saudi Ryal and the Jordinian dinar” I think this is the biggest story of the year. This story has me so excited. They are working on a smooth transition to this basket. These are the two biggest. Iraq said months ago they are going to base their currency on oil, resources, gold and a basket of other middle eastern countries currencies. This is how they are going to raise the value of the dinar. They are going to unpeg it from the USD and peg it to a basket of currency and their assets.
12-19-2024 Newshound Guru PompeyPeter Constitutionally Iraq has to open its budget before the start of next year. In other words, this year they got to open its budget. That is part of the constitutional law of Iraq. Failure to do so is big, big trouble. They will be coming after those responsible...Iraq has changed in the sense that there's a will to get this done. That is a huge difference...The winds have changed in Iraq have come about and they want to get this done. Sudani is a man of his word. He told the people this would be done this year.
12-19-2024 Newshound/Intel Guru Walkingstick They have no choice but to revalue their currency. The CBI and Sudani is now obligated to us [the United States]...They were told at this [Iraqi bank, money exchangers and contractor] meeting you will meet this obligation, or else. Or else what? We'll find you...close you down...bust you...remove you. We're that close to Sudani, if we don't like what you're doing you're out of here. Why do you think everything has changed since they came back from the United States Treasury? ...This was a meeting of demands...You're done using our dollars says Trump...
12-19-2024 Newshound Guru Militia Man Article: "International praise for the government's security and economic performance" What a report this is for Iraq...This a powerful message to the world that imo Iraq is ready now for to go fully international and at anytime now.
12-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy says when the auctions close we will be using the lower notes because they will be needed with added value. It will have to be out by then. So we wait for the end of the auctions. FRANK: It boils down to one thing. In order for you to get those lower notes is for the auctions to close...Mr. Sammy your boss is obligated to raise the value of your currency.
12-19-2024 Intel Guru Bruce [via Wisernow] Iraq has come out with a new rate on the dinar, and it was just a hair under $8 and it was in country rate, in country, being in Iraq... They paid out all the contractors that were military contractors and contractors that are construction contractors. They paid them all out back pay. They went all the way back to August, August, September, October, November and December were all paid out ...Monday morning, at 9am Iraq time at the new rate.
12-19-2024 Intel Guru MarkZ [via PDK] Article: “The President of the Republic, the under secretary of the Minister of Finance discuss the 2025 budget“ They are also telling us here that they expect a rate change before Jan. 1st. There is a lot of information hitting right now in Iraq. All the news is supporting a rate change before the end of the year.
12-19-2024 Newshound/Intel Guru Mnt Goat a HUGE change or transformation has occurred...a transformation of Iraq like no other they have ever experienced. It has come on the heels of being released from Chapter VII. ...I am in close contact with the CBI committee that is responsible for rolling out the Project to Delete the Zeros. I get weekly statuses that are telling us that Iraq is only moving ahead and not backwards. I am told it won’t be long.
12-19-2024 Newshound Guru Militia Man Article quote: "It's proven by the reality of price stability and control of inflation and the price traded outside those channels is an abnormal price." They're driving it home that it's an abnormal illegal market and it's coming to a halt which is something we've been looking for. The expectation is, you change the value of the currency to be stronger than the dollar, anybody and everybody that is in that 5% [black market] is going to have a significant problem or they're just not going to make any more wonderful [illegal] money.
12-19-2024 Newshound/Intel Guru Fnu Lnu You WILL NOT have to go to Egypt, Syria, or Turkey to do your exchange. A large number of banks will be more than happy to help you with your exchange. They will be charging a nominal fee of 1% to 2%. I have it on reputable information that Wells Fargo and JPM Chase will spearhead this event. You can also go to a Currency Exchange... You may also use an off-premises exchange location commonly referred to as a Redemption Center. These are also banks who will have specialized offices with security guards and De La rue machines to validate and verify your currency and make the appropriate deposit in your own bank account or you may open an account at their bank. If you take this advice, you will exchange your Dinar effortlessly...
12-19-2024 Newshound Guru Clare Article: "Central Bank of Iraq expands foreign transfers with new currencies" Quote: "The Central Bank of Iraq announced the expansion of foreign transfer channels for local banks to include new currencies: the Jordanian dinar and the Saudi riyal, and allowing Iraqi banks to finance trade with Turkey in euros after it was previously limited to using
them with European Union countries, in addition to transfers available in US dollars, Emirati dirhams, Chinese yuan and Indian rupees. The bank explained that this step comes within its efforts to expand foreign trade financing options in various currencies and channels"
12-19-2024 Intel Guru Frank26 The lower notes are high high priority for security. Nobody sees them. Nobody knows where they're at. High, high priority. IMO our military guards them...Those lower notes are in position just like everything else is for the monetary reform to finish.
12-19-2024 Intel Guru MarkZ [via PDK] Article: “The Central Bank of Iraq decides to add the Saudi Ryal and the Jordinian dinar” I think this is the biggest story of the year. This story has me so excited. They are working on a smooth transition to this basket. These are the two biggest. Iraq said months ago they are going to base their currency on oil, resources, gold and a basket of other middle eastern countries currencies. This is how they are going to raise the value of the dinar. They are going to unpeg it from the USD and peg it to a basket of currency and their assets.
12-19-2024 Newshound Guru PompeyPeter Constitutionally Iraq has to open its budget before the start of next year. In other words, this year they got to open its budget. That is part of the constitutional law of Iraq. Failure to do so is big, big trouble. They will be coming after those responsible...Iraq has changed in the sense that there's a will to get this done. That is a huge difference...The winds have changed in Iraq have come about and they want to get this done. Sudani is a man of his word. He told the people this would be done this year.
12-19-2024 Newshound/Intel Guru Walkingstick They have no choice but to revalue their currency. The CBI and Sudani is now obligated to us [the United States]...They were told at this [Iraqi bank, money exchangers and contractor] meeting you will meet this obligation, or else. Or else what? We'll find you...close you down...bust you...remove you. We're that close to Sudani, if we don't like what you're doing you're out of here. Why do you think everything has changed since they came back from the United States Treasury? ...This was a meeting of demands...You're done using our dollars says Trump...
12-19-2024 Newshound Guru Militia Man Article: "International praise for the government's security and economic performance" What a report this is for Iraq...This a powerful message to the world that imo Iraq is ready now for to go fully international and at anytime now.
12-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy says when the auctions close we will be using the lower notes because they will be needed with added value. It will have to be out by then. So we wait for the end of the auctions. FRANK: It boils down to one thing. In order for you to get those lower notes is for the auctions to close...Mr. Sammy your boss is obligated to raise the value of your currency.
12-19-2024 Intel Guru Bruce [via Wisernow] Iraq has come out with a new rate on the dinar, and it was just a hair under $8 and it was in country rate, in country, being in Iraq... They paid out all the contractors that were military contractors and contractors that are construction contractors. They paid them all out back pay. They went all the way back to August, August, September, October, November and December were all paid out ...Monday morning, at 9am Iraq time at the new rate.
12-19-2024 Intel Guru MarkZ [via PDK] Article: “The President of the Republic, the under secretary of the Minister of Finance discuss the 2025 budget“ They are also telling us here that they expect a rate change before Jan. 1st. There is a lot of information hitting right now in Iraq. All the news is supporting a rate change before the end of the year.
12-19-2024 Newshound/Intel Guru Mnt Goat a HUGE change or transformation has occurred...a transformation of Iraq like no other they have ever experienced. It has come on the heels of being released from Chapter VII. ...I am in close contact with the CBI committee that is responsible for rolling out the Project to Delete the Zeros. I get weekly statuses that are telling us that Iraq is only moving ahead and not backwards. I am told it won’t be long.
12-18-2024 Newshound Guru Samson Article: "Exchange rate rises in local markets as dollar selling platform in Iraq nears completion"
12-18-2024 Intel Guru Frank26 I will show you the thousands of places where Aki's type of bank will be. Those are the CBI private banks where you can exchange the IQD for whatever currency you want. If you're at a bank in Michigan it's converted to American dollars. If you're in Australia it's converted to Australian currency and so forth and so forth...For everybody outside of Iraq it will be super easy because of all of these exchange centers they are setting up.
12-18-2024 Newshound Guru Militia Man Saudi Arabia worked heavily to get Iraq ready to be able to have accession to the WTO. You haven't heard about that lately have you? Probably not. I haven't really either. The truth is it is ongoing in the background.
12-18-2024 Newshound Guru Sandy Ingram Iraqi banks outside of Iraq...when you visit one of these banks it may be easier to ask for the currency of the country you are in. You can then transfer the monies into your PayPal or bank account, whereas you would not be able to transfer the monies...using the Iraqi dinar...Then convert the currency once you're back in the United States into U.S. dollars.
12-18-2024 Intel Guru MarkZ [via PDK] I did speak with a redemption center/redeeming bank contact who said they are expecting to work this weekend. This was surprising…. He did not know if they are doing “year-end” stuff or something else. They were asked to bring laptops for some reason. Maybe some kind of training and they will be calling clients for wealth management or will it be redemption related? They do not know. Remember that redemption centers/redeeming banks are part of existing banks….and many people trained for our exchanges/redemptions work for those banks in Wealth management already. My contacts are trained by banks to exchange foreign currencies and they work in wealth management for the bank.
12-18-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV is talking about allowing electronic passports to the United States of America. Cities like Los Angeles and Michigan. They're saying there are large numbers of Iraqis in those two USA states...Iraqis in USA will have money to get back here...Maybe if they give us our money, these Iraqi citizens will be able to travel back to the country they left. We think this means something. FRANK: You're seeing it correctly. Sudani is reaching out brilliantly to the core of Iraqis that ran away back in 2003. Sudani is welcoming them back and making it easy for them with these passports...
12-18-2024 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] WAlKINGSTICK: How do you feel about Chase Bank being in your country? AKI: It's ok. We work with all kinds of banks. Chase is going to be the largest player in the exchange of the Iraqi dinar. Chase is very vital to our monetary reform success. Chase is not in Iraq to lose money.
12-18-2024 Newshound Guru Samson Article: "Get ready.. The exchange rate is about to rise again: The dollar selling platform will stop and “the shock is coming” "
12-18-2024 Newshound Guru Militia Man The dollar auctions are what's the problem. That's where the corruption is and that's about ready to go bye-bye because [Alaq] said he's getting rid of the black market. The things he's doing is naturally gradually getting it done. I think by changing the exchange rate with Article 12 in the Gazette, budget being exposed we're going to find out...They're not paying salaries and not reopening the oil after losing $20 billion to keep the exchange rate at 1310. That doesn't make sense to anybody...
12-18-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy told me the dollar auctions were the main and only thing that was holding down the value of the Iraqi dinar and now that Iraq has opened channels to the international countries for money transfers and when the black market of the dollar auction closes it will allow the value of our currency to go up. FRANK: I agree with him 100%...The stoppage of the auctions is the key to everything. All of the other dominoes are going to fall one after the other at a very fast pace...Sudani is working very hard to make sure that he closes the auctions with everything in place in order to give you purchasing power he promised you...
12-18-2024 Intel Guru MarkZ [via PDK] I am getting more rumors on rates. Two more contractors believes it will be in the $3.92 range. The one I have most confidence is still staying quiet on the rate. He says “Yes we had meetings, and are negotiating rates”- but nothing more.
12-18-2024 Newshound/Intel Guru Mnt Goat I am told by my CBI contact that if it is successful after monitoring for inflation, then if all is good, the CBI will launch the Project to Delete the Zeros and we know what comes next. They will have too also launch the new peg of the IQD to the new basket of currencies. Are you happy yet?
12-18-2024 Intel Guru Frank26 I will show you the thousands of places where Aki's type of bank will be. Those are the CBI private banks where you can exchange the IQD for whatever currency you want. If you're at a bank in Michigan it's converted to American dollars. If you're in Australia it's converted to Australian currency and so forth and so forth...For everybody outside of Iraq it will be super easy because of all of these exchange centers they are setting up.
12-18-2024 Newshound Guru Militia Man Saudi Arabia worked heavily to get Iraq ready to be able to have accession to the WTO. You haven't heard about that lately have you? Probably not. I haven't really either. The truth is it is ongoing in the background.
12-18-2024 Newshound Guru Sandy Ingram Iraqi banks outside of Iraq...when you visit one of these banks it may be easier to ask for the currency of the country you are in. You can then transfer the monies into your PayPal or bank account, whereas you would not be able to transfer the monies...using the Iraqi dinar...Then convert the currency once you're back in the United States into U.S. dollars.
12-18-2024 Intel Guru MarkZ [via PDK] I did speak with a redemption center/redeeming bank contact who said they are expecting to work this weekend. This was surprising…. He did not know if they are doing “year-end” stuff or something else. They were asked to bring laptops for some reason. Maybe some kind of training and they will be calling clients for wealth management or will it be redemption related? They do not know. Remember that redemption centers/redeeming banks are part of existing banks….and many people trained for our exchanges/redemptions work for those banks in Wealth management already. My contacts are trained by banks to exchange foreign currencies and they work in wealth management for the bank.
12-18-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV is talking about allowing electronic passports to the United States of America. Cities like Los Angeles and Michigan. They're saying there are large numbers of Iraqis in those two USA states...Iraqis in USA will have money to get back here...Maybe if they give us our money, these Iraqi citizens will be able to travel back to the country they left. We think this means something. FRANK: You're seeing it correctly. Sudani is reaching out brilliantly to the core of Iraqis that ran away back in 2003. Sudani is welcoming them back and making it easy for them with these passports...
12-18-2024 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] WAlKINGSTICK: How do you feel about Chase Bank being in your country? AKI: It's ok. We work with all kinds of banks. Chase is going to be the largest player in the exchange of the Iraqi dinar. Chase is very vital to our monetary reform success. Chase is not in Iraq to lose money.
12-18-2024 Newshound Guru Samson Article: "Get ready.. The exchange rate is about to rise again: The dollar selling platform will stop and “the shock is coming” "
12-18-2024 Newshound Guru Militia Man The dollar auctions are what's the problem. That's where the corruption is and that's about ready to go bye-bye because [Alaq] said he's getting rid of the black market. The things he's doing is naturally gradually getting it done. I think by changing the exchange rate with Article 12 in the Gazette, budget being exposed we're going to find out...They're not paying salaries and not reopening the oil after losing $20 billion to keep the exchange rate at 1310. That doesn't make sense to anybody...
12-18-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy told me the dollar auctions were the main and only thing that was holding down the value of the Iraqi dinar and now that Iraq has opened channels to the international countries for money transfers and when the black market of the dollar auction closes it will allow the value of our currency to go up. FRANK: I agree with him 100%...The stoppage of the auctions is the key to everything. All of the other dominoes are going to fall one after the other at a very fast pace...Sudani is working very hard to make sure that he closes the auctions with everything in place in order to give you purchasing power he promised you...
12-18-2024 Intel Guru MarkZ [via PDK] I am getting more rumors on rates. Two more contractors believes it will be in the $3.92 range. The one I have most confidence is still staying quiet on the rate. He says “Yes we had meetings, and are negotiating rates”- but nothing more.
12-18-2024 Newshound/Intel Guru Mnt Goat I am told by my CBI contact that if it is successful after monitoring for inflation, then if all is good, the CBI will launch the Project to Delete the Zeros and we know what comes next. They will have too also launch the new peg of the IQD to the new basket of currencies. Are you happy yet?
12-17-2024 Intel Guru Frank26 Do you think the Iraqi dinar has anything to do with Trump's changes for the Middle East? What makes the world go round? What makes the Iraqi dinar new exchange rate powerful? Let's see, three hours after he became elected he calls Sudani and he sends a team over there to talk about...oil.
12-17-2024 Intel Guru MarkZ [via PDK] Praying we get it before Christmas…but if not - it’s really close. I hope the rumors are right and its days- not weeks.
12-17-2024 Newshound Guru Militia Man Iraq has massive amount of assets... Article: "After the great achievement Iraq efforts to cover a third of the general budget of tourism imports" What are we talking about? Non-oil revenue stream. This is big you guys. Its impact is going to be a massive boom for Iraq. That's a lot of money...In the past it's been 95% of oil pays for all the budget. This article is telling you they're going to cover a third of the general budget with tourism revenue.
12-17-2024 Newshound Guru Breitling [Syrian government overthrowing and reduced Iranian control] opens up the door for Iraq to be a little bit more independent. They need to add value to their currency. They need a strong currency to be independent and international.
12-17-2024 Newshound Guru Clare Article: “Get ready.. The exchange rate is set to rise again: The dollar selling platform will stop and 'the shock is coming' " Quote: "There are real fears in the Iraqi market of the continued rise in the dollar exchange rate after the Central Bank of Iraq stopped working on the platform," indicating that "this matter will constitute a shock, especially at the beginning of implementing the decision and will lead to a rise in the dollar, to increase demand for it in the parallel market..."
12-17-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Secretary of State Blinken who just left Baghdad after meeting with Sudani said he was amazed at what's going on here in Iraq. He's been over here off and on for the last 20 years and never seen the new construction and airport updates and the movements of cars like we now have. He left very impressed. FRANK: Who cares what Blinken has to say. I only care what Trump and Sudani are about to do.
12-17-2024 Intel Guru MarkZ [via PDK] A number of my contacts think it’s absolutely this week…some think not until the 3rd or 4th week of January. But the majority still think its this week. We hope they are accurate.
12-17-2024 Newshound/Intel Guru Walkingstick [Iraqi Bank Friend Akupdate] The USD is what the currency use to maintain the value of the IQD. The USD value on the world stage has drawn down the value of many currencies over the last few years. That is about to cease. Hence, Iraq moving toward a basket...The USD at auction has always been a means for the profiteering and smuggling of the USD outside of Iraq...Money transfers are a fact. They have no restriction on your currency. In country all payments in IQD only. Remittances, payments and transfers only with IQD value.
12-17-2024 Intel Guru yada Comment: I have this amazing feeling that something wonderful is going to happen today... yada: I have the same Feeling... The number of representatives going to Iraq were there to see one thing, the beginning of Iraq going international. The amendment for article 12 to give value to their contracts was put in the Gazette and the people are to see the rate change In their salaries.
12-17-2024 Newshound Guru Militia Man [Budget] Article 12-c...hasn't been exposed to us quite yet. That's what we're looking for I hope...Item 4805 was published in The Gazette and yet to be opened to the public to see. All of this is looking to be a part of the mechanism that is likely to have already established that 'mechanism' for the suitable basis for pricing. That would be an exchange rate. That is what we're waiting to see...
12-17-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
We are hearing another gazette is missing from the publication. They say it's number 485. They say it was completed but it is not published publicly yet. We thinking it's because it has the article 12 items related to it... FRANK: Article 12 is the introduction of a restricted free currency with no sanction to the international world. It does not mean it has to have value but it means that it can leave your borders and gain value in an international basket. Everything is set up so perfect.
12-17-2024 Newshound Guru Kaperoni Question: Getting closer to an increase in value for the dinar? Kaperoni: Next year will be interesting since they plan to end the currency auctions.
12-17-2024 Intel Guru MarkZ [via PDK] it's [the dinar] kinda half way trading on forex…it’s getting a little exciting as we are starting to see fluctuations. First step is to lift sanctions. But now that it’s in place the value could jump quickly. They are laying the groundwork.
12-17-2024 Intel Guru MarkZ [via PDK] Praying we get it before Christmas…but if not - it’s really close. I hope the rumors are right and its days- not weeks.
12-17-2024 Newshound Guru Militia Man Iraq has massive amount of assets... Article: "After the great achievement Iraq efforts to cover a third of the general budget of tourism imports" What are we talking about? Non-oil revenue stream. This is big you guys. Its impact is going to be a massive boom for Iraq. That's a lot of money...In the past it's been 95% of oil pays for all the budget. This article is telling you they're going to cover a third of the general budget with tourism revenue.
12-17-2024 Newshound Guru Breitling [Syrian government overthrowing and reduced Iranian control] opens up the door for Iraq to be a little bit more independent. They need to add value to their currency. They need a strong currency to be independent and international.
12-17-2024 Newshound Guru Clare Article: “Get ready.. The exchange rate is set to rise again: The dollar selling platform will stop and 'the shock is coming' " Quote: "There are real fears in the Iraqi market of the continued rise in the dollar exchange rate after the Central Bank of Iraq stopped working on the platform," indicating that "this matter will constitute a shock, especially at the beginning of implementing the decision and will lead to a rise in the dollar, to increase demand for it in the parallel market..."
12-17-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Secretary of State Blinken who just left Baghdad after meeting with Sudani said he was amazed at what's going on here in Iraq. He's been over here off and on for the last 20 years and never seen the new construction and airport updates and the movements of cars like we now have. He left very impressed. FRANK: Who cares what Blinken has to say. I only care what Trump and Sudani are about to do.
12-17-2024 Intel Guru MarkZ [via PDK] A number of my contacts think it’s absolutely this week…some think not until the 3rd or 4th week of January. But the majority still think its this week. We hope they are accurate.
12-17-2024 Newshound/Intel Guru Walkingstick [Iraqi Bank Friend Akupdate] The USD is what the currency use to maintain the value of the IQD. The USD value on the world stage has drawn down the value of many currencies over the last few years. That is about to cease. Hence, Iraq moving toward a basket...The USD at auction has always been a means for the profiteering and smuggling of the USD outside of Iraq...Money transfers are a fact. They have no restriction on your currency. In country all payments in IQD only. Remittances, payments and transfers only with IQD value.
12-17-2024 Intel Guru yada Comment: I have this amazing feeling that something wonderful is going to happen today... yada: I have the same Feeling... The number of representatives going to Iraq were there to see one thing, the beginning of Iraq going international. The amendment for article 12 to give value to their contracts was put in the Gazette and the people are to see the rate change In their salaries.
12-17-2024 Newshound Guru Militia Man [Budget] Article 12-c...hasn't been exposed to us quite yet. That's what we're looking for I hope...Item 4805 was published in The Gazette and yet to be opened to the public to see. All of this is looking to be a part of the mechanism that is likely to have already established that 'mechanism' for the suitable basis for pricing. That would be an exchange rate. That is what we're waiting to see...
12-17-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
We are hearing another gazette is missing from the publication. They say it's number 485. They say it was completed but it is not published publicly yet. We thinking it's because it has the article 12 items related to it... FRANK: Article 12 is the introduction of a restricted free currency with no sanction to the international world. It does not mean it has to have value but it means that it can leave your borders and gain value in an international basket. Everything is set up so perfect.
12-17-2024 Newshound Guru Kaperoni Question: Getting closer to an increase in value for the dinar? Kaperoni: Next year will be interesting since they plan to end the currency auctions.
12-17-2024 Intel Guru MarkZ [via PDK] it's [the dinar] kinda half way trading on forex…it’s getting a little exciting as we are starting to see fluctuations. First step is to lift sanctions. But now that it’s in place the value could jump quickly. They are laying the groundwork.
12-16-2024 Intel Guru Frank26 The banks that we communicate with are well prepared. In fact for over two week they have been preparing for clients like you [Iraqi citizens] and me...Sudani is moving at a quick pace. All American banks and all CBI private banks are ready to make the successful transaction from the three zero notes to the new lower notes with the new exchange rate. Iraqi banks have also been readied.
12-16-2024 Intel Guru MarkZ [via PDK] Question: Do we have to pay transaction fees when we exchange at redemption centers. MarkZ: I was told that one of the biggest reasons to go to a redeeming bank/exchange center is that you will get access to your money right away and also all fees are already done. This will give you the best rate as possible.
12-16-2024 Newshound Guru Clare Article: “Ministry of Transport announces that the completion rate of the development road project designs has increased to 63 percent" Quote: "The Ministry of Transport announced...the completion rates of the strategic development road project, which is scheduled to open in 2029...The completion rates for the detailed designs phase of the railway line reached 64% and the land route 60%, while the cumulative completion rates for the detailed designs of the project reached 63%."
12-16-2024 Newshound Guru Samson Article: "Al-Alaq sets date for announcing final results of general population and housing census"
12-16-2024 Newshound Guru Sandy Ingram A trade surplus generally increases the value of a currency due to higher demand, while a trade deficit tends to weaken it because of increased supply...The relationship between import and export costs and currency value is driven by the supply and demand dynamics in international currency markets - Forex. Iraq's plans for income outside of the oil industry hopefully can eliminate any potential imbalances in imports and exports. Even...the United States is striving to balance the import and export revenues. When you hear [Trump] saying, let's make the country great again, what he is actually saying is, we should decrease imports and increase exports. And we will decrease the imports by adding tariffs to imported goods.
12-16-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy just told me when Iraq cancels the auctions and the change over occurs to the dinar, that's actually a process of the revaluation. FRANK: That is the last step in the process...The question is, when will this happen? In my strong opinion this is based on the ending of the auction on December 31, 2024 then January 1, 2025 should be a start. Of course you know this is the Middle East so I'm not offering you a date. You know the Iranian politicians in Iraq are doing everything to stop it. If this event wasn't real, they wouldn't be stopping it...
12-16-2024 Intel Guru MarkZ [via PDK] “Our economy and banks in 2025” This is an ongoing theme in Iraq. We saw similar articles right before Kuwait revalued their currency. Iraq is in a phenomenal position compared to the rest of the world. I understand why Jaimie Dimon called Iraq the “Economic savior of the world”.
12-16-2024 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] AKI: My bank represents the CBI. It represents my boss Sudani. We will give you hundreds of these private bank sites that will represent the CBI. They are not going to be hard to find. You will see them all over in many different areas especially close to banks...
12-16-2024 Newshound Guru Militia Man Article quote: "Tomorrow the opening of the electronic passport system in American cities of Los Angeles and Detroit..." What's that mean? We have some big populations of Iraqis in those communities ...On the 16th they're going to allow you to get a passport electronically. There's going to be a lot of Iraqis that have Iraqi dinar just like we do. When that purchasing power comes...they're going to have purchasing power. That's why Sudani and other have been hoping they could repatriate those people...to help that money they have come back home and invest...The electronic passport system...in coordination with the Ministry of Foreign Affairs is a big deal...Is there any coincidences? I don't think so. There are no coincidences.
12-16-2024 Intel Guru MarkZ [via PDK] Question: is this our week Mark? MarkZ: There is an excellent chance that it is...hopefully I will have an update by this evening. Something is going to change because they are looking at “changed rates” on contracts and what they will be getting paid and how. I do know for certain there have been negotiations over a new rate. So rate is about to change or they would not have negotiated it. There are some pretty excited people in Iraq.
12-16-2024 Intel Guru Frank26 You know how many times that makes that Sudani told the citizens that he's going to keep his solemn oath promise to give them purchasing power? You know how many times he has said that? This is the ninth time...Why would Sudani be a habitual informer to the citizens that he's going to keep his promise of giving them purchasing power through a new exchange rate by lifting the three zeros off their exchange rate and introduce lower notes? Why would Sudani do that so many times?
12-16-2024 Newshound Guru Clare Article: "Interior Ministry: Tomorrow, the opening of the electronic passport systems in the American cities of Los Angeles and Detroit" Quote: "The Directorate of Civil Status, Passports and Residence would like to inform citizens regarding the campaign to open the electronic passport system outside the country to be available to Iraqis residing abroad."
12-16-2024 Newshound Guru Samson Article: "Interior Ministry: Tomorrow, the opening of the electronic passport systems in the American cities of Los Angeles and Detroit"
12-16-2024 Newshound/Intel Guru Mnt Goat Why did the CBI decide to wait until the end of their fiscal year to do it? Hint..Hint..could it be under the direction of Dr Shabibi they also told us the most opportune time to conduct a substantial revaluation is at the beginning of a fiscal year? Their fiscal year begins January 1st... Also I then back up with my conversation I had...with my CBI contact that told me her committee to switch out the notes still intends to go forward with the process of deleting the zeros at this same time period also. Coincidental? ...We can only pray that this new process to begin at the end of 2024 will bring success for Iraq... [Post 2 of 2]
12-16-2024 Newshound/Intel Guru Mnt Goat My CBI contact has told me that if the switch over of the currency, better known as the Project to Delete the Zeros, was not connected with a revaluation, then Iraq would have completed it a very long time ago. They would not have to wait. It does not take a rocket scientists to see that a one dinar note etc., etc. would be worthless without a revaluation to coincide...we can now see why they delay in doing the Project to Delete the Zeros... when will this next move occur...So, we are coming very close to the switch over from the currency auctions to the international process of currency exchanges to operate in Iraq. [Post 1 of 2....stay tuned]
12-16-2024 Intel Guru yada Folks, just because we hadn't gotten the release yet, doesn't mean that it's not happening in Iraq. 140+ delegate have left, the celebration at the Port Faw taking place and the contractors were paid.
12-16-2024 Intel Guru MarkZ [via PDK] Question: Do we have to pay transaction fees when we exchange at redemption centers. MarkZ: I was told that one of the biggest reasons to go to a redeeming bank/exchange center is that you will get access to your money right away and also all fees are already done. This will give you the best rate as possible.
12-16-2024 Newshound Guru Clare Article: “Ministry of Transport announces that the completion rate of the development road project designs has increased to 63 percent" Quote: "The Ministry of Transport announced...the completion rates of the strategic development road project, which is scheduled to open in 2029...The completion rates for the detailed designs phase of the railway line reached 64% and the land route 60%, while the cumulative completion rates for the detailed designs of the project reached 63%."
12-16-2024 Newshound Guru Samson Article: "Al-Alaq sets date for announcing final results of general population and housing census"
12-16-2024 Newshound Guru Sandy Ingram A trade surplus generally increases the value of a currency due to higher demand, while a trade deficit tends to weaken it because of increased supply...The relationship between import and export costs and currency value is driven by the supply and demand dynamics in international currency markets - Forex. Iraq's plans for income outside of the oil industry hopefully can eliminate any potential imbalances in imports and exports. Even...the United States is striving to balance the import and export revenues. When you hear [Trump] saying, let's make the country great again, what he is actually saying is, we should decrease imports and increase exports. And we will decrease the imports by adding tariffs to imported goods.
12-16-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy just told me when Iraq cancels the auctions and the change over occurs to the dinar, that's actually a process of the revaluation. FRANK: That is the last step in the process...The question is, when will this happen? In my strong opinion this is based on the ending of the auction on December 31, 2024 then January 1, 2025 should be a start. Of course you know this is the Middle East so I'm not offering you a date. You know the Iranian politicians in Iraq are doing everything to stop it. If this event wasn't real, they wouldn't be stopping it...
12-16-2024 Intel Guru MarkZ [via PDK] “Our economy and banks in 2025” This is an ongoing theme in Iraq. We saw similar articles right before Kuwait revalued their currency. Iraq is in a phenomenal position compared to the rest of the world. I understand why Jaimie Dimon called Iraq the “Economic savior of the world”.
12-16-2024 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] AKI: My bank represents the CBI. It represents my boss Sudani. We will give you hundreds of these private bank sites that will represent the CBI. They are not going to be hard to find. You will see them all over in many different areas especially close to banks...
12-16-2024 Newshound Guru Militia Man Article quote: "Tomorrow the opening of the electronic passport system in American cities of Los Angeles and Detroit..." What's that mean? We have some big populations of Iraqis in those communities ...On the 16th they're going to allow you to get a passport electronically. There's going to be a lot of Iraqis that have Iraqi dinar just like we do. When that purchasing power comes...they're going to have purchasing power. That's why Sudani and other have been hoping they could repatriate those people...to help that money they have come back home and invest...The electronic passport system...in coordination with the Ministry of Foreign Affairs is a big deal...Is there any coincidences? I don't think so. There are no coincidences.
12-16-2024 Intel Guru MarkZ [via PDK] Question: is this our week Mark? MarkZ: There is an excellent chance that it is...hopefully I will have an update by this evening. Something is going to change because they are looking at “changed rates” on contracts and what they will be getting paid and how. I do know for certain there have been negotiations over a new rate. So rate is about to change or they would not have negotiated it. There are some pretty excited people in Iraq.
12-16-2024 Intel Guru Frank26 You know how many times that makes that Sudani told the citizens that he's going to keep his solemn oath promise to give them purchasing power? You know how many times he has said that? This is the ninth time...Why would Sudani be a habitual informer to the citizens that he's going to keep his promise of giving them purchasing power through a new exchange rate by lifting the three zeros off their exchange rate and introduce lower notes? Why would Sudani do that so many times?
12-16-2024 Newshound Guru Clare Article: "Interior Ministry: Tomorrow, the opening of the electronic passport systems in the American cities of Los Angeles and Detroit" Quote: "The Directorate of Civil Status, Passports and Residence would like to inform citizens regarding the campaign to open the electronic passport system outside the country to be available to Iraqis residing abroad."
12-16-2024 Newshound Guru Samson Article: "Interior Ministry: Tomorrow, the opening of the electronic passport systems in the American cities of Los Angeles and Detroit"
12-16-2024 Newshound/Intel Guru Mnt Goat Why did the CBI decide to wait until the end of their fiscal year to do it? Hint..Hint..could it be under the direction of Dr Shabibi they also told us the most opportune time to conduct a substantial revaluation is at the beginning of a fiscal year? Their fiscal year begins January 1st... Also I then back up with my conversation I had...with my CBI contact that told me her committee to switch out the notes still intends to go forward with the process of deleting the zeros at this same time period also. Coincidental? ...We can only pray that this new process to begin at the end of 2024 will bring success for Iraq... [Post 2 of 2]
12-16-2024 Newshound/Intel Guru Mnt Goat My CBI contact has told me that if the switch over of the currency, better known as the Project to Delete the Zeros, was not connected with a revaluation, then Iraq would have completed it a very long time ago. They would not have to wait. It does not take a rocket scientists to see that a one dinar note etc., etc. would be worthless without a revaluation to coincide...we can now see why they delay in doing the Project to Delete the Zeros... when will this next move occur...So, we are coming very close to the switch over from the currency auctions to the international process of currency exchanges to operate in Iraq. [Post 1 of 2....stay tuned]
12-16-2024 Intel Guru yada Folks, just because we hadn't gotten the release yet, doesn't mean that it's not happening in Iraq. 140+ delegate have left, the celebration at the Port Faw taking place and the contractors were paid.
12-15-2024 Intel Guru Frank26 As we get close to walk through this [RV/RI/Rate change] door I want you to remember that there will always be cockroaches in the crawl space. There will always be cockroaches in the government of Iraq. There will always be troublemakers. You will always see eruptions. You'll always see the Super Man Sudani with a big S on his chest that will put those volcanoes out...
12-15-2024 Newshound Guru Clare Article: "Iraq on the map of change .. Expert: Expected international decisions will be taken before Trump's arrival" Quote: "The unannounced visit of the US Secretary of State is to complete the upcoming changes in Iraq. There is international and UN movement towards Iraq, and for this reason the new phase will witness major changes on the internal level, as Iraq is part of the change in the map of the new Middle East."
12-15-2024 Intel Guru MarkZ [via PDK] Article: “Iraq within the map of change: Specialist-Upcoming international decisions will be taken before the arrival of Trump” They want to make sure everything is finished before Trump takes office. There is a massive push as they want to be allies and very strong.
12-15-2024 Newshound Guru Samson Article: "US, KUWAIT DEMAND IRAQ TO 'RESPECT' INTERNATIONAL AGREEMENTS"
12-15-2024 Newshound Guru Sandy Ingram Iran is trying to get their hands on Iraq's $100 million US dollars in the federal reserve bank in New York City...This is why many Iraqis say this is [Sudani as PM's] last go round. This has been going on for several months...Do not get comfortable with the progress Iraq is making. There may be a few steps backward and then a lot of steps forward. The tear in the country is showing. Parliament went on winter break without resolving some very very serious issues...
12-15-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
US Secretary of State is here on surprise visit. He's proclaiming how secure and stable we are in the region. FRANK: Don't even waste your time with him. Treat him like you do parliament. Trump sent the people he wanted already and the reason why is because of the success of your monetary reform...
12-15-2024 Newshound/Intel Guru Walkingstick The auctions were for the purpose to maintain the exchange rate of the Iraqi dinar. For no other reason, period, end of story. So there will be no more foreign currency? No more USD? Then what else are they going to use? The lower notes.
12-15-2024 Newshound Guru Clare Article: "Blinken: I was amazed when I arrived in Baghdad by the construction in Iraq and the vitality of the capital" Quote: "US Secretary of State Anthony Blinken expressed his astonishment today, Saturday, after his recent visit to Baghdad, at the construction in Iraq and the vitality in the capital, while indicating that the Iraqi people deserve this development."
12-15-2024 Newshound Guru Samson Article: "Blinken: I was amazed when I arrived in Baghdad by the construction in Iraq and the vitality of the capital"
12-15-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV talks about 140 ambassadors from around the world and the IMF and the World Bank are arriving is Basra. They're saying for a historic event. That's where the ports are with the development project. They're saying to us this will link Iraq with international world...All these people are coming for a three day event...
12-15-2024 Intel Guru Bruce [via WiserNow] We did hear that the Iraqi Dinar is trading and is in a trading range 4.00 to 4.20 in Iraq as an in country rate now... Now our rates at the redemption Center are totally different and much higher...our contract rate on the dinar in the redemption center only...
12-15-2024 Intel Guru MarkZ [via PDK] Comment: I believe Iraq has revalued in country and budget, etc passed. We're just waiting for our turn...it's coming... MarkZ: I believe it has as well. Maybe that is why some of my best Iraqi contacts are not saying anything but they suddenly have dollars (dinars?).
12-15-2024 Newshound Guru Clare Article: "Iraq on the map of change .. Expert: Expected international decisions will be taken before Trump's arrival" Quote: "The unannounced visit of the US Secretary of State is to complete the upcoming changes in Iraq. There is international and UN movement towards Iraq, and for this reason the new phase will witness major changes on the internal level, as Iraq is part of the change in the map of the new Middle East."
12-15-2024 Intel Guru MarkZ [via PDK] Article: “Iraq within the map of change: Specialist-Upcoming international decisions will be taken before the arrival of Trump” They want to make sure everything is finished before Trump takes office. There is a massive push as they want to be allies and very strong.
12-15-2024 Newshound Guru Samson Article: "US, KUWAIT DEMAND IRAQ TO 'RESPECT' INTERNATIONAL AGREEMENTS"
12-15-2024 Newshound Guru Sandy Ingram Iran is trying to get their hands on Iraq's $100 million US dollars in the federal reserve bank in New York City...This is why many Iraqis say this is [Sudani as PM's] last go round. This has been going on for several months...Do not get comfortable with the progress Iraq is making. There may be a few steps backward and then a lot of steps forward. The tear in the country is showing. Parliament went on winter break without resolving some very very serious issues...
12-15-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
US Secretary of State is here on surprise visit. He's proclaiming how secure and stable we are in the region. FRANK: Don't even waste your time with him. Treat him like you do parliament. Trump sent the people he wanted already and the reason why is because of the success of your monetary reform...
12-15-2024 Newshound/Intel Guru Walkingstick The auctions were for the purpose to maintain the exchange rate of the Iraqi dinar. For no other reason, period, end of story. So there will be no more foreign currency? No more USD? Then what else are they going to use? The lower notes.
12-15-2024 Newshound Guru Clare Article: "Blinken: I was amazed when I arrived in Baghdad by the construction in Iraq and the vitality of the capital" Quote: "US Secretary of State Anthony Blinken expressed his astonishment today, Saturday, after his recent visit to Baghdad, at the construction in Iraq and the vitality in the capital, while indicating that the Iraqi people deserve this development."
12-15-2024 Newshound Guru Samson Article: "Blinken: I was amazed when I arrived in Baghdad by the construction in Iraq and the vitality of the capital"
12-15-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV talks about 140 ambassadors from around the world and the IMF and the World Bank are arriving is Basra. They're saying for a historic event. That's where the ports are with the development project. They're saying to us this will link Iraq with international world...All these people are coming for a three day event...
12-15-2024 Intel Guru Bruce [via WiserNow] We did hear that the Iraqi Dinar is trading and is in a trading range 4.00 to 4.20 in Iraq as an in country rate now... Now our rates at the redemption Center are totally different and much higher...our contract rate on the dinar in the redemption center only...
12-15-2024 Intel Guru MarkZ [via PDK] Comment: I believe Iraq has revalued in country and budget, etc passed. We're just waiting for our turn...it's coming... MarkZ: I believe it has as well. Maybe that is why some of my best Iraqi contacts are not saying anything but they suddenly have dollars (dinars?).
12-14-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani gave a big speech and he talked about how very very serious his government is about increasing the citizens' purchasing power. He said Iraq has reached a historical time for financial increase. He talked about how stable we are. FRANK: Now that he has told you again for the 9th time, allow me to say this to you...Start your countdown!
12-14-2024 Newshound Guru Clare Article: "Why will Iraq become one of Trump's 'priorities' in the coming period? - Urgent" Quote “Trump is planning major changes in the Middle East region, and therefore the region is entering a new phase, and Iraq will be at the forefront of these changes in terms of the security and economic reality."
12-14-2024 Newshound Guru Samson Article: "UN Mission: Iraq has proven to the world that it is capable of overcoming challenges and building the future"
12-14-2024 Intel Guru MarkZ [via PDK] We sure hope it’s this weekend…things have sure gotten interesting...I got some reports from contacts in Iraq that they now have a lot more money than they used to have…but they won’t say how or why…just that they have a lot more money than they had. They had told me they had expected to exchange sometime around Victory Day on Dec 10th. But they will not tell me where their sudden wealth has come from. I think things have started at the upper levels in Iraq. I am pretty excited.
12-14-2024 Newshound Guru Pimpy No it's not going to jump to floating right away. That's not going to happen. They can't afford for the currency to crash. They can't afford for the economy to crash...It's doesn't mean they're not going to get to a floating one sooner or later but not right away...
12-14-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Those guys from the CBI say we don't need those auctions, they're bad. It's going to allow us to be able to control the market and remove the black market. FRANK: You have security and stability.
12-14-2024 Newshound Guru Militia Man So many things converging is phenomenal...I think this is a time where that if you're not involved and if you're just sitting on the sidelines and paying attention from afar, it's time to come on in, check it out, see what's happening...
12-14-2024 Intel Guru Wolverine [via Judy Byington] I am under NDA, so I cannot talk about specific platforms...What I can tell is that we are ready! We are ready and Reno has been given the GREEN light. This is official from what I have been told. This is from a person at the redemption center. Things are ready to roll...Just get ready... Some people say banks are closed on Saturday and Sunday, but it does not matter, it goes through the QFS and it can go any day, banks open or not. QFS is open 24/7. It can be done on any day. ... This IS IT... It could happen today...We are going to have a MERRY CHRISTMAS!
12-14-2024 Newshound/Intel Guru Walkingstick There will be purchasing power. Article 12 means no restrictions. No sanctions. No auctions. All those equals no three zero notes. There's only one way for this to turn out...
12-14-2024 Newshound Guru Clare Article: "An "unannounced" visit and a surprise landing in Baghdad.. Blinken to Al-Sudani: We are committed to supporting Iraq" Quote: "Blinken referred to the pivotal role of Iraq, and stressed that it represents a key partner in the region, and the importance of consulting with it on the current developments witnessed in the region, and that the members of the international coalition are committed to the security, sovereignty and stability of Iraq"
12-14-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
CBI on TV talking about the dollar auctions are bad but as of today the CBI has started new mechanism for money transfers... FRANK: This is monetary reform education - boom - boom - boom - boom. With all the lies [out there], the whole team is coming out and telling you Iraqi citizens, relax. FIREFLY: The salaries of October, November and December will be paid to the Kurds as soon as possible. Then they talked about a 15-day period that started on November the 28th in which the dollar auctions will end. That put the date as this Sunday the 15th...
12-14-2024 Intel Guru MarkZ [via PDK] in Iraq: “Central Bank governor opening foreign channels to foreign currencies eliminates the black market” they are talking about partnering with neighboring countries and carry more of a “basket of currencies” so they do not need the US dollar for trade. Including Jordan, Saudi Arabia, and different countries around them. They want to split the value of the Iraqi dinar based on gold, oil, reserves and a basket of partnering currencies. This should mean a much higher value for the Iraqi dinar. They are making “real world moves” to support the value of their currency.
12-14-2024 Intel Guru Bruce [via WiserNow] Now, what we have heard most recently...because things have changed...my Intel has changed, but what we're hearing is that we are going to have an amazing weekend...The most recent information is that all the releases would be on Saturday...so I'm looking at our day to get notified...on Saturday. So the main thing is, half of this battle is getting the numbers, setting our appointments and then It's a done deal – we’re able to move forward with our exchanges as soon as we can...We're hearing we're going to have a super fantastic weekend...
12-14-2024 Newshound Guru Clare Article: "Why will Iraq become one of Trump's 'priorities' in the coming period? - Urgent" Quote “Trump is planning major changes in the Middle East region, and therefore the region is entering a new phase, and Iraq will be at the forefront of these changes in terms of the security and economic reality."
12-14-2024 Newshound Guru Samson Article: "UN Mission: Iraq has proven to the world that it is capable of overcoming challenges and building the future"
12-14-2024 Intel Guru MarkZ [via PDK] We sure hope it’s this weekend…things have sure gotten interesting...I got some reports from contacts in Iraq that they now have a lot more money than they used to have…but they won’t say how or why…just that they have a lot more money than they had. They had told me they had expected to exchange sometime around Victory Day on Dec 10th. But they will not tell me where their sudden wealth has come from. I think things have started at the upper levels in Iraq. I am pretty excited.
12-14-2024 Newshound Guru Pimpy No it's not going to jump to floating right away. That's not going to happen. They can't afford for the currency to crash. They can't afford for the economy to crash...It's doesn't mean they're not going to get to a floating one sooner or later but not right away...
12-14-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Those guys from the CBI say we don't need those auctions, they're bad. It's going to allow us to be able to control the market and remove the black market. FRANK: You have security and stability.
12-14-2024 Newshound Guru Militia Man So many things converging is phenomenal...I think this is a time where that if you're not involved and if you're just sitting on the sidelines and paying attention from afar, it's time to come on in, check it out, see what's happening...
12-14-2024 Intel Guru Wolverine [via Judy Byington] I am under NDA, so I cannot talk about specific platforms...What I can tell is that we are ready! We are ready and Reno has been given the GREEN light. This is official from what I have been told. This is from a person at the redemption center. Things are ready to roll...Just get ready... Some people say banks are closed on Saturday and Sunday, but it does not matter, it goes through the QFS and it can go any day, banks open or not. QFS is open 24/7. It can be done on any day. ... This IS IT... It could happen today...We are going to have a MERRY CHRISTMAS!
12-14-2024 Newshound/Intel Guru Walkingstick There will be purchasing power. Article 12 means no restrictions. No sanctions. No auctions. All those equals no three zero notes. There's only one way for this to turn out...
12-14-2024 Newshound Guru Clare Article: "An "unannounced" visit and a surprise landing in Baghdad.. Blinken to Al-Sudani: We are committed to supporting Iraq" Quote: "Blinken referred to the pivotal role of Iraq, and stressed that it represents a key partner in the region, and the importance of consulting with it on the current developments witnessed in the region, and that the members of the international coalition are committed to the security, sovereignty and stability of Iraq"
12-14-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
CBI on TV talking about the dollar auctions are bad but as of today the CBI has started new mechanism for money transfers... FRANK: This is monetary reform education - boom - boom - boom - boom. With all the lies [out there], the whole team is coming out and telling you Iraqi citizens, relax. FIREFLY: The salaries of October, November and December will be paid to the Kurds as soon as possible. Then they talked about a 15-day period that started on November the 28th in which the dollar auctions will end. That put the date as this Sunday the 15th...
12-14-2024 Intel Guru MarkZ [via PDK] in Iraq: “Central Bank governor opening foreign channels to foreign currencies eliminates the black market” they are talking about partnering with neighboring countries and carry more of a “basket of currencies” so they do not need the US dollar for trade. Including Jordan, Saudi Arabia, and different countries around them. They want to split the value of the Iraqi dinar based on gold, oil, reserves and a basket of partnering currencies. This should mean a much higher value for the Iraqi dinar. They are making “real world moves” to support the value of their currency.
12-14-2024 Intel Guru Bruce [via WiserNow] Now, what we have heard most recently...because things have changed...my Intel has changed, but what we're hearing is that we are going to have an amazing weekend...The most recent information is that all the releases would be on Saturday...so I'm looking at our day to get notified...on Saturday. So the main thing is, half of this battle is getting the numbers, setting our appointments and then It's a done deal – we’re able to move forward with our exchanges as soon as we can...We're hearing we're going to have a super fantastic weekend...
12-13-2024 Intel Guru Frank26 [via Geothermal] If anybody lives in Idaho you may want to consider this place. Idaho Central Credit Union - ICCU...they have 60 branches and they have some also in the eastern part of the state of Washington. They charge you $10 to exchange...From $1 to whatever...They exchange foreign currency. [Dinar Guru Note: The official CBI rate of the Iraqi dinar has not changed. You can always see the official rate in the left column of this page.]
12-13-2024 Newshound Guru Militia Man There's still some people out there that just don't want Iraq to move forward because the status quo, the way it's going, they're making nothing but money by stealing money by the government...
12-13-2024 Newshound Guru Clare Article: "Baghdad chosen as the Arab Tourism Capital for 2025" Quote: "The Iraqi Ministry of Foreign Affairs announced ...the Arab Tourism Organization has chosen Baghdad as the capital of Arab tourism for the year 2025."
12-13-2024 Newshound Guru Samson Article "Iraq is the second Arab country and the ninth in the world in terms of natural resources"
12-13-2024 Intel Guru Frank26 With our contacts with private banks in and outside of Iraq they're all telling us they are extremely busy. They're all telling us that they're getting ready for you [Iraqi citizens].
12-13-2024 Intel Guru MarkZ [via PDK] “Why will Iraq become one of Trump’s priorities in the coming period?” Trump wants to work with Iraq to support stability and security. What do you guys think the reason is Trump wants Iraq safe and secure??? Lol Could it be a revaluation?
12-13-2024 Newshound Guru Pimpy There's no redemption centers. None whatsoever. No one can prove to you there a redemption center.
12-13-2024 Newshound Guru Tishwash Article: "Why will Iraq become one of Trump's "priorities" in the coming period? - Urgent" Quote: "Trump is planning major changes in the Middle East region, and therefore the region is entering a new phase, and Iraq will be at the forefront of these changes in terms of the security and economic reality."
12-13-2024 Newshound Guru Militia Man ...December 15, I believe remittance auctions will cease...That may be the last you see of the dollar auctions...They're pushing towards getting rid of the illegal market smuggling... Article quote: "Advisor to the Prime Minister Saleh confirmed again...that tightening the control over suspicious financial transfers reduces manipulation of the exchange rate and the stability of the national currency..." Cessation of these auctions of the dollar and the illegal trade, it's going to do wonders. That's their focus and they're not deviating...
12-13-2024 Intel Guru Frank26 Parliament is so angry right now because they don't have the ability to steal like they used to. It's called profiteering. If the politicians cannot profiteer anymore off the currency, off of the exchange rate through the CBI, through the auctions, what are they going to do? Only two options - get lost or get along. The majority have decided to get along but they have lost some. They're just stubborn people...Politicians that realize they have no more power in parliament are leaving...Bye Sadr.
12-13-2024 Intel Guru MarkZ [via PDK] They told us 2 weeks ago that the banking reforms were 95% complete and they expected it to be done within the next 2 weeks. So this may be an exciting weekend.
12-13-2024 Newshound/Intel Guru Mnt Goat As we get closer to the end of the currency auctions and switchover to the new international system at the end of the year...we read multiple articles on this subject matter. According to my CBI source...this is all part of a news campaign to inform the citizens to justify these very near at-hand changes to the currency auction system...We can clearly see there are crooked politicians that do not want this change in the currency auctions to occur...But for Iraq it is time to shake the shackles of the sanctions, which by the way, have been over since December 2022...To progress further we know that Iraq must changeover their currency and when they do it part of the process is the revaluation.
12-13-2024 Newshound Guru Militia Man There's still some people out there that just don't want Iraq to move forward because the status quo, the way it's going, they're making nothing but money by stealing money by the government...
12-13-2024 Newshound Guru Clare Article: "Baghdad chosen as the Arab Tourism Capital for 2025" Quote: "The Iraqi Ministry of Foreign Affairs announced ...the Arab Tourism Organization has chosen Baghdad as the capital of Arab tourism for the year 2025."
12-13-2024 Newshound Guru Samson Article "Iraq is the second Arab country and the ninth in the world in terms of natural resources"
12-13-2024 Intel Guru Frank26 With our contacts with private banks in and outside of Iraq they're all telling us they are extremely busy. They're all telling us that they're getting ready for you [Iraqi citizens].
12-13-2024 Intel Guru MarkZ [via PDK] “Why will Iraq become one of Trump’s priorities in the coming period?” Trump wants to work with Iraq to support stability and security. What do you guys think the reason is Trump wants Iraq safe and secure??? Lol Could it be a revaluation?
12-13-2024 Newshound Guru Pimpy There's no redemption centers. None whatsoever. No one can prove to you there a redemption center.
12-13-2024 Newshound Guru Tishwash Article: "Why will Iraq become one of Trump's "priorities" in the coming period? - Urgent" Quote: "Trump is planning major changes in the Middle East region, and therefore the region is entering a new phase, and Iraq will be at the forefront of these changes in terms of the security and economic reality."
12-13-2024 Newshound Guru Militia Man ...December 15, I believe remittance auctions will cease...That may be the last you see of the dollar auctions...They're pushing towards getting rid of the illegal market smuggling... Article quote: "Advisor to the Prime Minister Saleh confirmed again...that tightening the control over suspicious financial transfers reduces manipulation of the exchange rate and the stability of the national currency..." Cessation of these auctions of the dollar and the illegal trade, it's going to do wonders. That's their focus and they're not deviating...
12-13-2024 Intel Guru Frank26 Parliament is so angry right now because they don't have the ability to steal like they used to. It's called profiteering. If the politicians cannot profiteer anymore off the currency, off of the exchange rate through the CBI, through the auctions, what are they going to do? Only two options - get lost or get along. The majority have decided to get along but they have lost some. They're just stubborn people...Politicians that realize they have no more power in parliament are leaving...Bye Sadr.
12-13-2024 Intel Guru MarkZ [via PDK] They told us 2 weeks ago that the banking reforms were 95% complete and they expected it to be done within the next 2 weeks. So this may be an exciting weekend.
12-13-2024 Newshound/Intel Guru Mnt Goat As we get closer to the end of the currency auctions and switchover to the new international system at the end of the year...we read multiple articles on this subject matter. According to my CBI source...this is all part of a news campaign to inform the citizens to justify these very near at-hand changes to the currency auction system...We can clearly see there are crooked politicians that do not want this change in the currency auctions to occur...But for Iraq it is time to shake the shackles of the sanctions, which by the way, have been over since December 2022...To progress further we know that Iraq must changeover their currency and when they do it part of the process is the revaluation.
12-12-2024 Intel Guru Frank26 Question: "Have you heard how long we will have to exchange?" We have head from [Our boots on the ground Firefly] and our people there that it looks like it's going to be 10 years for you to exchange your currency back.
12-12-2024 Newshound Guru Militia Man The hold up for the last three months lies in the budget, in my view Article 12. Is that the key? Is that the Rosetta Stone? It sure looks really good. If that key is what we're looking and that article 12 happens to be specifically related to the exchange rate, I think everybody in the world is paying attention.
12-12-2024 Intel Guru MarkZ [via PDK] “Iraq is second in the Arab world and ninth in the world for possession of natural resources.” Wow - 9th in the world - yet there currency isn’t worth much? Iraq can clearly support a substantial increase in the value of the dinar.
12-12-2024 Newshound Guru Samson Article: "Governor of the Central Bank of Iraq receives a delegation from the International Finance Corporation"
12-12-2024 Newshound/Intel Guru Walkingstick The auctions...were the reason why the purchasing power of Iraq's currency was being bled out of the country and out of the hand of the citizens. Those auctions needed to be stopped, changed and eventually metamorphosed into an auction that is usable with foreign currency and the Iraqi dinar in their country. They've accomplished all of this...
12-12-2024 Intel Guru Frank26 Chase Bank has its talons locked in to the monetary reform by the jugular vein and it's not going to let go. When you go to them and you say, 'But you said it was a scam?' They'll look the other way and they won't give a shit...Chase is going to play a vital role, a major role in the monetary reform of the Iraqi dinar...
12-12-2024 Newshound Guru Breitling [Syrian government overthrowing and reduced Iranian control] We have to see what Iraq does because that offer is still on the table for Iraq to be part of western markets...It's a big deal because they don't have to follow the leader [Iran] anymore...That influence is gone...There's a huge opportunity for Iraq here. We have to see how it all shakes out.
12-12-2024 Intel Guru MarkZ [via PDK] There are roughly 140 ambassadors descending on Iraq this weekend. Let’s hope they are there for a reason. This weekend is positioned for some great possibilities.
12-12-2024 Intel Guru Wolverine [via Judy Byington] The banks are ready to go. Oil Reform is complete and get ready. ... We are nearly there. It may begin today, or tomorrow when Trump rings the bell at the Stock Exchange. We are about to cross that finish line. Just get ready everyone...
12-12-2024 Intel Guru Frank26 What was it that we needed in order to bring forth the new exchange rate and the new lower notes? Security and stability, Dr. Shabibi made it very clear to the whole world, we need security and stability. Do you think Iraq is secure and stable now...in order to bring forth the monetary reforms, new exchange rate and lower notes? Yes.
12-12-2024 Newshound Guru Militia Man There's 140 ambassadors already started arriving for a celebration in Basra. For what? A historic event inclusive, UNESCO, UNICEF, the World Bank, deputy ambassadors, etc etc. Why would they all be there? For what? Because they're going to showcase, for all the investors. What are they going to showcase? Iraq's basically sounding like they're going to open to the world. I don't know about you but I'm really excited! I've been white knuckling it for a few days. Let's watch what they do, let's watch what they say...
12-12-2024 Newshound Guru Samson Article: ”A historic event in Basra.. More than 140 ambassadors in the province to see its reality - Urgent"
12-12-2024 Newshound/Intel Guru Mnt Goat “THE TURNING POINT: IRAQ’S LEAP INTO THE DIGITAL ECONOMY” This is...a shift towards better financial inclusion... Iraq’s transition to digital payments will unlock a range of economic benefits and I am told by my CBI contact that this is the precursor to the Project to Delete the Zeros...and the plan to end the currency auctions of using dollars to electronic transactions by the end of the 2024...in about 3 weeks... We...look forward to the initiation of the Project to Delete the Zeros, if in fact the CBI does intend to reinstate the dinar back on FOREX... Let’s all keep an eye for what happens when Iraq finally makes this huge transition away from using purely cash to all digital.
12-12-2024 Intel Guru MarkZ [via PDK] I have gotten another report from another Iraq contractor saying that they are due to renegotiate rates on their contracts with the government of Iraq this week. So I am going to say that the rumors out there with contractors are true at this point. I am definitely hearing that a number of contractors are negotiating rates on contracts in the low $3 range. This has me exceptionally excited.
12-12-2024 Newshound Guru Militia Man The hold up for the last three months lies in the budget, in my view Article 12. Is that the key? Is that the Rosetta Stone? It sure looks really good. If that key is what we're looking and that article 12 happens to be specifically related to the exchange rate, I think everybody in the world is paying attention.
12-12-2024 Intel Guru MarkZ [via PDK] “Iraq is second in the Arab world and ninth in the world for possession of natural resources.” Wow - 9th in the world - yet there currency isn’t worth much? Iraq can clearly support a substantial increase in the value of the dinar.
12-12-2024 Newshound Guru Samson Article: "Governor of the Central Bank of Iraq receives a delegation from the International Finance Corporation"
12-12-2024 Newshound/Intel Guru Walkingstick The auctions...were the reason why the purchasing power of Iraq's currency was being bled out of the country and out of the hand of the citizens. Those auctions needed to be stopped, changed and eventually metamorphosed into an auction that is usable with foreign currency and the Iraqi dinar in their country. They've accomplished all of this...
12-12-2024 Intel Guru Frank26 Chase Bank has its talons locked in to the monetary reform by the jugular vein and it's not going to let go. When you go to them and you say, 'But you said it was a scam?' They'll look the other way and they won't give a shit...Chase is going to play a vital role, a major role in the monetary reform of the Iraqi dinar...
12-12-2024 Newshound Guru Breitling [Syrian government overthrowing and reduced Iranian control] We have to see what Iraq does because that offer is still on the table for Iraq to be part of western markets...It's a big deal because they don't have to follow the leader [Iran] anymore...That influence is gone...There's a huge opportunity for Iraq here. We have to see how it all shakes out.
12-12-2024 Intel Guru MarkZ [via PDK] There are roughly 140 ambassadors descending on Iraq this weekend. Let’s hope they are there for a reason. This weekend is positioned for some great possibilities.
12-12-2024 Intel Guru Wolverine [via Judy Byington] The banks are ready to go. Oil Reform is complete and get ready. ... We are nearly there. It may begin today, or tomorrow when Trump rings the bell at the Stock Exchange. We are about to cross that finish line. Just get ready everyone...
12-12-2024 Intel Guru Frank26 What was it that we needed in order to bring forth the new exchange rate and the new lower notes? Security and stability, Dr. Shabibi made it very clear to the whole world, we need security and stability. Do you think Iraq is secure and stable now...in order to bring forth the monetary reforms, new exchange rate and lower notes? Yes.
12-12-2024 Newshound Guru Militia Man There's 140 ambassadors already started arriving for a celebration in Basra. For what? A historic event inclusive, UNESCO, UNICEF, the World Bank, deputy ambassadors, etc etc. Why would they all be there? For what? Because they're going to showcase, for all the investors. What are they going to showcase? Iraq's basically sounding like they're going to open to the world. I don't know about you but I'm really excited! I've been white knuckling it for a few days. Let's watch what they do, let's watch what they say...
12-12-2024 Newshound Guru Samson Article: ”A historic event in Basra.. More than 140 ambassadors in the province to see its reality - Urgent"
12-12-2024 Newshound/Intel Guru Mnt Goat “THE TURNING POINT: IRAQ’S LEAP INTO THE DIGITAL ECONOMY” This is...a shift towards better financial inclusion... Iraq’s transition to digital payments will unlock a range of economic benefits and I am told by my CBI contact that this is the precursor to the Project to Delete the Zeros...and the plan to end the currency auctions of using dollars to electronic transactions by the end of the 2024...in about 3 weeks... We...look forward to the initiation of the Project to Delete the Zeros, if in fact the CBI does intend to reinstate the dinar back on FOREX... Let’s all keep an eye for what happens when Iraq finally makes this huge transition away from using purely cash to all digital.
12-12-2024 Intel Guru MarkZ [via PDK] I have gotten another report from another Iraq contractor saying that they are due to renegotiate rates on their contracts with the government of Iraq this week. So I am going to say that the rumors out there with contractors are true at this point. I am definitely hearing that a number of contractors are negotiating rates on contracts in the low $3 range. This has me exceptionally excited.
12-11-2024 Intel Guru Frank26 Sudani controls the exchange rate - Sudani controls the exchange rate. That's five words. Memorize those words.
12-11-2024 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] Aki wants us to know there are a lot of rumors...He believes because of these rumors Sudani has something up his sleeve...The CBI is the boss of the currency of Iraq. Sudani is the owner of it. He wants to make sure it's distributed properly...Sudani and the CBI can create an operational budget that does not have to be approved by parliament, therefor superseding the needed laws for Sudani and the budget.
12-11-2024 Newshound Guru Pimpy Community comment: "They've said themselves [the dinar] is going to be stronger than the dollar. JP Morgan Chase's CEO said Iraq is going to be the savior of the world." That's a lie. He never said that. Nobody can show me any proof in any articles or any lecture in which he said Iraq is going to be the savior of the world. Show me where the CEO JP Morgan said that Iraq is going to be the savior...They've never made that statement, not ever. That's a lie that's been going on for quite some time.
12-11-2024 Newshound Guru Clare Article: "Iran Abandons Iraqi Factions: Does This Mean the End of Iranian Influence in Iraq? Iran disavows support for Iraqi factions: The end of Iranian influence?" Quote: "In a move that sparked widespread controversy within Iraqi circles, the American website “Media Line” revealed that Iran informed the leaders of the Iraqi armed factions that it is unable to provide them with any kind of support if they are targeted inside Iraq. These statements, which come at a sensitive time, open the door to questions about the future of the relationship between Iran and its allies in Iraq"
12-11-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
They are saying to us on the TV that Iraq is stable and secure and saying it's important to continue with these international relationships.
12-11-2024 Intel Guru MarkZ [via PDK] I am hearing that we are about to see Maliki’s removal from the political scene in Iraq. And completely removing Iranian influence...AND AN RV. This is what some very excited folks in Iraq shared with me this morning...which makes me feel exceptionally good. I believe we are about to see Sudani’s opposition disappear…Maliki is the one who has been backstabbing and stalling things.
12-11-2024 Newshound/Intel Guru Walkingstick Politicians...that is the only reason we have not seen the new exchange rate yet...Parliament is trying to continually stop what Sudani has promised the citizens of Iraq. Whether it be by the end of this year or the beginning of next year, that promise has to be met and kept...Sudani will arrest as many and all of these parliament politicians that have been going against...the citizens of Iraq. He will not only arrest them but put their faces on television. The citizens will know each and every one of them...
12-11-2024 Newshound Guru Militia Man If you change the value of the currency to come back to a previous era, which they specifically said they're going to do...Sudani said a few time the dinar is going to be stronger than the dollar, that's going to be a shock to some people especially if you're in the parallel market...
12-11-2024 Intel Guru Frank26 If we had the laws by the 10th what would that give us? What would that give Sudani? It would give us the budget...The only way to complete the budget is by passing the budget law, the investment laws and all the laws associated with it. Do we have the budget? No. That means we don't have the laws...Parliament finish those laws because you give me those laws, that's it, you bust open the piñata, there's candy all over the place even for you! You don't have to steal it!
12-11-2024 Newshound Guru Tishwash Article: "UN Mission: Iraq has proven to the world that it is capable of overcoming challenges and building the future" Quote: "Iraq has proven to the world that it is capable, with the solidarity of its people, of overcoming challenges and creating a brighter and more prosperous future for all its citizens."
12-11-2024 Intel Guru MarkZ Victory Day [December 10th] has been awesome for us. It appears it's like somebody popped the cork out and everything started moving. It's exciting.
12-11-2024 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] Aki wants us to know there are a lot of rumors...He believes because of these rumors Sudani has something up his sleeve...The CBI is the boss of the currency of Iraq. Sudani is the owner of it. He wants to make sure it's distributed properly...Sudani and the CBI can create an operational budget that does not have to be approved by parliament, therefor superseding the needed laws for Sudani and the budget.
12-11-2024 Newshound Guru Pimpy Community comment: "They've said themselves [the dinar] is going to be stronger than the dollar. JP Morgan Chase's CEO said Iraq is going to be the savior of the world." That's a lie. He never said that. Nobody can show me any proof in any articles or any lecture in which he said Iraq is going to be the savior of the world. Show me where the CEO JP Morgan said that Iraq is going to be the savior...They've never made that statement, not ever. That's a lie that's been going on for quite some time.
12-11-2024 Newshound Guru Clare Article: "Iran Abandons Iraqi Factions: Does This Mean the End of Iranian Influence in Iraq? Iran disavows support for Iraqi factions: The end of Iranian influence?" Quote: "In a move that sparked widespread controversy within Iraqi circles, the American website “Media Line” revealed that Iran informed the leaders of the Iraqi armed factions that it is unable to provide them with any kind of support if they are targeted inside Iraq. These statements, which come at a sensitive time, open the door to questions about the future of the relationship between Iran and its allies in Iraq"
12-11-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
They are saying to us on the TV that Iraq is stable and secure and saying it's important to continue with these international relationships.
12-11-2024 Intel Guru MarkZ [via PDK] I am hearing that we are about to see Maliki’s removal from the political scene in Iraq. And completely removing Iranian influence...AND AN RV. This is what some very excited folks in Iraq shared with me this morning...which makes me feel exceptionally good. I believe we are about to see Sudani’s opposition disappear…Maliki is the one who has been backstabbing and stalling things.
12-11-2024 Newshound/Intel Guru Walkingstick Politicians...that is the only reason we have not seen the new exchange rate yet...Parliament is trying to continually stop what Sudani has promised the citizens of Iraq. Whether it be by the end of this year or the beginning of next year, that promise has to be met and kept...Sudani will arrest as many and all of these parliament politicians that have been going against...the citizens of Iraq. He will not only arrest them but put their faces on television. The citizens will know each and every one of them...
12-11-2024 Newshound Guru Militia Man If you change the value of the currency to come back to a previous era, which they specifically said they're going to do...Sudani said a few time the dinar is going to be stronger than the dollar, that's going to be a shock to some people especially if you're in the parallel market...
12-11-2024 Intel Guru Frank26 If we had the laws by the 10th what would that give us? What would that give Sudani? It would give us the budget...The only way to complete the budget is by passing the budget law, the investment laws and all the laws associated with it. Do we have the budget? No. That means we don't have the laws...Parliament finish those laws because you give me those laws, that's it, you bust open the piñata, there's candy all over the place even for you! You don't have to steal it!
12-11-2024 Newshound Guru Tishwash Article: "UN Mission: Iraq has proven to the world that it is capable of overcoming challenges and building the future" Quote: "Iraq has proven to the world that it is capable, with the solidarity of its people, of overcoming challenges and creating a brighter and more prosperous future for all its citizens."
12-11-2024 Intel Guru MarkZ Victory Day [December 10th] has been awesome for us. It appears it's like somebody popped the cork out and everything started moving. It's exciting.
12-10-2024 Intel Guru Frank26 Please don't trust nobody. Don't let your dinar out of your sight. If they [the bank] tell you, 'We're going to take these dinar and we're going to send them to another institution for them to count them, to make sure they are real.' [Say] give me the address. I'll take it to them. 'No, they don't allow the public to go there.' Okay, bye, bye. I'm going somewhere else to exchange them...
12-10-2024 Newshound Guru Militia Man Government plan is to promote and to move from an oil rent economy to the non-oil revenue streams that will come from the private sector. There's no doubt Iraq is opening up to the world. The private sector is going to drive Iraq's future growth levels to where we've never seen before. To me it's, buckle up. This is getting really, really good...
12-10-2024 Newshound Guru Samson Article: ”Economist: The parallel market sells the dollar at a price not controlled by the government"
12-10-2024 Guru Nader From The Mid East I think between $2.50 and $2.84...I can see the end of the tunnel. I don't know how far is that but I can see it so I'm excited about it...I'm happy for everybody who is going to make money of it, not only for Iraq, I'm happy for everybody...You guys invested in yourself and in Iraq in the same time...
12-10-2024 Intel Guru Frank26 Sudani is waiting for the success of the budget in order to release the new exchange rate. That success will come when the laws are given to him...He wants to give you the budget [with] exchange rate...Nothing is going to stop Sudani anymore. That's the beauty of what I'm seeing right now...All I care about is what Sudani is doing and it is phenomenal. I call Sudani, mini-Trump.
12-10-2024 Intel Guru MarkZ [via PDK] There are a number of bond contacts who are looking to receive all of their dollars over the next week. We suddenly got off “stuck”. This means we could soon get our announcement…it could be today. Things just got very exciting on that front. They are taking massive amounts that were “off sheet” assets now going into the M1/M2 or spendable dollars to cover these assets. This is huge and I have never been this excited.
12-10-2024 Newshound Guru Sandy Ingram This is only important to us if and when it comes time to exchange our Iraqi dinar bank notes...We don't want to end up like Zimbabwe and not have access to exchange options...When asked whether Iraq has a closed currency system the answer is yes and no. A closed currency is one that is not freely traded on international markets and is typically restricted to use within its issuing country...As of 2024 over a dozen countries maintain closed currency systems [Including the Indian Rupee, Zimbabwe, ZiG dollar and North Korean, Won]...The Iraqi dinar is not classified as a closed currency, however it might as well be. Iraq's central bank has implemented specific foreign exchange controls and restrictions to stabilize its currency and prevent illicit financial activities.
12-10-2024 Newshound Guru Militia Man The private sector is here to stay for Iraq. Iraq's population has doubled in the last two decades. There's plenty of youth and now they will have plenty of opportunity with the private sector...They're moving forward and they're not stopping. It's going to be more and more evident as we go because they are going to have to do what they said they were going to do - bring purchasing power to the people...
12-10-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy says he expects the roll out of the lower notes very soon. The Gazette is now talking about the digital formation world and they're talking about the new and the old currency. It's in the Gazette. The Gazette posted a digital law and this is essential to Iraq to go international outside its borders. This way to make it legal to enter the international world.
12-10-2024 Intel Guru MarkZ [via PDK] Article: “British Newspaper: The Iraqi development road will compete with the Suez Canal” 12 % of global trade and 30% of global container traffic go through the Suez canal. And now a large percentage of the world’s wealth will soon be going through Iraq. This is huge. Iraq is becoming the crossroads of the middle east.
12-10-2024 Newshound/Intel Guru Mnt Goat Article: “AL-ALAQ: OUR CRITICAL POSITION IS VERY EXCELLENT”. I was told [by my CBI contact] that thanks to the well-studied and wise financial policies of Prime Minister Mohammed Shia al-Sudani’s government, the country’s monetary position has become very excellent...She confirmed the target for the Project to Delete the Zeros is still set for late December/early 2025...
12-10-2024 Newshound Guru Militia Man Government plan is to promote and to move from an oil rent economy to the non-oil revenue streams that will come from the private sector. There's no doubt Iraq is opening up to the world. The private sector is going to drive Iraq's future growth levels to where we've never seen before. To me it's, buckle up. This is getting really, really good...
12-10-2024 Newshound Guru Samson Article: ”Economist: The parallel market sells the dollar at a price not controlled by the government"
12-10-2024 Guru Nader From The Mid East I think between $2.50 and $2.84...I can see the end of the tunnel. I don't know how far is that but I can see it so I'm excited about it...I'm happy for everybody who is going to make money of it, not only for Iraq, I'm happy for everybody...You guys invested in yourself and in Iraq in the same time...
12-10-2024 Intel Guru Frank26 Sudani is waiting for the success of the budget in order to release the new exchange rate. That success will come when the laws are given to him...He wants to give you the budget [with] exchange rate...Nothing is going to stop Sudani anymore. That's the beauty of what I'm seeing right now...All I care about is what Sudani is doing and it is phenomenal. I call Sudani, mini-Trump.
12-10-2024 Intel Guru MarkZ [via PDK] There are a number of bond contacts who are looking to receive all of their dollars over the next week. We suddenly got off “stuck”. This means we could soon get our announcement…it could be today. Things just got very exciting on that front. They are taking massive amounts that were “off sheet” assets now going into the M1/M2 or spendable dollars to cover these assets. This is huge and I have never been this excited.
12-10-2024 Newshound Guru Sandy Ingram This is only important to us if and when it comes time to exchange our Iraqi dinar bank notes...We don't want to end up like Zimbabwe and not have access to exchange options...When asked whether Iraq has a closed currency system the answer is yes and no. A closed currency is one that is not freely traded on international markets and is typically restricted to use within its issuing country...As of 2024 over a dozen countries maintain closed currency systems [Including the Indian Rupee, Zimbabwe, ZiG dollar and North Korean, Won]...The Iraqi dinar is not classified as a closed currency, however it might as well be. Iraq's central bank has implemented specific foreign exchange controls and restrictions to stabilize its currency and prevent illicit financial activities.
12-10-2024 Newshound Guru Militia Man The private sector is here to stay for Iraq. Iraq's population has doubled in the last two decades. There's plenty of youth and now they will have plenty of opportunity with the private sector...They're moving forward and they're not stopping. It's going to be more and more evident as we go because they are going to have to do what they said they were going to do - bring purchasing power to the people...
12-10-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy says he expects the roll out of the lower notes very soon. The Gazette is now talking about the digital formation world and they're talking about the new and the old currency. It's in the Gazette. The Gazette posted a digital law and this is essential to Iraq to go international outside its borders. This way to make it legal to enter the international world.
12-10-2024 Intel Guru MarkZ [via PDK] Article: “British Newspaper: The Iraqi development road will compete with the Suez Canal” 12 % of global trade and 30% of global container traffic go through the Suez canal. And now a large percentage of the world’s wealth will soon be going through Iraq. This is huge. Iraq is becoming the crossroads of the middle east.
12-10-2024 Newshound/Intel Guru Mnt Goat Article: “AL-ALAQ: OUR CRITICAL POSITION IS VERY EXCELLENT”. I was told [by my CBI contact] that thanks to the well-studied and wise financial policies of Prime Minister Mohammed Shia al-Sudani’s government, the country’s monetary position has become very excellent...She confirmed the target for the Project to Delete the Zeros is still set for late December/early 2025...
12-9-2024 Intel Guru Frank26 [When talking to a bank wealth manager/private banker] Don't push, 'I got dinars!'...Talk on the same level because she knows now what you know...'These are the facts and this is what I want to know'...You want to ask them, what is your fee you're going to charge me to exchange my currency at your bank...Two, what type of insurance do you have because FDIC only covers me for $250,000. Do you have supplemental insurance? ...Next thing you want to know is how are you going to be able to get your money out? ...What is the procedure for you to withdraw? Can you only withdraw $10,000 per week? Per day? What are my limitations? If I want physical cash, not electronic, how much can I take out? What are my limitations? ...Do you have lawyers...CPA... bookkeepers...IRS agent? ...Would your lawyers be able to help you set up trust funds...? I want to protect my money.
12-9-2024 Newshound Guru Kaperoni Article 1: "Al-Alaq: The monetary situation in Iraq is very excellent and the launch of Riyada Bank is imminent" Article 2: "Monetary stability achieves economic stability and sustainable development" Article 3: "Banks are the most traded sector in the Iraqi market in terms of value."
12-9-2024 Intel Guru MarkZ [via PDK] Article: “CBI records huge sales of more than $300 million in auction today” They keep telling us the auctions on US dollars will end this year. Many believe the target may be this week to end those auctions.
12-9-2024 Newshound Guru Pimpy Iraq continues to move in a positive direction. Let's hope this continues. For me I'm happy about being invested into the Iraqi Stock Exchange. Long term I think that's going to do a lot better than what the Iraqi dinar has to offer. That's just my opinion. But I'm more than confident you'll get more for you buck by being invested in the Iraqi Stock Exchange.
12-9-2024 Intel Guru Frank26 Don't pay attention to anyone, don't trust anymore except for Sudani and what Sudani tells Alaq. Notice I removed Barzani from the trust circle.
12-9-2024 Newshound Guru Sandy Ingram Article quote: "The Central Bank of Iraq (CBI) revealed...the country’s imports rose significantly in 2024. The CBI mentioned in a report that Iraq’s imports significantly increased by 158.1 percent in the first quarter of 2024 compared to the same period in 2023. Iraq’s imports from Turkey increased by 32 percent in the first quarter of 2024 compared to the same period in 2023, according to the report."
12-9-2024 Intel Guru MarkZ [via PDK] Question: I’m just curious “what if” parliament doesn’t sign off before the 10th? MarkZ: If they don’t make it - I’m still sticking around until they do... I still think we could see the RV before Christmas. Possibly in the next few days. Worst case scenario – by the end of January….
12-9-2024 Newshound/Intel Guru Walkingstick What we're seeing now is a very clear picture of the monetary reform and where it's at. Its process may have been slow but it is successful...The evidence shows the citizens are not going to fail and they are very eager to do this monetary reform as Sudani and Alaq have explained it to them. This year they were receiving the monetary reform education ...There is still more education that will be coming i.e. the pictures...the electronic boards...
12-9-2024 Newshound Guru Clare Article: "Most notably Trump and Macron.. Nechirvan Barzani meets world leaders in Paris" Quote: "In response to an official invitation from French President Emmanuel Macron, Nechirvan Barzani, President of the Kurdistan Region, participated... along with a number of world leaders and presidents, in the reopening ceremony of the historic Notre Dame Cathedral in Paris." [Dinar Guru Note: Photos from the event show Barzani speaking with Trump and another with him speaking with Elon Musk. There were no photos of reports of Sudani in Paris at this time."]
12-9-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV talking about old and new currency, how they will coexist. Mr Sammy said remember they want all done by the 10th. FRANK: I TOLD YOU SO!! lol...Sudani is in control of the new exchange rate.
12-9-2024 Intel Guru MarkZ [via PDK] Article: “Iraq participates in a ministerial meeting of the gas exporting countries forum” Why is this important? They are now joining countries that exports gas. This is a whole new market that has the potential to be as big as their oil industry. This helps them increase the value of their currency.
12-9-2024 Newshound Guru Kaperoni Article 1: "Al-Alaq: The monetary situation in Iraq is very excellent and the launch of Riyada Bank is imminent" Article 2: "Monetary stability achieves economic stability and sustainable development" Article 3: "Banks are the most traded sector in the Iraqi market in terms of value."
12-9-2024 Intel Guru MarkZ [via PDK] Article: “CBI records huge sales of more than $300 million in auction today” They keep telling us the auctions on US dollars will end this year. Many believe the target may be this week to end those auctions.
12-9-2024 Newshound Guru Pimpy Iraq continues to move in a positive direction. Let's hope this continues. For me I'm happy about being invested into the Iraqi Stock Exchange. Long term I think that's going to do a lot better than what the Iraqi dinar has to offer. That's just my opinion. But I'm more than confident you'll get more for you buck by being invested in the Iraqi Stock Exchange.
12-9-2024 Intel Guru Frank26 Don't pay attention to anyone, don't trust anymore except for Sudani and what Sudani tells Alaq. Notice I removed Barzani from the trust circle.
12-9-2024 Newshound Guru Sandy Ingram Article quote: "The Central Bank of Iraq (CBI) revealed...the country’s imports rose significantly in 2024. The CBI mentioned in a report that Iraq’s imports significantly increased by 158.1 percent in the first quarter of 2024 compared to the same period in 2023. Iraq’s imports from Turkey increased by 32 percent in the first quarter of 2024 compared to the same period in 2023, according to the report."
12-9-2024 Intel Guru MarkZ [via PDK] Question: I’m just curious “what if” parliament doesn’t sign off before the 10th? MarkZ: If they don’t make it - I’m still sticking around until they do... I still think we could see the RV before Christmas. Possibly in the next few days. Worst case scenario – by the end of January….
12-9-2024 Newshound/Intel Guru Walkingstick What we're seeing now is a very clear picture of the monetary reform and where it's at. Its process may have been slow but it is successful...The evidence shows the citizens are not going to fail and they are very eager to do this monetary reform as Sudani and Alaq have explained it to them. This year they were receiving the monetary reform education ...There is still more education that will be coming i.e. the pictures...the electronic boards...
12-9-2024 Newshound Guru Clare Article: "Most notably Trump and Macron.. Nechirvan Barzani meets world leaders in Paris" Quote: "In response to an official invitation from French President Emmanuel Macron, Nechirvan Barzani, President of the Kurdistan Region, participated... along with a number of world leaders and presidents, in the reopening ceremony of the historic Notre Dame Cathedral in Paris." [Dinar Guru Note: Photos from the event show Barzani speaking with Trump and another with him speaking with Elon Musk. There were no photos of reports of Sudani in Paris at this time."]
12-9-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV talking about old and new currency, how they will coexist. Mr Sammy said remember they want all done by the 10th. FRANK: I TOLD YOU SO!! lol...Sudani is in control of the new exchange rate.
12-9-2024 Intel Guru MarkZ [via PDK] Article: “Iraq participates in a ministerial meeting of the gas exporting countries forum” Why is this important? They are now joining countries that exports gas. This is a whole new market that has the potential to be as big as their oil industry. This helps them increase the value of their currency.
12-8-2024 Intel Guru Frank26 The monetary reform is an agreement. It is comprised of many different parts. The best part I can give you as an example would be article 140. Article 140 is the agreement for the HCL to be given to the citizens through the budget...Nothing is stopping it...I know the HCL is agreed upon. I know Article 140 has taken care of it...
12-8-2024 Newshound Guru Sandy Ingram Iraq is in a fragile status. Anytime there is a concern about external forces upsetting Iraq's progress [we] feel obligated to inform IQD investors. The situation in Syria is more urgent than most of us realize... Video Quote: "...The take over of Aleppo by an Islamist rebel group, the US has designated as a terrorist group, has alarmed residence and officials in neighboring Iraq. Residents in Mosul are particularly concerned...as it shares a large border with Syria. Mosul was overrun and ruled by Islamic State Militants from 2014 to 2017...Residents in Mosul are concerned the fighting in Syria...might embolden rebel sympathizers in Iraq."
12-8-2024 Intel Guru MarkZ [via PDK] From insider news and other sources in Iraq - I have more confirmations that they are trying to having it done by Dec 10th and Victory Day. It made me feel really good to hear this from another source or two.
12-8-2024 Newshound Guru Samson Article: "E-Payment Team: Iraq will witness a major electronic transformation next year"
12-8-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV showing guy talking saying the approved amendment to the budget will allow the citizen to receive their payments... FRANK: There it is! That budget is the key. That budget has the exchange rate.
12-8-2024 Newshound/Intel Guru Fnu Lnu "Charitable Remainder Uni-Trust." If you prepare a CRUT right now, you can place the amount of Dinar you hold on the "Schedule-A"...Then you...have it Notarized. Now you wait until the RV so you will know what the currency conversion is, and fill in the amount you want to receive from the trust monthly, bi-annually, or annually, and go online and register the trust and receive a registration tax number, and go to the bank and open an account in the name of the trust. Then you make your exchange and have the money deposited into that account. By doing this, you will pay a maximum of 10% tax guaranteed. That 10% can also be paid as much as 20 years out, at the end of the Trust period...I've written about 300 of them. There are 2 million in force right now in America...The tax code is for everyone if you chose to learn and use it. [Dinar Guru Note: Consult your tax & asset protection advisors and attorney to determine the best trust and estate planning for your unique circumstances.]
12-8-2024 Newshound Guru Clare Article: "Banks are the most traded sector in the Iraqi market in terms of value." Quote: "The Securities Commission announced today, Wednesday, that the banking sector was the most traded on the Iraq Stock Exchange in terms of value for the third quarter of 2024"
12-8-2024 Newshound Guru Militia Man Deadly "Dutch Disease". It's when countries are reliant [solely] on natural resources. When commodity prices drop, their budgets get affected. It's very painful...It's bad because it devalues their currency because they don't have...the ability to buy and pay for things and pay back debt. But if you have...non-oil revenues...tourism...development road project...ports...taxes and tariffs [you can win]...They used Saudi Arabia as an example because...they were [successful] using non-oil revenue streams. That's what Iraq is poised to do and it's an awesome thing to see...
12-8-2024 Intel Guru Frank26 [Bank Story Continued] She said, well that's what we do. As soon as it appears on my screen we will exchange. That was a couple months ago. This past weekend...my wife got a message on her phone. It was from the assistant manager. She said she wanted us to, 'Get in here and get you an appointment with the wealth manager in preparation for what's coming down the pipe.' FRANK: We're now at the point where it's no longer, 'It's a scam'. That nonsense is over...When are you going to have this meeting? MR. DON: We'll probably schedule for this upcoming week... [Post 2 of 2]
12-8-2024 Intel Guru Frank26 [Texas Chase Bank Story] This is a bank story at the next level. It's no longer a scam. It's no longer, they don't want to talk to you. It's, we want to talk to you as quickly as possible. MR. DON: Mid-summer...I had a small and seldomly active account...I brought up the subject of the dinar and the fact that I thought it was going to be a significant increase in value...She said, I've heard some chatter about that and I've had a number of customs come in and inquire. I'm not sure what's going on...I asked her, any event that occurs do you expect you would be involved in exchanging? [Post 1 of 2]
12-8-2024 Intel Guru MarkZ [via PDK] Vietnams Trade surplus has strengthened and they will be pushed to increase the value of their currency. Their currency just isn’t strong enough which allows them an unfair advantage in international trade. Article: “Vietnams soaring US trade surplus stokes new fears of Trump’s tariffs” Will they scale back in trade or will they “raise the value” of the dong in comparison with the dollar? Leveling the playing field. They are actively talking about raising the value of their currency.
12-8-2024 Newshound/Intel Guru Mnt Goat So, what is this dream of Al-Alaq? ...Al-Alaq has told us he strongly supports the dinar of the past and will bring it back to its “glory days”. This is the ultimate goal of all these financial reforms and “pillars” Iraq keeps talking about. They are all just a means to the end. The end is the reinstatement, a by-product of all this hard work of financial reforms.
12-8-2024 Newshound Guru Sandy Ingram Iraq is in a fragile status. Anytime there is a concern about external forces upsetting Iraq's progress [we] feel obligated to inform IQD investors. The situation in Syria is more urgent than most of us realize... Video Quote: "...The take over of Aleppo by an Islamist rebel group, the US has designated as a terrorist group, has alarmed residence and officials in neighboring Iraq. Residents in Mosul are particularly concerned...as it shares a large border with Syria. Mosul was overrun and ruled by Islamic State Militants from 2014 to 2017...Residents in Mosul are concerned the fighting in Syria...might embolden rebel sympathizers in Iraq."
12-8-2024 Intel Guru MarkZ [via PDK] From insider news and other sources in Iraq - I have more confirmations that they are trying to having it done by Dec 10th and Victory Day. It made me feel really good to hear this from another source or two.
12-8-2024 Newshound Guru Samson Article: "E-Payment Team: Iraq will witness a major electronic transformation next year"
12-8-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV showing guy talking saying the approved amendment to the budget will allow the citizen to receive their payments... FRANK: There it is! That budget is the key. That budget has the exchange rate.
12-8-2024 Newshound/Intel Guru Fnu Lnu "Charitable Remainder Uni-Trust." If you prepare a CRUT right now, you can place the amount of Dinar you hold on the "Schedule-A"...Then you...have it Notarized. Now you wait until the RV so you will know what the currency conversion is, and fill in the amount you want to receive from the trust monthly, bi-annually, or annually, and go online and register the trust and receive a registration tax number, and go to the bank and open an account in the name of the trust. Then you make your exchange and have the money deposited into that account. By doing this, you will pay a maximum of 10% tax guaranteed. That 10% can also be paid as much as 20 years out, at the end of the Trust period...I've written about 300 of them. There are 2 million in force right now in America...The tax code is for everyone if you chose to learn and use it. [Dinar Guru Note: Consult your tax & asset protection advisors and attorney to determine the best trust and estate planning for your unique circumstances.]
12-8-2024 Newshound Guru Clare Article: "Banks are the most traded sector in the Iraqi market in terms of value." Quote: "The Securities Commission announced today, Wednesday, that the banking sector was the most traded on the Iraq Stock Exchange in terms of value for the third quarter of 2024"
12-8-2024 Newshound Guru Militia Man Deadly "Dutch Disease". It's when countries are reliant [solely] on natural resources. When commodity prices drop, their budgets get affected. It's very painful...It's bad because it devalues their currency because they don't have...the ability to buy and pay for things and pay back debt. But if you have...non-oil revenues...tourism...development road project...ports...taxes and tariffs [you can win]...They used Saudi Arabia as an example because...they were [successful] using non-oil revenue streams. That's what Iraq is poised to do and it's an awesome thing to see...
12-8-2024 Intel Guru Frank26 [Bank Story Continued] She said, well that's what we do. As soon as it appears on my screen we will exchange. That was a couple months ago. This past weekend...my wife got a message on her phone. It was from the assistant manager. She said she wanted us to, 'Get in here and get you an appointment with the wealth manager in preparation for what's coming down the pipe.' FRANK: We're now at the point where it's no longer, 'It's a scam'. That nonsense is over...When are you going to have this meeting? MR. DON: We'll probably schedule for this upcoming week... [Post 2 of 2]
12-8-2024 Intel Guru Frank26 [Texas Chase Bank Story] This is a bank story at the next level. It's no longer a scam. It's no longer, they don't want to talk to you. It's, we want to talk to you as quickly as possible. MR. DON: Mid-summer...I had a small and seldomly active account...I brought up the subject of the dinar and the fact that I thought it was going to be a significant increase in value...She said, I've heard some chatter about that and I've had a number of customs come in and inquire. I'm not sure what's going on...I asked her, any event that occurs do you expect you would be involved in exchanging? [Post 1 of 2]
12-8-2024 Intel Guru MarkZ [via PDK] Vietnams Trade surplus has strengthened and they will be pushed to increase the value of their currency. Their currency just isn’t strong enough which allows them an unfair advantage in international trade. Article: “Vietnams soaring US trade surplus stokes new fears of Trump’s tariffs” Will they scale back in trade or will they “raise the value” of the dong in comparison with the dollar? Leveling the playing field. They are actively talking about raising the value of their currency.
12-8-2024 Newshound/Intel Guru Mnt Goat So, what is this dream of Al-Alaq? ...Al-Alaq has told us he strongly supports the dinar of the past and will bring it back to its “glory days”. This is the ultimate goal of all these financial reforms and “pillars” Iraq keeps talking about. They are all just a means to the end. The end is the reinstatement, a by-product of all this hard work of financial reforms.
12-7-2024 Intel Guru Frank26 You need to understand that what might seem bad is not, that what you might think is a delay is actually a progressive movement...Sudani controls.
12-7-2024 Newshound Guru Militia Man Article quote: "House of representative decide to hold next session next Sunday instead of Saturday...12/8/2024." They moved it. Why do they keep moving it? Why is it so necessary to do that? ...It [new budget amendment and budget] is exchange rate sensitivity in nature.
12-7-2024 Newshound Guru Kaperoni Article: "Delete zeros and evaluate the dinar" Question "How many years would this take?" Currency reform is a result of economic growth and diversification. How long it takes is up to Iraq.
12-7-2024 Newshound/Intel Guru Walkingstick They're waving the exchange rate right in front of our faces. Everything that they say, do and talk about cannot be at a program rate...The monetary reform is going to get done one way or another...Kurdistan uses the same IQD as Baghdad does...Get along or get left behind...
12-7-2024 Intel Guru MarkZ [via PDK] A number of my contacts from Iraq that very much believe we will cross the finish line in the next 3 days. We have seen tremendous HCL movement in Iraq. There are many rumors that it has already passed. But I can tell you it was not in the Gazette this morning...In the Islamic world they tend to tell you about things…after it is finished. So HCL could be done…just not announced... But the mood is very upbeat in Iraq. There are a number of folks looking at the next 3 days and we are hopeful and praying.
12-7-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
People in the streets are saying Sudani had two years and he is not giving us the purchasing power that he promised us. He made a solemn oath to us and now he's saying not in two weeks, they won't be competed until the early part of 2025. This is unacceptable. FRANK: It's not Sudani that said that. It's this economy idiot and he doesn't represent Sudani.
12-7-2024 Newshound/Intel Guru Fnu Lnu No one is exchanging at this time and [Guru] Pimpy is correct. There are no 800 numbers, no bonds being paid out, no redemption centers, no meetings in Reno, no appointments...etc... This is all Dinar Mythology.
12-7-2024 Newshound Guru Clare Article: "Guterres' representative: Iraq today is more secure and stable, and its government has succeeded in keeping it away from conflict" Quote: "The UN Secretary-General's Representative in Iraq, Mohammed Al-Hassan, said that Iraq today is more secure and stable and that its government has succeeded in keeping it away from conflict."
12-7-2024 Newshound Guru Militia Man Article quote: "The financial and banking systems are now in place. Financial transfers are not for just internet transfers but they're also for international institutions." Read it twice if not three time! Believe me...wow this is big! This may very well be some form of an announcement like we've never seen before...We might be doing some white knuckling this weekend. I don't know that we've seen information like that coming from the country of Iraq and the United States of America...I don't think anybody's ever seen this!
12-7-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani calling Barzani the leader of a crime family in Kurdistan. Saying Kurds are playing dangerous games. FRANK: It is sad that the evil politician of Kurdistan are playing this game. There will always be cockroachs in every government nook and cranny...This is their last attempt to stop his monetary and economic reforms...
12-7-2024 Intel Guru Bruce [via WiserNow] ...The other thing is, the contract rate is a real thing, and, no, we don't have to be under a contract to get the contract rate on a dinar...There is a contract rate...I'm not supposed to say what it is, so I won't, but I can tell you, it's way better than the front rates and the bank screen rate. It's way higher, and it's because President Trump wants to get the best we can possibly get on the dinar... [Post 3 of 3]
12-7-2024 Intel Guru Bruce [via WiserNow] ...and that's what the 800 numbers will give you access to through the call centers...and we'll end up getting transferred directly to that redemption center that corresponds closest to the zip code that we enter When we're calling the call center through the number, we're not going to be using banks. Some of the redemption centers are next to banks. Connected to Banks. Some are wealth management offices. Some are completely different... It has designed this way so that those who use the redemption centers would get the best rates, especially on dinar and quite possibly also on Dong and some of the other currencies. [Post 2 of 3]
12-7-2024 Intel Guru Bruce [via WiserNow] There has been a comment that was put out...that said that Bruce doesn’t know what he's talking about when it comes to contracts or redemption centers. Well, let me tell you why I know what I know. We have the leaders that we talk to personally at five different redemption centers, so we're getting the straight scoop from redemption center leaders, and it's tightened up because they're under brand new NDAs...when I tell you that there are over 6000 redemption centers in the United States, you can take it as fact there are...They're very real, and they're happening, and that's what we're going to be using. [Post 1 of 3....stay tuned]
12-7-2024 Newshound Guru Militia Man Article quote: "House of representative decide to hold next session next Sunday instead of Saturday...12/8/2024." They moved it. Why do they keep moving it? Why is it so necessary to do that? ...It [new budget amendment and budget] is exchange rate sensitivity in nature.
12-7-2024 Newshound Guru Kaperoni Article: "Delete zeros and evaluate the dinar" Question "How many years would this take?" Currency reform is a result of economic growth and diversification. How long it takes is up to Iraq.
12-7-2024 Newshound/Intel Guru Walkingstick They're waving the exchange rate right in front of our faces. Everything that they say, do and talk about cannot be at a program rate...The monetary reform is going to get done one way or another...Kurdistan uses the same IQD as Baghdad does...Get along or get left behind...
12-7-2024 Intel Guru MarkZ [via PDK] A number of my contacts from Iraq that very much believe we will cross the finish line in the next 3 days. We have seen tremendous HCL movement in Iraq. There are many rumors that it has already passed. But I can tell you it was not in the Gazette this morning...In the Islamic world they tend to tell you about things…after it is finished. So HCL could be done…just not announced... But the mood is very upbeat in Iraq. There are a number of folks looking at the next 3 days and we are hopeful and praying.
12-7-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
People in the streets are saying Sudani had two years and he is not giving us the purchasing power that he promised us. He made a solemn oath to us and now he's saying not in two weeks, they won't be competed until the early part of 2025. This is unacceptable. FRANK: It's not Sudani that said that. It's this economy idiot and he doesn't represent Sudani.
12-7-2024 Newshound/Intel Guru Fnu Lnu No one is exchanging at this time and [Guru] Pimpy is correct. There are no 800 numbers, no bonds being paid out, no redemption centers, no meetings in Reno, no appointments...etc... This is all Dinar Mythology.
12-7-2024 Newshound Guru Clare Article: "Guterres' representative: Iraq today is more secure and stable, and its government has succeeded in keeping it away from conflict" Quote: "The UN Secretary-General's Representative in Iraq, Mohammed Al-Hassan, said that Iraq today is more secure and stable and that its government has succeeded in keeping it away from conflict."
12-7-2024 Newshound Guru Militia Man Article quote: "The financial and banking systems are now in place. Financial transfers are not for just internet transfers but they're also for international institutions." Read it twice if not three time! Believe me...wow this is big! This may very well be some form of an announcement like we've never seen before...We might be doing some white knuckling this weekend. I don't know that we've seen information like that coming from the country of Iraq and the United States of America...I don't think anybody's ever seen this!
12-7-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani calling Barzani the leader of a crime family in Kurdistan. Saying Kurds are playing dangerous games. FRANK: It is sad that the evil politician of Kurdistan are playing this game. There will always be cockroachs in every government nook and cranny...This is their last attempt to stop his monetary and economic reforms...
12-7-2024 Intel Guru Bruce [via WiserNow] ...The other thing is, the contract rate is a real thing, and, no, we don't have to be under a contract to get the contract rate on a dinar...There is a contract rate...I'm not supposed to say what it is, so I won't, but I can tell you, it's way better than the front rates and the bank screen rate. It's way higher, and it's because President Trump wants to get the best we can possibly get on the dinar... [Post 3 of 3]
12-7-2024 Intel Guru Bruce [via WiserNow] ...and that's what the 800 numbers will give you access to through the call centers...and we'll end up getting transferred directly to that redemption center that corresponds closest to the zip code that we enter When we're calling the call center through the number, we're not going to be using banks. Some of the redemption centers are next to banks. Connected to Banks. Some are wealth management offices. Some are completely different... It has designed this way so that those who use the redemption centers would get the best rates, especially on dinar and quite possibly also on Dong and some of the other currencies. [Post 2 of 3]
12-7-2024 Intel Guru Bruce [via WiserNow] There has been a comment that was put out...that said that Bruce doesn’t know what he's talking about when it comes to contracts or redemption centers. Well, let me tell you why I know what I know. We have the leaders that we talk to personally at five different redemption centers, so we're getting the straight scoop from redemption center leaders, and it's tightened up because they're under brand new NDAs...when I tell you that there are over 6000 redemption centers in the United States, you can take it as fact there are...They're very real, and they're happening, and that's what we're going to be using. [Post 1 of 3....stay tuned]
12-6-2024 Intel Guru Frank26 Just because you see all the evidence that the monetary reform is already here it doesn't mean that it has to be given to them right now...If you have 95% of the skeleton, that's a lot of information. You can tell if it's a man or a woman...how high they're going to be. You can tell a lot. That's why you can tell a lot about the monetary reform right now because it's 95% completed...What's the 5%? That's what they're doing right now.
12-6-2024 Intel Guru Bruce [via WiserNow] There's a flash drive that was sent out for five institutions, three banks and two redemption centers in one case, and those were installed on laptops, and they're using laptops in the redemption centers and the bank...it's a release activation mechanism... like a release activation code key...they are designed to receive a signal in some form of protocol, let's call it - timeline activated - through the Starlink satellite system...So it would be wirelessly activated through Starlink to activate with the codes that are installed to begin what it is we're waiting for...two resources, last night, two more today are saying...that we will start this weekend.
12-6-2024 Intel Guru MarkZ [via PDK] Article: “Informed sources rule out submitting final accounts of the 2024 budget to Parliament” This is one of those confusing articles I was talking about. They have already done 3 readings on the 2024 budget and we are waiting for it to be in the gazette…or they could publish a special Gazette - which is something they sometimes do...We hope the HCL will be in tomorrow’s Gazette. But mixed reports coming out of Iraq. Some say it passed…some say it hasn’t.
12-6-2024 Newshound Guru Samson Article: "Türkiye seeks to increase trade volume with Iraq to $30 billion annually"
12-6-2024 Newshound/Intel Guru Fnu Lnu [Response to Guru Bruce 12-5-2024 lower denomination on streets post below] I have a lady friend who is a Trauma Surgeon in Iraq that is employed by the WHO and works as an adjunct with the military. I just spoke with her and she told me there are no lower denomination notes being used. I asked her to ask around the hospital about lower denomination notes. She emailed me back and said she spoke with the Admin and they said there are no lower denomination notes.
12-6-2024 Newshound Guru Pimpy Hydrocarbon law - I've been talking about this forever...What does the hydrocarbon law have to do with the exchange rate? [Other gurus] are not being very specific. They don't tell you how it's connected at all. Does the Iraqi hydrocarbon law pay money directly to the Iraqi citizens? The money...goes into different funds...designed to ensure each Iraq citizens residing in the country receives a equal share of Iraqi revenues...Iraqi citizens do not receive direct payments from the Iraqi hydrocarbon law. Instead they may benefit indirectly through various funds...They're not directly going to get paid...
12-6-2024 Intel Guru MarkZ [via PDK] Shabibi kept saying give me safe and stable and I’ll give you a revaluation. Iraq is becoming the most stable country in the middle east.
12-6-2024 Newshound Guru Militia Man Article quote: "The fiscal year of government banks in Iraq ends the end of December each year where some financial operations are temporarily suspended to conduct annual settlements and close accounts." Those that think Iraq is on a different system and different time frames for their end of year...those that were saying April or March are wrong. Fiscal year of the government bank ends at the end of December each year.
12-6-2024 Intel Guru Frank26 There used to be a dinar dealer who used to send a little rectangular piece of paper in it and it said "Certificate of Authenticity". That's a bunch of crap. You're not going to go to a bank and say, 'Here's my dinar.' And the bank is not going to say, 'Let me see your certificate of authenticity.' No. [The bank is going to say] 'We're going to tell you if this currency is real or not.'
12-6-2024 Intel Guru Bruce [via WiserNow] we heard this...from one of our Iraqi sources, that President Trump called President Sudani of Iraq, and congratulated him on the completion of the financial reform in Iraq... Financial reforms included the old HCL, the hydrocarbon law, the oil and gas law, because citizens of Iraq are getting a percentage of the profits of oil exploration throughout Iraq...My understanding is that now they're settling up and paying out citizens on the oil and gas law, the HCL hydrocarbon law, and they're paying in newly revalued dinar...
12-6-2024 Intel Guru MarkZ [via PDK] Article: “With documents: Test of the draft amendment for the budget law.” The second reading is done and we are waiting on the third reading to have their budget...We hear the third reading may be on Saturday. The rumors in Iraq are along with that third reading they will announce the HCL. I am told there is a good chance it could be published in this Saturdays Gazette. I heard that from a couple folks who believe that is going to be our “Go”...We may be in for a crazy few days everyone.
12-6-2024 Intel Guru Bruce [via WiserNow] There's a flash drive that was sent out for five institutions, three banks and two redemption centers in one case, and those were installed on laptops, and they're using laptops in the redemption centers and the bank...it's a release activation mechanism... like a release activation code key...they are designed to receive a signal in some form of protocol, let's call it - timeline activated - through the Starlink satellite system...So it would be wirelessly activated through Starlink to activate with the codes that are installed to begin what it is we're waiting for...two resources, last night, two more today are saying...that we will start this weekend.
12-6-2024 Intel Guru MarkZ [via PDK] Article: “Informed sources rule out submitting final accounts of the 2024 budget to Parliament” This is one of those confusing articles I was talking about. They have already done 3 readings on the 2024 budget and we are waiting for it to be in the gazette…or they could publish a special Gazette - which is something they sometimes do...We hope the HCL will be in tomorrow’s Gazette. But mixed reports coming out of Iraq. Some say it passed…some say it hasn’t.
12-6-2024 Newshound Guru Samson Article: "Türkiye seeks to increase trade volume with Iraq to $30 billion annually"
12-6-2024 Newshound/Intel Guru Fnu Lnu [Response to Guru Bruce 12-5-2024 lower denomination on streets post below] I have a lady friend who is a Trauma Surgeon in Iraq that is employed by the WHO and works as an adjunct with the military. I just spoke with her and she told me there are no lower denomination notes being used. I asked her to ask around the hospital about lower denomination notes. She emailed me back and said she spoke with the Admin and they said there are no lower denomination notes.
12-6-2024 Newshound Guru Pimpy Hydrocarbon law - I've been talking about this forever...What does the hydrocarbon law have to do with the exchange rate? [Other gurus] are not being very specific. They don't tell you how it's connected at all. Does the Iraqi hydrocarbon law pay money directly to the Iraqi citizens? The money...goes into different funds...designed to ensure each Iraq citizens residing in the country receives a equal share of Iraqi revenues...Iraqi citizens do not receive direct payments from the Iraqi hydrocarbon law. Instead they may benefit indirectly through various funds...They're not directly going to get paid...
12-6-2024 Intel Guru MarkZ [via PDK] Shabibi kept saying give me safe and stable and I’ll give you a revaluation. Iraq is becoming the most stable country in the middle east.
12-6-2024 Newshound Guru Militia Man Article quote: "The fiscal year of government banks in Iraq ends the end of December each year where some financial operations are temporarily suspended to conduct annual settlements and close accounts." Those that think Iraq is on a different system and different time frames for their end of year...those that were saying April or March are wrong. Fiscal year of the government bank ends at the end of December each year.
12-6-2024 Intel Guru Frank26 There used to be a dinar dealer who used to send a little rectangular piece of paper in it and it said "Certificate of Authenticity". That's a bunch of crap. You're not going to go to a bank and say, 'Here's my dinar.' And the bank is not going to say, 'Let me see your certificate of authenticity.' No. [The bank is going to say] 'We're going to tell you if this currency is real or not.'
12-6-2024 Intel Guru Bruce [via WiserNow] we heard this...from one of our Iraqi sources, that President Trump called President Sudani of Iraq, and congratulated him on the completion of the financial reform in Iraq... Financial reforms included the old HCL, the hydrocarbon law, the oil and gas law, because citizens of Iraq are getting a percentage of the profits of oil exploration throughout Iraq...My understanding is that now they're settling up and paying out citizens on the oil and gas law, the HCL hydrocarbon law, and they're paying in newly revalued dinar...
12-6-2024 Intel Guru MarkZ [via PDK] Article: “With documents: Test of the draft amendment for the budget law.” The second reading is done and we are waiting on the third reading to have their budget...We hear the third reading may be on Saturday. The rumors in Iraq are along with that third reading they will announce the HCL. I am told there is a good chance it could be published in this Saturdays Gazette. I heard that from a couple folks who believe that is going to be our “Go”...We may be in for a crazy few days everyone.
12-5-2024 Newshound Guru Clare Article: "Securities Commission: Iraq Stock Exchange Leads Arab Financial Markets" Quote: "the Arab Monetary Fund mentioned in its monthly report for October 2024 the distinguished performance of Arab financial markets, as the Iraq Stock Exchange topped the list of best performing markets during the month, recording a growth of 12.39%, ahead of the rest of the markets in the region."
12-5-2024 Intel Guru Frank26 Someone right now can buy 1 million [dinars] ...for $1,200, $1,300 but when the blessing occurs you're going to end up spending a million to buy a million dinars. No, I don't think so. But the whales and sharks will. They'll buy 1 million dinar for $1 million because they know as it floats it'll go to $3 million and they made a killing. That's when the sharks make their money. They smell the chum right now and some of them are moving but not as much as they will when it happens. When it happens big boys play with big money.
12-5-2024 Intel Guru MarkZ [via PDK] We did have some good news out of Iraqi parliament... “Parliamentary Finance: Satisfaction and optimism with the rate of completion of the government program” They want you to know that they made great progress and have expectations for the budget to be voted on in the next few days...
12-5-2024 Newshound Guru Pimpy Let me tell you what I think about how everything is going to affect this investment in Iraq. Trump already told you, they're going to drill baby drill. When he spoke with Elon Musk...and Rand Paul doing something about the Federal Reserve he told the people specifically do what you need to do but stay away from the oil. Period. He'll handle the oil. We're going back to being the number one exporter of energy...The last time he did that...it drove prices way down...Damn near bankrupt Iraq. That's what Trump did last time for Iraq.
12-5-2024 Newshound Guru Samson Article: “Central Bank Completes Examination for Granting Certified Branch Manager"
12-5-2024 Newshound/Intel Guru Walkingstick The ending of the auctions is very significant and very telling...It was the reason for all this thievery, all of this profiteering that was the lifeline of the parallel market...This is an interesting moment and I think things are being built and put in possession for this stoppage because they said to the citizens, at that time it will be a financial turning point...What comes after the auctions? Purchasing power.
12-5-2024 Intel Guru MarkZ [via PDK] Comment: There are rumors HCL is done. MarkZ: They are operating as if HCL was done. I am convinced it is done- just not officially announced yet. Question: What is HCL? MarkZ: Hydro Carbon Law. it’s the profit sharing between the Erbil region and Iraq. We were told when it is passed - the RV can occur. Within days of it passing the new rate should be out...It may be time to start getting excited…
12-5-2024 Newshound Guru Militia Man What we're seeing is some of the most exciting times we've ever seen. Article: "Iraq is positioned to create a robust digital economy. It could emerge as a model for how thoughtful policy and collaboration can fast track a nation into the digital age unlocking vast potential for years to come." This is big. I can't believe it's finally seeming to be upon us the digital transformation of Iraq has gotten to the stage where...the digital world is going forward.
12-5-2024 Newshound Guru Clare Article quote: "A statement by the Ministry of Finance, received by Al-Eqtisad News, stated that "Minister of Finance Taif Sami Mohammed received in her official office in Baghdad, the representative of the World Bank in Iraq, Jean-Christophe Carré, where they discussed ways to enhance cooperation between Iraq and the World Bank to support development projects and economic reforms."
12-5-2024 Intel Guru Frank26 Everything is in place for the monetary reform to be given to the Iraqi citizens. The Prime Minister and Alaq are telling the citizens we are 95% done with the monetary reform. We also know at the end of this year, December 31st, the auctions come to an end...It was the dollar that was keeping the Iraqi dinar stable. What are you going to do when you don't have the auction? When you cannot use the dollar anymore in your country? ...You gave the dollar because the dollar had a very good exchange rate. Now the dollar is taken away you need a very good exchange rate. That is exactly what they are doing in my very strong opinion. They're saying we're at 95%. Where's the 5%? IMO it's an awful lot of different things being requested by Donald Trump by Iraq...
12-5-2024 Newshound/Intel Guru Mnt Goat As investors we all...should realize that there is a deal with China and Iraq on providing oil at a fixed price. This deal was brokered by the US Treasury and it included pre-selling some of the U.S. oil credits to China at a fixed price. But these are credits and these credits only materialize when we, as investors then exchange our dinar. Yes, billions in oil credits... I talked about these oil credits...when I described... how this RV would be paid for...
12-5-2024 Intel Guru Bruce [via WiserNow] We actually did get some information over the weekend...we had heard that we would be going any day now, and that is still true. ...We know from our Iraqi sources that they...had a new rate that came out Sunday...and that they now have, in the entire country of Iraq, all the new lower denominations, like the five dinar notes – like our notes 10 - 20s, 50s and hundreds... all these notes that we call lower denominations are out throughout Iraq and being utilized...they've had to change their prices to reflect the lower denomination values and realize the rate inside Iraq is a very good revalued rate right now... I can tell you that we believe we are extremely close.
12-5-2024 Intel Guru Frank26 Someone right now can buy 1 million [dinars] ...for $1,200, $1,300 but when the blessing occurs you're going to end up spending a million to buy a million dinars. No, I don't think so. But the whales and sharks will. They'll buy 1 million dinar for $1 million because they know as it floats it'll go to $3 million and they made a killing. That's when the sharks make their money. They smell the chum right now and some of them are moving but not as much as they will when it happens. When it happens big boys play with big money.
12-5-2024 Intel Guru MarkZ [via PDK] We did have some good news out of Iraqi parliament... “Parliamentary Finance: Satisfaction and optimism with the rate of completion of the government program” They want you to know that they made great progress and have expectations for the budget to be voted on in the next few days...
12-5-2024 Newshound Guru Pimpy Let me tell you what I think about how everything is going to affect this investment in Iraq. Trump already told you, they're going to drill baby drill. When he spoke with Elon Musk...and Rand Paul doing something about the Federal Reserve he told the people specifically do what you need to do but stay away from the oil. Period. He'll handle the oil. We're going back to being the number one exporter of energy...The last time he did that...it drove prices way down...Damn near bankrupt Iraq. That's what Trump did last time for Iraq.
12-5-2024 Newshound Guru Samson Article: “Central Bank Completes Examination for Granting Certified Branch Manager"
12-5-2024 Newshound/Intel Guru Walkingstick The ending of the auctions is very significant and very telling...It was the reason for all this thievery, all of this profiteering that was the lifeline of the parallel market...This is an interesting moment and I think things are being built and put in possession for this stoppage because they said to the citizens, at that time it will be a financial turning point...What comes after the auctions? Purchasing power.
12-5-2024 Intel Guru MarkZ [via PDK] Comment: There are rumors HCL is done. MarkZ: They are operating as if HCL was done. I am convinced it is done- just not officially announced yet. Question: What is HCL? MarkZ: Hydro Carbon Law. it’s the profit sharing between the Erbil region and Iraq. We were told when it is passed - the RV can occur. Within days of it passing the new rate should be out...It may be time to start getting excited…
12-5-2024 Newshound Guru Militia Man What we're seeing is some of the most exciting times we've ever seen. Article: "Iraq is positioned to create a robust digital economy. It could emerge as a model for how thoughtful policy and collaboration can fast track a nation into the digital age unlocking vast potential for years to come." This is big. I can't believe it's finally seeming to be upon us the digital transformation of Iraq has gotten to the stage where...the digital world is going forward.
12-5-2024 Newshound Guru Clare Article quote: "A statement by the Ministry of Finance, received by Al-Eqtisad News, stated that "Minister of Finance Taif Sami Mohammed received in her official office in Baghdad, the representative of the World Bank in Iraq, Jean-Christophe Carré, where they discussed ways to enhance cooperation between Iraq and the World Bank to support development projects and economic reforms."
12-5-2024 Intel Guru Frank26 Everything is in place for the monetary reform to be given to the Iraqi citizens. The Prime Minister and Alaq are telling the citizens we are 95% done with the monetary reform. We also know at the end of this year, December 31st, the auctions come to an end...It was the dollar that was keeping the Iraqi dinar stable. What are you going to do when you don't have the auction? When you cannot use the dollar anymore in your country? ...You gave the dollar because the dollar had a very good exchange rate. Now the dollar is taken away you need a very good exchange rate. That is exactly what they are doing in my very strong opinion. They're saying we're at 95%. Where's the 5%? IMO it's an awful lot of different things being requested by Donald Trump by Iraq...
12-5-2024 Newshound/Intel Guru Mnt Goat As investors we all...should realize that there is a deal with China and Iraq on providing oil at a fixed price. This deal was brokered by the US Treasury and it included pre-selling some of the U.S. oil credits to China at a fixed price. But these are credits and these credits only materialize when we, as investors then exchange our dinar. Yes, billions in oil credits... I talked about these oil credits...when I described... how this RV would be paid for...
12-5-2024 Intel Guru Bruce [via WiserNow] We actually did get some information over the weekend...we had heard that we would be going any day now, and that is still true. ...We know from our Iraqi sources that they...had a new rate that came out Sunday...and that they now have, in the entire country of Iraq, all the new lower denominations, like the five dinar notes – like our notes 10 - 20s, 50s and hundreds... all these notes that we call lower denominations are out throughout Iraq and being utilized...they've had to change their prices to reflect the lower denomination values and realize the rate inside Iraq is a very good revalued rate right now... I can tell you that we believe we are extremely close.
12-4-2024 Newshound Guru Clare Article: "The Central Bank signs a memorandum of cooperation with the European Union and Germany to enhance financial markets in Iraq" Quote "this agreement represents a new start for cooperation between the Iraqi banking sector and the German side, noting that it will contribute to the exchange of expertise and transfer of knowledge."
12-4-2024 Newshound Guru Militia Man Sudani has been on a tear because he's been doing for over two years methodically nothing but achievements...
12-4-2024 Intel Guru Frank26 Question "Will there be taxes? 37% on short term - 20% on long term?" Yeah, that's about right, somewhere in that ball park. Ask a professional because I certainly don't know the exact tax code... Question "We had currency for a year or more and we decided to buy more, will we still have to pay 40%?" Yes, every time you buy whatever you buy, your receipt verifies your time frame. That's why your receipt is so important. If you're ever audited you need to prove your time frame. [Dinar Guru Note: Consult your tax professionals to determine the right tax for your unique circumstances.]
12-4-2024 Intel Guru MarkZ [via PDK] Article: “The Central Bank signs a memorandum of understanding with the European Union and Germany to strengthen the financial markets in Iraq.” This is big and clearly shows Iraq is International.
12-4-2024 Newshound Guru Samson Article: "The Council of Ministers decides to suspend official work next Tuesday in celebration of Victory Day"
12-4-2024 Newshound Guru Pimpy They're still struggling to find the right formula to close that gap between the parallel market and the official exchange rate which is going to be really hard to do if the very people that are supposed to be closing that gap are responsible for the parallel market in the first place.
12-4-2024 Newshound/Intel Guru Fnu Lnu [Response to Guru Frank26 America 1st Credit Union post 12-2-2024 below] I am an American 1st Credit Union member...The branch manager in St. Johns, AZ is a personal friend...[she] gave me the actual bank policies: Every branch can exchange not "select" branches/locations. There is a flat fee of $10...period! Not if you exchange more than $300. There is an additional fee of $10 if you BUY under $300...NOT exchange. All sales are instant up to $5000 per transaction ... $10. The additional fee for buying under $300 is because the Fed-X fee doesn't change...Our members can buy and sell currency for over 100 countries at any America First branch. And when you convert your cash ahead of time, you won't have to worry about finding an open exchange office when you arrive in a foreign country.
12-4-2024 Newshound/Intel Guru Walkingstick Back in 2003 the reason why the auctions were put in was to stabilize the exchange rate of the Iraq dinar but it didn't work because of the thievery and stealing. So we gave them the US dollar in order to do this but once again it got out of control. Now on December 31 of this year these auctions are going to die...What will they use to maintain their currency stability? IMO exactly what they've been teaching them...A basket of foreign currencies with a new exchange rate where the IQD will be paired against other foreign currencies, which they have already admitted to that they have...It means their currency will now be convertible in that basket with no restrictions...What would be an example of all of this? The new lower notes.
12-4-2024 Intel Guru MarkZ [via PDK] ”Central Bank of Iraq is pleased to present the Iraqi banknotes in circulation” ...an article yesterday highlighting the new lower denoms in Iraq with pictures…$250 notes are showing up in mass…The $250 notes are only worth .19 cents US right now. Why would they release these unless they were about to raise the value of their currency?
12-4-2024 Newshound Guru Clare Article: "Al-Sudani and his ministers in a "secret" session in Parliament" Quote: "The House of Representatives voted at the beginning of the hosting session that the session would be "secret" with regard to the security aspect...[Sudani] explained the reasons for amending the Federal General Budget Law."
12-4-2024 Newshound Guru Militia Man Article quote: "There is a serious keenness to show the image of a bright strong disciplined state in front of other countries and other people." They're going to stand up and be proud. I think when they showcase their new currency, their real effective exchange rate and all the things that they've accomplished in the last few years...they're going to have a lot of people from other countries and other peoples of the world being congratulatory...
12-4-2024 Intel Guru Frank26 Article: "Trade Bank of Iraq launches first experimental Visa card" ...International transaction, you can't do that at a program rate. You understand these clues? These are not 'hints'. These are facts. These facts are nothing more but clues of the truth of the monetary reform.
12-4-2024 Newshound/Intel Guru Mnt Goat ...Remember there must be a Stable and Secure Iraq in order to conduct this process of deleting the zeros... Oh… and we know what the final outcome of this project is and it will lead to the reinstatement...It is early December and my CBI contact told me the committee in charge of this rollout of the newer lower denominations is still planned for soon.
12-4-2024 Intel Guru MarkZ [via PDK] Article: “On the occasion of Victory Day. official working hours will be suspended in Iraq next Tuesday” They are celebrating the removal of Isis from their land…. It would be a great day to celebrate. We have had a number of reports from inside the Iraqi government saying they plan to have the value raised by Victory Day... There is a lot pointing to over the next 7 days to be across the finish line...I really hope its accurate...
12-4-2024 Newshound Guru tishwash Quote: "Report and discussion of the second reading of the draft law amending the first law of the Federal General Budget Law of the Republic of Iraq for the fiscal years (2023-2024-2025)" the 2nd reading of the 2025 budget amendments is on the Parliament agenda for today... we shall see...
12-4-2024 Newshound Guru Militia Man Sudani has been on a tear because he's been doing for over two years methodically nothing but achievements...
12-4-2024 Intel Guru Frank26 Question "Will there be taxes? 37% on short term - 20% on long term?" Yeah, that's about right, somewhere in that ball park. Ask a professional because I certainly don't know the exact tax code... Question "We had currency for a year or more and we decided to buy more, will we still have to pay 40%?" Yes, every time you buy whatever you buy, your receipt verifies your time frame. That's why your receipt is so important. If you're ever audited you need to prove your time frame. [Dinar Guru Note: Consult your tax professionals to determine the right tax for your unique circumstances.]
12-4-2024 Intel Guru MarkZ [via PDK] Article: “The Central Bank signs a memorandum of understanding with the European Union and Germany to strengthen the financial markets in Iraq.” This is big and clearly shows Iraq is International.
12-4-2024 Newshound Guru Samson Article: "The Council of Ministers decides to suspend official work next Tuesday in celebration of Victory Day"
12-4-2024 Newshound Guru Pimpy They're still struggling to find the right formula to close that gap between the parallel market and the official exchange rate which is going to be really hard to do if the very people that are supposed to be closing that gap are responsible for the parallel market in the first place.
12-4-2024 Newshound/Intel Guru Fnu Lnu [Response to Guru Frank26 America 1st Credit Union post 12-2-2024 below] I am an American 1st Credit Union member...The branch manager in St. Johns, AZ is a personal friend...[she] gave me the actual bank policies: Every branch can exchange not "select" branches/locations. There is a flat fee of $10...period! Not if you exchange more than $300. There is an additional fee of $10 if you BUY under $300...NOT exchange. All sales are instant up to $5000 per transaction ... $10. The additional fee for buying under $300 is because the Fed-X fee doesn't change...Our members can buy and sell currency for over 100 countries at any America First branch. And when you convert your cash ahead of time, you won't have to worry about finding an open exchange office when you arrive in a foreign country.
12-4-2024 Newshound/Intel Guru Walkingstick Back in 2003 the reason why the auctions were put in was to stabilize the exchange rate of the Iraq dinar but it didn't work because of the thievery and stealing. So we gave them the US dollar in order to do this but once again it got out of control. Now on December 31 of this year these auctions are going to die...What will they use to maintain their currency stability? IMO exactly what they've been teaching them...A basket of foreign currencies with a new exchange rate where the IQD will be paired against other foreign currencies, which they have already admitted to that they have...It means their currency will now be convertible in that basket with no restrictions...What would be an example of all of this? The new lower notes.
12-4-2024 Intel Guru MarkZ [via PDK] ”Central Bank of Iraq is pleased to present the Iraqi banknotes in circulation” ...an article yesterday highlighting the new lower denoms in Iraq with pictures…$250 notes are showing up in mass…The $250 notes are only worth .19 cents US right now. Why would they release these unless they were about to raise the value of their currency?
12-4-2024 Newshound Guru Clare Article: "Al-Sudani and his ministers in a "secret" session in Parliament" Quote: "The House of Representatives voted at the beginning of the hosting session that the session would be "secret" with regard to the security aspect...[Sudani] explained the reasons for amending the Federal General Budget Law."
12-4-2024 Newshound Guru Militia Man Article quote: "There is a serious keenness to show the image of a bright strong disciplined state in front of other countries and other people." They're going to stand up and be proud. I think when they showcase their new currency, their real effective exchange rate and all the things that they've accomplished in the last few years...they're going to have a lot of people from other countries and other peoples of the world being congratulatory...
12-4-2024 Intel Guru Frank26 Article: "Trade Bank of Iraq launches first experimental Visa card" ...International transaction, you can't do that at a program rate. You understand these clues? These are not 'hints'. These are facts. These facts are nothing more but clues of the truth of the monetary reform.
12-4-2024 Newshound/Intel Guru Mnt Goat ...Remember there must be a Stable and Secure Iraq in order to conduct this process of deleting the zeros... Oh… and we know what the final outcome of this project is and it will lead to the reinstatement...It is early December and my CBI contact told me the committee in charge of this rollout of the newer lower denominations is still planned for soon.
12-4-2024 Intel Guru MarkZ [via PDK] Article: “On the occasion of Victory Day. official working hours will be suspended in Iraq next Tuesday” They are celebrating the removal of Isis from their land…. It would be a great day to celebrate. We have had a number of reports from inside the Iraqi government saying they plan to have the value raised by Victory Day... There is a lot pointing to over the next 7 days to be across the finish line...I really hope its accurate...
12-4-2024 Newshound Guru tishwash Quote: "Report and discussion of the second reading of the draft law amending the first law of the Federal General Budget Law of the Republic of Iraq for the fiscal years (2023-2024-2025)" the 2nd reading of the 2025 budget amendments is on the Parliament agenda for today... we shall see...
12-3-2024 Newshound Guru Militia Man Article - The private Iraqi banks association met...They've made a decision to stay focused on using electronic payments for even the gas stations. One of the things that's going to take care of is extracting small category notes off the street...It's working, citizens are opening accounts...
12-3-2024 Intel Guru Frank26 Question: "In the past you said if the dinar comes out at $3.22 you'll dump all your dinar in one shot. Do you still believe that?" Yeah, because look at my age...This December 20th I'll be 69. At my age, if it comes out at $3 something, shoot I'm going to exchange all of it because at my age I don't want to wait another year or two to watch it go up. Why should I gamble for it to go into the four, five or whatever range. I'm happy with three something. I'm ecstatic with $3 something because I make money with money. I don't 'use' money. If you don't understand that statement then you might be in trouble with your stewardship...
12-3-2024 Intel Guru MarkZ [via PDK] They have a “cut sheet” in banks and stores showing these [500 and 250 dinar notes]. These bills were printed in 2018 by DelaRue. They have been preparing for this for many years.
12-3-2024 Guru Nader From The Mid East I would not be flying to Iraq to make the exchange. I'll be flying out Iraq to make the change. I'll go there, pick up some money and come back [to U.S]. That's what I will do.
12-3-2024 Newshound Guru Sandy Ingram For those of you who can travel to Iraq, it is best to deal with your money matters in Baghdad or Erbil...When the currency increases in value, some of you may decide you want to travel to Iraq and it's not a big deal. Wrong! It is a big deal. Yes, you see YouTubers traveling through Iraq but it's not that simple. The moment you enter the country with a U.S. passport your life can change instantly...The threat of terrorism, armed conflict, kidnapping and violent crime - This is the State Department's Standard comment in travel warnings. What the State Department is really saying is if you get into trouble we do not have the resources or the network of people to get you out of trouble. This is why [we] recommend US citizens to not travel to Iraq.
12-3-2024 Intel Guru MarkZ [via PDK] Doesn’t it make a great bridge…a functional currency when the rate changes? Suddenly it RVs and a $250 notes goes from .19 cents to (lets say ) $25.00? that is a massive change in value. I have some pretty excited folks from Iraq who say “this is it” and now all they have to do is release the even smaller notes which they already have... There is no reason to release those notes unless a revaluation was happening soon. And they expect it to be done on or before Victory Day [December 10]. This $250 note being released should have you all excited. [Post 2 of 2]
12-3-2024 Intel Guru MarkZ [via PDK] I have a number of confirmations with people on the ground in Iraq that they are seeing some lower denominations in Iraq. They are seeing $500’s and $250’s...they have suddenly released a large number of them into the market. They are functionally pretty useless right now. With the current pricing right now of the dinar, the $250 dinar note is worth about .19 cents US. The $500 note is worth about .38 cents US. Why would they suddenly release into circulation so many of these bills? Why do you need a bunch of notes only worth .19 Cents? You don’t. [Post 1 of 2....stay tuned]
12-3-2024 Newshound Guru Pimpy Real Effective Exchange Rate - that is not the nominal exchange rate that we see. The one we watch is called a nominal exchange rate. We get 1307 dinar for every dollar...What is a Real Effective Exchange Rate (REER)? The weighted average of a county's currency in relation to an index or basket of other major currencies...It's making a comparison of goods sold. They're trying to see if they are competitive against other countries. It's not the same thing as a nominal exchange rate...an officially announced rate. The Central Bank sets the exchange rate if it is fixed. It doesn't set the exchange rate if it's floating, which is determined by supply and demand...One is dealing with good sold and the other is dealing with the actual exchange of one currency for the other.
12-3-2024 Newshound Guru Clare Article quote: "The monetary position in Iraq is (very excellent) at the present time in terms of controlling inflation and the high adequacy of foreign reserves, which enables the Central Bank to remain stable, defend the exchange rate, and achieve monetary stability, despite the circumstances surrounding the country and the region, indicating that the reserve covers our needs, and this is what distinguishes the Central Bank of Iraq compared to other central banks in the region."
12-3-2024 Intel Guru MarkZ [via PDK] “Parliamentary Finance: The meeting with oil focused on discussing the amendment of an item in the budget” Specifically they are discussing the last sticking point with the HCL. When that is finished - my Iraqi contacts are telling me the HCL will add value to the dinar. It is expected to be finished before Dec. 10th.
12-3-2024 Newshound Guru Militia Man We all know that once Iraq decides to bring out a real effective exchange rate the parallel market is going to be completely changed 100%. They've openly told you by the end of the year they're going to do that...It seems they're ready to do it. They stopped the loans early, two weeks in advance.
12-3-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy wants to tell you that the day when we stop the currency auction and deal no more in dollars in these auction but all in payout of dinars, it's either very soon before or right after that of the closing of the auctions we have to see a new rate... FRANK: You're 100% correct Mr. Sammy. You know what they're going to do. They're going to lift the value...Stopping of these auctions will require a new exchange rate...They're going to stop them on December 31, 2024.
12-3-2024 Newshound Guru Kaperoni Fitch [an American credit rating agency] Affirms Iraq's Credit Rating at B- with Stable Outlook.
12-3-2024 Intel Guru Wolverine [via Judy Byington] ...I’m very, very happy as Christmas is coming much early. That is all I can say. Merry Christmas everyone.
12-3-2024 Intel Guru Frank26 Question: "In the past you said if the dinar comes out at $3.22 you'll dump all your dinar in one shot. Do you still believe that?" Yeah, because look at my age...This December 20th I'll be 69. At my age, if it comes out at $3 something, shoot I'm going to exchange all of it because at my age I don't want to wait another year or two to watch it go up. Why should I gamble for it to go into the four, five or whatever range. I'm happy with three something. I'm ecstatic with $3 something because I make money with money. I don't 'use' money. If you don't understand that statement then you might be in trouble with your stewardship...
12-3-2024 Intel Guru MarkZ [via PDK] They have a “cut sheet” in banks and stores showing these [500 and 250 dinar notes]. These bills were printed in 2018 by DelaRue. They have been preparing for this for many years.
12-3-2024 Guru Nader From The Mid East I would not be flying to Iraq to make the exchange. I'll be flying out Iraq to make the change. I'll go there, pick up some money and come back [to U.S]. That's what I will do.
12-3-2024 Newshound Guru Sandy Ingram For those of you who can travel to Iraq, it is best to deal with your money matters in Baghdad or Erbil...When the currency increases in value, some of you may decide you want to travel to Iraq and it's not a big deal. Wrong! It is a big deal. Yes, you see YouTubers traveling through Iraq but it's not that simple. The moment you enter the country with a U.S. passport your life can change instantly...The threat of terrorism, armed conflict, kidnapping and violent crime - This is the State Department's Standard comment in travel warnings. What the State Department is really saying is if you get into trouble we do not have the resources or the network of people to get you out of trouble. This is why [we] recommend US citizens to not travel to Iraq.
12-3-2024 Intel Guru MarkZ [via PDK] Doesn’t it make a great bridge…a functional currency when the rate changes? Suddenly it RVs and a $250 notes goes from .19 cents to (lets say ) $25.00? that is a massive change in value. I have some pretty excited folks from Iraq who say “this is it” and now all they have to do is release the even smaller notes which they already have... There is no reason to release those notes unless a revaluation was happening soon. And they expect it to be done on or before Victory Day [December 10]. This $250 note being released should have you all excited. [Post 2 of 2]
12-3-2024 Intel Guru MarkZ [via PDK] I have a number of confirmations with people on the ground in Iraq that they are seeing some lower denominations in Iraq. They are seeing $500’s and $250’s...they have suddenly released a large number of them into the market. They are functionally pretty useless right now. With the current pricing right now of the dinar, the $250 dinar note is worth about .19 cents US. The $500 note is worth about .38 cents US. Why would they suddenly release into circulation so many of these bills? Why do you need a bunch of notes only worth .19 Cents? You don’t. [Post 1 of 2....stay tuned]
12-3-2024 Newshound Guru Pimpy Real Effective Exchange Rate - that is not the nominal exchange rate that we see. The one we watch is called a nominal exchange rate. We get 1307 dinar for every dollar...What is a Real Effective Exchange Rate (REER)? The weighted average of a county's currency in relation to an index or basket of other major currencies...It's making a comparison of goods sold. They're trying to see if they are competitive against other countries. It's not the same thing as a nominal exchange rate...an officially announced rate. The Central Bank sets the exchange rate if it is fixed. It doesn't set the exchange rate if it's floating, which is determined by supply and demand...One is dealing with good sold and the other is dealing with the actual exchange of one currency for the other.
12-3-2024 Newshound Guru Clare Article quote: "The monetary position in Iraq is (very excellent) at the present time in terms of controlling inflation and the high adequacy of foreign reserves, which enables the Central Bank to remain stable, defend the exchange rate, and achieve monetary stability, despite the circumstances surrounding the country and the region, indicating that the reserve covers our needs, and this is what distinguishes the Central Bank of Iraq compared to other central banks in the region."
12-3-2024 Intel Guru MarkZ [via PDK] “Parliamentary Finance: The meeting with oil focused on discussing the amendment of an item in the budget” Specifically they are discussing the last sticking point with the HCL. When that is finished - my Iraqi contacts are telling me the HCL will add value to the dinar. It is expected to be finished before Dec. 10th.
12-3-2024 Newshound Guru Militia Man We all know that once Iraq decides to bring out a real effective exchange rate the parallel market is going to be completely changed 100%. They've openly told you by the end of the year they're going to do that...It seems they're ready to do it. They stopped the loans early, two weeks in advance.
12-3-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy wants to tell you that the day when we stop the currency auction and deal no more in dollars in these auction but all in payout of dinars, it's either very soon before or right after that of the closing of the auctions we have to see a new rate... FRANK: You're 100% correct Mr. Sammy. You know what they're going to do. They're going to lift the value...Stopping of these auctions will require a new exchange rate...They're going to stop them on December 31, 2024.
12-3-2024 Newshound Guru Kaperoni Fitch [an American credit rating agency] Affirms Iraq's Credit Rating at B- with Stable Outlook.
12-3-2024 Intel Guru Wolverine [via Judy Byington] ...I’m very, very happy as Christmas is coming much early. That is all I can say. Merry Christmas everyone.
12-2-2024 Newshound Guru Clare Article: "Government Advisor: Number of Bank Accounts in Iraq Increases to More Than 14 Million” Quote: "Salih, confirmed today, Saturday, that financial inclusion in Iraq, represented by bank accounts, has risen to 14 million, with 20 million users, while indicating that Iraq is witnessing a boom in adopting e-governance as a basis for integrity and financial efficiency...national indicators confirm that financial inclusion in Iraq has increased from 20% to 48% at present compared to previous years..."
12-2-2024 Newshound Guru Militia Man The world has expectations of Iraq doing things. Remember the World Bank is the one that said be prepared for shocks. They have to be careful with that because technically having Iraq open up to the world and adjusting her real effective exchange rate with her true value is going to be reflected at some point in time in the Forex because she's going to be doing international trade.
12-2-2024 Intel Guru MarkZ [via PDK] “Central Bank reveals the volume of its dollar sales today.” Today they spend $285 million in dollars and getting more dinar off the streets. Which increased the value.
12-2-2024 Newshound Guru Pimpy There is no contract rate. There is no redemption center. Once [the dinar] is no longer sanctioned and they're back on the Forex and they're trading and banks are no longer restricted on dealing with the Iraqi dinar...all you do is take your currency into the bank and exchange it. There are no redemption centers. Let me repeat this. There's no special rates...no redemption centers...no 800 numbers..no meetings going on in Reno...no bonds that are being dealt with. These are all lies...There's no redemption centers, just take it to the damn bank.
12-2-2024 Intel Guru Frank26 America First Credit Union member may visit select branches to exchange up to $5000. There is a $10 transaction fee if you exchange more than $300 and a $20 fee for exchanges under $300...Do your work..Look these places up and learn about their services... [Dinar Guru Note: The rate of the Iraqi dinar has not dramatically changed yet...You can always check the official Iraqi dinar CBI rate in the left column of this page - The Dinar Guru homepage.]
12-2-2024 Newshound Guru Sandy Ingram Trump wrote on his social media account...They can go find another sucker. There is no chance the bricks will replace the US in international trade and any country that tries should wave goodbye to American. U.S. president-elect Donald Trump has put the BRICS nations on notice with a fiery warning that sounds like it came straight from a blockbuster movie script...while doubling down on threats of a whopping 100% tariff. Talk about a power move...We can only be happy Iraq is not in the middle of this silent soon-to-be tug of war. Iraq has over $100 billion in foreign currency reserves stashed in the US Federal Reserve Bank. And they are trying to tell us Iraq cannot afford $0.10 to 1 Iraqi dinar?
12-2-2024 Intel Guru MarkZ [via PDK] Comment: I hear we have an RV this week. MarkZ: That’s the word out there…Guess we will see if its fact or fiction. We are very close either way...today and tomorrow are in the crosshairs for pulling the trigger on a reset. There are a ton of rumors for today.
12-2-2024 Newshound Guru Clare Article: "Donald Trump has been secretly communicating with ‘man crush’ Jamie Dimon about White House agenda for months" Quote: "JPMorgan Chase CEO Jamie Dimon has been communicating with Donald Trump in recent months through secret back channels, helping the president-elect hammer out a policy agenda before and since his decisive White House victory"
12-2-2024 Newshound/Intel Guru Mnt Goat ...I want to tell you the statistics of the monetary mass in Iraq is in dinars not US dollars. Thus, 100 trillion dinars or about not even a trillion US dollars. I also want to bring out that the CBI just told us the size of the Iraqi foreign exchange reserves exceeds by 140% the local currency issued... in the USA...the equivalent of the 1 dinar is expected to come out as about $4 USD.
12-2-2024 Newshound Guru Militia Man Everyone is very impressed with Iraq's prime minister and especially where they are today. They're focus is financial inclusion, bringing the Iraqi world, to the world...They got new technologies ... electronic taxes and tariffs...they're breaking out with their stock exchange. Their stock exchange has been on fire the last two year. One thing after another supports that Iraq has moved and done...things we've never seen before. It's powerful information...It's exciting times...
12-2-2024 Intel Guru MarkZ [via PDK] Question: Mark- are you seeing $3.90 as a rate for the dong? MarkZ: We have seen as high as $3.90…and as low as .39 cents. We don’t know for certain what the rate is going to be. These are from banking contacts who told me what they are seeing fluctuating on bank screens.
12-2-2024 Newshound Guru Militia Man The world has expectations of Iraq doing things. Remember the World Bank is the one that said be prepared for shocks. They have to be careful with that because technically having Iraq open up to the world and adjusting her real effective exchange rate with her true value is going to be reflected at some point in time in the Forex because she's going to be doing international trade.
12-2-2024 Intel Guru MarkZ [via PDK] “Central Bank reveals the volume of its dollar sales today.” Today they spend $285 million in dollars and getting more dinar off the streets. Which increased the value.
12-2-2024 Newshound Guru Pimpy There is no contract rate. There is no redemption center. Once [the dinar] is no longer sanctioned and they're back on the Forex and they're trading and banks are no longer restricted on dealing with the Iraqi dinar...all you do is take your currency into the bank and exchange it. There are no redemption centers. Let me repeat this. There's no special rates...no redemption centers...no 800 numbers..no meetings going on in Reno...no bonds that are being dealt with. These are all lies...There's no redemption centers, just take it to the damn bank.
12-2-2024 Intel Guru Frank26 America First Credit Union member may visit select branches to exchange up to $5000. There is a $10 transaction fee if you exchange more than $300 and a $20 fee for exchanges under $300...Do your work..Look these places up and learn about their services... [Dinar Guru Note: The rate of the Iraqi dinar has not dramatically changed yet...You can always check the official Iraqi dinar CBI rate in the left column of this page - The Dinar Guru homepage.]
12-2-2024 Newshound Guru Sandy Ingram Trump wrote on his social media account...They can go find another sucker. There is no chance the bricks will replace the US in international trade and any country that tries should wave goodbye to American. U.S. president-elect Donald Trump has put the BRICS nations on notice with a fiery warning that sounds like it came straight from a blockbuster movie script...while doubling down on threats of a whopping 100% tariff. Talk about a power move...We can only be happy Iraq is not in the middle of this silent soon-to-be tug of war. Iraq has over $100 billion in foreign currency reserves stashed in the US Federal Reserve Bank. And they are trying to tell us Iraq cannot afford $0.10 to 1 Iraqi dinar?
12-2-2024 Intel Guru MarkZ [via PDK] Comment: I hear we have an RV this week. MarkZ: That’s the word out there…Guess we will see if its fact or fiction. We are very close either way...today and tomorrow are in the crosshairs for pulling the trigger on a reset. There are a ton of rumors for today.
12-2-2024 Newshound Guru Clare Article: "Donald Trump has been secretly communicating with ‘man crush’ Jamie Dimon about White House agenda for months" Quote: "JPMorgan Chase CEO Jamie Dimon has been communicating with Donald Trump in recent months through secret back channels, helping the president-elect hammer out a policy agenda before and since his decisive White House victory"
12-2-2024 Newshound/Intel Guru Mnt Goat ...I want to tell you the statistics of the monetary mass in Iraq is in dinars not US dollars. Thus, 100 trillion dinars or about not even a trillion US dollars. I also want to bring out that the CBI just told us the size of the Iraqi foreign exchange reserves exceeds by 140% the local currency issued... in the USA...the equivalent of the 1 dinar is expected to come out as about $4 USD.
12-2-2024 Newshound Guru Militia Man Everyone is very impressed with Iraq's prime minister and especially where they are today. They're focus is financial inclusion, bringing the Iraqi world, to the world...They got new technologies ... electronic taxes and tariffs...they're breaking out with their stock exchange. Their stock exchange has been on fire the last two year. One thing after another supports that Iraq has moved and done...things we've never seen before. It's powerful information...It's exciting times...
12-2-2024 Intel Guru MarkZ [via PDK] Question: Mark- are you seeing $3.90 as a rate for the dong? MarkZ: We have seen as high as $3.90…and as low as .39 cents. We don’t know for certain what the rate is going to be. These are from banking contacts who told me what they are seeing fluctuating on bank screens.
12-1-2024 Newshound Guru Clare Article: "Iraq suspends official work on Tuesday, December 10 - Urgent" Quote: "official work will be suspended in the country on Tuesday, December 10, on the occasion of Victory Day over ISIS."
12-1-2024 Newshound Guru Militia Man They need to have valuation for [their] assets. I think that's going to be related to an exchange rate, a real effective exchange rate.
12-1-2024 Intel Guru MarkZ [via PDK] There are a whole lot of folks that say all these things coming together means a rate change. I believe them to be accurate.
12-1-2024 Newshound Guru Samson Article: “Baghdad Governor: There is a positive impression regarding Baghdad’s nomination as the capital of tourism for 2025"
12-1-2024 Intel Guru Frank26 Not every bank is going to be able to do this. Not every Chase Bank has the ability because maybe they're mom and pop bank. Certain banks have been designated to do this...People don't realize there are places they can exchange...People are so scared, 'I don't know where to go...' When this thing happens it's going to be so hot... [Dinar Guru Note: We have over 100,000 members scattered all over who will have real world exchange experiences to share. As we learn more, you'll learn more. Get on the Alert list. Blue box above. It's free.]
12-1-2024 Newshound/Intel Guru Fnu Lnu Redemption Centers are remote bank locations. There will be no contract rates unless you have a contract with private buyers pre-October 2011. Everyone will get the same rate due to the Law of One Price.
12-1-2024 Newshound Guru Pimpy As soon as Trump won the presidency we all know he heard from 77 different world leaders...When he got on the phone with the Iraqi leader al-Sudani they took an exceptional amount of time. I told you Trump has plans for al-Sudani and Iraq to be a pivotal player in peace in the Middle East...He's not gong to ask Trump about what the exchange rate is going to be because Trump has nothing to do with it. That is the Central Bank of Iraq...
12-1-2024 Newshound Guru Clare Article: "Trump warns BRICS against replacing dollar with other currencies" Quote: "US President-elect Donald Trump threatened to impose 100 percent customs duties on BRICS countries if they undermine the US dollar...Trump added 'BRICS cannot replace the dollar in world trade, and any country that tries will have to say goodbye to the US market."
12-1-2024 Newshound Guru Militia Man Article: "Trade Bank launches first experimental Visa card." Quote "...the Visa includes features for use in online shopping as well as for use in purchases..." When we go online, we're international in the World Wide Web. It sounds like you're going to be able to use a new electronic card across borders. If this is an international card, showtime is about to being. Because once they have experimented, if it works, everybody's going to get one. [Post 2 of 2]
12-1-2024 Newshound Guru Militia Man We have a couple members that speak fluent Arabic...They come in on occasion and talk to me...or I reach out to them...to see if they can reach out to the tribal people or people that they know that are working on the ground...What I learned was...He gave an example if you're taking a credit/debit card from a country A to country B and it works, meaning you have the ability to transfer money from one country to another on your card, ...you can swipe your card into an ATM and get money, let's say you're [Iraqi], if you're in a different country and you can swipe your card and get dinar or convert [Iraqi dinar] to Jordanian dinar or you can go to Saudi Arabia...the United States... Europe, if the card works in those counties, it's going to be reflective of...an exchange rate... [Post 1 of 2....stay tuned]
12-1-2024 Intel Guru MarkZ [via PDK] Article: “Parliament is likely to pass Personal Status Law during Sunday’s Session” This is one of the controversial laws they need to finish up. This along with the HCL are some of the last changes they wanted for their economic reforms or “White Papers”. In those reforms are Raising the value of the dinar!
12-1-2024 Newshound Guru Militia Man They need to have valuation for [their] assets. I think that's going to be related to an exchange rate, a real effective exchange rate.
12-1-2024 Intel Guru MarkZ [via PDK] There are a whole lot of folks that say all these things coming together means a rate change. I believe them to be accurate.
12-1-2024 Newshound Guru Samson Article: “Baghdad Governor: There is a positive impression regarding Baghdad’s nomination as the capital of tourism for 2025"
12-1-2024 Intel Guru Frank26 Not every bank is going to be able to do this. Not every Chase Bank has the ability because maybe they're mom and pop bank. Certain banks have been designated to do this...People don't realize there are places they can exchange...People are so scared, 'I don't know where to go...' When this thing happens it's going to be so hot... [Dinar Guru Note: We have over 100,000 members scattered all over who will have real world exchange experiences to share. As we learn more, you'll learn more. Get on the Alert list. Blue box above. It's free.]
12-1-2024 Newshound/Intel Guru Fnu Lnu Redemption Centers are remote bank locations. There will be no contract rates unless you have a contract with private buyers pre-October 2011. Everyone will get the same rate due to the Law of One Price.
12-1-2024 Newshound Guru Pimpy As soon as Trump won the presidency we all know he heard from 77 different world leaders...When he got on the phone with the Iraqi leader al-Sudani they took an exceptional amount of time. I told you Trump has plans for al-Sudani and Iraq to be a pivotal player in peace in the Middle East...He's not gong to ask Trump about what the exchange rate is going to be because Trump has nothing to do with it. That is the Central Bank of Iraq...
12-1-2024 Newshound Guru Clare Article: "Trump warns BRICS against replacing dollar with other currencies" Quote: "US President-elect Donald Trump threatened to impose 100 percent customs duties on BRICS countries if they undermine the US dollar...Trump added 'BRICS cannot replace the dollar in world trade, and any country that tries will have to say goodbye to the US market."
12-1-2024 Newshound Guru Militia Man Article: "Trade Bank launches first experimental Visa card." Quote "...the Visa includes features for use in online shopping as well as for use in purchases..." When we go online, we're international in the World Wide Web. It sounds like you're going to be able to use a new electronic card across borders. If this is an international card, showtime is about to being. Because once they have experimented, if it works, everybody's going to get one. [Post 2 of 2]
12-1-2024 Newshound Guru Militia Man We have a couple members that speak fluent Arabic...They come in on occasion and talk to me...or I reach out to them...to see if they can reach out to the tribal people or people that they know that are working on the ground...What I learned was...He gave an example if you're taking a credit/debit card from a country A to country B and it works, meaning you have the ability to transfer money from one country to another on your card, ...you can swipe your card into an ATM and get money, let's say you're [Iraqi], if you're in a different country and you can swipe your card and get dinar or convert [Iraqi dinar] to Jordanian dinar or you can go to Saudi Arabia...the United States... Europe, if the card works in those counties, it's going to be reflective of...an exchange rate... [Post 1 of 2....stay tuned]
12-1-2024 Intel Guru MarkZ [via PDK] Article: “Parliament is likely to pass Personal Status Law during Sunday’s Session” This is one of the controversial laws they need to finish up. This along with the HCL are some of the last changes they wanted for their economic reforms or “White Papers”. In those reforms are Raising the value of the dinar!
11-30-2024 Newshound Guru Samson Article: "Transport: Next month, a meeting with the international organization to resolve the European ban"
11-30-2024 Newshound Guru Militia Man Article quote: "...Fundamental channels to transfer process we find no room for there to be two price for the dollar." Realize that's article VIII compliance with the IMF. They don't want multi currency practices...You got to read these articles...and you have to paint a picture. It's not easy to see. It's really not, but you know what? We can and we're seeing it...
11-30-2024 Newshound Guru Sandy Ingram Although things appear to be on a downward slope, the truth is that things are looking up in a big way for Vietnam. Vietnam Pictorial Article "Foreign investors flock to invest in southern provinces and cities" ...Over 40 German enterprises recently explored investment opportunities...Investors from South Korea, Japan and India have also visited leading to plans for major projects...
11-30-2024 Newshound/Intel Guru Fnu Lnu I have been banking with JPM Chase and WaFd for many years now. My JPM Chase bank has acknowledged that they are aware of the Iraq currency revaluation someday, but have no timeline as has WaFd. I can't imagine any bank employee trying to run business away...even potential / someday business.
11-30-2024 Intel Guru MarkZ [via PDK] Iraq is preparing to vote on a number of very “Key” laws…tomorrow at 1 pm their time….. New budget tables going to parliament on Sunday or Monday so they can settle the HCL. Things are looking good.
11-30-2024 Intel Guru Frank26 Question: "Are those that are in control of the monetary reform waiting for Donald Trump to become the president?" IMO Iraq is waiting for Donald Trump...Iraq simply wants peace. They simply want security and stability for their reforms...Trump IMO will protect the American dollar and in doing so Iraq's exchange rate is going to explode in the float and in the process...
11-30-2024 Newshound Guru Clare Article: "Al-Sudani: We have contact with Trump's team and they want to develop relations with us” Quote: "Iraq's relations with the United States are institutional according to the strategic framework agreement. Al-Sudani said in an interview with the Spanish newspaper El Mundo: We have communication with Trump's team and they want to develop relations with us."
11-30-2024 Newshound Guru Samson Article: "Fitch Affirms Iraq's Credit Rating at B- with Stable Outlook"
11-30-2024 Newshound Guru Militia Man These guys are in a stage of getting ramped up for production for the construction and reconstruction efforts of the country like they've never seen in modern history...The new era...is coming upon Iraq. Let's hope they have a previous era takeoff in a real effective exchange rate to help boost that private sector and industrial capacities that they have going...
11-30-2024 Intel Guru Bruce [via WiserNow] ...our rate should be better at the redemption center...dinar and Dong and I know they're gonna be a lot better on dinar especially because we know there's a contract rate on Dinar that will be offered to us that is extremely high... Okay, not at the bank but at the redemption centers. Just so you know.
11-30-2024 Intel Guru MarkZ [via PDK] I really thought we might be across the finish line before thanksgiving...Comment: Sudani wanted the monetary reform done by Victory Day on Dec 10th. MarkZ: Yes - all my contacts are saying between [now] and Dec. 10th.
11-30-2024 Newshound Guru Militia Man Article quote: "...Fundamental channels to transfer process we find no room for there to be two price for the dollar." Realize that's article VIII compliance with the IMF. They don't want multi currency practices...You got to read these articles...and you have to paint a picture. It's not easy to see. It's really not, but you know what? We can and we're seeing it...
11-30-2024 Newshound Guru Sandy Ingram Although things appear to be on a downward slope, the truth is that things are looking up in a big way for Vietnam. Vietnam Pictorial Article "Foreign investors flock to invest in southern provinces and cities" ...Over 40 German enterprises recently explored investment opportunities...Investors from South Korea, Japan and India have also visited leading to plans for major projects...
11-30-2024 Newshound/Intel Guru Fnu Lnu I have been banking with JPM Chase and WaFd for many years now. My JPM Chase bank has acknowledged that they are aware of the Iraq currency revaluation someday, but have no timeline as has WaFd. I can't imagine any bank employee trying to run business away...even potential / someday business.
11-30-2024 Intel Guru MarkZ [via PDK] Iraq is preparing to vote on a number of very “Key” laws…tomorrow at 1 pm their time….. New budget tables going to parliament on Sunday or Monday so they can settle the HCL. Things are looking good.
11-30-2024 Intel Guru Frank26 Question: "Are those that are in control of the monetary reform waiting for Donald Trump to become the president?" IMO Iraq is waiting for Donald Trump...Iraq simply wants peace. They simply want security and stability for their reforms...Trump IMO will protect the American dollar and in doing so Iraq's exchange rate is going to explode in the float and in the process...
11-30-2024 Newshound Guru Clare Article: "Al-Sudani: We have contact with Trump's team and they want to develop relations with us” Quote: "Iraq's relations with the United States are institutional according to the strategic framework agreement. Al-Sudani said in an interview with the Spanish newspaper El Mundo: We have communication with Trump's team and they want to develop relations with us."
11-30-2024 Newshound Guru Samson Article: "Fitch Affirms Iraq's Credit Rating at B- with Stable Outlook"
11-30-2024 Newshound Guru Militia Man These guys are in a stage of getting ramped up for production for the construction and reconstruction efforts of the country like they've never seen in modern history...The new era...is coming upon Iraq. Let's hope they have a previous era takeoff in a real effective exchange rate to help boost that private sector and industrial capacities that they have going...
11-30-2024 Intel Guru Bruce [via WiserNow] ...our rate should be better at the redemption center...dinar and Dong and I know they're gonna be a lot better on dinar especially because we know there's a contract rate on Dinar that will be offered to us that is extremely high... Okay, not at the bank but at the redemption centers. Just so you know.
11-30-2024 Intel Guru MarkZ [via PDK] I really thought we might be across the finish line before thanksgiving...Comment: Sudani wanted the monetary reform done by Victory Day on Dec 10th. MarkZ: Yes - all my contacts are saying between [now] and Dec. 10th.
11-29-2024 Newshound Guru Samson Article: "Central Bank Governor: We will launch a new mechanism for travel or medical transfers next year"
11-29-2024 Newshound Guru Militia Man Article quote: "Foreign transfers for trade purposes are proceeding smoothly after the implementation of the new system they have in place...The central bank will launch a new mechanism for travel or treatment transfers next year...there are agreements with four companies to launch a new mechanism..." They are going to have things changing through the future. Doesn't mean we're waiting until next year, just means they're going to have changes and because of maybe a major change, they're going to have a need for it even more...
11-29-2024 Newshound Guru Pimpy There's all kinds of rumors from these telegram groups that they are seeing people who have their currencies being exchanged. That's just false. As a matter of fact, your reaction should be the same...look I've heard this all before. When they can show you some undeniable evidence that it's happening, then believe it.
11-29-2024 Newshound Guru Clare Article: "In numbers.. Significant growth in non-oil revenues in Iraq during 2024" Quote: "Iraq's non-oil revenues achieved significant growth during the first nine months of 2024, recording a 198% increase compared to last year, to reach a contribution of 12.3% of the state's total revenues...According to official data, total non-oil revenues during this period amounted to 14 trillion Iraqi dinars, compared to 4.7 trillion dinars during the same period in 2023."
11-29-2024 Newshound Guru Samson Article: ”Parliamentary Committee: We support amending the budget law and we submitted a request to add a new article"
11-29-2024 Intel Guru Frank26 If any bank broke your heart, if any bank made you feel like a complete imbecile, if any bank is giving you a hard time, if any bank here in America says to you, 'You can sign up but we're not going to take care of you until 6 months from now,' you're going to have options...
11-29-2024 Intel Guru Wolverine I’m under an NDA so can’t say much, but we are going to have a wonderful Christmas...
11-29-2024 Newshound Guru Militia Man What is expected from Iraq is a real effective exchange rate. I think that is what's coming. I think everybody has that expectation and they're openly telling them that expectation is real. They're doing it through media. That's happening. TV outlets have been describing the on goings in Iraq and also the neighboring countries and the trading partners. To me the expectations are amazing.
11-29-2024 Intel Guru MarkZ [via PDK] “For the first time since 2003. Non-Oil revenues achieve significant growth in 2024” This gives Iraq stability and helps allow them to raise the value of their currency.
11-29-2024 Newshound/Intel Guru Mnt Goat ...The news from Iraq is all still very good. There is so much progress. The BIG event of course, will be the ending of the current currency auction process and use of the new system already to implement. The CBI has told us that nearly 95% of the current payments needed for imports is covered by the four (4) correspondent banks for this purpose... remember that the clock is ticking and other outside banking relationships must take place but will most probably never take place unless the IQD is valuable again and most importantly on these terms it must also be reinstated back on FOREX for investors to “legally” use this currency in their portfolios of investments for their clients. This is the key. Yes, this is really just where we are right now...
11-29-2024 Newshound Guru Militia Man Article quote: "Foreign transfers for trade purposes are proceeding smoothly after the implementation of the new system they have in place...The central bank will launch a new mechanism for travel or treatment transfers next year...there are agreements with four companies to launch a new mechanism..." They are going to have things changing through the future. Doesn't mean we're waiting until next year, just means they're going to have changes and because of maybe a major change, they're going to have a need for it even more...
11-29-2024 Newshound Guru Pimpy There's all kinds of rumors from these telegram groups that they are seeing people who have their currencies being exchanged. That's just false. As a matter of fact, your reaction should be the same...look I've heard this all before. When they can show you some undeniable evidence that it's happening, then believe it.
11-29-2024 Newshound Guru Clare Article: "In numbers.. Significant growth in non-oil revenues in Iraq during 2024" Quote: "Iraq's non-oil revenues achieved significant growth during the first nine months of 2024, recording a 198% increase compared to last year, to reach a contribution of 12.3% of the state's total revenues...According to official data, total non-oil revenues during this period amounted to 14 trillion Iraqi dinars, compared to 4.7 trillion dinars during the same period in 2023."
11-29-2024 Newshound Guru Samson Article: ”Parliamentary Committee: We support amending the budget law and we submitted a request to add a new article"
11-29-2024 Intel Guru Frank26 If any bank broke your heart, if any bank made you feel like a complete imbecile, if any bank is giving you a hard time, if any bank here in America says to you, 'You can sign up but we're not going to take care of you until 6 months from now,' you're going to have options...
11-29-2024 Intel Guru Wolverine I’m under an NDA so can’t say much, but we are going to have a wonderful Christmas...
11-29-2024 Newshound Guru Militia Man What is expected from Iraq is a real effective exchange rate. I think that is what's coming. I think everybody has that expectation and they're openly telling them that expectation is real. They're doing it through media. That's happening. TV outlets have been describing the on goings in Iraq and also the neighboring countries and the trading partners. To me the expectations are amazing.
11-29-2024 Intel Guru MarkZ [via PDK] “For the first time since 2003. Non-Oil revenues achieve significant growth in 2024” This gives Iraq stability and helps allow them to raise the value of their currency.
11-29-2024 Newshound/Intel Guru Mnt Goat ...The news from Iraq is all still very good. There is so much progress. The BIG event of course, will be the ending of the current currency auction process and use of the new system already to implement. The CBI has told us that nearly 95% of the current payments needed for imports is covered by the four (4) correspondent banks for this purpose... remember that the clock is ticking and other outside banking relationships must take place but will most probably never take place unless the IQD is valuable again and most importantly on these terms it must also be reinstated back on FOREX for investors to “legally” use this currency in their portfolios of investments for their clients. This is the key. Yes, this is really just where we are right now...
11-28-2024 Newshound Guru Militia Man They're talking about "financial risks". They weren't talking in that way when they were moving forward into an international world with the 1310. They're talking about preparedness for a change...They're focusing in on their banking sector. Article quote "These days there's growing interest in the banking sector in general both government and private sectors..." The banking sector is looking to be in good shape for this new stage. That's what they're presenting...
11-28-2024 Newshound Guru Samson Article: "Economist: Non-oil revenues to achieve significant growth in 2024"
11-28-2024 Intel Guru MarkZ [via PDK] Article: “The upcoming session will witness a vote on all controversial laws” one of the most controversial laws is the HCL and the profit sharing agreement. It is a key piece for a revaluation.
11-28-2024 Newshound Guru Sandy Ingram Here's why Vietnam's currency keeps floating downward compared to the US dollar. According to Reuters the Vietnamese Dong has experienced depreciation against the US dollar due to a combination of global and domestic factors. 1. The strengthening of the U.S. dollar. 2. Interest rate differentials. Vietnam's Central Bank has maintained lower interest rates to stimulate economic growth. 3. Trade and investment flows. Fluctuations in Vietnam's trade balance and foreign direct investment can influence currency values. 4. Inflationary pressures. Higher domestic inflation rates can trade the purchasing power of the VND leading to depreciation. 5. Speculative activities. Market speculation and currency hoarding can amplify exchange rate volatility. These five factors are the same factors representing the exchange rate between the USD and IQD.
11-28-2024 Newshound/Intel Guru Fnu Lnu [Response to Guru Bruce Contract Rate Post from 11-26-2024 below] You are NOT going to get a contract rate offered on your Dinar. You will get a contract rate ONLY if you have a contract...All contracts were shut down in late 2011, FOR A FACT! Unless you made a contract with a private buyer BEFORE October 2011, you will get the same rate as everyone else.
11-28-2024 Intel Guru Frank26 [Response to what the community is hearing from Chase Banks - That you have to wait 6 months before you can exchange your foreign currency. 'Your account has to be with us at least 6 months before we do something like that.'] What district of stupid are you from? Are you serious? You know how many dinars I got and you're going to give up that fee because I haven't had my bank for 6 months? ...I don't think they're going to apply that rule. The moment this breaks loose...this thing is going to crack open. Everybody's going to want you...It is in my strong opinion, let go of this rumor that you're going to have to wait six months...I don't think Chase is going to force you to wait 6 months before you can exchange currency with them. But if for some strange reason they actually do apply that...walk out the door and go to the other bank...Don't forget my friend Aki...'Private Banks' that will represent the Central Bank of Iraq...
11-28-2024 Newshound Guru Militia Man Alaq is talking about having an anticipation of a celebration...They told you almost a year ago that Iraq would be the savior of the financial system and bring confidence to the world...We're seeing them at the end of that transformation...
11-28-2024 Intel Guru Bruce [via WiserNow] Some of our sources said that the Iraqi Dinar as well as some of...the other currencies are to be placed on the Forex... Now we've had the fact that they've traded. We have not seen them on our Forex screens, but the theory is that once the dinar is on the Forex ...we're off to the races...
11-28-2024 Newshound/Intel Guru Mnt Goat So, now since the census is taken, the GOI can legally compensate and prove why they are compensating the amounts to the Kurds. This is really WOW! news for us today...you can see how this census results would also be useful in rebuilding the Iraqi economy besides Article 140 and HCl disputes. It was way overdue. This is yet another sign to us investors that Iraq is now serious about moving ahead.[Post 2 of 2]
11-28-2024 Newshound/Intel Guru Mnt Goat In the study of the recent Iraqi census taking...you can clearly see the recent census was a national census taken with the help of the United Nations (UN). The UN every so many decades takes a global census to determine the world’s population and demographics. Iraq is also going to use this census as part of the Article 140 distribution of the Kurdistan monthly payments of oil revenues to the region from the GOI. It will also help resolve part of the Oil and Gas law...Note, I did not say excess oil revenues or oil wealth distribution...This census taking has VERY LITTLE to do with the HCL individual Oil revenue sharing/distribution... [Post 1 of 2]
11-28-2024 Newshound Guru Samson Article: "Economist: Non-oil revenues to achieve significant growth in 2024"
11-28-2024 Intel Guru MarkZ [via PDK] Article: “The upcoming session will witness a vote on all controversial laws” one of the most controversial laws is the HCL and the profit sharing agreement. It is a key piece for a revaluation.
11-28-2024 Newshound Guru Sandy Ingram Here's why Vietnam's currency keeps floating downward compared to the US dollar. According to Reuters the Vietnamese Dong has experienced depreciation against the US dollar due to a combination of global and domestic factors. 1. The strengthening of the U.S. dollar. 2. Interest rate differentials. Vietnam's Central Bank has maintained lower interest rates to stimulate economic growth. 3. Trade and investment flows. Fluctuations in Vietnam's trade balance and foreign direct investment can influence currency values. 4. Inflationary pressures. Higher domestic inflation rates can trade the purchasing power of the VND leading to depreciation. 5. Speculative activities. Market speculation and currency hoarding can amplify exchange rate volatility. These five factors are the same factors representing the exchange rate between the USD and IQD.
11-28-2024 Newshound/Intel Guru Fnu Lnu [Response to Guru Bruce Contract Rate Post from 11-26-2024 below] You are NOT going to get a contract rate offered on your Dinar. You will get a contract rate ONLY if you have a contract...All contracts were shut down in late 2011, FOR A FACT! Unless you made a contract with a private buyer BEFORE October 2011, you will get the same rate as everyone else.
11-28-2024 Intel Guru Frank26 [Response to what the community is hearing from Chase Banks - That you have to wait 6 months before you can exchange your foreign currency. 'Your account has to be with us at least 6 months before we do something like that.'] What district of stupid are you from? Are you serious? You know how many dinars I got and you're going to give up that fee because I haven't had my bank for 6 months? ...I don't think they're going to apply that rule. The moment this breaks loose...this thing is going to crack open. Everybody's going to want you...It is in my strong opinion, let go of this rumor that you're going to have to wait six months...I don't think Chase is going to force you to wait 6 months before you can exchange currency with them. But if for some strange reason they actually do apply that...walk out the door and go to the other bank...Don't forget my friend Aki...'Private Banks' that will represent the Central Bank of Iraq...
11-28-2024 Newshound Guru Militia Man Alaq is talking about having an anticipation of a celebration...They told you almost a year ago that Iraq would be the savior of the financial system and bring confidence to the world...We're seeing them at the end of that transformation...
11-28-2024 Intel Guru Bruce [via WiserNow] Some of our sources said that the Iraqi Dinar as well as some of...the other currencies are to be placed on the Forex... Now we've had the fact that they've traded. We have not seen them on our Forex screens, but the theory is that once the dinar is on the Forex ...we're off to the races...
11-28-2024 Newshound/Intel Guru Mnt Goat So, now since the census is taken, the GOI can legally compensate and prove why they are compensating the amounts to the Kurds. This is really WOW! news for us today...you can see how this census results would also be useful in rebuilding the Iraqi economy besides Article 140 and HCl disputes. It was way overdue. This is yet another sign to us investors that Iraq is now serious about moving ahead.[Post 2 of 2]
11-28-2024 Newshound/Intel Guru Mnt Goat In the study of the recent Iraqi census taking...you can clearly see the recent census was a national census taken with the help of the United Nations (UN). The UN every so many decades takes a global census to determine the world’s population and demographics. Iraq is also going to use this census as part of the Article 140 distribution of the Kurdistan monthly payments of oil revenues to the region from the GOI. It will also help resolve part of the Oil and Gas law...Note, I did not say excess oil revenues or oil wealth distribution...This census taking has VERY LITTLE to do with the HCL individual Oil revenue sharing/distribution... [Post 1 of 2]
11-27-2024 Newshound Guru Militia Man Article quote: "The government has not neglected to implement the national strategy for the private sector which hopes that the private sectors contribution to the country's GDP will increase from 37% currently to more than 54% in the coming years." ...The GDP was derived 95% from oil. Now they're talking about the private sector is going to increase up from 37% to more than 54%.
11-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani on television again this afternoon saying the CBI has progressed in the 77 past years and they have dealt with all the challenges and the reforms...Alaq on television talking about the CBI...the more we listen the more it sounds like he's telling us they're going to be giving us our purchasing power very soon. FRANK: They're telling you your country...bank...economy is exploding. That's impossible at a program rate...It's their way of telling you what they promised you...purchasing power in your currency. It is coming.
11-27-2024 Intel Guru MarkZ [via PDK] Question: Do you have a guesstimate of rates...? MarkZ: On the dong we have seen anything from .39 cents to $3.90 recently... I am hearing now that it could be closer to the $3.50 - $3.90 range. I am hearing low $4’s on the dinar but they have seen $6 - $8...
11-27-2024 Newshound/Intel Guru Walkingstick The CBI and the US Treasury are monitoring the black market...The market of Iraq should reflect the official exchange rate. There should not be any other exchange rate to compete against the official exchange rate. There should be only a single exchange rate in a country, not two or three. That's what the monetary reform education is teaching the citizens right now...
11-27-2024 Newshound Guru Clare Article: "Al-Alaq on the platform closure: There is no sudden transition, but rather a gradual one that will be completed within two weeks" Quote: "Alaq, announced...that the monetary situation in Iraq is at its best...External transfers for trade purposes are proceeding smoothly after the implementation of the new system...There is no sudden transition, but rather a gradual transition that began in 2024, where the banks’ relationship was transferred directly to correspondent banks without going through other links, and the process was completed successfully...More than 95% of this goal has been achieved, and this process will be completed successfully within the next two weeks...There is international anticipation to celebrate this occasion.”
11-27-2024 Intel Guru MarkZ [via PDK] None of my sources say it’s happening today…but some folks think the next 3 days are highly possible.
11-27-2024 Newshound/Intel Guru Fnu Lnu We are hearing a constant drone of how the GOI is trying to combat the parallel market /black market. Once again, I am calling B.S.! Any thinking person can understand and realize, the way you put an instant end to the black market is to revalue the currency (IQD) to a rate higher / more valuable than the Dollar. I maintain that this is nothing more than a stall tactic to hold off the RV / RI of the IQD. Occam's Razor is almost always the correct answer, but why are they doing this?
11-27-2024 Newshound Guru Samson Article: "Unprecedented numbers... American CNN talks about tourism in Iraq" Quote: "The American network CNN published a report in which it confirmed the increase in the number of Western tourists heading to Iraq"
11-27-2024 Newshound/Intel Guru Mnt Goat ...post RV Iraq will...be on the hook to sell oil to the US at a fixed, low price for the next 30 years (oil credits from our exchanges). This is in part how Iraq is going to pay for the exchange of currency on revaluation...
11-27-2024 Newshound Guru Militia Man We are watching Iraq open up to the world. We're talking about integration into international markets, international banking...From national to international inter-connectivity...This is what's happening with Iraq...
11-27-2024 Intel Guru Frank26 US Bank, not USA, US Bank customers may exchange currency at a local branch or online. There is a $10 transaction fee for order of $250 or less. Orders that exceed this amount do not have a transaction fee...Do your work..Look these places up and learn about their services... [Dinar Guru Note: The rate of the Iraqi dinar has not dramatically changed yet...You can always check the official Iraqi dinar CBI rate in the left column of this page.]
11-27-2024 Intel Guru MarkZ [via PDK] Article: “Iraq exports more than 100 million barrels of oil last October” that was last month. Its obvious we are just waiting on the official HCL announcement. And they have placed a mechanism into the budget law for a rate change …Why would they do that if they did not expect a rate change? There is an amendment specifically for the change in the value of their currency. This is for all of those who says this will never happen.
11-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani on television again this afternoon saying the CBI has progressed in the 77 past years and they have dealt with all the challenges and the reforms...Alaq on television talking about the CBI...the more we listen the more it sounds like he's telling us they're going to be giving us our purchasing power very soon. FRANK: They're telling you your country...bank...economy is exploding. That's impossible at a program rate...It's their way of telling you what they promised you...purchasing power in your currency. It is coming.
11-27-2024 Intel Guru MarkZ [via PDK] Question: Do you have a guesstimate of rates...? MarkZ: On the dong we have seen anything from .39 cents to $3.90 recently... I am hearing now that it could be closer to the $3.50 - $3.90 range. I am hearing low $4’s on the dinar but they have seen $6 - $8...
11-27-2024 Newshound/Intel Guru Walkingstick The CBI and the US Treasury are monitoring the black market...The market of Iraq should reflect the official exchange rate. There should not be any other exchange rate to compete against the official exchange rate. There should be only a single exchange rate in a country, not two or three. That's what the monetary reform education is teaching the citizens right now...
11-27-2024 Newshound Guru Clare Article: "Al-Alaq on the platform closure: There is no sudden transition, but rather a gradual one that will be completed within two weeks" Quote: "Alaq, announced...that the monetary situation in Iraq is at its best...External transfers for trade purposes are proceeding smoothly after the implementation of the new system...There is no sudden transition, but rather a gradual transition that began in 2024, where the banks’ relationship was transferred directly to correspondent banks without going through other links, and the process was completed successfully...More than 95% of this goal has been achieved, and this process will be completed successfully within the next two weeks...There is international anticipation to celebrate this occasion.”
11-27-2024 Intel Guru MarkZ [via PDK] None of my sources say it’s happening today…but some folks think the next 3 days are highly possible.
11-27-2024 Newshound/Intel Guru Fnu Lnu We are hearing a constant drone of how the GOI is trying to combat the parallel market /black market. Once again, I am calling B.S.! Any thinking person can understand and realize, the way you put an instant end to the black market is to revalue the currency (IQD) to a rate higher / more valuable than the Dollar. I maintain that this is nothing more than a stall tactic to hold off the RV / RI of the IQD. Occam's Razor is almost always the correct answer, but why are they doing this?
11-27-2024 Newshound Guru Samson Article: "Unprecedented numbers... American CNN talks about tourism in Iraq" Quote: "The American network CNN published a report in which it confirmed the increase in the number of Western tourists heading to Iraq"
11-27-2024 Newshound/Intel Guru Mnt Goat ...post RV Iraq will...be on the hook to sell oil to the US at a fixed, low price for the next 30 years (oil credits from our exchanges). This is in part how Iraq is going to pay for the exchange of currency on revaluation...
11-27-2024 Newshound Guru Militia Man We are watching Iraq open up to the world. We're talking about integration into international markets, international banking...From national to international inter-connectivity...This is what's happening with Iraq...
11-27-2024 Intel Guru Frank26 US Bank, not USA, US Bank customers may exchange currency at a local branch or online. There is a $10 transaction fee for order of $250 or less. Orders that exceed this amount do not have a transaction fee...Do your work..Look these places up and learn about their services... [Dinar Guru Note: The rate of the Iraqi dinar has not dramatically changed yet...You can always check the official Iraqi dinar CBI rate in the left column of this page.]
11-27-2024 Intel Guru MarkZ [via PDK] Article: “Iraq exports more than 100 million barrels of oil last October” that was last month. Its obvious we are just waiting on the official HCL announcement. And they have placed a mechanism into the budget law for a rate change …Why would they do that if they did not expect a rate change? There is an amendment specifically for the change in the value of their currency. This is for all of those who says this will never happen.
11-26-2024 Newshound Guru Militia Man Article quote: "The objectives of banking reforming Iraq will end with a high integration that achieves competitiveness, homogeneity, compliance and governance within the Iraqi banking market and achieves the integration of the national banking market with the global market." They haven't ever done that with an exchange rate of 1180, 1166, 1182, 1310, 1450...Never happened. Then why would they just all of a sudden say, 'Now it's okay'? ...Integrating Iraq's national banking market system with the global market system in my view will require a real effective exchange rate...
11-26-2024 Intel Guru Frank26 What is it that the Central Bank of Iraq needed in order to bring forth a new exchange rate and the lower notes to the citizens? Security and stability. That was the key. You cannot do anything without security and stability...Article quote: "Alaq, the monetary situation in Iraq is excellent and our reserves support the stability of the exchange rate." ...That's a confession...you have stability!
11-26-2024 Intel Guru MarkZ [via PDK] There are some golden articles out of Iraq overnight: “Finance Committee reveals the outline of amending the budget law” They are almost done. “The Oil Committee meets to discuss the text of the budget amendment regarding Kurdistan oil.” The Kurdish region will start exporting about 450,000 barrels of oil per month and a extra billion dollars from the Kurdish region for government revenues alone. These are huge numbers and would not be happening if HCL was not at least agreed too. I think they are still hiding that. It’s not been officially announced but there are some solid clues that it could be done.
11-26-2024 Newshound Guru Clare Article: "Al-Alaq: The monetary situation in Iraq is excellent and our reserves support the stability of the exchange rate" Quote: "Alaq, confirmed...the monetary situation in Iraq is very excellent, noting that the increase in the volume of reserves enables us to support the exchange rate and achieve monetary stability.”
11-26-2024 Newshound Guru Militia Man We've been waiting to hear some more information out of Alaq, the Central Bank Governor. Here's Alaq - Article "The monetary situation in Iraq is excellent and our reserves support the stability of the exchange rate" That's pretty powerful language from Alaq...They talked about the volume of their reserves and how much they have increased it to well over $110 billion. They've got gold reserves. They have that so they have the mechanisms in place to be able to have stability.
11-26-2024 Newshound Guru PompeyPeter These are not the normal auctions these are the bond investment auctions which they were given 14 days to get onboard with...They would conclude the 26th...The purpose of those bonds was largely to give back IMO to the people...to invest, get their chunky dinars out, get some more of them off the streets and they could invest in their country. What it would mean is they get a nice interest rate when they matured in a very short time and it also meant they get the big lovely bonus of extra purchasing power when the RV occurred. They are due to complete [today 11/26/2024] [Post 2 of 2]
11-26-2024 Newshound Guru PompeyPeter A lot of people "called it". A lot of people got egg on their faces. Everybody gets it wrong from time to time and everybody has to take their turn. There are gurus out there with egos the size of a planet...who just can't hold their hands out and say, 'Oops, I got it wrong'...There was a slim chance, a slim chance, it could have gone but that chance depended on B320 which has to do with the bond auction... [Post 1 of 2]
11-26-2024 Newshound Guru Samson Article: ”Al-Alaq: The monetary situation in Iraq is excellent and our reserves support the stability of the exchange rate"
11-26-2024 Intel Guru MarkZ [via PDK] What are they saying the dinar will be worth now? MarkZ: ...most people believe it will be in the high $3's or low $4’s. On the dong we once again had new values show up again. Surprising rates on screens like $3.9003333 - I think it was. This was on late Sunday. Was it a glitch or hiccup or testing? We don’t know. But it is curious. If dong goes that high - WOW!
11-26-2024 Intel Guru Frank26 [Chase Bank Story Continued] You know Iraq is about to announce a new exchange rate and I'm looking for someone to take care of me...I looked at Wells Fargo...U.S. Bank and now I'm looking at you...I have Iraqi dinar and I'm looking to exchange. She said, well it has to be registered with a country and we don't support it at this time but how much do you have. I didn't tell her [exactly] how much, a 'healthy amount' and then she says to me, well, I want to get you in touch with a private banker. FRANK: Isn't it amazing how their song changed as you were listening to her? What did she offer after that? BANK STORY PERSON: She said she's going to put me in touch with a private banker. Now the next step is to wait for the private banker to call... [Post 2 of 2]
11-26-2024 Intel Guru Frank26 [Chase Bank Story] FRANK: Does this wealth manager know you have dinars? BANK STORY PERSON: She does now! ...I'm talking to the wealth manager and she wants to know what the investment is about. I said it's about foreign currency. She said, what type? I said the Iraqi dinar and she said immediately, we don't support that at this time. I was thinking in the back of my mind, Frank is right because when I spoke to her months ago she said, I don't know anything about that...Now it's, 'we don't support it at this time.' I thought I was being kind of clever because I wanted her to realize how serious I was and I said to her... [Post 1 of 2....stay tuned]
11-26-2024 Newshound Guru Militia Man All of those things over the last 21 years that they've been working on are now coming to a final end because they're getting to that stage where Iraq is ready to hit the ground running. They have the saturation. They have the education for the citizens...well over $110 billion in reserves...153 tons of gold...Their coverage is completely well done for their currency that they have outstanding. That's a really good sign.
11-26-2024 Intel Guru Bruce [via WiserNow] ...You're going to get a contract rate offered to you on dinar... Dong is going to be a great rate, way better than certain people thought it would ever be.
11-26-2024 Intel Guru MarkZ [via PDK] Article: “Iraq announces the results of its population census: More than 45 million” What does that mean? Many people are returning to Iraq that had left during the war. These results allow them to properly divide and move funds. The census being completed was another thing I was told they needed for the HCL…before they pull the trigger.
11-26-2024 Intel Guru Frank26 What is it that the Central Bank of Iraq needed in order to bring forth a new exchange rate and the lower notes to the citizens? Security and stability. That was the key. You cannot do anything without security and stability...Article quote: "Alaq, the monetary situation in Iraq is excellent and our reserves support the stability of the exchange rate." ...That's a confession...you have stability!
11-26-2024 Intel Guru MarkZ [via PDK] There are some golden articles out of Iraq overnight: “Finance Committee reveals the outline of amending the budget law” They are almost done. “The Oil Committee meets to discuss the text of the budget amendment regarding Kurdistan oil.” The Kurdish region will start exporting about 450,000 barrels of oil per month and a extra billion dollars from the Kurdish region for government revenues alone. These are huge numbers and would not be happening if HCL was not at least agreed too. I think they are still hiding that. It’s not been officially announced but there are some solid clues that it could be done.
11-26-2024 Newshound Guru Clare Article: "Al-Alaq: The monetary situation in Iraq is excellent and our reserves support the stability of the exchange rate" Quote: "Alaq, confirmed...the monetary situation in Iraq is very excellent, noting that the increase in the volume of reserves enables us to support the exchange rate and achieve monetary stability.”
11-26-2024 Newshound Guru Militia Man We've been waiting to hear some more information out of Alaq, the Central Bank Governor. Here's Alaq - Article "The monetary situation in Iraq is excellent and our reserves support the stability of the exchange rate" That's pretty powerful language from Alaq...They talked about the volume of their reserves and how much they have increased it to well over $110 billion. They've got gold reserves. They have that so they have the mechanisms in place to be able to have stability.
11-26-2024 Newshound Guru PompeyPeter These are not the normal auctions these are the bond investment auctions which they were given 14 days to get onboard with...They would conclude the 26th...The purpose of those bonds was largely to give back IMO to the people...to invest, get their chunky dinars out, get some more of them off the streets and they could invest in their country. What it would mean is they get a nice interest rate when they matured in a very short time and it also meant they get the big lovely bonus of extra purchasing power when the RV occurred. They are due to complete [today 11/26/2024] [Post 2 of 2]
11-26-2024 Newshound Guru PompeyPeter A lot of people "called it". A lot of people got egg on their faces. Everybody gets it wrong from time to time and everybody has to take their turn. There are gurus out there with egos the size of a planet...who just can't hold their hands out and say, 'Oops, I got it wrong'...There was a slim chance, a slim chance, it could have gone but that chance depended on B320 which has to do with the bond auction... [Post 1 of 2]
11-26-2024 Newshound Guru Samson Article: ”Al-Alaq: The monetary situation in Iraq is excellent and our reserves support the stability of the exchange rate"
11-26-2024 Intel Guru MarkZ [via PDK] What are they saying the dinar will be worth now? MarkZ: ...most people believe it will be in the high $3's or low $4’s. On the dong we once again had new values show up again. Surprising rates on screens like $3.9003333 - I think it was. This was on late Sunday. Was it a glitch or hiccup or testing? We don’t know. But it is curious. If dong goes that high - WOW!
11-26-2024 Intel Guru Frank26 [Chase Bank Story Continued] You know Iraq is about to announce a new exchange rate and I'm looking for someone to take care of me...I looked at Wells Fargo...U.S. Bank and now I'm looking at you...I have Iraqi dinar and I'm looking to exchange. She said, well it has to be registered with a country and we don't support it at this time but how much do you have. I didn't tell her [exactly] how much, a 'healthy amount' and then she says to me, well, I want to get you in touch with a private banker. FRANK: Isn't it amazing how their song changed as you were listening to her? What did she offer after that? BANK STORY PERSON: She said she's going to put me in touch with a private banker. Now the next step is to wait for the private banker to call... [Post 2 of 2]
11-26-2024 Intel Guru Frank26 [Chase Bank Story] FRANK: Does this wealth manager know you have dinars? BANK STORY PERSON: She does now! ...I'm talking to the wealth manager and she wants to know what the investment is about. I said it's about foreign currency. She said, what type? I said the Iraqi dinar and she said immediately, we don't support that at this time. I was thinking in the back of my mind, Frank is right because when I spoke to her months ago she said, I don't know anything about that...Now it's, 'we don't support it at this time.' I thought I was being kind of clever because I wanted her to realize how serious I was and I said to her... [Post 1 of 2....stay tuned]
11-26-2024 Newshound Guru Militia Man All of those things over the last 21 years that they've been working on are now coming to a final end because they're getting to that stage where Iraq is ready to hit the ground running. They have the saturation. They have the education for the citizens...well over $110 billion in reserves...153 tons of gold...Their coverage is completely well done for their currency that they have outstanding. That's a really good sign.
11-26-2024 Intel Guru Bruce [via WiserNow] ...You're going to get a contract rate offered to you on dinar... Dong is going to be a great rate, way better than certain people thought it would ever be.
11-26-2024 Intel Guru MarkZ [via PDK] Article: “Iraq announces the results of its population census: More than 45 million” What does that mean? Many people are returning to Iraq that had left during the war. These results allow them to properly divide and move funds. The census being completed was another thing I was told they needed for the HCL…before they pull the trigger.
11-25-2024 Newshound Guru Militia Man Is it over just yet today? No, but the cool part is we can see the expectations are running really high of getting your currency [Iraqi dinar] value, purchasing power, because you're going to revalue your currency. They're openly talking about things like that. They're telling us like it is and they're telling the citizens like it is on TV. It wasn't just one person, it's many people. Now we have confirmation again from boots on the ground. That is exciting. They got it this morning. We don't have a date, but that's ok, because we can see that it's happening.
11-25-2024 Intel Guru Frank26 I bought my first dinars back in 2004 when they were commissioned by the IMF to print new currency. I jumped on it right away. A million back then was between $500 and $600. Do you realize I have doubled my money if I was to go in and cash my dinars in right now. I'd walk out with a profit. But I don't. That's not my end goal. I'm looking for the Real Effective Exchange Rate. That will only occur in float. It will only float once they release the new currency with a new rate. IMO that's what we're witnessing right now.
11-25-2024 Newshound Guru Samson Article: "Turkish Trade Minister: Iraq is our third largest trading partner"
11-25-2024 Newshound/Intel Guru Walkingstick Auctions are now only needed for the government of Iraq because oil sales in USDs are done in USD. Then they are converted to IQDs because they are phasing out the dollar. This equals phasing out the auctions. Everyone will only use the IQD in Iraq.
11-25-2024 Intel Guru MarkZ [via PDK] “Iraq’s 2023 budget...Will the amendments get the budget back on track?” Remember the budget is for 2023, 2024, 2025…They are talking budgets, tables, oil etc. this week. Several controversial laws are hitting parliament tomorrow. Article: “Parliamentary finance reveals budget paragraphs covered by the amendment” this includes all the stuff for voting on tomorrow. Its getting exciting in Iraq and we may just see RV this week. I am feeling very upbeat.
11-25-2024 Newshound Guru Sandy Ingram The Central Bank of Iraq has imposed regulations on currency transactions...As of January 1, 2024 Iraq banned cash withdrawals and transactions in US dollars to prevent the misuse of hard currency reserves and to comply with international sanctions, particularly concerning Iran. Despite these control the Iraqi dinar is used in international trade and the country engages in foreign exchange activities. The CBI has increased overseas dollar transactions through the official Global Swift System to combat the black market and ensure compliance with international financial standards. Due to restrictions, exchanging Iraq currency for US dollars is difficult. As investors it appears we must wait for Iraq's future international policies before we can trade in our Iraqi dinar for US dollars.
11-25-2024 Newshound Guru Clare Article: "Iraq announces population census results at over 45 million amid slight increase in males" Quote: "Al-Sudani pointed out that the number of males reached 22 million, 784 thousand, and 62 people, representing 50.1 percent, while the number of females reached 22 million, 623 thousand, and 833 people, representing 49.8 percent...families headed by women are 11.33 percent, and those headed by men are 88.67 percent...The number of housing units in Iraq reached 8 million, 37 thousand, and 221 units...the percentage of floors is 92.1 percent, the percentage of apartments is 6.6 percent, and the percentage of mud floors is 4 percent...The percentage of the population under working age, less than 15 years, is 36.1 percent...the percentage of the population over working age, 65 years and over, is 3.7 percent."
11-25-2024 Newshound Guru Militia Man That 2024 budget needs to be taken care of. It needs to be exposed...They haven't exposed that 2024 budget... because it is really sensitive in the sense of it has to deal with their real effective exchange rate...They're telling the people that they're going to do something. That expectation is pretty high. They're telling the people that. They're openly telling them that there's purchasing power and the need for those national cards is really important where you won't get the value that you're supposed to...It's happening as we can see.
11-25-2024 Intel Guru Frank26 HCL...equals a new exchange rate because that's what the HCL has been waiting for. What are you going to do take your [Iraqi citizen's] oil and mineral rights and calculate by pennies and give you 47 cents every month? I don't think so.
11-25-2024 Intel Guru MarkZ [via PDK] ...there are a lot of rumors about tomorrow…I’m trying to stay calm and see what happens...Pray that hopefully this is it.
11-25-2024 Intel Guru RayRen98 [via Judy Byington] Ray said he is very excited. When asked between 1 and 10.. with 10 being the highest… Ray said he is at 12!
11-25-2024 Newshound Guru Samson Article: "Minister of Planning announces the success of the general census in Iraq"
11-25-2024 Newshound Guru Militia Man Article: "The Central Bank moves its secret values to its new building. Clarification of the truth of the claim" Ultimately they are moving stuff into the new bank and I think that's heck of a timing for what we're expecting. It would be very apropos for Iraq to make a move when the central bank is ready to go. If that's the case now, it sounds good to me.
11-25-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Big news on television...Iraq is starting a policy to monitor the difference in the dollar rate official versus the black market to the dinar. They are relating to the exchange rate...They are calling everyone to pay attention to a new policy. I'm a little excited. FRANK: This is very big news...This is the monetary reform education getting louder. It's at the point where they are screaming at you now...They're looking at the black market rate against the real official exchange rate (REER)...The thieves in your country that profit from stealing the value of your currency are now being controlled by Sudani through his banks monetary reform policies. No more stealing from you Iraqi citizens... purchasing power.
11-25-2024 Newshound/Intel Guru Mnt Goat We have been witnessing the preparation of a huge move for the Iraqi financial system come the end of the year. I do not want anyone to think that everything will go so smoothly. Iraq has already told us there will be some bumps but as the international community comes to support the dinar more and more things will then quickly recover...
11-25-2024 Intel Guru MarkZ [via PDK] “Commission: This week will witness the ratification of the results of the Kurdistan Parliament elections” More news for the HCL? I was always told once the official announcement that HCL has passed has occurred- we were within days of the RV. That is why we keep watching it. [Dinar Guru Note: See the full Guru List of Possible to-do's in the left column of this page.]
11-25-2024 Intel Guru Frank26 I bought my first dinars back in 2004 when they were commissioned by the IMF to print new currency. I jumped on it right away. A million back then was between $500 and $600. Do you realize I have doubled my money if I was to go in and cash my dinars in right now. I'd walk out with a profit. But I don't. That's not my end goal. I'm looking for the Real Effective Exchange Rate. That will only occur in float. It will only float once they release the new currency with a new rate. IMO that's what we're witnessing right now.
11-25-2024 Newshound Guru Samson Article: "Turkish Trade Minister: Iraq is our third largest trading partner"
11-25-2024 Newshound/Intel Guru Walkingstick Auctions are now only needed for the government of Iraq because oil sales in USDs are done in USD. Then they are converted to IQDs because they are phasing out the dollar. This equals phasing out the auctions. Everyone will only use the IQD in Iraq.
11-25-2024 Intel Guru MarkZ [via PDK] “Iraq’s 2023 budget...Will the amendments get the budget back on track?” Remember the budget is for 2023, 2024, 2025…They are talking budgets, tables, oil etc. this week. Several controversial laws are hitting parliament tomorrow. Article: “Parliamentary finance reveals budget paragraphs covered by the amendment” this includes all the stuff for voting on tomorrow. Its getting exciting in Iraq and we may just see RV this week. I am feeling very upbeat.
11-25-2024 Newshound Guru Sandy Ingram The Central Bank of Iraq has imposed regulations on currency transactions...As of January 1, 2024 Iraq banned cash withdrawals and transactions in US dollars to prevent the misuse of hard currency reserves and to comply with international sanctions, particularly concerning Iran. Despite these control the Iraqi dinar is used in international trade and the country engages in foreign exchange activities. The CBI has increased overseas dollar transactions through the official Global Swift System to combat the black market and ensure compliance with international financial standards. Due to restrictions, exchanging Iraq currency for US dollars is difficult. As investors it appears we must wait for Iraq's future international policies before we can trade in our Iraqi dinar for US dollars.
11-25-2024 Newshound Guru Clare Article: "Iraq announces population census results at over 45 million amid slight increase in males" Quote: "Al-Sudani pointed out that the number of males reached 22 million, 784 thousand, and 62 people, representing 50.1 percent, while the number of females reached 22 million, 623 thousand, and 833 people, representing 49.8 percent...families headed by women are 11.33 percent, and those headed by men are 88.67 percent...The number of housing units in Iraq reached 8 million, 37 thousand, and 221 units...the percentage of floors is 92.1 percent, the percentage of apartments is 6.6 percent, and the percentage of mud floors is 4 percent...The percentage of the population under working age, less than 15 years, is 36.1 percent...the percentage of the population over working age, 65 years and over, is 3.7 percent."
11-25-2024 Newshound Guru Militia Man That 2024 budget needs to be taken care of. It needs to be exposed...They haven't exposed that 2024 budget... because it is really sensitive in the sense of it has to deal with their real effective exchange rate...They're telling the people that they're going to do something. That expectation is pretty high. They're telling the people that. They're openly telling them that there's purchasing power and the need for those national cards is really important where you won't get the value that you're supposed to...It's happening as we can see.
11-25-2024 Intel Guru Frank26 HCL...equals a new exchange rate because that's what the HCL has been waiting for. What are you going to do take your [Iraqi citizen's] oil and mineral rights and calculate by pennies and give you 47 cents every month? I don't think so.
11-25-2024 Intel Guru MarkZ [via PDK] ...there are a lot of rumors about tomorrow…I’m trying to stay calm and see what happens...Pray that hopefully this is it.
11-25-2024 Intel Guru RayRen98 [via Judy Byington] Ray said he is very excited. When asked between 1 and 10.. with 10 being the highest… Ray said he is at 12!
11-25-2024 Newshound Guru Samson Article: "Minister of Planning announces the success of the general census in Iraq"
11-25-2024 Newshound Guru Militia Man Article: "The Central Bank moves its secret values to its new building. Clarification of the truth of the claim" Ultimately they are moving stuff into the new bank and I think that's heck of a timing for what we're expecting. It would be very apropos for Iraq to make a move when the central bank is ready to go. If that's the case now, it sounds good to me.
11-25-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Big news on television...Iraq is starting a policy to monitor the difference in the dollar rate official versus the black market to the dinar. They are relating to the exchange rate...They are calling everyone to pay attention to a new policy. I'm a little excited. FRANK: This is very big news...This is the monetary reform education getting louder. It's at the point where they are screaming at you now...They're looking at the black market rate against the real official exchange rate (REER)...The thieves in your country that profit from stealing the value of your currency are now being controlled by Sudani through his banks monetary reform policies. No more stealing from you Iraqi citizens... purchasing power.
11-25-2024 Newshound/Intel Guru Mnt Goat We have been witnessing the preparation of a huge move for the Iraqi financial system come the end of the year. I do not want anyone to think that everything will go so smoothly. Iraq has already told us there will be some bumps but as the international community comes to support the dinar more and more things will then quickly recover...
11-25-2024 Intel Guru MarkZ [via PDK] “Commission: This week will witness the ratification of the results of the Kurdistan Parliament elections” More news for the HCL? I was always told once the official announcement that HCL has passed has occurred- we were within days of the RV. That is why we keep watching it. [Dinar Guru Note: See the full Guru List of Possible to-do's in the left column of this page.]
11-22-2024 Intel Guru Frank26 Article: "American companies arrive in Kurdistan.. The region signs an agreement to enhance trade and investment" What is going to fuel the exchange rate? Oil.
11-22-2024 Newshound Guru Samson Article: "Al-Sudani receives a call from Putin.. They discussed the energy file"
11-22-2024 Intel Guru MarkZ [via PDK] “Planning the announcement of the preliminary results of the general census of Iraq next week” ...I have a feeling this may be what we are waiting for. Many in Iraq say they are waiting on this for distribution of funds and to change the value. I hope so.
11-22-2024 Newshound Guru Militia Man They want this [census] to be as accurate as possible, which is good. There's going to be consequences if you don't play by the rules, just like the black market. If you don't play by the rules...you're going to find yourself where the dinar becomes stronger than the dollar, the people still holding dollars in the country are not going to be happy. Oh, well, that's on them...The expectation is they're going to get money. They're going to get what they deserve...off their natural resources...
11-22-2024 Newshound Guru Clare Article: "American companies arrive in Kurdistan.. The region signs an agreement to enhance trade and investment" Quote: "The Kurdistan Region Investment Board announced...the signing of an agreement between local and American companies to enhance coordination in the fields of trade and investment, during a visit by a delegation of 30 American companies to the region."
11-22-2024 Newshound Guru Kaperoni The dinar is not a lottery ticket so there is no significant RV or instantaneous riches. It could take months or even years to significantly improve the value of the Iraqi dinar based on the economic success in Iraq.
11-22-2024 Intel Guru Frank26 The tellers, it's the front line there, they don't know anything. The executive level has the meeting IMO knows what's going on with the Iraqi dinar, is being very careful. This is a speculative investment. You can't talk about it...They decided years ago to 'just lie to them.' They did.
11-22-2024 Guru Nader From The Mid East We will not go more than $4 so don't waste your time and ask question about $16, $8, $11 and $12. Don't even do that now. Come out at $3, yes. If they reinstate it will come out at 3 to 1... $2.83, $2.87 to 1 or more maybe. But it will not be more than $4. I think $4 is too much too because no money in the world cost that much...Give me $2.50 I'd be happy.
11-22-2024 Intel Guru MarkZ [via PDK] Article: “Parliament will resume the session next week and clarify the mechanisms for extending its legislative term.” They are committed to finishing some key things before they call it a holiday. The session is still expected to end just before Dec 10th which is “Victory Day” I am still hearing HCL is in there as well. And hopefully a rate change.
11-22-2024 Newshound Guru Samson Article: "Parliamentary movement to dismiss the Governor of the Central Bank, Ali Al-Alaq"
11-22-2024 Newshound Guru Militia Man Article: "IMF: Arab country confirms commitment to flexible exchange rate" Quote: "The International Monetary Fund (IMF) mission that visited Egypt announced that the Central Bank has confirmed its commitment to maintaining a flexible exchange rate regime, in order to protect the Egyptian economy from external shocks." ...Flexible exchange rate...is one that is determined by market forces of supply and demand in the foreign exchange market. The IMF suggesting shocks to come is likely a heads up that change is coming. Let's hope that change to come is for Iraq's exchange rate...
11-22-2024 Intel Guru Frank26 The monetary reform education now IMO is not only saying we're lifting the three zeros but they're also now explaining to the citizens the effect from lifting the three zeros of their exchange rate - What will that do to the currency of Iraq. Whereas before you had scientists, professors, people from the CBI giving lectures and telling them, 'We'll this is my opinion about what might happen...' But now, forget the opinions. Forget the negativity...
11-22-2024 Newshound Guru Clare Article: "Al-Sudani directs census teams to complete their mission tomorrow, Friday"
11-22-2024 Intel Guru MarkZ [via PDK] Article: “Parliamentary Finance: There is no justification for delaying the 2025 budget schedules” There is a lot of discussion that we could see them this week along with 3 difficult laws passed. Article: “Next week: A parliamentarian reveals a political concensus to approve 3 controversial laws” ...There are rumors that the Hydro Carbon law (HCL) is among those...When they pass HCL - we know we are close to being finished. They have already started oil shipments again so I believe it could be done.
11-22-2024 Intel Guru Bruce [via WiserNow] ...This past Saturday and this past Sunday...They took four of our currencies, Iraqi Dinar, Vietnamese Dong, Afghanistan Afghani and the Indonesian Rupiah, those four currencies are being tested on all bank screens around the globe, and they wanted to test and make sure the rates of those were coming up the same in each country where they were showing up...the word was, they all went off without a hitch. So the system is ready.
11-22-2024 Newshound Guru Samson Article: "Al-Sudani receives a call from Putin.. They discussed the energy file"
11-22-2024 Intel Guru MarkZ [via PDK] “Planning the announcement of the preliminary results of the general census of Iraq next week” ...I have a feeling this may be what we are waiting for. Many in Iraq say they are waiting on this for distribution of funds and to change the value. I hope so.
11-22-2024 Newshound Guru Militia Man They want this [census] to be as accurate as possible, which is good. There's going to be consequences if you don't play by the rules, just like the black market. If you don't play by the rules...you're going to find yourself where the dinar becomes stronger than the dollar, the people still holding dollars in the country are not going to be happy. Oh, well, that's on them...The expectation is they're going to get money. They're going to get what they deserve...off their natural resources...
11-22-2024 Newshound Guru Clare Article: "American companies arrive in Kurdistan.. The region signs an agreement to enhance trade and investment" Quote: "The Kurdistan Region Investment Board announced...the signing of an agreement between local and American companies to enhance coordination in the fields of trade and investment, during a visit by a delegation of 30 American companies to the region."
11-22-2024 Newshound Guru Kaperoni The dinar is not a lottery ticket so there is no significant RV or instantaneous riches. It could take months or even years to significantly improve the value of the Iraqi dinar based on the economic success in Iraq.
11-22-2024 Intel Guru Frank26 The tellers, it's the front line there, they don't know anything. The executive level has the meeting IMO knows what's going on with the Iraqi dinar, is being very careful. This is a speculative investment. You can't talk about it...They decided years ago to 'just lie to them.' They did.
11-22-2024 Guru Nader From The Mid East We will not go more than $4 so don't waste your time and ask question about $16, $8, $11 and $12. Don't even do that now. Come out at $3, yes. If they reinstate it will come out at 3 to 1... $2.83, $2.87 to 1 or more maybe. But it will not be more than $4. I think $4 is too much too because no money in the world cost that much...Give me $2.50 I'd be happy.
11-22-2024 Intel Guru MarkZ [via PDK] Article: “Parliament will resume the session next week and clarify the mechanisms for extending its legislative term.” They are committed to finishing some key things before they call it a holiday. The session is still expected to end just before Dec 10th which is “Victory Day” I am still hearing HCL is in there as well. And hopefully a rate change.
11-22-2024 Newshound Guru Samson Article: "Parliamentary movement to dismiss the Governor of the Central Bank, Ali Al-Alaq"
11-22-2024 Newshound Guru Militia Man Article: "IMF: Arab country confirms commitment to flexible exchange rate" Quote: "The International Monetary Fund (IMF) mission that visited Egypt announced that the Central Bank has confirmed its commitment to maintaining a flexible exchange rate regime, in order to protect the Egyptian economy from external shocks." ...Flexible exchange rate...is one that is determined by market forces of supply and demand in the foreign exchange market. The IMF suggesting shocks to come is likely a heads up that change is coming. Let's hope that change to come is for Iraq's exchange rate...
11-22-2024 Intel Guru Frank26 The monetary reform education now IMO is not only saying we're lifting the three zeros but they're also now explaining to the citizens the effect from lifting the three zeros of their exchange rate - What will that do to the currency of Iraq. Whereas before you had scientists, professors, people from the CBI giving lectures and telling them, 'We'll this is my opinion about what might happen...' But now, forget the opinions. Forget the negativity...
11-22-2024 Newshound Guru Clare Article: "Al-Sudani directs census teams to complete their mission tomorrow, Friday"
11-22-2024 Intel Guru MarkZ [via PDK] Article: “Parliamentary Finance: There is no justification for delaying the 2025 budget schedules” There is a lot of discussion that we could see them this week along with 3 difficult laws passed. Article: “Next week: A parliamentarian reveals a political concensus to approve 3 controversial laws” ...There are rumors that the Hydro Carbon law (HCL) is among those...When they pass HCL - we know we are close to being finished. They have already started oil shipments again so I believe it could be done.
11-22-2024 Intel Guru Bruce [via WiserNow] ...This past Saturday and this past Sunday...They took four of our currencies, Iraqi Dinar, Vietnamese Dong, Afghanistan Afghani and the Indonesian Rupiah, those four currencies are being tested on all bank screens around the globe, and they wanted to test and make sure the rates of those were coming up the same in each country where they were showing up...the word was, they all went off without a hitch. So the system is ready.
11-21-2024 Intel Guru Frank26 Article: "Salaries may be funded after census holiday" If so...then there is a new exchange rate. It's not just funding of the salaries, it's everything. The new exchange rate, the HCL, the salaries, everything in your budget. Nothing is being held back any longer. It's plainly there explained right there in plain sight.
11-21-2024 Newshound Guru Clare Article: "Planning: Announcement of preliminary results of the general census in Iraq will be next week" Quote: "The initial results will be announced after collecting and verifying the data, and this will be next week, either on Sunday or Monday, stressing that the announcement will be at an official press conference, and will include the results of the population of Iraq, the population of each governorate, the number of males and females, and age groups."
11-21-2024 Newshound Guru Samson Article: “Prime Minister: Population census will establish a new Iraq based on accurate analysis"
11-21-2024 Newshound Guru Militia Man Iraq is closed down right now for the census...It's going to take about 48 hours...The new technical system they have is going to work quickly.
11-21-2024 Intel Guru MarkZ [via PDK] I am expecting something big very soon. A number of sources are expecting something big tomorrow. We will see.
11-21-2024 Guru Nader From The Mid East They been talking about the exchange rate every day almost to get it better and better. I think it's going to happen soon...I think it's coming. I'm just going like this with my hands [rubbing them back in forth in anticipation.]
11-21-2024 Newshound Guru Sandy Ingram Thirdly, we know Iraq has overprinted the currency and it would be convenient for the country to ignore bank notes outside of the country...We found the documentation that proves most of us are legal holders of our Iraqi dinar. The information was found in the US State Department Archives. Here's what it says, 'The currency of Iraq is the dinar (IQD), sometimes referred to as the new Iraqi dinar. Iraq's current exchange system is characterized as a free foreign exchange system with no restrictions on purchases or sales of foreign currencies. The Iraqi currency is fully convertible and can be exchanged freely with any other currency...' [Post 2 of 2]
11-21-2024 Newshound Guru Sandy Ingram Here's what's been happening behind the scenes surrounding the IQD bank notes that are outside of Iraq. Someone, somewhere implied we are holding Iraqi bank notes illegally. There are a number of reasons why this rumor has taken root but not to worry...no federal US agency has supported this claim. [We] believe this rumor was started by people who want to shut down IQD videos and with good reason. Some of the claims being made on Iraqi dinar channels are completely untrue and have no documentation. The second reason for the rumor is the closer Iraq gets to satisfying its economic goals the more illegal actors want to collect IQD banknotes for potential profits. [Post 1 of 2...stay tuned]
11-21-2024 Intel Guru Frank26 This monetary reform education has taken a quantum leap...Notice the pattern. They did what we told you they're going to talk to them about the monetary reform education. They're going to teach them about the history...the float...the coins...lifting of the three zeros...They're going to compare it with other currencies around their Middle East area. All of that has happened, has it not? Yeah!
11-21-2024 Newshound Guru Clare Article: "The Prime Minister's Financial Advisor, Mazhar Mohammed Saleh, confirmed...the population census data will direct government investments to improve infrastructure and services, while indicating that national development plans will depend on the census results"
11-21-2024 Newshound Guru Samson Article: "Deputy of the Framework: Population census is essential for fair distribution of financial allocations"
11-21-2024 Intel Guru MarkZ [via PDK] We do expect the census to be wrapped up this evening as far as the in-person counting…and then a day or two for them to have the very accurate census figures. Those final figures will be done very quickly.
11-21-2024 Newshound Guru Militia Man One of our members speaks fluent Arabic...You have to ask questions. 'Hey, I've heard this, is there any validity to it?' What are they talking about in the streets? What is the educational process? ...Purchase power... , about registering for the national card... Why? Because that's going to be part of the wealth that is going to be replaced. They're going to give back wealth to the citizens. They're going to use those cards. If you don't have a card you're not going to be a part of it...It's true. It's on [Iraqi] TV.
11-21-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy said that soon all that will be on the news from now on to educate the Iraqi citizens will be on the currency being pegged to a basket and what currency. FRANK: Dear God! ...They're already done educating you on the internal actions of lifting the three zeros. Now hey are educating you on the monetary from externally, the float, which actually has nothing to do with you Iraqi citizens...This is incredible! ...It really indicates you are at the very end. It's soon to be given to you.
11-21-2024 Newshound/Intel Guru Mnt Goat Article: “DELETE ZEROS AND EVALUATE THE DINAR“ this...new article...by Ali Daadoush, the Iraqi economists... is concentrating on the revaluation part giving examples of countries that recently revalued and how it worked. The part that sparked my interest the most was...quote: “After the revaluation, it was linked to a basket of global currencies.” He was referring to the Chinese government Yuan and its revaluation of its currency in 2005, which was then linked to the US dollar prior to the revaluation. However, after the revaluation, it was linked to a basket of global currencies...I believe he is telling the citizens of Iraq that this also is what will occur to the IQD when it too revalues soon.
11-21-2024 Intel Guru Bruce [via WiserNow] ...we did hear a few days ago - guess it was over the weekend...that it was very likely that we would get started this week, and that was really good news...So that's what we've been waiting for...This is the information we've been looking to receive. Very excited about it.
11-21-2024 Newshound Guru Clare Article: "Planning: Announcement of preliminary results of the general census in Iraq will be next week" Quote: "The initial results will be announced after collecting and verifying the data, and this will be next week, either on Sunday or Monday, stressing that the announcement will be at an official press conference, and will include the results of the population of Iraq, the population of each governorate, the number of males and females, and age groups."
11-21-2024 Newshound Guru Samson Article: “Prime Minister: Population census will establish a new Iraq based on accurate analysis"
11-21-2024 Newshound Guru Militia Man Iraq is closed down right now for the census...It's going to take about 48 hours...The new technical system they have is going to work quickly.
11-21-2024 Intel Guru MarkZ [via PDK] I am expecting something big very soon. A number of sources are expecting something big tomorrow. We will see.
11-21-2024 Guru Nader From The Mid East They been talking about the exchange rate every day almost to get it better and better. I think it's going to happen soon...I think it's coming. I'm just going like this with my hands [rubbing them back in forth in anticipation.]
11-21-2024 Newshound Guru Sandy Ingram Thirdly, we know Iraq has overprinted the currency and it would be convenient for the country to ignore bank notes outside of the country...We found the documentation that proves most of us are legal holders of our Iraqi dinar. The information was found in the US State Department Archives. Here's what it says, 'The currency of Iraq is the dinar (IQD), sometimes referred to as the new Iraqi dinar. Iraq's current exchange system is characterized as a free foreign exchange system with no restrictions on purchases or sales of foreign currencies. The Iraqi currency is fully convertible and can be exchanged freely with any other currency...' [Post 2 of 2]
11-21-2024 Newshound Guru Sandy Ingram Here's what's been happening behind the scenes surrounding the IQD bank notes that are outside of Iraq. Someone, somewhere implied we are holding Iraqi bank notes illegally. There are a number of reasons why this rumor has taken root but not to worry...no federal US agency has supported this claim. [We] believe this rumor was started by people who want to shut down IQD videos and with good reason. Some of the claims being made on Iraqi dinar channels are completely untrue and have no documentation. The second reason for the rumor is the closer Iraq gets to satisfying its economic goals the more illegal actors want to collect IQD banknotes for potential profits. [Post 1 of 2...stay tuned]
11-21-2024 Intel Guru Frank26 This monetary reform education has taken a quantum leap...Notice the pattern. They did what we told you they're going to talk to them about the monetary reform education. They're going to teach them about the history...the float...the coins...lifting of the three zeros...They're going to compare it with other currencies around their Middle East area. All of that has happened, has it not? Yeah!
11-21-2024 Newshound Guru Clare Article: "The Prime Minister's Financial Advisor, Mazhar Mohammed Saleh, confirmed...the population census data will direct government investments to improve infrastructure and services, while indicating that national development plans will depend on the census results"
11-21-2024 Newshound Guru Samson Article: "Deputy of the Framework: Population census is essential for fair distribution of financial allocations"
11-21-2024 Intel Guru MarkZ [via PDK] We do expect the census to be wrapped up this evening as far as the in-person counting…and then a day or two for them to have the very accurate census figures. Those final figures will be done very quickly.
11-21-2024 Newshound Guru Militia Man One of our members speaks fluent Arabic...You have to ask questions. 'Hey, I've heard this, is there any validity to it?' What are they talking about in the streets? What is the educational process? ...Purchase power... , about registering for the national card... Why? Because that's going to be part of the wealth that is going to be replaced. They're going to give back wealth to the citizens. They're going to use those cards. If you don't have a card you're not going to be a part of it...It's true. It's on [Iraqi] TV.
11-21-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy said that soon all that will be on the news from now on to educate the Iraqi citizens will be on the currency being pegged to a basket and what currency. FRANK: Dear God! ...They're already done educating you on the internal actions of lifting the three zeros. Now hey are educating you on the monetary from externally, the float, which actually has nothing to do with you Iraqi citizens...This is incredible! ...It really indicates you are at the very end. It's soon to be given to you.
11-21-2024 Newshound/Intel Guru Mnt Goat Article: “DELETE ZEROS AND EVALUATE THE DINAR“ this...new article...by Ali Daadoush, the Iraqi economists... is concentrating on the revaluation part giving examples of countries that recently revalued and how it worked. The part that sparked my interest the most was...quote: “After the revaluation, it was linked to a basket of global currencies.” He was referring to the Chinese government Yuan and its revaluation of its currency in 2005, which was then linked to the US dollar prior to the revaluation. However, after the revaluation, it was linked to a basket of global currencies...I believe he is telling the citizens of Iraq that this also is what will occur to the IQD when it too revalues soon.
11-21-2024 Intel Guru Bruce [via WiserNow] ...we did hear a few days ago - guess it was over the weekend...that it was very likely that we would get started this week, and that was really good news...So that's what we've been waiting for...This is the information we've been looking to receive. Very excited about it.
11-20-2024 Newshound Guru Samson Article: "Minister of Health: We have 31 pharmaceutical factories in Iraq and twenty others are under construction"
11-20-2024 Intel Guru Frank26 Question: "You said we didn't need the census for the HCL, we're using Article 140 the old census right?" That's right, under the old exchange rate. The new exchange rate will be with the new monetary reform...This census is important.
11-20-2024 Newshound Guru Militia Man Economic stability is going to have a strong viable internationally acceptable currency. That's why we're here and invested in this. Take it seriously.
11-20-2024 Newshound Guru Pimpy The first thing that's going to happen, there's no doubt about this, is going to be the deletion of the zeros before they change the exchange rate. I'm not saying they both can't happen at the same time, I just think at first you're going to get the new currency, people are going to have to make adjustments to the cost of good, the cost of services, the pricing on your goods being sold, price on services being sold, all that has to adjust to the new currency. That goes for people inside of Iraq...
11-20-2024 Guru Nader From The Mid East No body have to do with the exchange rate besides the government of Iraq or the Central Bank of Iraq. The Treasury have nothing to do with it. United States have nothing to do with it. Nobody has to do with it...HCL and all that not have nothing to do with it.
11-20-2024 Intel Guru Frank26 Banks now know...That's why they're not saying it's a scam anymore. Instead they tell you if they can help you or not because like I told you, not every bank in America is going to be exchanging...
11-20-2024 Newshound Guru Samson Article: ”Association of Banks: 28 billion dinars are withdrawn daily from the informal market"
11-20-2024 Intel Guru MarkZ [via PDK] ...my sources say...They believe it will happen this year in Iraq…and I am also hearing before December 10th in Iraq…but just stay grounded.
11-20-2024 Newshound Guru Militia Man If in fact we have a revaluation of the Iraqi dinar a lot of things are going to change and a lot of people need to have at least a plausible deniability...The central bank...they openly exposed the education system, they talked about the zeros forever, they're talking about the Islamic banking law, they're talking about the Securities Law and they're talking about that with some of the largest money institutions in the world. Britain is on big one. Same with the United States...It's exciting. I think it's powerful that we're watching this unfold...
11-20-2024 Newshound Guru Clare Article: "Iraq census curfew begins" Quote: "The Supreme Security Committee for the Population , Census also confirmed that the curfew will take effect at midnight on the 19th and 20th of November at 2:400, i.e. 12 midnight, and will continue until 2:400 on the 21st and 22nd of November, including the governorates of the Kurdistan Region."
11-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The census is for real. Sudani says this is a really really serious census, I want you to participate and he needed us to work with him. Sounds like it has to be tied in with legal things that need to be done and finished up before the official exchange rate rolls out. Just what we think here on the streets. FRANK: After the census I believe things will start to be revealed to you...
11-20-2024 Newshound/Intel Guru Mnt Goat ...the IMF fully intends to repeg the IQD to a basket of currencies once they revalue it and turn it back on FOREX (...this is called a reinstatement...). It will initially be a FREE FLOAT driven by market fluctuations however it will be monitored and my CBI contact has told me they will cap it at a level to control the initial massive swings, if needed. Then over a period, the rate is expected to settle down to its nominal rate. I am told this could be about $3.85ish. The then CBI director in 2011 Dr. Shabibi told his audience in a news media conference on the Iraqi economy that the dinar could sustain a fluctuation as high as $16 USD...I am told that the IMF will use the cap at about $9 - $11 to prevent wild swings out of control that could potentially hurt the basket.
11-20-2024 Intel Guru MarkZ [via PDK] This is huge: “Setting a date for the resumption of oil exports from Kurdistan from the Turkish port of Ceyhan” They have set a date and will resume exports this year…to me this means the HCL is done or very close to done.
11-20-2024 Intel Guru Frank26 Question: "You said we didn't need the census for the HCL, we're using Article 140 the old census right?" That's right, under the old exchange rate. The new exchange rate will be with the new monetary reform...This census is important.
11-20-2024 Newshound Guru Militia Man Economic stability is going to have a strong viable internationally acceptable currency. That's why we're here and invested in this. Take it seriously.
11-20-2024 Newshound Guru Pimpy The first thing that's going to happen, there's no doubt about this, is going to be the deletion of the zeros before they change the exchange rate. I'm not saying they both can't happen at the same time, I just think at first you're going to get the new currency, people are going to have to make adjustments to the cost of good, the cost of services, the pricing on your goods being sold, price on services being sold, all that has to adjust to the new currency. That goes for people inside of Iraq...
11-20-2024 Guru Nader From The Mid East No body have to do with the exchange rate besides the government of Iraq or the Central Bank of Iraq. The Treasury have nothing to do with it. United States have nothing to do with it. Nobody has to do with it...HCL and all that not have nothing to do with it.
11-20-2024 Intel Guru Frank26 Banks now know...That's why they're not saying it's a scam anymore. Instead they tell you if they can help you or not because like I told you, not every bank in America is going to be exchanging...
11-20-2024 Newshound Guru Samson Article: ”Association of Banks: 28 billion dinars are withdrawn daily from the informal market"
11-20-2024 Intel Guru MarkZ [via PDK] ...my sources say...They believe it will happen this year in Iraq…and I am also hearing before December 10th in Iraq…but just stay grounded.
11-20-2024 Newshound Guru Militia Man If in fact we have a revaluation of the Iraqi dinar a lot of things are going to change and a lot of people need to have at least a plausible deniability...The central bank...they openly exposed the education system, they talked about the zeros forever, they're talking about the Islamic banking law, they're talking about the Securities Law and they're talking about that with some of the largest money institutions in the world. Britain is on big one. Same with the United States...It's exciting. I think it's powerful that we're watching this unfold...
11-20-2024 Newshound Guru Clare Article: "Iraq census curfew begins" Quote: "The Supreme Security Committee for the Population , Census also confirmed that the curfew will take effect at midnight on the 19th and 20th of November at 2:400, i.e. 12 midnight, and will continue until 2:400 on the 21st and 22nd of November, including the governorates of the Kurdistan Region."
11-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The census is for real. Sudani says this is a really really serious census, I want you to participate and he needed us to work with him. Sounds like it has to be tied in with legal things that need to be done and finished up before the official exchange rate rolls out. Just what we think here on the streets. FRANK: After the census I believe things will start to be revealed to you...
11-20-2024 Newshound/Intel Guru Mnt Goat ...the IMF fully intends to repeg the IQD to a basket of currencies once they revalue it and turn it back on FOREX (...this is called a reinstatement...). It will initially be a FREE FLOAT driven by market fluctuations however it will be monitored and my CBI contact has told me they will cap it at a level to control the initial massive swings, if needed. Then over a period, the rate is expected to settle down to its nominal rate. I am told this could be about $3.85ish. The then CBI director in 2011 Dr. Shabibi told his audience in a news media conference on the Iraqi economy that the dinar could sustain a fluctuation as high as $16 USD...I am told that the IMF will use the cap at about $9 - $11 to prevent wild swings out of control that could potentially hurt the basket.
11-20-2024 Intel Guru MarkZ [via PDK] This is huge: “Setting a date for the resumption of oil exports from Kurdistan from the Turkish port of Ceyhan” They have set a date and will resume exports this year…to me this means the HCL is done or very close to done.
11-19-2024 Intel Guru Frank26 When I said they're going to bring a Brinks truck to you, of course not. But take away from the concept and replace it with, they're going to bring security to you and they will bring their police officers, their security, their protection, their guns, their locks, their banks, their safes...
11-19-2024 Newshound Guru Clare Article: "Iraqi Prime Minister: Tomorrow we will take an important step that has been delayed for years" Quote: "Iraqi
Prime Minister Mohammed Shia al-Sudani confirmed that tomorrow, Wednesday, will be an important civilized and developmental step, as the long-awaited general population and housing census will begin after years of delay."
11-19-2024 Intel Guru MarkZ [via PDK] “Iraq Prime Minister: Tomorrow we will take an important step that has been delayed for years” there has been one heck of a fight to stop this census. But an accurate census is extremely important. And they are making it happen so they can pass the HCL. I believe this is the last step before Iraq pulls the trigger.
11-19-2024 Newshound Guru Militia Man Article: "The deletion of the zeros and evaluate the dinar" They're talking about the concept of currency revaluation which means, quote: "...a calculated upward adjustment of a country's official exchange rate..." This particular article supports the fact that they're openly educating their citizens as we speak...I think you guys really should know how close this is because why would they be talking about this now when it wouldn't be necessary? It would be absolutely 100% talking about it now because they want to make sure everybody knows what's happening, without saying what's happening. That's how it works. It's fascinating to watch...
11-19-2024 Guru Nader From The Mid East Community Comment: "All countries, we're waiting for Trump to be back." Trump is going to changed a lot of things. I like Trump, don't take me wrong. I'm not going to say anything negative about him because I like him a lot but Trump is all about American. And he's right, it's all about America so he should take care of America, nobody else...I think any president of America should take care of America. Once they care of the their citizens then they can help somebody else.
11-19-2024 Newshound Guru Pimpy Look what's back in the news, deletion of the zeros. Article: "Delete zeros and evaluate the dinar" The deletion of the zeros is a redenomination that's a whole separate situation than a revaluation. They're two separate things...A redenomination is when they change the way the currency looks. It's going to have less zeros. That's the deletion of the zeros, a redenomination. A revaluation is separate. Quote: "In a fixed exchange rate system, the system followed by Iraq, only a decision from the state, the central bank, can change the official value of the currency..."
11-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
IMF on TV news praising Iraq for their financial and banking reforms and development. FRANK: Have you noticed the IMF is constantly, almost weekly, now bragging about the monetary reform process of the Central Bank of Iraq? Bragging about it. If you go to the IMF website, it will tell you in English the Iraqi dinar is going through a revaluation right now. There's no secrets.
11-19-2024 Intel Guru MarkZ [via PDK] Comment: Kuwaits dinar is at $3.25 right now - Sudani said the dinar will be higher. MarkZ: He said the IQD would become the highest in the world. He said it would return to its pre-emanate spot in the world.
11-19-2024 Newshound Guru Clare "China...revalued its currency in 2005, which was linked to the US dollar. After the revaluation, it was linked to a basket of global currencies...The book values of assets held abroad may have to be adjusted to reflect the effect of the change in the exchange rate. For example, suppose a foreign government has set 10 units of its currency to equal one US dollar. To revalue its currency, the government might change the rate to 5 units per dollar...If the value of the asset held in a foreign currency was previously valued at $100,000 based on the old exchange rate, the revaluation requires a change of $200,000. This change reflects the new value of the foreign asset in the local currency by adjusting the revaluation of the relevant currency." [Post 2 of 2]
11-19-2024 Newshound Guru Clare Article: "Delete zeros and evaluate the dinar" Quote: "In a newspaper column a while ago, we explained the concept of deleting zeros, and today we are talking about the concept of currency revaluation, which means a calculated upward adjustment of a country’s official exchange rate...revaluation is the opposite of devaluation. In a fixed exchange rate system (the system followed by Iraq), only a decision from the state (the central bank) can change the official value of the currency...In a flexible exchange rate system, revaluation occurs on a regular basis, as evidenced by the noticeable fluctuations in the foreign exchange market...The United States maintained a fixed exchange rate until 1973, when President Richard Nixon decided to abandon the gold standard and switch to a flexible exchange rate system..." [Post 1 of 2....stay tuned]
11-19-2024 Newshound Guru Militia Man Iraq is going through a time where they're going to have the census. That census is going to be on the 20th and 21st. Some data suggests that in the Kurdistan region they started on the 15th...Preliminary results will be right there on and around 24 hours...
11-19-2024 Intel Guru Frank26 [Banks] don't want to lose customers. I told you you're Mr. Clampett, they're Mr. Drysdale. They're going to treat you like you have [money]. And I told you about perks...If you want to do business with one of these banks and you're in another state, they'll fly you in. They'll take care of your hotel. They'll pay for your food. They'll give you a rental car. You know how much money you're worth to them? That's why I use that example of the Beverly Hill Billies...There are a lot of perks they'll shower you with. They'll help you if you don't have your own team. I think you should get their team, your team, get a third team...You need advice. You need empirical data.
11-19-2024 Newshound/Intel Guru Mnt Goat ...the CBI is once again educating the citizens and merchants on how the new process will replace the currency auctions. In the article titled “PRIVATE BANKS ASSOCIATION: IRAQ TO ADOPT ADVANCED TRADE FINANCE SYSTEM BY END OF 2024” once again they explain how the new process will work. Quote: “it is expected that by the end of the year there will be a transition to another more advanced and accurate system to enhance control over foreign transfers related to trade.”
11-19-2024 Intel Guru MarkZ [via PDK] “Kurdistan Prepares for curfew on census days and reveals those excluded from it” there are a lot of people telling us the census had to be done before they pull the trigger. Well, they are doing the census so we can check that box off. They are about to close everything down for 2 days. And everyone is staying home to get counted...Lots of expectations and possibilities for this week…. Stay calm. We are seeing an overwhelming amount of evidence this week.
11-19-2024 Newshound Guru Clare Article: "Iraqi Prime Minister: Tomorrow we will take an important step that has been delayed for years" Quote: "Iraqi
Prime Minister Mohammed Shia al-Sudani confirmed that tomorrow, Wednesday, will be an important civilized and developmental step, as the long-awaited general population and housing census will begin after years of delay."
11-19-2024 Intel Guru MarkZ [via PDK] “Iraq Prime Minister: Tomorrow we will take an important step that has been delayed for years” there has been one heck of a fight to stop this census. But an accurate census is extremely important. And they are making it happen so they can pass the HCL. I believe this is the last step before Iraq pulls the trigger.
11-19-2024 Newshound Guru Militia Man Article: "The deletion of the zeros and evaluate the dinar" They're talking about the concept of currency revaluation which means, quote: "...a calculated upward adjustment of a country's official exchange rate..." This particular article supports the fact that they're openly educating their citizens as we speak...I think you guys really should know how close this is because why would they be talking about this now when it wouldn't be necessary? It would be absolutely 100% talking about it now because they want to make sure everybody knows what's happening, without saying what's happening. That's how it works. It's fascinating to watch...
11-19-2024 Guru Nader From The Mid East Community Comment: "All countries, we're waiting for Trump to be back." Trump is going to changed a lot of things. I like Trump, don't take me wrong. I'm not going to say anything negative about him because I like him a lot but Trump is all about American. And he's right, it's all about America so he should take care of America, nobody else...I think any president of America should take care of America. Once they care of the their citizens then they can help somebody else.
11-19-2024 Newshound Guru Pimpy Look what's back in the news, deletion of the zeros. Article: "Delete zeros and evaluate the dinar" The deletion of the zeros is a redenomination that's a whole separate situation than a revaluation. They're two separate things...A redenomination is when they change the way the currency looks. It's going to have less zeros. That's the deletion of the zeros, a redenomination. A revaluation is separate. Quote: "In a fixed exchange rate system, the system followed by Iraq, only a decision from the state, the central bank, can change the official value of the currency..."
11-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
IMF on TV news praising Iraq for their financial and banking reforms and development. FRANK: Have you noticed the IMF is constantly, almost weekly, now bragging about the monetary reform process of the Central Bank of Iraq? Bragging about it. If you go to the IMF website, it will tell you in English the Iraqi dinar is going through a revaluation right now. There's no secrets.
11-19-2024 Intel Guru MarkZ [via PDK] Comment: Kuwaits dinar is at $3.25 right now - Sudani said the dinar will be higher. MarkZ: He said the IQD would become the highest in the world. He said it would return to its pre-emanate spot in the world.
11-19-2024 Newshound Guru Clare "China...revalued its currency in 2005, which was linked to the US dollar. After the revaluation, it was linked to a basket of global currencies...The book values of assets held abroad may have to be adjusted to reflect the effect of the change in the exchange rate. For example, suppose a foreign government has set 10 units of its currency to equal one US dollar. To revalue its currency, the government might change the rate to 5 units per dollar...If the value of the asset held in a foreign currency was previously valued at $100,000 based on the old exchange rate, the revaluation requires a change of $200,000. This change reflects the new value of the foreign asset in the local currency by adjusting the revaluation of the relevant currency." [Post 2 of 2]
11-19-2024 Newshound Guru Clare Article: "Delete zeros and evaluate the dinar" Quote: "In a newspaper column a while ago, we explained the concept of deleting zeros, and today we are talking about the concept of currency revaluation, which means a calculated upward adjustment of a country’s official exchange rate...revaluation is the opposite of devaluation. In a fixed exchange rate system (the system followed by Iraq), only a decision from the state (the central bank) can change the official value of the currency...In a flexible exchange rate system, revaluation occurs on a regular basis, as evidenced by the noticeable fluctuations in the foreign exchange market...The United States maintained a fixed exchange rate until 1973, when President Richard Nixon decided to abandon the gold standard and switch to a flexible exchange rate system..." [Post 1 of 2....stay tuned]
11-19-2024 Newshound Guru Militia Man Iraq is going through a time where they're going to have the census. That census is going to be on the 20th and 21st. Some data suggests that in the Kurdistan region they started on the 15th...Preliminary results will be right there on and around 24 hours...
11-19-2024 Intel Guru Frank26 [Banks] don't want to lose customers. I told you you're Mr. Clampett, they're Mr. Drysdale. They're going to treat you like you have [money]. And I told you about perks...If you want to do business with one of these banks and you're in another state, they'll fly you in. They'll take care of your hotel. They'll pay for your food. They'll give you a rental car. You know how much money you're worth to them? That's why I use that example of the Beverly Hill Billies...There are a lot of perks they'll shower you with. They'll help you if you don't have your own team. I think you should get their team, your team, get a third team...You need advice. You need empirical data.
11-19-2024 Newshound/Intel Guru Mnt Goat ...the CBI is once again educating the citizens and merchants on how the new process will replace the currency auctions. In the article titled “PRIVATE BANKS ASSOCIATION: IRAQ TO ADOPT ADVANCED TRADE FINANCE SYSTEM BY END OF 2024” once again they explain how the new process will work. Quote: “it is expected that by the end of the year there will be a transition to another more advanced and accurate system to enhance control over foreign transfers related to trade.”
11-19-2024 Intel Guru MarkZ [via PDK] “Kurdistan Prepares for curfew on census days and reveals those excluded from it” there are a lot of people telling us the census had to be done before they pull the trigger. Well, they are doing the census so we can check that box off. They are about to close everything down for 2 days. And everyone is staying home to get counted...Lots of expectations and possibilities for this week…. Stay calm. We are seeing an overwhelming amount of evidence this week.
11-18-2024 Newshound Guru Clare Article: "S&P raises JPMorgan's rating by one notch" Quote: "S&P confirmed that JPMorgan's rating is now among its highest for banks worldwide, pointing to the strength of its market share in the sector and its ability to manage costs effectively amid the bank's increasing business volume."
11-18-2024 Newshound Guru Militia Man They're talking about cross boarder transfers. That's money. That's currency. That's going to be doing commercial trade. That's going to be Article VIII compliance my friends. That's how it's going to be...Whether it's today or tomorrow that's a good question...Iraq is going international right before our eyes...
11-18-2024 Intel Guru MarkZ [via PDK] Question: rates on the dong seem lower than previously estimated, Do you think VND will be .39 for us? I still think rates will be higher than .39 cents…Just think we spent about $50 bucks for a million dong…. If it RVs at .39 cents that is a ROI of $390,000.00 per 1 million dong…who is going to complain about that? Turning $50 bucks into $390
thousand... I am still hearing a rate of low $2+.
11-18-2024 Intel Guru Frank26 With all the beautiful things you see everyday, let it be known that all of this you are witnessing is the evidence of a new exchange rate because none of this can happen at a sanction program rate. The obvious is obvious.
11-18-2024 Guest Guru PompeyPeter The most important thing IMO...we're waiting for is the release of the 2024 budget with amendments which contains the new International rate. That new rate will be applied to the budget upon release. We have not seen that budget release yet but we hope, pray and believe that it's extremely close...
11-18-2024 Newshound/Intel Guru Fnu Lnu You can also have arrangements made with the bank where you can present your SKR to the bank manager and he will summons the currency from the depository. This armored truck, escort business is just plain silly...I have my currency in a depository and I hold an SKR. The buyers have their payment for my "Private Contract" sale, deposited into a COLTAF account, and when the big event happens, I do nothing at all. I just check my bank account online to make sure the amount is proper. BTW...there is still time to take your currency to the bank and put it in the safe deposit box. [Post 2 of 2] [Dinar Guru Note: Consult your financial advisors to learn the pros and risks of holding currency in a bank's safe deposit box or with a depository.]
11-18-2024 Newshound/Intel Guru Fnu Lnu When it comes the issue of money transportation to and from the bank at exchange time, any thinking person would already have their currency in a safe deposit box, so when the time comes, you transport your currency a matter of feet, within the confines of the bank, with armed guards standing by. Or better yet, and far more intelligent, have your currency in a depository. Then you hold an SKR ( Safe Keeping Receipt) which you present to the depository and THEY transport your currency to the bank. [Post 1 of 2....stay tuned] [Dinar Guru Note: Consult your financial advisors to learn the pros and risks of holding currency in a bank's safe deposit box or with a depository.]
11-18-2024 Intel Guru MarkZ [via PDK] ...I have had some feedback from some in high levels who say “Foreign officials in Iraq have confirmed that yesterday’s test rates (Referring to Saturdays test rates popping up on dinar and dong) are 100% legit..." is it showing on some exchanges? Yes. Is it fully released? No. So it is showing there but not compete yet...Question: What were the test rates they saw? MarkZ: One of them was $.39 cents for dong and most saw rates of upper $3’s to lower $4’s on dinar...I am starting to get excited...
11-18-2024 Newshound Guru Clare Article: "Planning announces full readiness for the census.. and this is what will appear in the initial results" Quote: "The census will be conducted on the 20th and 21st, and we will have the preliminary results within 24 hours."
11-18-2024 Intel Guru Wolverine [via Judy Byington] ...I’ve had a lot of very positive messages come in that it has either started or was about to start...We may start Monday afternoon, otherwise Tuesday morning 19 Nov. 2024. No more delays...Christmas before Thanksgiving!
11-18-2024 Newshound Guru Militia Man Article: "Al-Qassab: Iraq is able to achieve a plurality of financial revenues" Moving to the non-oil revenue streams is going to be good...The non-oil revenues are the upgrades to this vehicle that will drive Iraq into the future...This is big. It's the beginning. Financial plurality is important with financial revenues. Obviously they have a focus to opening up to the world, engaging that private sector and having the non-oil revenue streams coming from the private sector, that's what's going to make this place rock-n-roll...
11-18-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK CONTINUES: Sudani is so close to giving you what he promised you that he is now defining it even clearer. For him to point at the Kuwait value versus the Iraqi dinar value is to give you more monetary reform education so that you will understand how your currency is about to gain purchasing power internally and the real effective exchange rate externally. Sudani is on the edge of giving you what he promised you...your new exchange rate and your lower notes. [Post 2 of 2]
11-18-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani on TV saying his vision of the Iraqi dinar and he believes the Iraqi dinar will surpass the Kuwait dinar in value due to economic reforms and due to currency stability here in Iraq. And he spoke about our reserves...He talked about how Kuwait dinar was one of the strongest in the world but then he said the Iraqi dinar will pass it. FRANK: The Kuwait dinar is $3.25 right now and Sudani told the Iraqi citizens, I got your back. I told you I was going to give you value, purchasing power. [Post 1 of 2....stay tuned]
11-18-2024 Intel/Newshound Gurus MarkZ & Militia Man [via PDK] MarkZ: They need to finish out the 2024 budget – they have money they want spent over the next month. There is so much they are pushing for to make happen. So much good is going on right now Militia Man: I totally agree. Look at the Port of Faw and the non oil revenue streams in Iraq. And currency transactions with Turkey…they would have to be Article 8 compliant. And look at the Development road project. But Iraq still needs to show its people its REER (Real Effective Exchange Rate) MarkZ: So many things are finally coming together.
11-18-2024 Newshound/Intel Guru Mnt Goat “PRIME MINISTER: WE ADHERED TO THE GOAL OF COMPLETING THE GREATER FAW AS THE GATEWAY TO GREATER IRAQ”. He explained that “this project has actually entered into the knots and paths of global trade and transport routes, which pass through the Middle East region, which has great strategic importance for global trade.” ...I usually try to pick out the most important article of all for the news period. This article tops them all today and all I can say is WOW! WOW! WOW!.. Iraq must now put on it’s BIG BOY pants and be the economic super giant it is destined to be. They are doing it right in front of our noses.
11-18-2024 Newshound Guru Militia Man They're talking about cross boarder transfers. That's money. That's currency. That's going to be doing commercial trade. That's going to be Article VIII compliance my friends. That's how it's going to be...Whether it's today or tomorrow that's a good question...Iraq is going international right before our eyes...
11-18-2024 Intel Guru MarkZ [via PDK] Question: rates on the dong seem lower than previously estimated, Do you think VND will be .39 for us? I still think rates will be higher than .39 cents…Just think we spent about $50 bucks for a million dong…. If it RVs at .39 cents that is a ROI of $390,000.00 per 1 million dong…who is going to complain about that? Turning $50 bucks into $390
thousand... I am still hearing a rate of low $2+.
11-18-2024 Intel Guru Frank26 With all the beautiful things you see everyday, let it be known that all of this you are witnessing is the evidence of a new exchange rate because none of this can happen at a sanction program rate. The obvious is obvious.
11-18-2024 Guest Guru PompeyPeter The most important thing IMO...we're waiting for is the release of the 2024 budget with amendments which contains the new International rate. That new rate will be applied to the budget upon release. We have not seen that budget release yet but we hope, pray and believe that it's extremely close...
11-18-2024 Newshound/Intel Guru Fnu Lnu You can also have arrangements made with the bank where you can present your SKR to the bank manager and he will summons the currency from the depository. This armored truck, escort business is just plain silly...I have my currency in a depository and I hold an SKR. The buyers have their payment for my "Private Contract" sale, deposited into a COLTAF account, and when the big event happens, I do nothing at all. I just check my bank account online to make sure the amount is proper. BTW...there is still time to take your currency to the bank and put it in the safe deposit box. [Post 2 of 2] [Dinar Guru Note: Consult your financial advisors to learn the pros and risks of holding currency in a bank's safe deposit box or with a depository.]
11-18-2024 Newshound/Intel Guru Fnu Lnu When it comes the issue of money transportation to and from the bank at exchange time, any thinking person would already have their currency in a safe deposit box, so when the time comes, you transport your currency a matter of feet, within the confines of the bank, with armed guards standing by. Or better yet, and far more intelligent, have your currency in a depository. Then you hold an SKR ( Safe Keeping Receipt) which you present to the depository and THEY transport your currency to the bank. [Post 1 of 2....stay tuned] [Dinar Guru Note: Consult your financial advisors to learn the pros and risks of holding currency in a bank's safe deposit box or with a depository.]
11-18-2024 Intel Guru MarkZ [via PDK] ...I have had some feedback from some in high levels who say “Foreign officials in Iraq have confirmed that yesterday’s test rates (Referring to Saturdays test rates popping up on dinar and dong) are 100% legit..." is it showing on some exchanges? Yes. Is it fully released? No. So it is showing there but not compete yet...Question: What were the test rates they saw? MarkZ: One of them was $.39 cents for dong and most saw rates of upper $3’s to lower $4’s on dinar...I am starting to get excited...
11-18-2024 Newshound Guru Clare Article: "Planning announces full readiness for the census.. and this is what will appear in the initial results" Quote: "The census will be conducted on the 20th and 21st, and we will have the preliminary results within 24 hours."
11-18-2024 Intel Guru Wolverine [via Judy Byington] ...I’ve had a lot of very positive messages come in that it has either started or was about to start...We may start Monday afternoon, otherwise Tuesday morning 19 Nov. 2024. No more delays...Christmas before Thanksgiving!
11-18-2024 Newshound Guru Militia Man Article: "Al-Qassab: Iraq is able to achieve a plurality of financial revenues" Moving to the non-oil revenue streams is going to be good...The non-oil revenues are the upgrades to this vehicle that will drive Iraq into the future...This is big. It's the beginning. Financial plurality is important with financial revenues. Obviously they have a focus to opening up to the world, engaging that private sector and having the non-oil revenue streams coming from the private sector, that's what's going to make this place rock-n-roll...
11-18-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK CONTINUES: Sudani is so close to giving you what he promised you that he is now defining it even clearer. For him to point at the Kuwait value versus the Iraqi dinar value is to give you more monetary reform education so that you will understand how your currency is about to gain purchasing power internally and the real effective exchange rate externally. Sudani is on the edge of giving you what he promised you...your new exchange rate and your lower notes. [Post 2 of 2]
11-18-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani on TV saying his vision of the Iraqi dinar and he believes the Iraqi dinar will surpass the Kuwait dinar in value due to economic reforms and due to currency stability here in Iraq. And he spoke about our reserves...He talked about how Kuwait dinar was one of the strongest in the world but then he said the Iraqi dinar will pass it. FRANK: The Kuwait dinar is $3.25 right now and Sudani told the Iraqi citizens, I got your back. I told you I was going to give you value, purchasing power. [Post 1 of 2....stay tuned]
11-18-2024 Intel/Newshound Gurus MarkZ & Militia Man [via PDK] MarkZ: They need to finish out the 2024 budget – they have money they want spent over the next month. There is so much they are pushing for to make happen. So much good is going on right now Militia Man: I totally agree. Look at the Port of Faw and the non oil revenue streams in Iraq. And currency transactions with Turkey…they would have to be Article 8 compliant. And look at the Development road project. But Iraq still needs to show its people its REER (Real Effective Exchange Rate) MarkZ: So many things are finally coming together.
11-18-2024 Newshound/Intel Guru Mnt Goat “PRIME MINISTER: WE ADHERED TO THE GOAL OF COMPLETING THE GREATER FAW AS THE GATEWAY TO GREATER IRAQ”. He explained that “this project has actually entered into the knots and paths of global trade and transport routes, which pass through the Middle East region, which has great strategic importance for global trade.” ...I usually try to pick out the most important article of all for the news period. This article tops them all today and all I can say is WOW! WOW! WOW!.. Iraq must now put on it’s BIG BOY pants and be the economic super giant it is destined to be. They are doing it right in front of our noses.
11-17-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh on TV saying Iraq is strengthening its gold reserves as asset diversification. FRANK: It's an incredible amount ...
11-17-2024 Newshound Guru Samson Article: "Iraq raises its gold reserves to more than 152.6 tons"
11-17-2024 Newshound Guru Clare Article: "Spain confirms cooperation with Iraq to establish Basra-Sharm El-Sheikh railway line" Quote: "Spain confirmed, on Thursday, its strong support for Iraq's strong return to the World Trade Organization and its efforts to do so, while indicating that cooperation with Iraq is not limited to railways, but rather in other fields and there are joint projects"
11-17-2024 Newshound Guru Sandy Ingram You should know you have no tax obligation just because you invest or hold foreign currency or the Iraqi dinar. You must create a taxable event before you are taxed. A taxable event is selling or trading your currency for a loss or a profit... [Dinar Guru Note: Always consult with you Tax professional at the appropriate time to determine the right taxes for your unique situation.]
11-17-2024 Intel Guru MarkZ [via PDK] “Advisor to the Prime Minister: The government is able to increase spending without inflation of fiscal deficit” They have a sound economy and letting us know they are stable. Shabibi said to give him a stable Iraq and he would give them a new rate.
11-17-2024 Intel Guru Frank26 Dr. Shabibi was looking for...the start of a year or at the start of a quarter. That's why November and December to me is the time frame to show and reveal everything in the manner that Sudani just did...By confessing to Iraqi citizens that your currency is going to be so powerful very soon and then compares your currency to Kuwait...? ...All of these things Sudani has ever dreamed about giving Iraqi citizens is now in his hands. He has the power...Sudani is trying to tell you get ready with our banks!
11-17-2024 Newshound/Intel Guru Fnu Lnu [Response to Guru Frank26 11-15-2024 post on Dinar Guru Updates Page Two - find the link below] Just to clarify, there will be no electronic background checks in the United States for those doing exchanges of Dinar for USD. In the United States, we have a system where Banks are required to report suspicious activities to the Financial Crimes Enforcement Network (FinCEN) under the Bank Secrecy Act (BSA). A SAR (suspicious activity report) is a tool used to monitor suspicious activities that would not ordinarily be flagged under other reports... Banks who are coordinated with the Iraqi government for the exchange event will know that the exchange money is "Clean and Clear" meaning, it is not coming from clandestine sources like terrorist organizations, for example.
11-17-2024 Newshound/Intel Guru Walkingstick Billboards with lower note pictures and explanations about them, if that was true, if that had any possibility, then the moment that would happen would cause...there cannot be a gap between when they show it and when they release it [the rate] IMO. Once they show [them], the time frame for them to release it [the rate] would have to be extremely short. There should be no gap between the two events. It should be simultaneously.
11-17-2024 Newshound Guru Samson Article: “Iraqis have an appointment with 'Wednesday'... a comprehensive road map for all individuals" Quote: "The first general population and housing census in Iraq in 27 years is scheduled to be conducted on November 20 and 21"
11-17-2024 Intel Guru Frank26 [JP Morgan Bank story] ...I was ecstatic, I talked to Vice President of Wealth Management at JP Morgan. The Vice President told me in his office they will 100% most definitely come to the house with security guards and take me to the bank if I need. They will provide a shuttle because at that point you're walking with money that's worth an ungodly amount... They told me when the time comes they would be able to provide an escort with people to take me to and from so I can conduct my business before or after hours...
11-17-2024 Newshound/Intel Guru Mnt Goat ...if you take the monetary mass of Iraq then do the math of the about 150 tons of acquired gold in their reserves, you can easily see that when they shrink the monetary mass, these reserves could cover the entire monetary mass of dinars in circulation. WOW! Yes, it could potentially cover 100% not just a percentage of the dinars in circulation, if all goes according to plan...Isn’t this then the financial “stability” that the CBI keeps telling us it needs to conduct the project to delete the zeros?
11-17-2024 Intel/Newshound Gurus MarkZ & Militia Man Question: What is your gut feeling on timing...? MarkZ: I’m feeling real good it’s before the end of the year…real good. Militia Man: I like where we are and there is evidence that supports it happening this year...I am hoping it’s within a 10 day window. MarkZ: It very well could be.
Saleh on TV saying Iraq is strengthening its gold reserves as asset diversification. FRANK: It's an incredible amount ...
11-17-2024 Newshound Guru Samson Article: "Iraq raises its gold reserves to more than 152.6 tons"
11-17-2024 Newshound Guru Clare Article: "Spain confirms cooperation with Iraq to establish Basra-Sharm El-Sheikh railway line" Quote: "Spain confirmed, on Thursday, its strong support for Iraq's strong return to the World Trade Organization and its efforts to do so, while indicating that cooperation with Iraq is not limited to railways, but rather in other fields and there are joint projects"
11-17-2024 Newshound Guru Sandy Ingram You should know you have no tax obligation just because you invest or hold foreign currency or the Iraqi dinar. You must create a taxable event before you are taxed. A taxable event is selling or trading your currency for a loss or a profit... [Dinar Guru Note: Always consult with you Tax professional at the appropriate time to determine the right taxes for your unique situation.]
11-17-2024 Intel Guru MarkZ [via PDK] “Advisor to the Prime Minister: The government is able to increase spending without inflation of fiscal deficit” They have a sound economy and letting us know they are stable. Shabibi said to give him a stable Iraq and he would give them a new rate.
11-17-2024 Intel Guru Frank26 Dr. Shabibi was looking for...the start of a year or at the start of a quarter. That's why November and December to me is the time frame to show and reveal everything in the manner that Sudani just did...By confessing to Iraqi citizens that your currency is going to be so powerful very soon and then compares your currency to Kuwait...? ...All of these things Sudani has ever dreamed about giving Iraqi citizens is now in his hands. He has the power...Sudani is trying to tell you get ready with our banks!
11-17-2024 Newshound/Intel Guru Fnu Lnu [Response to Guru Frank26 11-15-2024 post on Dinar Guru Updates Page Two - find the link below] Just to clarify, there will be no electronic background checks in the United States for those doing exchanges of Dinar for USD. In the United States, we have a system where Banks are required to report suspicious activities to the Financial Crimes Enforcement Network (FinCEN) under the Bank Secrecy Act (BSA). A SAR (suspicious activity report) is a tool used to monitor suspicious activities that would not ordinarily be flagged under other reports... Banks who are coordinated with the Iraqi government for the exchange event will know that the exchange money is "Clean and Clear" meaning, it is not coming from clandestine sources like terrorist organizations, for example.
11-17-2024 Newshound/Intel Guru Walkingstick Billboards with lower note pictures and explanations about them, if that was true, if that had any possibility, then the moment that would happen would cause...there cannot be a gap between when they show it and when they release it [the rate] IMO. Once they show [them], the time frame for them to release it [the rate] would have to be extremely short. There should be no gap between the two events. It should be simultaneously.
11-17-2024 Newshound Guru Samson Article: “Iraqis have an appointment with 'Wednesday'... a comprehensive road map for all individuals" Quote: "The first general population and housing census in Iraq in 27 years is scheduled to be conducted on November 20 and 21"
11-17-2024 Intel Guru Frank26 [JP Morgan Bank story] ...I was ecstatic, I talked to Vice President of Wealth Management at JP Morgan. The Vice President told me in his office they will 100% most definitely come to the house with security guards and take me to the bank if I need. They will provide a shuttle because at that point you're walking with money that's worth an ungodly amount... They told me when the time comes they would be able to provide an escort with people to take me to and from so I can conduct my business before or after hours...
11-17-2024 Newshound/Intel Guru Mnt Goat ...if you take the monetary mass of Iraq then do the math of the about 150 tons of acquired gold in their reserves, you can easily see that when they shrink the monetary mass, these reserves could cover the entire monetary mass of dinars in circulation. WOW! Yes, it could potentially cover 100% not just a percentage of the dinars in circulation, if all goes according to plan...Isn’t this then the financial “stability” that the CBI keeps telling us it needs to conduct the project to delete the zeros?
11-17-2024 Intel/Newshound Gurus MarkZ & Militia Man Question: What is your gut feeling on timing...? MarkZ: I’m feeling real good it’s before the end of the year…real good. Militia Man: I like where we are and there is evidence that supports it happening this year...I am hoping it’s within a 10 day window. MarkZ: It very well could be.
11-16-2024 Intel Guru Frank26 All banks have stopped saying it [the Iraqi dinar] is a scam but not all banks are saying they're going to be involved in it. And that's true.
11-16-2024 Newshound Guru Samson Article "Iraq’s 2024 budget: Not what it appears when it first meets the eye"
11-16-2024 Guru Nader From The Mid East The people in the banks, they are no more than me and you. They don't know more than you and me. They actually know less than because they don't tell them anything. They just tellers and saving account sales...that's it.
11-16-2024 Guest Guru PompeyPeter All dinar related, all good. And I will say personally we are in the best place we have ever been to see our blessing.
11-16-2024 Intel Guru MarkZ [via PDK] Some real positive stuff out of Iraq this morning. Article: “Al Bandowi: Iraq is moving towards full sovereignty with America’s commitment to withdraw its forces” Most of this withdrawal is happening before 2025. In other words in the last and final part if this year. Why is this important? Sovereign currency and sovereign country. And we have been told repeatedly that troops will be gone once US is paid….IE Revaluation.
11-16-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy reminds you he said next year. Hopes for this year. FRANK: ...My reason for saying this year is because everything that is needed in order to bring forth a new exchange rate and the lower notes is being shown and introduced this year...Very soon you're going to see bulletin boards in these new exchange centers with the pictures of the lower notes and the descriptions. All of this is important in November and December to prepare you for the launching of the new exchange rate and the new lower notes. If it happens to be next year, so be it.
11-16-2024 Newshound Guru Pimpy People are always trying to predict when is the exchange rate going to change. IMO you're not going to see any exchange rate change until they feel comfortable and they feel stable in a new banking system...and they feel like they have all the kinks worked out then most likely you're going to see a redenomination and the new exchange rate take place. Then. Not before.
11-16-2024 Newshound Guru Militia Man We all know Iraq is about to take her place in the international financial system. Millions of people are going to be affected. It's really big.
11-16-2024 Newshound Guru Samson Article: "Swiss Ambassador Expresses His Country's Desire to Invest in Iraq"
11-16-2024 Intel Guru Frank26 All they talked about this week was the HCL. As you know the HCL cannot be with a program rate. It has to be with the new exchange rate. I've always said to you IMO the moment you see the HCL, nanoseconds later you'll see the new exchange rate. You're about to see the HCL because they're telling you this...
11-16-2024 Intel Guru Bruce [via WiserNow] ...everything is supposed to be triggered...Saturday night, which is the 16th...but it really shows up for us in the internet group Monday morning by noon, it's when we're supposed to get our notifications, and then we get set our appointments and go in for exchanges, either Monday, afternoon, evening or Tuesday... We should have Christmas before Thanksgiving, in a sense.
11-16-2024 Newshound/Intel Guru Mnt Goat I had an interesting conversation with my CBI contact...Wednesday. We talked about the new peg for the dinar. The new peg is established and will finally take the place for IQD peg instead the sole de facto peg to the US dollar. I was told we will shortly see news articles on this subject matter as they educate the citizens...
11-16-2024 Newshound Guru Samson Article "Iraq’s 2024 budget: Not what it appears when it first meets the eye"
11-16-2024 Guru Nader From The Mid East The people in the banks, they are no more than me and you. They don't know more than you and me. They actually know less than because they don't tell them anything. They just tellers and saving account sales...that's it.
11-16-2024 Guest Guru PompeyPeter All dinar related, all good. And I will say personally we are in the best place we have ever been to see our blessing.
11-16-2024 Intel Guru MarkZ [via PDK] Some real positive stuff out of Iraq this morning. Article: “Al Bandowi: Iraq is moving towards full sovereignty with America’s commitment to withdraw its forces” Most of this withdrawal is happening before 2025. In other words in the last and final part if this year. Why is this important? Sovereign currency and sovereign country. And we have been told repeatedly that troops will be gone once US is paid….IE Revaluation.
11-16-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy reminds you he said next year. Hopes for this year. FRANK: ...My reason for saying this year is because everything that is needed in order to bring forth a new exchange rate and the lower notes is being shown and introduced this year...Very soon you're going to see bulletin boards in these new exchange centers with the pictures of the lower notes and the descriptions. All of this is important in November and December to prepare you for the launching of the new exchange rate and the new lower notes. If it happens to be next year, so be it.
11-16-2024 Newshound Guru Pimpy People are always trying to predict when is the exchange rate going to change. IMO you're not going to see any exchange rate change until they feel comfortable and they feel stable in a new banking system...and they feel like they have all the kinks worked out then most likely you're going to see a redenomination and the new exchange rate take place. Then. Not before.
11-16-2024 Newshound Guru Militia Man We all know Iraq is about to take her place in the international financial system. Millions of people are going to be affected. It's really big.
11-16-2024 Newshound Guru Samson Article: "Swiss Ambassador Expresses His Country's Desire to Invest in Iraq"
11-16-2024 Intel Guru Frank26 All they talked about this week was the HCL. As you know the HCL cannot be with a program rate. It has to be with the new exchange rate. I've always said to you IMO the moment you see the HCL, nanoseconds later you'll see the new exchange rate. You're about to see the HCL because they're telling you this...
11-16-2024 Intel Guru Bruce [via WiserNow] ...everything is supposed to be triggered...Saturday night, which is the 16th...but it really shows up for us in the internet group Monday morning by noon, it's when we're supposed to get our notifications, and then we get set our appointments and go in for exchanges, either Monday, afternoon, evening or Tuesday... We should have Christmas before Thanksgiving, in a sense.
11-16-2024 Newshound/Intel Guru Mnt Goat I had an interesting conversation with my CBI contact...Wednesday. We talked about the new peg for the dinar. The new peg is established and will finally take the place for IQD peg instead the sole de facto peg to the US dollar. I was told we will shortly see news articles on this subject matter as they educate the citizens...
11-15-2024 Intel Guru Frank26 I'm excited...because of the reality of what we're seeing. If we were still in the guessing stages that'd be different. But we're not in the beginning stages of this...
11-15-2024 Newshound Guru Militia Man Article quote: "The Turkish Central Bank supports these steps along with the Central Bank of Iraq for regulating financial operations between the two countries." What does it do? It contributes to facilitating commercial transactions...That's talking about international trade and that's what we're waiting for. At some point they're going to have to have an international calculation and a Forex traded currency...
11-15-2024 Newshound Guru Clare Article: "Al-Alaq urges Türkiye to open accounts for Iraqi banks" Quote: "The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, urged, on Wednesday, Turkish banks to open accounts for Iraqi banks to expand financing channels for importing goods and services between the two countries, stressing cooperation in the field of settlements for users of Iraqi cards in Türkiye."
11-15-2024 Intel Guru MarkZ [via PDK] Article: “Al-Mandalowi discusses with the United Nations special envoy for Iraq support for stability and reform in the country” the UN is there and saying that Iraq has made tremendous progress - keep going. This is an important piece. When they change their value the world knows they are sovereign and stable.
11-15-2024 Newshound Guru Pimpy Iraq has made huge progress in reforming their country, especially the banking system. It's moving along really well. The economy is staring to grow. There's a lot of projects they are in the middle of working and a lot more to come. When that Development Road Project is up and the railroad right next to it, you're going to see a pretty big boom in Iraq happen quickly.
11-15-2024 Newshound Guru Samson Article: "Trump and the Iraqi Banks Puzzle" Quote: "It is very obvious that there are opinions and talks going on behind the scenes or in political rooms..."
11-15-2024 Intel Guru Frank26 Iraq is going through growing pains. They're still going to struggle. They're going to make a lot of mistakes but they are poised right now for the future. They're not going to allow any more corruption...
11-15-2024 Intel Guru Wolverine I am overly excited. It will happen any day, any time. There are no delays. It is a 100% go...
11-15-2024 Newshound/Intel Guru Fnu Lnu [Response to Guru Pimpy's 11-13-2024 post on Dinar Guru Page Two - find the link below] Guru Pimpy's concerns are unfounded as Iraq has already adjusted their per barrel price expectation down to $40 pb. However, the notion Trump has something up his sleeve is almost a given. Trump will end the middle east conflicts between Israel and Hamas, Syria and Hezbolla, Iran etc... in exchange, I think the bargain will be that Trump and America gets to experience the inevitable revaluation on Trumps watch and not on Biden's. It is estimated that the UST and the State Department hold a great deal of Dinar as a result of the many loans to Iraq that were, in reality, currency swaps. This would almost cancel out the National Debt and Trump would appear to be the hero...We may be waiting until January 20th for our revaluation event.
11-15-2024 Newshound Guru Militia Man What are they doing? They're focusing in on non-oil revenues. That's important because 90%-95% used to be all oil...Alaq is talking about getting to $40 a barrel...By going to non-oil revenue streams, by opening up the private sector...the transformation of the country is phenomenal. It's not going to stop. We have the evidence of that...
11-15-2024 Intel Guru MarkZ [via PDK] Question: [Guru] Nader said IQD on forex, I wonder what does that mean for us? MarkZ: There are still some trading restriction on the IQD…but, this tells us they are preparing for that international status. We should start being excited.
11-15-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
When everyone here goes to exchange their notes, there will be immediately an electronic background check. It's just Iraq's diligence in stopping corruption at the start... FRANK: I didn't know that. I find that to be MARVELOUS. BRILLIANT!
11-15-2024 Newshound/Intel Guru Mnt Goat ...my CBI contact told me they almost must reinstate the dinar at about the same time or very shortly after...they end the currency auctions in Iraq...at the end of this year. This is why this move to end the currency auctions is so important to us investors. Remember also that the CBI will be no longer taking dollars from the oil revenues to pay for imports. If this is the case don’t you think the dinar must have some substantial value?
11-15-2024 Newshound Guru Militia Man Article quote: "The Turkish Central Bank supports these steps along with the Central Bank of Iraq for regulating financial operations between the two countries." What does it do? It contributes to facilitating commercial transactions...That's talking about international trade and that's what we're waiting for. At some point they're going to have to have an international calculation and a Forex traded currency...
11-15-2024 Newshound Guru Clare Article: "Al-Alaq urges Türkiye to open accounts for Iraqi banks" Quote: "The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, urged, on Wednesday, Turkish banks to open accounts for Iraqi banks to expand financing channels for importing goods and services between the two countries, stressing cooperation in the field of settlements for users of Iraqi cards in Türkiye."
11-15-2024 Intel Guru MarkZ [via PDK] Article: “Al-Mandalowi discusses with the United Nations special envoy for Iraq support for stability and reform in the country” the UN is there and saying that Iraq has made tremendous progress - keep going. This is an important piece. When they change their value the world knows they are sovereign and stable.
11-15-2024 Newshound Guru Pimpy Iraq has made huge progress in reforming their country, especially the banking system. It's moving along really well. The economy is staring to grow. There's a lot of projects they are in the middle of working and a lot more to come. When that Development Road Project is up and the railroad right next to it, you're going to see a pretty big boom in Iraq happen quickly.
11-15-2024 Newshound Guru Samson Article: "Trump and the Iraqi Banks Puzzle" Quote: "It is very obvious that there are opinions and talks going on behind the scenes or in political rooms..."
11-15-2024 Intel Guru Frank26 Iraq is going through growing pains. They're still going to struggle. They're going to make a lot of mistakes but they are poised right now for the future. They're not going to allow any more corruption...
11-15-2024 Intel Guru Wolverine I am overly excited. It will happen any day, any time. There are no delays. It is a 100% go...
11-15-2024 Newshound/Intel Guru Fnu Lnu [Response to Guru Pimpy's 11-13-2024 post on Dinar Guru Page Two - find the link below] Guru Pimpy's concerns are unfounded as Iraq has already adjusted their per barrel price expectation down to $40 pb. However, the notion Trump has something up his sleeve is almost a given. Trump will end the middle east conflicts between Israel and Hamas, Syria and Hezbolla, Iran etc... in exchange, I think the bargain will be that Trump and America gets to experience the inevitable revaluation on Trumps watch and not on Biden's. It is estimated that the UST and the State Department hold a great deal of Dinar as a result of the many loans to Iraq that were, in reality, currency swaps. This would almost cancel out the National Debt and Trump would appear to be the hero...We may be waiting until January 20th for our revaluation event.
11-15-2024 Newshound Guru Militia Man What are they doing? They're focusing in on non-oil revenues. That's important because 90%-95% used to be all oil...Alaq is talking about getting to $40 a barrel...By going to non-oil revenue streams, by opening up the private sector...the transformation of the country is phenomenal. It's not going to stop. We have the evidence of that...
11-15-2024 Intel Guru MarkZ [via PDK] Question: [Guru] Nader said IQD on forex, I wonder what does that mean for us? MarkZ: There are still some trading restriction on the IQD…but, this tells us they are preparing for that international status. We should start being excited.
11-15-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
When everyone here goes to exchange their notes, there will be immediately an electronic background check. It's just Iraq's diligence in stopping corruption at the start... FRANK: I didn't know that. I find that to be MARVELOUS. BRILLIANT!
11-15-2024 Newshound/Intel Guru Mnt Goat ...my CBI contact told me they almost must reinstate the dinar at about the same time or very shortly after...they end the currency auctions in Iraq...at the end of this year. This is why this move to end the currency auctions is so important to us investors. Remember also that the CBI will be no longer taking dollars from the oil revenues to pay for imports. If this is the case don’t you think the dinar must have some substantial value?
11-14-2024 Intel Guru Frank26 The concept of the reinstatement has been alive for many years in Iraq. It is only the ignorant, I'm not being disrespectful, it's only the uninformed that believes it to be an RV.
11-14-2024 Newshound Guru Samson Article: "Do the census results affect Article 140 of the Constitution?" Quote: "President of the Republic Abdul Latif Rashid confirmed that the results of the general population census will not affect Article 140..."
11-14-2024 Newshound Guru Pimpy It's not going to free float. For now it's going to be a fixed rate. I know everybody's excited to get to that free float rate. I hear you. When it [New bank transfer mechanisms] first launches and goes officially live they're going to use a fixed rate...
11-14-2024 Newshound/Intel Guru Fnu Lnu There is no special rate at an "Exchange Center" and you will NOT get a contract rate unless you have a contract and unless you contracted with a private buyer before 2011, you will get exactly what everyone else gets.
11-14-2024 Guru Nader From The Mid East Community comment: "The dinar is not on Forex." You're wrong. Every currency of the world is on Forex. Some of them are frozen. Some of them are not. Some of them are moving. You can exchange it, you can buy it. Every money you put on you go on Forex. You could put any money you want...but some of them are frozen. You cannot buy...sell them...If you tell me, 'oh, some of them are frozen and not moving.' I agree with you but the Iraqi dinar start moving. This is what I'm saying, it start moving now. You cannot buy and sell but once he moves a lot they're going to have to buy it and sell it.
11-14-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh on TV talking about the US Treasury supporting the mechanism for Iraq...and how the USA has support for all of Iraq's mechanisms. FRANK: The US Treasury is supporting monetary reform 100%. They want a new exchange rate. They want Iraqi citizens to have their lower notes as promised to them. That is the only mechanism of any importance with the US Treasury and the CBI right now...
11-14-2024 Intel Guru MarkZ [via PDK] “Parliamentarian reveals the suspension of the Oil and Gas Law “Territorial Differences” This is the HCL…They say they have to resolve these points. I think it’s already done…. What I am hearing from Iraq is very different then what is printed in the paper. Now right before Kuwait RV’d…we had the same type of articles. And then BAM- they did it…on the same day. Similar story in China when they RV’d. Mixed stories are on purpose so we do not know the timing….
11-14-2024 Newshound Guru Samson Article: "The government sends an amendment to the budget that resolves differences with the region.. and the details are on the table of the Ministry of Oil and Parliamentary Finance"
11-14-2024 Newshound Guru Pimpy Trump is going to start flooding the market with oil. We are going to be an exporter of energy...How does that affect Iraq? They're not going be able to meet that $70 per barrel target that they've set for their budgets. You're going to see oil prices fall. I think Trump has something up his sleeve, something that he can offer Sudani in exchange for that lost revenue...something that can help the economy in Iraq, maybe help them remove some restrictions that they might have...I'm curious to see what kind of proposal he's going to make to Sudani...
11-14-2024 Intel Guru Frank26 ...When you look at the monetary reform education right now, with all this information occurring right now, then one can logically say it has already started. The moment they show those pictures [of the lower notes] it's all over with and I strongly believe they're going to show them this year. To me November, December and January and February, it's all the same year. It's the process.
11-14-2024 Intel Guru MarkZ [via PDK] If Iraq is going to be the financial savior of the world (according to Jaime Dimon) then it may have to have a higher rate than Kuwait. Sudani said the dinar would go back to its former glory and would be the most valuable currency in the world. He also said the revaluation would be done by Victory day…which is December 10th.
11-14-2024 Intel Guru Bruce [via WiserNow] ...we got one piece of Intel, one piece but it might be all we need...And Here's how it went, we did speak to someone who is at a redemption center. This person said that they were told that they were waiting for the US, the new US Treasury, to make an announcement ...an announcement from the new US Treasury and the email from Wells Fargo, both of those to happen within next three days...Wednesday, Thursday and Friday... it could happen anytime those three days, or it might take all the way to Friday... let's...see where we stand at that point
11-14-2024 Newshound Guru Samson Article: "Do the census results affect Article 140 of the Constitution?" Quote: "President of the Republic Abdul Latif Rashid confirmed that the results of the general population census will not affect Article 140..."
11-14-2024 Newshound Guru Pimpy It's not going to free float. For now it's going to be a fixed rate. I know everybody's excited to get to that free float rate. I hear you. When it [New bank transfer mechanisms] first launches and goes officially live they're going to use a fixed rate...
11-14-2024 Newshound/Intel Guru Fnu Lnu There is no special rate at an "Exchange Center" and you will NOT get a contract rate unless you have a contract and unless you contracted with a private buyer before 2011, you will get exactly what everyone else gets.
11-14-2024 Guru Nader From The Mid East Community comment: "The dinar is not on Forex." You're wrong. Every currency of the world is on Forex. Some of them are frozen. Some of them are not. Some of them are moving. You can exchange it, you can buy it. Every money you put on you go on Forex. You could put any money you want...but some of them are frozen. You cannot buy...sell them...If you tell me, 'oh, some of them are frozen and not moving.' I agree with you but the Iraqi dinar start moving. This is what I'm saying, it start moving now. You cannot buy and sell but once he moves a lot they're going to have to buy it and sell it.
11-14-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh on TV talking about the US Treasury supporting the mechanism for Iraq...and how the USA has support for all of Iraq's mechanisms. FRANK: The US Treasury is supporting monetary reform 100%. They want a new exchange rate. They want Iraqi citizens to have their lower notes as promised to them. That is the only mechanism of any importance with the US Treasury and the CBI right now...
11-14-2024 Intel Guru MarkZ [via PDK] “Parliamentarian reveals the suspension of the Oil and Gas Law “Territorial Differences” This is the HCL…They say they have to resolve these points. I think it’s already done…. What I am hearing from Iraq is very different then what is printed in the paper. Now right before Kuwait RV’d…we had the same type of articles. And then BAM- they did it…on the same day. Similar story in China when they RV’d. Mixed stories are on purpose so we do not know the timing….
11-14-2024 Newshound Guru Samson Article: "The government sends an amendment to the budget that resolves differences with the region.. and the details are on the table of the Ministry of Oil and Parliamentary Finance"
11-14-2024 Newshound Guru Pimpy Trump is going to start flooding the market with oil. We are going to be an exporter of energy...How does that affect Iraq? They're not going be able to meet that $70 per barrel target that they've set for their budgets. You're going to see oil prices fall. I think Trump has something up his sleeve, something that he can offer Sudani in exchange for that lost revenue...something that can help the economy in Iraq, maybe help them remove some restrictions that they might have...I'm curious to see what kind of proposal he's going to make to Sudani...
11-14-2024 Intel Guru Frank26 ...When you look at the monetary reform education right now, with all this information occurring right now, then one can logically say it has already started. The moment they show those pictures [of the lower notes] it's all over with and I strongly believe they're going to show them this year. To me November, December and January and February, it's all the same year. It's the process.
11-14-2024 Intel Guru MarkZ [via PDK] If Iraq is going to be the financial savior of the world (according to Jaime Dimon) then it may have to have a higher rate than Kuwait. Sudani said the dinar would go back to its former glory and would be the most valuable currency in the world. He also said the revaluation would be done by Victory day…which is December 10th.
11-14-2024 Intel Guru Bruce [via WiserNow] ...we got one piece of Intel, one piece but it might be all we need...And Here's how it went, we did speak to someone who is at a redemption center. This person said that they were told that they were waiting for the US, the new US Treasury, to make an announcement ...an announcement from the new US Treasury and the email from Wells Fargo, both of those to happen within next three days...Wednesday, Thursday and Friday... it could happen anytime those three days, or it might take all the way to Friday... let's...see where we stand at that point
11-13-2024 Intel Guru Frank26 High inflation, debt, terrorism, parliament, the auctions, they were the reasons for a program rate but not any longer...The 7.3% increase in [Iraqi] private banks is because of the success of the monetary reform education... [Iraqi citizens] are once again trusting your banks and that was very important for the security and stability of your new exchange rate that is coming to you.
11-13-2024 Newshound Guru Pimpy Article "A turning point for fiscal policies. What after the cancellation of the dollar traffic monitoring platform?" Quote "This decision is expected to lead to fundamental changes in financial transfer mechanisms and a direct impact on the exchange rates and financial stability." Be careful. Every time somebody ready 'exchange rate' in articles they don't pump you up full of hopium and mislead you. I don't want them going 'Oh my God they're getting ready to make the change...' Because that's not the case...
11-13-2024 Newshound Guru Militia Man 2024 budget hasn't been exposed just yet. We are waiting to see if they can expose it. I think they have some legal and technical issues...We're at that stage where for them to receive the 2025 budget they need the final accounts for the '23 and '24...
11-13-2024 Intel Guru MarkZ [via PDK] Question: Are we waiting for the Iraq census to be finished? I believe it starts on the 20th or so and goes for several days. MarkZ: I have not heard we have to wait for the census to be done... I have another contact who believes things will be wrapped up in the next 7 days. I...hope for sooner rather than later.
11-13-2024 Newshound Guru Clare Article: " 'Unprecedented' .. Iraq prepares to launch a group of investments worth a quarter of a trillion dollars” Quote: "Iraq is preparing to launch a wide range of projects with the aim of attracting investments worth up to a quarter of a trillion dollars over the next two years, in an unprecedented move in the country."
11-13-2024 Newshound Guru Samson Article: "Will US sanctions on some Iraqi banks continue after Trump's victory?"
11-13-2024 Newshound/Intel Guru Walkingstick [Iraqi Bank manager friend Aki Update] AKI: I got the billboards in the banks but you know they're already in place. Everything is electrical. These are TV screens. They are already in place in our banks. I got them in my banks. Your question was about billboards in banks. No, we call those posters. They will have pictures and descriptions yes.
11-13-2024 Intel Guru Frank26 I told you to construct your team. I told you your team is waiting for you at the bank, anyways. Merrill Lynch, JP Morgan, whatever it may be... [Dinar Guru Note: At the appropriate time consult with attorneys and financial planners and asset protection professionals you trust.]
11-13-2024 Intel Guru MarkZ [via PDK] Article: “Saadi Ahmed Bureh: the Census should have been carried out after the implementation of article 140” After? HCL? Has it already been implemented? Am I missing something? I think they are telling us something.
11-13-2024 Newshound Guru Pimpy I have no doubt Trump is going to want to do this [a peace in the Middle East deal with Sudani] as quickly as possible so it shouldn't take very long for us to finally start to hear what it is that Trump has in mind with Sudani and Iraq, what they're going to offer Iraq. What does this mean for the Iraqi dinar? This means the currency is going to be stable and once it's stable and they're not worried about inflation then we might see the deletion of the zeros coming up here shortly and then followed by a new denomination of Iraqi dinars, new currencies without the zeros on them. Then we'll definitely see the exchange rate change...
11-13-2024 Intel Guru Wolverine [via Judy Byington] I went to a meeting and was told it was defiantly happening. Don’t know when, but it is definitely happening. I am not allowed to say much but we will certainly have a wonderful Christmas….
11-13-2024 Newshound Guru Militia Man Once the dollars run out because there's no more smuggling going on, the new digital transformation has taken place, the new systems in place, the dollar itself in the country is going to drop up quickly. They change the exchange rate of the Iraqi dinar to be stronger than the U.S. dollar, that [black] market is going to tank. A lot of people are going to be painfully hurt. It's their bad. They've been warned...The bottom line is the black market is about to take a beating. Supply is running short with the dollars. They've been put on notice...It looks positive for all of us...
11-13-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV saying from some CBI spokesman that American Treasury helped us Iraq print new International currency. FRANK: ...That's why the CBI and the Treasury moved in together on the second floor of the CBI building. They will not allow this monetary reform to fail...The door is wide open now for the new exchange rate to come to you...
11-13-2024 Newshound/Intel Guru Mnt Goat It’s almost mid-November already and still no solid announcement from the CBI of the conducting the Project to Delete the Zeros. NO, the RV has not yet happened. The U.S. election is now over and so we should expect some information on this soon, if they are still going along with the target of early January 2025, as I was told. I know we heard this in the past previous years and yes this was the plan back then too. But we are here now and it’s a new fiscal year coming for Iraq and, as we all read in the recent news, Iraq could not be in a better position to get their currency returned to them.
11-13-2024 Intel Guru MarkZ [via PDK] Article: “Planning: We will start the census next Thursday. the ministry of the interior announces the date of the start of the curfew which is excluded from it.“ They are excluded from curfew since they will going around counting people. And we know there is a 3 day break from parliament as everybody travels for the census. They will have strict curfews to make sure nobody is counted twice. Almost sounds like the times of Christ with the census…they had to go back to their homes to be counted. That is what Iraq is doing. Wouldn’t that be a great time to pull the trigger. We know the census will be done but they...wont release the numbers until December 10th I believe. Sounds like a key date for them.
11-13-2024 Newshound Guru Pimpy Article "A turning point for fiscal policies. What after the cancellation of the dollar traffic monitoring platform?" Quote "This decision is expected to lead to fundamental changes in financial transfer mechanisms and a direct impact on the exchange rates and financial stability." Be careful. Every time somebody ready 'exchange rate' in articles they don't pump you up full of hopium and mislead you. I don't want them going 'Oh my God they're getting ready to make the change...' Because that's not the case...
11-13-2024 Newshound Guru Militia Man 2024 budget hasn't been exposed just yet. We are waiting to see if they can expose it. I think they have some legal and technical issues...We're at that stage where for them to receive the 2025 budget they need the final accounts for the '23 and '24...
11-13-2024 Intel Guru MarkZ [via PDK] Question: Are we waiting for the Iraq census to be finished? I believe it starts on the 20th or so and goes for several days. MarkZ: I have not heard we have to wait for the census to be done... I have another contact who believes things will be wrapped up in the next 7 days. I...hope for sooner rather than later.
11-13-2024 Newshound Guru Clare Article: " 'Unprecedented' .. Iraq prepares to launch a group of investments worth a quarter of a trillion dollars” Quote: "Iraq is preparing to launch a wide range of projects with the aim of attracting investments worth up to a quarter of a trillion dollars over the next two years, in an unprecedented move in the country."
11-13-2024 Newshound Guru Samson Article: "Will US sanctions on some Iraqi banks continue after Trump's victory?"
11-13-2024 Newshound/Intel Guru Walkingstick [Iraqi Bank manager friend Aki Update] AKI: I got the billboards in the banks but you know they're already in place. Everything is electrical. These are TV screens. They are already in place in our banks. I got them in my banks. Your question was about billboards in banks. No, we call those posters. They will have pictures and descriptions yes.
11-13-2024 Intel Guru Frank26 I told you to construct your team. I told you your team is waiting for you at the bank, anyways. Merrill Lynch, JP Morgan, whatever it may be... [Dinar Guru Note: At the appropriate time consult with attorneys and financial planners and asset protection professionals you trust.]
11-13-2024 Intel Guru MarkZ [via PDK] Article: “Saadi Ahmed Bureh: the Census should have been carried out after the implementation of article 140” After? HCL? Has it already been implemented? Am I missing something? I think they are telling us something.
11-13-2024 Newshound Guru Pimpy I have no doubt Trump is going to want to do this [a peace in the Middle East deal with Sudani] as quickly as possible so it shouldn't take very long for us to finally start to hear what it is that Trump has in mind with Sudani and Iraq, what they're going to offer Iraq. What does this mean for the Iraqi dinar? This means the currency is going to be stable and once it's stable and they're not worried about inflation then we might see the deletion of the zeros coming up here shortly and then followed by a new denomination of Iraqi dinars, new currencies without the zeros on them. Then we'll definitely see the exchange rate change...
11-13-2024 Intel Guru Wolverine [via Judy Byington] I went to a meeting and was told it was defiantly happening. Don’t know when, but it is definitely happening. I am not allowed to say much but we will certainly have a wonderful Christmas….
11-13-2024 Newshound Guru Militia Man Once the dollars run out because there's no more smuggling going on, the new digital transformation has taken place, the new systems in place, the dollar itself in the country is going to drop up quickly. They change the exchange rate of the Iraqi dinar to be stronger than the U.S. dollar, that [black] market is going to tank. A lot of people are going to be painfully hurt. It's their bad. They've been warned...The bottom line is the black market is about to take a beating. Supply is running short with the dollars. They've been put on notice...It looks positive for all of us...
11-13-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV saying from some CBI spokesman that American Treasury helped us Iraq print new International currency. FRANK: ...That's why the CBI and the Treasury moved in together on the second floor of the CBI building. They will not allow this monetary reform to fail...The door is wide open now for the new exchange rate to come to you...
11-13-2024 Newshound/Intel Guru Mnt Goat It’s almost mid-November already and still no solid announcement from the CBI of the conducting the Project to Delete the Zeros. NO, the RV has not yet happened. The U.S. election is now over and so we should expect some information on this soon, if they are still going along with the target of early January 2025, as I was told. I know we heard this in the past previous years and yes this was the plan back then too. But we are here now and it’s a new fiscal year coming for Iraq and, as we all read in the recent news, Iraq could not be in a better position to get their currency returned to them.
11-13-2024 Intel Guru MarkZ [via PDK] Article: “Planning: We will start the census next Thursday. the ministry of the interior announces the date of the start of the curfew which is excluded from it.“ They are excluded from curfew since they will going around counting people. And we know there is a 3 day break from parliament as everybody travels for the census. They will have strict curfews to make sure nobody is counted twice. Almost sounds like the times of Christ with the census…they had to go back to their homes to be counted. That is what Iraq is doing. Wouldn’t that be a great time to pull the trigger. We know the census will be done but they...wont release the numbers until December 10th I believe. Sounds like a key date for them.
11-12-2024 Intel Guru Frank26 I don't believe a program rate would give me any hope, would give me any optimism for the future let alone for the present...
11-12-2024 Newshound Guru Clare Article: "Planning: We will start the census next Thursday.. and the Ministry of Interior announces the start date of the curfew and those exempted from it" Quote: "The population census will continue until December 10, and the 20th and 21st of this month will be for the census of family members, indicating that the enumerators will visit families more than once, and the curfew will gradually be lifted from the areas where the census is being conducted."
11-12-2024 Newshound Guru Militia Man When the currency [the dinar] hits the Forex I think everybody's going to have an awakening. I know I will.
11-12-2024 Newshound Guru Sandy Ingram Zimbabwe's new currency is set to trade on the Forex market. [Why do] We discuss why we watch the ZIG currency so closely...when most of are IQD investors [?]...We watch the Zimbabwe's currency because, like Iraq...Zimbabwe had a currency where it took $1.47 to make one Zimbabwe dollar. (Iraq's currency was over 3 IQD to $1.00 before 2003). Like Iraq, the country ran into hardship and was devalued and spiraled downward. We watch Zimbabwe and other developing countries currency for ideas on how Iraq may handle its currency revalue, float, reinstatement or central bank digital currency...Zimbabwe has lots of gold and Iraq has lots of oil...Zimbabwe plans for its gold-backed currency to trade on the Forex market. However they did not tell us when this event will happen...
11-12-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is showing a special report about the new port and investment project. They say these ports will change Iraq's economy forever.
11-12-2024 Newshound Guru Clare Article: "A turning point in financial policies..What comes after the cancellation of the dollar movement monitoring platform?" Quote: "...the entry of the Central Bank Iraqi, The US Federal Reserve as a supervisory body, and assigning transfer operations to Iraqi banks that have relationships with major international banks such as Citibank and JP Morgan, will contribute to accelerating transfer operations and limiting data manipulation. Eliminating the parallel market..."
11-12-2024 Newshound Guru Militia Man Article quote: Alaq says... "When we reach the point where everyone is headed towards using the official and fundamental channels in the transfer process then we find no room for there to be two prices for the dollar." That's when he'll make his move. If he's not ready now, when will he be? I don't know. That's his call. It's on him to know the marketplace. When is the safest time to do it? He's saying over the passage of time it gets shorter and shorter because the people are using the system properly. Once he changes the exchange rate I think that market, the two prices, go away like that, *snap*.
11-12-2024 Intel Guru MarkZ [via PDK] Question: What are we waiting on? MarkZ: I think we are just waiting for an announcement …I think they are on a fast track to completion…. Maybe that's why we get silence and a brick wall from contacts.
11-12-2024 Newshound Guru Pimpy I'm sure you've already heard about the phone call between Sudani and Trump, so there's some good things coming down the road for Iraq... Article: "Sudanese and Trump agree to coordinate to stop the region's wars and meet in the near future." When the two of them spoke this was around the time about 70 different world leaders were calling to
congratulate Trump on his victory but they were saying that when it came to Sudani they had a much longer and different talk altogether. So why exactly does Trump want to meet with Sudani as soon as possible? Trump is going to be making a proposal to Sudani I think that he won't be able to pass up on and that is he wants Sudani to help Trump negotiate some kind of peace deal with Iran or if he can't do that at least facilitate keeping them under control while he is in office so he can bring peace to the Middle East. He feels Sudani is his ticket into Iran.
11-12-2024 Intel Guru Frank26 ...with the amount that you told us you have, the Brinks truck will come to your house and they will do the exchange right there in your house and then you'll be good to go. It'll be in your bank. You'll be able to verify it on your phone, in your app that shows your banking information. He said you'll be able to validate on a computer, all that jazz, that the money is in your account...They're saying we should have and accountant and tax attorney. They have a list of all that, that they'd be more than happy to share. I said no thank you I have all that covered...It was amazing. Our jaws dropped...This was [last] Monday by the way... [Post 2 of 2]
11-12-2024 Intel Guru Frank26 [Bank story] This time we didn't go down, we just called [the bank]...We said we want to see if we can exchange some currency and he said what kind of currency? We said Iraqi dinar. He didn't even skip a beat, he said, well I'm not sure about that one right now let me talk to my colleagues and I'll get back to you. Easy-peasy, we were just kind of shocked. He put me on hold and came back and he very calmly said sir... [Post 1 of 2...stay tuned]
11-12-2024 Newshound/Intel Guru Mnt Goat I see what is happening in Iraq as a final “cleanup” from the sanctioned days and war years...there is going be some huge change in policy of currency exchange for international trade with Iraq...why else would the CBI make such a drastic change in policy with the currency auctions if the US didn’t tell them to “ditch the dollar” and do it now. ...But in order to do it Iraq needed the reforms... reforms come first, then they can rebuild their economy and somewhere in the new economy building phase, they strike out and delete the zeros and reinstate...So, come the end of 2024 don’t you think these reforms will be ‘good enough” to let the dinar finally get to FOREX? I was told this is their target.
11-12-2024 Intel Guru MarkZ [via PDK] “Government spokesman reveals the most important features of the Sudanese and Trump communication” This article really gets into the discussion. Trump believes Iraq can be a very calming influence in the region. They had spoken...I believe at least 3 times since Trump was elected. The two sides stressed moving forward with relations between our countries and they also talked about money, technology and Iraq’s role in it…you have to know Trump has a interest in Iraqs ascension and change in Value. It would bring financial stability to the US and peace and prosperity to many parts of the world. This is very encouraging.
11-12-2024 Newshound Guru Clare Article: "Planning: We will start the census next Thursday.. and the Ministry of Interior announces the start date of the curfew and those exempted from it" Quote: "The population census will continue until December 10, and the 20th and 21st of this month will be for the census of family members, indicating that the enumerators will visit families more than once, and the curfew will gradually be lifted from the areas where the census is being conducted."
11-12-2024 Newshound Guru Militia Man When the currency [the dinar] hits the Forex I think everybody's going to have an awakening. I know I will.
11-12-2024 Newshound Guru Sandy Ingram Zimbabwe's new currency is set to trade on the Forex market. [Why do] We discuss why we watch the ZIG currency so closely...when most of are IQD investors [?]...We watch the Zimbabwe's currency because, like Iraq...Zimbabwe had a currency where it took $1.47 to make one Zimbabwe dollar. (Iraq's currency was over 3 IQD to $1.00 before 2003). Like Iraq, the country ran into hardship and was devalued and spiraled downward. We watch Zimbabwe and other developing countries currency for ideas on how Iraq may handle its currency revalue, float, reinstatement or central bank digital currency...Zimbabwe has lots of gold and Iraq has lots of oil...Zimbabwe plans for its gold-backed currency to trade on the Forex market. However they did not tell us when this event will happen...
11-12-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is showing a special report about the new port and investment project. They say these ports will change Iraq's economy forever.
11-12-2024 Newshound Guru Clare Article: "A turning point in financial policies..What comes after the cancellation of the dollar movement monitoring platform?" Quote: "...the entry of the Central Bank Iraqi, The US Federal Reserve as a supervisory body, and assigning transfer operations to Iraqi banks that have relationships with major international banks such as Citibank and JP Morgan, will contribute to accelerating transfer operations and limiting data manipulation. Eliminating the parallel market..."
11-12-2024 Newshound Guru Militia Man Article quote: Alaq says... "When we reach the point where everyone is headed towards using the official and fundamental channels in the transfer process then we find no room for there to be two prices for the dollar." That's when he'll make his move. If he's not ready now, when will he be? I don't know. That's his call. It's on him to know the marketplace. When is the safest time to do it? He's saying over the passage of time it gets shorter and shorter because the people are using the system properly. Once he changes the exchange rate I think that market, the two prices, go away like that, *snap*.
11-12-2024 Intel Guru MarkZ [via PDK] Question: What are we waiting on? MarkZ: I think we are just waiting for an announcement …I think they are on a fast track to completion…. Maybe that's why we get silence and a brick wall from contacts.
11-12-2024 Newshound Guru Pimpy I'm sure you've already heard about the phone call between Sudani and Trump, so there's some good things coming down the road for Iraq... Article: "Sudanese and Trump agree to coordinate to stop the region's wars and meet in the near future." When the two of them spoke this was around the time about 70 different world leaders were calling to
congratulate Trump on his victory but they were saying that when it came to Sudani they had a much longer and different talk altogether. So why exactly does Trump want to meet with Sudani as soon as possible? Trump is going to be making a proposal to Sudani I think that he won't be able to pass up on and that is he wants Sudani to help Trump negotiate some kind of peace deal with Iran or if he can't do that at least facilitate keeping them under control while he is in office so he can bring peace to the Middle East. He feels Sudani is his ticket into Iran.
11-12-2024 Intel Guru Frank26 ...with the amount that you told us you have, the Brinks truck will come to your house and they will do the exchange right there in your house and then you'll be good to go. It'll be in your bank. You'll be able to verify it on your phone, in your app that shows your banking information. He said you'll be able to validate on a computer, all that jazz, that the money is in your account...They're saying we should have and accountant and tax attorney. They have a list of all that, that they'd be more than happy to share. I said no thank you I have all that covered...It was amazing. Our jaws dropped...This was [last] Monday by the way... [Post 2 of 2]
11-12-2024 Intel Guru Frank26 [Bank story] This time we didn't go down, we just called [the bank]...We said we want to see if we can exchange some currency and he said what kind of currency? We said Iraqi dinar. He didn't even skip a beat, he said, well I'm not sure about that one right now let me talk to my colleagues and I'll get back to you. Easy-peasy, we were just kind of shocked. He put me on hold and came back and he very calmly said sir... [Post 1 of 2...stay tuned]
11-12-2024 Newshound/Intel Guru Mnt Goat I see what is happening in Iraq as a final “cleanup” from the sanctioned days and war years...there is going be some huge change in policy of currency exchange for international trade with Iraq...why else would the CBI make such a drastic change in policy with the currency auctions if the US didn’t tell them to “ditch the dollar” and do it now. ...But in order to do it Iraq needed the reforms... reforms come first, then they can rebuild their economy and somewhere in the new economy building phase, they strike out and delete the zeros and reinstate...So, come the end of 2024 don’t you think these reforms will be ‘good enough” to let the dinar finally get to FOREX? I was told this is their target.
11-12-2024 Intel Guru MarkZ [via PDK] “Government spokesman reveals the most important features of the Sudanese and Trump communication” This article really gets into the discussion. Trump believes Iraq can be a very calming influence in the region. They had spoken...I believe at least 3 times since Trump was elected. The two sides stressed moving forward with relations between our countries and they also talked about money, technology and Iraq’s role in it…you have to know Trump has a interest in Iraqs ascension and change in Value. It would bring financial stability to the US and peace and prosperity to many parts of the world. This is very encouraging.
11-11-2024 Newshound Guru Samson Article: "Iraq's Economy Under Trump: Sanctions Fears, Hope for End to Volatility" Quote: "...International markets are anticipating major economic changes with the return of US President Donald Trump..."
11-11-2024 Intel Guru Frank26 The monetary reform policy is being introduced to you Iraqi citizens on a daily basis isn't it. It's is my hope. It is my desire. It is my prayer that Sudani fulfills his promise of this year. But regardless know it's coming. We know we are already here.
11-11-2024 Intel Guru MarkZ [via PDK] Question: So no RV until Trump officially takes office on Jan 20th? MarkZ: I have simply not heard that…80-90% of my contacts believe we will be going before Dec 10th. There are a few outliers opinion that we wont be going until Trump is in…but the overwhelming majority believe we will go between now and Dec. 10th.
11-11-2024 Newshound Guru Militia Man Article Quote: "The CBI introduced a second channel where the CBI pre-funded dollar account of the domestic commercial banks that have CBRs." [Correspondent Banking Relationships] With who? Citi Bank. This is coming from IMF Article IV. Citi Bank says, 'We're not involved.'. JP Morgan goes, 'Oh, we're not involved.' It's in black and
white. Quote: "Citi Bank for trade finance, this has allowed an increase share of cross boarder payments to be cleared through commercial banks." It's not my words. Google it. 2024 IMF Article IV consultation 68 page pdf file. Download it...I bring this stuff in from the International Monetary Fund because they are part of the structure of getting Iraq to become International...
11-11-2024 Newshound Guru Clare Article: "Iraq's share in the IMF" Quote: "When Iraq announced that it had paid off all its debts to the International Monetary Fund last May...It was leaked from the Central Bank that the cash reserve exceeds 110 billion dollars and that the country’s gold reserves amounted to nearly 150 tons...It is known globally that governments that can get rid of the burden of debt to the Fund and the World Bank are the most successful in managing the affairs of their countries...Today, Iraq intends to increase its share in the International Monetary Fund by the equivalent of 1.45 trillion dinars, which will support its voting power within the Fund, contribute to attracting investments, create a promising business environment, and achieve real development"
11-11-2024 Newshound Guru Samson Article: “Parliamentary Finance Committee reveals a move to question the Governor of the Central Bank of Iraq: We are working to change him" Quote: "Member of the Parliamentary Finance Committee, Mohammed Nouri, revealed on Sunday that there is a move within the committee and the House of Representatives to question the Governor of the Central Bank of Iraq, Ali Al-Alaq, due to the lack of control over the stability of the dollar price and the dominance of private banks over the currency selling window."
11-11-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV saying we have upped our gold supply to 153 tons now. FRANK: No, absolutely not. It's much more than that...
11-11-2024 Newshound Guru Breitling Question: "A while back you mentioned the US Treasury Department was displeased with the controls the
CBI put in place to crack down on the money flow from Iran and its proxies. I thought the US has no control over when Iraq could bring their currency to international market?" They don't. But if Iraq wants to be part of our markets they have to comply. That's it.
11-11-2024 Intel Guru MarkZ [via PDK] An interesting weekend in Iraq... In Iraq they were very busy and working over the weekend... We do not know the timing but, there is a massive push in Iraq to go before Dec. 10th. They say that’s when they want to be complete – so IMO they need to go sometime this month. That makes the most sense.
11-11-2024 Newshound/Intel Guru Fnu Lnu [Response to Guru Frank26 Bank post from 11-10-2024 below] There is absolutely no reason to go to numerous banks...Also, NO bank is going to come to your house...There is a De La rue machine involved and it must be connected to a high speed secured line on a closed Intranet. No, they are not coming to your house.
11-11-2024 Newshound Guru Samson Article: "GOVERNMENT ADVISOR : TRUMP'S ASCENSION TO US PRESIDENCY WILL STRENGTHEN RELATIONS BETWEEN BAGHDAD AND WASHINGTON"
11-11-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani on TV again saying the currency transition will be completed by December the 10th which is our Day of Victory relating back to the war... FRANK: Pay attention to every word that Sudan says to you because every word I told you is heavily calculated. Every word is heavily measured. They are trying to tell you something...You know very well what he is saying. Congratulations.
11-11-2024 Intel Guru Wolverine [via Judy Byington] The RV has started... Everyone’s saying that by Tues. 12 Nov. we should have a shotgun start. Everything is going at once. The bankers had a meeting and said that Zurich has already started. The codes were locked in a couple of days ago. Remember Tues. 12 Nov. is when we expect things to roll.
11-11-2024 Newshound/Intel Gurus MarkZ & Militia Man MarkZ: Article: “MP (Member of Parliament) Likely to resolve 3 major laws this week.“ Are they hiding HCL in here? They have extended the legislation until Dec. 10th which is Victory Day. Militia Man: They are talking about it today. Real Estate in Kirkuk is part of article 140 of the HCL. These laws are really important and they have already been read twice and they could be working on it right now and we wouldn’t know yet. It will be big news once it pops. I believe it is on the table and could happen at anytime during this session.
11-11-2024 Intel Guru Frank26 The monetary reform policy is being introduced to you Iraqi citizens on a daily basis isn't it. It's is my hope. It is my desire. It is my prayer that Sudani fulfills his promise of this year. But regardless know it's coming. We know we are already here.
11-11-2024 Intel Guru MarkZ [via PDK] Question: So no RV until Trump officially takes office on Jan 20th? MarkZ: I have simply not heard that…80-90% of my contacts believe we will be going before Dec 10th. There are a few outliers opinion that we wont be going until Trump is in…but the overwhelming majority believe we will go between now and Dec. 10th.
11-11-2024 Newshound Guru Militia Man Article Quote: "The CBI introduced a second channel where the CBI pre-funded dollar account of the domestic commercial banks that have CBRs." [Correspondent Banking Relationships] With who? Citi Bank. This is coming from IMF Article IV. Citi Bank says, 'We're not involved.'. JP Morgan goes, 'Oh, we're not involved.' It's in black and
white. Quote: "Citi Bank for trade finance, this has allowed an increase share of cross boarder payments to be cleared through commercial banks." It's not my words. Google it. 2024 IMF Article IV consultation 68 page pdf file. Download it...I bring this stuff in from the International Monetary Fund because they are part of the structure of getting Iraq to become International...
11-11-2024 Newshound Guru Clare Article: "Iraq's share in the IMF" Quote: "When Iraq announced that it had paid off all its debts to the International Monetary Fund last May...It was leaked from the Central Bank that the cash reserve exceeds 110 billion dollars and that the country’s gold reserves amounted to nearly 150 tons...It is known globally that governments that can get rid of the burden of debt to the Fund and the World Bank are the most successful in managing the affairs of their countries...Today, Iraq intends to increase its share in the International Monetary Fund by the equivalent of 1.45 trillion dinars, which will support its voting power within the Fund, contribute to attracting investments, create a promising business environment, and achieve real development"
11-11-2024 Newshound Guru Samson Article: “Parliamentary Finance Committee reveals a move to question the Governor of the Central Bank of Iraq: We are working to change him" Quote: "Member of the Parliamentary Finance Committee, Mohammed Nouri, revealed on Sunday that there is a move within the committee and the House of Representatives to question the Governor of the Central Bank of Iraq, Ali Al-Alaq, due to the lack of control over the stability of the dollar price and the dominance of private banks over the currency selling window."
11-11-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV saying we have upped our gold supply to 153 tons now. FRANK: No, absolutely not. It's much more than that...
11-11-2024 Newshound Guru Breitling Question: "A while back you mentioned the US Treasury Department was displeased with the controls the
CBI put in place to crack down on the money flow from Iran and its proxies. I thought the US has no control over when Iraq could bring their currency to international market?" They don't. But if Iraq wants to be part of our markets they have to comply. That's it.
11-11-2024 Intel Guru MarkZ [via PDK] An interesting weekend in Iraq... In Iraq they were very busy and working over the weekend... We do not know the timing but, there is a massive push in Iraq to go before Dec. 10th. They say that’s when they want to be complete – so IMO they need to go sometime this month. That makes the most sense.
11-11-2024 Newshound/Intel Guru Fnu Lnu [Response to Guru Frank26 Bank post from 11-10-2024 below] There is absolutely no reason to go to numerous banks...Also, NO bank is going to come to your house...There is a De La rue machine involved and it must be connected to a high speed secured line on a closed Intranet. No, they are not coming to your house.
11-11-2024 Newshound Guru Samson Article: "GOVERNMENT ADVISOR : TRUMP'S ASCENSION TO US PRESIDENCY WILL STRENGTHEN RELATIONS BETWEEN BAGHDAD AND WASHINGTON"
11-11-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani on TV again saying the currency transition will be completed by December the 10th which is our Day of Victory relating back to the war... FRANK: Pay attention to every word that Sudan says to you because every word I told you is heavily calculated. Every word is heavily measured. They are trying to tell you something...You know very well what he is saying. Congratulations.
11-11-2024 Intel Guru Wolverine [via Judy Byington] The RV has started... Everyone’s saying that by Tues. 12 Nov. we should have a shotgun start. Everything is going at once. The bankers had a meeting and said that Zurich has already started. The codes were locked in a couple of days ago. Remember Tues. 12 Nov. is when we expect things to roll.
11-11-2024 Newshound/Intel Gurus MarkZ & Militia Man MarkZ: Article: “MP (Member of Parliament) Likely to resolve 3 major laws this week.“ Are they hiding HCL in here? They have extended the legislation until Dec. 10th which is Victory Day. Militia Man: They are talking about it today. Real Estate in Kirkuk is part of article 140 of the HCL. These laws are really important and they have already been read twice and they could be working on it right now and we wouldn’t know yet. It will be big news once it pops. I believe it is on the table and could happen at anytime during this session.
11-10-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
There's a guy on TV saying Iraqis have the possibility of purchasing any commodity electronically immediately. FRANK: You see their money can move in and out of their country now freely. Yah! There's no more restrictions. Yah! The same things are happening with goods and services.
11-10-2024 Newshound Guru Samson Article: "Central Bank: Number of users of electronic financial services exceeds 20 million"
11-10-2024 Newshound Guru Militia Man The census will count the population, housing, industrial and commercial establishments, agricultural land and infrastructure. Displaced persons and refugees will not be included in the account...It's scheduled for November 20, 2024. It will be accompanied by a two-day curfew in all Iraqi provinces.
11-10-2024 Newshound Guru Clare Article: "Trump wants to meet Sudani soon" Quote: "US President-elect Donald Trump expressed his desire to meet with Prime Minister Mohammed Shia al-Sudani 'soon,' according to a statement from the Prime Minister's media office on Friday (November 8, 2024)...Al-Sudani made a phone call...Friday, with the US President-elect Donald Trump, in which he expressed his congratulations to the President and the American people on the occasion of winning the elections, and the great confidence that the American people have given him."
11-10-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani and his government they're all on TV...and they're sending congratulations to the president of the United States Donald J Trump and they're saying we need to continue bilateral cooperation. FRANK: I am very pleased Donald Trump won but more so I, who is invested in the Iraqi dinar, find myself very pleased...Donald Trump got an amazing amount of Arab votes up here in Michigan because he promised peace and that's what the Middle East citizens want...
11-10-2024 Newshound/Intel Guru Walkingstick [Iraqi bank manager friend Aki update] AKI: No. I don't have them in the Dearborn banks yet. WALKINSTICK: Have they told you when they're going to give you these boards? AKI: I was there, Sudani was there, Alaq was there, the US Treasury, IMF, World Bank, everybody was there when these were constructed so I'm not going to tell you when we're going to display them but I'm going to tell you that I'm going tell you that I'm going to. WALKINGSTICK: #1 you don't have them in your possession yet? AKI: Correct WALKINGSTICK: #2, you were present when these boards were made? AKI: Yes. [Post 2 of 2]
11-10-2024 Newshound/Intel Guru Walkingstick [Iraqi bank manager friend Aki update] WALKINGSTICK: You told us about these bulletin boards/ billboards that are going be brought to you there at the bank...Do you have the bulletin boards, you know the ones that you told me that they were going to send you with the pictures...explanations/descriptions of all the notes? You have...the ones you told me are going to be distributed to all these currency centers, to all the banks? [Post 1 of 2....stay tuned]
11-10-2024 Newshound Guru Samson Article 1. "Al-Awadi: The communication between the Prime Minister and the US President-elect was highly positive" Article 2. "Trump welcomes working with the Sudanese and wants to meet him in the near future"
11-10-2024 Intel Guru Frank26 If you have a lot of dinars, don't you dare let them out of your sight. Many of you are finding out if it's a small bank, just like we told you, they're going to send them to a bigger bank. No, no. 'Tell me the address of the bigger bank where you're going to send my dinar to be verified here in Ohio?' 'To Columbus, probably to our state bank down there.' Okie-Dokie I'm going to take them down there. But in my case no...I'm not going to [just] one place...Make appointments with [different banks] for them to come to my [your] house...They'll bring all the protection that is needed...
11-10-2024 Newshound Guru Militia Man [via PDK] ...things are happening fast and furious...With that development road – people and trade will come in droves. The push is big…this article was interesting to me “In 5 days Iraq Central Bank sells more than a billion dollars” and they say there is now no room for the parallel market or black market for dollars. This is huge from Al ALaq. Once they open the doors and change the REER [Real Effective Exchange Rate] then the dinar will then be stronger than the dollar. That is what Al-Sudani has said more than once. And that is what we are waiting for.
There's a guy on TV saying Iraqis have the possibility of purchasing any commodity electronically immediately. FRANK: You see their money can move in and out of their country now freely. Yah! There's no more restrictions. Yah! The same things are happening with goods and services.
11-10-2024 Newshound Guru Samson Article: "Central Bank: Number of users of electronic financial services exceeds 20 million"
11-10-2024 Newshound Guru Militia Man The census will count the population, housing, industrial and commercial establishments, agricultural land and infrastructure. Displaced persons and refugees will not be included in the account...It's scheduled for November 20, 2024. It will be accompanied by a two-day curfew in all Iraqi provinces.
11-10-2024 Newshound Guru Clare Article: "Trump wants to meet Sudani soon" Quote: "US President-elect Donald Trump expressed his desire to meet with Prime Minister Mohammed Shia al-Sudani 'soon,' according to a statement from the Prime Minister's media office on Friday (November 8, 2024)...Al-Sudani made a phone call...Friday, with the US President-elect Donald Trump, in which he expressed his congratulations to the President and the American people on the occasion of winning the elections, and the great confidence that the American people have given him."
11-10-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani and his government they're all on TV...and they're sending congratulations to the president of the United States Donald J Trump and they're saying we need to continue bilateral cooperation. FRANK: I am very pleased Donald Trump won but more so I, who is invested in the Iraqi dinar, find myself very pleased...Donald Trump got an amazing amount of Arab votes up here in Michigan because he promised peace and that's what the Middle East citizens want...
11-10-2024 Newshound/Intel Guru Walkingstick [Iraqi bank manager friend Aki update] AKI: No. I don't have them in the Dearborn banks yet. WALKINSTICK: Have they told you when they're going to give you these boards? AKI: I was there, Sudani was there, Alaq was there, the US Treasury, IMF, World Bank, everybody was there when these were constructed so I'm not going to tell you when we're going to display them but I'm going to tell you that I'm going tell you that I'm going to. WALKINGSTICK: #1 you don't have them in your possession yet? AKI: Correct WALKINGSTICK: #2, you were present when these boards were made? AKI: Yes. [Post 2 of 2]
11-10-2024 Newshound/Intel Guru Walkingstick [Iraqi bank manager friend Aki update] WALKINGSTICK: You told us about these bulletin boards/ billboards that are going be brought to you there at the bank...Do you have the bulletin boards, you know the ones that you told me that they were going to send you with the pictures...explanations/descriptions of all the notes? You have...the ones you told me are going to be distributed to all these currency centers, to all the banks? [Post 1 of 2....stay tuned]
11-10-2024 Newshound Guru Samson Article 1. "Al-Awadi: The communication between the Prime Minister and the US President-elect was highly positive" Article 2. "Trump welcomes working with the Sudanese and wants to meet him in the near future"
11-10-2024 Intel Guru Frank26 If you have a lot of dinars, don't you dare let them out of your sight. Many of you are finding out if it's a small bank, just like we told you, they're going to send them to a bigger bank. No, no. 'Tell me the address of the bigger bank where you're going to send my dinar to be verified here in Ohio?' 'To Columbus, probably to our state bank down there.' Okie-Dokie I'm going to take them down there. But in my case no...I'm not going to [just] one place...Make appointments with [different banks] for them to come to my [your] house...They'll bring all the protection that is needed...
11-10-2024 Newshound Guru Militia Man [via PDK] ...things are happening fast and furious...With that development road – people and trade will come in droves. The push is big…this article was interesting to me “In 5 days Iraq Central Bank sells more than a billion dollars” and they say there is now no room for the parallel market or black market for dollars. This is huge from Al ALaq. Once they open the doors and change the REER [Real Effective Exchange Rate] then the dinar will then be stronger than the dollar. That is what Al-Sudani has said more than once. And that is what we are waiting for.
11-9-2024 Intel Guru Frank26 Isn't that interesting, they [New Mexico bank] said they're not going to exchange it. They didn't say it's a scam. I have not heard the word scam in almost six months now. You see, that's a pattern that was meant to be broken.
11-9-2024 Newshound Guru Sandy Ingram I am concerned for Iraq. Why is the US Secretary of State urging the Iraq prime minister to take quick action...against armed groups in Iraq? ...Things are extremely tense behind the scenes in the Middle East...The US has issued a stark warning to the Iraqi government, if Iran uses Iraqi soil to attack Israel expect Israeli retaliation against Iraq...But here's the latest news. There's no doubt about what is about to happen in Iraq... Article "Israel prepares a large- scale attack on targets in Iraq." ...None of this sounds good.
1-9-2024 Newshound Guru Militia Man [Iraq's] inflation rate is key. It's low. It went from 7.5% to 3.8%. It's really in good shape.
11-9-2024 Newshound Guru Clare Article: "The Central Bank Governor determines...Who goes to buy dollars from the 'black market'?" Quote: “a number of merchants, for personal reasons, still do not come using the official method and transfer what they need at the official price, but the percentage of these people decreases with the passage of time.”
11-9-2024 Newshound Guru Samson Article: “Prime Minister's Advisor: The first commercial ship will dock at Al-Faw Port soon"
11-9-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh on TV saying Iraq private sector is about to catch up economically with the international sector. FRANK: Not at a program rate. A person would have to be a moron to think Iraq's economy is about to explode with a punished sanctioned program rate to their currency.
11-9-2024 Newshound Guru Militia Man CBRs , Correspondent Banking Relationships, we've know about that since 2023...This isn't brand new. This is what's been done. 2024 consultation Article IV is about things they've got to a certain point where now we're going to the next step. We're focusing in on 2024 for what? Modernizing the banking system. Getting that completed. Going to the private sector. Privatizing the state-owned banks. They're doing it. Ernst & Young are doing it. They've had a contract since January.
11-9-2024 Newshound/Intel Guru Mnt Goat My...CBI...contact...told me there is a planned meeting next week with the director Al Al-Alaq to review the status of the committee work and plan out the next phase of the project to delete the zeros. I was told that the CBI will no longer be supporting the currency auctions come the end of the year...she told me they are now working on many more foreign banks besides the already arranged four (4) U.S. banks that are going to also come into process of supporting the international conversion of dinar to dollars on payment of imports to Iraq. Why would these other banks want to exchange dinars if they were not going to be worth something and globally traded? ...This news was VERY good news for all of us. It tells us there is going be some huge change in policy of currency exchange for international trade with Iraq.
11-9-2024 Newshound Guru Clare Article: "Al-Sudani and Trump agree to coordinate to stop regional wars and meet soon"
11-9-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani held a telephone call with President Trump and Mr Trump said I'm going to help end the conflict in that whole region that you got there and they agreed to meet in the near future. FRANK: Yeah, they'll meet before he becomes president in January. Mark my word...The whole world is calling Sudani because of your monetary reform success and now the whole world is calling my President Trump because they know they will now be successful with him. Sudani only talks to people that want to be successful with him.
11-9-2024 Intel Guru MarkZ [via PDK] “Sudani issues 6 directives to increase financial inclusion and raise its indicators in all governates” These include increasing number of banking branches, modern technologies, banking services…etc. They have modernized their banking system for the rise in value of their currency. This is all part of their white papers and economic reforms. One of their goals is to raise the purchasing power of the dinar for all Iraq. That means a revaluation (RV) or Re-instatement.
11-9-2024 Intel Guru Bruce [via WiserNow] I know that Sunday, which is the first banking day for Iraq and most of the Middle East will produce a new rate of the Iraqi dinar...and they have already been trading and buying and Selling using the Iraqi dinar in the Middle East for about a week, week and a half so far.
11-9-2024 Newshound Guru Sandy Ingram I am concerned for Iraq. Why is the US Secretary of State urging the Iraq prime minister to take quick action...against armed groups in Iraq? ...Things are extremely tense behind the scenes in the Middle East...The US has issued a stark warning to the Iraqi government, if Iran uses Iraqi soil to attack Israel expect Israeli retaliation against Iraq...But here's the latest news. There's no doubt about what is about to happen in Iraq... Article "Israel prepares a large- scale attack on targets in Iraq." ...None of this sounds good.
1-9-2024 Newshound Guru Militia Man [Iraq's] inflation rate is key. It's low. It went from 7.5% to 3.8%. It's really in good shape.
11-9-2024 Newshound Guru Clare Article: "The Central Bank Governor determines...Who goes to buy dollars from the 'black market'?" Quote: “a number of merchants, for personal reasons, still do not come using the official method and transfer what they need at the official price, but the percentage of these people decreases with the passage of time.”
11-9-2024 Newshound Guru Samson Article: “Prime Minister's Advisor: The first commercial ship will dock at Al-Faw Port soon"
11-9-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh on TV saying Iraq private sector is about to catch up economically with the international sector. FRANK: Not at a program rate. A person would have to be a moron to think Iraq's economy is about to explode with a punished sanctioned program rate to their currency.
11-9-2024 Newshound Guru Militia Man CBRs , Correspondent Banking Relationships, we've know about that since 2023...This isn't brand new. This is what's been done. 2024 consultation Article IV is about things they've got to a certain point where now we're going to the next step. We're focusing in on 2024 for what? Modernizing the banking system. Getting that completed. Going to the private sector. Privatizing the state-owned banks. They're doing it. Ernst & Young are doing it. They've had a contract since January.
11-9-2024 Newshound/Intel Guru Mnt Goat My...CBI...contact...told me there is a planned meeting next week with the director Al Al-Alaq to review the status of the committee work and plan out the next phase of the project to delete the zeros. I was told that the CBI will no longer be supporting the currency auctions come the end of the year...she told me they are now working on many more foreign banks besides the already arranged four (4) U.S. banks that are going to also come into process of supporting the international conversion of dinar to dollars on payment of imports to Iraq. Why would these other banks want to exchange dinars if they were not going to be worth something and globally traded? ...This news was VERY good news for all of us. It tells us there is going be some huge change in policy of currency exchange for international trade with Iraq.
11-9-2024 Newshound Guru Clare Article: "Al-Sudani and Trump agree to coordinate to stop regional wars and meet soon"
11-9-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani held a telephone call with President Trump and Mr Trump said I'm going to help end the conflict in that whole region that you got there and they agreed to meet in the near future. FRANK: Yeah, they'll meet before he becomes president in January. Mark my word...The whole world is calling Sudani because of your monetary reform success and now the whole world is calling my President Trump because they know they will now be successful with him. Sudani only talks to people that want to be successful with him.
11-9-2024 Intel Guru MarkZ [via PDK] “Sudani issues 6 directives to increase financial inclusion and raise its indicators in all governates” These include increasing number of banking branches, modern technologies, banking services…etc. They have modernized their banking system for the rise in value of their currency. This is all part of their white papers and economic reforms. One of their goals is to raise the purchasing power of the dinar for all Iraq. That means a revaluation (RV) or Re-instatement.
11-9-2024 Intel Guru Bruce [via WiserNow] I know that Sunday, which is the first banking day for Iraq and most of the Middle East will produce a new rate of the Iraqi dinar...and they have already been trading and buying and Selling using the Iraqi dinar in the Middle East for about a week, week and a half so far.
11-8-2024 Intel Guru Frank26 IMO, Iraq will be...no, "IS" a currency hub.
11-8-2024 Newshound Guru Militia Man Article: "Al-Sudani: The Grand Faw Port is Iraq's largest project" They're going to have 90 births...It's going to be the biggest port in the Middle East. It's going to take some time and they've been working on it for quite a long time, but now it's open....[It's] very deep. They can fit the [massive] ships. They're heavy, they sink when fully loaded so they need a deep port to navigate in. This is one of them.
11-8-2024 Intel Guru MarkZ [via PDK] “After the extension of the legislative term - Parliamentary movement to pass 5 important laws” I believe one of those is the HCL..
11-8-2024 Newshound Guru Samson Article: "Al-Sudani officially announces Iraq's receipt of the five berths of the Grand Faw Port"
11-8-2024 Intel Guru Bruce [via WiserNow] ...what we're being told is we can get notifications over the weekend, but the exchanges that we make for our currencies...would start on Tuesday...the 12th of November, so still a few days away.
11-8-2024 Newshound Guru Kaperoni A country's exchange rate is not a random act. An exchange rate is a reaction to a country's economic growth, inflationary pressure. Until Iraq passes laws, diversifies their economy, creates economic success there will be no change in the value of the dinar.
11-8-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Alaq is on television calling for the price of oil in the budget to be adjusted to $40. It's currently at $70. The only reason we see this happening is Alaq knows there is going to be a rate change... FRANK: That's right, because of a new exchange rate that is coming and because of the oil that will be used in 2025 with the new exchange rate.
11-8-2024 Newshound Guru Clare Article: "Iraq increases its gold holdings and ranks third in the Arab world" Quote: "Iraq increased its gold holdings to 152.6 tons, after it had held 152.5 tons, which represents 11.5% of its remaining reserves."
11-8-2024 Intel Guru MarkZ [via PDK] Isn’t that interesting... Sudani was overheard saying they planned to have the revaluation completed, everything done by Victory Day...Which is December 10th… This is from a number of folks in parliamentary finance who heard the comment. This means they have to go soon if it’s to be “completed by Dec. 10th.
11-8-2024 Newshound Guru Militia Man Article: "Iraq intends to increase the International Monetary Fund by equivalent of 1.45 trillion dinar." They paid off their debt, inflation is down, interest rates have dropped, foreign currency reserves have increase, 152.6 tons of gold...Does that sound like a country that's still going to stay at 1310 with their exchange rate?
11-8-2024 Newshound Guru Samson Article: "Al-Hakim to UN Representative: Iraq is experiencing unprecedented stability"
11-8-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
They were praising Sudani on the television on what he has done...in our last two years. We all were going crazy because it's fantastic stuff everything that he has done...Remember what Shabibi said back in the day when he was alive, in order for the rate change Iraq must have both stability and security! FRANK: These are the tell-tale signs. This is the evidence that you seek...
11-8-2024 Newshound/Intel Guru Mnt Goat My contact told me not to expect any move forward with the Project to Delete the Zeros until this new...Trump... administration signals, they will “fully” support it and the “process” and move to the end of the process, which is, as we all know, the reinstatement. Remember we don’t go to the bank until the reinstatement back on FOREX occurs, the end of the process.
11-8-2024 Intel Guru MarkZ [via PDK] Comment: This is a 3 day weekend for Veterans day. MarkZ: There is a lot of anticipation for this weekend.
11-7-2024 ***Dinar Guru Election Results Newsflash *** President Elect Donald Trump won the vote of Dearborn Michigan citizens...Stay tuned as the Dinar Gurus chime on what message this says about the Middle East, Iraq and the possibilities for the Iraqi dinar. The latest guru post continue below...
11-8-2024 Newshound Guru Militia Man Article: "Al-Sudani: The Grand Faw Port is Iraq's largest project" They're going to have 90 births...It's going to be the biggest port in the Middle East. It's going to take some time and they've been working on it for quite a long time, but now it's open....[It's] very deep. They can fit the [massive] ships. They're heavy, they sink when fully loaded so they need a deep port to navigate in. This is one of them.
11-8-2024 Intel Guru MarkZ [via PDK] “After the extension of the legislative term - Parliamentary movement to pass 5 important laws” I believe one of those is the HCL..
11-8-2024 Newshound Guru Samson Article: "Al-Sudani officially announces Iraq's receipt of the five berths of the Grand Faw Port"
11-8-2024 Intel Guru Bruce [via WiserNow] ...what we're being told is we can get notifications over the weekend, but the exchanges that we make for our currencies...would start on Tuesday...the 12th of November, so still a few days away.
11-8-2024 Newshound Guru Kaperoni A country's exchange rate is not a random act. An exchange rate is a reaction to a country's economic growth, inflationary pressure. Until Iraq passes laws, diversifies their economy, creates economic success there will be no change in the value of the dinar.
11-8-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Alaq is on television calling for the price of oil in the budget to be adjusted to $40. It's currently at $70. The only reason we see this happening is Alaq knows there is going to be a rate change... FRANK: That's right, because of a new exchange rate that is coming and because of the oil that will be used in 2025 with the new exchange rate.
11-8-2024 Newshound Guru Clare Article: "Iraq increases its gold holdings and ranks third in the Arab world" Quote: "Iraq increased its gold holdings to 152.6 tons, after it had held 152.5 tons, which represents 11.5% of its remaining reserves."
11-8-2024 Intel Guru MarkZ [via PDK] Isn’t that interesting... Sudani was overheard saying they planned to have the revaluation completed, everything done by Victory Day...Which is December 10th… This is from a number of folks in parliamentary finance who heard the comment. This means they have to go soon if it’s to be “completed by Dec. 10th.
11-8-2024 Newshound Guru Militia Man Article: "Iraq intends to increase the International Monetary Fund by equivalent of 1.45 trillion dinar." They paid off their debt, inflation is down, interest rates have dropped, foreign currency reserves have increase, 152.6 tons of gold...Does that sound like a country that's still going to stay at 1310 with their exchange rate?
11-8-2024 Newshound Guru Samson Article: "Al-Hakim to UN Representative: Iraq is experiencing unprecedented stability"
11-8-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
They were praising Sudani on the television on what he has done...in our last two years. We all were going crazy because it's fantastic stuff everything that he has done...Remember what Shabibi said back in the day when he was alive, in order for the rate change Iraq must have both stability and security! FRANK: These are the tell-tale signs. This is the evidence that you seek...
11-8-2024 Newshound/Intel Guru Mnt Goat My contact told me not to expect any move forward with the Project to Delete the Zeros until this new...Trump... administration signals, they will “fully” support it and the “process” and move to the end of the process, which is, as we all know, the reinstatement. Remember we don’t go to the bank until the reinstatement back on FOREX occurs, the end of the process.
11-8-2024 Intel Guru MarkZ [via PDK] Comment: This is a 3 day weekend for Veterans day. MarkZ: There is a lot of anticipation for this weekend.
11-7-2024 ***Dinar Guru Election Results Newsflash *** President Elect Donald Trump won the vote of Dearborn Michigan citizens...Stay tuned as the Dinar Gurus chime on what message this says about the Middle East, Iraq and the possibilities for the Iraqi dinar. The latest guru post continue below...
11-7-2024 Intel Guru Frank26 On the 10th there's going to be a collision of some very important 'heavy particles' that require the monetary reform exchange rate. On the 10th they're all coming into a collision. I think they're going to give birth to new elements...Maybe lower notes...maybe a float... maybe the digitization of the electronic float. A lot of things might be happening but not before the 10th of this month...
11-7-2024 Newshound Guru Clare Article: "Al-Fatlawi: The population census enumeration and numbering process exceeded 98% throughout Iraq" Quote: "...He indicated that the census will be conducted on its scheduled date on November 20."
11-7-2024 Newshound Guru Militia Man They're going to need to expose their exchange rate so they can get on the Forex and they can open the doors so they can start paying for all those obligations...
11-7-2024 Intel Guru MarkZ [via PDK] We know auctions for US dollars are due to stop this year. They have been very clear on that. From both the Governor of the Central Bank and Al-Sudani. The auctions right now are taking trillions of dinar out of circulation …which increases the purchasing power of their currency…. It is a clear preparation for a change in value.
11-7-2024 Newshound/Intel Guru Walkingstick Citibank and JP Morgan have been in Iraq for years...They've been working with the CBI. They've been working very closely with the digital platform for the foreign currency that will be coming in because there is no more foreign currency inside of Iraq although Iraq is now a currency hub...Iraq phased out the American dollar and all foreign
currency in order for the dinar to be their dominant sovereign currency of their nation. Because of this action the dinar is no longer paired to the USD but it is pared with a basket of foreign currency...This is very good for the monetary reform policy...
11-7-2024 Newshound Guru PompeyPeter Where are we? The have not seen the budget. But we have seen something very interesting that encourages me now to talk about the budget. [a new] article is an absolute doozy as far as I'm concerned because it's telling us quite a lot. It's telling us that Sunday the 10th of November is...Cultural Day when Iraq thinks about its great thinkers, feats of engineering, its natural beauty, its wonders and its historic wealth...this great nation which was the foundation for much in the world. This celebration is on Sunday. They moved it forward from its traditional date of...the 18th. They're saying they moved it because of the census...They moved it. They moved it forward to Sunday.
11-7-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
More and more each day videos from CBI being played on TV about the electronic platform system, saying how we are moving over and how the dinar is now stable and now stronger than ever, how the dinar will return to the 'glory days'. FRANK: Oh my God. These are the right people we want to hear from. These are the right words that we want to hear from these people...They're telling them these things IMO because they already have. All this is just the introduction.
11-7-2024 Intel Guru MarkZ [via PDK] There is no bad news. We still seem to be in the RV news doldrums….Which I think is fantastic…because of “who” is quiet...I see the light at the end of the tunnel now...The news out of Iraq has been overwhelming positive.
11-7-2024 Newshound Guru Sandy Ingram Trump...for the most part he has been on the side of Iraq. Our problem is not Trump, but rather the fact that Iraq is increasingly making the [dinar] a closed currency. The means we do not have access to the digital changes happening in the country today.
11-7-2024 Newshound Guru Clare Article: "Al-Sudani congratulates Trump and Vance, stresses Iraq's commitment to strengthening relations with America" Quote: "It is noteworthy that Iraqi Prime Minister Mohammed Shia al-Sudani had strongly attacked the administration of former US President Donald Trump, during a speech he gave at a memorial ceremony held in Baghdad in 2023 on the anniversary of the assassination of former Iranian Quds Force commander Qassem Soleimani and deputy head of the Popular Mobilization Authority Abu Mahdi al-Muhandis in an airstrike near Baghdad International Airport in early 2020..."
11-7-2024 Intel Guru Frank26 Salaries need a new exchange rate...The same thing with the HCL. Do you see the HCL? No. Give me a new exchange rate. It's that simple. Do you see the salaries? No, still nothing. Give me a new exchange rate. It's that simple. Do you see the lower notes they keep talking about? No. Give me a new exchange rate...By the way they are giving them a
new exchange rate IMO...
11-7-2024 Intel Guru MarkZ [via PDK] Article: “Sudani congratulates Trump and vice President on winning the White House race” Sudani believes it will bring stability to the middle east.
11-7-2024 Intel Guru Bruce [via WiserNow] ... our contact in Iraq that's got ties with the Iraqi government, is saying that we will have exchanges and have monies...Thursday to Saturday, is what he's telling us...
11-7-2024 Newshound Guru Clare Article: "Al-Fatlawi: The population census enumeration and numbering process exceeded 98% throughout Iraq" Quote: "...He indicated that the census will be conducted on its scheduled date on November 20."
11-7-2024 Newshound Guru Militia Man They're going to need to expose their exchange rate so they can get on the Forex and they can open the doors so they can start paying for all those obligations...
11-7-2024 Intel Guru MarkZ [via PDK] We know auctions for US dollars are due to stop this year. They have been very clear on that. From both the Governor of the Central Bank and Al-Sudani. The auctions right now are taking trillions of dinar out of circulation …which increases the purchasing power of their currency…. It is a clear preparation for a change in value.
11-7-2024 Newshound/Intel Guru Walkingstick Citibank and JP Morgan have been in Iraq for years...They've been working with the CBI. They've been working very closely with the digital platform for the foreign currency that will be coming in because there is no more foreign currency inside of Iraq although Iraq is now a currency hub...Iraq phased out the American dollar and all foreign
currency in order for the dinar to be their dominant sovereign currency of their nation. Because of this action the dinar is no longer paired to the USD but it is pared with a basket of foreign currency...This is very good for the monetary reform policy...
11-7-2024 Newshound Guru PompeyPeter Where are we? The have not seen the budget. But we have seen something very interesting that encourages me now to talk about the budget. [a new] article is an absolute doozy as far as I'm concerned because it's telling us quite a lot. It's telling us that Sunday the 10th of November is...Cultural Day when Iraq thinks about its great thinkers, feats of engineering, its natural beauty, its wonders and its historic wealth...this great nation which was the foundation for much in the world. This celebration is on Sunday. They moved it forward from its traditional date of...the 18th. They're saying they moved it because of the census...They moved it. They moved it forward to Sunday.
11-7-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
More and more each day videos from CBI being played on TV about the electronic platform system, saying how we are moving over and how the dinar is now stable and now stronger than ever, how the dinar will return to the 'glory days'. FRANK: Oh my God. These are the right people we want to hear from. These are the right words that we want to hear from these people...They're telling them these things IMO because they already have. All this is just the introduction.
11-7-2024 Intel Guru MarkZ [via PDK] There is no bad news. We still seem to be in the RV news doldrums….Which I think is fantastic…because of “who” is quiet...I see the light at the end of the tunnel now...The news out of Iraq has been overwhelming positive.
11-7-2024 Newshound Guru Sandy Ingram Trump...for the most part he has been on the side of Iraq. Our problem is not Trump, but rather the fact that Iraq is increasingly making the [dinar] a closed currency. The means we do not have access to the digital changes happening in the country today.
11-7-2024 Newshound Guru Clare Article: "Al-Sudani congratulates Trump and Vance, stresses Iraq's commitment to strengthening relations with America" Quote: "It is noteworthy that Iraqi Prime Minister Mohammed Shia al-Sudani had strongly attacked the administration of former US President Donald Trump, during a speech he gave at a memorial ceremony held in Baghdad in 2023 on the anniversary of the assassination of former Iranian Quds Force commander Qassem Soleimani and deputy head of the Popular Mobilization Authority Abu Mahdi al-Muhandis in an airstrike near Baghdad International Airport in early 2020..."
11-7-2024 Intel Guru Frank26 Salaries need a new exchange rate...The same thing with the HCL. Do you see the HCL? No. Give me a new exchange rate. It's that simple. Do you see the salaries? No, still nothing. Give me a new exchange rate. It's that simple. Do you see the lower notes they keep talking about? No. Give me a new exchange rate...By the way they are giving them a
new exchange rate IMO...
11-7-2024 Intel Guru MarkZ [via PDK] Article: “Sudani congratulates Trump and vice President on winning the White House race” Sudani believes it will bring stability to the middle east.
11-7-2024 Intel Guru Bruce [via WiserNow] ... our contact in Iraq that's got ties with the Iraqi government, is saying that we will have exchanges and have monies...Thursday to Saturday, is what he's telling us...
11-6-2024 Intel Guru Frank26 The fact they are talking to you [Iraqi citizens] that the HCL is coming...means a new exchange rate is coming.
11-6-2024 Newshound/Intel Guru Walkingstick For decades, forever, the corruption in Iraq have stolen the future of the children of Iraq, let alone the Middle East...You'll find them in parliament, you'll also find them in the media - television, newspapers of Iraq...Sudani brought in Alaq with the permission of the board of directors of the CBI. When he did, things started to move forward. That's why a 10 year report has now been put out.
11-6-2024 Newshound Guru Pimpy The dinar is not going to happen today or the next week as far as I know but this is a pretty big step [the restrictions removed from foreign currency exchange] for them because this allows a lot of liquidity which is necessary inside of Iraq. Liquidity has always been an issue for Iraq. This will change that. That means more businesses/people doing exchanges with the currencies. A lot of liquidity in Iraq is what they need.
11-6-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Alaq comes back on TV again and he's talking about we have in circulation 100 trillion dinars and in our reserves we have well over 100 trillion making our currency to be stable and low inflation. FRANK: The CBI has never even printed 100 trillion dinar so how is it possible? Because you're going to go digital and you have a new exchange rate.
11-6-2024 Newshound Guru Samson Article: "Transport announces completion of initial design phase of development road with its land and rail routes"
11-6-2024 Newshound Guru Militia Man I think they've got it to an exposer level. They haven't exposed the 2024 budget yet. They haven't exposed the hydrocarbon law yet. They haven't turned on oil in the Port [Into Turkey] yet. Why? Because I think the 2024 budget has something that we're waiting for.
11-6-2024 Newshound/Intel Guru Walkingstick [Iraq bank friend Aki update] What are you doing in Michigan? I'm taking care of the CBI Bank. What else you doing in Michigan? Me and my 18 partners, we've got 93 currency center banks. Where? Michigan...the state is important. For who? The CBI...The Arab population is massive. There are cities that are just Arab now.
11-6-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy said he has heard that Citibank and JP Morgan who have worked with Iraq for the last two years went to all the meetings...with the IMF, World Bank. It turns out Citibank have come out with something called CitiDirect program. It's...so banks can exchange foreign currency and deal with 135 different currencies. It is direct and all digital just like everything we're doing in Iraq...Mr. Sammy says these two banks will be leading the way but it will be banks all over the world too. FRANK: You can't be a central hub at a program rate!
11-6-2024 Intel Guru MarkZ [via PDK] “The election of the new speaker of Parliament will contribute to the legislation of important and obstructed laws” I have a few folks in Iraq that are convinced that sitting the new speaker was important and now I know why. They specifically name the HydroCarbon Law in this article…The HCL!!! There was a lot of meat to go with those potatoes.
11-6-2024 Newshound/Intel Guru Walkingstick For decades, forever, the corruption in Iraq have stolen the future of the children of Iraq, let alone the Middle East...You'll find them in parliament, you'll also find them in the media - television, newspapers of Iraq...Sudani brought in Alaq with the permission of the board of directors of the CBI. When he did, things started to move forward. That's why a 10 year report has now been put out.
11-6-2024 Newshound Guru Pimpy The dinar is not going to happen today or the next week as far as I know but this is a pretty big step [the restrictions removed from foreign currency exchange] for them because this allows a lot of liquidity which is necessary inside of Iraq. Liquidity has always been an issue for Iraq. This will change that. That means more businesses/people doing exchanges with the currencies. A lot of liquidity in Iraq is what they need.
11-6-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Alaq comes back on TV again and he's talking about we have in circulation 100 trillion dinars and in our reserves we have well over 100 trillion making our currency to be stable and low inflation. FRANK: The CBI has never even printed 100 trillion dinar so how is it possible? Because you're going to go digital and you have a new exchange rate.
11-6-2024 Newshound Guru Samson Article: "Transport announces completion of initial design phase of development road with its land and rail routes"
11-6-2024 Newshound Guru Militia Man I think they've got it to an exposer level. They haven't exposed the 2024 budget yet. They haven't exposed the hydrocarbon law yet. They haven't turned on oil in the Port [Into Turkey] yet. Why? Because I think the 2024 budget has something that we're waiting for.
11-6-2024 Newshound/Intel Guru Walkingstick [Iraq bank friend Aki update] What are you doing in Michigan? I'm taking care of the CBI Bank. What else you doing in Michigan? Me and my 18 partners, we've got 93 currency center banks. Where? Michigan...the state is important. For who? The CBI...The Arab population is massive. There are cities that are just Arab now.
11-6-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy said he has heard that Citibank and JP Morgan who have worked with Iraq for the last two years went to all the meetings...with the IMF, World Bank. It turns out Citibank have come out with something called CitiDirect program. It's...so banks can exchange foreign currency and deal with 135 different currencies. It is direct and all digital just like everything we're doing in Iraq...Mr. Sammy says these two banks will be leading the way but it will be banks all over the world too. FRANK: You can't be a central hub at a program rate!
11-6-2024 Intel Guru MarkZ [via PDK] “The election of the new speaker of Parliament will contribute to the legislation of important and obstructed laws” I have a few folks in Iraq that are convinced that sitting the new speaker was important and now I know why. They specifically name the HydroCarbon Law in this article…The HCL!!! There was a lot of meat to go with those potatoes.
11-5-2024 Intel Guru Frank26 Sudani the prime minister of Iraq is now in control of the auctions of their CBI. What's so important about that? Because... when the government sells their oil they get paid in dollars. That's the agreement with America and then those dollars go into the CBI auction and they get converted into dinars. That goes back to the government to pay their bills. But it wasn't. It was going from the CBI auctions to the hands of the corrupt profiteering evil people, the far left of Iraq...The auctions were the problem. Not anymore.
11-5-2024 Intel Guru MarkZ [via PDK] The new slogan “Made in Iraq” This is about what he needs to make a real impact... I do love the conversation going on in Iraq right now and the diversification and it is a nationwide effort.
11-5-2024 Newshound/Intel Guru Walkingstick They used to have 130 trillion dinars in circulation. They tell you now it's 100 trillion dinars...It will be trillions to billions. 130...and now report at 100 trillion is a big clue of the direction of the exchange rate...The 100 trillion dinar they are talking about is the value of the IQD not the number of notes in circulation. The difference is extremely important...The clue is it's going in the right direction of adding purchasing power to the country's currency.
11-5-2024 Newshound Guru Clare Article: "Al-Sudani directs to establish the concept of (Made in Iraq)" Quote: "The Prime Minister pointed the importance of establishing the concept of (Made in Iraq) as it represents a national goal shared by all..."
11-5-2024 Newshound Guru Militia Man They're achieving bonds. They're soaking up money off the street...Here's another sign of the country that is setting the stage for internationalism...they got bonds to get the hoarded money into circulation...That's another very good telling sign that Iraq is just about ready to open her doors...
11-5-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Alaq back in TV talking about stability and security saying Iraq have very low external debt and that's good because high external debt causes low credit rating and it can hurt a country's exchange...Alaq also said to us again the dinar would return to the 'glory days' of the past. FRANK: Doesn't get any better than that. These are the people we want to hear from and these words coming out of their mouth? This is exactly what we want our ears to hear form them.
11-5-2024 Newshound/Intel Guru Walkingstick [Iraq bank friend Aki update] Aki, where is he at? Michigan. What's he doing? Taking care of a bank...Also taking care of over 90 currency centers around Michigan. Why? Because of the Arab population in Michigan. It's massive. It's probably the largest of all the 50 states. That's why Aki has his bank there.
11-5-2024 Newshound Guru Clare Article: "Iraqi Priest Prays for Trump’s Victory: Calls on God to Send a Strong Leader to Protect Persecuted Christians and Bring Peace to the Middle East" Quote "In a heartfelt prayer on the eve of the U.S. presidential election, an Iraqi priest publicly appealed for divine intervention, asking the Lord to bring a strong leader to the United States
—one who would protect persecuted Christians across the globe, particularly in the Middle East."
11-5-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
These exchange centers, they are dealing in dinars right now. What they're doing is taking in the old three zero notes that we citizens have been holding on to for years...and putting that into the electronic platform. We have paper to show us what we have in the bank. It's the new electronic system. FRANK: The reason for it is because those numbers at a flip of a switch will be recalculated with the new exchange rate and credited to the citizens of Iraq...Dinar mattresses...you know very well what this means...The fact that they found a way to bring them in is just fantastic news. This just speeds it up.
11-5-2024 Intel Guru MarkZ [via PDK] “Deputy: Smuggling of oil derivatives has shrunk by 80% in Iraq” This is also about the pending approval of the HCL. It is also about securing the borders. I think it is huge. They are securing the financial borders in Iraq. I was always told this would occur right before the revaluation.
11-5-2024 Newshound/Intel Guru Mnt Goat ...when you go to the bank to exchange the US Treasury is going to fund the initial exchange for the bank. It is all electronic...The US Treasury will own then own dinar. These banks will then turn a profit with the US Treasury for being the broker in the exchange. It will benefit them to collect as much of the 3 zero notes as possible...The US Treasury will keep a certain amount of the three zero notes for inter-banking and global trade with Iraq... Iraq has already guaranteed oil credits at so much a barrel...The US Treasury fully intends to also sell these oil credits at a profit margin to other countries needing the Iraq oil. I have asked my CBI contact multiple times on the fixed credit rate and I got varied amounts from $30 – 35 a barrel. So, it is not like Iraq has to shell out trillions back to the US to cover the cost of the funds for the exchanges...
11-5-2024 Intel Guru MarkZ [via PDK] Question: No matter who wins in the election…do you still think they will release the RV? MarkZ: None of my sources think that this is going to go wrong. They will be waiting for the announcement then RV things are all going to rip forward. So much does seem to be waiting on the outcome of this election. But I continue to hear positive things...Iraq is moving forward with or without this election. They have paved the road and done their due diligence. I very much expect the announcement of Iraq and the WTO full membership ascension no later than sometime in December...
11-5-2024 Intel Guru MarkZ [via PDK] The new slogan “Made in Iraq” This is about what he needs to make a real impact... I do love the conversation going on in Iraq right now and the diversification and it is a nationwide effort.
11-5-2024 Newshound/Intel Guru Walkingstick They used to have 130 trillion dinars in circulation. They tell you now it's 100 trillion dinars...It will be trillions to billions. 130...and now report at 100 trillion is a big clue of the direction of the exchange rate...The 100 trillion dinar they are talking about is the value of the IQD not the number of notes in circulation. The difference is extremely important...The clue is it's going in the right direction of adding purchasing power to the country's currency.
11-5-2024 Newshound Guru Clare Article: "Al-Sudani directs to establish the concept of (Made in Iraq)" Quote: "The Prime Minister pointed the importance of establishing the concept of (Made in Iraq) as it represents a national goal shared by all..."
11-5-2024 Newshound Guru Militia Man They're achieving bonds. They're soaking up money off the street...Here's another sign of the country that is setting the stage for internationalism...they got bonds to get the hoarded money into circulation...That's another very good telling sign that Iraq is just about ready to open her doors...
11-5-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Alaq back in TV talking about stability and security saying Iraq have very low external debt and that's good because high external debt causes low credit rating and it can hurt a country's exchange...Alaq also said to us again the dinar would return to the 'glory days' of the past. FRANK: Doesn't get any better than that. These are the people we want to hear from and these words coming out of their mouth? This is exactly what we want our ears to hear form them.
11-5-2024 Newshound/Intel Guru Walkingstick [Iraq bank friend Aki update] Aki, where is he at? Michigan. What's he doing? Taking care of a bank...Also taking care of over 90 currency centers around Michigan. Why? Because of the Arab population in Michigan. It's massive. It's probably the largest of all the 50 states. That's why Aki has his bank there.
11-5-2024 Newshound Guru Clare Article: "Iraqi Priest Prays for Trump’s Victory: Calls on God to Send a Strong Leader to Protect Persecuted Christians and Bring Peace to the Middle East" Quote "In a heartfelt prayer on the eve of the U.S. presidential election, an Iraqi priest publicly appealed for divine intervention, asking the Lord to bring a strong leader to the United States
—one who would protect persecuted Christians across the globe, particularly in the Middle East."
11-5-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
These exchange centers, they are dealing in dinars right now. What they're doing is taking in the old three zero notes that we citizens have been holding on to for years...and putting that into the electronic platform. We have paper to show us what we have in the bank. It's the new electronic system. FRANK: The reason for it is because those numbers at a flip of a switch will be recalculated with the new exchange rate and credited to the citizens of Iraq...Dinar mattresses...you know very well what this means...The fact that they found a way to bring them in is just fantastic news. This just speeds it up.
11-5-2024 Intel Guru MarkZ [via PDK] “Deputy: Smuggling of oil derivatives has shrunk by 80% in Iraq” This is also about the pending approval of the HCL. It is also about securing the borders. I think it is huge. They are securing the financial borders in Iraq. I was always told this would occur right before the revaluation.
11-5-2024 Newshound/Intel Guru Mnt Goat ...when you go to the bank to exchange the US Treasury is going to fund the initial exchange for the bank. It is all electronic...The US Treasury will own then own dinar. These banks will then turn a profit with the US Treasury for being the broker in the exchange. It will benefit them to collect as much of the 3 zero notes as possible...The US Treasury will keep a certain amount of the three zero notes for inter-banking and global trade with Iraq... Iraq has already guaranteed oil credits at so much a barrel...The US Treasury fully intends to also sell these oil credits at a profit margin to other countries needing the Iraq oil. I have asked my CBI contact multiple times on the fixed credit rate and I got varied amounts from $30 – 35 a barrel. So, it is not like Iraq has to shell out trillions back to the US to cover the cost of the funds for the exchanges...
11-5-2024 Intel Guru MarkZ [via PDK] Question: No matter who wins in the election…do you still think they will release the RV? MarkZ: None of my sources think that this is going to go wrong. They will be waiting for the announcement then RV things are all going to rip forward. So much does seem to be waiting on the outcome of this election. But I continue to hear positive things...Iraq is moving forward with or without this election. They have paved the road and done their due diligence. I very much expect the announcement of Iraq and the WTO full membership ascension no later than sometime in December...
11-4-2024 Newshound Guru Breitling [Iraq] is trying to be part of the international community. What's blocking it is the international community won't invite Iraq in if they got Hezbollah or Hamas in their ranks. We understood from the beginning they had influence from Iran...But if they comply...they can expand their markets. They're simply not doing that.
11-4-2024 Newshound Guru Clare Article: "Shiite faction: Iraqi government will not allow Iran to use its territory to target Israel" Quote: "...The Iraqi government will not allow Iran to use Iraqi territory as a launching pad for any attack targeting Israel...According to the American newspaper, The Wall Street Journal, the Iranian plan for responding to Israel includes stronger warheads and other weapons, and that it may target Israeli military facilities more aggressively than the previous time."
11-4-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Some new financial guru here saying the new hybrid monetary plan will bring more alliance on the dinar instead of the dollar restrictions. Saying it will make the dinar a base currency and a base currency is the main currency in a group of currencies that are traded in the international Forex...He's saying they are going on Forex soon. FRANK: When they talk to you about a base currency, they are trying to tell you your nation will become a financial central hub with many currencies coming in from around the world that will play an important part in the international float of the Iraqi dinar in order to reach the real effective exchange rate. Forex is but one example of how they will do this.
11-4-2024 Intel Guru Wolverine [via Judy Byington] I can tell you with 100% assurance that things are moving. This is our week. One of the seven big leaders of this movement told me this morning that it was happening this week, probably at least by Friday 8 Nov. 2024.
11-4-2024 Newshound/Intel Guru Walkingstick These [new exchange] centers were established because many Iraqi banks inside of Iraq were operating and acting outside of the CBI laws. So Sudani shut them [bad banks] down ...Sudani all of a sudden started to reopen most, if not all, of his banks that he had shut down. Why? Because he controls the monetary reform. Sudani is the boss of the monetary reform with no interference from thievery, profiteering from political people like it always was.
11-4-2024 Intel Guru MarkZ [via PDK] I am still hearing that things may kick off late on Tuesday or early on Wednesday on the RV front.
11-4-2024 Newshound Guru Militia Man They're not using the dinar today yet that we know of on the Forex. But what they're saying is to my understanding is as of the 15th to 18th of October, they're getting ready to use domestic currency to support the exchange rate peg, domestic liquidity management. I hope you guys understand that...because this is pretty powerful stuff coming from the CBI.
11-4-2024 Newshound Guru Henig [See Dearborn Michigan Article from 11-2-2024 below] Article: "Expert: Trump promised voters to end Iranian influence in Iraq. The Iraqi community will decide the elections" Quote: "He said the Iraqi community in Michigan will determine who wins the U.S. election. US affairs expert, Kato Saadallah, revealed a promise from US presidential candidate Donald Trump to his voters to end Iranian influence in Iraq, expecting the Iraqi community to elect him against the other candidate, Kamala Harris, and determine the winner of the elections." [Dinar Guru Note: Regardless who you vote for, cast your vote tomorrow.]
11-4-2024 Intel Guru Frank26 Question: "Are they waiting to see the results of the elections?" No. Nobody gives a ka ka about our elections. They're only worried about themselves. There's nothing our government can do to influence anybody because we have no government, we have no leadership, we have no decision makers.
11-4-2024 Intel Guru MarkZ [via PDK] From a source in the middle east: Sudani has just stated that the “currency transition” should be completed by Victory Day. Victory day is December 10th. This means things will be going right away if it is to be “completed” by that time.
11-4-2024 Newshound Guru Clare Article: "Shiite faction: Iraqi government will not allow Iran to use its territory to target Israel" Quote: "...The Iraqi government will not allow Iran to use Iraqi territory as a launching pad for any attack targeting Israel...According to the American newspaper, The Wall Street Journal, the Iranian plan for responding to Israel includes stronger warheads and other weapons, and that it may target Israeli military facilities more aggressively than the previous time."
11-4-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Some new financial guru here saying the new hybrid monetary plan will bring more alliance on the dinar instead of the dollar restrictions. Saying it will make the dinar a base currency and a base currency is the main currency in a group of currencies that are traded in the international Forex...He's saying they are going on Forex soon. FRANK: When they talk to you about a base currency, they are trying to tell you your nation will become a financial central hub with many currencies coming in from around the world that will play an important part in the international float of the Iraqi dinar in order to reach the real effective exchange rate. Forex is but one example of how they will do this.
11-4-2024 Intel Guru Wolverine [via Judy Byington] I can tell you with 100% assurance that things are moving. This is our week. One of the seven big leaders of this movement told me this morning that it was happening this week, probably at least by Friday 8 Nov. 2024.
11-4-2024 Newshound/Intel Guru Walkingstick These [new exchange] centers were established because many Iraqi banks inside of Iraq were operating and acting outside of the CBI laws. So Sudani shut them [bad banks] down ...Sudani all of a sudden started to reopen most, if not all, of his banks that he had shut down. Why? Because he controls the monetary reform. Sudani is the boss of the monetary reform with no interference from thievery, profiteering from political people like it always was.
11-4-2024 Intel Guru MarkZ [via PDK] I am still hearing that things may kick off late on Tuesday or early on Wednesday on the RV front.
11-4-2024 Newshound Guru Militia Man They're not using the dinar today yet that we know of on the Forex. But what they're saying is to my understanding is as of the 15th to 18th of October, they're getting ready to use domestic currency to support the exchange rate peg, domestic liquidity management. I hope you guys understand that...because this is pretty powerful stuff coming from the CBI.
11-4-2024 Newshound Guru Henig [See Dearborn Michigan Article from 11-2-2024 below] Article: "Expert: Trump promised voters to end Iranian influence in Iraq. The Iraqi community will decide the elections" Quote: "He said the Iraqi community in Michigan will determine who wins the U.S. election. US affairs expert, Kato Saadallah, revealed a promise from US presidential candidate Donald Trump to his voters to end Iranian influence in Iraq, expecting the Iraqi community to elect him against the other candidate, Kamala Harris, and determine the winner of the elections." [Dinar Guru Note: Regardless who you vote for, cast your vote tomorrow.]
11-4-2024 Intel Guru Frank26 Question: "Are they waiting to see the results of the elections?" No. Nobody gives a ka ka about our elections. They're only worried about themselves. There's nothing our government can do to influence anybody because we have no government, we have no leadership, we have no decision makers.
11-4-2024 Intel Guru MarkZ [via PDK] From a source in the middle east: Sudani has just stated that the “currency transition” should be completed by Victory Day. Victory day is December 10th. This means things will be going right away if it is to be “completed” by that time.
11-3-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
CBI governor Alaq on television saying our foreign reserves at 140% above our current issued currency. FRANK: Based on those words, can you just imagine the potential of your next exchange rate?!
11-3-2024 Newshound Guru Militia Man In the eyes of the world, politically, all three presidencies are seated and that's beautiful. That's is really big time. I like that a lot.
11-3-2024 Newshound Guru Samson Article: ”US report: Washington avoids escalation or disruption of the political and economic situation in Iraq"
11-3-2024 Newshound/Intel Guru Walkingstick There are CBI laws and there are banking laws but Sudani is the man in control of the monetary reform. He is in control of the auctions. The auctions now only belong to the government of Iraq. They'll go through the CBI but only for the government of Iraq.
11-3-2024 Intel Guru MarkZ [via PDK] Article: “Sudanese arrives in Turkey on unannounced visit” ...this one is important... this means we are seeing serious progress in the HCL. (Hydro carbon Law) This is a pipeline to Turkey and part of the “Development Road Project”...There is a large portion of oil sales from Iraq will be going out through a pipeline through Turkey. Most of the oil from the Kurdish region of Iraq already goes through Turkey…So this is an important step for the HCL.
11-3-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
On television they're saying the HCL will be approved on or before the end of this year. They're saying the budget investment side also will be revealed before the end of this year. And all that must happen first before the new 2025 budget can go to parliament in early 2025. FRANK: Do you have more confidence in me...? Are you now on my side when I tell you this year not next year? FIREFLY: Yes, we more than understand.
11-3-2024 Guru Nader From The Mid East I read an article about the oil price ...Remember I told you the oil price is $70. It's really wrong...The Chairman of the CBI comes out and says, hey, we need to change the price of oil from $70 to $40 because they know the oil can reach $50 or $60 on the prices. In the budget if you put oil at $70, couple months from now you're losing especially when the war ends...Oil for sure going to go down. The next step on the oil prices will be $40 in the budget. That's very good because they know they're going to change the rate and they want oil price in the budget works with the rate.
11-3-2024 Newshound Guru Clare Article: "Qusay Saddam seized $900 million and loaded it in trucks in 2003 - Central Bank Governor" Quote: "After 2003, we inherited an abnormal situation devoid of any real basis for stability. Our reserves that year were $900 million, and they were seized by Qusay Saddam Hussein and loaded onto a truck. This is documented by dates and numbers.
So we started from scratch. The money supply in circulation was only 4 trillion dinars. Today, the volume in circulation exceeds 100 trillion dinars, and our reserves have exceeded 100 billion dollars."
11-3-2024 Newshound Guru Militia Man They're maintaining control of the general level of pricing, they're controlling inflation, reducing both in the management of monetary mass. Reducing the monetary mass, what does that do? If you take money out of the system, there's less of it...You have more value. They're reducing the money supply. Inflation rate was at 7.5% now it's down about half of that 3.8%. If they reduced inflation by almost 50%, then wouldn't that likely be reasonable to presume that they reduce the monetary mass about the same amount? It sure seems like it.
11-3-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is saying now the currency auctions were a mistake and the dinar should be link to a basket of currencies. They say it's the best thing for our economy. FRANK: This monetary reform education is off the hook isn't it?! They're telling them constantly. It won't stop!
11-3-2024 Intel Guru MarkZ [via PDK] Question: What do you think the rate is going to be Mark. MarkZ: Just a guess…But, I think it could be $3.91.
11-3-2024 Newshound/Intel Guru Mnt Goat Article: "AL-ALAQ: THE VOLUME OF CURRENCY IN CIRCULATION EXCEEDS 100 TRILLION DINARS" Quote: “Today, we have more than 100 trillion dinars in circulation (issued currency), not all of the money supply, and reserves of more than 100 billion dollars, which means that the Central Bank has achieved an important basis for monetary stability,” explaining that “inflation is the basic measure of the Central Bank’s ability to perform its mission and basic function. It is less than 3.8%, which is considered a typical percentage that actually achieves stability and prosperity.”
CBI governor Alaq on television saying our foreign reserves at 140% above our current issued currency. FRANK: Based on those words, can you just imagine the potential of your next exchange rate?!
11-3-2024 Newshound Guru Militia Man In the eyes of the world, politically, all three presidencies are seated and that's beautiful. That's is really big time. I like that a lot.
11-3-2024 Newshound Guru Samson Article: ”US report: Washington avoids escalation or disruption of the political and economic situation in Iraq"
11-3-2024 Newshound/Intel Guru Walkingstick There are CBI laws and there are banking laws but Sudani is the man in control of the monetary reform. He is in control of the auctions. The auctions now only belong to the government of Iraq. They'll go through the CBI but only for the government of Iraq.
11-3-2024 Intel Guru MarkZ [via PDK] Article: “Sudanese arrives in Turkey on unannounced visit” ...this one is important... this means we are seeing serious progress in the HCL. (Hydro carbon Law) This is a pipeline to Turkey and part of the “Development Road Project”...There is a large portion of oil sales from Iraq will be going out through a pipeline through Turkey. Most of the oil from the Kurdish region of Iraq already goes through Turkey…So this is an important step for the HCL.
11-3-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
On television they're saying the HCL will be approved on or before the end of this year. They're saying the budget investment side also will be revealed before the end of this year. And all that must happen first before the new 2025 budget can go to parliament in early 2025. FRANK: Do you have more confidence in me...? Are you now on my side when I tell you this year not next year? FIREFLY: Yes, we more than understand.
11-3-2024 Guru Nader From The Mid East I read an article about the oil price ...Remember I told you the oil price is $70. It's really wrong...The Chairman of the CBI comes out and says, hey, we need to change the price of oil from $70 to $40 because they know the oil can reach $50 or $60 on the prices. In the budget if you put oil at $70, couple months from now you're losing especially when the war ends...Oil for sure going to go down. The next step on the oil prices will be $40 in the budget. That's very good because they know they're going to change the rate and they want oil price in the budget works with the rate.
11-3-2024 Newshound Guru Clare Article: "Qusay Saddam seized $900 million and loaded it in trucks in 2003 - Central Bank Governor" Quote: "After 2003, we inherited an abnormal situation devoid of any real basis for stability. Our reserves that year were $900 million, and they were seized by Qusay Saddam Hussein and loaded onto a truck. This is documented by dates and numbers.
So we started from scratch. The money supply in circulation was only 4 trillion dinars. Today, the volume in circulation exceeds 100 trillion dinars, and our reserves have exceeded 100 billion dollars."
11-3-2024 Newshound Guru Militia Man They're maintaining control of the general level of pricing, they're controlling inflation, reducing both in the management of monetary mass. Reducing the monetary mass, what does that do? If you take money out of the system, there's less of it...You have more value. They're reducing the money supply. Inflation rate was at 7.5% now it's down about half of that 3.8%. If they reduced inflation by almost 50%, then wouldn't that likely be reasonable to presume that they reduce the monetary mass about the same amount? It sure seems like it.
11-3-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is saying now the currency auctions were a mistake and the dinar should be link to a basket of currencies. They say it's the best thing for our economy. FRANK: This monetary reform education is off the hook isn't it?! They're telling them constantly. It won't stop!
11-3-2024 Intel Guru MarkZ [via PDK] Question: What do you think the rate is going to be Mark. MarkZ: Just a guess…But, I think it could be $3.91.
11-3-2024 Newshound/Intel Guru Mnt Goat Article: "AL-ALAQ: THE VOLUME OF CURRENCY IN CIRCULATION EXCEEDS 100 TRILLION DINARS" Quote: “Today, we have more than 100 trillion dinars in circulation (issued currency), not all of the money supply, and reserves of more than 100 billion dollars, which means that the Central Bank has achieved an important basis for monetary stability,” explaining that “inflation is the basic measure of the Central Bank’s ability to perform its mission and basic function. It is less than 3.8%, which is considered a typical percentage that actually achieves stability and prosperity.”
11-2-2024 Intel Guru Frank26 When they give the new exchange rate it will float and reach the real effective exchange rate. The monetary reform education right now is so wonderful...
11-2-2024 Newshound Guru Militia Man The Forex markets are really liquid markets. Iraq is going to have a relationship with that in a not too distant future.
11-2-2024 [In reference Guru Walkingstick's Iraqi Bank manager friend in Dearborn Michigan] AP Article: "Trump meets with Arab Americans in Dearborn, Michigan, but top community leaders skipped the event" Quote: "Donald Trump on Friday met with Arab Americans in Dearborn, Michigan — the nation’s largest Arab-majority city...Metro Detroit is home to the nation’s largest concentration of Arab Americans, with a large chunk of them living in Dearborn."
11-2-2024 Newshound/Intel Guru Walkingstick IMO what's going on with these bank centers, this is another reason why they are sending the citizens of Iraq to these centers right now, in order to learn how to use these currency exchange centers. Brilliant.
11-2-2024 Intel Guru Wolverine [via Judy Byington] I got some wonderful news, and I have spoken to paymasters and bank officials. The green light has been given. We are just about to cross the finish line...The codes have been locked in, authority has been given, and by next week we will be celebrating. We have million percent assurance it is now all coming through... I know everyone has been waiting for their currency notification that should come in with the Grace of God, after the election results on Tuesday 5 Nov...this has come from official channels...
11-2-2024 Intel Guru Frank26 Money exchange buildings...there's 100's of them inside of Iraq...And there's hundreds of them outside of Iraq...There are exchange centers and there are private banks that represent the CBI all over the world...
11-2-2024 Newshound Guru Pimpy I never said it was definitely going to happen one way or the other [Drop the zeros off the currency before they change the rate or after]. What I'm saying to you is be aware that these two things are there because you might wake up one morning, hear the rate changed happened, you're excited but then you find out too that the deletion of the zeros took place.
11-2-2024 Intel Guru MarkZ [via PDK] “Distribution for Iraq’s retirees salaries tomorrow-Sunday” they will be paid for the month ahead. They do have a holiday coming up and wanted to pay ahead of time. What could be another reason to pay them ahead of time? The revaluation of the dinar to lift up the Iraqi people? That’s what I was thinking.
11-2-2024 Newshound Guru Samson Article: "Al-Sudani congratulates Al-Mashhadani: We renew the legal and constitutional commitment to support the supervisory role of the House of Representatives"
11-2-2024 Newshound Guru Militia Man The optics are great for the country because they have all three presidencies in place at this stage. You're going to see some of the language that's going to be used by one of the presidents, now there's three...The new guys has already done a good job. He knows the ropes...His past history dates back a long time...2003/2004 in that ear... It's over, the country has a new Speaker of the House of Representatives. Congratulations to the legitimacy of the government.
11-2-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
We are losing billions daily due to the oil not running into the pipelines into Turkey. That is because we need a rate for the HCL and the real effective exchange rate. FRANK: All we're waiting for is that new exchange rate.
11-2-2024 Newshound/Intel Guru Mnt Goat In an article...“AL-SUDANI SUMMARIZES HIS GOVERNMENT’S ACHIEVEMENTS TWO YEARS AFTER ITS FORMATION“ ...in the two decades of following this RV saga, I have never seen such a progressive prime minister. He is hitting all the reforms we should and are expecting...the currency reform. He has told the population many times already to expect it and its coming soon.
11-2-2024 Intel Guru MarkZ [via PDK] Question: Will redemption center bankers be working this weekend. MarkZ: Two out of 3 told me they will be working this weekend. At least half the weekend. Don’t know if its more preparation to be ready…or if they hope to actually be processing people.
11-1-2024 ***Dinar Guru Newsflash*** Al-Mashadani is the new speaker of the Iraqi parliament. Stay tuned to Dinar Guru as the gurus chime in on what this important milestone means for Iraq and the future of the Iraqi dinar! The latest guru posts continue below...
11-2-2024 Newshound Guru Militia Man The Forex markets are really liquid markets. Iraq is going to have a relationship with that in a not too distant future.
11-2-2024 [In reference Guru Walkingstick's Iraqi Bank manager friend in Dearborn Michigan] AP Article: "Trump meets with Arab Americans in Dearborn, Michigan, but top community leaders skipped the event" Quote: "Donald Trump on Friday met with Arab Americans in Dearborn, Michigan — the nation’s largest Arab-majority city...Metro Detroit is home to the nation’s largest concentration of Arab Americans, with a large chunk of them living in Dearborn."
11-2-2024 Newshound/Intel Guru Walkingstick IMO what's going on with these bank centers, this is another reason why they are sending the citizens of Iraq to these centers right now, in order to learn how to use these currency exchange centers. Brilliant.
11-2-2024 Intel Guru Wolverine [via Judy Byington] I got some wonderful news, and I have spoken to paymasters and bank officials. The green light has been given. We are just about to cross the finish line...The codes have been locked in, authority has been given, and by next week we will be celebrating. We have million percent assurance it is now all coming through... I know everyone has been waiting for their currency notification that should come in with the Grace of God, after the election results on Tuesday 5 Nov...this has come from official channels...
11-2-2024 Intel Guru Frank26 Money exchange buildings...there's 100's of them inside of Iraq...And there's hundreds of them outside of Iraq...There are exchange centers and there are private banks that represent the CBI all over the world...
11-2-2024 Newshound Guru Pimpy I never said it was definitely going to happen one way or the other [Drop the zeros off the currency before they change the rate or after]. What I'm saying to you is be aware that these two things are there because you might wake up one morning, hear the rate changed happened, you're excited but then you find out too that the deletion of the zeros took place.
11-2-2024 Intel Guru MarkZ [via PDK] “Distribution for Iraq’s retirees salaries tomorrow-Sunday” they will be paid for the month ahead. They do have a holiday coming up and wanted to pay ahead of time. What could be another reason to pay them ahead of time? The revaluation of the dinar to lift up the Iraqi people? That’s what I was thinking.
11-2-2024 Newshound Guru Samson Article: "Al-Sudani congratulates Al-Mashhadani: We renew the legal and constitutional commitment to support the supervisory role of the House of Representatives"
11-2-2024 Newshound Guru Militia Man The optics are great for the country because they have all three presidencies in place at this stage. You're going to see some of the language that's going to be used by one of the presidents, now there's three...The new guys has already done a good job. He knows the ropes...His past history dates back a long time...2003/2004 in that ear... It's over, the country has a new Speaker of the House of Representatives. Congratulations to the legitimacy of the government.
11-2-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
We are losing billions daily due to the oil not running into the pipelines into Turkey. That is because we need a rate for the HCL and the real effective exchange rate. FRANK: All we're waiting for is that new exchange rate.
11-2-2024 Newshound/Intel Guru Mnt Goat In an article...“AL-SUDANI SUMMARIZES HIS GOVERNMENT’S ACHIEVEMENTS TWO YEARS AFTER ITS FORMATION“ ...in the two decades of following this RV saga, I have never seen such a progressive prime minister. He is hitting all the reforms we should and are expecting...the currency reform. He has told the population many times already to expect it and its coming soon.
11-2-2024 Intel Guru MarkZ [via PDK] Question: Will redemption center bankers be working this weekend. MarkZ: Two out of 3 told me they will be working this weekend. At least half the weekend. Don’t know if its more preparation to be ready…or if they hope to actually be processing people.
11-1-2024 ***Dinar Guru Newsflash*** Al-Mashadani is the new speaker of the Iraqi parliament. Stay tuned to Dinar Guru as the gurus chime in on what this important milestone means for Iraq and the future of the Iraqi dinar! The latest guru posts continue below...
11-1-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is saying Sudani and Saleh are telling Iraqi citizens our relationship with America needs and will turn to economic and will fade away from a military relationship.
11-1-2024 Newshound Guru Clare Article: "The CEO of the Iraq Stock Exchange has been relieved of his post" Quote: "The market's CEO, Taha Ahmed Abdul Salam, was dismissed from his position today, Thursday...The head of the Securities Commission, Faisal Al-Haimus, was also chosen to replace Abdul Salam."
11-1-2024 Intel Guru MarkZ [via PDK] Question: What do you think the rate is going to be Mark. MarkZ: Just a guess…But, I think it could be $3.91.
11-1-2024 Newshound Guru Militia Man Key point, Iraq has very little external debt based off her income streams, non-oil, oil, she's got a lot of money. $20 billion [external debt] isn't a whole lot of money in comparison to what they have income wise.
11-1-2024 Newshound/Intel Guru Walkingstick [Iraqi Bank Manager Friend Aki Update - Reference Walkingstick's 10-31-2024 Aki update below] It would behoove them to now put the pictures and the explanations of the lower denoms on the bulletin boards at these currency exchange centers. Aki owns 90 of these exchange centers with his conglomerate. You know why? Because it's all about the money. They don't get involved in politics. They don't care about parliament. They don't care about any delays. It's only about the bottom line.
11-1-2024 Intel Guru Frank26 The HCL cannot function at a program rate. That's why they're giving you the scientific interpretation of why they're lifting the three zeros, in order for this to make sense...and work for you Iraqi citizens.
11-1-2024 Intel Guru MarkZ [via PDK] Question: Is Nov our month Mark? MarkZ: ...unfortunately we blew through Oct without it…but Nov. sure looks good. Comment: Others say we get notified anytime after Nov. 6th. MarkZ: That is pretty much what the upper echelon in banking are saying now.
11-1-2024 Newshound Guru Clare Article: "Al-Mashhadani is the new speaker of the Iraqi parliament" Quote: "Mahmoud Daoud Salman Musa Al-Mashhadani (May 20, 1948-), an Iraqi politician and the first speaker of the Iraqi parliament after the US invasion of the country. He chaired the Iraqi Council of Representatives from 2006 to 2009 and was elected again today, October 31, 2024. He was also elected President of the Arab Parliamentary Union in 2008."
11-1-2024 Newshound Guru Samson Article: "Al-Mashhadani is the new speaker of the Iraqi parliament" Quote: "The Iraqi Parliament elected Mahmoud Al-Mashhadani as its Speaker on Thursday evening, after nearly a full year..."
11-1-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy said all branch bank managers have gone through and now completed international service standards in banking reforms as of yesterday morning. FRANK: Why? Because of the float. You have to have a new exchange rate if you're going to float it.
11-1-2024 Intel Guru Bruce [via WiserNow] We know that rates on the redemption center screen are populating, and that means they're going up, and we know that we have fixed rates on the bank screens. The Redemption center screens are what we're going to work off of, and it's going to be, I think the rates themselves will be so good, it'll blow us away - especially the contract rate on the Iraqi dinar. They should offer that to us, not at the banks, but only at the redemption centers.
11-1-2024 Intel Guru MarkZ [via PDK] ...my gut is screaming that under the distraction of this election that the whole world is watching - they are going to pull the trigger… That’s what my gut is saying…I sure hope I’m right this time...
Television is saying Sudani and Saleh are telling Iraqi citizens our relationship with America needs and will turn to economic and will fade away from a military relationship.
11-1-2024 Newshound Guru Clare Article: "The CEO of the Iraq Stock Exchange has been relieved of his post" Quote: "The market's CEO, Taha Ahmed Abdul Salam, was dismissed from his position today, Thursday...The head of the Securities Commission, Faisal Al-Haimus, was also chosen to replace Abdul Salam."
11-1-2024 Intel Guru MarkZ [via PDK] Question: What do you think the rate is going to be Mark. MarkZ: Just a guess…But, I think it could be $3.91.
11-1-2024 Newshound Guru Militia Man Key point, Iraq has very little external debt based off her income streams, non-oil, oil, she's got a lot of money. $20 billion [external debt] isn't a whole lot of money in comparison to what they have income wise.
11-1-2024 Newshound/Intel Guru Walkingstick [Iraqi Bank Manager Friend Aki Update - Reference Walkingstick's 10-31-2024 Aki update below] It would behoove them to now put the pictures and the explanations of the lower denoms on the bulletin boards at these currency exchange centers. Aki owns 90 of these exchange centers with his conglomerate. You know why? Because it's all about the money. They don't get involved in politics. They don't care about parliament. They don't care about any delays. It's only about the bottom line.
11-1-2024 Intel Guru Frank26 The HCL cannot function at a program rate. That's why they're giving you the scientific interpretation of why they're lifting the three zeros, in order for this to make sense...and work for you Iraqi citizens.
11-1-2024 Intel Guru MarkZ [via PDK] Question: Is Nov our month Mark? MarkZ: ...unfortunately we blew through Oct without it…but Nov. sure looks good. Comment: Others say we get notified anytime after Nov. 6th. MarkZ: That is pretty much what the upper echelon in banking are saying now.
11-1-2024 Newshound Guru Clare Article: "Al-Mashhadani is the new speaker of the Iraqi parliament" Quote: "Mahmoud Daoud Salman Musa Al-Mashhadani (May 20, 1948-), an Iraqi politician and the first speaker of the Iraqi parliament after the US invasion of the country. He chaired the Iraqi Council of Representatives from 2006 to 2009 and was elected again today, October 31, 2024. He was also elected President of the Arab Parliamentary Union in 2008."
11-1-2024 Newshound Guru Samson Article: "Al-Mashhadani is the new speaker of the Iraqi parliament" Quote: "The Iraqi Parliament elected Mahmoud Al-Mashhadani as its Speaker on Thursday evening, after nearly a full year..."
11-1-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy said all branch bank managers have gone through and now completed international service standards in banking reforms as of yesterday morning. FRANK: Why? Because of the float. You have to have a new exchange rate if you're going to float it.
11-1-2024 Intel Guru Bruce [via WiserNow] We know that rates on the redemption center screen are populating, and that means they're going up, and we know that we have fixed rates on the bank screens. The Redemption center screens are what we're going to work off of, and it's going to be, I think the rates themselves will be so good, it'll blow us away - especially the contract rate on the Iraqi dinar. They should offer that to us, not at the banks, but only at the redemption centers.
11-1-2024 Intel Guru MarkZ [via PDK] ...my gut is screaming that under the distraction of this election that the whole world is watching - they are going to pull the trigger… That’s what my gut is saying…I sure hope I’m right this time...
10-31-2024 Intel Guru Frank26 They are so so close. Our elections, we're down to what, five days. These five days will be concentrated with so many concluding thoughts. These remaining days of 2024 are so concentrated on the monetary reform policy.
10-31-2024 Newshound Guru Kaperoni Article: "Parliament reveals the secrets of 6 qualitative strikes against currency counterfeiting networks in Iraq"
10-31-2024 Intel Guru RayRen98 SOME SOURCES WANT US TO LOOK AT "TODAY" FOR A POSSIBLE RELEASE. WE SHALL C. SOME BANKS AND 3 LETTERS ARE EXPECTING TO SEE SOME ACTION IN THE MORNING AT OPENING TIME. WE SHALL C. I'M EXPECTING THE "REST" OF MY MIRACLE...ANY DAY NOW!...UH...ANY HOUR NOW WELL, REALLY, IN A FEW HOURS. ♪ ♫ I'M SO EXCITED...AND I JUST CAN'T HIDE IT. I 'M ABOUT TO SEE A "SHO NUFF" RV AND I KNOW I LIKE IT!! ♫ ♪
10-31-2024 Newshound Guru Pimpy We know Iraq relies too much on oil revenues for their money. At one time 96% of their budget relied on oil. I think it's down to 89%. Doesn't sound like a whole lot but that's a major jump for Iraq in the non-oil sector. The more they can get away from relying so much on oil the better off they are. The Development Road Project is going to be a biggie to help them generate a lot more non-oil revenue.
10-31-2024 Intel Guru MarkZ [via PDK] “Hours before the session Sovereignty settles his position and “satisfied” Mushadanl as speaker of Parliament” there is a few more rubber stamps to finish…but we have a new speaker of parliament that has been agreed too. This is a big development in Iraq.
10-31-2024 Newshound/Intel Guru Walkingstick [Iraqi Bank Manager Friend Aki Update] They are about to open many hundreds of ATM exchange enters outside of Iraqi borders. We call them currency exchange centers. Aki owns 90 of these centers. It is not him by himself. Aki is part of a conglomerate. His business partners, there's 18 of them, they own 90 of these 'currency exchange centers' around the world. The exchange centers are under the control of the GOI and CBI. They both control the exchange rate of the Iraqi dinar.
10-31-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
They talked about about the deletion of the zeros project on the television today. FRANK: The monetary reform education is very loud. It's coming to you at an increased speed. So much is being thrown a you to prepare you. Again, I strongly feel this year not next year. I don't want to exaggerate but it's almost to the point that every day they are explaining to you Iraqi citizens why that are lifting the three zeros to give you purchasing power to your currency. This is a dream come true.
10-31-2024 Intel Guru MarkZ [via PDK] This is a fantastic article... “The Governor of the Central Bank reveals important figures on Iraq’s economy and foreign reserves” They go into how much currency in circulation today and how much before it was devalued...Revenues are up massively and they can afford an increase in the valuation. Their financial position is beyond strong.
10-31-2024 Newshound Guru Militia Man Article: "Central Bank governor, foreign reserves exceeded 140% of local currency issues which amounts to about 100 trillion dinars...Iraq's external debt currency amounts to only $20 billion." That's very good...Bottom line is they are moving forward.
10-31-2024 Intel Guru Wolverine [via Judy Byington] Looks like this is it everyone! Tier4b (us, the Internet Group) should be getting notifications for the currencies... Wed. 30 Oct...onwards...All needs to be done before the election...I have been assured all is ready to go...
10-31-2024 Newshound Guru Samson Article: "Central Bank Governor: Foreign reserves exceed 140% of local currency issued"
10-31-2024 Intel Guru Frank26 IMO early this month all banks were told [about the dinar] and that's why now IMO every bank that you go to is now singing a completely different tune because they just realized, oh my goodness there's a lot of Jed Clampetts out there that are about to come into our banks, we got to take care of them...They're employees. They did exactly what their boss told them to say, It's a scam, get out of here. But you know and I know it's not.
10-31-2024 Newshound/Intel Guru Mnt Goat ...the CBI is now also broadcasting the videos they produced by the committee, in which my CBI contact told me earlier this year, were being produced and ready for showing, but back then we were told – not yet. Now they are being shown to the public. Yes, it is time and so yet another clue things are close...If you talk to almost any citizens now in Iraq, they will tell you that they expect this event to happen soon. [Post 2 of 2]
10-31-2024 Newshound/Intel Guru Mnt Goat There is NOT going to any “big lines” or celebrations in Iraq when they revalue in country. The only thing that will happen is that they will go on with life and know they have more purchasing power, but only after the reinstatement happens...They are catching up to the rest of the developed world. Also, you must remember too that the government along with the CBI is constantly now telling the citizens they are going to raise the value of the dinar to the “glory days” of the dinar. [Post 1 of 2....stay tuned]
10-31-2024 Intel Guru Bruce [via WiserNow] ...the good news is, since...this past Sunday, the government of Iraq has paid using the newly revalued dinar back salaries, back pay – we think contractors as well as retirees at the new dinar rate - and They have that in their debit cards that they could see and go into and spend...
10-31-2024 Newshound Guru Kaperoni Article: "Parliament reveals the secrets of 6 qualitative strikes against currency counterfeiting networks in Iraq"
10-31-2024 Intel Guru RayRen98 SOME SOURCES WANT US TO LOOK AT "TODAY" FOR A POSSIBLE RELEASE. WE SHALL C. SOME BANKS AND 3 LETTERS ARE EXPECTING TO SEE SOME ACTION IN THE MORNING AT OPENING TIME. WE SHALL C. I'M EXPECTING THE "REST" OF MY MIRACLE...ANY DAY NOW!...UH...ANY HOUR NOW WELL, REALLY, IN A FEW HOURS. ♪ ♫ I'M SO EXCITED...AND I JUST CAN'T HIDE IT. I 'M ABOUT TO SEE A "SHO NUFF" RV AND I KNOW I LIKE IT!! ♫ ♪
10-31-2024 Newshound Guru Pimpy We know Iraq relies too much on oil revenues for their money. At one time 96% of their budget relied on oil. I think it's down to 89%. Doesn't sound like a whole lot but that's a major jump for Iraq in the non-oil sector. The more they can get away from relying so much on oil the better off they are. The Development Road Project is going to be a biggie to help them generate a lot more non-oil revenue.
10-31-2024 Intel Guru MarkZ [via PDK] “Hours before the session Sovereignty settles his position and “satisfied” Mushadanl as speaker of Parliament” there is a few more rubber stamps to finish…but we have a new speaker of parliament that has been agreed too. This is a big development in Iraq.
10-31-2024 Newshound/Intel Guru Walkingstick [Iraqi Bank Manager Friend Aki Update] They are about to open many hundreds of ATM exchange enters outside of Iraqi borders. We call them currency exchange centers. Aki owns 90 of these centers. It is not him by himself. Aki is part of a conglomerate. His business partners, there's 18 of them, they own 90 of these 'currency exchange centers' around the world. The exchange centers are under the control of the GOI and CBI. They both control the exchange rate of the Iraqi dinar.
10-31-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
They talked about about the deletion of the zeros project on the television today. FRANK: The monetary reform education is very loud. It's coming to you at an increased speed. So much is being thrown a you to prepare you. Again, I strongly feel this year not next year. I don't want to exaggerate but it's almost to the point that every day they are explaining to you Iraqi citizens why that are lifting the three zeros to give you purchasing power to your currency. This is a dream come true.
10-31-2024 Intel Guru MarkZ [via PDK] This is a fantastic article... “The Governor of the Central Bank reveals important figures on Iraq’s economy and foreign reserves” They go into how much currency in circulation today and how much before it was devalued...Revenues are up massively and they can afford an increase in the valuation. Their financial position is beyond strong.
10-31-2024 Newshound Guru Militia Man Article: "Central Bank governor, foreign reserves exceeded 140% of local currency issues which amounts to about 100 trillion dinars...Iraq's external debt currency amounts to only $20 billion." That's very good...Bottom line is they are moving forward.
10-31-2024 Intel Guru Wolverine [via Judy Byington] Looks like this is it everyone! Tier4b (us, the Internet Group) should be getting notifications for the currencies... Wed. 30 Oct...onwards...All needs to be done before the election...I have been assured all is ready to go...
10-31-2024 Newshound Guru Samson Article: "Central Bank Governor: Foreign reserves exceed 140% of local currency issued"
10-31-2024 Intel Guru Frank26 IMO early this month all banks were told [about the dinar] and that's why now IMO every bank that you go to is now singing a completely different tune because they just realized, oh my goodness there's a lot of Jed Clampetts out there that are about to come into our banks, we got to take care of them...They're employees. They did exactly what their boss told them to say, It's a scam, get out of here. But you know and I know it's not.
10-31-2024 Newshound/Intel Guru Mnt Goat ...the CBI is now also broadcasting the videos they produced by the committee, in which my CBI contact told me earlier this year, were being produced and ready for showing, but back then we were told – not yet. Now they are being shown to the public. Yes, it is time and so yet another clue things are close...If you talk to almost any citizens now in Iraq, they will tell you that they expect this event to happen soon. [Post 2 of 2]
10-31-2024 Newshound/Intel Guru Mnt Goat There is NOT going to any “big lines” or celebrations in Iraq when they revalue in country. The only thing that will happen is that they will go on with life and know they have more purchasing power, but only after the reinstatement happens...They are catching up to the rest of the developed world. Also, you must remember too that the government along with the CBI is constantly now telling the citizens they are going to raise the value of the dinar to the “glory days” of the dinar. [Post 1 of 2....stay tuned]
10-31-2024 Intel Guru Bruce [via WiserNow] ...the good news is, since...this past Sunday, the government of Iraq has paid using the newly revalued dinar back salaries, back pay – we think contractors as well as retirees at the new dinar rate - and They have that in their debit cards that they could see and go into and spend...
10-30-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
CBI saying they have plans in place to cancel out the dollar auctions soon because there is still corrupt in these transaction. FRANK: That is correct. Sudani is removing the auctions from the CBI because that's where all the stealing was occurring. The auctions will no longer be in the control of the banks but in control of Sudani of the GOI...Sudani is not playing any more games. You are about to have your purchasing power as he promised you...
10-30-2024 Newshound Guru Pimpy This is my one and only concern. We got freaking elections coming up again. I'm hoping Al- Sudani is out there making his pitch for people to keep him...Sudani has been doing so much changes/reforms making huge change and doing a lot of great things for the Iraq people against the will of the Coordinating Framework. They've been bumping heads.
10-30-2024 Newshound/Intel Guru Mnt Goat Remember about the Cash Center that recently opened to receive the stashes and hordes of dinars. The first point is these were dinars NOT dollars...These are NOT exchange centers. They are simply depositing their hoards of dinars in the bank and putting them into electronic form...They are staying in dinars, NOT U.S. dollars... these centers show us some success of just the beginning stages of the process to delete the zeros. This is part of the process is to collect these stashes of notes. These are not only needed for liquidity in the banks but also to coincide with the shrinking of the monetary mass that is needed to raise the rate of the dinar, when they do pull the trigger on the higher “official” CBI rate in- country.
10-30-2024 Newshound Guru Clare Article: "What does the closure of the Central Bank platform at the end of the year mean? The Association of Banks explains" Quote: "...closing the electronic platform...will not affect businessmen and the market...as they will quickly adapt and the market will return to normal, and the foreign trade process will be enhanced through correspondent accounts...Iraq has 6 banks that have American correspondent banks, and 15 banks that have correspondent accounts with other countries to deal in different currencies."
10-30-2024 Intel Guru Frank26 Anybody that tell you it's a scam, they are a scam! When a bank used to tell us it's a scam, it's because their employees were told to tell you that. They didn't know any better...Now it's a different story...It's amazing. They're now singing a different tune.
10-30-2024 Newshound/Intel Guru Fnu Lnu [Response to Guru Frank26 10-29-2024 Hybrid Monetary Process post below] "Hybrid monetary process" is the usage of two sets of books. This is unlikely because two sets of books is not a "Monetary Process". A monetary process is far more likely to be the coexistence of the new species of lower denominated notes along side the Three Zero notes for a period of 10 years just as Dr. Shabibi said so long ago. It is likely they have just now codified it as they have many other facets of the Shabibi reconstruction plan.
10-30-2024 Intel Guru MarkZ [via PDK] ...My contacts who have been trained in exchanging foreign currencies (specifically the currencies we hold) also work in wealth management. They all know there will be a sudden injection of wealth. They are prepared and ready and just as frustrated and irritated as you and I are.
10-30-2024 Newshound/Intel Guru Walkingstick This base currency they are now teaching the Iraqi citizens about in the hybrid monetary plan is considered the domestic currency which is the IQD. In this case the lower notes that will be coming out. Base currency means the Iraqi dinar it is a first currency in a currency pairing...The IQD will be the dominant currency in Iraq and on the Forex due to its pairing. That step is the float to reach the real effective exchange rate.
10-30-2024 Newshound Guru Militia Man The black market is having pressure put on it now and it's going to cease in the near future. They said by the end of the year. The dollar auctions will be gone anyway. But between now and then they've reduced it. Well over 95% of all transactions are done outside of the black market...The black market is relatively insignificant but it's still affecting the citizens.
10-30-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy [FRANK: Who runs one of the banks in Iraq] said all that is needed at this point is a new rate to push forward the remaining things. The budget has not been released yet but it will be. Then the HCL also needs to be voted and we need the Speaker of the House. All of these things are working together. To see that budget and the HCL we're going to need to see the Real Effective Exchange Rate. FRANK: The Real Effective Exchange Rate will come when it starts to float. That's part two of the 'hybrid monetary reform plan'. Part One is to give you purchasing power. I agree with Mr. Sammy...there are major events that are coming to an intersection that will collide with great force for your new exchange rate and currency.
10-30-2024 Intel Guru MarkZ [via PDK] Question: In your educated opinion Mark will we RV this year? Yes I very much believe we will see the RV this year.
CBI saying they have plans in place to cancel out the dollar auctions soon because there is still corrupt in these transaction. FRANK: That is correct. Sudani is removing the auctions from the CBI because that's where all the stealing was occurring. The auctions will no longer be in the control of the banks but in control of Sudani of the GOI...Sudani is not playing any more games. You are about to have your purchasing power as he promised you...
10-30-2024 Newshound Guru Pimpy This is my one and only concern. We got freaking elections coming up again. I'm hoping Al- Sudani is out there making his pitch for people to keep him...Sudani has been doing so much changes/reforms making huge change and doing a lot of great things for the Iraq people against the will of the Coordinating Framework. They've been bumping heads.
10-30-2024 Newshound/Intel Guru Mnt Goat Remember about the Cash Center that recently opened to receive the stashes and hordes of dinars. The first point is these were dinars NOT dollars...These are NOT exchange centers. They are simply depositing their hoards of dinars in the bank and putting them into electronic form...They are staying in dinars, NOT U.S. dollars... these centers show us some success of just the beginning stages of the process to delete the zeros. This is part of the process is to collect these stashes of notes. These are not only needed for liquidity in the banks but also to coincide with the shrinking of the monetary mass that is needed to raise the rate of the dinar, when they do pull the trigger on the higher “official” CBI rate in- country.
10-30-2024 Newshound Guru Clare Article: "What does the closure of the Central Bank platform at the end of the year mean? The Association of Banks explains" Quote: "...closing the electronic platform...will not affect businessmen and the market...as they will quickly adapt and the market will return to normal, and the foreign trade process will be enhanced through correspondent accounts...Iraq has 6 banks that have American correspondent banks, and 15 banks that have correspondent accounts with other countries to deal in different currencies."
10-30-2024 Intel Guru Frank26 Anybody that tell you it's a scam, they are a scam! When a bank used to tell us it's a scam, it's because their employees were told to tell you that. They didn't know any better...Now it's a different story...It's amazing. They're now singing a different tune.
10-30-2024 Newshound/Intel Guru Fnu Lnu [Response to Guru Frank26 10-29-2024 Hybrid Monetary Process post below] "Hybrid monetary process" is the usage of two sets of books. This is unlikely because two sets of books is not a "Monetary Process". A monetary process is far more likely to be the coexistence of the new species of lower denominated notes along side the Three Zero notes for a period of 10 years just as Dr. Shabibi said so long ago. It is likely they have just now codified it as they have many other facets of the Shabibi reconstruction plan.
10-30-2024 Intel Guru MarkZ [via PDK] ...My contacts who have been trained in exchanging foreign currencies (specifically the currencies we hold) also work in wealth management. They all know there will be a sudden injection of wealth. They are prepared and ready and just as frustrated and irritated as you and I are.
10-30-2024 Newshound/Intel Guru Walkingstick This base currency they are now teaching the Iraqi citizens about in the hybrid monetary plan is considered the domestic currency which is the IQD. In this case the lower notes that will be coming out. Base currency means the Iraqi dinar it is a first currency in a currency pairing...The IQD will be the dominant currency in Iraq and on the Forex due to its pairing. That step is the float to reach the real effective exchange rate.
10-30-2024 Newshound Guru Militia Man The black market is having pressure put on it now and it's going to cease in the near future. They said by the end of the year. The dollar auctions will be gone anyway. But between now and then they've reduced it. Well over 95% of all transactions are done outside of the black market...The black market is relatively insignificant but it's still affecting the citizens.
10-30-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy [FRANK: Who runs one of the banks in Iraq] said all that is needed at this point is a new rate to push forward the remaining things. The budget has not been released yet but it will be. Then the HCL also needs to be voted and we need the Speaker of the House. All of these things are working together. To see that budget and the HCL we're going to need to see the Real Effective Exchange Rate. FRANK: The Real Effective Exchange Rate will come when it starts to float. That's part two of the 'hybrid monetary reform plan'. Part One is to give you purchasing power. I agree with Mr. Sammy...there are major events that are coming to an intersection that will collide with great force for your new exchange rate and currency.
10-30-2024 Intel Guru MarkZ [via PDK] Question: In your educated opinion Mark will we RV this year? Yes I very much believe we will see the RV this year.
10-29-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is saying the dinar has grown in strength locally and that the decline of the dollar market is looking good, saying this is great that the black market is failing, the monetary reform is succeeding and soon to bring forth what was promised. FRANK: Woo! Yes it is great because this is what is needed in order to bring out the new exchange rate. As the dollar drops your currency grows.
10-29-2024 Newshound Guru Militia Man As far as the Hydrocarbon Law is concerned I think we need the financial side of things first. Article 140, they're going to need the financial side done first. I think that's where they're at.
10-29-2024 Intel Guru MarkZ [via PDK] In Iraq: “Full decisions of the cabinet meeting” ...they are getting into the big, heavy decisions they have in front of them. The reforms going on in Iraq are impressive…Why do I point them out? Many are part of their white papers and banking and monetary reforms along with the increase of the purchasing power of the dinar.
10-29-2024 Newshound Guru SkyWalker I was recently asked what rate will the new rate be for the Iraqi dinar after the RV. I explained unless you are on the decision making board for the U.S. Treasury, CBI, and the Iraqi government then it is pointless trying to figure that out. The new rate for the Iraqi dinar will be calculated so Iraq's economy can thrive in the region and globally once the nation goes international.
10-29-2024 Newshound/Intel Guru Mnt Goat Article: "WHAT IS THE TOTAL SPENDING AND PRICE OF A BARREL OF OIL IN THE 2025 BUDGET?" Quote: "...the price of a barrel of oil in the three-year budget, to which the 2025 budget is subject, was set at $70..." Just wanted to reiterate once again that the budget is based on a the prices of a barrel of oil and not the rate of the dinar... They never held up announcing a budget because of the RV.
10-29-2024 Intel Guru MarkZ [via PDK] “The Central bank publishes the controls for declaring funds and their entry or exit from Iraq” one of the things I was always told is that they would secure the borders to restrict flow of cash (specifically dinar) out of the country in the days before the RV. Can only take $10 grand US…and cannot leave the country with more than $1 million dinar. I think this one is important.
10-29-2024 Intel Guru RayRen98 I GOT A CALL LATE LAST NIGHT FROM A 3 LETTER AGENCY GUY...HE WAS EXTREMELY EXCITED...DIDN'T GIVE ME AN EXACT TIME. WE SHALL C!!!
10-29-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy just said don't be surprised to see the notes being exchanged out early to mid-November. FRANK: So do I. FIREFLY: Sammy says they have already started with the new exchange centers...Where they can return the three zero notes. These centers are already open. FRANK: Holy Shit! I didn't know they were turning in their three zero notes! Are they getting credit for those three zero notes to get lower notes? FIREFLY: ...No...They did open all these centers in order for Iraqi citizens to bring in the worn and torn old three zero notes...they replaced them with newer ones. And we're turning in our American dollars. FRANK: They are preparing you Iraqi citizens to receive the lower notes...Call it a precursor.
10-29-2024 Newshound Guru Pimpy Article: "US dollar exchange rate significantly declines in Iraq" That's what you want to see happen. You want the Iraqi dinar to increase in value versus the United States dollar...This is their idea of significantly, it went from 1517.5 dinars for every dollar down to 1497.5 for every dollar...
10-29-2024 Newshound/Intel Guru Walkingstick They are talking to the Iraqi citizens under the umbrella of what they're calling the 'hybrid monetary plan'.
10-29-2024 Newshound Guru Militia Man Iraq is losing billions per month
... Why aren't they pumping oil out of the Ceyhan? I think that's because they need to value the assets...which is oil coming out of the ground...What is going to be the components of that 'base currency' they talk about. What is the base currency they talk about? The Iraq dinar. If it's going to be a base currency what's the real effective exchange rate. And that's those budget tables in 2024. That's what I'm looking for...I think we're going to see them in very short order.
10-29-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV says Iraq has implemented a new hybrid monetary process. FRANK: A second set of book that uses a different exchange rate!
10-29-2024 Intel Guru MarkZ [via PDK] In Iraq: “Approval of the security sector reform Implementation plan in Iraq” This is part of the removal of the UN mission in Iraq. Removing the UN security mission is big news. When that happens there will be a complete 100% sovereign Iraq. We get paid and the Iraq people get paid.
10-29-2024 Newshound/Intel Guru Mnt Goat Article: "REMOVING ZEROS AND REVALUING THE IRAQI DINAR" Yet another article on removing the zeros? We must be getting very close.
Television is saying the dinar has grown in strength locally and that the decline of the dollar market is looking good, saying this is great that the black market is failing, the monetary reform is succeeding and soon to bring forth what was promised. FRANK: Woo! Yes it is great because this is what is needed in order to bring out the new exchange rate. As the dollar drops your currency grows.
10-29-2024 Newshound Guru Militia Man As far as the Hydrocarbon Law is concerned I think we need the financial side of things first. Article 140, they're going to need the financial side done first. I think that's where they're at.
10-29-2024 Intel Guru MarkZ [via PDK] In Iraq: “Full decisions of the cabinet meeting” ...they are getting into the big, heavy decisions they have in front of them. The reforms going on in Iraq are impressive…Why do I point them out? Many are part of their white papers and banking and monetary reforms along with the increase of the purchasing power of the dinar.
10-29-2024 Newshound Guru SkyWalker I was recently asked what rate will the new rate be for the Iraqi dinar after the RV. I explained unless you are on the decision making board for the U.S. Treasury, CBI, and the Iraqi government then it is pointless trying to figure that out. The new rate for the Iraqi dinar will be calculated so Iraq's economy can thrive in the region and globally once the nation goes international.
10-29-2024 Newshound/Intel Guru Mnt Goat Article: "WHAT IS THE TOTAL SPENDING AND PRICE OF A BARREL OF OIL IN THE 2025 BUDGET?" Quote: "...the price of a barrel of oil in the three-year budget, to which the 2025 budget is subject, was set at $70..." Just wanted to reiterate once again that the budget is based on a the prices of a barrel of oil and not the rate of the dinar... They never held up announcing a budget because of the RV.
10-29-2024 Intel Guru MarkZ [via PDK] “The Central bank publishes the controls for declaring funds and their entry or exit from Iraq” one of the things I was always told is that they would secure the borders to restrict flow of cash (specifically dinar) out of the country in the days before the RV. Can only take $10 grand US…and cannot leave the country with more than $1 million dinar. I think this one is important.
10-29-2024 Intel Guru RayRen98 I GOT A CALL LATE LAST NIGHT FROM A 3 LETTER AGENCY GUY...HE WAS EXTREMELY EXCITED...DIDN'T GIVE ME AN EXACT TIME. WE SHALL C!!!
10-29-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy just said don't be surprised to see the notes being exchanged out early to mid-November. FRANK: So do I. FIREFLY: Sammy says they have already started with the new exchange centers...Where they can return the three zero notes. These centers are already open. FRANK: Holy Shit! I didn't know they were turning in their three zero notes! Are they getting credit for those three zero notes to get lower notes? FIREFLY: ...No...They did open all these centers in order for Iraqi citizens to bring in the worn and torn old three zero notes...they replaced them with newer ones. And we're turning in our American dollars. FRANK: They are preparing you Iraqi citizens to receive the lower notes...Call it a precursor.
10-29-2024 Newshound Guru Pimpy Article: "US dollar exchange rate significantly declines in Iraq" That's what you want to see happen. You want the Iraqi dinar to increase in value versus the United States dollar...This is their idea of significantly, it went from 1517.5 dinars for every dollar down to 1497.5 for every dollar...
10-29-2024 Newshound/Intel Guru Walkingstick They are talking to the Iraqi citizens under the umbrella of what they're calling the 'hybrid monetary plan'.
10-29-2024 Newshound Guru Militia Man Iraq is losing billions per month
... Why aren't they pumping oil out of the Ceyhan? I think that's because they need to value the assets...which is oil coming out of the ground...What is going to be the components of that 'base currency' they talk about. What is the base currency they talk about? The Iraq dinar. If it's going to be a base currency what's the real effective exchange rate. And that's those budget tables in 2024. That's what I'm looking for...I think we're going to see them in very short order.
10-29-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV says Iraq has implemented a new hybrid monetary process. FRANK: A second set of book that uses a different exchange rate!
10-29-2024 Intel Guru MarkZ [via PDK] In Iraq: “Approval of the security sector reform Implementation plan in Iraq” This is part of the removal of the UN mission in Iraq. Removing the UN security mission is big news. When that happens there will be a complete 100% sovereign Iraq. We get paid and the Iraq people get paid.
10-29-2024 Newshound/Intel Guru Mnt Goat Article: "REMOVING ZEROS AND REVALUING THE IRAQI DINAR" Yet another article on removing the zeros? We must be getting very close.
10-28-2024 Intel Guru Frank26 The second part of the Monetary Reform will allow your currency [the Iraqi dinar] to float on an international platform where it will grow to the Real Effective Exchange Rate...This is all part of the monetary reform process Dr. Shabibi wanted.
10-28-2024 Intel Guru MarkZ [via PDK] Question: You think we will still get this over with before November 1st? MarkZ: I am not ruling out October as our month…but with only 3 days left…November looks more realistic.
10-28-2024 Newshound Guru Militia Man You haven't seen the investment side of the 2024 budget. That's where everybody should be paying attention. If you own dinar you should be paying attention...They haven't exposed the 2024 investment side of the budget. Why? In my view it's exchange rate oriented... They need the exchange rate so they have the final accounts...
10-28-2024 Newshound Guru Clare Article: "Planning: Census operations will continue for two weeks starting from November 20" Quote: "The Ministry of Planning confirmed today, Friday, that the date for conducting the census on November 20 is fixed and unchanged, while it indicated that its operations will continue for two weeks until December 3, 2024."
10-28-2024 Newshound Guru Samson Article: "Financial expert to Nina: Iraq must take several steps to transform its economy from a rentier to a multi-revenue economy"
10-28-2024 Guru Nader From The Mid East Let me tell you something about trading the dinar - We already start trading the dinar with other countries. Now I can take the dinar to anywhere in the Middle East or North Africa and exchange it. In American, Canada Australia, Europe I cannot yet.
10-28-2024 Intel Guru MarkZ [via PDK] We should know this afternoon if what we are hoping for has happened...I have great hopes that a lot happened over the weekend. Bankers usually check in at 2 or 3 pm once they get out of morning meetings.
10-28-2024 Newshound/Intel Guru Walkingstick In the past corrupt executives and parliament people used to take advantage of the banks and the money exchange centers in the black market. Both of these issues are gone...
10-28-2024 Newshound Guru Pimpy With all the gold and all the foreign reserve assets have been built up, they're able to protect the dinar value which is a huge step for Iraq. Which is what any investor coming into Iraq wants to know. They're worried about fluctuations in the exchange rate and now Iraq gets to say, look we got 150 tons of gold we got $115 billion in foreign reserve currencies. They have the ability of protecting the Iraqi dinar from any crazy fluctuations or any kind of speculation attack against Iraqi dinar.
10-28-2024 Intel Guru Frank26 It's no secret! When was the last time you had some bank person tell you, 'Oh, it's a scam?' They don't say it anymore do they.
10-28-2024 Newshound Guru Militia Man Article: "Bold step changes the liquidity map in Iraq" Quote: "The Central Bank of Iraq decided to reduce the internet rate and activate securities...Analysts expect an increase in reliance on the Iraqi dinar as a base currency...It's expected the activation of a new dinar instrument will contribute to enhancing local liquidity..." A base currency is going to make you guys really excited. What is a base currency? Base currency is the first currency in a pair of currencies being traded in the Forex Exchange Market. The second currency is called the quote or counter currency ...They're talking about it's not the US dollar that the base currency. It's going to be the Iraqi dinar...I'm really pumped and excited...! If that doesn't tell you these guys are gearing to go international I don't know what does... Powerful information!
10-28-2024 Newshound/Intel Guru Mnt Goat ...the agreements and paperwork are all nearly completed to set the reinstatement in motion. But...we know this is not going to happen until the CBI is ready. The CBI is not ready until they first secure the banks, the stock market, provide security (insurance) and then begin rebuilding the economy...I must mention this too as it is a factor. They will not be ready until the US Treasury and the Federal Reserve gives them the green light.
10-28-2024 Intel Guru MarkZ [via PDK] Question: You think we will still get this over with before November 1st? MarkZ: I am not ruling out October as our month…but with only 3 days left…November looks more realistic.
10-28-2024 Newshound Guru Militia Man You haven't seen the investment side of the 2024 budget. That's where everybody should be paying attention. If you own dinar you should be paying attention...They haven't exposed the 2024 investment side of the budget. Why? In my view it's exchange rate oriented... They need the exchange rate so they have the final accounts...
10-28-2024 Newshound Guru Clare Article: "Planning: Census operations will continue for two weeks starting from November 20" Quote: "The Ministry of Planning confirmed today, Friday, that the date for conducting the census on November 20 is fixed and unchanged, while it indicated that its operations will continue for two weeks until December 3, 2024."
10-28-2024 Newshound Guru Samson Article: "Financial expert to Nina: Iraq must take several steps to transform its economy from a rentier to a multi-revenue economy"
10-28-2024 Guru Nader From The Mid East Let me tell you something about trading the dinar - We already start trading the dinar with other countries. Now I can take the dinar to anywhere in the Middle East or North Africa and exchange it. In American, Canada Australia, Europe I cannot yet.
10-28-2024 Intel Guru MarkZ [via PDK] We should know this afternoon if what we are hoping for has happened...I have great hopes that a lot happened over the weekend. Bankers usually check in at 2 or 3 pm once they get out of morning meetings.
10-28-2024 Newshound/Intel Guru Walkingstick In the past corrupt executives and parliament people used to take advantage of the banks and the money exchange centers in the black market. Both of these issues are gone...
10-28-2024 Newshound Guru Pimpy With all the gold and all the foreign reserve assets have been built up, they're able to protect the dinar value which is a huge step for Iraq. Which is what any investor coming into Iraq wants to know. They're worried about fluctuations in the exchange rate and now Iraq gets to say, look we got 150 tons of gold we got $115 billion in foreign reserve currencies. They have the ability of protecting the Iraqi dinar from any crazy fluctuations or any kind of speculation attack against Iraqi dinar.
10-28-2024 Intel Guru Frank26 It's no secret! When was the last time you had some bank person tell you, 'Oh, it's a scam?' They don't say it anymore do they.
10-28-2024 Newshound Guru Militia Man Article: "Bold step changes the liquidity map in Iraq" Quote: "The Central Bank of Iraq decided to reduce the internet rate and activate securities...Analysts expect an increase in reliance on the Iraqi dinar as a base currency...It's expected the activation of a new dinar instrument will contribute to enhancing local liquidity..." A base currency is going to make you guys really excited. What is a base currency? Base currency is the first currency in a pair of currencies being traded in the Forex Exchange Market. The second currency is called the quote or counter currency ...They're talking about it's not the US dollar that the base currency. It's going to be the Iraqi dinar...I'm really pumped and excited...! If that doesn't tell you these guys are gearing to go international I don't know what does... Powerful information!
10-28-2024 Newshound/Intel Guru Mnt Goat ...the agreements and paperwork are all nearly completed to set the reinstatement in motion. But...we know this is not going to happen until the CBI is ready. The CBI is not ready until they first secure the banks, the stock market, provide security (insurance) and then begin rebuilding the economy...I must mention this too as it is a factor. They will not be ready until the US Treasury and the Federal Reserve gives them the green light.
10-27-2024 Intel Guru Frank26 The specialized courses that are being taught to these people to run these exchange centers so that the [Iraqi] citizens can go and trade in their 3 zero notes, it's done. It's the only reason why they're telling you about it...It's not a secret.
10-27-2024 Newshound Guru Clare Article: "Al-Sari: The population census guarantees fair distribution of wealth and parliamentary representation of the governorates"
10-27-2024 Newshound Guru Pimpy The deletion of the zeros...if they do it that way [zeros dropped BEFORE the rate change] it's going to be the redenomination. They're going to announce a new type of currency, new bank notes without the zeros on there before they make the change in the exchange rate. If it happens that way. We all have the same dinars. We're all crossing our fingers and hoping the exchange rate takes place first before any type of redenomination.
10-27-2024 Newshound Guru Harlequinc3 [Response to Clare Interest Rate Article below] Are you kidding me?! Woot-woot! Expansionary, here we come. I'll help you with that inflation, fellas, and how!
10-27-2024 Newshound Guru Samson Article: " 'International Reconstruction' reveals the completion of the first designs for the Iraqi Development Road Project"
10-27-2024 Intel Guru Frank26 Sudani cleaned up the swamp. All of a sudden all of the banks that were stealing the Iraqi dinar, American dollar and profiteering illegally...he cleaned it all up. I told you we needed the CBI floor to be so spotless that you could eat off of the floor. The United States Treasury is on the second floor of the new CBI building. It's spotless. All the bank that [were stealing] have been shut down. All the political parties that had power in the media and in the banking structure of Iraq are slowly being whittled away.
10-27-2024 Newshound Guru Clare Article: " 'Hybrid Monetary Policy'.. Al-Sudani's Advisor Reveals the Central Bank's New Step" Quote: "The Central Bank began...on October 24, to reduce the monetary policy interest rate...by about 200 percentage points, by lowering the interest at which the Central Bank deals with banks from 7.5% to 5.5%, which means...an expansionary policy in targeting the money supply...Despite the above...new policy did not neglect the importance of continuing to control local liquidity levels and carrying out high sterilization operations, by offering debt instruments called Islamic certificates of deposit...which are considered sovereign debts that can be mortgaged or discounted in the secondary market and are excellent debts...with a return of 4% for a period of 14 days and a return of 5.5% for a period of 182 days."
10-27-2024 Guru Nader From The Mid East Now we can pay with the Iraqi dinar anywhere in the world. From Iraq I can pay people over here [United States]...For now it's 1310 but I can send you $500. I'm talking about business, I'm not talking about person to person. I'm talking about business. Before we're not allowed to do that...
10-27-2024 Newshound/Intel Guru Mnt Goat ...the media is constantly broadcasting commercials about how the swap out will work. Then the news media from Iraq tells us about the “cash center” that recently opened in Karkh. It is used solely for the intake of the three zero dinar notes or dollars. Folks they are already sucking in the three zero notes...So in reality, unofficially, the process of deleting the zeros has already begun. Yes, it is underway according to my CBI contact. [post 2 of 2]
10-27-2024 Newshound/Intel Guru Mnt Goat We have been...told by my CBI contact on the committee that we should expect to see the ramped-up Project to Delete the Zeros sometime soon after the U.S. election period is over sometime in November. This period of time through December will begin the process for the swap out with the newer lower denominations. To me this also means about a 1:1 at par rate of the IQD with the US dollar. But remember this is IN-COUNTRY only. Also remember these actions ALWAYS have dependencies. Nothing is a guarantee! I want to make this VERY CLEAR to you today. [Post 1 of 2....stay tuned]
10-27-2024 Newshound Guru Pimpy [Lifting restrictions on currency exchange in Iraq] You understand if they lift these restriction they're talking about the amount of liquidity that's going to come into Iraq? Liquidity has always been an issue for them but now this would be a big deal for them. This would be huge. A lot of liquidity would come into Iraq. It'll really strengthen the Iraqi dinar. I mean hardcore.
10-27-2024 Intel Guru MarkZ [via PDK] I want to highlight this one. “Why fluctuate in the exchange rate of the US dollar” It occurred to me that these type of articles started appearing before the Kuwaiti Revaluation. Of course back then I had friends serving in the military that were stationed there at that time. So I was getting regular updates from Kuwait. I...followed it to see if they were right. One day they post articles that everything is stable…the next day they publish articles saying things are unsettled and fluctuating…They keep publishing conflicting articles to keep us off-balance. This is important and exactly what we saw before Kuwait revalued.
10-27-2024 Newshound Guru Clare Article: "Al-Sari: The population census guarantees fair distribution of wealth and parliamentary representation of the governorates"
10-27-2024 Newshound Guru Pimpy The deletion of the zeros...if they do it that way [zeros dropped BEFORE the rate change] it's going to be the redenomination. They're going to announce a new type of currency, new bank notes without the zeros on there before they make the change in the exchange rate. If it happens that way. We all have the same dinars. We're all crossing our fingers and hoping the exchange rate takes place first before any type of redenomination.
10-27-2024 Newshound Guru Harlequinc3 [Response to Clare Interest Rate Article below] Are you kidding me?! Woot-woot! Expansionary, here we come. I'll help you with that inflation, fellas, and how!
10-27-2024 Newshound Guru Samson Article: " 'International Reconstruction' reveals the completion of the first designs for the Iraqi Development Road Project"
10-27-2024 Intel Guru Frank26 Sudani cleaned up the swamp. All of a sudden all of the banks that were stealing the Iraqi dinar, American dollar and profiteering illegally...he cleaned it all up. I told you we needed the CBI floor to be so spotless that you could eat off of the floor. The United States Treasury is on the second floor of the new CBI building. It's spotless. All the bank that [were stealing] have been shut down. All the political parties that had power in the media and in the banking structure of Iraq are slowly being whittled away.
10-27-2024 Newshound Guru Clare Article: " 'Hybrid Monetary Policy'.. Al-Sudani's Advisor Reveals the Central Bank's New Step" Quote: "The Central Bank began...on October 24, to reduce the monetary policy interest rate...by about 200 percentage points, by lowering the interest at which the Central Bank deals with banks from 7.5% to 5.5%, which means...an expansionary policy in targeting the money supply...Despite the above...new policy did not neglect the importance of continuing to control local liquidity levels and carrying out high sterilization operations, by offering debt instruments called Islamic certificates of deposit...which are considered sovereign debts that can be mortgaged or discounted in the secondary market and are excellent debts...with a return of 4% for a period of 14 days and a return of 5.5% for a period of 182 days."
10-27-2024 Guru Nader From The Mid East Now we can pay with the Iraqi dinar anywhere in the world. From Iraq I can pay people over here [United States]...For now it's 1310 but I can send you $500. I'm talking about business, I'm not talking about person to person. I'm talking about business. Before we're not allowed to do that...
10-27-2024 Newshound/Intel Guru Mnt Goat ...the media is constantly broadcasting commercials about how the swap out will work. Then the news media from Iraq tells us about the “cash center” that recently opened in Karkh. It is used solely for the intake of the three zero dinar notes or dollars. Folks they are already sucking in the three zero notes...So in reality, unofficially, the process of deleting the zeros has already begun. Yes, it is underway according to my CBI contact. [post 2 of 2]
10-27-2024 Newshound/Intel Guru Mnt Goat We have been...told by my CBI contact on the committee that we should expect to see the ramped-up Project to Delete the Zeros sometime soon after the U.S. election period is over sometime in November. This period of time through December will begin the process for the swap out with the newer lower denominations. To me this also means about a 1:1 at par rate of the IQD with the US dollar. But remember this is IN-COUNTRY only. Also remember these actions ALWAYS have dependencies. Nothing is a guarantee! I want to make this VERY CLEAR to you today. [Post 1 of 2....stay tuned]
10-27-2024 Newshound Guru Pimpy [Lifting restrictions on currency exchange in Iraq] You understand if they lift these restriction they're talking about the amount of liquidity that's going to come into Iraq? Liquidity has always been an issue for them but now this would be a big deal for them. This would be huge. A lot of liquidity would come into Iraq. It'll really strengthen the Iraqi dinar. I mean hardcore.
10-27-2024 Intel Guru MarkZ [via PDK] I want to highlight this one. “Why fluctuate in the exchange rate of the US dollar” It occurred to me that these type of articles started appearing before the Kuwaiti Revaluation. Of course back then I had friends serving in the military that were stationed there at that time. So I was getting regular updates from Kuwait. I...followed it to see if they were right. One day they post articles that everything is stable…the next day they publish articles saying things are unsettled and fluctuating…They keep publishing conflicting articles to keep us off-balance. This is important and exactly what we saw before Kuwait revalued.
10-26-2024 Newshound Guru Pimpy Iraq without a doubt is trudging forward but now here we go. We go election season coming up. We really have to cross our fingers and see what happens because the people that get in office really do make a huge difference on what's going to happen in the future.
10-26-2024 Intel Guru Frank26 Question: "If all the banks know and have dinars, when they exchange will there be anybody to serve us?" Yes and that's a good point. The upper echelon of the banks, even they are just finding out. But IMO no bank officer is allowed to buy dinars...
10-26-2024 Newshound Guru Samson Article: "Calls to accelerate 2025 budget and boost non-oil revenues"
10-26-2024 Newshound Guru Clare Article: "The Central Bank of Iraq decides to reduce interest to 5.5% in order to support economic growth" Quote: "The Central Bank of Iraq decided to reduce the interest rate from 7.5% to 5.5%, after the inflation rate decreased in Iraq"
10-26-2024 Intel Guru MarkZ [via PDK] ...[Guru] Nader talked about that on Tuesday the IQD popped up at .1094… We are starting to see those fluctuations regularly on forex etc. to give you an idea of what he saw. Your one million IQD would have gone from about $800 to about $14,000 just like that!! This is enormous but nothing compared to what we hope and expect…but, it is clear they are testing and priming that system. [NOTE: See Guru Nader's and Guru Pimpy's individual posts below about what they saw...]
10-26-2024 Newshound Guru Pimpy [Reference Guru Nader post below] It [The dinar on Forex] went from 1320 to 745 for every dollar so that's 54% increase in value. Woo! Man that's really good. It's not where everybody wants to be but still a nice jump in value. It's looking good. I really think it's looking good. I just try to keep people grounded...There is weird activity. Nobody really knows what it means but that is one hell of a jump, a 54% increase in value...I don't know what's going on...It is exciting because this is right on the heels of the information...that they're lifting restrictions [on foreign exchange in Iraq] and then all of a sudden this happens. This is like one day apart...All of a sudden next day there's a spike. Could be something, could be nothing...Everybody knows it's close so it's hard not to get excited.
10-26-2024 Intel Guru Wolverine [via Judy Byington] The private contractors have seen their letters of confirmation that they will get paid this coming week. That is a million percent confirmed. The biggest news is that the biggest Whale in the RV got paid and went home to start the process to help humanity...he is a good friend of mine, and when that news came through, I started crying... I also, will be jumping in with them to help with their humanitarian projects...I will be flying out soon, but cannot tell you where. When I get the green light, you will not hear from me again, but the opera [RV?] will come before that happens.
10-26-2024 Newshound Guru Militia Man Article says, "Why is the US dollar exchange rate fluctuating? [Central Bank advisor] says most traders who obtain the US dollar at the official price from the central bank, they sell their goods at the black market price as well as the lack of global correspondent banks..." The black market becomes part of the issue...The black market harms the economy.
10-26-2024 Intel Guru Frank26 The fact that we now have security and stability is so extremely exciting...The Iraqi citizens don't have their 'cancer' anymore.
10-26-2024 Intel Guru Nader From The Mid East Monday night (Tuesday Morning) I was in bed and I received a phone call around 2 o'clock in the morning over here in the States. They go like, hey Nader you go on Forex and watch what's happening in Forex...I go to Forex and I see this spike. Boom. Big spike. This first time since 20 years I see it...I look at it and it's missing one zero. Instead of three zeros is only two zeros...I'm there looking at it. I'm not believing myself what I'm seeing and I see it going down too, back to .00076 ...For me they begin to do it. They're testing it. They testing it late night or early morning over there just to see how it's going to work out...If you go to google, type in Iraqi dinar exchange rate. Click 5d (last five days view). If you go there you see it loss it's zero and it's .0014 instead of .0076 ... [Note: See the spike on the chart from a few days ago by clicking here to view on Google ]
10-26-2024 Intel Guru Bruce [via WiserNow] We've seen rates on the dinar, on forex, which is a very good rate, just a hair under 20, that is going to be the bank screen, front screen rate - so the redemption center rate should be higher than that. And I told you guys they are supposed to offer us the contract rate on dinar at the redemption center, and that's going to end up being over five times what it is on the bank screens.
10-26-2024 Intel Guru MarkZ [via PDK] Article: “MP (Member of Parliament) It is not possible to pass the 2025 budget without sending the final accounts from the last two years” This is a big one. Along with the HCl…it looks like we will soon be getting the revaluation we are looking for.
10-26-2024 Intel Guru Frank26 Question: "If all the banks know and have dinars, when they exchange will there be anybody to serve us?" Yes and that's a good point. The upper echelon of the banks, even they are just finding out. But IMO no bank officer is allowed to buy dinars...
10-26-2024 Newshound Guru Samson Article: "Calls to accelerate 2025 budget and boost non-oil revenues"
10-26-2024 Newshound Guru Clare Article: "The Central Bank of Iraq decides to reduce interest to 5.5% in order to support economic growth" Quote: "The Central Bank of Iraq decided to reduce the interest rate from 7.5% to 5.5%, after the inflation rate decreased in Iraq"
10-26-2024 Intel Guru MarkZ [via PDK] ...[Guru] Nader talked about that on Tuesday the IQD popped up at .1094… We are starting to see those fluctuations regularly on forex etc. to give you an idea of what he saw. Your one million IQD would have gone from about $800 to about $14,000 just like that!! This is enormous but nothing compared to what we hope and expect…but, it is clear they are testing and priming that system. [NOTE: See Guru Nader's and Guru Pimpy's individual posts below about what they saw...]
10-26-2024 Newshound Guru Pimpy [Reference Guru Nader post below] It [The dinar on Forex] went from 1320 to 745 for every dollar so that's 54% increase in value. Woo! Man that's really good. It's not where everybody wants to be but still a nice jump in value. It's looking good. I really think it's looking good. I just try to keep people grounded...There is weird activity. Nobody really knows what it means but that is one hell of a jump, a 54% increase in value...I don't know what's going on...It is exciting because this is right on the heels of the information...that they're lifting restrictions [on foreign exchange in Iraq] and then all of a sudden this happens. This is like one day apart...All of a sudden next day there's a spike. Could be something, could be nothing...Everybody knows it's close so it's hard not to get excited.
10-26-2024 Intel Guru Wolverine [via Judy Byington] The private contractors have seen their letters of confirmation that they will get paid this coming week. That is a million percent confirmed. The biggest news is that the biggest Whale in the RV got paid and went home to start the process to help humanity...he is a good friend of mine, and when that news came through, I started crying... I also, will be jumping in with them to help with their humanitarian projects...I will be flying out soon, but cannot tell you where. When I get the green light, you will not hear from me again, but the opera [RV?] will come before that happens.
10-26-2024 Newshound Guru Militia Man Article says, "Why is the US dollar exchange rate fluctuating? [Central Bank advisor] says most traders who obtain the US dollar at the official price from the central bank, they sell their goods at the black market price as well as the lack of global correspondent banks..." The black market becomes part of the issue...The black market harms the economy.
10-26-2024 Intel Guru Frank26 The fact that we now have security and stability is so extremely exciting...The Iraqi citizens don't have their 'cancer' anymore.
10-26-2024 Intel Guru Nader From The Mid East Monday night (Tuesday Morning) I was in bed and I received a phone call around 2 o'clock in the morning over here in the States. They go like, hey Nader you go on Forex and watch what's happening in Forex...I go to Forex and I see this spike. Boom. Big spike. This first time since 20 years I see it...I look at it and it's missing one zero. Instead of three zeros is only two zeros...I'm there looking at it. I'm not believing myself what I'm seeing and I see it going down too, back to .00076 ...For me they begin to do it. They're testing it. They testing it late night or early morning over there just to see how it's going to work out...If you go to google, type in Iraqi dinar exchange rate. Click 5d (last five days view). If you go there you see it loss it's zero and it's .0014 instead of .0076 ... [Note: See the spike on the chart from a few days ago by clicking here to view on Google ]
10-26-2024 Intel Guru Bruce [via WiserNow] We've seen rates on the dinar, on forex, which is a very good rate, just a hair under 20, that is going to be the bank screen, front screen rate - so the redemption center rate should be higher than that. And I told you guys they are supposed to offer us the contract rate on dinar at the redemption center, and that's going to end up being over five times what it is on the bank screens.
10-26-2024 Intel Guru MarkZ [via PDK] Article: “MP (Member of Parliament) It is not possible to pass the 2025 budget without sending the final accounts from the last two years” This is a big one. Along with the HCl…it looks like we will soon be getting the revaluation we are looking for.
10-25-2024 Intel Guru Frank26 All of these [American US] banks have been flat out lying to us and saying it's a scam. But now that they have been updated IMO...the canary is singing a new tune. It's no longer a scam.
10-25-2024 Newshound Guru Sandy Ingram The 2024 BRICS Summit is happening in Russia right now. The news coming out of the summit is that there doesn't look like the there's going to be a currency developed by the BRICS organization. More on that upcoming [soon]...
10-25-2024 Intel Guru Bruce [via WiserNow] ...the information that we're getting about our start in tier four is based on us being notified...And setting our appointments and exchanges over the weekend...we're going to get this, this weekend. That's what we're getting from people that are, in the know, with Treasury, people that are helping get the RV put together...we are literally hours to a day or two away. At least that’s the last information we have today...
10-25-2024 Newshound Guru Clare Article: "Waiting to be sent.. Oil and Gas Law on the Government Discussion Table" Quote: "Member of the Parliamentary Oil, Gas and Resources Committee, Kazem Al-Tawki, confirmed today, Thursday, that the draft oil and gas law is awaiting approval within the Council of Ministers, indicating that the joint committees between the federal government and the regional government are continuing their work to decide on the law."
10-25-2024 Newshound Guru Samson Article: "Establishment of the 'Iraqi Money Changers Syndicate' in Baghdad.. and Al-Taie as its President"
10-25-2024 Intel Guru MarkZ [via PDK] Article: “Waiting to be sent: Oil and Gas law on Government Debate Table” finally some news on the HCL. They are working on it to send it for a vote. I am hearing there is a possibility of a vote on Sunday. I am keeping a eye on it.
10-25-2024 Newshound Guru Militia Man Article quote: "It must be noted here that the availability of foreign exchange reserves for the central bank exceeded $100 billion and a gold reserve exceeding 143 tons confirms the Iraqi dinar will recover and that it is strong." They're reiterating what Sudani has said numerous times, the dinar will be stronger than the dollar...1310 is not strong in comparison to the dollar. It's .0007643. That is very cheap. That's sub-penny...It's going to change IMO.
10-25-2024 Newshound Guru Pimpy Community Comment: "Iraq just got licensed for foreign currency exchange." Back in 2004 they were licensed for this but there was a shitload of restrictions...A lot of those restrictions are being lifted. This is really good news for the Iraqi dinar...If being on the SWIFT system is the 'football game', this step right here is you're in the warmup before the game. It's really good news. That's something Iraq needed. They'll warm up a little bit with this...This is going to bring a lot of liquidity into the country. What they're telling people is Iraq is getting ready to step in and start becoming a big player with the big dogs.
10-25-2024 Intel Guru Frank26 Do you think we have security and stability? ...You get up in the morning and that's all you smell in Iraq is Security and stability...That's why you have these Bank Centers opening up left and right...This is brilliant and it's beautiful.
10-25-2024 Newshound/Intel Guru Mnt Goat Article: "I WANT TO SPREAD AWARENESS ABOUT ELECTRONIC PAYMENT? READY TO USE IT?” ...we can interpret these electronic debit cards as yet another move by Iraq to open up to the rest of the world...yet another move out of the sanctioned - mode that Iraq has been in just occurred. Thus they are joining the world stage again but bigger and better this time...
10-25-2024 Intel Guru MarkZ [via PDK] I am hearing from Iraq that the HCL law may be voted on this weekend. Hope its true.
10-25-2024 Intel Guru Wolverine [via Judy Byington] ...I have been assured we will be paid this week and it will be a blissful month...
10-25-2024 Newshound Guru Sandy Ingram The 2024 BRICS Summit is happening in Russia right now. The news coming out of the summit is that there doesn't look like the there's going to be a currency developed by the BRICS organization. More on that upcoming [soon]...
10-25-2024 Intel Guru Bruce [via WiserNow] ...the information that we're getting about our start in tier four is based on us being notified...And setting our appointments and exchanges over the weekend...we're going to get this, this weekend. That's what we're getting from people that are, in the know, with Treasury, people that are helping get the RV put together...we are literally hours to a day or two away. At least that’s the last information we have today...
10-25-2024 Newshound Guru Clare Article: "Waiting to be sent.. Oil and Gas Law on the Government Discussion Table" Quote: "Member of the Parliamentary Oil, Gas and Resources Committee, Kazem Al-Tawki, confirmed today, Thursday, that the draft oil and gas law is awaiting approval within the Council of Ministers, indicating that the joint committees between the federal government and the regional government are continuing their work to decide on the law."
10-25-2024 Newshound Guru Samson Article: "Establishment of the 'Iraqi Money Changers Syndicate' in Baghdad.. and Al-Taie as its President"
10-25-2024 Intel Guru MarkZ [via PDK] Article: “Waiting to be sent: Oil and Gas law on Government Debate Table” finally some news on the HCL. They are working on it to send it for a vote. I am hearing there is a possibility of a vote on Sunday. I am keeping a eye on it.
10-25-2024 Newshound Guru Militia Man Article quote: "It must be noted here that the availability of foreign exchange reserves for the central bank exceeded $100 billion and a gold reserve exceeding 143 tons confirms the Iraqi dinar will recover and that it is strong." They're reiterating what Sudani has said numerous times, the dinar will be stronger than the dollar...1310 is not strong in comparison to the dollar. It's .0007643. That is very cheap. That's sub-penny...It's going to change IMO.
10-25-2024 Newshound Guru Pimpy Community Comment: "Iraq just got licensed for foreign currency exchange." Back in 2004 they were licensed for this but there was a shitload of restrictions...A lot of those restrictions are being lifted. This is really good news for the Iraqi dinar...If being on the SWIFT system is the 'football game', this step right here is you're in the warmup before the game. It's really good news. That's something Iraq needed. They'll warm up a little bit with this...This is going to bring a lot of liquidity into the country. What they're telling people is Iraq is getting ready to step in and start becoming a big player with the big dogs.
10-25-2024 Intel Guru Frank26 Do you think we have security and stability? ...You get up in the morning and that's all you smell in Iraq is Security and stability...That's why you have these Bank Centers opening up left and right...This is brilliant and it's beautiful.
10-25-2024 Newshound/Intel Guru Mnt Goat Article: "I WANT TO SPREAD AWARENESS ABOUT ELECTRONIC PAYMENT? READY TO USE IT?” ...we can interpret these electronic debit cards as yet another move by Iraq to open up to the rest of the world...yet another move out of the sanctioned - mode that Iraq has been in just occurred. Thus they are joining the world stage again but bigger and better this time...
10-25-2024 Intel Guru MarkZ [via PDK] I am hearing from Iraq that the HCL law may be voted on this weekend. Hope its true.
10-25-2024 Intel Guru Wolverine [via Judy Byington] ...I have been assured we will be paid this week and it will be a blissful month...
10-24-2024 Intel Guru Frank26 The new cash deposit centers [in Iraq], their job is to separate the new lower notes from the 3 zero notes that you [Iraqi citizens] are going to return...then you'll go to the ATMs or the banks to receive the lower notes, either physical or electronically.
10-24-2024 Newshound Guru Samson Article: “Oil and Gas Law Returns to the Forefront... Basra MPs Demand End to the Governorate's 'Injustice' "
10-24-2024 Newshound/Intel Guru Mnt Goat Article: "I WANT TO SPREAD AWARENESS ABOUT ELECTRONIC PAYMENT? READY TO USE IT?” ...we read from this article that ONLY now are the banks finally issuing these debit cards that can be used globally, such as in the U.S...Yes, they are finally being released...Yes, it is time for them now...the rate is determined at the bank, when the transaction goes through at the bank when the card is used...NO rate on the card...The rate is controlled by the currency exchange or the CBI (official rate) whichever one they are linked to.
10-24-2024 Newshound Guru SkyWalker An objective of the [delete the zeros] project is simply collecting three zero notes and replacing them with lower denomination notes. It serves two purposes (1). removes the three zero printed on the notes which increases the nominal value on the note itself (2). through supply and demand the value of the currency can be manipulated by the CBI. Therefore, nominal value is first increased in country and (REER) will allow the dinar to have value outside the country.
10-24-2024 Intel Guru MarkZ [via PDK] Based on what I am hearing...I would expect, guess, believe - IMO that between now and Nov. 6th we will be seeing different rates and doing some banking. There is a really good chance based on what we are hearing right now.
10-24-2024 Newshound Guru Militia Man I'm surprised we to date have yet to see Alaq at a podium telling everybody and the people their new Real Effective Exchange Rate they can be proud of. He has not done that yet. Is that an expectation? I think so. I think it really should be expected.
10-24-2024 Newshound/Intel Guru Walkingstick Sudani is slowly allowing banks to be relicensed again but he's bringing in these currency exchange centers as well. When he relicenses a bank, he will have full control of that bank. When he brings in these money exchange centers/banks he will have full control of them also. Sudani and the CBI watch every process of the monetary reform... They will be giving a percentage to these centers and banks of the volume they will be bringing in. It is a symbiotic relationship where they will both benefit...
10-24-2024 Newshound Guru Clare Article: "Removing zeros and revaluing the Iraqi dinar" Quote: "...The term redenomination, or as it is called (removing zeros from the currency). Countries usually resort to it to address rampant inflation and the decline in the value of the local currency, as the old currency is replaced with a new currency at a fixed price by removing at least 3 zeros from the old currency. Currency revaluation becomes necessary when it comes to hyperinflation because it takes a very large number of old banknotes to facilitate trade...An example of this is what happened in 2006 when Zimbabwe renamed its currency at a rate of (1000 old Zimbabwe dollars) for a new Zimbabwe dollar...Renaming the currency is a complex decision that requires a comprehensive study..."
10-24-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh on TV saying a new monetary and financial system that allows acceptance of the international and stability of the currency is imminent. FRANK: That would be because they are releasing a new exchange rate.
10-24-2024 Intel Guru MarkZ [via PDK] ...articles on the exchange rate are sounding so much like what we saw in Kuwait. “Deletion of zeros and revaluation of Iraqi dinars” ...this article talks about what is involved and why they need stability ...And they have ticked almost every single one of the things needed to revalue. There are open conversations going on in Iraq talking about the changing of the value of the dinar and the deletion of the zeros.
10-24-2024 Intel Guru Bruce [via WiserNow] ...we were told...that this is definitely the week, and that individual was a member of the new United States Treasury...I believe that that's a good a good assessment of where we are...so I'm very excited about where we finally are in this quest...
10-24-2024 Newshound Guru Samson Article: “Oil and Gas Law Returns to the Forefront... Basra MPs Demand End to the Governorate's 'Injustice' "
10-24-2024 Newshound/Intel Guru Mnt Goat Article: "I WANT TO SPREAD AWARENESS ABOUT ELECTRONIC PAYMENT? READY TO USE IT?” ...we read from this article that ONLY now are the banks finally issuing these debit cards that can be used globally, such as in the U.S...Yes, they are finally being released...Yes, it is time for them now...the rate is determined at the bank, when the transaction goes through at the bank when the card is used...NO rate on the card...The rate is controlled by the currency exchange or the CBI (official rate) whichever one they are linked to.
10-24-2024 Newshound Guru SkyWalker An objective of the [delete the zeros] project is simply collecting three zero notes and replacing them with lower denomination notes. It serves two purposes (1). removes the three zero printed on the notes which increases the nominal value on the note itself (2). through supply and demand the value of the currency can be manipulated by the CBI. Therefore, nominal value is first increased in country and (REER) will allow the dinar to have value outside the country.
10-24-2024 Intel Guru MarkZ [via PDK] Based on what I am hearing...I would expect, guess, believe - IMO that between now and Nov. 6th we will be seeing different rates and doing some banking. There is a really good chance based on what we are hearing right now.
10-24-2024 Newshound Guru Militia Man I'm surprised we to date have yet to see Alaq at a podium telling everybody and the people their new Real Effective Exchange Rate they can be proud of. He has not done that yet. Is that an expectation? I think so. I think it really should be expected.
10-24-2024 Newshound/Intel Guru Walkingstick Sudani is slowly allowing banks to be relicensed again but he's bringing in these currency exchange centers as well. When he relicenses a bank, he will have full control of that bank. When he brings in these money exchange centers/banks he will have full control of them also. Sudani and the CBI watch every process of the monetary reform... They will be giving a percentage to these centers and banks of the volume they will be bringing in. It is a symbiotic relationship where they will both benefit...
10-24-2024 Newshound Guru Clare Article: "Removing zeros and revaluing the Iraqi dinar" Quote: "...The term redenomination, or as it is called (removing zeros from the currency). Countries usually resort to it to address rampant inflation and the decline in the value of the local currency, as the old currency is replaced with a new currency at a fixed price by removing at least 3 zeros from the old currency. Currency revaluation becomes necessary when it comes to hyperinflation because it takes a very large number of old banknotes to facilitate trade...An example of this is what happened in 2006 when Zimbabwe renamed its currency at a rate of (1000 old Zimbabwe dollars) for a new Zimbabwe dollar...Renaming the currency is a complex decision that requires a comprehensive study..."
10-24-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh on TV saying a new monetary and financial system that allows acceptance of the international and stability of the currency is imminent. FRANK: That would be because they are releasing a new exchange rate.
10-24-2024 Intel Guru MarkZ [via PDK] ...articles on the exchange rate are sounding so much like what we saw in Kuwait. “Deletion of zeros and revaluation of Iraqi dinars” ...this article talks about what is involved and why they need stability ...And they have ticked almost every single one of the things needed to revalue. There are open conversations going on in Iraq talking about the changing of the value of the dinar and the deletion of the zeros.
10-24-2024 Intel Guru Bruce [via WiserNow] ...we were told...that this is definitely the week, and that individual was a member of the new United States Treasury...I believe that that's a good a good assessment of where we are...so I'm very excited about where we finally are in this quest...
10-23-2024 Newshound Guru Samson Article: "Parliamentary Oil Committee expects to approve the Oil and Gas Law during the current parliamentary session"
10-23-2024 Newshound Guru Militia Man I believe they will show and expose the Real Effective Exchange Rate to the currency and there will be a period of time they're going to monitor and adjust...Doesn't matter what the exchange rate is...they have to make adjustments...Things change in societies and cultures.
10-23-2024 Intel Guru Frank26 IMO once you see the HCL you will see the new exchange rate. They have to go hand in hand the same way your lower notes need a new exchange rate. They also have to go hand in hand.
10-23-2024 Newshound Guru Clare Article: "International Development Bank achieves a net profit of 74.4 billion dinars" Quote "30 billion dinars profits of the Regional Commercial Bank until the third quarter"
10-23-2024 Guest Guru SkyWalker Article Flashback: “Abdul Hussein al-Yasiri, a member of the Iraqi parliamentary Finance Committee...2014 will witness the deletion of zeros from the Iraqi currency. He noted that the deletion will occur in coordination with the CBI, and that as a result of the project, the number of banknotes in circulation will be reduced from 4 billion to 1 billion.” Opening of cash centers as planned is another method to reduce the note count as stated in this past delete the zeros article snippet.
10-23-2024 Newshound/Intel Guru Walkingstick Question: "Don't you love these bank centers [opening in Iraq]?" The corrupt were &^%$ing the Iraqi people for many decades. But now the government, Sudani, along with the CBI, have their banks under control. These centers will be paid a percentage for every account that is opened, for every zero note that is brought in...to have total control over the monetary reform process.
10-23-2024 Intel Guru MarkZ [via PDK] Comment: From Mnt Goat: The IQD rate on the QFS is $3.96 [Reference Mnt Goat post below 10-23-2024]!! MarkZ: That is well within the range that I am expecting to see.
10-23-2024 Newshound Guru Samson Article: "Iraq exports goods to China worth about $30 billion in just 9 months"
10-23-2024 Newshound Guru Militia Man The reconstruction of a war torn country is massive...If you've been invested in this for a long period of time and done your research you know back in World War II we had Germany, Japan, what happened to those countries? They got destroyed, sadly, but...they build them back to powerhouses. Iraq's going to be another powerhouse...The Development Road is going to support that. It's going to be huge.
10-23-2024 Intel Guru Frank26 What did Dr. Sabibi want in order to bring forth the new exchange rate for the Iraqi dinar to remove the three zeros sanctioned program rate? Stability and Security...Banks were still being nasty...They were still selling dollars under the table at a ridiculous exchange rate...Isn't what Jesus was mad about were the money exchangers ripping off the innocent people? Yeah, that's what I'm mad about because it has delayed my investment. But no more. Do you agree Sudani has control of his banks? He shut down over 100...and bringing in these centers that he is controlling with Alaq from Central Bank of Iraq.
10-23-2024 Intel Guru MarkZ [via PDK] “Iraq Trade Bank opens a new branch in Baghdad” The Iraqi Trade Bank‘s goal is to expand into other incomes outside of oil revenue…and loans for those businesses. This is part of the deep commitment Iraq has given to diversify its economy so it can justify a higher rate. It’s all in their white papers.
10-23-2024 Newshound/Intel Guru Mnt Goat We must remember that the RV is not an event by itself that will just happen someday but it is a byproduct of the reforms...It can not happen without the reforms and one of the reforms (besides all the banking, insurance and stock market reforms) is the currency reform. The Project to Delete the Zeros will begin the final stage...if these strategies are completed the likelihood of seeing the IQD on FOREX again is extremely high. I believe it is inevitable...When it is time, it will be on FOREX and with the kind of rate we all anticipate. Today the IQD rate in the Quantum Financial System (QFS) is $3.96. When they decide to allow the IQD back on the exchanges, the rate will be mapped over to the exchanges from the QFS.
10-23-2024 Newshound Guru Militia Man I believe they will show and expose the Real Effective Exchange Rate to the currency and there will be a period of time they're going to monitor and adjust...Doesn't matter what the exchange rate is...they have to make adjustments...Things change in societies and cultures.
10-23-2024 Intel Guru Frank26 IMO once you see the HCL you will see the new exchange rate. They have to go hand in hand the same way your lower notes need a new exchange rate. They also have to go hand in hand.
10-23-2024 Newshound Guru Clare Article: "International Development Bank achieves a net profit of 74.4 billion dinars" Quote "30 billion dinars profits of the Regional Commercial Bank until the third quarter"
10-23-2024 Guest Guru SkyWalker Article Flashback: “Abdul Hussein al-Yasiri, a member of the Iraqi parliamentary Finance Committee...2014 will witness the deletion of zeros from the Iraqi currency. He noted that the deletion will occur in coordination with the CBI, and that as a result of the project, the number of banknotes in circulation will be reduced from 4 billion to 1 billion.” Opening of cash centers as planned is another method to reduce the note count as stated in this past delete the zeros article snippet.
10-23-2024 Newshound/Intel Guru Walkingstick Question: "Don't you love these bank centers [opening in Iraq]?" The corrupt were &^%$ing the Iraqi people for many decades. But now the government, Sudani, along with the CBI, have their banks under control. These centers will be paid a percentage for every account that is opened, for every zero note that is brought in...to have total control over the monetary reform process.
10-23-2024 Intel Guru MarkZ [via PDK] Comment: From Mnt Goat: The IQD rate on the QFS is $3.96 [Reference Mnt Goat post below 10-23-2024]!! MarkZ: That is well within the range that I am expecting to see.
10-23-2024 Newshound Guru Samson Article: "Iraq exports goods to China worth about $30 billion in just 9 months"
10-23-2024 Newshound Guru Militia Man The reconstruction of a war torn country is massive...If you've been invested in this for a long period of time and done your research you know back in World War II we had Germany, Japan, what happened to those countries? They got destroyed, sadly, but...they build them back to powerhouses. Iraq's going to be another powerhouse...The Development Road is going to support that. It's going to be huge.
10-23-2024 Intel Guru Frank26 What did Dr. Sabibi want in order to bring forth the new exchange rate for the Iraqi dinar to remove the three zeros sanctioned program rate? Stability and Security...Banks were still being nasty...They were still selling dollars under the table at a ridiculous exchange rate...Isn't what Jesus was mad about were the money exchangers ripping off the innocent people? Yeah, that's what I'm mad about because it has delayed my investment. But no more. Do you agree Sudani has control of his banks? He shut down over 100...and bringing in these centers that he is controlling with Alaq from Central Bank of Iraq.
10-23-2024 Intel Guru MarkZ [via PDK] “Iraq Trade Bank opens a new branch in Baghdad” The Iraqi Trade Bank‘s goal is to expand into other incomes outside of oil revenue…and loans for those businesses. This is part of the deep commitment Iraq has given to diversify its economy so it can justify a higher rate. It’s all in their white papers.
10-23-2024 Newshound/Intel Guru Mnt Goat We must remember that the RV is not an event by itself that will just happen someday but it is a byproduct of the reforms...It can not happen without the reforms and one of the reforms (besides all the banking, insurance and stock market reforms) is the currency reform. The Project to Delete the Zeros will begin the final stage...if these strategies are completed the likelihood of seeing the IQD on FOREX again is extremely high. I believe it is inevitable...When it is time, it will be on FOREX and with the kind of rate we all anticipate. Today the IQD rate in the Quantum Financial System (QFS) is $3.96. When they decide to allow the IQD back on the exchanges, the rate will be mapped over to the exchanges from the QFS.
10-22-2024 Newshound Guru Samson Article: “Parliamentary Finance: The government is working on preparing the basics of the 2025 general budget to present it to the House of Representatives"
10-22-2024 Newshound Guru Militia Man Taking a country to international level is going to be a major major deal. It's going to take a lot of time still but they're going to have to get started. They're going to have to go international to get it going.
10-22-2024 Intel Guru MarkZ [via PDK] “Dollar falls slightly in Baghdad Stock Exchange and exchange” This is showing us stronger stability which is something Dr. Shabibi wanted before a new value.
10-22-2024 Intel Guru Frank26 I'm using Chase. There are many other banks you can use that exchange foreign currency, it's not just Chase. I use Chase because...their partner JP Morgan. You see Chase Bank is not going to exchange the currency for you. No, they don't have that type of capital. Their partners JP Morgan will exchange the Iraqi dinar for you...
10-22-2024 Newshound Guru Clare Article: "Al-Sudani: $100 billion is the size of investment opportunities in Iraq" Quote: "Iraqi Prime Minister Mohammed Shia al-Sudani confirmed that the investment opportunities available in Iraq exceeded $100 billion in value, pointing to the expansion of economic cooperation between Iraq and Egypt."
10-22-2024 Newshound Guru Pimpy Article: "Credit Bank of Iraq achieves a profit of 20.4 billion dinars" This article is definitely a very good one for those of us who are invested in the Iraqi Stock Exchange...I only anticipate the bank stocks going up more and more...They might be some of the fastest growing stocks in Iraq. The reason for that is because they keep expanding on the banks, putting them through reform...All that's going to do is drive up the value of the stocks...
10-22-2024 Intel Guru MarkZ [via PDK] In Iraq "Parliamentary Finance sets the date for the 2025 budget to reach parliament” Very early next year. This is curious to me but think they may be avoiding releasing it until after they have the rate change and exchanges…so strangely enough this fits in very well to what I am hearing. That they need to get the rate change done soon. They need to change rates and do everything they need to do before approving that budget.
10-22-2024 Newshound Guru Sandy Ingram [Reference Guru Sandy's WTO post from 3-22-2024 below] What is the WTO and why does it matter? The World Trade Organization is an international group that helps countries trade with each other fairly and efficiently. Joining the World Trade Organization will help Iraq grow its economy by making it easier to buy and sell good with other countries.
10-22-2024 Intel Guru Wolverine [via Judy Byington] It’s coming this week. That’s all I’m allowed to say.
10-22-2024 Newshound Guru Samson Article: "Al-Sari: The population census guarantees fair distribution of wealth and parliamentary representation of the governorates"
10-22-2024 Newshound Guru Militia Man This is October 2024 and they still have yet to expose the 2024 investment side of the budget, yet they're talking about the 2025 budget now. [The 2024 budget] adjusted amendments haven't been published in the Gazette just yet. Hopefully they'll expose that at any time.
10-22-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy [Iraqi bank manager friend] wants you to know one of the things they strongly talk about is that currency flotation, and stop the currency auctions, it will be a big solution to help end the black market. FRANK: The currency flotation will be big to end the black market because the CBI auctions, let's say that would be to the left, but no more. That road to the left has been shut down...So which way can it go? Only to the right. What is to the right? An international float. If it has an international float it's going to go up in value because everybody's going to use it buying, selling, trading with the currency adds value as it goes into the float.
10-22-2024 Intel Guru MarkZ [via PDK] “Iraq to build longest submerged tunnel in the Middle East” Iraq is boosting trade routes and becoming a hub…they are going to be able to greatly increase oil exports.
10-22-2024 Newshound/Intel Guru Mnt Goat Article: "IRAQ INCREASES RESERVES AT IMF BY 50%" Quotes: "A meeting of the Iraqi Cabinet this evening approved an increase in Iraq’s quota at the International Monetary Fund (IMF) by 831.9 million Special Drawing Rights (SDR), equivalent to 1.45 trillion Iraqi dinars [$1.1 billion] based on the exchange rate as of October 8, 2024."; "SDRs represent a weighted basket of major international currencies, and can be held as part of a country’s foreign exchange reserves. Adding SDRs to a country’s international reserves makes it more resilient financially." Iraq could not be granted SDRs unless it was member of the IMF. Did they move to Article 8 already? That is the question we seek. I believe they have with this sizable SDR...
10-22-2024 Newshound Guru Militia Man Taking a country to international level is going to be a major major deal. It's going to take a lot of time still but they're going to have to get started. They're going to have to go international to get it going.
10-22-2024 Intel Guru MarkZ [via PDK] “Dollar falls slightly in Baghdad Stock Exchange and exchange” This is showing us stronger stability which is something Dr. Shabibi wanted before a new value.
10-22-2024 Intel Guru Frank26 I'm using Chase. There are many other banks you can use that exchange foreign currency, it's not just Chase. I use Chase because...their partner JP Morgan. You see Chase Bank is not going to exchange the currency for you. No, they don't have that type of capital. Their partners JP Morgan will exchange the Iraqi dinar for you...
10-22-2024 Newshound Guru Clare Article: "Al-Sudani: $100 billion is the size of investment opportunities in Iraq" Quote: "Iraqi Prime Minister Mohammed Shia al-Sudani confirmed that the investment opportunities available in Iraq exceeded $100 billion in value, pointing to the expansion of economic cooperation between Iraq and Egypt."
10-22-2024 Newshound Guru Pimpy Article: "Credit Bank of Iraq achieves a profit of 20.4 billion dinars" This article is definitely a very good one for those of us who are invested in the Iraqi Stock Exchange...I only anticipate the bank stocks going up more and more...They might be some of the fastest growing stocks in Iraq. The reason for that is because they keep expanding on the banks, putting them through reform...All that's going to do is drive up the value of the stocks...
10-22-2024 Intel Guru MarkZ [via PDK] In Iraq "Parliamentary Finance sets the date for the 2025 budget to reach parliament” Very early next year. This is curious to me but think they may be avoiding releasing it until after they have the rate change and exchanges…so strangely enough this fits in very well to what I am hearing. That they need to get the rate change done soon. They need to change rates and do everything they need to do before approving that budget.
10-22-2024 Newshound Guru Sandy Ingram [Reference Guru Sandy's WTO post from 3-22-2024 below] What is the WTO and why does it matter? The World Trade Organization is an international group that helps countries trade with each other fairly and efficiently. Joining the World Trade Organization will help Iraq grow its economy by making it easier to buy and sell good with other countries.
10-22-2024 Intel Guru Wolverine [via Judy Byington] It’s coming this week. That’s all I’m allowed to say.
10-22-2024 Newshound Guru Samson Article: "Al-Sari: The population census guarantees fair distribution of wealth and parliamentary representation of the governorates"
10-22-2024 Newshound Guru Militia Man This is October 2024 and they still have yet to expose the 2024 investment side of the budget, yet they're talking about the 2025 budget now. [The 2024 budget] adjusted amendments haven't been published in the Gazette just yet. Hopefully they'll expose that at any time.
10-22-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy [Iraqi bank manager friend] wants you to know one of the things they strongly talk about is that currency flotation, and stop the currency auctions, it will be a big solution to help end the black market. FRANK: The currency flotation will be big to end the black market because the CBI auctions, let's say that would be to the left, but no more. That road to the left has been shut down...So which way can it go? Only to the right. What is to the right? An international float. If it has an international float it's going to go up in value because everybody's going to use it buying, selling, trading with the currency adds value as it goes into the float.
10-22-2024 Intel Guru MarkZ [via PDK] “Iraq to build longest submerged tunnel in the Middle East” Iraq is boosting trade routes and becoming a hub…they are going to be able to greatly increase oil exports.
10-22-2024 Newshound/Intel Guru Mnt Goat Article: "IRAQ INCREASES RESERVES AT IMF BY 50%" Quotes: "A meeting of the Iraqi Cabinet this evening approved an increase in Iraq’s quota at the International Monetary Fund (IMF) by 831.9 million Special Drawing Rights (SDR), equivalent to 1.45 trillion Iraqi dinars [$1.1 billion] based on the exchange rate as of October 8, 2024."; "SDRs represent a weighted basket of major international currencies, and can be held as part of a country’s foreign exchange reserves. Adding SDRs to a country’s international reserves makes it more resilient financially." Iraq could not be granted SDRs unless it was member of the IMF. Did they move to Article 8 already? That is the question we seek. I believe they have with this sizable SDR...
10-21-2024 Intel Guru Frank26 I'm expecting an announcement this year not next year.
10-21-2024 Intel Guru MarkZ [via PDK] “Salaries will be delayed: Fundamental changes coming to the Iraqi money and financial system” Some are worried about the budget deficit. This is another reason we need the dinar value changed - to erase that.
10-21-2024 Newshound Guru Militia Man They're preparing because they're going to have much of [the three zero currency] they weren't able to get off the street back coming into the banks. But what are they going to need for those folks that held that money...? The project to delete the zeros is going to bring value. It's going to bring purchasing power...
10-21-2024 Newshound Guru Samson Article: ”China dominates the Iraqi market: exports exceed $65 billion in 2024!" Quote: "Chinese Customs Authority indicates that China continues to strengthen its economic dominance in Iraq..."
10-21-2024 Newshound Guru Clare Article: "Planning: The percentage of completion of operations related to the population census exceeded 90 percent" Quote: "the work will be completed before the end of this month, with the exception of the three governorates of the Kurdistan Region (Erbil, Sulaymaniyah, Dohuk), in which work was delayed for technical reasons, noting that "the completion rate has reached more than 90 percent..."
10-21-2024 Newshound Guru Sandy Ingram Here's why joining the World Trade Organization is so important. The WTO can open the door to new business opportunities, attract more investments, and create jobs. It's a major step towards boosting Iraq's economy and connecting with the world. Iraq's Trade Minister...just announced Iraq is back at the negotiating table working towards becoming a member of the WTO... [I'll] keep you updated on Iraq's WTO progress...
10-21-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV says the recommendations for Ernst and Young about banking reforms will be approved by the council of Ministers to proceed with the banking reforms. FRANK: Ernst and Young are playing a very important part in the Monetary Reform process with the CBI and United States Treasury. Their involvement is very deep. To see this report from them once again tells me we are running out of time...
10-21-2024 Intel Guru Wolverine [via Judy Byington] It’s all happening this week...One of the World’s most noted Whales has just been called in to fly to a certain destination. This is about to kick off. It looks like groups are getting ready now...I’m so emotional now that I wish I could tell you more but it’s looking really good for this week. My sources say everything is going this week. I have absolute faith we will go this week.
10-21-2024 Newshound Guru Samson Article: "Blinken in the Middle East next Tuesday" Quote: "US Secretary of State Anthony Blinken will arrive in the Middle East next Tuesday, on a new tour"
10-21-2024 Newshound Guru Militia Man You have Al-Sudani calling on the House of Representatives to vote in their president. The optics of them having 3 presidencies available all at the same time when/if...they revalue their currency is a pretty big deal. The optics would really look good globally. You got a strong foundation...security and stability at the borders... knocking on the door of the WTO...the TIR contract they signed days ago...international agreements. Everything is gearing up for what? Iraq going international.
10-21-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy wants you to know the opening of these cash deposit centers that Sudani is bringing in with the CBI are a start of collecting and a start of the deletion of the zero notes. It gives us an avenue to trade in the notes instead of clogging up our regular banks. FRANK: These currency centers have been licensed by the CBI, Sudani and the US Treasury in the last few weeks. Things are moving very fast for you citizens to receive your monetary reform.
10-21-2024 Intel Guru MarkZ [via PDK] “Stability in dollar exchange rates in Baghdad, Basra and Erbil” Now that Erbil and the Kurdistan region is “playing ball” the stability of the rates are balancing.
10-21-2024 Intel Guru RayRen98 SOME BANKS AND 3 LETTERS ARE EXPECTING TO SEE SOME ACTION IN THE MORNING AT OPENING TIME. wE SHALL C.
10-21-2024 Intel Guru MarkZ [via PDK] “Salaries will be delayed: Fundamental changes coming to the Iraqi money and financial system” Some are worried about the budget deficit. This is another reason we need the dinar value changed - to erase that.
10-21-2024 Newshound Guru Militia Man They're preparing because they're going to have much of [the three zero currency] they weren't able to get off the street back coming into the banks. But what are they going to need for those folks that held that money...? The project to delete the zeros is going to bring value. It's going to bring purchasing power...
10-21-2024 Newshound Guru Samson Article: ”China dominates the Iraqi market: exports exceed $65 billion in 2024!" Quote: "Chinese Customs Authority indicates that China continues to strengthen its economic dominance in Iraq..."
10-21-2024 Newshound Guru Clare Article: "Planning: The percentage of completion of operations related to the population census exceeded 90 percent" Quote: "the work will be completed before the end of this month, with the exception of the three governorates of the Kurdistan Region (Erbil, Sulaymaniyah, Dohuk), in which work was delayed for technical reasons, noting that "the completion rate has reached more than 90 percent..."
10-21-2024 Newshound Guru Sandy Ingram Here's why joining the World Trade Organization is so important. The WTO can open the door to new business opportunities, attract more investments, and create jobs. It's a major step towards boosting Iraq's economy and connecting with the world. Iraq's Trade Minister...just announced Iraq is back at the negotiating table working towards becoming a member of the WTO... [I'll] keep you updated on Iraq's WTO progress...
10-21-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV says the recommendations for Ernst and Young about banking reforms will be approved by the council of Ministers to proceed with the banking reforms. FRANK: Ernst and Young are playing a very important part in the Monetary Reform process with the CBI and United States Treasury. Their involvement is very deep. To see this report from them once again tells me we are running out of time...
10-21-2024 Intel Guru Wolverine [via Judy Byington] It’s all happening this week...One of the World’s most noted Whales has just been called in to fly to a certain destination. This is about to kick off. It looks like groups are getting ready now...I’m so emotional now that I wish I could tell you more but it’s looking really good for this week. My sources say everything is going this week. I have absolute faith we will go this week.
10-21-2024 Newshound Guru Samson Article: "Blinken in the Middle East next Tuesday" Quote: "US Secretary of State Anthony Blinken will arrive in the Middle East next Tuesday, on a new tour"
10-21-2024 Newshound Guru Militia Man You have Al-Sudani calling on the House of Representatives to vote in their president. The optics of them having 3 presidencies available all at the same time when/if...they revalue their currency is a pretty big deal. The optics would really look good globally. You got a strong foundation...security and stability at the borders... knocking on the door of the WTO...the TIR contract they signed days ago...international agreements. Everything is gearing up for what? Iraq going international.
10-21-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy wants you to know the opening of these cash deposit centers that Sudani is bringing in with the CBI are a start of collecting and a start of the deletion of the zero notes. It gives us an avenue to trade in the notes instead of clogging up our regular banks. FRANK: These currency centers have been licensed by the CBI, Sudani and the US Treasury in the last few weeks. Things are moving very fast for you citizens to receive your monetary reform.
10-21-2024 Intel Guru MarkZ [via PDK] “Stability in dollar exchange rates in Baghdad, Basra and Erbil” Now that Erbil and the Kurdistan region is “playing ball” the stability of the rates are balancing.
10-21-2024 Intel Guru RayRen98 SOME BANKS AND 3 LETTERS ARE EXPECTING TO SEE SOME ACTION IN THE MORNING AT OPENING TIME. wE SHALL C.
10-20-2024 Newshound Guru Clare Article: "Economist: Development Road Project Will Provide Iraq with Great Investment Opportunities" Quote: "The "Development Road" project consists of land and railway roads extending from Iraq to Turkey and its ports, with a length of 1,200 kilometers inside Iraq, and aims to transport goods between Europe and the Gulf countries"
10-20-2024 Intel Guru Frank26 I think [US] banks are feeling a little bit more relaxed because I believe the meetings are preparing them for something because time is running short...I'm grateful for the attitude, the change in the atmosphere how things are coming about now.
10-20-2024 Newshound Guru Militia Man The Development Road Project is going be massive. It's going to create an environment that'll be seen for many decades long after I'm gone. I'm sure of it.
10-20-2024 Intel Guru MarkZ “Washington supports Iraq’s efforts to achieve comprehensive economic development” Whenever a country is about to revalue- you will see this lady (Alina Romanowski) being an ambassador there. She had experience with Kuwait.
10-20-2024 Newshound Guru Clare Article: "Kurdistan Finance Deposits More Than 77 Billion in Non-Oil Revenues into Baghdad Treasury" Quote: "This amount represents the share of the general federal treasury from the non-oil revenues of the Kurdistan Region of Iraq for the month of June."
10-20-2024 Intel Guru Frank26 Article 140 census was done many many years ago and used to calculate the HCL. They're doing the new census now because they're going to introduces a new rate.
10-20-2024 Newshound Guru Breitling Just to be clear this is not an investment. It's speculation...I've used that in the past, it's an investment. That's incorrect. We are speculating. That's a completely different ballgame. Investing is something completely different.
10-20-2024 Newshound Guru Sandy Ingram The average cost of living for one person in Iraq is $754/month. This amount includes rent therefore when Iraq creates a safe environment hundreds of thousands of travelers could easily spend $2,000 a month on average in Iraq. To understand how tourism can help change a country's GDP you only have to look at Mexico.
10-20-2024 Intel Guru Wolverine [via Judy Byington] My sources say everything is going this week. I have absolute faith we will go this week... Things started. The green light was given...
10-20-2024 Newshound Guru Clare Article: "Counterfeiting currency in Iraq.. Is the responsibility of the Central Bank or the government?" Quote: "Two printers used in counterfeiting operations were also seized, as well as a yellow Renault wheel used in distributing counterfeit currency,” she continued, stressing that “legal measures were taken against the accused, and it was proven through the investigation that there is a person residing outside the country who visits the home of one of the accused from time to time and brings new and modern editions of counterfeit currency, which are distributed in Baghdad and Basra through one of the accused who has a relationship with one of the arrested accused"
10-20-2024 Newshound Guru Militia Man Article Quote: "The Trade Bank is opening depository accounts for deposits only..." That's the kicker right there... They're enticing the people to come in bring in their hoarded money...Why are they creating bank branches specifically for bringing in deposits? That's the hoarded money...If they're going to get it out...what's the incentive? Why bring all your money in at 1310? ...They're going to need incentive and I think the real effective exchange rate is going to be that incentive...
10-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy...knows someone that attended a big meeting with the Untied States Treasury and the CBI and they said Iraq is coming off the electronic platform. FRANK: The auctions. FIREFLY: And expanding the dinar to go outside of our borders and go international at the end of the year. So all we will see for now on, according to Mr. Sammy, are just steps taking place to get there. But the grand prize will not happen until the end of the year. Mr. Sammy said his friend was there and knows this first hand. FRANK: My heart still holds out for this year though but...these two months are important to make sure everything comes out in order for the citizens to be successful.
10-20-2024 Newshound/Intel Guru Mnt Goat Finance Minister Taif Sami Mohammed stressed the need “to adhere to timetables to achieve economic reforms”. Yes, Iraq is on a timetable, and I don’t think they are going to mess this one up under Al-Sudani as they have in the past.
10-20-2024 Intel Guru MarkZ [via PDK] “Financial Advisor: Increasing iraq’s share in the International Monetary Fund is a step to enhance the stability of the dinar” This is a big piece and now we are starting to feel that effect. It is increasing the stability and the prominence of Iraq. The dinar is becoming a “Special Drawing Rights “ (SDR) Currency …and recognized worldwide.
10-20-2024 Intel Guru Frank26 I think [US] banks are feeling a little bit more relaxed because I believe the meetings are preparing them for something because time is running short...I'm grateful for the attitude, the change in the atmosphere how things are coming about now.
10-20-2024 Newshound Guru Militia Man The Development Road Project is going be massive. It's going to create an environment that'll be seen for many decades long after I'm gone. I'm sure of it.
10-20-2024 Intel Guru MarkZ “Washington supports Iraq’s efforts to achieve comprehensive economic development” Whenever a country is about to revalue- you will see this lady (Alina Romanowski) being an ambassador there. She had experience with Kuwait.
10-20-2024 Newshound Guru Clare Article: "Kurdistan Finance Deposits More Than 77 Billion in Non-Oil Revenues into Baghdad Treasury" Quote: "This amount represents the share of the general federal treasury from the non-oil revenues of the Kurdistan Region of Iraq for the month of June."
10-20-2024 Intel Guru Frank26 Article 140 census was done many many years ago and used to calculate the HCL. They're doing the new census now because they're going to introduces a new rate.
10-20-2024 Newshound Guru Breitling Just to be clear this is not an investment. It's speculation...I've used that in the past, it's an investment. That's incorrect. We are speculating. That's a completely different ballgame. Investing is something completely different.
10-20-2024 Newshound Guru Sandy Ingram The average cost of living for one person in Iraq is $754/month. This amount includes rent therefore when Iraq creates a safe environment hundreds of thousands of travelers could easily spend $2,000 a month on average in Iraq. To understand how tourism can help change a country's GDP you only have to look at Mexico.
10-20-2024 Intel Guru Wolverine [via Judy Byington] My sources say everything is going this week. I have absolute faith we will go this week... Things started. The green light was given...
10-20-2024 Newshound Guru Clare Article: "Counterfeiting currency in Iraq.. Is the responsibility of the Central Bank or the government?" Quote: "Two printers used in counterfeiting operations were also seized, as well as a yellow Renault wheel used in distributing counterfeit currency,” she continued, stressing that “legal measures were taken against the accused, and it was proven through the investigation that there is a person residing outside the country who visits the home of one of the accused from time to time and brings new and modern editions of counterfeit currency, which are distributed in Baghdad and Basra through one of the accused who has a relationship with one of the arrested accused"
10-20-2024 Newshound Guru Militia Man Article Quote: "The Trade Bank is opening depository accounts for deposits only..." That's the kicker right there... They're enticing the people to come in bring in their hoarded money...Why are they creating bank branches specifically for bringing in deposits? That's the hoarded money...If they're going to get it out...what's the incentive? Why bring all your money in at 1310? ...They're going to need incentive and I think the real effective exchange rate is going to be that incentive...
10-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy...knows someone that attended a big meeting with the Untied States Treasury and the CBI and they said Iraq is coming off the electronic platform. FRANK: The auctions. FIREFLY: And expanding the dinar to go outside of our borders and go international at the end of the year. So all we will see for now on, according to Mr. Sammy, are just steps taking place to get there. But the grand prize will not happen until the end of the year. Mr. Sammy said his friend was there and knows this first hand. FRANK: My heart still holds out for this year though but...these two months are important to make sure everything comes out in order for the citizens to be successful.
10-20-2024 Newshound/Intel Guru Mnt Goat Finance Minister Taif Sami Mohammed stressed the need “to adhere to timetables to achieve economic reforms”. Yes, Iraq is on a timetable, and I don’t think they are going to mess this one up under Al-Sudani as they have in the past.
10-20-2024 Intel Guru MarkZ [via PDK] “Financial Advisor: Increasing iraq’s share in the International Monetary Fund is a step to enhance the stability of the dinar” This is a big piece and now we are starting to feel that effect. It is increasing the stability and the prominence of Iraq. The dinar is becoming a “Special Drawing Rights “ (SDR) Currency …and recognized worldwide.
10-19-2024 Intel Guru Frank26 Every one of these articles IMO as the days go by get more and more specific. The fog is less and less.
10-19-2024 Newshound Guru Militia Man Those people [Who have 'hoarded mattress dinars'] are expecting the stock market to run big time when they change the value of their currency based off of a Real Effective Exchange Rate based off real assets, non-oil [revenue]. That's what's in focus right now. It's phenomenal. This is a good sign of things to come.
10-19-2024 Newshound/Intel Guru Fnu Lnu Everything our attorneys and ancillary folks have told me has all been accurate so far. Nothing has changed in all these years.
10-19-2024 Intel Guru MarkZ [via PDK] Question: How are you feeling about the RV Mark? MarkZ: I am still feeling warm and fuzzy... I do know of a couple of wealth managers/redemption folks working over the weekend. They do not think we will be doing exchanges this weekend…but do think it is in the very near future...I think there is an excellent chance we could go this week.
10-19-2024 Newshound Guru Samson Article: “Salaries will be delayed.. Fundamental changes coming to the Iraqi monetary and financial system"
10-19-2024 Intel Guru Frank26 Many people pose the question, I don't have my receipt. If I'm ever audited what am I going to do? If I don't have my receipt I'm going to be in the 40% [tax bracket]. I don't want to pay that much taxes. What do I do? Did you write a check? Your canceled check is your receipt. Did you use a credit card? You bank statement from your credit card is your receipt...
10-19-2024 Newshound Guru Clare Article: "Financial Advisor: Increasing Iraq’s IMF Share Is a Step to Strengthen Dinar Stability" Quote: "The Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Salih, confirmed today, Saturday, that increasing Iraq's share in the International Monetary Fund represents an important step in confronting the economic challenges facing the country and stabilizing the value of the Iraqi dinar. He explained that this increase constitutes an effective tool against exchange rate fluctuations and inflation problems, and contributes to enhancing investor confidence in the Iraqi economy."
10-19-2024 Intel Guru MarkZ Bank Story: “Spoke to the teller at my Chase bank this morning in Arizona. I asked if this branch would be a RV center….He didn’t know what I meant so I told him about the dinar. He said he was from Iraq and still has family there. He told me that Iraq was in a Renaissance and is a very prosperous nation. He also confirmed Iraq has gone to a new digital banking system.“ Iraq dinar will not keep that low value long.
10-19-2024 Newshound Guru Militia Man The evidence is abundant. Iraq is finalizing her reforms. With what? The support of American partnerships especially with large economic reforms and financial aspects in Iraq...These things are going to be linking the East to the West and they told you, via what? Iraq's Development Road Program. They're going to need the freedom of capital movement. That's going to be the Real Effective Exchange Rate.
10-19-2024 Intel Guru Frank26 Remember when...Alaq went to the United States Treasury and then he came back and then Sudani went to the Untied States Treasury in New York...Do you know where the United States Treasury is right now? ...In Baghdad at the CBI...During this meeting, IMF probably, WTO, well of course, they're there...What did they discuss? The financial inclusion plans in Iraq and about the digital transformation. This is all part of the monetary reform...
10-19-2024 Newshound/Intel Guru Mnt Goat Have they reached some sort of benchmark in the electronic digital banking reformation? Probably...it seems they have made so much progress. Also remember all this liquidity in the banks from the stashes and hordes of currency now being deposited... Please connect the dots and see the oncoming storm of prosperity coming to Iraq. Remember that we investors partake in this wealth when it comes to Iraq, but only when it comes as a byproduct of all these reforms. Yes, when they finally move to FOREX... the plan and thus the execution of the process for the plan is moving forward nicely...it seems at a more rapid pace as we near the end of this year.
10-19-2024 Intel Guru Bruce [via WiserNow] ...the Iraqi dinar... we're hearing now it's either going to be on the forex with a new rate, either Friday night...or Sunday night. My bet is Sunday after the Forex comes back up after having been turned off or closed for 48 hours, which is typical every weekend, from five o'clock Friday to five o'clock Sunday, it's down. It's down so that they can reconcile accounts on forex...The word was get ready for the weekend.
10-19-2024 Newshound Guru Militia Man Those people [Who have 'hoarded mattress dinars'] are expecting the stock market to run big time when they change the value of their currency based off of a Real Effective Exchange Rate based off real assets, non-oil [revenue]. That's what's in focus right now. It's phenomenal. This is a good sign of things to come.
10-19-2024 Newshound/Intel Guru Fnu Lnu Everything our attorneys and ancillary folks have told me has all been accurate so far. Nothing has changed in all these years.
10-19-2024 Intel Guru MarkZ [via PDK] Question: How are you feeling about the RV Mark? MarkZ: I am still feeling warm and fuzzy... I do know of a couple of wealth managers/redemption folks working over the weekend. They do not think we will be doing exchanges this weekend…but do think it is in the very near future...I think there is an excellent chance we could go this week.
10-19-2024 Newshound Guru Samson Article: “Salaries will be delayed.. Fundamental changes coming to the Iraqi monetary and financial system"
10-19-2024 Intel Guru Frank26 Many people pose the question, I don't have my receipt. If I'm ever audited what am I going to do? If I don't have my receipt I'm going to be in the 40% [tax bracket]. I don't want to pay that much taxes. What do I do? Did you write a check? Your canceled check is your receipt. Did you use a credit card? You bank statement from your credit card is your receipt...
10-19-2024 Newshound Guru Clare Article: "Financial Advisor: Increasing Iraq’s IMF Share Is a Step to Strengthen Dinar Stability" Quote: "The Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Salih, confirmed today, Saturday, that increasing Iraq's share in the International Monetary Fund represents an important step in confronting the economic challenges facing the country and stabilizing the value of the Iraqi dinar. He explained that this increase constitutes an effective tool against exchange rate fluctuations and inflation problems, and contributes to enhancing investor confidence in the Iraqi economy."
10-19-2024 Intel Guru MarkZ Bank Story: “Spoke to the teller at my Chase bank this morning in Arizona. I asked if this branch would be a RV center….He didn’t know what I meant so I told him about the dinar. He said he was from Iraq and still has family there. He told me that Iraq was in a Renaissance and is a very prosperous nation. He also confirmed Iraq has gone to a new digital banking system.“ Iraq dinar will not keep that low value long.
10-19-2024 Newshound Guru Militia Man The evidence is abundant. Iraq is finalizing her reforms. With what? The support of American partnerships especially with large economic reforms and financial aspects in Iraq...These things are going to be linking the East to the West and they told you, via what? Iraq's Development Road Program. They're going to need the freedom of capital movement. That's going to be the Real Effective Exchange Rate.
10-19-2024 Intel Guru Frank26 Remember when...Alaq went to the United States Treasury and then he came back and then Sudani went to the Untied States Treasury in New York...Do you know where the United States Treasury is right now? ...In Baghdad at the CBI...During this meeting, IMF probably, WTO, well of course, they're there...What did they discuss? The financial inclusion plans in Iraq and about the digital transformation. This is all part of the monetary reform...
10-19-2024 Newshound/Intel Guru Mnt Goat Have they reached some sort of benchmark in the electronic digital banking reformation? Probably...it seems they have made so much progress. Also remember all this liquidity in the banks from the stashes and hordes of currency now being deposited... Please connect the dots and see the oncoming storm of prosperity coming to Iraq. Remember that we investors partake in this wealth when it comes to Iraq, but only when it comes as a byproduct of all these reforms. Yes, when they finally move to FOREX... the plan and thus the execution of the process for the plan is moving forward nicely...it seems at a more rapid pace as we near the end of this year.
10-19-2024 Intel Guru Bruce [via WiserNow] ...the Iraqi dinar... we're hearing now it's either going to be on the forex with a new rate, either Friday night...or Sunday night. My bet is Sunday after the Forex comes back up after having been turned off or closed for 48 hours, which is typical every weekend, from five o'clock Friday to five o'clock Sunday, it's down. It's down so that they can reconcile accounts on forex...The word was get ready for the weekend.
10-18-2024 Newshound Guru Militia Man What are we waiting for? We're waiting for Alaq to make an announcement I believe in some shape or form. It's going to be his job. He's the Central Bank of Iraq governor.
10-18-2024 Intel Guru Frank26 [Banks] know better than to keep lying to you...They're not going to admit anything but they're not going to lie to you anymore and say it's a scam because that was a flat out lie...The atmosphere in the banks [has changed], stop telling them it's a scam...
10-18-2024 Newshound Guru Samson Article: "Washington: We support the economic reform agenda in Iraq, including updating the budget and enhancing transparency"
10-18-2024 Intel Guru MarkZ [via PDK] Question: With the HCL funded is the RV imminent? MarkZ: HCL- We keep seeing rumors but they have not announced it. I believe they have done everything but just not announced it.
10-18-2024 Newshound Guru Guru Clare Article: "This evening.. Baghdad hosts the first round of indirect talks between Washington and Tehran - Urgent"
10-18-2024 Newshound Guru Pimpy What is Iraq's Hydrocarbon Law? ...Iraq Hydrocarbon Law also known as Iraq's oil Law is aimed to create a legal framework for the management of oil production and revenue sharing amounts various stakeholders in Iraq...Stakeholders are the Iraqi government, the companies that are involved, the different provinces, the different governments... Remember you got some very corrupt politicians, if they had it their way, they'd keep it all for themselves but the money is going to be distributed based on the per capita of each province. That makes it a lot more fair...Each territory is going to decide what they want to do with their version of the funds.
10-18-2024 Newshound Guru Militia Man Article quote: "The Minister of Finance and The US ambassador today discuss efforts to achieve economic reforms...They strengthened bilateral relationships between the two United States and Iraq with a focus on economic cooperation." I like that part. "The meeting discussed the development road project that connects Iraq to Europe through Turkey and is one of the largest strategic and vital project making Iraq the link between Asia and Europe." That is unbelievable and it's given a finality to it. I like it...
10-18-2024 Newshound/Intel Guru Mnt Goat Does the CBI have a time table to their plan of reforms and are they following it? ...they are now targeting early 2025 for the reinstatement. Everything they are doing from now to the end of year is geared towards this target is on a timetable.
10-18-2024 Intel Guru Frank26 Article: "Iraq Increases Reserves at IMF by 50%" MANY CENTRAL BANKS AROUND THE WORLD INCREASE THEIR RESERVES WITH THE IQD... BECAUSE IT'S NO SECRET.
10-18-2024 Intel Guru MarkZ [via PDK] Comment: I recently heard to expect the RV between the 22nd and 26th of October. MarkZ: Based on what I am hearing…that makes sense.
10-18-2024 Intel Guru Frank26 [Banks] know better than to keep lying to you...They're not going to admit anything but they're not going to lie to you anymore and say it's a scam because that was a flat out lie...The atmosphere in the banks [has changed], stop telling them it's a scam...
10-18-2024 Newshound Guru Samson Article: "Washington: We support the economic reform agenda in Iraq, including updating the budget and enhancing transparency"
10-18-2024 Intel Guru MarkZ [via PDK] Question: With the HCL funded is the RV imminent? MarkZ: HCL- We keep seeing rumors but they have not announced it. I believe they have done everything but just not announced it.
10-18-2024 Newshound Guru Guru Clare Article: "This evening.. Baghdad hosts the first round of indirect talks between Washington and Tehran - Urgent"
10-18-2024 Newshound Guru Pimpy What is Iraq's Hydrocarbon Law? ...Iraq Hydrocarbon Law also known as Iraq's oil Law is aimed to create a legal framework for the management of oil production and revenue sharing amounts various stakeholders in Iraq...Stakeholders are the Iraqi government, the companies that are involved, the different provinces, the different governments... Remember you got some very corrupt politicians, if they had it their way, they'd keep it all for themselves but the money is going to be distributed based on the per capita of each province. That makes it a lot more fair...Each territory is going to decide what they want to do with their version of the funds.
10-18-2024 Newshound Guru Militia Man Article quote: "The Minister of Finance and The US ambassador today discuss efforts to achieve economic reforms...They strengthened bilateral relationships between the two United States and Iraq with a focus on economic cooperation." I like that part. "The meeting discussed the development road project that connects Iraq to Europe through Turkey and is one of the largest strategic and vital project making Iraq the link between Asia and Europe." That is unbelievable and it's given a finality to it. I like it...
10-18-2024 Newshound/Intel Guru Mnt Goat Does the CBI have a time table to their plan of reforms and are they following it? ...they are now targeting early 2025 for the reinstatement. Everything they are doing from now to the end of year is geared towards this target is on a timetable.
10-18-2024 Intel Guru Frank26 Article: "Iraq Increases Reserves at IMF by 50%" MANY CENTRAL BANKS AROUND THE WORLD INCREASE THEIR RESERVES WITH THE IQD... BECAUSE IT'S NO SECRET.
10-18-2024 Intel Guru MarkZ [via PDK] Comment: I recently heard to expect the RV between the 22nd and 26th of October. MarkZ: Based on what I am hearing…that makes sense.
10-17-2024 Newshound Guru Clare Article: "Iraq Increases Reserves at IMF by 50%" Quote: "Iraqi Cabinet...approved an increase in Iraq's quota at the International Monetary Fund (IMF) by 831.9 million Special Drawing Rights (SDR), equivalent to 1.45 trillion Iraqi dinars [$1.1 billion] based on the exchange rate as of October 8, 2024. This 50-percet increase...will enhance the country's voting power within the IMF...The IMF created SDRs as an international reserve asset to supplement member countries' official reserves...They serve as a potential source of liquidity for IMF member nations."
10-17-2024 Intel Guru Frank26 IMO last week a series of meetings have been occurring with banks. IMO the Central Bank of Iraq is...sending out a 'beacon'...a submarine ping...This data, information, intel, is coming and it's now coming fast to all these [U.S.] banks...They went from denying and saying it's a scam to...they're saying we'll talk to you soon.
10-17-2024 Intel/Newshound Guru Babysmom Community Comment: ...HCL is completed and fully funded today. We’re up next... Babysmom: HCL STANDS FOR HYDROCARBON LAW. IT IS THE LAW THAT DIVVIES UP THE PROFITS FROM BAGHDAD'S SALE OF OIL, WITH PROFITS GOING TO THE OTHER PARTS OF IRAQ. THERE HAS ALWAYS BEEN A BACK AND FORTH ABOUT HOW MUCH OF A PROFIT PERCENTAGE THE OTHER PARTS OF IRAQ WOULD RECEIVE.
10-17-2024 Intel Guru MarkZ [via PDK] “Today Kurdistan government announces September salary payments” they used to be a year or 6 months behind…but now in October they announce paying September salaries. To me this means money is moving. This is an HCL requirement that is happening. I think HCL is done and they are hiding the announcement.
10-17-2024 Newshound Guru Samson Article: "Government advisor prefers maximizing non-oil revenues by 2024"
10-17-2024 Newshound Guru Sandy Ingram Iraq is one of the world's largest oil producers yet the country struggles with shortages in fuel supply. The central bank vice governor said in March 2024 that Iraq is fighting a booming currency black market. He made this statement...three months after it became illegal to use dollars in transactions in Iraq...Some economists propose a bold strategy to address these twin challenges by introducing currency flotation. The would essentially remove the CBI's peg to the dollar allowing the dinars exchange rate to be determined by market forces. It appears the more controls a country has the more room there is for a parallel market or a black market... Post 2 of 2]
10-17-2024 Newshound Guru Sandy Ingram A parallel market refers to the trade of goods or currencies through distribution channels that are not authorized by the original manufacturer or the official regulatory body...and is legal...A black market refers to the illegal trade of good and services that are either prohibited by law or sold to avoid taxes and regulations. Iraq has serious currency controls and this automatically facilitates the black market...Iraqi citizens are banned from drinking alcohol, so yes the alcohol black market is probably huge. Iraq has another black market product, oil smuggling. [Post 1 of 2....stay tuned]
10-17-2024 Intel Guru MarkZ [via PDK] Article: "Iraq Parlianment expects to vote on Economic Reform laws soon” This has to do with the Industrial investment law, and to me this is very important and one of the clear signs that we saw in their “white papers”. They are spelling out everything they have to do to support a higher rate. They are doing the economic reforms to support this higher rate and lift up all Iraqis.
10-17-2024 Newshound Guru Clare Article: "US delegation arrives in Baghdad to prepare draft for "indirect" negotiations with Iran" Quote "America is exerting strong pressure through Iraqi mediators to conduct negotiations with Iran regarding the future of the region. It wants to adopt the principle of a single basket in resolving all issues, unlike Tehran, which believes that each issue is separate..."
10-17-2024 Intel Guru Frank26 [Bank Story Continues] He goes yeah. I said, you want to call them and see if you can purchase the dinar and dong? He goes sure thing. He text me back half hour later, he goes, Brad I can get them here in Indianapolis too. They come out of Miami...Why would Huntington Bank all of a sudden be selling dinar and dong at...970 branches in 11 states? Boom! FRANK: ...I have a Huntington Bank here in Toledo Ohio, they wouldn't sell dinars in the past. Why are they doing it now? The reason why IMO is because it opens the door for them to exchange the three zero notes. [Post 2 of 2]
10-17-2024 Intel Guru Frank26 [Bank Story] BRAD: Huntington Bank in Pennsylvania...I funded my account with a small amount of money and I said I'd like to place an order for Iraqi dinar but before I do I want to see how much I can get for my money...To make a long story short they sell them at the program rate, which you know is nothing special...By the time I left I realized all I had to do was have her remove money from my account. I was on top of the world. I came home and called...Gary. I said you live in Indianapolis, Do you have any Huntington Banks where you are? [Post 1 of 2....stay tuned]
10-17-2024 Intel Guru MarkZ [via PDK] Slim news coming out of Iraq...But this is a good one…“Erbil provides Baghdad’s Treasury with 77 billion dinars” this means look for that HCL (Hydro Carbon Law) at any moment…. They are trying to keep things under wraps till they pull the trigger…But they are behaving like it’s already done.
10-17-2024 Newshound/Intel Guru Mnt Goat Iraq is going to experience a “redenomination” of their currency meaning to execute the process of swapping out larger three zero notes for newer...lower denominations ...when you take money out of circulation...You cause deflation, which is revaluing your currency or making it worth more. There is also all the other assets and variables involved that will FORCE the system to bring back the dinar to its nominal value, finally. They are...doing this redenomination...to “normalize” their currency back to their “normal” denominations, as before the sanctions took place. They will also need a “normalized” rate and not this current “suppressed" rate...
10-17-2024 Intel Guru Frank26 IMO last week a series of meetings have been occurring with banks. IMO the Central Bank of Iraq is...sending out a 'beacon'...a submarine ping...This data, information, intel, is coming and it's now coming fast to all these [U.S.] banks...They went from denying and saying it's a scam to...they're saying we'll talk to you soon.
10-17-2024 Intel/Newshound Guru Babysmom Community Comment: ...HCL is completed and fully funded today. We’re up next... Babysmom: HCL STANDS FOR HYDROCARBON LAW. IT IS THE LAW THAT DIVVIES UP THE PROFITS FROM BAGHDAD'S SALE OF OIL, WITH PROFITS GOING TO THE OTHER PARTS OF IRAQ. THERE HAS ALWAYS BEEN A BACK AND FORTH ABOUT HOW MUCH OF A PROFIT PERCENTAGE THE OTHER PARTS OF IRAQ WOULD RECEIVE.
10-17-2024 Intel Guru MarkZ [via PDK] “Today Kurdistan government announces September salary payments” they used to be a year or 6 months behind…but now in October they announce paying September salaries. To me this means money is moving. This is an HCL requirement that is happening. I think HCL is done and they are hiding the announcement.
10-17-2024 Newshound Guru Samson Article: "Government advisor prefers maximizing non-oil revenues by 2024"
10-17-2024 Newshound Guru Sandy Ingram Iraq is one of the world's largest oil producers yet the country struggles with shortages in fuel supply. The central bank vice governor said in March 2024 that Iraq is fighting a booming currency black market. He made this statement...three months after it became illegal to use dollars in transactions in Iraq...Some economists propose a bold strategy to address these twin challenges by introducing currency flotation. The would essentially remove the CBI's peg to the dollar allowing the dinars exchange rate to be determined by market forces. It appears the more controls a country has the more room there is for a parallel market or a black market... Post 2 of 2]
10-17-2024 Newshound Guru Sandy Ingram A parallel market refers to the trade of goods or currencies through distribution channels that are not authorized by the original manufacturer or the official regulatory body...and is legal...A black market refers to the illegal trade of good and services that are either prohibited by law or sold to avoid taxes and regulations. Iraq has serious currency controls and this automatically facilitates the black market...Iraqi citizens are banned from drinking alcohol, so yes the alcohol black market is probably huge. Iraq has another black market product, oil smuggling. [Post 1 of 2....stay tuned]
10-17-2024 Intel Guru MarkZ [via PDK] Article: "Iraq Parlianment expects to vote on Economic Reform laws soon” This has to do with the Industrial investment law, and to me this is very important and one of the clear signs that we saw in their “white papers”. They are spelling out everything they have to do to support a higher rate. They are doing the economic reforms to support this higher rate and lift up all Iraqis.
10-17-2024 Newshound Guru Clare Article: "US delegation arrives in Baghdad to prepare draft for "indirect" negotiations with Iran" Quote "America is exerting strong pressure through Iraqi mediators to conduct negotiations with Iran regarding the future of the region. It wants to adopt the principle of a single basket in resolving all issues, unlike Tehran, which believes that each issue is separate..."
10-17-2024 Intel Guru Frank26 [Bank Story Continues] He goes yeah. I said, you want to call them and see if you can purchase the dinar and dong? He goes sure thing. He text me back half hour later, he goes, Brad I can get them here in Indianapolis too. They come out of Miami...Why would Huntington Bank all of a sudden be selling dinar and dong at...970 branches in 11 states? Boom! FRANK: ...I have a Huntington Bank here in Toledo Ohio, they wouldn't sell dinars in the past. Why are they doing it now? The reason why IMO is because it opens the door for them to exchange the three zero notes. [Post 2 of 2]
10-17-2024 Intel Guru Frank26 [Bank Story] BRAD: Huntington Bank in Pennsylvania...I funded my account with a small amount of money and I said I'd like to place an order for Iraqi dinar but before I do I want to see how much I can get for my money...To make a long story short they sell them at the program rate, which you know is nothing special...By the time I left I realized all I had to do was have her remove money from my account. I was on top of the world. I came home and called...Gary. I said you live in Indianapolis, Do you have any Huntington Banks where you are? [Post 1 of 2....stay tuned]
10-17-2024 Intel Guru MarkZ [via PDK] Slim news coming out of Iraq...But this is a good one…“Erbil provides Baghdad’s Treasury with 77 billion dinars” this means look for that HCL (Hydro Carbon Law) at any moment…. They are trying to keep things under wraps till they pull the trigger…But they are behaving like it’s already done.
10-17-2024 Newshound/Intel Guru Mnt Goat Iraq is going to experience a “redenomination” of their currency meaning to execute the process of swapping out larger three zero notes for newer...lower denominations ...when you take money out of circulation...You cause deflation, which is revaluing your currency or making it worth more. There is also all the other assets and variables involved that will FORCE the system to bring back the dinar to its nominal value, finally. They are...doing this redenomination...to “normalize” their currency back to their “normal” denominations, as before the sanctions took place. They will also need a “normalized” rate and not this current “suppressed" rate...
10-16-2024 Intel Guru Frank26 The HCL is done. It is completed. Sudani got it. It only waits for the new exchange rate like everything else. The fact they keep talking...about it over and over again is because it is about to be given...The moment you see the HCL, you will see your new exchange rate...
10-16-2024 Intel Guru MarkZ [via PDK] From the Redemption /wealth management side-They are ready and working and they are being told to stay close. They do not yet know timing.
10-16-2024 Newshound Guru Samson Article: ”US Senate enters the line of pressure on the Central Bank of Iraq"
10-16-2024 Newshound Guru Kaperoni A country's currency and its value is not a random act or an arbitrary number. An exchange rate is based on a country's GDP, economic success. Until Iraq diversifies their economy the dinar will remain weak.
10-16-2024 Newshound Guru Sandy Ingram Iraq is a different country and has grown significantly since 2014, however we are concerned ISIS is not completely destroyed, as many would believe, [My] second concern is oil prices are set to go down in early 2025 because demand is expected to decrease. Because Iraq relies heavily on oil prices for salaries for government workers [we] along with the IMF and the Iraqi Parliament are concerned this could affect Iraq.
10-16-2024 Newshound Guru Militia Man What will have a profound impact on the global financial system? ...IMO...is them at least reinstating their currency to what it was before. Going 1 to 1 isn't going to cut it. Going to a full-blown reinstatement would do that. Also having a Real Effective Exchange Rate applied would do that. That's the type of profound impact I'm expecting... Sudani mentioned a couple of times that the dinar is stronger than the dollar. Keep all that in mind.
10-16-2024 Intel Guru MarkZ [via PDK] “Iraq increased reserves at the IMF by 50%” This is huge. This is an increase to the IMF for their SDR’s (Special drawing rights). In other words when a country comes for a loan to the IMF – they are borrowing from Iraq. This will enhance Iraq’s voting power in the IMF as well. This makes Iraq one of the most influential Arab nations. We know we have World Trade Organization ascension coming…and they are now taking a lead role in loaning funds to other countries in need and writing policies for the region with the IMF…. They are close to restoring stability and faith to their country and their currency. I am excited on what we are seeing coming out of Iraq as of late.
10-16-2024 Newshound Guru Clare Article: "The College of Administration and Economics at the University of Mosul holds its international scientific conference on 'Development and financial and economic stability to restore confidence in the Iraqi dinar'" Quote: "The conference aimed to highlight the role of economic policies in achieving stability and restoring confidence in the Iraqi dinar"
10-16-2024 Intel Guru Frank26 Concerning the CBI announcing to you Iraqi citizens that they are activating the banking reforms...That means they are activating the monetary reform. They're going to give you your new lower notes. They are going to give you your new exchange rate. They're going to give you the keys to the ATM... You are now going to be receiving your purchasing power not only through the new exchange rate but via the HCL and the jobs the economic reform is about to produce.
10-16-2024 Newshound Guru Samson Article: "Launching of the activities of the international scientific conference under the slogan 'Development and financial and economic stability to restore confidence in the dinar'"
10-16-2024 Newshound/Intel Guru Mnt Goat Remember...the CBI needs to shrink the monetary mass by two-thirds (2/3)...it appears they are now beginning to bring in their hard currency to the banks for deposit...I was told [by my CBI contact] that this process is part of the Project to Delete the Zeros and her committee is now working with the banks to retrieve this hard currency...the Project to Delete the Zeros has begun...WOW! WOW! WOW! [post 2 of 2]
10-16-2024 Newshound/Intel Guru Mnt Goat Article: “TRADE BANK OF IRAQ ANNOUNCES THE IMMINENT OPENING OF A CASH DEPOSIT CENTER IN KARKH” I would definitely call it a “WOW!” article. So why am I excited today when I read this article? ...they are now in the beginning stages of setting up these “cash centers” specific to collecting the stashed and hoards of dinars outside the banking system...this center receives all cash deposits only for all customers... [Post 1 of 2...stay tuned]
10-16-2024 Intel Guru RayRen98 [reference RayRen98 post 10-15-2024 below] ...OTHER SOURCES ARE "TALKING" ABOUT A DEADLINE DATE AS WELL... BANK FOLKS ARE TALKING, 3 LETTERS ARE TALKING...IT'S A BEAUTIFUL THING!!!... Question: "are the sources in agreement as far as the deadline date is concerned?" YES... TIME WILL TELL...THE CLOCK IS TICKING...
10-16-2024 Intel Guru MarkZ [via PDK] From the Redemption /wealth management side-They are ready and working and they are being told to stay close. They do not yet know timing.
10-16-2024 Newshound Guru Samson Article: ”US Senate enters the line of pressure on the Central Bank of Iraq"
10-16-2024 Newshound Guru Kaperoni A country's currency and its value is not a random act or an arbitrary number. An exchange rate is based on a country's GDP, economic success. Until Iraq diversifies their economy the dinar will remain weak.
10-16-2024 Newshound Guru Sandy Ingram Iraq is a different country and has grown significantly since 2014, however we are concerned ISIS is not completely destroyed, as many would believe, [My] second concern is oil prices are set to go down in early 2025 because demand is expected to decrease. Because Iraq relies heavily on oil prices for salaries for government workers [we] along with the IMF and the Iraqi Parliament are concerned this could affect Iraq.
10-16-2024 Newshound Guru Militia Man What will have a profound impact on the global financial system? ...IMO...is them at least reinstating their currency to what it was before. Going 1 to 1 isn't going to cut it. Going to a full-blown reinstatement would do that. Also having a Real Effective Exchange Rate applied would do that. That's the type of profound impact I'm expecting... Sudani mentioned a couple of times that the dinar is stronger than the dollar. Keep all that in mind.
10-16-2024 Intel Guru MarkZ [via PDK] “Iraq increased reserves at the IMF by 50%” This is huge. This is an increase to the IMF for their SDR’s (Special drawing rights). In other words when a country comes for a loan to the IMF – they are borrowing from Iraq. This will enhance Iraq’s voting power in the IMF as well. This makes Iraq one of the most influential Arab nations. We know we have World Trade Organization ascension coming…and they are now taking a lead role in loaning funds to other countries in need and writing policies for the region with the IMF…. They are close to restoring stability and faith to their country and their currency. I am excited on what we are seeing coming out of Iraq as of late.
10-16-2024 Newshound Guru Clare Article: "The College of Administration and Economics at the University of Mosul holds its international scientific conference on 'Development and financial and economic stability to restore confidence in the Iraqi dinar'" Quote: "The conference aimed to highlight the role of economic policies in achieving stability and restoring confidence in the Iraqi dinar"
10-16-2024 Intel Guru Frank26 Concerning the CBI announcing to you Iraqi citizens that they are activating the banking reforms...That means they are activating the monetary reform. They're going to give you your new lower notes. They are going to give you your new exchange rate. They're going to give you the keys to the ATM... You are now going to be receiving your purchasing power not only through the new exchange rate but via the HCL and the jobs the economic reform is about to produce.
10-16-2024 Newshound Guru Samson Article: "Launching of the activities of the international scientific conference under the slogan 'Development and financial and economic stability to restore confidence in the dinar'"
10-16-2024 Newshound/Intel Guru Mnt Goat Remember...the CBI needs to shrink the monetary mass by two-thirds (2/3)...it appears they are now beginning to bring in their hard currency to the banks for deposit...I was told [by my CBI contact] that this process is part of the Project to Delete the Zeros and her committee is now working with the banks to retrieve this hard currency...the Project to Delete the Zeros has begun...WOW! WOW! WOW! [post 2 of 2]
10-16-2024 Newshound/Intel Guru Mnt Goat Article: “TRADE BANK OF IRAQ ANNOUNCES THE IMMINENT OPENING OF A CASH DEPOSIT CENTER IN KARKH” I would definitely call it a “WOW!” article. So why am I excited today when I read this article? ...they are now in the beginning stages of setting up these “cash centers” specific to collecting the stashed and hoards of dinars outside the banking system...this center receives all cash deposits only for all customers... [Post 1 of 2...stay tuned]
10-16-2024 Intel Guru RayRen98 [reference RayRen98 post 10-15-2024 below] ...OTHER SOURCES ARE "TALKING" ABOUT A DEADLINE DATE AS WELL... BANK FOLKS ARE TALKING, 3 LETTERS ARE TALKING...IT'S A BEAUTIFUL THING!!!... Question: "are the sources in agreement as far as the deadline date is concerned?" YES... TIME WILL TELL...THE CLOCK IS TICKING...
10-15-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The November census starts on the 20th and the 21st, Wednesday and Thursday we will be in curfew...They say will be a 4-day holiday.
10-15-2024 Newshound Guru Samson Article: "Governor of the Central Bank of Iraq discusses with the German Ambassador enhancing the financial inclusion plan in Iraq and digital transformation"
10-15-2024 Intel Guru MarkZ “The launch of the activities of the International Scientific conference under the slogan “Development financial and economic stability to restore confidence in the dinar” This seems to be the number one goal in the government right now…to restore the confidence in the dinar so that when they change the value-people have faith in it and use the dinar instead of the dollar...yes we want it faster…but I think we are about to get it.
10-15-2024 Intel Guru Frank26 WTO saying Iraq is an economic powerhouse is exciting...The reason they just told you that, Iraq has completed everything to join the WTO. Iraq is not in a hurry to join the WTO but the WTO desperately wants Iraq because a new exchange rate that will be very profitable for both sides.
10-15-2024 Newshound Guru Clare Article Quote: "Laying the foundation stone for the largest skyscraper in Baghdad" "The Baghdad Municipality is proud to give approval for the first skyscraper in the heart of the capital, Baghdad, within the new Downtown complex of the city of Baghdad."
10-15-2024 Intel Guru RayRen98 I JUST RECEIVED A "DEADLINE DATE FOR THE RV, BUT I DON'T BELIEVE IT UNTIL I HEAR FROM MORE SOURCES.
10-15-2024 Newshound/Intel Guru Fnu Lnu [Reference Guru Bruce post 10-14-2024 below.] Reminder...Redemption centers ARE BANKS. They are bank offices designed to be off premises for the purpose of validating and verifying the IQD and accrediting your bank account with the exchange amount deposit. They are banks and you WILL NOT get better rates at a BANK EXCHANGE CENTER. It is AGAINST the LAW to sell a financial instrument for different prices at different places. It is called "THE RULE OF ONE PRICE"...There are laws and they will be followed.
10-15-2024 Newshound/Intel Guru Walkingstick [Iraqi bank friend in U.S. Aki update] The next pay period [for Iraqi government salaries] that will follow up after this one will be based on the new exchange rate and so will the HCL payment to the citizens. Both their back pay and the HCL will be presented to the citizens at the same time, not on separate events. Do not look for purchasing power yet.
10-15-2024 Intel Guru MarkZ [via PDK] “Coordination with the World Bank for projects” Pretty much everybody except the US and the federal Reserve is banking on Iraq’s WTO ascension and the increase in value of the dinar. The world bank is one of those and they are working with Iraq on larger infrastructure projects. Iraq is not staying in the background for much longer ... Most likely when they announce the official WTO ascension we will see a public rate…imo
10-15-2024 Newshound Guru Samson Article: "Deputy Spokesman for the UN Secretary-General: Census results must be used for development"
10-15-2024 Newshound Guru Militia Man Article: "World Trade Organization in Geneva 2024 was held on July 18th." That's just a few months ago... Quote: "The significance of this is it marked the formal resumption of Iraq's accession process to the WTO after a 6-year hiatus." They have intensified the bilateral negotiations for the accession...There's a push now and they will need to be an internationally accepted currency in place ahead of the accession.
10-15-2024 Newshound/Intel Guru Mnt Goat Article: "IRAQ EXPORTS MORE THAN 54 MILLION BARRELS OF OIL AND ITS DERIVATIVES TO
AMERICA" ...the best part is that Iraq is now refining their own oil and selling not only raw crude oil exports but now running refineries to generate oil products (or derivatives) and exporting them too.
10-15-2024 Intel Guru MarkZ [via PDK] There was a lot of news this weekend coming out of Iraq. “Prime Minister: Iraq is witnessing unprecedented economic development and a stable political system” He is using very important key words. Dr. Shabibi (Former governor of the CBI and architect of the RV) had told us if they gave him a safe and stable Iraq - he would give them a higher revaluation or reinstatement. Iraq is the most stable country in the region and becoming a leader.
The November census starts on the 20th and the 21st, Wednesday and Thursday we will be in curfew...They say will be a 4-day holiday.
10-15-2024 Newshound Guru Samson Article: "Governor of the Central Bank of Iraq discusses with the German Ambassador enhancing the financial inclusion plan in Iraq and digital transformation"
10-15-2024 Intel Guru MarkZ “The launch of the activities of the International Scientific conference under the slogan “Development financial and economic stability to restore confidence in the dinar” This seems to be the number one goal in the government right now…to restore the confidence in the dinar so that when they change the value-people have faith in it and use the dinar instead of the dollar...yes we want it faster…but I think we are about to get it.
10-15-2024 Intel Guru Frank26 WTO saying Iraq is an economic powerhouse is exciting...The reason they just told you that, Iraq has completed everything to join the WTO. Iraq is not in a hurry to join the WTO but the WTO desperately wants Iraq because a new exchange rate that will be very profitable for both sides.
10-15-2024 Newshound Guru Clare Article Quote: "Laying the foundation stone for the largest skyscraper in Baghdad" "The Baghdad Municipality is proud to give approval for the first skyscraper in the heart of the capital, Baghdad, within the new Downtown complex of the city of Baghdad."
10-15-2024 Intel Guru RayRen98 I JUST RECEIVED A "DEADLINE DATE FOR THE RV, BUT I DON'T BELIEVE IT UNTIL I HEAR FROM MORE SOURCES.
10-15-2024 Newshound/Intel Guru Fnu Lnu [Reference Guru Bruce post 10-14-2024 below.] Reminder...Redemption centers ARE BANKS. They are bank offices designed to be off premises for the purpose of validating and verifying the IQD and accrediting your bank account with the exchange amount deposit. They are banks and you WILL NOT get better rates at a BANK EXCHANGE CENTER. It is AGAINST the LAW to sell a financial instrument for different prices at different places. It is called "THE RULE OF ONE PRICE"...There are laws and they will be followed.
10-15-2024 Newshound/Intel Guru Walkingstick [Iraqi bank friend in U.S. Aki update] The next pay period [for Iraqi government salaries] that will follow up after this one will be based on the new exchange rate and so will the HCL payment to the citizens. Both their back pay and the HCL will be presented to the citizens at the same time, not on separate events. Do not look for purchasing power yet.
10-15-2024 Intel Guru MarkZ [via PDK] “Coordination with the World Bank for projects” Pretty much everybody except the US and the federal Reserve is banking on Iraq’s WTO ascension and the increase in value of the dinar. The world bank is one of those and they are working with Iraq on larger infrastructure projects. Iraq is not staying in the background for much longer ... Most likely when they announce the official WTO ascension we will see a public rate…imo
10-15-2024 Newshound Guru Samson Article: "Deputy Spokesman for the UN Secretary-General: Census results must be used for development"
10-15-2024 Newshound Guru Militia Man Article: "World Trade Organization in Geneva 2024 was held on July 18th." That's just a few months ago... Quote: "The significance of this is it marked the formal resumption of Iraq's accession process to the WTO after a 6-year hiatus." They have intensified the bilateral negotiations for the accession...There's a push now and they will need to be an internationally accepted currency in place ahead of the accession.
10-15-2024 Newshound/Intel Guru Mnt Goat Article: "IRAQ EXPORTS MORE THAN 54 MILLION BARRELS OF OIL AND ITS DERIVATIVES TO
AMERICA" ...the best part is that Iraq is now refining their own oil and selling not only raw crude oil exports but now running refineries to generate oil products (or derivatives) and exporting them too.
10-15-2024 Intel Guru MarkZ [via PDK] There was a lot of news this weekend coming out of Iraq. “Prime Minister: Iraq is witnessing unprecedented economic development and a stable political system” He is using very important key words. Dr. Shabibi (Former governor of the CBI and architect of the RV) had told us if they gave him a safe and stable Iraq - he would give them a higher revaluation or reinstatement. Iraq is the most stable country in the region and becoming a leader.
10-14-2024 Newshound Guru Clare Article: "Parliamentary Finance Committee praises Al-Sudani: He has a real will to boost non-oil revenues"
10-14-2024 Intel Guru MarkZ [via PDK] Let’s start with this one from the WTO: “Congratulations to 23 participants (Iraq being one of those) for completing WTO ascension training and market access negotiations on goods” This tells us Iraq is preparing for that ascension. I continue to hear out of Iraq that they hope for that announcement this week.
10-14-2024 Newshound Guru Militia Man The efforts are just absolutely I think phenomenal. We don't have a date and rate but...we can see Iraq is going to a market economy in the private sector...
10-14-2024 Intel Guru Frank26 Question: "What happened to the unpublished Gazette edition [possibly containing the 2024 budget]?" It's still in the top drawer and next to the blue box with the red bow tie on it that says HCL...
10-14-2024 Newshound Guru PompeyPeter I believe we are extremely close IMO to what we want to see.
10-14-2024 Newshound Guru Pimpy The difference between the exchange rate and the effective exchange rate is this: An exchange rate is a price at which one currency can be exchange for another. It reflects the current market value of a currency in relation to another currency. The Real Effective Exchange Rate on the other hand is a more comprehensive measure that evaluates a country's currency relative to a basket of other major currencies adjusted for inflation...The REER provides insights into a country's international competitiveness by considering how much goods and services cost in different countries...They have a Real Effective Exchange Rate already. It's being used...
10-14-2024 Intel Guru MarkZ [via PDK] My gut feeling is screaming I’m going to finally get to call it quits before Halloween. I am so darn hopeful we are on the short and skinny side of this thing.
10-14-2024 Newshound Guru Clare Article: "Al-Sudani: All I aspire to is to serve the Iraqis" Quote: "We are turning into a promising country that represents a cornerstone in the stability of the Middle East, he said, adding, Iraq and the United States are bound by the Strategic Framework Agreement in 2008, and we are working to activate it. He stressed that the Iraqi people are currently living in a state of hope and optimism."
10-14-2024 Newshound Guru Militia Man I truly believe one of their agendas in sustainable development is revaluing the Iraqi currency... Sudani stated many time, be careful Iraq, Iraq is stronger than the dollar...they're going to be (as hammered at home) somewhat of the savior of the global financial system. How are you going to do that at 1310 when you never did it before? ...Obviously they're going to do something completely different.
10-14-2024 Intel Guru Frank26 Question: "What's the process of the new rate going live on Forex?" The CBI, when they officially announce it to the world at the same moment those words are coming out of their mouth, then they push a button that sends the official rate all over the world, not just to currency exchanges but to banks, to reserves, to those that need the information...
10-14-2024 Intel Guru Bruce [via WiserNow] Now, remember, rates in the redemption centers will be the best rates higher than the banks, and this is something that was orchestrated to give us the highest possible rate...It's true of the dong, and it's certainly true of the dinar as well..
10-14-2024 Intel Guru Wolverine [via Judy Byington] From all sources, this is the week we have been waiting for. Things are...moving.”
10-14-2024 Intel Guru MarkZ [via PDK] Let’s start with this one from the WTO: “Congratulations to 23 participants (Iraq being one of those) for completing WTO ascension training and market access negotiations on goods” This tells us Iraq is preparing for that ascension. I continue to hear out of Iraq that they hope for that announcement this week.
10-14-2024 Newshound Guru Militia Man The efforts are just absolutely I think phenomenal. We don't have a date and rate but...we can see Iraq is going to a market economy in the private sector...
10-14-2024 Intel Guru Frank26 Question: "What happened to the unpublished Gazette edition [possibly containing the 2024 budget]?" It's still in the top drawer and next to the blue box with the red bow tie on it that says HCL...
10-14-2024 Newshound Guru PompeyPeter I believe we are extremely close IMO to what we want to see.
10-14-2024 Newshound Guru Pimpy The difference between the exchange rate and the effective exchange rate is this: An exchange rate is a price at which one currency can be exchange for another. It reflects the current market value of a currency in relation to another currency. The Real Effective Exchange Rate on the other hand is a more comprehensive measure that evaluates a country's currency relative to a basket of other major currencies adjusted for inflation...The REER provides insights into a country's international competitiveness by considering how much goods and services cost in different countries...They have a Real Effective Exchange Rate already. It's being used...
10-14-2024 Intel Guru MarkZ [via PDK] My gut feeling is screaming I’m going to finally get to call it quits before Halloween. I am so darn hopeful we are on the short and skinny side of this thing.
10-14-2024 Newshound Guru Clare Article: "Al-Sudani: All I aspire to is to serve the Iraqis" Quote: "We are turning into a promising country that represents a cornerstone in the stability of the Middle East, he said, adding, Iraq and the United States are bound by the Strategic Framework Agreement in 2008, and we are working to activate it. He stressed that the Iraqi people are currently living in a state of hope and optimism."
10-14-2024 Newshound Guru Militia Man I truly believe one of their agendas in sustainable development is revaluing the Iraqi currency... Sudani stated many time, be careful Iraq, Iraq is stronger than the dollar...they're going to be (as hammered at home) somewhat of the savior of the global financial system. How are you going to do that at 1310 when you never did it before? ...Obviously they're going to do something completely different.
10-14-2024 Intel Guru Frank26 Question: "What's the process of the new rate going live on Forex?" The CBI, when they officially announce it to the world at the same moment those words are coming out of their mouth, then they push a button that sends the official rate all over the world, not just to currency exchanges but to banks, to reserves, to those that need the information...
10-14-2024 Intel Guru Bruce [via WiserNow] Now, remember, rates in the redemption centers will be the best rates higher than the banks, and this is something that was orchestrated to give us the highest possible rate...It's true of the dong, and it's certainly true of the dinar as well..
10-14-2024 Intel Guru Wolverine [via Judy Byington] From all sources, this is the week we have been waiting for. Things are...moving.”
10-13-2024 Newshound Guru Militia Man Iraq is filthy with assets. All non-oil income...natural resources...are taken into consideration when they figure a Real Effective Exchange rate which we haven't seen. The original $3.22 was based off oil. It was not based off non-oil...taxes at the borders, income derived from phone bills, electronics, sales tax, things of that nature.
10-13-2024 Intel Guru Frank26 Question: "Are we waiting for after our elections or IYO does it have anything to do with it?" No, our elections have nothing to do with the monetary reform of Iraq. No, those are completely two different tracks, two different directions...destinations. Although one is depending on the other. Why do you think the US Treasury told Sudani, get your butt back there and get this done?
10-13-2024 Newshound Guru Breitling When people were buying dinar from banks here in the United States there was a difference in the exchange rate. One bank was 1% another bank was 2%...I bought mine from an American Chase Bank. I asked them where did they get their dinar, they got it from Bank of America. It specifically came out of Saint Louis.
10-13-2024 Newshound Guru Clare Article: "To avoid major chaos... indirect negotiations between Tehran and Washington in Baghdad" Quote: "Baghdad has actually begun to arrange the atmosphere and seek to crystallize priority understandings that may be the beginning of upcoming meetings, especially since all parties are open to the negotiations file, even if they are indirect"
10-13-2024 Intel Guru MarkZ [via PDK] We are watching key things like HCL, WTO, Auctions ending and final budget tables…. All of this needs a new rate. We are in the fun part. They need to let her rip by the end of they year…but believe we are much closer than that. I am staying warm and fuzzy.
10-13-2024 Intel/Newshound Guru Babysmom WAITING TO SEE WHAT HAPPENS WITH FOREX TO DETERMINE IF SOME WORK THAT WAS DONE LAST NIGHT WENT THROUGH...FOREX OPENS AT 5PM EST TODAY.
10-13-2024 Newshound Guru Samson Article: "Al-Mandlawi: Iraq is focusing today on strengthening economic and investment aspects and sparing the region the scourge of wars"
10-13-2024 Newshound/Intel Guru Walkingstick Question: "What does it mean to you when they say 'In the coming days' the Iraqi citizens?" IMO that means now. Question: "They've used that phrase before haven't they?" Yes but not surrounded by all the information that they're giving to the Iraq citizens about the monetary reform on a daily basis...'In the coming days', yeah, now. In the coming days, very quickly, now.
10-13-2024 Newshound Guru Militia Man Article: "The Minister of Finance stresses the need to adhere to the timetables to achieve economic reforms" This cooperation...goes far beyond Iraq's borders...The World Bank, the IMF, the Bank of International Settlements, the WTO, United States Treasury, etc....all have reached agreements with respect to Iraq's reforms and sustainability towards economic growth...It shows the aforementioned entities...know what Iraq's reforms will mean to the world and the impacts it will likely bring to many nations of the world! ...They are now openly making sure they are on record in saying so..
10-13-2024 Intel Guru Frank26 Question: "The exchange rate change should be the next step before the lower notes and everything else right?" The next step is to introduce the lower notes and the new exchange rate yes. But in that process it's a chain of events - Picture a room with 100 mouse traps...if you throw one ping pong ball in that room...one mouse trap will cause a chain reaction...to fire off. That is what's going to happen when you have the new exchange rate introduced to the world...
10-13-2024 Intel Guru MarkZ [via PDK] In Iraq: “Economist: 2025 budget amendments are pending and the date of approval before the end of the year.” Why is this important. We are looking at WTO with all files done and paperwork finished…and we are waiting on the official announcement that Iraq has ascended…Then the budget tables are to be done by the end of the year…and auctions will be ending by the end of the year. We were told many years ago that at the time they ended the currency auctions…there would be a rise in value of the Iraqi dinar. Now they are ending them before the end of the year…thats not far off. We are in the window.
10-13-2024 Intel Guru Frank26 Question: "Are we waiting for after our elections or IYO does it have anything to do with it?" No, our elections have nothing to do with the monetary reform of Iraq. No, those are completely two different tracks, two different directions...destinations. Although one is depending on the other. Why do you think the US Treasury told Sudani, get your butt back there and get this done?
10-13-2024 Newshound Guru Breitling When people were buying dinar from banks here in the United States there was a difference in the exchange rate. One bank was 1% another bank was 2%...I bought mine from an American Chase Bank. I asked them where did they get their dinar, they got it from Bank of America. It specifically came out of Saint Louis.
10-13-2024 Newshound Guru Clare Article: "To avoid major chaos... indirect negotiations between Tehran and Washington in Baghdad" Quote: "Baghdad has actually begun to arrange the atmosphere and seek to crystallize priority understandings that may be the beginning of upcoming meetings, especially since all parties are open to the negotiations file, even if they are indirect"
10-13-2024 Intel Guru MarkZ [via PDK] We are watching key things like HCL, WTO, Auctions ending and final budget tables…. All of this needs a new rate. We are in the fun part. They need to let her rip by the end of they year…but believe we are much closer than that. I am staying warm and fuzzy.
10-13-2024 Intel/Newshound Guru Babysmom WAITING TO SEE WHAT HAPPENS WITH FOREX TO DETERMINE IF SOME WORK THAT WAS DONE LAST NIGHT WENT THROUGH...FOREX OPENS AT 5PM EST TODAY.
10-13-2024 Newshound Guru Samson Article: "Al-Mandlawi: Iraq is focusing today on strengthening economic and investment aspects and sparing the region the scourge of wars"
10-13-2024 Newshound/Intel Guru Walkingstick Question: "What does it mean to you when they say 'In the coming days' the Iraqi citizens?" IMO that means now. Question: "They've used that phrase before haven't they?" Yes but not surrounded by all the information that they're giving to the Iraq citizens about the monetary reform on a daily basis...'In the coming days', yeah, now. In the coming days, very quickly, now.
10-13-2024 Newshound Guru Militia Man Article: "The Minister of Finance stresses the need to adhere to the timetables to achieve economic reforms" This cooperation...goes far beyond Iraq's borders...The World Bank, the IMF, the Bank of International Settlements, the WTO, United States Treasury, etc....all have reached agreements with respect to Iraq's reforms and sustainability towards economic growth...It shows the aforementioned entities...know what Iraq's reforms will mean to the world and the impacts it will likely bring to many nations of the world! ...They are now openly making sure they are on record in saying so..
10-13-2024 Intel Guru Frank26 Question: "The exchange rate change should be the next step before the lower notes and everything else right?" The next step is to introduce the lower notes and the new exchange rate yes. But in that process it's a chain of events - Picture a room with 100 mouse traps...if you throw one ping pong ball in that room...one mouse trap will cause a chain reaction...to fire off. That is what's going to happen when you have the new exchange rate introduced to the world...
10-13-2024 Intel Guru MarkZ [via PDK] In Iraq: “Economist: 2025 budget amendments are pending and the date of approval before the end of the year.” Why is this important. We are looking at WTO with all files done and paperwork finished…and we are waiting on the official announcement that Iraq has ascended…Then the budget tables are to be done by the end of the year…and auctions will be ending by the end of the year. We were told many years ago that at the time they ended the currency auctions…there would be a rise in value of the Iraqi dinar. Now they are ending them before the end of the year…thats not far off. We are in the window.
10-12-2024 Newshound Guru Samson Article: "The Iraqi Bank for Trade announces measures to support the stability of the exchange rate"
10-12-2024 Newshound Guru Militia Man Those that keep calling this a scam are silly and they don't know what they own - If they even do...
10-12-2024 Intel Guru Frank26 Community Comment: "Many are saying Sudani and Alaq are to blame for the hold up." What are "many"? Because whoever that "many" is is very ignorant, very uneducated...in the understanding of the monetary reform process. For someone to say Alaq and Sudnai are the reason to blame for the hold up, that is a complete 180. It is Alaq, Sudani and Barzani now what are bringing success of the monetary reform and who are announcing it to the Iraqi citizens...
10-12-2024 Intel Guru MarkZ [via PDK] I do know of a couple redemption center folks/wealth management contacts who are working this weekend. They don’t know if its this week or next week but very much expect it to happen in the month of October. So they are putting in extra hours to be prepared. They are putting in extra hours to be ahead…taking care of existing customers so that they have no diversions when they expect us. I think it’s very encouraging that they are so convinced they will see us in the next couple of weeks that they are putting in extra hours so when it goes …they can focus on all of us “new” customers.
10-12-2024 Newshound Guru Clare Article: "Iraq raises gold reserves to 152.6 tons, according to the World Gold Council” Quote: "Iraq’s gold reserves increased by 4 tons in the past two months, reaching 152.6 tons, according to a report issued by the World Gold Council. This increase places Iraq in 29th place globally among 100 countries in gold reserves, according to last month’s data."
10-12-2024 Newshound Guru Pimpy I was expecting it to go up in increments over time and it's not working out that way because they were really moving in the right direction. Things were going really good but obviously everything went to hell in the hand basket.
10-12-2024 Newshound Guru Samson Article: "Parliamentary Finance: The Prime Minister has a real will to boost non-oil revenues"
10-12-2024 Newshound Guru Militia Man Article Quote: "There's been a completion of the first steps of the banking reform process." In my view the next phase should introduce new currency denominations. If they're going to have 3 zeros removed as Alaq said, you're going to need new denominations. They never have had a three zeros exchange rate to be supporting the global financial system. They haven't done that in 21 years so why now? They never will as far as I'm concerned...they're never going to be the savior of anything at 1310.
10-12-2024 Intel Guru Bruce [via WiserNow] ...we heard...let's see the 16th, which would be Wednesday, is the day that Iraq is paying all of their contractors and paying any back pay that they need to pay...And it's also the day, Wednesday the 16th, the day of celebration in Iraq for this RV and their new rate on the dinar, etc. So it looks like our start date would be Wednesday the 16th, but it could be actually, that we would start on Tuesday. I know we're supposed to get notified on Tuesday whether we start exchanges or not. We'll have see, but the whole thing is lining up beautifully...I'm excited about the timing...
10-12-2024 Intel Guru Frank26 Articles...makes it very clear what they're doing - adding value by lifting the 3 zeros. It's right there. It's from the Prime Minister. It's from Alaq the governor of the CBI word for word. Anybody that tell you it's a scam, educate them because this is not Bigfoot. This is not a UFO. This is not Lock Ness. This is a reality...happening right before our eyes.
10-12-2024 Intel Guru MarkZ [via PDK] “Gold in Iraq: A promising future for mining” this article is from 2015 but tells us how much gold they have in the ground etc. I had the privilege of talking with someone in the industry dealing with equipment…they have started moving a lot of gold mining equipment to Iraq. Iraq’s gold mining industry is starting to explode. They know they have a tremendous amount of gold and rare earth minerals there. As a Matter of fact experts over there say they may actually eclipse their oil revenues.
10-12-2024 Newshound/Intel Guru Mnt Goat Article: “THE CENTRAL BANK CONTINUES THE ACTUAL IMPLEMENTATION OF BANKING REFORM PLANS” ...the CBI has completed the first phase of the banking reform process... First of all, we can confirm by this article that there is a plan and they are working towards it, and that is their road map...
10-12-2024 Newshound Guru Militia Man Those that keep calling this a scam are silly and they don't know what they own - If they even do...
10-12-2024 Intel Guru Frank26 Community Comment: "Many are saying Sudani and Alaq are to blame for the hold up." What are "many"? Because whoever that "many" is is very ignorant, very uneducated...in the understanding of the monetary reform process. For someone to say Alaq and Sudnai are the reason to blame for the hold up, that is a complete 180. It is Alaq, Sudani and Barzani now what are bringing success of the monetary reform and who are announcing it to the Iraqi citizens...
10-12-2024 Intel Guru MarkZ [via PDK] I do know of a couple redemption center folks/wealth management contacts who are working this weekend. They don’t know if its this week or next week but very much expect it to happen in the month of October. So they are putting in extra hours to be prepared. They are putting in extra hours to be ahead…taking care of existing customers so that they have no diversions when they expect us. I think it’s very encouraging that they are so convinced they will see us in the next couple of weeks that they are putting in extra hours so when it goes …they can focus on all of us “new” customers.
10-12-2024 Newshound Guru Clare Article: "Iraq raises gold reserves to 152.6 tons, according to the World Gold Council” Quote: "Iraq’s gold reserves increased by 4 tons in the past two months, reaching 152.6 tons, according to a report issued by the World Gold Council. This increase places Iraq in 29th place globally among 100 countries in gold reserves, according to last month’s data."
10-12-2024 Newshound Guru Pimpy I was expecting it to go up in increments over time and it's not working out that way because they were really moving in the right direction. Things were going really good but obviously everything went to hell in the hand basket.
10-12-2024 Newshound Guru Samson Article: "Parliamentary Finance: The Prime Minister has a real will to boost non-oil revenues"
10-12-2024 Newshound Guru Militia Man Article Quote: "There's been a completion of the first steps of the banking reform process." In my view the next phase should introduce new currency denominations. If they're going to have 3 zeros removed as Alaq said, you're going to need new denominations. They never have had a three zeros exchange rate to be supporting the global financial system. They haven't done that in 21 years so why now? They never will as far as I'm concerned...they're never going to be the savior of anything at 1310.
10-12-2024 Intel Guru Bruce [via WiserNow] ...we heard...let's see the 16th, which would be Wednesday, is the day that Iraq is paying all of their contractors and paying any back pay that they need to pay...And it's also the day, Wednesday the 16th, the day of celebration in Iraq for this RV and their new rate on the dinar, etc. So it looks like our start date would be Wednesday the 16th, but it could be actually, that we would start on Tuesday. I know we're supposed to get notified on Tuesday whether we start exchanges or not. We'll have see, but the whole thing is lining up beautifully...I'm excited about the timing...
10-12-2024 Intel Guru Frank26 Articles...makes it very clear what they're doing - adding value by lifting the 3 zeros. It's right there. It's from the Prime Minister. It's from Alaq the governor of the CBI word for word. Anybody that tell you it's a scam, educate them because this is not Bigfoot. This is not a UFO. This is not Lock Ness. This is a reality...happening right before our eyes.
10-12-2024 Intel Guru MarkZ [via PDK] “Gold in Iraq: A promising future for mining” this article is from 2015 but tells us how much gold they have in the ground etc. I had the privilege of talking with someone in the industry dealing with equipment…they have started moving a lot of gold mining equipment to Iraq. Iraq’s gold mining industry is starting to explode. They know they have a tremendous amount of gold and rare earth minerals there. As a Matter of fact experts over there say they may actually eclipse their oil revenues.
10-12-2024 Newshound/Intel Guru Mnt Goat Article: “THE CENTRAL BANK CONTINUES THE ACTUAL IMPLEMENTATION OF BANKING REFORM PLANS” ...the CBI has completed the first phase of the banking reform process... First of all, we can confirm by this article that there is a plan and they are working towards it, and that is their road map...
10-11-2024 Newshound Guru Militia Man At the end of the day Iraq is showing us they're going international. We're going to watch it happen.
10-11-2024 Intel Guru MarkZ [via PDK] We do have some interesting news...Article: “Economic Researcher: The Iraqi budget enters the danger phase” This article is telling us we are about to see an exponential change.
10-11-2024 Intel Guru Frank26 Community comment: "I believe it will RV before the time they gave." The revaluation actually started in 2012... Revaluation is to revalue the currency...This is not to revalue the currency, they're going to reinstate it. It was $3.22 when it was brought down... Because of inflation do you think $3.22 would be fair over 20 years later? No I don't think so. Therefore the exchange rate is not going to 1000 is it? It's saying at 1320/1310. When they lift the three zeros that's be a little over a dollar for the citizens. Now that's fair.
10-11-2024 Newshound Guru Clare Article: "Ministry of Oil announces the start of exporting jet fuel" Quote: The Undersecretary added that the export process is a step in the right direction, to enhance Iraq's role globally among the countries producing and exporting oil and its derivatives, in addition to that it reflects the prospects for development in the Iraqi oil industry. He explained that the export operations of oil products contribute to increasing the financial revenues achieved from the activities of the oil sector, and thus supporting the national economy,"
10-11-2024 Newshound Guru Samson Article: "Kuwait withdraws citizenship from those accused of stealing the century in Iraq"
10-11-2024 Intel Guru MarkZ [via PDK] “The Minister of Finance says we need to adhere to timetables to achieve Economic Reforms” He is pointing out they have done an exceptional job but want to speed things up. Part of those economic reforms is an increase in the purchasing power... And they are modernizing their stock market. It has been a booming success.
10-11-2024 Newshound Guru Militia Man We had numerous articles about the WTO. We already knew they had completed their requirements. Now they're hammering it home again they're gearing to go international. What are we waiting for? I think what we're waiting for is the exposure of the 2024 tripartite budget. Why? Because it's go components in it for...investment to pay for the development projects.
10-11-2024 Intel Guru Wolverine [via Judy Byingston] The process has defiantly started...It is expected to happen within the next few days and [definitely] within this month.”
10-11-2024 Newshound Guru Pimpy The difference between Kuwait and Iraq is...Saddam Hussein printed so much money that their dollars were super inflated. They had to add zeros to their currency...Kuwait didn't add any zeros...If [Iraq is] going to go to that exchange rate of $3.28 they're not going to do it with these inflated dollars. They're first going to delete the zeros, then they'll change the exchange rate. That means your 25,000 dinar is only going to be 25 dinar...For us Americans when we go to make our exchange we now have a 25 note...times $3.28...Your 25 note is now worth $82...Is there a possibility they keep the zeros on there? Yeah, there's a possibility. Anything is possible...But...the odds are they're going to remove the zeros. [Post 2 of 2]
10-11-2024 Newshound Guru Pimpy The Kuwaiti dinar has always been the same denominations. Nothing has changed. When Iraq invaded Kuwait...you had quarter...half...one...five...ten...twenty. After Iraq was chased out...Kuwait just redenominated their currency. They changed the way the bank notes looked is all they changed...They didn't have to change the nominal value of the dollars....There never was a need to delete the zeros. Their currency was not inflated like Iraq's was...There was no inflated dollars, there wasn't a revalue, there was just a reinstatement. They just had new looking bank notes. That was it. When Iraq invaded Kuwait...[Iraq's] currency were lower denominations and their rate was $3.22... [Post 1 of 2....stay tuned]
10-11-2024 Intel Guru Frank26 Sometime in the 90s China decided they were going to raise the value of their currency by just a little bit. The speculation ran wild so the government of China decided to put out a full page ad in their newspaper that made it very clear, no our government is not in the process of adding value to our currency...3 Days later the Chinese yuan went up in value by a little small increment. Whoa. Why would you deny it?
10-11-2024 Intel Guru MarkZ [via PDK] “Iraq is the third largest Arab Nation with gold holdings” Iraq’s possession of gold has reached 152 tons. Let’s think about the values of other currencies in the region…like Jordan and Kuwait…Iraq is trouncing most of them in resources, physical gold etc… Iraq is making their case to support their higher value. And Iraq is diversifying with non oil revenues to support their currency. This is for safety and stability. Dr. Shabibi always said that if Iraq was safe and stable...he would give them a more valuable dinar...Iraq is one of the most safe and stable countries in the region and they are working hard at it.
10-11-2024 Newshound/Intel Guru Mnt Goat I have to start off with...some really good news, actually some WOW! WOW! WOW! news...we can see the path now and very clearly. So, finally we get word that Iraq has met all it requirements to join the World Trade Organization (WTO)...This DOES NOT make the RV imminent...all these recent activities and events matter and the RV is a “by product” of all these events not a singular event in itself... The view is now in sight and the writing is on the wall. So much on the wall that I do not believe anything is going to stop it short of a major disaster.
10-11-2024 Intel Guru MarkZ [via PDK] We do have some interesting news...Article: “Economic Researcher: The Iraqi budget enters the danger phase” This article is telling us we are about to see an exponential change.
10-11-2024 Intel Guru Frank26 Community comment: "I believe it will RV before the time they gave." The revaluation actually started in 2012... Revaluation is to revalue the currency...This is not to revalue the currency, they're going to reinstate it. It was $3.22 when it was brought down... Because of inflation do you think $3.22 would be fair over 20 years later? No I don't think so. Therefore the exchange rate is not going to 1000 is it? It's saying at 1320/1310. When they lift the three zeros that's be a little over a dollar for the citizens. Now that's fair.
10-11-2024 Newshound Guru Clare Article: "Ministry of Oil announces the start of exporting jet fuel" Quote: The Undersecretary added that the export process is a step in the right direction, to enhance Iraq's role globally among the countries producing and exporting oil and its derivatives, in addition to that it reflects the prospects for development in the Iraqi oil industry. He explained that the export operations of oil products contribute to increasing the financial revenues achieved from the activities of the oil sector, and thus supporting the national economy,"
10-11-2024 Newshound Guru Samson Article: "Kuwait withdraws citizenship from those accused of stealing the century in Iraq"
10-11-2024 Intel Guru MarkZ [via PDK] “The Minister of Finance says we need to adhere to timetables to achieve Economic Reforms” He is pointing out they have done an exceptional job but want to speed things up. Part of those economic reforms is an increase in the purchasing power... And they are modernizing their stock market. It has been a booming success.
10-11-2024 Newshound Guru Militia Man We had numerous articles about the WTO. We already knew they had completed their requirements. Now they're hammering it home again they're gearing to go international. What are we waiting for? I think what we're waiting for is the exposure of the 2024 tripartite budget. Why? Because it's go components in it for...investment to pay for the development projects.
10-11-2024 Intel Guru Wolverine [via Judy Byingston] The process has defiantly started...It is expected to happen within the next few days and [definitely] within this month.”
10-11-2024 Newshound Guru Pimpy The difference between Kuwait and Iraq is...Saddam Hussein printed so much money that their dollars were super inflated. They had to add zeros to their currency...Kuwait didn't add any zeros...If [Iraq is] going to go to that exchange rate of $3.28 they're not going to do it with these inflated dollars. They're first going to delete the zeros, then they'll change the exchange rate. That means your 25,000 dinar is only going to be 25 dinar...For us Americans when we go to make our exchange we now have a 25 note...times $3.28...Your 25 note is now worth $82...Is there a possibility they keep the zeros on there? Yeah, there's a possibility. Anything is possible...But...the odds are they're going to remove the zeros. [Post 2 of 2]
10-11-2024 Newshound Guru Pimpy The Kuwaiti dinar has always been the same denominations. Nothing has changed. When Iraq invaded Kuwait...you had quarter...half...one...five...ten...twenty. After Iraq was chased out...Kuwait just redenominated their currency. They changed the way the bank notes looked is all they changed...They didn't have to change the nominal value of the dollars....There never was a need to delete the zeros. Their currency was not inflated like Iraq's was...There was no inflated dollars, there wasn't a revalue, there was just a reinstatement. They just had new looking bank notes. That was it. When Iraq invaded Kuwait...[Iraq's] currency were lower denominations and their rate was $3.22... [Post 1 of 2....stay tuned]
10-11-2024 Intel Guru Frank26 Sometime in the 90s China decided they were going to raise the value of their currency by just a little bit. The speculation ran wild so the government of China decided to put out a full page ad in their newspaper that made it very clear, no our government is not in the process of adding value to our currency...3 Days later the Chinese yuan went up in value by a little small increment. Whoa. Why would you deny it?
10-11-2024 Intel Guru MarkZ [via PDK] “Iraq is the third largest Arab Nation with gold holdings” Iraq’s possession of gold has reached 152 tons. Let’s think about the values of other currencies in the region…like Jordan and Kuwait…Iraq is trouncing most of them in resources, physical gold etc… Iraq is making their case to support their higher value. And Iraq is diversifying with non oil revenues to support their currency. This is for safety and stability. Dr. Shabibi always said that if Iraq was safe and stable...he would give them a more valuable dinar...Iraq is one of the most safe and stable countries in the region and they are working hard at it.
10-11-2024 Newshound/Intel Guru Mnt Goat I have to start off with...some really good news, actually some WOW! WOW! WOW! news...we can see the path now and very clearly. So, finally we get word that Iraq has met all it requirements to join the World Trade Organization (WTO)...This DOES NOT make the RV imminent...all these recent activities and events matter and the RV is a “by product” of all these events not a singular event in itself... The view is now in sight and the writing is on the wall. So much on the wall that I do not believe anything is going to stop it short of a major disaster.
10-10-2024 Newshound Guru Militia Man The council of Ministers, who we've been talking about a lot have been in the news with Al Sudani. He had two COM meetings in one day, which is unheard of...You can see where this is headed ... What they're painting a picture of is Iraq is imminently going into the international world.
10-10-2024 Intel Guru MarkZ [via PDK] Sudani has said he wants to raise the purchasing price of the dinar for all Iraqis…both at home and abroad…He has also said he wants to restore the dinar to its former glory...
10-10-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Minister of Finance on TV saying they have activated the automation and digitization process. FRANK: That's important. Digitization...is the backbone of the monetary reform. That's what's going to move the currency in and out of the country but more so out there when it starts to float for us...That will add the Real Effective Exchange Rate to your currency.
10-10-2024 Newshound Guru Pimpy When they keep talking about returning to the 'glory days' they didn't have inflated dollars. [Iraqi citizens] weren't running around with 25,000 or 50,000 dinar notes. They were running around with much lower denominations. That is when the exchange rate was higher. It was against the lower Iraqi dinar denominations...At least be prepared for the fact that they're going to delete the zeros and then change the exchange rate. That is more likely to happen. Is it possible to leave the zeros on? Yeah, of course it it. But think realistically about all this...
10-10-2024 Newshound Guru Henig Article: "Trump Organization to develop $1.5 billion golf course and hotel project in Vietnam" Quote: "In mid-September, representatives from the Trump Organization visited the province and met Hung Yen authorities to discuss investment opportunities, according to the provincial administration...We are excited to enter this dynamic market. Vietnam has potential in the luxury hotel and entertainment industry, Eric Trump, Executive Vice President of The Trump Organization, also the second son of former President Donald Trump, said in the statement."
10-10-2024 Intel Guru MarkZ [via PDK] Articles out how Iraq has completed all the steps needed to join the WTO: We knew they had completed all the steps and now this is an official statement saying they are done. Many experts besides myself including other intel providers...and members of the Iraqi finance ministry believe this will bring us their increased rate.
10-10-2024 Intel Guru Wolverine ...What I heard is that huge Whales have received their notifications and are flying to their destination to receive their blessing...I can’t say more until I’m allowed to speak. Nothing is guaranteed in this journey but I have absolute faith that any day we are going to receive the news we’ve been waiting for...
10-10-2024 Newshound Guru Militia Man They're got e-government and their institutions doing payments electronically. 600 entities of the government already are doing it. That's huge. There's no turning back...The country of Iraq is embracing electronic digitization for the state institutions and the financial system progress has been massive...2 million cards the first year and 18 million more this year...It shows progress like no other...Turning on their new exchange rate will ignite the country into a digital revolution. The world will marvel over it...
10-10-2024 Intel Guru Frank26 Sudani on Friday told the citizens [in an article] we're lifting the three zeros to add value to your currency so you have purchasing power, all of this by the end of the year. Then the following day, Saturday, they [Barzani in Kurdistan] came out and they said word for word they're going to lift the value, they're going to add purchasing power, that's what Baghdad..the central bank...Sudani's people are saying. It looks like they want to get it done by the middle of October...
10-10-2024 Newshound Guru Clare Article: "The government completes the file to join the WTO" Quote: "Iraq has fulfilled all the requirements for joining the organization, through a package of legislation and laws currently being discussed to reform the current legal system to be in line with the requirements and controls of the international organization, such as coordinated trade policies throughout the country, including tariff rates and customs procedures."
10-10-2024 Intel Guru MarkZ [via PDK] If you follow most of their math on the REER (Real Effective Exchange Rate)…The worst case scenario or bare minimum it could possibly be is .76 cents... What we are expecting is in the high $3 range or low $4 range which makes the most economic sense. I am still being told to expect higher than that.
10-10-2024 Intel Guru Bruce [via WiserNow] ...as far as our timing for this...people are telling us...essentially it's coming from three separate sources...Two of them are saying we could get notified anytime between Friday...and Monday, the 14th...One source is indicating...any time from...the ninth through the 14th.
10-10-2024 Intel Guru MarkZ [via PDK] Sudani has said he wants to raise the purchasing price of the dinar for all Iraqis…both at home and abroad…He has also said he wants to restore the dinar to its former glory...
10-10-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Minister of Finance on TV saying they have activated the automation and digitization process. FRANK: That's important. Digitization...is the backbone of the monetary reform. That's what's going to move the currency in and out of the country but more so out there when it starts to float for us...That will add the Real Effective Exchange Rate to your currency.
10-10-2024 Newshound Guru Pimpy When they keep talking about returning to the 'glory days' they didn't have inflated dollars. [Iraqi citizens] weren't running around with 25,000 or 50,000 dinar notes. They were running around with much lower denominations. That is when the exchange rate was higher. It was against the lower Iraqi dinar denominations...At least be prepared for the fact that they're going to delete the zeros and then change the exchange rate. That is more likely to happen. Is it possible to leave the zeros on? Yeah, of course it it. But think realistically about all this...
10-10-2024 Newshound Guru Henig Article: "Trump Organization to develop $1.5 billion golf course and hotel project in Vietnam" Quote: "In mid-September, representatives from the Trump Organization visited the province and met Hung Yen authorities to discuss investment opportunities, according to the provincial administration...We are excited to enter this dynamic market. Vietnam has potential in the luxury hotel and entertainment industry, Eric Trump, Executive Vice President of The Trump Organization, also the second son of former President Donald Trump, said in the statement."
10-10-2024 Intel Guru MarkZ [via PDK] Articles out how Iraq has completed all the steps needed to join the WTO: We knew they had completed all the steps and now this is an official statement saying they are done. Many experts besides myself including other intel providers...and members of the Iraqi finance ministry believe this will bring us their increased rate.
10-10-2024 Intel Guru Wolverine ...What I heard is that huge Whales have received their notifications and are flying to their destination to receive their blessing...I can’t say more until I’m allowed to speak. Nothing is guaranteed in this journey but I have absolute faith that any day we are going to receive the news we’ve been waiting for...
10-10-2024 Newshound Guru Militia Man They're got e-government and their institutions doing payments electronically. 600 entities of the government already are doing it. That's huge. There's no turning back...The country of Iraq is embracing electronic digitization for the state institutions and the financial system progress has been massive...2 million cards the first year and 18 million more this year...It shows progress like no other...Turning on their new exchange rate will ignite the country into a digital revolution. The world will marvel over it...
10-10-2024 Intel Guru Frank26 Sudani on Friday told the citizens [in an article] we're lifting the three zeros to add value to your currency so you have purchasing power, all of this by the end of the year. Then the following day, Saturday, they [Barzani in Kurdistan] came out and they said word for word they're going to lift the value, they're going to add purchasing power, that's what Baghdad..the central bank...Sudani's people are saying. It looks like they want to get it done by the middle of October...
10-10-2024 Newshound Guru Clare Article: "The government completes the file to join the WTO" Quote: "Iraq has fulfilled all the requirements for joining the organization, through a package of legislation and laws currently being discussed to reform the current legal system to be in line with the requirements and controls of the international organization, such as coordinated trade policies throughout the country, including tariff rates and customs procedures."
10-10-2024 Intel Guru MarkZ [via PDK] If you follow most of their math on the REER (Real Effective Exchange Rate)…The worst case scenario or bare minimum it could possibly be is .76 cents... What we are expecting is in the high $3 range or low $4 range which makes the most economic sense. I am still being told to expect higher than that.
10-10-2024 Intel Guru Bruce [via WiserNow] ...as far as our timing for this...people are telling us...essentially it's coming from three separate sources...Two of them are saying we could get notified anytime between Friday...and Monday, the 14th...One source is indicating...any time from...the ninth through the 14th.
10-9-2024 Intel Guru MarkZ [via PDK] ...the Export Import bank of the United states has approved $297 Million for an energy efficiency project in Iraq. This money would not be going to Iraq if it wasn’t going to be safe and stable…and if they could not pay those loans back. They are counting on an International Iraq with a real effect exchange rate.
10-9-2024 Newshound Guru Samson Article: "US Ambassador: We are committed to supporting Iraq's security, stability and sovereignty"
10-9-2024 Intel Guru Frank26 Article "Salaries next week.. Baghdad sends 329 billion dinars to Erbil and the latter indicates a decrease in the amount - Urgent" A DECREASE IN THE AMOUNT EQUALS AN INCREASE IN THE EXCHANGE RATE.
10-9-2024 Guest Guru SkyWalker The project [to delete the zeros] is more then just the currency or an exchange rate. The monetary reforms, banking reforms, building up the reserves at the CBI, buying gold, making laws that attract foreign direct investment, fighting corruption, increasing international trade, connectivity with international finance platforms, are just some of the instruments that will justify the RV. When the CBI is ready the new currency will be introduced with higher value that will be fashioned specifically for the new macro and micro Iraqi economy.
10-9-2024 Newshound Guru BobTheTaxMan We're in a speculative game with Iraq...We've had all the ups and downs and all the thrills and spills that go along with the conspiracy theories... The truth of the matter is it has the possibilities. If it didn't have the possibilities...I wouldn't be following it anymore ...I've got better things to do. But it's at a very peril position at the moment. We got to watch and see what's going to happen...
10-9-2024 Intel Guru MarkZ [via PDK] “Parliamentary Finance: These are the reasons for the rise in the exchange rate of the dollar against the Iraqi dinar” There have been fluctuations going on right now. The Central Bank is saying “It’s not us” They have a pegged exchange rate and the inconsistencies are because of smugglers and unscrupulous business people in some unlicensed exchange offices. The reality is that this is going to exist until the value of the dinar is the same or more than the rate of the US dollar. And they know it at the Central Bank. They know this problem will instantly go away the moment they get a rate change... I think the Central bank is letting us know how close they are to the REER. (Real Effective Exchange Rate)
10-9-2024 Newshound Guru Clare Article Quote: "The Central Bank continues the actual implementation of banking reform plans" Quote: "The Supreme Executive Committee for the Strategy began its work and held its first meeting headed by the Governor of the Central Bank, which is a clear announcement of the beginning of the actual phase of implementing its strategies for banking reform...What we expect from the procedures and policies adopted by the Central Bank, what has been achieved, and what will be achieved later will be reflected in achieving economic stability by overcoming the challenges of stability in the financial and monetary system, which will contribute to the stability of the exchange rate and the recovery of the Iraqi dinar inevitably"
10-9-2024 Newshound Guru Militia Man It's one of those nail biting time-frames for us all because we've all been here and we've been watching this whole investment unfold. It looks like Al-Sudani and his teams have communicated well globally and are going to produce...
10-9-2024 Newshound Guru Samson Article: "The government completes the file of joining the WTO"
10-9-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is showing there was meetings going on. These meetings are every day. They say there was Sudani who had his meeting with his Finance Minister and all of the lead bank officials and with the audit companies. FRANK: Sudani meeting with the powerhouse of his monetary reform. FIREFLY: It looks like Sudani is crossing all of his T's and dotting all of his I's one last time!
10-9-2024 Intel Guru MarkZ [via PDK] “Al Alaq: Bank lending strategy aims to stimulate the economy” This is part of the monetary reforms. We are watching them do the reforms. We are watching the deletion of the zeros and the raising of the values…
10-9-2024 Newshound/Intel Guru Mnt Goat My contact in the CBI has told me many times that ...The Project To Delete the Zeros cannot be skipped...I also have to say we are NOT going to just see the IQD pop out on FOREX some morning when the exchanges open with prior knowledge that it is coming. The citizens of Iraq must be informed of any rate changes in order to conduct the Project to Delete the Zeros... Why do you think they are sending out all these articles? It’s called educating the citizens.
10-9-2024 Newshound Guru Samson Article: "US Ambassador: We are committed to supporting Iraq's security, stability and sovereignty"
10-9-2024 Intel Guru Frank26 Article "Salaries next week.. Baghdad sends 329 billion dinars to Erbil and the latter indicates a decrease in the amount - Urgent" A DECREASE IN THE AMOUNT EQUALS AN INCREASE IN THE EXCHANGE RATE.
10-9-2024 Guest Guru SkyWalker The project [to delete the zeros] is more then just the currency or an exchange rate. The monetary reforms, banking reforms, building up the reserves at the CBI, buying gold, making laws that attract foreign direct investment, fighting corruption, increasing international trade, connectivity with international finance platforms, are just some of the instruments that will justify the RV. When the CBI is ready the new currency will be introduced with higher value that will be fashioned specifically for the new macro and micro Iraqi economy.
10-9-2024 Newshound Guru BobTheTaxMan We're in a speculative game with Iraq...We've had all the ups and downs and all the thrills and spills that go along with the conspiracy theories... The truth of the matter is it has the possibilities. If it didn't have the possibilities...I wouldn't be following it anymore ...I've got better things to do. But it's at a very peril position at the moment. We got to watch and see what's going to happen...
10-9-2024 Intel Guru MarkZ [via PDK] “Parliamentary Finance: These are the reasons for the rise in the exchange rate of the dollar against the Iraqi dinar” There have been fluctuations going on right now. The Central Bank is saying “It’s not us” They have a pegged exchange rate and the inconsistencies are because of smugglers and unscrupulous business people in some unlicensed exchange offices. The reality is that this is going to exist until the value of the dinar is the same or more than the rate of the US dollar. And they know it at the Central Bank. They know this problem will instantly go away the moment they get a rate change... I think the Central bank is letting us know how close they are to the REER. (Real Effective Exchange Rate)
10-9-2024 Newshound Guru Clare Article Quote: "The Central Bank continues the actual implementation of banking reform plans" Quote: "The Supreme Executive Committee for the Strategy began its work and held its first meeting headed by the Governor of the Central Bank, which is a clear announcement of the beginning of the actual phase of implementing its strategies for banking reform...What we expect from the procedures and policies adopted by the Central Bank, what has been achieved, and what will be achieved later will be reflected in achieving economic stability by overcoming the challenges of stability in the financial and monetary system, which will contribute to the stability of the exchange rate and the recovery of the Iraqi dinar inevitably"
10-9-2024 Newshound Guru Militia Man It's one of those nail biting time-frames for us all because we've all been here and we've been watching this whole investment unfold. It looks like Al-Sudani and his teams have communicated well globally and are going to produce...
10-9-2024 Newshound Guru Samson Article: "The government completes the file of joining the WTO"
10-9-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is showing there was meetings going on. These meetings are every day. They say there was Sudani who had his meeting with his Finance Minister and all of the lead bank officials and with the audit companies. FRANK: Sudani meeting with the powerhouse of his monetary reform. FIREFLY: It looks like Sudani is crossing all of his T's and dotting all of his I's one last time!
10-9-2024 Intel Guru MarkZ [via PDK] “Al Alaq: Bank lending strategy aims to stimulate the economy” This is part of the monetary reforms. We are watching them do the reforms. We are watching the deletion of the zeros and the raising of the values…
10-9-2024 Newshound/Intel Guru Mnt Goat My contact in the CBI has told me many times that ...The Project To Delete the Zeros cannot be skipped...I also have to say we are NOT going to just see the IQD pop out on FOREX some morning when the exchanges open with prior knowledge that it is coming. The citizens of Iraq must be informed of any rate changes in order to conduct the Project to Delete the Zeros... Why do you think they are sending out all these articles? It’s called educating the citizens.
10-8-2024 Newshound Guru Militia Man Everybody knows that Iraq...said back in September of 2023...that Iraq was going to be the savior of the international financial system, bring confidence to the financial system in the largest banks in the world...They've been working on this to do what they said they were going to do.
10-8-2024 Intel Guru MarkZ [via PDK] “Iraqi Government issues new decisions” Everything in this article that they have just done is screaming REER. (Real Effective Exchange Rate) And that is what I am hearing from my folks at the Finance Ministry. They believe we are circling close to the rate change.
10-8-2024 Intel Guru Frank26 A lot of people unfortunately are considering this a lop...You really think they're going to take a pair of scissors and go click, click, click [cutting off zeros from the physical notes]? What is this...it's got holes in it? You just cut it all up...No, if they did that it's called a lop...So where does it come off of? A [physical note] is called a currency. You're not going to take it off the bill...Iraq's exchange rate is .00076981 . You take the decimal point and you move it over to the right three spaces because that's three zeros and this becomes $0.76 . Got it? This is purchasing power when you change the exchange rate by lifting 3 zeros. What is the exchange rate right now in Iraq? 1320 . When they change the exchange rate that will become internally for the Iraqi citizens 1.320
10-8-2024 Newshound Guru Breitling Right now I don't have confidence in Iraq's economy because what's at stake, what's going on. Even if they build a minor version of what they want to do [Development Road Project], it's not going to be as big as what they need it to be. They needed to pick the right side [East or the West], they didn't. The indicators that they didn't pick the right side is that Hezbollah and Hamas were going to build their headquarters in Iraq...It doesn't look like they're going to be part of our markets. They're making bad bad moves right now. For the first time. Hezbollah is a shell of what they used to be so we'll see how things work out.
10-8-2024 Intel Guru MarkZ [via PDK] “Uncover the features of the 2025 budget schedules” They are hard at work right now letting us know they are working…We are looking for a new value as they do this.
10-8-2024 Newshound Guru Pimpy When we're trying to judge where the Iraqi dinar is, we're talking about where it is right now. But wait, there's other things out there that would benefit the Iraq dinar...People wanted to know what I was talking about...The Road and Rail Project would improve the value of the Iraqi dinar. Iraq has been focusing on improving its infrastructure, particularly in road and rail transportation as part of the broader economic development strategy...The more people are working, the more people got money, the more people that have money, the more people go out and shop, which is exactly what Iraq needs to stimulate the economy.
10-8-2024 Newshound Guru Clare Article: "Sudanese advisor: Most state employees do not know how to use computers" Quote: “Iraq suffers from a weakness in human resources for digital transformation...We are in the process of creating a digital academy to appoint and train millions of employees
... The academy is being built by the private sector, not the state, and in cooperation with Microsoft and Apple...The Iraqi state has 5.25 million employees, most of whom do not know how to use computers."
10-8-2024 Newshound Guru Sandy Ingram Russia has channeled $19 billion into Iraq's energy sector, changing the game...The investment not only aims to enhance Iraq's economic growth but also reflects Russia's strategic interests in the Middle East. This $19 billion investment marks a significant chapter in the long-standing relationship between the two countries, promising mutual benefits and a strengthened alliance.
10-8-2024 Intel Guru MarkZ [via PDK] “Salaries next week: Baghdad sends 29 Billion dinars to Erbil: The latter indicates a shortage of this amount” They are moving and salaries are being paid…months worth of salaries…. “Iraqi banks are extending working hours to complete those remittances” Many of us believe they stalled on those salary payouts waiting for a value change. I have a contact in the Finance Ministry who believes that as well…Now they are paying them.
10-8-2024 Intel Guru Wolverine [via Judy Byington] The digital banking system in Iraq has been spreading salaries for three days. Digital banking system is working now in Iraq. The rate can change any moment from now.
10-8-2024 Newshound Guru Militia Man Changes are coming and it's coming fast. You should be very happy about it.
10-8-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh on TV saying digital banking is the next stage for the digital transformation FRANK: Yeah, give us the new exchange rate so it can move...If they weren't about to do that why in the world would they teach you all of this information right now? FIREFLY: Yes...it's a good point. My bank friend even told me that all this information if for us not to miss out on the monetary reform.
10-8-2024 Intel Guru MarkZ [via PDK] Article: “Sudanese consultant: Digital Transformation will enhance Iraq’s efficiency and attract foreign investments” They are bringing in billions in international investments …These big investors would not be investing billions of dollars in some backwater country with a useless currency…. It wouldn’t be happening….
10-8-2024 Intel Guru MarkZ [via PDK] “Iraqi Government issues new decisions” Everything in this article that they have just done is screaming REER. (Real Effective Exchange Rate) And that is what I am hearing from my folks at the Finance Ministry. They believe we are circling close to the rate change.
10-8-2024 Intel Guru Frank26 A lot of people unfortunately are considering this a lop...You really think they're going to take a pair of scissors and go click, click, click [cutting off zeros from the physical notes]? What is this...it's got holes in it? You just cut it all up...No, if they did that it's called a lop...So where does it come off of? A [physical note] is called a currency. You're not going to take it off the bill...Iraq's exchange rate is .00076981 . You take the decimal point and you move it over to the right three spaces because that's three zeros and this becomes $0.76 . Got it? This is purchasing power when you change the exchange rate by lifting 3 zeros. What is the exchange rate right now in Iraq? 1320 . When they change the exchange rate that will become internally for the Iraqi citizens 1.320
10-8-2024 Newshound Guru Breitling Right now I don't have confidence in Iraq's economy because what's at stake, what's going on. Even if they build a minor version of what they want to do [Development Road Project], it's not going to be as big as what they need it to be. They needed to pick the right side [East or the West], they didn't. The indicators that they didn't pick the right side is that Hezbollah and Hamas were going to build their headquarters in Iraq...It doesn't look like they're going to be part of our markets. They're making bad bad moves right now. For the first time. Hezbollah is a shell of what they used to be so we'll see how things work out.
10-8-2024 Intel Guru MarkZ [via PDK] “Uncover the features of the 2025 budget schedules” They are hard at work right now letting us know they are working…We are looking for a new value as they do this.
10-8-2024 Newshound Guru Pimpy When we're trying to judge where the Iraqi dinar is, we're talking about where it is right now. But wait, there's other things out there that would benefit the Iraq dinar...People wanted to know what I was talking about...The Road and Rail Project would improve the value of the Iraqi dinar. Iraq has been focusing on improving its infrastructure, particularly in road and rail transportation as part of the broader economic development strategy...The more people are working, the more people got money, the more people that have money, the more people go out and shop, which is exactly what Iraq needs to stimulate the economy.
10-8-2024 Newshound Guru Clare Article: "Sudanese advisor: Most state employees do not know how to use computers" Quote: “Iraq suffers from a weakness in human resources for digital transformation...We are in the process of creating a digital academy to appoint and train millions of employees
... The academy is being built by the private sector, not the state, and in cooperation with Microsoft and Apple...The Iraqi state has 5.25 million employees, most of whom do not know how to use computers."
10-8-2024 Newshound Guru Sandy Ingram Russia has channeled $19 billion into Iraq's energy sector, changing the game...The investment not only aims to enhance Iraq's economic growth but also reflects Russia's strategic interests in the Middle East. This $19 billion investment marks a significant chapter in the long-standing relationship between the two countries, promising mutual benefits and a strengthened alliance.
10-8-2024 Intel Guru MarkZ [via PDK] “Salaries next week: Baghdad sends 29 Billion dinars to Erbil: The latter indicates a shortage of this amount” They are moving and salaries are being paid…months worth of salaries…. “Iraqi banks are extending working hours to complete those remittances” Many of us believe they stalled on those salary payouts waiting for a value change. I have a contact in the Finance Ministry who believes that as well…Now they are paying them.
10-8-2024 Intel Guru Wolverine [via Judy Byington] The digital banking system in Iraq has been spreading salaries for three days. Digital banking system is working now in Iraq. The rate can change any moment from now.
10-8-2024 Newshound Guru Militia Man Changes are coming and it's coming fast. You should be very happy about it.
10-8-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh on TV saying digital banking is the next stage for the digital transformation FRANK: Yeah, give us the new exchange rate so it can move...If they weren't about to do that why in the world would they teach you all of this information right now? FIREFLY: Yes...it's a good point. My bank friend even told me that all this information if for us not to miss out on the monetary reform.
10-8-2024 Intel Guru MarkZ [via PDK] Article: “Sudanese consultant: Digital Transformation will enhance Iraq’s efficiency and attract foreign investments” They are bringing in billions in international investments …These big investors would not be investing billions of dollars in some backwater country with a useless currency…. It wouldn’t be happening….
10-7-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
They are telling us deleting zeros and enhancing value. We never heard this before. FRANK26: This is extremely impressive in the way the monetary reform is coming to you faster. We predicted this. It's good to see it happening.
10-7-2024 Intel Guru MarkZ [via PDK] I am still hearing great things from bonds, to banks to groups…. Keep your ears open and your eyes peeled. Hopefully we will get some stunning news tomorrow.
10-7-2024 Guest Guru SkyWalker Removing or as Dr. Shabibi said cutting zeros, IMO is not a lop. Many are confused on what deleting zeros means. How did the inflationary zeros get on the dinar we hold? The Saddam Swiss dinar was collected and swapped for the new dinar...Deleting the zeros is simply repeating the process by collecting three zero notes back to the banks and swapping them with lower notes.
10-7-2024 Intel Guru MarkZ [via PDK] From the banking side...from someone who works in wealth management. They said “We would not be doing this level of preparation if we weren’t close”. In other words they should not be working weekends or throughout the week at this level if we were not close. They wouldn’t give me what to expect date-wise…but I find that encouraging.
10-7-2024 Newshound Guru Breitling What was it I was looking at very specifically in Iraq that gave me confidence that they were going to add value to their currency, outside of them just saying that's what they're going to do, Out side of it being an artificially inflation because the inflation was created by the amount of dinar they would print and mint And outside of their US dollar accounts, remember their oil is sold in US dollars and those funds are held in a federal bank in New York City? So what was it that gave me confidence...? ...My whole thing is trade and trade routes...You follow the trade routes, you follow where the wealth is at or potential wealth coming down the road. That's what I was watching. You had trade coming down from India and going through Iraq...Iraq up to Turkey and Turkey to the European markets. That's what I had confidence in. I knew that. They had to put it together...
10-7-2024 Newshound/Intel Guru Walkingstick [Aki Iraqi bank manager friend in U.S update] I have just been given my latest orders. I am being told to stay close to home. I will not be able to go to Thanksgiving...Christmas with my friends. My orders tell me that I am to stay here in Dearborn. The CBI bank is going to make us very busy during these holidays. We are having a lot of Iraqi citizens coming into our banks here...They...are talking to us about the same thing you are asking us. They found out they're going to get their HCL. They found out about the cards. They want to know how they're going to get their retirement money outside of Iraq. They also what to know if they will also be able to receive the new lower notes.
10-7-2024 Intel Guru MarkZ [via PDK] Question: Are the goal posts moving again? MarkZ: I do not believe our goal posts are moving…I believe things are funneling quickly in the right direction.
10-7-2024 Newshound Guru Militia Man A new [financial] system that is fast and effect - digitally. Hopefully they're talking about they're going to have to have an exchange rate to do that. A Real Effective Exchange Rate gets them across borders. From here on out a different playing field, a digital playing field. I think that's where we are. I think it's really powerful information.
10-7-2024 Newshound Guru Clare Article: "Al-Sudani sends a message to the US President: We are on the verge of a dangerous slide" Quote: "Iraqi Prime Minister Mohammed Shia al-Sudani said in a letter addressed to US President Joe Biden and the European Union countries, on Sunday, that the region is on the verge of a dangerous slide that could drag it and the world into ongoing wars."
10-7-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is talking about what will happen once the currency auctions are stopped. They are talking about Iraq has a process to develop the infrastructure, this will protect us and give more security and stability to our currency through the CBI. FRANK: This is all part of the monetary reform education to you. When they stop those auctions it will completely freeze Iran from stealing and the corruption...and will open the door wide open for a new exchange rate and your lower notes...
10-7-2024 Intel Guru MarkZ [via PDK] “Al Rafidain: More the 4 Trillion dinars electronic collection amounts for government departments" this is a marked improvement to the government...a big increase in revenue from getting rid of graft and inefficiency by using electronic systems. They are very much streamlining their government. This has made a massive difference in stability in Iraq.
They are telling us deleting zeros and enhancing value. We never heard this before. FRANK26: This is extremely impressive in the way the monetary reform is coming to you faster. We predicted this. It's good to see it happening.
10-7-2024 Intel Guru MarkZ [via PDK] I am still hearing great things from bonds, to banks to groups…. Keep your ears open and your eyes peeled. Hopefully we will get some stunning news tomorrow.
10-7-2024 Guest Guru SkyWalker Removing or as Dr. Shabibi said cutting zeros, IMO is not a lop. Many are confused on what deleting zeros means. How did the inflationary zeros get on the dinar we hold? The Saddam Swiss dinar was collected and swapped for the new dinar...Deleting the zeros is simply repeating the process by collecting three zero notes back to the banks and swapping them with lower notes.
10-7-2024 Intel Guru MarkZ [via PDK] From the banking side...from someone who works in wealth management. They said “We would not be doing this level of preparation if we weren’t close”. In other words they should not be working weekends or throughout the week at this level if we were not close. They wouldn’t give me what to expect date-wise…but I find that encouraging.
10-7-2024 Newshound Guru Breitling What was it I was looking at very specifically in Iraq that gave me confidence that they were going to add value to their currency, outside of them just saying that's what they're going to do, Out side of it being an artificially inflation because the inflation was created by the amount of dinar they would print and mint And outside of their US dollar accounts, remember their oil is sold in US dollars and those funds are held in a federal bank in New York City? So what was it that gave me confidence...? ...My whole thing is trade and trade routes...You follow the trade routes, you follow where the wealth is at or potential wealth coming down the road. That's what I was watching. You had trade coming down from India and going through Iraq...Iraq up to Turkey and Turkey to the European markets. That's what I had confidence in. I knew that. They had to put it together...
10-7-2024 Newshound/Intel Guru Walkingstick [Aki Iraqi bank manager friend in U.S update] I have just been given my latest orders. I am being told to stay close to home. I will not be able to go to Thanksgiving...Christmas with my friends. My orders tell me that I am to stay here in Dearborn. The CBI bank is going to make us very busy during these holidays. We are having a lot of Iraqi citizens coming into our banks here...They...are talking to us about the same thing you are asking us. They found out they're going to get their HCL. They found out about the cards. They want to know how they're going to get their retirement money outside of Iraq. They also what to know if they will also be able to receive the new lower notes.
10-7-2024 Intel Guru MarkZ [via PDK] Question: Are the goal posts moving again? MarkZ: I do not believe our goal posts are moving…I believe things are funneling quickly in the right direction.
10-7-2024 Newshound Guru Militia Man A new [financial] system that is fast and effect - digitally. Hopefully they're talking about they're going to have to have an exchange rate to do that. A Real Effective Exchange Rate gets them across borders. From here on out a different playing field, a digital playing field. I think that's where we are. I think it's really powerful information.
10-7-2024 Newshound Guru Clare Article: "Al-Sudani sends a message to the US President: We are on the verge of a dangerous slide" Quote: "Iraqi Prime Minister Mohammed Shia al-Sudani said in a letter addressed to US President Joe Biden and the European Union countries, on Sunday, that the region is on the verge of a dangerous slide that could drag it and the world into ongoing wars."
10-7-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is talking about what will happen once the currency auctions are stopped. They are talking about Iraq has a process to develop the infrastructure, this will protect us and give more security and stability to our currency through the CBI. FRANK: This is all part of the monetary reform education to you. When they stop those auctions it will completely freeze Iran from stealing and the corruption...and will open the door wide open for a new exchange rate and your lower notes...
10-7-2024 Intel Guru MarkZ [via PDK] “Al Rafidain: More the 4 Trillion dinars electronic collection amounts for government departments" this is a marked improvement to the government...a big increase in revenue from getting rid of graft and inefficiency by using electronic systems. They are very much streamlining their government. This has made a massive difference in stability in Iraq.
10-6-2024 Newshound Guru Militia Man If you add up the oil, non-oil, tourism, all of the thing that's where they're going to be able to support the value of their exchange rate with a Real Effective Exchange Rate - Once approved by the IMF, Bank of International Settlements, The World Bank...This is really getting hot!
10-6-2024 Intel Guru Frank26 I suggested if you had a receipt and you've had your currency for more than a year, you'll be in the 15% to 20% tax bracket. Oh, but if you don't have a receipt or if you try to exchange your currency before...one year of you having it, you'll probably be in the 40% range...IMO [Dinar Guru Note: Consult with your financial and tax advisors at the appropriate time to determine the right taxes of exchange for your unique circumstances]
10-6-2024 Newshound Guru Kaperoni Article: "International Praise for the Central Bank of Iraq: A Model for Developing Strategies that Serve the Development of the Banking Sector"
10-6-2024 Newshound Guru Pimpy Article: "Customs: Our revenues during 7 months of this year exceeded one trillion dinars" This is awesome to see! The crazy thing is, I remember in 2018-2019 this was one of those problem areas for Iraq. There was a lot of illegal activities, a lot of bribing going on... Quote "the authorities hope the revenues will reach 2 trillion by the end of this year..." That's one hell of an increase...
10-6-2024 Newshound Guru Sandy Ingram As of August 2024 the United States debt is $25 Trillion. Income taxes...by the end of the year the US will have collected $5 Trillion. The US government will spend $6.3 Trillion this year. This means the government has overspent by around $1.9 trillion dollars. The US is off budget...The government cannot lower its annual budget. It will more than likely pursue higher inflation and we will have to survive this financial situation... The Untied States hold 35 billion Iraqi dinars. An increase in value of the IQD will go a long way in paying down the US national debt...
10-6-2024 Intel Guru RayRens98 [via Babysmom] WAITING TO HEAR WHAT HAPPENS WHEN THE MARKET OPENS AT 5PM EST TODAY, HEARING INFO FROM BAGHDAD (FROM MOSQUES) ABOUT POSSIBLE RATE CHANGES, WAITING TO GET CONFIRMATION.
10-6-2024 Newshound Guru Militia Man World Bank Article: "Iraq has made progress in improving their business environment making it globally competitive" The World Bank is telling you, the world, Iraq is globally competitive so they're going to have to be Article VIII, Article XIV compliant with the IMF's concerns when it comes to their exchange rate. Is this a precursor to a move? It sounds like it.
10-6-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
We seeing in TV a special report show saying what if 1000 dinars became 1 dinar. They talking about deleting the zeros again. They've been showing this all day. They just repeat it over and over again. And they're saying it's all tied to the reforms. They talk about all the good and some of the bad...We never seen them talk like this before. FRANK: These are the commercials we talked to you about that were going to be educating you on the purchasing power...They are telling you they lifted 3 zeros from the exchange rate in order for that 1,000 note to become a 1 note...They are not lifting the 3 zeros from your physical cash.
10-6-2024 Intel Guru MarkZ [via PDK] ...Chase always saying they have nothing to do with Iraq…but in the meantime they are opening 10 branches in Iraq while working with them to update their banking system.
10-6-2024 Newshound/Intel Guru Mnt Goat I was also told to watch for yet more articles in the news about the project to delete the zeros but to be aware that ONLY the ones coming from her committee on this subject matter can be trusted. As you know my contact works on the committee from the Central Bank and it has been given the task of ensuring a smooth process. I was also told
that in late November or early December we will see the newer lower denominations and their pictures and features depicted on the CBI site. The ending of the currency auctions at the end of 2024 will also be signal to us that everything is moving correctly and we should see the IQD returned or reinstated back to FOREX in early 2025.
10-6-2024 Intel Guru Frank26 I suggested if you had a receipt and you've had your currency for more than a year, you'll be in the 15% to 20% tax bracket. Oh, but if you don't have a receipt or if you try to exchange your currency before...one year of you having it, you'll probably be in the 40% range...IMO [Dinar Guru Note: Consult with your financial and tax advisors at the appropriate time to determine the right taxes of exchange for your unique circumstances]
10-6-2024 Newshound Guru Kaperoni Article: "International Praise for the Central Bank of Iraq: A Model for Developing Strategies that Serve the Development of the Banking Sector"
10-6-2024 Newshound Guru Pimpy Article: "Customs: Our revenues during 7 months of this year exceeded one trillion dinars" This is awesome to see! The crazy thing is, I remember in 2018-2019 this was one of those problem areas for Iraq. There was a lot of illegal activities, a lot of bribing going on... Quote "the authorities hope the revenues will reach 2 trillion by the end of this year..." That's one hell of an increase...
10-6-2024 Newshound Guru Sandy Ingram As of August 2024 the United States debt is $25 Trillion. Income taxes...by the end of the year the US will have collected $5 Trillion. The US government will spend $6.3 Trillion this year. This means the government has overspent by around $1.9 trillion dollars. The US is off budget...The government cannot lower its annual budget. It will more than likely pursue higher inflation and we will have to survive this financial situation... The Untied States hold 35 billion Iraqi dinars. An increase in value of the IQD will go a long way in paying down the US national debt...
10-6-2024 Intel Guru RayRens98 [via Babysmom] WAITING TO HEAR WHAT HAPPENS WHEN THE MARKET OPENS AT 5PM EST TODAY, HEARING INFO FROM BAGHDAD (FROM MOSQUES) ABOUT POSSIBLE RATE CHANGES, WAITING TO GET CONFIRMATION.
10-6-2024 Newshound Guru Militia Man World Bank Article: "Iraq has made progress in improving their business environment making it globally competitive" The World Bank is telling you, the world, Iraq is globally competitive so they're going to have to be Article VIII, Article XIV compliant with the IMF's concerns when it comes to their exchange rate. Is this a precursor to a move? It sounds like it.
10-6-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
We seeing in TV a special report show saying what if 1000 dinars became 1 dinar. They talking about deleting the zeros again. They've been showing this all day. They just repeat it over and over again. And they're saying it's all tied to the reforms. They talk about all the good and some of the bad...We never seen them talk like this before. FRANK: These are the commercials we talked to you about that were going to be educating you on the purchasing power...They are telling you they lifted 3 zeros from the exchange rate in order for that 1,000 note to become a 1 note...They are not lifting the 3 zeros from your physical cash.
10-6-2024 Intel Guru MarkZ [via PDK] ...Chase always saying they have nothing to do with Iraq…but in the meantime they are opening 10 branches in Iraq while working with them to update their banking system.
10-6-2024 Newshound/Intel Guru Mnt Goat I was also told to watch for yet more articles in the news about the project to delete the zeros but to be aware that ONLY the ones coming from her committee on this subject matter can be trusted. As you know my contact works on the committee from the Central Bank and it has been given the task of ensuring a smooth process. I was also told
that in late November or early December we will see the newer lower denominations and their pictures and features depicted on the CBI site. The ending of the currency auctions at the end of 2024 will also be signal to us that everything is moving correctly and we should see the IQD returned or reinstated back to FOREX in early 2025.
10-5-2024 Newshound Guru Militia Man Everybody should be going, 'come on Iraq! Come on World Bank! Come on Bank of International Settlements, IMF, US Treasury, US Federal Reserve!' All those players have been involved and they still are...They are not going to have a 1310 exchange rate. They're going to move to a Real Effective Exchange Rate based on fundamentals based off their non-oil products, non-oil revenues that will exceed in may cases oil output.
10-5-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy told me a real rate international for us in his opinion is just north of $4.00. FRANK: Didn't we say that it would be somewhere between $3.86 up to $4.25? ...Of course it's only an opinion by Mr. Sammy and me but we both know Mr. Sammy's information has always been spot on...You are so close.
10-5-2024 Newshound Guru Pimpy Article: "The International Coalition officially announces the end of its mission in Iraq within 12 months" It must be that time of the year...Every year they say the same thing, within 12 months.
10-5-2024 Newshound Guru Clare Article: "The government-owned Rafidain Bank announced on Friday that it has collected more than four trillion dinars electronically for the benefit of 700 government departments...the total amounts that were settled and collected for the benefit of those government departments and deposited in their accounts at Rafidain Bank amounted to more than four trillion dinars."
10-5-2024 Guest Guru SkyWalker Flashback Article: "23 June 2011 the Central Bank of Iraq announced it is planning to delete zeros from the Iraqi dinar, and add Kurdish to the Arabic text on the notes. Said the adviser of Iraqi Central Bank governor Mothahhar Mohammed Saleh, 'The project of deleting zeroes is complete. It will be submitted to the central bank’s administration in the next session. Then, it will be passed to the ministerial council before presenting it to the Parliament for vote. The mechanisms of changing the currency will be gradual. It will be preceded by awareness campaigns for citizens. The new currency will be printed after deleting the zeros and will include the Kurdish language in addition to the Arabic language. It will bear as well photos of Iraq’s civilizations and patrimony in addition to symbols of Iraqi intellectuals and figures.” There have been similar reports of revaluing the dinar since 2007, but to date none have come to fruition.
10-5-2024 Newshound Guru Samson Article: ”One of the most prominent dollar speculators was arrested in Ramadi"
10-5-2024 Newshound Guru Militia Man The market economy is coming together, the World Bank is addressing Iraq is moving toward a market economy. That means...at some point, could be any day, any time, they're going to have to go into the international world...
10-5-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Bank guy Mr. Sammy still thinks maybe by the end of the year...but he's hoping November now. FRANK: My position has not changed...We feel this will be done this year...The evidence, action, mechanism that is needed for the new exchange rate and the lower notes to be introduced will all occur this year...
10-5-2024 Newshound/Intel Guru Mnt Goat ...the dinar is not going to change in value IN THE COUNTRY OF IRAQ as a result of the project to delete the zeros...No one in Iraq is going to get rich off this swap out...So when we exchange, OUTSIDE of Iraq, we exchange our dinar we will get the rate of exchange for our OWN COUNTRY according to the exchange rate...The banks are going to be VERY strict on this.
10-5-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy told me a real rate international for us in his opinion is just north of $4.00. FRANK: Didn't we say that it would be somewhere between $3.86 up to $4.25? ...Of course it's only an opinion by Mr. Sammy and me but we both know Mr. Sammy's information has always been spot on...You are so close.
10-5-2024 Newshound Guru Pimpy Article: "The International Coalition officially announces the end of its mission in Iraq within 12 months" It must be that time of the year...Every year they say the same thing, within 12 months.
10-5-2024 Newshound Guru Clare Article: "The government-owned Rafidain Bank announced on Friday that it has collected more than four trillion dinars electronically for the benefit of 700 government departments...the total amounts that were settled and collected for the benefit of those government departments and deposited in their accounts at Rafidain Bank amounted to more than four trillion dinars."
10-5-2024 Guest Guru SkyWalker Flashback Article: "23 June 2011 the Central Bank of Iraq announced it is planning to delete zeros from the Iraqi dinar, and add Kurdish to the Arabic text on the notes. Said the adviser of Iraqi Central Bank governor Mothahhar Mohammed Saleh, 'The project of deleting zeroes is complete. It will be submitted to the central bank’s administration in the next session. Then, it will be passed to the ministerial council before presenting it to the Parliament for vote. The mechanisms of changing the currency will be gradual. It will be preceded by awareness campaigns for citizens. The new currency will be printed after deleting the zeros and will include the Kurdish language in addition to the Arabic language. It will bear as well photos of Iraq’s civilizations and patrimony in addition to symbols of Iraqi intellectuals and figures.” There have been similar reports of revaluing the dinar since 2007, but to date none have come to fruition.
10-5-2024 Newshound Guru Samson Article: ”One of the most prominent dollar speculators was arrested in Ramadi"
10-5-2024 Newshound Guru Militia Man The market economy is coming together, the World Bank is addressing Iraq is moving toward a market economy. That means...at some point, could be any day, any time, they're going to have to go into the international world...
10-5-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Bank guy Mr. Sammy still thinks maybe by the end of the year...but he's hoping November now. FRANK: My position has not changed...We feel this will be done this year...The evidence, action, mechanism that is needed for the new exchange rate and the lower notes to be introduced will all occur this year...
10-5-2024 Newshound/Intel Guru Mnt Goat ...the dinar is not going to change in value IN THE COUNTRY OF IRAQ as a result of the project to delete the zeros...No one in Iraq is going to get rich off this swap out...So when we exchange, OUTSIDE of Iraq, we exchange our dinar we will get the rate of exchange for our OWN COUNTRY according to the exchange rate...The banks are going to be VERY strict on this.
10-4-2024 Intel Guru RayRen98 THE CLOCK IS "NO LONGER" TICKING...IT'S DONE! ALL CURRENCIES ARE SET TO "GO" THIS TIME...NO TECHNICAL ISSUES PRESENT.
10-4-2024 Newshound Guru Clare Article: "World Bank issues optimistic report on Iraq, points to 'major transformation' " Quote: "The World Bank issued...report, which indicated that Iraq is witnessing a major transformation in improving the business environment, “noting” the progress made by Iraq in vital areas such as regulatory frameworks, public services, and operational efficiency.”
10-4-2024 Newshound Guru Militia Man World Bank [report] today praising Iraq, is in line with ample work is being done and yet to be reported. With as good as that report is and there is more to come that is suggested to be even better is amazing.
10-4-2024 Intel Guru Frank26 We know everything up to the float is done. To make it international will take you from the float to the REER.
10-4-2024 Intel Guru Bruce [via WiserNow] It could be that we...start exchanges...[Friday] or over the weekend... the prospects of this going [Friday], Saturday through the weekend, is they're very strong, very strong.
10-4-2024 Newshound Guru Pimpy There's a lot of reforms taking place and a lot of great changes happening in Iraq...Just hang tight. Just wait for them to change...
10-4-2024 Newshound Guru Clare "2024 Census.. Planning receives 125 thousand tablets and stresses the confidentiality of citizens’ data" Quote: "The past few days witnessed the arrival of 125,000 tablets to the ministry, which will be distributed among researchers and enumerators in the governorates to conduct the general population census that will be implemented on the 20th and 21st of next November, noting that a curfew will be imposed on these days to facilitate the procedures of the census employees."
10-4-2024 Newshound Guru Samson Article: "World Bank: Iraq has made progress in improving the business environment, making it globally competitive"
10-4-2024 Intel Guru MarkZ [via PDK] I now have 2 bankers/redemption folks who say they will be working this weekend. One of them said they are making new system software updates….while the other one says they are preparing for an influx of new wealth management clients this month.
10-4-2024 Newshound Guru Militia Man Article: "Central Bank Governor: New mechanism for financial transfers to Türkiye in euros launched" The amount of coordination that must be on going behind the scenes must be intense now.
10-4-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy...from what he's gathering and hearing in the rumor mill the currency swap out will be in November...But it's not official. He's not speaking for the bank. But what he's hearing, he's thinking this is pretty good.
10-4-2024 Newshound/Intel Guru Mnt Goat Prime Minister Mohammed Shia al-Sudani confirmed from New York that the currency sale window will close at the end of this year, while revealing the government’s intention to establish a new bank that adopts the latest technologies. WOW! WOW! We have been waiting for this for decades. Now it Is reality. Finally!!
10-4-2024 Intel Guru yada Article: "- The Central Bank of Iraq launched its financial transfers to Turkey in the euro currency." This means the business with Turkey, primarily the pipeline that was halted in March of 23 due to illegal usage is now opening back up with transfers in Euros. Add this to the Iraqis receiving their salaries from Jan 24 to Aug 24, we are in for great celebration with the rate release. IMO
10-4-2024 Newshound Guru Clare Article: "World Bank issues optimistic report on Iraq, points to 'major transformation' " Quote: "The World Bank issued...report, which indicated that Iraq is witnessing a major transformation in improving the business environment, “noting” the progress made by Iraq in vital areas such as regulatory frameworks, public services, and operational efficiency.”
10-4-2024 Newshound Guru Militia Man World Bank [report] today praising Iraq, is in line with ample work is being done and yet to be reported. With as good as that report is and there is more to come that is suggested to be even better is amazing.
10-4-2024 Intel Guru Frank26 We know everything up to the float is done. To make it international will take you from the float to the REER.
10-4-2024 Intel Guru Bruce [via WiserNow] It could be that we...start exchanges...[Friday] or over the weekend... the prospects of this going [Friday], Saturday through the weekend, is they're very strong, very strong.
10-4-2024 Newshound Guru Pimpy There's a lot of reforms taking place and a lot of great changes happening in Iraq...Just hang tight. Just wait for them to change...
10-4-2024 Newshound Guru Clare "2024 Census.. Planning receives 125 thousand tablets and stresses the confidentiality of citizens’ data" Quote: "The past few days witnessed the arrival of 125,000 tablets to the ministry, which will be distributed among researchers and enumerators in the governorates to conduct the general population census that will be implemented on the 20th and 21st of next November, noting that a curfew will be imposed on these days to facilitate the procedures of the census employees."
10-4-2024 Newshound Guru Samson Article: "World Bank: Iraq has made progress in improving the business environment, making it globally competitive"
10-4-2024 Intel Guru MarkZ [via PDK] I now have 2 bankers/redemption folks who say they will be working this weekend. One of them said they are making new system software updates….while the other one says they are preparing for an influx of new wealth management clients this month.
10-4-2024 Newshound Guru Militia Man Article: "Central Bank Governor: New mechanism for financial transfers to Türkiye in euros launched" The amount of coordination that must be on going behind the scenes must be intense now.
10-4-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy...from what he's gathering and hearing in the rumor mill the currency swap out will be in November...But it's not official. He's not speaking for the bank. But what he's hearing, he's thinking this is pretty good.
10-4-2024 Newshound/Intel Guru Mnt Goat Prime Minister Mohammed Shia al-Sudani confirmed from New York that the currency sale window will close at the end of this year, while revealing the government’s intention to establish a new bank that adopts the latest technologies. WOW! WOW! We have been waiting for this for decades. Now it Is reality. Finally!!
10-4-2024 Intel Guru yada Article: "- The Central Bank of Iraq launched its financial transfers to Turkey in the euro currency." This means the business with Turkey, primarily the pipeline that was halted in March of 23 due to illegal usage is now opening back up with transfers in Euros. Add this to the Iraqis receiving their salaries from Jan 24 to Aug 24, we are in for great celebration with the rate release. IMO
10-3-2024 Intel Guru MarkZ [via PDK] “Iraqi dinar under pressure amidst regional tensions” They hid in this article a piece that we really like…They are shrinking the dinar note count which will increase the value.
10-3-2024 Newshound Guru Militia Man If you're going to create value, you're going to have to have smaller denomination and you likely will have to have coins. There's no need for coins if you do a lop. There's none. They will not ever do that and the reason why is because how in the world could you get by with a one note and the value of it at .0007. Come on.
10-3-2024 Intel Guru Frank26 The security and stability of the monetary reform of Iraq is at its pinnacle and its is going to protect this new exchange rate and the new lower notes.
10-3-2024 Newshound Guru Walkingstick [Response to Guru Frank's Firefly report below] You put a mic in front of these parliament politicians and they instantly become economic experts...This is basic math.
10-3-2024 Newshound Guru Samson Article: "The Central Bank of Iraq warns exchange companies against receiving a commission of more than 25,000 from selling the dollar to travelers"
10-3-2024 Newshound/Intel Guru Fnu Lnu Next, you do not need an army or "Team" to help you handle your money. You need only find a reputable asset protection firm or attorney...Doing it this way eliminates wealth managers, lawyers, CPA's, investment councilors, etc. The asset professional will usually have an in-house CPA...What exactly are you doing anyway? You are eliminating all three wealth killers. Those are Lawsuits, Taxes, and Estate Planning...You will...pay minimum taxes, and mitigate Taxes, Lawsuits, and Estate Planning. This...will insure that you get wealthy, stay wealthy, and pass your wealth on to your heirs without probate, estate taxes, death taxes, or capital gains taxes. [Post 2 of 2] [Dinar Guru Note: Consult your tax and asset protection professionals at the appropriate time for you to create an asset protection and tax strategy appropriate for your unique circumstances.]
10-3-2024 Newshound/Intel Guru Fnu Lnu I have never been accused of being soft spoken...Taxes: ...There are rich people and there are poor people. The difference is that the poor pay taxes all their life and the rich pay little to no taxes. The Tax Code (IRC) is written for both. You DO NOT have to pay out one third to one half your exchange funds in taxes. You can use a Charitable Remainder Uni-Trust and pay only 10% in taxes and those taxes are deferred for 20 years if you wish. Find an Asset Protection organization or attorney...It [The CRUT} is a two page document and gives you the legal right to pay ZERO capital gains taxes...and you can buy and sell using the Trust...This is perfect for real estate but can be used for an unlimited number of purposes... [Post 1 of 2] [Dinar Guru Note: Consult your tax and asset protection professionals at the appropriate time for you to create an asset protection and tax strategy appropriate for your unique circumstances.]
10-3-2024 Newshound Guru Pimpy As you're aware Iraq has some issues with protesters charging the US Embassy. I'm glad it has not escalated. Iraq has been doing a great job about staying out of all these little conflicts. We don't want them to get involved in these conflicts. They need to stay on a straight and narrow. They've been doing a great job of this. Let's hope that continues. This would be good for both the dinar as well as the stocks.
10-3-2024 Intel Guru MarkZ [via PDK] “Finance Committee: Discussion of 2025 budget tables will begin next month” That is November. Why is that important? The rate. They are still settling out 2024 and 2023…now suddenly they are going to be ready for 2025 and its tables? I believe this tells us we will soon have a rate in order for them to fix those tables.
10-3-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
On the news Alaq came in and talked again about the deletion of the three zeros and he said we have a process to enhance the dinar. He was explaining how they are going delete the three zeros and add value...Then this idiot comes on TV and he says to us dropping the zeros will not lead to a value increase. He's just a fool that hates this is happening. That's all Alaq talked about, again saying it's under constant review. FRANK: As far as the guy that comes out and says this is not good, that's it's negative...this is not being sent to you by Sudani...Don't pay attention to them. Only pay attention to your true leader Sudani.
10-3-2024 Newshound/Intel Guru Mnt Goat Prime Minister Mohammed Shia al-Sudani expressed, on Thursday, Iraq’s readiness to enter into a partnership with American companies in the oil industry sector, revealing at the same time his government’s intention to establish a new Iraqi bank. This came during his participation in New York...can the news get any better? Finally the US is engaging Iraq and seriously taking on partnerships, especially in the energy sector. So we know if the US is invested in Iraq something is up….
10-3-2024 Newshound Guru Militia Man If you're going to create value, you're going to have to have smaller denomination and you likely will have to have coins. There's no need for coins if you do a lop. There's none. They will not ever do that and the reason why is because how in the world could you get by with a one note and the value of it at .0007. Come on.
10-3-2024 Intel Guru Frank26 The security and stability of the monetary reform of Iraq is at its pinnacle and its is going to protect this new exchange rate and the new lower notes.
10-3-2024 Newshound Guru Walkingstick [Response to Guru Frank's Firefly report below] You put a mic in front of these parliament politicians and they instantly become economic experts...This is basic math.
10-3-2024 Newshound Guru Samson Article: "The Central Bank of Iraq warns exchange companies against receiving a commission of more than 25,000 from selling the dollar to travelers"
10-3-2024 Newshound/Intel Guru Fnu Lnu Next, you do not need an army or "Team" to help you handle your money. You need only find a reputable asset protection firm or attorney...Doing it this way eliminates wealth managers, lawyers, CPA's, investment councilors, etc. The asset professional will usually have an in-house CPA...What exactly are you doing anyway? You are eliminating all three wealth killers. Those are Lawsuits, Taxes, and Estate Planning...You will...pay minimum taxes, and mitigate Taxes, Lawsuits, and Estate Planning. This...will insure that you get wealthy, stay wealthy, and pass your wealth on to your heirs without probate, estate taxes, death taxes, or capital gains taxes. [Post 2 of 2] [Dinar Guru Note: Consult your tax and asset protection professionals at the appropriate time for you to create an asset protection and tax strategy appropriate for your unique circumstances.]
10-3-2024 Newshound/Intel Guru Fnu Lnu I have never been accused of being soft spoken...Taxes: ...There are rich people and there are poor people. The difference is that the poor pay taxes all their life and the rich pay little to no taxes. The Tax Code (IRC) is written for both. You DO NOT have to pay out one third to one half your exchange funds in taxes. You can use a Charitable Remainder Uni-Trust and pay only 10% in taxes and those taxes are deferred for 20 years if you wish. Find an Asset Protection organization or attorney...It [The CRUT} is a two page document and gives you the legal right to pay ZERO capital gains taxes...and you can buy and sell using the Trust...This is perfect for real estate but can be used for an unlimited number of purposes... [Post 1 of 2] [Dinar Guru Note: Consult your tax and asset protection professionals at the appropriate time for you to create an asset protection and tax strategy appropriate for your unique circumstances.]
10-3-2024 Newshound Guru Pimpy As you're aware Iraq has some issues with protesters charging the US Embassy. I'm glad it has not escalated. Iraq has been doing a great job about staying out of all these little conflicts. We don't want them to get involved in these conflicts. They need to stay on a straight and narrow. They've been doing a great job of this. Let's hope that continues. This would be good for both the dinar as well as the stocks.
10-3-2024 Intel Guru MarkZ [via PDK] “Finance Committee: Discussion of 2025 budget tables will begin next month” That is November. Why is that important? The rate. They are still settling out 2024 and 2023…now suddenly they are going to be ready for 2025 and its tables? I believe this tells us we will soon have a rate in order for them to fix those tables.
10-3-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
On the news Alaq came in and talked again about the deletion of the three zeros and he said we have a process to enhance the dinar. He was explaining how they are going delete the three zeros and add value...Then this idiot comes on TV and he says to us dropping the zeros will not lead to a value increase. He's just a fool that hates this is happening. That's all Alaq talked about, again saying it's under constant review. FRANK: As far as the guy that comes out and says this is not good, that's it's negative...this is not being sent to you by Sudani...Don't pay attention to them. Only pay attention to your true leader Sudani.
10-3-2024 Newshound/Intel Guru Mnt Goat Prime Minister Mohammed Shia al-Sudani expressed, on Thursday, Iraq’s readiness to enter into a partnership with American companies in the oil industry sector, revealing at the same time his government’s intention to establish a new Iraqi bank. This came during his participation in New York...can the news get any better? Finally the US is engaging Iraq and seriously taking on partnerships, especially in the energy sector. So we know if the US is invested in Iraq something is up….
10-2-2024 Intel Guru MarkZ [via PDK] There is some good stuff out of Iraq today. “Parliamentary conquest reveals an agreement to pass two controversial laws today” this is very important news. This is the personal status law and the Return of real estate to its owners covered by some decisions of the dissolved revolutionary command council law...These are settlements for other things that we were told we would see right before they do the dinar change in value. For me this is huge...To me this shows us how close we are.
10-2-2024 Newshound Guru Militia Man ...Remove the zeros...it's not to diminish the value of the currency or to keep the currency the same as you might hear from others.
10-2-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Special report on deleting the zeros. They tried to tell us there are good reasons for it and there are bad reasons for it. They are telling us 54 countries have done this in the past. They are using that as an example for our monetary reform... FRANK: Remove the cons and only pay attention to the pros...
10-2-2024 Newshound Guru Kaperoni Article: "Developing the banking sector according to international standards... The Central Bank signs an agreement with the International Finance Corporation"
10-2-2024 Intel Guru MarkZ [via PDK] On the HCL- Money is moving and I expect to see an announcement any day now. I think it is completely done.
10-2-2024 Newshound Guru Sandy Ingram Article: "Iraqi resistance 'ready for open war' against Israel after Lebanon attacks" As Iraqi dinar investors ... the headline we've wanted to avoid.
10-2-2024 Newshound Guru Militia Man They're talking about international. I can't stress that enough...They're going to need an Article VIII complaint, Article XIV compliant currency with the IMF. They're going to have to agree to those obligation and that would mean a change of exchange rate to a Real Effective Exchange Rate.
10-2-2024 Guest Guru SkyWalker [Response to Guru Militia Man 10-1-2024 below] You stated that the zeros will be removed from the exchange rate .00076 will equal .76 cents...The zeros are...removed from value. An exchange does not represent value because it represents a ratio between two currencies hence the key word being "Rate"...The author of the delete the zeros program Dr. Shabibi clearly stated why the zeros were added to currency note due to inflation. As many articles have stated the zeros will be removed from the nominal value of the currency note. Reviewing many articles I do not recall seeing any article from the CBI or Iraqi government that is aligned with your multiple explanations of where the three zeros will be removed from...A speech that Dr. Shabibi gave...there was never a mention of removing zeros from an exchange rate...
10-2-2024 Intel Guru MarkZ [via PDK] I very much believe October will be our month…I think we finally got off “stuck” in September and will see the fruition of it in October.
10-2-2024 Newshound Guru Samson Article: "Al-Sudani orders immediate investigation into missile attacks on Baghdad airport" Article 2: "Interior: Arrest of the commander of the force holding a site in Al-Amiriyah from which missiles were launched at Baghdad Airport"
10-2-2024 Intel Guru Frank26 Protesters...are Iranian...they infiltrate Iraq because of what's going on. They want money. They don't want to lose Iraq so they try to protest and they try to create chaos, they try to slow things down. They want to retard the process. It's not working. I don't think it's going to work...
10-2-2024 Newshound/Intel Guru Mnt Goat I am telling you that I know with 1000% certainty we will NOT see the RV until after the Nov 5th voting...In a conversation with my CBI contact on Saturday I was told that if all goes well in the US elections, we can expect to see the preparation gearing to the reinstatement by the start of the project to delete the zeros and the swap out of the larger notes for the smaller denominations. I was told this is now planned to begin shortly after the voting is over and the winners are announced. I was told we might have to wait for the inauguration ceremony to conclude to see the reinstatement occur.
10-2-2024 Intel Guru MarkZ [via PDK] Article: “Erbil: Iraq has become a suitable environment due to security and political stabllity“ They said this today. What did Shabibi say? Give me security and stability and we will raise the value.
10-2-2024 Newshound Guru Militia Man ...Remove the zeros...it's not to diminish the value of the currency or to keep the currency the same as you might hear from others.
10-2-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Special report on deleting the zeros. They tried to tell us there are good reasons for it and there are bad reasons for it. They are telling us 54 countries have done this in the past. They are using that as an example for our monetary reform... FRANK: Remove the cons and only pay attention to the pros...
10-2-2024 Newshound Guru Kaperoni Article: "Developing the banking sector according to international standards... The Central Bank signs an agreement with the International Finance Corporation"
10-2-2024 Intel Guru MarkZ [via PDK] On the HCL- Money is moving and I expect to see an announcement any day now. I think it is completely done.
10-2-2024 Newshound Guru Sandy Ingram Article: "Iraqi resistance 'ready for open war' against Israel after Lebanon attacks" As Iraqi dinar investors ... the headline we've wanted to avoid.
10-2-2024 Newshound Guru Militia Man They're talking about international. I can't stress that enough...They're going to need an Article VIII complaint, Article XIV compliant currency with the IMF. They're going to have to agree to those obligation and that would mean a change of exchange rate to a Real Effective Exchange Rate.
10-2-2024 Guest Guru SkyWalker [Response to Guru Militia Man 10-1-2024 below] You stated that the zeros will be removed from the exchange rate .00076 will equal .76 cents...The zeros are...removed from value. An exchange does not represent value because it represents a ratio between two currencies hence the key word being "Rate"...The author of the delete the zeros program Dr. Shabibi clearly stated why the zeros were added to currency note due to inflation. As many articles have stated the zeros will be removed from the nominal value of the currency note. Reviewing many articles I do not recall seeing any article from the CBI or Iraqi government that is aligned with your multiple explanations of where the three zeros will be removed from...A speech that Dr. Shabibi gave...there was never a mention of removing zeros from an exchange rate...
10-2-2024 Intel Guru MarkZ [via PDK] I very much believe October will be our month…I think we finally got off “stuck” in September and will see the fruition of it in October.
10-2-2024 Newshound Guru Samson Article: "Al-Sudani orders immediate investigation into missile attacks on Baghdad airport" Article 2: "Interior: Arrest of the commander of the force holding a site in Al-Amiriyah from which missiles were launched at Baghdad Airport"
10-2-2024 Intel Guru Frank26 Protesters...are Iranian...they infiltrate Iraq because of what's going on. They want money. They don't want to lose Iraq so they try to protest and they try to create chaos, they try to slow things down. They want to retard the process. It's not working. I don't think it's going to work...
10-2-2024 Newshound/Intel Guru Mnt Goat I am telling you that I know with 1000% certainty we will NOT see the RV until after the Nov 5th voting...In a conversation with my CBI contact on Saturday I was told that if all goes well in the US elections, we can expect to see the preparation gearing to the reinstatement by the start of the project to delete the zeros and the swap out of the larger notes for the smaller denominations. I was told this is now planned to begin shortly after the voting is over and the winners are announced. I was told we might have to wait for the inauguration ceremony to conclude to see the reinstatement occur.
10-2-2024 Intel Guru MarkZ [via PDK] Article: “Erbil: Iraq has become a suitable environment due to security and political stabllity“ They said this today. What did Shabibi say? Give me security and stability and we will raise the value.
10-1-2024 Intel Guru Frank26 Question: "Can you please share some details about why you stated that those in California will have to know what they are doing [when the time comes to exchange]?" Because you got a bad government there...They go with policies that are illogical let alone indecent...Yeah, California taxes are going to be insane.
10-1-2024 Newshound Guru Militia Man If you do the math on it, if you drop the three zeros from the exchange rate of the nominal value of the currency. If the exchange rate is $1 divided by 1310 gets you .0007643 or real close, which is far less than a penny. If you drop the three zeros off the exchange rate you've done a big service. You've created value to that currency because if you drop three zeros from the exchange rate that is .76 ...They can then add the Real Effective Exchange Rate based off the non-oil revenue streams...
10-1-2024 Newshound Guru Samson Article: ”International Finance: The Central Bank of Iraq is a model for developing strategies that serve the development of the banking sector"
10-1-2024 Newshound/Intel Guru Walkingstick Question: "Are the new [Iraqi bank cards] based on the new exchange rate?" Yes.
10-1-2024 Newshound Guru Jeff Article: "Iraq presents to the US Treasury date for abandoning the currency auctions" The auctions will end or be abandoned the day the rate changes. The rate will change on a Sunday morning. That's when the currency auctions will end, when the rate changes. This article's saying the currency auctions will end by year end. They're talking to US officials...They're just making a generalized statement, saying by year end...So by the end of December...the currency auctions will end meaning the rate would have to change allowing the auctions to end...
10-1-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
There's a lot of good information coming out soon but won't be nothing about the rate yet. Mr. Sammy [Iraqi bank manager friend] still thinks it will be right after the end of the year when they stop the auctions.
10-1-2024 Intel Guru MarkZ [via PDK] I am expecting movement on the bond side which will tell us we are extremely close.
10-1-2024 Newshound Guru Pimpy Unfortunately it is everywhere. Protests are happening in Jordan, Turkey, Iraq...For those of us invested in the Iraqi dinar we're definitely paying attention to what's going on over there in Iraq because it could have an effect on the Iraqi dinar if we can't get things calmed down. We'll keep an eye on it and see what happens...
10-1-2024 Newshound Guru Militia Man Alaq says we're going to enhance the confidence in the dinar...Remember what Sudani said. He warned the citizens twice at least, to be careful with your dinar. Don't get rid of it. It's going to be stronger. Openly, the two big guys, Iraq prime minister and Iraq Central Bank governor has told the citizens...we're going to bring value.
10-1-2024 Newshound Guru Sandy Ingram Tensions are soaring in Iraq following the reported death of Hezbollah leader Hassan Nasrallah...Thousands of angry Iraqi demonstrators converged on the US embassy in Baghdad, where they attempted to storm the compound, clashing with security forces armed in riot gear...Their fury has added to the growing unrest in Baghdad, where the situation has become increasingly volatile. In response to the escalating crisis, security measures have been significantly ramped up in the city's fortified Green Zone, but protests continue to intensify as anger spreads. The situation remains fluid with heightened fears of further violence.
10-1-2024 Intel Guru Frank26 They say that they wanted this monetary reform to be done at the beginning of the year, remember? Unfortunately no, they weren't ready. But they sure are ready now.
10-1-2024 Newshound/Intel Guru Mnt Goat “CENTRAL BANK GOVERNOR ANNOUNCES SUCCESS OF DIGITAL TRANSFORMATION PLAN IN IRAQ” ...the CBI has told us just recently that Electronic Banking is an important step in the currency reform and banking process...WOW! WOW! WOW! I do not think he is saying final success only that there is good success so far...we were told the goal is about 80% of the working citizens. Quote: “it clearly indicates the success of the digital transformation and electronic payment plan, and the percentage rose from 20 percent a few years ago to 48.5 percent”
10-1-2024 Intel Guru MarkZ [via PDK] “KDP Mortgage census to apply article 140 to return displaced Kurds” This is really big and one of the things we were expecting...
10-1-2024 Newshound Guru Militia Man If you do the math on it, if you drop the three zeros from the exchange rate of the nominal value of the currency. If the exchange rate is $1 divided by 1310 gets you .0007643 or real close, which is far less than a penny. If you drop the three zeros off the exchange rate you've done a big service. You've created value to that currency because if you drop three zeros from the exchange rate that is .76 ...They can then add the Real Effective Exchange Rate based off the non-oil revenue streams...
10-1-2024 Newshound Guru Samson Article: ”International Finance: The Central Bank of Iraq is a model for developing strategies that serve the development of the banking sector"
10-1-2024 Newshound/Intel Guru Walkingstick Question: "Are the new [Iraqi bank cards] based on the new exchange rate?" Yes.
10-1-2024 Newshound Guru Jeff Article: "Iraq presents to the US Treasury date for abandoning the currency auctions" The auctions will end or be abandoned the day the rate changes. The rate will change on a Sunday morning. That's when the currency auctions will end, when the rate changes. This article's saying the currency auctions will end by year end. They're talking to US officials...They're just making a generalized statement, saying by year end...So by the end of December...the currency auctions will end meaning the rate would have to change allowing the auctions to end...
10-1-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
There's a lot of good information coming out soon but won't be nothing about the rate yet. Mr. Sammy [Iraqi bank manager friend] still thinks it will be right after the end of the year when they stop the auctions.
10-1-2024 Intel Guru MarkZ [via PDK] I am expecting movement on the bond side which will tell us we are extremely close.
10-1-2024 Newshound Guru Pimpy Unfortunately it is everywhere. Protests are happening in Jordan, Turkey, Iraq...For those of us invested in the Iraqi dinar we're definitely paying attention to what's going on over there in Iraq because it could have an effect on the Iraqi dinar if we can't get things calmed down. We'll keep an eye on it and see what happens...
10-1-2024 Newshound Guru Militia Man Alaq says we're going to enhance the confidence in the dinar...Remember what Sudani said. He warned the citizens twice at least, to be careful with your dinar. Don't get rid of it. It's going to be stronger. Openly, the two big guys, Iraq prime minister and Iraq Central Bank governor has told the citizens...we're going to bring value.
10-1-2024 Newshound Guru Sandy Ingram Tensions are soaring in Iraq following the reported death of Hezbollah leader Hassan Nasrallah...Thousands of angry Iraqi demonstrators converged on the US embassy in Baghdad, where they attempted to storm the compound, clashing with security forces armed in riot gear...Their fury has added to the growing unrest in Baghdad, where the situation has become increasingly volatile. In response to the escalating crisis, security measures have been significantly ramped up in the city's fortified Green Zone, but protests continue to intensify as anger spreads. The situation remains fluid with heightened fears of further violence.
10-1-2024 Intel Guru Frank26 They say that they wanted this monetary reform to be done at the beginning of the year, remember? Unfortunately no, they weren't ready. But they sure are ready now.
10-1-2024 Newshound/Intel Guru Mnt Goat “CENTRAL BANK GOVERNOR ANNOUNCES SUCCESS OF DIGITAL TRANSFORMATION PLAN IN IRAQ” ...the CBI has told us just recently that Electronic Banking is an important step in the currency reform and banking process...WOW! WOW! WOW! I do not think he is saying final success only that there is good success so far...we were told the goal is about 80% of the working citizens. Quote: “it clearly indicates the success of the digital transformation and electronic payment plan, and the percentage rose from 20 percent a few years ago to 48.5 percent”
10-1-2024 Intel Guru MarkZ [via PDK] “KDP Mortgage census to apply article 140 to return displaced Kurds” This is really big and one of the things we were expecting...
9-30-2024 Intel Guru Frank26 [Response to Guru Clare's Article post below] IT REALLY DOESN'T MATTER WHAT THE ARTICLES SAY CONCERNING POSITIVE VERSUS NEGATIVE. WHAT IS EXTREMELY IMPORTANT IS THAT THEY ARE TALKING ABOUT THE LIFTING OF THE EXCHANGE RATE THAT IS THE POINT THAT IS THE KEY WHETHER IT BE FOR OR AGAINST IT THEY ARE TALKING ABOUT IT BECAUSE IT IS REAL!
9-30-2024 Newshound Guru Clare Article: "Al-Sudani postpones his visit to the United Kingdom due to regional and international developments"
9-30-2024 Newshound Guru Militia Man Article quote "Central Bank seeks to withdraw excess liquidity" When the central bank of Iraq is removing excess liquidity, that's taking in dinar, what does that do? Enhances the value of the currency - Supply and Demand. Reduce the note count, the value goes up...That's the way it's always worked and it always will IMO.
9-30-2024 Newshound Guru Pimpy Article: "Iraqi authorities close Green Zone gate amid Shiite protests over Nasrallah's assassination" Things are so bad Iraq has now had to close the green zone. We haven't heard about them closing the green zone in at least two-three years. They've been open that long.
9-30-2024 Newshound Guru Harlequinc3 [Response to Guru Clare's Article post below] This guy’s only got 1/2 the picture...CBI won’t just remove 3 0s without adjusting the nominal exchange rate and then adding purchasing power to the dinar — a rate change to you and me, we might call it an RV, though their end game is reinstatement...This guy is just referring to swapping out currency for Iraqis only. He’s not taking into account what happens to the dinar internationally...To an Iraqi, removing 3 0’s is just taking old dinar out of circulation and replacing it with smaller bills/digital payments. That’s why this guy is talking about a partial peg. The CBI is talking about a pure float. He’s only looking at half the process. This article is addressed to Iraqis only. IMO of course.
9-30-2024 Intel Guru Frank26 They're giving them a date of when they're going to stop the auctions, the window. Now they tell them we're lifting three zeros, you're getting purchasing power. They tell them you're getting the HCL. Then they go a step further and they said our currency is going to be stronger than the Jordanian dinar...It's going to be more than Jordan's currency...I believe they're going to reach the REER through the float at around $4.25...
9-30-2024 Intel Guru MarkZ [via PDK] On the banking side - we are seeing a lot of rates over the weekend. Everything from... .00076…I know of 3 different banks whose foreign currency trackers show $3.57 over the weekend again. We cannot exchange it yet but it certainly appears to be headed that direction.
9-30-2024 Newshound Guru Clare Article: "What would happen to the Iraqi dinar if the zeros were removed? Comment by Dr. Mahmoud Dagher" Quote: "Economist Mahmoud Dagher pointed out that deleting zeros will not change...the purchasing power of the dinar...Instead of carrying a bundle of 50,000 dinar notes, it will be possible to compress them into a smaller number of notes after removing the zeros, and this will not change their purchasing power. The amount of money on offer...is equal to 105 trillion dinars, and after removing the zeros, the amount will be 105 billion dinars, which is exactly the same amount, and the exchange rate will change from 1320 dinars per dollar to 132 dinars per dollar."
9-30-2024 Newshound Guru Militia Man In the last week or so...there's probably five or six articles specifically talking about removing zeros from the Iraqi dinar... Quote: "...this is done by removing a specific number of zeros from the nominal value of the currency." From the value of the currency not the currency notes but the value of the currency...
9-30-2024 Intel Guru Frank26 They tell you [Iraqi citizens] there is an imminent change coming to your currency almost every day now. That is very exciting. These are the words we've only dreamed about in the last 5 years. To see them almost every day is rather shocking but very exciting right now...This is getting crazier and crazier every day with so much excitement and so much information about the monetary reform being sent directly pinpointed to you Iraqi citizens from Sudani.
9-30-2024 Newshound Guru Pimpy Article: "Thousands of protesters trying to storm US embassy is Baghdad after Nasrallah killing" Iraqi protesters are trying to storm the US Embassy in Baghdad...How does that affect Iraqi dinar holders? The last thing you need is for there to be an unstable country with protesters tying to storm the US Embassy...
9-30-2024 Newshound Guru Kaperoni Community Comment: "The US Embassy in Iraq is under siege I’m old enough to remember the last time a middle eastern embassy was under siege with a weak president...I hope this ends better...Pray for US personnel in Iraq" Not good.
9-30-2024 Intel Guru Bruce [via WiserNow] ...we are hearing...coming from Iraq, that they will have their smaller denominations ready to go...I don't think they have ones, but five – 10’s, 20s, 50s, and 100’s that's their new currency...the three zero notes from Iraq that we have...the 25,000 or 25k notes? ...the 10k, the 5k, the 1k – all of those 3 zero notes have been removed from Iraq...that should be done by the 30th this month, the last day of this month.
9-30-2024 Newshound Guru Clare Article: "Al-Sudani postpones his visit to the United Kingdom due to regional and international developments"
9-30-2024 Newshound Guru Militia Man Article quote "Central Bank seeks to withdraw excess liquidity" When the central bank of Iraq is removing excess liquidity, that's taking in dinar, what does that do? Enhances the value of the currency - Supply and Demand. Reduce the note count, the value goes up...That's the way it's always worked and it always will IMO.
9-30-2024 Newshound Guru Pimpy Article: "Iraqi authorities close Green Zone gate amid Shiite protests over Nasrallah's assassination" Things are so bad Iraq has now had to close the green zone. We haven't heard about them closing the green zone in at least two-three years. They've been open that long.
9-30-2024 Newshound Guru Harlequinc3 [Response to Guru Clare's Article post below] This guy’s only got 1/2 the picture...CBI won’t just remove 3 0s without adjusting the nominal exchange rate and then adding purchasing power to the dinar — a rate change to you and me, we might call it an RV, though their end game is reinstatement...This guy is just referring to swapping out currency for Iraqis only. He’s not taking into account what happens to the dinar internationally...To an Iraqi, removing 3 0’s is just taking old dinar out of circulation and replacing it with smaller bills/digital payments. That’s why this guy is talking about a partial peg. The CBI is talking about a pure float. He’s only looking at half the process. This article is addressed to Iraqis only. IMO of course.
9-30-2024 Intel Guru Frank26 They're giving them a date of when they're going to stop the auctions, the window. Now they tell them we're lifting three zeros, you're getting purchasing power. They tell them you're getting the HCL. Then they go a step further and they said our currency is going to be stronger than the Jordanian dinar...It's going to be more than Jordan's currency...I believe they're going to reach the REER through the float at around $4.25...
9-30-2024 Intel Guru MarkZ [via PDK] On the banking side - we are seeing a lot of rates over the weekend. Everything from... .00076…I know of 3 different banks whose foreign currency trackers show $3.57 over the weekend again. We cannot exchange it yet but it certainly appears to be headed that direction.
9-30-2024 Newshound Guru Clare Article: "What would happen to the Iraqi dinar if the zeros were removed? Comment by Dr. Mahmoud Dagher" Quote: "Economist Mahmoud Dagher pointed out that deleting zeros will not change...the purchasing power of the dinar...Instead of carrying a bundle of 50,000 dinar notes, it will be possible to compress them into a smaller number of notes after removing the zeros, and this will not change their purchasing power. The amount of money on offer...is equal to 105 trillion dinars, and after removing the zeros, the amount will be 105 billion dinars, which is exactly the same amount, and the exchange rate will change from 1320 dinars per dollar to 132 dinars per dollar."
9-30-2024 Newshound Guru Militia Man In the last week or so...there's probably five or six articles specifically talking about removing zeros from the Iraqi dinar... Quote: "...this is done by removing a specific number of zeros from the nominal value of the currency." From the value of the currency not the currency notes but the value of the currency...
9-30-2024 Intel Guru Frank26 They tell you [Iraqi citizens] there is an imminent change coming to your currency almost every day now. That is very exciting. These are the words we've only dreamed about in the last 5 years. To see them almost every day is rather shocking but very exciting right now...This is getting crazier and crazier every day with so much excitement and so much information about the monetary reform being sent directly pinpointed to you Iraqi citizens from Sudani.
9-30-2024 Newshound Guru Pimpy Article: "Thousands of protesters trying to storm US embassy is Baghdad after Nasrallah killing" Iraqi protesters are trying to storm the US Embassy in Baghdad...How does that affect Iraqi dinar holders? The last thing you need is for there to be an unstable country with protesters tying to storm the US Embassy...
9-30-2024 Newshound Guru Kaperoni Community Comment: "The US Embassy in Iraq is under siege I’m old enough to remember the last time a middle eastern embassy was under siege with a weak president...I hope this ends better...Pray for US personnel in Iraq" Not good.
9-30-2024 Intel Guru Bruce [via WiserNow] ...we are hearing...coming from Iraq, that they will have their smaller denominations ready to go...I don't think they have ones, but five – 10’s, 20s, 50s, and 100’s that's their new currency...the three zero notes from Iraq that we have...the 25,000 or 25k notes? ...the 10k, the 5k, the 1k – all of those 3 zero notes have been removed from Iraq...that should be done by the 30th this month, the last day of this month.
9-29-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The census is now...November 20th and the 21st. We will have a curfew during those days.
9-29-2024 Newshound Guru Militia Man Article: "Minister of Transport announces the establishment of the Joint Maritime Authority between Iraq and Britain" ...Massive amounts of trade is coming to the ports of Iraq... I suspect Al-Sudani and his teams are fully aware of the priorities needed to make it all happen.
9-29-2024 Intel Guru RAYREN98 Guys it’s over, it’s done and yes I know something you don’t.
9-29-2024 Newshound Guru Clare Article Quote: "Mazhar Mohammed Saleh, economic affairs advisor to Prime Minister Mohammed Shia al-Sudani, described the banking system in Iraq as rentier par excellence...noting that this requires a comprehensive reform process...Saleh stressed that this requires a comprehensive reform process to create market institutions, indicating that this enables the banking market to be integrated with the international financial and banking system and become attractive to global banks on a large scale."
9-29-2024 Newshound Guru Kaperoni This is a good quote from that article "The expected path of the Iraqi economy" Quote: "The most important indicator, in my opinion, is that despite all the attempts to put obstacles in the way of economic development, intentionally or unintentionally, the government is moving forward with its program, leaving all attempts at obstruction in its wake, and this is one of the secrets of success and the key to hope."
9-29-2024 Newshound Guru Sandy Ingram One significant difference between Iraq and many other developing and established countries is Iraq's consistent willingness to pay down debt. Iraq's foreign debt has now fallen to below $10 billion dollars according to Saleh, financial advisor to the Iraqi Prime Minister...Provisions have been set aside...to ensure these obligations
are met...These external debts are largely tied to the Paris Club Agreement ...Iraq is on track to fully pay these obligation by 2028. Saleh highlighted the importance of Iraq's relatively low level of foreign debt, noting it has significantly improved the country's financial standing in the eyes of global credit rating agencies, including the US based S & P.
9-29-2024 Newshound Guru Jeff World Trade [Organization]...one of the major things Iraq needs to really move forward towards membership is they need their MFTR [Memorandum of Foreign Trade Regime] completed... Article Quote: "The completion of all these requirements was confirmed in March of 2024." Iraq's next meeting is roughly November 6th through the 8th. They will...have all steps complete. That's when they would be eligible. Their 30 days towards membership would start right around early November...Full member probably by the end of December of this year.
9-29-2024 Newshound Guru Militia Man They will need to have an international IMF Article XIV and Article VIII compliant currency. One that the Central Banks can defend and likely in a very fast and efficient manner with the most advance systems in the world. The focus in the future is going to be instantaneous cross border payments 365/24/7 and no blackouts with little cost. It is now the time to be paying attention...
9-29-2024 Intel Guru MarkZ [via PDK] “Al Sudani advisor indicates a significant development in Iraq’s financial capabilities during 2024” Talking about what they have accomplished with cleaning up banking, more non-oil revenues. This article is a great little victory lap.
9-29-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
There are TV commercials advertising that the Kuwait dinar is at $3.58. They are talking about our new border agreement with Kuwait. The fact they bring up this rate tells me they want to talk about our new rate against it. FRANK: They are talking to you about Kuwait because they need an example to show you what is about to happen to your currency, your purchasing power, to show you what is going to happen to your exchange rate. There will be a change coming.
9-29-2024 Intel Guru Bruce [via WiserNow] ...we have a very strong source that is indicating that we will be notified...on Monday, which is the 30th of September this month. That's this coming Monday, we will receive our notifications.
9-29-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV news saying the abandonment of the currency auctions by the end of this year. FRANK: I'm hoping before the end of the year because that action would open the door to your new exchange rate and lower notes.
The census is now...November 20th and the 21st. We will have a curfew during those days.
9-29-2024 Newshound Guru Militia Man Article: "Minister of Transport announces the establishment of the Joint Maritime Authority between Iraq and Britain" ...Massive amounts of trade is coming to the ports of Iraq... I suspect Al-Sudani and his teams are fully aware of the priorities needed to make it all happen.
9-29-2024 Intel Guru RAYREN98 Guys it’s over, it’s done and yes I know something you don’t.
9-29-2024 Newshound Guru Clare Article Quote: "Mazhar Mohammed Saleh, economic affairs advisor to Prime Minister Mohammed Shia al-Sudani, described the banking system in Iraq as rentier par excellence...noting that this requires a comprehensive reform process...Saleh stressed that this requires a comprehensive reform process to create market institutions, indicating that this enables the banking market to be integrated with the international financial and banking system and become attractive to global banks on a large scale."
9-29-2024 Newshound Guru Kaperoni This is a good quote from that article "The expected path of the Iraqi economy" Quote: "The most important indicator, in my opinion, is that despite all the attempts to put obstacles in the way of economic development, intentionally or unintentionally, the government is moving forward with its program, leaving all attempts at obstruction in its wake, and this is one of the secrets of success and the key to hope."
9-29-2024 Newshound Guru Sandy Ingram One significant difference between Iraq and many other developing and established countries is Iraq's consistent willingness to pay down debt. Iraq's foreign debt has now fallen to below $10 billion dollars according to Saleh, financial advisor to the Iraqi Prime Minister...Provisions have been set aside...to ensure these obligations
are met...These external debts are largely tied to the Paris Club Agreement ...Iraq is on track to fully pay these obligation by 2028. Saleh highlighted the importance of Iraq's relatively low level of foreign debt, noting it has significantly improved the country's financial standing in the eyes of global credit rating agencies, including the US based S & P.
9-29-2024 Newshound Guru Jeff World Trade [Organization]...one of the major things Iraq needs to really move forward towards membership is they need their MFTR [Memorandum of Foreign Trade Regime] completed... Article Quote: "The completion of all these requirements was confirmed in March of 2024." Iraq's next meeting is roughly November 6th through the 8th. They will...have all steps complete. That's when they would be eligible. Their 30 days towards membership would start right around early November...Full member probably by the end of December of this year.
9-29-2024 Newshound Guru Militia Man They will need to have an international IMF Article XIV and Article VIII compliant currency. One that the Central Banks can defend and likely in a very fast and efficient manner with the most advance systems in the world. The focus in the future is going to be instantaneous cross border payments 365/24/7 and no blackouts with little cost. It is now the time to be paying attention...
9-29-2024 Intel Guru MarkZ [via PDK] “Al Sudani advisor indicates a significant development in Iraq’s financial capabilities during 2024” Talking about what they have accomplished with cleaning up banking, more non-oil revenues. This article is a great little victory lap.
9-29-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
There are TV commercials advertising that the Kuwait dinar is at $3.58. They are talking about our new border agreement with Kuwait. The fact they bring up this rate tells me they want to talk about our new rate against it. FRANK: They are talking to you about Kuwait because they need an example to show you what is about to happen to your currency, your purchasing power, to show you what is going to happen to your exchange rate. There will be a change coming.
9-29-2024 Intel Guru Bruce [via WiserNow] ...we have a very strong source that is indicating that we will be notified...on Monday, which is the 30th of September this month. That's this coming Monday, we will receive our notifications.
9-29-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV news saying the abandonment of the currency auctions by the end of this year. FRANK: I'm hoping before the end of the year because that action would open the door to your new exchange rate and lower notes.
9-28-2024 Intel Guru Frank26 I believe [local banks] will send the currency to headquarters...JP Morgan is going to do everything for you. The bank you have an account with is the place where you're going to put your money in. JP Morgan will exchange your dinar for your American dollars and then electronically they will credit your account at Chase. But JP Morgan will be, what I call, your team...It doesn't have to be your team, you can create your own team. These financial advisers will offer you a lawyer that represents them, not you...You want to be prudent...Do not go with just one opinion. Get more than one opinion...
9-28-2024 Newshound Guru Samson Article: "Wardastan deposits about 100 billion dinars of non-oil revenues in the Iraqi state treasury"
9-28-2024 Newshound Guru Militia Man Al Sudani said Article quote "The time has come for Iraq to take its natural place in the international community." I think that's going to resonate with every one of us...Get ready. Pay attention...
9-28-2024 Newshound Guru Sandy Ingram [We] keep hearing about international standards from the Central Bank of Iraq. We can only hope that this means the country will be joining the international community in the foreseeable future.
9-28-2024 Intel Guru Frank26 Sudani went all around the world visiting many countries and their banks inviting them to invest in Iraq. In that time the dinar went international. He showed it to them. That's why there is so much financial structure pouring into [Iraq]...Economic reform is about to explode even more than it already has...
9-28-2024 Newshound Guru Samson Article: "Al-Sudani returns to Baghdad after participating in the UN General Assembly meetings"
9-28-2024 Intel/Newshound Gurus MarkZ and Militia Man [via PDK] Militia Man: ...Iraq has done so much work and we all know Al Sudani was just in New York again at the US assembly. He also had sideline meetings and had his speech and returned home yesterday...With Sudani back now…why couldn’t it happen at any time? To me there is no reason it could not happen at any time. MarkZ: I agree. He’s done the victory tours, he has told the world they are restored and fully international. …Time to see the fruit of his labors. I wouldn’t be surprised to see my phone blowing up this weekend with the news that it has happened.
9-28-2024 Newshound Guru Militia Man Iraq is talking about "economic confidence", "consumption", "investment", all of these things. At 1310? I don't think so. I don't think that's what they're talking about. I really don't think Iraq is going to be the savior of the international financial system or bring any confidence to the world at 1310. Because they've been at 1310, 1180, 1166, 1182...1460...but have they done anything about it? Are they internationally on the Forex trading? No...
9-28-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
We have heard for the last five days all on the news about the deletion of the three zeros. That's all they talk to us about... FRANK: You say you've been hearing about lifting the three zeros in the last five days? In all honesty you have been hearing this for the last five months. It's just that it's very concentrated on a daily basis now...
9-28-2024 Newshound/Intel Guru Mnt Goat ...my CBI contact told us the committee was planning to begin the roll out of the currency swap out in November... You will not see the US Treasury leave the CBI until this is done and the Project to Delete the Zeros (swap out) is completed.
9-28-2024 Newshound Guru Samson Article: "Wardastan deposits about 100 billion dinars of non-oil revenues in the Iraqi state treasury"
9-28-2024 Newshound Guru Militia Man Al Sudani said Article quote "The time has come for Iraq to take its natural place in the international community." I think that's going to resonate with every one of us...Get ready. Pay attention...
9-28-2024 Newshound Guru Sandy Ingram [We] keep hearing about international standards from the Central Bank of Iraq. We can only hope that this means the country will be joining the international community in the foreseeable future.
9-28-2024 Intel Guru Frank26 Sudani went all around the world visiting many countries and their banks inviting them to invest in Iraq. In that time the dinar went international. He showed it to them. That's why there is so much financial structure pouring into [Iraq]...Economic reform is about to explode even more than it already has...
9-28-2024 Newshound Guru Samson Article: "Al-Sudani returns to Baghdad after participating in the UN General Assembly meetings"
9-28-2024 Intel/Newshound Gurus MarkZ and Militia Man [via PDK] Militia Man: ...Iraq has done so much work and we all know Al Sudani was just in New York again at the US assembly. He also had sideline meetings and had his speech and returned home yesterday...With Sudani back now…why couldn’t it happen at any time? To me there is no reason it could not happen at any time. MarkZ: I agree. He’s done the victory tours, he has told the world they are restored and fully international. …Time to see the fruit of his labors. I wouldn’t be surprised to see my phone blowing up this weekend with the news that it has happened.
9-28-2024 Newshound Guru Militia Man Iraq is talking about "economic confidence", "consumption", "investment", all of these things. At 1310? I don't think so. I don't think that's what they're talking about. I really don't think Iraq is going to be the savior of the international financial system or bring any confidence to the world at 1310. Because they've been at 1310, 1180, 1166, 1182...1460...but have they done anything about it? Are they internationally on the Forex trading? No...
9-28-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
We have heard for the last five days all on the news about the deletion of the three zeros. That's all they talk to us about... FRANK: You say you've been hearing about lifting the three zeros in the last five days? In all honesty you have been hearing this for the last five months. It's just that it's very concentrated on a daily basis now...
9-28-2024 Newshound/Intel Guru Mnt Goat ...my CBI contact told us the committee was planning to begin the roll out of the currency swap out in November... You will not see the US Treasury leave the CBI until this is done and the Project to Delete the Zeros (swap out) is completed.
9-27-2024 Intel Guru Frank26 You can see the excitement of what's going on is no longer a secret and it's being advertised and published and talked about and bragged about all over the world from New York, the United States Treasury, all the way back to Iraq. The whole Middle East is on pins and needles. They all know. They're excited and they know it's going to affect them as well too...
9-27-2024 Newshound Guru Samson Article: "Treasury praises growth of non-oil economy in Iraq"
9-27-2024 Intel Guru MarkZ [via PDK] “The goal of the census is developmental, economic and Kirkuk second in completing the numbering and inventory process” So they are doing a full census in November to figure out which money goes where…. I do believe this occurs right after the HCL is wrapped up and the government can then distribute the new funds. I was told to look for a census…and now we are finally getting it.
9-27-2024 Newshound Guru Clare Article: "A specialist details the negatives and positives of removing zeros from the Iraqi currency" Quote: "Al-Mawsumi said...The process of removing zeros from the currency means replacing a new currency with the old currency with the aim of simplifying the accounting process between consumers, and it is often resorted to by countries that suffer from high inflation and have become unable to deal with paper currencies of very weak value...Deleting zeros is an imaginary change in the value of the currency and does not change its purchasing power."
9-27-2024 Newshound Guru Militia Man Article: "US support for Iraq’s reform steps.. Non-oil GDP indicators rise and exceed twice the population growth rate" They are clearly hammering the concept of Iraq's ability to reform her banking and financial sectors among the many other sectors, namely the non-oil sectors. They have had a significant focus on the 6% growth rate in revenues... There is also a focus on the international financial connectivity...Thus, with the focus they have on these topics we can see that they mean business...
9-27-2024 Newshound Guru Jeff Iraq can only change the rate at one or two points in the year, beginning or the middle of the year. That was stated by Shabibi. If Iraq was going to revalue at any of those times you would see them increase their steps and actions preparing to revalue. In this month of September those steps has occurred. They have increased their actions getting critical steps...laws done. They have tremendously ramped up.
9-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Successful meeting today with the United States Treasury with Sudani. It looks like the sanctions will be all off. FRANK: They're reporting to the Iraqi citizens what they're accomplishing at the United Nations with the US Treasury, but this stuff is old. It's ancient history...What you are seeing is nothing more but formalities. I am excited to see Sudani return back and talk to you Iraqi citizens.
9-27-2024 Intel Guru MarkZ [via PDK] Member Question: ...VND, IYO, will IT be higher than $.47? Most rumors put the rate somewhere around $2.25 to $3 or so…. But we don’t know that answer for certain.
9-27-2024 Newshound Guru Samson "The Central Bank of Iraq is required by the Federal Reserve to stop the platform, liquidate banks and merge others"
9-27-2024 Newshound Guru Clare Article: "Al-Sudani concludes his visit to New York by meeting Guterres, who praised the discussions to end UNAMI’s work in Iraq"
9-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
We see articles on the news, reporters saying the imminent change to our currency is coming. Then he talked about deleting the zeros and the good that this would do and the bad. Then said our dinar would be stronger than the Jordan dinar.
9-27-2024 Intel Guru MarkZ [via PDK] “Iraq Plans Currency Redenomination amid economic challenges” they are talking openly about redenomination…deleting the zeros or make them unnecessary and remove them…and we are seeing this over and over again. Kuwait used the exact same language...
9-27-2024 Newshound/Intel Guru Mnt Goat Article: “IRAQ PLANS CURRENCY REDENOMINATION AMID ECONOMIC CHALLENGES“ ...this is just not another article about the Project to Delete the Zeros but much, much more...I believe this project is going to move forward this fall, and I am told not until after the US election.
9-27-2024 Newshound Guru Samson Article: "Treasury praises growth of non-oil economy in Iraq"
9-27-2024 Intel Guru MarkZ [via PDK] “The goal of the census is developmental, economic and Kirkuk second in completing the numbering and inventory process” So they are doing a full census in November to figure out which money goes where…. I do believe this occurs right after the HCL is wrapped up and the government can then distribute the new funds. I was told to look for a census…and now we are finally getting it.
9-27-2024 Newshound Guru Clare Article: "A specialist details the negatives and positives of removing zeros from the Iraqi currency" Quote: "Al-Mawsumi said...The process of removing zeros from the currency means replacing a new currency with the old currency with the aim of simplifying the accounting process between consumers, and it is often resorted to by countries that suffer from high inflation and have become unable to deal with paper currencies of very weak value...Deleting zeros is an imaginary change in the value of the currency and does not change its purchasing power."
9-27-2024 Newshound Guru Militia Man Article: "US support for Iraq’s reform steps.. Non-oil GDP indicators rise and exceed twice the population growth rate" They are clearly hammering the concept of Iraq's ability to reform her banking and financial sectors among the many other sectors, namely the non-oil sectors. They have had a significant focus on the 6% growth rate in revenues... There is also a focus on the international financial connectivity...Thus, with the focus they have on these topics we can see that they mean business...
9-27-2024 Newshound Guru Jeff Iraq can only change the rate at one or two points in the year, beginning or the middle of the year. That was stated by Shabibi. If Iraq was going to revalue at any of those times you would see them increase their steps and actions preparing to revalue. In this month of September those steps has occurred. They have increased their actions getting critical steps...laws done. They have tremendously ramped up.
9-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Successful meeting today with the United States Treasury with Sudani. It looks like the sanctions will be all off. FRANK: They're reporting to the Iraqi citizens what they're accomplishing at the United Nations with the US Treasury, but this stuff is old. It's ancient history...What you are seeing is nothing more but formalities. I am excited to see Sudani return back and talk to you Iraqi citizens.
9-27-2024 Intel Guru MarkZ [via PDK] Member Question: ...VND, IYO, will IT be higher than $.47? Most rumors put the rate somewhere around $2.25 to $3 or so…. But we don’t know that answer for certain.
9-27-2024 Newshound Guru Samson "The Central Bank of Iraq is required by the Federal Reserve to stop the platform, liquidate banks and merge others"
9-27-2024 Newshound Guru Clare Article: "Al-Sudani concludes his visit to New York by meeting Guterres, who praised the discussions to end UNAMI’s work in Iraq"
9-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
We see articles on the news, reporters saying the imminent change to our currency is coming. Then he talked about deleting the zeros and the good that this would do and the bad. Then said our dinar would be stronger than the Jordan dinar.
9-27-2024 Intel Guru MarkZ [via PDK] “Iraq Plans Currency Redenomination amid economic challenges” they are talking openly about redenomination…deleting the zeros or make them unnecessary and remove them…and we are seeing this over and over again. Kuwait used the exact same language...
9-27-2024 Newshound/Intel Guru Mnt Goat Article: “IRAQ PLANS CURRENCY REDENOMINATION AMID ECONOMIC CHALLENGES“ ...this is just not another article about the Project to Delete the Zeros but much, much more...I believe this project is going to move forward this fall, and I am told not until after the US election.
9-26-2024 Newshound Guru Jeff Their budget period would start October 1st...that's why the news has increased significantly as we're approaching October.
9-26-2024 Newshound Guru Samson Article: "First smartphone factory opens in Erbil"
9-26-2024 Intel Guru Frank26 Article: "The government forms a higher committee to adapt Iraq banks to International financial requirements" What does that mean? It means the Iraq dinar is going to float internationally in international markets. But it's at a program rate? No it's not. But it has sanctions on the country? No it doesn't. Wells Fargo says it's on the OFAC list,
that it's on the 'bad currency' list? No it's not...That going international requires a new exchange rate. Yes it does.
9-26-2024 Intel Guru RayRen98 UH OH!! BANK SCREENS WENT BLANK TODAY ACCORDING TO SOME REPORTS...WHAT COULD CAUSE THAT TO HAPPEN NOW, TODAY, AT THIS PHASE OF THE PROJECT?" I'M BEING TOLD WHEN THE RATES RETURN TO THE SCREENS...IT'S COWABUNGA TIME (DEFINITION OF COWABUNGA TO EXPRESS THE LIGHT OR SATISFACTION). BANKS ARE EXPECTING TO BE " FULLY STAFFED" ON FRIDAY.....HMMMMMMMM WONDER WHAT'S UP?
9-26-2024 Newshound Guru Pimpy They don't plan on removing any zeros at the moment. Although my feeling is they will remove the 3 zeros and then change the exchange rate. What I'm hoping for is that they leave the zeros on and then change the exchange rate. Anything is possible, but unlikely. But so far we've got the first part we wanted, they are not removing the zeros.
9-26-2024 Newshound Guru Militia Man I'm not sure how many articles but it's been five in the last few days, maybe even six that talk about deletion of the zeros. Article quote: "Prices involves eliminating a certain number of zeros from the nominal value of the currency..." That's the exchange rate...Don't make it any different...They're going to take 3 zeros off the nominal value of the currency ...That's been beat to death but it's cool that they're still talking about it.
9-26-2024 Newshound/Intel Guru Walkingstick They [Iraq/CBI] are no longer under the umbrella for the US Treasury nor are they under any sanctions. That's nice!
9-26-2024 Newshound Guru Jeff September is the month where you have seen and heard more from the Central Bank ever throughout this entire year... They have been more vocal and have completed more steps in the month of September than any other month...Critical things are happening. They're preparing to go international.
9-26-2024 Newshound Guru Samson Article: "MP: Iraq is heading towards 'major' economic changes and a global urban revolution"
9-26-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Today the television here in Baghdad again is also talking about deleting the zero project just like the Kurds televisions yesterday...They're saying it is back in the spotlight. They're talking about the banking road map by Alaq...
9-26-2024 Newshound/Intel Guru Mnt Goat ...we have been told many times that the Project to Delete the Zeros is not just a common project to redenominate but for Iraq it is also a steppingstone as part of the process to the reinstatement. This is the reason why I am so captivated on what just happened these last few days...We witnessed another onslaught of articles about the Project to Delete the Zeros once again...the news media reports what is going on in Iraq so someone, something must have reignited the spark for the Project to Delete the Zeros...Yes, it was the CBI and when the CBI talks, I listen...the CBI sets monetary policy.
9-26-2024 Intel Guru MarkZ [via PDK] Question: Can you talk about the rate changes bankers were seeing...? MarkZ: Most of what my bankers saw... they think is a little low. Could be a place holder rate or a test rate or in-country rate…but they are once again starting to see rates that are close to what we expect. [Reference MarkZ post 9-24-2024]
9-26-2024 Intel Guru Bruce [via WiserNow] Some people believe, Oh, it's all going to go it's going to start on the first of October. That's not what we're getting. That's not what my sources are saying. They're saying we're going to get this before the end of the month, or by the end of the month...
9-26-2024 Newshound Guru Samson Article: "First smartphone factory opens in Erbil"
9-26-2024 Intel Guru Frank26 Article: "The government forms a higher committee to adapt Iraq banks to International financial requirements" What does that mean? It means the Iraq dinar is going to float internationally in international markets. But it's at a program rate? No it's not. But it has sanctions on the country? No it doesn't. Wells Fargo says it's on the OFAC list,
that it's on the 'bad currency' list? No it's not...That going international requires a new exchange rate. Yes it does.
9-26-2024 Intel Guru RayRen98 UH OH!! BANK SCREENS WENT BLANK TODAY ACCORDING TO SOME REPORTS...WHAT COULD CAUSE THAT TO HAPPEN NOW, TODAY, AT THIS PHASE OF THE PROJECT?" I'M BEING TOLD WHEN THE RATES RETURN TO THE SCREENS...IT'S COWABUNGA TIME (DEFINITION OF COWABUNGA TO EXPRESS THE LIGHT OR SATISFACTION). BANKS ARE EXPECTING TO BE " FULLY STAFFED" ON FRIDAY.....HMMMMMMMM WONDER WHAT'S UP?
9-26-2024 Newshound Guru Pimpy They don't plan on removing any zeros at the moment. Although my feeling is they will remove the 3 zeros and then change the exchange rate. What I'm hoping for is that they leave the zeros on and then change the exchange rate. Anything is possible, but unlikely. But so far we've got the first part we wanted, they are not removing the zeros.
9-26-2024 Newshound Guru Militia Man I'm not sure how many articles but it's been five in the last few days, maybe even six that talk about deletion of the zeros. Article quote: "Prices involves eliminating a certain number of zeros from the nominal value of the currency..." That's the exchange rate...Don't make it any different...They're going to take 3 zeros off the nominal value of the currency ...That's been beat to death but it's cool that they're still talking about it.
9-26-2024 Newshound/Intel Guru Walkingstick They [Iraq/CBI] are no longer under the umbrella for the US Treasury nor are they under any sanctions. That's nice!
9-26-2024 Newshound Guru Jeff September is the month where you have seen and heard more from the Central Bank ever throughout this entire year... They have been more vocal and have completed more steps in the month of September than any other month...Critical things are happening. They're preparing to go international.
9-26-2024 Newshound Guru Samson Article: "MP: Iraq is heading towards 'major' economic changes and a global urban revolution"
9-26-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Today the television here in Baghdad again is also talking about deleting the zero project just like the Kurds televisions yesterday...They're saying it is back in the spotlight. They're talking about the banking road map by Alaq...
9-26-2024 Newshound/Intel Guru Mnt Goat ...we have been told many times that the Project to Delete the Zeros is not just a common project to redenominate but for Iraq it is also a steppingstone as part of the process to the reinstatement. This is the reason why I am so captivated on what just happened these last few days...We witnessed another onslaught of articles about the Project to Delete the Zeros once again...the news media reports what is going on in Iraq so someone, something must have reignited the spark for the Project to Delete the Zeros...Yes, it was the CBI and when the CBI talks, I listen...the CBI sets monetary policy.
9-26-2024 Intel Guru MarkZ [via PDK] Question: Can you talk about the rate changes bankers were seeing...? MarkZ: Most of what my bankers saw... they think is a little low. Could be a place holder rate or a test rate or in-country rate…but they are once again starting to see rates that are close to what we expect. [Reference MarkZ post 9-24-2024]
9-26-2024 Intel Guru Bruce [via WiserNow] Some people believe, Oh, it's all going to go it's going to start on the first of October. That's not what we're getting. That's not what my sources are saying. They're saying we're going to get this before the end of the month, or by the end of the month...
9-25-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV shows USA Treasury personnel and they're saying to us that Iraq is very close to competing their money transfers to electronic to offset money laundering. FRANK: To see it coming from the US Treasury is good...You ain't close dude! Horse shoes and grenades are close. This is pinpoint laser accurate. It is done! It is being announced.
9-25-2024 Newshound Guru Clare Article: "Prime Minister: We are working to support investments that aim to diversify the economy away from oil"
9-25-2024 Newshound Guru Kaperoni Community Comment "If Trump gets elected and the US digs baby digs. Oil price will drop like a rock. Then Iraq will be back to 'Austerity Measures' again." One can hope. Iraq needs motivation.
9-25-2024 Newshound Guru Jeff They need to step away from oil. That's a World Trade requirement. They need additional forms of revenue streams to join the World Trade. They can't have just oil as a revenue stream. That's why they really have to roll out taxation and implement...
9-25-2024 Newshound Guru Samson "US Treasury: Iraq's non-oil economy grew by 6%"
9-25-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
On our television we're now seeing Kurdistan news on our television. We are seeing the Kurdish news is now talking about Iraq is planning on a currency redenomination. They're saying Iraq is going to delete the three zeros and this will bring value to the currency of Iraq and it will facilitate financial transactions. FRANK: ...Does it get any better than that?! ...Re-denomination means they will replace the 3-zero note with lower notes because the new exchange rate will only work with the new lower notes they're about to give you.
9-25-2024 Newshound Guru Pimpy Kuwait is not the same damn thing that's happening in Iraq. Iraq's money is inflated. Kuwait never had to inflate their dinars. They never had large bank notes like Iraq does. They never had to change them in for lower denominations. None of that shit is true. Outside of the fact that they increased the value for the Kuwait dinar, nothing else matches...All Kuwait had to do was re-denominate their currency without deleting zeros. They just changed the way Kuwait dinar looked. That was it. Iraq's case is a little bit different...they added 3 zeros. They're talking about deletion of the zeros...
9-25-2024 Intel Guru MarkZ [via PDK] ..."Treasury supports CBI of Iraq” I think this is important. The US Treasury is supporting the Central Bank of Iraq. Why is this important? Over the last few weeks articles states Iraq has full control of its money …and now the US Treasury is saying the CBI is doing a great job…Troops are getting moved out…and they are openly talking about their project to delete the zeros. Imo opinions things are warm and fuzzy in Iraq even if we do not know the timing yet.
9-25-2024 Newshound Guru Jeff September has been the most active month and it's been the most informative with news, actions, everything. September has been their busiest month preparing for this rate change throughout this entire year. That's not coincidental. They're preparing for the rate change. And they're preparing to go international.
9-25-2025 Newshound Guru Militia Man Quote: "The process of removing the zeros from a currency means replacing the old currency with a new one in order to simplify the accounting process between consumers. It is often resorted to by countries that suffer from high inflation and have become unable to deal with paper currencies of very low value." Iraq doesn't have high inflation so it's not a lop. We've been over that time and time again.
9-25-2024 Newshound Guru Samson Article: "Iraq Plans Currency Redenomination Amid Economic Challenge"
9-25-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The television is running that report again along with commercials in this report about how we are reviewing the deletion of the zeros. It's on the news. It's been on the news all day. The same report over and over again. FRANK: Because that is exactly what they are about to do.
9-25-2024 Guest Guru Luigi1 Iraq is in a very good position right now, This is what Iraq & Dinarians were waiting for. Nations & corporations are lining up to get a piece of the pie. There's opportunities for those that get in early on the ground floor...IMHO
9-25-2024 Intel Guru MarkZ [via PDK] “Iraq reviews the US Treasury the date of abandoning the currency auction” this is so important. I was told Oct 1st - no more foreign currency auctions. This is the one thing I was told to look for –When they are done with foreign currency auctions…they would revalue. And this news just came out [Tuesday] that they are ending them.
TV shows USA Treasury personnel and they're saying to us that Iraq is very close to competing their money transfers to electronic to offset money laundering. FRANK: To see it coming from the US Treasury is good...You ain't close dude! Horse shoes and grenades are close. This is pinpoint laser accurate. It is done! It is being announced.
9-25-2024 Newshound Guru Clare Article: "Prime Minister: We are working to support investments that aim to diversify the economy away from oil"
9-25-2024 Newshound Guru Kaperoni Community Comment "If Trump gets elected and the US digs baby digs. Oil price will drop like a rock. Then Iraq will be back to 'Austerity Measures' again." One can hope. Iraq needs motivation.
9-25-2024 Newshound Guru Jeff They need to step away from oil. That's a World Trade requirement. They need additional forms of revenue streams to join the World Trade. They can't have just oil as a revenue stream. That's why they really have to roll out taxation and implement...
9-25-2024 Newshound Guru Samson "US Treasury: Iraq's non-oil economy grew by 6%"
9-25-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
On our television we're now seeing Kurdistan news on our television. We are seeing the Kurdish news is now talking about Iraq is planning on a currency redenomination. They're saying Iraq is going to delete the three zeros and this will bring value to the currency of Iraq and it will facilitate financial transactions. FRANK: ...Does it get any better than that?! ...Re-denomination means they will replace the 3-zero note with lower notes because the new exchange rate will only work with the new lower notes they're about to give you.
9-25-2024 Newshound Guru Pimpy Kuwait is not the same damn thing that's happening in Iraq. Iraq's money is inflated. Kuwait never had to inflate their dinars. They never had large bank notes like Iraq does. They never had to change them in for lower denominations. None of that shit is true. Outside of the fact that they increased the value for the Kuwait dinar, nothing else matches...All Kuwait had to do was re-denominate their currency without deleting zeros. They just changed the way Kuwait dinar looked. That was it. Iraq's case is a little bit different...they added 3 zeros. They're talking about deletion of the zeros...
9-25-2024 Intel Guru MarkZ [via PDK] ..."Treasury supports CBI of Iraq” I think this is important. The US Treasury is supporting the Central Bank of Iraq. Why is this important? Over the last few weeks articles states Iraq has full control of its money …and now the US Treasury is saying the CBI is doing a great job…Troops are getting moved out…and they are openly talking about their project to delete the zeros. Imo opinions things are warm and fuzzy in Iraq even if we do not know the timing yet.
9-25-2024 Newshound Guru Jeff September has been the most active month and it's been the most informative with news, actions, everything. September has been their busiest month preparing for this rate change throughout this entire year. That's not coincidental. They're preparing for the rate change. And they're preparing to go international.
9-25-2025 Newshound Guru Militia Man Quote: "The process of removing the zeros from a currency means replacing the old currency with a new one in order to simplify the accounting process between consumers. It is often resorted to by countries that suffer from high inflation and have become unable to deal with paper currencies of very low value." Iraq doesn't have high inflation so it's not a lop. We've been over that time and time again.
9-25-2024 Newshound Guru Samson Article: "Iraq Plans Currency Redenomination Amid Economic Challenge"
9-25-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The television is running that report again along with commercials in this report about how we are reviewing the deletion of the zeros. It's on the news. It's been on the news all day. The same report over and over again. FRANK: Because that is exactly what they are about to do.
9-25-2024 Guest Guru Luigi1 Iraq is in a very good position right now, This is what Iraq & Dinarians were waiting for. Nations & corporations are lining up to get a piece of the pie. There's opportunities for those that get in early on the ground floor...IMHO
9-25-2024 Intel Guru MarkZ [via PDK] “Iraq reviews the US Treasury the date of abandoning the currency auction” this is so important. I was told Oct 1st - no more foreign currency auctions. This is the one thing I was told to look for –When they are done with foreign currency auctions…they would revalue. And this news just came out [Tuesday] that they are ending them.
9-24-2024 Newshound Guru Jeff Pretty much everything happening right now, along with Sudani being in the UN, everything has to do with Iraq going international...
9-24-2024 Intel Guru MarkZ [via PDK] The chatter coming out of the banking side has been pretty severe today - in a good way. They say rates are being seen…but I haven’t confirmed them …But I am hearing this from 3-4 different sources that work at different banking institutions…and they all agree on the rate of $3.57 on the screens...It’s certainly interesting this is being seen by so many …and the same rate.
9-24-2024 Newshound Guru Clare Article: "Iraq presents to US Treasury date for abandoning currency auction" Quote: "The Prime Minister informed Mohammed Shia Al-Sudani, US Treasury Department, keeps only 5% of remittances Foreign It is not done through the electronic platform, and it will be completed by the end of this year"
9-24-2024 Newshound Guru Samson Article: "Prime Minister discusses with US Secretary of State ending international coalition presence in Iraq"
9-24-2024 Newshound Guru Militia Man We had three articles the other day and now we have another one out today. Article: "Removing zeros from the Iraqi dinar is back in the spotlight: Strengthening the currency or just changing its form?" Quote: "...Remove the zero...is done by removing specific number of zeros from the nominal value of the currency." They didn't say from the currency bills themselves. They're talking about the nominal value. For all you folks out there that have been talking about a lop, please just read and see...What is the value of your currency? Today it's .00076. If you take off 3 zeros what do you have? .76
9-24-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy [bank friend] expects by the end of this year or early '25 we will see what we're looking for...but he agrees with you it could happen at any time in the next three months of this year. FRANK: Mr. Sammy and I are on the same page. The only difference is he's truing the pages a little slower than I am. I do not see this going into next year.
9-24-2024 Newshound/Intel Guru Fnu Lnu I would like to assure the Dinar investor community of a couple of things. There comes a time when common sense and logic must prevail. There will be NO travel necessary to exchange your Dinar for American dollars (USD). You will not have to go to Jordan, Egypt, or Syria. There will be NO $0.10 revaluation. It was already at the rate of $3.22 to 1 Dinar when the only resource was oil. Dr. Shabibi, the preeminent expert, stated publicly, that Iraq could sustain an $16 to 1 Dinar rate but lets not get greedy. $4.80 is just about right. Stay tuned because I will have a mind bender coming for you next time and it will really make you think.
9-24-2024 Newshound Guru Jeff We had five of these articles talking about deleting the zeros...and then one today, so six total within 3 days. Very amazing ...Removing zeros is getting rid of the large 3-zero notes and replacing them with smaller size currency notes but at an increased value. So when the rate changes the large notes have the same purchase power before the rate change as the smaller notes after the rate changes. They would have to increase the value for the currency, strengthen it, to delete the zeros... This news is looking really good.
9-24-2024 Intel Guru RayRen98 It's GETTING HOT IN HERE...!!! BANKS ARE VERY EXCITED...SEEING DINAR @ $3.57. THEY SAY THEY'RE JUST AWAITING AUTHORIZATION...THE $3.57 RATE ON THE BANK SCREENS WILL BE HIGHER WHEN WE GO IN... EVEN THOUGH SOME ARE EXPECTING IT TODAY, I AM FOCUSING MORE ON TOMORROW... DEFINITELY "GOOD NEWS"...IF IT HOLDS TRUE.
9-24-2024 Newshound Guru Pimpy [Response to Guru Markz post 9-23-2024 below] They're not doing exactly the same thing they did in Kuwait...Iraq has 25,000 notes. Kuwait never inflated their money. They never had to. They're not using the same terminology...They devalued their currency to keep it from being stolen by Iraq...They didn't want the Kuwait people to lose their wealth so they devalued the currency. As soon as Iraq was chased out of Kuwait they turned around and they re-denominated which means they changed the looks of the notes. They didn't have to delete zeros...Kuwait got new notes. The denominations never changed...
9-24-2024 Newshound Guru Clare Article: "Iraq Plans Currency Redenomination Amid Economic Challenges" Quote: "Many countries remove zeros from their currencies to revalue the national currency and facilitate financial transactions. This process involves eliminating a certain number of zeros from the nominal value of the currency, making it less inflationary and more stable."
9-24-2024 Newshound Guru Samson Article: "Removing zeros from the Iraqi dinar is back in the spotlight.. Strengthening the currency or just changing its form?"
9-24-2024 Newshound Guru Militia Man Article quote: "US Department of Treasury...Deputy Secretary of the Treasury has support for the Central Bank of Iraq and the Prime Minister's reform agenda...He's applauded Iraq's 6% growth in the non-oil economy." Here they are just getting started and they've already got 6% increase. That's huge you guys. That's really big.
9-24-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Channel One News is showing the Kuwait dinar currently at $3.60. They're talking about the Kuwait dinar? FRANK: What the hell for? You know why [Firefly].
9-24-2024 Newshound/Intel Guru Mnt Goat Article: "BY 48.5%.. BANKS ASSOCIATION: FINANCIAL INCLUSION IN IRAQ HAS INCREASED" ...When will they feel they have achieved enough? I think they are about there already. Choo Choo!!!
9-24-2024 Intel Guru MarkZ [via PDK] We have Sudani in New York and Al Alak (Governor of the CBI) is openly discussing deleting the zeros- which is kind of a first for him. And we have HCL movement in Iraq. There is big stuff going on. Article: ”Tomorrow the launch of employees salary financing” That came out yesterday so it is today. Today they are getting paid. This is HCL (Hydro Carbon Law) stuff going on. Article: “Kurdistan deposits nearly 100 Billion dinars of its non-oil revenues in the Baghdad Treasury” IMO they would not be doing this if they were not done with HCL...Look for an announcement at any moment.
9-24-2024 Intel Guru MarkZ [via PDK] The chatter coming out of the banking side has been pretty severe today - in a good way. They say rates are being seen…but I haven’t confirmed them …But I am hearing this from 3-4 different sources that work at different banking institutions…and they all agree on the rate of $3.57 on the screens...It’s certainly interesting this is being seen by so many …and the same rate.
9-24-2024 Newshound Guru Clare Article: "Iraq presents to US Treasury date for abandoning currency auction" Quote: "The Prime Minister informed Mohammed Shia Al-Sudani, US Treasury Department, keeps only 5% of remittances Foreign It is not done through the electronic platform, and it will be completed by the end of this year"
9-24-2024 Newshound Guru Samson Article: "Prime Minister discusses with US Secretary of State ending international coalition presence in Iraq"
9-24-2024 Newshound Guru Militia Man We had three articles the other day and now we have another one out today. Article: "Removing zeros from the Iraqi dinar is back in the spotlight: Strengthening the currency or just changing its form?" Quote: "...Remove the zero...is done by removing specific number of zeros from the nominal value of the currency." They didn't say from the currency bills themselves. They're talking about the nominal value. For all you folks out there that have been talking about a lop, please just read and see...What is the value of your currency? Today it's .00076. If you take off 3 zeros what do you have? .76
9-24-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy [bank friend] expects by the end of this year or early '25 we will see what we're looking for...but he agrees with you it could happen at any time in the next three months of this year. FRANK: Mr. Sammy and I are on the same page. The only difference is he's truing the pages a little slower than I am. I do not see this going into next year.
9-24-2024 Newshound/Intel Guru Fnu Lnu I would like to assure the Dinar investor community of a couple of things. There comes a time when common sense and logic must prevail. There will be NO travel necessary to exchange your Dinar for American dollars (USD). You will not have to go to Jordan, Egypt, or Syria. There will be NO $0.10 revaluation. It was already at the rate of $3.22 to 1 Dinar when the only resource was oil. Dr. Shabibi, the preeminent expert, stated publicly, that Iraq could sustain an $16 to 1 Dinar rate but lets not get greedy. $4.80 is just about right. Stay tuned because I will have a mind bender coming for you next time and it will really make you think.
9-24-2024 Newshound Guru Jeff We had five of these articles talking about deleting the zeros...and then one today, so six total within 3 days. Very amazing ...Removing zeros is getting rid of the large 3-zero notes and replacing them with smaller size currency notes but at an increased value. So when the rate changes the large notes have the same purchase power before the rate change as the smaller notes after the rate changes. They would have to increase the value for the currency, strengthen it, to delete the zeros... This news is looking really good.
9-24-2024 Intel Guru RayRen98 It's GETTING HOT IN HERE...!!! BANKS ARE VERY EXCITED...SEEING DINAR @ $3.57. THEY SAY THEY'RE JUST AWAITING AUTHORIZATION...THE $3.57 RATE ON THE BANK SCREENS WILL BE HIGHER WHEN WE GO IN... EVEN THOUGH SOME ARE EXPECTING IT TODAY, I AM FOCUSING MORE ON TOMORROW... DEFINITELY "GOOD NEWS"...IF IT HOLDS TRUE.
9-24-2024 Newshound Guru Pimpy [Response to Guru Markz post 9-23-2024 below] They're not doing exactly the same thing they did in Kuwait...Iraq has 25,000 notes. Kuwait never inflated their money. They never had to. They're not using the same terminology...They devalued their currency to keep it from being stolen by Iraq...They didn't want the Kuwait people to lose their wealth so they devalued the currency. As soon as Iraq was chased out of Kuwait they turned around and they re-denominated which means they changed the looks of the notes. They didn't have to delete zeros...Kuwait got new notes. The denominations never changed...
9-24-2024 Newshound Guru Clare Article: "Iraq Plans Currency Redenomination Amid Economic Challenges" Quote: "Many countries remove zeros from their currencies to revalue the national currency and facilitate financial transactions. This process involves eliminating a certain number of zeros from the nominal value of the currency, making it less inflationary and more stable."
9-24-2024 Newshound Guru Samson Article: "Removing zeros from the Iraqi dinar is back in the spotlight.. Strengthening the currency or just changing its form?"
9-24-2024 Newshound Guru Militia Man Article quote: "US Department of Treasury...Deputy Secretary of the Treasury has support for the Central Bank of Iraq and the Prime Minister's reform agenda...He's applauded Iraq's 6% growth in the non-oil economy." Here they are just getting started and they've already got 6% increase. That's huge you guys. That's really big.
9-24-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Channel One News is showing the Kuwait dinar currently at $3.60. They're talking about the Kuwait dinar? FRANK: What the hell for? You know why [Firefly].
9-24-2024 Newshound/Intel Guru Mnt Goat Article: "BY 48.5%.. BANKS ASSOCIATION: FINANCIAL INCLUSION IN IRAQ HAS INCREASED" ...When will they feel they have achieved enough? I think they are about there already. Choo Choo!!!
9-24-2024 Intel Guru MarkZ [via PDK] We have Sudani in New York and Al Alak (Governor of the CBI) is openly discussing deleting the zeros- which is kind of a first for him. And we have HCL movement in Iraq. There is big stuff going on. Article: ”Tomorrow the launch of employees salary financing” That came out yesterday so it is today. Today they are getting paid. This is HCL (Hydro Carbon Law) stuff going on. Article: “Kurdistan deposits nearly 100 Billion dinars of its non-oil revenues in the Baghdad Treasury” IMO they would not be doing this if they were not done with HCL...Look for an announcement at any moment.
9-23-2024 Newshound Guru Clare Article: "Iraq participates in the "Future" summit at the United Nations in New York"
9-23-2024 Newshound Guru Militia Man The '23, '24, '25 tripartite budget for investment they haven't exposed it yet...Why not? Probably because it has an exchange rate sensitivity to it.
9-23-2024 Newshound Guru Jeff Iraq has been secretly amending the budget in the background preparing for this budget period and getting the budget done. After they approved it June 3rd it was never really completed or published in the Gazette. They've been secretly amending it since that point forward...This investment has gotten real.
9-23-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is telling us if we make cash payments on bills we will be charged an extra 5%. If we use our cards to make payments we will not be charged 5% extra. Isn't that the opposite of normal ways of doing it? FRANK: That is correct...You're going international. You have to use your cards. If you use cash you'll be punished. Use your cards...
9-23-2024 Newshound Sandy Ingram This is concerning, why do Iranian backed militias keep targeting Israel? ...This information comes from 9 different sources...These are real missiles, this is is a real news story...The Israeli Air Force successfully intercepted multiple aerial threats from Iraq. These included two cruise missiles...rockets...drones...Israel Defense Forces confirmed the interceptions with no targets breached Israeli airspace...The Islamic Resistance in Iraq tied to Iran claimed responsibility...My concern is Israel will respond to Iraq in a harsh way. It does not matter who is launching the deadly missiles, the threat is coming out of Iraq.
9-23-2024 Newshound Guru Samson "Prime Minister: We support investments that aim to diversify the economy away from oil"
9-23-2024 Guru Nader From The Mid East [Follow up to Nader's 3 weeks to exchange large notes to small notes post from 9-22-2024 below] The only problem we all have here in America, Canada, Australia, England or wherever, you have to find a way to exchange that big bills to smaller bills. I'm talking about Iraq dinars, you change the 25,000 to 500s. This how is going to be. They're going to have the 1s, 5s, 10s, 25s, 100s, 250s and 500s. That's what they going to have...If you have 25,000 [note] it's going to be 25,000 dinar.
9-23-2024 Newshound Guru Clare Article: ”Al-Alaq: We are constantly reviewing the deletion of zeros from the dinar, and there are no restrictions on our balances in America"
9-23-2024 Intel Guru MarkZ [via PDK] In Iraq: Pay attention to this one. “Al Alaq –We are constantly reviewing the deletion of dinar zeros and there are no restrictions on the balances in America” That part “No restrictions” is telling us that Iraq is in charge of its own money. In this article when you do a deep dive in it - they are doing exactly what they did in Kuwait with the terminology and phrasing and telling us it’s time to remove those zeros. In Kuwait they greatly increased the value…they had to turn them in for lower denomination notes or deposit them in banks…. Question: So we have to exchange our 25k notes for lower denoms before we exchange? MarkZ: No…That is how it worked in Kuwait.
9-23-2024 Newshound Guru Militia Man Alaq is stating, 'we are constantly reviewing the deletion of the zeros from the dinar and there are no restrictions on our balances in America.' So here again he's talking about deletion of the zeros in September 2024 just like he did back in July of 2023. Quote: "The Central Bank of Iraq has reduced reliance on the US dollar in commercial transactions according to the governor of the Central Bank...adding that the project to remove the zeros in Iraq is under continuous review and study at the bank." It's fascinating to see he's back beating the drum about deletion of the zeros.
9-23-2024 Newshound Guru Jeff Next week they have stated they will be announcing the agreed upon actions for the US troop withdrawal.
9-23-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy says they are way ahead of what they are telling us but they can't tell you everything. It's all for safety of our country...markets... speculators... FRANK: There are many things happening right now that are extremely good for our investment. It may seem like it's so far away but it's actually right in front of us. It's not a mirage and you are already touching it.
9-23-2024 Newshound/Intel Guru Mnt Goat Here is the process of the reinstatement...: Institute the reforms the “Pillars of Financial Reform” – Banking, Insurance, Stock Market; Get rid of the parallel market and demand for the dollar through the black market; Realize the Central Bank “official” rate of the dinar and overcome the dollar crisis.; Be able to raise the “official” rate of the dinar against to dollar to a sustainable, realistic rate that reflects the true economy of Iraq (just over a dollar in-country); Conduct the Project to Delete the Zeros: decrease the monetary mass by collecting these large three zero notes,stashes/hoards of dinars and dollars. Swap out the currency; Watch/monitor for inflationary pressures on the process; Reinstate the IQD back to the global currency exchanges ie. FOREX. Not just a placeholder on FOREX pointing to ISX but the ability of tradable buy and sell options.
9-23-2024 Intel Guru MarkZ [via PDK] The chatter is good and the news out of Iraq is steller. Lots of meeting going on between now and the 25th. I very much believe that the month of September is still very much in play.
9-23-2024 Newshound Guru Militia Man The '23, '24, '25 tripartite budget for investment they haven't exposed it yet...Why not? Probably because it has an exchange rate sensitivity to it.
9-23-2024 Newshound Guru Jeff Iraq has been secretly amending the budget in the background preparing for this budget period and getting the budget done. After they approved it June 3rd it was never really completed or published in the Gazette. They've been secretly amending it since that point forward...This investment has gotten real.
9-23-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is telling us if we make cash payments on bills we will be charged an extra 5%. If we use our cards to make payments we will not be charged 5% extra. Isn't that the opposite of normal ways of doing it? FRANK: That is correct...You're going international. You have to use your cards. If you use cash you'll be punished. Use your cards...
9-23-2024 Newshound Sandy Ingram This is concerning, why do Iranian backed militias keep targeting Israel? ...This information comes from 9 different sources...These are real missiles, this is is a real news story...The Israeli Air Force successfully intercepted multiple aerial threats from Iraq. These included two cruise missiles...rockets...drones...Israel Defense Forces confirmed the interceptions with no targets breached Israeli airspace...The Islamic Resistance in Iraq tied to Iran claimed responsibility...My concern is Israel will respond to Iraq in a harsh way. It does not matter who is launching the deadly missiles, the threat is coming out of Iraq.
9-23-2024 Newshound Guru Samson "Prime Minister: We support investments that aim to diversify the economy away from oil"
9-23-2024 Guru Nader From The Mid East [Follow up to Nader's 3 weeks to exchange large notes to small notes post from 9-22-2024 below] The only problem we all have here in America, Canada, Australia, England or wherever, you have to find a way to exchange that big bills to smaller bills. I'm talking about Iraq dinars, you change the 25,000 to 500s. This how is going to be. They're going to have the 1s, 5s, 10s, 25s, 100s, 250s and 500s. That's what they going to have...If you have 25,000 [note] it's going to be 25,000 dinar.
9-23-2024 Newshound Guru Clare Article: ”Al-Alaq: We are constantly reviewing the deletion of zeros from the dinar, and there are no restrictions on our balances in America"
9-23-2024 Intel Guru MarkZ [via PDK] In Iraq: Pay attention to this one. “Al Alaq –We are constantly reviewing the deletion of dinar zeros and there are no restrictions on the balances in America” That part “No restrictions” is telling us that Iraq is in charge of its own money. In this article when you do a deep dive in it - they are doing exactly what they did in Kuwait with the terminology and phrasing and telling us it’s time to remove those zeros. In Kuwait they greatly increased the value…they had to turn them in for lower denomination notes or deposit them in banks…. Question: So we have to exchange our 25k notes for lower denoms before we exchange? MarkZ: No…That is how it worked in Kuwait.
9-23-2024 Newshound Guru Militia Man Alaq is stating, 'we are constantly reviewing the deletion of the zeros from the dinar and there are no restrictions on our balances in America.' So here again he's talking about deletion of the zeros in September 2024 just like he did back in July of 2023. Quote: "The Central Bank of Iraq has reduced reliance on the US dollar in commercial transactions according to the governor of the Central Bank...adding that the project to remove the zeros in Iraq is under continuous review and study at the bank." It's fascinating to see he's back beating the drum about deletion of the zeros.
9-23-2024 Newshound Guru Jeff Next week they have stated they will be announcing the agreed upon actions for the US troop withdrawal.
9-23-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy says they are way ahead of what they are telling us but they can't tell you everything. It's all for safety of our country...markets... speculators... FRANK: There are many things happening right now that are extremely good for our investment. It may seem like it's so far away but it's actually right in front of us. It's not a mirage and you are already touching it.
9-23-2024 Newshound/Intel Guru Mnt Goat Here is the process of the reinstatement...: Institute the reforms the “Pillars of Financial Reform” – Banking, Insurance, Stock Market; Get rid of the parallel market and demand for the dollar through the black market; Realize the Central Bank “official” rate of the dinar and overcome the dollar crisis.; Be able to raise the “official” rate of the dinar against to dollar to a sustainable, realistic rate that reflects the true economy of Iraq (just over a dollar in-country); Conduct the Project to Delete the Zeros: decrease the monetary mass by collecting these large three zero notes,stashes/hoards of dinars and dollars. Swap out the currency; Watch/monitor for inflationary pressures on the process; Reinstate the IQD back to the global currency exchanges ie. FOREX. Not just a placeholder on FOREX pointing to ISX but the ability of tradable buy and sell options.
9-23-2024 Intel Guru MarkZ [via PDK] The chatter is good and the news out of Iraq is steller. Lots of meeting going on between now and the 25th. I very much believe that the month of September is still very much in play.
9-22-2024 Newshound Guru Samson Article: "No restrictions on our balances in America".. Al-Alaq: The number of bank cards has increased to 19.75 million cards"
9-22-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The crooks are also talking on TV. Every time a commercial comes out...They're saying changing the rate will be a disaster. FRANK: The crooks are Iran/parliament...The only reason they're saying this is because they know very well the rate is about to change. It's no secret. Sudani is preparing the whole Middle East and all his people for the change this year.
9-22-2024 Newshound Guru Militia Man Purchasing power is deserved by this country. They have assets that are phenomenal. The non-oil revenues... gold reserves, foreign reserves and other sources of income through taxes and tariffs etc is going to be phenomenal.
9-22-2024 Newshound Guru Jeff Supplemental budget...that's all we're waiting on. Right now the actual budget for operating expenses is done. It will need to be amended though because it doesn't have the supplementary portion of it to fund the 5-year development plan and reforms...
9-22-2024 Newshound/Intel Guru Fnu Lnu Exchange Centers are off premises bank facilities to prevent excess traffic at bank branches. It is illegal to have different rates at different places. Remember the Law of One Price.
9-22-2024 Guru Nader From The Mid East They're going to remove the 3 zeros soon... In 1990 Kuwait did the same thing...If you go back in that time and you find the article, you can read it, it's the same article come out, the big bills are going to be the same than the small bills...25,000 dinars they're going to count like 25. What they did was the opposite, the whole opposite, the 25,000 become 25,000. They stayed 25,000. When you go change your money [Iraqi dinars] this is what's going to having...You'll have three weeks to find a way to exchange your money to small category dinar. Once you change your money to small categories you guys safe. That's how it's going to work...
9-22-2024 Newshound Guru Samson Article: ”Central Bank Governor: Activities of sanctioned Iraqi banks continue in all currencies except the dollar"
9-22-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
They talked more about the Article 140. They had a big meeting yesterday. Sudani saying it's in the completion stages. FRANK: You have a 3-year budget...salaries...HCL rights...new census...lower denominations with purchasing power coming to you that they have promised to you this year. All these things require a new exchange rate...It's very obvious they are preparing you Iraqi citizens for all of this!
9-22-2024 Newshound Guru Militia Man [Gazette Issue] 4782 [supposedly containing the new budget in June] is not there you guys...If they're going to do Article 140 and you're going to have a hydrocarbon law you're going to need to have an official exchange rate...
9-22-2024 Newshound Guru Jeff Today alone in their news, four different articles talking about deleting the zeros. This investment has gotten real. The rate can change at any time now. It's very close.
9-22-2024 Newshound/Intel Guru Mnt Goat Ali Al-Alaq is still the acting Director of the CBI just as we were told by my CBI contact the GOI never did accept his resignation. The goals are still the same as they want to eliminate this Black Market corruption with the dollar and set the rate first at par with the official CBI rate. Then once this is in control, they intend to change the official rate and the rest is history as the saga of the currency swap out can then occur.
9-22-2024 Intel Guru MarkZ [via PDK] There is a lot of chatter that come Monday morning we will wake up and see it (RV) …I don’t know - but the chatter is deafening.
9-22-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The crooks are also talking on TV. Every time a commercial comes out...They're saying changing the rate will be a disaster. FRANK: The crooks are Iran/parliament...The only reason they're saying this is because they know very well the rate is about to change. It's no secret. Sudani is preparing the whole Middle East and all his people for the change this year.
9-22-2024 Newshound Guru Militia Man Purchasing power is deserved by this country. They have assets that are phenomenal. The non-oil revenues... gold reserves, foreign reserves and other sources of income through taxes and tariffs etc is going to be phenomenal.
9-22-2024 Newshound Guru Jeff Supplemental budget...that's all we're waiting on. Right now the actual budget for operating expenses is done. It will need to be amended though because it doesn't have the supplementary portion of it to fund the 5-year development plan and reforms...
9-22-2024 Newshound/Intel Guru Fnu Lnu Exchange Centers are off premises bank facilities to prevent excess traffic at bank branches. It is illegal to have different rates at different places. Remember the Law of One Price.
9-22-2024 Guru Nader From The Mid East They're going to remove the 3 zeros soon... In 1990 Kuwait did the same thing...If you go back in that time and you find the article, you can read it, it's the same article come out, the big bills are going to be the same than the small bills...25,000 dinars they're going to count like 25. What they did was the opposite, the whole opposite, the 25,000 become 25,000. They stayed 25,000. When you go change your money [Iraqi dinars] this is what's going to having...You'll have three weeks to find a way to exchange your money to small category dinar. Once you change your money to small categories you guys safe. That's how it's going to work...
9-22-2024 Newshound Guru Samson Article: ”Central Bank Governor: Activities of sanctioned Iraqi banks continue in all currencies except the dollar"
9-22-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
They talked more about the Article 140. They had a big meeting yesterday. Sudani saying it's in the completion stages. FRANK: You have a 3-year budget...salaries...HCL rights...new census...lower denominations with purchasing power coming to you that they have promised to you this year. All these things require a new exchange rate...It's very obvious they are preparing you Iraqi citizens for all of this!
9-22-2024 Newshound Guru Militia Man [Gazette Issue] 4782 [supposedly containing the new budget in June] is not there you guys...If they're going to do Article 140 and you're going to have a hydrocarbon law you're going to need to have an official exchange rate...
9-22-2024 Newshound Guru Jeff Today alone in their news, four different articles talking about deleting the zeros. This investment has gotten real. The rate can change at any time now. It's very close.
9-22-2024 Newshound/Intel Guru Mnt Goat Ali Al-Alaq is still the acting Director of the CBI just as we were told by my CBI contact the GOI never did accept his resignation. The goals are still the same as they want to eliminate this Black Market corruption with the dollar and set the rate first at par with the official CBI rate. Then once this is in control, they intend to change the official rate and the rest is history as the saga of the currency swap out can then occur.
9-22-2024 Intel Guru MarkZ [via PDK] There is a lot of chatter that come Monday morning we will wake up and see it (RV) …I don’t know - but the chatter is deafening.
9-21-2024 Newshound Guru Clare Article "Will Parliament resort to the courts to dismiss Al-Alaq?" Quote "the Governor of the Central Bank, Ali Al-Alaq, refused the request to host him in Parliament, while threatening to resort to the courts to file a complaint against the negligent."
9-21-2024 Newshound Guru Militia Man Iraq's going to be going international in the near future. They are already under the process 100% as far as I'm concerned... .
9-21-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani back on TV talking about he has formed committee to align Iraqi banks with international standards. FRANK: Why would you be aligned with International standards? You're a program rate.
9-21-2024 Newshound Guru Pimpy Don't be discouraged. Everything is on track. Iraq is doing what they need to do to get out of trouble. Leaving the 3 zeros on puts a smile on my face. Only if the exchange rate would change, that would be a great combination...
9-21-2024 Newshound Guru Jeff This investment is coming together thoroughly. You can see it coming together like clockwork.
9-21-2024 Newshound Guru Clare Article: "Al-Sudani heads to New York to participate in UN General Assembly meetings" Quote: "Prime Minister Mohammed Shia Al-Sudani will head to New York...Saturday, to participate in the meetings of the 79th session of the United Nations General Assembly."
9-21-2024 Newshound Guru Samson "Sudanese leaves for New York next weekend to participate in UN General Assembly meetings"
9-21-2024 Newshound Guru Militia Man I looked today on the Ministry of Judiciary, their official gazette, and 4782 [The skipped issue that's potentially holding the budget] is not there. Again, there's a reason for it it. Does it mean it's not done? I don't know. But it's not there...It doesn't mean it's not going to be.
9-21-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Alaq on TV now. He says even with the low oil prices we are stable and inflation in our county is low because we have strong reserves and we have non-oil revenues efficient enough now to also contribute...Then he talked again that the oil price drops have nothing to do with a high exchange rate... FRANK: ...He's trying to reassure you that the American dollar is not coming back in any shape or form into your country...Your currency is the future and its new exchange rate has been a success. That's why you're about to explode with your economic reforms...
9-21-2024 Newshound/Intel Guru Mnt Goat Article Quote: “Iraqi banks have the qualifications to switch to the electronic system, noting that “the transformation of the financial sector to the electronic system with credit cards will pave the way for attracting international investments and increasing confidence in the Iraqi economy.” I have to say it is all just about implementing the Electronic Payment and Inclusion of the banks into this new process...the CBI and the Finance Committee...are committed now to complete this effort, and I believe they are way beyond our expectations of just where they currently stand in this effort...In short summary, is this not what we all want to happen so they can pull the trigger on this revaluation and reinstatement.
9-21-2024 Intel Guru MarkZ [via PDK] It’s been a great week in Iraq and I am so upbeat about this weekend.
9-21-2024 Intel Guru Bruce [via WiserNow] ...sources told us that we would...start our exchanges on the weekend...Saturday and or Sunday...I think that's great.
9-21-2024 Newshound Guru Militia Man Iraq's going to be going international in the near future. They are already under the process 100% as far as I'm concerned... .
9-21-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani back on TV talking about he has formed committee to align Iraqi banks with international standards. FRANK: Why would you be aligned with International standards? You're a program rate.
9-21-2024 Newshound Guru Pimpy Don't be discouraged. Everything is on track. Iraq is doing what they need to do to get out of trouble. Leaving the 3 zeros on puts a smile on my face. Only if the exchange rate would change, that would be a great combination...
9-21-2024 Newshound Guru Jeff This investment is coming together thoroughly. You can see it coming together like clockwork.
9-21-2024 Newshound Guru Clare Article: "Al-Sudani heads to New York to participate in UN General Assembly meetings" Quote: "Prime Minister Mohammed Shia Al-Sudani will head to New York...Saturday, to participate in the meetings of the 79th session of the United Nations General Assembly."
9-21-2024 Newshound Guru Samson "Sudanese leaves for New York next weekend to participate in UN General Assembly meetings"
9-21-2024 Newshound Guru Militia Man I looked today on the Ministry of Judiciary, their official gazette, and 4782 [The skipped issue that's potentially holding the budget] is not there. Again, there's a reason for it it. Does it mean it's not done? I don't know. But it's not there...It doesn't mean it's not going to be.
9-21-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Alaq on TV now. He says even with the low oil prices we are stable and inflation in our county is low because we have strong reserves and we have non-oil revenues efficient enough now to also contribute...Then he talked again that the oil price drops have nothing to do with a high exchange rate... FRANK: ...He's trying to reassure you that the American dollar is not coming back in any shape or form into your country...Your currency is the future and its new exchange rate has been a success. That's why you're about to explode with your economic reforms...
9-21-2024 Newshound/Intel Guru Mnt Goat Article Quote: “Iraqi banks have the qualifications to switch to the electronic system, noting that “the transformation of the financial sector to the electronic system with credit cards will pave the way for attracting international investments and increasing confidence in the Iraqi economy.” I have to say it is all just about implementing the Electronic Payment and Inclusion of the banks into this new process...the CBI and the Finance Committee...are committed now to complete this effort, and I believe they are way beyond our expectations of just where they currently stand in this effort...In short summary, is this not what we all want to happen so they can pull the trigger on this revaluation and reinstatement.
9-21-2024 Intel Guru MarkZ [via PDK] It’s been a great week in Iraq and I am so upbeat about this weekend.
9-21-2024 Intel Guru Bruce [via WiserNow] ...sources told us that we would...start our exchanges on the weekend...Saturday and or Sunday...I think that's great.
9-20-2024 Newshound Guru Militia Man What we're seeing and witnessing is something we've never seen before and not at this level...Something's a foot and I think it's a powerful time frame for us to see something different with Iraq.
9-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sadr...has been talking to us and telling us we were all going to go out and protest because we haven't received all the things that have been promised to us but this morning Sadr came on television and said the million man march has been cancelled, no longer useful he says. FRANK: Why are we not going to do it? Because they're going to give us what they promised us? ...IMO he's calling off the march because Sudani asked him not to do the march.
9-20-2024 Intel Guru MarkZ [via PDK] Article: “Fed and Powell unleash chaos across markets with a “Not a crisis at all” rate cut of 50 basis points” I like this article from Iraq…They are saying they have a lot of foreign currency and ways to defend their exchange rate. Why is this important? They are telling us Iraq is ready.
9-20-2024 Newshound Guru Samson Article: ”Al-Sudani leaves for New York early next week to participate in the UN General Assembly meetings"
9-20-2024 Newshound Guru Sandy Ingram If the IQD were revalued to $0.25 to 1 Iraq dinar, based on 1 million IQD you would profit $250,000. Your tax liability just on the $250,000 would place you at a 35% tax rate... Your tax would be $83,188 [Single/No Dependents]...You would only receive $166,812...Let's say the IQD readjusts to $0.80 to 1...That would be a profit of $800,000 minus the fees to exchange...You would be taxed at 37%...This would be $284,901 owed in taxes. You would only receive $515,000. This does not include your state taxes...This is not a game...No one said it was fair. [I] do not want to hear about what a new president will do because if this happens within the next year a new president cannot help you. Congress has to vote on new tax laws. [Dinar Guru Note: Consult your tax professionals at the appropriate time to create a tax strategy specific to your unique circumstances.]
9-20-2024 Newshound Guru Pimpy I want the same thing you do. Trust me, I would love nothing better to wake up in the morning and find out that the zeros are still on the dinar but they've magically changed the exchange rate to $3.22. That would be awesome.
9-20-2024 Intel Guru MarkZ [via PDK] I would rate my warm and fuzzy feeling at about a 9.9 right now. It’s very warm and very fuzzy...it was a fantastic news week from Iraq. They are being told budget tables are approved and HCL is coming... Redemption center/banking folks on a shortened “on call” for this weekend in case they are needed. These are people that work in wealth management for large banks…. Comment: I am still hearing RV in September. MarkZ: I am still hearing that as well. I hope it’s accurate.
9-20-2024 Newshound Guru Clare Article: ”Al-Sudani leaves for New York early next week to participate in the UN General Assembly meetings"
9-20-2024 Intel Guru Wolverine [via Judy Byington] Redemption Center staff have been trained. The QFS is fully integrated... Things are defiantly happening behind the scenes. We are going to be celebrating this week.
9-20-2024 Newshound Guru Militia Man Article Quote: "Alaq...points out the decline in the price of oil has nothing to do with the rise in the exchange rate because Iraq has reserves for foreign currencies which enables it to defend the exchange rate." That's what central banks do my friends. They defend the exchange rate. That does not matter whether it's at 1310, which they've done, or if it's going to be at whatever the Real Effective Exchange Rate is going to be in the future. They've worked this out. This isn't something brand new. They know what they're doing. The drop the 3-zeros project is still...going to be applied.
9-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
They're going to the streets with Sadr on the 25th. We will hit the streets in millions. We do this weekly until we are paid, starting on the 25th. Sadr has organized this and we will back him for our constitutional rights. FRANK: Sadr is a good leader. He will not do anything violent. Make sure you don't protest because you will retard the whole monetary process for you. FIREFLY: We know there's got to be a new rate coming and we going to help speed this up... [NOTE: Stay tuned for FIREFLY protest update later today.]
9-20-2024 Newshound/Intel Guru Mnt Goat ...Most already tell us Iraq is filthy rich and they are...Right now the Kuwaiti dinar is one of the highest valued currencies in the world...If you proportionately look at Iraq and compare its ability to generate wealth it can far out produce Kuwait. Why then is the KWD at $3+ and the IQD at about $.006?
9-20-2024 Intel Guru MarkZ [via PDK] What have we gotten this week? We have movement in the HCL…salaries are suddenly being agreed on…which imo - they could not agree on without knowing the new rates…we have them telling us the money laundering issue with Iran are taken care of…and the comment about 10 days ago from Sudani that they plan on lifting the value of the dinar during his term…which is in the next couple of months...So buckle up and try not to lose faith
9-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sadr...has been talking to us and telling us we were all going to go out and protest because we haven't received all the things that have been promised to us but this morning Sadr came on television and said the million man march has been cancelled, no longer useful he says. FRANK: Why are we not going to do it? Because they're going to give us what they promised us? ...IMO he's calling off the march because Sudani asked him not to do the march.
9-20-2024 Intel Guru MarkZ [via PDK] Article: “Fed and Powell unleash chaos across markets with a “Not a crisis at all” rate cut of 50 basis points” I like this article from Iraq…They are saying they have a lot of foreign currency and ways to defend their exchange rate. Why is this important? They are telling us Iraq is ready.
9-20-2024 Newshound Guru Samson Article: ”Al-Sudani leaves for New York early next week to participate in the UN General Assembly meetings"
9-20-2024 Newshound Guru Sandy Ingram If the IQD were revalued to $0.25 to 1 Iraq dinar, based on 1 million IQD you would profit $250,000. Your tax liability just on the $250,000 would place you at a 35% tax rate... Your tax would be $83,188 [Single/No Dependents]...You would only receive $166,812...Let's say the IQD readjusts to $0.80 to 1...That would be a profit of $800,000 minus the fees to exchange...You would be taxed at 37%...This would be $284,901 owed in taxes. You would only receive $515,000. This does not include your state taxes...This is not a game...No one said it was fair. [I] do not want to hear about what a new president will do because if this happens within the next year a new president cannot help you. Congress has to vote on new tax laws. [Dinar Guru Note: Consult your tax professionals at the appropriate time to create a tax strategy specific to your unique circumstances.]
9-20-2024 Newshound Guru Pimpy I want the same thing you do. Trust me, I would love nothing better to wake up in the morning and find out that the zeros are still on the dinar but they've magically changed the exchange rate to $3.22. That would be awesome.
9-20-2024 Intel Guru MarkZ [via PDK] I would rate my warm and fuzzy feeling at about a 9.9 right now. It’s very warm and very fuzzy...it was a fantastic news week from Iraq. They are being told budget tables are approved and HCL is coming... Redemption center/banking folks on a shortened “on call” for this weekend in case they are needed. These are people that work in wealth management for large banks…. Comment: I am still hearing RV in September. MarkZ: I am still hearing that as well. I hope it’s accurate.
9-20-2024 Newshound Guru Clare Article: ”Al-Sudani leaves for New York early next week to participate in the UN General Assembly meetings"
9-20-2024 Intel Guru Wolverine [via Judy Byington] Redemption Center staff have been trained. The QFS is fully integrated... Things are defiantly happening behind the scenes. We are going to be celebrating this week.
9-20-2024 Newshound Guru Militia Man Article Quote: "Alaq...points out the decline in the price of oil has nothing to do with the rise in the exchange rate because Iraq has reserves for foreign currencies which enables it to defend the exchange rate." That's what central banks do my friends. They defend the exchange rate. That does not matter whether it's at 1310, which they've done, or if it's going to be at whatever the Real Effective Exchange Rate is going to be in the future. They've worked this out. This isn't something brand new. They know what they're doing. The drop the 3-zeros project is still...going to be applied.
9-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
They're going to the streets with Sadr on the 25th. We will hit the streets in millions. We do this weekly until we are paid, starting on the 25th. Sadr has organized this and we will back him for our constitutional rights. FRANK: Sadr is a good leader. He will not do anything violent. Make sure you don't protest because you will retard the whole monetary process for you. FIREFLY: We know there's got to be a new rate coming and we going to help speed this up... [NOTE: Stay tuned for FIREFLY protest update later today.]
9-20-2024 Newshound/Intel Guru Mnt Goat ...Most already tell us Iraq is filthy rich and they are...Right now the Kuwaiti dinar is one of the highest valued currencies in the world...If you proportionately look at Iraq and compare its ability to generate wealth it can far out produce Kuwait. Why then is the KWD at $3+ and the IQD at about $.006?
9-20-2024 Intel Guru MarkZ [via PDK] What have we gotten this week? We have movement in the HCL…salaries are suddenly being agreed on…which imo - they could not agree on without knowing the new rates…we have them telling us the money laundering issue with Iran are taken care of…and the comment about 10 days ago from Sudani that they plan on lifting the value of the dinar during his term…which is in the next couple of months...So buckle up and try not to lose faith
9-19-2024 Newshound Guru Clare Article: "The judiciary and the State Council confirm that the Governor of the Central Bank of Iraq is subject to the legal retirement age (documents)" Quote: "The two councils confirmed in documents...that the legal age for retirement is 60 years, and upon reaching it, the duties of the official assigned to it end."
9-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani comes out and he mentions that we are in the completion phase of the HCL. We know the HCL needs a rate. Sudani said the payments would be through the electronic cards, not cash. We think that's because cash would give us 1310 but through the cards we think it's going to be with a new rate. FRANK: I do not know this for a fact but I agree with you totally that your cards they are based on a new exchange rate. It makes no sense for them to be based on a restricted program rate...
9-19-2024 Newshound Guru Militia Man Article: "Government parliamentary meeting today discusses boosting non-oil revenues and developing the economy" Iraq is going to be needing non-oil revenues. We all know that...The last 18 month, almost 2 years, has been to get Iraq to a private sector and to get them to boost their non-oil revenues.
9-19-2024 Newshound Guru Kaperoni I have always stated, if the dinar is ever going to go up in value, it will be based on Iraq's economic success. This is clearly the path Iraq is taking. Nothing is random. Only with the success and growth can we see an increase in value. The good news is we are seeing progress!
9-19-2024 Intel Guru MarkZ [via PDK] Question: Does anybody think the RV could happen before the election? MarkZ: I still think it could. The world needs this badly. Comment: I think we will see it in the next 10 days. MarkZ: 90% of my sources agree with you. Comment: I have a feeling it could be any day. MarkZ: I have that same feeling.
9-19-2024 Newshound Guru Jeff The operating budget is already approved and complete. They're going to be adding additional funds to it, that's why the budget remains incomplete...they have to amend it to add the additional supplementary funds to it and increase and change the budget's expenditures. That's all that we're waiting on.
9-19-2024 Newshound/Intel Guru Fnu Lnu Let me calm everyone's fears about having to go to Jordan, Egypt, or Turkey to do your exchange. That is the most absurd thing I have ever heard. It is nothing but fear porn...Aki Aki [Fnu Lnu's Iraqi Banking Business Associate and US Private Bank Manager] told me in person, in Delaware, that he was going to open banks in the USA for his uncle and this was in 2009. He did exactly as he said. He will be exchanging Dinar as fast as he can go when the time comes...This rumor is as baseless as the myth that Exchange Centers will give you a higher rate...
9-19-2024 Newshound/Intel Guru BGG Article: "The government forms a higher committee to adapt Iraqi banks to international financial requirements"
9-19-2024 Newshound Guru Clare Article: "Central Bank Governor: We have put in place methods to secure the provision of dollars and are subject to strict supervision" Quote: "Alaq, announced today, Wednesday, that all transfers are subject to auditing processes, while he indicated that the decline in oil prices has nothing to do with the rise in the exchange rate"
9-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
On November the 20th to the 21st we have a curfew for the very first census in the last 27 years. FRANK: ...It looks like Sudani ordered for this new census to occur for your HCL benefits as Iraqi citizens. It seems to me the only reason he's doing it now is because you have a new exchange rate that they can work with. If not...there wouldn't be a new census...as they determine the fair amount everyone is supposed to get. This new census IMO screams that there is a new exchange rate...
9-19-2024 Newshound/Intel Guru Mnt Goat ...they are now telling us they can see light at the end of the proverbial tunnel. No, they do not directly tell us this but you can read into the articles and understand the tone...
9-19-2024 Intel Guru MarkZ [via PDK] I have a number of group leaders and bankers who swear we are getting it in the next 4-5 days. I sure hope they are right.
9-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani comes out and he mentions that we are in the completion phase of the HCL. We know the HCL needs a rate. Sudani said the payments would be through the electronic cards, not cash. We think that's because cash would give us 1310 but through the cards we think it's going to be with a new rate. FRANK: I do not know this for a fact but I agree with you totally that your cards they are based on a new exchange rate. It makes no sense for them to be based on a restricted program rate...
9-19-2024 Newshound Guru Militia Man Article: "Government parliamentary meeting today discusses boosting non-oil revenues and developing the economy" Iraq is going to be needing non-oil revenues. We all know that...The last 18 month, almost 2 years, has been to get Iraq to a private sector and to get them to boost their non-oil revenues.
9-19-2024 Newshound Guru Kaperoni I have always stated, if the dinar is ever going to go up in value, it will be based on Iraq's economic success. This is clearly the path Iraq is taking. Nothing is random. Only with the success and growth can we see an increase in value. The good news is we are seeing progress!
9-19-2024 Intel Guru MarkZ [via PDK] Question: Does anybody think the RV could happen before the election? MarkZ: I still think it could. The world needs this badly. Comment: I think we will see it in the next 10 days. MarkZ: 90% of my sources agree with you. Comment: I have a feeling it could be any day. MarkZ: I have that same feeling.
9-19-2024 Newshound Guru Jeff The operating budget is already approved and complete. They're going to be adding additional funds to it, that's why the budget remains incomplete...they have to amend it to add the additional supplementary funds to it and increase and change the budget's expenditures. That's all that we're waiting on.
9-19-2024 Newshound/Intel Guru Fnu Lnu Let me calm everyone's fears about having to go to Jordan, Egypt, or Turkey to do your exchange. That is the most absurd thing I have ever heard. It is nothing but fear porn...Aki Aki [Fnu Lnu's Iraqi Banking Business Associate and US Private Bank Manager] told me in person, in Delaware, that he was going to open banks in the USA for his uncle and this was in 2009. He did exactly as he said. He will be exchanging Dinar as fast as he can go when the time comes...This rumor is as baseless as the myth that Exchange Centers will give you a higher rate...
9-19-2024 Newshound/Intel Guru BGG Article: "The government forms a higher committee to adapt Iraqi banks to international financial requirements"
9-19-2024 Newshound Guru Clare Article: "Central Bank Governor: We have put in place methods to secure the provision of dollars and are subject to strict supervision" Quote: "Alaq, announced today, Wednesday, that all transfers are subject to auditing processes, while he indicated that the decline in oil prices has nothing to do with the rise in the exchange rate"
9-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
On November the 20th to the 21st we have a curfew for the very first census in the last 27 years. FRANK: ...It looks like Sudani ordered for this new census to occur for your HCL benefits as Iraqi citizens. It seems to me the only reason he's doing it now is because you have a new exchange rate that they can work with. If not...there wouldn't be a new census...as they determine the fair amount everyone is supposed to get. This new census IMO screams that there is a new exchange rate...
9-19-2024 Newshound/Intel Guru Mnt Goat ...they are now telling us they can see light at the end of the proverbial tunnel. No, they do not directly tell us this but you can read into the articles and understand the tone...
9-19-2024 Intel Guru MarkZ [via PDK] I have a number of group leaders and bankers who swear we are getting it in the next 4-5 days. I sure hope they are right.
9-18-2024 Newshound Guru Clare Article: ”Imposing a curfew in all Iraqi governorates on November 20 and 21" Quote: "The Iraqi government decided...to impose a curfew on November 20 and 21 in all regions and cities of the country to conduct the population census."
9-18-2024 Newshound/Intel Guru Fnu Lnu I have heard these Uncle FUD folks (Fear Uncertainty Doubt) attempting to generate negativity with the perfunctory hand-wringing stating that with the price of oil now in the $70's, the Dinar is likely to be devalued. REALLY??? They have a new 11% revenue stream they never had before due to non-oil income. They have multi-national corporations in the wings chomping at the bit to get started with projects ranging from the "Development Road" to oceans of new housing, infrastructure projects, tariffs, import fees, new port facilities, not to mention all the mineral wealth waiting to be exploited. They have record foreign reserves and 150 tons of gold plus they have sold bonds of late. They will also be repatriating all the DFI funds from the New York Central Bank if they haven't already done so...The Chicken Little routine is wearing thin...Trust me, there will be NO dinar devaluation now or in the future.
9-18-2024 Newshound Guru Samson "Our Country's Dream... Al-Sudani Sends an Important Message to Gulf States Regarding the Path to Development" Quote "Prime Minister Mohammed Shia al-Sudani stressed that the drop in oil prices to less than $72 confirms the need to diversify..."
9-18-2024 Newshound/Intel Guru Mnt Goat Is the electronic payment necessary in Iraq for the RV? NO, it is not but it will help to prevent the money laundering...
9-18-2024 Intel Guru Wolverine [via Judy Byington] Things are defiantly happening behind the scenes. We are going to be celebrating this week. There are things that I can’t say, but I wanted you to know that things are defiantly moving...
9-18-2024 Newshound Guru Pimpy PROFESSOR Continued: Reduce their dependency on the dollar. PIMPY: At the beginning of this year they were not supposed to use the US dollar anymore. PROFESSOR: ...Focus on diversifying its economy beyond oil dependency... PIMPY: Right now...only 89% of [the budget] is dependent on oil sales. A lot better than where it was. PROFESSOR: Improve trade balance...Enhancing exports...Reducing unnecessary imports ...thereby supporting a stronger dinar. PIMPY: They have things to trade but not a whole lot of options. PROFESSOR: Maintain internal stability...Monitor inflation rates... PIMPY: Right now Iraq is somewhere around 5%...He's saying if they want to reinstate the $3.22 rate these things have to be taken care of. I do find it interesting we've been listening to them talk about deleting the zeros and he's put that in here...A lot of this stuff Iraq has already started...Kudos to Al-Sudani. [Post 2 of 2]
9-18-2024 Newshound Guru Pimpy Question: "What does Iraq need to do right now to reinstate their old rate of $3.22?" Professor Boskin [of economics] graciously shared the following information which I am pleased to relay to you...It should be able to give you an idea of how far away this thing might be...The first thing he's talking about is implementing monetary reforms. PIMPY: We've been hearing about that for years so we know they definitely are implementing monetary reforms. PROFESSOR: ...The Central Bank of Iraq may consider removing zeros... PIMPY: Obviously if they're going to remove the zeros off the currency, they're going to re-denominate and print new bank notes. PROFESSOR: Establish a currency basket system...the value of the dinar would be determined against a weighted average of several currencies... [Post 1 of 2....stay tuned]
9-18-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh on television saying we will have more digital banks in Iraq than the entire surrounding region of the Middle East. They're saying the new banking reform will eliminate the black market. FRANK: BOOM! There it is. There it is. There it is.
9-18-2024 Newshound Guru Militia Man The digital transformation is here and it's only going to grow and grow and grow in totality...When they're going from a cash economy to a digitized cashless economy, is going to have what? Article VIII compliant currency on an international global Forex market. That's what we should expect at any time...
9-18-2024 Intel Guru MarkZ [via PDK] Question: …about a month ago you talked about how your contacts said your Dinar estimate was “way too low.” You were at like $3.70…so are we talking about $5? $7? $10? MarkZ: All they are telling me is my estimates are way too low.
9-18-2024 Newshound Guru tishwash Article "Al-Sudani announces the imminent end of the international coalition mission in Iraq: We will deal with any American president" Quote: "We have started a frank dialogue with the international coalition and formed a bilateral committee to arrange the withdrawal of coalition forces, and to announce the end of the coalition forces' mission in Iraq soon...indicating that the end of the international coalition's mission does not mean the end of the relationship between Iraq and the United States, but rather the opposite, we are engaged in Talks to build sustainable security relations and economic, cultural, social and scientific ties...We respect the choices of the American people in choosing their president and we will deal with any administration, stressing that Iran supports the political process and Iraq's efforts in combating terrorism. Al-Sudani concluded that Iraq is the only country in the region that has distinguished relations with Iran and the United States."
9-18-2024 Newshound/Intel Guru Fnu Lnu I have heard these Uncle FUD folks (Fear Uncertainty Doubt) attempting to generate negativity with the perfunctory hand-wringing stating that with the price of oil now in the $70's, the Dinar is likely to be devalued. REALLY??? They have a new 11% revenue stream they never had before due to non-oil income. They have multi-national corporations in the wings chomping at the bit to get started with projects ranging from the "Development Road" to oceans of new housing, infrastructure projects, tariffs, import fees, new port facilities, not to mention all the mineral wealth waiting to be exploited. They have record foreign reserves and 150 tons of gold plus they have sold bonds of late. They will also be repatriating all the DFI funds from the New York Central Bank if they haven't already done so...The Chicken Little routine is wearing thin...Trust me, there will be NO dinar devaluation now or in the future.
9-18-2024 Newshound Guru Samson "Our Country's Dream... Al-Sudani Sends an Important Message to Gulf States Regarding the Path to Development" Quote "Prime Minister Mohammed Shia al-Sudani stressed that the drop in oil prices to less than $72 confirms the need to diversify..."
9-18-2024 Newshound/Intel Guru Mnt Goat Is the electronic payment necessary in Iraq for the RV? NO, it is not but it will help to prevent the money laundering...
9-18-2024 Intel Guru Wolverine [via Judy Byington] Things are defiantly happening behind the scenes. We are going to be celebrating this week. There are things that I can’t say, but I wanted you to know that things are defiantly moving...
9-18-2024 Newshound Guru Pimpy PROFESSOR Continued: Reduce their dependency on the dollar. PIMPY: At the beginning of this year they were not supposed to use the US dollar anymore. PROFESSOR: ...Focus on diversifying its economy beyond oil dependency... PIMPY: Right now...only 89% of [the budget] is dependent on oil sales. A lot better than where it was. PROFESSOR: Improve trade balance...Enhancing exports...Reducing unnecessary imports ...thereby supporting a stronger dinar. PIMPY: They have things to trade but not a whole lot of options. PROFESSOR: Maintain internal stability...Monitor inflation rates... PIMPY: Right now Iraq is somewhere around 5%...He's saying if they want to reinstate the $3.22 rate these things have to be taken care of. I do find it interesting we've been listening to them talk about deleting the zeros and he's put that in here...A lot of this stuff Iraq has already started...Kudos to Al-Sudani. [Post 2 of 2]
9-18-2024 Newshound Guru Pimpy Question: "What does Iraq need to do right now to reinstate their old rate of $3.22?" Professor Boskin [of economics] graciously shared the following information which I am pleased to relay to you...It should be able to give you an idea of how far away this thing might be...The first thing he's talking about is implementing monetary reforms. PIMPY: We've been hearing about that for years so we know they definitely are implementing monetary reforms. PROFESSOR: ...The Central Bank of Iraq may consider removing zeros... PIMPY: Obviously if they're going to remove the zeros off the currency, they're going to re-denominate and print new bank notes. PROFESSOR: Establish a currency basket system...the value of the dinar would be determined against a weighted average of several currencies... [Post 1 of 2....stay tuned]
9-18-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh on television saying we will have more digital banks in Iraq than the entire surrounding region of the Middle East. They're saying the new banking reform will eliminate the black market. FRANK: BOOM! There it is. There it is. There it is.
9-18-2024 Newshound Guru Militia Man The digital transformation is here and it's only going to grow and grow and grow in totality...When they're going from a cash economy to a digitized cashless economy, is going to have what? Article VIII compliant currency on an international global Forex market. That's what we should expect at any time...
9-18-2024 Intel Guru MarkZ [via PDK] Question: …about a month ago you talked about how your contacts said your Dinar estimate was “way too low.” You were at like $3.70…so are we talking about $5? $7? $10? MarkZ: All they are telling me is my estimates are way too low.
9-18-2024 Newshound Guru tishwash Article "Al-Sudani announces the imminent end of the international coalition mission in Iraq: We will deal with any American president" Quote: "We have started a frank dialogue with the international coalition and formed a bilateral committee to arrange the withdrawal of coalition forces, and to announce the end of the coalition forces' mission in Iraq soon...indicating that the end of the international coalition's mission does not mean the end of the relationship between Iraq and the United States, but rather the opposite, we are engaged in Talks to build sustainable security relations and economic, cultural, social and scientific ties...We respect the choices of the American people in choosing their president and we will deal with any administration, stressing that Iran supports the political process and Iraq's efforts in combating terrorism. Al-Sudani concluded that Iraq is the only country in the region that has distinguished relations with Iran and the United States."
9-17-2024 Newshound Guru Militia Man I believe the Iraqi dinar is going to change value...and the citizens believe that too. I believe Sudani has literally spoken those words...the dinar, it's going to be stronger than the dollar. He said those things on a couple of occasions.
9-17-2024 Intel Guru MarkZ [via PDK] Question: Do you believe the new lower denominations have already been printed in Iraq? MarkZ: Yes I do…We have seen the contracts years ago and the paid receipts from the government of Iraq with DeLaRue to print them…Many contacts in Iraq have seen the cut sheets (samples of LD’s) in banks.
9-17-2024 Newshound/Intel Guru Fnu Lnu I do not buy this "Education Program" nor do I buy the "Adjusting of the Parallel Market". The education is taking too long to be effective and it isn't government's job to adjust black markets. These are stall tactics while they placate the masses. But why?...
9-17-2024 Newshound Guru Clare Article: "Parliamentary Finance to Employees: Your Salaries Are Secured for This Year and Next Year Even if Oil Drops"
9-17-2024 Intel Guru Wolverine [via Judy Byington] I was told this morning that the new rates presently put on the Bank Screen are not actual new bank rates. They are used for investments...
9-17-2024 Newshound/Intel Guru Mnt Goat Article: "AFTER THE DECLINE IN OIL, A GOVERNMENT ADVISOR: WE HAVE THE CAPABILITIES TO CONFRONT THE PROBLEMS OF THE GLOBAL ECONOMY" I consider this one of those WOW! articles. Quote: “the highest reserves in the country’s monetary and financial history” also “the growth indicators in the non-oil GDP have touched 6%” WOW!
9-17-2024 Newshound Guru Pimpy I just read an article not that long ago that said oil sales are now 89% of their budget which is good. Remember it was 96% of their budget...Iraq is going in the right direction but they still rely on oil sales way too much...If Iraq starts stumbling and the prices drop low for oil per barrel then they start operating in the deficit...If it keeps dropping and gets too low then they're going to have no choice but to...devalue the Iraq dinar...No body said they're doing it. I'm just saying we really got to pay attention to the price of oil per barrel because if it gets too low they don't need to tell us what's going to happen, you should already be aware that's what they're going to do...
9-17-2024 Intel Guru MarkZ [via PDK] I ...heard they [rates on bank screens] are changing and fluctuating. I am hoping this means they are priming the system again. My banking contacts say they are seeing many different rates…rates are rolling all over the place…Hopefully they are checking the system and priming the system….
9-17-2024 Newshound Guru Samson Article: "Private Banks Association: The number of electronic payment points in Iraq increased from 7 thousand to 30 thousand"
9-17-2024 Newshound Guru Militia Man Electronic payments...you can get this feeling it's showtime because they're really doing the development of the reality of financial inclusion. They're spreading that financial culture around the country...It's coming, the growth stage.
9-17-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Alaq is on TV and he's singing like a bird with information. He's talking to us an awful lot every day about what they're going to do with this reform. He gives speech about how much money is in the digital system already. It's growing. He said at the end of this year we will implement the initial plan to complete the reforms for the banking system... FRANK: The digital information is one of the main key parts of the monetary reform. It will allow your money to float freely not only inside of your country but outside...You are going to be internationally recognized. This is extremely exciting.
9-17-2024 Intel Guru MarkZ [via PDK] “A parliamentary delegation to visit the Kurdistan region next week on the salaries of employees” This article came out before the weekend….so it’s this week…..This is one of the hiccups that is keeping HCL from passing. So they are in the Kurdish region supposedly working on this…what is supposedly one of the last hiccups with passing publically the HCL… Maybe?.....Finally? If we get the HCL we should get a new value on the dinar.
9-17-2024 Newshound/Intel Guru Mnt Goat “ECONOMIC RENAISSANCE AND UNPRECEDENTED PROGRESS.. IRAQ MAXIMIZES ITS NON-OIL REVENUES AND REDUCES ITS DEBTS”. They are telling us the national debt is only 9% of their reserves now at $108 billion and GDP growth is very good... words like “unprecedented” and “maximizes”...tells me our choo choo train is moving down the tracks at an accelerated pace now.
9-17-2024 Intel Guru MarkZ [via PDK] Question: Do you believe the new lower denominations have already been printed in Iraq? MarkZ: Yes I do…We have seen the contracts years ago and the paid receipts from the government of Iraq with DeLaRue to print them…Many contacts in Iraq have seen the cut sheets (samples of LD’s) in banks.
9-17-2024 Newshound/Intel Guru Fnu Lnu I do not buy this "Education Program" nor do I buy the "Adjusting of the Parallel Market". The education is taking too long to be effective and it isn't government's job to adjust black markets. These are stall tactics while they placate the masses. But why?...
9-17-2024 Newshound Guru Clare Article: "Parliamentary Finance to Employees: Your Salaries Are Secured for This Year and Next Year Even if Oil Drops"
9-17-2024 Intel Guru Wolverine [via Judy Byington] I was told this morning that the new rates presently put on the Bank Screen are not actual new bank rates. They are used for investments...
9-17-2024 Newshound/Intel Guru Mnt Goat Article: "AFTER THE DECLINE IN OIL, A GOVERNMENT ADVISOR: WE HAVE THE CAPABILITIES TO CONFRONT THE PROBLEMS OF THE GLOBAL ECONOMY" I consider this one of those WOW! articles. Quote: “the highest reserves in the country’s monetary and financial history” also “the growth indicators in the non-oil GDP have touched 6%” WOW!
9-17-2024 Newshound Guru Pimpy I just read an article not that long ago that said oil sales are now 89% of their budget which is good. Remember it was 96% of their budget...Iraq is going in the right direction but they still rely on oil sales way too much...If Iraq starts stumbling and the prices drop low for oil per barrel then they start operating in the deficit...If it keeps dropping and gets too low then they're going to have no choice but to...devalue the Iraq dinar...No body said they're doing it. I'm just saying we really got to pay attention to the price of oil per barrel because if it gets too low they don't need to tell us what's going to happen, you should already be aware that's what they're going to do...
9-17-2024 Intel Guru MarkZ [via PDK] I ...heard they [rates on bank screens] are changing and fluctuating. I am hoping this means they are priming the system again. My banking contacts say they are seeing many different rates…rates are rolling all over the place…Hopefully they are checking the system and priming the system….
9-17-2024 Newshound Guru Samson Article: "Private Banks Association: The number of electronic payment points in Iraq increased from 7 thousand to 30 thousand"
9-17-2024 Newshound Guru Militia Man Electronic payments...you can get this feeling it's showtime because they're really doing the development of the reality of financial inclusion. They're spreading that financial culture around the country...It's coming, the growth stage.
9-17-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Alaq is on TV and he's singing like a bird with information. He's talking to us an awful lot every day about what they're going to do with this reform. He gives speech about how much money is in the digital system already. It's growing. He said at the end of this year we will implement the initial plan to complete the reforms for the banking system... FRANK: The digital information is one of the main key parts of the monetary reform. It will allow your money to float freely not only inside of your country but outside...You are going to be internationally recognized. This is extremely exciting.
9-17-2024 Intel Guru MarkZ [via PDK] “A parliamentary delegation to visit the Kurdistan region next week on the salaries of employees” This article came out before the weekend….so it’s this week…..This is one of the hiccups that is keeping HCL from passing. So they are in the Kurdish region supposedly working on this…what is supposedly one of the last hiccups with passing publically the HCL… Maybe?.....Finally? If we get the HCL we should get a new value on the dinar.
9-17-2024 Newshound/Intel Guru Mnt Goat “ECONOMIC RENAISSANCE AND UNPRECEDENTED PROGRESS.. IRAQ MAXIMIZES ITS NON-OIL REVENUES AND REDUCES ITS DEBTS”. They are telling us the national debt is only 9% of their reserves now at $108 billion and GDP growth is very good... words like “unprecedented” and “maximizes”...tells me our choo choo train is moving down the tracks at an accelerated pace now.
9-16-2024 Newshound Guru Samson "Economist: The development road will pass through 12 Iraqi governorates and will transfer Iraq to the world"
9-16-2024 Newshound/Intel Guru Fnu Lnu When you drag out the "Education" as long as the GOI and CBI has been doing, nothing sticks. If it is not in practice, then it is just words from the mouths of bureaucrats. Iraq has had more than enough of that and they do not pay attention. They will become educated when it means something to them, like the cost of goods and services, and buying power, and velocity of money. This is all obfuscation and I don't believe a word of it. Logic tells me they are stalling the people. The $64,000.00 dollar question is why? What's the real plan?
9-16-2024 Newshound Guru Sandy Ingram The DRP (Development Road Project) is expected to increase Iraq's GDP and gross domestic product which could quickly increase the currency's [dinar's] value. Whether Iraq increases the value of its currency or not, once it becomes an international transportation hub investors will have the opportunity to invest the dinar they have in one form or another.
9-16-2024 Intel Guru MarkZ [via PDK] There are no lower denominations on the streets yet. Seems to be rumors so far….but, they have been preparing and training all the bank staff on the new lower denominations. If they did not have any plans on putting them into circulation soon…they would not be giving them cut sheets…or pictures on the security features…. They would not be training them yet.
9-16-2024 Newshound Guru Militia Man The development Road Project is opening up Iraq to the region and into the international world. The private sector is going to be the main driving force...They're going to have to expose an exchange rate at some point in time, sooner than later. I'm going to go with sooner.
9-16-2024 Newshound Guru Samson Article: ”The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed that the decline in oil prices will not affect the dollar exchange rate."
9-16-2024 Intel Guru MarkZ [via PDK] The chatter from Iraq has been exceptional...It’s very possible this is our week…Lets see if all the hype is right.
9-16-2024 Newshound Guru Pimpy I'm not saying they're going to devalue the currency right now. What I am saying is if they stay below $70 [per barrel of oil] for the medium term, you can see them devalue the currency. I don't think it's going to happen anytime this year because the year is almost over. I'd be a little nervous going into 2025.
9-16-2024 Newshound Guru Clare Article: "6 scenarios that the Iraqi Central Bank will work on, narrated by Al-Issawi " Quote: "The economic expert stated that the Central Bank of Iraq is negotiating with the US Federal Reserve regarding ending the work of the electronic platform for foreign transfers and replacing it with direct banking relations between Iraqi banks."
9-16-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is telling us they are completing digitization at all of our ports. We know it means that the real value of the dinar will soon be given to us for our food...transportation...housing...the whole world. FRANK: You see every day there's more and more exciting news being given to the Iraqi citizens and they all piece it together...When you see prices of your food...market... housing...cars, start to change, it's because they will introduce a new exchange rate very soon to you...
9-16-2024 Newshound Guru tishwash Article: "Al-Sudani: Iraq today is on the right path" Quotes: "We have started establishing and implementing the development road project, which will transform Iraq into an open country.; "Many capitals want to invest in Iraq...Iraq is witnessing recovery and stability and everyone needs his return"; We have made real reforms in the tax and banking system. There is no spot on Iraqi territory outside the control of our security forces, and we have directed the preparation of a comprehensive plan to secure the path of development."; "Iraq today is on the right track".
9-16-2024 Newshound/Intel Guru Mnt Goat ...They don’t need any economic revival to put a fair market rate for the dinar back on FOREX. It is all a lie....They are “artificially” suppressing the rate of the dinar. When will this abuse of the dinar end? I believe this end is near...
9-16-2024 Newshound/Intel Guru Fnu Lnu When you drag out the "Education" as long as the GOI and CBI has been doing, nothing sticks. If it is not in practice, then it is just words from the mouths of bureaucrats. Iraq has had more than enough of that and they do not pay attention. They will become educated when it means something to them, like the cost of goods and services, and buying power, and velocity of money. This is all obfuscation and I don't believe a word of it. Logic tells me they are stalling the people. The $64,000.00 dollar question is why? What's the real plan?
9-16-2024 Newshound Guru Sandy Ingram The DRP (Development Road Project) is expected to increase Iraq's GDP and gross domestic product which could quickly increase the currency's [dinar's] value. Whether Iraq increases the value of its currency or not, once it becomes an international transportation hub investors will have the opportunity to invest the dinar they have in one form or another.
9-16-2024 Intel Guru MarkZ [via PDK] There are no lower denominations on the streets yet. Seems to be rumors so far….but, they have been preparing and training all the bank staff on the new lower denominations. If they did not have any plans on putting them into circulation soon…they would not be giving them cut sheets…or pictures on the security features…. They would not be training them yet.
9-16-2024 Newshound Guru Militia Man The development Road Project is opening up Iraq to the region and into the international world. The private sector is going to be the main driving force...They're going to have to expose an exchange rate at some point in time, sooner than later. I'm going to go with sooner.
9-16-2024 Newshound Guru Samson Article: ”The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed that the decline in oil prices will not affect the dollar exchange rate."
9-16-2024 Intel Guru MarkZ [via PDK] The chatter from Iraq has been exceptional...It’s very possible this is our week…Lets see if all the hype is right.
9-16-2024 Newshound Guru Pimpy I'm not saying they're going to devalue the currency right now. What I am saying is if they stay below $70 [per barrel of oil] for the medium term, you can see them devalue the currency. I don't think it's going to happen anytime this year because the year is almost over. I'd be a little nervous going into 2025.
9-16-2024 Newshound Guru Clare Article: "6 scenarios that the Iraqi Central Bank will work on, narrated by Al-Issawi " Quote: "The economic expert stated that the Central Bank of Iraq is negotiating with the US Federal Reserve regarding ending the work of the electronic platform for foreign transfers and replacing it with direct banking relations between Iraqi banks."
9-16-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is telling us they are completing digitization at all of our ports. We know it means that the real value of the dinar will soon be given to us for our food...transportation...housing...the whole world. FRANK: You see every day there's more and more exciting news being given to the Iraqi citizens and they all piece it together...When you see prices of your food...market... housing...cars, start to change, it's because they will introduce a new exchange rate very soon to you...
9-16-2024 Newshound Guru tishwash Article: "Al-Sudani: Iraq today is on the right path" Quotes: "We have started establishing and implementing the development road project, which will transform Iraq into an open country.; "Many capitals want to invest in Iraq...Iraq is witnessing recovery and stability and everyone needs his return"; We have made real reforms in the tax and banking system. There is no spot on Iraqi territory outside the control of our security forces, and we have directed the preparation of a comprehensive plan to secure the path of development."; "Iraq today is on the right track".
9-16-2024 Newshound/Intel Guru Mnt Goat ...They don’t need any economic revival to put a fair market rate for the dinar back on FOREX. It is all a lie....They are “artificially” suppressing the rate of the dinar. When will this abuse of the dinar end? I believe this end is near...
9-15-2024 Newshound Guru Samson Article: "Al-Alaq: 70 digital banks have applied to the Central Bank for a license"
9-15-2024 Newshound/Intel Guru Walkingstick Aki was sent over there 3 months ago to Michigan to take care of one of the CBI satellite banks. He's still sitting there. You know why? Because he's waiting for his next orders to open up that bank. That tells me this is very close to popping at any moment. If not they would not have sent Aki to sit there and wait all these months. They would have sent him more towards the end of this year...To refresh your memory Aki will run one of the banks for the CBI in Dearborn Michigan representing the CBI...The CBI will have many of their private banks around the world collecting the 3 zero notes.
9-15-2024 Intel Guru RayRen98 IF WHAT THEY'RE TELLING ME IS TRUE... WE ARE WEALTHY - JUST NOT AT THE BANKS YET...ACCORDING TO GOV SOURCES, THE FAT LADY IS SINGING...RIGHT NOW! WE JUST CAN'T SEE IT YET...THE CLOCK IS NO LONGER TICKING...IT'S DONE!!!
9-15-2024 Newshound Guru Pimpy All kinds of changes happening over in Iraq. People have been bombarding me with questions. Let's go over this because this is something I mentioned earlier and then again I'm the bad guy. It's something you should be aware of that it might happen...Take a look at the price of Brent Crude - $74 a barrel. What is the budget set by Iraq for the
cost? $70. They're okay but it has dipped slightly below there. It's back up above $71 which is good but man, that particular cost per barrel IMO I thought was too high and I expressed my opinion back when they first did it. What does that mean for Iraq? If they don't have enough money to cover the budget... they're going to have no choice but to, yep, I'm going to say it, just like I warned you, devalue the Iraqi dinar.
9-15-2024 Newshound/Intel Guru Fnu Lnu [Reference Guru Bruce 9-14-2024 post below] PLEASE...understand, all contracts were closed in 2011 and there will not be any "contract rate" offered to you unless you were invited to join with a contract buyer, pre-2011...Remember "THE RULE OF ONE PRICE". It is against the law to offer different prices for the same financial instrument. NOT HAPPENING!
9-15-2024 Intel Guru Wolverine [via Judy Byington] Like I was told, September is the golden month. …I’m absolutely excited...We were told that this has started...It is my opinion that notifications should be coming out today Sun. 15 Sept, or tomorrow Mon. 16 Sept. at the latest...Have a beautiful day.
9-15-2024 Newshound Guru Militia Man They're talking about Iraq as going global and to the international financial system. With that has responsibility and that responsibility will be defended by the central bank. That responsibility is to have a stable exchange rate and to provide commerce throughout the country in and out and across borders, with efficiency and transparency. That's what they're going to have and that's what they're doing. There's looking to be no stopping it. It's brilliant.
9-15-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK: Mr. Sammy and I are on the same page. The only difference is he's turning the page a little slower than I am. I do not see this going into next year. Actually it's impossible. I see the monetary reform education...commercials...US Treasury revealing to you all sanctions have been release, which tells me we are extremely close...Mr Sammy...tells you it's coming at the end of the year or beginning, I tell you it's now... [Post 2 of 2]
9-15-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy [Iraqi bank manager friend] says we are in charge of our own money. It's not being overseen by the US Treasury. FRANK: This is the most powerful thing I can share with you tonight...IMO when Alaq came back he told everybody there's no more sanctions on the banks of Iraq...That means your program rate does not exist anymore. FIREFLY: Mr Sammy says they are running the new system...This new system will remain for the rest of the year...This monetary reform education phase we're in right now will last for this whole year... [Post 1 of 2....stay tuned]
9-15-2024 Newshound/Intel Guru Mnt Goat ... there are not any of the newer lower denominations out in circulation in Iraq...if the newer lower denominations were already in circulation...Without the revaluation of the dinar at least inside Iraq, the economy would crash because the money would be totally worthless ...How could anyone...buy anything with the newer lower denominations dinar notes without first a revaluation? It would take truck loads of money just to buy groceries...the CBI would have formally announced the Project to Delete the Zeros as this is the ONLY way the lower denominations can come out...There will be NO SECRET when they come out...The project to delete the zeros has NOT yet begun.
9-15-2024 Intel Guru Wolverine [via Judy Byington] ...This is to come through in the month of September and it will be a glorious month. Everyone is to be paid this month, even the Tier 4B people, all this within a few days...The US Treasury has been given orders to release the funds. Hold on to your boots – it is coming.
9-15-2024 Newshound/Intel Guru Walkingstick Aki was sent over there 3 months ago to Michigan to take care of one of the CBI satellite banks. He's still sitting there. You know why? Because he's waiting for his next orders to open up that bank. That tells me this is very close to popping at any moment. If not they would not have sent Aki to sit there and wait all these months. They would have sent him more towards the end of this year...To refresh your memory Aki will run one of the banks for the CBI in Dearborn Michigan representing the CBI...The CBI will have many of their private banks around the world collecting the 3 zero notes.
9-15-2024 Intel Guru RayRen98 IF WHAT THEY'RE TELLING ME IS TRUE... WE ARE WEALTHY - JUST NOT AT THE BANKS YET...ACCORDING TO GOV SOURCES, THE FAT LADY IS SINGING...RIGHT NOW! WE JUST CAN'T SEE IT YET...THE CLOCK IS NO LONGER TICKING...IT'S DONE!!!
9-15-2024 Newshound Guru Pimpy All kinds of changes happening over in Iraq. People have been bombarding me with questions. Let's go over this because this is something I mentioned earlier and then again I'm the bad guy. It's something you should be aware of that it might happen...Take a look at the price of Brent Crude - $74 a barrel. What is the budget set by Iraq for the
cost? $70. They're okay but it has dipped slightly below there. It's back up above $71 which is good but man, that particular cost per barrel IMO I thought was too high and I expressed my opinion back when they first did it. What does that mean for Iraq? If they don't have enough money to cover the budget... they're going to have no choice but to, yep, I'm going to say it, just like I warned you, devalue the Iraqi dinar.
9-15-2024 Newshound/Intel Guru Fnu Lnu [Reference Guru Bruce 9-14-2024 post below] PLEASE...understand, all contracts were closed in 2011 and there will not be any "contract rate" offered to you unless you were invited to join with a contract buyer, pre-2011...Remember "THE RULE OF ONE PRICE". It is against the law to offer different prices for the same financial instrument. NOT HAPPENING!
9-15-2024 Intel Guru Wolverine [via Judy Byington] Like I was told, September is the golden month. …I’m absolutely excited...We were told that this has started...It is my opinion that notifications should be coming out today Sun. 15 Sept, or tomorrow Mon. 16 Sept. at the latest...Have a beautiful day.
9-15-2024 Newshound Guru Militia Man They're talking about Iraq as going global and to the international financial system. With that has responsibility and that responsibility will be defended by the central bank. That responsibility is to have a stable exchange rate and to provide commerce throughout the country in and out and across borders, with efficiency and transparency. That's what they're going to have and that's what they're doing. There's looking to be no stopping it. It's brilliant.
9-15-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK: Mr. Sammy and I are on the same page. The only difference is he's turning the page a little slower than I am. I do not see this going into next year. Actually it's impossible. I see the monetary reform education...commercials...US Treasury revealing to you all sanctions have been release, which tells me we are extremely close...Mr Sammy...tells you it's coming at the end of the year or beginning, I tell you it's now... [Post 2 of 2]
9-15-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy [Iraqi bank manager friend] says we are in charge of our own money. It's not being overseen by the US Treasury. FRANK: This is the most powerful thing I can share with you tonight...IMO when Alaq came back he told everybody there's no more sanctions on the banks of Iraq...That means your program rate does not exist anymore. FIREFLY: Mr Sammy says they are running the new system...This new system will remain for the rest of the year...This monetary reform education phase we're in right now will last for this whole year... [Post 1 of 2....stay tuned]
9-15-2024 Newshound/Intel Guru Mnt Goat ... there are not any of the newer lower denominations out in circulation in Iraq...if the newer lower denominations were already in circulation...Without the revaluation of the dinar at least inside Iraq, the economy would crash because the money would be totally worthless ...How could anyone...buy anything with the newer lower denominations dinar notes without first a revaluation? It would take truck loads of money just to buy groceries...the CBI would have formally announced the Project to Delete the Zeros as this is the ONLY way the lower denominations can come out...There will be NO SECRET when they come out...The project to delete the zeros has NOT yet begun.
9-15-2024 Intel Guru Wolverine [via Judy Byington] ...This is to come through in the month of September and it will be a glorious month. Everyone is to be paid this month, even the Tier 4B people, all this within a few days...The US Treasury has been given orders to release the funds. Hold on to your boots – it is coming.
9-14-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV had the crooks on saying changing the exchange rates will lead to deep corruption and smuggling. They are trying everything to stop this. FRANK: Yes, they're crooks...They are so angry there's no more auctions. There's no more ability for them to steal what they have been stealing from you...You have great leadership with Sudani...They cant's steal anymore, isn't it fantastic?
9-14-2024 Newshound/Intel Guru Fnu Lnu There is no Quantum Financial System [QFS]...There is no NESARA - NESARA, initially standing for National Economic Security and Recovery Act, was a proposed economic reform plan created by Harvey Francis Barnard, an engineering consultant and teacher, during the late 1980s and early 1990s. Barnard printed 1,000 copies of his proposal and sent them to members of Congress, hoping it would pass quickly on its merits. After his efforts did not succeed, he...published it on the Internet in 2000. There is no GESARA - The proposal gained popularity through online forums and websites...its adherents began using the term GESARA (Global Economic Security and Recovery Act or Global Economic Security and Reformation Act) to extend the proposed reforms globally.
9-14-2024 Newshound Guru Samson Article: "The new strategic agreement between Baghdad and Washington.. results and repercussions!" Quote "The government of Prime Minister Mohammed Shia al-Sudani faces a complex and difficult task..."
9-14-2024 Intel Guru MarkZ [via PDK] The key piece of news this morning is I finally found a bond person NOT under an NDA. A really big bond deal…I did a little poking and was informed there is a final bond contract getting paid on the 18th...it appears that starting on the 18th they are not making them sign an NDA on bond deals. What could this possibly mean? To me this is huge good news. To me this means they plan on having most bonds done by the 18th. Because then it won’t matter about the secrecy...Bonds and Currencies are connected. The plan was to do historic bonds…then a revalue (RV) then a reset…So I am closely watching the next 4 days…Remember though…no one knows the exact timing...Think about it. Today is the 14th. If suddenly they don’t need NDA’s in 4 days…then to me we should go before that…I think this is huge…I am very excited with this news….
9-14-2024 Newshound Guru Clare Article: "Iraq buys nearly 52 tons of gold in three years" Quote: "According to the latest schedule published in September by the Council...Iraq bought 51.9 tons of gold during the previous years from 2022 until September2024...Iraq bought 33.9 tons of gold in 2022, 12.3 tons in 2023, and 5.7 tons in 2024, including 3.1 tons in February and 2.6 tons in May."
9-14-2024 Newshound Guru Militia Man The news out of late is completely off the charts and it points to I believe international. Internationalism is where Iraq is headed. I don't believe for a minute they're going to stop until they complete it...
9-14-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is talking about a historical meeting and it was all good. It was between Erbil and Baghdad. After the meeting they said all pay will be equal now, that's saying the HCL is done. They're saying salaries will be released Sunday. However Sunday is a big holiday for us so let's see what happens.
9-14-2024 Intel Guru Bruce [via WiserNow] ...contract rate for the Iraqi dinar, I've told you, is extremely high and is tied to and is the same as the rate that Iraq is selling a barrel of oil for to other countries like Egypt, like Turkey, etc. wherever else they’re selling it - So it's a very good rate. Of course, it's always subject to change, and their selling price of a barrel of oil might vary. Okay - That's great news, and...from my understanding is they will offer us who have Iraqi Dinar - the contract rate for the Dinar...
9-14-2024 Intel Guru MarkZ [via PDK] Question: ...are the redemption centers working the weekend? MarkZ: My banking crew have a “heightened alert“ for this weekend. I am hoping this means something, but we have seen this before. So stay hopeful but calm...The anticipation is palatable…all around the world…people know something is about to happen. We can feel it.
TV had the crooks on saying changing the exchange rates will lead to deep corruption and smuggling. They are trying everything to stop this. FRANK: Yes, they're crooks...They are so angry there's no more auctions. There's no more ability for them to steal what they have been stealing from you...You have great leadership with Sudani...They cant's steal anymore, isn't it fantastic?
9-14-2024 Newshound/Intel Guru Fnu Lnu There is no Quantum Financial System [QFS]...There is no NESARA - NESARA, initially standing for National Economic Security and Recovery Act, was a proposed economic reform plan created by Harvey Francis Barnard, an engineering consultant and teacher, during the late 1980s and early 1990s. Barnard printed 1,000 copies of his proposal and sent them to members of Congress, hoping it would pass quickly on its merits. After his efforts did not succeed, he...published it on the Internet in 2000. There is no GESARA - The proposal gained popularity through online forums and websites...its adherents began using the term GESARA (Global Economic Security and Recovery Act or Global Economic Security and Reformation Act) to extend the proposed reforms globally.
9-14-2024 Newshound Guru Samson Article: "The new strategic agreement between Baghdad and Washington.. results and repercussions!" Quote "The government of Prime Minister Mohammed Shia al-Sudani faces a complex and difficult task..."
9-14-2024 Intel Guru MarkZ [via PDK] The key piece of news this morning is I finally found a bond person NOT under an NDA. A really big bond deal…I did a little poking and was informed there is a final bond contract getting paid on the 18th...it appears that starting on the 18th they are not making them sign an NDA on bond deals. What could this possibly mean? To me this is huge good news. To me this means they plan on having most bonds done by the 18th. Because then it won’t matter about the secrecy...Bonds and Currencies are connected. The plan was to do historic bonds…then a revalue (RV) then a reset…So I am closely watching the next 4 days…Remember though…no one knows the exact timing...Think about it. Today is the 14th. If suddenly they don’t need NDA’s in 4 days…then to me we should go before that…I think this is huge…I am very excited with this news….
9-14-2024 Newshound Guru Clare Article: "Iraq buys nearly 52 tons of gold in three years" Quote: "According to the latest schedule published in September by the Council...Iraq bought 51.9 tons of gold during the previous years from 2022 until September2024...Iraq bought 33.9 tons of gold in 2022, 12.3 tons in 2023, and 5.7 tons in 2024, including 3.1 tons in February and 2.6 tons in May."
9-14-2024 Newshound Guru Militia Man The news out of late is completely off the charts and it points to I believe international. Internationalism is where Iraq is headed. I don't believe for a minute they're going to stop until they complete it...
9-14-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is talking about a historical meeting and it was all good. It was between Erbil and Baghdad. After the meeting they said all pay will be equal now, that's saying the HCL is done. They're saying salaries will be released Sunday. However Sunday is a big holiday for us so let's see what happens.
9-14-2024 Intel Guru Bruce [via WiserNow] ...contract rate for the Iraqi dinar, I've told you, is extremely high and is tied to and is the same as the rate that Iraq is selling a barrel of oil for to other countries like Egypt, like Turkey, etc. wherever else they’re selling it - So it's a very good rate. Of course, it's always subject to change, and their selling price of a barrel of oil might vary. Okay - That's great news, and...from my understanding is they will offer us who have Iraqi Dinar - the contract rate for the Dinar...
9-14-2024 Intel Guru MarkZ [via PDK] Question: ...are the redemption centers working the weekend? MarkZ: My banking crew have a “heightened alert“ for this weekend. I am hoping this means something, but we have seen this before. So stay hopeful but calm...The anticipation is palatable…all around the world…people know something is about to happen. We can feel it.
9-13-2024 Newshound Guru Samson "Prime Minister: The government is moving towards the industrial sector to cover market needs and export the surplus"
9-13-2024 Newshound Guru Kaperoni Article: "Unprecedented renaissance.. Iraq's economy recovers and its debts fall to 'lowest levels'"
9-13-2024 Newshound Guru Sandy Ingram The belief of a $3.00 to 1 Iraqi dinar is unreal. Even $1.00 to 1 Iraqi dinar is a serious stretch...An increase to $0.10 to 1 Iraqi dinar would be greatly appreciated. We would then hope the value would increase from $0.10. Most...would receive a 5 to 6 figure US dollar payout if the currency went to $0.10...
9-13-2024 Intel Guru Bruce [WiserNow] I think this says everything, according to this very good source...after markets close [Friday]...everything should be released for us...we can begin to set appointments and hopefully exchange starting Saturday. I know redemption center staff told us they would be going in...Friday, Saturday, Sunday...it looks very good for [Friday] or Saturday... Let's see what happens, and we should have a very exciting and wonderful weekend.
9-13-2024 Newshound Guru Pimpy First and foremost stabilizing the exchange rate is really important. There's a lot of people out there that want the Iraqi exchange rate to change. You have to stabilize if first before anything.
9-13-2024 Newshound Guru Militia Man Article from Saleh financial advisor for the prime minister...they're getting ready to be able to export natural resources, agriculture...It's the economic renaissance...They've been talking about maximizing their non-oil revenue and reducing debts. They've been knocking it out of the park...
9-13-2024 Intel Guru MarkZ [via PDK] Question: Could this be our weekend Mark? MarkZ: Is there a lot of chatter and anticipation about this weekend? Yes. There is lovely chatter from Iraq and a couple of groups. There are tons of rumors for this weekend. I do not know if they are accurate or not. It is clearly within a window and there is a lot of excitement. We will see what the weekend brings.
9-13-2024 Newshound Guru Samson Article: "Economic renaissance and unprecedented progress... Iraq maximizes its non-oil revenues and reduces its debts"
9-13-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy [Bank manager friend] says soon Iraq will be complete with banking reforms but not to look for new rate until by end of year... FRANK: I think right along with you because Sudani made that promise and...that was a holy solemn oath. You can't break that...Twice he's said this year and now he says the reform education is almost done.
9-13-2024 Intel Guru Wolverine [via Judy Byington] I assume everyone is excited as to what is happening...This is what we have been waiting for, for such a long time. All indicators are pointed to this week. Iraq is already done, I suppose. The QFS is activated. All is ready to go...All is lined up for this week.
9-13-2024 Newshound Guru Kaperoni Article: "Unprecedented renaissance.. Iraq's economy recovers and its debts fall to 'lowest levels'"
9-13-2024 Newshound Guru Sandy Ingram The belief of a $3.00 to 1 Iraqi dinar is unreal. Even $1.00 to 1 Iraqi dinar is a serious stretch...An increase to $0.10 to 1 Iraqi dinar would be greatly appreciated. We would then hope the value would increase from $0.10. Most...would receive a 5 to 6 figure US dollar payout if the currency went to $0.10...
9-13-2024 Intel Guru Bruce [WiserNow] I think this says everything, according to this very good source...after markets close [Friday]...everything should be released for us...we can begin to set appointments and hopefully exchange starting Saturday. I know redemption center staff told us they would be going in...Friday, Saturday, Sunday...it looks very good for [Friday] or Saturday... Let's see what happens, and we should have a very exciting and wonderful weekend.
9-13-2024 Newshound Guru Pimpy First and foremost stabilizing the exchange rate is really important. There's a lot of people out there that want the Iraqi exchange rate to change. You have to stabilize if first before anything.
9-13-2024 Newshound Guru Militia Man Article from Saleh financial advisor for the prime minister...they're getting ready to be able to export natural resources, agriculture...It's the economic renaissance...They've been talking about maximizing their non-oil revenue and reducing debts. They've been knocking it out of the park...
9-13-2024 Intel Guru MarkZ [via PDK] Question: Could this be our weekend Mark? MarkZ: Is there a lot of chatter and anticipation about this weekend? Yes. There is lovely chatter from Iraq and a couple of groups. There are tons of rumors for this weekend. I do not know if they are accurate or not. It is clearly within a window and there is a lot of excitement. We will see what the weekend brings.
9-13-2024 Newshound Guru Samson Article: "Economic renaissance and unprecedented progress... Iraq maximizes its non-oil revenues and reduces its debts"
9-13-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy [Bank manager friend] says soon Iraq will be complete with banking reforms but not to look for new rate until by end of year... FRANK: I think right along with you because Sudani made that promise and...that was a holy solemn oath. You can't break that...Twice he's said this year and now he says the reform education is almost done.
9-13-2024 Intel Guru Wolverine [via Judy Byington] I assume everyone is excited as to what is happening...This is what we have been waiting for, for such a long time. All indicators are pointed to this week. Iraq is already done, I suppose. The QFS is activated. All is ready to go...All is lined up for this week.
9-12-2024 Intel Guru Frank26 Community Comment: "The Iraqi citizens here in Iraq want Alaq out." They love Alaq. It's only...Iran, the politicians that have stole that want Alaq out.
9-12-2024 Newshound Guru Samson Article: "Close to Al-Ameri: We support Al-Sudani, and there is no demand for his resignation or early elections"
9-12-2024 Intel Guru MarkZ [via PDK] The news is staying consistent…There is nothing negative...I am still hearing a lot of chatter about between now and the 15th. A lot of well- connected people still think this is a high possibility.
9-12-2024 Newshound Guru Pimpy For almost like a good six, seven eight months there's all this hype, it's going to change tomorrow, it's going to change tomorrow because there was so much talk about the exchange rate. I keep telling people...that's not what's going to happen. There's still things that need to be done.
9-12-2024 Newshound Guru Clare Article: "Iraqi state banks account for 88% of banking sector investments" Quote: "The Prime Minister's Advisor for Economic Affairs, Mazhar Mohammed Salih, confirmed...government banks account for 88% of the banking system's investments, pointing out the necessity of reforming the banking system on the basis of market work, similar to international banks."
9-12-2024 Newshound Guru Petra They were expecting Iraq to be IMF Article VIII compliant or at least having agreed to the obligations that requires. One of those requirements is having all restrictions lifted, which comes to Article XIV. They've been using a lot of pieces of Article VIII to get to where they are now. But they've never accepted the article, which is very simple. It's basically a document that Alaq and Sudani agree to. They sign it and send it to the IMF accepting all portions of Articles VIII.
9-12-2024 Newshound Guru Militia Man The IMF Article IV 2024 consultation, one of the most important things was for [Iraq] to accelerate accession to the WTO.
9-12-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We are seeing a commercial on TV. It's 5 or 6 minutes long showing our new cards we are going to be receiving in the mail very shortly they tell us. They're showing the citizens going to banks and ATMs getting money out. They are showing us how to do this...This informational stage we are in is like Mr. Sammy [Bank friend] said, it will last for the rest of the year. FRANK: The commercials are now starting because Alaq has returned...
9-12-2024 Newshound/Intel Guru Mnt Goat I am going to give you a summary...of the other issues that are...on the table. They are on the near horizon and my CBI contact has also told me these are issues that also must be resolved: Passing the Oil and Gas Law referendum, as required by their new 2005 Constitution.; Needed changes to The Investment Law No (13) of 2006 to meet the WTO requirements prior to full accession.; Institute the Pillars of Financial Reform in the Banking, Insurance and the Iraqi Stock Market. This goes hand in hand with the electronic banking effort...Iraq is going forward with the Project to Delete the Zeros and actually in the process of doing it not just talking about it again...we must stay grounded as this RV is coming to a closure and there is not much longer to wait.
9-12-2024 Intel Guru MarkZ [via PDK] ...my expected window…(11th through the 15th).
9-12-2024 Newshound Guru Samson Article: "Close to Al-Ameri: We support Al-Sudani, and there is no demand for his resignation or early elections"
9-12-2024 Intel Guru MarkZ [via PDK] The news is staying consistent…There is nothing negative...I am still hearing a lot of chatter about between now and the 15th. A lot of well- connected people still think this is a high possibility.
9-12-2024 Newshound Guru Pimpy For almost like a good six, seven eight months there's all this hype, it's going to change tomorrow, it's going to change tomorrow because there was so much talk about the exchange rate. I keep telling people...that's not what's going to happen. There's still things that need to be done.
9-12-2024 Newshound Guru Clare Article: "Iraqi state banks account for 88% of banking sector investments" Quote: "The Prime Minister's Advisor for Economic Affairs, Mazhar Mohammed Salih, confirmed...government banks account for 88% of the banking system's investments, pointing out the necessity of reforming the banking system on the basis of market work, similar to international banks."
9-12-2024 Newshound Guru Petra They were expecting Iraq to be IMF Article VIII compliant or at least having agreed to the obligations that requires. One of those requirements is having all restrictions lifted, which comes to Article XIV. They've been using a lot of pieces of Article VIII to get to where they are now. But they've never accepted the article, which is very simple. It's basically a document that Alaq and Sudani agree to. They sign it and send it to the IMF accepting all portions of Articles VIII.
9-12-2024 Newshound Guru Militia Man The IMF Article IV 2024 consultation, one of the most important things was for [Iraq] to accelerate accession to the WTO.
9-12-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We are seeing a commercial on TV. It's 5 or 6 minutes long showing our new cards we are going to be receiving in the mail very shortly they tell us. They're showing the citizens going to banks and ATMs getting money out. They are showing us how to do this...This informational stage we are in is like Mr. Sammy [Bank friend] said, it will last for the rest of the year. FRANK: The commercials are now starting because Alaq has returned...
9-12-2024 Newshound/Intel Guru Mnt Goat I am going to give you a summary...of the other issues that are...on the table. They are on the near horizon and my CBI contact has also told me these are issues that also must be resolved: Passing the Oil and Gas Law referendum, as required by their new 2005 Constitution.; Needed changes to The Investment Law No (13) of 2006 to meet the WTO requirements prior to full accession.; Institute the Pillars of Financial Reform in the Banking, Insurance and the Iraqi Stock Market. This goes hand in hand with the electronic banking effort...Iraq is going forward with the Project to Delete the Zeros and actually in the process of doing it not just talking about it again...we must stay grounded as this RV is coming to a closure and there is not much longer to wait.
9-12-2024 Intel Guru MarkZ [via PDK] ...my expected window…(11th through the 15th).
9-11-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani's speech he was talking to us about how to enhance a currency. They're talking about stabilizing the currency.
9-11-2024 Newshound Guru Sandy Ingram It is widely believed Iraq will need to increase the value of its currency in order to fully take advantage of the international transportation hub [Development Road Project] it is building.
9-11-2024 Intel Guru MarkZ [via PDK] ...my expected window opens today…(11th through the 15th).
9-11-2024 Newshound Guru Pimpy They have to do something about that parallel market. The reason why it's so successful is because people prefer to get the US dollars if they can. If businesses and travelers want to get more bang for their buck, they don't have a problem with selling the US dollars for more Iraqi dinars, more than the official exchange rate. It puts Iraq in a pickle...Do they raise the rate of the Iraqi dinar or do they lower it?
9-11-2024 Newshound/Intel Guru Fnu Lnu [Response to Guru Pimpy's 9-10-2024 analysis below of Article "The parallel market will be overturned." PIMPY: When they say raise the dollar exchange rate, that's not good for us. That means the dollar is rising up against the dinar...] FNU LNU: The solution is so basic and simple it defies this hand wringing. Why is it such a mystery? The way you control the "parallel market" is to raise the damned official rate such that there is no profit margin to be had. I will maintain that this is a red herring and some sort of stall tactic.
9-11-2024 Newshound Guru Clare Article: "Iraq's financial revenues exceed 77 trillion dinars in 7 months of 2024" Quote: "The Ministry of Finance revealed on Tuesday that the size of Iraqi revenues in the federal budget during 7 months exceeded 77 trillion dinars, confirming that the oil contribution to the budget remains around 89%."
9-11-2024 Intel Guru RayRen98 OKAY, WE DIDN'T WAKE UP WEALTHY...AT LEAST NOT YET. THEY'RE CLAIMING THAT IT IS DONE BUT I DON'T SEE IT - NOT HERE, NOT THERE, NOT ANYWHERE! LOL
9-11-2024 Newshound Guru Militia Man "...Understanding between the Iraq Federal Government and the Kurdistan Regional Government..." You have two entities coming together...They had a lot of turmoil in the past... Now they've come to an agreement...A huge delegation from Iraq has gone to the Kurdistan region - The highest executive authorities in Iraq, the Ministerial Council of Economics...Planning, Trade, Interior, Central Bank of Iraq, legal...finance, oil department. The whole list was immense...with their counterparts from the Kurdistan region...working it out, which reeks of national reconciliation...If they get National Reconciliation I can see Iraq is going to go so far. It's phenomenal...Reconciliation is historic.
9-11-2024 Intel Guru Frank26 Alaq, he's back. He got back Friday...Where'd he go? Straight to Erbil...By the way, he's happy...He's got pep in his step...I'd be on cloud 9 right now too because of what they are about to give you [Iraqi citizens], the purchasing power. Your economic reform is going to explode in a nuclear fashion. Your country is poised to lead the world with its new monetary reform. The beauty is the whole world knows it. And the whole world wants it badly.
9-11-2024 Newshound/Intel Guru Mnt Goat ...recently they have told us this electronic platform is going away at the end of 2024... corruption and money laundering is now all ending and has to end or we will not see any reinstatement. The instrument to do this is the Electronic Banking practices... Having the US Treasury inside of Iraq now helping with all these banking reforms is a VERY good thing not a negative issue. It is absolutely going to push the RV process for us...We might even say it is the LAST piece to put in place in the RV puzzle to clearly see the end to this RV saga.
9-11-2024 Intel Guru MarkZ [via PDK] Question: Is your gut still screaming between the 11th and the 15th? MarkZ: Yes it is…. I know that chatter from Iraq has been fantastic.
Sudani's speech he was talking to us about how to enhance a currency. They're talking about stabilizing the currency.
9-11-2024 Newshound Guru Sandy Ingram It is widely believed Iraq will need to increase the value of its currency in order to fully take advantage of the international transportation hub [Development Road Project] it is building.
9-11-2024 Intel Guru MarkZ [via PDK] ...my expected window opens today…(11th through the 15th).
9-11-2024 Newshound Guru Pimpy They have to do something about that parallel market. The reason why it's so successful is because people prefer to get the US dollars if they can. If businesses and travelers want to get more bang for their buck, they don't have a problem with selling the US dollars for more Iraqi dinars, more than the official exchange rate. It puts Iraq in a pickle...Do they raise the rate of the Iraqi dinar or do they lower it?
9-11-2024 Newshound/Intel Guru Fnu Lnu [Response to Guru Pimpy's 9-10-2024 analysis below of Article "The parallel market will be overturned." PIMPY: When they say raise the dollar exchange rate, that's not good for us. That means the dollar is rising up against the dinar...] FNU LNU: The solution is so basic and simple it defies this hand wringing. Why is it such a mystery? The way you control the "parallel market" is to raise the damned official rate such that there is no profit margin to be had. I will maintain that this is a red herring and some sort of stall tactic.
9-11-2024 Newshound Guru Clare Article: "Iraq's financial revenues exceed 77 trillion dinars in 7 months of 2024" Quote: "The Ministry of Finance revealed on Tuesday that the size of Iraqi revenues in the federal budget during 7 months exceeded 77 trillion dinars, confirming that the oil contribution to the budget remains around 89%."
9-11-2024 Intel Guru RayRen98 OKAY, WE DIDN'T WAKE UP WEALTHY...AT LEAST NOT YET. THEY'RE CLAIMING THAT IT IS DONE BUT I DON'T SEE IT - NOT HERE, NOT THERE, NOT ANYWHERE! LOL
9-11-2024 Newshound Guru Militia Man "...Understanding between the Iraq Federal Government and the Kurdistan Regional Government..." You have two entities coming together...They had a lot of turmoil in the past... Now they've come to an agreement...A huge delegation from Iraq has gone to the Kurdistan region - The highest executive authorities in Iraq, the Ministerial Council of Economics...Planning, Trade, Interior, Central Bank of Iraq, legal...finance, oil department. The whole list was immense...with their counterparts from the Kurdistan region...working it out, which reeks of national reconciliation...If they get National Reconciliation I can see Iraq is going to go so far. It's phenomenal...Reconciliation is historic.
9-11-2024 Intel Guru Frank26 Alaq, he's back. He got back Friday...Where'd he go? Straight to Erbil...By the way, he's happy...He's got pep in his step...I'd be on cloud 9 right now too because of what they are about to give you [Iraqi citizens], the purchasing power. Your economic reform is going to explode in a nuclear fashion. Your country is poised to lead the world with its new monetary reform. The beauty is the whole world knows it. And the whole world wants it badly.
9-11-2024 Newshound/Intel Guru Mnt Goat ...recently they have told us this electronic platform is going away at the end of 2024... corruption and money laundering is now all ending and has to end or we will not see any reinstatement. The instrument to do this is the Electronic Banking practices... Having the US Treasury inside of Iraq now helping with all these banking reforms is a VERY good thing not a negative issue. It is absolutely going to push the RV process for us...We might even say it is the LAST piece to put in place in the RV puzzle to clearly see the end to this RV saga.
9-11-2024 Intel Guru MarkZ [via PDK] Question: Is your gut still screaming between the 11th and the 15th? MarkZ: Yes it is…. I know that chatter from Iraq has been fantastic.
9-10-2024 Intel Guru RayRen98 NEW INCOMING COMMUNICATION IS STRONGLY INDICATING THAT WE'LL WAKE UP WEALTHY $$$$$
9-10-2024 Newshound Guru Samson "Parliamentary Finance Committee reveals its efforts to increase non-oil revenues and activate collection"
9-10-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI is talking about a mechanism to terminate the electronic platforms. FRANK: That's right. They can't steal the money through that method anymore. This is fantastic...The American dollar and the dinar are now being protected from those that were stealing it, from Iran. Because that was the US Treasury's #1 requirement. We called it security and stability and so did Dr. Shabibi...
9-10-2024 Newshound/Intel Guru Fnu Lnu ...A first year business major could tell you the government has NO business trying to control the black market. You eliminate it! How you might ask? By simply raising the value of the currency to be equal to or greater than the black market spread. You take away the profit-motive and criminals will go somewhere else to make money.
9-10-2024 Newshound Guru Clare Article: "Central Bank of Iraq announces comprehensive banking reform map" Quote: "After the Central Bank delegation returned from the last round of negotiations with the US Treasury and the US Federal Reserve, it revealed the roadmap for radical and comprehensive banking reform...The Central Bank's plan until the end of the year will reach 100%, with foreign transfers between Iraqi banks and correspondent banks, without going through the US Federal Reserve."
9-10-2024 Intel Guru MarkZ [via PDK] Think about this. It will hurt the value of the dinar temporarily but allows them to buy it at a discount through major auctions. Suck trillions more dinar off the streets…What a great prep going into a re-valuation. It will help them justify a higher value. This may be major for us. This is my theory and I think it makes sense. Comment: Sounds like bad news to me…like they won’t RV for weeks now. MarkZ: If auctions are immediate - they could be ready in a day or two. I believe they will move forward quickly on this... Remember Sudani said just last week that they plan to revalue this year during his administration….I think the timing is great and they are setting the stage. [Post 2 of 2]
9-10-2024 Intel Guru MarkZ [via PDK] ...article from Baghdad today: “It will turn the parallel market upside down-Sources: Expected decisions from the Central Bank will confuse markets and raise exchange rates” When they say raise exchange rates…they are talking “in the wrong direction”... So if one US dollar now equals 1310 dinar…it will go to one US dollar equals 1500 dinar or so. So what they are going to do is have an auction on US dollars. They are planning on injecting more US dollars into the markets and buy dinar off of the streets. “To help support the exchange rate” is the claim. And to help clean up the sanctions and money laundering…. [Post 1 of 2..tuned]
9-10-2024 Newshound Guru Pimpy Article: "The parallel market will be overturned. Sources: Upcoming decisions from he central bank that will confuse the markets and raise exchange rate." It's interesting they don't say which exchange rate... Quote: "He stated the decisions are likely to raise the dollar exchange rate in the parallel market..." When they say raise the dollar exchange rate, that's not good for us. That means the dollar is rising up against the dinar...On the black market people are getting 1505 dinars for every $1.00... which is much higher than the 1320 for every dollar, the official exchange rate...It's getting out of whack again. As it gets harder and harder to get the US dollar, you're going to see the black market really start to increase. I'm curious to see what kind of decisions the central bank is going to make...
9-10-2024 Newshound Guru Militia Man Article: "The Parallel Market will be upended" Quote: "Expected decision from the central bank will confuse markets and raise exchange rates...These decisions will lead to an increase in the dollar exchange rate" When you're talking about the parallel market you're talking about a black market...an illegal market, that's subverting the platforms to get the dollar. That's coming to an end...They're saying, parallel market...you're going to have a problem. If you don't fix it you're going to get hurt [If you're holding dollars and not dinar]. They're giving them [Iraqi citizens using the black markets] numerous warnings [to get out of the dollar].
9-10-2024 Newshound Guru Samson Article: "Five Oil and Gas Laws in Parliament"
9-10-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
A big delegation including Alaq...He went to Erbil for the economic meeting. There was a closed meeting after the main meeting. We expect it was mainly about the oil and gas HCL they have been talking to us about. FRANK: This is all monetary reform education.
9-10-2024 Intel Guru MarkZ [via PDK] Another big one over the weekend is...folks are commenting from Iraq that they now have control over their own oil revenues. If this is a fact it means that bills have been paid and we are about to see the official announcement that Iraq is out of chapter 7. This is huge. We know they met all the requirements some time ago. But it now appears they now have full control of their oil revenues. This is a huge piece…. We just need an official announcement…before we can set up the band and have a party.
9-10-2024 Newshound Guru Samson "Parliamentary Finance Committee reveals its efforts to increase non-oil revenues and activate collection"
9-10-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI is talking about a mechanism to terminate the electronic platforms. FRANK: That's right. They can't steal the money through that method anymore. This is fantastic...The American dollar and the dinar are now being protected from those that were stealing it, from Iran. Because that was the US Treasury's #1 requirement. We called it security and stability and so did Dr. Shabibi...
9-10-2024 Newshound/Intel Guru Fnu Lnu ...A first year business major could tell you the government has NO business trying to control the black market. You eliminate it! How you might ask? By simply raising the value of the currency to be equal to or greater than the black market spread. You take away the profit-motive and criminals will go somewhere else to make money.
9-10-2024 Newshound Guru Clare Article: "Central Bank of Iraq announces comprehensive banking reform map" Quote: "After the Central Bank delegation returned from the last round of negotiations with the US Treasury and the US Federal Reserve, it revealed the roadmap for radical and comprehensive banking reform...The Central Bank's plan until the end of the year will reach 100%, with foreign transfers between Iraqi banks and correspondent banks, without going through the US Federal Reserve."
9-10-2024 Intel Guru MarkZ [via PDK] Think about this. It will hurt the value of the dinar temporarily but allows them to buy it at a discount through major auctions. Suck trillions more dinar off the streets…What a great prep going into a re-valuation. It will help them justify a higher value. This may be major for us. This is my theory and I think it makes sense. Comment: Sounds like bad news to me…like they won’t RV for weeks now. MarkZ: If auctions are immediate - they could be ready in a day or two. I believe they will move forward quickly on this... Remember Sudani said just last week that they plan to revalue this year during his administration….I think the timing is great and they are setting the stage. [Post 2 of 2]
9-10-2024 Intel Guru MarkZ [via PDK] ...article from Baghdad today: “It will turn the parallel market upside down-Sources: Expected decisions from the Central Bank will confuse markets and raise exchange rates” When they say raise exchange rates…they are talking “in the wrong direction”... So if one US dollar now equals 1310 dinar…it will go to one US dollar equals 1500 dinar or so. So what they are going to do is have an auction on US dollars. They are planning on injecting more US dollars into the markets and buy dinar off of the streets. “To help support the exchange rate” is the claim. And to help clean up the sanctions and money laundering…. [Post 1 of 2..tuned]
9-10-2024 Newshound Guru Pimpy Article: "The parallel market will be overturned. Sources: Upcoming decisions from he central bank that will confuse the markets and raise exchange rate." It's interesting they don't say which exchange rate... Quote: "He stated the decisions are likely to raise the dollar exchange rate in the parallel market..." When they say raise the dollar exchange rate, that's not good for us. That means the dollar is rising up against the dinar...On the black market people are getting 1505 dinars for every $1.00... which is much higher than the 1320 for every dollar, the official exchange rate...It's getting out of whack again. As it gets harder and harder to get the US dollar, you're going to see the black market really start to increase. I'm curious to see what kind of decisions the central bank is going to make...
9-10-2024 Newshound Guru Militia Man Article: "The Parallel Market will be upended" Quote: "Expected decision from the central bank will confuse markets and raise exchange rates...These decisions will lead to an increase in the dollar exchange rate" When you're talking about the parallel market you're talking about a black market...an illegal market, that's subverting the platforms to get the dollar. That's coming to an end...They're saying, parallel market...you're going to have a problem. If you don't fix it you're going to get hurt [If you're holding dollars and not dinar]. They're giving them [Iraqi citizens using the black markets] numerous warnings [to get out of the dollar].
9-10-2024 Newshound Guru Samson Article: "Five Oil and Gas Laws in Parliament"
9-10-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
A big delegation including Alaq...He went to Erbil for the economic meeting. There was a closed meeting after the main meeting. We expect it was mainly about the oil and gas HCL they have been talking to us about. FRANK: This is all monetary reform education.
9-10-2024 Intel Guru MarkZ [via PDK] Another big one over the weekend is...folks are commenting from Iraq that they now have control over their own oil revenues. If this is a fact it means that bills have been paid and we are about to see the official announcement that Iraq is out of chapter 7. This is huge. We know they met all the requirements some time ago. But it now appears they now have full control of their oil revenues. This is a huge piece…. We just need an official announcement…before we can set up the band and have a party.
9-9-2024 Newshound Guru Clare Article: "The parallel market will be upended.. Sources: Expected decisions from the Central Bank will confuse markets and raise exchange rates Urgent" Quote: "The Central Bank will issue new decisions regarding foreign currency prices and the method of trading them within Iraq...The aim of these decisions is to limit currency smuggling or its monopoly by the weak-willed."
9-9-2024 Newshound Guru Kaperoni Article: "Al-Sudani's advisor reveals the results of the discussions between the Central Bank of Iraq and the US Federal Reserve" Community Comment: "Hopefully 1 step closer to the long awaiting financial reforms" These steps are all good. And for Iraq to ever raise the value, they need these reforms along with diversifying their economy.
9-9-2024 Intel Guru Wolverine Looks like things are ready to kick off. I am getting news that Iraq is ready to put the Dinar on Forex. If that happens, the RV will start...
9-9-2024 Newshound Guru Pimpy Article: "Inflation in Iraq slightly increased in July" Article quote: "Inflation in Iraq reached approximately 3.7% in August of 2023 compared to 4.4% in August of 2022 despite the rise in inflation in Iraq's neighboring countries." In other words Iraq has done a great job keeping inflation down...That's what it is we're looking for.
9-9-2024 Newshound/Intel Guru Fnu Lnu [Reference Fnu Lnu's Post on 9-8-2024 below] Question: "You mention Wells Fargo and JP Morgan Chase have the concession for exchanging the Dinar in America and Standard Charter has the concession in Canada and England. Who is it they have concessions with?" Iraq / CBI selects banks with whom they are willing to work. These banks get commissions. They are the primary banks handling exchanges. If you go to the Podunk local bank, they will send the currency to one of the contractor banks. This will not be an ordinary bank currency exchange. Too much confusion to have dozens of different banks sending in currency transactions...
9-9-2024 Intel Guru MarkZ [via PDK] The biggest piece I had over the weekend was more confirmations of continuing education of the lower denominations in Iraq. I had a couple more confirmations that Sudani announced on television that they are planning to raise the value of the dinar during his current administration. I thought that was a great one.
9-9-2024 Newshound Guru Clare Article: "Prime Minister's Advisor: Central Bank Decisions Contribute to Reducing Inflation Rates in the Country" Quote: "The financial advisor to the Prime Minister, Mazhar Mohammed Saleh, explained that the decisions of the Central Bank contribute to reducing inflation rates in the country, and pointed out that economic growth contributes to strengthening the value of the local currency"
9-9-2024 Newshound Guru Militia Man Why is Saleh, the Financial Advisor, talking so much about 'enhancing the value of the local currency'? Isn't that what we're waiting for? Article quote: "...Central Bank's policies play a major role in the stability of the currency which achieves harmony between the internal value of the currency and the external value...he added a booming and sustainable economic growth in GDP contributes to enhancing the value and stability of the currency..." Saleh is openly talking about the value of their local currency, internal/external value, reducing inflation, stability of the value of the currency, strength of the national currency, enhancing the value of the currency. It's off the charts. They talk about being historic, with language like that, I'm looking forward to something that's going to historic.
9-9-2024 Intel Guru RayRen98 SOME 3-LETTERS HAVE CHAMPAGNE ON ICE, SOME HAVE POPPED THEIR CORK ALREADY...I'M STILL WAITING FOR "ROCK SOLID" CONFIRMATION BEFORE I GRAB MY BOTTLE FROM THE ICE.
9-9-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani...told us the upcoming year the mechanism would be fully engaged to give the citizens maximum benefit. FRANK: He didn't say 'Next' year...I think he's talking about the year 2024...because the commercials should be next. And if that's the case what they show you in those commercials has to be given to you very quickly. There cannot be a gap between telling you and giving them to you.
9-9-2024 Newshound/Intel Guru Mnt Goat I was...told Wednesday in my conversation with my CBI contact that Baghdad now has installed the huge TV screens...They also told me that they are getting ready to broadcast the swap out of the currency video...they do not expect to conduct the swap out until late this year, after the US elections and my information tells me that January is most appropriate.
9-9-2024 Intel Guru MarkZ [via PDK] PM Sudani – in the news this week was asked if they are planning on revaluing the Iraq currency…and he answered yes they were…during his administration. Not sure how much longer he has got…but this is a huge one. He is telling us the goal during his administration is adding value and removing the zeros from the Iraqi dinar.
9-9-2024 Newshound Guru Kaperoni Article: "Al-Sudani's advisor reveals the results of the discussions between the Central Bank of Iraq and the US Federal Reserve" Community Comment: "Hopefully 1 step closer to the long awaiting financial reforms" These steps are all good. And for Iraq to ever raise the value, they need these reforms along with diversifying their economy.
9-9-2024 Intel Guru Wolverine Looks like things are ready to kick off. I am getting news that Iraq is ready to put the Dinar on Forex. If that happens, the RV will start...
9-9-2024 Newshound Guru Pimpy Article: "Inflation in Iraq slightly increased in July" Article quote: "Inflation in Iraq reached approximately 3.7% in August of 2023 compared to 4.4% in August of 2022 despite the rise in inflation in Iraq's neighboring countries." In other words Iraq has done a great job keeping inflation down...That's what it is we're looking for.
9-9-2024 Newshound/Intel Guru Fnu Lnu [Reference Fnu Lnu's Post on 9-8-2024 below] Question: "You mention Wells Fargo and JP Morgan Chase have the concession for exchanging the Dinar in America and Standard Charter has the concession in Canada and England. Who is it they have concessions with?" Iraq / CBI selects banks with whom they are willing to work. These banks get commissions. They are the primary banks handling exchanges. If you go to the Podunk local bank, they will send the currency to one of the contractor banks. This will not be an ordinary bank currency exchange. Too much confusion to have dozens of different banks sending in currency transactions...
9-9-2024 Intel Guru MarkZ [via PDK] The biggest piece I had over the weekend was more confirmations of continuing education of the lower denominations in Iraq. I had a couple more confirmations that Sudani announced on television that they are planning to raise the value of the dinar during his current administration. I thought that was a great one.
9-9-2024 Newshound Guru Clare Article: "Prime Minister's Advisor: Central Bank Decisions Contribute to Reducing Inflation Rates in the Country" Quote: "The financial advisor to the Prime Minister, Mazhar Mohammed Saleh, explained that the decisions of the Central Bank contribute to reducing inflation rates in the country, and pointed out that economic growth contributes to strengthening the value of the local currency"
9-9-2024 Newshound Guru Militia Man Why is Saleh, the Financial Advisor, talking so much about 'enhancing the value of the local currency'? Isn't that what we're waiting for? Article quote: "...Central Bank's policies play a major role in the stability of the currency which achieves harmony between the internal value of the currency and the external value...he added a booming and sustainable economic growth in GDP contributes to enhancing the value and stability of the currency..." Saleh is openly talking about the value of their local currency, internal/external value, reducing inflation, stability of the value of the currency, strength of the national currency, enhancing the value of the currency. It's off the charts. They talk about being historic, with language like that, I'm looking forward to something that's going to historic.
9-9-2024 Intel Guru RayRen98 SOME 3-LETTERS HAVE CHAMPAGNE ON ICE, SOME HAVE POPPED THEIR CORK ALREADY...I'M STILL WAITING FOR "ROCK SOLID" CONFIRMATION BEFORE I GRAB MY BOTTLE FROM THE ICE.
9-9-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani...told us the upcoming year the mechanism would be fully engaged to give the citizens maximum benefit. FRANK: He didn't say 'Next' year...I think he's talking about the year 2024...because the commercials should be next. And if that's the case what they show you in those commercials has to be given to you very quickly. There cannot be a gap between telling you and giving them to you.
9-9-2024 Newshound/Intel Guru Mnt Goat I was...told Wednesday in my conversation with my CBI contact that Baghdad now has installed the huge TV screens...They also told me that they are getting ready to broadcast the swap out of the currency video...they do not expect to conduct the swap out until late this year, after the US elections and my information tells me that January is most appropriate.
9-9-2024 Intel Guru MarkZ [via PDK] PM Sudani – in the news this week was asked if they are planning on revaluing the Iraq currency…and he answered yes they were…during his administration. Not sure how much longer he has got…but this is a huge one. He is telling us the goal during his administration is adding value and removing the zeros from the Iraqi dinar.
9-8-2024 Newshound Guru Clare Article: "Passing the investment law within two weeks.. What are the positives?"
9-8-2024 Newshound Guru Samson Article: "100% complete.. A government advisor announces the completion of the development road designs"
9-8-2024 Intel Guru RayRen98 [via Babysmom] YOO HOO!! BANK STAFFERS ARE EXCITED, SAYING ALL HANDS ON DECK FOR MONDAY... SEEING DINAR RATE OF $3.81, DONG RATE OF .47 CENTS...
9-8-2024 Newshound Guru Militia Man It takes time to get things done. Now we're watching all of these things come together at the end. I think Iraq has made significant adjustments to what they've been doing. I think their non-oil revenue streams is going to bring value to their country...Iraq...glory days was based off of just oil...Iraq has a lot more than just oil...Liquid natural gas, that's a massive amount of income. They used to burn it and flare it and just waste it. Now they're going to produce it and ship it, likely to Europe...They're going to bottle that gas and sell it...They're not only going to increase their oil but they're going to increase their non-oil revenue streams. That's where all the ability to be able to support the value of their currency...
9-8-2024 Newshound/Intel Guru Fnu Lnu Here's something you can take to the bank. Wells Fargo and JP Morgan Chase have the concession for exchanging the Dinar in America and Standard Charter has the concession in Canada and England. Seems I recall they will have Australia too but don't hold me to that.
9-8-2024 Newshound/Intel Guru Walkingstick I strongly believe we need Alaq to finish what he's doing [In New York and Washington], come back...to Baghdad and bring the REER - Real Effective Exchange Rate to Iraq. We believe this is the next step because of what Sudani told the Iraqi citizens. IMO the commercials are the next thing that they're going to show them. IMO the commercials are already produced...They will be released to the public. When Sudani said the monetary reform is coming to an end...that's a big hint...That's what we in intel call a big clue.
9-8-2024 Newshound Guru Clare Article: "Zaha Hadid Architects Unveils Construction Progress of Central Bank of Iraq Skyscraper in Baghdad" Quote: "The Central Bank of Iraq (CBI) headquarters...is a new landmark on the banks of the Tigris River in Baghdad. Now the tallest building in the city, the 170-meter-tall skyscraper aims to echo the values of the institution: solidity, stability, and sustainability."
9-8-2024 Intel Guru RayRen98 TODAY COULD BE A VERY EXCITING DAY AFTER THE MARKET OPENS...TIME WILL TELL.
9-8-2024 Newshound Guru Samson Article: "Trump Family Cryptocurrency Project Promises to 'Ensure US Dollar Dominance'"
9-8-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani says we are in the final stages of the education phase on the monetary reform. I went to Mr. Sammy [Bank Manager Friend] and I said, 'What happens next?' He said after the monetary reform education, the lower notes will come out. But first the commercials will show them to you. He seems to think it's the upcoming next year for some reason. FRANK: The reason why he is saying this is because he is aware that the CBI will meet with the United States Treasury at the end of this year. He may be thinking we need that meeting. IMO I strongly disagree. I still look forward to Alaq returning from New York with a new exchange rate that everyone is agreeing upon...IMO the commercials are next...because they are already produced and ready to be released.
9-8-2024 Newshound/Intel Guru Mnt Goat I had an interesting conversation with my CBI contact. It was confirmed that they are moving toward a January 2025 reinstatement. I know none of us like to hear this... We all know they planned for a late summer reinstatement, but that plan failed and the US Treasury finally stepped in to help out... Now we move on to a new chapter and another attempt at it.
9-8-2024 Intel Guru MarkZ [via PDK] Question: What is your gut feeling for RV Mark? MarkZ: …nobody knows the timing…but my gut feeling is between the 11th and 15th…just a guess…
9-8-2024 Newshound Guru Samson Article: "100% complete.. A government advisor announces the completion of the development road designs"
9-8-2024 Intel Guru RayRen98 [via Babysmom] YOO HOO!! BANK STAFFERS ARE EXCITED, SAYING ALL HANDS ON DECK FOR MONDAY... SEEING DINAR RATE OF $3.81, DONG RATE OF .47 CENTS...
9-8-2024 Newshound Guru Militia Man It takes time to get things done. Now we're watching all of these things come together at the end. I think Iraq has made significant adjustments to what they've been doing. I think their non-oil revenue streams is going to bring value to their country...Iraq...glory days was based off of just oil...Iraq has a lot more than just oil...Liquid natural gas, that's a massive amount of income. They used to burn it and flare it and just waste it. Now they're going to produce it and ship it, likely to Europe...They're going to bottle that gas and sell it...They're not only going to increase their oil but they're going to increase their non-oil revenue streams. That's where all the ability to be able to support the value of their currency...
9-8-2024 Newshound/Intel Guru Fnu Lnu Here's something you can take to the bank. Wells Fargo and JP Morgan Chase have the concession for exchanging the Dinar in America and Standard Charter has the concession in Canada and England. Seems I recall they will have Australia too but don't hold me to that.
9-8-2024 Newshound/Intel Guru Walkingstick I strongly believe we need Alaq to finish what he's doing [In New York and Washington], come back...to Baghdad and bring the REER - Real Effective Exchange Rate to Iraq. We believe this is the next step because of what Sudani told the Iraqi citizens. IMO the commercials are the next thing that they're going to show them. IMO the commercials are already produced...They will be released to the public. When Sudani said the monetary reform is coming to an end...that's a big hint...That's what we in intel call a big clue.
9-8-2024 Newshound Guru Clare Article: "Zaha Hadid Architects Unveils Construction Progress of Central Bank of Iraq Skyscraper in Baghdad" Quote: "The Central Bank of Iraq (CBI) headquarters...is a new landmark on the banks of the Tigris River in Baghdad. Now the tallest building in the city, the 170-meter-tall skyscraper aims to echo the values of the institution: solidity, stability, and sustainability."
9-8-2024 Intel Guru RayRen98 TODAY COULD BE A VERY EXCITING DAY AFTER THE MARKET OPENS...TIME WILL TELL.
9-8-2024 Newshound Guru Samson Article: "Trump Family Cryptocurrency Project Promises to 'Ensure US Dollar Dominance'"
9-8-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani says we are in the final stages of the education phase on the monetary reform. I went to Mr. Sammy [Bank Manager Friend] and I said, 'What happens next?' He said after the monetary reform education, the lower notes will come out. But first the commercials will show them to you. He seems to think it's the upcoming next year for some reason. FRANK: The reason why he is saying this is because he is aware that the CBI will meet with the United States Treasury at the end of this year. He may be thinking we need that meeting. IMO I strongly disagree. I still look forward to Alaq returning from New York with a new exchange rate that everyone is agreeing upon...IMO the commercials are next...because they are already produced and ready to be released.
9-8-2024 Newshound/Intel Guru Mnt Goat I had an interesting conversation with my CBI contact. It was confirmed that they are moving toward a January 2025 reinstatement. I know none of us like to hear this... We all know they planned for a late summer reinstatement, but that plan failed and the US Treasury finally stepped in to help out... Now we move on to a new chapter and another attempt at it.
9-8-2024 Intel Guru MarkZ [via PDK] Question: What is your gut feeling for RV Mark? MarkZ: …nobody knows the timing…but my gut feeling is between the 11th and 15th…just a guess…
9-7-2024 Newshound Guru Samson Article: ”Crises and events await Iraq if Trump wins, and the reason is 'Iran's influence'"
9-7-2024 Intel Guru Frank26 Where is Alaq right now? The same place where President Donald Trump is at right now, New York...
9-7-2024 Newshound Guru PompeyPeter Where are we? We don't like to spread rumors. We don't like to give out misinformation or unqualified information. That's why we stick to what we know. What we know and put out comes from...the articles...And gracious me, what do they tell us about where we are? They tell us we have never ever ever been in a better place than we are now...
9-7-2024 Intel Guru Wolverine [via Judy Byington] We are there – at the finish line. This should be our weekend. Anytime...before Sunday...
9-7-2024 Newshound Guru Pimpy Article: "Iraq halts plans to cut zeros off dinar currency-cabinet" Article Quote: "Iraq has over 3 trillion Iraqi dinars in circulation. Plan to trim zeros not seen as priority. Iraq has decided to hold off a plan to knock 3 zeros off the nominal value of the bank notes." Who's the person who said that? Oh, yeah me. Quote continues: "...because it doesn't believe the economic climate is suitable...The Central Bank said last August it planned to redenominate..." Isn't that what I said it was called? A redenomination, lopping off the zeros, deleting the zeros, whatever you want to call it. It's a redenomination. Quote continues "...the Iraqi dinar to simplify financial transactions in an economy that is still heavily centralized and dominated by oil and where deal are carried out in cash." As usual I am right about that and they are wrong.
9-7-2024 Newshound/Intel Guru Walkingstick All the executive levels of the banks in Iraq are going to sit down with the governor of the CBI Alaq and receive instructions on the new currency next week.
9-7-2024 Newshound Guru Clare Article: "An 'explosive' message from the US Congress to Biden: Iraq is smuggling Iranian oil and the minister may be accused" Quote: "The US Congress sent an "important" message to President Biden regarding the smuggling of Iranian oil through Iraq, while threatening to impose broad sanctions against Iraqi oil."
9-7-2024 Newshound Guru Samson "An "explosive" message from the US Congress to Biden: Iraq is smuggling Iranian oil and the minister may be accused"
9-7-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
New commercials on TV about global partnership and stability and security of our economic future. One after another commercials are saying we are stable and secure and how we are open for International companies to come in and invest in Iraq...The whole world is pouring in...This is happening at a very fast pace and we don't even have Alaq here in our country.
9-7-2024 Newshound/Intel Guru Mnt Goat I want to begin...with an assurance to everyone that this RV is going to take place soon and is going to be what we expected. There is no way in hell that Iraq is going to move ahead to what they want to do with this country without a globally traded currency and a currency that can compete with many of the other middle eastern countries. The opportunities are just too far great to pass up.
9-7-2024 Intel Guru MarkZ [via PDK] Question: Are we going to banks or redemption centers? MarkZ: They are the same things…The redeeming banks/redemption centers…are bank locations with trained staff and equipment to handle our exchanges...I was told 90% of Americans will have an exchange location within 50 miles of their house…. If you are in remote rural areas …you may have further to go…not sure about other countries.
9-7-2024 Intel Guru Frank26 Where is Alaq right now? The same place where President Donald Trump is at right now, New York...
9-7-2024 Newshound Guru PompeyPeter Where are we? We don't like to spread rumors. We don't like to give out misinformation or unqualified information. That's why we stick to what we know. What we know and put out comes from...the articles...And gracious me, what do they tell us about where we are? They tell us we have never ever ever been in a better place than we are now...
9-7-2024 Intel Guru Wolverine [via Judy Byington] We are there – at the finish line. This should be our weekend. Anytime...before Sunday...
9-7-2024 Newshound Guru Pimpy Article: "Iraq halts plans to cut zeros off dinar currency-cabinet" Article Quote: "Iraq has over 3 trillion Iraqi dinars in circulation. Plan to trim zeros not seen as priority. Iraq has decided to hold off a plan to knock 3 zeros off the nominal value of the bank notes." Who's the person who said that? Oh, yeah me. Quote continues: "...because it doesn't believe the economic climate is suitable...The Central Bank said last August it planned to redenominate..." Isn't that what I said it was called? A redenomination, lopping off the zeros, deleting the zeros, whatever you want to call it. It's a redenomination. Quote continues "...the Iraqi dinar to simplify financial transactions in an economy that is still heavily centralized and dominated by oil and where deal are carried out in cash." As usual I am right about that and they are wrong.
9-7-2024 Newshound/Intel Guru Walkingstick All the executive levels of the banks in Iraq are going to sit down with the governor of the CBI Alaq and receive instructions on the new currency next week.
9-7-2024 Newshound Guru Clare Article: "An 'explosive' message from the US Congress to Biden: Iraq is smuggling Iranian oil and the minister may be accused" Quote: "The US Congress sent an "important" message to President Biden regarding the smuggling of Iranian oil through Iraq, while threatening to impose broad sanctions against Iraqi oil."
9-7-2024 Newshound Guru Samson "An "explosive" message from the US Congress to Biden: Iraq is smuggling Iranian oil and the minister may be accused"
9-7-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
New commercials on TV about global partnership and stability and security of our economic future. One after another commercials are saying we are stable and secure and how we are open for International companies to come in and invest in Iraq...The whole world is pouring in...This is happening at a very fast pace and we don't even have Alaq here in our country.
9-7-2024 Newshound/Intel Guru Mnt Goat I want to begin...with an assurance to everyone that this RV is going to take place soon and is going to be what we expected. There is no way in hell that Iraq is going to move ahead to what they want to do with this country without a globally traded currency and a currency that can compete with many of the other middle eastern countries. The opportunities are just too far great to pass up.
9-7-2024 Intel Guru MarkZ [via PDK] Question: Are we going to banks or redemption centers? MarkZ: They are the same things…The redeeming banks/redemption centers…are bank locations with trained staff and equipment to handle our exchanges...I was told 90% of Americans will have an exchange location within 50 miles of their house…. If you are in remote rural areas …you may have further to go…not sure about other countries.
9-6-2024 Intel Guru Wolverine [via Judy Byington] The RV is imminent...It is coming.
9-6-2024 Newshound Guru Clare Article: "Prime Minister's Advisor: 70% of the grey market" Quote: "The financial advisor to the Prime Minister, Dr. Mazhar Muhammad Salih, revealed the existence of a grey market that accounts for nearly 70% of the market or private sector activity, indicating that this percentage evades paying legal taxes"
9-6-2024 Newshound Guru Pimpy A redenomination is not going to take place anytime soon it looks like.
9-6-2024 Intel Guru MarkZ [via PDK] Question: Will they release the RV on weekends or week days? MarkZ: I am told its easier to release it on a weekend- Saturday night to Sunday morning …but anytime is fair game.
9-6-2024 Intel Guru Frank26 Article: "The Central Bank of Iraq reveals the mechanism for ending the electronic platform" IRAN... SAY BYE BYE TO YOUR CASH COW AND MOOOVE OVER! Quote: "During the year 2024 and until now, 95% of the transfer process from the electronic platform to the correspondent banking mechanism directly between it and Iraqi banks has been achieved" MONETARY REFORM HAS BEEN ACHIEVED!
9-6-2024 Intel Guru Bruce [via Judy Byington] The Dinar is trading on the Forex, but the rate is not exchanging yet...My sources say that the days of Sept. 6, 7 and 8 will be important dates for us.
9-6-2024 Newshound Guru Walkingstick They got stability and security. Sudani has been bragging about it...Lift the three zeros has to do with the value, then not with the value, back and forth, back and forth, it has to do with the value and then, no it doesn't have to do with the value. The articles are contradicting. They are lies. They are misleading with a purpose.
9-6-2024 Newshound Guru Militia Man Who is at the helm of the Central Bank of Iraq? He [Alaq] got a lot of bad press recently. People were trying to get rid of him. He's probably doing such a good job they didn't like it and they wanted him out because the cash cow which is the parallel market makes them billions and they aren't going to have that anymore. That time Is over.
9-6-2024 Newshound Guru Sandy Ingram Community comment: "The large money supply means any attempt to revalue the currency would require a substantial reduction in the number of dinars in circulation which is logistically and economically unfeasible...The sheer volume of dinars makes a significant revaluation highly unlikely." [I] agree with this assessment 100%. The sheer number of bank notes scattered around the world hampers any real hopes of the currency revaluing at a high rate. This is the number one reason for believing Iraq may decide to issue new money like Pakistan or Zimbabwe...No one has said this is what Iraq will do...however it is a possibility.
9-6-2024 Intel Guru MarkZ [via PDK] Question: Any news on passing the HCL? MarkZ: There is movement on that. Some of the problems are tensions between Iran and the Kurds. I believe some of the meetings we are about to see between Iran and Sudani will address this.
9-6-2024 Newshound Guru Clare Article: "Parliamentary moves to withdraw the hand of the Central Bank Governor" Quote: "The Parliamentary Finance Committee confirmed...the existence of a parliamentary move to withdraw the hand of the Governor of the Central Bank...Ali Mohsen Al-Alaq for exceeding the legal age."
9-6-2024 Newshound Guru Pimpy Article quote: "Saleh said in a statement...he ruled out the government currently removing zeros. Noting the removal of the 3 zeros from the currency is not related to the value of cash but to improve cash payment system." Wait, what did he say? 'Not related to the value of the cash'? Isn't that what I've been saying all along? What do those other [gurus] say? It has to do with the exchange rate. They're wrong...This is what they're talking about...25,000 dinar [note] times the current exchange rate $0.00076 comes out to $19. You come over here and remove the 3 zeros, a 25 [dinar note] times $0.76 - it's still $19. No change in the value...
9-6-2024 Intel Guru yada ...It has been a week since the 95% of the banks in Iraq were activated to handle all the foreign currencies for business and trade. Im of the mind they were monitoring the movements of the currencies for the region and hence the expectation for any moment of us to exchange.
9-6-2024 Intel Guru Mike Cottrell The word I got earlier this week was that things are in progress…and to stand by...But I am very encouraged by what is going on. Whether it is in the next few days or the next few weeks…I see this coming to a climax. I really do. And I am very pleased.
9-6-2024 Newshound Guru Clare Article: "Prime Minister's Advisor: 70% of the grey market" Quote: "The financial advisor to the Prime Minister, Dr. Mazhar Muhammad Salih, revealed the existence of a grey market that accounts for nearly 70% of the market or private sector activity, indicating that this percentage evades paying legal taxes"
9-6-2024 Newshound Guru Pimpy A redenomination is not going to take place anytime soon it looks like.
9-6-2024 Intel Guru MarkZ [via PDK] Question: Will they release the RV on weekends or week days? MarkZ: I am told its easier to release it on a weekend- Saturday night to Sunday morning …but anytime is fair game.
9-6-2024 Intel Guru Frank26 Article: "The Central Bank of Iraq reveals the mechanism for ending the electronic platform" IRAN... SAY BYE BYE TO YOUR CASH COW AND MOOOVE OVER! Quote: "During the year 2024 and until now, 95% of the transfer process from the electronic platform to the correspondent banking mechanism directly between it and Iraqi banks has been achieved" MONETARY REFORM HAS BEEN ACHIEVED!
9-6-2024 Intel Guru Bruce [via Judy Byington] The Dinar is trading on the Forex, but the rate is not exchanging yet...My sources say that the days of Sept. 6, 7 and 8 will be important dates for us.
9-6-2024 Newshound Guru Walkingstick They got stability and security. Sudani has been bragging about it...Lift the three zeros has to do with the value, then not with the value, back and forth, back and forth, it has to do with the value and then, no it doesn't have to do with the value. The articles are contradicting. They are lies. They are misleading with a purpose.
9-6-2024 Newshound Guru Militia Man Who is at the helm of the Central Bank of Iraq? He [Alaq] got a lot of bad press recently. People were trying to get rid of him. He's probably doing such a good job they didn't like it and they wanted him out because the cash cow which is the parallel market makes them billions and they aren't going to have that anymore. That time Is over.
9-6-2024 Newshound Guru Sandy Ingram Community comment: "The large money supply means any attempt to revalue the currency would require a substantial reduction in the number of dinars in circulation which is logistically and economically unfeasible...The sheer volume of dinars makes a significant revaluation highly unlikely." [I] agree with this assessment 100%. The sheer number of bank notes scattered around the world hampers any real hopes of the currency revaluing at a high rate. This is the number one reason for believing Iraq may decide to issue new money like Pakistan or Zimbabwe...No one has said this is what Iraq will do...however it is a possibility.
9-6-2024 Intel Guru MarkZ [via PDK] Question: Any news on passing the HCL? MarkZ: There is movement on that. Some of the problems are tensions between Iran and the Kurds. I believe some of the meetings we are about to see between Iran and Sudani will address this.
9-6-2024 Newshound Guru Clare Article: "Parliamentary moves to withdraw the hand of the Central Bank Governor" Quote: "The Parliamentary Finance Committee confirmed...the existence of a parliamentary move to withdraw the hand of the Governor of the Central Bank...Ali Mohsen Al-Alaq for exceeding the legal age."
9-6-2024 Newshound Guru Pimpy Article quote: "Saleh said in a statement...he ruled out the government currently removing zeros. Noting the removal of the 3 zeros from the currency is not related to the value of cash but to improve cash payment system." Wait, what did he say? 'Not related to the value of the cash'? Isn't that what I've been saying all along? What do those other [gurus] say? It has to do with the exchange rate. They're wrong...This is what they're talking about...25,000 dinar [note] times the current exchange rate $0.00076 comes out to $19. You come over here and remove the 3 zeros, a 25 [dinar note] times $0.76 - it's still $19. No change in the value...
9-6-2024 Intel Guru yada ...It has been a week since the 95% of the banks in Iraq were activated to handle all the foreign currencies for business and trade. Im of the mind they were monitoring the movements of the currencies for the region and hence the expectation for any moment of us to exchange.
9-6-2024 Intel Guru Mike Cottrell The word I got earlier this week was that things are in progress…and to stand by...But I am very encouraged by what is going on. Whether it is in the next few days or the next few weeks…I see this coming to a climax. I really do. And I am very pleased.
9-5-2024 Newshound Guru Pimpy No, there is no 'in-country' 'out-country'. It's the same everywhere.
9-5-2024 Newshound Guru Samson Article: ”Government Advisor: The talks between the Central Bank of Iraq and the US Federal Reserve achieved advanced results"
9-5-2024 Newshound Guru Militia Man Article: "The Central Bank of Iraq reveals the mechanism for ending the electronic platform" Quote: "During the year 2024 and until now, 95% of the transfer process from the electronic platform to the correspondent banking mechanism directly between it and Iraqi banks has been achieved, which means that only about 5% of it remains...which will be transferred...before the end of this year..." We should all be very clear about what is transpiring before our eyes with Iraq's reforms...We are seeing the end results with a mere 5% left to complete...So they already achieved what they were working on in the past. They are ready for completion to the best of my understanding now. Not later. Wow!
9-5-2024 Intel Guru Frank26 Article: "Two conditions to achieve it .. Al-Sudani's advisor rules out removing 3 zeros from the currency" This is what's happening right now. This is called diversion tactics...slight of hand. This was done with China and it was done with Kuwait...This is part of the monetary reform. To put out disinformation that is a deterrent, maybe, that is putting
speculators at bay.
9-5-2024 Newshound Guru Sandy Ingram [I'm] more concerned than ever that Iraq will take action to reduce the circulation of the Iraqi dinar to a manageable size which will automatically help increase the currency's value. The question then becomes will outside investors be included in the exchange? Update your passports for travel to Jordan, Turkey or Egypt where Iraq now has banks...
9-5-2024 Intel Guru MarkZ [via PDK] A lot of good news out there…over the top good news…Lots of chatter looking at tomorrow…but, we don’t know when it’s going…if half the rumors are right about it has started...we are in great shape... I am still hearing from lots of sources that things are well underway and we should soon be seeing dollars. But I cannot pin anyone down that they have physical dollars. I’m hearing it...The problem is I have not been able to verify them. Community Comment: if they’re under NDA’s, you’ll never get verification-imo. MarkZ: And that is a possibility. But for me I’m going to back up a little, stay clam and find out what is real or not.
9-5-2024 Newshound Guru Clare Article: "Government Advisor: The talks between the Central Bank of Iraq and the US Federal Reserve achieved advanced results" Quote: "Salih, confirmed...the renewed understanding with the US Federal Reserve will allow the monetary authority to restore an internal banking market, while he indicated that the results of the discussions between the Central Bank and the Federal Reserve are good and consistent with the rules of work, and he pointed out that they will allow for the implementation of a precise path between Iraqi and international banks"
9-5-2024 Newshound Guru Pimpy A few days ago an article come out, "Two conditions for achieving it. Sudanese adviser rules out removing 3 zeros from the coin" My fingers were crossed and I was hoping they would not remove the zeros...That's step one, don't remove the zeros. Now, do we want the exchange rate to change? Yeah. Now is the time while the zeros are still on there. I'm not saying that's going to happen but what I'm saying is if it was ever going to happen the way we wanted it to, now is the time.
9-5-2024 Newshound Guru Samson Article: "The Central Bank of Iraq reveals the mechanism for ending the electronic platform"
9-5-2024 Newshound Guru Militia Man Article quote: "All the currencies Iraq will be doing business with are now in compliance with the international standards and traded on the Forex..." With respect to that, I think it's time for everybody to sit back, relax, watch it as it happens...We're all excited. Maintain some groundedness because I believe there's no stopping this at this stage of the game. They have so much they're telling us...It's truly amazing...
9-5-2024 Intel Guru Bruce [via WiserNow] ...I think everything is pointing toward this going still this week...
9-5-2024 Newshound/Intel Guru Mnt Goat ...One of the loose ends is the much-needed amendments to the Iraq Investment Law. They told us in an article that the WTO requested some changes to the law. In this same article, they told that this was the ONLY issue holding Iraq back from full accession... So, what pops out in the recent news. The article is titled “PARLIAMENTARY ECONOMY COMMITTEE DISCUSSES AMENDING THE “INVESTMENT LAW”. The Iraqi legislative arena is currently witnessing intensive discussions about the fourth amendment to Investment Law No. 13 of 2006, as amended, in light of the significant expansion of investment activity in the country in recent years. So we may see this law very soon. Then the WTO.
9-5-2024 Intel Guru MarkZ [via PDK] I am getting many reports...that payments have started. Reports that payments are rolling out to groups... But I am staying calm because I have not been able to prove it yet. But I am looking for proof that this is accurate. I am hearing this from many different sources…. IF this is accurate…in the next day or two-you and I should find out when we can go in and exchange our currency - IF THIS IS ACCURATE. ...I am getting blown up with contacts saying they have let things go...I have heard this from a number of sources... STAY CALM….I am really trying to stay calm as well.
9-5-2024 Newshound Guru Samson Article: ”Government Advisor: The talks between the Central Bank of Iraq and the US Federal Reserve achieved advanced results"
9-5-2024 Newshound Guru Militia Man Article: "The Central Bank of Iraq reveals the mechanism for ending the electronic platform" Quote: "During the year 2024 and until now, 95% of the transfer process from the electronic platform to the correspondent banking mechanism directly between it and Iraqi banks has been achieved, which means that only about 5% of it remains...which will be transferred...before the end of this year..." We should all be very clear about what is transpiring before our eyes with Iraq's reforms...We are seeing the end results with a mere 5% left to complete...So they already achieved what they were working on in the past. They are ready for completion to the best of my understanding now. Not later. Wow!
9-5-2024 Intel Guru Frank26 Article: "Two conditions to achieve it .. Al-Sudani's advisor rules out removing 3 zeros from the currency" This is what's happening right now. This is called diversion tactics...slight of hand. This was done with China and it was done with Kuwait...This is part of the monetary reform. To put out disinformation that is a deterrent, maybe, that is putting
speculators at bay.
9-5-2024 Newshound Guru Sandy Ingram [I'm] more concerned than ever that Iraq will take action to reduce the circulation of the Iraqi dinar to a manageable size which will automatically help increase the currency's value. The question then becomes will outside investors be included in the exchange? Update your passports for travel to Jordan, Turkey or Egypt where Iraq now has banks...
9-5-2024 Intel Guru MarkZ [via PDK] A lot of good news out there…over the top good news…Lots of chatter looking at tomorrow…but, we don’t know when it’s going…if half the rumors are right about it has started...we are in great shape... I am still hearing from lots of sources that things are well underway and we should soon be seeing dollars. But I cannot pin anyone down that they have physical dollars. I’m hearing it...The problem is I have not been able to verify them. Community Comment: if they’re under NDA’s, you’ll never get verification-imo. MarkZ: And that is a possibility. But for me I’m going to back up a little, stay clam and find out what is real or not.
9-5-2024 Newshound Guru Clare Article: "Government Advisor: The talks between the Central Bank of Iraq and the US Federal Reserve achieved advanced results" Quote: "Salih, confirmed...the renewed understanding with the US Federal Reserve will allow the monetary authority to restore an internal banking market, while he indicated that the results of the discussions between the Central Bank and the Federal Reserve are good and consistent with the rules of work, and he pointed out that they will allow for the implementation of a precise path between Iraqi and international banks"
9-5-2024 Newshound Guru Pimpy A few days ago an article come out, "Two conditions for achieving it. Sudanese adviser rules out removing 3 zeros from the coin" My fingers were crossed and I was hoping they would not remove the zeros...That's step one, don't remove the zeros. Now, do we want the exchange rate to change? Yeah. Now is the time while the zeros are still on there. I'm not saying that's going to happen but what I'm saying is if it was ever going to happen the way we wanted it to, now is the time.
9-5-2024 Newshound Guru Samson Article: "The Central Bank of Iraq reveals the mechanism for ending the electronic platform"
9-5-2024 Newshound Guru Militia Man Article quote: "All the currencies Iraq will be doing business with are now in compliance with the international standards and traded on the Forex..." With respect to that, I think it's time for everybody to sit back, relax, watch it as it happens...We're all excited. Maintain some groundedness because I believe there's no stopping this at this stage of the game. They have so much they're telling us...It's truly amazing...
9-5-2024 Intel Guru Bruce [via WiserNow] ...I think everything is pointing toward this going still this week...
9-5-2024 Newshound/Intel Guru Mnt Goat ...One of the loose ends is the much-needed amendments to the Iraq Investment Law. They told us in an article that the WTO requested some changes to the law. In this same article, they told that this was the ONLY issue holding Iraq back from full accession... So, what pops out in the recent news. The article is titled “PARLIAMENTARY ECONOMY COMMITTEE DISCUSSES AMENDING THE “INVESTMENT LAW”. The Iraqi legislative arena is currently witnessing intensive discussions about the fourth amendment to Investment Law No. 13 of 2006, as amended, in light of the significant expansion of investment activity in the country in recent years. So we may see this law very soon. Then the WTO.
9-5-2024 Intel Guru MarkZ [via PDK] I am getting many reports...that payments have started. Reports that payments are rolling out to groups... But I am staying calm because I have not been able to prove it yet. But I am looking for proof that this is accurate. I am hearing this from many different sources…. IF this is accurate…in the next day or two-you and I should find out when we can go in and exchange our currency - IF THIS IS ACCURATE. ...I am getting blown up with contacts saying they have let things go...I have heard this from a number of sources... STAY CALM….I am really trying to stay calm as well.
9-4-2024 Newshound Guru Clare Article 1 "To strengthen economic relations.. Reopening of the Swiss embassy in Baghdad" Quote "Switzerland...reopened its embassy in Iraq, after a 33-year hiatus." Article 2 "Iraq renews partnership with Swiss global company Roche to enhance therapeutic capabilities"
9-4-2024 Newshound Guru Samson Article: "Swiss Embassy in Baghdad reopens" Quote "Switzerland reopened its embassy in Iraq...after a 33-year hiatus."
9-4-2024 Newshound Guru Pimpy Article: "The Iraqi Central Bank announces the results of his visit to New York: A high ranking delegation negotiated with the US Treasury" There will be another big meeting by the end of this year...They're trying to find stability in the exchange rates...This is not really new. This is what Iraq has been doing recently, focusing on the banking sector because that's a big part of them getting out of the dark ages and start working internationally once again...Is this a step in the right direction? Of course it is. But does this mean they're going to change the exchange rate anytime soon? No. There's no indication either way...
9-4-2024 Newshound Guru Militia Man Road Development Project is going to be phenomenal. What we're going to see is the Untied States is going to be sticking around in some shape of form to protect their assets.
9-4-2024 Intel Guru MarkZ [via PDK] Things are going very well in Iraq. What does that mean timing wise? A number of my contacts over there are convinced we will see something in the next 2 days. Don’t ride the roller coaster…just wait and see.
9-4-2024 Newshound Guru Clare Article: "Economist talks about new measures after stopping transfers" Quote: "the Governor of the Central Bank of Iraq, Ali Al-Alaq, in New York over three days with US Treasury officials gave a new boost and confidence to the Iraqi banking system...The Central Bank of Iraq will stop dealings with foreign correspondent banks in the future and reduce reliance on them, after developing the Iraqi banking relations network...and gradually ending work on the electronic platform for transfers and replacing it with direct banking relations between Iraqi banks and the network of international correspondent banks."
9-4-2024 Newshound/Intel Guru Fnu Lnu Iraq has attempted exactly such a demand of late. I'm sure these demands and threats were a topic of discussion at the recent meetings. In 2021, the American authorities assured the CBI the funds were secured and accounted for but I should imagine the CBI wanted proof with the conclusion of the economic reform project drawing near. So you see, the recent meeting in New York has everything to do with the monetary reform as the numbers must be crunched and amounts verified. I see this as a positive in the grand scheme of things. [Post 2 of 2]
9-4-2024 Newshound/Intel Guru Fnu Lnu The recent visit of the CBI to New York was most assuredly to have a chat with the Federal Reserve Bank of New York. The FRBNY is holding the DFI funds and has been since 2003. I should imagine that the CBI was discussing the release of the funds back to the CBI as part of the economic reform regimen. In the past, accounting of the funds has come under scrutiny...1.7 Billion was unaccounted for, so said the Pentagon. Distrust has been an issue. In 2020 the State Department threatened Iraq with denial of access to the funds if Iraq ever insisted the United States military withdraw. [Post 1 of 2...stay tuned]
9-4-2024 Newshound Guru Militia Man Article: "Away from the grey list" Article quote: "Due to the spread of this phenomenon means the Iraqi business environment has become compliant with international standards." They're ready to be Article VIII compliant...To be in compliance you're going to have to have an exchange rate...1310 isn't one of them... This reeks of Article VIII compliance with the IMF, knocking on the door. I think that is powerful.
9-4-2024 Newshound/Intel Guru Mnt Goat ...Iraq told us all about how they fully intend to get back the “glory days of dinar” and so...Yes, simply put, they are doing it... at this point the pieces are all aligning so nicely...it’s all about implementing the Financial Reforms and then comes the Project to Delete the Zeros followed by the Reinstatement. You can’t do one without the other... it certainly “is not all done”... the path to the reinstatement is crystal clear... you can see the writing is on the wall. I don’t say this lightly either. We are just about there...
9-4-2024 Newshound Guru Clare Article: "Central Bank of Iraq makes progress in reforming banking sector" Quote: "US Ambassador to Iraq Alina Romansky confirmed [via tweet]...the Central Bank of Iraq has made progress in reforming the banking sector...We commend the progress made by Iraq and the Central Bank of Iraq in reforming the Iraqi banking sector in partnership with the US Treasury and the Federal Reserve during recent meetings in New York, where the two parties discussed ways to cooperate to enhance transparency and integrity in the Iraqi banking sector."
9-4-2024 Intel Guru MarkZ [via PDK] Comment: 13 banks over there are set up for foreign currency exchanges. Saw an article on that a few days ago. MarkZ: Suddenly they are operating as if they were already in the WTO. And yes…13 of their banks can now take international exchanges. It’s curious and I think tells us how close we are.
9-4-2024 Newshound Guru Samson Article: "Swiss Embassy in Baghdad reopens" Quote "Switzerland reopened its embassy in Iraq...after a 33-year hiatus."
9-4-2024 Newshound Guru Pimpy Article: "The Iraqi Central Bank announces the results of his visit to New York: A high ranking delegation negotiated with the US Treasury" There will be another big meeting by the end of this year...They're trying to find stability in the exchange rates...This is not really new. This is what Iraq has been doing recently, focusing on the banking sector because that's a big part of them getting out of the dark ages and start working internationally once again...Is this a step in the right direction? Of course it is. But does this mean they're going to change the exchange rate anytime soon? No. There's no indication either way...
9-4-2024 Newshound Guru Militia Man Road Development Project is going to be phenomenal. What we're going to see is the Untied States is going to be sticking around in some shape of form to protect their assets.
9-4-2024 Intel Guru MarkZ [via PDK] Things are going very well in Iraq. What does that mean timing wise? A number of my contacts over there are convinced we will see something in the next 2 days. Don’t ride the roller coaster…just wait and see.
9-4-2024 Newshound Guru Clare Article: "Economist talks about new measures after stopping transfers" Quote: "the Governor of the Central Bank of Iraq, Ali Al-Alaq, in New York over three days with US Treasury officials gave a new boost and confidence to the Iraqi banking system...The Central Bank of Iraq will stop dealings with foreign correspondent banks in the future and reduce reliance on them, after developing the Iraqi banking relations network...and gradually ending work on the electronic platform for transfers and replacing it with direct banking relations between Iraqi banks and the network of international correspondent banks."
9-4-2024 Newshound/Intel Guru Fnu Lnu Iraq has attempted exactly such a demand of late. I'm sure these demands and threats were a topic of discussion at the recent meetings. In 2021, the American authorities assured the CBI the funds were secured and accounted for but I should imagine the CBI wanted proof with the conclusion of the economic reform project drawing near. So you see, the recent meeting in New York has everything to do with the monetary reform as the numbers must be crunched and amounts verified. I see this as a positive in the grand scheme of things. [Post 2 of 2]
9-4-2024 Newshound/Intel Guru Fnu Lnu The recent visit of the CBI to New York was most assuredly to have a chat with the Federal Reserve Bank of New York. The FRBNY is holding the DFI funds and has been since 2003. I should imagine that the CBI was discussing the release of the funds back to the CBI as part of the economic reform regimen. In the past, accounting of the funds has come under scrutiny...1.7 Billion was unaccounted for, so said the Pentagon. Distrust has been an issue. In 2020 the State Department threatened Iraq with denial of access to the funds if Iraq ever insisted the United States military withdraw. [Post 1 of 2...stay tuned]
9-4-2024 Newshound Guru Militia Man Article: "Away from the grey list" Article quote: "Due to the spread of this phenomenon means the Iraqi business environment has become compliant with international standards." They're ready to be Article VIII compliant...To be in compliance you're going to have to have an exchange rate...1310 isn't one of them... This reeks of Article VIII compliance with the IMF, knocking on the door. I think that is powerful.
9-4-2024 Newshound/Intel Guru Mnt Goat ...Iraq told us all about how they fully intend to get back the “glory days of dinar” and so...Yes, simply put, they are doing it... at this point the pieces are all aligning so nicely...it’s all about implementing the Financial Reforms and then comes the Project to Delete the Zeros followed by the Reinstatement. You can’t do one without the other... it certainly “is not all done”... the path to the reinstatement is crystal clear... you can see the writing is on the wall. I don’t say this lightly either. We are just about there...
9-4-2024 Newshound Guru Clare Article: "Central Bank of Iraq makes progress in reforming banking sector" Quote: "US Ambassador to Iraq Alina Romansky confirmed [via tweet]...the Central Bank of Iraq has made progress in reforming the banking sector...We commend the progress made by Iraq and the Central Bank of Iraq in reforming the Iraqi banking sector in partnership with the US Treasury and the Federal Reserve during recent meetings in New York, where the two parties discussed ways to cooperate to enhance transparency and integrity in the Iraqi banking sector."
9-4-2024 Intel Guru MarkZ [via PDK] Comment: 13 banks over there are set up for foreign currency exchanges. Saw an article on that a few days ago. MarkZ: Suddenly they are operating as if they were already in the WTO. And yes…13 of their banks can now take international exchanges. It’s curious and I think tells us how close we are.
9-3-2024 Newshound Guru Clare Article: "Ministry of Finance: Iraq maintains its credit rating and foreign exchange reserves level" Quote: "...the latest report issued by Standard & Poor's Credit Rating Agency (S&P), Iraq maintains its credit rating at B- / B with a stable outlook, indicating financial and economic stability in Iraq"
9-3-2024 Intel Guru MarkZ [via PDK] From Banking people…they tell me they were told suddenly to start training more people on foreign currency exchange…. I take that as a good thing. They had kept their training to smaller numbers up until now. It would make sense to me now that we are so close…for them to get more people ready to roll.
9-3-2024 Newshound Guru Militia Man The reason why I'm in this investment is because I listened to the IMF. I read the IMF documents. One of the longest reports I've ever read. I read every page...198 pages. That's where the IMF talked about $3.22. that was what the exchange rate was back in those days. Reinstatement...Revaluations are legal things.
9-3-2024 Intel Guru RayRen98 [via Treeman] 3 LETTERS ARE "TALKIN" BUT I AIN'T "LISNIN" UNTIL I SEE SOME RESULTS! LOL THEY ARE LOOKING AT TONIGHT INTO THE MORNING...AGAIN
9-3-2024 Newshound Guru Samson Article: "For the first time, Iraq was chosen to chair the Group of 77 and China at the United Nations"
9-3-2024 Newshound Guru Sandy Ingram Iraq's employment rate, inflation rate and GDP affect the value of [Iraq's] currency. The Development Road Project will positively affect Iraq's economic status and provide a dependable income stream outside the oil industry. As a global corridor to transport goods and energy the project will generate many jobs and investment opportunities for Iraq and the countries of the region as it will attract global trade.
9-3-2024 Newshound Guru Clare Article: "US Treasury praises Iraq's progress in monitoring transfers and selling dollars" Quote: "The US Treasury Department praised the remarkable progress made by the Central Bank of Iraq in strengthening control procedures over foreign transfers and cash sales of the dollar, while considering that these steps contribute to strengthening financial and economic stability in the country"
9-3-2024 Intel Guru Wolverine Everything is ready to go. Everything is in place. ...Get ready for ...Tues. 3 Sept. …On Sun. 1 Sept. the Banking sector was notified that the mechanism to exchange foreign currencies and Securities has gone live. We are finally here...
9-3-2024 Newshound Guru Kaperoni Article: "Central Bank meets with electronic payment companies and contracts with an international auditing firm in New York" Community Comment: "They have been saying that for 15 years." Clearly you do not stay up to date... Iraq is making progress ever so slowly. Digital payments and electronic banking is the future in Iraq and will take effect early next year. The new Central Bank building will become a beacon in Iraq as they diversify their economy.
9-3-2024 Newshound Guru Militia Man Back in the old days...when Saddam Hussein was around, when their valuations were out [$3.22], they were valuing based off of what? Oil. They didn't have non-oil revenues. Times have changed. They need to renew all of that...They've had plenty of time to do research and analysis to...provide an appraisal for the people that need to know the numbers.
9-3-2024 Intel Guru MarkZ [via PDK] Question: Are we now waiting for the election...? MarkZ: I don’t think we are waiting on the election. I think things are being forced through as we speak.
9-3-2024 Newshound Guru Clare Article: "Prime Minister's Advisor Announces Increase in Non-Oil Revenues Compared to Previous Years" Quote: "Saleh...oil revenues (semi-annual) for the year 2023 amounted to 53.88 trillion dinars, while non-oil revenues amounted to nearly 0.42 trillion dinars (during the six months of the same year 2023)," indicating that "oil revenues in the first half of the year 2024 amounted to 58.80 trillion dinars, while non-oil revenues (at the end of the first half of the year 2024) rose to reach 7.18 trillion dinars"
9-3-2024 Newshound/Intel Guru Mnt Goat ...I was told [by CBI contact] once again the process will begin with “EDUCATION” followed by “ACTION”... Yes, we have seen some of it already but there is more to come... Also...the necessity of the parallel market to get very close, if not matching, to the official CBI rate. We are watching for this and it has not yet reached its goals.
9-3-2024 Newshound Guru Samson "Prime Minister's Advisor Announces Increase in Non-Oil Revenues Compared to Previous Years"
9-3-2024 Newshound Guru tishwash Article: "Prime Minister's Advisor Announces Increase in Non-Oil Revenues Compared to Previous Years"
9-3-2024 Intel Guru MarkZ [via PDK] They are openly talking about Lower Denominations in Iraq again…13 banks are set up in Iraq to handle exchanges.
9-3-2024 Intel Guru MarkZ [via PDK] From Banking people…they tell me they were told suddenly to start training more people on foreign currency exchange…. I take that as a good thing. They had kept their training to smaller numbers up until now. It would make sense to me now that we are so close…for them to get more people ready to roll.
9-3-2024 Newshound Guru Militia Man The reason why I'm in this investment is because I listened to the IMF. I read the IMF documents. One of the longest reports I've ever read. I read every page...198 pages. That's where the IMF talked about $3.22. that was what the exchange rate was back in those days. Reinstatement...Revaluations are legal things.
9-3-2024 Intel Guru RayRen98 [via Treeman] 3 LETTERS ARE "TALKIN" BUT I AIN'T "LISNIN" UNTIL I SEE SOME RESULTS! LOL THEY ARE LOOKING AT TONIGHT INTO THE MORNING...AGAIN
9-3-2024 Newshound Guru Samson Article: "For the first time, Iraq was chosen to chair the Group of 77 and China at the United Nations"
9-3-2024 Newshound Guru Sandy Ingram Iraq's employment rate, inflation rate and GDP affect the value of [Iraq's] currency. The Development Road Project will positively affect Iraq's economic status and provide a dependable income stream outside the oil industry. As a global corridor to transport goods and energy the project will generate many jobs and investment opportunities for Iraq and the countries of the region as it will attract global trade.
9-3-2024 Newshound Guru Clare Article: "US Treasury praises Iraq's progress in monitoring transfers and selling dollars" Quote: "The US Treasury Department praised the remarkable progress made by the Central Bank of Iraq in strengthening control procedures over foreign transfers and cash sales of the dollar, while considering that these steps contribute to strengthening financial and economic stability in the country"
9-3-2024 Intel Guru Wolverine Everything is ready to go. Everything is in place. ...Get ready for ...Tues. 3 Sept. …On Sun. 1 Sept. the Banking sector was notified that the mechanism to exchange foreign currencies and Securities has gone live. We are finally here...
9-3-2024 Newshound Guru Kaperoni Article: "Central Bank meets with electronic payment companies and contracts with an international auditing firm in New York" Community Comment: "They have been saying that for 15 years." Clearly you do not stay up to date... Iraq is making progress ever so slowly. Digital payments and electronic banking is the future in Iraq and will take effect early next year. The new Central Bank building will become a beacon in Iraq as they diversify their economy.
9-3-2024 Newshound Guru Militia Man Back in the old days...when Saddam Hussein was around, when their valuations were out [$3.22], they were valuing based off of what? Oil. They didn't have non-oil revenues. Times have changed. They need to renew all of that...They've had plenty of time to do research and analysis to...provide an appraisal for the people that need to know the numbers.
9-3-2024 Intel Guru MarkZ [via PDK] Question: Are we now waiting for the election...? MarkZ: I don’t think we are waiting on the election. I think things are being forced through as we speak.
9-3-2024 Newshound Guru Clare Article: "Prime Minister's Advisor Announces Increase in Non-Oil Revenues Compared to Previous Years" Quote: "Saleh...oil revenues (semi-annual) for the year 2023 amounted to 53.88 trillion dinars, while non-oil revenues amounted to nearly 0.42 trillion dinars (during the six months of the same year 2023)," indicating that "oil revenues in the first half of the year 2024 amounted to 58.80 trillion dinars, while non-oil revenues (at the end of the first half of the year 2024) rose to reach 7.18 trillion dinars"
9-3-2024 Newshound/Intel Guru Mnt Goat ...I was told [by CBI contact] once again the process will begin with “EDUCATION” followed by “ACTION”... Yes, we have seen some of it already but there is more to come... Also...the necessity of the parallel market to get very close, if not matching, to the official CBI rate. We are watching for this and it has not yet reached its goals.
9-3-2024 Newshound Guru Samson "Prime Minister's Advisor Announces Increase in Non-Oil Revenues Compared to Previous Years"
9-3-2024 Newshound Guru tishwash Article: "Prime Minister's Advisor Announces Increase in Non-Oil Revenues Compared to Previous Years"
9-3-2024 Intel Guru MarkZ [via PDK] They are openly talking about Lower Denominations in Iraq again…13 banks are set up in Iraq to handle exchanges.
9-2-2024 Newshound Guru Militia Man Non-oil revenues is going to increase...It will enhance the value if they're not just basing their value on oil, which is massive.
9-2-2024 Newshound Guru Samson Article ”Eight months of waiting: The Iraqi budget is held hostage on the shelves"
9-2-2024 Newshound Guru Clare Article: "Oil Minister: I expect gas reserves to increase to more than 200 trillion cubic feet" Quote "Oil Minister Hayan Abdul Ghani confirmed...the gas reserves achieved in Iraq amount to 128 trillion cubic feet and it is expected that these quantities will increase to more than 200 trillion cubic feet through these areas spread in the western region, which, by investing in them, will achieve self-sufficiency in gas and perhaps Iraq will turn into a country exporting gas to the countries of the world...We are about to go to the United States of America to present these exploration areas to specialized American companies with the aim of investing in these areas and sites."
9-2-2024 Guru Nader From The Mid East Whatever who told you...the small category has been released and all that, not yet. That doesn't release it in one part of the country. The whole country work the same thing. They whole system the same. When they release, they release it to all banks...
9-2-2024 Newshound/Intel Guru Fnu Lnu The subsequent [After New York] visit to Washington D.C. was most likely to prove to the UST that the rogue, non-compliant banks in Iraq were brought to heel. I see an RV in the near future and I must say, it's about time.
9-2-2024 Intel Guru MarkZ [via PDK] There is a lot of chatter about tomorrow being our big day. Guess we will find out then-if not sooner. Today banks are closed...My Iraq folks are bouncing with anticipation for the next 3 days.We are hearing all kinds of rumors that everything started ripping yesterday and they are “releasing the hounds of the RV”...Tons of rumors. Tons of contacts saying “This is it”... Guess we will find out tomorrow...Stay calm...But I can tell you I’m blown away by the number of people convinced its all about to be seen.
9-2-2024 Newshound Guru Militia Man One of the hopes is Iraq is going to try to work with other countries in the region to defend their currency. They're going to try to keep it as stable as they possibly can. Having flexibility to the exchange rate so they can move it a little bit here and there so they can inject money, take money out or buy and sell the dinar etc is something they've got on their mind.
9-2-2024 Newshound Guru Samson Article "Oil Minister: I expect gas reserves to increase to more than 200 trillion cubic feet"
9-2-2024 Newshound Guru Clare Article: "Oil Minister reveals upcoming visit to US to discuss gas investment file" Quote: "The Ministry of Oil plans to offer these gas investment opportunities to specialized companies, and we have a visit to the United States soon for this purpose, as we plan to offer them to international American companies."
9-2-2024 Newshound Guru Sandy Ingram The Iraqi Ministry of Finance revealed...the country's financial revenues in 5 months surpassed 54 trillion dinars, approximately $41.3 billion. Wow. Data released by the Finance Ministry for the months of January, February, March, April and May 2024 showed oil exports are still the main resource for Iraq's general budget representing 89%...Non-Oil revenues were 6.78 trillion dinars, approximately $5.2 billion...
9-2-2024 Newshound Guru Militia Man Article: "After the success of the recent negotiations in Washington...the Central Bank succeeded...in diversifying the basket of commercial currencies. Indicating this will lead to a significant decrease in the demand for the dollar...This meeting with...the Central Bank of Iraq...US Federal Reserve and US Treasury, which lasted for 3 days..." Commercial currencies with the Iraqi dinar. They're not going to do that at 1310...When things change everybody's going to be ready to do business with Iraq.
9-2-2024 Newshound Guru Samson Article "Oil Minister reveals upcoming visit to US to discuss gas investment file"
9-2-2024 Newshound Guru Clare Article: "Oliver Wyman Company and lifting sanctions on banks banned from the dollar " Quote: "A firm like Oliver Wyman can therefore help sanctioned Iraqi banks understand the sanctions imposed on them, work on strategies to mitigate their impact, and even help remove these sanctions in some cases."
9-2-2024 Intel Guru Wolverine [via Judy Byington] Looks like everything has been lined up for Tues. 3 Sept...It’s going to be a shotgun start. All contracts have been signed. Everything is ready to go. …Tier 1, 2, 3 and 4 banks around the world are fully integrated and ready for distribution. The RV is finally here.
9-2-2024 Newshound Guru Samson Article ”Eight months of waiting: The Iraqi budget is held hostage on the shelves"
9-2-2024 Newshound Guru Clare Article: "Oil Minister: I expect gas reserves to increase to more than 200 trillion cubic feet" Quote "Oil Minister Hayan Abdul Ghani confirmed...the gas reserves achieved in Iraq amount to 128 trillion cubic feet and it is expected that these quantities will increase to more than 200 trillion cubic feet through these areas spread in the western region, which, by investing in them, will achieve self-sufficiency in gas and perhaps Iraq will turn into a country exporting gas to the countries of the world...We are about to go to the United States of America to present these exploration areas to specialized American companies with the aim of investing in these areas and sites."
9-2-2024 Guru Nader From The Mid East Whatever who told you...the small category has been released and all that, not yet. That doesn't release it in one part of the country. The whole country work the same thing. They whole system the same. When they release, they release it to all banks...
9-2-2024 Newshound/Intel Guru Fnu Lnu The subsequent [After New York] visit to Washington D.C. was most likely to prove to the UST that the rogue, non-compliant banks in Iraq were brought to heel. I see an RV in the near future and I must say, it's about time.
9-2-2024 Intel Guru MarkZ [via PDK] There is a lot of chatter about tomorrow being our big day. Guess we will find out then-if not sooner. Today banks are closed...My Iraq folks are bouncing with anticipation for the next 3 days.We are hearing all kinds of rumors that everything started ripping yesterday and they are “releasing the hounds of the RV”...Tons of rumors. Tons of contacts saying “This is it”... Guess we will find out tomorrow...Stay calm...But I can tell you I’m blown away by the number of people convinced its all about to be seen.
9-2-2024 Newshound Guru Militia Man One of the hopes is Iraq is going to try to work with other countries in the region to defend their currency. They're going to try to keep it as stable as they possibly can. Having flexibility to the exchange rate so they can move it a little bit here and there so they can inject money, take money out or buy and sell the dinar etc is something they've got on their mind.
9-2-2024 Newshound Guru Samson Article "Oil Minister: I expect gas reserves to increase to more than 200 trillion cubic feet"
9-2-2024 Newshound Guru Clare Article: "Oil Minister reveals upcoming visit to US to discuss gas investment file" Quote: "The Ministry of Oil plans to offer these gas investment opportunities to specialized companies, and we have a visit to the United States soon for this purpose, as we plan to offer them to international American companies."
9-2-2024 Newshound Guru Sandy Ingram The Iraqi Ministry of Finance revealed...the country's financial revenues in 5 months surpassed 54 trillion dinars, approximately $41.3 billion. Wow. Data released by the Finance Ministry for the months of January, February, March, April and May 2024 showed oil exports are still the main resource for Iraq's general budget representing 89%...Non-Oil revenues were 6.78 trillion dinars, approximately $5.2 billion...
9-2-2024 Newshound Guru Militia Man Article: "After the success of the recent negotiations in Washington...the Central Bank succeeded...in diversifying the basket of commercial currencies. Indicating this will lead to a significant decrease in the demand for the dollar...This meeting with...the Central Bank of Iraq...US Federal Reserve and US Treasury, which lasted for 3 days..." Commercial currencies with the Iraqi dinar. They're not going to do that at 1310...When things change everybody's going to be ready to do business with Iraq.
9-2-2024 Newshound Guru Samson Article "Oil Minister reveals upcoming visit to US to discuss gas investment file"
9-2-2024 Newshound Guru Clare Article: "Oliver Wyman Company and lifting sanctions on banks banned from the dollar " Quote: "A firm like Oliver Wyman can therefore help sanctioned Iraqi banks understand the sanctions imposed on them, work on strategies to mitigate their impact, and even help remove these sanctions in some cases."
9-2-2024 Intel Guru Wolverine [via Judy Byington] Looks like everything has been lined up for Tues. 3 Sept...It’s going to be a shotgun start. All contracts have been signed. Everything is ready to go. …Tier 1, 2, 3 and 4 banks around the world are fully integrated and ready for distribution. The RV is finally here.
9-1-2024 Newshound Guru Samson Article 1: "The Minister of Finance follows up on the regulation of the work of government banks with the international auditing firm Ernst & Young" Article 2: "Central Bank contracts with international auditing firm in New York"
9-1-2024 Newshound Guru Clare Article: "Central Bank announces results of New York meetings" Quote: "a high-level negotiating delegation headed by Governor Ali Mohsen Al-Alaq held a series of intensive meetings in New York City, USA, which included discussions with the US Treasury Department and the Federal Reserve Bank, in addition to meetings with a group of companies (Visa, Mastercard and MoneyGram) as well as banks (Citi Bank and JP Morgan) as well as international auditing firms (KPMG, E&Y, K2i and Oliver Wyman)."
9-1-2024 Intel Guru MarkZ [via PDK] The Deleting the zeros project is back in major conversations in Iraq. I want to make certain you all know how that process works. They raise the purchasing power…they increase the purchasing power of the dinar. Then they issue lower denominations. They do not just chop off the zeros…..but using the large 3 zero notes would become unwieldy. They have been very clear on this from government documents, Sudani and Shabibi.
9-1-2024 Newshound Guru Militia Man You didn't have anybody talking about privatizing the banks 20 years ago...It wasn't in the pipeline. It's obviously different from 2016. We don't have ISSI anymore. It's obviously different from 2018. Why would they print all that currency in 2018 and then just stop doing it? ...It's really a complex situation. It's more than just pushing a button... There was a component of corruption...We all know they're going to have transparency and accountability...With the likes of Ernst & Young involved the world will find confidence...You're going to find big things are underway for this country.
9-1-2024 Newshound Guru Sandy Ingram Iraq exports around 65% of its crude oil to Asia markets, such as China and India and ships the remaining 20% to Europe and 15% to the United States.
9-1-2024 Newshound Guru Samson "After the success of the recent negotiations in Washington, an expert identifies indicators of a decline in demand for the dollar"
9-1-2024 Intel Guru yada Considering the revelation of last week's progress in NY, regarding the activation of Iraq's ability to exchange the other currencies world wide starting Friday...The digital conversions of dinars to other currencies and visa versa. That was achieved on Friday...I believe the RI is done and awaiting the markets reopening. Trillions in dinar will gain value and contracts and agreements will be active.
9-1-2024 Newshound Guru Clare Article: "Central Bank contracts with international auditing firm in New York" Quote: "This came during separate meetings with a group of companies such as (Visa, Mastercard and MoneyGram), as the international auditing company (KPMG)"
9-1-2024 Newshound/Intel Guru Walkingstick Article: "Two conditions to achieve it .. Al-Sudani's advisor rules out removing 3 zeros from the currency" These articles, this misleading, is intentional right now...Contradicting statements are found throughout all of these statements, all of these articles...The 25 note has to become a 25k note? There isn't even a 25 note...When did Iraq last have a 25 note? Never.
9-1-2024 Newshound Guru Militia Man Article: "The Central Bank announces the participation of 13 Iraqi banks in foreign transfer in multiple currencies" Friday afternoon...10pm in Baghdad, article hits the wires. Quote: "Delegation in New York announces the start of the new phase of external transfers...facilitating international transfers" If Iraq is going to be dealing with the Euro, the Chinese Yuan, Indian Rupee, the UAE Durham they're probably going to have to have Article VIII compliant currency that's acceptable globally, traded on the Forex... This is big. Why do they come out on a Friday?
9-1-2024 Intel Guru Bruce [via WiserNow] Sunday night...five o'clock Eastern...after the Forex...opens back up for trading... we're going to see all new rates on all currencies...They should see all brand new rates Sunday night period. Now – we would see them, probably Tuesday since Monday is a holiday. ...we don't have this absolute, but my belief is we can get notified on Monday which is is labor day here in the United States - and then set our appointments and start on Tuesday...I'm just believing that we are finally at the end.
9-1-2024 Intel Guru MarkZ [via PDK] Comment: ...13 Iraqi banks now trading international currency. MarkZ: I think that one is very important. They can now exchange back and forth in different currencies. The mechanism to exchange foreign currencies went live…I think this one is huge.
9-1-2024 Newshound Guru Clare Article: "Central Bank announces results of New York meetings" Quote: "a high-level negotiating delegation headed by Governor Ali Mohsen Al-Alaq held a series of intensive meetings in New York City, USA, which included discussions with the US Treasury Department and the Federal Reserve Bank, in addition to meetings with a group of companies (Visa, Mastercard and MoneyGram) as well as banks (Citi Bank and JP Morgan) as well as international auditing firms (KPMG, E&Y, K2i and Oliver Wyman)."
9-1-2024 Intel Guru MarkZ [via PDK] The Deleting the zeros project is back in major conversations in Iraq. I want to make certain you all know how that process works. They raise the purchasing power…they increase the purchasing power of the dinar. Then they issue lower denominations. They do not just chop off the zeros…..but using the large 3 zero notes would become unwieldy. They have been very clear on this from government documents, Sudani and Shabibi.
9-1-2024 Newshound Guru Militia Man You didn't have anybody talking about privatizing the banks 20 years ago...It wasn't in the pipeline. It's obviously different from 2016. We don't have ISSI anymore. It's obviously different from 2018. Why would they print all that currency in 2018 and then just stop doing it? ...It's really a complex situation. It's more than just pushing a button... There was a component of corruption...We all know they're going to have transparency and accountability...With the likes of Ernst & Young involved the world will find confidence...You're going to find big things are underway for this country.
9-1-2024 Newshound Guru Sandy Ingram Iraq exports around 65% of its crude oil to Asia markets, such as China and India and ships the remaining 20% to Europe and 15% to the United States.
9-1-2024 Newshound Guru Samson "After the success of the recent negotiations in Washington, an expert identifies indicators of a decline in demand for the dollar"
9-1-2024 Intel Guru yada Considering the revelation of last week's progress in NY, regarding the activation of Iraq's ability to exchange the other currencies world wide starting Friday...The digital conversions of dinars to other currencies and visa versa. That was achieved on Friday...I believe the RI is done and awaiting the markets reopening. Trillions in dinar will gain value and contracts and agreements will be active.
9-1-2024 Newshound Guru Clare Article: "Central Bank contracts with international auditing firm in New York" Quote: "This came during separate meetings with a group of companies such as (Visa, Mastercard and MoneyGram), as the international auditing company (KPMG)"
9-1-2024 Newshound/Intel Guru Walkingstick Article: "Two conditions to achieve it .. Al-Sudani's advisor rules out removing 3 zeros from the currency" These articles, this misleading, is intentional right now...Contradicting statements are found throughout all of these statements, all of these articles...The 25 note has to become a 25k note? There isn't even a 25 note...When did Iraq last have a 25 note? Never.
9-1-2024 Newshound Guru Militia Man Article: "The Central Bank announces the participation of 13 Iraqi banks in foreign transfer in multiple currencies" Friday afternoon...10pm in Baghdad, article hits the wires. Quote: "Delegation in New York announces the start of the new phase of external transfers...facilitating international transfers" If Iraq is going to be dealing with the Euro, the Chinese Yuan, Indian Rupee, the UAE Durham they're probably going to have to have Article VIII compliant currency that's acceptable globally, traded on the Forex... This is big. Why do they come out on a Friday?
9-1-2024 Intel Guru Bruce [via WiserNow] Sunday night...five o'clock Eastern...after the Forex...opens back up for trading... we're going to see all new rates on all currencies...They should see all brand new rates Sunday night period. Now – we would see them, probably Tuesday since Monday is a holiday. ...we don't have this absolute, but my belief is we can get notified on Monday which is is labor day here in the United States - and then set our appointments and start on Tuesday...I'm just believing that we are finally at the end.
9-1-2024 Intel Guru MarkZ [via PDK] Comment: ...13 Iraqi banks now trading international currency. MarkZ: I think that one is very important. They can now exchange back and forth in different currencies. The mechanism to exchange foreign currencies went live…I think this one is huge.
8-31-2024 Newshound Guru Militia Man I think everybody should be excited by the fact that all the progress that we've seen with Iraq has been amazing...Over the last 2 years we can see one thing after another is getting done. It seems like it's painstakingly [slow] ...but in truth it's not even close to that.
8-31-2024 Guru Nader From The Mid East Everybody's saying there's a new category of currency come out in the streets of Iraq. We heard it but we didn't see anything. Nothing new, we still with the same currency. For now didn't see anything.
8-31-2024 Newshound Guru Samson Article: "Iraq among most popular tourist destinations for Australians"
8-31-2024 Intel Guru MarkZ [via PDK] I did get an update this morning from a redemption center contact. They very much still expect to be called into work this weekend. Their chain of command said to expect to work before Tuesday. This is excellent news.
8-31-2024 Newshound Guru Clare Article: ”The Central Bank announces the participation of Iraqi banks in external transfers in multiple currencies" Quote: "The delegation of the Central Bank of Iraq in New York announced the start of the new phase of foreign transfer operations with the participation of (13) Iraqi banks"
8-31-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh on TV right now and he just told us that the project to delete the zeros is ruled out at this present time...Then he turns around and says we need to reduce the amount in the budget from trillions to billions and then ends the conference talk by saying many have called for the removal of the three zeros which would increase the dinar...We are both in shock and stunned because he said one thing and then he said another thing. FRANK: What he's telling you is exactly right...it doesn't make any sense...This is B.S. It is a lie...Trust me, nothing is stopping the purchasing power that is coming to you Iraqi citizens. Nothing...China did the same thing back in the 90s...They came out with a full page article in their newspaper saying there were not sign to increase the value. 3 days later they increased the value. This may be the same scenario. A diversion for speculators.
8-31-2024 Newshound Guru Militia Man Article: "Al Sudani's adviser rules out removing three zeros from the currency" Saleh...he's not lying. The government isn't looking to remove the zeros. It's not the government's job. So he's not lying...1310 will not work going into this new economy that they're going to be rebuilding...It's impossible...to keep having an exchange rate at 1310 because as he says, it's reached trillions and it's not easy anymore. It will be astronomical.
8-31-2024 Intel Guru Bruce [via WiserNow] ...there's so much good stuff coming out with Iraq with their new rate coming up Sunday, international rate, and we’ve [US] occupied one floor in the Central Bank of Iraq. And we vacate that on Saturday. We no longer will be in that CBI on Saturday...So that’s good news...I just think we're all ready for this to go...
8-31-2024 Intel Guru MarkZ [via PDK] ...my redemption folks...are on call…but they have been told to expect to work at some point over this long weekend. Since its Labor Day Weekend…This is unusual.
8-31-2024 Guru Nader From The Mid East Everybody's saying there's a new category of currency come out in the streets of Iraq. We heard it but we didn't see anything. Nothing new, we still with the same currency. For now didn't see anything.
8-31-2024 Newshound Guru Samson Article: "Iraq among most popular tourist destinations for Australians"
8-31-2024 Intel Guru MarkZ [via PDK] I did get an update this morning from a redemption center contact. They very much still expect to be called into work this weekend. Their chain of command said to expect to work before Tuesday. This is excellent news.
8-31-2024 Newshound Guru Clare Article: ”The Central Bank announces the participation of Iraqi banks in external transfers in multiple currencies" Quote: "The delegation of the Central Bank of Iraq in New York announced the start of the new phase of foreign transfer operations with the participation of (13) Iraqi banks"
8-31-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh on TV right now and he just told us that the project to delete the zeros is ruled out at this present time...Then he turns around and says we need to reduce the amount in the budget from trillions to billions and then ends the conference talk by saying many have called for the removal of the three zeros which would increase the dinar...We are both in shock and stunned because he said one thing and then he said another thing. FRANK: What he's telling you is exactly right...it doesn't make any sense...This is B.S. It is a lie...Trust me, nothing is stopping the purchasing power that is coming to you Iraqi citizens. Nothing...China did the same thing back in the 90s...They came out with a full page article in their newspaper saying there were not sign to increase the value. 3 days later they increased the value. This may be the same scenario. A diversion for speculators.
8-31-2024 Newshound Guru Militia Man Article: "Al Sudani's adviser rules out removing three zeros from the currency" Saleh...he's not lying. The government isn't looking to remove the zeros. It's not the government's job. So he's not lying...1310 will not work going into this new economy that they're going to be rebuilding...It's impossible...to keep having an exchange rate at 1310 because as he says, it's reached trillions and it's not easy anymore. It will be astronomical.
8-31-2024 Intel Guru Bruce [via WiserNow] ...there's so much good stuff coming out with Iraq with their new rate coming up Sunday, international rate, and we’ve [US] occupied one floor in the Central Bank of Iraq. And we vacate that on Saturday. We no longer will be in that CBI on Saturday...So that’s good news...I just think we're all ready for this to go...
8-31-2024 Intel Guru MarkZ [via PDK] ...my redemption folks...are on call…but they have been told to expect to work at some point over this long weekend. Since its Labor Day Weekend…This is unusual.
8-30-2024 Newshound Guru Militia Man Please pay attention. They're bringing value to their currency...It's really coming together quite quickly.
8-30-2024 Intel Guru Frank26 I pray that this dream will come true for the both of us. It is very close. There's no doubt about it. All the indications are pointing that it's very close. I just hope we get some good news when Alaq [returns from] New York...
8-30-2024 Newshound Guru Enorrste If the dinar exchange rate is ever to rise in value, it will be based on the economic success and growth of Iraq's own economy. There are no shortcuts.
8-30-2024 Intel Guru MarkZ [via PDK] I have been told a 3 day weekend is easier to execute. In an ideal world they would flip the rates on a Saturday Night or Sunday morning and this would give them more time to prepare banking . It would just be easier to do it on a 3 day weekend for the biggest economies in the world.. At least that is how it was described to me... the anticipation for this weekend is at a feverish pitch right now!! We will see what happens. We should know by midday on Sunday.
8-30-2024 Newshound Guru Clare Article Continues "...adding that the process of raising three zeros does not only mean the value of the currency, but also the calculations and statistics...Removing three zeros from the currency, globally, requires two conditions: political stability and economic stability. When these two factors are available, countries resort to removing zeros from their currency, adding that the value is fixed and not affected. Rather, it is a relative change....The project to remove three zeros we worked on between 2011 and 2012, but there was a delay in the matter, because it requires a change in the accounts of the Republic of Iraq and statistics, and requires cooperation between monetary policy and all government policies." [Post 2 of 2]
8-30-2024 Newshound Guru Clare Article: " "Two conditions to achieve it" .. Al-Sudani's advisor rules out removing 3 zeros from the currency" Quote: "Salih, ruled out the government removing three zeros from the Iraqi currency at present, noting that achieving this requires two basic conditions...Explained that the three zeros added price and monetary inflation to the currency, starting with the Iran-Iraq war...generated inflation in the value of the currency. He pointed out that when prices rise, we need larger denominations of money to maintain the equivalence between price and money. For example, due to price inflation, 25 Iraqi dinars have become 25,000 dinars. Saleh pointed out the importance of reducing the calculations that have reached trillions in recent years..." [Post 1 of 2....stay tuned]
8-30-2024 Newshound Guru Militia Man Is there a rate sensitivity they're hiding at the moment? Is that possible? Of course it is... Why haven't they gone on the Forex?
8-30-2024 Intel Guru Wolverine [via Judy Byington] I’m absolutely excited. I wanted you to know it’s coming. It’s absolutely real.
8-30-2024 Newshound Guru Samson "Two conditions to achieve it" .. Al-Sudani's advisor rules out removing 3 zeros from the currency"
8-30-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Alaq in the United States of America means very little for us in the sense of a rate change. It is more for the banks to try to get their situation straightened out and no more sanctions. FRANK: I agree to a certain point but I also disagree to another point. IMO this meeting in New York may not release a new exchange rate but it is definitely part of the monetary reform. This meeting will accomplish steps that are necessary to release the new exchange rate. Your banks have to be stable and secure and free from the corruption of parliament and they must be ready for the new exchange rate. That's what they're doing.
8-30-2024 Newshound Guru Militia Man Article: "Al-Mashhadani announces the approval of the majority of deputies to his nomination for the post of Speaker of Parliament" Now it is waiting for a vote. Let’s see how long that takes...I do believe the optics of having all three presidents in place when they fully open the doors to the world with their real effective exchange rate, will or would be well accepted globally. Investors would likely see it as security and stability.
8-30-2024 Intel Guru MarkZ [via PDK] “Iraq’s Prime Minister Mohammad Shia Al Sudani chaired a meeting of the high committee for tax reform” So when they reviewed it they found there was a 22 % growth in tax revenues. This means the economic reforms they are working on are working . This one is really big news.
8-30-2024 Newshound/Intel Guru Mnt Goat Article: "GOVERNMENT ADVISOR EXPLAINS THE POSSIBILITY OF USING THE DINAR INSTEAD OF
THE DOLLAR IN OIL SALES" This is a...VERY good article in that it talks about the risks associated with pegging the dinar to oil prices...Instead they plan to repeg to a “basket” of international currencies from the top developed nations. This much less risky and is much more stable. Besides this is the Dr. Shabibi and IMF plan for Iraq. Article Quote: "Will it be a fixed exchange system supported by foreign reserves or will it be a flexible exchange system in which the (petrodinar) changes with the change in oil prices?" I luv this...it reinforces again they are NOT going to peg the dinar to the price of oil... Nonetheless this...tells us they know they must do something and do it soon!
8-30-2024 Intel Guru Frank26 I pray that this dream will come true for the both of us. It is very close. There's no doubt about it. All the indications are pointing that it's very close. I just hope we get some good news when Alaq [returns from] New York...
8-30-2024 Newshound Guru Enorrste If the dinar exchange rate is ever to rise in value, it will be based on the economic success and growth of Iraq's own economy. There are no shortcuts.
8-30-2024 Intel Guru MarkZ [via PDK] I have been told a 3 day weekend is easier to execute. In an ideal world they would flip the rates on a Saturday Night or Sunday morning and this would give them more time to prepare banking . It would just be easier to do it on a 3 day weekend for the biggest economies in the world.. At least that is how it was described to me... the anticipation for this weekend is at a feverish pitch right now!! We will see what happens. We should know by midday on Sunday.
8-30-2024 Newshound Guru Clare Article Continues "...adding that the process of raising three zeros does not only mean the value of the currency, but also the calculations and statistics...Removing three zeros from the currency, globally, requires two conditions: political stability and economic stability. When these two factors are available, countries resort to removing zeros from their currency, adding that the value is fixed and not affected. Rather, it is a relative change....The project to remove three zeros we worked on between 2011 and 2012, but there was a delay in the matter, because it requires a change in the accounts of the Republic of Iraq and statistics, and requires cooperation between monetary policy and all government policies." [Post 2 of 2]
8-30-2024 Newshound Guru Clare Article: " "Two conditions to achieve it" .. Al-Sudani's advisor rules out removing 3 zeros from the currency" Quote: "Salih, ruled out the government removing three zeros from the Iraqi currency at present, noting that achieving this requires two basic conditions...Explained that the three zeros added price and monetary inflation to the currency, starting with the Iran-Iraq war...generated inflation in the value of the currency. He pointed out that when prices rise, we need larger denominations of money to maintain the equivalence between price and money. For example, due to price inflation, 25 Iraqi dinars have become 25,000 dinars. Saleh pointed out the importance of reducing the calculations that have reached trillions in recent years..." [Post 1 of 2....stay tuned]
8-30-2024 Newshound Guru Militia Man Is there a rate sensitivity they're hiding at the moment? Is that possible? Of course it is... Why haven't they gone on the Forex?
8-30-2024 Intel Guru Wolverine [via Judy Byington] I’m absolutely excited. I wanted you to know it’s coming. It’s absolutely real.
8-30-2024 Newshound Guru Samson "Two conditions to achieve it" .. Al-Sudani's advisor rules out removing 3 zeros from the currency"
8-30-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Alaq in the United States of America means very little for us in the sense of a rate change. It is more for the banks to try to get their situation straightened out and no more sanctions. FRANK: I agree to a certain point but I also disagree to another point. IMO this meeting in New York may not release a new exchange rate but it is definitely part of the monetary reform. This meeting will accomplish steps that are necessary to release the new exchange rate. Your banks have to be stable and secure and free from the corruption of parliament and they must be ready for the new exchange rate. That's what they're doing.
8-30-2024 Newshound Guru Militia Man Article: "Al-Mashhadani announces the approval of the majority of deputies to his nomination for the post of Speaker of Parliament" Now it is waiting for a vote. Let’s see how long that takes...I do believe the optics of having all three presidents in place when they fully open the doors to the world with their real effective exchange rate, will or would be well accepted globally. Investors would likely see it as security and stability.
8-30-2024 Intel Guru MarkZ [via PDK] “Iraq’s Prime Minister Mohammad Shia Al Sudani chaired a meeting of the high committee for tax reform” So when they reviewed it they found there was a 22 % growth in tax revenues. This means the economic reforms they are working on are working . This one is really big news.
8-30-2024 Newshound/Intel Guru Mnt Goat Article: "GOVERNMENT ADVISOR EXPLAINS THE POSSIBILITY OF USING THE DINAR INSTEAD OF
THE DOLLAR IN OIL SALES" This is a...VERY good article in that it talks about the risks associated with pegging the dinar to oil prices...Instead they plan to repeg to a “basket” of international currencies from the top developed nations. This much less risky and is much more stable. Besides this is the Dr. Shabibi and IMF plan for Iraq. Article Quote: "Will it be a fixed exchange system supported by foreign reserves or will it be a flexible exchange system in which the (petrodinar) changes with the change in oil prices?" I luv this...it reinforces again they are NOT going to peg the dinar to the price of oil... Nonetheless this...tells us they know they must do something and do it soon!
8-29-2024 Newshound Guru Militia Man The Development Road Project is going forward whether you like it or not. Iraq is going International, they just haven't yet. They're not on the Forex but are they going to be there? I think they're going to be there...quite soon.
8-29-2024 Newshound Guru Clare Article: ”Dollar prices continue to decline against the dinar in Baghdad markets" Quote: "The selling prices in the exchange shops in the local markets in Baghdad recorded a decrease, as the selling price reached 149,750 dinars, while the purchase price reached 147,750 dinars for every 100 dollars"
8-29-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Bank friend talked to his boss and he says when you print new currency it raises your inflation. We have low inflation in Iraq. We don't want to raise it. We don't need any new zero notes. We have already spent over $50 million on printing new notes. FRANK: IMO those lower notes are so close to being given to the citizens of Iraq.
8-29-2024 Intel Guru MarkZ [via PDK] The chatter out of Iraq stays fantastic …we keep hearing stories about lower denominations in the streets but, people who are physically there say no - not yet…but that they are physically prepared for them...There has been a grinding juggernaut of progress in Iraq. Things do continue to move...
8-29-2024 Newshound Guru Kaperoni We have to hope that the Central Bank of Iraq continues to accept the guidance and directives from the IMF. Doing so would allow the currency to rise gradually over time as the economy grows.
8-29-2024 Newshound Guru Sandy Ingram ...Important reason the IQD is not on the Forex Market is that the Central Bank of Iraq has implemented certain restriction on the exchange and trading of the Iraqi dinar, making it less accessible for Forex Traders...Will the CBI change these restrictions and allow the IQD to be traded in the Forex market? [We] do not have an answer to this question. We hope so.
8-29-2024 Newshound Guru Militia Man Article: "...secure a sustainable water future, develop irrigation systems, and address the impact of climate change on rivers, 'without disclosing its financial cost'." Why in the world would they not disclose the financial cost? ...If they told you it was going to be at 1310, would they be telling the truth? Probably not...They're not willing to tell you what the value of the currency is...What is Iraq supposed to do by law, commercial business, in what? The dinar. They're not willing to tell you how much it's going to cost. I think that's a hint...Sustainable water for the future is most definitely going to be an issue.
8-29-2024 Intel Guru MarkZ [via PDK] The silence in the news is eerie…It definitely feels like the calm before the storm...I’m still praying August is our month. Most of what I am being told right now is to expect it anywhere from last Monday until September 4th- somewhere in there to see us actually with appointments…we will see...I think the quiet is purposeful.
8-29-2024 Newshound/Intel Guru Fnu Lnu ...Crazy rumor is that the Dinar will be constant or fixed "In Country", but will float for the rest of the world. This is not true. The species of note in country will be the smaller denomination ONLY. However, the species of note for the rest of the world will include the three zero notes which will bear the same exchange rate. The only difference is that it will be multiplied by the thousands. (Three Zeros) There will be NO LOP! It has been repeatedly stated that both species will co-exist for a period of ten years. Nothing has changed since I was told this 14 years ago. Why these rumors start to surface periodically, usually when the RV seems to be imminent, is a mystery to me.
8-29-2024 Intel Guru RayRen98 WE'RE BEING TOLD THAT "HALF" THE PROVINCES ARE NOW SEEING LOWER DENOMS...AND THE REST SHOULD BE COMPLETED BY FRIDAY EVENING.
8-29-2024 Newshound Guru Clare Article: "Central Bank of Iraq on 'unannounced' visit to America" Quote: "that a delegation from the Central Bank of Iraq, headed by the Governor of the Central Bank, Ali Al-Alaq, and a number of general managers, have been visiting the United States of America since the 26th of this month, to discuss developments in the banking sector and the restrictions on the use of the dollar imposed on a large number of private banks."
8-29-2024 Intel Guru Frank26 Why do you think Alaq is in New York? Dealing with banks that have sanctions on them...This week we have have some very interesting things to study...This trip removes red tape.
8-29-2024 Newshound Guru Militia Man How do you value a country? What's it based off of? Their resources, right? You got to do a collective analysis. You have to value it. There's been people as far back as 2003/2004 that worked on a feasibility study on the country of Iraq. One of those people was in Central Coast California. I know that for a fact because I wrote a letter to
the gentleman that wrote the feasibility study...We've been watching it ebb and flow ever since...I didn't get involved until about 2010...The IMF...198 page document that showed $3.22, I went, wow, that's what they potentially could reinstate at? I'm like wow. Okay, now it's time for me to pay attention. That's why I'm here.
8-29-2024 Intel Guru MarkZ [via PDK] We heard rumors it was happening Monday Night…than last night…now the rumors are for this weekend...
8-29-2024 Intel Guru Bruce [via WiserNow] ...the QFs system, at least for the redemption centers are connected, - that’s really good - and now we just need our emails to come into us and we can set appointments to start...the latest thing I have is that we would receive that by or before Friday. the 30th...if we don't get notified by and start exchanges on Friday, then it would go over the weekend...Anything is possible...it could actually get into September with the concept of the weekend being a Labor Day weekend... So we'll see what happens.
8-29-2024 Newshound Guru Clare Article: ”Dollar prices continue to decline against the dinar in Baghdad markets" Quote: "The selling prices in the exchange shops in the local markets in Baghdad recorded a decrease, as the selling price reached 149,750 dinars, while the purchase price reached 147,750 dinars for every 100 dollars"
8-29-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Bank friend talked to his boss and he says when you print new currency it raises your inflation. We have low inflation in Iraq. We don't want to raise it. We don't need any new zero notes. We have already spent over $50 million on printing new notes. FRANK: IMO those lower notes are so close to being given to the citizens of Iraq.
8-29-2024 Intel Guru MarkZ [via PDK] The chatter out of Iraq stays fantastic …we keep hearing stories about lower denominations in the streets but, people who are physically there say no - not yet…but that they are physically prepared for them...There has been a grinding juggernaut of progress in Iraq. Things do continue to move...
8-29-2024 Newshound Guru Kaperoni We have to hope that the Central Bank of Iraq continues to accept the guidance and directives from the IMF. Doing so would allow the currency to rise gradually over time as the economy grows.
8-29-2024 Newshound Guru Sandy Ingram ...Important reason the IQD is not on the Forex Market is that the Central Bank of Iraq has implemented certain restriction on the exchange and trading of the Iraqi dinar, making it less accessible for Forex Traders...Will the CBI change these restrictions and allow the IQD to be traded in the Forex market? [We] do not have an answer to this question. We hope so.
8-29-2024 Newshound Guru Militia Man Article: "...secure a sustainable water future, develop irrigation systems, and address the impact of climate change on rivers, 'without disclosing its financial cost'." Why in the world would they not disclose the financial cost? ...If they told you it was going to be at 1310, would they be telling the truth? Probably not...They're not willing to tell you what the value of the currency is...What is Iraq supposed to do by law, commercial business, in what? The dinar. They're not willing to tell you how much it's going to cost. I think that's a hint...Sustainable water for the future is most definitely going to be an issue.
8-29-2024 Intel Guru MarkZ [via PDK] The silence in the news is eerie…It definitely feels like the calm before the storm...I’m still praying August is our month. Most of what I am being told right now is to expect it anywhere from last Monday until September 4th- somewhere in there to see us actually with appointments…we will see...I think the quiet is purposeful.
8-29-2024 Newshound/Intel Guru Fnu Lnu ...Crazy rumor is that the Dinar will be constant or fixed "In Country", but will float for the rest of the world. This is not true. The species of note in country will be the smaller denomination ONLY. However, the species of note for the rest of the world will include the three zero notes which will bear the same exchange rate. The only difference is that it will be multiplied by the thousands. (Three Zeros) There will be NO LOP! It has been repeatedly stated that both species will co-exist for a period of ten years. Nothing has changed since I was told this 14 years ago. Why these rumors start to surface periodically, usually when the RV seems to be imminent, is a mystery to me.
8-29-2024 Intel Guru RayRen98 WE'RE BEING TOLD THAT "HALF" THE PROVINCES ARE NOW SEEING LOWER DENOMS...AND THE REST SHOULD BE COMPLETED BY FRIDAY EVENING.
8-29-2024 Newshound Guru Clare Article: "Central Bank of Iraq on 'unannounced' visit to America" Quote: "that a delegation from the Central Bank of Iraq, headed by the Governor of the Central Bank, Ali Al-Alaq, and a number of general managers, have been visiting the United States of America since the 26th of this month, to discuss developments in the banking sector and the restrictions on the use of the dollar imposed on a large number of private banks."
8-29-2024 Intel Guru Frank26 Why do you think Alaq is in New York? Dealing with banks that have sanctions on them...This week we have have some very interesting things to study...This trip removes red tape.
8-29-2024 Newshound Guru Militia Man How do you value a country? What's it based off of? Their resources, right? You got to do a collective analysis. You have to value it. There's been people as far back as 2003/2004 that worked on a feasibility study on the country of Iraq. One of those people was in Central Coast California. I know that for a fact because I wrote a letter to
the gentleman that wrote the feasibility study...We've been watching it ebb and flow ever since...I didn't get involved until about 2010...The IMF...198 page document that showed $3.22, I went, wow, that's what they potentially could reinstate at? I'm like wow. Okay, now it's time for me to pay attention. That's why I'm here.
8-29-2024 Intel Guru MarkZ [via PDK] We heard rumors it was happening Monday Night…than last night…now the rumors are for this weekend...
8-29-2024 Intel Guru Bruce [via WiserNow] ...the QFs system, at least for the redemption centers are connected, - that’s really good - and now we just need our emails to come into us and we can set appointments to start...the latest thing I have is that we would receive that by or before Friday. the 30th...if we don't get notified by and start exchanges on Friday, then it would go over the weekend...Anything is possible...it could actually get into September with the concept of the weekend being a Labor Day weekend... So we'll see what happens.
8-28-2024 Newshound Guru Militia Man There's consequences if you don't play by the rules. Nothing wrong with playing by the rules. I suggest you do that. If you make a whole bunch of money and you have taxes, pay them. I'm looking forward to paying my taxes...catching up...I don't know how many of you folks got hit by 2008. I'm telling you I know I did...Be cautious...Get professional advice...Get sound advice.
8-28-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They tell us no matter what the dinar is stable and it is strong. FRANK: A program rate is not stable or strong...It's completely worthless. It's not strong. It's not stable. What are they telling the citizens? FIREFLY: New changes once they are implemented and take hold it will be a backbone of security for our economy and our banking system. FRANK: That's why Alaq is in New York right now. Security and stability being established for the monetary reform...What are they trying to tell you? That you have a new exchange rate...lower notes coming to you. None of this is going to work at a program rate. It can only work with the new exchange rate to add purchasing power...
8-28-2024 Newshound/Intel Guru Fnu Lnu Contract Rates all happened many years ago when private buyers contracted to buy Dinar at a specified rate, per contract. It was not an exchange. It was a private sale. Those all closed many years ago and there are NO MORE contracted rates...PERIOD! I hope this clears the air...
8-28-2024 Newshound Guru Kaperoni Article: "Government advisor explains the possibility of using the dinar instead of the dollar in oil sales" Interesting quote from Salih in that article... Quote: "The strength and stability of the Iraqi dinar will remain linked to the factors of real growth and diversity in the national economy,"
8-28-2024 Intel Guru MarkZ [via PDK] A lot of people calling for it to start within 24 hours. There is a whole lot of chatter with groups who are expecting money movement at any moment or over the weekend. The rumors out of the groups are everybody will be working this weekend. Group leaders are all charged up and ready...we hear Al Alaq (Governor of the CBI) is to go from New York to DC today. We are hopeful it means something…. Comment: Slowly, Slowly, SUDDENLY. MarkZ: I think we are finally at the suddenly part.
8-28-2024 Newshound Guru Militia Man There's no inflation so there's not going to be a lop...They're going to add value to their currency. Why? Because they have valuation.
8-28-2024 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] Question: You're asking us why we are not talking to you about these [lower note] commercials. Can you tell us more about them? AKI: Yes, they are coming out. This is the media campaign we told you about. It's getting faster and faster and louder and louder. The purpose is to show the citizens the new lower notes and more information. These commercials are coming out at any time now...Nothing is in the way to block this next step. It is a massive media campaign. [Reference Walkingstick's post from 8-27-2024 below]
8-28-2024 Newshound Guru Clare Article: "Al-Sudani to Al-Sisi: Iraq is capable of being a meeting place for the countries of the region"
8-28-24 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy [Iraqi bank manager friend] said the CBI wants the entire deletion of the 3 zero project to go smooth and have very little impact on the citizens...That's why the whole thing is going digital. This way the CBI can switch out currencies so easily... FRANK: Brilliant Sudani! Brilliant Alaq! Brilliant Dr. Shabibi wherever you may be, Rest In Peace. FIREFLY: It's going to be automated and the citizens won't even feel it when they switch over to the new exchange rate. 'They won't even feel it' is the words from Saleh. Saleh also say the solution coming will lower the dollar exchange rate.
8-28-2024 Newshound Guru Militia Man Iraq has some of the largest deposits of phosphates and sulfur...massive world class gold supply...rare Earths...liquid natural gas and they have...tourism... They all generate income... The Development Road Project...you're going to find taxes and tariffs at the borders. There's going to be a lot of revenue, a lot...Back in Saddam Hussein era [the dinar] was around $3.22. It may have been considered a little bit overpriced, should have been more about $2.80...It's at 1310 right now! There's a big difference. Now you have to add all those things I just mentioned. The valuation of a country. That's what they have to do... Sudani wasn't lying when he said the dinar is going to be stronger than the dollar...
8-28-2024 Intel Guru MarkZ [via PDK] Comment: Wealth manager sent out memo saying the dinar is a scam. MarkZ: Well if it is a scam - Trump invested in it, Warren Buffet invested in it…the US treasury has invested in it. I believe even George Soros has invested in it…and almost every central bank around the world has invested in it. So if it is a scam…well, all the smartest people in the world fell for it.
8-28-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They tell us no matter what the dinar is stable and it is strong. FRANK: A program rate is not stable or strong...It's completely worthless. It's not strong. It's not stable. What are they telling the citizens? FIREFLY: New changes once they are implemented and take hold it will be a backbone of security for our economy and our banking system. FRANK: That's why Alaq is in New York right now. Security and stability being established for the monetary reform...What are they trying to tell you? That you have a new exchange rate...lower notes coming to you. None of this is going to work at a program rate. It can only work with the new exchange rate to add purchasing power...
8-28-2024 Newshound/Intel Guru Fnu Lnu Contract Rates all happened many years ago when private buyers contracted to buy Dinar at a specified rate, per contract. It was not an exchange. It was a private sale. Those all closed many years ago and there are NO MORE contracted rates...PERIOD! I hope this clears the air...
8-28-2024 Newshound Guru Kaperoni Article: "Government advisor explains the possibility of using the dinar instead of the dollar in oil sales" Interesting quote from Salih in that article... Quote: "The strength and stability of the Iraqi dinar will remain linked to the factors of real growth and diversity in the national economy,"
8-28-2024 Intel Guru MarkZ [via PDK] A lot of people calling for it to start within 24 hours. There is a whole lot of chatter with groups who are expecting money movement at any moment or over the weekend. The rumors out of the groups are everybody will be working this weekend. Group leaders are all charged up and ready...we hear Al Alaq (Governor of the CBI) is to go from New York to DC today. We are hopeful it means something…. Comment: Slowly, Slowly, SUDDENLY. MarkZ: I think we are finally at the suddenly part.
8-28-2024 Newshound Guru Militia Man There's no inflation so there's not going to be a lop...They're going to add value to their currency. Why? Because they have valuation.
8-28-2024 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] Question: You're asking us why we are not talking to you about these [lower note] commercials. Can you tell us more about them? AKI: Yes, they are coming out. This is the media campaign we told you about. It's getting faster and faster and louder and louder. The purpose is to show the citizens the new lower notes and more information. These commercials are coming out at any time now...Nothing is in the way to block this next step. It is a massive media campaign. [Reference Walkingstick's post from 8-27-2024 below]
8-28-2024 Newshound Guru Clare Article: "Al-Sudani to Al-Sisi: Iraq is capable of being a meeting place for the countries of the region"
8-28-24 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy [Iraqi bank manager friend] said the CBI wants the entire deletion of the 3 zero project to go smooth and have very little impact on the citizens...That's why the whole thing is going digital. This way the CBI can switch out currencies so easily... FRANK: Brilliant Sudani! Brilliant Alaq! Brilliant Dr. Shabibi wherever you may be, Rest In Peace. FIREFLY: It's going to be automated and the citizens won't even feel it when they switch over to the new exchange rate. 'They won't even feel it' is the words from Saleh. Saleh also say the solution coming will lower the dollar exchange rate.
8-28-2024 Newshound Guru Militia Man Iraq has some of the largest deposits of phosphates and sulfur...massive world class gold supply...rare Earths...liquid natural gas and they have...tourism... They all generate income... The Development Road Project...you're going to find taxes and tariffs at the borders. There's going to be a lot of revenue, a lot...Back in Saddam Hussein era [the dinar] was around $3.22. It may have been considered a little bit overpriced, should have been more about $2.80...It's at 1310 right now! There's a big difference. Now you have to add all those things I just mentioned. The valuation of a country. That's what they have to do... Sudani wasn't lying when he said the dinar is going to be stronger than the dollar...
8-28-2024 Intel Guru MarkZ [via PDK] Comment: Wealth manager sent out memo saying the dinar is a scam. MarkZ: Well if it is a scam - Trump invested in it, Warren Buffet invested in it…the US treasury has invested in it. I believe even George Soros has invested in it…and almost every central bank around the world has invested in it. So if it is a scam…well, all the smartest people in the world fell for it.
8-27-2024 Intel Guru RayRen98 REPORTEDLY, THE "U.N."-RELATED DELAY HAS BEEN RESOLVED. SOME 3 LTRS ARE SAYING "LOOK TO THE AM" FOR SOME EXCITING REALIZATIONS.
8-27-2024 Newshound Guru Militia Man Obviously the budget is going to need to have an exposure of an exchange rate. After all these months, 8 months, 9 months, 10 months, why haven't they gone international at 1310? Why haven't they been put on the Forex at 1310 so they can...pay for all the roads, pavement, buildings, schools and try to find investors to physically come in with not a freedom of capital movement? I don't think they're ever going to be able to do that without having a Real Effective Exchange Rate.
8-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Not seeing anything about the lower notes but...Saleh was on TV talking about how hard it is to stabilize a currency saying many things go into this and said the dinar is stable now and secure...He is opening up more to us on the progress of the monetary reform... FRANK: They give you all this monetary reform education because they are about to give you your purchasing power from it. If the purchasing power was not coming to you they would never have promised it to you in their speeches and you wouldn't be seeing your country exploding the way it is right now.
8-27-2024 Intel Guru MarkZ [via PDK] I am not hearing we are waiting until after the election.
8-27-2024 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] New York is to remove the red tape that the United Nations is still holding on the banks of Iraq that are not participating in the monetary reform. These sanctioned banks may stay sanctioned or be shut down completely. It really doesn't matter to the monetary reform process but this is something that is needed to be done.
8-27-2024 Newshound Guru Breitling I went from I believe in this 100% to I'm on the fence. I still think it's going to happen but these guys need to watch their shit because we're not screwing around. Do you understand how big these moves are that we've made? ...We're financially containing our enemies in the Middle East and doing our best to help our friends flourish in the same region. That's a tough juggle...We're going to penalize Iraq...I haven't jumped ship yet...
8-27-2024 Newshound/Intel Guru Fnu Lnu With the RV drawing near, the crazies are coming out of the woodwork...First of all, The redemption centers ARE the same as the banks. They are merely off premises due to an expected increase in traffic. They are not separate entities. Secondly..."The Law of One Price"...states an instrument cannot be sold in different markets at different prices. In other words, the "redemption Centers" (banks) are NOT going to offer you an exchange rate three times what the "Banks" give you. IT IS ILLEGAL! The rate will be the rate no matter where you go. The only thing that may differ is the percentage of the fee. This fee is usually 2% but that isn't etched in stone.
8-27-2024 Intel Guru RayRen98 ...MORE US BANK STAFFERS ARE REPORTING SIGNING "NDA'S" ARE CLAMMING UP... ANOTHER PROVINCE HAS BEEN REPORTED HAVING "LOWER DENOMS" BEING DISTRIBUTED IN SOME MANNER, AWAITING FURTHER COMPLETE DETAILS, IF ANY....IF WHAT THEY'RE TELLING ME IS TRUE...SOME OF YOU ARE GONNA GO TO SLEEP WEALTHY $$$$$$...IT'S YOUR SEASON....TO BE BLESSED!!
8-27-2024 Newshound Guru Militia Man Article "Iraq is the 9th largest buyer of gold in 2024" If they clawed back enough money to help buy 100 tons of gold, man, there's been some heavy, heavy corruption. I'm assuming their recent income from non-oil revenues has had something to do with it as well.
8-27-2024 Intel Guru MarkZ [via PDK] I am certainly hearing we are just waiting for the switch to be pulled….and this is going to be an amazing week and we are going to see great things...Rumors are bouncing all over…even with the groups...but substantial news is a little slim…. From the group leaders there are tons of rumors about the immediacy of this thing. Including the rumors that money is positioned and they will start doing smaller groups as early as today. ...But until we can substantiate them…right now…it’s all just rumors...We will wait to see what happens before we get to excited. Things are certainly heating up.
8-27-2024 Newshound Guru Samson Article: " 'Theft of the Century' Draws Transparency International to Baghdad"
8-27-2024 Intel Guru Frank26 Article: "Is Iraq headed toward printing new currency?" One of the executive levels of Iraqi Bank told us, don't pay attention to this. It doesn't make any sense...We spent over $50 million printing the lower notes. We're not printing. When a country has high inflation, you print more currency, you add more zeros. Our inflation is 1%, maybe less than 1%. We already printed the currency we want, the lower notes.
8-27-2024 Newshound/Intel Guru Walkingstick [Iraqi bank manager in Dearborn Michigan update] Aki talks to the CBI and he knows what's going on. He was very surprised we have not asked him about the pictures that are being shown on [Iraqi] television of the lower notes... [We] trust Aki very much. Every time Aki shares something...it comes out.
8-27-2024 Newshound Guru Militia Man Pay attention to what goes on in New York City in the next 24 to 48 hours...
8-27-2024 Newshound/Intel Guru Mnt Goat Article: “IS IT TIME TO REMOVE THE ZEROS?” Article Quote: "...with the use of electronic payment operations, the environment will be mature and acceptable for the idea of implementing the decision to delete zeros, and the process will be automatic without the citizen feeling it.” ...the CBI wants this event to be almost transparent and smooth to the citizens...the solution is to digitize, then this will enable them to switch out the currency almost seamless to the citizens...They must implement the digitization program first in ALL banks... Iraq is optimistic in getting the electronic initiative completed sooner than later. They are not talking about years.
8-27-2024 Intel Guru MarkZ [via PDK] Question: wouldn't it be beneficial for Iraq to revalue sooner than later especially since what a 23 24 25 budget has been passed but yet we're nearly into 25 and there's nothing that's benefiting them? MarkZ: it would be beneficial for them to revalue sooner. I can tell you that they want to.
8-27-2024 Newshound Guru Militia Man Obviously the budget is going to need to have an exposure of an exchange rate. After all these months, 8 months, 9 months, 10 months, why haven't they gone international at 1310? Why haven't they been put on the Forex at 1310 so they can...pay for all the roads, pavement, buildings, schools and try to find investors to physically come in with not a freedom of capital movement? I don't think they're ever going to be able to do that without having a Real Effective Exchange Rate.
8-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Not seeing anything about the lower notes but...Saleh was on TV talking about how hard it is to stabilize a currency saying many things go into this and said the dinar is stable now and secure...He is opening up more to us on the progress of the monetary reform... FRANK: They give you all this monetary reform education because they are about to give you your purchasing power from it. If the purchasing power was not coming to you they would never have promised it to you in their speeches and you wouldn't be seeing your country exploding the way it is right now.
8-27-2024 Intel Guru MarkZ [via PDK] I am not hearing we are waiting until after the election.
8-27-2024 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki update] New York is to remove the red tape that the United Nations is still holding on the banks of Iraq that are not participating in the monetary reform. These sanctioned banks may stay sanctioned or be shut down completely. It really doesn't matter to the monetary reform process but this is something that is needed to be done.
8-27-2024 Newshound Guru Breitling I went from I believe in this 100% to I'm on the fence. I still think it's going to happen but these guys need to watch their shit because we're not screwing around. Do you understand how big these moves are that we've made? ...We're financially containing our enemies in the Middle East and doing our best to help our friends flourish in the same region. That's a tough juggle...We're going to penalize Iraq...I haven't jumped ship yet...
8-27-2024 Newshound/Intel Guru Fnu Lnu With the RV drawing near, the crazies are coming out of the woodwork...First of all, The redemption centers ARE the same as the banks. They are merely off premises due to an expected increase in traffic. They are not separate entities. Secondly..."The Law of One Price"...states an instrument cannot be sold in different markets at different prices. In other words, the "redemption Centers" (banks) are NOT going to offer you an exchange rate three times what the "Banks" give you. IT IS ILLEGAL! The rate will be the rate no matter where you go. The only thing that may differ is the percentage of the fee. This fee is usually 2% but that isn't etched in stone.
8-27-2024 Intel Guru RayRen98 ...MORE US BANK STAFFERS ARE REPORTING SIGNING "NDA'S" ARE CLAMMING UP... ANOTHER PROVINCE HAS BEEN REPORTED HAVING "LOWER DENOMS" BEING DISTRIBUTED IN SOME MANNER, AWAITING FURTHER COMPLETE DETAILS, IF ANY....IF WHAT THEY'RE TELLING ME IS TRUE...SOME OF YOU ARE GONNA GO TO SLEEP WEALTHY $$$$$$...IT'S YOUR SEASON....TO BE BLESSED!!
8-27-2024 Newshound Guru Militia Man Article "Iraq is the 9th largest buyer of gold in 2024" If they clawed back enough money to help buy 100 tons of gold, man, there's been some heavy, heavy corruption. I'm assuming their recent income from non-oil revenues has had something to do with it as well.
8-27-2024 Intel Guru MarkZ [via PDK] I am certainly hearing we are just waiting for the switch to be pulled….and this is going to be an amazing week and we are going to see great things...Rumors are bouncing all over…even with the groups...but substantial news is a little slim…. From the group leaders there are tons of rumors about the immediacy of this thing. Including the rumors that money is positioned and they will start doing smaller groups as early as today. ...But until we can substantiate them…right now…it’s all just rumors...We will wait to see what happens before we get to excited. Things are certainly heating up.
8-27-2024 Newshound Guru Samson Article: " 'Theft of the Century' Draws Transparency International to Baghdad"
8-27-2024 Intel Guru Frank26 Article: "Is Iraq headed toward printing new currency?" One of the executive levels of Iraqi Bank told us, don't pay attention to this. It doesn't make any sense...We spent over $50 million printing the lower notes. We're not printing. When a country has high inflation, you print more currency, you add more zeros. Our inflation is 1%, maybe less than 1%. We already printed the currency we want, the lower notes.
8-27-2024 Newshound/Intel Guru Walkingstick [Iraqi bank manager in Dearborn Michigan update] Aki talks to the CBI and he knows what's going on. He was very surprised we have not asked him about the pictures that are being shown on [Iraqi] television of the lower notes... [We] trust Aki very much. Every time Aki shares something...it comes out.
8-27-2024 Newshound Guru Militia Man Pay attention to what goes on in New York City in the next 24 to 48 hours...
8-27-2024 Newshound/Intel Guru Mnt Goat Article: “IS IT TIME TO REMOVE THE ZEROS?” Article Quote: "...with the use of electronic payment operations, the environment will be mature and acceptable for the idea of implementing the decision to delete zeros, and the process will be automatic without the citizen feeling it.” ...the CBI wants this event to be almost transparent and smooth to the citizens...the solution is to digitize, then this will enable them to switch out the currency almost seamless to the citizens...They must implement the digitization program first in ALL banks... Iraq is optimistic in getting the electronic initiative completed sooner than later. They are not talking about years.
8-27-2024 Intel Guru MarkZ [via PDK] Question: wouldn't it be beneficial for Iraq to revalue sooner than later especially since what a 23 24 25 budget has been passed but yet we're nearly into 25 and there's nothing that's benefiting them? MarkZ: it would be beneficial for them to revalue sooner. I can tell you that they want to.
8-26-2024 Newshound Guru Militia Man Article: "Iraq is the 9th largest buyer of gold in 2024" They had 132 tons in 2023. In 2024 they're telling you they just bought 100 tons of gold this year. Where did they get all the money for that? ...All of a sudden they have enough money to buy at...$2,500 an ounce? 100 tons? You gotta go, what!?! What does it do? ...What it does is it supports the value of their future real effective exchange rate...
8-26-2024 Newshound Guru Clare Article: "To resolve the issue of banks “deprived of the dollar.” Al-Alaq will return to Washington soon"
8-26-2024 Newshound Guru Samson "Economist indicates 'solution' 'will lower' dollar exchange rate"
8-26-2024 Intel Guru Frank26 The new lower notes and the new exchange rate will revolutionize the whole Middle East, let alone the whole world...The monetary reform is the linchpin. It's the trigger. It's the button that will be pushed to change financial structures around the world...We investors of the dinar have a backup for a backup in order to survive this global financial change...
8-26-2024 Newshound Guru Kaperoni Article 1: "Is it time to remove the zeros?" Article 2: "Is Iraq heading towards printing new paper currency?" These articles discuss a LOP...Iraq is converting to digital currency over time removing the paper money.
8-26-2024 Intel Guru RayRen98 [via Twitter/X] ...Verified lower denom locations...Province 8 Baghdad, Province 11 Najaf, AND possibly Province 1 Duhok up near Turkey. [Reference RayRen98 post 8-25-2024 below]
8-26-2024 Guru Nader From The Mid East Community comment: "Iraq is not a safe country." Why? United States a safe country? When you look at Chicago, Philadelphia, New York and all that you think it's safe? Fear. Everywhere it's bad and good are everywhere...Tell you the truth it's safer in Iraq than Chicago. Visit the country and then judge. You cannot judge because you heard something on the news or somebody told you something. I was there two weeks ago. I've been going back and forth. My kids been going back and forth. Everybody's been happy.
8-26-2024 Intel Guru MarkZ [via PDK] We have Al Alag (Governor of the CBI) in New York right now…he arrived overnight in New York…I hear from contacts at the Treasury that after meeting with financial people all week…the rumor is he will have a short diversion to DC mid week... So we have a delegation from the Central Bank of Iraq over here including the Governor of the CBI. I cannot imagine they came all this way to only discuss the 4 or 5 banks the Fed has an issue with as they clean up corruption. IMO there is something bigger going on. The whole world needs this... I think its good news for us that they are here.
8-26-2024 Newshound Guru Militia Man Article quote: "At this time there is no acute problem regarding cash liquidity" There's no need to print new currency...They've yet to do anything different. They spent about $50 million in printing currency and it wasn't triple zero notes. There's no reason for it. You can't spend $50 million while you're burning up money to print new ones, especially if they were perfectly good.
8-26-2024 Newshound Guru Clare Article: ”More than 100 tons.. Iraq is the ninth largest buyer of gold in 2024" Quote: "Iraq bought 100 tons of gold this year, coming in ninth out of the top 10 countries buying gold this year...as interest in buying gold is growing amid rising geopolitical tensions and economic fluctuations...The precious metal hit an all-time high of $2,531.75 an ounce after breaking above $2,500...amid growing expectations that the Federal Reserve is close to cutting interest rates."
8-26-2024 Newshound Guru Samson Article: "To resolve the issue of banks "deprived of the dollar"... Al-Alaq to Washington soon"
8-26-2024 Intel Guru Frank26 Right now 1 dinar is not even one [U.S.] penny. It's like 9/10 of a penny but soon 1 dinar will be equal to at least $1.00. Did I say it will paired? No...It will be equal to at least, they told you, $1.00. I got a feeling it might be $1.30 because they kept the exchange rate at 1310. Let's see what happens...In country at least $1.00 in value, not 1 penny in value, will give you [Iraqi citizens] purchasing power...It's different for you [The rest of the world]...you're going to watch the float...
8-26-2024 Newshound Guru Militia Man The United States is going to say we're ready to go. We're not playing games anymore...we're going to do it our way. Iraq either you're on board or you're not on board...No wonder those guys are barking...because the parallel markets are going to go away and fast. They know what they need to do. Change the value of their currency and no one's going to want their [black market] USD. They're going to know the Iraqi dinar is going to be powerful just like Sudani said...
8-26-2024 Intel Guru MarkZ [via PDK] “Iraq moves to profit sharing and new oil contracts” This is a few days old but they are changing how they work their strategic partnerships. They are distributing pieces and parts from ongoing revenue from oil – if you invest on those projects. This means they are looking for very long term investments both in and outside the country. This points toward long term stability. I was told this is an important leg for the RV. They will become a regional powerhouse and influencer.
8-26-2024 Intel Guru Bruce [via WiserNow] we heard about a couple of things regarding rates. I mentioned...that the contract rate on the dinar would be offered to you...it is just under hundo right now, and it's on its way to that number should be there by the time we go in for changes...And really, we've seen increases in the Dong as well...You guys are going to be very happy at the redemption centers with the rates...the screen rates at the redemption centers are going to be three times higher than the bank rate on the dinar and what you get on the dong will be approximately twice as much per dong at the redemption center as it would be at the bank...I know that for a fact, because we've been seeing what the rates are...
8-26-2024 Newshound Guru Clare Article: "To resolve the issue of banks “deprived of the dollar.” Al-Alaq will return to Washington soon"
8-26-2024 Newshound Guru Samson "Economist indicates 'solution' 'will lower' dollar exchange rate"
8-26-2024 Intel Guru Frank26 The new lower notes and the new exchange rate will revolutionize the whole Middle East, let alone the whole world...The monetary reform is the linchpin. It's the trigger. It's the button that will be pushed to change financial structures around the world...We investors of the dinar have a backup for a backup in order to survive this global financial change...
8-26-2024 Newshound Guru Kaperoni Article 1: "Is it time to remove the zeros?" Article 2: "Is Iraq heading towards printing new paper currency?" These articles discuss a LOP...Iraq is converting to digital currency over time removing the paper money.
8-26-2024 Intel Guru RayRen98 [via Twitter/X] ...Verified lower denom locations...Province 8 Baghdad, Province 11 Najaf, AND possibly Province 1 Duhok up near Turkey. [Reference RayRen98 post 8-25-2024 below]
8-26-2024 Guru Nader From The Mid East Community comment: "Iraq is not a safe country." Why? United States a safe country? When you look at Chicago, Philadelphia, New York and all that you think it's safe? Fear. Everywhere it's bad and good are everywhere...Tell you the truth it's safer in Iraq than Chicago. Visit the country and then judge. You cannot judge because you heard something on the news or somebody told you something. I was there two weeks ago. I've been going back and forth. My kids been going back and forth. Everybody's been happy.
8-26-2024 Intel Guru MarkZ [via PDK] We have Al Alag (Governor of the CBI) in New York right now…he arrived overnight in New York…I hear from contacts at the Treasury that after meeting with financial people all week…the rumor is he will have a short diversion to DC mid week... So we have a delegation from the Central Bank of Iraq over here including the Governor of the CBI. I cannot imagine they came all this way to only discuss the 4 or 5 banks the Fed has an issue with as they clean up corruption. IMO there is something bigger going on. The whole world needs this... I think its good news for us that they are here.
8-26-2024 Newshound Guru Militia Man Article quote: "At this time there is no acute problem regarding cash liquidity" There's no need to print new currency...They've yet to do anything different. They spent about $50 million in printing currency and it wasn't triple zero notes. There's no reason for it. You can't spend $50 million while you're burning up money to print new ones, especially if they were perfectly good.
8-26-2024 Newshound Guru Clare Article: ”More than 100 tons.. Iraq is the ninth largest buyer of gold in 2024" Quote: "Iraq bought 100 tons of gold this year, coming in ninth out of the top 10 countries buying gold this year...as interest in buying gold is growing amid rising geopolitical tensions and economic fluctuations...The precious metal hit an all-time high of $2,531.75 an ounce after breaking above $2,500...amid growing expectations that the Federal Reserve is close to cutting interest rates."
8-26-2024 Newshound Guru Samson Article: "To resolve the issue of banks "deprived of the dollar"... Al-Alaq to Washington soon"
8-26-2024 Intel Guru Frank26 Right now 1 dinar is not even one [U.S.] penny. It's like 9/10 of a penny but soon 1 dinar will be equal to at least $1.00. Did I say it will paired? No...It will be equal to at least, they told you, $1.00. I got a feeling it might be $1.30 because they kept the exchange rate at 1310. Let's see what happens...In country at least $1.00 in value, not 1 penny in value, will give you [Iraqi citizens] purchasing power...It's different for you [The rest of the world]...you're going to watch the float...
8-26-2024 Newshound Guru Militia Man The United States is going to say we're ready to go. We're not playing games anymore...we're going to do it our way. Iraq either you're on board or you're not on board...No wonder those guys are barking...because the parallel markets are going to go away and fast. They know what they need to do. Change the value of their currency and no one's going to want their [black market] USD. They're going to know the Iraqi dinar is going to be powerful just like Sudani said...
8-26-2024 Intel Guru MarkZ [via PDK] “Iraq moves to profit sharing and new oil contracts” This is a few days old but they are changing how they work their strategic partnerships. They are distributing pieces and parts from ongoing revenue from oil – if you invest on those projects. This means they are looking for very long term investments both in and outside the country. This points toward long term stability. I was told this is an important leg for the RV. They will become a regional powerhouse and influencer.
8-26-2024 Intel Guru Bruce [via WiserNow] we heard about a couple of things regarding rates. I mentioned...that the contract rate on the dinar would be offered to you...it is just under hundo right now, and it's on its way to that number should be there by the time we go in for changes...And really, we've seen increases in the Dong as well...You guys are going to be very happy at the redemption centers with the rates...the screen rates at the redemption centers are going to be three times higher than the bank rate on the dinar and what you get on the dong will be approximately twice as much per dong at the redemption center as it would be at the bank...I know that for a fact, because we've been seeing what the rates are...
8-25-2024 Newshound Guru Militia Man Why would the United States of America allowed Alaq, the Central Bank Governor [to come] unannounced? Probably because they had a good reason to allow that. Why are they having him back in such a short period of time? Because there's a component of time that they needs things done and they're doing that.
8-25-2024 Intel Guru Frank26 Everything we're seeing is pointing to one thing only. Do you think everything we've seeing is pointing to, stop the monetary reform? No. Do you think everything we're seeing is...let's do a lop? No. Do you think everything we're seeing is a lie...We're not going to give you purchasing power...It's an optical illusion? No. Everything we're seeing is pointing in just one direction, for the monetary reform to release the lower notes and give a new exchange rate in order for the citizens of Iraq to have purchasing power but more so in order for the HCL...payments...budget to work.
8-25-2024 Newshound Guru Clare Article Quote: "An economic expert indicates a 'solution' that will 'reduce' the dollar exchange rate" Quote: "the parallel market needs to be dismantled in order for the exchange rate to decrease."
8-25-2024 Newshound/Intel Guru Walkingstick They have been educating the Iraqi citizens all year on what the monetary reform mechanism is about to do to their currency. It's going to add purchasing power to their currency. This time around with the United States Treasury there, they're paying close attention that they will add the purchasing power to the citizens of Iraq...They're telling them in the coming days which simply means, now, quickly.
8-25-2024 Newshound Guru Breitling Inflation is the money supply versus how the market is reacting. That's all it is...It's the money supply and how is it working with the people that are spending it. Do they have access to it? Is it not moving? Is there not enough money? Is there too much money? It's always going to be the money supply.
8-25-2024 Newshound Guru Militia Man Article: "Alaq's upcoming visit to New York supports banking system stability." People ask me why isn't he going to Washington? What's in New York? New York is part of the United States banking system, United States Federal Reserve Bank is in New York. Where is the account for Iraq's oil money? ...It's not in Washington D.C. It's not at the White House. It's definitely in New York isn't it.
8-25-2024 Intel Guru Frank26 Article: "Iraq and America to resume negotiations on the banking sector next Monday" ALAQ'S VISIT IS ON IRAQI BANKS... IRAQI BANKS ONLY CARE ABOUT A NEW EXCHANGE RATE.
8-25-2024 Intel Guru RayRen98 [via Twitter/X] Community Comment: Just informed that lower denoms are being released to the streets right now. ...It’s on the way
8-25-2024 Newshound Guru Clare Article: "Iraq and America to resume negotiations on the banking sector next Monday" Quote: "An informed source told Al-Eqtisad News that a delegation from the Central Bank of Iraq will begin negotiations with the American side on August 26 in America."
8-25-2024 Newshound Guru Jeff Article: "Iraq and America resume negotiations on banking sector next Monday"
8-25-2024 Newshound Guru Militia Man They're making nothing but money off their oil, but they're also making nothing but money off their non-oil revenue streams. Now it's a totally different ball game. Back in the old days Iraq's valuation of $3.22 was based off oil. It wasn't on phosphates...sulfur...liquid natural gas...tax revenues...tourism. None of those. Add all that in now into the exchange rate gives some support doesn't it. You start thinking about it, wait a second, so why would you come back out at $3.22 again? Good question. Will they? Don't know. Is it likely they will? I don't know. Why would it be any less than that?
8-25-2024 Intel Guru MarkZ [via PDK] Question: Is the US still holding up the RV and Iraq? MarkZ: I don’t think so….I think the US is desperate for money…
8-25-2024 Intel Guru Bruce [via WiserNow] ...it looks like our start for notification and exchanges could start over the weekend...It could defer to Monday, with exchanges starting either Monday or Tuesday. That's very possible.
8-25-2024 Intel Guru Frank26 Everything we're seeing is pointing to one thing only. Do you think everything we've seeing is pointing to, stop the monetary reform? No. Do you think everything we're seeing is...let's do a lop? No. Do you think everything we're seeing is a lie...We're not going to give you purchasing power...It's an optical illusion? No. Everything we're seeing is pointing in just one direction, for the monetary reform to release the lower notes and give a new exchange rate in order for the citizens of Iraq to have purchasing power but more so in order for the HCL...payments...budget to work.
8-25-2024 Newshound Guru Clare Article Quote: "An economic expert indicates a 'solution' that will 'reduce' the dollar exchange rate" Quote: "the parallel market needs to be dismantled in order for the exchange rate to decrease."
8-25-2024 Newshound/Intel Guru Walkingstick They have been educating the Iraqi citizens all year on what the monetary reform mechanism is about to do to their currency. It's going to add purchasing power to their currency. This time around with the United States Treasury there, they're paying close attention that they will add the purchasing power to the citizens of Iraq...They're telling them in the coming days which simply means, now, quickly.
8-25-2024 Newshound Guru Breitling Inflation is the money supply versus how the market is reacting. That's all it is...It's the money supply and how is it working with the people that are spending it. Do they have access to it? Is it not moving? Is there not enough money? Is there too much money? It's always going to be the money supply.
8-25-2024 Newshound Guru Militia Man Article: "Alaq's upcoming visit to New York supports banking system stability." People ask me why isn't he going to Washington? What's in New York? New York is part of the United States banking system, United States Federal Reserve Bank is in New York. Where is the account for Iraq's oil money? ...It's not in Washington D.C. It's not at the White House. It's definitely in New York isn't it.
8-25-2024 Intel Guru Frank26 Article: "Iraq and America to resume negotiations on the banking sector next Monday" ALAQ'S VISIT IS ON IRAQI BANKS... IRAQI BANKS ONLY CARE ABOUT A NEW EXCHANGE RATE.
8-25-2024 Intel Guru RayRen98 [via Twitter/X] Community Comment: Just informed that lower denoms are being released to the streets right now. ...It’s on the way
8-25-2024 Newshound Guru Clare Article: "Iraq and America to resume negotiations on the banking sector next Monday" Quote: "An informed source told Al-Eqtisad News that a delegation from the Central Bank of Iraq will begin negotiations with the American side on August 26 in America."
8-25-2024 Newshound Guru Jeff Article: "Iraq and America resume negotiations on banking sector next Monday"
8-25-2024 Newshound Guru Militia Man They're making nothing but money off their oil, but they're also making nothing but money off their non-oil revenue streams. Now it's a totally different ball game. Back in the old days Iraq's valuation of $3.22 was based off oil. It wasn't on phosphates...sulfur...liquid natural gas...tax revenues...tourism. None of those. Add all that in now into the exchange rate gives some support doesn't it. You start thinking about it, wait a second, so why would you come back out at $3.22 again? Good question. Will they? Don't know. Is it likely they will? I don't know. Why would it be any less than that?
8-25-2024 Intel Guru MarkZ [via PDK] Question: Is the US still holding up the RV and Iraq? MarkZ: I don’t think so….I think the US is desperate for money…
8-25-2024 Intel Guru Bruce [via WiserNow] ...it looks like our start for notification and exchanges could start over the weekend...It could defer to Monday, with exchanges starting either Monday or Tuesday. That's very possible.
8-24-2024 Newshound Guru Militia Man If you guys have the lop question, it's totally uneducated as far as I'm concerned. 100%...Iraq said they were going to bring value to their currency. Doing a lop doesn't bring value. It's a reverse split. Stays the same. It's total B.S., utter nonsense. It's unstudied, uneducated and frankly, quackery as far as I'm concerned.
8-24-2024 Newshound Guru Samson Article: "PM Advisor: Al-Alaq upcoming visit to NY supports banking system stability"
8-24-24 Intel Guru Frank26 Question "Did Chase Bank place banks inside of Iraq?" Not that I know. Not Chase, no.
8-24-2024 Newshound Guru Pimpy If you're planning on retiring sometime this year because of the Iraqi dinar exchange rate, well put a hold on your plans for just a little bit until we get past this next year IMO. With the election season coming up and we have no idea who's going to be in charge of the country, we have no idea what kind of actions are going to be taken against Iraq...The fact that the United States Treasury has now taken up an entire floor in the Central Bank of Iraq is not a good thing at all...
8-24-2024 Newshound Guru Militia Man Article Quote: "Alaq confirmed... there will be meetings held with the Federal bank and US Treasury at the end of this August" What's the date today? It's not far off. The last meeting he had was unannounced...I think him coming back to the Untied States, he's probably going to bring something he should have had done a long time ago.
8-24-2024 Intel Guru MarkZ [via PDK] As far as RV related news – there is a lot of expectations in Iraq for this weekend. But no huge movement yet. We are waiting to get some news. Iraqi contacts are pretty hopeful they can force a dinar value change to reduce the use of US dollars . A lot of hopeful talk …and most are looking for a change on Sunday. That’s only a day away so guess we will soon find out.
8-24-2024 Newshound Guru Samson Article: "Is Iraq heading towards printing new paper currency?" Quote: "Baghdad The Parliamentary Finance Committee confirmed, on Thursday, that there is no intention to print new paper currency."
8-24-24 Intel Guru Frank26 I don't care about the WTO and HCL because it only waits for one thing, the new exchange rate. The only mechanism that everyone is waiting for is the new exchange rate. That is the simple fact. This fact is real because Sudani is constantly reinforcing that idea...by constantly coming out on TV and talking to you [Iraqi citizens] about you're going to get purchasing power.
8-24-2024 Newshound Guru Militia Man Article: "Iraq is heading towards printing new paper currency" They're not going to print new currency in the sense of triple zero notes...There's no reason for it. They were destroying perfectly good triple zero notes. They did a video on it...destroying money, making little pellets. They had a whole show on it. Why would they be destroying good money? Granted, if they filmed that they were damaged with ink on them, all these different things, I understand that. That wasn't the case. In 2018...they spent tens of millions of dollars on printing new currency... Bottom line is, why would they be printing triple zero notes at a time when inflation is low? That would create inflation. The whole idea is not to do that. Article quote: "There's no intention to print new paper currency at the central bank..."
8-24-2024 Intel Guru MarkZ [via PDK] COMMENT: ...Iraqi Citizens are being shown the new lower denominations on the street level. They are being distributed in Iraq…If so, I assume this puts us in a short window until it’s on forex for us. MarkZ: If they are being distributed…yes. We do know they have printed them…we have seen the contracts with DeLaRue in 2018 when they were printed. We know they have sent “cut sheets” or samples to banks , large retailers etc…showing all the security features etc. So they have printed them, prepared everyone, educated the exchange houses. They have also formed a committee to educate people on price changes. It’s clear they are going to lower denominations. If they are finally releasing them at the street level… Well, that is huge news...
8-24-2024 Newshound Guru Samson Article: "PM Advisor: Al-Alaq upcoming visit to NY supports banking system stability"
8-24-24 Intel Guru Frank26 Question "Did Chase Bank place banks inside of Iraq?" Not that I know. Not Chase, no.
8-24-2024 Newshound Guru Pimpy If you're planning on retiring sometime this year because of the Iraqi dinar exchange rate, well put a hold on your plans for just a little bit until we get past this next year IMO. With the election season coming up and we have no idea who's going to be in charge of the country, we have no idea what kind of actions are going to be taken against Iraq...The fact that the United States Treasury has now taken up an entire floor in the Central Bank of Iraq is not a good thing at all...
8-24-2024 Newshound Guru Militia Man Article Quote: "Alaq confirmed... there will be meetings held with the Federal bank and US Treasury at the end of this August" What's the date today? It's not far off. The last meeting he had was unannounced...I think him coming back to the Untied States, he's probably going to bring something he should have had done a long time ago.
8-24-2024 Intel Guru MarkZ [via PDK] As far as RV related news – there is a lot of expectations in Iraq for this weekend. But no huge movement yet. We are waiting to get some news. Iraqi contacts are pretty hopeful they can force a dinar value change to reduce the use of US dollars . A lot of hopeful talk …and most are looking for a change on Sunday. That’s only a day away so guess we will soon find out.
8-24-2024 Newshound Guru Samson Article: "Is Iraq heading towards printing new paper currency?" Quote: "Baghdad The Parliamentary Finance Committee confirmed, on Thursday, that there is no intention to print new paper currency."
8-24-24 Intel Guru Frank26 I don't care about the WTO and HCL because it only waits for one thing, the new exchange rate. The only mechanism that everyone is waiting for is the new exchange rate. That is the simple fact. This fact is real because Sudani is constantly reinforcing that idea...by constantly coming out on TV and talking to you [Iraqi citizens] about you're going to get purchasing power.
8-24-2024 Newshound Guru Militia Man Article: "Iraq is heading towards printing new paper currency" They're not going to print new currency in the sense of triple zero notes...There's no reason for it. They were destroying perfectly good triple zero notes. They did a video on it...destroying money, making little pellets. They had a whole show on it. Why would they be destroying good money? Granted, if they filmed that they were damaged with ink on them, all these different things, I understand that. That wasn't the case. In 2018...they spent tens of millions of dollars on printing new currency... Bottom line is, why would they be printing triple zero notes at a time when inflation is low? That would create inflation. The whole idea is not to do that. Article quote: "There's no intention to print new paper currency at the central bank..."
8-24-2024 Intel Guru MarkZ [via PDK] COMMENT: ...Iraqi Citizens are being shown the new lower denominations on the street level. They are being distributed in Iraq…If so, I assume this puts us in a short window until it’s on forex for us. MarkZ: If they are being distributed…yes. We do know they have printed them…we have seen the contracts with DeLaRue in 2018 when they were printed. We know they have sent “cut sheets” or samples to banks , large retailers etc…showing all the security features etc. So they have printed them, prepared everyone, educated the exchange houses. They have also formed a committee to educate people on price changes. It’s clear they are going to lower denominations. If they are finally releasing them at the street level… Well, that is huge news...
8-23-2024 Intel Guru Frank26 We found out the 3 zero notes are going to coexist with the lower notes for 10 years. Do you understand the power behind that? That means we're going to be able to participate in not only the float but the Real Effective Exchange Rate (REER).
8-23-2024 Newshound Guru Militia Man We've been here for what...20 years, right? ...The Truth is today it's not the same. Nothing 20 years ago has anything to do with today. You might just hang your hat, chill out and get back on board and pay attention...
8-23-2024 Newshound Guru Samson Article: ”US government decides to tackle Iraq's energy crisis in exchange for Iran's economically 'stifling' "
8-23-2024 Intel Guru Wolverine [via Judy Byington] It looks like we have the green light. It looks like it’s on...It’s not official, but it looks like it’s happening.
8-23-2024 Newshound Guru Samson Article: "Iraqis.. Saving in gold instead of dollars" Quote: "Iraqis are turning to saving gold instead of the dollar, which has caused its continued rise..."
8-23-2024 Newshound Guru Militia Man 'Theft of The Century' is not going away...It's just so much money that's been stolen.
8-23-2024 Intel Guru MarkZ [via PDK] I am told this is part of the push coming out of the CBI right now because they know its causing issues for them if they do not go ahead and increase that value. I am told this is part of why in Iraq this weekend is in the crosshairs. Will they do it? Will they raise the value? I don’t know but that is certainly the chatter right now. This is from my finance ministry connection and a couple contractors over there...Let’s hope the rumors for this weekend coming out of Iraq are correct. [Post 2 of 2]
8-23-2024 Intel Guru MarkZ [via PDK] Article: “Iraq Now Moving Backwards in Battle to Strengthen the IQD” Iraq is having problems with the US dollar. Too many people still want to use the US dollar instead of the Iraqi dinar...This problem will not go away…it will not disappear until the value of the dinar is closer to the dollar or more than the dollar. It will completely go away the moment the dinar is worth more than the US dollar. [Post 1 of 2....stay tuned]
8-23-2024 Newshound Guru Clare Article: ”Is Iraq heading towards printing new paper currency?" Quote "The Parliamentary Finance Committee confirmed, on Thursday, that there is no intention to print new paper currency."
8-23-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy [his Iraqi bank friend] said we're going to get massive purchasing power. But others outside of Iraq, they will make millions. FRANK: I know it forwards and backwards, in fact I dream about it! I know the process.
8-23-2024 Newshound Guru Militia Man The non-oil sector is going to be equal to or superior to Iraq's oil income. It's just the way it is. They have so much wealth in this country and there's going to be so much demand for the dinar..It's going to be a massive change to this country. The Development Road Project is massive... [it's] fully underway...It's evidence they're taking
Iraq international. It's not stopping.
8-23-2024 Intel Guru MarkZ [via PDK] Question: What happened to Iraqs ascension to the WTO on Aug 18th? MarkZ: My Iraqi source say they are done…they are complete….and waiting for an announcement to tie it with the HCL. They tell me they are done and prepared and fulfilled all the requirements...and told this will be announced soon….
8-23-2024 Newshound/Intel Guru BGG Article Quote: "Economic Achievements of Prime Minister Mohammed Al-Sudani - An Analysis of Non-Oil Revenue Growth in Iraq - 2022-2024" Quote: "...Under the leadership of Prime Minister Mohammed Al-Sudani, Iraq has achieved significant growth in its non-oil revenues, rising from seven trillion Iraqi dinars to twenty-seven trillion dinars in two years. This remarkable increase indicates a strategic shift towards diversifying the economy and enhancing its stability."
8-23-2024 Newshound Guru Militia Man We've been here for what...20 years, right? ...The Truth is today it's not the same. Nothing 20 years ago has anything to do with today. You might just hang your hat, chill out and get back on board and pay attention...
8-23-2024 Newshound Guru Samson Article: ”US government decides to tackle Iraq's energy crisis in exchange for Iran's economically 'stifling' "
8-23-2024 Intel Guru Wolverine [via Judy Byington] It looks like we have the green light. It looks like it’s on...It’s not official, but it looks like it’s happening.
8-23-2024 Newshound Guru Samson Article: "Iraqis.. Saving in gold instead of dollars" Quote: "Iraqis are turning to saving gold instead of the dollar, which has caused its continued rise..."
8-23-2024 Newshound Guru Militia Man 'Theft of The Century' is not going away...It's just so much money that's been stolen.
8-23-2024 Intel Guru MarkZ [via PDK] I am told this is part of the push coming out of the CBI right now because they know its causing issues for them if they do not go ahead and increase that value. I am told this is part of why in Iraq this weekend is in the crosshairs. Will they do it? Will they raise the value? I don’t know but that is certainly the chatter right now. This is from my finance ministry connection and a couple contractors over there...Let’s hope the rumors for this weekend coming out of Iraq are correct. [Post 2 of 2]
8-23-2024 Intel Guru MarkZ [via PDK] Article: “Iraq Now Moving Backwards in Battle to Strengthen the IQD” Iraq is having problems with the US dollar. Too many people still want to use the US dollar instead of the Iraqi dinar...This problem will not go away…it will not disappear until the value of the dinar is closer to the dollar or more than the dollar. It will completely go away the moment the dinar is worth more than the US dollar. [Post 1 of 2....stay tuned]
8-23-2024 Newshound Guru Clare Article: ”Is Iraq heading towards printing new paper currency?" Quote "The Parliamentary Finance Committee confirmed, on Thursday, that there is no intention to print new paper currency."
8-23-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy [his Iraqi bank friend] said we're going to get massive purchasing power. But others outside of Iraq, they will make millions. FRANK: I know it forwards and backwards, in fact I dream about it! I know the process.
8-23-2024 Newshound Guru Militia Man The non-oil sector is going to be equal to or superior to Iraq's oil income. It's just the way it is. They have so much wealth in this country and there's going to be so much demand for the dinar..It's going to be a massive change to this country. The Development Road Project is massive... [it's] fully underway...It's evidence they're taking
Iraq international. It's not stopping.
8-23-2024 Intel Guru MarkZ [via PDK] Question: What happened to Iraqs ascension to the WTO on Aug 18th? MarkZ: My Iraqi source say they are done…they are complete….and waiting for an announcement to tie it with the HCL. They tell me they are done and prepared and fulfilled all the requirements...and told this will be announced soon….
8-23-2024 Newshound/Intel Guru BGG Article Quote: "Economic Achievements of Prime Minister Mohammed Al-Sudani - An Analysis of Non-Oil Revenue Growth in Iraq - 2022-2024" Quote: "...Under the leadership of Prime Minister Mohammed Al-Sudani, Iraq has achieved significant growth in its non-oil revenues, rising from seven trillion Iraqi dinars to twenty-seven trillion dinars in two years. This remarkable increase indicates a strategic shift towards diversifying the economy and enhancing its stability."
8-22-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani showed up on the television just like he did yesterday, today he is talking once again about the monetary reforms. He says to us the monetary reforms are underway. FRANK: This is serious. Every day his is coming and talking to the Iraqi citizens...I am extremely excited for your purchasing power that is soon to come to you exactly the way Sudani has been telling you...
8-22-2024 Intel Guru MarkZ [via PDK] Question: Do you still think this could be our month? MarkZ: I do – I very much think this could be it. But it’s very strange how we are getting news in burst…a lot of activity then quiet. I assume that is because they have done an exceptional job clamping down on leaks... Today things again were painfully quiet. I don’t know what they are waiting for at this point.
8-22-2024 Newshound Guru Militia Man Why was there an unannounced meeting with Alaq in Washington? You gotta think about that. He showed up unannounced...It appears to be is he needed to have things done and he didn't do it.
8-22-2024 Newshound Guru Breitling Question: "It sounded like to me one of their goals is to try to get the US dollar as the predominant currency in Iraq. Could this be their way to get notes off the street?" No. That's a good question even though it's a big no...The fact that you asked that question make me unbelievably happy because that's how you have to think about currency... Are they expanding their money supply or are they decreasing their money supply?
8-22-2024 Newshound/Intel Guru Walkingstick What they are doing right now to you Iraqi citizens is called a media campaign. It is a massive attempt to tell you what they're about to give you...The speed of this monetary reform education is coming at you very fast ever since the United States Treasury showed up. They are the ones that have increased the speed of this information to you.
8-22-2024 Intel Guru Frank26 The goal is what? Retrieve those [Three zero notes]. How? As soon as we raise the value, give them purchasing power, as soon as we drop the 3 zeros, they're going to bring in all that 80 something percent [still in Iraqi mattresses]...The monetary reform plan is brilliant...It is moving at a very fast pace.
8-22-2024 Newshound Guru Militia Man If you're going to have a petro-dinar competing with a petro-dollar you're going to have to have some value for that. 1310 has not worked...It doesn't mean they're not going to try it. Try it, I think that would be a failure...
8-22-2024 Newshound Guru Sandy Ingram Building and growing your financial bases will be easier when you have money...The name of the game to replenish your wealth means that you invest in positive cash flow business ventures even if you go out and buy a Pizza Hut just as long as it has a positive cash flow to help support your lifestyle that you would like to live in. You replenish your wealth by investing in business ventures that will bring you more monthly income. That's how you maintain and generate and grow your wealth. [Dinar Guru Note: Consult your financial advisors at the appropriate time to find the right investments for your unique circumstances and lifestyle.]
8-22-2024 Newshound Guru Samson Article: "Theft of the Century: Between the Rule of Law and the Rule of Whales"
8-22-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sammy [Iraq bank manager] says we will continue to trade the three zero notes after the deletion project for 10 years. It's not a lop. This will be a powerful move. FRANK: I like it because this is the guy that works at the bank and he knows darn well what's about to happen...Once the 3 zeros are lifted your purchasing power will be at least equal to $1.00. It may even be up to $1.30. Then your country will be able to rebuild itself even faster...I'm excited for your future. I'm equally excited for my future.
8-22-2024 Newshound Guru Militia Man Anybody that thinks this is going to be a lop has got to be flat-out loco. They're not going to be able to fund all their processes at 1310/1320...There's no inflation. They've got it covered. They've been working on this for years...It's a bullish time to paying attention to what you own...Put the lop to bed.
8-22-2024 Intel Guru Bruce [via WiserNow] What is the contract rate? Contract rate is what a barrel of oil in Iraq is selling for, in USN dollars, whatever the per barrel price of oil is that Iraq is selling...to...other countries...That's what we are being offered. That's the contract rate, and it's pretty high. [Post 2 of 2]
8-22-2024 Intel Guru Bruce [via WiserNow] ...If it all pans out, we'll get our emails [Wednesday] – set our appointments...start as early as [Wednesday] or Thursday...Rate wise...we saw what...the dinar and dong were a few days ago...and...the redemption center screens are going to be much higher than the bank screens. Just so you know, redemption center screens are significantly higher. Not to mention the fact that, if you're a dinar holder... and are a US citizen, you will be offered a contract rate. [Post 1 of 2]
Sudani showed up on the television just like he did yesterday, today he is talking once again about the monetary reforms. He says to us the monetary reforms are underway. FRANK: This is serious. Every day his is coming and talking to the Iraqi citizens...I am extremely excited for your purchasing power that is soon to come to you exactly the way Sudani has been telling you...
8-22-2024 Intel Guru MarkZ [via PDK] Question: Do you still think this could be our month? MarkZ: I do – I very much think this could be it. But it’s very strange how we are getting news in burst…a lot of activity then quiet. I assume that is because they have done an exceptional job clamping down on leaks... Today things again were painfully quiet. I don’t know what they are waiting for at this point.
8-22-2024 Newshound Guru Militia Man Why was there an unannounced meeting with Alaq in Washington? You gotta think about that. He showed up unannounced...It appears to be is he needed to have things done and he didn't do it.
8-22-2024 Newshound Guru Breitling Question: "It sounded like to me one of their goals is to try to get the US dollar as the predominant currency in Iraq. Could this be their way to get notes off the street?" No. That's a good question even though it's a big no...The fact that you asked that question make me unbelievably happy because that's how you have to think about currency... Are they expanding their money supply or are they decreasing their money supply?
8-22-2024 Newshound/Intel Guru Walkingstick What they are doing right now to you Iraqi citizens is called a media campaign. It is a massive attempt to tell you what they're about to give you...The speed of this monetary reform education is coming at you very fast ever since the United States Treasury showed up. They are the ones that have increased the speed of this information to you.
8-22-2024 Intel Guru Frank26 The goal is what? Retrieve those [Three zero notes]. How? As soon as we raise the value, give them purchasing power, as soon as we drop the 3 zeros, they're going to bring in all that 80 something percent [still in Iraqi mattresses]...The monetary reform plan is brilliant...It is moving at a very fast pace.
8-22-2024 Newshound Guru Militia Man If you're going to have a petro-dinar competing with a petro-dollar you're going to have to have some value for that. 1310 has not worked...It doesn't mean they're not going to try it. Try it, I think that would be a failure...
8-22-2024 Newshound Guru Sandy Ingram Building and growing your financial bases will be easier when you have money...The name of the game to replenish your wealth means that you invest in positive cash flow business ventures even if you go out and buy a Pizza Hut just as long as it has a positive cash flow to help support your lifestyle that you would like to live in. You replenish your wealth by investing in business ventures that will bring you more monthly income. That's how you maintain and generate and grow your wealth. [Dinar Guru Note: Consult your financial advisors at the appropriate time to find the right investments for your unique circumstances and lifestyle.]
8-22-2024 Newshound Guru Samson Article: "Theft of the Century: Between the Rule of Law and the Rule of Whales"
8-22-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sammy [Iraq bank manager] says we will continue to trade the three zero notes after the deletion project for 10 years. It's not a lop. This will be a powerful move. FRANK: I like it because this is the guy that works at the bank and he knows darn well what's about to happen...Once the 3 zeros are lifted your purchasing power will be at least equal to $1.00. It may even be up to $1.30. Then your country will be able to rebuild itself even faster...I'm excited for your future. I'm equally excited for my future.
8-22-2024 Newshound Guru Militia Man Anybody that thinks this is going to be a lop has got to be flat-out loco. They're not going to be able to fund all their processes at 1310/1320...There's no inflation. They've got it covered. They've been working on this for years...It's a bullish time to paying attention to what you own...Put the lop to bed.
8-22-2024 Intel Guru Bruce [via WiserNow] What is the contract rate? Contract rate is what a barrel of oil in Iraq is selling for, in USN dollars, whatever the per barrel price of oil is that Iraq is selling...to...other countries...That's what we are being offered. That's the contract rate, and it's pretty high. [Post 2 of 2]
8-22-2024 Intel Guru Bruce [via WiserNow] ...If it all pans out, we'll get our emails [Wednesday] – set our appointments...start as early as [Wednesday] or Thursday...Rate wise...we saw what...the dinar and dong were a few days ago...and...the redemption center screens are going to be much higher than the bank screens. Just so you know, redemption center screens are significantly higher. Not to mention the fact that, if you're a dinar holder... and are a US citizen, you will be offered a contract rate. [Post 1 of 2]
8-21-2024 Newshound Guru Militia Man They were definitely coming after Alaq. Why? Because their cash cow...is getting dried up and obviously they're getting squeezed. You not only have people in Baghdad getting squeezed you got people in Kurdistan area are going to get squeezed as well because they are on the wrong side of the trade. They have different agendas.
8-21-2024 Newshound Guru Samson "The Central Bank denies the existence of a shortage of cash liquidity and responds to the Parliamentary Finance Committee"
8-21-2024 Newshound Guru Clare Article Quote "The Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Saleh...pointed out that Iraqi oil sales are in dollars, and are deposited with the US Federal Reserve through an open account in the name of the Central Bank, which is managed by the bank on behalf of the Iraqi government."
8-21-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Economist on TV again talking about our banks. This guy we're supposed to pay attention to says the Iraqi bank weakness right now is 80% of currency is in the citizen's homes. FRANK: If you took everybody on the plant Earth that has bought dinars as an investment...investors that bought it for a return, if you added them all up, that number would be so minuscule compared to the number of dinars they call dinar mattress...I've always said we're like a pimple on the back of an elephant. But the CBI is well aware of how many 3 zero notes are still in the streets of Iraq...
8-21-2024 Newshound Guru Militia Man Why would somebody bring out an article "Is it time to remove the zeros?" Because we already know they're going to do something like that...Alaq said the project still exists...Alaq has talked about creating value and so has Al Sudani. Sudani has stated more than once that the dinar is stronger the dollar. Why would he lie about that? He might know things about that that you and I don't know...Where we're headed, that is probably a true statement and he's probably not going to be considered a liar. He's probably going to come out in history as one heck of a prime minister.
8-21-2024 Newshound Guru Kaperoni The discussion in Iraq is not an RV but a currency exchange LOP. Symposiums were held last fall to educate many of the citizens on such an event. There would be little to no gain, in fact, based on the numbers published it would be a loss if they did so.
8-21-2024 Newshound/Intel Guru Walkingstick [Aki Iraqi bank friend who runs a bank in Michigan] Question: "Have you heard the three zeros will coexist for ten year?" Yes, we have heard about it but we did not hear the number 10. We heard that it would be over a long period of time. Duel pricing in the market would be controlled easier. Also, it would give the CBI longer time frame to collect the citizens 3 zero notes.
8-21-2024 Newshound Guru Samson Article: "Government Advisor: Al-Alaq's upcoming visit to New York will support the protection and stability of the banking system"
8-21-2024 Newshound Guru Clare Article "Is it time to remove the zeros?" Quote: "with the use of electronic payment operations, the environment will be mature and acceptable for the idea of implementing the decision to delete zeros, and the process will be automatic without the citizen feeling it. But is it time to issue the decision?"
8-21-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy [his Iraqi bank friend] was explaining how our three zero notes will coexist for 10 years after they drop the three zeros...This is not a LOP...We don't have inflation like other neighboring countries around us that have to lop. We can delete zeros and introduce...the lower notes because of the value that is being added. That's purchasing power. FRANK: That's always been the plan...I can't believe they're going to vie you these 10 years that Dr. Shabibi wanted. That's incredible...Wow!
8-21-2024 Newshound Guru Militia Man Article Quote: "The Deputy Governor of the Central Bank of Iraq has confirmed work is underway to reduce the price of the dollar against a dinar in the coming days." We've heard this before but we haven't seen the end result yet. Why is that? Could they have been trying to do it before? Sure. Have they tried many times? They could have. Are they trying to do it again? The evidence support that this is what they are telling us - that they're going to try to do it again. Hopefully they get this one done.
8-21-2024 Guest Guru Zester [via PDK] There are...tons of rumors that some of the large groups are starting the exchange process this week... Please handle this update with care as the news has been all over the place today. That update was from pops [MarkZ].
8-21-2024 Newshound/Intel Guru Mnt Goat Once again, the Project to Delete the Zeros raises its head up. Yes, two more articles on it this period... There are other articles today related to the topic that help us understand and tell us they know what they have to do and its just a matter of time how and when they do it. The clock it ticking… tic, toc, tic, toc.
8-21-2024 Newshound Guru Samson "The Central Bank denies the existence of a shortage of cash liquidity and responds to the Parliamentary Finance Committee"
8-21-2024 Newshound Guru Clare Article Quote "The Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Saleh...pointed out that Iraqi oil sales are in dollars, and are deposited with the US Federal Reserve through an open account in the name of the Central Bank, which is managed by the bank on behalf of the Iraqi government."
8-21-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Economist on TV again talking about our banks. This guy we're supposed to pay attention to says the Iraqi bank weakness right now is 80% of currency is in the citizen's homes. FRANK: If you took everybody on the plant Earth that has bought dinars as an investment...investors that bought it for a return, if you added them all up, that number would be so minuscule compared to the number of dinars they call dinar mattress...I've always said we're like a pimple on the back of an elephant. But the CBI is well aware of how many 3 zero notes are still in the streets of Iraq...
8-21-2024 Newshound Guru Militia Man Why would somebody bring out an article "Is it time to remove the zeros?" Because we already know they're going to do something like that...Alaq said the project still exists...Alaq has talked about creating value and so has Al Sudani. Sudani has stated more than once that the dinar is stronger the dollar. Why would he lie about that? He might know things about that that you and I don't know...Where we're headed, that is probably a true statement and he's probably not going to be considered a liar. He's probably going to come out in history as one heck of a prime minister.
8-21-2024 Newshound Guru Kaperoni The discussion in Iraq is not an RV but a currency exchange LOP. Symposiums were held last fall to educate many of the citizens on such an event. There would be little to no gain, in fact, based on the numbers published it would be a loss if they did so.
8-21-2024 Newshound/Intel Guru Walkingstick [Aki Iraqi bank friend who runs a bank in Michigan] Question: "Have you heard the three zeros will coexist for ten year?" Yes, we have heard about it but we did not hear the number 10. We heard that it would be over a long period of time. Duel pricing in the market would be controlled easier. Also, it would give the CBI longer time frame to collect the citizens 3 zero notes.
8-21-2024 Newshound Guru Samson Article: "Government Advisor: Al-Alaq's upcoming visit to New York will support the protection and stability of the banking system"
8-21-2024 Newshound Guru Clare Article "Is it time to remove the zeros?" Quote: "with the use of electronic payment operations, the environment will be mature and acceptable for the idea of implementing the decision to delete zeros, and the process will be automatic without the citizen feeling it. But is it time to issue the decision?"
8-21-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy [his Iraqi bank friend] was explaining how our three zero notes will coexist for 10 years after they drop the three zeros...This is not a LOP...We don't have inflation like other neighboring countries around us that have to lop. We can delete zeros and introduce...the lower notes because of the value that is being added. That's purchasing power. FRANK: That's always been the plan...I can't believe they're going to vie you these 10 years that Dr. Shabibi wanted. That's incredible...Wow!
8-21-2024 Newshound Guru Militia Man Article Quote: "The Deputy Governor of the Central Bank of Iraq has confirmed work is underway to reduce the price of the dollar against a dinar in the coming days." We've heard this before but we haven't seen the end result yet. Why is that? Could they have been trying to do it before? Sure. Have they tried many times? They could have. Are they trying to do it again? The evidence support that this is what they are telling us - that they're going to try to do it again. Hopefully they get this one done.
8-21-2024 Guest Guru Zester [via PDK] There are...tons of rumors that some of the large groups are starting the exchange process this week... Please handle this update with care as the news has been all over the place today. That update was from pops [MarkZ].
8-21-2024 Newshound/Intel Guru Mnt Goat Once again, the Project to Delete the Zeros raises its head up. Yes, two more articles on it this period... There are other articles today related to the topic that help us understand and tell us they know what they have to do and its just a matter of time how and when they do it. The clock it ticking… tic, toc, tic, toc.
8-20-2024 Newshound Guru Militia Man Saleh, the financial advisor, has talked about the float...a managed float or a mixture of the peg and the float which would be considered flexible...These guys are going to do what they think is the most positive...They're not going to try to hurt the situation. They're going to try to make themselves successful.
8-20-2024 Guest Guru Zester [via PDK] ...pops (MarkZ)...is feeling...optimistic and feeling great. (Mark is having stem cell treatments to try to arrest the progress of muscular disease) I do have an update directly from pops this morning. From MarkZ: Thank you all for the prayers and well wishes... I am hearing a lot of hopeful bond talk for later today...I also have multiple reports that currencies are not paying out yet.
8-20-2024 Newshound Guru Samson Article "US State Department : Our commitment to the relationship with the Kurdistan Region is firm"
8-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saleh was talking about the floats and he was also talking to us about fixed rates. He's saying no decisions have been made. They talked about the pros and the cons of each one of these options. Then the CBI came out and said in the coming days we will make actions to lower the dollar exchange rate. FRANK: Can the CBI lower the dollar exchange rate? No. Yes! How? FIREFLY: ...The CBI's job is not to control the dollar...They can't touch a dollar but...the CBI can touch the dinar...If they lifted the value of our currency wouldn't that bring down the value of the dollar in our country? ...Let's see if that is the only thing the CBI could do to bring the dollar down is raise the dinar. They say in coming days.
8-20-2024 Newshound Guru Militia Man Article: "Iraq avoids the grey list" Iraq was on a black list at one time. Then they moved to the grey list, which we thought wow that's pretty good, we're moving forward. Now they're saying Iraq has avoided the grey list. Quote: "In a remarkable development the Anti-money Laundering and Terrorist Financing Office in Iraq announced the country is far from being included in the grey list after the mutual international evaluation Iraq underwent for 14 month." Sounds pretty intense.
8-20-2024 Newshound Guru Breitling Remember it's an artificial rate. It's manipulated by the note count.
8-20-2024 Guru Nader From The Mid East [Iraq former government/UN employee friend Imad from Basra update] What happened to Kuwait basically is the same thing. Whatever is happening to Iraq, it happened already to Kuwait. After the war Kuwait went back to normal. The American people who held and bought those notes when it was down made a lot of money. That's for sure. Now the scenario is repeating itself with Iraq.
8-20-2024 Newshound Guru Samson Article: "Iraq avoids the gray list: temporary victory or the beginning of a new crisis?"
8-20-2024 Newshound Guru Clare Article: ”Government Advisor: Al-Alaq's upcoming visit to New York will support the protection and stability of the banking system" Quote: "The Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Saleh...pointed out that the file of the sanctioned banks requires negotiation due to the possibility of an error or exaggeration in issuing the decision to sanction them...There will be meetings held with the Federal Bank and the US Treasury Department at the end of this August"
8-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh on TV talking about the possibility of using the dinar instead of the dollar on oil sales. He's talking about how and why... FRANK: Sudani is now sending people on a daily basis out to talk to you...If it's not Saleh talking to you about the monetary reform, it's Alaq reminding you you're going to get purchasing power...Then it's himself that comes out and tell you the project to lift the three zeros is still on the table, we're going to give you purchasing power like we promised you this year...Your purchasing power is coming.
8-20-2024 Newshound Guru Militia Man What were they doing in the background? They were destroying money...They didn't tell you how much money they destroyed...But they're saying they're having a problem with liquidity...a problem...to meet the need for Iraq dinar...They're going to need money to be replaced. Could that be the new small category notes with more value? ...Why in the world would you go out and destroy a bunch of money... make it into pellets for burning, when you're going to go and create new 25k notes. Does that make any sense to anybody? Do you think they built that big, huge massive building...to have more inflation and a cheaper exchange rate less that 1310? That's what they would be doing...That doesn't make any sense whatsoever. [Post 2 of 2]
8-20-2024 Newshound Guru Militia Man Article quote: "Central Bank's inability to meet the needs of Iraq dinars which may force an increase in issued monetary mass." They didn't say dollars, they said the need for dinar. Why would they need to have dinar? Remember...they've been bringing in 25k notes because...they're doing electronic. All that money that comes in gets credited on cards. They've been absorbing cash... [Post 1 of 2....stay tuned]
8-20-2024 Intel Guru MarkZ [via PDK] Question: Are they waiting on the election to release the RV? MarkZ: I was always told it was not election related…. Guess we will find out though.
8-20-2023 Intel Guru RayRen98 THE WORLD COURT RECEIVES DISPUTES (AND SEEKS RESOLUTION) BETWEEN NATIONS. THE DETAILS ARE INSIGNIFICANT, THE RV IS SLATED TO MOVE FORWARD NOW.
8-20-2024 Guest Guru Zester [via PDK] ...pops (MarkZ)...is feeling...optimistic and feeling great. (Mark is having stem cell treatments to try to arrest the progress of muscular disease) I do have an update directly from pops this morning. From MarkZ: Thank you all for the prayers and well wishes... I am hearing a lot of hopeful bond talk for later today...I also have multiple reports that currencies are not paying out yet.
8-20-2024 Newshound Guru Samson Article "US State Department : Our commitment to the relationship with the Kurdistan Region is firm"
8-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saleh was talking about the floats and he was also talking to us about fixed rates. He's saying no decisions have been made. They talked about the pros and the cons of each one of these options. Then the CBI came out and said in the coming days we will make actions to lower the dollar exchange rate. FRANK: Can the CBI lower the dollar exchange rate? No. Yes! How? FIREFLY: ...The CBI's job is not to control the dollar...They can't touch a dollar but...the CBI can touch the dinar...If they lifted the value of our currency wouldn't that bring down the value of the dollar in our country? ...Let's see if that is the only thing the CBI could do to bring the dollar down is raise the dinar. They say in coming days.
8-20-2024 Newshound Guru Militia Man Article: "Iraq avoids the grey list" Iraq was on a black list at one time. Then they moved to the grey list, which we thought wow that's pretty good, we're moving forward. Now they're saying Iraq has avoided the grey list. Quote: "In a remarkable development the Anti-money Laundering and Terrorist Financing Office in Iraq announced the country is far from being included in the grey list after the mutual international evaluation Iraq underwent for 14 month." Sounds pretty intense.
8-20-2024 Newshound Guru Breitling Remember it's an artificial rate. It's manipulated by the note count.
8-20-2024 Guru Nader From The Mid East [Iraq former government/UN employee friend Imad from Basra update] What happened to Kuwait basically is the same thing. Whatever is happening to Iraq, it happened already to Kuwait. After the war Kuwait went back to normal. The American people who held and bought those notes when it was down made a lot of money. That's for sure. Now the scenario is repeating itself with Iraq.
8-20-2024 Newshound Guru Samson Article: "Iraq avoids the gray list: temporary victory or the beginning of a new crisis?"
8-20-2024 Newshound Guru Clare Article: ”Government Advisor: Al-Alaq's upcoming visit to New York will support the protection and stability of the banking system" Quote: "The Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Saleh...pointed out that the file of the sanctioned banks requires negotiation due to the possibility of an error or exaggeration in issuing the decision to sanction them...There will be meetings held with the Federal Bank and the US Treasury Department at the end of this August"
8-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh on TV talking about the possibility of using the dinar instead of the dollar on oil sales. He's talking about how and why... FRANK: Sudani is now sending people on a daily basis out to talk to you...If it's not Saleh talking to you about the monetary reform, it's Alaq reminding you you're going to get purchasing power...Then it's himself that comes out and tell you the project to lift the three zeros is still on the table, we're going to give you purchasing power like we promised you this year...Your purchasing power is coming.
8-20-2024 Newshound Guru Militia Man What were they doing in the background? They were destroying money...They didn't tell you how much money they destroyed...But they're saying they're having a problem with liquidity...a problem...to meet the need for Iraq dinar...They're going to need money to be replaced. Could that be the new small category notes with more value? ...Why in the world would you go out and destroy a bunch of money... make it into pellets for burning, when you're going to go and create new 25k notes. Does that make any sense to anybody? Do you think they built that big, huge massive building...to have more inflation and a cheaper exchange rate less that 1310? That's what they would be doing...That doesn't make any sense whatsoever. [Post 2 of 2]
8-20-2024 Newshound Guru Militia Man Article quote: "Central Bank's inability to meet the needs of Iraq dinars which may force an increase in issued monetary mass." They didn't say dollars, they said the need for dinar. Why would they need to have dinar? Remember...they've been bringing in 25k notes because...they're doing electronic. All that money that comes in gets credited on cards. They've been absorbing cash... [Post 1 of 2....stay tuned]
8-20-2024 Intel Guru MarkZ [via PDK] Question: Are they waiting on the election to release the RV? MarkZ: I was always told it was not election related…. Guess we will find out though.
8-20-2023 Intel Guru RayRen98 THE WORLD COURT RECEIVES DISPUTES (AND SEEKS RESOLUTION) BETWEEN NATIONS. THE DETAILS ARE INSIGNIFICANT, THE RV IS SLATED TO MOVE FORWARD NOW.
8-19-2024 Newshound Guru Militia Man All the calls for Alaq to leave his post - They came at him all week last week. But guess what, he's still in his position...When they treated his incompetence it's obvious they have an agenda. They've been...trying to get him gone for over a year and haven't been able to. It's obvious the US, the US Fed and Al-Sudani feel it's not necessary or they would have probably done it already.
8-19-2024 Newshound Guru Clare Article: "urgent... In numbers.. The Central Bank buys dollars from the Ministry of Finance in an unprecedented move since 2003" Quote: "this rate will rise in the coming months with the Central Bank's inability to meet the need for Iraqi dinars, which may force it to increase the issued monetary mass to meet the ministry's expenditure needs."
8-19-2024 Newshound Guru Samson "Al-Sudani's advisor announces: Two missiles have returned negotiations to the US forces' withdrawal to square one"
8-19-2024 Intel Guru RayRen98 I'M BEING TOLD THE WORLD COURT "CLEARED" A FORMAL COMPLAINT TODAY AND TOMORROW IS A DEFINITE POSSIBILITY.
8-19-2024 Newshound Guru Breitling We [The United States] are circling the wagons. If we circle the wagons we're going to cut the economy off of Iraq and we're going to make them hurt. That's not good for the Iraqi dinar.
8-19-2024 Newshound/Intel Guru Fnu Lnu It has now been announced that the US troops will not be leaving Iraq...The United States will never, in the foreseeable future, be leaving Iraq. We simply have too much invested in them to have another Afghanistan style departure. The USA is there to stay!
8-19-2024 Newshound/Intel Guru Walkingstick [Iraqi Bank friend Aki in Michigan] The monetary reform is very solid. Things are looking good...What happened with the CBI governor, he's not going anywhere. The government can't fire Alaq in the same way Maliki fired the governor of the CBI Dr. Shabibi. Maliki had no authority, he had no right to fire Dr. Shabibi. Dr. Shabibi went and worked with the US Treasury to make sure the monetary reform plan was completed...
8-19-2024 Guest Guru Zester [MarkZ's son] [Pops (MarkZ) is currently undergoing the stem cell treatment. He is in good spirits. He will give an update as soon as he can about the first treatment. Please keep pops in your thoughts and prayers.] I am hoping this is the week we are all blessed...keeping my fingers crossed it happens in the next couple of days…but, no one knows. If it was my choice it would have happened years ago. But I am confident it will happen.
8-19-2024 Newshound Guru Militia Man Article: "Central Bank of Iraq to the News: We are working to reduce the price of the dollar in the coming days" To be fair, that statement could be misleading because it's not Iraq's job to do anything to the United States currency value. They don't have any control over it, period. But what they do have control over is the dinar, that petro-dinar. They can change the value of the currency. Alaq said the delete the zeros project is still in play...If they raise the value of the Iraq dinar, obviously the value the currency in respect to that ratio is going to change.
8-19-2024 Newshound Guru Samson Article: "Central Bank of Iraq to the News: We are working to reduce the price of the dollar in the coming days" Quote: "The Deputy Governor of the Central Bank of Iraq has confirmed work is underway to reduce the price of the dollar against a dinar in the coming days."
8-19-2024 Guru Nader From The Mid East The U.S. is not a hold up. You guys can call it like that but the US is not a hold up. They want to really help the economy in Iraq. Because they destroy it, now they want to build it again. They're waiting for the right moment to put it back normal.
8-19-2024 Newshound Guru Jeff The middle of Iraq's fiscal budget period...has everything to do with the timing of the rate change...
8-19-2024 Newshound Guru Militia Man Article: "Government advisor explains the possibility of using the dinar instead of the dollar in oil sales" Saleh...is educating the people...They're keeping it fresh in the citizens minds as there's a likelihood there's going to be a big change coming. That will likely reflect the flexible exchange rate system.
8-19-2024 Newshound Guru Clare Article: "Government advisor explains the possibility of using the dinar instead of the dollar in oil sales" Quote: "Will it be a fixed exchange system supported by foreign reserves or will it be a flexible exchange system in which the (petrodinar) changes with the change in oil prices? These are paths that have no answers on the ground and are really very ambiguous"
8-19-2024 Newshound Guru Samson Article: ”Government advisor explains the possibility of using the dinar instead of the dollar in oil sales"
8-19-2024 Intel Guru MarkZ [via PDK] Comment: Many pundits are saying the 20th and 21st could be our big day. MarkZ: yes – a lot of the pundits say this…and I am getting the same from top bond contacts, group leaders –you name it. It certainly makes me feel a little excited…but going to stay grounded ...There are still great expectations from everyone...and I know some people who are heading to their locations on Monday for preparations…So I am hoping Tuesday actually means something.
8-19-2024 Newshound/Intel Guru Mnt Goat Article quote: “that the government is demanding guarantees for non – substituent currency back to the markets”. This means the reinstatement back to the FOREX trading markets. The CBI wants guarantees that once they begin the process of the Project to Delete the Zeros, it will go all the way to the reinstatement. So is this not what my CBI contact also told us?
8-19-2024 Newshound Guru Clare Article: "urgent... In numbers.. The Central Bank buys dollars from the Ministry of Finance in an unprecedented move since 2003" Quote: "this rate will rise in the coming months with the Central Bank's inability to meet the need for Iraqi dinars, which may force it to increase the issued monetary mass to meet the ministry's expenditure needs."
8-19-2024 Newshound Guru Samson "Al-Sudani's advisor announces: Two missiles have returned negotiations to the US forces' withdrawal to square one"
8-19-2024 Intel Guru RayRen98 I'M BEING TOLD THE WORLD COURT "CLEARED" A FORMAL COMPLAINT TODAY AND TOMORROW IS A DEFINITE POSSIBILITY.
8-19-2024 Newshound Guru Breitling We [The United States] are circling the wagons. If we circle the wagons we're going to cut the economy off of Iraq and we're going to make them hurt. That's not good for the Iraqi dinar.
8-19-2024 Newshound/Intel Guru Fnu Lnu It has now been announced that the US troops will not be leaving Iraq...The United States will never, in the foreseeable future, be leaving Iraq. We simply have too much invested in them to have another Afghanistan style departure. The USA is there to stay!
8-19-2024 Newshound/Intel Guru Walkingstick [Iraqi Bank friend Aki in Michigan] The monetary reform is very solid. Things are looking good...What happened with the CBI governor, he's not going anywhere. The government can't fire Alaq in the same way Maliki fired the governor of the CBI Dr. Shabibi. Maliki had no authority, he had no right to fire Dr. Shabibi. Dr. Shabibi went and worked with the US Treasury to make sure the monetary reform plan was completed...
8-19-2024 Guest Guru Zester [MarkZ's son] [Pops (MarkZ) is currently undergoing the stem cell treatment. He is in good spirits. He will give an update as soon as he can about the first treatment. Please keep pops in your thoughts and prayers.] I am hoping this is the week we are all blessed...keeping my fingers crossed it happens in the next couple of days…but, no one knows. If it was my choice it would have happened years ago. But I am confident it will happen.
8-19-2024 Newshound Guru Militia Man Article: "Central Bank of Iraq to the News: We are working to reduce the price of the dollar in the coming days" To be fair, that statement could be misleading because it's not Iraq's job to do anything to the United States currency value. They don't have any control over it, period. But what they do have control over is the dinar, that petro-dinar. They can change the value of the currency. Alaq said the delete the zeros project is still in play...If they raise the value of the Iraq dinar, obviously the value the currency in respect to that ratio is going to change.
8-19-2024 Newshound Guru Samson Article: "Central Bank of Iraq to the News: We are working to reduce the price of the dollar in the coming days" Quote: "The Deputy Governor of the Central Bank of Iraq has confirmed work is underway to reduce the price of the dollar against a dinar in the coming days."
8-19-2024 Guru Nader From The Mid East The U.S. is not a hold up. You guys can call it like that but the US is not a hold up. They want to really help the economy in Iraq. Because they destroy it, now they want to build it again. They're waiting for the right moment to put it back normal.
8-19-2024 Newshound Guru Jeff The middle of Iraq's fiscal budget period...has everything to do with the timing of the rate change...
8-19-2024 Newshound Guru Militia Man Article: "Government advisor explains the possibility of using the dinar instead of the dollar in oil sales" Saleh...is educating the people...They're keeping it fresh in the citizens minds as there's a likelihood there's going to be a big change coming. That will likely reflect the flexible exchange rate system.
8-19-2024 Newshound Guru Clare Article: "Government advisor explains the possibility of using the dinar instead of the dollar in oil sales" Quote: "Will it be a fixed exchange system supported by foreign reserves or will it be a flexible exchange system in which the (petrodinar) changes with the change in oil prices? These are paths that have no answers on the ground and are really very ambiguous"
8-19-2024 Newshound Guru Samson Article: ”Government advisor explains the possibility of using the dinar instead of the dollar in oil sales"
8-19-2024 Intel Guru MarkZ [via PDK] Comment: Many pundits are saying the 20th and 21st could be our big day. MarkZ: yes – a lot of the pundits say this…and I am getting the same from top bond contacts, group leaders –you name it. It certainly makes me feel a little excited…but going to stay grounded ...There are still great expectations from everyone...and I know some people who are heading to their locations on Monday for preparations…So I am hoping Tuesday actually means something.
8-19-2024 Newshound/Intel Guru Mnt Goat Article quote: “that the government is demanding guarantees for non – substituent currency back to the markets”. This means the reinstatement back to the FOREX trading markets. The CBI wants guarantees that once they begin the process of the Project to Delete the Zeros, it will go all the way to the reinstatement. So is this not what my CBI contact also told us?
8-18-2024 Newshound Guru Militia Man Just because you've been in it 20 years doesn't mean anything to me. I love you and I care about that. I respect it but if you're down and out all the time and you're saying, 'I've heard this before.' It's not true. Don't lie to yourself. All this data we're having right now is fresh. It's new. It's totally different than it was 20 years ago, 10 years ago, since Sudani got in office...Everything we're showing is in black and white. A lot of people out there have a darn good idea that change is coming...
8-18-2024 Intel Guru Frank26 Question: "Do you think the lower notes are loaded in the ATM machines?" Do I think it at this moment? No. They would be too vulnerable. Very soon IMO though.
8-18-2024 Newshound Guru Breitling The idea of talking about the governor of [the CBI] resigning is a big deal. Who knows they might turn this thing around. We don't expect perfection but we're done with the money laundering. We're done with terrorist groups using Iraqi banks. We're sick of it so we're going to stop it. Republican or Democrat, just so you know, we're going to stop it.
8-18-2024 Newshound Guru Sandy Ingram Iraq just delayed the US group exit. It's a big deal. Iraq has chosen to delay the announcement of a departure date for the US-led military coalition. This comes amidst escalating tensions between Israel and Iran...Currently around 2,500 US troops remain in Iraq...This delay in setting a withdrawal date underscores the Iraqi government's challenging position amidst internal and external pressures. Stay tuned for more updates as this situation continues to unfold.
8-18-2024 Newshound/Intel Guru Mnt Goat Article: "BANKS OF “POWERFUL POLITICIANS” AFFECT EXCHANGE RATES, IRAQ FACES “INTERNATIONAL PRESSURE” The US Treasury is now parked in the CBI building and is not going anywhere until the dollar sales is controlled and the parallel rate matches (or is very close to) the dinar rate... this move by the US Treasury was so that they could move to the next step of the currency reform. So it is a very positive thing for us investors...
8-18-2024 Newshound Guru Clare Article: "Trade discusses the mechanism for Iraq's accession to the World Trade Points Federation" Quote: "The Private Sector Development Department discussed with the Departments of Foreign Economic Relations and Administrative and Financial Affairs at the Ministry of Trade, the mechanism for Iraq's accession to the Federal Union of World
Trade Points, the legal procedures for joining, and the benefits that the Iraqi sectors will obtain."
8-18-2024 Newshound Guru Militia Man Article: "US Treasury takes control of Iraq's Central Bank to combat money laundering" They said that on August 3rd. It's confirming the US Treasury Department has taken permanent headquarters in the Central Bank of Iraq building. Why in the world would they do that if there wasn't something important...They're going to put the fire under them... Quote: "The central bank was forced to allocate..." Those are pretty heavy words. Powerful.
8-18-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh...was talking about...raising the value of the currency. He talked about it for 45 minutes. FRANK: These are the people we want to listen to. They're the ones that Sudani is sending out to them...Everyday seems to be filled with monetary reform education to you Iraqi citizens. Don't you love it because this is what is supposed to be happening right now. They are preparing you for what they're going to give you, what they promised you. You are so close to receiving everything that they were talking to you about...
8-18-2024 Intel Guru Babysmom WE SURELY ARE NOT IN THE SAME POSITION WE HAVE BEEN IN PAST YEARS...THIS IS DEFINITELY A DIFFERENT PLACE THAN WE HAVE EVER BEEN...OUR BEST IS YET TO COME!...
8-18-2024 Intel Guru Frank26 Question: "Do you think the lower notes are loaded in the ATM machines?" Do I think it at this moment? No. They would be too vulnerable. Very soon IMO though.
8-18-2024 Newshound Guru Breitling The idea of talking about the governor of [the CBI] resigning is a big deal. Who knows they might turn this thing around. We don't expect perfection but we're done with the money laundering. We're done with terrorist groups using Iraqi banks. We're sick of it so we're going to stop it. Republican or Democrat, just so you know, we're going to stop it.
8-18-2024 Newshound Guru Sandy Ingram Iraq just delayed the US group exit. It's a big deal. Iraq has chosen to delay the announcement of a departure date for the US-led military coalition. This comes amidst escalating tensions between Israel and Iran...Currently around 2,500 US troops remain in Iraq...This delay in setting a withdrawal date underscores the Iraqi government's challenging position amidst internal and external pressures. Stay tuned for more updates as this situation continues to unfold.
8-18-2024 Newshound/Intel Guru Mnt Goat Article: "BANKS OF “POWERFUL POLITICIANS” AFFECT EXCHANGE RATES, IRAQ FACES “INTERNATIONAL PRESSURE” The US Treasury is now parked in the CBI building and is not going anywhere until the dollar sales is controlled and the parallel rate matches (or is very close to) the dinar rate... this move by the US Treasury was so that they could move to the next step of the currency reform. So it is a very positive thing for us investors...
8-18-2024 Newshound Guru Clare Article: "Trade discusses the mechanism for Iraq's accession to the World Trade Points Federation" Quote: "The Private Sector Development Department discussed with the Departments of Foreign Economic Relations and Administrative and Financial Affairs at the Ministry of Trade, the mechanism for Iraq's accession to the Federal Union of World
Trade Points, the legal procedures for joining, and the benefits that the Iraqi sectors will obtain."
8-18-2024 Newshound Guru Militia Man Article: "US Treasury takes control of Iraq's Central Bank to combat money laundering" They said that on August 3rd. It's confirming the US Treasury Department has taken permanent headquarters in the Central Bank of Iraq building. Why in the world would they do that if there wasn't something important...They're going to put the fire under them... Quote: "The central bank was forced to allocate..." Those are pretty heavy words. Powerful.
8-18-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh...was talking about...raising the value of the currency. He talked about it for 45 minutes. FRANK: These are the people we want to listen to. They're the ones that Sudani is sending out to them...Everyday seems to be filled with monetary reform education to you Iraqi citizens. Don't you love it because this is what is supposed to be happening right now. They are preparing you for what they're going to give you, what they promised you. You are so close to receiving everything that they were talking to you about...
8-18-2024 Intel Guru Babysmom WE SURELY ARE NOT IN THE SAME POSITION WE HAVE BEEN IN PAST YEARS...THIS IS DEFINITELY A DIFFERENT PLACE THAN WE HAVE EVER BEEN...OUR BEST IS YET TO COME!...
8-17-2024 Intel Guru Frank26 Question: "What are you looking for next?" I'm looking for Sudani to come out and show the Iraqi citizens their new currency, their lower notes in whatever fashion that he'll take.
8-17-2024 Newshound Guru Militia Man The Untied States Treasury has a floor at the Central bank, a whole one. They're not going away. The smuggling of hard currency is about to get a rude awakening...That cash cow people were sapping into that was in the billions of dollars auctions, looks like it's going to be going away as we know it...All that is going to dry up fast.
8-17-2024 Intel Guru Wolverine [via Judy Byington] Exciting things have happened, but I’m not allowed to say what. People are expecting something Sun. night 18 Aug...get ready.
8-17-2024 Newshound Guru Breitling Question: "I feel the RV will happen perhaps in a few months rather than years. Do you anticipate the exchange rate will be close to the same no matter which bank or exchange entity?" The rate is the rate. If a bank charges a percentage to exchange that's on the bank. You're going to have to shop. No body knows...There's no way to know what banks will charge to exchange but I'm pretty sure they'll be competitive.
8-17-2024 Newshound Guru Kaperoni Community Comment: "Seems like there's some good news & some so not good. I have the feeling we aren't close, by a long shot." I pointed out a few months ago that Iraq was ending the currency auction at the end of this year. Nothing is going to happen with the dinar until after that and they begin to diversify their economy.
8-17-2024 Intel Guru Frank26 Question: "How long do you think the US Treasury will be in Iraq? Are they staying to see the finish?" IMO yes.
8-17-2024 Guru Nader From The Mid East 1310...1160...1400 never worked. They just come out with number and give it to us and sometime you wake up and they take 1310 and sometime you can wake up and they tell you 1160 and sometime 1400...Don't tell me it worked because I know in my heart it's not 1310. It never worked for 21 years. It made the people poor. It made the economy bad. If it's going to stay like that the next couple of years it's going to make the economy worse. They're going to have to change it.
8-17-2024 Newshound Guru Militia Man Article: "Baghdad investigates the region's salaries and sends a monitoring committee to audit the 'spacemen' " The corrupt are going to get exposed. Paying double and or to fake people is not going to fly with the new systems in place. Skimming off the top is going to have to stop. I would suspect it will quickly too...
8-17-2024 Intel Guru Frank26 Question: "As far as the training videos, are there any more subjects remaining with the RI and monetary reform that the Iraqi have not seen?" Yes. Right now they're teaching them about the float. They hadn't seen that up until two days ago.
8-17-2024 Intel Guru MarkZ [via PDK] Question: Do you think the rate is going to float? MarkZ: I do not. But if there is – I was told the float would be very managed and slow...
8-17-2024 Intel Guru Bruce [via WiserNow] When do we get notified? The latest information has been all over the place...but I can tell you the latest information that I believe is reliable is saying we will receive notifications sometime Tuesday...That would be the 20th...And that would be great. Then we probably will be setting our appointments, more than likely, for Wednesday, with some possibility of Tuesday afternoon...
8-17-2024 Newshound Guru Militia Man The Untied States Treasury has a floor at the Central bank, a whole one. They're not going away. The smuggling of hard currency is about to get a rude awakening...That cash cow people were sapping into that was in the billions of dollars auctions, looks like it's going to be going away as we know it...All that is going to dry up fast.
8-17-2024 Intel Guru Wolverine [via Judy Byington] Exciting things have happened, but I’m not allowed to say what. People are expecting something Sun. night 18 Aug...get ready.
8-17-2024 Newshound Guru Breitling Question: "I feel the RV will happen perhaps in a few months rather than years. Do you anticipate the exchange rate will be close to the same no matter which bank or exchange entity?" The rate is the rate. If a bank charges a percentage to exchange that's on the bank. You're going to have to shop. No body knows...There's no way to know what banks will charge to exchange but I'm pretty sure they'll be competitive.
8-17-2024 Newshound Guru Kaperoni Community Comment: "Seems like there's some good news & some so not good. I have the feeling we aren't close, by a long shot." I pointed out a few months ago that Iraq was ending the currency auction at the end of this year. Nothing is going to happen with the dinar until after that and they begin to diversify their economy.
8-17-2024 Intel Guru Frank26 Question: "How long do you think the US Treasury will be in Iraq? Are they staying to see the finish?" IMO yes.
8-17-2024 Guru Nader From The Mid East 1310...1160...1400 never worked. They just come out with number and give it to us and sometime you wake up and they take 1310 and sometime you can wake up and they tell you 1160 and sometime 1400...Don't tell me it worked because I know in my heart it's not 1310. It never worked for 21 years. It made the people poor. It made the economy bad. If it's going to stay like that the next couple of years it's going to make the economy worse. They're going to have to change it.
8-17-2024 Newshound Guru Militia Man Article: "Baghdad investigates the region's salaries and sends a monitoring committee to audit the 'spacemen' " The corrupt are going to get exposed. Paying double and or to fake people is not going to fly with the new systems in place. Skimming off the top is going to have to stop. I would suspect it will quickly too...
8-17-2024 Intel Guru Frank26 Question: "As far as the training videos, are there any more subjects remaining with the RI and monetary reform that the Iraqi have not seen?" Yes. Right now they're teaching them about the float. They hadn't seen that up until two days ago.
8-17-2024 Intel Guru MarkZ [via PDK] Question: Do you think the rate is going to float? MarkZ: I do not. But if there is – I was told the float would be very managed and slow...
8-17-2024 Intel Guru Bruce [via WiserNow] When do we get notified? The latest information has been all over the place...but I can tell you the latest information that I believe is reliable is saying we will receive notifications sometime Tuesday...That would be the 20th...And that would be great. Then we probably will be setting our appointments, more than likely, for Wednesday, with some possibility of Tuesday afternoon...
8-16-2024 Guru Nader From The Mid East [Iraq former government/UN employee friend Imad from Basra update] Question: "Have they come out with the new notes in Iraq?" No. They working on it.
8-16-2024 Intel Guru MarkZ [via PDK] Question: So Mark could RV happen tomorrow night? MarkZ: We don’t know, but there certainly is a tremendous amount of chatter...I have heard…that it has started and things are moving. I reached out to redemption people and banking folks…and they are on “stand-by” and have not been notified…yet. They have not yet been told “this is it”...I
believe the overall process has started. Maybe just not getting to the redemption part yet...I heard that they are hopeful they can do it before the first part of the week...
8-16-2024 Newshound Guru Buckeyetree Talking about new currency, lower notes, signifies to Iraqis that a rate change is coming with purchasing power, being able to buy more with less, the opposite of inflation. Alak and Sudani are holding back the lower notes till they can give them the new rate. The Iraqis win, and we win because a rate change is coming which requires new notes.
8-16-2024 Newshound Guru Samson Article: "Parliamentary Wealth: Oil and Gas Law Stalled in Government Halls"
8-16-2024 Intel Guru MarkZ [via PDK] From Iraq –they are offering achievement bonds and national bonds …and this is something they have not done since before the Iraqi invasion in 2002-2003. My finance ministry contact said to really focus on this. These are sovereign national achievement bonds that they are selling…he is telling me that this means they are from under US control. He says to watch for a new rate soon.
8-16-2024 Newshound Guru Militia Man Corruption...At the very last minute you're going to do something that's dramatic and you're going to create value, you're going to want to have all the bad folks under the gun and maybe even notified prior to that we got your number...
8-16-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
We see Saleh again on TV. This is the second time he talks to us now about the float. He's saying the float can be adventurous. We intend to have it fixed. Ours will be fixed or managed float. That is what's best at this time for Iraq and our currency. He went and talked about how...we went from 11,000 ATMs to over 55,000...in gas stations alone... FRANK: Ever since the United States Treasury showed up last week they just cannot stop talking to you every day on the television about the success of the monetary reform...new lower notes...the new exchange rate...Now it's gone way deeper into the float.
8-16-2024 Newshound/Intel Guru Mnt Goat Article quote: “introduction of new currency does not mean the destruction of ancient coins, but it will continue to trade to about ten years”. How can this possibly...“lop” when they will continue trade and use these larger three zero notes in the background for 10 more years after they complete the Project...So no more negative stuff about a LOP…please!
8-16-2024 Intel Guru MarkZ [via PDK] Question: Any word on the HCL in Iraq? MarkZ: It is still back in the Parliamentary committee to rewrite a few of the paragraphs…then it will go to parliament…which could be any day… When it is approved you won’t have to ask…I will be screaming it out…
8-16-2024 Intel Guru MarkZ [via PDK] Question: So Mark could RV happen tomorrow night? MarkZ: We don’t know, but there certainly is a tremendous amount of chatter...I have heard…that it has started and things are moving. I reached out to redemption people and banking folks…and they are on “stand-by” and have not been notified…yet. They have not yet been told “this is it”...I
believe the overall process has started. Maybe just not getting to the redemption part yet...I heard that they are hopeful they can do it before the first part of the week...
8-16-2024 Newshound Guru Buckeyetree Talking about new currency, lower notes, signifies to Iraqis that a rate change is coming with purchasing power, being able to buy more with less, the opposite of inflation. Alak and Sudani are holding back the lower notes till they can give them the new rate. The Iraqis win, and we win because a rate change is coming which requires new notes.
8-16-2024 Newshound Guru Samson Article: "Parliamentary Wealth: Oil and Gas Law Stalled in Government Halls"
8-16-2024 Intel Guru MarkZ [via PDK] From Iraq –they are offering achievement bonds and national bonds …and this is something they have not done since before the Iraqi invasion in 2002-2003. My finance ministry contact said to really focus on this. These are sovereign national achievement bonds that they are selling…he is telling me that this means they are from under US control. He says to watch for a new rate soon.
8-16-2024 Newshound Guru Militia Man Corruption...At the very last minute you're going to do something that's dramatic and you're going to create value, you're going to want to have all the bad folks under the gun and maybe even notified prior to that we got your number...
8-16-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
We see Saleh again on TV. This is the second time he talks to us now about the float. He's saying the float can be adventurous. We intend to have it fixed. Ours will be fixed or managed float. That is what's best at this time for Iraq and our currency. He went and talked about how...we went from 11,000 ATMs to over 55,000...in gas stations alone... FRANK: Ever since the United States Treasury showed up last week they just cannot stop talking to you every day on the television about the success of the monetary reform...new lower notes...the new exchange rate...Now it's gone way deeper into the float.
8-16-2024 Newshound/Intel Guru Mnt Goat Article quote: “introduction of new currency does not mean the destruction of ancient coins, but it will continue to trade to about ten years”. How can this possibly...“lop” when they will continue trade and use these larger three zero notes in the background for 10 more years after they complete the Project...So no more negative stuff about a LOP…please!
8-16-2024 Intel Guru MarkZ [via PDK] Question: Any word on the HCL in Iraq? MarkZ: It is still back in the Parliamentary committee to rewrite a few of the paragraphs…then it will go to parliament…which could be any day… When it is approved you won’t have to ask…I will be screaming it out…
8-15-2024 Newshound Guru Militia Man What I bring has data behind it. I'm not just making it up or just getting phone calls. I'm actually doing the work. I put it together. It takes a lot of time to put all the work together. I like doing it because it does help so many people...You're not the only ones that are tired. Everybody in our crews can be tired at times. We all need to support...
8-15-2024 Intel Guru RayRen98 IT SEEMS THERE WAS AN ISSUE ACROSS THE POND HOLDING THINGS UP, BUT SUPPOSEDLY THAT HAS CLEARED AND RESOLVED.
8-15-2024 Intel Guru Frank26 CBI document released [Sunday] This is good. What is the reason why we don't have the monetary reform? B
8-15-2024 Intel Guru RayRen98 IT SEEMS THERE WAS AN ISSUE ACROSS THE POND HOLDING THINGS UP, BUT SUPPOSEDLY THAT HAS CLEARED AND RESOLVED.
8-15-2024 Intel Guru Frank26 CBI document released [Sunday] This is good. What is the reason why we don't have the monetary reform? B