1-19-2020 Newshound Guru MilitiaMan "Religious reference to Trump: The Iraqi government is transferring hard currencies to Iran ... We ask you to protect our money" Maybe this is why [Guru] Frank26 mentioned...the "time is now!" Did DJT get the letter above and give an "insistence" to make sure their money is safe and sound!? Re - Instating their currency will be a safety measure, as it protects the wealth of the nation, right? We shall see and I suspect that time now is ripe for them to be prepared to report what they may have done or will have done in due course. The articles suggest they are ready to give the 2020 budget draft to the parliament. Well imo not to break the good news to ya'll on that, but, the 2019 Financial Management Law Amendment will need to precede that...imo. That is where what it all revolves around and that is about the mechanism that is in or is the 2019 FML amendment! Just as the protection of their money does... They have been protecting the information in the 2019 FML for a very long time. imo.
1-19-2020 Newshound/Intel Guru Mnt Goat Article: "CURRENT 2020 BUDGET IS READY IN THE MINISTRY OF FINANCE. THE BUDGET WAS APPROVED BY THE CABINET BEFORE THE RESIGNATION OF THE GOVERNMENT" So here it is again in yet another article. The 2020 budget was ready when Mahdi resigned. So why didn’t he pass it on to parliament prior to resigning? We know why and its because he wanted to create this budget crisis and hold up progress.
1-19-2020 Intel Guru Frank26 Because the banks are communicating with the Central Bank and the central bank is talking, 'Hey it's time. Give us all those 3 zeros you've collected...we're going to replace it with currency you are not to give to the citizens...You know those small category notes that we've already delivered to you? That's what you're gonna deliver to the citizens.' And the key thing is when and at what rate...I don't know the date and I don't know the rate but I do know that it's happening because the Central Bank of Iraq is saying this is what we're doing [and all the signs are pointing that way.] Tremendous signs....I'm excited about the future with this currency
1-19-2020 Newshound Guru MilitiaMan Article: "Al-Fateh reveals an intention to elect the Prime Minister directly from the people" This is why imo there is no hold up with the PM in regards to monetary reforms. The caretaker government is in place and can facilitate the 2019 FML Amendment that was completed long before and even prior to the resignation of Mahdi! The elites and educated know this and will massage things in order to get a non dialectic Prime Minister. The Monetary Reforms will need to be met regardless now with the liquidity issues they’ll be facing shortly if not already now. Imo.
1-19-2020 Intel Guru Frank26 ...I feel IMO that the government of Iraq and the CBI are two different things. Separate male-female and yet ironically enough you need the two to create something beautiful. Life. The CBI is working on raising the value of the Iraqi dinar and the GOI is also working on cleaning itself out. Well it turns out that just 3 days ago Trump went into the CBI and they arrested people left and right. They're cleaning the swamp so that the country of Iraq can stand by itself and have their own currency and be proud of it. And that's what's going on right now...
1-19-2020 Newshound Guru MilitiaMan Article: "Deputy: The budget law will arrive in the coming hours in parliament" There is a difference between the 2020 Budget Law and the 2019 FML Amendment. Imo This is for and is to be used for after the exposure of the 2019 FML Amendment which will be the mechanism for international trade. In other words, our expectations will be met prior to ever opening the doors internationally. Here again it is said days before Mahdi resigned that the 2020 Budget law was signed before Mahdi resigned.. The powers that be behind the scenes know full well how the system works and have been prepared and on top of things even with all the antics thrown at them by the corrupt...
1-19-2020 Newshound/Intel Guru Mnt Goat Article: "CURRENT 2020 BUDGET IS READY IN THE MINISTRY OF FINANCE. THE BUDGET WAS APPROVED BY THE CABINET BEFORE THE RESIGNATION OF THE GOVERNMENT" So here it is again in yet another article. The 2020 budget was ready when Mahdi resigned. So why didn’t he pass it on to parliament prior to resigning? We know why and its because he wanted to create this budget crisis and hold up progress.
1-19-2020 Intel Guru Frank26 Because the banks are communicating with the Central Bank and the central bank is talking, 'Hey it's time. Give us all those 3 zeros you've collected...we're going to replace it with currency you are not to give to the citizens...You know those small category notes that we've already delivered to you? That's what you're gonna deliver to the citizens.' And the key thing is when and at what rate...I don't know the date and I don't know the rate but I do know that it's happening because the Central Bank of Iraq is saying this is what we're doing [and all the signs are pointing that way.] Tremendous signs....I'm excited about the future with this currency
1-19-2020 Newshound Guru MilitiaMan Article: "Al-Fateh reveals an intention to elect the Prime Minister directly from the people" This is why imo there is no hold up with the PM in regards to monetary reforms. The caretaker government is in place and can facilitate the 2019 FML Amendment that was completed long before and even prior to the resignation of Mahdi! The elites and educated know this and will massage things in order to get a non dialectic Prime Minister. The Monetary Reforms will need to be met regardless now with the liquidity issues they’ll be facing shortly if not already now. Imo.
1-19-2020 Intel Guru Frank26 ...I feel IMO that the government of Iraq and the CBI are two different things. Separate male-female and yet ironically enough you need the two to create something beautiful. Life. The CBI is working on raising the value of the Iraqi dinar and the GOI is also working on cleaning itself out. Well it turns out that just 3 days ago Trump went into the CBI and they arrested people left and right. They're cleaning the swamp so that the country of Iraq can stand by itself and have their own currency and be proud of it. And that's what's going on right now...
1-19-2020 Newshound Guru MilitiaMan Article: "Deputy: The budget law will arrive in the coming hours in parliament" There is a difference between the 2020 Budget Law and the 2019 FML Amendment. Imo This is for and is to be used for after the exposure of the 2019 FML Amendment which will be the mechanism for international trade. In other words, our expectations will be met prior to ever opening the doors internationally. Here again it is said days before Mahdi resigned that the 2020 Budget law was signed before Mahdi resigned.. The powers that be behind the scenes know full well how the system works and have been prepared and on top of things even with all the antics thrown at them by the corrupt...
1-18-2020 Intel Guru Frank26 ...what if there was a date for the stoppage of the auctions? ...what if Trump gave the CBI a date of when to stop the auctions? ...if there is any possibility of that being true, it's over. Stopping the auction and restricting the American dollar to be used inside of Iraq. Wow. It would crush Iraq. They would fall to their knees financially. They'd have to raise the value quickly. So you stopped the auctions Mr. President, how long can they hold their breath? Probably as long as a human being can. 30 seconds if that...they would have no choice but to do something with their currency. Add value to it. Bring out the new small category notes. Change the exchange rate...this is a good and positive thing for the monetary reform....
1-18-2020 Newshound Guru MilitiaMan ...they will have to report at some point the rate for January, as that is a transparency issue for the world at large. A key indicator is that they massively reduced the note count and have populated the banks with new small category notes And fils now from what we here. What the data to me supports is that the credit transfers ceasing in the end September 2019, the loan modifications happening just a month later real close and the present the lack of some reporting by the CBI now of critical items aforementioned earlier (Nov 30) shows me the CBI has openly shown us that a significant rate change is coming soon!! ...In the end the evidence from the CBI supports imo, we are going to see them paid...Report and internationally accepted rate and have it reported by 01/31/2020, in my honest opinion that is 100% now, aside from an act of God ... and the CBI does exactly as they have shown they are doing! [post 2 of 2]
1-18-2020 Newshound Guru MilitiaMan Today we see an article about a company in Mosul having 10 offices to exchange again after many years both inside and out outside Iraq! They will need to be able to do so now, as this month’s exchange rate will need to be reported accordingly in regard to a rate! Imo The CBI published a rate for year end Dec 2019 at 1182 on December 31. They have not as of yesterday updated the data for Dec 2019 as they did for November 2019 for things like the reduction of money, the amount of money to commercial banks, yet. We know they modified those latter two on November 30th and published the modification on 12/08/2019...So it appears they are holding back reporting of those crucial numbers for a reason. Imo That is possibly because they can and will if need be for sensitivity related issues, such as a rate disclosure or exposure of any, and the timing of it or them accordingly, will be kept quiet until the very end. [post 1 of 2....stay tuned]
1-18-2020 Newshound Guru Kaperoni ...Guru Mtn Goat seems to think the CBI has issued a 100k dinar note. The CBI specifically stated several months ago their was no need for such a note and I have not heard or seen one in the public or press... [reference Guru Mnt Goat post 1-17-2020...Parts 1 & 2]
1-18-2020 Intel Guru Frank26 Now due to the article about many being arrested from the CBI this situation called the monetary reform it has turned into, insistence! It has turned into an insistence! NOW! [Guru] Walkingstick told me President Trump is putting pressure on them like you have no idea...
1-18-2020 Newshound/Intel Guru Mnt Goat ...I want to caution everyone in believing that Iraq needs a robust economy or that they need a partial or total reconstruction of their country to reinstate their currency...These ideas of needing a robust economy and a reconstructed Iraq is NOT the case. In fact, it is just the opposite. Iraq will need the funds from the reinstatement and the currency to attract investors and the funding for the reconstruction effort...Why in hell are we seeing all of a sudden, the US pushing to get rid of the Iranian influence and all its corrupt politicians from Iraq. Folks – it is time for the reinstatement and the US must secure its investment along with China. The CBI is ready and the world is ready for Iraq. It is time….
1-18-2020 Newshound Guru MilitiaMan ...they will have to report at some point the rate for January, as that is a transparency issue for the world at large. A key indicator is that they massively reduced the note count and have populated the banks with new small category notes And fils now from what we here. What the data to me supports is that the credit transfers ceasing in the end September 2019, the loan modifications happening just a month later real close and the present the lack of some reporting by the CBI now of critical items aforementioned earlier (Nov 30) shows me the CBI has openly shown us that a significant rate change is coming soon!! ...In the end the evidence from the CBI supports imo, we are going to see them paid...Report and internationally accepted rate and have it reported by 01/31/2020, in my honest opinion that is 100% now, aside from an act of God ... and the CBI does exactly as they have shown they are doing! [post 2 of 2]
1-18-2020 Newshound Guru MilitiaMan Today we see an article about a company in Mosul having 10 offices to exchange again after many years both inside and out outside Iraq! They will need to be able to do so now, as this month’s exchange rate will need to be reported accordingly in regard to a rate! Imo The CBI published a rate for year end Dec 2019 at 1182 on December 31. They have not as of yesterday updated the data for Dec 2019 as they did for November 2019 for things like the reduction of money, the amount of money to commercial banks, yet. We know they modified those latter two on November 30th and published the modification on 12/08/2019...So it appears they are holding back reporting of those crucial numbers for a reason. Imo That is possibly because they can and will if need be for sensitivity related issues, such as a rate disclosure or exposure of any, and the timing of it or them accordingly, will be kept quiet until the very end. [post 1 of 2....stay tuned]
1-18-2020 Newshound Guru Kaperoni ...Guru Mtn Goat seems to think the CBI has issued a 100k dinar note. The CBI specifically stated several months ago their was no need for such a note and I have not heard or seen one in the public or press... [reference Guru Mnt Goat post 1-17-2020...Parts 1 & 2]
1-18-2020 Intel Guru Frank26 Now due to the article about many being arrested from the CBI this situation called the monetary reform it has turned into, insistence! It has turned into an insistence! NOW! [Guru] Walkingstick told me President Trump is putting pressure on them like you have no idea...
1-18-2020 Newshound/Intel Guru Mnt Goat ...I want to caution everyone in believing that Iraq needs a robust economy or that they need a partial or total reconstruction of their country to reinstate their currency...These ideas of needing a robust economy and a reconstructed Iraq is NOT the case. In fact, it is just the opposite. Iraq will need the funds from the reinstatement and the currency to attract investors and the funding for the reconstruction effort...Why in hell are we seeing all of a sudden, the US pushing to get rid of the Iranian influence and all its corrupt politicians from Iraq. Folks – it is time for the reinstatement and the US must secure its investment along with China. The CBI is ready and the world is ready for Iraq. It is time….
1-17-2020 Newshound/Intel Guru BGG Article: "The Central Bank of Iraq file … an employee reveals the hidden" Quote: “White House sources assured her that the US administration has started investigations with senior influential employees of the Central Bank of Iraq after it became clear that pro-Iranian banks are trying to break US economic sanctions by smuggling the dollar to Iran and its allies in the region.” Once the US gets serious about putting pressure on Iran through the CBI (of Iraq), it could well mean good news for us… with any luck at all. The end of the CBI currency auctions, which is the main door through which Iran transports US dollars into their economy, means the beginning of economic and currency reform in Iraq. This scenario may turn out to be the “Golden Unicorn” for us.
1-17-2020 Intel Guru Bruce [via WiserNow] ...we’re going to take you all the way to the end of this line...through the finish line – we know the finish is close...we’ve got a 3 day weekend coming up...We are probably going to start Tuesday with [800] numbers late morning and start of exchanges a couple hours later – that’s the scenario we’re hearing right now...Iraq is supposed to finally RV their currency Saturday and put their new rate in the gazette – FINALLY...we heard this a couple days ago that Saturday was supposed to be the day - that Iraq will do a full revaluation...I think we are really set to start...We’re in good shape...
1-17-2020 Newshound/Intel Guru Mnt Goat However, the banks could not circulate these 50k and 100k notes and they are meant only for “inter-banking” transactions ONLY. In other words, they do not go out to the general public and are ONLY to be used within the banks. Why would they need such large denominations? They need them now because they are getting ready for the “international Monetary Exchange” between countries. If they are going to shut off currency auctions and use strictly Iraqi dinar, they will need these much larger denominations. ...This is part of the overall monetary reform plan...No, we didn’t get our reinstatement yet but we did get this VERY good news this week. Things are still moving ahead and will continue until the day they pull the trigger. [post 2 of 2]
1-17-2020 Newshound/Intel Guru Mnt Goat There is some good news this week. ...when the banks turn in the larger 3 zero notes they get a “credit” from the CBI. This means the CBI owes them the sum of the balance of what they just turned in...So, this week the CBI started issuing 50k and 100k notes to the banks to satisfy these credits. Folks this is...really fantastic news for us. If you remember the 50k notes were already issued way back in 2003 but were quickly recalled since they did not serve their purpose at that time. Next remember we have been told many times that these larger 3 zero notes will “coincide” with the smaller category notes. So, these 50k and 100k notes fit right into what the CBI has been telling us all along. The best part of this story is they are NOW doing it. WOW! Are they getting ready for something? [post 1 of 2....stay tuned]
1-17-2020 Intel Guru MarkZ [via PDK] This morning they [Redemption Centers] are on call…not fully staffed today... Folks I talked with are now looking at early next week. I know we are close...and every time we have a 3 day weekend we all wonder “is this it?” My banking contacts still say we are here…right on top of it…but they have notoriously been wrong. Do I think they deliberately give me bad information? I think they have been given wrong information many times… [I think they (banks) smell...the frustration of people wanting to give up.] I agree…they smell how close this is...
1-17-2020 Newshound Guru Jeff It only cost Iraq $15 to extract oil out of the ground. Fifteen bucks for a barrel of oil and they're turning around selling it...around $65 a barrel...their deficit is under control...so we're looking good...
1-17-2020 Newshound Guru Kaperoni ...The auctions are still a problem and must continue for now to maintain stability of the exchange rate. The daily currency auctions cannot end until the CBI accepts IMF Article VIII and begins floating the dinar. [Reference Guru Frank26 two part post 1-16-2020]
1-17-2020 Intel Guru Bruce [via WiserNow] ...we’re going to take you all the way to the end of this line...through the finish line – we know the finish is close...we’ve got a 3 day weekend coming up...We are probably going to start Tuesday with [800] numbers late morning and start of exchanges a couple hours later – that’s the scenario we’re hearing right now...Iraq is supposed to finally RV their currency Saturday and put their new rate in the gazette – FINALLY...we heard this a couple days ago that Saturday was supposed to be the day - that Iraq will do a full revaluation...I think we are really set to start...We’re in good shape...
1-17-2020 Newshound/Intel Guru Mnt Goat However, the banks could not circulate these 50k and 100k notes and they are meant only for “inter-banking” transactions ONLY. In other words, they do not go out to the general public and are ONLY to be used within the banks. Why would they need such large denominations? They need them now because they are getting ready for the “international Monetary Exchange” between countries. If they are going to shut off currency auctions and use strictly Iraqi dinar, they will need these much larger denominations. ...This is part of the overall monetary reform plan...No, we didn’t get our reinstatement yet but we did get this VERY good news this week. Things are still moving ahead and will continue until the day they pull the trigger. [post 2 of 2]
1-17-2020 Newshound/Intel Guru Mnt Goat There is some good news this week. ...when the banks turn in the larger 3 zero notes they get a “credit” from the CBI. This means the CBI owes them the sum of the balance of what they just turned in...So, this week the CBI started issuing 50k and 100k notes to the banks to satisfy these credits. Folks this is...really fantastic news for us. If you remember the 50k notes were already issued way back in 2003 but were quickly recalled since they did not serve their purpose at that time. Next remember we have been told many times that these larger 3 zero notes will “coincide” with the smaller category notes. So, these 50k and 100k notes fit right into what the CBI has been telling us all along. The best part of this story is they are NOW doing it. WOW! Are they getting ready for something? [post 1 of 2....stay tuned]
1-17-2020 Intel Guru MarkZ [via PDK] This morning they [Redemption Centers] are on call…not fully staffed today... Folks I talked with are now looking at early next week. I know we are close...and every time we have a 3 day weekend we all wonder “is this it?” My banking contacts still say we are here…right on top of it…but they have notoriously been wrong. Do I think they deliberately give me bad information? I think they have been given wrong information many times… [I think they (banks) smell...the frustration of people wanting to give up.] I agree…they smell how close this is...
1-17-2020 Newshound Guru Jeff It only cost Iraq $15 to extract oil out of the ground. Fifteen bucks for a barrel of oil and they're turning around selling it...around $65 a barrel...their deficit is under control...so we're looking good...
1-17-2020 Newshound Guru Kaperoni ...The auctions are still a problem and must continue for now to maintain stability of the exchange rate. The daily currency auctions cannot end until the CBI accepts IMF Article VIII and begins floating the dinar. [Reference Guru Frank26 two part post 1-16-2020]
1-16-2020 Newshound Guru Jeff ...Parliament is going to be implementing about a month and a half long recess so they'll probably resume somewhere around early March...IMO I feel that what that is telling us is that they are not or can not even start the approval process of the budget until after the rate has changed...everything within Iraq right now is waiting on the rate change. The budget is waiting on the rate change now. All of the demonstrators demands are waiting on the rate change. Everything they did through the entire freaking year of '19 is waiting on the rate change. Guys it does not get any better than that. We're looking good...
1-16-2020 Newshound/Intel Guru Mnt Goat ...I know for a FACT that the corruption in Iraq has to be curbed in order for the reinstatement to take place. They need a stable government and to ensure the wealth of Iraq stays within Iraq... I...told everyone that my last talk with the CBI said that they were still moving along with the “project to delete the zeros” in spite of the turmoil with the government. Remember there are two parallel paths moving along. One path is the financial reforms of the CBI and the other is what the government has to do to support it. The path of the government is along the lines of security and stability. So, do you really think Iraq has a stable government right now? ...This could suddenly change but not yet. I know many of you are expecting me to give some sort of new timeline today but...I can not give a timeline since the prime minister first has to be nominated and then ratified in parliament. Once this is done, I will contact the CBI and see what I can find out. Now you know they will never give me an exact time but they do give me information that leads me to conclude what they might be up to. So, we sit and wait.
1-16-2020 Intel Guru MarkZ [via PDK] [...the CBI had many of their employees arrested today. Four major ones. And one that owned a bank...What was the results? Money was being sent to Iran...is the big reason why Donald Trump will stop the auctions...and that alone will force Iraq to do what you and I want them to do with the monetary reform.] ...I have not had a chance to follow up on that yet. I was told awhile ago that part of the reason this has drug out so long is Iranian influence in Iraq...and corruption in the CBI… I was told that part of the flare up in Iraq was removing the Iranian influence before the reset. So this is probably a good thing… [Reference Guru Frank26 two part post 1-16-2020]
1-16-2020 Newshound Guru Adam Montana POP QUIZ TIME! Who is the Prime Minister of Iraq? (Insert Jeopardy music...) Ok, time's up. The answer is: Abdul Mahdi! ...Yep, Abdul Mahdi. The same guy that was supposed to be replaced. Then the President of Iraq was also going to resign, and there was 15 days to resolve it all...Mahdi, who should have been replaced by now, is not looking like a PM that is on the way out! As a matter of fact...it looks to me like the whole resignation thing is almost blown over and forgotten. Maybe that was the plan from the beginning, or maybe it just worked out that way, but I stated back in November that I like Mahdi in his role. If he does indeed end up staying - and continues to actually govern...he's still a good person for that role, very capable of orchestrating the situation we need for a successful RV...closer and closer we inch, every single day!...
1-16-2020 Intel/Newshound Guru Frank26 ...IMO Trump is insisting to stop the usage of the American dollar through their auctions. Why? To play fair...what is happening is the reason why the auction are about to be shut down. What happens if they shut down the auctions? They have to use their own currency...you shut down those auctions President Trump and you force them to raise the value of their currency. You timed this brilliantly. Freaking brilliantly. [Post 2 of 2]
1-16-2020 Intel Guru MarkZ [via PDK] Not as noisy as I had expected after the trade deal yesterday…Just more static that we are right here on it and for us to be patient a little while longer. I was just really expecting a lot more after yesterday. I was expecting 800 numbers… I am still hearing things will be rolling out the next couple days. Redemption Centers are still fully staffed today...Iraqi contacts are still looking at the new rate to happen by Saturday Morning...
1-16-2020 Intel/Newshound Guru Frank26 ...the CBI had many of their employees arrested today. Four major ones. And one that owned a bank...What was the results? Money was being sent to Iran...what happened today...is the big reason why Donald Trump will stop the auctions...and that alone will force Iraq do do what you and I want them to do with the monetary reform...this will force their hand to do something to maintain the exchange rate that is stable right now by the sale of the American dollar through the auctions...this will force Iraq to lift the three zeros. It will force them to come out with the new small category notes, to have the new exchange rate come out... [Post 1 of 2]
1-16-2020 Newshound/Intel Guru Mnt Goat ...I know for a FACT that the corruption in Iraq has to be curbed in order for the reinstatement to take place. They need a stable government and to ensure the wealth of Iraq stays within Iraq... I...told everyone that my last talk with the CBI said that they were still moving along with the “project to delete the zeros” in spite of the turmoil with the government. Remember there are two parallel paths moving along. One path is the financial reforms of the CBI and the other is what the government has to do to support it. The path of the government is along the lines of security and stability. So, do you really think Iraq has a stable government right now? ...This could suddenly change but not yet. I know many of you are expecting me to give some sort of new timeline today but...I can not give a timeline since the prime minister first has to be nominated and then ratified in parliament. Once this is done, I will contact the CBI and see what I can find out. Now you know they will never give me an exact time but they do give me information that leads me to conclude what they might be up to. So, we sit and wait.
1-16-2020 Intel Guru MarkZ [via PDK] [...the CBI had many of their employees arrested today. Four major ones. And one that owned a bank...What was the results? Money was being sent to Iran...is the big reason why Donald Trump will stop the auctions...and that alone will force Iraq to do what you and I want them to do with the monetary reform.] ...I have not had a chance to follow up on that yet. I was told awhile ago that part of the reason this has drug out so long is Iranian influence in Iraq...and corruption in the CBI… I was told that part of the flare up in Iraq was removing the Iranian influence before the reset. So this is probably a good thing… [Reference Guru Frank26 two part post 1-16-2020]
1-16-2020 Newshound Guru Adam Montana POP QUIZ TIME! Who is the Prime Minister of Iraq? (Insert Jeopardy music...) Ok, time's up. The answer is: Abdul Mahdi! ...Yep, Abdul Mahdi. The same guy that was supposed to be replaced. Then the President of Iraq was also going to resign, and there was 15 days to resolve it all...Mahdi, who should have been replaced by now, is not looking like a PM that is on the way out! As a matter of fact...it looks to me like the whole resignation thing is almost blown over and forgotten. Maybe that was the plan from the beginning, or maybe it just worked out that way, but I stated back in November that I like Mahdi in his role. If he does indeed end up staying - and continues to actually govern...he's still a good person for that role, very capable of orchestrating the situation we need for a successful RV...closer and closer we inch, every single day!...
1-16-2020 Intel/Newshound Guru Frank26 ...IMO Trump is insisting to stop the usage of the American dollar through their auctions. Why? To play fair...what is happening is the reason why the auction are about to be shut down. What happens if they shut down the auctions? They have to use their own currency...you shut down those auctions President Trump and you force them to raise the value of their currency. You timed this brilliantly. Freaking brilliantly. [Post 2 of 2]
1-16-2020 Intel Guru MarkZ [via PDK] Not as noisy as I had expected after the trade deal yesterday…Just more static that we are right here on it and for us to be patient a little while longer. I was just really expecting a lot more after yesterday. I was expecting 800 numbers… I am still hearing things will be rolling out the next couple days. Redemption Centers are still fully staffed today...Iraqi contacts are still looking at the new rate to happen by Saturday Morning...
1-16-2020 Intel/Newshound Guru Frank26 ...the CBI had many of their employees arrested today. Four major ones. And one that owned a bank...What was the results? Money was being sent to Iran...what happened today...is the big reason why Donald Trump will stop the auctions...and that alone will force Iraq do do what you and I want them to do with the monetary reform...this will force their hand to do something to maintain the exchange rate that is stable right now by the sale of the American dollar through the auctions...this will force Iraq to lift the three zeros. It will force them to come out with the new small category notes, to have the new exchange rate come out... [Post 1 of 2]
1-15-2020 Intel Guru Frank26 [From Eddie (Firefly77) They are telling us on TV that The International Management law that was passed is a tool to be used when the rate is changed...relating to International Standards.] Wow. Let that sink in…the International Management law that was passed yesterday (amended) It was passed a while ago and the caretaker Govt. can only amend it….but they are telling the Iraqi citizens on TV that this law is a tool that will be used when the rate is changed!!! WHEN THE RATE IS CHANGED!!!! Relating to international standards!! In order for it to meet international standards it must be under article 8...seriously that is awesome.
1-15-2020 Intel Guru Bruce [via WiserNow] Now, what I’ve been told from several sources...is, shortly after the signature takes place...we do believe that we are on track for this to go...We’ve got 10-12 days to do our exchanges at the redemption centers – From whatever date we start...and then they will reset screen rates and so on for the public after the redemption centers are closed...We have the RV / GCR in our spirit – all we’re looking for now is the manifestation of it which we believe could very well be tomorrow [Wednesday]. [post 2 of 2]
1-15-2020 Intel Guru Bruce [via WiserNow] ...our Treasury Secretary - Mnuchin said that there was a chapter in the China Trade Agreement – One chapter that dealt with currencies...we know there are some things in that agreement that deal with our currencies - okay - I thought it was interesting that he brought that up in the interview...So, what I’m saying is; When President Trump puts his presidential signature and seal to this agreement tomorrow that in effect is locking in everything for us to move forward into our redemption period... [post 1 of 2....stay tuned]
1-15-2020 Intel Guru MarkZ Big expectant day today…China Trade deal signing today…All eyes and sources are fixed on this afternoon for things to break loose. My sources say the public signing is necessary for the reset release. At redemption Centers – they are fully staffed again today…going on week number 2 for full staffing…they are very expectant this week. I really feel we are in a fantastic spot today.
1-15-2020 Newshound Guru Jeff ...I spoke with my Iraqi contact who works within the Iraqi government...I asked him...could Iraq be transitioning to a different fiscal period from April through March? ...He could not give me an answer either way...the next question I asked him was, their 'when do you think Iraq might be completing 2020 budget' and he said they're gonna probably get to it a little bit later this year. They're just busy. They have a lot going on. He said they probably won't be completing the 2020 budget until the month of May...that raised a red flag with me. Here's what that might mean...there's a good chance that the Iraqi Government might not even start the voting process on the budget until after the rate changes which means they might not even start the budget until the month of April.
1-15-2020 Newshound Guru Kaperoni ...Can the dinar go up in value? Yes, and it may once they start getting a substantial amount of investment coming in to help rebuild the country. There is no overnight RV.
1-15-2020 Intel Guru Bruce [via WiserNow] Now, what I’ve been told from several sources...is, shortly after the signature takes place...we do believe that we are on track for this to go...We’ve got 10-12 days to do our exchanges at the redemption centers – From whatever date we start...and then they will reset screen rates and so on for the public after the redemption centers are closed...We have the RV / GCR in our spirit – all we’re looking for now is the manifestation of it which we believe could very well be tomorrow [Wednesday]. [post 2 of 2]
1-15-2020 Intel Guru Bruce [via WiserNow] ...our Treasury Secretary - Mnuchin said that there was a chapter in the China Trade Agreement – One chapter that dealt with currencies...we know there are some things in that agreement that deal with our currencies - okay - I thought it was interesting that he brought that up in the interview...So, what I’m saying is; When President Trump puts his presidential signature and seal to this agreement tomorrow that in effect is locking in everything for us to move forward into our redemption period... [post 1 of 2....stay tuned]
1-15-2020 Intel Guru MarkZ Big expectant day today…China Trade deal signing today…All eyes and sources are fixed on this afternoon for things to break loose. My sources say the public signing is necessary for the reset release. At redemption Centers – they are fully staffed again today…going on week number 2 for full staffing…they are very expectant this week. I really feel we are in a fantastic spot today.
1-15-2020 Newshound Guru Jeff ...I spoke with my Iraqi contact who works within the Iraqi government...I asked him...could Iraq be transitioning to a different fiscal period from April through March? ...He could not give me an answer either way...the next question I asked him was, their 'when do you think Iraq might be completing 2020 budget' and he said they're gonna probably get to it a little bit later this year. They're just busy. They have a lot going on. He said they probably won't be completing the 2020 budget until the month of May...that raised a red flag with me. Here's what that might mean...there's a good chance that the Iraqi Government might not even start the voting process on the budget until after the rate changes which means they might not even start the budget until the month of April.
1-15-2020 Newshound Guru Kaperoni ...Can the dinar go up in value? Yes, and it may once they start getting a substantial amount of investment coming in to help rebuild the country. There is no overnight RV.
1-14-2020 Newshound Guru Jeff Article "Al-Suri: closing the US Federal Account for Iraq means the country's total collapse" ...this article confirms that the oil revenue account is in the Federal Reserve Bank in New York...the US government has control over Iraq's wealth. There it is right there. Boom...this confirms Iraq's oil money is in the hands of the US government and we control it because of all the corruption they've had over the years...
1-14-2020 Newshound/Intel Guru Francis Albert I believe that the way this is structured, and only an opinion...Your Dinar, actual paper, will be presented to a bank who deals in International currencies, and they will exchange Dollars, (digital), to your account. Banks create these dollars on a computer. This is where the bulk of the "money" will come from. All currencies are debt instruments, all of them. And being a debt instrument, banks, and of course the FED that they own, monetize debt instruments...creating digital dollars on a computer and exchanging for the note in question: i.e. mortgage, care loan, credit card, and currencies. These actual notes then, IMO, will end up at US Treasury, via the FED, who takes a cut, of course..and then UST will eventually exchange the Dinar to Iraq until the end of time for oil. And this, IMO, is the process Bush43 was talking about when he says, "iraq will pay for the war..."
1-14-2020 Intel Guru Frank26 ...the Central Bank of Iraq is opening up 4 accounts with federal banks in the US...in order to expedite the deals done with China. Lord God Almighty how big must these accounts be? Those are 4 big giant platforms being used...these accounts were made for one thing. China deal...Iraq is about to explode big time...
1-14-2020 Newshound/Intel Guru Mnt Goat Article quote: "Iraqi politician and former Nineveh governor, Atheel al-Nujaifi, indicated on Sunday that SAVING IRAQ FROM ECONOMIC SANCTIONS is the people's first demand." ...Iraq really does not want to go down this road of sanctions again. They have experienced this before and it is not good. Of course the pro-Iranian politicians don’t give a shit and would allow this to occur. This would be feeding right into what they want for Iraq. They do not want Iraq to prosper. They want to continue the currency auctions indefinitely and this is why it is so hard to stop them. Once this Iranian power hold is gone we will see the reinstatement occur very quickly. It is now happening.
1-14-2020 Intel Guru MarkZ Almost every source I have is looking at big things happening right after the China Trade deal is signed tomorrow…I am trying to manage my expectations…but sources are sure excited...In Iraq, we are told that they are expecting to have a new published rate by Saturday morning. [Hearing any news on rates lately?] I am hearing the contract rate on the dinar could be as high as $8…street rate in the high $3’s or low $4’s possibly…I hear that contract rate could be as high as $2+ on the Dong with a .47 street rate which could float up to $2+… Tomorrow looks like will be a big day
1-14-2020 Newshound Guru Jeff ...everything is looking really good. Iraq just keeps showing us with more additional news frequently that they've got to get that rate changed. Everything looks good for us. We're on the right track. A little more time needed of course. You guys know that the number one thing that I personally feel we're waiting on from facts is just the 2020 budget. They'll probably only need about two months to get the budget done and approved...they're hiding it from us. They don't want us to see it because it's a very important key piece to the puzzle. IMO it's the last piece of the puzzle right now. Let's see what happens...
1-14-2020 Intel Guru Frank26 ...the CBI has no problems with the protesting. The CBI has no problems with the Iranian influence because the CBI is well protected. The CBI has supercomputers. The CBI has the new small category notes. The CBI has the new rate...all of this is IMO. So what does the CBI have to worry about? Nothing. So they go about their business and what they are doing is revealing their business. The latest thing they did was told the banks of Iraq...we are going to retrieve what you collected from the streets. The three zeros [notes].
1-14-2020 Newshound Guru chattels The much talked about 35 billion of Iraq's money held in the USA and the subject of a recent tweet by President Trump is likely the Development Fund for Iraq (DFI) in Federal Bank’s New York branch. These are dollars from the sale of Iraqi oil, IMO.
1-14-2020 Newshound/Intel Guru Francis Albert I believe that the way this is structured, and only an opinion...Your Dinar, actual paper, will be presented to a bank who deals in International currencies, and they will exchange Dollars, (digital), to your account. Banks create these dollars on a computer. This is where the bulk of the "money" will come from. All currencies are debt instruments, all of them. And being a debt instrument, banks, and of course the FED that they own, monetize debt instruments...creating digital dollars on a computer and exchanging for the note in question: i.e. mortgage, care loan, credit card, and currencies. These actual notes then, IMO, will end up at US Treasury, via the FED, who takes a cut, of course..and then UST will eventually exchange the Dinar to Iraq until the end of time for oil. And this, IMO, is the process Bush43 was talking about when he says, "iraq will pay for the war..."
1-14-2020 Intel Guru Frank26 ...the Central Bank of Iraq is opening up 4 accounts with federal banks in the US...in order to expedite the deals done with China. Lord God Almighty how big must these accounts be? Those are 4 big giant platforms being used...these accounts were made for one thing. China deal...Iraq is about to explode big time...
1-14-2020 Newshound/Intel Guru Mnt Goat Article quote: "Iraqi politician and former Nineveh governor, Atheel al-Nujaifi, indicated on Sunday that SAVING IRAQ FROM ECONOMIC SANCTIONS is the people's first demand." ...Iraq really does not want to go down this road of sanctions again. They have experienced this before and it is not good. Of course the pro-Iranian politicians don’t give a shit and would allow this to occur. This would be feeding right into what they want for Iraq. They do not want Iraq to prosper. They want to continue the currency auctions indefinitely and this is why it is so hard to stop them. Once this Iranian power hold is gone we will see the reinstatement occur very quickly. It is now happening.
1-14-2020 Intel Guru MarkZ Almost every source I have is looking at big things happening right after the China Trade deal is signed tomorrow…I am trying to manage my expectations…but sources are sure excited...In Iraq, we are told that they are expecting to have a new published rate by Saturday morning. [Hearing any news on rates lately?] I am hearing the contract rate on the dinar could be as high as $8…street rate in the high $3’s or low $4’s possibly…I hear that contract rate could be as high as $2+ on the Dong with a .47 street rate which could float up to $2+… Tomorrow looks like will be a big day
1-14-2020 Newshound Guru Jeff ...everything is looking really good. Iraq just keeps showing us with more additional news frequently that they've got to get that rate changed. Everything looks good for us. We're on the right track. A little more time needed of course. You guys know that the number one thing that I personally feel we're waiting on from facts is just the 2020 budget. They'll probably only need about two months to get the budget done and approved...they're hiding it from us. They don't want us to see it because it's a very important key piece to the puzzle. IMO it's the last piece of the puzzle right now. Let's see what happens...
1-14-2020 Intel Guru Frank26 ...the CBI has no problems with the protesting. The CBI has no problems with the Iranian influence because the CBI is well protected. The CBI has supercomputers. The CBI has the new small category notes. The CBI has the new rate...all of this is IMO. So what does the CBI have to worry about? Nothing. So they go about their business and what they are doing is revealing their business. The latest thing they did was told the banks of Iraq...we are going to retrieve what you collected from the streets. The three zeros [notes].
1-14-2020 Newshound Guru chattels The much talked about 35 billion of Iraq's money held in the USA and the subject of a recent tweet by President Trump is likely the Development Fund for Iraq (DFI) in Federal Bank’s New York branch. These are dollars from the sale of Iraqi oil, IMO.
1-13-2020 Intel/Newshound Guru sandyf Trump said: "We have a lot of their money. There is $35 billion in an account." Guru chattels quote: "My read/take is that Trump said that there is 35 billion dollars in an account belonging to Iraq. That does not mean to me that there is 35 trillion IQD in an account." You are quite right, the accounts show investments held by the CBI in foreign banks, these investments would not be IQD but local currency. Figures are from 2018 accounts and in millions of IQD, so assets to the value of approx 38T IQD in the Bank of New York.
1-13-2020 Newshound Guru Jeff ...the dinar that we the investors hold will go from our banks back to our US Treasury and be put into our reserves, just to back the value of the US dollar...the dinar that's outside of Iraq, the Central Bank doesn't care about that. Plus the dinar is not currently internationally recognized at this time. You can't use it outside of Iraq...the dinar that's outside of Iraq will go back to each country's central bank and become a reserve foreign currency to that's country's central bank...Iraq does not have a lot of dinar in circulation. Because again it's useless outside their country...this was all put together by design.
1-13-2020 Intel Guru MarkZ Very quiet weekend news wise...contacts in Iraq very, very positive... Banking contacts extremely positive...
1-13-2020 Intel Guru Frank26 ...the 50K and the 100K they didn't just print them a few months ago...this was part of the plan a long time ago and it was part of the calculations but more importantly I want you to know this is part of the note count...as soon as they [The CBI] get the 25K notes from the banks for these 50K and 100K the CBI will burn the 25K notes...they are taking inventory of their note count so they can move forward and they're doing it by giving the 50 and 100 to the banks...
1-13-2020 Newshound Guru Jeff ...this was submitted to the US Treasury under the Freedom of Information Act. We had asked them how much Iraq dinar does the US Federal Reserve Treasury hold within its reserves? They had responded back to our request...They said in excess of 20 Trillion Iraqi dinar...
1-13-2020 Intel Guru Bruce [via WiserNow] ...the QFS System – The Quantum Financial System is a new system that we, as far as I can tell right now has completely transitioned over to from the Swift System...Two benefits for us - 2 benefits that come out immediately...No 1 the speed of transfers and they use the term ledger to ledger ...can occur in 28 – 52 seconds; even globally – around the world – that is fantastic speed – No longer will the banks hold our money while a wire is coming in or say well it’s going to take 9 days or 11 days to get here – those days are gone - We are under a new banking system...
1-13-2020 Intel Guru Frank26 ...the rate doesn't need the budget, the budget needs the rate. The RI is simply waiting for the budget, waiting for the GOI, waiting for the garbage out there to stop. Let's stop the protesting and the killing and see what else we can can do here...
1-13-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance: The 2020 budget ncludesi the payment of the last payment of Kuwait's debts" Quote: "the total amounts of the Iraqi budget for the year 2020 amount to fifty trillion Iraqi dinars..." ...that is a big change from the total 160 - 165 Trillion of the past If I recall. Hmm... Drop the Zeros, and it is in billions, just as they said their goal was if I recall that right!
1-13-2020 Newshound Guru Jeff ...the dinar that we the investors hold will go from our banks back to our US Treasury and be put into our reserves, just to back the value of the US dollar...the dinar that's outside of Iraq, the Central Bank doesn't care about that. Plus the dinar is not currently internationally recognized at this time. You can't use it outside of Iraq...the dinar that's outside of Iraq will go back to each country's central bank and become a reserve foreign currency to that's country's central bank...Iraq does not have a lot of dinar in circulation. Because again it's useless outside their country...this was all put together by design.
1-13-2020 Intel Guru MarkZ Very quiet weekend news wise...contacts in Iraq very, very positive... Banking contacts extremely positive...
1-13-2020 Intel Guru Frank26 ...the 50K and the 100K they didn't just print them a few months ago...this was part of the plan a long time ago and it was part of the calculations but more importantly I want you to know this is part of the note count...as soon as they [The CBI] get the 25K notes from the banks for these 50K and 100K the CBI will burn the 25K notes...they are taking inventory of their note count so they can move forward and they're doing it by giving the 50 and 100 to the banks...
1-13-2020 Newshound Guru Jeff ...this was submitted to the US Treasury under the Freedom of Information Act. We had asked them how much Iraq dinar does the US Federal Reserve Treasury hold within its reserves? They had responded back to our request...They said in excess of 20 Trillion Iraqi dinar...
1-13-2020 Intel Guru Bruce [via WiserNow] ...the QFS System – The Quantum Financial System is a new system that we, as far as I can tell right now has completely transitioned over to from the Swift System...Two benefits for us - 2 benefits that come out immediately...No 1 the speed of transfers and they use the term ledger to ledger ...can occur in 28 – 52 seconds; even globally – around the world – that is fantastic speed – No longer will the banks hold our money while a wire is coming in or say well it’s going to take 9 days or 11 days to get here – those days are gone - We are under a new banking system...
1-13-2020 Intel Guru Frank26 ...the rate doesn't need the budget, the budget needs the rate. The RI is simply waiting for the budget, waiting for the GOI, waiting for the garbage out there to stop. Let's stop the protesting and the killing and see what else we can can do here...
1-13-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance: The 2020 budget ncludesi the payment of the last payment of Kuwait's debts" Quote: "the total amounts of the Iraqi budget for the year 2020 amount to fifty trillion Iraqi dinars..." ...that is a big change from the total 160 - 165 Trillion of the past If I recall. Hmm... Drop the Zeros, and it is in billions, just as they said their goal was if I recall that right!
1-12-2020 Newshound Guru MilitiaMan Article quote: "The contribution to achieving development and attracting foreign investment" They don't attract much in the form of foreign investment at a program rate. The recent meetings at the CBI this week have clearly shown they are moving on with their monetary reform road map and that is to get reconstruction underway. The China deal with 100,000 barrels day to provide exactly that was just inked the other day. ...I am fairly sure they are telling us they are effectively ready to get the show on the road...Will the UST, WB, IMF, BIS and WTO be looking for them to do so? I would say absolutely they are...It is all about the money, jobs, etc...imo!
1-12-2020 Newshound Guru Kaperoni [Iraq's currency regained its footing after a few shaky days last week. IQD/USD back to pre-crisis level at banks and money changers. Thus far extent of capital flight seems limited- a good development for Iraqi people if it holds.] Yes, back in compliance. But will this period require another 90 days?
1-12-2020 Intel Guru Footforward [reference Newsflash/video 1-11-2020] He [Trump] said "their" currency. I would think that means dinar...
1-12-2020 Newshound Guru chattels Trump said: "We have a lot of their money. There is $ 35 billion in an account." My read / take is that Trump said that there is 35 billion dollars in an account belonging to Iraq. That does not mean to me that there is 35 trillion IQD in an account.
1-12-2020 Newshound Guru Jeff Article "Deputy: The vote on amending the Financial Management Law will address the problem of the delay in approving the budge". ...they're basically telling you right now that they amended to finalize the Financial Management Law...What they're telling you is that the 2020 budget is most likely going to be applied to international currency so it has to adhere to international standards...they're telling you Iraq is going international with this 2020 budget...
1-12-2020 Newshound Guru MilitiaMan The table is about to be set. Trade deal inked with Iraq and China already, then the Cookie gets Icing next week with the USA and China trade deal too. I don't know for sure, but I have a strong feeling there is no coincidence's about these to events taking place now. Even the CBI has told us they reduced the note count, they even show in their spread sheets on the Arabic side (per Delta) that they have paid for the recent new printing of money to the tune of approximately $190 million +- over the last year or so. There were and are videos...that showed the process of what they are doing with the large notes. They were and may still be destroying them...In the video they were not showing worn and torn notes. They were showing good quality 25k notes and in very large quantities. The CBI website shows in the Charts the reduction. Charts on that site are for international use and they are extremely accurate for many reasons too.
1-12-2020 Newshound Guru Kaperoni [Iraq's currency regained its footing after a few shaky days last week. IQD/USD back to pre-crisis level at banks and money changers. Thus far extent of capital flight seems limited- a good development for Iraqi people if it holds.] Yes, back in compliance. But will this period require another 90 days?
1-12-2020 Intel Guru Footforward [reference Newsflash/video 1-11-2020] He [Trump] said "their" currency. I would think that means dinar...
1-12-2020 Newshound Guru chattels Trump said: "We have a lot of their money. There is $ 35 billion in an account." My read / take is that Trump said that there is 35 billion dollars in an account belonging to Iraq. That does not mean to me that there is 35 trillion IQD in an account.
1-12-2020 Newshound Guru Jeff Article "Deputy: The vote on amending the Financial Management Law will address the problem of the delay in approving the budge". ...they're basically telling you right now that they amended to finalize the Financial Management Law...What they're telling you is that the 2020 budget is most likely going to be applied to international currency so it has to adhere to international standards...they're telling you Iraq is going international with this 2020 budget...
1-12-2020 Newshound Guru MilitiaMan The table is about to be set. Trade deal inked with Iraq and China already, then the Cookie gets Icing next week with the USA and China trade deal too. I don't know for sure, but I have a strong feeling there is no coincidence's about these to events taking place now. Even the CBI has told us they reduced the note count, they even show in their spread sheets on the Arabic side (per Delta) that they have paid for the recent new printing of money to the tune of approximately $190 million +- over the last year or so. There were and are videos...that showed the process of what they are doing with the large notes. They were and may still be destroying them...In the video they were not showing worn and torn notes. They were showing good quality 25k notes and in very large quantities. The CBI website shows in the Charts the reduction. Charts on that site are for international use and they are extremely accurate for many reasons too.
1-11-2020 Intel Guru Frank26 ...all the education is being given to the banks so they can be in accordance with the new exchange rate. It's exciting, all these little telltale signs because to me this can point to only one thing, an RI is happening. There is no denial about it. And I am very grateful for it.
1-11-2020 Newshound Guru Jeff ...they keep telling you a lot of post rate change items are inside the 2020 budget which links the 2020 budget to the rate change. Now I want to stress to you budgets do not contain rates...they're linked to the rate. The difference is if the 2020 budget was calculated at the old value it's calculated in trillions of dinar. If the 2020 budget was calculated at the rate change it would be calculated in billions of dinar hence the deletion of the zeros transitioning from trillions to billions...
1-11-2020 Intel Guru Delta ...there is something I'd like to clear up here. It's not the one or two days that they [ the CBI] is out of compliance [With the IMF 2% rule] that's a big deal and they have to start from scratch. They [the IMF] go by monthly average. So the monthly average has to be no more than 1213 [Market rate]. That's about the 2% compliance with 1190 [Official Rate]... [Note: You can always see the CBI's official and market rate for the dinar in the left column of this page]
1-11-2020 Intel Guru Frank26 ...[Guru] Walkingstick's banks are obeying the CBI and they're going to turn in all the 3 zeros [notes] they've got and they are going to get back the equivalent but not in new small category notes because they've already been delivered...
1-11-2020 Newshound Guru chattels While I remain hopeful that some day there will be an increase in the value of the dinar, I am not optimistic in the near term. My usual optimism in the first quarter is suppressed by the same old issues and now the threat of war and / or economic sanctions...
1-11-2020 Newshound Guru MilitiaMan Yesterday, the CBI Governor, ITB, Finance Minister, etc., told us they were going to protect the currency internally and externally. That is meaning to me, they have the mechanisms in place to do so. One mechanism would be to stop the MCPs and raising the rate of the IQD. The supply and demand will equalize over time, it may only take a couple weeks once they do? Regardless, that sort of support is a requirement by the IMF for completion and ascension into a market economy, imo. Iraq has been given orders to complete the MR process and they clearly are making that very apparent...that is exactly what they are doing!!! imo.
1-11-2020 Newshound Guru Jeff ...they keep telling you a lot of post rate change items are inside the 2020 budget which links the 2020 budget to the rate change. Now I want to stress to you budgets do not contain rates...they're linked to the rate. The difference is if the 2020 budget was calculated at the old value it's calculated in trillions of dinar. If the 2020 budget was calculated at the rate change it would be calculated in billions of dinar hence the deletion of the zeros transitioning from trillions to billions...
1-11-2020 Intel Guru Delta ...there is something I'd like to clear up here. It's not the one or two days that they [ the CBI] is out of compliance [With the IMF 2% rule] that's a big deal and they have to start from scratch. They [the IMF] go by monthly average. So the monthly average has to be no more than 1213 [Market rate]. That's about the 2% compliance with 1190 [Official Rate]... [Note: You can always see the CBI's official and market rate for the dinar in the left column of this page]
1-11-2020 Intel Guru Frank26 ...[Guru] Walkingstick's banks are obeying the CBI and they're going to turn in all the 3 zeros [notes] they've got and they are going to get back the equivalent but not in new small category notes because they've already been delivered...
1-11-2020 Newshound Guru chattels While I remain hopeful that some day there will be an increase in the value of the dinar, I am not optimistic in the near term. My usual optimism in the first quarter is suppressed by the same old issues and now the threat of war and / or economic sanctions...
1-11-2020 Newshound Guru MilitiaMan Yesterday, the CBI Governor, ITB, Finance Minister, etc., told us they were going to protect the currency internally and externally. That is meaning to me, they have the mechanisms in place to do so. One mechanism would be to stop the MCPs and raising the rate of the IQD. The supply and demand will equalize over time, it may only take a couple weeks once they do? Regardless, that sort of support is a requirement by the IMF for completion and ascension into a market economy, imo. Iraq has been given orders to complete the MR process and they clearly are making that very apparent...that is exactly what they are doing!!! imo.
1-10-2020 Intel/Newshound Guru Frank26 ...for those of you that say a revaluation...This is no revaluation. It's a reinstatement...turns out that the note count is being done internally because externally they already know what their numbers are...they've already retrieved 70% of the three zero [notes]...the information spread out there right now is amazing...
1-10-2020 Newshound Guru Kaperoni Like I've already said numerous times currency reform is not a random act. Is based on sound monetary principles. With all of the activities going on destabilizing economic activities in Iraq I don't expect any changes in monetary policy at this time. Iraq needs to get Parliament back in session and pass laws to invite investment and investors into Iraq. Once that occurs then we might be at a stage where some changes could be made.
1-10-2020 Intel Guru MarkZ [via PDK] [Who determines Iraq’s RV? Is it the CBI or IMF?] Both, Neither or all of the above...It’s Iraq’s job to have things ready for it…we understand they have had their part ready and been asking for it for quite some time…Now, we need the reset to occur for them to go.
1-10-2020 Intel Guru Bruce [via WiserNow] ...I would say this is a time to get prepared – we’ve got a few days here and there left I think – I think we’re going to get started and they want this to be started before the 15th which I think is going to be Monday/Tuesday which is 13th / 14th - I believe that’s going to happen based on the intel we have now –...Now, I’m going to say we are very close... I really think this thing is coming
1-10-2020 Intel Guru MarkZ [It was previously reported that Trump signed away his part in the reset ? Is this true?] I believe that but have not seen proof…based on how things appear to be playing out…i believe this could be true. Does the China trade agreement have anything to do with it? I believe it may...it is due to be signed Sunday or Monday. [Where do you think we are at?] Historically speaking I am really happy at where we are at.
1-10-2020 Newshound Guru MilitiaMan The timing of this is so very clear to be in our faces now that they have to reinstate the IQD internationally. They have no choice in the matter, now. ... small categories notes will be used in place of the trip zero notes with much more value associated with them, as noted by the need for coins. The small and large notes will co exist with the remaining straggler notes for years to come. ...I am smiling large!! You should all be too, as in light of the military actions we have witnessed, they are still moving ahead and finishing the delete the zeros project and apparently it is in full effect now. imo. [post 3 of 3]
1-10-2020 Newshound Guru MilitiaMan We hear from a source...that citizen in Iraq is hearing directly from a Bank in Baghdad and at the head of a large department level are now making the citizens aware of the banks now having been populated with new small category notes and coins (fils), and are to be distributed at the citizen level soon. This article above in my opinion supports that data, as tools or mechanisms if you will, are in fact in part a median of exchange to facilitate the transition from large to small on the street.. Small notes and coins are tools.. imo [post 2 of 3....stay tuned]
1-10-2020 Newshound Guru MilitiaMan Article: "The finance comittee reveals the mechanism for paying Iraqi debts .. And the Central reveals its policy to control the exchange rate" The fact that they are now openly talking about the tools (mechanisms) are in place to permanently correct the course of Iraq's monetary policy...is huge and very welcoming for us all. ...in respect to the conditions they are now in [militarily], they are still moving forward and head on with the monetary policy to control the exchange rate. Once they stop the auctions they will not have any other Multi Currency Practices (MCPs) to deal with. IMF requirement...The dinar exchange rate will be devoid of them (mcp) when fully article 8 and out of sanctions and thus, the world can freely trade internationally in IQD. [post 1 of 3....stay tuned]
1-10-2020 Newshound Guru Jeff ...let's look at their patterns...back on Sunday Iraq's parliament, which was a majority Shia, passed and approved a new law to remove foreign military...all that news from both direction saying that the US had to go and the US was gonna sanction Iraq was all lies and BS...What is significant about that? This is called China syndrome. Back when China had intentions of changing their rate they had put an ad in the media saying 'we have no intentions of changing our rate.' Then about 3 days later... they did change the rate...10 years I've been in this investment ...this is the largest amount of misleading information or lies in their media that I've seen in the shortest period of time and IMO they're doing this because...the whole rate change is a classified event. They don't want us to know about it...
1-10-2020 Newshound/Intel Guru Mnt Goat ...Believe me that this mission to rid Iraq of the Iranian overpowering influence has been planned since 2017, if not even before. What they needed was an opportunity to begin execution of the plan. These current events are not just happening but rather they are well thought out. It is all planned out...The US is NOT going to pullout of Iraq. We tried this already and we know Iraq is not yet ready for this...Once the currency auctions end in Iraq, and they will end, Iraq will move on. WE will go to the bank and exchange our dinar...
1-10-2020 Newshound Guru Kaperoni Like I've already said numerous times currency reform is not a random act. Is based on sound monetary principles. With all of the activities going on destabilizing economic activities in Iraq I don't expect any changes in monetary policy at this time. Iraq needs to get Parliament back in session and pass laws to invite investment and investors into Iraq. Once that occurs then we might be at a stage where some changes could be made.
1-10-2020 Intel Guru MarkZ [via PDK] [Who determines Iraq’s RV? Is it the CBI or IMF?] Both, Neither or all of the above...It’s Iraq’s job to have things ready for it…we understand they have had their part ready and been asking for it for quite some time…Now, we need the reset to occur for them to go.
1-10-2020 Intel Guru Bruce [via WiserNow] ...I would say this is a time to get prepared – we’ve got a few days here and there left I think – I think we’re going to get started and they want this to be started before the 15th which I think is going to be Monday/Tuesday which is 13th / 14th - I believe that’s going to happen based on the intel we have now –...Now, I’m going to say we are very close... I really think this thing is coming
1-10-2020 Intel Guru MarkZ [It was previously reported that Trump signed away his part in the reset ? Is this true?] I believe that but have not seen proof…based on how things appear to be playing out…i believe this could be true. Does the China trade agreement have anything to do with it? I believe it may...it is due to be signed Sunday or Monday. [Where do you think we are at?] Historically speaking I am really happy at where we are at.
1-10-2020 Newshound Guru MilitiaMan The timing of this is so very clear to be in our faces now that they have to reinstate the IQD internationally. They have no choice in the matter, now. ... small categories notes will be used in place of the trip zero notes with much more value associated with them, as noted by the need for coins. The small and large notes will co exist with the remaining straggler notes for years to come. ...I am smiling large!! You should all be too, as in light of the military actions we have witnessed, they are still moving ahead and finishing the delete the zeros project and apparently it is in full effect now. imo. [post 3 of 3]
1-10-2020 Newshound Guru MilitiaMan We hear from a source...that citizen in Iraq is hearing directly from a Bank in Baghdad and at the head of a large department level are now making the citizens aware of the banks now having been populated with new small category notes and coins (fils), and are to be distributed at the citizen level soon. This article above in my opinion supports that data, as tools or mechanisms if you will, are in fact in part a median of exchange to facilitate the transition from large to small on the street.. Small notes and coins are tools.. imo [post 2 of 3....stay tuned]
1-10-2020 Newshound Guru MilitiaMan Article: "The finance comittee reveals the mechanism for paying Iraqi debts .. And the Central reveals its policy to control the exchange rate" The fact that they are now openly talking about the tools (mechanisms) are in place to permanently correct the course of Iraq's monetary policy...is huge and very welcoming for us all. ...in respect to the conditions they are now in [militarily], they are still moving forward and head on with the monetary policy to control the exchange rate. Once they stop the auctions they will not have any other Multi Currency Practices (MCPs) to deal with. IMF requirement...The dinar exchange rate will be devoid of them (mcp) when fully article 8 and out of sanctions and thus, the world can freely trade internationally in IQD. [post 1 of 3....stay tuned]
1-10-2020 Newshound Guru Jeff ...let's look at their patterns...back on Sunday Iraq's parliament, which was a majority Shia, passed and approved a new law to remove foreign military...all that news from both direction saying that the US had to go and the US was gonna sanction Iraq was all lies and BS...What is significant about that? This is called China syndrome. Back when China had intentions of changing their rate they had put an ad in the media saying 'we have no intentions of changing our rate.' Then about 3 days later... they did change the rate...10 years I've been in this investment ...this is the largest amount of misleading information or lies in their media that I've seen in the shortest period of time and IMO they're doing this because...the whole rate change is a classified event. They don't want us to know about it...
1-10-2020 Newshound/Intel Guru Mnt Goat ...Believe me that this mission to rid Iraq of the Iranian overpowering influence has been planned since 2017, if not even before. What they needed was an opportunity to begin execution of the plan. These current events are not just happening but rather they are well thought out. It is all planned out...The US is NOT going to pullout of Iraq. We tried this already and we know Iraq is not yet ready for this...Once the currency auctions end in Iraq, and they will end, Iraq will move on. WE will go to the bank and exchange our dinar...
1-9-2020 Newshound Guru Kaperoni So is there a way to fudge the numbers when you fall out of compliance [on the 2% rule]? Who knows but the CBI does report the auction exchange rates in their spreadsheets which ultimately end up in their reports to the IMF. The bottom line is if stability is an issue I doubt the IMF would accept them into Article VIII. And if anyone questions the validity of such a rule all I have to do is go and look at the Article IV Consultations between the IMF and the Central Bank of Iraq to see that it is very clearly documented as a requirement. [Reference the dinar market rate in the left column of this page...It appeared Iraq was out of compliance for 2 days this week]
1-9-2020 Intel Guru MarkZ [via PDK] [I did see on Congress Website: start Date REMOVED for HR25 VAT “Fair Tax Act of 2019” is still pending vote—go to congress website for bill “HR25”. I noticed they REMOVED the 1/1/2020 start date removed.!] I saw that as well… IMO when they are ready it will only take 5 minutes… they can pull it out…Sign it and BOOM...it will be sitting on Trump's desk for final signature... [NOTE: Consult with your tax professional at the appropriate time.]
1-9-2020 Newshound Guru Adam Montana The "2% compliance" deal is good to see, but it's not mandatory for an RV. Consider the organization that "requires" 2% compliance... the theory falls apart after that. Iraq can go 500% out of compliance and push the RV button if they want. So long as the CBI is backing the rate, it will fly. [Reference the dinar market rate in the left column of this page...It appeared Iraq was out of compliance for 2 days this week]
1-9-2020 Newshound/Intel Guru Mnt Goat Article: "IRANIAN DOMINANCE OF IRAQ HAVE BEEN PROVEN TRUE" I have been telling everyone for years that the Iranian influence would have to be challenged and it is the problem of corruption in Iraq as to why our investment in the dinar is not going anywhere. So now we are seeing it all playing out. This is the bad news but the good news is it is now being challenged (the timing of it) and this had to occur to get to it (got to go through it to get to it) . Look at the bright side – it could be even worse as we could be waiting yet another decade for this challenge to even take place but it is happening right now. The Trump administration is getting it done and now is the time...
1-9-2020 Intel Guru MarkZ Things really seem to be heating up on the banking side of things. I am hearing all Redemption Centers are in place and ready. I am very hopeful that this is not going to be another false alarm. This time things feel very different to me.
1-9-2020 Newshound/Intel Guru Walkingstick the CBI has told us that all banks in Iraq are going to receive the 50,000 and the 100,000 freshly printed bills...The reason for it is because the CBI is now lessening the amount of 10k and 25k notes in the inventory of Iraqi banks. They want to get more of the three zeros...the CBI is sending 50k and 100k notes only to be used from bank to a bank. Each bank is getting a different specific amount. Each bank must send to the CBI in return either 4 - 25K notes or 10 - 10K notes. We [walkingstick's firm] have not received them yet. Some banks have. We believe we will be next. They are only to be used from bank to bank not for circulation. The 50k and 100K are not to be introduced to the citizens. They are to introduce the small category notes when told on their schedule. This is being used to remove the three zeros notes from the banks not to draw them in - that was already done...
1-9-2020 Newshound Guru Adam Montana Like it or not, the United States just influenced the timing and chances of a near future revalue on the Iraqi currency...but I don't believe the current events have altered the destination at all. In fact, the attack on Iranian terrorist Suleimani ...is likely in favor of a quicker path to an RV. ...it is going to be a bumpy ride, but it won't last forever. When it's over, I believe we will be in a far more favorable position to see the Iraqi currency skyrocket. Yes, I said that word: Skyrocket...we are indeed in the middle of a very tense and hectic time...buckle up, hang tight, and be ready. [post 2 of 2]
1-9-2020 Newshound Guru Adam Montana What an end to 2019, and what a start to 2020! 2019 ended in Iraq with a flurry of activity. The Prime Minister resigned, the Iraqi President threatened to do the same. There were major protests, huge shifts in the landscape, and a lot of uncertainty. ...This is exactly the type of situation where big things happen, but the world is so busy watching the "news" that it just slips under the radar. The uncertainty continues with the current situation regarding Iraq, largely because of the situation with their neighbor Iran. ...this is a fluid situation - things change fast... [post 1 of 2...stay tuned]
1-9-2020 Intel Guru MarkZ [via PDK] [I did see on Congress Website: start Date REMOVED for HR25 VAT “Fair Tax Act of 2019” is still pending vote—go to congress website for bill “HR25”. I noticed they REMOVED the 1/1/2020 start date removed.!] I saw that as well… IMO when they are ready it will only take 5 minutes… they can pull it out…Sign it and BOOM...it will be sitting on Trump's desk for final signature... [NOTE: Consult with your tax professional at the appropriate time.]
1-9-2020 Newshound Guru Adam Montana The "2% compliance" deal is good to see, but it's not mandatory for an RV. Consider the organization that "requires" 2% compliance... the theory falls apart after that. Iraq can go 500% out of compliance and push the RV button if they want. So long as the CBI is backing the rate, it will fly. [Reference the dinar market rate in the left column of this page...It appeared Iraq was out of compliance for 2 days this week]
1-9-2020 Newshound/Intel Guru Mnt Goat Article: "IRANIAN DOMINANCE OF IRAQ HAVE BEEN PROVEN TRUE" I have been telling everyone for years that the Iranian influence would have to be challenged and it is the problem of corruption in Iraq as to why our investment in the dinar is not going anywhere. So now we are seeing it all playing out. This is the bad news but the good news is it is now being challenged (the timing of it) and this had to occur to get to it (got to go through it to get to it) . Look at the bright side – it could be even worse as we could be waiting yet another decade for this challenge to even take place but it is happening right now. The Trump administration is getting it done and now is the time...
1-9-2020 Intel Guru MarkZ Things really seem to be heating up on the banking side of things. I am hearing all Redemption Centers are in place and ready. I am very hopeful that this is not going to be another false alarm. This time things feel very different to me.
1-9-2020 Newshound/Intel Guru Walkingstick the CBI has told us that all banks in Iraq are going to receive the 50,000 and the 100,000 freshly printed bills...The reason for it is because the CBI is now lessening the amount of 10k and 25k notes in the inventory of Iraqi banks. They want to get more of the three zeros...the CBI is sending 50k and 100k notes only to be used from bank to a bank. Each bank is getting a different specific amount. Each bank must send to the CBI in return either 4 - 25K notes or 10 - 10K notes. We [walkingstick's firm] have not received them yet. Some banks have. We believe we will be next. They are only to be used from bank to bank not for circulation. The 50k and 100K are not to be introduced to the citizens. They are to introduce the small category notes when told on their schedule. This is being used to remove the three zeros notes from the banks not to draw them in - that was already done...
1-9-2020 Newshound Guru Adam Montana Like it or not, the United States just influenced the timing and chances of a near future revalue on the Iraqi currency...but I don't believe the current events have altered the destination at all. In fact, the attack on Iranian terrorist Suleimani ...is likely in favor of a quicker path to an RV. ...it is going to be a bumpy ride, but it won't last forever. When it's over, I believe we will be in a far more favorable position to see the Iraqi currency skyrocket. Yes, I said that word: Skyrocket...we are indeed in the middle of a very tense and hectic time...buckle up, hang tight, and be ready. [post 2 of 2]
1-9-2020 Newshound Guru Adam Montana What an end to 2019, and what a start to 2020! 2019 ended in Iraq with a flurry of activity. The Prime Minister resigned, the Iraqi President threatened to do the same. There were major protests, huge shifts in the landscape, and a lot of uncertainty. ...This is exactly the type of situation where big things happen, but the world is so busy watching the "news" that it just slips under the radar. The uncertainty continues with the current situation regarding Iraq, largely because of the situation with their neighbor Iran. ...this is a fluid situation - things change fast... [post 1 of 2...stay tuned]
1-8-2020 *** Dinar Guru Breaking News *** President Trump had a press conference earlier today about the Iran situation in Iraq [above video]. Trump said he doesn't want any more suffering in the region and is hopeful for a peaceful relationship with Iran. He wants Iran and the Iranian people to become prosperous and peaceful members of the world and calls on the biggest nations of the world to help support that mission. Stay tuned as the gurus chime in on this breaking situation. The latest guru posts will continue below....
1-8-2020 Newshound/Intel Guru Francis Albert ...I know one thing for sure....The IMF and the Dollar Inc. FED etc. all Central Banks are run by the same crowd. They hang together talk and sit with one another. If these people want Iraq to go forward with monetary reform, as ALL evidence suggest. IMF can do what they want, and in the paperwork that has a check mark on "Is currency in compliance for 18 months? " They can check Yes, and who is going to say anything to argue the check mark. Remember in finance and Geo Politics...nothing...nothing is as it seems.
1-8-2020 Intel Guru Bruce [via WiserNow] ...the soft start; if you will, the RV, GCR started ...(Monday) – The President spoke with Steve Mnuchin and said let’s do this – let’s get this thing started - let’s get it going...so this thing is started and there’s no turning back – Now, we...are looking for our notifications to come out...the redemption centers...are also on alert...so, where we are – is very very close...
1-8-2020 Newshound/Intel Guru Mnt Goat WOW! Lots going on this past period in Iraq...millions of casual news consumers began this week believing that over the weekend, Iraq expelled the U.S. military from their country...The U.S. military is not currently under any order to leave Iraq... This is not as bad as it may seem on the surface... Now maybe Iraq can really get down to business of rebuilding their country and economy...We all need to sit and relax and watch this play out.
1-8-2020 Intel Guru MarkZ [via PDK] Redemption Centers are still staffed and ready to go . We are at a heightened state…They are ready and expectant. I still cannot be more positive at where we are at. We are in a beautiful, beautiful spot.
1-8-2020 Newshound/Intel Guru tman23 I’m more enthusiastic now then ever before, IMO Iran was an issue because the question being was...How can you back the IQD when the assets are always under the threat? Iran lost their 3 top military leaders and as I posted as told Hadr Ameri was picked up “arrested” by US military...there has been nothing in print yet to confirm but a very good source...so after last night it shows Iran is in a turmoil mess ...SIMPLY PUT, everything is far better in positioning then it was...AND I PUT ZERO STOCK IN MAINTAINING THE 2%...rules change and that one is not engraved in stone.
1-8-2020 Intel Guru MarkZ [Are redemption centers regular banks or places set up for this?] I hear that in larger cities there are place set up specifically for this to handle volume and keep pressure off the banks. But, in smaller, rural areas they will use banks.
1-8-2020 Newshound Guru Adam Montana Things are craAazZZYyy over there right now... nothing that I see at the moment is killing any chance of an RV. But it's also really hard to stay on top of actual Dinar News with the current situation. I'm watching it like a hawk though!
1-8-2020 Intel Guru Bruce [via WiserNow] ...the soft start; if you will, the RV, GCR started ...(Monday) – The President spoke with Steve Mnuchin and said let’s do this – let’s get this thing started - let’s get it going...so this thing is started and there’s no turning back – Now, we...are looking for our notifications to come out...the redemption centers...are also on alert...so, where we are – is very very close...
1-8-2020 Newshound/Intel Guru Mnt Goat WOW! Lots going on this past period in Iraq...millions of casual news consumers began this week believing that over the weekend, Iraq expelled the U.S. military from their country...The U.S. military is not currently under any order to leave Iraq... This is not as bad as it may seem on the surface... Now maybe Iraq can really get down to business of rebuilding their country and economy...We all need to sit and relax and watch this play out.
1-8-2020 Intel Guru MarkZ [via PDK] Redemption Centers are still staffed and ready to go . We are at a heightened state…They are ready and expectant. I still cannot be more positive at where we are at. We are in a beautiful, beautiful spot.
1-8-2020 Newshound/Intel Guru tman23 I’m more enthusiastic now then ever before, IMO Iran was an issue because the question being was...How can you back the IQD when the assets are always under the threat? Iran lost their 3 top military leaders and as I posted as told Hadr Ameri was picked up “arrested” by US military...there has been nothing in print yet to confirm but a very good source...so after last night it shows Iran is in a turmoil mess ...SIMPLY PUT, everything is far better in positioning then it was...AND I PUT ZERO STOCK IN MAINTAINING THE 2%...rules change and that one is not engraved in stone.
1-8-2020 Intel Guru MarkZ [Are redemption centers regular banks or places set up for this?] I hear that in larger cities there are place set up specifically for this to handle volume and keep pressure off the banks. But, in smaller, rural areas they will use banks.
1-8-2020 Newshound Guru Adam Montana Things are craAazZZYyy over there right now... nothing that I see at the moment is killing any chance of an RV. But it's also really hard to stay on top of actual Dinar News with the current situation. I'm watching it like a hawk though!
1-7-2020 Intel Guru MarkZ [What will dong rates be?] I still hear that street rate will start at about .45 to .50 cents and letting it float...contract rates may be as high as $2
1-7-2020 Newshound Guru Jeff ...what Iraq's parliament did the other day...nothing was passed or approved that was legal and binding to physically remove the US. Only the Shias attended parliament and did this act or stunt to support Iran. The Kurds and the Sunnis did not attend parliament so everything you guys are seeing in the news right now is BS and they did not pass anything legal or binding. The US is not going to be removed...
1-7-2020 Newshound Guru Kaperoni Well the fallout has begun starting with the spread on the dinar/dollar falling out of IMF compliance reaching 1227 dinar to the dollar...Not good. With the spread falling out of IMF compliance it could be 16-18 months down the drain as the CBI was working to accept Article VIII... [NOTE: You can always see the latest official CBI market rate in the left column of this page...]
1-7-2020 Intel Guru MarkZ [via PDK] Remember Noone knows the exact timing but what we hear from 3 Redemption Centers this morning is they are Fully Staffed with big expectations! So, today is a good day to keep watch...I know I will be. [Has Iraq officially RV’d yet?] No but there are rumors they could possible come out tomorrow or Saturday with the new rate.
1-7-2020 Intel Guru Frank26 Anything you read that the parliament of Iraq did, any law legislation is impossible...the only ones who wanted the American troops out were the Iranian sympathizers...it's the last scream of the Iranian militia...
1-7-2020 Newshound Guru Jeff ...What's happening between the U.S. and Iran will have no bearing on the timing of the rate change...the timing of the rate change only has one speed associated with it and it's extra slow...we are waiting on the 2020 budget with Iraq. That's what you're going to continue to see and that's how the news is going to play out. The news will walk you into the 2020 budget. That's where things are headed next...
1-7-2020 Newshound/Intel Guru Mnt Goat First of all I have been telling everyone for years now that without the elimination of Iranian influence in Iraq there would be no RV...I also said the US was plotting a way to get them out of Iraq... They have plan and so be patient and watch it unfold...I know it may seem gloomy at times but hang in there...Don't give up now.
1-7-2020 Newshound Guru Kaperoni ...There is no reinstatement. No RV or RI. Not how monetary policy works. Under the current conditions, things are beginning to deteriorate as a result of the backlash from US military efforts to eliminate Iranian general Soleimani. Parliament wants US troops out, the US has threatened economic consequences and as a result the exchange rate is deteriorating. No currency reform is in the near future. Iraq also fears the loss of economic activities and investment. Sit back and relax we are going to have to be patient and wait this out.
1-7-2020 Newshound Guru Jeff ...what Iraq's parliament did the other day...nothing was passed or approved that was legal and binding to physically remove the US. Only the Shias attended parliament and did this act or stunt to support Iran. The Kurds and the Sunnis did not attend parliament so everything you guys are seeing in the news right now is BS and they did not pass anything legal or binding. The US is not going to be removed...
1-7-2020 Newshound Guru Kaperoni Well the fallout has begun starting with the spread on the dinar/dollar falling out of IMF compliance reaching 1227 dinar to the dollar...Not good. With the spread falling out of IMF compliance it could be 16-18 months down the drain as the CBI was working to accept Article VIII... [NOTE: You can always see the latest official CBI market rate in the left column of this page...]
1-7-2020 Intel Guru MarkZ [via PDK] Remember Noone knows the exact timing but what we hear from 3 Redemption Centers this morning is they are Fully Staffed with big expectations! So, today is a good day to keep watch...I know I will be. [Has Iraq officially RV’d yet?] No but there are rumors they could possible come out tomorrow or Saturday with the new rate.
1-7-2020 Intel Guru Frank26 Anything you read that the parliament of Iraq did, any law legislation is impossible...the only ones who wanted the American troops out were the Iranian sympathizers...it's the last scream of the Iranian militia...
1-7-2020 Newshound Guru Jeff ...What's happening between the U.S. and Iran will have no bearing on the timing of the rate change...the timing of the rate change only has one speed associated with it and it's extra slow...we are waiting on the 2020 budget with Iraq. That's what you're going to continue to see and that's how the news is going to play out. The news will walk you into the 2020 budget. That's where things are headed next...
1-7-2020 Newshound/Intel Guru Mnt Goat First of all I have been telling everyone for years now that without the elimination of Iranian influence in Iraq there would be no RV...I also said the US was plotting a way to get them out of Iraq... They have plan and so be patient and watch it unfold...I know it may seem gloomy at times but hang in there...Don't give up now.
1-7-2020 Newshound Guru Kaperoni ...There is no reinstatement. No RV or RI. Not how monetary policy works. Under the current conditions, things are beginning to deteriorate as a result of the backlash from US military efforts to eliminate Iranian general Soleimani. Parliament wants US troops out, the US has threatened economic consequences and as a result the exchange rate is deteriorating. No currency reform is in the near future. Iraq also fears the loss of economic activities and investment. Sit back and relax we are going to have to be patient and wait this out.
1-6-2020 Newshound Guru Adam Montana Article quotes: "Chairman of the Finance Committee, Haitham al-Jabouri, confirmed on Monday that the strategic framework agreement with the United States of America is still in effect, while he indicated that the House’s decision yesterday regarding ending the foreign presence has nothing to do with it."; "We are in contact with all relevant authorities on this issue and are keen to maintain economic relations with all countries, including the United States, and in a manner that serves the interests of our country in terms of security and economic, especially since there are large investment contracts between the two countries in important and strategic sectors." ...pretty much says it all.
1-6-2020 Intel Guru Frank26 ...Iraq is going through a change. A paradigm change. An epic historical change and because of that there is a price to pay...Iran is doing their very best to stop the forward progress of the reinstatement of the monetary reform...
1-6-2020 Guest Guru TexasSnake [via PDK] [So what do you think of all the unrest in the Middle east] I think it is kind of a smoke screen… When you look back to when Kuwait did their RV...there were similar circumstances...saying it was going to be put off and then suddenly in the next day or so it was there...It came as a surprise to most people even the ones who were anticipating it…we have a lot more intel on this one then they had on the Kuwait one.
1-6-2020 Intel Guru MarkZ [via PDK] We were told a couple key meetings went on this weekend on how to handle the roll out. With all the upset in Iraq and Iran keep in mind that almost all the revaluation in the past have happened during a lot of smoke and unrest…Looking back on the history of revaluations it does seem to me that this would be the perfect smoke screen. I think it couldn’t be better timing. What I still hear from the banking side is very positive. From the Iraq side they were still expecting it on Monday or Tuesday. They just finished their inventory of cash in circulation so will see what they have to say this week.
1-6-2020 Newshound Guru Jeff ...it's all coming together. The CBI's last requirement to delete the zeros they said that the corruption political figures had to be removed and they were. After they got rid of those corrupt official Iraq started setting the stage for the rate change...That's not just a one month step. They need time. That's why they used the whole year of '19 to set the stage. And now you can see they're already told you, this isn't my opinion... reconstruction, article 140, HCL...those items are in the budget. So what they're indirectly telling you is they have to position money for those steps...so don't worry about all that other stuff...there are no delays in this...no delays at all...
1-6-2020 Newshound/Intel Guru Francis Albert And thirdly, regardless of what your seat is, the bleachers or box seats, anyone who is paying attention to the moves of the CBI and GOI in the past, say year...has to...has to come to the conclusion that they are going to go International which has to be at a rate higher than program. Sure one can argue and say, it will be just .10 and go up from there and could take years to get to something fun for us...or not. Remember Iraqi's only true export and that is and will be sold for Dollars till the end of time. So, unlike other Countries who want to keep their currency low, (see Vietnam) because of massive exports, (and of course China). Iraq is in a unique situation. [post 2 of 2]
1-6-2020 Newshound/Intel Guru Francis Albert Good point KAP [reference Guru Kaperoni post 1-5-2020], so all I can retort to this is, well two things: Firstly: How much content and details of news articles can we believe regardless of Country? Secondly: This would be the first time a Central Bank has lied? and if it served their purposes thinking it would help get the people to do something, they would say it to their news sources...we'll see... [post 1 of 2....stay tuned]
1-6-2020 Guru BobTheTaxMan ...because my crystal ball still isn't here I don't know when this thing is going to come to fruition but I've never seen things escalate this fast towards a real possibility of a window coming here shortly...
1-6-2020 Intel Guru Frank26 ...Iraq is going through a change. A paradigm change. An epic historical change and because of that there is a price to pay...Iran is doing their very best to stop the forward progress of the reinstatement of the monetary reform...
1-6-2020 Guest Guru TexasSnake [via PDK] [So what do you think of all the unrest in the Middle east] I think it is kind of a smoke screen… When you look back to when Kuwait did their RV...there were similar circumstances...saying it was going to be put off and then suddenly in the next day or so it was there...It came as a surprise to most people even the ones who were anticipating it…we have a lot more intel on this one then they had on the Kuwait one.
1-6-2020 Intel Guru MarkZ [via PDK] We were told a couple key meetings went on this weekend on how to handle the roll out. With all the upset in Iraq and Iran keep in mind that almost all the revaluation in the past have happened during a lot of smoke and unrest…Looking back on the history of revaluations it does seem to me that this would be the perfect smoke screen. I think it couldn’t be better timing. What I still hear from the banking side is very positive. From the Iraq side they were still expecting it on Monday or Tuesday. They just finished their inventory of cash in circulation so will see what they have to say this week.
1-6-2020 Newshound Guru Jeff ...it's all coming together. The CBI's last requirement to delete the zeros they said that the corruption political figures had to be removed and they were. After they got rid of those corrupt official Iraq started setting the stage for the rate change...That's not just a one month step. They need time. That's why they used the whole year of '19 to set the stage. And now you can see they're already told you, this isn't my opinion... reconstruction, article 140, HCL...those items are in the budget. So what they're indirectly telling you is they have to position money for those steps...so don't worry about all that other stuff...there are no delays in this...no delays at all...
1-6-2020 Newshound/Intel Guru Francis Albert And thirdly, regardless of what your seat is, the bleachers or box seats, anyone who is paying attention to the moves of the CBI and GOI in the past, say year...has to...has to come to the conclusion that they are going to go International which has to be at a rate higher than program. Sure one can argue and say, it will be just .10 and go up from there and could take years to get to something fun for us...or not. Remember Iraqi's only true export and that is and will be sold for Dollars till the end of time. So, unlike other Countries who want to keep their currency low, (see Vietnam) because of massive exports, (and of course China). Iraq is in a unique situation. [post 2 of 2]
1-6-2020 Newshound/Intel Guru Francis Albert Good point KAP [reference Guru Kaperoni post 1-5-2020], so all I can retort to this is, well two things: Firstly: How much content and details of news articles can we believe regardless of Country? Secondly: This would be the first time a Central Bank has lied? and if it served their purposes thinking it would help get the people to do something, they would say it to their news sources...we'll see... [post 1 of 2....stay tuned]
1-6-2020 Guru BobTheTaxMan ...because my crystal ball still isn't here I don't know when this thing is going to come to fruition but I've never seen things escalate this fast towards a real possibility of a window coming here shortly...
1-5-2020 Newshound/Intel Guru Francis Albert "Breitlng" posted an opinion that has gained some coverage in the Dinar World that I want to comment on. "He" states that taxes will be taken out right there at the time of exchange. That simply is not possible. Everyone's tax situation is different, and banks are not tax collectors. Each person will, IMO, be responsible to pay the appropriate tax on the date prescribed by IRS just like any other investment. [reference Guru Breitling post 1-4-2020] [consult you tax professional at the proper time]
1-5-2020 Newshound Guru Jeff ...some great news came out that's good
for us. Not necessarily bad for the citizens and/or demonstrators because they're sill gonna get what they want...here's an article from today "Abdul Mahdi will remain in the Prime Minister for the next three months" ...Abdul Mahdi still is the acting PM temporarily... January, February, March. Notice how they kept him in through Q1...that's great news for us...it suggests that they're keeping Abdul Mahdi in long enough through the rate change...Remember since September I've stressed to you we need until March. Now you're seeing that based on everything happening factually...
1-5-2019 Intel Guru Frank26 ...of course we are in a bit of a delay. But it's not a stoppage. You know what the delay is? Giving the rate out... what's more important than anything else is the rate is coming out. It is coming out...yes it's a pain in the ass. Yes it's a form of delay. But it's not stopping. I call it a lava flow...the CBI isn't saying anything negative.
1-5-2020 Newshound Guru Kaperoni And on another point, if they did, it would also throw the currency auctions into chaos since one of the purposes is to maintain stability...which is achieved by maintaining a balance between dinar and dollar. If people learn anything about investing in the dinar they should learn that currency reform is not random. Monetary policy is based on sound principles, any increase in value will be based on those principles not some random act. [reference Guru Francis Albert post 1-4-2020] [post 2 of 2]
1-5-2020 Newshound Guru Kaperoni ...[Guru] Francis Albert apparently want(s) to discuss money supply. He doesn't apparently read the many news articles over the years stating the dinar is not in banks, or the CBI. It is outside the banking system "chunky" meaning it's in citizen homes, mattresses, etc. This is a major problem for the CBI as they try to get citizens involved with the banking system. One of the reasons for deposit insurance. Again, the CBI cannot substantially reduce the money supply when they do not have it. [reference Guru Francis Albert post 1-4-2020] [post 1 of 2....stay tuned]
1-5-2020 Newshound Guru MilitiaMan I cannot for the life of me understand with all we know and can see directly from the CBI and the Actions of the USA anyone can be down and out now... Mind boggling good information that supports this is coming to an end!! imo.
1-5-2020 Newshound Guru Jeff ...some great news came out that's good
for us. Not necessarily bad for the citizens and/or demonstrators because they're sill gonna get what they want...here's an article from today "Abdul Mahdi will remain in the Prime Minister for the next three months" ...Abdul Mahdi still is the acting PM temporarily... January, February, March. Notice how they kept him in through Q1...that's great news for us...it suggests that they're keeping Abdul Mahdi in long enough through the rate change...Remember since September I've stressed to you we need until March. Now you're seeing that based on everything happening factually...
1-5-2019 Intel Guru Frank26 ...of course we are in a bit of a delay. But it's not a stoppage. You know what the delay is? Giving the rate out... what's more important than anything else is the rate is coming out. It is coming out...yes it's a pain in the ass. Yes it's a form of delay. But it's not stopping. I call it a lava flow...the CBI isn't saying anything negative.
1-5-2020 Newshound Guru Kaperoni And on another point, if they did, it would also throw the currency auctions into chaos since one of the purposes is to maintain stability...which is achieved by maintaining a balance between dinar and dollar. If people learn anything about investing in the dinar they should learn that currency reform is not random. Monetary policy is based on sound principles, any increase in value will be based on those principles not some random act. [reference Guru Francis Albert post 1-4-2020] [post 2 of 2]
1-5-2020 Newshound Guru Kaperoni ...[Guru] Francis Albert apparently want(s) to discuss money supply. He doesn't apparently read the many news articles over the years stating the dinar is not in banks, or the CBI. It is outside the banking system "chunky" meaning it's in citizen homes, mattresses, etc. This is a major problem for the CBI as they try to get citizens involved with the banking system. One of the reasons for deposit insurance. Again, the CBI cannot substantially reduce the money supply when they do not have it. [reference Guru Francis Albert post 1-4-2020] [post 1 of 2....stay tuned]
1-5-2020 Newshound Guru MilitiaMan I cannot for the life of me understand with all we know and can see directly from the CBI and the Actions of the USA anyone can be down and out now... Mind boggling good information that supports this is coming to an end!! imo.
1-4-2020 Newshound/Intel Guru Francis Albert ...If the CBI has all the actual notes (physical or digital for that matter) they can just destroy them if they want...as all Central Banks do regularly in one way or another. Like Cheeto's Central Banks, can always cruch, (create) more "money". KAP's [Guru Kaperoni] basic argument is based on his opinion that there's 45 Trillion Dinar out there that would come home to roost with an increase in value and thus, he argues, a substantial increase can't happen. IMO, he's just not looking at the whole picture. [Also reference Guru Kaperoni 1-4-2020] [post 2 of 2]
1-4-2020 Newshound/Intel Guru Francis Albert I agree with KAP [Guru Kaperoni] who posted ...that there's no way the CBI can magically reduce the money supply from 45 Trillion to 5 Trillion. I am not paying close enough attention to know what the number Frank [Guru Frank26] is saying the 5T posted on CBI means. There is one possibility...in counter point to KAP's money supply argument I've seen. It is Possible, that Central Banks around the World hold/held most of the 45 Trillion Dinar...not only possible...but, probable. And, being Central Banks, as banks of issue, and ALL controlled by Dollar Inc. (except for Iran, S Korea, China, Russia), and IF...the Dollar Boys, (who started the whole thing in Iraq), want iraq to prosper...they can easily just destroy the Dinar they hold...all to achieve their goals. There's always a way. [reference Guru Kaperoni 1-4-2020] [post 1 of 2....stay tuned]
1-4-2020 Intel Guru BobTheTaxMan ...If you plan ahead you're going to be able to accomplish the things you want to accomplish. You're going to be able to retain that dinar. Now, I've spent lots of time visiting with some of the brightest minds in the tax world...The three things anytime you have a windfall gain you look for 3 things that can happen. 1. Can I reduce my taxation? 2. Can I defer my taxation? 3. Can I eliminate those taxations? All three of those options are available to us who own dinar. But you have to plan on it. And you have to put certain things in place before the RV occurs...there is no 'tax free' option - period. There isn't any...despite all the rumors out there about making this thing a capital gains it will not be capital gains... [NOTE: Speak with your financial advisor and tax expert at the appropriate time.] [Post 2 of 2]
1-4-2020 Intel Guru BobTheTaxMan ...I've watched people who have managed to come into great amount of money and lose it so quickly...you're gonna walk into the bank you're gonna exchange your dinar and they're gonna give you X amount of dollars for X amount of dinar. You're gonna walk out and you're gonna be happy. Feeling on cloud 9. You're gonna spend that money. Then you're gonna say, 'wow, I need some more!' So you go cash in some more and you'll keep doing that without taking into consideration that you're building an obligatory spot with the IRS. Every time you do that you got yourself dug into a hole. And it's so easy when you have access to these kind of funds to be able to step up in the tax brackets and keep going and keep going and not realize how deep of a hole you just dug. [NOTE: Speak with your financial advisor and tax expert at the appropriate time.] [Post 1 of 2....stay tuned]
1-4-2020 Newshound Guru Breitling ...I have zero doubts on the currency revaluing...This is the most important information you're gonna get...when you exchange your currency you're gonna get taxed. That's a taxable event. You are gonna have a big chunk taken out right there. Next, you're gonna go buy a house, that's a taxable event. You're gonna go out and buy a nice car. That's a taxable event...that's what I've been worried about. It's going to go away from you so quick unless you know what you're doing and have a plan and you have a plan to avoid that. You did what you needed to do. You bought the dinar. The second thing you need to do is keep it. There is nothing else you need to do. This is coming down the road. There's no other way I can say it. It's right in front of you. You're looking at it. Are you prepared? [NOTE: Speak with your financial advisor and tax expert at the appropriate time.]
1-4-2019 Newshound/Intel Guru Mnt Goat ...The CBI will not be allowed to reinstate as long as Iran is still causing issues in Iraq. ...Yes, the CBI wants it and needs it but will it happen based on this news that CORRUPTION MUST FIRST END...I have been telling everyone for years now that without the elimination of Iranian influence in Iraq there would be no RV...I also said the US was plotting a way to get them out of Iraq. So now we witness the plan in action...So all you dinar investors just remember what I said before and how this is all playing out. I know it may seem gloomy at times but hang in there...
1-4-2020 Newshound Guru Kaperoni ...the CBI currency...graph/chart is wrong. No way or how the money supply in Iraq could be reduced at this time let alone from 45 trillion to around 5 trillion...
1-4-2020 Newshound Guru MilitiaMan ...we found that the currency supply decreased by 975% real close and the CBI clearly shows charts to prove they did in fact did do it. By decreasing the money supply (note count) the common denominator is a value increase based of supply and demand. They will have a liquidity issue going forward if they don't raise the rate soon...The reduction in currency wasn't found until around the 23rd - 26th era December 2019, but it was in fact reported to have occurred on 12/08/2019 by the CBI and whereby, the movement of that money value from the reduction in currency showed up around on the commercial side of banking on 12/29/2019 real close. imo. So, we can see that timing is of extreme importance now. With normal accounting behaviors, this time is very sensitive. I have a very good feeling about the window we are in.
1-4-2020 Newshound/Intel Guru Francis Albert I agree with KAP [Guru Kaperoni] who posted ...that there's no way the CBI can magically reduce the money supply from 45 Trillion to 5 Trillion. I am not paying close enough attention to know what the number Frank [Guru Frank26] is saying the 5T posted on CBI means. There is one possibility...in counter point to KAP's money supply argument I've seen. It is Possible, that Central Banks around the World hold/held most of the 45 Trillion Dinar...not only possible...but, probable. And, being Central Banks, as banks of issue, and ALL controlled by Dollar Inc. (except for Iran, S Korea, China, Russia), and IF...the Dollar Boys, (who started the whole thing in Iraq), want iraq to prosper...they can easily just destroy the Dinar they hold...all to achieve their goals. There's always a way. [reference Guru Kaperoni 1-4-2020] [post 1 of 2....stay tuned]
1-4-2020 Intel Guru BobTheTaxMan ...If you plan ahead you're going to be able to accomplish the things you want to accomplish. You're going to be able to retain that dinar. Now, I've spent lots of time visiting with some of the brightest minds in the tax world...The three things anytime you have a windfall gain you look for 3 things that can happen. 1. Can I reduce my taxation? 2. Can I defer my taxation? 3. Can I eliminate those taxations? All three of those options are available to us who own dinar. But you have to plan on it. And you have to put certain things in place before the RV occurs...there is no 'tax free' option - period. There isn't any...despite all the rumors out there about making this thing a capital gains it will not be capital gains... [NOTE: Speak with your financial advisor and tax expert at the appropriate time.] [Post 2 of 2]
1-4-2020 Intel Guru BobTheTaxMan ...I've watched people who have managed to come into great amount of money and lose it so quickly...you're gonna walk into the bank you're gonna exchange your dinar and they're gonna give you X amount of dollars for X amount of dinar. You're gonna walk out and you're gonna be happy. Feeling on cloud 9. You're gonna spend that money. Then you're gonna say, 'wow, I need some more!' So you go cash in some more and you'll keep doing that without taking into consideration that you're building an obligatory spot with the IRS. Every time you do that you got yourself dug into a hole. And it's so easy when you have access to these kind of funds to be able to step up in the tax brackets and keep going and keep going and not realize how deep of a hole you just dug. [NOTE: Speak with your financial advisor and tax expert at the appropriate time.] [Post 1 of 2....stay tuned]
1-4-2020 Newshound Guru Breitling ...I have zero doubts on the currency revaluing...This is the most important information you're gonna get...when you exchange your currency you're gonna get taxed. That's a taxable event. You are gonna have a big chunk taken out right there. Next, you're gonna go buy a house, that's a taxable event. You're gonna go out and buy a nice car. That's a taxable event...that's what I've been worried about. It's going to go away from you so quick unless you know what you're doing and have a plan and you have a plan to avoid that. You did what you needed to do. You bought the dinar. The second thing you need to do is keep it. There is nothing else you need to do. This is coming down the road. There's no other way I can say it. It's right in front of you. You're looking at it. Are you prepared? [NOTE: Speak with your financial advisor and tax expert at the appropriate time.]
1-4-2019 Newshound/Intel Guru Mnt Goat ...The CBI will not be allowed to reinstate as long as Iran is still causing issues in Iraq. ...Yes, the CBI wants it and needs it but will it happen based on this news that CORRUPTION MUST FIRST END...I have been telling everyone for years now that without the elimination of Iranian influence in Iraq there would be no RV...I also said the US was plotting a way to get them out of Iraq. So now we witness the plan in action...So all you dinar investors just remember what I said before and how this is all playing out. I know it may seem gloomy at times but hang in there...
1-4-2020 Newshound Guru Kaperoni ...the CBI currency...graph/chart is wrong. No way or how the money supply in Iraq could be reduced at this time let alone from 45 trillion to around 5 trillion...
1-4-2020 Newshound Guru MilitiaMan ...we found that the currency supply decreased by 975% real close and the CBI clearly shows charts to prove they did in fact did do it. By decreasing the money supply (note count) the common denominator is a value increase based of supply and demand. They will have a liquidity issue going forward if they don't raise the rate soon...The reduction in currency wasn't found until around the 23rd - 26th era December 2019, but it was in fact reported to have occurred on 12/08/2019 by the CBI and whereby, the movement of that money value from the reduction in currency showed up around on the commercial side of banking on 12/29/2019 real close. imo. So, we can see that timing is of extreme importance now. With normal accounting behaviors, this time is very sensitive. I have a very good feeling about the window we are in.
1-3-2020 Intel Guru Bruce [via WiserNows] January 1st, all rates were off all screens globally for 24 hours...And then the rates repopulated on the screens – Now, there will be new rates repopulating on the screen by 9:30 PM Sunday night...So we will have all brand new rates on the screens including not only the Dinar...they’ve got a lot of the other currencies – the one they’re working on and finalizing and it should be finalized over the weekend is the Viet Dong...
1-3-2020 Newshound Guru chattels I do think that Iraq needs greater buying power because they are an import nation. Greater value for the dinar improves their buying power, but I have never thought that Iraq could successfully unilaterally declare a value to their currency. For their currency to be worth more in the marketplace with imports then other nations must accept that value for the dinar. I could certainly be wrong.
1-3-2020 Intel Guru MarkZ [So do you think the death of Sulemani will have any effect on our investment?] I do expect a couple of rocky days which is why I am looking toward the 6th-ish…rather than right away even though my banking sources still swear its now. I think they need to see if there is any fallout from this. Keep in mind that Soleimani is key to the infiltration of Iran’s reach into Iraq. He also whipped up the attack on the US Embassy. I think him being gone is a good thing.
1-3-2020 Newshound Guru Jeff Article "The current year will witness the passage of controversial laws" ...all the controversial laws are dependent on the rate change. Oil and gas. Federal court. Article 140...they're waiting on the rate change. They cannot amend these laws and add them to the constitution until after the rate change. It's that simple..."this year will witness a passage of controversial laws."
1-3-2020 Intel Guru Bruce [via WiserNow] ...Fortunately for you and for me we have some – really good ones [sources] and I can tell you I’ve got a timeline that takes us all the way through Tuesday...I mentioned this...if we did not get started by the weekend we’re probably looking at a Monday/Tuesday start...Now, could we get a surprise on Saturday? It’s possible...I believe this time we have...absolute plans to complete this pretty much in the timeframe I’ve outlined...I’m excited about it – I think we are good to go...
1-3-2020 Intel Guru MarkZ [via PDK] We are still in about the same place we were yesterday. Our banking side here in the Us seem to think we will see it at any moment. The Iraqi side is still looking at the 5th or 6th. Military sources agree with after the 5th. Through the 15th.
1-3-2020 Newshound Guru Kaperoni [Guru] Enorrste and I agree, the next 30-60 days in Iraq could decide the fate of the dinar investment.
1-3-2020 Guru BobTheTaxMan ...We are here. We are really really knocking on the door of this thing coming to fruition...I know the CBI is a little difficult to understand...there happen to be a graph that's showed up...that thing is a SHOCKER! ...the graphic changes that is going on inside the CBI really denotes the major shift that is happening and is on it's way...that graph is really dramatic...I haven't seen anything so far that shows such a drastic change. This is official. This is coming out of the CBI itself...
1-3-2020 Newshound/Intel Guru tman23 Word is Solemani was in Iraq to operate a coup, the plan was to take over the Iraq government and arrest Iraqi president Sahlim Barham...Hadr Ameri, leader of the Badr corps is said to have been arrested by US authorities...so now we hear on major outlets for an emergency session for Parliament ...should hear about Ameri being arrested in next day or so...going to be an interesting weekend...
1-3-2020 Newshound Guru chattels [as far as that 50 trillion to 5 trillion,I would certainly love some clarification on it's true meaning. I have seen differences in opinions.] Let's just wait for the next report. If it was an error then it likely will be corrected. If it stays the same then maybe there is something to it all.
1-3-2020 Newshound Guru Kaperoni There is a rumor...that the CBI reduced the money supply from 45 trillion or so to around 5 trillion. [Reference Guru Breitling 1-2-2020] This is not possible on many fronts. Though the CBI reports website shows such a chart - it is not possible. 1. the CBI continues the currency auctions. And the auctions are based on a "balance" of dinar to dollars. Offsetting that would create substantial demand for the currency. 2. the CBI has come out on numerous occasions that 70% or so of the currency in circulation is "chunky" meaning it is outside the banking system. In homes, under mattresses etc. If the money is outside the banking system as stated the CBI would not have access to it to reduce it. So one can conclude that the chart is wrong.
1-3-2020 Newshound Guru chattels I do think that Iraq needs greater buying power because they are an import nation. Greater value for the dinar improves their buying power, but I have never thought that Iraq could successfully unilaterally declare a value to their currency. For their currency to be worth more in the marketplace with imports then other nations must accept that value for the dinar. I could certainly be wrong.
1-3-2020 Intel Guru MarkZ [So do you think the death of Sulemani will have any effect on our investment?] I do expect a couple of rocky days which is why I am looking toward the 6th-ish…rather than right away even though my banking sources still swear its now. I think they need to see if there is any fallout from this. Keep in mind that Soleimani is key to the infiltration of Iran’s reach into Iraq. He also whipped up the attack on the US Embassy. I think him being gone is a good thing.
1-3-2020 Newshound Guru Jeff Article "The current year will witness the passage of controversial laws" ...all the controversial laws are dependent on the rate change. Oil and gas. Federal court. Article 140...they're waiting on the rate change. They cannot amend these laws and add them to the constitution until after the rate change. It's that simple..."this year will witness a passage of controversial laws."
1-3-2020 Intel Guru Bruce [via WiserNow] ...Fortunately for you and for me we have some – really good ones [sources] and I can tell you I’ve got a timeline that takes us all the way through Tuesday...I mentioned this...if we did not get started by the weekend we’re probably looking at a Monday/Tuesday start...Now, could we get a surprise on Saturday? It’s possible...I believe this time we have...absolute plans to complete this pretty much in the timeframe I’ve outlined...I’m excited about it – I think we are good to go...
1-3-2020 Intel Guru MarkZ [via PDK] We are still in about the same place we were yesterday. Our banking side here in the Us seem to think we will see it at any moment. The Iraqi side is still looking at the 5th or 6th. Military sources agree with after the 5th. Through the 15th.
1-3-2020 Newshound Guru Kaperoni [Guru] Enorrste and I agree, the next 30-60 days in Iraq could decide the fate of the dinar investment.
1-3-2020 Guru BobTheTaxMan ...We are here. We are really really knocking on the door of this thing coming to fruition...I know the CBI is a little difficult to understand...there happen to be a graph that's showed up...that thing is a SHOCKER! ...the graphic changes that is going on inside the CBI really denotes the major shift that is happening and is on it's way...that graph is really dramatic...I haven't seen anything so far that shows such a drastic change. This is official. This is coming out of the CBI itself...
1-3-2020 Newshound/Intel Guru tman23 Word is Solemani was in Iraq to operate a coup, the plan was to take over the Iraq government and arrest Iraqi president Sahlim Barham...Hadr Ameri, leader of the Badr corps is said to have been arrested by US authorities...so now we hear on major outlets for an emergency session for Parliament ...should hear about Ameri being arrested in next day or so...going to be an interesting weekend...
1-3-2020 Newshound Guru chattels [as far as that 50 trillion to 5 trillion,I would certainly love some clarification on it's true meaning. I have seen differences in opinions.] Let's just wait for the next report. If it was an error then it likely will be corrected. If it stays the same then maybe there is something to it all.
1-3-2020 Newshound Guru Kaperoni There is a rumor...that the CBI reduced the money supply from 45 trillion or so to around 5 trillion. [Reference Guru Breitling 1-2-2020] This is not possible on many fronts. Though the CBI reports website shows such a chart - it is not possible. 1. the CBI continues the currency auctions. And the auctions are based on a "balance" of dinar to dollars. Offsetting that would create substantial demand for the currency. 2. the CBI has come out on numerous occasions that 70% or so of the currency in circulation is "chunky" meaning it is outside the banking system. In homes, under mattresses etc. If the money is outside the banking system as stated the CBI would not have access to it to reduce it. So one can conclude that the chart is wrong.
1-2-2020 Newshound Guru Breitling ...Every country on the planet that drops their note count what happens to the value of their currency? It goes up...it's universal...they're [Iraq is] dropping their note count...when they drop their note count guess what? The value of their currency goes up. They're putting things in place. The budget depends on investments because they're losing in the commodities market as far as the energy markets go. So they're investing in the international markets. And they're not gonna do that at a ten of a penny...that's what these guys are trying to tell you. So all these indicators are in place. It should make you very very happy...I couldn't be more excited... [Post 2 of 2]
1-2-2020 Newshound Guru Breitling ...I've been getting emails of people asking me about the graph from the CBI...it shows the drop in currency...if you go back...what was the value? About $3.25...they had between 1 and a half to 2 billion notes in the market...that was the number that we needed to watch. The chart that you guys are looking at is very important...there it is from the CBI...Look how much the currency has dropped. Here's what we don't know. We don't know how many denominations are out in public. In other words how many 25K notes. How many 10K notes. How many 5K notes. So even though they say they've dropped the note count it doesn't give us enough information to determine how many dinar are out there. But we can see they dropped the note count. It's right there in front of you. [Post 1 of 2 Stay tuned for the rest of the story]
1-2-2020 Newshound Guru Jeff ...one of the more popular gurus...saying it's gonna change at the beginning of the year and the budget will be implemented at the beginning of the year. I told you guys to be cautious with this type of information because this is over-hyped BS...
1-2-2020 Newshound/Intel Guru Mnt Goat ...For the CBI to launch the project to delete the zeros any time soon would take a miracle. However, I am not hearing the CBI is going to postpone again due to the current situation. But this puzzles me as to why they would do this in the midst of such chaos...We see much instability issues now in Iraq. This situation is close to a major escalation but not yet. Some foreign investors are pulling out of Iraq but this can still be salvaged. The government must find solutions very soon or years, if not decades, of work will be lost...I still keep my hopes up that the CBI may still move forward in the midst of the turmoil...There is still a window of opportunity remaining. Let's just see how it all plays out..
1-2-2020 Newshound Guru Breitling ...a lot of stuff we've been looking at...everything is coming down the road. Everything is lining up. If people are not excited about this they're never gonna get excited...you have Iraq telling you that they have a new budget based on lower oil prices and its determined by investments. And so what are they gonna do? They're gonna reduce their note count. They're gonna start doing what we've been talking about...they said that they needed to add value to their currency. Now they are dependent only on that because they have to add value to their currency to get into the international markets...we couldn't be in a better position. That's why I've been so positive...there's nothing else they need to do. They took the cover off of everything. All this stuff is in the news. They're telling everybody what they're gonna do.
1-2-2020 Newshound Guru Jeff ...IMO they are in the process of positioning the money for the rate change - the last final step...there actually haven't been any delays...
1-2-2020 Intel Guru MarkZ [via PDK] My Iraqi Sources are now squarely looking at Jan. 5th. From Gov. and military sources…they are looking from the 5th to the 15th. ...the banking side is saying “now” because that is what they hear from those above them in the chain of command….The military is looking for indicators like what is happening, where troops are moving to protect things ect…the government side looks at treaties, signatures, voting on this and that… so the different groups look at different things to estimate timing...
1-2-2020 Intel Guru Frank26 HAPPY NEW YEAR FAMILY...BECAUSE IMO...IT IS...YOUR TURN...
1-2-2020 Newshound Guru Breitling ...I've been getting emails of people asking me about the graph from the CBI...it shows the drop in currency...if you go back...what was the value? About $3.25...they had between 1 and a half to 2 billion notes in the market...that was the number that we needed to watch. The chart that you guys are looking at is very important...there it is from the CBI...Look how much the currency has dropped. Here's what we don't know. We don't know how many denominations are out in public. In other words how many 25K notes. How many 10K notes. How many 5K notes. So even though they say they've dropped the note count it doesn't give us enough information to determine how many dinar are out there. But we can see they dropped the note count. It's right there in front of you. [Post 1 of 2 Stay tuned for the rest of the story]
1-2-2020 Newshound Guru Jeff ...one of the more popular gurus...saying it's gonna change at the beginning of the year and the budget will be implemented at the beginning of the year. I told you guys to be cautious with this type of information because this is over-hyped BS...
1-2-2020 Newshound/Intel Guru Mnt Goat ...For the CBI to launch the project to delete the zeros any time soon would take a miracle. However, I am not hearing the CBI is going to postpone again due to the current situation. But this puzzles me as to why they would do this in the midst of such chaos...We see much instability issues now in Iraq. This situation is close to a major escalation but not yet. Some foreign investors are pulling out of Iraq but this can still be salvaged. The government must find solutions very soon or years, if not decades, of work will be lost...I still keep my hopes up that the CBI may still move forward in the midst of the turmoil...There is still a window of opportunity remaining. Let's just see how it all plays out..
1-2-2020 Newshound Guru Breitling ...a lot of stuff we've been looking at...everything is coming down the road. Everything is lining up. If people are not excited about this they're never gonna get excited...you have Iraq telling you that they have a new budget based on lower oil prices and its determined by investments. And so what are they gonna do? They're gonna reduce their note count. They're gonna start doing what we've been talking about...they said that they needed to add value to their currency. Now they are dependent only on that because they have to add value to their currency to get into the international markets...we couldn't be in a better position. That's why I've been so positive...there's nothing else they need to do. They took the cover off of everything. All this stuff is in the news. They're telling everybody what they're gonna do.
1-2-2020 Newshound Guru Jeff ...IMO they are in the process of positioning the money for the rate change - the last final step...there actually haven't been any delays...
1-2-2020 Intel Guru MarkZ [via PDK] My Iraqi Sources are now squarely looking at Jan. 5th. From Gov. and military sources…they are looking from the 5th to the 15th. ...the banking side is saying “now” because that is what they hear from those above them in the chain of command….The military is looking for indicators like what is happening, where troops are moving to protect things ect…the government side looks at treaties, signatures, voting on this and that… so the different groups look at different things to estimate timing...
1-2-2020 Intel Guru Frank26 HAPPY NEW YEAR FAMILY...BECAUSE IMO...IT IS...YOUR TURN...
1-1-2020 Intel Guru Bruce ...let me tell you the redemption centers and tier 1 banks will be notified very soon with the procedures – the actual information about the procedures on the release of notification of the 800 numbers - that is coming I’d say in less than 24 hours -- ...the full timeline is in plan right now – we have a pretty good picture of what it looks like and suffice it to say that things are moving forward – there’s a lot happening behind the scenes...
1-1-2020 Newshound Guru Adam Montana [Well, it looks like that Iran /Iraq relationship has just about ended our dream of any kind of RV/RI...] Ok, chicken little, the sky is not falling...We know things are going to get crazy before the RV. This might be the start of it, but this is definitely not "game over"!
1-1-2020 Intel Guru MarkZ Really great chatter coming out of the banking centers...here in the US it appears they are in place with great expectations of a release sometime today...I have heard they want it out the door today, but since we have heard that many times before...not sure what to think but since my contacts are at work today in redemption centers I am cautiously optimistic. If you listen to the banking centers we are within hours or days...I look at the indicators…what Iraq banks are doing between now and Jan 5th (no loans, no cash deposits or withdrawals) so personally I think we are in the best window right now to see it. I am trying to moderate my excitement.
1-1-2020 Intel Guru Bruce I found out...the 31st of December that the intent was to get this whole RV/ GCR done mid October but we weren’t ready for it...Then...to try to get there by 13th 14th or 15th of December – and we could not make that happen ...Then the process was like ...we are looking at after the first of the year and I don’t mean long after either ...Joe Public...is set to start approximately the 15th of January...That means we need to be in and through by then... In fact, the entire process for us and the public they want to have completed by the very end of January...totally DONE... COMPLETE... So that gives you some idea of the timeline we’re on... If everything goes according to plan and as it is now we should be there by the end of this week... I think we’re looking very, very good before the weekend okay?
1-1-2020 Newshound Guru Jeff ...Iraq already came out telling you they're doing a temporary interim budget at the beginning of the year which means the 2020 budget will not cover starting from January. They're telling you that they're going to utilize a new fiscal year. Because of that temporary budget...the factual data shows that they're transitioning back to their previous fiscal year going from April through March... [Post 2 of 2]
1-1-2020 Newshound Guru Jeff ...You have to look at Kuwait's as a prime example to gauge Iraq. Kuwait specifically did theirs on a Sunday morning of March 24th of '91. The reason it was done at that time is because that was done shortly before the beginning of their fiscal year which would be April 1st...Iraq is gonna have to change the rate at the beginning period of a new accounting period...because this is such a major rate change...if it was $3 that would be a 3000% increase. If it was closer to $4 it would be a 4000% increase. That's massive...I've been saying this to my long timers throughout the entire year of 2019... [Post 1 of 2 stay tuned!]
1-1-2020 Intel Guru MarkZ [Any news on the flat tax?] No...We have seen a number of resolution bills that are still in committee pointing to they are prepared for the flat tax…the paperwork is in place...they need to pull a quick vote for approval
1-1-2020 Newshound Guru Adam Montana [Well, it looks like that Iran /Iraq relationship has just about ended our dream of any kind of RV/RI...] Ok, chicken little, the sky is not falling...We know things are going to get crazy before the RV. This might be the start of it, but this is definitely not "game over"!
1-1-2020 Intel Guru MarkZ Really great chatter coming out of the banking centers...here in the US it appears they are in place with great expectations of a release sometime today...I have heard they want it out the door today, but since we have heard that many times before...not sure what to think but since my contacts are at work today in redemption centers I am cautiously optimistic. If you listen to the banking centers we are within hours or days...I look at the indicators…what Iraq banks are doing between now and Jan 5th (no loans, no cash deposits or withdrawals) so personally I think we are in the best window right now to see it. I am trying to moderate my excitement.
1-1-2020 Intel Guru Bruce I found out...the 31st of December that the intent was to get this whole RV/ GCR done mid October but we weren’t ready for it...Then...to try to get there by 13th 14th or 15th of December – and we could not make that happen ...Then the process was like ...we are looking at after the first of the year and I don’t mean long after either ...Joe Public...is set to start approximately the 15th of January...That means we need to be in and through by then... In fact, the entire process for us and the public they want to have completed by the very end of January...totally DONE... COMPLETE... So that gives you some idea of the timeline we’re on... If everything goes according to plan and as it is now we should be there by the end of this week... I think we’re looking very, very good before the weekend okay?
1-1-2020 Newshound Guru Jeff ...Iraq already came out telling you they're doing a temporary interim budget at the beginning of the year which means the 2020 budget will not cover starting from January. They're telling you that they're going to utilize a new fiscal year. Because of that temporary budget...the factual data shows that they're transitioning back to their previous fiscal year going from April through March... [Post 2 of 2]
1-1-2020 Newshound Guru Jeff ...You have to look at Kuwait's as a prime example to gauge Iraq. Kuwait specifically did theirs on a Sunday morning of March 24th of '91. The reason it was done at that time is because that was done shortly before the beginning of their fiscal year which would be April 1st...Iraq is gonna have to change the rate at the beginning period of a new accounting period...because this is such a major rate change...if it was $3 that would be a 3000% increase. If it was closer to $4 it would be a 4000% increase. That's massive...I've been saying this to my long timers throughout the entire year of 2019... [Post 1 of 2 stay tuned!]
1-1-2020 Intel Guru MarkZ [Any news on the flat tax?] No...We have seen a number of resolution bills that are still in committee pointing to they are prepared for the flat tax…the paperwork is in place...they need to pull a quick vote for approval
12-31-2019 Newshound/Intel Guru Mnt Goat It takes time and we see much progress. The Iranian backed blocs have to get it into their thick heads that things are NOT going back to their form of normal (meaning corruption). Already the new election law changes how the process works. Oh – yes they would like things to settle back down their way so they can keep stealing from Iraq and feeding Iran. But this is why the demonstrations are happening in the first place and so this is NOT going to happen, not ever! ...We must go through this to get to it (our investment). [post 2 of 2]
12-31-2019 Newshound/Intel Guru Mnt Goat UPDATE: Reinstatement progress...Remember that the UN and Sadr both agreed to finally pay out the excess oil revenues through the HCL to the citizens and do it now. ...This was weeks ago? But we also know this will take a change in the rate and will trigger the smaller of the small category denominations to come out. The process has been set up that way to happen. So we wait...for things to settle down. But they will not even begin to settle down until a new prime minister is selected that meets the demands of the protestors. When will this happen? [post 1 of 2....stay tuned]
12-31-2019 Intel Guru Jeff I'm looking for two key things right now within the month of January [Budget and PM]. IMO I feel Iraq has about 90 days. They're not in any kind of rush. 90 days to really get the money positioned and change the rate. I'm looking from the beginning of January through the end of March...
12-31-2019 Intel Guru MarkZ The Iraqi run on the US Embassy guys…can you blame them? I do not think this is a negative for us…I think this is positive for us. The Iraqi people are being held hostage monetarily while America screws around getting things done or not done…Iraq is ready…has been ready…They have done what they needed to do to revalue their currency…they are beyond frustrated.
12-31-2019 Newshound/Intel Guru Mnt Goat So the news today is still all about the Iranian influence in Iraq and the chaos it is causing. Finally, the US forces took action against them. The protestors support this action. Some Iranian backed politicians, of course, did not like and so spoke up. But this will all change and sooner than later. It may take an escalation of the US forces to push them out... What will happen? Whatever does happen must be met with support from the GOI and parliament.
12-31-2019 Newshound Guru Jeff ...Iraq through the year of '19 has showed you a lot of articles showing if they were to change the rate right now because they are pegged to the dollar that the new rate they'd achieve would be "$1 plus". In order for them to achieve a "$3 plus" rate they have to have to do what Kuwait has done. They have to un-peg from the dollar and re-peg to a currency assortment basket...
12-31-2019 Intel Guru Delta REPORT IS OUT FOR NOV ...CBI DID PRINT CURRENCY ON NOV AT THE COST OF $35,006,954 WORTH...800,182,960,000 DINARS.
12-31-2019 Newshound/Intel Guru Mnt Goat UPDATE: Reinstatement progress...Remember that the UN and Sadr both agreed to finally pay out the excess oil revenues through the HCL to the citizens and do it now. ...This was weeks ago? But we also know this will take a change in the rate and will trigger the smaller of the small category denominations to come out. The process has been set up that way to happen. So we wait...for things to settle down. But they will not even begin to settle down until a new prime minister is selected that meets the demands of the protestors. When will this happen? [post 1 of 2....stay tuned]
12-31-2019 Intel Guru Jeff I'm looking for two key things right now within the month of January [Budget and PM]. IMO I feel Iraq has about 90 days. They're not in any kind of rush. 90 days to really get the money positioned and change the rate. I'm looking from the beginning of January through the end of March...
12-31-2019 Intel Guru MarkZ The Iraqi run on the US Embassy guys…can you blame them? I do not think this is a negative for us…I think this is positive for us. The Iraqi people are being held hostage monetarily while America screws around getting things done or not done…Iraq is ready…has been ready…They have done what they needed to do to revalue their currency…they are beyond frustrated.
12-31-2019 Newshound/Intel Guru Mnt Goat So the news today is still all about the Iranian influence in Iraq and the chaos it is causing. Finally, the US forces took action against them. The protestors support this action. Some Iranian backed politicians, of course, did not like and so spoke up. But this will all change and sooner than later. It may take an escalation of the US forces to push them out... What will happen? Whatever does happen must be met with support from the GOI and parliament.
12-31-2019 Newshound Guru Jeff ...Iraq through the year of '19 has showed you a lot of articles showing if they were to change the rate right now because they are pegged to the dollar that the new rate they'd achieve would be "$1 plus". In order for them to achieve a "$3 plus" rate they have to have to do what Kuwait has done. They have to un-peg from the dollar and re-peg to a currency assortment basket...
12-31-2019 Intel Guru Delta REPORT IS OUT FOR NOV ...CBI DID PRINT CURRENCY ON NOV AT THE COST OF $35,006,954 WORTH...800,182,960,000 DINARS.
12-30-2019 Newshound Guru Jeff Article via ZazaZoom "Parliamentary Finance: The Government will proceed with the interim budget" ...there are a whole bunch of gurus talking about new rates and everything coming out around January 1st. If they were going to complete the budget and put out a brand new rate January 1st they would not be doing a temporary budget or interim budget. This is the third article I've seen talking about this...
12-30-2019 Intel Guru MarkZ I believe we will be in a great place again starting sometime today. With people getting back into position I am very excited about this week. The reset has been started…imo .they will not be able to stop it now…
12-30-2019 Guest Guru Tekmouse Reducing the amount issued to 5 tril limits the amount of notes that it can be. If you take the time they stated they had 9 billion notes out there, their 'Currency Issued by CBI " was approx 40 trillion. So divide the 40 trillion by 9 billion notes and you get the average note value. Take that same note value, as a closest guess based on historical data, and divide it by the current 5.1 trillion 'Currency Issued by the CBI' - so 5.1 tril divided by 4,444 is 1,147,614,761 notes. A SWAG, if you will. But eh SWAG is below the 3 billion notes required to reach $1.17 and close to the 1 billion notes required to reach the CBI's desired $3.25... [Post 2 of 2]
12-30-2019 Guest Guru Tekmouse [Response to Frank & Delta Post 12-29-2019] The M0 is not the value of their currency alone. An M0 INCLUDES the country's money in it. If you had $10,000 in the bank your personal M0 would not be $10,000. It would be whatever your car, house, plane cash, portfolio etc is COMBINED...The M0 is the value of their assets. They're [Iraq] freaking rich. It's even more significant that they went from 50 trillion in total to 5 trillion in total. 5.1 trillion Currency issued by CBI is lower than Jan 2004, which was 6.1 trillion. The value of the currency is factored greatly by the amount of notes...The CBI stated they need to REDUCE the note count to 3 billion notes to get to their $1.17, per their foreign policy. They were at 22 billion at one point and then they were down to 9 billion 5 years ago. [Post 1 of 2....stay tuned]
12-30-2019 Newshound Guru Jeff ...In order for Iraq to have a rate greater than $1-plus and go up to $3-plus they need to un-peg from the dollar and go to a new fiscal year. Then they would have to be pegged to a currency assortment basket to achieve a rate greater than $1. That would most likely transition them to a different fiscal period and that would suggest to us why they're doing this temporary budget...[Post 2 of 2]
12-30-2019 Newshound Guru Jeff Article via ZazaZoom: "Parliamentary Finance: The Government will proceed with the interim budget" ...The reason why they've never done an interim budget but they would now need to tells us they're most likely transitioning to a different fiscal period and they would need some kind of temporary funds to cover them for the period of time that the main budget is not covered...historically in the 70's their fiscal year went from April through the end of March. Identical to Kuwait's... [Post 1 of 2....stay tuned]
12-30-2019 Intel Guru Delta it's a high possibility IMO that we might...see the rate [December] 31st on the Central Bank of Iraq website. We might not see it until the 2nd...we're definitely on track...
12-30-2019 Intel Guru MarkZ I believe we will be in a great place again starting sometime today. With people getting back into position I am very excited about this week. The reset has been started…imo .they will not be able to stop it now…
12-30-2019 Guest Guru Tekmouse Reducing the amount issued to 5 tril limits the amount of notes that it can be. If you take the time they stated they had 9 billion notes out there, their 'Currency Issued by CBI " was approx 40 trillion. So divide the 40 trillion by 9 billion notes and you get the average note value. Take that same note value, as a closest guess based on historical data, and divide it by the current 5.1 trillion 'Currency Issued by the CBI' - so 5.1 tril divided by 4,444 is 1,147,614,761 notes. A SWAG, if you will. But eh SWAG is below the 3 billion notes required to reach $1.17 and close to the 1 billion notes required to reach the CBI's desired $3.25... [Post 2 of 2]
12-30-2019 Guest Guru Tekmouse [Response to Frank & Delta Post 12-29-2019] The M0 is not the value of their currency alone. An M0 INCLUDES the country's money in it. If you had $10,000 in the bank your personal M0 would not be $10,000. It would be whatever your car, house, plane cash, portfolio etc is COMBINED...The M0 is the value of their assets. They're [Iraq] freaking rich. It's even more significant that they went from 50 trillion in total to 5 trillion in total. 5.1 trillion Currency issued by CBI is lower than Jan 2004, which was 6.1 trillion. The value of the currency is factored greatly by the amount of notes...The CBI stated they need to REDUCE the note count to 3 billion notes to get to their $1.17, per their foreign policy. They were at 22 billion at one point and then they were down to 9 billion 5 years ago. [Post 1 of 2....stay tuned]
12-30-2019 Newshound Guru Jeff ...In order for Iraq to have a rate greater than $1-plus and go up to $3-plus they need to un-peg from the dollar and go to a new fiscal year. Then they would have to be pegged to a currency assortment basket to achieve a rate greater than $1. That would most likely transition them to a different fiscal period and that would suggest to us why they're doing this temporary budget...[Post 2 of 2]
12-30-2019 Newshound Guru Jeff Article via ZazaZoom: "Parliamentary Finance: The Government will proceed with the interim budget" ...The reason why they've never done an interim budget but they would now need to tells us they're most likely transitioning to a different fiscal period and they would need some kind of temporary funds to cover them for the period of time that the main budget is not covered...historically in the 70's their fiscal year went from April through the end of March. Identical to Kuwait's... [Post 1 of 2....stay tuned]
12-30-2019 Intel Guru Delta it's a high possibility IMO that we might...see the rate [December] 31st on the Central Bank of Iraq website. We might not see it until the 2nd...we're definitely on track...
12-29-2019 Newshound Guru Adam Montana [So, I can't help but think if there was a 10 cent with a float, there would be a MASSIVE run on the buying of dinar...] massive run on the dinar - YES, which means a massive influx of cash to Iraq’s vaults, which makes them look better, which adds to the demand for dinar, which raises the price, which puts more money in their vaults, and on and on. It’s a snowball effect at that point. I don’t want to see a massive run on the Dinar before the RV. I DO want to see that immediately following the RV.
12-29-2019 Intel Gurus Frank26 & Delta ...we got the proof that the CBI did delete the zeros at the end of November...CBI website... remember the money supply was 50 trillion...it dropped all the way down to 5 trillion...[Guru] MilitiaMan found this...another proof of the positioning that they're about to do with this...this is real numbers...they did this on November 30th...
12-29-2019 Intel Guru footforward Let me be really clear. I don't believe there has been an "in country ...I'm suggesting somewhere on paper they have changed their money supply for when the RV happens. They are getting ready for this...If they have reduced the money supply, that is a huge change. That hasn't been done before...Not like this...So the only other thing that would account for a shift of 45 trillion in their money supply is if the value increased...I think they went from 50 trillion dinar notes to 5 trillion notes and fills...If they revalued and had that much currency, the dinar wouldn't be worth much...
12-29-2019 Intel Guru Frank26 ...on January 1st IMO a 2020 budget for the Iraqi government should come out. IMO it has a higher chance of coming out with a new rate for new small category notes they want to introduce so badly. They are in the position to do so in that budget. If not then based on how much longer or violent the protesting will be that might be the barometer that we need in order to determine when we're gonna see the new rate...this rioting is definitely influential in when they're going to release it...
12-29-2019 Newshound Guru chattels With all due respect to those who believe that the GOI is not as important as the CBI, I ask what monetary or banking policy can exist if there is no functional government ?
12-29-2019 Intel Gurus Frank26 & Delta ...we got the proof that the CBI did delete the zeros at the end of November...CBI website... remember the money supply was 50 trillion...it dropped all the way down to 5 trillion...[Guru] MilitiaMan found this...another proof of the positioning that they're about to do with this...this is real numbers...they did this on November 30th...
12-29-2019 Intel Guru footforward Let me be really clear. I don't believe there has been an "in country ...I'm suggesting somewhere on paper they have changed their money supply for when the RV happens. They are getting ready for this...If they have reduced the money supply, that is a huge change. That hasn't been done before...Not like this...So the only other thing that would account for a shift of 45 trillion in their money supply is if the value increased...I think they went from 50 trillion dinar notes to 5 trillion notes and fills...If they revalued and had that much currency, the dinar wouldn't be worth much...
12-29-2019 Intel Guru Frank26 ...on January 1st IMO a 2020 budget for the Iraqi government should come out. IMO it has a higher chance of coming out with a new rate for new small category notes they want to introduce so badly. They are in the position to do so in that budget. If not then based on how much longer or violent the protesting will be that might be the barometer that we need in order to determine when we're gonna see the new rate...this rioting is definitely influential in when they're going to release it...
12-29-2019 Newshound Guru chattels With all due respect to those who believe that the GOI is not as important as the CBI, I ask what monetary or banking policy can exist if there is no functional government ?
12-28-2019 Intel Guru Frank26 [If they adjusted the rate higher than a 1 to 1 value (5 to 1) would there still be a different rate for out of country or just the single rate.] A DINAR IS A DINAR IN COUNTRY...A DINAR OUT OF THE COUNTRY IS GOVERNED BY THE MARKET RATE. THESE ARE TWO DIFFERENT... POSITIONS... RATES.
12-28-2019 Newshound Guru Adam Montana ...Last week, several options were considered, and they ended up with a completely unacceptable candidate: The current governor of Basra, Asaad Al-Eidani. *Sigh*... as if that was going to go well! Now, the President of Iraq Barham Saleh has stated that HE will also resign over the reaction to this nomination! ...Bottom line... the people are going to win this one. There WILL be a massive change in Iraq, and it's happening. Right now. Overall, I'm very happy with the situation. [post 2 of 2]
12-28-2019 Newshound Guru Adam Montana Iraq is taking the end of 2019 serious...First, the recent history: Beginning of October 2019, the people of Iraq began protesting. And when I say "protesting", I mean riots, people dead, "we're not going to take it" level of protesting. The most recent Prime Minister quit, and his successor needed to be named in a short period of time. Parliament made it known that the voices of the people were heard, they know they can't just stick another puppet up there and expect things to be okay again... [post 1 of 2....stay tuned]
12-28-2019 Newshound Guru chattels Quote: "...the 2020 budget has some amazing stuff in it...Article 140, HCL all that is now inside the 2020 budget..." How is Article 140 inside the 2020 Budget? The Iraqi budget, when passed, becomes law for the year of that budget. The HCL is a permanent accord between the GOI and the KRG which governs many things related to oil production, sales, etc. There have been at least two drafts of the HCL, neither adopted and none in and budget law.
12-28-2019 Intel Guru Frank26 [Reference Delta Post 12-28-2019] ...This is a break in the pattern of the last 11 years...this is a pattern in which the CBI is involved in this process through the banks. Citizens cannot withdraw. They cannot deposit. They can't touch them. Nada until the 5th of January...this has never happened before and it's so unprecedented...
12-28-2019 Intel Guru Delta ...you [CBI] are about to introduce the lower denominations. You're about to change your rate. You don't want to mess this one up...I've never seen this pattern before...there's something fishy here. There's something going on IMO...they might load those ATMs with lower denominations. Whatever the case definitely it's very interesting and this is out of the pattern...Everything is shut down and now is the right time for you to show everything... [Post 2 of 2]
12-28-2019 Intel Guru Delta ...more confirmation that we may see something...the Trade Bank of Iraq they came out with three separate announcements for their own customers...They're stating that they are going to start suspending some activities...you cannot withdraw cash starting on Thursday [26th]...And on Sunday the 29th they're going to suspend all the wire transfers and all the deposits. On Sunday you cannot deposit cash and cannot wire transfer...I've never seen a bank shutting down the cash. You cannot withdraw cash. You cannot deposit cash. This is very interesting to see because it's never happened before... [Post 1 of 2.... stay tuned]
12-28-2019 Intel Guru MarkZ [Did Iraq get a new Prime Minister?] I was told the back door deals, the hand-shaking is done and they expect to announce it on Sunday. I think they will be shaking off more of the Iranian clutches from their government.
12-28-2019 Newshound Guru Jeff IMO we are at the last step waiting for Iraq to position and allocate money from within the 2020 budget. But they put a little spin on this. Now I strongly feel that we are waiting for them to resolve the prime-minister issue...IMO we want to see the Prime-minister portion resolved by or around January 15th...that would easily leave them two and a half months to tackle the 2020 budget...IMO the 2020 budget is the very last step that we're waiting on...I still feel we're in a very good position. Obviously just a little time is needed...
12-28-2019 Newshound Guru Adam Montana ...Last week, several options were considered, and they ended up with a completely unacceptable candidate: The current governor of Basra, Asaad Al-Eidani. *Sigh*... as if that was going to go well! Now, the President of Iraq Barham Saleh has stated that HE will also resign over the reaction to this nomination! ...Bottom line... the people are going to win this one. There WILL be a massive change in Iraq, and it's happening. Right now. Overall, I'm very happy with the situation. [post 2 of 2]
12-28-2019 Newshound Guru Adam Montana Iraq is taking the end of 2019 serious...First, the recent history: Beginning of October 2019, the people of Iraq began protesting. And when I say "protesting", I mean riots, people dead, "we're not going to take it" level of protesting. The most recent Prime Minister quit, and his successor needed to be named in a short period of time. Parliament made it known that the voices of the people were heard, they know they can't just stick another puppet up there and expect things to be okay again... [post 1 of 2....stay tuned]
12-28-2019 Newshound Guru chattels Quote: "...the 2020 budget has some amazing stuff in it...Article 140, HCL all that is now inside the 2020 budget..." How is Article 140 inside the 2020 Budget? The Iraqi budget, when passed, becomes law for the year of that budget. The HCL is a permanent accord between the GOI and the KRG which governs many things related to oil production, sales, etc. There have been at least two drafts of the HCL, neither adopted and none in and budget law.
12-28-2019 Intel Guru Frank26 [Reference Delta Post 12-28-2019] ...This is a break in the pattern of the last 11 years...this is a pattern in which the CBI is involved in this process through the banks. Citizens cannot withdraw. They cannot deposit. They can't touch them. Nada until the 5th of January...this has never happened before and it's so unprecedented...
12-28-2019 Intel Guru Delta ...you [CBI] are about to introduce the lower denominations. You're about to change your rate. You don't want to mess this one up...I've never seen this pattern before...there's something fishy here. There's something going on IMO...they might load those ATMs with lower denominations. Whatever the case definitely it's very interesting and this is out of the pattern...Everything is shut down and now is the right time for you to show everything... [Post 2 of 2]
12-28-2019 Intel Guru Delta ...more confirmation that we may see something...the Trade Bank of Iraq they came out with three separate announcements for their own customers...They're stating that they are going to start suspending some activities...you cannot withdraw cash starting on Thursday [26th]...And on Sunday the 29th they're going to suspend all the wire transfers and all the deposits. On Sunday you cannot deposit cash and cannot wire transfer...I've never seen a bank shutting down the cash. You cannot withdraw cash. You cannot deposit cash. This is very interesting to see because it's never happened before... [Post 1 of 2.... stay tuned]
12-28-2019 Intel Guru MarkZ [Did Iraq get a new Prime Minister?] I was told the back door deals, the hand-shaking is done and they expect to announce it on Sunday. I think they will be shaking off more of the Iranian clutches from their government.
12-28-2019 Newshound Guru Jeff IMO we are at the last step waiting for Iraq to position and allocate money from within the 2020 budget. But they put a little spin on this. Now I strongly feel that we are waiting for them to resolve the prime-minister issue...IMO we want to see the Prime-minister portion resolved by or around January 15th...that would easily leave them two and a half months to tackle the 2020 budget...IMO the 2020 budget is the very last step that we're waiting on...I still feel we're in a very good position. Obviously just a little time is needed...
12-27-2019 Newshound Guru Kaperoni This is a process that's going to take time and the first thing we need to see is laws to support private investment. And then the hope that the government will open the economy as a result...Until laws are passed and in place and private investment comes in to rebuild there will be no appreciation of the dinar
12-27-2019 Intel Guru Bruce I believe it’s complete in the sense that we heard ...the Dept of Defense... activated the release codes so it could be handed off to the treasury... Now the Dept of Defense would not have done that...handed it off...had it not been ready/ complete...I take that as a very good sign...So we have to be open to this going at any moment any time...any day...Let’s be open to that possibility ...Would it be possible to start this on the first of January? ...I would say it’s very possible... [post 2 of 2]
12-27-2019 Intel Guru Bruce ...we expected to have something before Christmas and it did not come through and...I really think that we’re at a good place...We haven’t gone because we had at least 64 arrests of bankers this past week...these individuals in various ways were trying to stop this from going...they were holding it up...Now the good news is they have...made...changes to their personnel and hopefully that will take care of that problem... [post 1 of 2....stay tuned]
12-27-2019 Newshound Guru Jeff ...Iraq is strongly positioning themselves for the rate change. What has Iraq done through 2019? One thing that Iraq did was they ...strongly promoted the use of their own currency through writing loans...What else happened? They launched...a single currency practice...They were not able to utilize any other currencies to pay for reconstruction because they can only use the Iraq dinar going forward...what that does is strengthens their native currency...but they can't pay for that reconstruction...all that budget money is now inside the 2020 budget. They can't pay for it until after the rate change. That's an international step...the 2020 budget has some amazing stuff in it...Article 140, HCL all that is now inside the 2020 budget...
12-27-2019 Intel Guru MarkZ [via PDK] It was quiet last night as I expected...I am not looking for anything to happen until the 29th or 30th. Sunday /Monday is when I am looking at right now for things to heat back up. Could they surprise us and do things sooner...They absolutely could. It’s not out of the picture. We are in a tremendous spot right now…a great window. I’m not ruling it out - just not looking for it until the weekend.
12-27-2019 Intel Guru DELTA "We Found Something Big and Huge" ...URGENT ...[Gurus] MilitiaMan & FRANKIE [Frank26] & MYSELF WE FOUND SOMETHING SO BIG AND HUGE AND WE GOT THE PROVE THAT CBI DID DELETE ZEROS END OF NOVEMBER...WE WILL SEE WHEN TO RELEASE THE INFO...
12-27-2019 Newshound Guru chattels Article: "/Nina/ publishes the first amendment proposal for the Federal Financial Management Law Thursday 26, December 2019" At one time the gurus hailed the financial management law as a harbinger of the "RV". It was then and is now simply an accounting regulatory law, IMO.
12-27-2019 Newshound/Intel Guru Mnt Goat Wow! The news from Iraq is finally breaking wide-open and is all very good for us. The stalemate seems to be almost over and if it continues we might just see the reinstatement yet in early 2020... So Iraq still needs a new prime minister, someone the US and UN can also approve will preserve the Iraqi constitution. We see...on Christmas Eve the Electoral Law was finally agreed on and passed. Now two readings already on amendments to the Financial Administration Law. So let’s get the new prime minster completed. The CBI is waiting…
12-27-2019 Intel Guru Bruce I believe it’s complete in the sense that we heard ...the Dept of Defense... activated the release codes so it could be handed off to the treasury... Now the Dept of Defense would not have done that...handed it off...had it not been ready/ complete...I take that as a very good sign...So we have to be open to this going at any moment any time...any day...Let’s be open to that possibility ...Would it be possible to start this on the first of January? ...I would say it’s very possible... [post 2 of 2]
12-27-2019 Intel Guru Bruce ...we expected to have something before Christmas and it did not come through and...I really think that we’re at a good place...We haven’t gone because we had at least 64 arrests of bankers this past week...these individuals in various ways were trying to stop this from going...they were holding it up...Now the good news is they have...made...changes to their personnel and hopefully that will take care of that problem... [post 1 of 2....stay tuned]
12-27-2019 Newshound Guru Jeff ...Iraq is strongly positioning themselves for the rate change. What has Iraq done through 2019? One thing that Iraq did was they ...strongly promoted the use of their own currency through writing loans...What else happened? They launched...a single currency practice...They were not able to utilize any other currencies to pay for reconstruction because they can only use the Iraq dinar going forward...what that does is strengthens their native currency...but they can't pay for that reconstruction...all that budget money is now inside the 2020 budget. They can't pay for it until after the rate change. That's an international step...the 2020 budget has some amazing stuff in it...Article 140, HCL all that is now inside the 2020 budget...
12-27-2019 Intel Guru MarkZ [via PDK] It was quiet last night as I expected...I am not looking for anything to happen until the 29th or 30th. Sunday /Monday is when I am looking at right now for things to heat back up. Could they surprise us and do things sooner...They absolutely could. It’s not out of the picture. We are in a tremendous spot right now…a great window. I’m not ruling it out - just not looking for it until the weekend.
12-27-2019 Intel Guru DELTA "We Found Something Big and Huge" ...URGENT ...[Gurus] MilitiaMan & FRANKIE [Frank26] & MYSELF WE FOUND SOMETHING SO BIG AND HUGE AND WE GOT THE PROVE THAT CBI DID DELETE ZEROS END OF NOVEMBER...WE WILL SEE WHEN TO RELEASE THE INFO...
12-27-2019 Newshound Guru chattels Article: "/Nina/ publishes the first amendment proposal for the Federal Financial Management Law Thursday 26, December 2019" At one time the gurus hailed the financial management law as a harbinger of the "RV". It was then and is now simply an accounting regulatory law, IMO.
12-27-2019 Newshound/Intel Guru Mnt Goat Wow! The news from Iraq is finally breaking wide-open and is all very good for us. The stalemate seems to be almost over and if it continues we might just see the reinstatement yet in early 2020... So Iraq still needs a new prime minister, someone the US and UN can also approve will preserve the Iraqi constitution. We see...on Christmas Eve the Electoral Law was finally agreed on and passed. Now two readings already on amendments to the Financial Administration Law. So let’s get the new prime minster completed. The CBI is waiting…
12-26-2019 Intel Guru MarkZ [via PDK] [Can Iraq still go with no new prime minister in place?] Yes they can…we have to stop thinking of the politics in those countries and focus on “Do they have the assets” to do this. ...With an asset backed currency…you just have to have the assets in place to justify the value. So yes, I believe. Unless there is tremendous upheaval and turmoil... that they can go with or without a new leader in place
12-26-2019 Intel Guru Jeff ...I've been in this 10 years. I think I've only seen one article in 10 years where they ever talked about the physical exchange rate of the Iraq dinar ever being in the $3+ range. Like 99% of all the articles I've seen that mentioned anything about the Iraq exchange rate they've always showed it to be in the dollar range. Why is that? They're never gonna show you the real truth as to what the rate is even gonna be. That's why like I said 99% of the articles are talking about the dinar exchange rate being pegged to the dollar showing that the value of the exchange rate is in the dollar range. They don't want us to know that it could be in the $3+ range...they don't want you to think that it could even reach $3+...
12-26-2019 Newshound Guru larrykn As for the dinar...Look at the news and what they are doing...do you really believe they would change the rate when they don't even have a government in place. I think not. I'm sorry but it looks like we will still be here for awhile...not saying this won't happen but I do believe they have to have the country in order before they can do this...
12-26-2019 Intel Guru MarkZ Iraq has announced that they will be inventorying all their cash between the 29th of Dec. to Jan. 5th. Meaning their banks are not going to do any cash withdrawals as they inventory all the cash in the country. According to my contacts in Iraq say Iraq is planning to release the new rate at that time. This is really important IMO…the highlight of our window…Could they pull it off earlier with everyone quiet and gone…absolutely…would this be an ideal time? Absolutely…if they want to do it under the radar. So with Iraq making that announcement this is a golden opportunity …and I hear from everyone we are still in a perfect spot.
12-26-2019 Newshound Guru Jeff ...[Guru's] Frank26, Delta and MilitiaMan are all of the opinion that the rate will change around the beginning of this fiscal year...[MilitiaMan] is saying that March is a reckless rumor...here's where he's wrong...Iraq's never done a rate change at the end of the year...roughly 2010... Shabibi said that the best time for a rate change is either at the beginning of a fiscal year or middle. They've never commented around the end of a fiscal year...Back in the '70s Iraq's fiscal period was actually the exact same as Kuwait's from the beginning of April through the end of March...in 1973 Iraq's currency pegged to the dollar was worth $3.37 ... ...Iraq's preparing to join the international world community...Iraq will start managing and controlling all of their own affairs...that's when they would most likely transition to a new fiscal year and un-peg from the dollar and repeg to a currency assortment basket to be structured exactly how Kuwait is structured today...
12-26-2019 Newshound/Intel Guru Mnt Goat ...This part of HCL is very significant because the conditions specified for these payments is bringing the provisional rate to 1:1 with the US dollar first and paying out under this new rate. As I told you before it is going to be more like about 83 cents rather than 1.00. I am seeing some positive signs ...time will tell. We are hopeful this window of opportunity is taken advantage of and finally Iraq will move forward again with the project to delete the zeros. [post 2 of 2]
12-26-2019 Newshound/Intel Guru Mnt Goat I was hoping for announcements by the GOI on certain aspects that did not happen...These announcements should be about the payments of the HCL excess oil revenues to the citizens and hopefully the new prime minister. ...I have evidence of a meeting with the UN, US, CBI and the GOI and agreements have been made to do so soon, in fact it was supposed to happen already last week. [post 1 of 2....stay tuned]
12-26-2019 Intel/Newshound Guru Delta ...This is coming from the CBI...they said they can not change the value at any time...there is a legal and international policy they can change the rate only the first of the fiscal year. That's January 1st. That's why they could not do it July, August or September. We were wrong unfortunately...we thought they could do it at any time. That's wrong. They can not do it at any time...we are in a very good position right now...they ordered [the powers that be] the CBI that this time they are going to do it. There is no delay.
12-26-2019 Intel Guru Bruce ...The bank screens, were gray scale for days last week we didn’t have rates on the front screen at all - Now we have front screen rates in green - so we have the green light so to speak on the front screen... Well it doesn’t do us any good if we’re not in there – it’s good to know that they are there and are populated – We also know that the Iraqi dinar is going to be increasing in value – continuing to increase – and it should be settled in at whatever time we tier 4B are finally released to come in for our exchanges...what I’ve heard from bank sources today is that we should be in the driver’s seat by Thursday the 26th...But if we don’t...start our exchanging by Friday then we are looking to Monday-Tuesday start...I hate the term “Back walls” ...but this is from a very, very strong authority...
12-26-2019 Intel Guru Jeff ...I've been in this 10 years. I think I've only seen one article in 10 years where they ever talked about the physical exchange rate of the Iraq dinar ever being in the $3+ range. Like 99% of all the articles I've seen that mentioned anything about the Iraq exchange rate they've always showed it to be in the dollar range. Why is that? They're never gonna show you the real truth as to what the rate is even gonna be. That's why like I said 99% of the articles are talking about the dinar exchange rate being pegged to the dollar showing that the value of the exchange rate is in the dollar range. They don't want us to know that it could be in the $3+ range...they don't want you to think that it could even reach $3+...
12-26-2019 Newshound Guru larrykn As for the dinar...Look at the news and what they are doing...do you really believe they would change the rate when they don't even have a government in place. I think not. I'm sorry but it looks like we will still be here for awhile...not saying this won't happen but I do believe they have to have the country in order before they can do this...
12-26-2019 Intel Guru MarkZ Iraq has announced that they will be inventorying all their cash between the 29th of Dec. to Jan. 5th. Meaning their banks are not going to do any cash withdrawals as they inventory all the cash in the country. According to my contacts in Iraq say Iraq is planning to release the new rate at that time. This is really important IMO…the highlight of our window…Could they pull it off earlier with everyone quiet and gone…absolutely…would this be an ideal time? Absolutely…if they want to do it under the radar. So with Iraq making that announcement this is a golden opportunity …and I hear from everyone we are still in a perfect spot.
12-26-2019 Newshound Guru Jeff ...[Guru's] Frank26, Delta and MilitiaMan are all of the opinion that the rate will change around the beginning of this fiscal year...[MilitiaMan] is saying that March is a reckless rumor...here's where he's wrong...Iraq's never done a rate change at the end of the year...roughly 2010... Shabibi said that the best time for a rate change is either at the beginning of a fiscal year or middle. They've never commented around the end of a fiscal year...Back in the '70s Iraq's fiscal period was actually the exact same as Kuwait's from the beginning of April through the end of March...in 1973 Iraq's currency pegged to the dollar was worth $3.37 ... ...Iraq's preparing to join the international world community...Iraq will start managing and controlling all of their own affairs...that's when they would most likely transition to a new fiscal year and un-peg from the dollar and repeg to a currency assortment basket to be structured exactly how Kuwait is structured today...
12-26-2019 Newshound/Intel Guru Mnt Goat ...This part of HCL is very significant because the conditions specified for these payments is bringing the provisional rate to 1:1 with the US dollar first and paying out under this new rate. As I told you before it is going to be more like about 83 cents rather than 1.00. I am seeing some positive signs ...time will tell. We are hopeful this window of opportunity is taken advantage of and finally Iraq will move forward again with the project to delete the zeros. [post 2 of 2]
12-26-2019 Newshound/Intel Guru Mnt Goat I was hoping for announcements by the GOI on certain aspects that did not happen...These announcements should be about the payments of the HCL excess oil revenues to the citizens and hopefully the new prime minister. ...I have evidence of a meeting with the UN, US, CBI and the GOI and agreements have been made to do so soon, in fact it was supposed to happen already last week. [post 1 of 2....stay tuned]
12-26-2019 Intel/Newshound Guru Delta ...This is coming from the CBI...they said they can not change the value at any time...there is a legal and international policy they can change the rate only the first of the fiscal year. That's January 1st. That's why they could not do it July, August or September. We were wrong unfortunately...we thought they could do it at any time. That's wrong. They can not do it at any time...we are in a very good position right now...they ordered [the powers that be] the CBI that this time they are going to do it. There is no delay.
12-26-2019 Intel Guru Bruce ...The bank screens, were gray scale for days last week we didn’t have rates on the front screen at all - Now we have front screen rates in green - so we have the green light so to speak on the front screen... Well it doesn’t do us any good if we’re not in there – it’s good to know that they are there and are populated – We also know that the Iraqi dinar is going to be increasing in value – continuing to increase – and it should be settled in at whatever time we tier 4B are finally released to come in for our exchanges...what I’ve heard from bank sources today is that we should be in the driver’s seat by Thursday the 26th...But if we don’t...start our exchanging by Friday then we are looking to Monday-Tuesday start...I hate the term “Back walls” ...but this is from a very, very strong authority...
12-25-2019 Newshound/Intel Guru Mnt Goat What I am still hearing is that our window of now until mid-January is still wide open. It could literally happen at any moment during this period. The demonstrators have a huge impact and will force this out. No, Iraq does not need a robust economy or a market economy to allow the reinstatement of the dinar. Like I keep telling everyone, there is a difference between VALUE and the RATE of a currency. We know for a FACT that the Iraq dinar has the value it needs already way beyond its current rate. The rate is being held back intentionally due to corruption.
12-25-2019 Intel/Newshound Guru Frank 26 ...I believe in my heart and my opinion that the rate and the budget come out together...
12-25-2019 Newshound Guru Adam Montana [...you still thinking $0.10 or something more substantial given the increasing political pressure?] $0.10 still makes as much sense as it did before, and would be substantial enough to get everyone off the riot bus. The other side of that topic is "float or fixed", and I'm leaning heavily towards "float". This will keep pressure on all parties to keep moving Iraq forward, which may turn a .10 exchange rate into much more in a short time. The catch to that is going to be the cash in timeframe. I'm convinced it will be at least 90 days, but probably no more than a year. The new and old currencies would be used at the same time, and there's a good chance it will make sense to reinvest in the new currency as well. That is ONLY true if it's a float...
12-25-2019 Intel/Newshound Guru Delta ...the Education Minister in the Parliament they stated that in the budget 2020 they have this grant for students and the amount is 30,000 dinar only...30K doesn't make sense...30K at this rate isn't even $25. That doesn't make sense...which is more confirmation of what's in our opinion what you're waiting for with the dinars...
12-25-2019 Newshound Guru chattels Article: "Iraq’s parliament passes new electoral law after months of protests" The new law approved today means votes will be cast for individuals and not political lists, potentially lessening the influence of the established parties.
12-25-2019 Intel Guru MarkZ [Are the rates about the same or have they dropped a bit?] I hear some may have gone up a bit…so I am looking for them to be about the same or marginally higher
12-25-2019 Intel/Newshound Guru Frank 26 ...I believe in my heart and my opinion that the rate and the budget come out together...
12-25-2019 Newshound Guru Adam Montana [...you still thinking $0.10 or something more substantial given the increasing political pressure?] $0.10 still makes as much sense as it did before, and would be substantial enough to get everyone off the riot bus. The other side of that topic is "float or fixed", and I'm leaning heavily towards "float". This will keep pressure on all parties to keep moving Iraq forward, which may turn a .10 exchange rate into much more in a short time. The catch to that is going to be the cash in timeframe. I'm convinced it will be at least 90 days, but probably no more than a year. The new and old currencies would be used at the same time, and there's a good chance it will make sense to reinvest in the new currency as well. That is ONLY true if it's a float...
12-25-2019 Intel/Newshound Guru Delta ...the Education Minister in the Parliament they stated that in the budget 2020 they have this grant for students and the amount is 30,000 dinar only...30K doesn't make sense...30K at this rate isn't even $25. That doesn't make sense...which is more confirmation of what's in our opinion what you're waiting for with the dinars...
12-25-2019 Newshound Guru chattels Article: "Iraq’s parliament passes new electoral law after months of protests" The new law approved today means votes will be cast for individuals and not political lists, potentially lessening the influence of the established parties.
12-25-2019 Intel Guru MarkZ [Are the rates about the same or have they dropped a bit?] I hear some may have gone up a bit…so I am looking for them to be about the same or marginally higher
12-24-2012 Newshound Guru Jeff ...happy Christmas Eve...there are only two things I'm looking for to make sure we're on track for timing...still dialed in on Q1...I want to see them put a non-Iranian PM in place...remember towards the end of last week President Saleh went to Washington to get guidance from the Trump administration. So I want to see them put a non-Iranian P.M. And then I want to see them start the 2020 budget...as far as I'm concerned those are the only two things I'm worried about right now to know that we're on track...we have to see how it plays out...
12-24-2019 Intel Guru MarkZ I cannot stress enough that we are in a good spot. No one can pinpoint the exact date…but look around. We are really in a great spot. Look at everything they are doing in Iraq…we are there folks. My sources are telling me its any moment to the very early part of January. That this window is wide open based on logistics… Everything is in place…we are simply waiting for somebody to “flip the trigger” ...
12-24-2019 Intel/Newshound Guru Frank26 ...IMO it is the situation now that the recalculation of the rate they want to use for the 2020 budget worked. IMO they told us they want to use 1 American dollar to 1 Iraqi dinar. That's wonderful. That's a good start...IMO 1 to 1 is not going to cover 160 Trillion 2020 budget...
12-24-2019 Newshound Guru MilitiaMan 11) [Guru] Delta posted articles from the past defining the process and when the process is likely to play out. A rate change is only once a year and around the end or first part of the fiscal year. ...So the rumor that this could go out to March, per the CBI is unfounded...I am fairly confident there is nothing supporting there is anything from the CBI stating they are going to postpone or delay this process. ...Personally, we are in one heck of a window, imo! [post 5 of 5]
12-24-2019 Newshound Guru MilitiaMan 9) The CBI has a board of directors for Monetary Policy produce a video that orders the CBI to finish monetary reforms and they accepted those orders. A very BIG clue they are going to increase the exchange rate. In fact, the translation per [Guru] Delta talks of coins.. That is another massive supporting piece of evidence from the horses mouth. 10) From my understanding there may have been recent contact directly from Dr. Shabibi over the prior couple weeks. If true, then another slice is on the plate. [post 4 of 5....stay tuned]
12-24-2019 Newshound Guru MilitiaMan 5) ISX is said to be shutting down and purportedly to be international and opening with NASDAQ 01/02/2019... ISX has rules on value of shares when opening. Sub penny stocks to make muster. If true, it is another supporting slice of pie. 6) The Iraq Trade Bank in Saudi Arabia is and or has been on record of suggesting they'll open now early next year. Per [Guru] Delta that is a recent change. imo. 7) The Citizens are not shutting down from their demands and they mean business too. 8) USA showed up and is helping in that regard. [post 3 of 5...stay tuned]
12-24-2019 Intel Guru MarkZ I cannot stress enough that we are in a good spot. No one can pinpoint the exact date…but look around. We are really in a great spot. Look at everything they are doing in Iraq…we are there folks. My sources are telling me its any moment to the very early part of January. That this window is wide open based on logistics… Everything is in place…we are simply waiting for somebody to “flip the trigger” ...
12-24-2019 Intel/Newshound Guru Frank26 ...IMO it is the situation now that the recalculation of the rate they want to use for the 2020 budget worked. IMO they told us they want to use 1 American dollar to 1 Iraqi dinar. That's wonderful. That's a good start...IMO 1 to 1 is not going to cover 160 Trillion 2020 budget...
12-24-2019 Newshound Guru MilitiaMan 11) [Guru] Delta posted articles from the past defining the process and when the process is likely to play out. A rate change is only once a year and around the end or first part of the fiscal year. ...So the rumor that this could go out to March, per the CBI is unfounded...I am fairly confident there is nothing supporting there is anything from the CBI stating they are going to postpone or delay this process. ...Personally, we are in one heck of a window, imo! [post 5 of 5]
12-24-2019 Newshound Guru MilitiaMan 9) The CBI has a board of directors for Monetary Policy produce a video that orders the CBI to finish monetary reforms and they accepted those orders. A very BIG clue they are going to increase the exchange rate. In fact, the translation per [Guru] Delta talks of coins.. That is another massive supporting piece of evidence from the horses mouth. 10) From my understanding there may have been recent contact directly from Dr. Shabibi over the prior couple weeks. If true, then another slice is on the plate. [post 4 of 5....stay tuned]
12-24-2019 Newshound Guru MilitiaMan 5) ISX is said to be shutting down and purportedly to be international and opening with NASDAQ 01/02/2019... ISX has rules on value of shares when opening. Sub penny stocks to make muster. If true, it is another supporting slice of pie. 6) The Iraq Trade Bank in Saudi Arabia is and or has been on record of suggesting they'll open now early next year. Per [Guru] Delta that is a recent change. imo. 7) The Citizens are not shutting down from their demands and they mean business too. 8) USA showed up and is helping in that regard. [post 3 of 5...stay tuned]
12-23-2019 Newshound Guru MilitiaMan 3) The CBI shows large out put of money allocations over this last year of about 6-7 million a month for currency printing. As of 3-60 days ago the CBI shows a very large increase in allocations as much as 3-4x as much per month over a two month period. The take away there is minting coins is more expensive than paper printing. This too supports a rate change is to come. imo A strong one too. imo. 4) There was a recent Debt payment of $20 billion that was paid. Thus, a clue as to how high a rate change could be supported. Less debt = more value, imo.. A supporting piece of the puzzle as well. [post 2 of 5....stay tuned]
12-23-2019 Newshound Guru MilitiaMan There is nothing I see that warrants or supports the rumor of an RI going into March of 2020... 1) The CBI told the world they will need to be prepared to modify contracts. That supports a rate change is coming. imo 2) The Iraq Trade Bank on 12/01/2019 told us they were doing just that. They suspended loans for the month out to 01/01/20209. Another supporting factor a rate change is expected. [post 1 of 5....stay tuned]
12-23-2019 Newshound Guru Kaperoni I do agree Iraq can buy the majority of dinar in circulation if it chooses to do so but only at or about the current exchange rate. They could never do so at a $1 to 1 rate. 40+ trillion is just to much. That is why the dinar must float.
12-23-2019 Newshound Guru Adam Montana ...unless the next person gives them something good, and fast, they will be rioting again. ...things should be happening fairly quickly...instead of the usual weeks or months of delays, we are seeing a different Iraq...The people aren't going to wait long. They want change, and they want it fast...it's looking pretty obvious that someone is going to have to bring it. Or else... Today or tomorrow we should have an announcement on who is going to take the responsibility for that change...it may be a surprisingly great Christmas after all! [post 2 of 2]
12-23-2019 Newshound Guru Adam Montana ...Back in early October 2019, the people of Iraq finally had enough...following those protests, or during them, the most recent Prime Minister (Mahdi) resigned. ...By law, there was a period of time to appoint the next leader. ...it is well known by all involved in the process of appointing the next Prime Minister that it must be a candidate who will be accepted by all political parties, and also the people. In fact, "most importantly, the people." This puts a very bright light not only on who they appoint, but also what happens in the very near future. [post 1 of 2....stay tuned]
12-23-2019 Intel Guru MarkZ [via PDK] Many contacts...are hearing...there is a mad push to get this done...Even if only a few people get to exchange before Christmas they will be able to claim it happened before. That is the rumor all over right now in many locations. ...we are watching close. I am feeling pretty relaxed because I am absolutely certain we are at the end of all of this. I am absolutely confident that we are days or at the worst weeks away from it all being done
12-23-2019 Newshound Guru MilitiaMan There is nothing I see that warrants or supports the rumor of an RI going into March of 2020... 1) The CBI told the world they will need to be prepared to modify contracts. That supports a rate change is coming. imo 2) The Iraq Trade Bank on 12/01/2019 told us they were doing just that. They suspended loans for the month out to 01/01/20209. Another supporting factor a rate change is expected. [post 1 of 5....stay tuned]
12-23-2019 Newshound Guru Kaperoni I do agree Iraq can buy the majority of dinar in circulation if it chooses to do so but only at or about the current exchange rate. They could never do so at a $1 to 1 rate. 40+ trillion is just to much. That is why the dinar must float.
12-23-2019 Newshound Guru Adam Montana ...unless the next person gives them something good, and fast, they will be rioting again. ...things should be happening fairly quickly...instead of the usual weeks or months of delays, we are seeing a different Iraq...The people aren't going to wait long. They want change, and they want it fast...it's looking pretty obvious that someone is going to have to bring it. Or else... Today or tomorrow we should have an announcement on who is going to take the responsibility for that change...it may be a surprisingly great Christmas after all! [post 2 of 2]
12-23-2019 Newshound Guru Adam Montana ...Back in early October 2019, the people of Iraq finally had enough...following those protests, or during them, the most recent Prime Minister (Mahdi) resigned. ...By law, there was a period of time to appoint the next leader. ...it is well known by all involved in the process of appointing the next Prime Minister that it must be a candidate who will be accepted by all political parties, and also the people. In fact, "most importantly, the people." This puts a very bright light not only on who they appoint, but also what happens in the very near future. [post 1 of 2....stay tuned]
12-23-2019 Intel Guru MarkZ [via PDK] Many contacts...are hearing...there is a mad push to get this done...Even if only a few people get to exchange before Christmas they will be able to claim it happened before. That is the rumor all over right now in many locations. ...we are watching close. I am feeling pretty relaxed because I am absolutely certain we are at the end of all of this. I am absolutely confident that we are days or at the worst weeks away from it all being done
12-22-2019 Newshound/Intel Guru Mnt Goat ...this plan is not really as risky as [Guru] Kaperoni tells. Actually, the plan is based off of having the reinstatement and the new rate and will not risk the entire CBI reserves... also...take into account the pressures from the protesters or from the US and IMF. The IMF has also recently threatened them with Chapter VII again. This can not be taken lightly. This all matters very much.
12-22-2019 Newshound Guru Whitelions ...there is no float the CBI has Told us this and the IMF has no control over how Iraq rv it's money they can only advise and they are advising that Iraq revalue to a few cents above where is was when it was taken down.
12-22-2019 Newshound Guru Adam Montana Article: "Al-Khaldi: 170 deputies presented “Muhammad Tawfiq Allawi” as a candidate for prime minister" Allawi's name is coming up a LOT...I'm fine with him. Quote: "the rest of the nominated names are Lieutenant General Abdul-Ghani Al-Saadi, Abdul-Wahab Al-Saadi, former Governor of the Central Bank, Sinan Al-Shabibi,and Judge Rahim Al-Akili, all of whom accepted their candidacy." I know there are members that don't support Shabibi, but I disagree...he has so much relevant experience. He has been a part of this RV process, and deeply so, for a lonnnnnng time. And I think he's supported a raise in the value, but he didn't have express power to make it happen, or maybe it wasn't the right time... but he could be the one to just jam the bus in forward gear and run through the barricades. I support him as a choice as well. ...The people are going to get what they want, and soon, or there will be a repeat of the last two months. Iraq is in a solid place to RV.
12-22-2019 Newshound Guru Jeff ...Why is it being delayed?...One: What is Trump's 2020 campaign theme? Strong economy. The Dow...is not too far away from 29,000 points...What if the U.S. financial markets were all at an all-time high and that's also when Iraq changed their rate? That would mean we would have very high US financial markets and then roughly billions of dollars just got injected into our economy and that would be approximately 7 to 8 months right before the US elections in November...there's a very strong possibility Trump could have delayed this to have it well positioned within 7 to 8 months of the US elections. That way he looks like an economic king and genius. That's one scenario because ironically it kind of is playing out in that direction right now. The second: Iraq could have needed some time to get themselves positioned...get some of the Iranian influence out of there...they've been passing certain laws...nobody knows exactly but those are two very solid reasons why this may have been delayed...
12-22-2019 Newshound Guru MilitiaMan ...I know it is not over just yet, but, very good collective evidence suggests thus far that end is this year effectively. ...my bet is placed on that it is 100%. Why...? Because...They haven’t denied it this year. In fact, they have confirmed they have orders to complete the monetary reforms and have accepted them. (USA influenced). The CBI accepted back in September 30, 2019 +- those orders. ...the process is underway, has been and is not stopping...So, let’s see what happens...now is a possible go time for us more sooner than later...All of this is I’m my opinion.
12-22-2019 Intel Guru RayRen98 Demonstrations have turned violent in Southern Iraq...protestors set fire to the headquarters of the Shiite party. ...New reports now indicate that the Prime Minister will be announced on Tuesday instead of Sunday. It is being stated that Allawi has 170 votes from the ministers making him likely to be the next Prime Minister. Reportedly, Saleh is naming Allawi as Prime Minister and that he will take office in January of the new year. Time Will Tell All!
12-22-2019 Newshound/Intel Guru Mnt Goat ...the plan is still basically as it has been all along and has not changed. What has changed now is the forced political support for it and that the US and the IMF now support the sign-off process. By the way we do not have to wait 6 months or even a year for the economy to progress or for the private sector to develop as some...keep telling you...
12-22-2019 Newshound Guru Whitelions ...there is no float the CBI has Told us this and the IMF has no control over how Iraq rv it's money they can only advise and they are advising that Iraq revalue to a few cents above where is was when it was taken down.
12-22-2019 Newshound Guru Adam Montana Article: "Al-Khaldi: 170 deputies presented “Muhammad Tawfiq Allawi” as a candidate for prime minister" Allawi's name is coming up a LOT...I'm fine with him. Quote: "the rest of the nominated names are Lieutenant General Abdul-Ghani Al-Saadi, Abdul-Wahab Al-Saadi, former Governor of the Central Bank, Sinan Al-Shabibi,and Judge Rahim Al-Akili, all of whom accepted their candidacy." I know there are members that don't support Shabibi, but I disagree...he has so much relevant experience. He has been a part of this RV process, and deeply so, for a lonnnnnng time. And I think he's supported a raise in the value, but he didn't have express power to make it happen, or maybe it wasn't the right time... but he could be the one to just jam the bus in forward gear and run through the barricades. I support him as a choice as well. ...The people are going to get what they want, and soon, or there will be a repeat of the last two months. Iraq is in a solid place to RV.
12-22-2019 Newshound Guru Jeff ...Why is it being delayed?...One: What is Trump's 2020 campaign theme? Strong economy. The Dow...is not too far away from 29,000 points...What if the U.S. financial markets were all at an all-time high and that's also when Iraq changed their rate? That would mean we would have very high US financial markets and then roughly billions of dollars just got injected into our economy and that would be approximately 7 to 8 months right before the US elections in November...there's a very strong possibility Trump could have delayed this to have it well positioned within 7 to 8 months of the US elections. That way he looks like an economic king and genius. That's one scenario because ironically it kind of is playing out in that direction right now. The second: Iraq could have needed some time to get themselves positioned...get some of the Iranian influence out of there...they've been passing certain laws...nobody knows exactly but those are two very solid reasons why this may have been delayed...
12-22-2019 Newshound Guru MilitiaMan ...I know it is not over just yet, but, very good collective evidence suggests thus far that end is this year effectively. ...my bet is placed on that it is 100%. Why...? Because...They haven’t denied it this year. In fact, they have confirmed they have orders to complete the monetary reforms and have accepted them. (USA influenced). The CBI accepted back in September 30, 2019 +- those orders. ...the process is underway, has been and is not stopping...So, let’s see what happens...now is a possible go time for us more sooner than later...All of this is I’m my opinion.
12-22-2019 Intel Guru RayRen98 Demonstrations have turned violent in Southern Iraq...protestors set fire to the headquarters of the Shiite party. ...New reports now indicate that the Prime Minister will be announced on Tuesday instead of Sunday. It is being stated that Allawi has 170 votes from the ministers making him likely to be the next Prime Minister. Reportedly, Saleh is naming Allawi as Prime Minister and that he will take office in January of the new year. Time Will Tell All!
12-22-2019 Newshound/Intel Guru Mnt Goat ...the plan is still basically as it has been all along and has not changed. What has changed now is the forced political support for it and that the US and the IMF now support the sign-off process. By the way we do not have to wait 6 months or even a year for the economy to progress or for the private sector to develop as some...keep telling you...
12-21-2019 Newshound Guru Jeff ...They're telling us indirectly that they're going to transition to a different fiscal year and start 2020 budget most likely around Q2, which for them would be a new fiscal year ranging from April 1st through March. Why would they transition to a different fiscal year? That's a step they actually have to do when they change the rate...in order to achieve a rate greater than the dollar they have to un-peg the dinar from the dollar and re-peg it to an assortment basket identical to Kuwait. That's why Kuwait on March 24th of '91 changed their rate at the end of March for their budget fiscal year which starts April 1st. As you see Iraq is right now in the process of doing that right before your eyes... [Post 2 of 2]
12-21-2019 Newshound Guru Jeff ...In the past Iraq has always finalized and completed their budgets during Q1 of that budget year and they would just backdate the budget to January 1st...This is one of the first years they're implementing a temporary budget. What the temporary budget tells us is that yes they're following suit as they have in the past. They're approving their 2020 budget in Q1 of 2020 but because they're implementing a temporary budget that tells us they're not backdating the 2020 budget to start January 1st. So what they're saying is they need external funds to cover them through Q1 of 2020 because the 2020 budget is not going to be backdated or starting on January 1st... [Post 1 of 2]
12-21-2019 Newshound/Intel Guru Mnt Goat The key word here is “artificially”. Iraq does not need to do anything more than get rid of the Iranian corruption and form a stable government to allow the CBI to trigger the project to delete the zeros, which we know ultimately leads to the reinstatement. Yes, folks this could literally happen very quickly and is not a 6 months or even years more to drag this out. I will tell you exactly what my CBI contact says and nothing more. NO lies! You have it straight from them now. [post 2 of 2]
12-21-2019 Newshound/Intel Guru Mnt Goat Listen folks Iraq has almost three times more resources and oil than Kuwait as well as agriculture and other precious minerals that Kuwait does not have. Kuwait also does not have a viable “market economy” or even much if any private sector industry...So why is the dinar for Kuwait (Iraq’s next door neighbor) with a rate of around $3.30+ ? So, we know the value in the Iraqi dinar and it is at least the $3.22 prewar rate to reflect it. We must conclude that the rate (to reflect the value) is being artificially stiffened. [post 1 of 2....stay tuned]
12-21-2019 Newshound Guru Jeff Second you have seen a lot of articles that if they were to pay for reconstruction with the current value of the dinar they risk it spiking their inflation. So both reconstruction and trade are post rate change steps...we're waiting on the 2020 budget and it means the rate change is married to the budget because the post rate change items are inside of the budget...based on all those items that does suggest to us that Iraq throughout the entire year of 2019 has been setting the stage for the rate change. [Post 2 of 2...stay tuned]
12-21-2019 Newshound Guru Jeff ...I saw one of the more popular gurus come out and say that there's nothing left for Iraq to do other than just change the rate and that is completely incorrect...if there's nothing left then why the hell am I still waiting? ...what are we still waiting on? How do we know the rate is even going to change? What reveals to us the rate is gonna change? ...Iraq has done more within the year of '19 than they've ever done before...between January through June they were putting together contracts for trade agreements...Iraq cannot pay outside contractors...with the Iraqi dinar until it's internationally recognized. [Post 1 of 2....stay tuned]
12-21-2019 Intel Guru Okie_Oil_Man [via Dinarmama7] GOOD DAY AMERICA, SHIP'S AT SEA AND ALL OUR WORLDWIDE FRIENDS. AFTER AN EXTENDED FLIGHT LASTING NEARLY 17 YEARS I FEEL IT'S TIME TO LAND. I WON'T BE ISSUING ANY GRADUATION DIPLOMA'S AS I ORIGINALLY PLANNED AS IT WON'T BE NECESSARY. …THE NOTIFICATION OF THE COMPLETION OF THIS JOURNEY IS AT HAND AND IS BEING RECEIVED ANY MOMENT. THE PROTOCOLS AND PROCEDURE'S OF THE REDEMPTION AND EXCHANGE HAVE BEEN ALTERED FROM THE ORIGINAL PLAN MAKING IT NECESSARY FOR YOU TO CLOSELY FOLLOW THE DIRECTIONS...WE ARE NOW ENTERING A NEW PHASE IN OUR LIVES AND SHOULD ALWAYS REMEMBER THIS MAY BE A ONCE IN A LIFETIME OPPORTUNITY
12-21-2019 Newshound Guru Adam Montana 4. HCL is in the news. It was ignored for a long time, but now it’s poking it’s head up again, which is exactly what we expect to see before it passes. The highlight of that list is HCL – once it’s passed, the currency will have already risen in value, or be about an hour from it. At that point, it’s done! [post 3 of 3]
12-21-2019 Newshound Guru Jeff ...In the past Iraq has always finalized and completed their budgets during Q1 of that budget year and they would just backdate the budget to January 1st...This is one of the first years they're implementing a temporary budget. What the temporary budget tells us is that yes they're following suit as they have in the past. They're approving their 2020 budget in Q1 of 2020 but because they're implementing a temporary budget that tells us they're not backdating the 2020 budget to start January 1st. So what they're saying is they need external funds to cover them through Q1 of 2020 because the 2020 budget is not going to be backdated or starting on January 1st... [Post 1 of 2]
12-21-2019 Newshound/Intel Guru Mnt Goat The key word here is “artificially”. Iraq does not need to do anything more than get rid of the Iranian corruption and form a stable government to allow the CBI to trigger the project to delete the zeros, which we know ultimately leads to the reinstatement. Yes, folks this could literally happen very quickly and is not a 6 months or even years more to drag this out. I will tell you exactly what my CBI contact says and nothing more. NO lies! You have it straight from them now. [post 2 of 2]
12-21-2019 Newshound/Intel Guru Mnt Goat Listen folks Iraq has almost three times more resources and oil than Kuwait as well as agriculture and other precious minerals that Kuwait does not have. Kuwait also does not have a viable “market economy” or even much if any private sector industry...So why is the dinar for Kuwait (Iraq’s next door neighbor) with a rate of around $3.30+ ? So, we know the value in the Iraqi dinar and it is at least the $3.22 prewar rate to reflect it. We must conclude that the rate (to reflect the value) is being artificially stiffened. [post 1 of 2....stay tuned]
12-21-2019 Newshound Guru Jeff Second you have seen a lot of articles that if they were to pay for reconstruction with the current value of the dinar they risk it spiking their inflation. So both reconstruction and trade are post rate change steps...we're waiting on the 2020 budget and it means the rate change is married to the budget because the post rate change items are inside of the budget...based on all those items that does suggest to us that Iraq throughout the entire year of 2019 has been setting the stage for the rate change. [Post 2 of 2...stay tuned]
12-21-2019 Newshound Guru Jeff ...I saw one of the more popular gurus come out and say that there's nothing left for Iraq to do other than just change the rate and that is completely incorrect...if there's nothing left then why the hell am I still waiting? ...what are we still waiting on? How do we know the rate is even going to change? What reveals to us the rate is gonna change? ...Iraq has done more within the year of '19 than they've ever done before...between January through June they were putting together contracts for trade agreements...Iraq cannot pay outside contractors...with the Iraqi dinar until it's internationally recognized. [Post 1 of 2....stay tuned]
12-21-2019 Intel Guru Okie_Oil_Man [via Dinarmama7] GOOD DAY AMERICA, SHIP'S AT SEA AND ALL OUR WORLDWIDE FRIENDS. AFTER AN EXTENDED FLIGHT LASTING NEARLY 17 YEARS I FEEL IT'S TIME TO LAND. I WON'T BE ISSUING ANY GRADUATION DIPLOMA'S AS I ORIGINALLY PLANNED AS IT WON'T BE NECESSARY. …THE NOTIFICATION OF THE COMPLETION OF THIS JOURNEY IS AT HAND AND IS BEING RECEIVED ANY MOMENT. THE PROTOCOLS AND PROCEDURE'S OF THE REDEMPTION AND EXCHANGE HAVE BEEN ALTERED FROM THE ORIGINAL PLAN MAKING IT NECESSARY FOR YOU TO CLOSELY FOLLOW THE DIRECTIONS...WE ARE NOW ENTERING A NEW PHASE IN OUR LIVES AND SHOULD ALWAYS REMEMBER THIS MAY BE A ONCE IN A LIFETIME OPPORTUNITY
12-21-2019 Newshound Guru Adam Montana 4. HCL is in the news. It was ignored for a long time, but now it’s poking it’s head up again, which is exactly what we expect to see before it passes. The highlight of that list is HCL – once it’s passed, the currency will have already risen in value, or be about an hour from it. At that point, it’s done! [post 3 of 3]
12-20-2019 Newshound Guru Adam Montana 3. The Budget, which is always a big deal, is flying through the system. It’s almost being ignored this time around, which should be a major flag to investors! A major component of it is the KRG deal that was made. The Kurds are paying their portion of the deal with a solid 250,000 barrels of oil, which means they are paying in OIL. (This is a topic of it’s own, and I’ll suffice it to say that it’s a GOOD thing that they are paying in oil!) [post 2 of 3....stay tuned]
12-20-2019 Newshound Guru Adam Montana Here’s what’s actually going on... 1. Iraq has gone through some political and social issues lately. The people have made a huge statement, and the GOI (Government of Iraq) has listened. The Prime Minister has resigned, and changes are happening... now. Today is a major date for a new PM to be appointed, and even if they don’t appoint a new one today, the reins change hands. This is a CATALYST MOMENT. 2. Article 140 (regarding some disputed lands) is in the headlines. This needs to be partially resolved prior to HCL completion, and success is on the horizon. [post 1 of 3....stay tuned]
12-20-2019 Intel Guru Bruce ...I’m excited because President Trump wanted this to go down before Christmas...I believe we will start with our exchanges and possibly we could have a...fantastic weekend...This is what I’ve heard... from several sources...for this to go...by FRIDAY...the 20th...we know that the Dinar rates have been jumping up...I don’t know if the rates are solid yet...but I think this is one weekend that could be the weekend to end all weekends...
12-20-2019 Intel Guru MarkZ [via PDK] We are getting an overwhelming amount of positive stuff today. ...Banking contacts swear it is this weekend. In Iraq they seem to think we will see it the first of the week next week...but not this weekend. They are looking for all their political changes kicking in this weekend. I know that Redemption Center contacts have had all Holiday time canceled. My guys are being told they will have a short day off Christmas Eve and all day off Christmas Day. All I can say is we should all stay alert and close to our computers. ...I love where we are at…but really want to see this before Christmas.
12-20-2019 Newshound Guru Adam Montana ...Have you ever heard of a “red herring” or a “false flag” or “3 card monty” or anything else, like “sleight of hand”? ...MAYBE…Just, maybe… we should be looking at the other hand. Maybe that “other hand” isn’t the Iraqi Dinar, but maybe it is...I’m not saying the impeachment proceedings and the fuss the news has made about it recently are all a big government plot to distract everyone while Iraq ReValues, of course. But I WILL emphatically and without apology state that when the news has you looking one way, there always ALWAYS seems to be something else going on…And if you kept your attention on what the news wanted you to watch, what will you have missed? Maybe something that affects you, and maybe not. Maybe the Dinar ReValues in the next few weeks. Maybe it doesn’t. Maybe you are in the right place, at the right time. Either way, the Iraqi Dinar is in a good place right now...
12-20-2019 Newshound/Intel Guru Mnt Goat So, when can we expect to see the Reinstatement? I am still seeing the same window open until mid January 2020. If we don’t see it by they we are not going to see it for a long time, probably wait until next January 2021. But I fully believe this is not going to be the case again. Why? I am saying there is hope more than the previous years we experienced because now the CBI has the official “go -ahead” from the powers to be. Yes, the US and the IMF have told Iraq that now is the time and so they are moving ahead. We will see the results very soon. Just hang in there for a bit longer.
12-20-2019 Newshound Guru Adam Montana Here’s what’s actually going on... 1. Iraq has gone through some political and social issues lately. The people have made a huge statement, and the GOI (Government of Iraq) has listened. The Prime Minister has resigned, and changes are happening... now. Today is a major date for a new PM to be appointed, and even if they don’t appoint a new one today, the reins change hands. This is a CATALYST MOMENT. 2. Article 140 (regarding some disputed lands) is in the headlines. This needs to be partially resolved prior to HCL completion, and success is on the horizon. [post 1 of 3....stay tuned]
12-20-2019 Intel Guru Bruce ...I’m excited because President Trump wanted this to go down before Christmas...I believe we will start with our exchanges and possibly we could have a...fantastic weekend...This is what I’ve heard... from several sources...for this to go...by FRIDAY...the 20th...we know that the Dinar rates have been jumping up...I don’t know if the rates are solid yet...but I think this is one weekend that could be the weekend to end all weekends...
12-20-2019 Intel Guru MarkZ [via PDK] We are getting an overwhelming amount of positive stuff today. ...Banking contacts swear it is this weekend. In Iraq they seem to think we will see it the first of the week next week...but not this weekend. They are looking for all their political changes kicking in this weekend. I know that Redemption Center contacts have had all Holiday time canceled. My guys are being told they will have a short day off Christmas Eve and all day off Christmas Day. All I can say is we should all stay alert and close to our computers. ...I love where we are at…but really want to see this before Christmas.
12-20-2019 Newshound Guru Adam Montana ...Have you ever heard of a “red herring” or a “false flag” or “3 card monty” or anything else, like “sleight of hand”? ...MAYBE…Just, maybe… we should be looking at the other hand. Maybe that “other hand” isn’t the Iraqi Dinar, but maybe it is...I’m not saying the impeachment proceedings and the fuss the news has made about it recently are all a big government plot to distract everyone while Iraq ReValues, of course. But I WILL emphatically and without apology state that when the news has you looking one way, there always ALWAYS seems to be something else going on…And if you kept your attention on what the news wanted you to watch, what will you have missed? Maybe something that affects you, and maybe not. Maybe the Dinar ReValues in the next few weeks. Maybe it doesn’t. Maybe you are in the right place, at the right time. Either way, the Iraqi Dinar is in a good place right now...
12-20-2019 Newshound/Intel Guru Mnt Goat So, when can we expect to see the Reinstatement? I am still seeing the same window open until mid January 2020. If we don’t see it by they we are not going to see it for a long time, probably wait until next January 2021. But I fully believe this is not going to be the case again. Why? I am saying there is hope more than the previous years we experienced because now the CBI has the official “go -ahead” from the powers to be. Yes, the US and the IMF have told Iraq that now is the time and so they are moving ahead. We will see the results very soon. Just hang in there for a bit longer.
12-19-2019 Intel Guru Footforward Ask yourself this. If the RV was never going to happen, why is Iraq putting out 160 trillion dinar budget out? There is absolutely no way that could be funded without an RV.
12-19-2019 Newshound Guru Jeff Article Sept 6, 2012 "Delete The Zeros Must Be At The Beginning Of A Fiscal Year" ...this is a little bit older article from 2012. It's by Mohammad Saleh. He was the number 2 guy at the Central Bank for many years. According to him the "deletion of the zeros" must coincide with the beginning of a fiscal year...from 2010 to 2012 when Shabibi was the Central Bank Governor he made a statement, 'at the beginning or middle of a fiscal year'. That was stated by Shabibi himself...how do they achieve a rate greater than a dollar? ...they have to unpeg from the dollar and peg to an SDR basket. Will that change their fiscal year? You bet it will!
12-19-2019 Intel Guru MarkZ I am hearing all kinds of great things from the banking side. Treat this all as 100% rumor…but, they are all geared up and ready for things. ...there is a big push for things to start this afternoon. We are watching it closely and this time we just may get it. [post 2 of 2]
12-19-2019 Intel Guru MarkZ Out of Iraq- we can tell by their newspapers that there was a number of important votes. …and more landmark stuff scheduled next Monday and Tuesday. IMO they have set the stage for any moment. They have done more in the last 2 weeks then they have in the last 2 years. ...I believe we will see the RV release before Iraq announces it internationally. Just like what happened with Kuwait. Kuwait announced it to its own people first almost 10 days before they announced it internationally. [post 1 of 2....stay tuned
12-19-2019 Intel Guru Frank26 ...IMO a rate and a date for that budget has been given. IMO it started with the receipt to receive the new small category notes and then they got a schedule with the dates. The dates IMO talked about the monetary reform. They also talked about where the rate will be used. In another place would be the budget...The budget and the reinstatement have been established. Tested. Recalculated. Ready to come...'We've been ordered to lift the 3 zeros and add value to our currency'...
12-19-2019 Newshound Guru Adam Montana Those three items - New Prime Minister, Article 140, and Baghdad and KRG agreeing so peacefully on a number for the Budget, are all GREAT for seeing the HCL move, and that's what we need to open the path for an increase in the exchange rate. Fingers crossed for HCL news, because when that hits the press...it's probably a done deal at that time. We could be a couple weeks out from a huge change. This is all coming together at the same general time, and the combination is exciting. GO HCL. GO RV. GO IRAQ! [post 3 of 3]
12-19-2019 Newshound Guru Adam Montana At this time, we have a Budget that is on track, including full agreement that the KRG will pay their share of the budget with 250,000 barrels of oil. Article 140, related to some disputed territories, is front and center again. This is an issue that won't be completely resolved immediately, but it doesn't need to be. "80% done is done enough" on that matter for us to see the HCL move. [post 2 of 3....stay tuned]
12-19-2019 Newshound Guru Adam Montana This update is one of the most optimistic ones I've had the pleasure of writing in quite some time. We're transitioning into the next scene for Iraq, and it's happening now...When the rioting was in full force, I stated that we were in for a bit of a wait. Turns out it was only a couple months. The next step is to place someone in the Prime Minister position, and that looks like it's going to happen fairly quick. [post 1 of 3....stay tuned]
12-19-2019 Newshound Guru Jeff Article Sept 6, 2012 "Delete The Zeros Must Be At The Beginning Of A Fiscal Year" ...this is a little bit older article from 2012. It's by Mohammad Saleh. He was the number 2 guy at the Central Bank for many years. According to him the "deletion of the zeros" must coincide with the beginning of a fiscal year...from 2010 to 2012 when Shabibi was the Central Bank Governor he made a statement, 'at the beginning or middle of a fiscal year'. That was stated by Shabibi himself...how do they achieve a rate greater than a dollar? ...they have to unpeg from the dollar and peg to an SDR basket. Will that change their fiscal year? You bet it will!
12-19-2019 Intel Guru MarkZ I am hearing all kinds of great things from the banking side. Treat this all as 100% rumor…but, they are all geared up and ready for things. ...there is a big push for things to start this afternoon. We are watching it closely and this time we just may get it. [post 2 of 2]
12-19-2019 Intel Guru MarkZ Out of Iraq- we can tell by their newspapers that there was a number of important votes. …and more landmark stuff scheduled next Monday and Tuesday. IMO they have set the stage for any moment. They have done more in the last 2 weeks then they have in the last 2 years. ...I believe we will see the RV release before Iraq announces it internationally. Just like what happened with Kuwait. Kuwait announced it to its own people first almost 10 days before they announced it internationally. [post 1 of 2....stay tuned
12-19-2019 Intel Guru Frank26 ...IMO a rate and a date for that budget has been given. IMO it started with the receipt to receive the new small category notes and then they got a schedule with the dates. The dates IMO talked about the monetary reform. They also talked about where the rate will be used. In another place would be the budget...The budget and the reinstatement have been established. Tested. Recalculated. Ready to come...'We've been ordered to lift the 3 zeros and add value to our currency'...
12-19-2019 Newshound Guru Adam Montana Those three items - New Prime Minister, Article 140, and Baghdad and KRG agreeing so peacefully on a number for the Budget, are all GREAT for seeing the HCL move, and that's what we need to open the path for an increase in the exchange rate. Fingers crossed for HCL news, because when that hits the press...it's probably a done deal at that time. We could be a couple weeks out from a huge change. This is all coming together at the same general time, and the combination is exciting. GO HCL. GO RV. GO IRAQ! [post 3 of 3]
12-19-2019 Newshound Guru Adam Montana At this time, we have a Budget that is on track, including full agreement that the KRG will pay their share of the budget with 250,000 barrels of oil. Article 140, related to some disputed territories, is front and center again. This is an issue that won't be completely resolved immediately, but it doesn't need to be. "80% done is done enough" on that matter for us to see the HCL move. [post 2 of 3....stay tuned]
12-19-2019 Newshound Guru Adam Montana This update is one of the most optimistic ones I've had the pleasure of writing in quite some time. We're transitioning into the next scene for Iraq, and it's happening now...When the rioting was in full force, I stated that we were in for a bit of a wait. Turns out it was only a couple months. The next step is to place someone in the Prime Minister position, and that looks like it's going to happen fairly quick. [post 1 of 3....stay tuned]
12-18-2019 Newshound/Intel Guru Mnt Goat They do not know the international rate exactly but the CBI was told years ago that the fair value of the dinar for international trading could be expected around $3.50+. Remember this is the rate mostly for the US based on the US dollar if you were to exchange the dinar in the US. Other countries will base it off their own currency. Remember this is not talking about the rate in Iraq for everyday rate and use. [post 2 of 2]
12-18-2019 Newshound/Intel Guru Mnt Goat I asked [my CBI source] about a rate and I was told that the in-country rate will be around 83 cents to the dinar. This is nothing new and remains consistent. All you have to do is do the math. Take 1 (US dollar and divide it by the provisional rate (which is now 1200 dinars to the dollar). 1 / 1200 = .00083, then drop the three zeros (as part of deleting the three zeros) and you get .83 or 83 cents. [post 1 of 2....stay tuned]
12-18-2019 Intel Guru Bruce I can tell you things are happening...We get a lot of different information from a lot of different sources...we are at the point where...we should be paying very close attention – I would say not starting tonight maybe but starting tomorrow [Wednesday]...I’ve heard other information not only from the banks but from redemption centers and other individuals that are in the know that are talking about this happening over the next couple of days...Wed or Thurs...I’m bringing to you what I’m getting...I do think they have a deadline they actually want to stay with and I believe it’s going to be sometime this week...
12-18-2019 Newshound Guru Jeff ...Will the rate change at the beginning of the year? ...you have to look at all the layers. What's in the 2020 budget? 90% of the demonstrators demands. If 90% of the demonstrators demands are in the budget - Article 140, HCL, reforms, reconstruction - every one of those items are post rate change. They haven't even started the budget yet. Not even the first reading. And they announced last week that they are going to roll out a temporary month to month budget...they basically just told you more time is needed...
12-18-2019 Intel Guru MarkZ [via PDK] ...paying attention to Iraq. They are supposed to seat a new Prime Minister tomorrow. It’s very festive there…they are excited to be kicking Iran out of their country. On the US side all we have is rumors...I cannot prove or disprove it. It could be factual and we are looking at the release by tomorrow or by the weekend…we just do not know. I am very positive that we are at the end of this...we just do not know what day is the end.
12-18-2019 Newshound/Intel Guru Mnt Goat The timing really depends on a few factors meaning: 1) the passing of the new election law (and review by the US and IMF); 2) who is selected for the new prime minister; 3)the US is also working out a deal with Iran on getting them the hell out of Iraq or else….(military force is an option). So, these three main issues are at a balance and I was told to watch the progress of all three of them closely...WOW! Folks the news could not get any better. Just hang on to your seats, this is going to happen soon. [post 2 of 2]
12-18-2019 Newshound/Intel Guru Mnt Goat So recently...I contacted my CBI source again and asked some important questions. One of the questions was, of course, are they moving ahead again on the “project to delete the zeros”. To my surprise and amazement, I was told “affirmative” and that they now have support to move more aggressively and quicker. Trust me in the midst of all this chaos I was really surprised to hear this wonderful news. This was WOW! news to my ears. I was told the timeframe matched from now until it is done but probably more like in 2019 than in 2020. [post 1 of 2....stay tuned]
12-18-2019 Newshound/Intel Guru Mnt Goat I asked [my CBI source] about a rate and I was told that the in-country rate will be around 83 cents to the dinar. This is nothing new and remains consistent. All you have to do is do the math. Take 1 (US dollar and divide it by the provisional rate (which is now 1200 dinars to the dollar). 1 / 1200 = .00083, then drop the three zeros (as part of deleting the three zeros) and you get .83 or 83 cents. [post 1 of 2....stay tuned]
12-18-2019 Intel Guru Bruce I can tell you things are happening...We get a lot of different information from a lot of different sources...we are at the point where...we should be paying very close attention – I would say not starting tonight maybe but starting tomorrow [Wednesday]...I’ve heard other information not only from the banks but from redemption centers and other individuals that are in the know that are talking about this happening over the next couple of days...Wed or Thurs...I’m bringing to you what I’m getting...I do think they have a deadline they actually want to stay with and I believe it’s going to be sometime this week...
12-18-2019 Newshound Guru Jeff ...Will the rate change at the beginning of the year? ...you have to look at all the layers. What's in the 2020 budget? 90% of the demonstrators demands. If 90% of the demonstrators demands are in the budget - Article 140, HCL, reforms, reconstruction - every one of those items are post rate change. They haven't even started the budget yet. Not even the first reading. And they announced last week that they are going to roll out a temporary month to month budget...they basically just told you more time is needed...
12-18-2019 Intel Guru MarkZ [via PDK] ...paying attention to Iraq. They are supposed to seat a new Prime Minister tomorrow. It’s very festive there…they are excited to be kicking Iran out of their country. On the US side all we have is rumors...I cannot prove or disprove it. It could be factual and we are looking at the release by tomorrow or by the weekend…we just do not know. I am very positive that we are at the end of this...we just do not know what day is the end.
12-18-2019 Newshound/Intel Guru Mnt Goat The timing really depends on a few factors meaning: 1) the passing of the new election law (and review by the US and IMF); 2) who is selected for the new prime minister; 3)the US is also working out a deal with Iran on getting them the hell out of Iraq or else….(military force is an option). So, these three main issues are at a balance and I was told to watch the progress of all three of them closely...WOW! Folks the news could not get any better. Just hang on to your seats, this is going to happen soon. [post 2 of 2]
12-18-2019 Newshound/Intel Guru Mnt Goat So recently...I contacted my CBI source again and asked some important questions. One of the questions was, of course, are they moving ahead again on the “project to delete the zeros”. To my surprise and amazement, I was told “affirmative” and that they now have support to move more aggressively and quicker. Trust me in the midst of all this chaos I was really surprised to hear this wonderful news. This was WOW! news to my ears. I was told the timeframe matched from now until it is done but probably more like in 2019 than in 2020. [post 1 of 2....stay tuned]
12-17-2019 Newshound Guru Kaperoni Until the new Prime Minister is chosen and subsequent cabinet, parliament also seems to use this an an opportunity to do nothing. Nothing is going to happen regarding economic reforms. This setback could cause 6 months or long delays in launching the public/private partnership budget for 2020.
12-17-2019 Intel Guru MarkZ [How long will they give us to exchange once we can make appointments?] I have heard they expect 95% of redemptions done in the first 10 days...but I am told they will give up to 30 days for everyone to get done. I do not think anyone will wait for the last minute…
12-17-2019 Newshound/Intel Guru Mnt Goat WOW! Things are moving very fast with the pressure from the demonstrators. ...Can Iraq expel Iran with the help of the US? Tehran has offered to exit from Iraq in exchange for lifting the blockade and abandoning the overthrow of the regime. ...So they admit to trying to overthrow the Iraq government. Next will they actually withdraw and the US accept the terms? This could be HUGE, HUGE and HUGE!
12-17-2019 Intel Guru MarkZ [via PDK] A lot of good things out there today. A lot of articles...The rumor is Trump took himself out of it so that the RV can move forward regardless of the stuff affecting him… If the rumor is indeed true It’s a good thing…but again I can not prove it one way of another. We are so stinkin close guys….it’s just painful…you can see it in the news, we see it in the Central Banks...there is definently a lot of chatter from the banking area…I am hearing this is our week…everything is in place…that we should see this no later than Thursday…There are a lot of things pointing to it happening right about NOW.
12-17-2019 Intel Guru Delta Translation: "General Manager of the Financial Operation of the Central Bank of Iraq Interview" - the 25,000 Dinar is gonna become a 25 dinar but not how you think. It's not a LOP...the goal behind that is to fix the accounting...basically the payment system...if you have a 25,000 dinar note you're still going to get 25,000 dinar lower denominations...the CBI is confirming to everybody they are moving forward...when you lift the 3 zeros every 100 dollar is going to be 120 dinars. So that's about 85 cents. The guy {Interviewer] asked does the CBI have the infrastructure ready for this process and this guy [General Manager] said yes everything is ready for this project to move forward...
12-17-2019 Newshound/Intel Guru David M. Witty Iraqi source: political blocs will agree on name of new PM by Thursday. Outgoing Iraqi PM Abdel-Mahdi tells President Salih Thursday is the last day of the caretaker government.
12-17-2019 Intel Guru MarkZ [How long will they give us to exchange once we can make appointments?] I have heard they expect 95% of redemptions done in the first 10 days...but I am told they will give up to 30 days for everyone to get done. I do not think anyone will wait for the last minute…
12-17-2019 Newshound/Intel Guru Mnt Goat WOW! Things are moving very fast with the pressure from the demonstrators. ...Can Iraq expel Iran with the help of the US? Tehran has offered to exit from Iraq in exchange for lifting the blockade and abandoning the overthrow of the regime. ...So they admit to trying to overthrow the Iraq government. Next will they actually withdraw and the US accept the terms? This could be HUGE, HUGE and HUGE!
12-17-2019 Intel Guru MarkZ [via PDK] A lot of good things out there today. A lot of articles...The rumor is Trump took himself out of it so that the RV can move forward regardless of the stuff affecting him… If the rumor is indeed true It’s a good thing…but again I can not prove it one way of another. We are so stinkin close guys….it’s just painful…you can see it in the news, we see it in the Central Banks...there is definently a lot of chatter from the banking area…I am hearing this is our week…everything is in place…that we should see this no later than Thursday…There are a lot of things pointing to it happening right about NOW.
12-17-2019 Intel Guru Delta Translation: "General Manager of the Financial Operation of the Central Bank of Iraq Interview" - the 25,000 Dinar is gonna become a 25 dinar but not how you think. It's not a LOP...the goal behind that is to fix the accounting...basically the payment system...if you have a 25,000 dinar note you're still going to get 25,000 dinar lower denominations...the CBI is confirming to everybody they are moving forward...when you lift the 3 zeros every 100 dollar is going to be 120 dinars. So that's about 85 cents. The guy {Interviewer] asked does the CBI have the infrastructure ready for this process and this guy [General Manager] said yes everything is ready for this project to move forward...
12-17-2019 Newshound/Intel Guru David M. Witty Iraqi source: political blocs will agree on name of new PM by Thursday. Outgoing Iraqi PM Abdel-Mahdi tells President Salih Thursday is the last day of the caretaker government.
12-16-2019 Newshound Guru Bloodloch Use your heads, folks. Once "it" happens, and before you go to a BANK to exchange, meet with a Certified Public Accountant and an Attorney at Law, and maybe even a Certified Financial Planner...This is not a lawsuit to recover funds, but just a simple exchange with some savvy tax and estate planning thrown in. Be honest and let them know what your goals are for yourself, your family and the future. Let them walk you through the procedures for windfall-income tax planning and then HEED their advice, to the letter. Remember, they'll want to do a good job for you so they can keep your business and represent you, do your annual taxes, offer future advisory services, etc. Do this and you should be just fine. [Post 2 of 2] [NOTE: Speak with your tax and financial advisors at the appropriate time.]
12-16-2019 Newshound Guru Bloodloch Just to reiterate what's been said before: We should not need an 800 number, or a "secure website", or anything of that nature in order to exchange our dinars for dollars or other home-nation currencies once they become tradable and possess an exchange value that is attractive to holders. [We should not need to] Call an 800 number that is not a known bank and chances are extremely high you are talking to a thief and making appointments with nicely-dressed, smooth-talking, professional thieves. [We should not need to] Input your information on some so-called secure website and you have placed your personal data at high risk and likely on the computer screens of thieves once again. [Post 1 of 2...stay tuned] [NOTE: Speak with your tax and financial advisors at the appropriate time.]
12-16-2019 Intel Guru Frank26 ...It's not the Prime Minister who opens a new budget. It's the Minister of Finance who opens it and declares it to the country...not all of the GOI resigned and ran away in fear of being arrested...a good majority who were decent are still there...the Minister of Finance that is in this government that did not resign he has the authority to open the budget...
12-16-2019 Intel Guru MarkZ We still seem to be sitting on “go”. There was lots of good chatter and then Saturday night…Boom...it got really quiet. Like someone turned off the news. I had a number of conversations with contacts in Iraq this weekend…They are still extremely positive. Folks in Iraq are still excited…they are still expecting the new rate on Tuesday.
12-16-2019 Newshound Guru Kaperoni ...the IMF councils the CBI what to do. And they told them to float the currency. Never has there been talk of a RV or RI...Here is a direct quote from the IMF to the CBI from 2012 Article IV consultation..."staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy." That is a float people not a RV or RI! Here is the rest of that quote from the IMF..."Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect,"
12-16-2019 Intel Guru Frank26 Question "...why can't the 2020 budget which is said to be about 155-160 Trillion which is 20% more than 2019 operate at a program rate as well? " I didn't say it couldn't. I just pray it doesn't come out that way...Do you think you're gonna get a 160 trillion out of that budget? Hell no. Last year's budget was 20% less than that. Did they get the whole budget? No. And that's why Iraq has slums and streets filled with torn down buildings. The place needs to be fixed up...if they come out with the 2020 budget at a program rate of 1190 is that the end of world? Of course not...but "daddy" ain't gonna allow that much longer I bet you. I'm leaning toward the fact that the budget will open with the new rate. I'm leaning towards the fact that we'll see the rate before the budget is opened up...
12-16-2019 Newshound Guru MilitiaMan So, if we look at the play book above [posts 1 and 2, 12-15-2019] they sure have been working to keep the CBI on track...So, even if we don't see it in the next 24 - 48 hours we have what [Guru] Delta says iho that we are now 100% going to get paid (effectively, imo) and it looks to be within this year or within a day or two just outside that...I personally, think we have a great shot at any time now, before they open and or close their banks each day moving forward...The evidence supports it from the CBI and the actions that came from the time lines of their actions and the actions of at least the largest lender in the Country of Iraq, being the Iraq Trade Bank. So, we shall see. imo...Peace to all! [post 3 of 3]
12-16-2019 Newshound Guru Bloodloch Just to reiterate what's been said before: We should not need an 800 number, or a "secure website", or anything of that nature in order to exchange our dinars for dollars or other home-nation currencies once they become tradable and possess an exchange value that is attractive to holders. [We should not need to] Call an 800 number that is not a known bank and chances are extremely high you are talking to a thief and making appointments with nicely-dressed, smooth-talking, professional thieves. [We should not need to] Input your information on some so-called secure website and you have placed your personal data at high risk and likely on the computer screens of thieves once again. [Post 1 of 2...stay tuned] [NOTE: Speak with your tax and financial advisors at the appropriate time.]
12-16-2019 Intel Guru Frank26 ...It's not the Prime Minister who opens a new budget. It's the Minister of Finance who opens it and declares it to the country...not all of the GOI resigned and ran away in fear of being arrested...a good majority who were decent are still there...the Minister of Finance that is in this government that did not resign he has the authority to open the budget...
12-16-2019 Intel Guru MarkZ We still seem to be sitting on “go”. There was lots of good chatter and then Saturday night…Boom...it got really quiet. Like someone turned off the news. I had a number of conversations with contacts in Iraq this weekend…They are still extremely positive. Folks in Iraq are still excited…they are still expecting the new rate on Tuesday.
12-16-2019 Newshound Guru Kaperoni ...the IMF councils the CBI what to do. And they told them to float the currency. Never has there been talk of a RV or RI...Here is a direct quote from the IMF to the CBI from 2012 Article IV consultation..."staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy." That is a float people not a RV or RI! Here is the rest of that quote from the IMF..."Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect,"
12-16-2019 Intel Guru Frank26 Question "...why can't the 2020 budget which is said to be about 155-160 Trillion which is 20% more than 2019 operate at a program rate as well? " I didn't say it couldn't. I just pray it doesn't come out that way...Do you think you're gonna get a 160 trillion out of that budget? Hell no. Last year's budget was 20% less than that. Did they get the whole budget? No. And that's why Iraq has slums and streets filled with torn down buildings. The place needs to be fixed up...if they come out with the 2020 budget at a program rate of 1190 is that the end of world? Of course not...but "daddy" ain't gonna allow that much longer I bet you. I'm leaning toward the fact that the budget will open with the new rate. I'm leaning towards the fact that we'll see the rate before the budget is opened up...
12-16-2019 Newshound Guru MilitiaMan So, if we look at the play book above [posts 1 and 2, 12-15-2019] they sure have been working to keep the CBI on track...So, even if we don't see it in the next 24 - 48 hours we have what [Guru] Delta says iho that we are now 100% going to get paid (effectively, imo) and it looks to be within this year or within a day or two just outside that...I personally, think we have a great shot at any time now, before they open and or close their banks each day moving forward...The evidence supports it from the CBI and the actions that came from the time lines of their actions and the actions of at least the largest lender in the Country of Iraq, being the Iraq Trade Bank. So, we shall see. imo...Peace to all! [post 3 of 3]
12-15-2019 Newshound Guru MilitiaMan We also know that we are watching things about the 2020 budget to be revealed and they told us that last week it would be out and that has not happened yet. It is now slated to possibly be for tomorrow. ...the 2004 - 2017 budgets were sorted and accounted for. That leaves the 2018 and 2019 to be disclosed as needing to be accounted for too, prior to the 2020...So clearly they have a time frame as stated and it looks to be clear to me they want to keep the rate in those budgets quiet until game over...But, also note that the oil and gas, infrastructure and 2020 budget are slated for vote as early as tomorrow, unless otherwise changed... [post 2 of 3....stay tuned]
12-15-2019 Newshound Guru MilitiaMan ...The events of recent past show some fascinating things to note. We have not seen anything from the CBI telling us they have stopped the reform process. In fact the CBI has told us that they are linked with other Central Banks of the world. Noted by their website showing other note specimens...In addition...I found per the CBI that they told the world to be prepared for Contract modifications...Then ...the Iraq Trade Bank came out and suspended loans for the month of December... Then [Guru] Delta's research shows that around 11/27/2019 that Al Taif Islamic Bank / Exchange'r published warnings on their website to be prepared for dollar rate change. That is an additional confirmation to the CBI that the process is under way. [post 1 of 3....stay tuned]
12-15-2019 Newshound Guru Jeff Here's my option on the demonstrations. Yes they're gonna continue. At least right now they're not out of control and they're not tearing the place apart...the government was only able to offer back roughly two items without having the rate change...Money and creating jobs for them. All of their other demands which were additional monies from Article 140, HCL, reforms reconstruction all of those items are contained within the 2020 budget...the 2020 budget is married to the rate change. They can't implement any of those additional items which are demonstrator demands until that rate changes...here's the good news about this...we know that more time is needed to finish setting the stage for the rate change...but they can't wait too long because the demonstrators are going to be so far up their wazoo tearing the place apart that they can't wait 6 to 8 months...so that's good having that lurking in the background...
12-15-2019 Intel Guru Frank26 Question "Can you tell us any other currencies that are about to revalue?" I only study the Iraqi dinar. And the reason why is...the CBI is the only central bank that I know of that has put out the information through the IMF that they are about ready to reinstate their currency by removing zeros from your currency to add value to it and introduce a new category note to match that rate. I don't know of any other central bank saying that to me. If they were, shoot I'd be all over it...
12-15-2019 Newshound Guru Jeff Articles "Iraqi presidencies meet on the completion of the government and the US presence"; "Details of the Peace Palace Meeting" ...here's two of those articles...they're both from February 27 2019. These are the articles that tell you 1. The government was complete. 2. The second one shows you that huge celebration where they all joined together...this is the level of meeting you have when you have completed the government to celebrate...a huge accomplishment of unity...this is the level of meeting you would have shortly before you're preparing to changed that rate. IMO this was them kind of having a 30 day stage preparation before changing that rate...[IMO] they had full intentions of changing the rate possibly over that weekend of March 21st 22nd of this year 19. But it was Donald Trump who stepped in and pulled the plug on that for his own political gains and purposes.
12-15-2019 Newshound Guru Kaperoni If the Central Bank decides to raise the value, it won't be overnight but via a float to counter pressure created by significant investment.
12-15-2019 Newshound Guru MilitiaMan ...The events of recent past show some fascinating things to note. We have not seen anything from the CBI telling us they have stopped the reform process. In fact the CBI has told us that they are linked with other Central Banks of the world. Noted by their website showing other note specimens...In addition...I found per the CBI that they told the world to be prepared for Contract modifications...Then ...the Iraq Trade Bank came out and suspended loans for the month of December... Then [Guru] Delta's research shows that around 11/27/2019 that Al Taif Islamic Bank / Exchange'r published warnings on their website to be prepared for dollar rate change. That is an additional confirmation to the CBI that the process is under way. [post 1 of 3....stay tuned]
12-15-2019 Newshound Guru Jeff Here's my option on the demonstrations. Yes they're gonna continue. At least right now they're not out of control and they're not tearing the place apart...the government was only able to offer back roughly two items without having the rate change...Money and creating jobs for them. All of their other demands which were additional monies from Article 140, HCL, reforms reconstruction all of those items are contained within the 2020 budget...the 2020 budget is married to the rate change. They can't implement any of those additional items which are demonstrator demands until that rate changes...here's the good news about this...we know that more time is needed to finish setting the stage for the rate change...but they can't wait too long because the demonstrators are going to be so far up their wazoo tearing the place apart that they can't wait 6 to 8 months...so that's good having that lurking in the background...
12-15-2019 Intel Guru Frank26 Question "Can you tell us any other currencies that are about to revalue?" I only study the Iraqi dinar. And the reason why is...the CBI is the only central bank that I know of that has put out the information through the IMF that they are about ready to reinstate their currency by removing zeros from your currency to add value to it and introduce a new category note to match that rate. I don't know of any other central bank saying that to me. If they were, shoot I'd be all over it...
12-15-2019 Newshound Guru Jeff Articles "Iraqi presidencies meet on the completion of the government and the US presence"; "Details of the Peace Palace Meeting" ...here's two of those articles...they're both from February 27 2019. These are the articles that tell you 1. The government was complete. 2. The second one shows you that huge celebration where they all joined together...this is the level of meeting you have when you have completed the government to celebrate...a huge accomplishment of unity...this is the level of meeting you would have shortly before you're preparing to changed that rate. IMO this was them kind of having a 30 day stage preparation before changing that rate...[IMO] they had full intentions of changing the rate possibly over that weekend of March 21st 22nd of this year 19. But it was Donald Trump who stepped in and pulled the plug on that for his own political gains and purposes.
12-15-2019 Newshound Guru Kaperoni If the Central Bank decides to raise the value, it won't be overnight but via a float to counter pressure created by significant investment.
12-14-2019 Intel Guru Frank26 ...1 to 1 is not realistic. This is the first time I mention it to anybody...I don't worry about the rate. I don't think a program rate is enough to fulfill the budget. I also now don't think 1 to 1 is enough. Especially with the recalculations...
12-14-2019 Newshound Guru Samson Article: "Parliament holds its session next Monday and the election law is on its agenda"
12-14-2019 Intel/Newshound Gurus Frank26 & Walkingstick ...IMO we know it's a 1 to 1 rate because they told us and we have the articles to prove it. But [Guru] Walkingstick said, 'don't be surprised. They said 1 to 1 but it could be higher.'...
12-14-2019 Intel Guru Delta ...I have 99% belief that we are going to see this from now to the 2nd of January...
12-14-2019 Intel Guru Frank26 ...They're telling you about the 2020 budget and oh my gosh it's huge! There's no way a program rate can do it. No way. Therefore I know a new rate is coming before or after the budget I don't care. I care they have made it crystal clear that a new rate will come to support this gigantic budget. This budget is so big. It is so monstrous that the purchasing power that they have now with the program rate is an impossibility for that rate 1190. Therefor I know a new rate is coming...
12-14-2019 Newshound Guru Samson Article: "Parliament holds its session next Monday and the election law is on its agenda"
12-14-2019 Intel/Newshound Gurus Frank26 & Walkingstick ...IMO we know it's a 1 to 1 rate because they told us and we have the articles to prove it. But [Guru] Walkingstick said, 'don't be surprised. They said 1 to 1 but it could be higher.'...
12-14-2019 Intel Guru Delta ...I have 99% belief that we are going to see this from now to the 2nd of January...
12-14-2019 Intel Guru Frank26 ...They're telling you about the 2020 budget and oh my gosh it's huge! There's no way a program rate can do it. No way. Therefore I know a new rate is coming before or after the budget I don't care. I care they have made it crystal clear that a new rate will come to support this gigantic budget. This budget is so big. It is so monstrous that the purchasing power that they have now with the program rate is an impossibility for that rate 1190. Therefor I know a new rate is coming...
12-13-2019 Intel/Newshound Guru Delta ...I have 99% belief that we are going to see this from now to the 2nd of January... [Based on a TV interview with a member of the Finance Committee in Iraq. Stay tuned for the translation.]
12-13-2019 Newshound Guru Kaperoni ...Nothing is about to happen...Not waiting on an announcement. No redemption centers. No NDA's. Iraq is in a transition to a new Prime Minister, stability is an issue and parliament is recessed due to a disagreement over several laws.
12-13-2019 Intel Guru Bruce ...there have been 2 major telecommunications with between our president Trump/ the bank CEO’s/other people in the 3 letter agencies over the last couple of days – ...to alert the banks to make sure that nothing is in the way to keep this from going – to let this go – do not try to inhibit it do not try to do anything to slow it down or there would be repercussions...letting them know that they were absolutely serious about any more playing with this – to let this go – ...I believe the point was very well taken and I believe it was very well made and believe me – the repercussions were very serious and I think we are at the point of no more negative influence on moving forward with our exchanges / our redemption getting underway...we should have a fantastic maybe best ever Christmas we’ve ever had... [post 2 of 2]
12-13-2019 Intel Guru Bruce [via WiserNow] ...I will say this – we are at a really good place because of the things that have happened in the last few days...the GCR is in effect in place... Now, the next piece is what we’re hearing from various bank sources/redemption center/and other informed sources are looking for this to be a very important weekend for us... So you’ve got a wide open weekend there where anything is possible and maybe – just maybe we do get started on Saturday...Now, we at the redemption centers when we go in, we are going to have the ability to take some cash up to 14,000... [post 1 of 2....stay tuned]
12-13-2019 Intel Guru MarkZ ...Reno, Hong Kong, Zurich and Richmond...are being told there is a huge amount of pressure to have it all rolled out by late Saturday...We seemed to be ramped up and ready to go…My redemption Center contacts have a skeleton crew today…most are on call…but they do expect to work this weekend. Iraq is expecting to see it by Tuesday now… There is a lot of legislation they are getting done by that...I can tell you that we are in “crunch time” because most of the banking world take off 2 weeks in December...So am worried if not done soon it will be pushed off until the new year… I think we are in the “perfect storm” from watching world news…I think that 800 numbers and emails are the next steps.
12-13-2019 Intel Guru Frank26 ...IMO about 10 million people in the United States of America have dinars. IMO I think the president of the United States has dinars. That's a lot of people. It's gonna make quite a difference for the economy of the United States of America. We already have a beautiful amazing Sunday - A banana split and we're about to add a cherry on top of it...
12-13-2019 Newshound/Intel Guru Mnt Goat But many say – Oh – but Iran has all this dinar and they will be wealthy and this will circumvent the US sanctions. Really? ...The Iranians are already making billions over the fraudulent currency auctions. Do you think this really matters? ...The CBI told us there is only a fixed amount of IQD now in circulation. I remember them saying about 74 trillion? This was down from three times that much. Yes, they had to reduce the amount by 2/3 and did so. Who cares who has it? We have some too. So what? This is how reinstatements occur. Some will get rich if they smart enough and willing to invest early when the rate is suppressed. It is now artificially suppressed. So please all you negative nellies out their – calm down! This is all going to work out and we are going to get our money from this investment... [post 2 of 2]
12-13-2019 Newshound/Intel Guru Mnt Goat What [is]... on that first list of demands by the demonstrators? ...Yes, currency reform is on the list (as to do away with the currency auctions)? ...This situation is fluid. But one day very soon this is going to just come out and the OFAC sanctions will be lifted on Iraq. When? I keep listing out the issues that seem now plausible for Iraq to deal with. ...It is now all about getting rid of corruption and Iranian influence in Iraq politics. I truly believe...these two items are blocking the reinstatement and must be accomplished to some degree... [post 1 of 2....stay tuned]
12-13-2019 Newshound Guru Kaperoni ...Nothing is about to happen...Not waiting on an announcement. No redemption centers. No NDA's. Iraq is in a transition to a new Prime Minister, stability is an issue and parliament is recessed due to a disagreement over several laws.
12-13-2019 Intel Guru Bruce ...there have been 2 major telecommunications with between our president Trump/ the bank CEO’s/other people in the 3 letter agencies over the last couple of days – ...to alert the banks to make sure that nothing is in the way to keep this from going – to let this go – do not try to inhibit it do not try to do anything to slow it down or there would be repercussions...letting them know that they were absolutely serious about any more playing with this – to let this go – ...I believe the point was very well taken and I believe it was very well made and believe me – the repercussions were very serious and I think we are at the point of no more negative influence on moving forward with our exchanges / our redemption getting underway...we should have a fantastic maybe best ever Christmas we’ve ever had... [post 2 of 2]
12-13-2019 Intel Guru Bruce [via WiserNow] ...I will say this – we are at a really good place because of the things that have happened in the last few days...the GCR is in effect in place... Now, the next piece is what we’re hearing from various bank sources/redemption center/and other informed sources are looking for this to be a very important weekend for us... So you’ve got a wide open weekend there where anything is possible and maybe – just maybe we do get started on Saturday...Now, we at the redemption centers when we go in, we are going to have the ability to take some cash up to 14,000... [post 1 of 2....stay tuned]
12-13-2019 Intel Guru MarkZ ...Reno, Hong Kong, Zurich and Richmond...are being told there is a huge amount of pressure to have it all rolled out by late Saturday...We seemed to be ramped up and ready to go…My redemption Center contacts have a skeleton crew today…most are on call…but they do expect to work this weekend. Iraq is expecting to see it by Tuesday now… There is a lot of legislation they are getting done by that...I can tell you that we are in “crunch time” because most of the banking world take off 2 weeks in December...So am worried if not done soon it will be pushed off until the new year… I think we are in the “perfect storm” from watching world news…I think that 800 numbers and emails are the next steps.
12-13-2019 Intel Guru Frank26 ...IMO about 10 million people in the United States of America have dinars. IMO I think the president of the United States has dinars. That's a lot of people. It's gonna make quite a difference for the economy of the United States of America. We already have a beautiful amazing Sunday - A banana split and we're about to add a cherry on top of it...
12-13-2019 Newshound/Intel Guru Mnt Goat But many say – Oh – but Iran has all this dinar and they will be wealthy and this will circumvent the US sanctions. Really? ...The Iranians are already making billions over the fraudulent currency auctions. Do you think this really matters? ...The CBI told us there is only a fixed amount of IQD now in circulation. I remember them saying about 74 trillion? This was down from three times that much. Yes, they had to reduce the amount by 2/3 and did so. Who cares who has it? We have some too. So what? This is how reinstatements occur. Some will get rich if they smart enough and willing to invest early when the rate is suppressed. It is now artificially suppressed. So please all you negative nellies out their – calm down! This is all going to work out and we are going to get our money from this investment... [post 2 of 2]
12-13-2019 Newshound/Intel Guru Mnt Goat What [is]... on that first list of demands by the demonstrators? ...Yes, currency reform is on the list (as to do away with the currency auctions)? ...This situation is fluid. But one day very soon this is going to just come out and the OFAC sanctions will be lifted on Iraq. When? I keep listing out the issues that seem now plausible for Iraq to deal with. ...It is now all about getting rid of corruption and Iranian influence in Iraq politics. I truly believe...these two items are blocking the reinstatement and must be accomplished to some degree... [post 1 of 2....stay tuned]
12-12-2019 Newshound/Intel Guru Francis Albert ...Iraq is only "On the hook" essentially for break out of FOREX...say (I predict), .86...Traders buy and sell...that will raise the value...all that money, say up to 3 or 4 dollars, comes from people making an loosing money trading. Iraq is out of the picture at that point...because they are just buying and selling ethereal Dinar that don't and will never exist. [I would love to see 86 cents...wow.] Well, I think you would be making a big mistake to cash out at .86 Just my opinion. I suggest, you tie yourself to your bed, watch FOREX...for a bit...it's not going to go down. [Consult with your financial professional at the appropriate time.]
12-12-2019 Guest Guru BobL I had a very interesting conference call the other day…something I have been involved with for years and is part of the RV/GCR…It’s one of the steps that has to happen in order for it to kick off…It’s been dormant for some time and now all of the sudden there is a lot of activity…I can’t share a ton because I have an NDA….” but I can say that final documentation is being accumulated and sent in the appropriate places dealing with one component in “flipping the switch on the GCR. We are incredibly close…the things being exposed in the public is preparing the world for an asset/gold backed currency ...Most of the problems have been security related...but it is happening...you should all be very hopeful . This is a huge thing with a incredible amount of moving parts and people involved.
12-12-2019 Intel Guru MarkZ Banking chatter has gone through the roof...my folks in Redemption centers are all in place. They had a skeleton crew the last few days but today they are fully staffed. I hear from bankers here on the east coast from Richmond to Raliegh to Reno that they are getting calls to be in place…things are really heating up...There is a whole lot of chatter today after 4 days of “deafening silence”. I talked to 2 contacts in Iraq and they are still positive we will see it before next Tuesday...
12-12-2019 Newshound/Intel Guru RVAlready I think [Article] 140 is smoke and CBI is fast tracking the RV. If the protestors do not see the RV soon, things will get uglier for the government.
12-12-2019 Newshound Guru Jeff I have found something HUGE that no one else has caught on to or noticed. History right now is repeating itself. Article "Parliamentary Finance: Iraq will enter a temporary budget in 2020" Iraq is approving and putting in place a temporary budget...IMO what this temporary budget is gonna do is cover their government operating expenses through Q1. What that does is gives them time to approve the permanent budget that I told you IMO would be implemented Q2...this article right at the end is telling you the reforms are inside the 2020 budget. This is huge...
12-12-2019 Newshound/Intel Guru Mnt Goat Article "CENTRAL BANK HAS BEEN BUYING GOLD IN PREPARATION FOR CURRENCY RISE" Quote: "Iraqi Central Bank bought gold reserves of more than 90 tons. This is a cover for the Iraqi dinar IN ORDER TO ENHANCE ITS STRENGTH IN THE GLOBAL MARKETS." This is one of those WOW! articles. Why are they telling us this now in the midst of all these demonstrations? Is the CBI about to raise the value of the dinar now because, even though they have bought all this gold the rate of the dinar has actually gone down. So, when will the true value be reflected in the rate?
12-12-2019 Guest Guru BobL I had a very interesting conference call the other day…something I have been involved with for years and is part of the RV/GCR…It’s one of the steps that has to happen in order for it to kick off…It’s been dormant for some time and now all of the sudden there is a lot of activity…I can’t share a ton because I have an NDA….” but I can say that final documentation is being accumulated and sent in the appropriate places dealing with one component in “flipping the switch on the GCR. We are incredibly close…the things being exposed in the public is preparing the world for an asset/gold backed currency ...Most of the problems have been security related...but it is happening...you should all be very hopeful . This is a huge thing with a incredible amount of moving parts and people involved.
12-12-2019 Intel Guru MarkZ Banking chatter has gone through the roof...my folks in Redemption centers are all in place. They had a skeleton crew the last few days but today they are fully staffed. I hear from bankers here on the east coast from Richmond to Raliegh to Reno that they are getting calls to be in place…things are really heating up...There is a whole lot of chatter today after 4 days of “deafening silence”. I talked to 2 contacts in Iraq and they are still positive we will see it before next Tuesday...
12-12-2019 Newshound/Intel Guru RVAlready I think [Article] 140 is smoke and CBI is fast tracking the RV. If the protestors do not see the RV soon, things will get uglier for the government.
12-12-2019 Newshound Guru Jeff I have found something HUGE that no one else has caught on to or noticed. History right now is repeating itself. Article "Parliamentary Finance: Iraq will enter a temporary budget in 2020" Iraq is approving and putting in place a temporary budget...IMO what this temporary budget is gonna do is cover their government operating expenses through Q1. What that does is gives them time to approve the permanent budget that I told you IMO would be implemented Q2...this article right at the end is telling you the reforms are inside the 2020 budget. This is huge...
12-12-2019 Newshound/Intel Guru Mnt Goat Article "CENTRAL BANK HAS BEEN BUYING GOLD IN PREPARATION FOR CURRENCY RISE" Quote: "Iraqi Central Bank bought gold reserves of more than 90 tons. This is a cover for the Iraqi dinar IN ORDER TO ENHANCE ITS STRENGTH IN THE GLOBAL MARKETS." This is one of those WOW! articles. Why are they telling us this now in the midst of all these demonstrations? Is the CBI about to raise the value of the dinar now because, even though they have bought all this gold the rate of the dinar has actually gone down. So, when will the true value be reflected in the rate?
12-11-2019 Intel Guru Delta ...BASE ON WHAT CBI TOLD US ON THE INTERVIEW WE ARE WAITING FOR ANNOUNCEMENT NOTHING MORE... IMO.
12-11-2019 Intel Guru Bruce ...do I believe that it’s going down this week? I’ve been told it is – I’ve been told we have a back wall – which I hate that term...because we know the back wall has been moved time and time again...But...I believe it’s Saturday... So, if that is the case, and if everything, quote unquote, is done...I believe we are...and we should be there this week...I feel really good about it occurring this week... I want to be expectant for something good to be happening very soon and hopefully this week... [post 2 of 2]
12-11-2019 Intel Guru Bruce [via WiserNow] ...I know they [redemption centers] are waiting for information from corporate offices...so they can staff redemptions centers as fully as they need to be for the next 8 or so days. Now, when it gets this relatively quiet, we look at it as a good sign – We know that people have been told to shut up...that there are gag orders... there are NDA’s in place – We know that there is clean up ongoing that we know is going on behind the scenes – but we don’t really know the exact nuts and bolts of it all ...sources...are getting....less and less ability to communicate... [post 1 of 2....stay tuned]
12-11-2019 Newshound Guru Adam Montana WTI (oil) at $59 this morning = good. The Kurds already agreed to a portion of the Budget, and they are continuing to make progress on their own responsibilities. Also good. For those coming late to the party, Prime Minister Mahdi is stepping down and is to be replaced. Reading between the lines leads me to believe that a person is chosen, but they are going to wait until the "last possible day" to announce him. This makes sense to me - by releasing the name at the last minute, they will transition into the next phase with less issues. I like it. Things are going well. As long as Steve Harvey isn't chosen to announce the rate, we're going to be just fine! [LOL]
12-11-2019 Intel Guru MarkZ [via PDK] I am hearing there was a big, high-level banking meeting held late last night in the US…dealing with where we are at…and the delays… All they would tell me is it’s very close…just wait a little longer…I am digging and trying to find out more without them violating any NDA’s ... I spoke to 3 people in Iraq… ...there are a number of government changes happening and based on what they see - they are hopeful to see the new rate between now and the first of next week. CBI is continuing to educate people about the monetary reform... I am very encouraged by this…
12-11-2019 Newshound/Intel Guru Mnt Goat ...We know that the HCL is designated to pay out under a uniform rate of close to 1:1 with the US dollar. This is how it was set up. So, the in-country RV only has to be announced now... I have said this before and I will say it again. Don’t worry about the initial rate of the in-country RV that should come out around 83 cents to a buck. This rate will be pushed to FOREX as the initial rate but it will get driven up so quickly to the real nominal value that you will not even have chance to go to the bank before its around $3+ and maybe even climbs to $4+. Am I giving you a rate? Yes, we know about the rate now and we know how they plan to implement this process. This is nothing new. This is as close as anyone will get until the rate is actually shown.
12-11-2019 Intel Guru Frank26 ...They're revealing their plan. The rate of the country's currency ladies and gentlemen against the American dollar is about to change...This is the latest thing the CBI has revealed...
12-11-2019 Newshound Guru Vital Brad ...this is closer than it's ever been since I've been involved. Over 10 years. Things are really happening in Iraq. Things are really moving. There's a lot to be excited about...
12-11-2019 Intel Guru Bruce ...do I believe that it’s going down this week? I’ve been told it is – I’ve been told we have a back wall – which I hate that term...because we know the back wall has been moved time and time again...But...I believe it’s Saturday... So, if that is the case, and if everything, quote unquote, is done...I believe we are...and we should be there this week...I feel really good about it occurring this week... I want to be expectant for something good to be happening very soon and hopefully this week... [post 2 of 2]
12-11-2019 Intel Guru Bruce [via WiserNow] ...I know they [redemption centers] are waiting for information from corporate offices...so they can staff redemptions centers as fully as they need to be for the next 8 or so days. Now, when it gets this relatively quiet, we look at it as a good sign – We know that people have been told to shut up...that there are gag orders... there are NDA’s in place – We know that there is clean up ongoing that we know is going on behind the scenes – but we don’t really know the exact nuts and bolts of it all ...sources...are getting....less and less ability to communicate... [post 1 of 2....stay tuned]
12-11-2019 Newshound Guru Adam Montana WTI (oil) at $59 this morning = good. The Kurds already agreed to a portion of the Budget, and they are continuing to make progress on their own responsibilities. Also good. For those coming late to the party, Prime Minister Mahdi is stepping down and is to be replaced. Reading between the lines leads me to believe that a person is chosen, but they are going to wait until the "last possible day" to announce him. This makes sense to me - by releasing the name at the last minute, they will transition into the next phase with less issues. I like it. Things are going well. As long as Steve Harvey isn't chosen to announce the rate, we're going to be just fine! [LOL]
12-11-2019 Intel Guru MarkZ [via PDK] I am hearing there was a big, high-level banking meeting held late last night in the US…dealing with where we are at…and the delays… All they would tell me is it’s very close…just wait a little longer…I am digging and trying to find out more without them violating any NDA’s ... I spoke to 3 people in Iraq… ...there are a number of government changes happening and based on what they see - they are hopeful to see the new rate between now and the first of next week. CBI is continuing to educate people about the monetary reform... I am very encouraged by this…
12-11-2019 Newshound/Intel Guru Mnt Goat ...We know that the HCL is designated to pay out under a uniform rate of close to 1:1 with the US dollar. This is how it was set up. So, the in-country RV only has to be announced now... I have said this before and I will say it again. Don’t worry about the initial rate of the in-country RV that should come out around 83 cents to a buck. This rate will be pushed to FOREX as the initial rate but it will get driven up so quickly to the real nominal value that you will not even have chance to go to the bank before its around $3+ and maybe even climbs to $4+. Am I giving you a rate? Yes, we know about the rate now and we know how they plan to implement this process. This is nothing new. This is as close as anyone will get until the rate is actually shown.
12-11-2019 Intel Guru Frank26 ...They're revealing their plan. The rate of the country's currency ladies and gentlemen against the American dollar is about to change...This is the latest thing the CBI has revealed...
12-11-2019 Newshound Guru Vital Brad ...this is closer than it's ever been since I've been involved. Over 10 years. Things are really happening in Iraq. Things are really moving. There's a lot to be excited about...
12-10-2019 Intel Guru Delta ...I believe this week or next week we should see an announcement coming up from the Central Bank of Iraq. This is going to be a big thing because the Committee of Financial Operations they're ready...they're lining up everything...
12-10-2019 Intel Guru MarkZ [via PDK] Redemption center folks have been there all week so far. I have connections in 3 different spots and they are hearing little to no news right now. They still have a high level of expectation. ...Is this the quiet before the storm? ...maybe its not a bad thing that we have a lack of news. I did speak with my Iraq contact…no new rate yet but they are in a better mood now…I am still hearing Dinar $3+ to $8 ...with a possible Contract rate of as high as $28.50...I still believe that the Dong will come out at about .47 and maybe float..to low 2's...
12-10-2019 Newshound Guru Jeff Article "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies" ...because Iraq's inflation is a little bit higher they need to delete the zeros...to curb the inflation that will allow them to mint coins. And they will have a higher exchange rate because of the deletion of the zeros to support and sustain and allow for the minting and use of coins...
12-10-2019 Intel & Newshound Gurus Frank26 & Walkingstick ...the currency of Iraq against the American dollar - the exchange rate is about to go up. It's now in print!...why do you think Kurdistan is going ape-kaka! They can't wait to start making money. It's now in print ladies and gentlemen...the value is changing, they said it! ...It stops short of one thing...the pictures and descriptions of the new small category notes...
12-10-2019 Newshound/Intel Guru Mnt Goat So, the US is now in Iraq in force. They are pushing to open these budgets and get these much-needed reforms and projects completed. ...When will this occur? It can’t be too long now since the demonstrators demand these payments [HCL] and now the US too is going to force this to happen. Will the CBI convince the US to let the later reinstatement process go ahead, if they pay out? The US will have to let it go since Iraq will have to issue the smaller of the smaller category notes and this initiates the process to delete the zeros that ultimately leads to the reinstate of the dinar for global trading. ...What we don’t know is the exact timing and so we sit and wait. Again…I tell you we are in a VERY GOOD, unprecedented, never before since 2012-2013, window of opportunity to see this happen. I do not see this window coming and going like the others of the past. I truly believe this may be it... [post 2 of 2]
12-10-2019 Newshound/Intel Guru Mnt Goat ...the main thrust of the demonstrators in Iraq is for the GOI to live up to past promises...to payout on promised HCL (excess oil revenue) payments to the citizens. ...This part of the HCL law was voted on and passed, then promised to the people in the summer of 2018, then again in fall. Then one last news article told us in January 2019. But still no payments have been made. Why? It is because of the corruption in the government. They do not want to open the 2018 budget and now the 2019 budget, as done with other budgets since 2014...they know if they do open the budget it includes many reforms they will be forced to implement and pay for. It has all been a fraud and a scam run by the corrupt Iranian politicians. [post 1 of 2....stay tuned]
12-10-2019 Newshound Guru Jeff News over the weekend told us this week...they are going to try to finish the Electoral Commission Act and submit the 2020 budget to parliament for the first reading...
12-10-2019 Intel Guru MarkZ [via PDK] Redemption center folks have been there all week so far. I have connections in 3 different spots and they are hearing little to no news right now. They still have a high level of expectation. ...Is this the quiet before the storm? ...maybe its not a bad thing that we have a lack of news. I did speak with my Iraq contact…no new rate yet but they are in a better mood now…I am still hearing Dinar $3+ to $8 ...with a possible Contract rate of as high as $28.50...I still believe that the Dong will come out at about .47 and maybe float..to low 2's...
12-10-2019 Newshound Guru Jeff Article "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies" ...because Iraq's inflation is a little bit higher they need to delete the zeros...to curb the inflation that will allow them to mint coins. And they will have a higher exchange rate because of the deletion of the zeros to support and sustain and allow for the minting and use of coins...
12-10-2019 Intel & Newshound Gurus Frank26 & Walkingstick ...the currency of Iraq against the American dollar - the exchange rate is about to go up. It's now in print!...why do you think Kurdistan is going ape-kaka! They can't wait to start making money. It's now in print ladies and gentlemen...the value is changing, they said it! ...It stops short of one thing...the pictures and descriptions of the new small category notes...
12-10-2019 Newshound/Intel Guru Mnt Goat So, the US is now in Iraq in force. They are pushing to open these budgets and get these much-needed reforms and projects completed. ...When will this occur? It can’t be too long now since the demonstrators demand these payments [HCL] and now the US too is going to force this to happen. Will the CBI convince the US to let the later reinstatement process go ahead, if they pay out? The US will have to let it go since Iraq will have to issue the smaller of the smaller category notes and this initiates the process to delete the zeros that ultimately leads to the reinstate of the dinar for global trading. ...What we don’t know is the exact timing and so we sit and wait. Again…I tell you we are in a VERY GOOD, unprecedented, never before since 2012-2013, window of opportunity to see this happen. I do not see this window coming and going like the others of the past. I truly believe this may be it... [post 2 of 2]
12-10-2019 Newshound/Intel Guru Mnt Goat ...the main thrust of the demonstrators in Iraq is for the GOI to live up to past promises...to payout on promised HCL (excess oil revenue) payments to the citizens. ...This part of the HCL law was voted on and passed, then promised to the people in the summer of 2018, then again in fall. Then one last news article told us in January 2019. But still no payments have been made. Why? It is because of the corruption in the government. They do not want to open the 2018 budget and now the 2019 budget, as done with other budgets since 2014...they know if they do open the budget it includes many reforms they will be forced to implement and pay for. It has all been a fraud and a scam run by the corrupt Iranian politicians. [post 1 of 2....stay tuned]
12-10-2019 Newshound Guru Jeff News over the weekend told us this week...they are going to try to finish the Electoral Commission Act and submit the 2020 budget to parliament for the first reading...
12-9-2019 Intel Guru MarkZ [via PDK] [Have you heard anything new about taxes?] I still hear that this will not be a taxable event. But, things do change and I will be setting aside 30-40% …just in case. Be sure to seek professional help when this goes.
12-9-2019 Newshound Guru Kaperoni The only way we're going to see an increase in the value of the dinar is to see laws passed to support a private sector and significant investment in the rebuilding of Iraq. Only then will we see the dinar begin to rise.
12-9-2019 Newshound Guru Jeff Article "Political blocs reach a final decision to choose a candidate to head the Iraqi government" From what we learned over the weekend. Mahdi and his cabinet will stay in place until the end of December. Now the news is telling us the political blocks have reached an agreement on a new PM candidate. That's great news. So what the the news is showing us is there most likely will not be a lapse in the PM. It will just be out with the old in with the new. Just a seamless transition from old PM to new PM. And that's great news for us.
12-9-2019 Intel Guru MarkZ [via PDK] I still continue to feel good and really feel this is our week. It was a quiet weekend…I think we all have the Monday News Blues when not much has happened yet. [What's going on in Iraq?] I have heard nothing from Iraq since Saturday Morning when there was not a new rate in the Gazette. [Okie (Guru Okie_Oil_Man) would say let's get gear down, and three green, flaps 45 degrees, and land this thing.] It is time to land that Jet for sure…landing gear down. ...There could not be a more perfect time in history to see a Global Currency Reset...
12-9-2019 Newshound/Intel Guru RVAlready ...the CBI is getting the RV released, the UN knows it is a priority, and nothing else will have any effect in delaying the RV...Protestors are demanding the RV. It is not going to be delayed for anything else.
12-9-2019 Intel Guru Frank26 Question "Do you think the IQD will peak about $4.26 after 6 to 7 months?" IMO I don't think it will be a managed float. I think it will be a float. Because of the potential of the country of Iraq and because the United States of America is protecting it with its force field of our might [and] of our armed forces. You can't touch Iraq. Nobody can. They all know it...6 to 7 months? No. I see it happening a lot faster...I do see it coming out at $1 internally and then leaving the borders at just over $1 and not within 6 or 7 months. Not even 6 or 7 weeks. Because of the potential of this country...the logarithmic potential of Iraq financial future that is going to touch so many other countries, many different ways. My God it's full of stars...You gotta know when to hold them and when to fold them. And I'm not here to do that for you... [Consult your financial professionals at the appropriate time.]
12-9-2019 Newshound Guru Kaperoni The only way we're going to see an increase in the value of the dinar is to see laws passed to support a private sector and significant investment in the rebuilding of Iraq. Only then will we see the dinar begin to rise.
12-9-2019 Newshound Guru Jeff Article "Political blocs reach a final decision to choose a candidate to head the Iraqi government" From what we learned over the weekend. Mahdi and his cabinet will stay in place until the end of December. Now the news is telling us the political blocks have reached an agreement on a new PM candidate. That's great news. So what the the news is showing us is there most likely will not be a lapse in the PM. It will just be out with the old in with the new. Just a seamless transition from old PM to new PM. And that's great news for us.
12-9-2019 Intel Guru MarkZ [via PDK] I still continue to feel good and really feel this is our week. It was a quiet weekend…I think we all have the Monday News Blues when not much has happened yet. [What's going on in Iraq?] I have heard nothing from Iraq since Saturday Morning when there was not a new rate in the Gazette. [Okie (Guru Okie_Oil_Man) would say let's get gear down, and three green, flaps 45 degrees, and land this thing.] It is time to land that Jet for sure…landing gear down. ...There could not be a more perfect time in history to see a Global Currency Reset...
12-9-2019 Newshound/Intel Guru RVAlready ...the CBI is getting the RV released, the UN knows it is a priority, and nothing else will have any effect in delaying the RV...Protestors are demanding the RV. It is not going to be delayed for anything else.
12-9-2019 Intel Guru Frank26 Question "Do you think the IQD will peak about $4.26 after 6 to 7 months?" IMO I don't think it will be a managed float. I think it will be a float. Because of the potential of the country of Iraq and because the United States of America is protecting it with its force field of our might [and] of our armed forces. You can't touch Iraq. Nobody can. They all know it...6 to 7 months? No. I see it happening a lot faster...I do see it coming out at $1 internally and then leaving the borders at just over $1 and not within 6 or 7 months. Not even 6 or 7 weeks. Because of the potential of this country...the logarithmic potential of Iraq financial future that is going to touch so many other countries, many different ways. My God it's full of stars...You gotta know when to hold them and when to fold them. And I'm not here to do that for you... [Consult your financial professionals at the appropriate time.]
12-8-2019 Intel Guru Delta AN INTERVIEW TOOK PLACE ON 09/30/19...I JUST GOT IT...WITH GENERAL DIRECTOR OF FINANCIAL OPERATION DEPARTMENT OF THE CBI...Mahmoud Mohamed Dagher. THIS DEPARTMENT JOB IS...implementing the monetary policy of the Central Bank of Iraq. HE SAID THAT THEY LAUNCHED THE PROCESS OF LIFTING ZEROS AND NEW LDS ON SEPT...AND MUCH MORE...
12-8-2019 Intel Guru Frank26 Question "Do we wait past the first rush of the rate change?" That's your business...if you want to go for that sucker bet go ahead. Everybody has been waiting an eternity to exchange their dinar for capital gains. If the CBI offers you 1 dollar what are you going to say? ...it is the individual that reaches down in the river and cups the water in his hands and brings it to his mouth and drinks...that will be successful. Not the one who just falls in the river...not aware of the dangers around him...If you're a student I think you know what to do... [Remember to always consult your financial professionals at the appropriate time.]
12-8-2019 Newshound Guru MilitiaMan Article: "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies...19th August, 2019" This is a friendly reminder to all who still think that there is any question, as to they are going to raise the value of their currency. Central Bank and Parliaments words not mine. They clearly mention coins and small category notes in support of them doing so...
12-8-2019 Intel Guru Frank26 ...it occurred 9:30am EST today [yesterday]. The CBI website shutdown. Which was 5:30PM Baghdad time...the website is for communicating, teaching and describing everything the CBI is doing right now. What are they doing right now? A monetary reform of their currency. The thing I found interesting that occurred: It was a Saturday into a Sunday. They were shut down for a long time...7 hours...I had never seen it shut down for this long before...IMO the CBI is doing maintenance on their website...I believe they're doing something in relationship to their monetary reform...what you saw today was not a mistake. It was so loud it screamed across all of our teams...we're looking for anything new after the date that VP Mike Pence arrived in Iraq...
12-8-2019 Newshound/Intel Guru Mnt Goat The currency auctions breed corruption and is one of the many sources of massive corruption of all this oil money and wealth of Iraq. Many skeptics still say that there is going to be a lop ...this could not possibly be a lop and why this is the basis for us making millions if not billions off this as a long-term investment. ...Don’t buy into this investment if you are wimp and can’t stand the pain of the constant stream of good news then bad news from the Central Bank of Iraq. Since my initial investment in the dinar in 2006 I have learned so much. I would not still be here if I did not have total faith that someday this currency will revalue by having the OFAC sanctions lifted.
12-8-2019 Intel Guru Frank26 Question "Do we wait past the first rush of the rate change?" That's your business...if you want to go for that sucker bet go ahead. Everybody has been waiting an eternity to exchange their dinar for capital gains. If the CBI offers you 1 dollar what are you going to say? ...it is the individual that reaches down in the river and cups the water in his hands and brings it to his mouth and drinks...that will be successful. Not the one who just falls in the river...not aware of the dangers around him...If you're a student I think you know what to do... [Remember to always consult your financial professionals at the appropriate time.]
12-8-2019 Newshound Guru MilitiaMan Article: "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies...19th August, 2019" This is a friendly reminder to all who still think that there is any question, as to they are going to raise the value of their currency. Central Bank and Parliaments words not mine. They clearly mention coins and small category notes in support of them doing so...
12-8-2019 Intel Guru Frank26 ...it occurred 9:30am EST today [yesterday]. The CBI website shutdown. Which was 5:30PM Baghdad time...the website is for communicating, teaching and describing everything the CBI is doing right now. What are they doing right now? A monetary reform of their currency. The thing I found interesting that occurred: It was a Saturday into a Sunday. They were shut down for a long time...7 hours...I had never seen it shut down for this long before...IMO the CBI is doing maintenance on their website...I believe they're doing something in relationship to their monetary reform...what you saw today was not a mistake. It was so loud it screamed across all of our teams...we're looking for anything new after the date that VP Mike Pence arrived in Iraq...
12-8-2019 Newshound/Intel Guru Mnt Goat The currency auctions breed corruption and is one of the many sources of massive corruption of all this oil money and wealth of Iraq. Many skeptics still say that there is going to be a lop ...this could not possibly be a lop and why this is the basis for us making millions if not billions off this as a long-term investment. ...Don’t buy into this investment if you are wimp and can’t stand the pain of the constant stream of good news then bad news from the Central Bank of Iraq. Since my initial investment in the dinar in 2006 I have learned so much. I would not still be here if I did not have total faith that someday this currency will revalue by having the OFAC sanctions lifted.
12-7-2019 Newshound/Intel Guru Mnt Goat Article: "October 3, 2012 MIDEAST MONEY" ...Is the Iraqi dinar legitimate currency of [or?] just exotic collectors item? We know from this article from 2012 that the dinar is in FACT a real currency and is being used inside Iraq as their currency right now. But in 2004, upon its inception, it was not meant to be a permanent currency. ...there were many reasons for issuing it. Are these reasons now still legitimate reasons. NO! These reasons are no longer valid and these large 3 zero notes have outlived their usefulness. In fact they are long due to be replaced with normal denominations.
12-7-2019 Newshound Guru Jeff Article "Trump envoy visits Baghdad and Erbil" ...as you know the Trump administration is in charge. The U.S. is the only group or entity that pours trillions of dollars into Iraq without writing loans...the only time the IMF or World Bank ever gave money to Iraq was in the form of a loan. In the past many gurus have come out and said that 'oh the IMF or the World Bank gave the green light.' Guess what? They're not in charge. Trump is in charge of the timing. It's that simple. That's why recently Pence was there. Now there's another Trump envoy there...
12-7-2019 Intel Guru Bruce Now, there has been some chatter out there online about 800 numbers or NO 800 numbers – I’m telling you I am getting direct from redemption centers – from banks – from people who are high, high up, saying “yes” I will get a toll free number to give you guys -- and so will 2 other people in the community that I am aware of that will get these to put out...So I am going to say “yes” we are going to get them and “yes” they’re still valid and let’s just watch this whole thing unfold in that regard...
12-7-2019 Newshound/Intel Guru Mnt Goat Article: "October 3, 2012 MIDEAST MONEY" Quote: "IN THE LONG TERM, THE CENTRAL BANK AIMS TO MAKE 1 DINAR EQUAL TO $1 with a combination of redenomination and appreciation, ALTHOUGH THAT WILL TAKE OVER THREE YEARS BECAUSE OF INSTABILITY in the Middle East" (please note date of article...is from 2012) I want everyone to know that I am not advising you to invest or not to invest in the Iraqi dinar. I am only presenting an article with my opinion based on what they are telling us from Iraq. It’s 2019 and the dinar is still NOT freely traded by banks outside IRAQ. It has been over 3 years already [more like 7 years] and still no RV. Is it time for this to happen. ...I feel these demonstrations may be the key to forcing this change finally to happen. It is not a matter of having the value to support $1.00 or even $3.00. It is instead a matter of ending the corruption and getting the political will to just do it.
12-7-2019 Intel Guru Frank26 The CBI [representative Iraqi bank] came out and not only did they put it on their website but they put it out on social media...'the American dollar rate might change.'...all of this is coming together...
12-7-2019 Intel Guru MarkZ [via PDK] [We were once told to have separate appointments for each currency …is that still true or does it matter anymore?] I heard it doesn't matter anymore...I hear they want you to do it all at once
12-7-2019 Newshound Guru Jeff Article "Trump envoy visits Baghdad and Erbil" ...as you know the Trump administration is in charge. The U.S. is the only group or entity that pours trillions of dollars into Iraq without writing loans...the only time the IMF or World Bank ever gave money to Iraq was in the form of a loan. In the past many gurus have come out and said that 'oh the IMF or the World Bank gave the green light.' Guess what? They're not in charge. Trump is in charge of the timing. It's that simple. That's why recently Pence was there. Now there's another Trump envoy there...
12-7-2019 Intel Guru Bruce Now, there has been some chatter out there online about 800 numbers or NO 800 numbers – I’m telling you I am getting direct from redemption centers – from banks – from people who are high, high up, saying “yes” I will get a toll free number to give you guys -- and so will 2 other people in the community that I am aware of that will get these to put out...So I am going to say “yes” we are going to get them and “yes” they’re still valid and let’s just watch this whole thing unfold in that regard...
12-7-2019 Newshound/Intel Guru Mnt Goat Article: "October 3, 2012 MIDEAST MONEY" Quote: "IN THE LONG TERM, THE CENTRAL BANK AIMS TO MAKE 1 DINAR EQUAL TO $1 with a combination of redenomination and appreciation, ALTHOUGH THAT WILL TAKE OVER THREE YEARS BECAUSE OF INSTABILITY in the Middle East" (please note date of article...is from 2012) I want everyone to know that I am not advising you to invest or not to invest in the Iraqi dinar. I am only presenting an article with my opinion based on what they are telling us from Iraq. It’s 2019 and the dinar is still NOT freely traded by banks outside IRAQ. It has been over 3 years already [more like 7 years] and still no RV. Is it time for this to happen. ...I feel these demonstrations may be the key to forcing this change finally to happen. It is not a matter of having the value to support $1.00 or even $3.00. It is instead a matter of ending the corruption and getting the political will to just do it.
12-7-2019 Intel Guru Frank26 The CBI [representative Iraqi bank] came out and not only did they put it on their website but they put it out on social media...'the American dollar rate might change.'...all of this is coming together...
12-7-2019 Intel Guru MarkZ [via PDK] [We were once told to have separate appointments for each currency …is that still true or does it matter anymore?] I heard it doesn't matter anymore...I hear they want you to do it all at once
12-6-2019 Intel Guru Delta ...Bank in Iraq...they had a statement that was very interesting, "The U.S. dollar rates may change." That was very strange...November 29 they started putting that small memo there...this is the first time I've seen something like that...this is huge...
12-6-2019 Intel Guru Michael Cottrell ...this thing is about to drop. Yes, we are very close given the information and activities that have happened since I sent that package to President Trump. [Do you still see this as a GCR and everything going at the same time?] Yes I do...It’s common sense the way this is going to happen...without it all happening at once and it would be a mess.
12-6-2019 Intel Guru Bruce [via WiserNow] ...27 event triggers are all but complete...There’s one that we believe is left and that we believe is the release of the toll free numbers...we are the internet group...we’re the only ones who have “privately” negotiable rates...meaning we have some flexibility on the rates...and that is why our group tier 4B will be the last to go because they have new rates...that have populated on the screens tonight for us that are very, very strong to start whenever it is that we are to start...So…we have new rates that have shown up on the screens that are solid that are there – We have a new procedure that is in place for us with this finger printing – We have expectations to get this party started here pretty soon...
12-6-2019 Newshound/Intel Guru Mnt Goat ...You may not hear anything about this in the news but they are about to payout on HCL money to the people. This will be a consistent stream of money to the people. This is mandated by the new Iraqi constitution. This is going to be interesting. The rate to be paid out to the people must be around 1:1 close to par with the US dollar. So will they change the rate also and complete the project to delete the zeros?
12-6-2019 Intel Guru MarkZ [via PDK] I talked to 2 Iraqi contacts and they are expecting and very hopeful to see the new rates in tomorrows gazette. On the flip side of that, which may or may not be related…supposedly we are positioning 14,000 troops throughout Iraq and the middle east…because of Iran. Could this be a cover? The reason to have troops there for the roll out of the RV? I certainly hope so. We are all ready to have this done...
12-6-2019 Newshound Guru MilitiaMan Article: "Diyala clans stage demonstrations in support of the peaceful center of Baquba" The calm on the streets has a great feel today. The recent actions of the suspension of loans is powerful. All loans and many contracts have to deal with payments. Think about it. Every car loan, house loan, private loan, commercial and even industrial loans have to be adjusted accordingly when a rate is expected to change...So, when they say all banks are involved that means they are ready now. Banks are closed in Baghdad long time ago now. They have said they were having a Parliament session tonight in regard to the budget... So, I feel good that this one killer window! imo.
12-6-2019 Guest Intel Guru Angel1 ...my teams are on high alert...because of the speed of this thing. Because the speed in which this is happening.
12-6-2019 Newshound Guru Kaperoni ...I assure you, nothing good is coming as a result of the Iraqi protests. These protests in Iraq are nothing more than citizen frustration over a lack of progress the past 10 years. It's going to take more than protests to fix the problems in Iraq.The political class in Iraq is embedded in corruption. They will not give up without a fight. Disclosure of assets, income and prosecution of the crooked must happen to fix this mess.
12-6-2019 Intel Guru Michael Cottrell ...this thing is about to drop. Yes, we are very close given the information and activities that have happened since I sent that package to President Trump. [Do you still see this as a GCR and everything going at the same time?] Yes I do...It’s common sense the way this is going to happen...without it all happening at once and it would be a mess.
12-6-2019 Intel Guru Bruce [via WiserNow] ...27 event triggers are all but complete...There’s one that we believe is left and that we believe is the release of the toll free numbers...we are the internet group...we’re the only ones who have “privately” negotiable rates...meaning we have some flexibility on the rates...and that is why our group tier 4B will be the last to go because they have new rates...that have populated on the screens tonight for us that are very, very strong to start whenever it is that we are to start...So…we have new rates that have shown up on the screens that are solid that are there – We have a new procedure that is in place for us with this finger printing – We have expectations to get this party started here pretty soon...
12-6-2019 Newshound/Intel Guru Mnt Goat ...You may not hear anything about this in the news but they are about to payout on HCL money to the people. This will be a consistent stream of money to the people. This is mandated by the new Iraqi constitution. This is going to be interesting. The rate to be paid out to the people must be around 1:1 close to par with the US dollar. So will they change the rate also and complete the project to delete the zeros?
12-6-2019 Intel Guru MarkZ [via PDK] I talked to 2 Iraqi contacts and they are expecting and very hopeful to see the new rates in tomorrows gazette. On the flip side of that, which may or may not be related…supposedly we are positioning 14,000 troops throughout Iraq and the middle east…because of Iran. Could this be a cover? The reason to have troops there for the roll out of the RV? I certainly hope so. We are all ready to have this done...
12-6-2019 Newshound Guru MilitiaMan Article: "Diyala clans stage demonstrations in support of the peaceful center of Baquba" The calm on the streets has a great feel today. The recent actions of the suspension of loans is powerful. All loans and many contracts have to deal with payments. Think about it. Every car loan, house loan, private loan, commercial and even industrial loans have to be adjusted accordingly when a rate is expected to change...So, when they say all banks are involved that means they are ready now. Banks are closed in Baghdad long time ago now. They have said they were having a Parliament session tonight in regard to the budget... So, I feel good that this one killer window! imo.
12-6-2019 Guest Intel Guru Angel1 ...my teams are on high alert...because of the speed of this thing. Because the speed in which this is happening.
12-6-2019 Newshound Guru Kaperoni ...I assure you, nothing good is coming as a result of the Iraqi protests. These protests in Iraq are nothing more than citizen frustration over a lack of progress the past 10 years. It's going to take more than protests to fix the problems in Iraq.The political class in Iraq is embedded in corruption. They will not give up without a fight. Disclosure of assets, income and prosecution of the crooked must happen to fix this mess.
12-5-2019 Newshound Guru MilitiaMan The consistency of the talk of loans, debt, payments, salaries, etc., cannot get lost on the timing of all these things that are converging. They clearly are in push mode to jump start the market economy by having an irregular session. This convergence should have everyone feeling real good about now! imo All banks are set and on board we understand to adjust payments (accounting), salaries, loans, debts, etc...
12-5-2019 Intel Guru Frank26 ...They're [the CBI] is talking like crazy...they came out and told...Iraq citizens we are not going to give out any more loans for a month...when you do an accounting move like that it's suspicious...this is because IMO there is a new rate coming...the logic that we're following here is not emotional...
12-5-2019 Intel Guru MarkZ [via PDK] There seems to be a lot of concern over 800 numbers. Will there be numbers…will there be no numbers? ....will it be a secure website?...Guys no matter what it is – we will have access to it. If they go to a secure website for our safety…that’s good...if it’s still 800 numbers…fine. Don’t let it panic you. If it is going to be a secure website and they send it out via email…imo that’s fantastic...it will get to you even faster. None of us will know until it happens so please don’t panic about it. Either way you will be able to schedule your exchange at HSBC, WF, Chase or whatever bank you decide to use.
12-5-2019 Guest Intel Guru Angel1 ...we are in an incredible window. Why? Why are my people so excited? Because the banks of Iraq are in unity. Guess who's leading them? The CBI...unity brings power...purchasing power. And that's what's gonna happen. The accounting adjustment that was made was absolutely powerful...every bank is onboard...it is time...America and the US Treasury are ready. Pence went and delivered the rider for the budget.
12-5-2019 Newshound Guru Breitling ...are you ready? Meaning, when you go to exchange your currency that's a taxable event. You're gonna get hit and you haven't even bought anything yet. You go buy a home, you're gonna get taxed again. That's a taxable event. You go buy a nice car, that's a taxable event. You go buy some nice property after you buy your home...that's a taxable event...That's what I'm worried about. I'm not worried about it revaluing. I never was worried about it revaluing...we know exactly what's going on based on geopolitical strategy and the cause and effect of what goes on in-between. It's a fantastic opportunity you and I have but you better be prepared tax wise... [NOTE: Speak to your tax professionals at the appropriate time.]
12-5-2019 Newshound Guru Adam Montana We are currently looking at some interesting Budget possibilities, pressure on pushing HCL forward, and more. All good stuff!
12-5-2019 Intel Guru Frank26 ...They're [the CBI] is talking like crazy...they came out and told...Iraq citizens we are not going to give out any more loans for a month...when you do an accounting move like that it's suspicious...this is because IMO there is a new rate coming...the logic that we're following here is not emotional...
12-5-2019 Intel Guru MarkZ [via PDK] There seems to be a lot of concern over 800 numbers. Will there be numbers…will there be no numbers? ....will it be a secure website?...Guys no matter what it is – we will have access to it. If they go to a secure website for our safety…that’s good...if it’s still 800 numbers…fine. Don’t let it panic you. If it is going to be a secure website and they send it out via email…imo that’s fantastic...it will get to you even faster. None of us will know until it happens so please don’t panic about it. Either way you will be able to schedule your exchange at HSBC, WF, Chase or whatever bank you decide to use.
12-5-2019 Guest Intel Guru Angel1 ...we are in an incredible window. Why? Why are my people so excited? Because the banks of Iraq are in unity. Guess who's leading them? The CBI...unity brings power...purchasing power. And that's what's gonna happen. The accounting adjustment that was made was absolutely powerful...every bank is onboard...it is time...America and the US Treasury are ready. Pence went and delivered the rider for the budget.
12-5-2019 Newshound Guru Breitling ...are you ready? Meaning, when you go to exchange your currency that's a taxable event. You're gonna get hit and you haven't even bought anything yet. You go buy a home, you're gonna get taxed again. That's a taxable event. You go buy a nice car, that's a taxable event. You go buy some nice property after you buy your home...that's a taxable event...That's what I'm worried about. I'm not worried about it revaluing. I never was worried about it revaluing...we know exactly what's going on based on geopolitical strategy and the cause and effect of what goes on in-between. It's a fantastic opportunity you and I have but you better be prepared tax wise... [NOTE: Speak to your tax professionals at the appropriate time.]
12-5-2019 Newshound Guru Adam Montana We are currently looking at some interesting Budget possibilities, pressure on pushing HCL forward, and more. All good stuff!
12-4-2019 Intel Guru Bruce [via WiserNow] ...We are really at a crossroads tonight with the information that we have had over the last 3-4 days...there are things called “event triggers”... these are releases...things that have to happen...we are down to just a couple of event triggers to go...that’s it...The theory is that once...these event triggers are complete...which we think will complete tonight [Tuesday]...then we should be golden and we should be ready for our notifications...Our particular notification that you and I are looking for is a toll free number...I just have a feeling that we’re going to be moving through here and going ahead and setting our appointments up fairly soon...I would say guys we are really at the finish line – I believe we are there...I’m going to say that everything is looking very very good...
12-4-2019 Newshound Guru Jeff Document "The Exchange Rate of Foreign Currency in Economic Feasibility Studies 12/4/2019". Quote: "3. Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities."
12-4-2019 Intel Guru MarkZ [via PDK] ...My Iraqi contacts are still expecting to see it happen at any moment…they feel that today started a window to see this all go. We heard a number of NDA’s signed again last weekend...the contacts I know at redemption centers are manned and ready...they are there…We are waiting for somebody to say “go”... I really think we will see this before Christmas...
12-4-2019 Newshound/Intel Guru Mnt Goat 2) Ending the corruption and curving the Iranian influence out of Iraqi politics. Since just about every high ranking govt official is involved in one way or another in corruption...They must do something and do it now with the pressures from the protestors. First get something to the protestors that is concrete and they can see the difference. ...You all should be VERY, VERY HAPPY at these current events and how this can lead to us finally getting our pot of gold at the end of the rainbow. Remember I said “there is always that pot of gold at the end of the rainbow only you can’t yet see the rainbow until the storm ends”. What did the Iraq news say to use recently? It said the “storm has ended” and so we are now just waiting for the rainbow to appear... [post 2 of 2]
12-4-2019 Newshound/Intel Guru Mnt Goat ...the news from Iraq is all about two things: 1) News from the CBI telling its member banks to stop all financing and loan contracts from Dec 1, 2019 to Jan 1, 2020...this is part of the revenue stream for banks so this is not an easy task to ask them to do for a month, unless it was important. So what does this mean? ...the CBI has wanted to complete the “project to delete the zeros” and then reinstate the Iraqi dinar and that the best timeframe is do this at the beginning of each fiscal accounting year. JANUARY is the beginning of their fiscal year...All attempts so far have been made during this period. So...once again we have a target of now up to early January 2020 to expect this project to delete the zeros to move ahead again and get a rate change in Iraq... [post 1 of 2....stay tuned]
12-4-2019 Newshound Guru Breitling If you look at it in chronological order of what we've been watching, it's such a beautiful thing! You should be very very happy. It's a reality. It's a huge huge pressure cooker for Iraq right now. So watch the conversations about the budgets. Watch what they're talking about...when is the exact date of when it's gonna happen? It doesn't matter...they can't depend on that $56 per barrel budget and whatever value they're gonna add to the currency. In other words they're gonna be forced to do it if they take too long...that's not my opinion. That's the language they're throwing out there...I couldn't be more excited...It's a great position to be in. It's fun to watch.
12-4-2019 Newshound Guru chattels I am in agreement with Kaperoni about the timing of any increase in the value of the IQD. [Reference Guru Kaperoni's post 12-3-2019] Completion of the banking reform project in Iraq is highly unlikely given the lack of security and instability of Iraq. I am always most hopeful in the first quarter of the year, but...The Iraqi political regime is "on life support", IMO. Assaults from without and corruption from within.
12-4-2019 Newshound Guru Jeff Document "The Exchange Rate of Foreign Currency in Economic Feasibility Studies 12/4/2019". Quote: "3. Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities."
12-4-2019 Intel Guru MarkZ [via PDK] ...My Iraqi contacts are still expecting to see it happen at any moment…they feel that today started a window to see this all go. We heard a number of NDA’s signed again last weekend...the contacts I know at redemption centers are manned and ready...they are there…We are waiting for somebody to say “go”... I really think we will see this before Christmas...
12-4-2019 Newshound/Intel Guru Mnt Goat 2) Ending the corruption and curving the Iranian influence out of Iraqi politics. Since just about every high ranking govt official is involved in one way or another in corruption...They must do something and do it now with the pressures from the protestors. First get something to the protestors that is concrete and they can see the difference. ...You all should be VERY, VERY HAPPY at these current events and how this can lead to us finally getting our pot of gold at the end of the rainbow. Remember I said “there is always that pot of gold at the end of the rainbow only you can’t yet see the rainbow until the storm ends”. What did the Iraq news say to use recently? It said the “storm has ended” and so we are now just waiting for the rainbow to appear... [post 2 of 2]
12-4-2019 Newshound/Intel Guru Mnt Goat ...the news from Iraq is all about two things: 1) News from the CBI telling its member banks to stop all financing and loan contracts from Dec 1, 2019 to Jan 1, 2020...this is part of the revenue stream for banks so this is not an easy task to ask them to do for a month, unless it was important. So what does this mean? ...the CBI has wanted to complete the “project to delete the zeros” and then reinstate the Iraqi dinar and that the best timeframe is do this at the beginning of each fiscal accounting year. JANUARY is the beginning of their fiscal year...All attempts so far have been made during this period. So...once again we have a target of now up to early January 2020 to expect this project to delete the zeros to move ahead again and get a rate change in Iraq... [post 1 of 2....stay tuned]
12-4-2019 Newshound Guru Breitling If you look at it in chronological order of what we've been watching, it's such a beautiful thing! You should be very very happy. It's a reality. It's a huge huge pressure cooker for Iraq right now. So watch the conversations about the budgets. Watch what they're talking about...when is the exact date of when it's gonna happen? It doesn't matter...they can't depend on that $56 per barrel budget and whatever value they're gonna add to the currency. In other words they're gonna be forced to do it if they take too long...that's not my opinion. That's the language they're throwing out there...I couldn't be more excited...It's a great position to be in. It's fun to watch.
12-4-2019 Newshound Guru chattels I am in agreement with Kaperoni about the timing of any increase in the value of the IQD. [Reference Guru Kaperoni's post 12-3-2019] Completion of the banking reform project in Iraq is highly unlikely given the lack of security and instability of Iraq. I am always most hopeful in the first quarter of the year, but...The Iraqi political regime is "on life support", IMO. Assaults from without and corruption from within.
12-3-2019 Intel Guru MarkZ [Is there a possibility that they can stop the process now...hackers?] I understand with the QFS- No…maybe short delays…but no stopping it.
12-3-2019 Newshound Guru Breitling ...If you look at it in chronological order of what we've been watching, it's such a beautiful thing! You should be very very happy. It's a reality. It's a huge huge pressure cooker for Iraq right now. So watch the conversations about the budgets. Watch what they're talking about...when is the exact date of when it's gonna happen? It doesn't matter...they can't depend on that $56 per barrel budget and whatever value they're gonna add to the currency. In other words they're gonna be forced to do it if they take too long...that's not my opinion. That's the language they're throwing out there...I couldn't be more excited...It's a great position to be in. It's fun to watch.
12-3-2019 Newshound Guru Jeff Article: "Next Year's budget...sent to the House of Representatives within days and its deficit up to 40 trillion dinar" ...budgets will never contain a rate. The budgets are calculated against the value of a currency but they don't contain a rate. With Iraq their budgets are always calculated with trillions of dinars at today's value. Once the rate changes the budget has an internal rider built in and the budget will automatically convert and be calculated from trillions of dinar to billions of dinar. Again, they do not contain a rate...
12-3-2019 Intel Guru Frank26 ...the CBI says no more loans for 1 month. From December 2nd to January 2nd...IMO no more loans because the rate of the Iraqi Dinar will soon change...IMO it also is an accounting move...what they don't want is anything else on their books before the end of the year...
12-3-2019 Intel Guru MarkZ A lot of my sources are expecting a daytime event today – they believe it will appear before Wed. morning Iraq time…some other sources had expected it overnight last night. We have lots of different sources, banking side, treasury side, military side, foreign government side...and they all have different approaches when it comes to trying to track this thing. Remember no one knows the exact time until it pops. All we can do is guess based on news we are hearing and seeing.
12-3-2019 Intel Guru Frank26 ...Ten articles from the CBI came out today. I told you they were going to talk. They were like parrots on steroids...the GOI is exploding in a manner that the citizens want and that would bring in the environment suitable for what the CBI is about to do...
12-3-2019 Newshound Guru Kaperoni So the protestors wanted PM Mahdi to resign...which he did, but the result will cause delays in reforms. New formation of GOI will take at least a few months, delays in passing laws also. The end result is a 6 month to 1 year delay in my opinion of implimenting economic reforms and creating a private sector. And as usual, parliament loves to have a distraction rather than focus on what they should be doing...which is passing laws...the facts don't lie. Until the laws are passed and stability exists nobody is coming to invest. And until they have significant investment, the CBI will not begin currency reform.
12-3-2019 Newshound Guru Breitling ...If you look at it in chronological order of what we've been watching, it's such a beautiful thing! You should be very very happy. It's a reality. It's a huge huge pressure cooker for Iraq right now. So watch the conversations about the budgets. Watch what they're talking about...when is the exact date of when it's gonna happen? It doesn't matter...they can't depend on that $56 per barrel budget and whatever value they're gonna add to the currency. In other words they're gonna be forced to do it if they take too long...that's not my opinion. That's the language they're throwing out there...I couldn't be more excited...It's a great position to be in. It's fun to watch.
12-3-2019 Newshound Guru Jeff Article: "Next Year's budget...sent to the House of Representatives within days and its deficit up to 40 trillion dinar" ...budgets will never contain a rate. The budgets are calculated against the value of a currency but they don't contain a rate. With Iraq their budgets are always calculated with trillions of dinars at today's value. Once the rate changes the budget has an internal rider built in and the budget will automatically convert and be calculated from trillions of dinar to billions of dinar. Again, they do not contain a rate...
12-3-2019 Intel Guru Frank26 ...the CBI says no more loans for 1 month. From December 2nd to January 2nd...IMO no more loans because the rate of the Iraqi Dinar will soon change...IMO it also is an accounting move...what they don't want is anything else on their books before the end of the year...
12-3-2019 Intel Guru MarkZ A lot of my sources are expecting a daytime event today – they believe it will appear before Wed. morning Iraq time…some other sources had expected it overnight last night. We have lots of different sources, banking side, treasury side, military side, foreign government side...and they all have different approaches when it comes to trying to track this thing. Remember no one knows the exact time until it pops. All we can do is guess based on news we are hearing and seeing.
12-3-2019 Intel Guru Frank26 ...Ten articles from the CBI came out today. I told you they were going to talk. They were like parrots on steroids...the GOI is exploding in a manner that the citizens want and that would bring in the environment suitable for what the CBI is about to do...
12-3-2019 Newshound Guru Kaperoni So the protestors wanted PM Mahdi to resign...which he did, but the result will cause delays in reforms. New formation of GOI will take at least a few months, delays in passing laws also. The end result is a 6 month to 1 year delay in my opinion of implimenting economic reforms and creating a private sector. And as usual, parliament loves to have a distraction rather than focus on what they should be doing...which is passing laws...the facts don't lie. Until the laws are passed and stability exists nobody is coming to invest. And until they have significant investment, the CBI will not begin currency reform.
12-2-2019 Intel Guru MarkZ [My understanding is the UN Security Council rotates the President and USA is up as of Wednesday. UN was the first to put sanctions on Iraq and is the only one left to release sanctions. I expect USA being President now is to release those final sanctions.] Study the history of fiat currencies...This is the longest stretch in recorded history that a fiat currency has gone without imploding. It will implode...we will go back to a gold/asset standard and we will have a revaluation.
12-2-2019 Newshound Guru MilitiaMan Article: "Al-Hadithi: The cabinet will send the budget law to parliament in the coming days" In essence imo this will expose the 2018-2019 (rider) that may have been or was used to keep the 2020 Budget under wraps to date... And this is all to happen within the coming days... So they say they need to do it quickly, as there is an existence of financial commitments that can not be stopped, thus, they merely suspended the financial commitments (loans/contracts) for the month ending 01/02/2020, as noted in the article... [Guru] Delta posted. - ..imo.. ~ If that is the case then, shut the front door Alice! lol ~imo~
12-2-2019 Intel Guru Frank26 Now your banks are telling you [Iraqi citizens] what the CBI has been telling the upper echelon of banks in Iraq what the CBI wants to do. Add value to the currency. Give you purchasing power. Show you all this modern technology. Introduce you to the new ATM machines they have inside the banks. Show you the new small category notes. Start educating you about the fils which are coming.
12-2-2019 Intel/Newshound Guru sandyf CBI and so many others have all but said the Dinar is going up in value, The "Dinar" is the monetary unit of Iraq, as opposed to the currency. A redenomination would increase the value of the "Dinar" and reduce the amount in circulation. I have referred in the past to 2 entities that I had dealings with that were outside the realm of dinarland. In the middle of last year both were shut down by the authorities. One was revealed to be a scam and legal proceedings were initiated. The other however was given a clean bill of health and came back to life. They are now making encouraging noises about something happening later in the month with the outcome being visible in the new year. People really should consider the possibility of 2 separate events rather than getting hung up on Iraq. The deletion of zeros is purely an Iraqi issue and could be a long time away.
12-2-2019 Intel Guru MarkZ [via PDK] I still absolutely believe we will see this well before Christmas. What I am hearing from my bankers is they worked part of the day on Saturday and were on call all weekend. What I have been told from a number of sources is that there is a computer system that controls the release…it knows when they will release it...it will be a random release...no human being knows this time. I believe we could be days or even minutes away from seeing this release. Iraq closed down all loans and currency sales...this should tell you a whole lot. My contacts in Iraq think the release is on Wed. It’s always been a “when” not an “if”. The best thing we can do today is make sure we are ready...have all our ducks in a row.
12-2-2019 Newshound/Intel Guru RVAlready Mahdi is gone now. The CBI should be able to do the RV. Then the new election law can be enacted, and the government replaced… I think this will happen quickly, for the protests demand it.
12-2-2019 Newshound Guru Jeff some of you might be concerned about the transitioning of the government...years ago the central bank laid out two things they needed to see...The security that was finished. The war. That was done in December of 2017. Second step was get rid of corruption officials. That already happened... IMO...they're ready to go on changing the rate. But they still need to achieve stability...they have to set the stage going forward for transparency and accountability. That's where the 2020 budget comes in...in my personal opinion the last step that I personally feel we're waiting on is just the 2020 budget...Even after Mahdi resigns they'll still have a caretaker government and the parliament will stay in place...
12-2-2019 Newshound Guru MilitiaMan Article: "Al-Hadithi: The cabinet will send the budget law to parliament in the coming days" In essence imo this will expose the 2018-2019 (rider) that may have been or was used to keep the 2020 Budget under wraps to date... And this is all to happen within the coming days... So they say they need to do it quickly, as there is an existence of financial commitments that can not be stopped, thus, they merely suspended the financial commitments (loans/contracts) for the month ending 01/02/2020, as noted in the article... [Guru] Delta posted. - ..imo.. ~ If that is the case then, shut the front door Alice! lol ~imo~
12-2-2019 Intel Guru Frank26 Now your banks are telling you [Iraqi citizens] what the CBI has been telling the upper echelon of banks in Iraq what the CBI wants to do. Add value to the currency. Give you purchasing power. Show you all this modern technology. Introduce you to the new ATM machines they have inside the banks. Show you the new small category notes. Start educating you about the fils which are coming.
12-2-2019 Intel/Newshound Guru sandyf CBI and so many others have all but said the Dinar is going up in value, The "Dinar" is the monetary unit of Iraq, as opposed to the currency. A redenomination would increase the value of the "Dinar" and reduce the amount in circulation. I have referred in the past to 2 entities that I had dealings with that were outside the realm of dinarland. In the middle of last year both were shut down by the authorities. One was revealed to be a scam and legal proceedings were initiated. The other however was given a clean bill of health and came back to life. They are now making encouraging noises about something happening later in the month with the outcome being visible in the new year. People really should consider the possibility of 2 separate events rather than getting hung up on Iraq. The deletion of zeros is purely an Iraqi issue and could be a long time away.
12-2-2019 Intel Guru MarkZ [via PDK] I still absolutely believe we will see this well before Christmas. What I am hearing from my bankers is they worked part of the day on Saturday and were on call all weekend. What I have been told from a number of sources is that there is a computer system that controls the release…it knows when they will release it...it will be a random release...no human being knows this time. I believe we could be days or even minutes away from seeing this release. Iraq closed down all loans and currency sales...this should tell you a whole lot. My contacts in Iraq think the release is on Wed. It’s always been a “when” not an “if”. The best thing we can do today is make sure we are ready...have all our ducks in a row.
12-2-2019 Newshound/Intel Guru RVAlready Mahdi is gone now. The CBI should be able to do the RV. Then the new election law can be enacted, and the government replaced… I think this will happen quickly, for the protests demand it.
12-2-2019 Newshound Guru Jeff some of you might be concerned about the transitioning of the government...years ago the central bank laid out two things they needed to see...The security that was finished. The war. That was done in December of 2017. Second step was get rid of corruption officials. That already happened... IMO...they're ready to go on changing the rate. But they still need to achieve stability...they have to set the stage going forward for transparency and accountability. That's where the 2020 budget comes in...in my personal opinion the last step that I personally feel we're waiting on is just the 2020 budget...Even after Mahdi resigns they'll still have a caretaker government and the parliament will stay in place...
12-1-2019 Newshound Guru MilitiaMan Quote: "The Iraqi Commercial Bank would like to draw the attention of its valued customers to the fact that the receipt of all credit transactions for loans will be suspended from 12/01/2019 until 01/02/2020" They did mention awhile ago about the need to modify contracts.. Wala... They are now telling us a window of that to occur... A rate change is coming... Modified contracts are in suspension while the rate gets taken care of. Wow! - IMO.
12-1-2019 Intel Guru Frank26 (firefly report) THERE IS A MASSIVE EXODUS OCCURRING AT THESE VERY SECONDS IN IRAQ !!!...Iran agents are fleeing...Thousands of citizens are in the streets celebrating...
12-1-2019 Intel Guru Frank26 …I even said…I think it was Tuesday, it’s a domino effect. What is going on with the monetary reform right now, the exchange rate, is effecting -boom- one thing - boom - that affects another thing, it affects another thing and that affects another thing. You can call it the domino effect….this is great! What happened today. Just as soon as he [Mahdi] said I hand in my resignation it was like oh boy!
12-1-2019 Newshound Guru Vital Brad …all the gurus, all of them right now they’re all saying it’s “done”. I’ve been in this so so long that it almost seems like every Thanksgiving it’s done so I always take it with a grain of salt but there’s so much happening right now. In the 10 years I’ve been in this it’s never been this active around Iraq and around the Middle East…the gurus and those guys they’re saying it could happen anytime…
12-1-2019 Newshound/Intel Guru Mnt Goat Some say the CBI is still moving ahead with the “project to delete the zeros”. I agree but right now at a snail’s pace. ...I am told by my CBI contact that nothing is going to happen until at least the new 2020 budget is opened. It contains the HCL money something the citizens are demanding...
12-1-2019 Intel Guru Frank26 (firefly report) THERE IS A MASSIVE EXODUS OCCURRING AT THESE VERY SECONDS IN IRAQ !!!...Iran agents are fleeing...Thousands of citizens are in the streets celebrating...
12-1-2019 Intel Guru Frank26 …I even said…I think it was Tuesday, it’s a domino effect. What is going on with the monetary reform right now, the exchange rate, is effecting -boom- one thing - boom - that affects another thing, it affects another thing and that affects another thing. You can call it the domino effect….this is great! What happened today. Just as soon as he [Mahdi] said I hand in my resignation it was like oh boy!
12-1-2019 Newshound Guru Vital Brad …all the gurus, all of them right now they’re all saying it’s “done”. I’ve been in this so so long that it almost seems like every Thanksgiving it’s done so I always take it with a grain of salt but there’s so much happening right now. In the 10 years I’ve been in this it’s never been this active around Iraq and around the Middle East…the gurus and those guys they’re saying it could happen anytime…
12-1-2019 Newshound/Intel Guru Mnt Goat Some say the CBI is still moving ahead with the “project to delete the zeros”. I agree but right now at a snail’s pace. ...I am told by my CBI contact that nothing is going to happen until at least the new 2020 budget is opened. It contains the HCL money something the citizens are demanding...
11-30-2019 Newshound Guru Kaperoni Unfortunately, removing corruption and Iranian influenced government officials is a good thing, it's also slowed down reforms and economic progress.
11-30-2019 Intel Guru Frank26 …the citizens of Iraq when they found out this morning what was going on [Mahdi resigning] they flooded the streets…but this time it was everybody, men, women, children, dogs, cats, birds and camels. Everybody… they were recognizing the United States of America…the people are going crazy because they now have everything they dreamed of…this is a Ta-da moment for me and my teams. I mean we’re looking at 7 events that we have been talking about with our files study giving our opinions on it that today on this day the 29th it all came to fruition.
11-30-2019 Newshound Guru chattels Article: "Continued stability of dollar prices on the stock exchange struggle and domestic markets" ...So, it appears that there may be more than two other separate indices for the exchange rate in Iraq. Bank and Stock Exchange in addition to the auction. Some part of which may not be in compliance with the IMF guidelines. [Note: You can always see the latest official CBI reported market rate on the left side of this page.]
11-30-2019 Intel Guru Frank26 …In my opinion the CBI will be coming out and talking probably tomorrow. Because IMO they’re [CBI and the new Finance Committee] talking right now tonight.
11-30-2019 Newshound Guru Jeff …they will never give you enough information in the media for you to actually calculate a rate...they’re actually gonna mislead you and discourage you…
11-30-2019 Intel Guru Frank26 …the citizens of Iraq when they found out this morning what was going on [Mahdi resigning] they flooded the streets…but this time it was everybody, men, women, children, dogs, cats, birds and camels. Everybody… they were recognizing the United States of America…the people are going crazy because they now have everything they dreamed of…this is a Ta-da moment for me and my teams. I mean we’re looking at 7 events that we have been talking about with our files study giving our opinions on it that today on this day the 29th it all came to fruition.
11-30-2019 Newshound Guru chattels Article: "Continued stability of dollar prices on the stock exchange struggle and domestic markets" ...So, it appears that there may be more than two other separate indices for the exchange rate in Iraq. Bank and Stock Exchange in addition to the auction. Some part of which may not be in compliance with the IMF guidelines. [Note: You can always see the latest official CBI reported market rate on the left side of this page.]
11-30-2019 Intel Guru Frank26 …In my opinion the CBI will be coming out and talking probably tomorrow. Because IMO they’re [CBI and the new Finance Committee] talking right now tonight.
11-30-2019 Newshound Guru Jeff …they will never give you enough information in the media for you to actually calculate a rate...they’re actually gonna mislead you and discourage you…
11-29-2019 *** Dinar Guru Breaking News *** Multiple news outlets (including CNN) are reporting Prime Minister Mahdi announced his intention to resign his position. It's unclear when he will officially step down or who will replace him. Stay tuned as more light is shed on the subject and the guru chime in on his resignation on the dinar RV/rate change. The latest Guru Posts will continue below...
11-29-2019 Intel Guru MarkZ [via PDK] [MAHDI HAS RESIGNED...it's been released on the news channels that Mahdi has agreed to step down...] This is positive and big news… I was told to look for him to resign just before the reset.
11-29-2019 Guest Guru Mike Cottrell [via PDK] I think we are pretty close….There is an actual date that’s been set based on activities in the last 2 weeks. And it makes sense they are getting ready for that.
11-29-2019 Newshound Guru Jeff Mahdi resigning…I’m not too concerned about that. I’m of the opinion that that won’t have any bearing on the timing of the rate change…
11-29-2019 Newshound Guru Kirk H. Sowell What strikes me about this is that AAM is very specific that he will submit his resignation due to Sistani saying "parliament should review its options" on the government. AAM submitting his resignation simply signals his acceptance of this demand by religious authority...So I see 3 options, from most to least likely: 1) AAM submits his resignation to parl't tomorrow or Sunday, whenever it next meets, and parl't puts it on hold until the political class can decide what it wants to do, & vote no confidence in a few weeks or months. 2) Parliament votes no confidence immediately. If so, then President Salih has 30 days to pick a new prime minister-designate and AAM stays on as caretaker PM for that month. 3) Parliament accepts AAM's resignation, the PM's office becomes vacant, and President Salih becomes PM according to the constitution. I see almost no chance of this. It will be option 1) or 2). Again I stress that journalists should avoid saying something like, "Iraq's PM has resigned." ...Abd al-Mahdi can submit his resignation tomorrow & still be in office on New Year's & beyond.
11-29-2019 Newshound Guru Bloodloch Prime Minister Mahdi Resigns...Other related resignations happening and the Iraqi people are celebrating in the streets per various articles...
11-29-2019 Newshound Guru Adam Montana ...Want something else to smile about? How about this...HCL incoming! "Parliamentary source: Baghdad and the region sign next Sunday an agreement on the 2020 budget" ...the writing is on the wall!
11-29-2019 Intel Guru MarkZ [via PDK] ...sources are receiving all kinds of notices overnight and are ramped up and in position...So we are hearing great things on this side for the possibility of a today release. I talked to a couple of Redemption Center folks today and they are prepared for a long weekend…so we should know something today I would guess...rumors of 800 numbers today... [MARK, do any of your "Direct Contacts" have any SAY or Authority in the Release?] ...Actually 2 of them…one has direct effect and one does have power of ‘say”... I have heard there is a set date…i just do not know what that date is. I have heard this is a juggernaut and cannot be stopped now.
11-29-2019 Newshound Guru Jeff …notice how Pence was just in Iraq and I’ve been telling you this whole time that the Trump administration is in charge of this…that’s just more confirmation that he’s gonna use this to his time benefit for the elections.
11-29-2019 Newshound/Intel Guru Mnt Goat Here is how it is going to work: 1) The CBI must raise the rate of the dinar in-country to around $1.00 probably more like around 83 cents. 2) Then just before or around the same time the smaller of the smaller category notes must be launched and dispensed. We know these notes are now poised and ready to be dispensed at the banks. 3)The currency auctions will change. They many never end altogether but will no longer be mandated for providing US dollars for trade with the outside world. Instead the dinar itself will be used. 4) Shortly afterwards the dinar will then be “reinstated” on the global currency markets and traded. But first a short waiting period to check for inflation with the new currency and rate. I am told this may take up to 3 days, 3 weeks or 3 months. I do not believe it will take 3 months. But first the US and Sadr must work their magic to get the political will and consensus to do this move of the currency reform.
11-29-2019 Guest Guru Mike Cottrell [via PDK] I think we are pretty close….There is an actual date that’s been set based on activities in the last 2 weeks. And it makes sense they are getting ready for that.
11-29-2019 Newshound Guru Jeff Mahdi resigning…I’m not too concerned about that. I’m of the opinion that that won’t have any bearing on the timing of the rate change…
11-29-2019 Newshound Guru Kirk H. Sowell What strikes me about this is that AAM is very specific that he will submit his resignation due to Sistani saying "parliament should review its options" on the government. AAM submitting his resignation simply signals his acceptance of this demand by religious authority...So I see 3 options, from most to least likely: 1) AAM submits his resignation to parl't tomorrow or Sunday, whenever it next meets, and parl't puts it on hold until the political class can decide what it wants to do, & vote no confidence in a few weeks or months. 2) Parliament votes no confidence immediately. If so, then President Salih has 30 days to pick a new prime minister-designate and AAM stays on as caretaker PM for that month. 3) Parliament accepts AAM's resignation, the PM's office becomes vacant, and President Salih becomes PM according to the constitution. I see almost no chance of this. It will be option 1) or 2). Again I stress that journalists should avoid saying something like, "Iraq's PM has resigned." ...Abd al-Mahdi can submit his resignation tomorrow & still be in office on New Year's & beyond.
11-29-2019 Newshound Guru Bloodloch Prime Minister Mahdi Resigns...Other related resignations happening and the Iraqi people are celebrating in the streets per various articles...
11-29-2019 Newshound Guru Adam Montana ...Want something else to smile about? How about this...HCL incoming! "Parliamentary source: Baghdad and the region sign next Sunday an agreement on the 2020 budget" ...the writing is on the wall!
11-29-2019 Intel Guru MarkZ [via PDK] ...sources are receiving all kinds of notices overnight and are ramped up and in position...So we are hearing great things on this side for the possibility of a today release. I talked to a couple of Redemption Center folks today and they are prepared for a long weekend…so we should know something today I would guess...rumors of 800 numbers today... [MARK, do any of your "Direct Contacts" have any SAY or Authority in the Release?] ...Actually 2 of them…one has direct effect and one does have power of ‘say”... I have heard there is a set date…i just do not know what that date is. I have heard this is a juggernaut and cannot be stopped now.
11-29-2019 Newshound Guru Jeff …notice how Pence was just in Iraq and I’ve been telling you this whole time that the Trump administration is in charge of this…that’s just more confirmation that he’s gonna use this to his time benefit for the elections.
11-29-2019 Newshound/Intel Guru Mnt Goat Here is how it is going to work: 1) The CBI must raise the rate of the dinar in-country to around $1.00 probably more like around 83 cents. 2) Then just before or around the same time the smaller of the smaller category notes must be launched and dispensed. We know these notes are now poised and ready to be dispensed at the banks. 3)The currency auctions will change. They many never end altogether but will no longer be mandated for providing US dollars for trade with the outside world. Instead the dinar itself will be used. 4) Shortly afterwards the dinar will then be “reinstated” on the global currency markets and traded. But first a short waiting period to check for inflation with the new currency and rate. I am told this may take up to 3 days, 3 weeks or 3 months. I do not believe it will take 3 months. But first the US and Sadr must work their magic to get the political will and consensus to do this move of the currency reform.
11-28-2019 Intel Guru Frank26 & Guest Guru Angel1 …pay attention to the Erbil Stock Exchange. We believe IMO they will make an announcement pretty soon that they will go live internationally very soon…the CEO of the ISX came out this morning…he released a disclaimer. He said the Iraqi Stock Exchange has no relationship with any Iraqi or foreign website that publishes news, listen to this, or PICTURES related to investment or trading currencies or stocks in the International financial markets. Taha Abdul Salam is furious because there are organizations that are trying to steal his thunder…he was pretty pissed off when he found out that there were picture going around leaking what he was supposed to say…
11-28-2019 Newshound Guru Jeff …per the facts everything they’re showing you is pointing to Q1…everything they’re showing you most likely means they have to have this budget ready to implement in Q2. Again that’s implementation of the budget…I didn’t say rate change. The rate change has to happen before that and that’s where Q1 comes in…
11-28-2019 Newshound Guru Adam Montana It doesn't have to be complicated! And that right there covers pretty much everything...There was also a comment recently by one of the gurus about the new notes being introduced after the rate is changed...I happen to agree with this one. There is no reason to introduce new notes without a rate change. Introducing them before a rate change wouldn't make sense. And the fact that there are new notes for us to talk about is a huge indication that there is a rate change in progress or planned. [post 3 of 3]
11-28-2019 Newshound Guru Adam Montana When they change the rate, there are a few ways they can do it. In any of these cases, a one paragraph amendment to the budget will keep things correct. For example, the exchange rate is currently 1190:1 (IQD:USD). If they move the exchange rate closer to $1, they might move the decimal 3 places to the left making 1.19 IQD = $1 USD. Adjusting the budget is mind blowingly simple - a one paragraph amendment reads as follows: Due to the sudden difference in exchange value as implemented by the Central Bank of Iraq on (December 4, 2019), all values in the Budget shall be adjusted 3 zeros to the left. In other words, an allocation of 1,000,000 Iraqi Dinar is now adjusted to 1,000 Iraqi Dinar. [post 2 of 3....stay tuned]
11-28-2019 Newshound Guru Adam Montana The "hot topics" on the subject seem to be budget, budget, and also...Budget. Included in the Budget is always some kind of reference to the rate of the Iraqi Dinar, and every year we have a variety of interpretations on how the Budget will work with a change in the value of the Dinar. To keep things extremely simple, we can just summarize - the "new rate" does not need to be in the Budget. The Budget doesn't have to take a rate change into account. The rate mentioned in the Budget doesn't mean a thing! The reason is very simple... [post 1 of 3...stay tuned]
11-28-2019 Newshound Guru chattels Articles: "Parliamentary finance likely to pass the 2020 budget if the final agreement between the governments of Baghdad and the region"; "Parliamentary source: Baghdad and the region sign next Sunday an agreement on the 2020 budget" Historically Kurds are always more hopeful about a budget agreement than Baghdad and or reality. We shall see.
11-28-2019 Newshound Guru Jeff …per the facts everything they’re showing you is pointing to Q1…everything they’re showing you most likely means they have to have this budget ready to implement in Q2. Again that’s implementation of the budget…I didn’t say rate change. The rate change has to happen before that and that’s where Q1 comes in…
11-28-2019 Newshound Guru Adam Montana It doesn't have to be complicated! And that right there covers pretty much everything...There was also a comment recently by one of the gurus about the new notes being introduced after the rate is changed...I happen to agree with this one. There is no reason to introduce new notes without a rate change. Introducing them before a rate change wouldn't make sense. And the fact that there are new notes for us to talk about is a huge indication that there is a rate change in progress or planned. [post 3 of 3]
11-28-2019 Newshound Guru Adam Montana When they change the rate, there are a few ways they can do it. In any of these cases, a one paragraph amendment to the budget will keep things correct. For example, the exchange rate is currently 1190:1 (IQD:USD). If they move the exchange rate closer to $1, they might move the decimal 3 places to the left making 1.19 IQD = $1 USD. Adjusting the budget is mind blowingly simple - a one paragraph amendment reads as follows: Due to the sudden difference in exchange value as implemented by the Central Bank of Iraq on (December 4, 2019), all values in the Budget shall be adjusted 3 zeros to the left. In other words, an allocation of 1,000,000 Iraqi Dinar is now adjusted to 1,000 Iraqi Dinar. [post 2 of 3....stay tuned]
11-28-2019 Newshound Guru Adam Montana The "hot topics" on the subject seem to be budget, budget, and also...Budget. Included in the Budget is always some kind of reference to the rate of the Iraqi Dinar, and every year we have a variety of interpretations on how the Budget will work with a change in the value of the Dinar. To keep things extremely simple, we can just summarize - the "new rate" does not need to be in the Budget. The Budget doesn't have to take a rate change into account. The rate mentioned in the Budget doesn't mean a thing! The reason is very simple... [post 1 of 3...stay tuned]
11-28-2019 Newshound Guru chattels Articles: "Parliamentary finance likely to pass the 2020 budget if the final agreement between the governments of Baghdad and the region"; "Parliamentary source: Baghdad and the region sign next Sunday an agreement on the 2020 budget" Historically Kurds are always more hopeful about a budget agreement than Baghdad and or reality. We shall see.
11-27-2019 Newshound/Intel Guru Mnt Goat It’s 2019 and the dinar is still NOT freely traded by banks outside IRAQ...and still no RV. Is it time for this to happen. ...I feel these demonstrations may be the key to forcing this change finally to happen. It is not a matter of having the value to support $1.00 or even $3.00. It is instead a matter of ending the corruption and getting the political will to just do it.
11-27-2019 Intel Guru Bruce [via WiserNow] I’m hearing this could be an excellent/happy Thanksgiving for us ...we are in a window right now...What I’ve got is from 9 PM tonight (Tues night) ...all the way to Friday morning 9 AM...Now that means we could be notified anytime within that window and get started...we heard it from several sources that were unrelated – at least 3 or 4 sources that were getting that information...Now, we have information from Redemption Centers that says that they are ready for long days 22 hour days, starting Friday, Saturday and maybe a little less like 18 on Sunday – Is it possible that we receive a toll free number on Thanksgiving day and set appointments for the next day, Friday, which is Black Friday – I think it’s not only possible but maybe probable...I think we are still very strong for the next few days – very strong.
11-27-2019 Intel Guru MarkZ I am hearing...that there is a hard time to release it now...I am hearing today from my Redemption center contacts that they are not working tomorrow but expect to work long hours over the weekend. So my gut feeling...they may release the 800 numbers tomorrow for banking on Friday. So based on all of this from many sources I do not expect any thing to happen today. [Do you believe in this story of a hard set time after all the delays and excuses?] Yes I do believe this one...if anything happens…even if it’s on Thanksgiving I will...let you know...
11-27-2019 Newshound Guru Jeff …they have to approve the budget first. Then they can do the rate change. Then they can implement the demonstrators demands. It’s that simple. That’s where you guys stand. That’s what all the facts are currently telling us…all of my thoughts and opinions have been confirmed 100% factually within the news. We look amazing. Yes more time is needed. And yes we do have to wait this out till that budget’s approved so this thing is definitely going into Q1 at this point…
11-27-2019 Intel Guru Frank26 ...The plan is not to go into 2020…the 2020 budget IMO was stress tested in many scenarios under multiple rates…so what did the CBI and the fab 4 decide on as the 2020 rate? It’s unknown to me. But the important thing I’m trying to teach you is that IMO there have been 5 test budgets and they were run successfully to make the 2020 budget successful for the citizens demands…
11-27-2019 Newshound/Intel Guru Mnt Goat We now approach January again. Is Iraq going to be ready? We know that the demonstrators want the HCL payments promised them. Remember this was delayed from September 2018 until January 2019 and then the RV did not happen and so no HCL payments happened...Some say the CBI is still moving ahead with the “project to delete the zeros”. I agree but right now at a snail’s pace. They are waiting for the demonstrators to settle down. Even then I am told by my CBI contact that nothing is going to happen until at least the new 2020 budget is opened. It contains the HCL money something the citizens are demanding...
11-27-2019 Intel Guru Bruce [via WiserNow] I’m hearing this could be an excellent/happy Thanksgiving for us ...we are in a window right now...What I’ve got is from 9 PM tonight (Tues night) ...all the way to Friday morning 9 AM...Now that means we could be notified anytime within that window and get started...we heard it from several sources that were unrelated – at least 3 or 4 sources that were getting that information...Now, we have information from Redemption Centers that says that they are ready for long days 22 hour days, starting Friday, Saturday and maybe a little less like 18 on Sunday – Is it possible that we receive a toll free number on Thanksgiving day and set appointments for the next day, Friday, which is Black Friday – I think it’s not only possible but maybe probable...I think we are still very strong for the next few days – very strong.
11-27-2019 Intel Guru MarkZ I am hearing...that there is a hard time to release it now...I am hearing today from my Redemption center contacts that they are not working tomorrow but expect to work long hours over the weekend. So my gut feeling...they may release the 800 numbers tomorrow for banking on Friday. So based on all of this from many sources I do not expect any thing to happen today. [Do you believe in this story of a hard set time after all the delays and excuses?] Yes I do believe this one...if anything happens…even if it’s on Thanksgiving I will...let you know...
11-27-2019 Newshound Guru Jeff …they have to approve the budget first. Then they can do the rate change. Then they can implement the demonstrators demands. It’s that simple. That’s where you guys stand. That’s what all the facts are currently telling us…all of my thoughts and opinions have been confirmed 100% factually within the news. We look amazing. Yes more time is needed. And yes we do have to wait this out till that budget’s approved so this thing is definitely going into Q1 at this point…
11-27-2019 Intel Guru Frank26 ...The plan is not to go into 2020…the 2020 budget IMO was stress tested in many scenarios under multiple rates…so what did the CBI and the fab 4 decide on as the 2020 rate? It’s unknown to me. But the important thing I’m trying to teach you is that IMO there have been 5 test budgets and they were run successfully to make the 2020 budget successful for the citizens demands…
11-27-2019 Newshound/Intel Guru Mnt Goat We now approach January again. Is Iraq going to be ready? We know that the demonstrators want the HCL payments promised them. Remember this was delayed from September 2018 until January 2019 and then the RV did not happen and so no HCL payments happened...Some say the CBI is still moving ahead with the “project to delete the zeros”. I agree but right now at a snail’s pace. They are waiting for the demonstrators to settle down. Even then I am told by my CBI contact that nothing is going to happen until at least the new 2020 budget is opened. It contains the HCL money something the citizens are demanding...
11-26-2019 Newshound Guru chattels Article: "Behind the scenes of Pence's Iraq visit" Quote: "Many are wondering why Pence skipped a visit to Baghdad’s top three officials [prime minister, speaker of parliament and president], instead flying straight to Erbil to meet Nechirvan Barzani, President of the Kurdistan Region. A White House official provided a diplomatic answer and said that the US Vice President could not greet Iraqi government officials due to a violent crackdown on protesters across Iraq’s south. Instead, this visit was more related to Trump and his administration’s changes and reviews to their policy in Iraq and Syria, including the role Kurds want to play in both countries."
11-26-2019 Intel Guru MarkZ [via PDK] I spent a lot of time talking to folks last night but there was very little news. Redemption Center folks are there today...they expect to work all weekend but will not be working on Thursday. [Any news from Iraq source?] No…Iraq went quiet yesterday evening. I am hearing there was a Bank issue getting it out the door last night but that they are still working to get it done today.
11-26-2019 Newshound Guru Jeff Article “Parliamentary Finance: The 2020 budget will differ significantly from previous years”. Quote “the House of Representative and the Council of Ministers have given a lot of promises to the demonstrators to INTENSIFY PROJECTS DURING THE NEXT PHASE...” This is what I’ve been telling you since the end of September. The 2020 budget has everything in it that’s all post rate change. Article 140, HCL, the reforms, the reconstruction, the taxes, the tariffs…Remember the whole budget is encompassed around transparency to reduce and minimize corruption going forward. That’s the main reason why we’re waiting on this 2020 budget. “Intensify projects during the next phase” is a specific phrase that I’ve showed you all through this entire year and that phase means the period after the rate change…this article is freaking huge…The budget has to be done first then the rate can change then they can implement everything.
11-26-2019 Intel Guru Frank26 …the government came out and told the citizens ‘all the things you want it’s going to take a little time. But I want to let you know everything you want we put it in the budget for 2020. We included HCL. We included article 140. We’ve got everything in there. It’s all set for the year 2020.’ They were telling them February but the rate would have to be changed before that. I like that they actually came out and told the citizens everything you want we got it…
11-26-2019 Newshound/Intel Guru Francis Albert One would simply not be paying attention not to see some extremely positive happenings every day. I am betting the farm significant up tick in the Dinar price before years end. I have no secret sources, just a good gut.
11-26-2019 Intel Guru Frank26 …of course there’s gonna be a capital gains. And of course you’re gonna pay taxes on it. I don’t know what the tax categories and brackets are right now that’s why you’re gonna get a team together and they’re going to teach you. You’re gonna get a CPA, a bookkeeper. I have an IRS agent as my CPA. I want the latest laws well interpreted so I don’t get fined and I don’t overpay…you better pay your taxes. If you don’t pay your taxes they’ll find you. And they’ll come after you…you do not play with Uncle Sam. Give it to him. Throw it at him. Do your part. [Note: At the appropriate time speak to your tax professional]
11-26-2019 Intel Guru MarkZ I hear that he [VP Pence] got a lot done while he was over there. He gave the kurds permission to sell oil directly without having to go through Bagdad…this is big news.
11-26-2019 Intel Guru MarkZ [via PDK] I spent a lot of time talking to folks last night but there was very little news. Redemption Center folks are there today...they expect to work all weekend but will not be working on Thursday. [Any news from Iraq source?] No…Iraq went quiet yesterday evening. I am hearing there was a Bank issue getting it out the door last night but that they are still working to get it done today.
11-26-2019 Newshound Guru Jeff Article “Parliamentary Finance: The 2020 budget will differ significantly from previous years”. Quote “the House of Representative and the Council of Ministers have given a lot of promises to the demonstrators to INTENSIFY PROJECTS DURING THE NEXT PHASE...” This is what I’ve been telling you since the end of September. The 2020 budget has everything in it that’s all post rate change. Article 140, HCL, the reforms, the reconstruction, the taxes, the tariffs…Remember the whole budget is encompassed around transparency to reduce and minimize corruption going forward. That’s the main reason why we’re waiting on this 2020 budget. “Intensify projects during the next phase” is a specific phrase that I’ve showed you all through this entire year and that phase means the period after the rate change…this article is freaking huge…The budget has to be done first then the rate can change then they can implement everything.
11-26-2019 Intel Guru Frank26 …the government came out and told the citizens ‘all the things you want it’s going to take a little time. But I want to let you know everything you want we put it in the budget for 2020. We included HCL. We included article 140. We’ve got everything in there. It’s all set for the year 2020.’ They were telling them February but the rate would have to be changed before that. I like that they actually came out and told the citizens everything you want we got it…
11-26-2019 Newshound/Intel Guru Francis Albert One would simply not be paying attention not to see some extremely positive happenings every day. I am betting the farm significant up tick in the Dinar price before years end. I have no secret sources, just a good gut.
11-26-2019 Intel Guru Frank26 …of course there’s gonna be a capital gains. And of course you’re gonna pay taxes on it. I don’t know what the tax categories and brackets are right now that’s why you’re gonna get a team together and they’re going to teach you. You’re gonna get a CPA, a bookkeeper. I have an IRS agent as my CPA. I want the latest laws well interpreted so I don’t get fined and I don’t overpay…you better pay your taxes. If you don’t pay your taxes they’ll find you. And they’ll come after you…you do not play with Uncle Sam. Give it to him. Throw it at him. Do your part. [Note: At the appropriate time speak to your tax professional]
11-26-2019 Intel Guru MarkZ I hear that he [VP Pence] got a lot done while he was over there. He gave the kurds permission to sell oil directly without having to go through Bagdad…this is big news.
11-25-2019 Newshound/Intel Gurus Delta & MilitiaMan Article quote: "Iraq: Following the joint World Bank – WTO Workshop on the Accession of Iraq, which took place in Beirut on 25-26 July, the Secretariat, the World Bank and the Government of Iraq are working towards organizing a High-Level Conference on the WTO Accession of Iraq, in Baghdad, at the end of November. The conference is intended to facilitate the formal reactivation of the accession process..." Another fine tuned and well timed announcement.. They are to facilitate the formal reactivation.. They mean business is coming to town!! November is coming to a close.. imo.
11-25-2019 Intel Guru MarkZ The 3 redemption centers that I have contacts in are staffed today...they were not staffed over the weekend. [Will there be redemption centers at military bases?] I hear there will be…many investors are in the military…
11-25-2019 Intel Guru Frank26 …the budget needs the new rate. The new rate does not need the budget…
11-25-2019 Intel Guru MarkZ [Is this the day before the big event?] That’s what I am still hearing...It looks like the crosshairs are fixed on tomorrow...many, many appointments are scheduled for Tuesday. Contacts in Iraq are also expecting a “Tuesday Event”…they are looking at a 10-11 AM release...contacts in Zurich and Europe were also told to watch for Tuesday…If they keep to this schedule for appointments to be liquid tomorrow, I would expect 800 numbers to be out today or overnight at the latest...
11-25-2019 Newshound Guru MilitiaMan The salaries are part of those rights and entitlements. The value is for this year in the 2019 Budget... So we watch and see if they get paid in nscn's or not this week. IMO, they will and it appears they will know more tomorrow...Btw, by paying them in NSCNs they reduce the note count. That my friends is increasing value, just like the CBI has always said they will. It is not a lop!! ~ NEVER WAS AND NEVER WILL BE!! ~ imo. [post 2 of 2]
11-25-2019 Newshound Guru MilitiaMan Remember rate precedes new notes. That rate is imo in the 2019 Federal Budget for the 2020 Federal Budget... They have held the 2019 budget very tight thus far this year, and for good reason all this time now. Well, with Pence arriving unannounced shows that he had more on his mind than Turkey Dinner. In fact, it is more likely to be about large money and contracts that will benefit many and in short order. The Kurds were not to meet in Baghdad until or by the middle of next week. Well tomorrow is not the middle of next week. The green light was given for BOTH SIDES in regard to financial rights and entitlements! [post 1 of 2....stay tuned]
11-25-2019 Intel Guru Frank26 [I believe we had considered waiting approx 72 days before exchanging the bulk of our dinar, thinking it might go up a bit more within this time. IYO, is this still the case, after the initial RI.] Based on new calculations...IMO I think it will happen faster than that…and the old rate of $3.86 will be higher now if we are adding in inflation to make it about $4+ …you will need to make your own decision of when to hold them and when to fold them.
11-25-2019 Newshound Guru Adam Montana When the RV is announced, and it will be announced at some point, I have always felt like it would take the world by surprise. They aren't going to give a "heads up", they aren't going to do anything to attract currency speculators. It's going to happen suddenly...I doubt "this week" is when we will see the RV announced, but that may be exactly why it IS announced this week!...
11-25-2019 Intel Guru MarkZ The 3 redemption centers that I have contacts in are staffed today...they were not staffed over the weekend. [Will there be redemption centers at military bases?] I hear there will be…many investors are in the military…
11-25-2019 Intel Guru Frank26 …the budget needs the new rate. The new rate does not need the budget…
11-25-2019 Intel Guru MarkZ [Is this the day before the big event?] That’s what I am still hearing...It looks like the crosshairs are fixed on tomorrow...many, many appointments are scheduled for Tuesday. Contacts in Iraq are also expecting a “Tuesday Event”…they are looking at a 10-11 AM release...contacts in Zurich and Europe were also told to watch for Tuesday…If they keep to this schedule for appointments to be liquid tomorrow, I would expect 800 numbers to be out today or overnight at the latest...
11-25-2019 Newshound Guru MilitiaMan The salaries are part of those rights and entitlements. The value is for this year in the 2019 Budget... So we watch and see if they get paid in nscn's or not this week. IMO, they will and it appears they will know more tomorrow...Btw, by paying them in NSCNs they reduce the note count. That my friends is increasing value, just like the CBI has always said they will. It is not a lop!! ~ NEVER WAS AND NEVER WILL BE!! ~ imo. [post 2 of 2]
11-25-2019 Newshound Guru MilitiaMan Remember rate precedes new notes. That rate is imo in the 2019 Federal Budget for the 2020 Federal Budget... They have held the 2019 budget very tight thus far this year, and for good reason all this time now. Well, with Pence arriving unannounced shows that he had more on his mind than Turkey Dinner. In fact, it is more likely to be about large money and contracts that will benefit many and in short order. The Kurds were not to meet in Baghdad until or by the middle of next week. Well tomorrow is not the middle of next week. The green light was given for BOTH SIDES in regard to financial rights and entitlements! [post 1 of 2....stay tuned]
11-25-2019 Intel Guru Frank26 [I believe we had considered waiting approx 72 days before exchanging the bulk of our dinar, thinking it might go up a bit more within this time. IYO, is this still the case, after the initial RI.] Based on new calculations...IMO I think it will happen faster than that…and the old rate of $3.86 will be higher now if we are adding in inflation to make it about $4+ …you will need to make your own decision of when to hold them and when to fold them.
11-25-2019 Newshound Guru Adam Montana When the RV is announced, and it will be announced at some point, I have always felt like it would take the world by surprise. They aren't going to give a "heads up", they aren't going to do anything to attract currency speculators. It's going to happen suddenly...I doubt "this week" is when we will see the RV announced, but that may be exactly why it IS announced this week!...
11-24-2019 Newshound Guru MilitiaMan Pence has ushered in what appears to be the foundation for the final agreement set for tomorrow in Baghdad. Keep in mind the salaries that will need to be paid. We know they NSCN's (lower denoms) will need a rate prior to using them. They are said to be populated throughout Iraq now, as told by Alak that funds have moved in armored trucks in the very recent past. The 28th is the last payday of the month. It makes more sense to to me to pay them in a new rate with nscn's, than again paying them with a program rate. [post 2 of 2]
11-24-2019 Newshound Guru MilitiaMan Article: "Pence gave the green light to the Kurds on the sale of oil without involving Baghdad" I don't believe this is an aside for not paying the 250,000 barrels a day to Baghdad. In fact it is above and beyond that amount that could be sold. This bodes very well for the Kurds and us as investors, as it will seal the agreement for the implementation of the 2019 Federal Budget Law that will usher in the 2020 Budget cycle to come (imo) that has the Kurdistan's Regional share of it inside. [post 1 of 2....stay tuned]
11-24-2019 Intel Guru Frank26 Are there particular banks that will exchange dinar once the rate is changed? …In our opinion the CBI has reached out internationally to private banks around the world to have an international relationship with them for the exchange process. IMO also the Central Bank of Iraq will have CBI banks in the United States of America where you can go in and exchange your currency and keep it as dinars. That would be fantastic if it is true. I think it is. Because that will help us in the process of ‘when to hold them and when to fold them…’
11-24-2019 Newshound Guru Adam Montana The players and groups that have an interest in keeping the exchange rate as it is are not a huge group. The "bad" part of the Government of Iraq isn't the majority...And it appears that change is happening now. Since early October, there have been serious protests in Iraq, and the pressure has resulted in Iraq moving towards some changes that (in hindsight) have been necessary this whole time. A few of the "bad guys" aren't going to be happy, and they will put up some resistance still, but they will fall to the side and Iraq's currency will not stay in the "XXXX:1" range. The question has always been "when", not "if". Over the recent years, Iraq has been at a tipping point. SO CLOSE, all the time! In hindsight, what was needed is obvious. And it's happening right now. [post 4 of 4]
11-24-2019 Newshound Guru Adam Montana Political players and parties have been able to manipulate the status quo, and profit from it. I would say it's fair to write down as fact that there are players in this situation that have worked specifically against the RV... because they were making money on the system as it was, and why would they change that?! Although tremendous ground has been covered in Iraq's journey back to prosperity, there have been people and groups that had a vested interest in seeing Iraq maintain the status quo (no RV), and keep the people impoverished. Hope is not lost, though. Far from it, in fact! [post 3 of 4....stay tuned]
11-24-2019 Newshound Guru Adam Montana Then the country began to rebuild, ...and eventually the world recognized their progress with the official lifting of Chapter 7 sanctions. More progress has been made, hurdles have been cleared, and Iraq is nowhere near what it was in 2003. All along the path of this rebuilding, we've been watching and waiting for a major change. Not that the change from 4000:1 to the current 1190:1 isn't a "major change"...but it's not the "major" change they are capable of. It's not "the" change we are waiting for. It's not the change that we know is coming. As we look back on the last decade plus, with the benefit of hindsight, it's easy to see how and why they haven't RV'd yet. It's quite simple, really: [post 2 of 4...stay tuned]
11-24-2019 Newshound Guru Adam Montana I made a mention this week about Iraq being in a good place - my optimism continues. Every week, I read thousands of posts...This last week, I read one that hit me right in the chest... Quote: "... in hindsight, it makes perfect sense that we didn't have an RV before the people forcefully demanded change." ...I can't help but think how true it is. And how obvious! Iraq has made tons of progress. They were thrown into a dark hole when Saddam Hussein was removed. Their currency plummeted from a high value down to a lowly scrap... [post 1 of 4....stay tuned]
11-24-2019 Newshound/Intel Guru Francis Albert If I was on a game show, and had to, "had to" give an answer, I would say .86 open on Forex. Well, I would not cash at that, as I believe it would move from there somewhat bullishly. (is that a word?)
11-24-2019 Intel Guru Frank26 Trump sent Pence to Iraq today... You will find out soon who else he sent...I don’t believe there are coincidences... I believe timing is everything and there is a “time” scheduled” for them to do this.
11-24-2019 Newshound Guru MilitiaMan Article: "Pence gave the green light to the Kurds on the sale of oil without involving Baghdad" I don't believe this is an aside for not paying the 250,000 barrels a day to Baghdad. In fact it is above and beyond that amount that could be sold. This bodes very well for the Kurds and us as investors, as it will seal the agreement for the implementation of the 2019 Federal Budget Law that will usher in the 2020 Budget cycle to come (imo) that has the Kurdistan's Regional share of it inside. [post 1 of 2....stay tuned]
11-24-2019 Intel Guru Frank26 Are there particular banks that will exchange dinar once the rate is changed? …In our opinion the CBI has reached out internationally to private banks around the world to have an international relationship with them for the exchange process. IMO also the Central Bank of Iraq will have CBI banks in the United States of America where you can go in and exchange your currency and keep it as dinars. That would be fantastic if it is true. I think it is. Because that will help us in the process of ‘when to hold them and when to fold them…’
11-24-2019 Newshound Guru Adam Montana The players and groups that have an interest in keeping the exchange rate as it is are not a huge group. The "bad" part of the Government of Iraq isn't the majority...And it appears that change is happening now. Since early October, there have been serious protests in Iraq, and the pressure has resulted in Iraq moving towards some changes that (in hindsight) have been necessary this whole time. A few of the "bad guys" aren't going to be happy, and they will put up some resistance still, but they will fall to the side and Iraq's currency will not stay in the "XXXX:1" range. The question has always been "when", not "if". Over the recent years, Iraq has been at a tipping point. SO CLOSE, all the time! In hindsight, what was needed is obvious. And it's happening right now. [post 4 of 4]
11-24-2019 Newshound Guru Adam Montana Political players and parties have been able to manipulate the status quo, and profit from it. I would say it's fair to write down as fact that there are players in this situation that have worked specifically against the RV... because they were making money on the system as it was, and why would they change that?! Although tremendous ground has been covered in Iraq's journey back to prosperity, there have been people and groups that had a vested interest in seeing Iraq maintain the status quo (no RV), and keep the people impoverished. Hope is not lost, though. Far from it, in fact! [post 3 of 4....stay tuned]
11-24-2019 Newshound Guru Adam Montana Then the country began to rebuild, ...and eventually the world recognized their progress with the official lifting of Chapter 7 sanctions. More progress has been made, hurdles have been cleared, and Iraq is nowhere near what it was in 2003. All along the path of this rebuilding, we've been watching and waiting for a major change. Not that the change from 4000:1 to the current 1190:1 isn't a "major change"...but it's not the "major" change they are capable of. It's not "the" change we are waiting for. It's not the change that we know is coming. As we look back on the last decade plus, with the benefit of hindsight, it's easy to see how and why they haven't RV'd yet. It's quite simple, really: [post 2 of 4...stay tuned]
11-24-2019 Newshound Guru Adam Montana I made a mention this week about Iraq being in a good place - my optimism continues. Every week, I read thousands of posts...This last week, I read one that hit me right in the chest... Quote: "... in hindsight, it makes perfect sense that we didn't have an RV before the people forcefully demanded change." ...I can't help but think how true it is. And how obvious! Iraq has made tons of progress. They were thrown into a dark hole when Saddam Hussein was removed. Their currency plummeted from a high value down to a lowly scrap... [post 1 of 4....stay tuned]
11-24-2019 Newshound/Intel Guru Francis Albert If I was on a game show, and had to, "had to" give an answer, I would say .86 open on Forex. Well, I would not cash at that, as I believe it would move from there somewhat bullishly. (is that a word?)
11-24-2019 Intel Guru Frank26 Trump sent Pence to Iraq today... You will find out soon who else he sent...I don’t believe there are coincidences... I believe timing is everything and there is a “time” scheduled” for them to do this.
11-23-2019 Newshound Guru MilitiaMan Article: "A deputy intends to investigate the auction of the currency and confirms the possession of the names of those involved" This is slated for today... Interesting timing again.. Frank [Guru Frank26] mentioned there are many corrupt on a list in regard to auctions...All about timing. Add in the timing of the NSCNs being in the process of lifting the three zero notes right now for a rate change. ("CBI is now in the process of lifting 3 zero notes for a rate change, because of the three zero notes." ~ Frank26...) Those are two powerful things that the Citizens demand. Purchase Power is a biggy, imo... Fascinating time we are in.. Keep talking CBI...
11-23-2019 Newshound Guru Kaperoni The IMF refers to Multiple Currency Practice in Iraq or (MCP). It has nothing to do with more than one currency. It has to do with the price of goods in various locations that exceed 2%. ...Iraq will always have both the dollar and dinar because they sell oil. Meaning they will always have both currencies in the country. Many countries have more than one currency prevalent.
11-23-2019 Newshound Guru Don961 Article: "Prof.Dr. Mahmoud Mohammed Dagher: * It is the exchange rate, gentlemen" IMO...IN OTHER WORDS ACCORDING TO THE LAST STATEMENTS OF THE ASTUTE PROFESSOR... KEEPING THE EXCHANGE RATE ARTIFICIALLY LOW ONLY HURTS THE PURCHASING POWER OF LOWER INCOME CITIZENS IN ADDITIONAL HIDDEN WAYS .. SOOOO... IN LIGHT OF WHAT THE PROTESTORS ARE DEMANDING FOR DECENT JOBS, DECENT INCOMES AND DECENT LIVES...THE ALTERNATIVE WOULD LOGICALLY BE TO STRENGTHEN THAT RATE...INCREASE THAT PURCHASING POWER.
11-23-2019 Newshound/Intel Guru Mnt Goat So what do we do now as investors? We just follow the news coming out of Iraq. By knowing the process the CBI must go through to reinstate the dinar (they told us this process), we know what to look for and how to determine any significant progress in the process moving it forward...
11-23-2019 Intel Guru Frank26 THE CBI IS TALKING... Keep an eye on the CBI.
11-23-2019 Newshound Guru Jeff …the citizens are not going to tolerate this much longer. There is a huge revelation in this…the government is showing you through the action with the demonstrators how their hands are just tied. There’s absolutely nothing that the government can do right now to satisfy the demonstrators. They’re showing you as clear as day. They have to change the rate fairly soon…fairly soon could mean over the next few months…they have to change the rate in a reasonable amount of time…I love the news it could not be any better…
11-23-2019 Newshound Guru Kaperoni The IMF refers to Multiple Currency Practice in Iraq or (MCP). It has nothing to do with more than one currency. It has to do with the price of goods in various locations that exceed 2%. ...Iraq will always have both the dollar and dinar because they sell oil. Meaning they will always have both currencies in the country. Many countries have more than one currency prevalent.
11-23-2019 Newshound Guru Don961 Article: "Prof.Dr. Mahmoud Mohammed Dagher: * It is the exchange rate, gentlemen" IMO...IN OTHER WORDS ACCORDING TO THE LAST STATEMENTS OF THE ASTUTE PROFESSOR... KEEPING THE EXCHANGE RATE ARTIFICIALLY LOW ONLY HURTS THE PURCHASING POWER OF LOWER INCOME CITIZENS IN ADDITIONAL HIDDEN WAYS .. SOOOO... IN LIGHT OF WHAT THE PROTESTORS ARE DEMANDING FOR DECENT JOBS, DECENT INCOMES AND DECENT LIVES...THE ALTERNATIVE WOULD LOGICALLY BE TO STRENGTHEN THAT RATE...INCREASE THAT PURCHASING POWER.
11-23-2019 Newshound/Intel Guru Mnt Goat So what do we do now as investors? We just follow the news coming out of Iraq. By knowing the process the CBI must go through to reinstate the dinar (they told us this process), we know what to look for and how to determine any significant progress in the process moving it forward...
11-23-2019 Intel Guru Frank26 THE CBI IS TALKING... Keep an eye on the CBI.
11-23-2019 Newshound Guru Jeff …the citizens are not going to tolerate this much longer. There is a huge revelation in this…the government is showing you through the action with the demonstrators how their hands are just tied. There’s absolutely nothing that the government can do right now to satisfy the demonstrators. They’re showing you as clear as day. They have to change the rate fairly soon…fairly soon could mean over the next few months…they have to change the rate in a reasonable amount of time…I love the news it could not be any better…
11-22-2019 Intel Guru MarkZ [What has changed between now and 10 years ago when we though this would go?] So much has changed that I hardly know where to start…The Central banks of Iraq, China, Japan, Russia have become some of the largest holders of Gold bullion...We have the new OFS banking system and the computer power to handle the GCR now. Remember that Iraq, Zimbabwe, Hungary, Japan and others have already announced they have an asset/gold backed digital currency ….We are at a totally different spot then we were 10 years ago...
11-22-2019 Newshound Guru Jeff ...complete the 2020 budget. Then change the rate. Then implement the demonstrators demands. That’s how it has to happen. That’s what they’re telling you factually within the news. They have to do those steps…That’s where we’re at…we look amazing but the factual news from a truth poll perspective tells us that a little bit more time is needed…
11-22-2019 Intel Guru Bruce From 3 AM to 9 AM we went on a higher security alert...Now, I feel good about the security level...all the rates are solid on the front screens...I believe that our President wants this released... and I think he wants it to go now...it could be [Friday] and it sure could be on Saturday
11-22-2019 Newshound/Intel Guru Mnt Goat If any banks decide to sell or buy the dinar this is not “trading” the dinar...it is simply working under a “currency broker” license just like all the internet online brokers. So, let’s stop all this nonsense about the banks selling or buying the dinar under this capacity to justify telling everyone that the Iraqi dinar is now already “international”. It is not international until 1)it gets “reinstated” and 2) OFAC sanctions are lifted. These are two conditions we wait for as investors and we do not go to the bank until these two conditions are satisfied. ...There is no other way around it! [post 2 or 2]
11-22-2019 Newshound/Intel Guru Mnt Goat I have discounted any bank stories a very long time ago. All I know is each bank I visited, when in the US last, all told me that they would not touch the Iraqi dinar...due to ongoing OFAC sanctions. ...The banks DO NOT have a choice to exchange or not. The law under OFAC sanctions specifically prohibits any FDIC regulated banks from dealing with the Iraqi dinar currency, thus legally exchanging it. [post 1 of 2....stay tuned]
11-22-2019 Intel Guru MarkZ [via PDK] Very quiet overnight…In Zurich – they are still expeing liquidity by Tuesday...so things are happening…at least overseas. From a contact in Iraq- I was told to start watching the CBI starting on Sunday...i am excited for next week...
11-22-2019 Newshound Guru chattels Parliament reconvenes tomorrow. Be still my heart.
11-22-2019 Intel Guru MarkZ Currency news: More and more news that they are looking for Tuesday Liquidity… other sources are looking for it to happen sooner… …Its possible it will happen sooner…maybe they say its Tuesday and will pop it sooner...noone really knows for sure.
11-22-2019 Newshound Guru Kaperoni ...as long as the auctions exist, the CBI cannot substantially reduce the note count.
11-22-2019 Newshound Guru Jeff …with Iraq they’re gonna have two currencies coexisting together. So you’ll have a 25k note and a 25 note coexisting together. They’re not gonna have the same value…Let’s say the rate is $3.00…the 25k note would be worth $75,000 and the 25 note would be worth $25…the two currencies will coexist together with independent separate values…
11-22-2019 Newshound Guru Jeff ...complete the 2020 budget. Then change the rate. Then implement the demonstrators demands. That’s how it has to happen. That’s what they’re telling you factually within the news. They have to do those steps…That’s where we’re at…we look amazing but the factual news from a truth poll perspective tells us that a little bit more time is needed…
11-22-2019 Intel Guru Bruce From 3 AM to 9 AM we went on a higher security alert...Now, I feel good about the security level...all the rates are solid on the front screens...I believe that our President wants this released... and I think he wants it to go now...it could be [Friday] and it sure could be on Saturday
11-22-2019 Newshound/Intel Guru Mnt Goat If any banks decide to sell or buy the dinar this is not “trading” the dinar...it is simply working under a “currency broker” license just like all the internet online brokers. So, let’s stop all this nonsense about the banks selling or buying the dinar under this capacity to justify telling everyone that the Iraqi dinar is now already “international”. It is not international until 1)it gets “reinstated” and 2) OFAC sanctions are lifted. These are two conditions we wait for as investors and we do not go to the bank until these two conditions are satisfied. ...There is no other way around it! [post 2 or 2]
11-22-2019 Newshound/Intel Guru Mnt Goat I have discounted any bank stories a very long time ago. All I know is each bank I visited, when in the US last, all told me that they would not touch the Iraqi dinar...due to ongoing OFAC sanctions. ...The banks DO NOT have a choice to exchange or not. The law under OFAC sanctions specifically prohibits any FDIC regulated banks from dealing with the Iraqi dinar currency, thus legally exchanging it. [post 1 of 2....stay tuned]
11-22-2019 Intel Guru MarkZ [via PDK] Very quiet overnight…In Zurich – they are still expeing liquidity by Tuesday...so things are happening…at least overseas. From a contact in Iraq- I was told to start watching the CBI starting on Sunday...i am excited for next week...
11-22-2019 Newshound Guru chattels Parliament reconvenes tomorrow. Be still my heart.
11-22-2019 Intel Guru MarkZ Currency news: More and more news that they are looking for Tuesday Liquidity… other sources are looking for it to happen sooner… …Its possible it will happen sooner…maybe they say its Tuesday and will pop it sooner...noone really knows for sure.
11-22-2019 Newshound Guru Kaperoni ...as long as the auctions exist, the CBI cannot substantially reduce the note count.
11-22-2019 Newshound Guru Jeff …with Iraq they’re gonna have two currencies coexisting together. So you’ll have a 25k note and a 25 note coexisting together. They’re not gonna have the same value…Let’s say the rate is $3.00…the 25k note would be worth $75,000 and the 25 note would be worth $25…the two currencies will coexist together with independent separate values…
11-21-2019 Intel Guru MarkZ Big news from China…mainstream news... They are going to a complete asset backed digital currency for the entire country…they did not say when…but the speculation is it could be just days away. Think about this guys...this is what we have been waiting for...we have been waiting for the new banking system…this is part of the QFS system...it’s happening right now...So, I’m feeling very good about things…feeling fantastic…
11-21-2019 Newshound/Intel Guru Francis Albert Reducing the three zero notes in circulation is not the impetus for two simultaneous currencies, ...it is simply reducing the three zero notes in circulation.
11-21-2019 Newshound Guru Jeff …so no one is miss led in any way…No country’s budget contains a rate. The budget itself is calculated off the rate but the budget never contains a rate…you’ve always seen their [Iraq’s] budgets calculated in the range of trillions of dinar. When the rate changes it will transition to being calculated in billions of dinar. How does that work? The budget has what’s called a writer…it will allow that to automatically change from trillions to billions. In other words they drop the zeros. It’s that simple. My point to you is you will never know that the rates gonna change before it has changed. They will not let any clues or signs leak out…
11-21-2019 Intel Guru Frank26 …CBI if you can give me one sentence of what you are doing now…give me one sentence that describes your posture right now. ‘We [CBI] are reducing the physical 3 zero note count with a rate change’
11-21-2019 Intel Guru MarkZ My news out of Zurich is not what most want to hear…they are now expecting their funds the first of next week…but it’s supposed to be an absolute...set time...I did have an interesting conversation with a military contact…it is their understanding that they are now in charge of the roll-out for the US. ...Trump turned it over to the military now…its out of his hands. Trump has Military under soft Marshall Law, meaning they are standing watch over all the Financial people and bankers to ensure they cannot stop this any further... Trump is the first US President who wants this RV to happen...I am treating this as rumor for now…but based on this and news from Zurich , I am not expecting to see anything now until Mon/Tues next week.
11-21-2019 Newshound Guru Jeff …Let’s clear the air…Lower denoms before the rate change. That cannot and will not happen. Reason why? If they release the lower denoms before the rate change it just became a currency devaluation. So again they can not release lower denoms before the rate change…the rate change is like a nucleus. Everything is linked to the nucleus. Once the rate changes that’s when all the dominoes fall…
11-21-2019 Newshound Guru Kaperoni ...Nothing is happening with the dinar until laws are passed and significant investment comes in through the private sector in Iraq.
11-21-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQ’S PROTESTS RAISE QUESTION: WHERE DOES THE OIL MONEY GO?" Quote: "IRAQI LEADERS HAVE BEEN UNWILLING SO FAR TO REFORM THE SYSTEM,..." ...So can we all see why not the US govt through the US Treasury is holding up the reinstatement? How can they place all this money into Iraq and then watch it mismanaged and have the dinar only crash afterwards? ...“where is the RV”...It is being purposefully held up because: 1. the CBI wants to move forward but crooked Iranian backed politicians stall it; 2. the US Treasury says not until they learn how to manage their funds, lessen corruption and thus the government is more stable.
11-21-2019 Newshound/Intel Guru Francis Albert Reducing the three zero notes in circulation is not the impetus for two simultaneous currencies, ...it is simply reducing the three zero notes in circulation.
11-21-2019 Newshound Guru Jeff …so no one is miss led in any way…No country’s budget contains a rate. The budget itself is calculated off the rate but the budget never contains a rate…you’ve always seen their [Iraq’s] budgets calculated in the range of trillions of dinar. When the rate changes it will transition to being calculated in billions of dinar. How does that work? The budget has what’s called a writer…it will allow that to automatically change from trillions to billions. In other words they drop the zeros. It’s that simple. My point to you is you will never know that the rates gonna change before it has changed. They will not let any clues or signs leak out…
11-21-2019 Intel Guru Frank26 …CBI if you can give me one sentence of what you are doing now…give me one sentence that describes your posture right now. ‘We [CBI] are reducing the physical 3 zero note count with a rate change’
11-21-2019 Intel Guru MarkZ My news out of Zurich is not what most want to hear…they are now expecting their funds the first of next week…but it’s supposed to be an absolute...set time...I did have an interesting conversation with a military contact…it is their understanding that they are now in charge of the roll-out for the US. ...Trump turned it over to the military now…its out of his hands. Trump has Military under soft Marshall Law, meaning they are standing watch over all the Financial people and bankers to ensure they cannot stop this any further... Trump is the first US President who wants this RV to happen...I am treating this as rumor for now…but based on this and news from Zurich , I am not expecting to see anything now until Mon/Tues next week.
11-21-2019 Newshound Guru Jeff …Let’s clear the air…Lower denoms before the rate change. That cannot and will not happen. Reason why? If they release the lower denoms before the rate change it just became a currency devaluation. So again they can not release lower denoms before the rate change…the rate change is like a nucleus. Everything is linked to the nucleus. Once the rate changes that’s when all the dominoes fall…
11-21-2019 Newshound Guru Kaperoni ...Nothing is happening with the dinar until laws are passed and significant investment comes in through the private sector in Iraq.
11-21-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQ’S PROTESTS RAISE QUESTION: WHERE DOES THE OIL MONEY GO?" Quote: "IRAQI LEADERS HAVE BEEN UNWILLING SO FAR TO REFORM THE SYSTEM,..." ...So can we all see why not the US govt through the US Treasury is holding up the reinstatement? How can they place all this money into Iraq and then watch it mismanaged and have the dinar only crash afterwards? ...“where is the RV”...It is being purposefully held up because: 1. the CBI wants to move forward but crooked Iranian backed politicians stall it; 2. the US Treasury says not until they learn how to manage their funds, lessen corruption and thus the government is more stable.
11-20-2019 Intel Guru Bruce And then we heard also that the rate - now remember this we have 209 countries and all of those currencies are on the front screens live – they are all on the screens in essentially a ready to go mode – all countries – so I’m excited about that...The only thing we are waiting for is the perfect timing for this to release...We are in great shape - I believe the public start might be Dec 2... everything is ready as far as I can tell...IMO. [post 2 of 2]
11-20-2019 Intel Guru Bruce [via WiserNow] ...I think we are looking really strong right now... I’m not going to go to next week – I’m not going to Thanksgiving or before Christmas or by Christmas – I’m not going to go there – That’s not what I’m hearing -- Other people may be hearing that but not me and we’ve got to the point where that information that we gain from certain of our banks have completely sealed off...Nope, we’re too close and it’s too sensitive to talk about X Y Z – and that’s a great indicator ...sometimes, when you’re this close and it’s a sensitive area – they don’t want leaks – you just suck it up and say you know what -- that’s a good sign - that’s showing us how close this really is... [post 1 of 2....stay tuned]
11-20-2019 Newshound Guru Jeff …a few weeks ago I shared a detail showing that Iraq was stressing the need for transparency going forward and that was stated in an article that transparency was key. That’s what the 2020 budget is all about. The 2020 budget…is the number one thing that has to happen before the RV. The 2020 budget is the financial roadmap to the rate change. Now I have another article saying they are going through the 2018 budget and finalizing all it’s accounts. And they’re going through that 2018 budget with a fine toothed comb to find all the corruption and all the wrongdoing with the money to use this in preparation for the 2020 budget…
11-20-2019 Intel Guru MarkZ Still feels like this is Groundhog day...they are still hearing this is our week- before Thursday morning …they are hearing great things about today. People are in place...positioned and waiting…for what? Is it the circus in DC? Is it Iraq? What are we waiting for? Stay positive... I really think we are at the end of it…
11-20-2019 Newshound Guru Adam Montana Iraq is in a fantastic spot right now. YES, they have had a rough 6 weeks or so. The people have been demanding change, and it looks like they are getting it. The GOI is making real changes to their government structure, Parliament is discussing some necessary actions to reduce corruption, restructure their systems, and make a final push towards recapturing their glory days...I'm sure a lot of people have given up on Iraq recently. Quite honestly - this is good for those of us that have chosen to hang in there...with every "loss" of outside investors, Iraq's obligation to the world decreases, and makes it easier for them to come out with a higher value. The saying goes, "it's always darkest before the dawn". Iraq has seen some dark times. But dawn IS coming... I'm hanging in there, and I'm thankful that you are as well.
11-20-2019 Newshound Guru MilitiaMan [Guru] Frank(26) has spoken to WS [Guru Walkingstick] of late imo and there is indication from that, that the banks maybe or are ready for the citizens with NSCNs (small category notes). ...WS's word "INCOMING" imo means be prepared for what we expect and that is an explosive event. An unprecedented event may have been within that meeting to trigger it... Banks cannot sit on the new money for long! Once the Banks are populated with new currency, they know the story and what it means, imo So do the citizens...imo. [post 2 of 2]
11-20-2019 Newshound Guru MilitiaMan Article: "Parliament is holding an evening session today that may witness an unprecedented event" The writing is on the wall now. They had a evening session that may have witnessed an unprecedented event. The most unprecedented event to occur at this point is possibly two things, firstly, get the lead out and give the go ahead for the CBI to release what was delivered to the banks, to the citizens. Then, have agreements on the future of the GOI... [post 1 of 2...stay tuned]
11-20-2019 Intel Guru Frank26 ….the removal of the 3 zero notes is a first step then the replacement of equal value of these 3 zero notes is occurring IMO right now with a swap of 3 zero notes with new small category notes [with the CBI and banks not citizens yet]. All of this should have been competed by now. The protesting delayed it a little bit…it is still ongoing…these 3 zero notes IMO are being collected and replaced with the same equal value of these small category notes [at bank level]…almost done all across Iraq.
11-20-2019 Intel Guru Bruce [via WiserNow] ...I think we are looking really strong right now... I’m not going to go to next week – I’m not going to Thanksgiving or before Christmas or by Christmas – I’m not going to go there – That’s not what I’m hearing -- Other people may be hearing that but not me and we’ve got to the point where that information that we gain from certain of our banks have completely sealed off...Nope, we’re too close and it’s too sensitive to talk about X Y Z – and that’s a great indicator ...sometimes, when you’re this close and it’s a sensitive area – they don’t want leaks – you just suck it up and say you know what -- that’s a good sign - that’s showing us how close this really is... [post 1 of 2....stay tuned]
11-20-2019 Newshound Guru Jeff …a few weeks ago I shared a detail showing that Iraq was stressing the need for transparency going forward and that was stated in an article that transparency was key. That’s what the 2020 budget is all about. The 2020 budget…is the number one thing that has to happen before the RV. The 2020 budget is the financial roadmap to the rate change. Now I have another article saying they are going through the 2018 budget and finalizing all it’s accounts. And they’re going through that 2018 budget with a fine toothed comb to find all the corruption and all the wrongdoing with the money to use this in preparation for the 2020 budget…
11-20-2019 Intel Guru MarkZ Still feels like this is Groundhog day...they are still hearing this is our week- before Thursday morning …they are hearing great things about today. People are in place...positioned and waiting…for what? Is it the circus in DC? Is it Iraq? What are we waiting for? Stay positive... I really think we are at the end of it…
11-20-2019 Newshound Guru Adam Montana Iraq is in a fantastic spot right now. YES, they have had a rough 6 weeks or so. The people have been demanding change, and it looks like they are getting it. The GOI is making real changes to their government structure, Parliament is discussing some necessary actions to reduce corruption, restructure their systems, and make a final push towards recapturing their glory days...I'm sure a lot of people have given up on Iraq recently. Quite honestly - this is good for those of us that have chosen to hang in there...with every "loss" of outside investors, Iraq's obligation to the world decreases, and makes it easier for them to come out with a higher value. The saying goes, "it's always darkest before the dawn". Iraq has seen some dark times. But dawn IS coming... I'm hanging in there, and I'm thankful that you are as well.
11-20-2019 Newshound Guru MilitiaMan [Guru] Frank(26) has spoken to WS [Guru Walkingstick] of late imo and there is indication from that, that the banks maybe or are ready for the citizens with NSCNs (small category notes). ...WS's word "INCOMING" imo means be prepared for what we expect and that is an explosive event. An unprecedented event may have been within that meeting to trigger it... Banks cannot sit on the new money for long! Once the Banks are populated with new currency, they know the story and what it means, imo So do the citizens...imo. [post 2 of 2]
11-20-2019 Newshound Guru MilitiaMan Article: "Parliament is holding an evening session today that may witness an unprecedented event" The writing is on the wall now. They had a evening session that may have witnessed an unprecedented event. The most unprecedented event to occur at this point is possibly two things, firstly, get the lead out and give the go ahead for the CBI to release what was delivered to the banks, to the citizens. Then, have agreements on the future of the GOI... [post 1 of 2...stay tuned]
11-20-2019 Intel Guru Frank26 ….the removal of the 3 zero notes is a first step then the replacement of equal value of these 3 zero notes is occurring IMO right now with a swap of 3 zero notes with new small category notes [with the CBI and banks not citizens yet]. All of this should have been competed by now. The protesting delayed it a little bit…it is still ongoing…these 3 zero notes IMO are being collected and replaced with the same equal value of these small category notes [at bank level]…almost done all across Iraq.
11-19-2019 Newshound/Intel Guru RVAlready I hope GOI gets the budget done ASAP. I do not think CBI is the holdup.
11-19-2019 Intel Guru Walkingstick (via Frank26) …it matters not that all the banks in Iraq [Do not] have the smaller notes yet. What matters is that the process has started and IMO close to finishing. Then I would ask the question, how long should these small notes stay in the vaults of the Iraqi banks? IMO, not too long. Short term.
11-19-2019 Newshound/Intel Guru Mnt Goat ...there will be no RV or reinstatement of the Iraqi dinar unless they can somehow get the Iranian influence out of the government politics, clean up the corruption. So why all the hype and panic now about these demonstrations? The sky is not falling in on Iraq. What we are witnessing is exactly what needs to take place. The pressure for the demonstrators is causing all these fixes to happen at warp speed. This is all so good for us and our investment. It is happening and we all should be glad and jumping for joy this is now being addressed.
11-19-2019 Intel Guru Frank26 …you know Maliki? His palatial palace they burned it down to the ground. These sweet innocent beautiful Iraqi citizens don’t want to hurt anybody. They don’t want to kill anybody. And they’re not. They just want revenge. And that which was their’s was taken away from them then I think they have the right to destroy what was not given to them. They burnt down Maliki’s house. They brought marshmallows and graham crackers and chocolate and made smores.
11-19-2019 Intel Guru MarkZ I still believe we are in a very good spot. I have a number of people that flew into Reno yesterday for Appointments today...these are for currency exchanges...not currency swaps. I have other folks there that I know in real life with appointments this afternoon through Thursday morning… [...word in Dinarland is that RV is expected by Thanksgiving. Does this mean the public exchange?] Yes that means us…we are the last. Redemption Center people worked part time last weekend...and are at work all week…waiting.
11-19-2019 Intel Guru Delta …now is the best time for them to basically pull the trigger IMO because remember this is what the demonstrators want…and we all know the government is working on the budget and they have in mind to send that budget before the end of the month. If that is the case we should see the rates before that because as they’ve told us this budget is going to be different and it should have the rates in it. This is definitely very interesting and I’m waiting to see the next 24 hours of what’s going to happen and what the Central Bank’s next move is going to be and that’s going to give us a window of what’s going on there…
11-19-2019 Intel Guru Frank26 …The banks are wound up so tight just one breath from the CBI is going to set off giving the citizens IMO the smaller notes because there has been a change to the American dollar in the auctions. If that is true then that means an exchange rate has occurred…It is the only way we could have done that is if they made a change to the exchange rate of their currency. And I believe they are about to make an announcement but first we’ve got to get the pictures and we’ve got to get the descriptions…
11-19-2019 Newshound/Intel Guru Mnt Goat ...We also just heard this morning 11/18/19 that parliament is going to vote on some needed legislation in regards to these demands. Then out popped an article telling us that the 2020 budget will reach parliament in the next few days or so for the first vote. Oh - boy this could get interesting real fast. But the budget has an implementation date of Jan 1st 2020. Why? Because their fiscal year begins on Jan 1st... The first quarter of their fiscal year is the BEST time to reinstate the currency. ...looks like our early January 2020 date creeps up again. ...I am keeping my fingers and toes crossed this time this is finally the beginning of the end of this Iraqi dinar RV ride. [post 2 of 2]
11-19-2019 Newshound/Intel Guru Mnt Goat ...Did the CBI just end the currency auctions? …Let this news play out and see if, in fact, the currency auctions do continue and are picked back up and the buy and sell rates change. Or will this finally be the end and the reinstatement is just around the corner? ...if they are exchanging very limited dinars for US dollars via the currency auctions, then how can the banks continue in business? Could this mean "reinstatement" time...finally to get out of this situation? We know this was on the very first list of demands from the demonstrators so let's see what happens. [post 1 of 2....stay tuned]
11-19-2019 Intel Guru Walkingstick (via Frank26) …it matters not that all the banks in Iraq [Do not] have the smaller notes yet. What matters is that the process has started and IMO close to finishing. Then I would ask the question, how long should these small notes stay in the vaults of the Iraqi banks? IMO, not too long. Short term.
11-19-2019 Newshound/Intel Guru Mnt Goat ...there will be no RV or reinstatement of the Iraqi dinar unless they can somehow get the Iranian influence out of the government politics, clean up the corruption. So why all the hype and panic now about these demonstrations? The sky is not falling in on Iraq. What we are witnessing is exactly what needs to take place. The pressure for the demonstrators is causing all these fixes to happen at warp speed. This is all so good for us and our investment. It is happening and we all should be glad and jumping for joy this is now being addressed.
11-19-2019 Intel Guru Frank26 …you know Maliki? His palatial palace they burned it down to the ground. These sweet innocent beautiful Iraqi citizens don’t want to hurt anybody. They don’t want to kill anybody. And they’re not. They just want revenge. And that which was their’s was taken away from them then I think they have the right to destroy what was not given to them. They burnt down Maliki’s house. They brought marshmallows and graham crackers and chocolate and made smores.
11-19-2019 Intel Guru MarkZ I still believe we are in a very good spot. I have a number of people that flew into Reno yesterday for Appointments today...these are for currency exchanges...not currency swaps. I have other folks there that I know in real life with appointments this afternoon through Thursday morning… [...word in Dinarland is that RV is expected by Thanksgiving. Does this mean the public exchange?] Yes that means us…we are the last. Redemption Center people worked part time last weekend...and are at work all week…waiting.
11-19-2019 Intel Guru Delta …now is the best time for them to basically pull the trigger IMO because remember this is what the demonstrators want…and we all know the government is working on the budget and they have in mind to send that budget before the end of the month. If that is the case we should see the rates before that because as they’ve told us this budget is going to be different and it should have the rates in it. This is definitely very interesting and I’m waiting to see the next 24 hours of what’s going to happen and what the Central Bank’s next move is going to be and that’s going to give us a window of what’s going on there…
11-19-2019 Intel Guru Frank26 …The banks are wound up so tight just one breath from the CBI is going to set off giving the citizens IMO the smaller notes because there has been a change to the American dollar in the auctions. If that is true then that means an exchange rate has occurred…It is the only way we could have done that is if they made a change to the exchange rate of their currency. And I believe they are about to make an announcement but first we’ve got to get the pictures and we’ve got to get the descriptions…
11-19-2019 Newshound/Intel Guru Mnt Goat ...We also just heard this morning 11/18/19 that parliament is going to vote on some needed legislation in regards to these demands. Then out popped an article telling us that the 2020 budget will reach parliament in the next few days or so for the first vote. Oh - boy this could get interesting real fast. But the budget has an implementation date of Jan 1st 2020. Why? Because their fiscal year begins on Jan 1st... The first quarter of their fiscal year is the BEST time to reinstate the currency. ...looks like our early January 2020 date creeps up again. ...I am keeping my fingers and toes crossed this time this is finally the beginning of the end of this Iraqi dinar RV ride. [post 2 of 2]
11-19-2019 Newshound/Intel Guru Mnt Goat ...Did the CBI just end the currency auctions? …Let this news play out and see if, in fact, the currency auctions do continue and are picked back up and the buy and sell rates change. Or will this finally be the end and the reinstatement is just around the corner? ...if they are exchanging very limited dinars for US dollars via the currency auctions, then how can the banks continue in business? Could this mean "reinstatement" time...finally to get out of this situation? We know this was on the very first list of demands from the demonstrators so let's see what happens. [post 1 of 2....stay tuned]
11-18-2019 ** Dinar Guru Community Update ** Longtime Guru OkieTheOilMan has been struggling with health issues over the last few years and is now in the hospital again. Please include him and his family in your thoughts and prayers today... [The latest guru post will continue below...]
11-18-2019 Intel Guru Delta ...MSG FROM DEMONSTRATOR TO EVERY IRAQI... "Baghdad will leave the title of the worst city in the world. Your passport will regain its prestige, and your dinar will be revalued. Your children will have a better future than yours. The peoples of the earth will respect you and no one will dare to despise you, if you decide to do so and insist on it...the victory of one Iraq"
11-18-2019 Newshound/Intel Guru Mnt Goat Article: "WHY DOES IRAN HATE IRAQ’S UPRISING?" ...I have been the ONLY single person out in this dinar community that has been telling everyone for years that unless the Iranian influence is GONE from Iraq their will be no RV. So now we see it playing out finally coming to a head. This needed to happen to transition away from Iran. This process had to begin and now we must wait and watch it all play out before the CBI makes its next move.
11-18-2019 Intel Guru MarkZ [via PDK] Things got very quiet last night and I really expected 800 numbers by this morning…so I am a little disappointed. I have heard of a number of people have been called in to be flown to Reno today bringing their currency…more flying in this afternoon as well …These are people I know in real life... Hopefully I will get a great update soon... Iraq is very quiet from my contacts right now. Maybe because of all the rioting in Iran. [...do you think the RV will happen before the end of 2019?] Yes I do...I think there is a huge effort every day to get this rolled out...they will keep trying imo until it is successful...so I expect it every day.
11-18-2019 Newshound Guru Jeff ...the budget. Let's talk about what's inside it because it's very important...Baghdad and Kurdistan are meeting to resolve numbers and math within the budget pertaining to Article 140 the HCL and now they're telling you that reconstruction is in the budget and reforms are in the budget. All those items are post rate change items...Because every single one of those items are within the 2020 budget this means they're also waiting on the 2020 budget...notice how all of those items are items that are being promised to the citizens in regards to the demonstrations but yet they're also waiting on the 2020 budget...that means they can't wait too long to get them implemented...
11-18-2019 Newshound Guru MilitiaMan Article: "An economist depends on the return of Iraq to its place the continued cohesion of the demonstrators" Let’s see them cool off the demonstrations to the level needed to maintain cohesion amongst themselves and have Iraq now provide the purchase power that will support their national spirit. As the economists suggests it can be done in record time.. Sounds good to me.
11-18-2019 Newshound/Intel Guru Mnt Goat Article: "WHY DOES IRAN HATE IRAQ’S UPRISING?" ...I have been the ONLY single person out in this dinar community that has been telling everyone for years that unless the Iranian influence is GONE from Iraq their will be no RV. So now we see it playing out finally coming to a head. This needed to happen to transition away from Iran. This process had to begin and now we must wait and watch it all play out before the CBI makes its next move.
11-18-2019 Intel Guru MarkZ [via PDK] Things got very quiet last night and I really expected 800 numbers by this morning…so I am a little disappointed. I have heard of a number of people have been called in to be flown to Reno today bringing their currency…more flying in this afternoon as well …These are people I know in real life... Hopefully I will get a great update soon... Iraq is very quiet from my contacts right now. Maybe because of all the rioting in Iran. [...do you think the RV will happen before the end of 2019?] Yes I do...I think there is a huge effort every day to get this rolled out...they will keep trying imo until it is successful...so I expect it every day.
11-18-2019 Newshound Guru Jeff ...the budget. Let's talk about what's inside it because it's very important...Baghdad and Kurdistan are meeting to resolve numbers and math within the budget pertaining to Article 140 the HCL and now they're telling you that reconstruction is in the budget and reforms are in the budget. All those items are post rate change items...Because every single one of those items are within the 2020 budget this means they're also waiting on the 2020 budget...notice how all of those items are items that are being promised to the citizens in regards to the demonstrations but yet they're also waiting on the 2020 budget...that means they can't wait too long to get them implemented...
11-18-2019 Newshound Guru MilitiaMan Article: "An economist depends on the return of Iraq to its place the continued cohesion of the demonstrators" Let’s see them cool off the demonstrations to the level needed to maintain cohesion amongst themselves and have Iraq now provide the purchase power that will support their national spirit. As the economists suggests it can be done in record time.. Sounds good to me.
11-17-2019 Newshound Guru Jeff Article "The sale of dollars in the central bank stopped blocking the arrival of large fake funds to Iran". Very huge. They are saying that CBI stop selling dollars and new measures...the only way they can stop the auction [is] if they change the rate.
11-17-2019 Intel Guru RayRen98 Iraq TV reports that halting the sale of the US dollar in the auctions by the CBI has ended millions of fake funds to Iran indicating that those funds could build 200 schools and 50 hospitals per year. Cheers of excitement were heard by the crowds of protestors as they watched the message on the big screens. The citizens are saying that this is a start and that they want a complete end of all auctions and to have accountability for the deaths and the disposition of the oil revenues. ...The US Secretary made statements to the people of Iraq informing them that the US will hold liable all corrupt persons that stole money belonging to the citizens. This message was broadcast on the big screens to calm the crowd.
11-17-2019 Intel Guru Delta Article: "The sale of dollars in the central bank stopped blocking the arrival of large fake funds to Iran" ...VERY HUGE ...THEY ARE SAYING THAT CBI STOP SELLING DOLLARS AND NEW MEASURES ...THE ONLY WAY THEY CAN STOP THE AUCTION IF THEY CHANGE THE RATE.... IMO THIS WEEK MIGHT BE IT ...WE SHOULD FIND OUT IN THE NEXT 24-48 HRS THE NEXT MOVE FOR CBI..
11-17-2019 Newshound/Intel Guru Randy Koonce ...Iraq is NOT going to do a LOP. Forget any talk about a LOP... The unrest in Iraq is not a factor in when this is going to be released. It is not going to stop it, and President Trump recognizes that the only way to stop the unrest...Is to release the RV. He's working on it!! Know that!! The controlling factor in when this is going to happen is the US. Nothing else matters. US!! Period. [post 4 of 4]
11-17-2019 Newshound/Intel Guru Randy Koonce ...What I know for a fact is that President Trump is trying to get this released, in spite of tremendous opposition from the Democrats, who do not want this to happen. The reason for the 'extended' window is because of our current political environment. ...This is a currency, whose value prior to the Iraqi war was worth $2.65. It will be worth that again, and more because there are more assets in Iraq now than before. This is going to happen! The only question is when. [post 3 of 4....stay tuned]
11-17-2019 Newshound/Intel Guru Randy Koonce It is my understand that President Trump wants this done 'now'. But we do not know how long 'now' might take to complete. It is entirely possible that Thanksgiving 2019 could be one for the books. But, as we ALL have learned, things can change the direction of this in a heartbeat. So, while we have very good information right now, it is important that everyone remain grounded and focused on the long game. While we could have a lot to be thankful for at Thanksgiving this year, it also could be a New Year's to remember. ...at some point, in the very near future, we are going to have a lot for which to be very grateful. [post 2 of 4....stay tuned]
11-17-2019 Newshound/Intel Guru Randy Koonce ... None of us knew that the Dinar Days of our Lives was going to run this long!! ...none of us ever anticipated the political football this 'project' has become. There is an abundance of evidence that this 'event' should have taken place many years ago. But, here we are. Still punting the dinar football! The latest information that has come to me indicates that we are, once again, in a very hot window. This window is open as we speak, and will remain open and hot through the end of the year. Please pay attention!! Now. To the end of the year. And I am hoping 'sooner than later.' [post 1 of 4....stay tuned]
11-17-2019 Newshound Guru Jeff …we have seen more articles since July talking about article 140 and HCL more than we ever have in history. And those types of steps and actions would strongly confirm that we’re right on the edge of this. But like I said time is a factor…this is not a get rich overnight kind of thing...
11-17-2019 Intel Guru RayRen98 Iraq TV reports that halting the sale of the US dollar in the auctions by the CBI has ended millions of fake funds to Iran indicating that those funds could build 200 schools and 50 hospitals per year. Cheers of excitement were heard by the crowds of protestors as they watched the message on the big screens. The citizens are saying that this is a start and that they want a complete end of all auctions and to have accountability for the deaths and the disposition of the oil revenues. ...The US Secretary made statements to the people of Iraq informing them that the US will hold liable all corrupt persons that stole money belonging to the citizens. This message was broadcast on the big screens to calm the crowd.
11-17-2019 Intel Guru Delta Article: "The sale of dollars in the central bank stopped blocking the arrival of large fake funds to Iran" ...VERY HUGE ...THEY ARE SAYING THAT CBI STOP SELLING DOLLARS AND NEW MEASURES ...THE ONLY WAY THEY CAN STOP THE AUCTION IF THEY CHANGE THE RATE.... IMO THIS WEEK MIGHT BE IT ...WE SHOULD FIND OUT IN THE NEXT 24-48 HRS THE NEXT MOVE FOR CBI..
11-17-2019 Newshound/Intel Guru Randy Koonce ...Iraq is NOT going to do a LOP. Forget any talk about a LOP... The unrest in Iraq is not a factor in when this is going to be released. It is not going to stop it, and President Trump recognizes that the only way to stop the unrest...Is to release the RV. He's working on it!! Know that!! The controlling factor in when this is going to happen is the US. Nothing else matters. US!! Period. [post 4 of 4]
11-17-2019 Newshound/Intel Guru Randy Koonce ...What I know for a fact is that President Trump is trying to get this released, in spite of tremendous opposition from the Democrats, who do not want this to happen. The reason for the 'extended' window is because of our current political environment. ...This is a currency, whose value prior to the Iraqi war was worth $2.65. It will be worth that again, and more because there are more assets in Iraq now than before. This is going to happen! The only question is when. [post 3 of 4....stay tuned]
11-17-2019 Newshound/Intel Guru Randy Koonce It is my understand that President Trump wants this done 'now'. But we do not know how long 'now' might take to complete. It is entirely possible that Thanksgiving 2019 could be one for the books. But, as we ALL have learned, things can change the direction of this in a heartbeat. So, while we have very good information right now, it is important that everyone remain grounded and focused on the long game. While we could have a lot to be thankful for at Thanksgiving this year, it also could be a New Year's to remember. ...at some point, in the very near future, we are going to have a lot for which to be very grateful. [post 2 of 4....stay tuned]
11-17-2019 Newshound/Intel Guru Randy Koonce ... None of us knew that the Dinar Days of our Lives was going to run this long!! ...none of us ever anticipated the political football this 'project' has become. There is an abundance of evidence that this 'event' should have taken place many years ago. But, here we are. Still punting the dinar football! The latest information that has come to me indicates that we are, once again, in a very hot window. This window is open as we speak, and will remain open and hot through the end of the year. Please pay attention!! Now. To the end of the year. And I am hoping 'sooner than later.' [post 1 of 4....stay tuned]
11-17-2019 Newshound Guru Jeff …we have seen more articles since July talking about article 140 and HCL more than we ever have in history. And those types of steps and actions would strongly confirm that we’re right on the edge of this. But like I said time is a factor…this is not a get rich overnight kind of thing...
11-16-2019 Newshound/Intel Guru RVAlready I see this driven to quick conclusion by at least 3 drivers: Iraq protestors need an RV, imminent implosion of fed fiat money system, and possible implosion of derivatives market. We shall see what the future brings. Hopefully, an RV - and soon.
11-16-2019 Newshound Guru Jeff …what Iraq is showing you through their actions is they are waiting on something for the rate change. They’re waiting as you and I are. Their actions show you that. What are they waiting on? Who’s in charge? That’s real easy. Look at who’s throwing their power around. Look at who’s doing the most…who shed blood for Iraq? Who poured trillions of dollars into Iraq? Who’s flexing their muscles around the world? …It’s Donald Trump’s in charge of the timing of the rate change and I promise you he has an agenda…
11-16-2019 Newshound Guru larryk I fine it funny how some gurus are saying this will happen any day now. But if you look at what is going on , I doubt that will happen.
11-16-2019 Newshound/Intel Guru Mnt Goat Article: "THE FILE AUCTION CURRENCY OF THE MOST CORRUPT FILES IN IRAQ" ...so here we hear the same old, same old, same old complaining about the currency auctions and how much money is being stolen from the Iraqi people. Can you see why now the protestors are demanding these auctions to end? Will they get their demands met? To me it seems they MUST get their demands met and this is one of the critical demands. Remember this demand was on their FIRST list of demands.
11-16-2019 Newshound Guru Kaperoni In order for the dinar to appreciate in value the CBI needs a reason to raise the value. That reason is an increase in GDP, and inflationary pressure created from significant investment capital. Only then will the CBI move off the peg and allow the dinar to rise via a float.
11-16-2019 Intel Guru Bruce [via WiserNow] ...Now, you know we can’t call it and we’re not going to do that but I am very positive about what I received today and the sources that I got it from are very very strong - so we feel good about this...I just think we are finally at the point where all the currencies have been migrated - from the back screen and front screens – rates are solid... so I think we are finally at the precipice where we are ready to make that leap...So, I want to say guys that we are pretty much from what I can tell and from what I’m hearing and what I am expecting at the end of this incredible journey...
11-16-2019 Newshound Guru Jeff …what Iraq is showing you through their actions is they are waiting on something for the rate change. They’re waiting as you and I are. Their actions show you that. What are they waiting on? Who’s in charge? That’s real easy. Look at who’s throwing their power around. Look at who’s doing the most…who shed blood for Iraq? Who poured trillions of dollars into Iraq? Who’s flexing their muscles around the world? …It’s Donald Trump’s in charge of the timing of the rate change and I promise you he has an agenda…
11-16-2019 Newshound Guru larryk I fine it funny how some gurus are saying this will happen any day now. But if you look at what is going on , I doubt that will happen.
11-16-2019 Newshound/Intel Guru Mnt Goat Article: "THE FILE AUCTION CURRENCY OF THE MOST CORRUPT FILES IN IRAQ" ...so here we hear the same old, same old, same old complaining about the currency auctions and how much money is being stolen from the Iraqi people. Can you see why now the protestors are demanding these auctions to end? Will they get their demands met? To me it seems they MUST get their demands met and this is one of the critical demands. Remember this demand was on their FIRST list of demands.
11-16-2019 Newshound Guru Kaperoni In order for the dinar to appreciate in value the CBI needs a reason to raise the value. That reason is an increase in GDP, and inflationary pressure created from significant investment capital. Only then will the CBI move off the peg and allow the dinar to rise via a float.
11-16-2019 Intel Guru Bruce [via WiserNow] ...Now, you know we can’t call it and we’re not going to do that but I am very positive about what I received today and the sources that I got it from are very very strong - so we feel good about this...I just think we are finally at the point where all the currencies have been migrated - from the back screen and front screens – rates are solid... so I think we are finally at the precipice where we are ready to make that leap...So, I want to say guys that we are pretty much from what I can tell and from what I’m hearing and what I am expecting at the end of this incredible journey...
11-15-2019 Intel Guru Delta [Security and stability for the reinstatement] THIS TIME IS THE OTHER WAY AROUND...REINSTATEMENT FOR SECURITY AND STABILITY...CBI IS MOVING FORWARD AND IMO NEXT WEEK SHOULD BE SOOOOOOOO HOT...
11-15-2019 Intel Guru MarkZ [via PDK] [Do you expect 800 numbers by this weekend?] Based on overseas appointments, sources and intel…i hope we see them by tomorrow. Redemption Center people...are usually just on call during the weekend…but this weekend they are told they will be working...I take that as a very good sign. I am looking for a very busy weekend... I still think we are in a golden spot, in a perfect storm for this to happen at anytime. IMO.
11-15-2019 Newshound/Intel Guru Mnt Goat ...this currency auctions reform is not going to go away either unless they address it and do it very soon. No- they don’t need the protesting to end prior to ending the currency auctions. All they need to so is continue with the project to delete the zeros, pop out the new promised rate and move forward with the reinstatement. Certainly pressure from the US is going to let them do it now. [post 2 of 2]
11-15-2019 Newshound/Intel Guru Mnt Goat Article: "UN EFFORTS TO PRESS THE GOVERNMENT TO ADOPT MAJOR REFORMS WITHIN THREE MONTHS TO FACE THE PROTESTS" Just so you know…stopping the currency auctions is one of these “major” reforms they are talking about [in] this article... They can give money to housing units that are unfinished and even improve roads, etc,, but this one they can’t escape. Seems so far, all the “reforms” they promised are like bribes just to shut the protestors up...Oh – but it’s not going to work this time. [post 1 of 2....stay tuned]
11-15-2019 Newshound Guru Vital Brad IMO Iraq’s currency, they’re gonna come out of their war torn status. They’re working on it and their currency will be reinstated…we’re in an amazing position. Come second quarter next year. I’m feeling really good about that time frame.
11-15-2019 Intel Guru Frank26 [via Iobey777] LET'SEE WHAT HAPPENS ON THE WEEKEND...NEXT WEEK I SEE THAT GOV'T COMPLETELY STRIPPED...THIS WEEKEND, I SEE THE CBI TALKING... IMO...I'VE ALWAYS TOLD YOU IT WOULD BE ON A SUNDAY...REMEMBER I TOLD YOU THAT A LONG TIME AGO...SO IF SUNDAY COMES AND ALL THE BANKS ARE CLOSED..THEN MONDAY WOULD BE THE LOGICAL TIME TO MAKE AN ANNOUNCEMENT...WE'LL SEE WHAT HAPPENS...
11-15-2019 Intel Guru MarkZ [via PDK] [Do you expect 800 numbers by this weekend?] Based on overseas appointments, sources and intel…i hope we see them by tomorrow. Redemption Center people...are usually just on call during the weekend…but this weekend they are told they will be working...I take that as a very good sign. I am looking for a very busy weekend... I still think we are in a golden spot, in a perfect storm for this to happen at anytime. IMO.
11-15-2019 Newshound/Intel Guru Mnt Goat ...this currency auctions reform is not going to go away either unless they address it and do it very soon. No- they don’t need the protesting to end prior to ending the currency auctions. All they need to so is continue with the project to delete the zeros, pop out the new promised rate and move forward with the reinstatement. Certainly pressure from the US is going to let them do it now. [post 2 of 2]
11-15-2019 Newshound/Intel Guru Mnt Goat Article: "UN EFFORTS TO PRESS THE GOVERNMENT TO ADOPT MAJOR REFORMS WITHIN THREE MONTHS TO FACE THE PROTESTS" Just so you know…stopping the currency auctions is one of these “major” reforms they are talking about [in] this article... They can give money to housing units that are unfinished and even improve roads, etc,, but this one they can’t escape. Seems so far, all the “reforms” they promised are like bribes just to shut the protestors up...Oh – but it’s not going to work this time. [post 1 of 2....stay tuned]
11-15-2019 Newshound Guru Vital Brad IMO Iraq’s currency, they’re gonna come out of their war torn status. They’re working on it and their currency will be reinstated…we’re in an amazing position. Come second quarter next year. I’m feeling really good about that time frame.
11-15-2019 Intel Guru Frank26 [via Iobey777] LET'SEE WHAT HAPPENS ON THE WEEKEND...NEXT WEEK I SEE THAT GOV'T COMPLETELY STRIPPED...THIS WEEKEND, I SEE THE CBI TALKING... IMO...I'VE ALWAYS TOLD YOU IT WOULD BE ON A SUNDAY...REMEMBER I TOLD YOU THAT A LONG TIME AGO...SO IF SUNDAY COMES AND ALL THE BANKS ARE CLOSED..THEN MONDAY WOULD BE THE LOGICAL TIME TO MAKE AN ANNOUNCEMENT...WE'LL SEE WHAT HAPPENS...
11-14-2019 Intel Guru MarkZ [Will the banks take a fee for exchanging us?] I hear that the fee is already built into the exchange... pre-negotiated...and we won’t even see it on our end…
11-14-2019 Newshound/Intel Guru RVAlready IMO, CBI needs to implement the RV and stop the auctions right away. Then they can hold elections and replace the corrupt.
11-14-2019 Intel Guru Frank26 There are meetings going on and they’re very powerful meetings and they’re continuous meetings and they are the right meetings. The IMF, US Treasury and the CBI are in constant communication within the last few days. They have small delegations that represent both sides, talk, and then they meet again…the links are all meeting up very nicely…it’s a constant thing we’ve been seeing over the last few days…
11-14-2019 Intel Guru MarkZ The news is all over the place…but imo it’s all good...I believe we are absolutely in the middle of the exchange process. We just do not know what the entire process is…My Redemption contacts today believe...800 numbers late this evening...It is all coming together guys…we are in the perfect window...
11-14-2019 Newshound Guru Jeff Article “Sources talk about the formation of the first Iraqi government without parties” …Mahdi’s gonna replace the entire cabinet between now through December with non-biased parties… Quote “Mahdi is about to announce a cabinet reshuffle for his entire cabinet…all new faces do not belong to any party…the cabinet includes many young graduates and three women. Mahdi plans to submit the names to parliament in three stages. The last of which will end in early December…”
11-14-2019 Newshound/Intel Guru Mnt Goat Demonstrators in Tahrir Square in central Baghdad on Wednesday issued a statement calling for a million-strong demonstration on Friday Nov 15th and the dismissal of the government of "snipers" in reference to the government of Iraq and the shooting of innocent civilians. ...so here we sit and more than a month already of protesting. Like I told everyone the protestors are only going to get stronger and stronger as time passed if reforms are not completed according to their demands.
11-14-2019 Newshound/Intel Guru RVAlready IMO, CBI needs to implement the RV and stop the auctions right away. Then they can hold elections and replace the corrupt.
11-14-2019 Intel Guru Frank26 There are meetings going on and they’re very powerful meetings and they’re continuous meetings and they are the right meetings. The IMF, US Treasury and the CBI are in constant communication within the last few days. They have small delegations that represent both sides, talk, and then they meet again…the links are all meeting up very nicely…it’s a constant thing we’ve been seeing over the last few days…
11-14-2019 Intel Guru MarkZ The news is all over the place…but imo it’s all good...I believe we are absolutely in the middle of the exchange process. We just do not know what the entire process is…My Redemption contacts today believe...800 numbers late this evening...It is all coming together guys…we are in the perfect window...
11-14-2019 Newshound Guru Jeff Article “Sources talk about the formation of the first Iraqi government without parties” …Mahdi’s gonna replace the entire cabinet between now through December with non-biased parties… Quote “Mahdi is about to announce a cabinet reshuffle for his entire cabinet…all new faces do not belong to any party…the cabinet includes many young graduates and three women. Mahdi plans to submit the names to parliament in three stages. The last of which will end in early December…”
11-14-2019 Newshound/Intel Guru Mnt Goat Demonstrators in Tahrir Square in central Baghdad on Wednesday issued a statement calling for a million-strong demonstration on Friday Nov 15th and the dismissal of the government of "snipers" in reference to the government of Iraq and the shooting of innocent civilians. ...so here we sit and more than a month already of protesting. Like I told everyone the protestors are only going to get stronger and stronger as time passed if reforms are not completed according to their demands.
11-13-2019 Intel Guru Frank26 IMO there is only so much time left for what I call a ‘receipts schedule’…watch once again but this time watch the reinstatement and the CBI travel at a much faster speed than we have ever seen…this receipt schedule is not a piece of paper. It’s a date. Were the lower denoms delivered? Oh, hell yes! IMO they were delivered…Allaq is still pounding for a suitable environment…watch the speed of return…
11-13-2019 Intel Guru MarkZ [via PDK] [What happened to China taking over?] I think they are very much at the helm…but not completely taken over…they still need the US…. and that’s why things are moving now... At redemption centers…they are ramped up and expecting a long weekend of exchanging folks. I really think we are going to see it in the next few days at our level. Noone knows the exact date...all we can do is guess based on sources, intel and world news.
11-13-2019 Newshound Guru Adam Montana The good news is that I see lots of good reasons to come back with more updates before next Wednesday... It looks like the protest situation is coming to a head, all while budgetary and other government issues are also moving forward. The US is putting pressure on Iraq to do something about the protests, which really means the US is putting pressure on Iraq to get their butts in gear...the Iraqis are grumbling about "US interference", but the fact of the matter is this: if the US is putting pressure on them, they are going to do something. And they are going to do something that moves Iraq in the direction we want, and it's not going to drag out forever. Personally, I see that as a positive sign and I'm looking forward to the next week... We are looking at a positive situation, friends. I'll be back with more as it develops - hopefully even before the weekend, if the rumors I'm hearing are correct. This can all come to a head very quickly.
11-13-2019 Intel Gurus Walkingstick & Frank26 A ultimatum has been issued. A warning to Mahdi from the United Nations…that within the next couple of days-weeks to meet all the demands of the protesters and stop firing on them because “daddy” is home. ‘Hey, elite Iranian forces make our day because our troops are watching every move you make as of now.’ …[Guru Walkingstick] You know who is asking the United Nations to do this? We are. No Sir. It’s the Iraqi people. [Guru] Frank you understand the importance of that? We’re not infidels we’re heroes. This is brilliant! …this is very unique because they are asking us to come into their country and that has not happened since God knows when…
11-13-2019 Newshound Guru Vital Brad ...parliament met on Sunday and passed new election laws…it lowers the age to be president down to 25 and lowered the number of house of representatives…they want to get the corrupt government [out]…There was still a lot of protesters blocking roads, blocking bridges. They’re still not happy. Nothing really happened to change their circumstances…There’s a lot in the dinar community that believe this revaluation is gonna happen any time now and that’s the key that these Iraq people are wanting and missing is some wealth. They’ve been stripped of everything since the war…if their currency was reinstated that would change everything…some people are saying November is a very good window for this to happen and they’ve met all the requirements so realistically it could happen any time…
11-13-2019 Intel Guru Frank26 IMO an ultimatum has been given to Mahdi because as of Sunday United States troops are now in Iraq in strategic positions providing security. They are starting in the green zone and they are also protecting the banks in the green zone. They’re protecting the CBI. The troops are also doing one other thing. Protecting the citizens of Iraq…U.S. troops are looking at Mahdi. Looking at Mahdi’s forces to keep them in check…So he [Trump] moved the troops like a chess piece…Mahdi you had a chance and blew it. Now we’re going to give you one more chance. Give those people what they are asking for. NOW.
11-13-2019 Newshound Guru Jeff Article “Secretariat of Council of Ministers: Adding allocations for reform packages to the budget of 2020 without moving the doors” …I have an article that tells you the reforms are in the 2020 budget. That’s huge…remember most of the major reforms are post rate change steps…notice how I told you the rate cannot change until after the 2020 budget because of what’s inside of it. This is huge. I hope you’re seeing how important the 2020 budget is…they’re telling you from many different angles how important this budget is and how much post rate change money is inside the 2020 budget.
11-13-2019 Intel Guru MarkZ [via PDK] [What happened to China taking over?] I think they are very much at the helm…but not completely taken over…they still need the US…. and that’s why things are moving now... At redemption centers…they are ramped up and expecting a long weekend of exchanging folks. I really think we are going to see it in the next few days at our level. Noone knows the exact date...all we can do is guess based on sources, intel and world news.
11-13-2019 Newshound Guru Adam Montana The good news is that I see lots of good reasons to come back with more updates before next Wednesday... It looks like the protest situation is coming to a head, all while budgetary and other government issues are also moving forward. The US is putting pressure on Iraq to do something about the protests, which really means the US is putting pressure on Iraq to get their butts in gear...the Iraqis are grumbling about "US interference", but the fact of the matter is this: if the US is putting pressure on them, they are going to do something. And they are going to do something that moves Iraq in the direction we want, and it's not going to drag out forever. Personally, I see that as a positive sign and I'm looking forward to the next week... We are looking at a positive situation, friends. I'll be back with more as it develops - hopefully even before the weekend, if the rumors I'm hearing are correct. This can all come to a head very quickly.
11-13-2019 Intel Gurus Walkingstick & Frank26 A ultimatum has been issued. A warning to Mahdi from the United Nations…that within the next couple of days-weeks to meet all the demands of the protesters and stop firing on them because “daddy” is home. ‘Hey, elite Iranian forces make our day because our troops are watching every move you make as of now.’ …[Guru Walkingstick] You know who is asking the United Nations to do this? We are. No Sir. It’s the Iraqi people. [Guru] Frank you understand the importance of that? We’re not infidels we’re heroes. This is brilliant! …this is very unique because they are asking us to come into their country and that has not happened since God knows when…
11-13-2019 Newshound Guru Vital Brad ...parliament met on Sunday and passed new election laws…it lowers the age to be president down to 25 and lowered the number of house of representatives…they want to get the corrupt government [out]…There was still a lot of protesters blocking roads, blocking bridges. They’re still not happy. Nothing really happened to change their circumstances…There’s a lot in the dinar community that believe this revaluation is gonna happen any time now and that’s the key that these Iraq people are wanting and missing is some wealth. They’ve been stripped of everything since the war…if their currency was reinstated that would change everything…some people are saying November is a very good window for this to happen and they’ve met all the requirements so realistically it could happen any time…
11-13-2019 Intel Guru Frank26 IMO an ultimatum has been given to Mahdi because as of Sunday United States troops are now in Iraq in strategic positions providing security. They are starting in the green zone and they are also protecting the banks in the green zone. They’re protecting the CBI. The troops are also doing one other thing. Protecting the citizens of Iraq…U.S. troops are looking at Mahdi. Looking at Mahdi’s forces to keep them in check…So he [Trump] moved the troops like a chess piece…Mahdi you had a chance and blew it. Now we’re going to give you one more chance. Give those people what they are asking for. NOW.
11-13-2019 Newshound Guru Jeff Article “Secretariat of Council of Ministers: Adding allocations for reform packages to the budget of 2020 without moving the doors” …I have an article that tells you the reforms are in the 2020 budget. That’s huge…remember most of the major reforms are post rate change steps…notice how I told you the rate cannot change until after the 2020 budget because of what’s inside of it. This is huge. I hope you’re seeing how important the 2020 budget is…they’re telling you from many different angles how important this budget is and how much post rate change money is inside the 2020 budget.
11-13-2019 *** Dinar Guru Dinar Rate UPDATE *** Yesterday's CBI rate update has the official exchange rate back within 2% of the market rate! The rates were outside of the "2% rule" for 3 days. [Reference Dinar Guru Update on 11-11-2019 below for details]. It's unclear if 3 days is enough to knock the dinar out of compliance or not. At this point the gurus don't know if the IMF rules require a daily "within 2% spread" for compliance or if it's based on a weekly or monthly average. The dinar has been in compliance for over a year in a half before this 3 day slide. Stay tuned as the gurus chime in on how all this works and the significance of this dinar development. [You can always see the latest CBI reported market and official rate on the left of this page.] The latest guru post will continue below...
11-12-2019 Intel Guru MarkZ [via PDK] We are still being told the currencies we have will all be in the first basket... The big winners I am told of course are iran, Iraq, Indonisia, VND and Zim...According to all my banking sources we have been on the verge of “go” all day…this is from all of my banking sources…the expectation was it should have been out the door this morning but due to a security concern at one location…it wasn’t. They were just told they could go home tonight…but be on standby to come back in...We are on a minute to minute watch right now.
11-12-2019 Intel Guru Frank26 …some guru told you that they’re off of compliance by 2%. Look, I’m sorry, ye of little knowledge. The 2% compliance can fluctuate plus or minus even up to about 3 days in both directions. So about a week of fluctuations is normal…the auctions did the same thing but they came back very quickly. No problems…as far as redoing the compliance for 90 days that’s guru BS. Even under these circumstances of demonstrations and killings the CBI was still able to keep the exchange rate stable. That’s important…do you think they have proved to the IMF that they can maintain a 2% compliance variance? Of course they can. Just because they went off the 2% for a day or two that doesn’t mean anything. They’re not gonna have to start over…
11-12-2019 Intel/Newshound Guru tman23 I posted, early October that I was told November 13 was said ... planned to be the biggest movement of wealth in world history... I also didn’t want to tie it to dinar but was hopeful that the possibility existed... I wait to see what happens tomorrow too...but only reason I posted it is ... very credible person and it wasn’t dinar related... I’m hoping for everyone that there is a connection.
11-12-2019 Newshound/Intel Guru Mnt Goat Article quote: "Iraqi Prime Minister Adel Abdul Mahdi said on last Tuesday his government would not respond to demonstrators’ demands to resign without a “smooth and swift” alternative." ...the prime minister of Iraq Mahdi, has not left his position... The recent news from Iraq told us Mahdi would and could accept a peaceful transition to a new PM for the sake of keep law and order...Mahdi also spelled out the conditions under which he would resign...Then Mutada al-Sadr has even come out and said he would prefer NOT to hold re-elections...But you can see the frustration of the demonstrators and why they might want this resignation as an alternative to what they now have...But he is NOT the real cause of Iranian influence in Iraq.
11-12-2019 Newshound Guru chattels Article: "BAGHDAD/ NINA/The exchange rate of the dollar fell on the stock market struggle and local markets today." Quote: "Selling and buying prices in banking shops: selling price of the dollar = 121.750 dinars. The purchase price of the dollar = 120.250 dinars" "selling price of the dollar = 121.750 dinars" is not in compliance with the 2% variance calculation between the market rate and the official rate. [You can always see the latest CBI reported market and official rate on the left of this page.]
11-12-2019 Newshound Guru Jeff Yesterday Iraq’s parliament completed the Election Law. That’s the first real step that they’ve actually been able to complete in the way of reforms for the citizens due to the demonstrations. What they’ve done through the Election Law is it only pertains to their Parliament. They’ve reduced the number of seats from 329 down to 213 seats within parliament and they’ve reduced the age of nominees down to 25. Overall that’s going to work to satisfy the demonstrators to a small extent. They’re calling this reforms. In a way it’s kind of sad but this so far is the best item that they have actually been able to offer…you can clearly see their [parliament and the GOI] hands are tied and they’re waiting on that rate change...
11-12-2019 Intel Guru MarkZ [via PDK] [When would it best help Trump politically to release GCR— Seems pre-Christmas shopping period is prime time for boosting economy with GCR...] I agree that NOW is the Prime Time to release it
11-12-2019 Intel Guru Frank26 …some guru told you that they’re off of compliance by 2%. Look, I’m sorry, ye of little knowledge. The 2% compliance can fluctuate plus or minus even up to about 3 days in both directions. So about a week of fluctuations is normal…the auctions did the same thing but they came back very quickly. No problems…as far as redoing the compliance for 90 days that’s guru BS. Even under these circumstances of demonstrations and killings the CBI was still able to keep the exchange rate stable. That’s important…do you think they have proved to the IMF that they can maintain a 2% compliance variance? Of course they can. Just because they went off the 2% for a day or two that doesn’t mean anything. They’re not gonna have to start over…
11-12-2019 Intel/Newshound Guru tman23 I posted, early October that I was told November 13 was said ... planned to be the biggest movement of wealth in world history... I also didn’t want to tie it to dinar but was hopeful that the possibility existed... I wait to see what happens tomorrow too...but only reason I posted it is ... very credible person and it wasn’t dinar related... I’m hoping for everyone that there is a connection.
11-12-2019 Newshound/Intel Guru Mnt Goat Article quote: "Iraqi Prime Minister Adel Abdul Mahdi said on last Tuesday his government would not respond to demonstrators’ demands to resign without a “smooth and swift” alternative." ...the prime minister of Iraq Mahdi, has not left his position... The recent news from Iraq told us Mahdi would and could accept a peaceful transition to a new PM for the sake of keep law and order...Mahdi also spelled out the conditions under which he would resign...Then Mutada al-Sadr has even come out and said he would prefer NOT to hold re-elections...But you can see the frustration of the demonstrators and why they might want this resignation as an alternative to what they now have...But he is NOT the real cause of Iranian influence in Iraq.
11-12-2019 Newshound Guru chattels Article: "BAGHDAD/ NINA/The exchange rate of the dollar fell on the stock market struggle and local markets today." Quote: "Selling and buying prices in banking shops: selling price of the dollar = 121.750 dinars. The purchase price of the dollar = 120.250 dinars" "selling price of the dollar = 121.750 dinars" is not in compliance with the 2% variance calculation between the market rate and the official rate. [You can always see the latest CBI reported market and official rate on the left of this page.]
11-12-2019 Newshound Guru Jeff Yesterday Iraq’s parliament completed the Election Law. That’s the first real step that they’ve actually been able to complete in the way of reforms for the citizens due to the demonstrations. What they’ve done through the Election Law is it only pertains to their Parliament. They’ve reduced the number of seats from 329 down to 213 seats within parliament and they’ve reduced the age of nominees down to 25. Overall that’s going to work to satisfy the demonstrators to a small extent. They’re calling this reforms. In a way it’s kind of sad but this so far is the best item that they have actually been able to offer…you can clearly see their [parliament and the GOI] hands are tied and they’re waiting on that rate change...
11-12-2019 Intel Guru MarkZ [via PDK] [When would it best help Trump politically to release GCR— Seems pre-Christmas shopping period is prime time for boosting economy with GCR...] I agree that NOW is the Prime Time to release it
11-11-2019 **** Dinar Guru Update **** Guru Kaperoni's report has now been confirmed by the official rates reported by Central Bank of Iraq. It appears the market rate and the official rate for the Iraqi dinar are now out of compliance with the IMF "2% rule". This rule requires the market rate to remain within 2% of the official rate for 90 days before the dinar can be considered for Article VIII. Kaperoni and other gurus believe Article VIII brings international banking acceptance. The last report has the two rates are ~2.3% apart. It's unclear if the IMF rules require a daily "within 2% spread compliance" or if it's based on a weekly or monthly average. The dinar has been in compliance for over a year in a half. Stay tuned as the gurus chime in on the significance of this dinar development. [You can always see the latest CBI reported market and official rate on the left of this page.] The latest guru post will continue below...
11-11-2019 Intel Guru Delta ...IQD EXCHANGE RATE IN MARKET IS DROPPING LIKE BEFORE. IT WAS...1218. NOW 20 MINUTES AGO...1205-1207 IQD PER $ ...GOOD JOB CBI... [Where is this info Delta? I can't find it.] FROM IRAQI MARKET...YOU WILL SEE IT PROBABLY LATER TODAY. [Note the official CBI market rate has not updated yet ...You can see the official CBI market rate on the left side of this page.]
11-11-2019 Newshound/Intel Guru Mnt Goat ...As investors we should not be in such a hurry to see Mahdi go. Think, think, think of the negative as well as the positive ramifications. Mahdi resigning is NOT a good thing. It could lead to yet another vacuum and only make things worse for Iraq and us investors. Do you want the RV sooner than later?...
11-11-2019 Intel Guru MarkZ [via PDK] [Any news on rates for the dong.] Hearing that the rates is still rumored to be around .45 for street/in-country rate and up to $2 or so for the contract rate.
11-11-2019 Newshound Guru MilitiaMan The MR's have to get done...And now that appears to be the case they will...don't let the GOI issues reflect against the CBI. My view is Mahdi and the Finance Minister may have finally given Alaq the green light... They cannot afford to lose control of the internal fluctuations in the exchange rate going south any more than what it has. So all things interlinked imo bodes so very well for us..imo. [post 2 of 2]
11-11-2019 Newshound Guru MilitiaMan The Finance Minister, Alaq and Mahdi in the same room for what? We all know what the implications are. They are talking money and how that will effect the demands of the citizens and their purchasing power...imo. The timing of it is no coincidence imo...The CBI probably told the Finance Minister and Mahdi to get the lead out...they all know that this should have been done a along time ago...and now they apparently know they painted them selves into a corner and the demonstrations proved it. [post 1 of 2....stay tuned]
11-11-2019 Intel Guru MarkZ [via PDK] I have people all over the world…Zurich, Hong Kong and Reno are all positioned and expecting to go in today…they also expect us to see 800 numbers sometime today or tomorrow. Yesterday Iraq was supposed to vote on the HCL bill…I have been unable to verify if they did yet. Dinar rumored rate is $3.91 to $4 in-country ...$8to $8.20 Contract rate is the most consistent rumor I am hearing. [...do you really think we will see this in November?] I thought we would see it in October... I think it could happen at anytime according to sources…
11-11-2019 Newshound/Intel Guru RVAlready As the RV cannot be announced in advance, the info you are looking for will not be announced in advance. We will probably know nothing until 800 numbers are released. Or until CBI makes a public announcement.
11-11-2019 Newshound Guru Jeff …They’re putting the last piece of the puzzle together which is that 2020 budget. Now who’s in charge? The person in charge is going to have an agenda. And how does this benefit them? …who poured trillions of dollars into Iraq? Who shed blood for Iraq? …Donald Trump must be in charge. What’s his agenda? How does he gain from this? Well he is rerunning for president. What’s his political theme? …A strong economy…the revaluation just injects billions of dollars into our pockets and back into our economy that promotes Trump…
11-11-2019 Newshound Guru MilitiaMan Article: "Parliamentary Economic: The 2020 budget includes unprecedented reform clauses" I like the way they translate things... lol... The incomplete budget law for 2020 until now...In other words it is now complete. I'll bet the meeting with the KRI talking about PERMANENT REVENUE SHARING could fall under the category of unprecedented reform clauses,e.e., read HCL...My best guess is it is apart of it. The now completed 2020 Budget was scheduled to be completed with out disruption. Imagine that? Wow! From the sounds of things the attendance was stellar today... Many things lining up and even in some areas cooling off...imo..
11-11-2019 Newshound/Intel Guru Mnt Goat ...As investors we should not be in such a hurry to see Mahdi go. Think, think, think of the negative as well as the positive ramifications. Mahdi resigning is NOT a good thing. It could lead to yet another vacuum and only make things worse for Iraq and us investors. Do you want the RV sooner than later?...
11-11-2019 Intel Guru MarkZ [via PDK] [Any news on rates for the dong.] Hearing that the rates is still rumored to be around .45 for street/in-country rate and up to $2 or so for the contract rate.
11-11-2019 Newshound Guru MilitiaMan The MR's have to get done...And now that appears to be the case they will...don't let the GOI issues reflect against the CBI. My view is Mahdi and the Finance Minister may have finally given Alaq the green light... They cannot afford to lose control of the internal fluctuations in the exchange rate going south any more than what it has. So all things interlinked imo bodes so very well for us..imo. [post 2 of 2]
11-11-2019 Newshound Guru MilitiaMan The Finance Minister, Alaq and Mahdi in the same room for what? We all know what the implications are. They are talking money and how that will effect the demands of the citizens and their purchasing power...imo. The timing of it is no coincidence imo...The CBI probably told the Finance Minister and Mahdi to get the lead out...they all know that this should have been done a along time ago...and now they apparently know they painted them selves into a corner and the demonstrations proved it. [post 1 of 2....stay tuned]
11-11-2019 Intel Guru MarkZ [via PDK] I have people all over the world…Zurich, Hong Kong and Reno are all positioned and expecting to go in today…they also expect us to see 800 numbers sometime today or tomorrow. Yesterday Iraq was supposed to vote on the HCL bill…I have been unable to verify if they did yet. Dinar rumored rate is $3.91 to $4 in-country ...$8to $8.20 Contract rate is the most consistent rumor I am hearing. [...do you really think we will see this in November?] I thought we would see it in October... I think it could happen at anytime according to sources…
11-11-2019 Newshound/Intel Guru RVAlready As the RV cannot be announced in advance, the info you are looking for will not be announced in advance. We will probably know nothing until 800 numbers are released. Or until CBI makes a public announcement.
11-11-2019 Newshound Guru Jeff …They’re putting the last piece of the puzzle together which is that 2020 budget. Now who’s in charge? The person in charge is going to have an agenda. And how does this benefit them? …who poured trillions of dollars into Iraq? Who shed blood for Iraq? …Donald Trump must be in charge. What’s his agenda? How does he gain from this? Well he is rerunning for president. What’s his political theme? …A strong economy…the revaluation just injects billions of dollars into our pockets and back into our economy that promotes Trump…
11-11-2019 Newshound Guru MilitiaMan Article: "Parliamentary Economic: The 2020 budget includes unprecedented reform clauses" I like the way they translate things... lol... The incomplete budget law for 2020 until now...In other words it is now complete. I'll bet the meeting with the KRI talking about PERMANENT REVENUE SHARING could fall under the category of unprecedented reform clauses,e.e., read HCL...My best guess is it is apart of it. The now completed 2020 Budget was scheduled to be completed with out disruption. Imagine that? Wow! From the sounds of things the attendance was stellar today... Many things lining up and even in some areas cooling off...imo..
11-10-2019 Intel Guru Frank26 ...in my opinion there’s only so much time left for what we call a receipt schedule therefore in my opinion now watch once again but this time WATCH...the reinstatement and the CBI travel at a much faster SPEED than we have ever seen...
11-10-2019 Intel Guru Delta [reference Guru Delta post 11-10-2019, below] ...LET ME EXPLAIN...THERE IS SOME REFORMS THAT WILL TAKE TIME BECAUSE THEY DEAL WITH CONSTITUTION. BUT AS FAR AS REFORM THAT DEAL WITH MONETARY POLICY WILL NOT TAKE THAT LONG...IMO...MR IS READY TO GO...
11-10-2019 Newshound Guru MilitiaMan Reforms are slated to be addressed as early as tomorrow... I'll be oh so very watchful over the next couple of days. I have not seen any postponement yet on the Fair. If you recall there is an annual conference in Great Britain on 12/08/2019 with many and more of the names above. If the Fair on the 11th is to be successful ahead of that one in GB, they'll need reforms in the bag by then for those attending on the 11th...We shall see. imo. [post 2 of 2]
11-10-2019 Newshound Guru MilitiaMan I am not sure there is the Baghdad Fair starting on Monday or not. They had it scheduled for the first and the put the 11th on the time line. ...Well there are some heavy hitters that were in the KRI (Kurdistan Region) talking business and what stands out are a few things. 1) Security, 2) Electricity, 3) Accounting and auditing, 4) PERMANENT REVENUE SHARING and they are to continue onto Baghdad. All of this during the demonstrations having been on going. Investors of the caliber they mention are GLOBAL... [post 1 of 2....stay tuned]
11-10-2019 Newshound Guru Kaperoni Latest CBI reporting on the Market Rate is 1218. This is as of Nov 6. No new updates yet. This number is out of compliance. Unofficial media today reports the spread as back in compliance. Keep an eye on the reported Market Rate as reported by the CBI... [You can always see the latest CBI reported market and official rate on the left of this page.]
11-10-2019 Intel Guru Delta ...ALAQ AND FINANCIAL MINISTER WITH MAHDI...IMO...GATE IS ABOUT TO OPEN...
11-10-2019 Newshound Guru Kaperoni [via Zig] [Kap,Can the CBI decide to float the currency without them being in Article 8 first?...] Yes. They can change exchange rate regimes anytime they want... But I don't expect them to get off the peg until they have significant capital coming in to invest... As for Article VIII if the IMF is going to be a stickler they could make them start over and wait 90 days once in compliance again... Because that is clearly in writing in the IMF charter that once you meet the 2% rule you have to hold it for 90 days... So if the spread is now what they say it is and the CBI reports it as such it appears we're in for a wait.
11-10-2019 Intel Guru Delta [reference Guru Delta post 11-10-2019, below] ...LET ME EXPLAIN...THERE IS SOME REFORMS THAT WILL TAKE TIME BECAUSE THEY DEAL WITH CONSTITUTION. BUT AS FAR AS REFORM THAT DEAL WITH MONETARY POLICY WILL NOT TAKE THAT LONG...IMO...MR IS READY TO GO...
11-10-2019 Newshound Guru MilitiaMan Reforms are slated to be addressed as early as tomorrow... I'll be oh so very watchful over the next couple of days. I have not seen any postponement yet on the Fair. If you recall there is an annual conference in Great Britain on 12/08/2019 with many and more of the names above. If the Fair on the 11th is to be successful ahead of that one in GB, they'll need reforms in the bag by then for those attending on the 11th...We shall see. imo. [post 2 of 2]
11-10-2019 Newshound Guru MilitiaMan I am not sure there is the Baghdad Fair starting on Monday or not. They had it scheduled for the first and the put the 11th on the time line. ...Well there are some heavy hitters that were in the KRI (Kurdistan Region) talking business and what stands out are a few things. 1) Security, 2) Electricity, 3) Accounting and auditing, 4) PERMANENT REVENUE SHARING and they are to continue onto Baghdad. All of this during the demonstrations having been on going. Investors of the caliber they mention are GLOBAL... [post 1 of 2....stay tuned]
11-10-2019 Newshound Guru Kaperoni Latest CBI reporting on the Market Rate is 1218. This is as of Nov 6. No new updates yet. This number is out of compliance. Unofficial media today reports the spread as back in compliance. Keep an eye on the reported Market Rate as reported by the CBI... [You can always see the latest CBI reported market and official rate on the left of this page.]
11-10-2019 Intel Guru Delta ...ALAQ AND FINANCIAL MINISTER WITH MAHDI...IMO...GATE IS ABOUT TO OPEN...
11-10-2019 Newshound Guru Kaperoni [via Zig] [Kap,Can the CBI decide to float the currency without them being in Article 8 first?...] Yes. They can change exchange rate regimes anytime they want... But I don't expect them to get off the peg until they have significant capital coming in to invest... As for Article VIII if the IMF is going to be a stickler they could make them start over and wait 90 days once in compliance again... Because that is clearly in writing in the IMF charter that once you meet the 2% rule you have to hold it for 90 days... So if the spread is now what they say it is and the CBI reports it as such it appears we're in for a wait.
11-9-2019 Newshound Guru Vital Brad …we hold Iraq’s currency. We want to see Iraq doing well. We want it. We don’t want to see protests. We don’t want to see violence. We want to see them standing on their own two feet. And they’re working through that. Change is happening. As their country improves and times goes on their currency is going to be an included world currency…
11-9-2019 Newshound/Intel Guru Mnt Goat ...They also need to convert the economy so that the banks could make revenue by other banking practices and ween off the currency auctions as their sole source of revenue... I will not get into the necessity to get rid of Iranian influence. ...So, here we sit and wait and wait. Will these demonstrations pan out for us investors? Will this finally be the breaking point of these corrupt officials to give up the currency? ...We can pray that this is the final straw that will break the camels back. [post 2 of 2]
11-9-2019 Newshound/Intel Guru Mnt Goat ...they know exactly what must get done but the corruption is so high in the government they can not ever execute on it at the level they need to make any real progress...So, my point is - they need to kick off the currency reform, get rid of the currency auctions and openly trade their currency on the global markets. They know it and we know it. So why has it not yet been done? It is way overdue! I don’t want to sound like a broken record but there are billions of $$$ being make off of NOT doing the currency reform. [post 1 of 2....stay tuned]
11-9-2019 Newshound Guru MilitiaMan Article: "The government agrees to open a consulate in the US state of 100,000 Iraqis" Quote: "The US State Department on Thursday approved the opening of a consulate-general in Texas to provide consular services to more than 100,000 Iraqis." Interesting there were many things associated to Iraq out of Texas, since I have been in this.. Currency comes to mind too. hmm.. I wonder if reforms to come will have much to do with this coming about?
11-9-2019 Intel Guru Frank26 ....seven times I think Allaq has come out in the last twenty-three days to talk to the citizens about the reinstatement of the Iraqi dinar and about lifting the zeros from their exchange rate, about the smaller notes…
11-9-2019 Newshound Guru Jeff Don’t forget I have strongly suggested to you that Donald Trump is definitely in charge of all this…It’s the US government that actually poured trillions of dollars into the country of Iraq and the US is the one that shed blood for Iraq. So really the U.S. is in charge not so much the IMF and World Bank. They may have a little say but not on timing. IMO the timing of this is all dictated and directed by the Trump Administration and I will promise you that he’s gonna use the timing of the rate change to benefit his political gain…seven to eight months before the US November elections…it’s all unfolding right before your eyes.
11-9-2019 Newshound/Intel Guru Mnt Goat ...They also need to convert the economy so that the banks could make revenue by other banking practices and ween off the currency auctions as their sole source of revenue... I will not get into the necessity to get rid of Iranian influence. ...So, here we sit and wait and wait. Will these demonstrations pan out for us investors? Will this finally be the breaking point of these corrupt officials to give up the currency? ...We can pray that this is the final straw that will break the camels back. [post 2 of 2]
11-9-2019 Newshound/Intel Guru Mnt Goat ...they know exactly what must get done but the corruption is so high in the government they can not ever execute on it at the level they need to make any real progress...So, my point is - they need to kick off the currency reform, get rid of the currency auctions and openly trade their currency on the global markets. They know it and we know it. So why has it not yet been done? It is way overdue! I don’t want to sound like a broken record but there are billions of $$$ being make off of NOT doing the currency reform. [post 1 of 2....stay tuned]
11-9-2019 Newshound Guru MilitiaMan Article: "The government agrees to open a consulate in the US state of 100,000 Iraqis" Quote: "The US State Department on Thursday approved the opening of a consulate-general in Texas to provide consular services to more than 100,000 Iraqis." Interesting there were many things associated to Iraq out of Texas, since I have been in this.. Currency comes to mind too. hmm.. I wonder if reforms to come will have much to do with this coming about?
11-9-2019 Intel Guru Frank26 ....seven times I think Allaq has come out in the last twenty-three days to talk to the citizens about the reinstatement of the Iraqi dinar and about lifting the zeros from their exchange rate, about the smaller notes…
11-9-2019 Newshound Guru Jeff Don’t forget I have strongly suggested to you that Donald Trump is definitely in charge of all this…It’s the US government that actually poured trillions of dollars into the country of Iraq and the US is the one that shed blood for Iraq. So really the U.S. is in charge not so much the IMF and World Bank. They may have a little say but not on timing. IMO the timing of this is all dictated and directed by the Trump Administration and I will promise you that he’s gonna use the timing of the rate change to benefit his political gain…seven to eight months before the US November elections…it’s all unfolding right before your eyes.
11-8-2019 Newshound Guru Vital Brad Article “Abdul Mahdi: We are working to find a budget capable of managing the economy correctly and increase the non-oil resources” …the nice things about the budget, when they put that out you can see the numbers and if there’s gonna be a rate change…then they may factor in funds at a different rate…
11-8-2019 Newshound Guru Kaperoni ...I've said it before if Iraq goes to a 1 to $1 rate overnight it's going to be a LOP. We obviously do not want to see that happen. What we do want to see happen is an increase in investment to coincide with the market economy causing inflationary pressure for the CBI to float the currency.
11-8-2019 Newshound Guru Vital Brad …some people are saying that, If we bought the currency at a Currency Dealer vs. got it at a Bank that one of them is not gonna be accepted. The currency, if you have valid currency, it was ran through a De La Rue machine. This is a specific machine and it can be verified if it’s authentic…there’s no way to differentiate whether you got it at the bank or whether you got it at a currency dealer...I think at some point in time the currency is gonna be reinstated…
11-8-2019 Newshound Guru Jeff …Parliament literally is not holding sessions and getting anything credible done because the things they need to do they can’t do until after the rate change…the current facts are telling us that at least right now the next thing we’re looking to see is the completion of the 2020 budget…my personal opinion that shortly after they finish the 2020 budget it’s game over. And the news is showing we probably don’t have anything else to wait for after they complete the 2020 budget. I firmly believe based on the current facts that that will be the last step before they indeed change the rate…
11-8-2019 Newshound Guru MilitiaMan They have been in sessions working on that very topic and again they speak of the 2020 budget being for the citizens and their demands. Those items are slated from now through this weekend...So, lets see how this next 24-72 hours plays out. My best view is they are still right on track with completion of reforms. ...A successful fair will set the stage!! The tools they have in the quiver to create success is the rate change!... [post 2 of 2]
11-8-2019 Newshound Guru MilitiaMan I feel there is still good reason to be very optimistic about a window we may be in...we have been told that the receipts of waiting have been issued, they have time lines with them. We have heard that the delivery of smalls has been done to date. ...The demonstrations have triggered the GOI to get the lead out... They extended the Baghdad Fair for ten days. Well that ten days is up on the 11th...Since we haven't seen another postponement yet in regard to that fair, I am assuming ("") that they have every intention on going forward with it...So, if they do have the Fair, it would seem that the final end of the reforms being an international rate has to be in the bag by now. [post 1 of 2....stay tuned]
11-8-2019 Newshound Guru Kaperoni ...I've said it before if Iraq goes to a 1 to $1 rate overnight it's going to be a LOP. We obviously do not want to see that happen. What we do want to see happen is an increase in investment to coincide with the market economy causing inflationary pressure for the CBI to float the currency.
11-8-2019 Newshound Guru Vital Brad …some people are saying that, If we bought the currency at a Currency Dealer vs. got it at a Bank that one of them is not gonna be accepted. The currency, if you have valid currency, it was ran through a De La Rue machine. This is a specific machine and it can be verified if it’s authentic…there’s no way to differentiate whether you got it at the bank or whether you got it at a currency dealer...I think at some point in time the currency is gonna be reinstated…
11-8-2019 Newshound Guru Jeff …Parliament literally is not holding sessions and getting anything credible done because the things they need to do they can’t do until after the rate change…the current facts are telling us that at least right now the next thing we’re looking to see is the completion of the 2020 budget…my personal opinion that shortly after they finish the 2020 budget it’s game over. And the news is showing we probably don’t have anything else to wait for after they complete the 2020 budget. I firmly believe based on the current facts that that will be the last step before they indeed change the rate…
11-8-2019 Newshound Guru MilitiaMan They have been in sessions working on that very topic and again they speak of the 2020 budget being for the citizens and their demands. Those items are slated from now through this weekend...So, lets see how this next 24-72 hours plays out. My best view is they are still right on track with completion of reforms. ...A successful fair will set the stage!! The tools they have in the quiver to create success is the rate change!... [post 2 of 2]
11-8-2019 Newshound Guru MilitiaMan I feel there is still good reason to be very optimistic about a window we may be in...we have been told that the receipts of waiting have been issued, they have time lines with them. We have heard that the delivery of smalls has been done to date. ...The demonstrations have triggered the GOI to get the lead out... They extended the Baghdad Fair for ten days. Well that ten days is up on the 11th...Since we haven't seen another postponement yet in regard to that fair, I am assuming ("") that they have every intention on going forward with it...So, if they do have the Fair, it would seem that the final end of the reforms being an international rate has to be in the bag by now. [post 1 of 2....stay tuned]
11-7-2019 Intel Guru MarkZ ...no one knew the exact timing of the release, but he himself was on a moment to moment basis. His contacts were reporting that the release was anywhere from it’s already done, to they were waiting for Sun. 10 Nov. when the Iraqi Parliament voted on HCL.
11-7-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQI PRESIDENT BARHAM SALEH SAID ON THURSDAY THAT PRIME MINISTER ADEL ABDUL MAHDI HAD AGREED TO RESIGN" (FYI: but has not yet resigned) ...of course when this announcement was made on Thursday of Mahdi resignation, Iran has stepped in to try to prevent the ouster of Iraqi Prime Minister Abdel Abdul Mahdi by two of Iraq’s most influential figures amid weeks of anti-government demonstrations. Gee whiz who could these two “influential figures” be? Could they be Ameri and Maliki?
11-7-2019 Newshound Guru Kaperoni Looking at the auctions numbers today Iraq has fell out of 2% compliance. I would expect that means the CBI needs to start over, sustain it for another 90 days or more once back in compliance. No IMF Article VIII for a while unfortunately... [NOTE: The CBI's official market rate is still within 2% compliance. You can always see the official CBI rates on the left of this page...The CBI has not updated the market rate since 11/4]
11-7-2019 Newshound/Intel Guru Mnt Goat Article: "US CONGRESSIONAL DELEGATION VISITS IRAQ ON SUNDAY" remember the US still holds OPAC sanctions on Iraq. Iraq will need these to be lifted if the US is going to give permission to go.
11-7-2019 Intel Guru Frank26 …may I now suggest you watch President Trump get more involved in the Middle East…
11-7-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQI PRESIDENT BARHAM SALEH SAID ON THURSDAY THAT PRIME MINISTER ADEL ABDUL MAHDI HAD AGREED TO RESIGN" (FYI: but has not yet resigned) ...of course when this announcement was made on Thursday of Mahdi resignation, Iran has stepped in to try to prevent the ouster of Iraqi Prime Minister Abdel Abdul Mahdi by two of Iraq’s most influential figures amid weeks of anti-government demonstrations. Gee whiz who could these two “influential figures” be? Could they be Ameri and Maliki?
11-7-2019 Newshound Guru Kaperoni Looking at the auctions numbers today Iraq has fell out of 2% compliance. I would expect that means the CBI needs to start over, sustain it for another 90 days or more once back in compliance. No IMF Article VIII for a while unfortunately... [NOTE: The CBI's official market rate is still within 2% compliance. You can always see the official CBI rates on the left of this page...The CBI has not updated the market rate since 11/4]
11-7-2019 Newshound/Intel Guru Mnt Goat Article: "US CONGRESSIONAL DELEGATION VISITS IRAQ ON SUNDAY" remember the US still holds OPAC sanctions on Iraq. Iraq will need these to be lifted if the US is going to give permission to go.
11-7-2019 Intel Guru Frank26 …may I now suggest you watch President Trump get more involved in the Middle East…
11-6-2019 Newshound/Intel Guru Mnt Goat Article: "RESIGNATION OF PRIME MINISTER ADEL ABDUL MAHDI WILL NOT AFFECT THE PASSAGE OF THE 2020 BUDGET" ...this is really good news. Seems the 2020 budget is being held up due to the necessity to include money for govt reforms as per demonstrators demands.
11-6-2019 Newshound Guru Adam Montana ...the exchange rate is stable in spite of the confusion. I can't imagine a more solid argument for Iraq's future than that! WTI oil pricing is stable. The work that was being done hasn't backtracked - it's just paused. Progress made has not been lost - just paused. ...the situation will work itself out, and we'll be back on track shortly...keep your head up and stay positive. This train is still heading the right direction. [post 2 of 2]
11-6-2019 Newshound Guru Adam Montana Iraq isn't in the best possible spot this week...we are nearing a month of protests. Mahdi has promised to resign once a successor is named. They are working on a new election law that will likely eliminate a handful of positions in the GOI, and thereby reduce a bit of the corruption. Bad news - nothing is happening immediately. It appears that things are settling, but realistically this is going to take a couple more weeks. On the positive side... [post 1 of 2....stay tuned]
11-6-2019 Intel Guru Frank26 …Did you notice that these vital signs have not moved? …very stable…we have a country under turmoil, basically under war and it’s fascinating just like [Guru] Delta said that the exchange rate of the dinar in some markets is high. It doesn’t suffer. It’s going up! And then on top of that nothing seems to bother the exchange rate...something so devastating, the loss of lives is not causing any loss in the monetary and in the monetary reform of the Iraqi dinar. Fascinating isn’t it?
11-6-2019 Newshound Guru Jeff Article “President Barzani: Iraqi PM Mahdi needs to be given ‘more changes’ for reform” …this article is so revealing. It screams at you from many angles - rate change. They’re even telling you the steps that are waiting on the rate change right in this article. This was a great article…
11-6-2019 Intel Guru Delta Article: "The results of the window selling foreign currency on Wednesday 2019/11/6 and implemented on Tuesday 5/11/2019" CBI HAVE ANOTHER AUCTION FOR THURSDAY...2 AUCTION IN ONE DAY...THE DOLLAR EXCHANGE RATE IN THE IRAQ MARKET IS GOING VERY HIGH SOME CITIES IS UP TO $1 = 1221 DINARS. IT'S FORCING CBI TO DO 2 AUCTIONS. CBI HAVE TO MOVE FASTER NOW...
11-6-2019 Intel Guru Frank26 firefly77 says announcing agreement has been met today with Barzari in Baghdad to pay the citizens their monthly HCL oil credits...No amount given just deal reached by government to help keep Iraq from going back into chapter 7. If this comes to pass the amount would be over 1 USA dollar from previous agreements…We await to see what unfolds and see if this comes to pass
11-6-2019 Newshound Guru Adam Montana ...the exchange rate is stable in spite of the confusion. I can't imagine a more solid argument for Iraq's future than that! WTI oil pricing is stable. The work that was being done hasn't backtracked - it's just paused. Progress made has not been lost - just paused. ...the situation will work itself out, and we'll be back on track shortly...keep your head up and stay positive. This train is still heading the right direction. [post 2 of 2]
11-6-2019 Newshound Guru Adam Montana Iraq isn't in the best possible spot this week...we are nearing a month of protests. Mahdi has promised to resign once a successor is named. They are working on a new election law that will likely eliminate a handful of positions in the GOI, and thereby reduce a bit of the corruption. Bad news - nothing is happening immediately. It appears that things are settling, but realistically this is going to take a couple more weeks. On the positive side... [post 1 of 2....stay tuned]
11-6-2019 Intel Guru Frank26 …Did you notice that these vital signs have not moved? …very stable…we have a country under turmoil, basically under war and it’s fascinating just like [Guru] Delta said that the exchange rate of the dinar in some markets is high. It doesn’t suffer. It’s going up! And then on top of that nothing seems to bother the exchange rate...something so devastating, the loss of lives is not causing any loss in the monetary and in the monetary reform of the Iraqi dinar. Fascinating isn’t it?
11-6-2019 Newshound Guru Jeff Article “President Barzani: Iraqi PM Mahdi needs to be given ‘more changes’ for reform” …this article is so revealing. It screams at you from many angles - rate change. They’re even telling you the steps that are waiting on the rate change right in this article. This was a great article…
11-6-2019 Intel Guru Delta Article: "The results of the window selling foreign currency on Wednesday 2019/11/6 and implemented on Tuesday 5/11/2019" CBI HAVE ANOTHER AUCTION FOR THURSDAY...2 AUCTION IN ONE DAY...THE DOLLAR EXCHANGE RATE IN THE IRAQ MARKET IS GOING VERY HIGH SOME CITIES IS UP TO $1 = 1221 DINARS. IT'S FORCING CBI TO DO 2 AUCTIONS. CBI HAVE TO MOVE FASTER NOW...
11-6-2019 Intel Guru Frank26 firefly77 says announcing agreement has been met today with Barzari in Baghdad to pay the citizens their monthly HCL oil credits...No amount given just deal reached by government to help keep Iraq from going back into chapter 7. If this comes to pass the amount would be over 1 USA dollar from previous agreements…We await to see what unfolds and see if this comes to pass
11-5-2019 Intel Guru MarkZ As for the QFS.. We are supposedly getting the pinging now in Europe that started over night last night…the rumor is when that is finished we may see 800 numbers... Still hearing that the reset is moving east to west… In Iraq I am being told that the UST has had people in Iraq for a few days now… We have heard that we will all go together…when we are in a Gold Backed currency… I personally think we are at the end now…I really think this is going to be our week.
11-5-2019 Newshound Guru Jeff Article "Iranian Embassy Set Ablaze in Karbala" Quote " ...protesters set the Iranian consulate ablaze in the holy city of Karbala...they then scaled the walls and replaced consulate's Iranian flag with that of Iraq. U.S. President Donald Trump on Monday retweeted two videos from Saudi-funded newspapers that showed footage of the event... According to the Iraqi High Commission for Human Rights, at least 257 people have been killed, and more than 10,000 wounded, since protests began." [Post 2 of 2]
11-5-2019 Newshound Guru Jeff Article "The New York Times: Iraq Is Rising Against The Hateful Iranian Occupation" ...the news talks about an Anti-Iran uprising in Iraq. Quote "more than 200,000 Iraqis marched in Baghdad in the largest demonstration in Iraq's modern history, protesting against the Iraqi government and a foreign occupier - this time Iran, not America..." "The revolution is not Anti-American, it is anti-Iran, anti-religious - anti-politics, says Saad Iskandar, the former head of Iraq's national archives." [Post 1 of 2]
11-5-2019 Newshound/Intel Guru Mnt Goat So this was a measure also put in place with the expectation that this actions would someday coincide with the currency reform...It is the hold up of much progress in Iraq... I believe we are in a VERY GOOD position to see a rate change of the Iraqi dinar sooner than later. But remember Iraq is still on the OPAC sanction list and so the US will have lots to say if the dinar gets back on FOREX. We don’t go to the bank unless its on FOREX. There is a pot of gold at the end of the rainbow for us, we just have to get through the storm first. Relax the storm will end and we will see that pot of gold... [post 2 of 2]
11-5-2019 Newshound/Intel Guru Mnt Goat ...This past couple days Iraq met with the UN...the UN has stepped in and threatened that, if the killing does not stop, Iraq may re-enter back into Chapter VII. We know that Iran would luv this to occur as this would mean continuance of the currency auctions...So to meet some of the demands by the protestors, a decision has been made to finally pay the citizens their monthly HCL allocation... Remember also that HCL money, when paid out, has to be paid out at a rate over $1.00 USD. There is no way to get around this. [post 1 of 2....stay tuned]
11-5-2019 Newshound/Intel Guru David M. Witty In Iraq, protesters demand dissolvement of Parliament & early elections.
11-5-2019 Newshound Guru Jeff ...the news is now suggesting to us we are very close. They're now talking about the reforms. They're talking about amending the Constitution. All of these steps are post rate change steps...a little more time is needed because all of this involves money...we're waiting on that [2020] budget. But when you look at the news it does show you we're very close...
11-5-2019 Newshound Guru Jeff Article "Iranian Embassy Set Ablaze in Karbala" Quote " ...protesters set the Iranian consulate ablaze in the holy city of Karbala...they then scaled the walls and replaced consulate's Iranian flag with that of Iraq. U.S. President Donald Trump on Monday retweeted two videos from Saudi-funded newspapers that showed footage of the event... According to the Iraqi High Commission for Human Rights, at least 257 people have been killed, and more than 10,000 wounded, since protests began." [Post 2 of 2]
11-5-2019 Newshound Guru Jeff Article "The New York Times: Iraq Is Rising Against The Hateful Iranian Occupation" ...the news talks about an Anti-Iran uprising in Iraq. Quote "more than 200,000 Iraqis marched in Baghdad in the largest demonstration in Iraq's modern history, protesting against the Iraqi government and a foreign occupier - this time Iran, not America..." "The revolution is not Anti-American, it is anti-Iran, anti-religious - anti-politics, says Saad Iskandar, the former head of Iraq's national archives." [Post 1 of 2]
11-5-2019 Newshound/Intel Guru Mnt Goat So this was a measure also put in place with the expectation that this actions would someday coincide with the currency reform...It is the hold up of much progress in Iraq... I believe we are in a VERY GOOD position to see a rate change of the Iraqi dinar sooner than later. But remember Iraq is still on the OPAC sanction list and so the US will have lots to say if the dinar gets back on FOREX. We don’t go to the bank unless its on FOREX. There is a pot of gold at the end of the rainbow for us, we just have to get through the storm first. Relax the storm will end and we will see that pot of gold... [post 2 of 2]
11-5-2019 Newshound/Intel Guru Mnt Goat ...This past couple days Iraq met with the UN...the UN has stepped in and threatened that, if the killing does not stop, Iraq may re-enter back into Chapter VII. We know that Iran would luv this to occur as this would mean continuance of the currency auctions...So to meet some of the demands by the protestors, a decision has been made to finally pay the citizens their monthly HCL allocation... Remember also that HCL money, when paid out, has to be paid out at a rate over $1.00 USD. There is no way to get around this. [post 1 of 2....stay tuned]
11-5-2019 Newshound/Intel Guru David M. Witty In Iraq, protesters demand dissolvement of Parliament & early elections.
11-5-2019 Newshound Guru Jeff ...the news is now suggesting to us we are very close. They're now talking about the reforms. They're talking about amending the Constitution. All of these steps are post rate change steps...a little more time is needed because all of this involves money...we're waiting on that [2020] budget. But when you look at the news it does show you we're very close...
11-4-2019 Intel Guru Delta [via Guru Frank26] ...this was posted on the Warka Bank website. "The par value is 1.00 IQD" and it was printed in the Saudi Arabian newspaper. It's Warka saying the par value of one Iraqi Dinar is [equal to] ?X?X ...we have a Saudi Arabian newspaper that caught on and said look this is Warka and they're showing the Iraqi Dinar at 1 dinar. To What? The answer is to the American Dollar IMO...
11-4-2019 Intel Guru MarkZ [via PDK] News from Zurich said hearing it appears going from west to east now...pinging in China and NZ…it may soon appear in US...We should know about 8pm tonight. [Pinging ensures that the computers can talk to each other. That they recognize each other's IP Address.] we are hearing this is all just logistics as China is about to take over from Treasury.
11-4-2019 Newshound Guru Jeff Article "Adel Mahdi explains to an American delegation his 'reformist' project and outline its points' ...Iraq is meeting with the Americans to discuss the reforms. What they're showing you guys is that they cannot implement these reforms and really provide for the citizens [because] their hands are tied. They're pretty much as high an dry and as desperate for the rate change as everybody else. Iraq cannot take care of their own citizens until the rate change. They're basically telling you guys that they're waiting until that 2020 budget gets approved because the money has to be allocated for everything...
11-4-2019 Newshound Guru MilitiaMan Article: "Exchange rate stability" They are telling the world...that they have achieved monetary stability for foreign investors while suggesting they'll have a fixed exchange rate. One that will be supported and with little fluctuation. A stable environment in a narrow range of speculation, allows for an attractive environment for foreign investment!! Just what imo has been expected by foreign investors for almost tens of years or more, therefore, a strong rate means out of the gate to be good one. imo. They have stated the Glory Days is a potential goal of theirs...I don't doubt that the "longer we have had to wait, the more money we will make." (big smile)
11-4-2019 Newshound Guru MilitiaMan Article: "The work opens the door of new inclusiveness for a full-time appointed salary" They are talking about 24 hour service and getting text messages as an alert and in all provinces by way of Mastercard... let’s recall they are going to be effectively more of a cash-less society... Did we not here about the CBI moving money in all provinces recently? Full time salary... New inclusiveness!! Timing of so many things coming together. Love it! IMO...
11-4-2019 Intel Guru Delta Article: "To / ministries and entities not linked to the Ministry of all governorates and all provincial councils m / Warka Bank for Investment and Finance" FOR WARKA ACCOUNT HOLDERS VERY GOOD NEWS THIS LETTER WAS FROM CBI AND SIGN BY ALAQ STATING THAT WARKA BANK IS BACK ALSO A COPY WAS SENT TO ISX!!!
11-4-2019 Intel Guru MarkZ [via PDK] News from Zurich said hearing it appears going from west to east now...pinging in China and NZ…it may soon appear in US...We should know about 8pm tonight. [Pinging ensures that the computers can talk to each other. That they recognize each other's IP Address.] we are hearing this is all just logistics as China is about to take over from Treasury.
11-4-2019 Newshound Guru Jeff Article "Adel Mahdi explains to an American delegation his 'reformist' project and outline its points' ...Iraq is meeting with the Americans to discuss the reforms. What they're showing you guys is that they cannot implement these reforms and really provide for the citizens [because] their hands are tied. They're pretty much as high an dry and as desperate for the rate change as everybody else. Iraq cannot take care of their own citizens until the rate change. They're basically telling you guys that they're waiting until that 2020 budget gets approved because the money has to be allocated for everything...
11-4-2019 Newshound Guru MilitiaMan Article: "Exchange rate stability" They are telling the world...that they have achieved monetary stability for foreign investors while suggesting they'll have a fixed exchange rate. One that will be supported and with little fluctuation. A stable environment in a narrow range of speculation, allows for an attractive environment for foreign investment!! Just what imo has been expected by foreign investors for almost tens of years or more, therefore, a strong rate means out of the gate to be good one. imo. They have stated the Glory Days is a potential goal of theirs...I don't doubt that the "longer we have had to wait, the more money we will make." (big smile)
11-4-2019 Newshound Guru MilitiaMan Article: "The work opens the door of new inclusiveness for a full-time appointed salary" They are talking about 24 hour service and getting text messages as an alert and in all provinces by way of Mastercard... let’s recall they are going to be effectively more of a cash-less society... Did we not here about the CBI moving money in all provinces recently? Full time salary... New inclusiveness!! Timing of so many things coming together. Love it! IMO...
11-4-2019 Intel Guru Delta Article: "To / ministries and entities not linked to the Ministry of all governorates and all provincial councils m / Warka Bank for Investment and Finance" FOR WARKA ACCOUNT HOLDERS VERY GOOD NEWS THIS LETTER WAS FROM CBI AND SIGN BY ALAQ STATING THAT WARKA BANK IS BACK ALSO A COPY WAS SENT TO ISX!!!
11-3-2019 Newshound Guru MilitiaMan "Liberation women clean the streets and decorate the sidewalks with flowers" When they clean up the mess they’ll be able to get back to business! I am seriously liking what this is showing us today. These women know what to expect from the CBI and with those bill boards in the square in an article today...I could see the descriptions and depictions of what is to come be out for all to see once the place is tidied up!! What a way to get things back to normal and ready for a new beginning with a new sovereign currency and even a new government for to mange the citizens demands going forward! Let’s see what the next “Couple” days brings. Imo - All good!
11-3-2019 Newshound Guru larrykn I don't look for dates just actions on their part...so far I'm still looking. when you have half the politicians out there not wanting changes and half do, its called a stalemate...so we wait and see... For me this will take time and no one knows when, all we can do is read the news and pray that Iraq gets themself together long enough to get laws passed and Articles implemented.
11-3-2019 Newshound/Intel Guru RVAlready [I'm sorry...ths just doesn't meet the smell test. Iraq says they are postponing the deletion of 3 zeros...and the banks want to work more USLESS hours...not too logical.] I agree. Makes no sense in terms of the protest. Unless UST can make a lot of profit from the oil credits. It is one very strange situation.
11-3-2019 Newshound Guru Jeff Article: "This is the date of interrogation of Adel Abdul Mahdi in Parliament" …the “government program” is everything that gets implemented. Better healthcare. Better lives. All the government services and resources they will provide the citizens after the rate change…they are waiting on the rate change…they were only able to offer the citizens very little because the government’s hands are tied and that’s because external powers control the timing of the rate change. And that’s called Donald Trump…The US is the only group that shed blood for Iraq. We pour trillions of dollars into Iraq. Trump actually put the tariffs on China and the sanctions on Iran. The US and the Trump administration are the ones calling the shots, controlling the timing on this. Not the IMF and Not the World Bank…
11-3-2019 Newshound Guru larrykn I don't look for dates just actions on their part...so far I'm still looking. when you have half the politicians out there not wanting changes and half do, its called a stalemate...so we wait and see... For me this will take time and no one knows when, all we can do is read the news and pray that Iraq gets themself together long enough to get laws passed and Articles implemented.
11-3-2019 Newshound/Intel Guru RVAlready [I'm sorry...ths just doesn't meet the smell test. Iraq says they are postponing the deletion of 3 zeros...and the banks want to work more USLESS hours...not too logical.] I agree. Makes no sense in terms of the protest. Unless UST can make a lot of profit from the oil credits. It is one very strange situation.
11-3-2019 Newshound Guru Jeff Article: "This is the date of interrogation of Adel Abdul Mahdi in Parliament" …the “government program” is everything that gets implemented. Better healthcare. Better lives. All the government services and resources they will provide the citizens after the rate change…they are waiting on the rate change…they were only able to offer the citizens very little because the government’s hands are tied and that’s because external powers control the timing of the rate change. And that’s called Donald Trump…The US is the only group that shed blood for Iraq. We pour trillions of dollars into Iraq. Trump actually put the tariffs on China and the sanctions on Iran. The US and the Trump administration are the ones calling the shots, controlling the timing on this. Not the IMF and Not the World Bank…
11-2-2019 Newshound Guru Francis Albert deleting the zeros from the exchange rate...as stated by CBI is quite different from the "LOP" Kap [Guru Kaperoni] continues to pitch. I think he's just off base on this one, or the CBI is just making stuff up..which is possible too...[Reference Guru Kaps Post Below]
11-2-2019 Newshound Guru Kaperoni ...If you wake up someday and it's a 1 to $1 exchange rate, Iraq just LOP'd, meaning you've made nothing. Believe me, Iraq will never substantially RV the dinar. If the dinar is ever going to go up in value, it's going to go up based on investment and an improved GDP via a float.
11-2-2019 Newshound Guru Breitling …there’s really nothing else you need to look into or be worried about. What you need to do is you need to make sure you understand what your exit strategy is once you exchange your currency. In other words, what are your taxes going to look like? That’s what you need to worry about. That’s all you need to be thinking about. You don’t need to be thinking about how you’re going to spend it. Because first you need to figure out how much you’re gonna be able to keep, right? So you have to be thinking on those terms. [Note: At the appropriate time speak with your tax professional]
11-2-2019 Newshound Guru Vital Brad …the demonstrations have continued…The soldiers and the police they aren’t using deadly force. Things seem to be more contained…Mahdi has not resigned yet but President Barham Salih has come out and said the PM has expressed his willingness to submit his resignation asking the political blocs to reach an acceptable alternative…to avoid a power vacuum….we know what the people want. They want their wealth. When the Iraqi people’s currency is reinstated and revalued…Iraq is gonna flourish…their whole environment there will just transform…we’re getting to the boiling point where Iraq is gonna join the free market again and we all know what that means for us holding Iraq’s currency. They’ve met all the requirement and it could happen any time…
11-2-2019 Newshound Guru Kaperoni ...If you wake up someday and it's a 1 to $1 exchange rate, Iraq just LOP'd, meaning you've made nothing. Believe me, Iraq will never substantially RV the dinar. If the dinar is ever going to go up in value, it's going to go up based on investment and an improved GDP via a float.
11-2-2019 Newshound Guru Breitling …there’s really nothing else you need to look into or be worried about. What you need to do is you need to make sure you understand what your exit strategy is once you exchange your currency. In other words, what are your taxes going to look like? That’s what you need to worry about. That’s all you need to be thinking about. You don’t need to be thinking about how you’re going to spend it. Because first you need to figure out how much you’re gonna be able to keep, right? So you have to be thinking on those terms. [Note: At the appropriate time speak with your tax professional]
11-2-2019 Newshound Guru Vital Brad …the demonstrations have continued…The soldiers and the police they aren’t using deadly force. Things seem to be more contained…Mahdi has not resigned yet but President Barham Salih has come out and said the PM has expressed his willingness to submit his resignation asking the political blocs to reach an acceptable alternative…to avoid a power vacuum….we know what the people want. They want their wealth. When the Iraqi people’s currency is reinstated and revalued…Iraq is gonna flourish…their whole environment there will just transform…we’re getting to the boiling point where Iraq is gonna join the free market again and we all know what that means for us holding Iraq’s currency. They’ve met all the requirement and it could happen any time…
11-1-2019 **** Dinar Guru Newsflash **** According to CNN and other news outlets Iraqi Prime Minister Mahdi has agreed to resign from his position. He will step down next week after parliament passes needed election laws and a new government is in place. Stay tuned as the gurus chime in to discuss the impact this news will have on the dinar...
11-1-2019 Newshound Guru Kaperoni ...one of the primary tools and responsibilities of the CBI is to maintain stability meaning if it's going to go up in value it'll go up gradually based on pressure/inflation created as a result of significant investment and a private sector. So until the laws are passed, contracts are signed, stability exists there is no private sector. So we wait. The idea of a public-private partnership built into the 2020 budget to launch the market economy/private sector is an excellent idea but we'll have to wait and see.
11-1-2019 Newshound/Intel Guru Mnt Goat Article: "KURDISTAN SUPPORTS CONSTITUTIONAL AMENDMENTS TO CONTRIBUTE TO IMPROVING THE LIVING AND SERVICE REALITY OF THE IRAQI PEOPLE" Laws don’t do any good unless they are enforced. We have seen this lack of enforcement in many of the laws enacted in Iraq. This is part of the problem with this new democracy.
11-1-2019 Newshound Guru chattels Article quote: "In his first televised address in weeks, President Barham Salih said the country’s embattled Prime Minister Adil Abdul-Mahdi was ready to step down, but there was so far no one to take his place. “The prime minister expressed his willingness to submit his resignation, asking the political parties to reach an agreement on an acceptable alternative,” said Salih. He pledged to hold early elections as soon as a new voting law and oversight commission was agreed, but his speech did not appear to impress demonstrators."
11-1-2019 Intel Guru MarkZ [Sounds like anytime after Monday should be a go.] My opinion only – Could be sooner! I am hearing fantastic things from Iraq also. Hearing that they have already started floating close to a 1 to 1 parity. I am waiting to hear back from my contractor over there and a confirmation from him. I heard that many people were asked to be quiet...i was not asked...Big expectations for this weekend... [post 2 of 2]
11-1-2019 Intel Guru MarkZ [via PDK] November - the month I never thought we would hit…We are hearing the Chinese took over last night around midnight and they already have a solid plan to get things rolling over the next 24 hours or so. And could be as early as just hours away. The US loses 2% but it will not affect anything on our side of the exchange or the rates. We are all watching today daggone closely... [post 1 of 2...stay tuned]
11-1-2019 Newshound/Intel Guru Mnt Goat Is replacing Mahdi’s government the best choice? There are many ways of looking at this. You can see the glass as half empty or half full. I chose to see it half full meaning that it is about time Sadr has put his foot down and demanded the execution of these reforms. Sadr is using the people to fight corruption since he has tried all other means already. ...So, this is finally getting done, something that had to take place sooner or later and it is better now sooner than later.
11-1-2019 Newshound/Intel Guru Francis Albert I would encourage not so much pessimism. The CBI is all that matters here. The government over there, just like any government will always be screwed up. ...the idea of a "Fully seated government"...IMO, this never was a problem. It just wasn't time for OH, so many reasons. You all are fine.
11-1-2019 Intel Guru Frank26 …the moment that you wake up one day and you see on the CBI website...the exchange rate is 1 to 1 now, that is when you have to make a decision. I wouldn’t run to the bank. I wouldn’t even walk to the bank. I’d sit down first. Get all your teams, make a proper decision. Take it to God in prayer…then the next question is how much? “What you got 10 million dinars?” “You gonna cash it all in at 1 to 1?” ‘No.’ “Why not?” IMO the potential of this country is exponential. I don’t think that 1 to 1 is where it’s gonna cap. Maybe I’ll exchange 1 million dinars and I’ll keep the other nine million…I’m gonna watch…[Note: The latest CBI exchange rates are always located on the left side of this page.]
11-1-2019 Newshound/Intel Guru Mnt Goat Article: "KURDISTAN SUPPORTS CONSTITUTIONAL AMENDMENTS TO CONTRIBUTE TO IMPROVING THE LIVING AND SERVICE REALITY OF THE IRAQI PEOPLE" Laws don’t do any good unless they are enforced. We have seen this lack of enforcement in many of the laws enacted in Iraq. This is part of the problem with this new democracy.
11-1-2019 Newshound Guru chattels Article quote: "In his first televised address in weeks, President Barham Salih said the country’s embattled Prime Minister Adil Abdul-Mahdi was ready to step down, but there was so far no one to take his place. “The prime minister expressed his willingness to submit his resignation, asking the political parties to reach an agreement on an acceptable alternative,” said Salih. He pledged to hold early elections as soon as a new voting law and oversight commission was agreed, but his speech did not appear to impress demonstrators."
11-1-2019 Intel Guru MarkZ [Sounds like anytime after Monday should be a go.] My opinion only – Could be sooner! I am hearing fantastic things from Iraq also. Hearing that they have already started floating close to a 1 to 1 parity. I am waiting to hear back from my contractor over there and a confirmation from him. I heard that many people were asked to be quiet...i was not asked...Big expectations for this weekend... [post 2 of 2]
11-1-2019 Intel Guru MarkZ [via PDK] November - the month I never thought we would hit…We are hearing the Chinese took over last night around midnight and they already have a solid plan to get things rolling over the next 24 hours or so. And could be as early as just hours away. The US loses 2% but it will not affect anything on our side of the exchange or the rates. We are all watching today daggone closely... [post 1 of 2...stay tuned]
11-1-2019 Newshound/Intel Guru Mnt Goat Is replacing Mahdi’s government the best choice? There are many ways of looking at this. You can see the glass as half empty or half full. I chose to see it half full meaning that it is about time Sadr has put his foot down and demanded the execution of these reforms. Sadr is using the people to fight corruption since he has tried all other means already. ...So, this is finally getting done, something that had to take place sooner or later and it is better now sooner than later.
11-1-2019 Newshound/Intel Guru Francis Albert I would encourage not so much pessimism. The CBI is all that matters here. The government over there, just like any government will always be screwed up. ...the idea of a "Fully seated government"...IMO, this never was a problem. It just wasn't time for OH, so many reasons. You all are fine.
11-1-2019 Intel Guru Frank26 …the moment that you wake up one day and you see on the CBI website...the exchange rate is 1 to 1 now, that is when you have to make a decision. I wouldn’t run to the bank. I wouldn’t even walk to the bank. I’d sit down first. Get all your teams, make a proper decision. Take it to God in prayer…then the next question is how much? “What you got 10 million dinars?” “You gonna cash it all in at 1 to 1?” ‘No.’ “Why not?” IMO the potential of this country is exponential. I don’t think that 1 to 1 is where it’s gonna cap. Maybe I’ll exchange 1 million dinars and I’ll keep the other nine million…I’m gonna watch…[Note: The latest CBI exchange rates are always located on the left side of this page.]
10-31-2019 Newshound/Intel Guru Mnt Goat Now with the unrest and destabilization of the country I am skeptical if they can even complete the project to delete the zeros at this time. The news media has told us that the banks have emptied their vaults to the main CBI bank prior to the first demonstration for security purposes. They did this for fear the banks could be robbed in the process of the demonstrations. We know the smaller category notes had been already distributed in many of these banks, but not all of them. So these notes had been recalled. This distribution process will have to re-occur once security is obtained...All we can do as investors is site tight and wait to see it all play out. [post 2 of 2]
10-31-2019 Newshound/Intel Guru Mnt Goat We know for a FACT that everything needed to roll out the Iraqi dinar to trade internationally has been completed, except the last final steps including:
-completing the process of the “project to delete the zeros”
-correspondingly changing the rate and monitoring it for inflation
-relief from US OPAC sanctions
-reinstating the dinar on the global currency exchanges. [post 1 of 2....stay tuned]
10-31-2019 Newshound Guru Kaperoni With confidence in PM Mahdi failing, talk of him resigning is everywhere. We will just have to wait and see if it's true or not.
10-31-2019 Intel Guru MarkZ In Iraq – no value change as of late last night. [...did others see the post...showing where they dropped a zero on the rate?? I'm a bit confused about it...] We are in the midst of the reset and it is going to be a confusing mess for a short bit is my take on it... [With one zero gone is that for the betterment?] Absolutely this is for the betterment.
10-31-2019 Intel Guru Frank26 Question: I heard there were fireworks...today in Iraq. Can you confirm that and if so were they celebrating something? They weren’t celebrating anything associated to the reinstatement of the Iraqi dinars...When they do reinstate, fireworks will be nothing. Cannons will be fired off in that country! What you probably heard is just somebody that caught a little bit of a wedding because weddings in Iraq, firecrackers they like that a lot. Birthday party, graduation things like that…
10-31-2019 Newshound Guru Adam Montana There are positive signs everywhere, but the protests and "civil unrest" that's going on right now has tossed an anchor out on the final progress we'd like to see. It's not something that will last forever. The face of Iraq, Iraq's current exchange rate, OIL news, and more...all mostly unchanged by the current situation. The country is NOT in a downward spiral... but they are in the middle of an annoyingly long "pause"...We wait...
10-31-2019 Newshound/Intel Guru Mnt Goat We know for a FACT that everything needed to roll out the Iraqi dinar to trade internationally has been completed, except the last final steps including:
-completing the process of the “project to delete the zeros”
-correspondingly changing the rate and monitoring it for inflation
-relief from US OPAC sanctions
-reinstating the dinar on the global currency exchanges. [post 1 of 2....stay tuned]
10-31-2019 Newshound Guru Kaperoni With confidence in PM Mahdi failing, talk of him resigning is everywhere. We will just have to wait and see if it's true or not.
10-31-2019 Intel Guru MarkZ In Iraq – no value change as of late last night. [...did others see the post...showing where they dropped a zero on the rate?? I'm a bit confused about it...] We are in the midst of the reset and it is going to be a confusing mess for a short bit is my take on it... [With one zero gone is that for the betterment?] Absolutely this is for the betterment.
10-31-2019 Intel Guru Frank26 Question: I heard there were fireworks...today in Iraq. Can you confirm that and if so were they celebrating something? They weren’t celebrating anything associated to the reinstatement of the Iraqi dinars...When they do reinstate, fireworks will be nothing. Cannons will be fired off in that country! What you probably heard is just somebody that caught a little bit of a wedding because weddings in Iraq, firecrackers they like that a lot. Birthday party, graduation things like that…
10-31-2019 Newshound Guru Adam Montana There are positive signs everywhere, but the protests and "civil unrest" that's going on right now has tossed an anchor out on the final progress we'd like to see. It's not something that will last forever. The face of Iraq, Iraq's current exchange rate, OIL news, and more...all mostly unchanged by the current situation. The country is NOT in a downward spiral... but they are in the middle of an annoyingly long "pause"...We wait...
10-30-2019 Newshound Guru Kaperoni An interesting article...refers to the CBI making a courageous decision to control the movement of funds in February 2020. Could this be referring to accepting IMF Article VIII?
10-30-2019 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENT WILL VOTE ON THE SECOND REFORM PACKAGE" The House of Representatives plans to vote on the second reform package in the next few days that was, in part, called for by the demonstrators. Will this include currency reform and the project to delete the zeros?
10-30-2019 Intel Guru Bruce [via WiserNow] ...lot of things have happened – especially behind the scenes – I think sometime tomorrow [Wednesday]...we should have it [toll free numbers] and have it available to put out... this is what I’m being informed would be the case...We did get some rates and we believe everything is moving up slightly just like we thought and they’re going to be fantastic so you don’t have to worry about those at all... You know I cannot legitimately call it and I’ve told you many times that we’ve been very close as you know, and again today...tonight is one of those times...
10-30-2019 Newshound Guru Kaperoni Sounds like current Prime Minister Abdul Mahdi may resign during parliament tomorrow.
10-30-2019 Newshound/Intel Guru MarkZ [via PDK] In Iraq it seems the mood is improving there...signs that they are celebrating something today...I have a contact in Iraq who says they hear they are moving forward with an RI. ...An RI or Re-instatement first makes the most sense to me…then do a RV or Revalue at a later date. An Ri should not affect our contract rate. If it comes out as an RI I will definitely let you all know. If Iraq does an RI of $3 plus and floats it upwards...I would still exchange all my currencies …imo of course...Its very important that no one violates your NDA….you do not want to lose anything.
10-30-2019 Newshound/Intel Guru Mnt Goat Are these demonstrations in our favor? Will they help get the RV? Yes and yes. Just think if it. We know there is massive corruption in Iraq especially through the currency auctions...WE know we can’t get the RV unless this corruption is fixed. So at least something now positive is going on to fix it. It may take longer than we want but this is all we can do.
10-30-2019 Intel Guru Frank26 …the IQD exchange rate is still stable. We just had a calamity. We just had killings. We just had explosions. We just had fires. It’s a disaster. It’s a war inside of Iraq…remember the riots they had almost three years ago? The Iraqi Dinar rate fluctuated like crazy…the country of Iraq was unstable at the time…there is no doom and gloom like it’s being painted...
10-30-2019 Newshound Guru chattels The Parliament seems to be attempting to implement some reforms in order to avoid the chaos of a caretaker government and new elections, but is it too little too late? Other parliamentary governments have certainly survived the failure of a government, but this is unplowed ground for the young Iraqi democracy. Will Iraq survive it all? Tune in tomorrow as the "Iraqi World Turns" in the "Dinar Days of our Lives".
10-30-2019 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENT WILL VOTE ON THE SECOND REFORM PACKAGE" The House of Representatives plans to vote on the second reform package in the next few days that was, in part, called for by the demonstrators. Will this include currency reform and the project to delete the zeros?
10-30-2019 Intel Guru Bruce [via WiserNow] ...lot of things have happened – especially behind the scenes – I think sometime tomorrow [Wednesday]...we should have it [toll free numbers] and have it available to put out... this is what I’m being informed would be the case...We did get some rates and we believe everything is moving up slightly just like we thought and they’re going to be fantastic so you don’t have to worry about those at all... You know I cannot legitimately call it and I’ve told you many times that we’ve been very close as you know, and again today...tonight is one of those times...
10-30-2019 Newshound Guru Kaperoni Sounds like current Prime Minister Abdul Mahdi may resign during parliament tomorrow.
10-30-2019 Newshound/Intel Guru MarkZ [via PDK] In Iraq it seems the mood is improving there...signs that they are celebrating something today...I have a contact in Iraq who says they hear they are moving forward with an RI. ...An RI or Re-instatement first makes the most sense to me…then do a RV or Revalue at a later date. An Ri should not affect our contract rate. If it comes out as an RI I will definitely let you all know. If Iraq does an RI of $3 plus and floats it upwards...I would still exchange all my currencies …imo of course...Its very important that no one violates your NDA….you do not want to lose anything.
10-30-2019 Newshound/Intel Guru Mnt Goat Are these demonstrations in our favor? Will they help get the RV? Yes and yes. Just think if it. We know there is massive corruption in Iraq especially through the currency auctions...WE know we can’t get the RV unless this corruption is fixed. So at least something now positive is going on to fix it. It may take longer than we want but this is all we can do.
10-30-2019 Intel Guru Frank26 …the IQD exchange rate is still stable. We just had a calamity. We just had killings. We just had explosions. We just had fires. It’s a disaster. It’s a war inside of Iraq…remember the riots they had almost three years ago? The Iraqi Dinar rate fluctuated like crazy…the country of Iraq was unstable at the time…there is no doom and gloom like it’s being painted...
10-30-2019 Newshound Guru chattels The Parliament seems to be attempting to implement some reforms in order to avoid the chaos of a caretaker government and new elections, but is it too little too late? Other parliamentary governments have certainly survived the failure of a government, but this is unplowed ground for the young Iraqi democracy. Will Iraq survive it all? Tune in tomorrow as the "Iraqi World Turns" in the "Dinar Days of our Lives".
10-29-2019 Newshound/Intel Guru David M. Witty In Iraq, Muqtada Sadr calls for PM Abdel-Mahdi to resign, followed by early elections. PM refuses. Sadr calls on leader of Fatah Coalition, Ameri, to assist in removal of PM. Ameri says he will cooperate with Sadr to achieve goals of Iraqi people.
10-29-2019 Newshound Guru Kaperoni For those thinking the RV is coming the CBI has introduced a new 25,000 Dinar note with added security features. Guess the RV isn't coming just yet? ...Nothing is happening until after the Iraqi government sets the stage for foreign investment...
10-29-2019 Intel Guru Frank26 [via Clare] "THEY ARE AT THE JUNCTION OF DOING THE REST OF THE MR...IMO"
10-29-2019 Newshound/Intel Guru Mnt Goat So, we have almost reached the end of October 2019 and still no RV. ...I talked about the US OPAC sanctions and how they are impacting our ability to go to the bank and exchange. But remember also we need the rate on FOREX. This too is very important for us...Once the sanctions are lifted, I am sure the project to delete the zeros will follow and then the reinstatement will happen quickly and we will be at the banks exchanging almost immediately afterwards.
10-29-2019 Intel Guru MarkZ ...We heard there was problems at European Central Banks this week which are now fixed. [Now, Iraq wants a new government?] Yes they want another government...they are tired of waiting for the rv…hope it happens for them this week. We have very good contacts in Iraq. Last weekend we heard they were supposed to introduce the Lower Denominations widespread...We were told the US held them off because we weren’t ready. Due to the problem with the European banks...but they are still expecting the RV at any moment. I am still looking for it to go at any moment...
10-29-2019 Intel Guru Frank26 …Right now is a fascinating time for monetary reform…we have a “worst” situation that is going to be used to create a “best of” situation. The CBI is watching these protests. The CBI did not stop the monetary reform. "Well Frank they’ve slowed it down.” No. “Well Frank they’ve delayed it.” No…”They had a riot that killed 150 people they didn’t stop it then?” No. “Just the other day they had another 70 something more, they didn’t stop it then?” No. Do we have a pause, stoppage, delay or halt? No, not of monetary reform no…IMO the CBI, Allaq and whoever else is in there are very very anxious to raise the value of the Iraqi Dinar…
10-29-2019 Newshound Guru MilitiaMan Article quote: "...the celebrations were special in Baghdad by fireworks to celebrate..." Interesting the celebratory tone in this article...That sort of wording sound like a good thing not a bad thing... Could they have been told about and or shown the small notes and or depictions of them and this is the start of big things to come? Fireworks would be in order for that imo...
10-29-2019 Newshound Guru Kaperoni For those thinking the RV is coming the CBI has introduced a new 25,000 Dinar note with added security features. Guess the RV isn't coming just yet? ...Nothing is happening until after the Iraqi government sets the stage for foreign investment...
10-29-2019 Intel Guru Frank26 [via Clare] "THEY ARE AT THE JUNCTION OF DOING THE REST OF THE MR...IMO"
10-29-2019 Newshound/Intel Guru Mnt Goat So, we have almost reached the end of October 2019 and still no RV. ...I talked about the US OPAC sanctions and how they are impacting our ability to go to the bank and exchange. But remember also we need the rate on FOREX. This too is very important for us...Once the sanctions are lifted, I am sure the project to delete the zeros will follow and then the reinstatement will happen quickly and we will be at the banks exchanging almost immediately afterwards.
10-29-2019 Intel Guru MarkZ ...We heard there was problems at European Central Banks this week which are now fixed. [Now, Iraq wants a new government?] Yes they want another government...they are tired of waiting for the rv…hope it happens for them this week. We have very good contacts in Iraq. Last weekend we heard they were supposed to introduce the Lower Denominations widespread...We were told the US held them off because we weren’t ready. Due to the problem with the European banks...but they are still expecting the RV at any moment. I am still looking for it to go at any moment...
10-29-2019 Intel Guru Frank26 …Right now is a fascinating time for monetary reform…we have a “worst” situation that is going to be used to create a “best of” situation. The CBI is watching these protests. The CBI did not stop the monetary reform. "Well Frank they’ve slowed it down.” No. “Well Frank they’ve delayed it.” No…”They had a riot that killed 150 people they didn’t stop it then?” No. “Just the other day they had another 70 something more, they didn’t stop it then?” No. Do we have a pause, stoppage, delay or halt? No, not of monetary reform no…IMO the CBI, Allaq and whoever else is in there are very very anxious to raise the value of the Iraqi Dinar…
10-29-2019 Newshound Guru MilitiaMan Article quote: "...the celebrations were special in Baghdad by fireworks to celebrate..." Interesting the celebratory tone in this article...That sort of wording sound like a good thing not a bad thing... Could they have been told about and or shown the small notes and or depictions of them and this is the start of big things to come? Fireworks would be in order for that imo...
10-28-2019 Newshound Guru chattels Guru quote - " ...the RI will bring forth peace, prosperity and security. They know an international value related Dinar of a fully compliant Article 8 currency will bring all of those things... " The magic of the dinar is a panacea for all the ills of Iraq? Not likely. It is more likely that peace, prosperity and stability may yield an increase in the value of the dinar.
10-28-2019 Intel Guru MarkZ [...do you think that the riots in Iraq will stop the rv...?] I do not believe the riots in Iraq will stop the RV…I believe it will push it faster…These riots will not stop until they revalue their dinar… [...do you still believe it will be over by the 31st of October...?] Yes I do. [When do you look to see the 800 numbers?] They could appear right now and I would not be surprised...they could appear on Wednesday and I would not be surprised...anytime now… and I would not be surprised. I have great contacts in the banks and I personally believe there will be 800 numbers and no I do not think they are from the cabal.
10-28-2019 Newshound/Intel Guru RVAlready Wow. Baghdadi dead, GOI possibly disbanding, CBI close to RV, reforms to go forward, replacement government. This could be good for everybody. Maybe the replacements will represent the citizens, and not part of the corruption
10-28-2019 Intel Guru Delta ...ONE THE DEMAND IS TO STOP AUCTION AND MOVE TO MARKET ECONOMY WHICH IS REQUIRED ARTICLE 8 AND LIFTING 3 ZEROS AND GIVE DINAR TRUE VALUE...WHEN THINGS LOOKS BAD THAT WILL BE THE BEST TIME TO PULL IT...IMO.
10-28-2019 Newshound Guru VitalBrad …Some big Middle Eastern news just came out. Donald Trump tweeted…”Something very big has just happened!”… [article] “ISIS leader Abu Bakr al-Baghdadi Believed To Have Been Killed” … I believe this is another big victory to getting closer to Iraq’s currency restored. That whole region needs to be back in balance. Turkey, Syria, Iraq Iran. There’s still a lot of chaos going on over there in that whole region and we need peace.
10-28-2019 Newshound Guru Jeff …Iraq can’t wait too much longer. If you look at the demonstrations people are getting frustrated. People want the government to fulfill their obligations to the citizens. They’re looking for improved lives. Purchasing power. Better government services. Healthcare. Jobs. Better housing. Better lives. The government has promised them all that but the government can’t deliver that until the rate change…the governments hands are tied because external factors are in charge of the timing of the rate change. It’s that simple. There are not a lot of steps left for Iraq to do.
10-28-2019 Newshound Guru MilitiaMan Even if an interim GOI is installed or not this gets done...I am somewhat surprised Mahdi hasn’t seen by now that since they haven’t yet RI’d just yet, he is ineffective and will be going forward without it. They don’t RI he will be the loser, he resigns he will be a loser. The only way out imo could be, is for him to make sure there is an RI and quite quickly too. So, let’s see what the week brings. An emergency or extraordinary meeting is said to be slated for tomorrow [Monday]... [post 2 of 2
10-28-2019 Newshound Guru MilitiaMan I...see the demands of the people are well orchestrated, not as openly obvious as most would like. However, the next move is from the more affluent citizens. The professional level calling for to demonstrate tomorrow adds to the pressure to get the RI completed...They IMO know the RI will bring forth peace, prosperity and security. They know an international value related Dinar of a fully compliant Article 8 currency will bring all of those things... [post 1 of 2....stay tuned]
10-28-2019 Intel Guru MarkZ [...do you think that the riots in Iraq will stop the rv...?] I do not believe the riots in Iraq will stop the RV…I believe it will push it faster…These riots will not stop until they revalue their dinar… [...do you still believe it will be over by the 31st of October...?] Yes I do. [When do you look to see the 800 numbers?] They could appear right now and I would not be surprised...they could appear on Wednesday and I would not be surprised...anytime now… and I would not be surprised. I have great contacts in the banks and I personally believe there will be 800 numbers and no I do not think they are from the cabal.
10-28-2019 Newshound/Intel Guru RVAlready Wow. Baghdadi dead, GOI possibly disbanding, CBI close to RV, reforms to go forward, replacement government. This could be good for everybody. Maybe the replacements will represent the citizens, and not part of the corruption
10-28-2019 Intel Guru Delta ...ONE THE DEMAND IS TO STOP AUCTION AND MOVE TO MARKET ECONOMY WHICH IS REQUIRED ARTICLE 8 AND LIFTING 3 ZEROS AND GIVE DINAR TRUE VALUE...WHEN THINGS LOOKS BAD THAT WILL BE THE BEST TIME TO PULL IT...IMO.
10-28-2019 Newshound Guru VitalBrad …Some big Middle Eastern news just came out. Donald Trump tweeted…”Something very big has just happened!”… [article] “ISIS leader Abu Bakr al-Baghdadi Believed To Have Been Killed” … I believe this is another big victory to getting closer to Iraq’s currency restored. That whole region needs to be back in balance. Turkey, Syria, Iraq Iran. There’s still a lot of chaos going on over there in that whole region and we need peace.
10-28-2019 Newshound Guru Jeff …Iraq can’t wait too much longer. If you look at the demonstrations people are getting frustrated. People want the government to fulfill their obligations to the citizens. They’re looking for improved lives. Purchasing power. Better government services. Healthcare. Jobs. Better housing. Better lives. The government has promised them all that but the government can’t deliver that until the rate change…the governments hands are tied because external factors are in charge of the timing of the rate change. It’s that simple. There are not a lot of steps left for Iraq to do.
10-28-2019 Newshound Guru MilitiaMan Even if an interim GOI is installed or not this gets done...I am somewhat surprised Mahdi hasn’t seen by now that since they haven’t yet RI’d just yet, he is ineffective and will be going forward without it. They don’t RI he will be the loser, he resigns he will be a loser. The only way out imo could be, is for him to make sure there is an RI and quite quickly too. So, let’s see what the week brings. An emergency or extraordinary meeting is said to be slated for tomorrow [Monday]... [post 2 of 2
10-28-2019 Newshound Guru MilitiaMan I...see the demands of the people are well orchestrated, not as openly obvious as most would like. However, the next move is from the more affluent citizens. The professional level calling for to demonstrate tomorrow adds to the pressure to get the RI completed...They IMO know the RI will bring forth peace, prosperity and security. They know an international value related Dinar of a fully compliant Article 8 currency will bring all of those things... [post 1 of 2....stay tuned]
10-27-2019 Newshound/Intel Guru RVAlready ...seems a good time to pull the trigger to me... I am just sad that so many had to die in the protests.
10-27-2019 Newshound Guru ChrisC Article: "Barham Saleh holds an emergency meeting to discuss the dismissal of the government and the announcement of a transitional government" If you really look at the situation, this could have been predicted but is even more bold than I had anticipated. Remember the picture of him talking to Trump? Wasn't it this very guy that Trump said we have some really important things to talk about in private? ...I bet Trump had every person already picked for another govt., they just needed the people to make the choice of getting rid of the old one. I told you these guys are masters of this move. They come in and save the day and the people say "who was that masked man?".
10-27-2019 Newshound/Intel Guru David M. Witty Iraqi high level political source: Iraqi PM Abdel-Mahdi will resign due to protests.
10-27-2019 Intel Guru Frank26 ...THE GOI AND CBI ARE TWO COMPLETELY DIFFERENT ENTITIES ...THE GOI HAS AN AGENDA SELFISHLY FOR THEMSELVES. AS THE CBI ALSO HAS ITS OWN AGENDA! NEITHER ONE STOPS THEIR GOALS DUE TO THE OTHER. IMO ALAQ AND THE CBI'S RI IS MARCHING... EVEN AS THE CITZ MARCH AGAINST THE GOI. AND IMO ...THE GOI CONTINUES TO STEAL THE CITZ'S MONEY AS THE CBI CONTINUES TO TRY TO BRING BACK THE CITZ'S THEIR MONEY...
10-27-2019 Newshound Guru ChrisC Article: "Barham Saleh holds an emergency meeting to discuss the dismissal of the government and the announcement of a transitional government" If you really look at the situation, this could have been predicted but is even more bold than I had anticipated. Remember the picture of him talking to Trump? Wasn't it this very guy that Trump said we have some really important things to talk about in private? ...I bet Trump had every person already picked for another govt., they just needed the people to make the choice of getting rid of the old one. I told you these guys are masters of this move. They come in and save the day and the people say "who was that masked man?".
10-27-2019 Newshound/Intel Guru David M. Witty Iraqi high level political source: Iraqi PM Abdel-Mahdi will resign due to protests.
10-27-2019 Intel Guru Frank26 ...THE GOI AND CBI ARE TWO COMPLETELY DIFFERENT ENTITIES ...THE GOI HAS AN AGENDA SELFISHLY FOR THEMSELVES. AS THE CBI ALSO HAS ITS OWN AGENDA! NEITHER ONE STOPS THEIR GOALS DUE TO THE OTHER. IMO ALAQ AND THE CBI'S RI IS MARCHING... EVEN AS THE CITZ MARCH AGAINST THE GOI. AND IMO ...THE GOI CONTINUES TO STEAL THE CITZ'S MONEY AS THE CBI CONTINUES TO TRY TO BRING BACK THE CITZ'S THEIR MONEY...
10-26-2019 Newshound/Intel Guru Mnt Goat ...This is why Iraq has the currency auctions and must continue the auctions until the OFAC sanctions are lifted. ...The bottom line is the US must lift OFAC sanctions against Iraq or the banks will not be exchanging our Iraq dinars. This is something as dinar holders we all need to be aware of and look for... this has nothing to do with UN Chapter VII sanctions. These are in-addition to the UN sanctions. This is in dealing with the US banks. [post 3 of 3]
10-26-2019 Newshound/Intel Guru Mnt Goat What are OFAC sanctions? The US Office of Foreign Assets Control (OFAC) is responsible for creating, implementing and enforcing the United States’ sanctions...All of the following types of financial transactions should be reviewed for OFAC compliance: Deposit (checking & savings) accounts, Loans, Credit Cards, Wire transfers, ACH transfers. ...Iraq has already prepared themselves for the day when these sanctions will be lifted. But not yet. [post 2 of 3....stay tuned]
10-26-2019 Newshound/Intel Guru Mnt Goat ...what is holding up the reinstatement of the Iraqi dinar. We heard news in December 2017 that...UN Chapter VII sanctions has been lifted...Many were excited and hoped this would also release the currency...that this would free up the monetary system for Iraq and allow them to reinstate the currency. But this is NOT the case and here is why. In the recent past I told you it is the US that is holding up the final steps... let me show you now how the US is involved in holding up the reinstatement of the Iraqi dinar. OFAC Sanctions... [post 1 of 3....stay tuned]
10-26-2019 Newshound Guru Kaperoni The truth is the riots and protests are escalating in Iraq. Civil unrest is becoming evident. Iraq is doing everything It can just to keep things from falling apart. No reforms, no investment and no laws are being passed. If and when there is ever any currency reform it'll be when the country is stable, the laws are passed to invite in foreign investment, people are working, and Iraq has something to export other than oil. Only then can the CBI create the conditions to allow the currency to rise.
10-26-2019 Newshound/Intel Guru Mnt Goat What are OFAC sanctions? The US Office of Foreign Assets Control (OFAC) is responsible for creating, implementing and enforcing the United States’ sanctions...All of the following types of financial transactions should be reviewed for OFAC compliance: Deposit (checking & savings) accounts, Loans, Credit Cards, Wire transfers, ACH transfers. ...Iraq has already prepared themselves for the day when these sanctions will be lifted. But not yet. [post 2 of 3....stay tuned]
10-26-2019 Newshound/Intel Guru Mnt Goat ...what is holding up the reinstatement of the Iraqi dinar. We heard news in December 2017 that...UN Chapter VII sanctions has been lifted...Many were excited and hoped this would also release the currency...that this would free up the monetary system for Iraq and allow them to reinstate the currency. But this is NOT the case and here is why. In the recent past I told you it is the US that is holding up the final steps... let me show you now how the US is involved in holding up the reinstatement of the Iraqi dinar. OFAC Sanctions... [post 1 of 3....stay tuned]
10-26-2019 Newshound Guru Kaperoni The truth is the riots and protests are escalating in Iraq. Civil unrest is becoming evident. Iraq is doing everything It can just to keep things from falling apart. No reforms, no investment and no laws are being passed. If and when there is ever any currency reform it'll be when the country is stable, the laws are passed to invite in foreign investment, people are working, and Iraq has something to export other than oil. Only then can the CBI create the conditions to allow the currency to rise.
10-25-2019 **** Dinar Guru Update **** UPDATE: Guru Walkingstick had surgery yesterday. Word is that the surgery went well and he is recovering from that but still has a ways to go. He has been struggling with cancer for some time now. Please keep him in your thoughts and prayers for a successful day and speedy recovery.
10-25-2019 Intel Guru Frank26 ...ALAQ HAS COME OUT ONCE AGAIN...AND EVEN DURING THIS CHAOS...TO TALK ABOUT THE MONETARY REFORM. THE CBI IS OVERSEEING THE REACTION OF TODAY AND IMO...IS TRYING TO TELL THE CITIZENS TO CALM DOWN SO THAT THEY CAN DO WHAT THEY WANT TO DO FOR THE CITIZENS OF IRAQ. BASED ON OUR STUDY...EXACTLY WHAT WE TOLD YOU WOULD HAPPEN TODAY.
10-25-2019 Intel Guru Bruce I believe that it is conceivable that we would get started hopefully not pushed off until Monday - or even Saturday... But, we can’t say for sure... ...we’re not to talk about rates so I won’t but I will say that our sources that are close to the forex are saying that the value of certain currencies we have are continually going up... We know that Iraq has way passed their 72 hr window – I believe it’s just a matter of timing for everything to get released to us and hopefully that is soon rather than later... [post 2 of 2]
10-25-2019 Intel Guru Bruce [via WiserNow] ...last night, yesterday...they were sending out trounces of large funds...The funding is in place - The money is there - waiting for us...we were supposed to receive our notifications before lunchtime today – So what happened? Treasury stopped it from going this morning because there was a change in the number of currencies that were going to be put out in the first offering or the first basket...ultimately the plan is to not have but one release not a second or third or fourth basket - those days are gone...they don’t want those of us that are a part of this first offering to double up and purchase additional currency that we know are going in the second or third or fourth basket...that was decided on this morning...that’s how close we are... [post 1 of 2....stay tuned]
10-25-2019 Intel Guru MarkZ This thing can go anytime...even a weekend imo... The reset is not dependent on a day or time. A lot of unrest in Iraq...this will continue until they get the new rate... My contacts in Iraq feel they will see they new rate this weekend...We are in the middle of one of the biggest events in history right now…
10-25-2019 Newshound Guru Kaperoni The dinar cannot RV...Nothing is about to happen other than acceptance of IMF Article VIII which we believe may happen early next year. As for the dinar exchange rate, I believe it'll gradually appreciate overtime as instructed by the IMF and the 2013 IMF Article IV Consultation. Following that directive allows for the currency to increase in value but also provides the tool the CBI needs to counter inflationary pressure created by an influx of capital as investors come to rebuild Iraq's infrastructure. I guess we'll have to see who's right, but my money is the CBI following the IMF and having tools and mechanisms to maintain price stability throughout the country.
10-25-2019 Intel Guru Bruce I believe that it is conceivable that we would get started hopefully not pushed off until Monday - or even Saturday... But, we can’t say for sure... ...we’re not to talk about rates so I won’t but I will say that our sources that are close to the forex are saying that the value of certain currencies we have are continually going up... We know that Iraq has way passed their 72 hr window – I believe it’s just a matter of timing for everything to get released to us and hopefully that is soon rather than later... [post 2 of 2]
10-25-2019 Intel Guru Bruce [via WiserNow] ...last night, yesterday...they were sending out trounces of large funds...The funding is in place - The money is there - waiting for us...we were supposed to receive our notifications before lunchtime today – So what happened? Treasury stopped it from going this morning because there was a change in the number of currencies that were going to be put out in the first offering or the first basket...ultimately the plan is to not have but one release not a second or third or fourth basket - those days are gone...they don’t want those of us that are a part of this first offering to double up and purchase additional currency that we know are going in the second or third or fourth basket...that was decided on this morning...that’s how close we are... [post 1 of 2....stay tuned]
10-25-2019 Intel Guru MarkZ This thing can go anytime...even a weekend imo... The reset is not dependent on a day or time. A lot of unrest in Iraq...this will continue until they get the new rate... My contacts in Iraq feel they will see they new rate this weekend...We are in the middle of one of the biggest events in history right now…
10-25-2019 Newshound Guru Kaperoni The dinar cannot RV...Nothing is about to happen other than acceptance of IMF Article VIII which we believe may happen early next year. As for the dinar exchange rate, I believe it'll gradually appreciate overtime as instructed by the IMF and the 2013 IMF Article IV Consultation. Following that directive allows for the currency to increase in value but also provides the tool the CBI needs to counter inflationary pressure created by an influx of capital as investors come to rebuild Iraq's infrastructure. I guess we'll have to see who's right, but my money is the CBI following the IMF and having tools and mechanisms to maintain price stability throughout the country.
10-24-2019 Intel Guru Delta Article: "Launch of the electronic platform Iraq Trade Point to provide information support to investors and businessmen" "...the platform has an active role in the development of electronic business transactions in order to support Iraq's economy internationally through its membership in the Federal Federation of World Trade Points..."
10-24-2019 Newshound Guru Kaperoni Article quote: "Large-scale demonstrations expected to take place October 25, 2019 after Friday prayers." The protests are ramping back up for tomorrow in Baghdad and throughout Iraq this could get ugly but hopefully it'll stay civil. We don't need more setbacks in reforms.
10-24-2019 Intel Guru MarkZ [via PDK] I know we are still in a very good place according to all sources. I am still told by bankers that this is it...this is our week...but they keep saying that while nothing happens...The lack of real news has me upset...yesterday should have been a big day for us all. The lack of information may be the calm before the storm, and I hope it is…Iraq is ready...Iraq is waiting on us and I think it’s the greedy bankers not letting it go...the gold is in place to back it up…they need to LET IT GO...I believe the reset and the gold standard will be released at the same time…if we were already on the gold standard IMO we would all already been paid.
10-24-2019 Intel Guru Frank26 ...IMO all the banks in Iraq received a schedule but not all received the lower denoms because the protesting on the 25th will determine if the rest are delivered or not...the 25th IMO can cancel the schedule but I don't think so...
10-24-2019 Newshound Guru MilitiaMan Article: "The Minister of Finance signs a Memorandum of Understanding in Washington with the World Bank" It sure looks like the Big Boyz have dotted some I's and Crossed some T's and it couldn't have come in a more timely manner, especially for the INTERNATIONAL INVESTORS to kick start the party. That party needs workers not unemployed demonstrators. International Investors need a rate that is internationally accepted. ...the reforms to have merit they need a rate, just as we await the depictions of the new medium of exchange to go along with that internationally accepted rate (NSCN's, Coins and or Fils) . imo Things are very exciting and we all should be pleased to see the way it it unfolding now...imo!
10-24-2019 Newshound Guru Kaperoni I hope people realize there's no such thing as an NDA when it comes to dinar...
10-24-2019 Newshound Guru Mnt Goat Taken from this site [below site link and image] on Tuesday Oct 22, 2019, Iraqi Dinar is at 84 cents sell rate (bid), but unfortunately the buy rate (when the banks buy it from you) is still 1/8 of a penny. You can see where they are going with this currency and what the rate will probably come out in Iraq once they delete the zeros. {Below image comes from: https://ferates.com/visa/usd . As of Thursday morning it is still showing same rates.}
10-24-2019 Newshound Guru Kaperoni Article quote: "Large-scale demonstrations expected to take place October 25, 2019 after Friday prayers." The protests are ramping back up for tomorrow in Baghdad and throughout Iraq this could get ugly but hopefully it'll stay civil. We don't need more setbacks in reforms.
10-24-2019 Intel Guru MarkZ [via PDK] I know we are still in a very good place according to all sources. I am still told by bankers that this is it...this is our week...but they keep saying that while nothing happens...The lack of real news has me upset...yesterday should have been a big day for us all. The lack of information may be the calm before the storm, and I hope it is…Iraq is ready...Iraq is waiting on us and I think it’s the greedy bankers not letting it go...the gold is in place to back it up…they need to LET IT GO...I believe the reset and the gold standard will be released at the same time…if we were already on the gold standard IMO we would all already been paid.
10-24-2019 Intel Guru Frank26 ...IMO all the banks in Iraq received a schedule but not all received the lower denoms because the protesting on the 25th will determine if the rest are delivered or not...the 25th IMO can cancel the schedule but I don't think so...
10-24-2019 Newshound Guru MilitiaMan Article: "The Minister of Finance signs a Memorandum of Understanding in Washington with the World Bank" It sure looks like the Big Boyz have dotted some I's and Crossed some T's and it couldn't have come in a more timely manner, especially for the INTERNATIONAL INVESTORS to kick start the party. That party needs workers not unemployed demonstrators. International Investors need a rate that is internationally accepted. ...the reforms to have merit they need a rate, just as we await the depictions of the new medium of exchange to go along with that internationally accepted rate (NSCN's, Coins and or Fils) . imo Things are very exciting and we all should be pleased to see the way it it unfolding now...imo!
10-24-2019 Newshound Guru Kaperoni I hope people realize there's no such thing as an NDA when it comes to dinar...
10-24-2019 Newshound Guru Mnt Goat Taken from this site [below site link and image] on Tuesday Oct 22, 2019, Iraqi Dinar is at 84 cents sell rate (bid), but unfortunately the buy rate (when the banks buy it from you) is still 1/8 of a penny. You can see where they are going with this currency and what the rate will probably come out in Iraq once they delete the zeros. {Below image comes from: https://ferates.com/visa/usd . As of Thursday morning it is still showing same rates.}
Screenshot from ferates.com for the dollar currency exchange - Iraqi dinar
10-23-2019 Intel Guru MarkZ [What is your guess on the dong street rate?] My guess is it will come out around .47 and be allowed to float...watch it closely.
10-23-2019 Intel Guru MarkZ I am being leaned on to not share much information right now...Depending on the NDA I sign – it will determine if I keep doing streams or not…I will strictly adhere to the NDA… In Iraq - there is no new rate at the street level as of yet. I have a contact there that I am trying to get pictures of LD’s from...I did hear the interbank rates from Iraq are available here in the US.
10-23-2019 Intel Guru Bruce [via WiserNow] ...Lets talk a little bit about what happened Saturday...Iraq reinstated/ or revalued their dinar...it was known to be international...It’s not known here yet – we know it early because of our contacts in Iraq - but that is excellent news...this is the first fruits of what we all have been waiting for 15-16 years as far as what the dinar could be worth - 8.22 - and I understand it went up slightly from there – it could be higher than that now...Now will the dong be far from it – should not be that far away...I know roughly Its going to be in that range...I want all you guys to realize how close we are to the end...
10-23-2019 Newshound/Intel Guru David M. Witty Iraqi PM Abdel-Mahdi to address nation tomorrow, one day before planned protests. He will discuss a number of reforms.
10-23-2019 Intel Guru MarkZ [the RV IS NOT SUPPOSED TO BE TAXED PER TRUMP.] I have heard that as well….but to be on the safe side- plan for taxes…prepare for the worst and hope for the best…and we all hope you are right. [NOTE: Other gurus feel it will be considered income...Consult your tax professional at the appropriate time.]
10-23-2019 Newshound/Intel Guru Mnt Goat ...We know that there are three lists of demands by the protestors. The first list included a demand to do away with the currency auctions...So, do they have plans to do away with the currency auctions any time soon? Yes...Can this all happen any time soon? Yes, it can and very quickly if there is permission to do it...If I were to guess I would say that they are waiting for the January 2020 timeframe, as we know for sure this is the best time to reinstate the currency due to accounting issues. The demands of the protestors might make this happen sooner than later. We just have to wait and see.
10-23-2019 Intel Guru MarkZ [Frank [Guru Frank26] thinks the Dong will rv at a later time] I have been told repeatedly it will go at the same time as the dinar...my redemption center contacts have trained to exchange the dong along with many other currencies in the first basket including IQD.
10-23-2019 Newshound Guru Kaperoni [does the price of oil have anything to do with Iraq adding value?] No. The price of oil is only relative to their budget because 50% of their budget is state salaries and the rest of it is operational expenses. So having consistent oil prices is important so that they can meet their budget every year. Iraq still hasn't delivered the 2020 budget [to?] Parliament for review and passing. This is a unique budget because it will include a government/private sector partnership to launch the market economy which could include up to $70 billion dollars additional expenses.
10-23-2019 Intel Guru MarkZ I am being leaned on to not share much information right now...Depending on the NDA I sign – it will determine if I keep doing streams or not…I will strictly adhere to the NDA… In Iraq - there is no new rate at the street level as of yet. I have a contact there that I am trying to get pictures of LD’s from...I did hear the interbank rates from Iraq are available here in the US.
10-23-2019 Intel Guru Bruce [via WiserNow] ...Lets talk a little bit about what happened Saturday...Iraq reinstated/ or revalued their dinar...it was known to be international...It’s not known here yet – we know it early because of our contacts in Iraq - but that is excellent news...this is the first fruits of what we all have been waiting for 15-16 years as far as what the dinar could be worth - 8.22 - and I understand it went up slightly from there – it could be higher than that now...Now will the dong be far from it – should not be that far away...I know roughly Its going to be in that range...I want all you guys to realize how close we are to the end...
10-23-2019 Newshound/Intel Guru David M. Witty Iraqi PM Abdel-Mahdi to address nation tomorrow, one day before planned protests. He will discuss a number of reforms.
10-23-2019 Intel Guru MarkZ [the RV IS NOT SUPPOSED TO BE TAXED PER TRUMP.] I have heard that as well….but to be on the safe side- plan for taxes…prepare for the worst and hope for the best…and we all hope you are right. [NOTE: Other gurus feel it will be considered income...Consult your tax professional at the appropriate time.]
10-23-2019 Newshound/Intel Guru Mnt Goat ...We know that there are three lists of demands by the protestors. The first list included a demand to do away with the currency auctions...So, do they have plans to do away with the currency auctions any time soon? Yes...Can this all happen any time soon? Yes, it can and very quickly if there is permission to do it...If I were to guess I would say that they are waiting for the January 2020 timeframe, as we know for sure this is the best time to reinstate the currency due to accounting issues. The demands of the protestors might make this happen sooner than later. We just have to wait and see.
10-23-2019 Intel Guru MarkZ [Frank [Guru Frank26] thinks the Dong will rv at a later time] I have been told repeatedly it will go at the same time as the dinar...my redemption center contacts have trained to exchange the dong along with many other currencies in the first basket including IQD.
10-23-2019 Newshound Guru Kaperoni [does the price of oil have anything to do with Iraq adding value?] No. The price of oil is only relative to their budget because 50% of their budget is state salaries and the rest of it is operational expenses. So having consistent oil prices is important so that they can meet their budget every year. Iraq still hasn't delivered the 2020 budget [to?] Parliament for review and passing. This is a unique budget because it will include a government/private sector partnership to launch the market economy which could include up to $70 billion dollars additional expenses.
10-22-2019 Newshound/Intel Guru Mnt Goat 5. part of the protesters demands is that they are sick and tired of promises by the GOI, finance committee and the CBI. They now want action and their demands fulfilled. This could be in our favor to pushing the US to approve the final steps of the project to delete the zeros. ...The request to continue with the “project to delete the zeros” has been made many times already and it has been stalled over and over again...This project includes ending the currency auctions and using the dinar globally for trade. It also includes eventually reinstating the dinar, repegging it, then placing it on the open-market currency trading platforms and placing it on a float. This is when we go to the bank. [post 2 of 2]
10-22-2019 Newshound/Intel Guru Mnt Goat what do we do know for sure? We know this: 1. to assist in developing the private sector initiatives in Iraq, they will need a viable currency and be on a level trading platform with the rest of the middle east and the world; 2. the private sector in Iraq will not take off until Iraq brings back its currency; 3. the CBI is ready to move ahead and has completed all banking reforms and progressed to the point of just waiting to issue the smaller of the smaller category notes at the banks; 4. corruption along with stalling by the US government to give permission to Iraq is the down side. The US is using the reinstatement as leverage to get what it wants from Iraq; [post 1 of 2...stay tuned]
10-22-2019 Intel Guru MarkZ Iraq is very hopeful for the new rate this week and are still saying they will go with or without us this week...I am sure they will be going with us, and hope to have a update soon. The chatter that got everyone excited over night is about “interbank rates” changing and moving which is an excellent sign we are very close. That we are right on top of it... I am more than a little excited about that.
10-22-2019 Intel Guru Frank26 Our broker called and told us...it's getting to the point where it's impossible to get the dinar now.
10-22-2019 Intel Guru MarkZ Lots of exciting chatter today…lots of rumors that I will only be allowed to do a few more streams before the NDA makes me go quiet. I am told by 2 different banking sources that I will still be allowed to deliver 800 numbers to you all. [Are we waiting for the LD’s to go first?] No – I think they will go the same time…and with all the articles out there in Iraq about LD’s we have to be close. [Could today still be a possibility?] It absolutely still could be a possibility.
10-22-2019 Intel Guru Frank26 IMO the lower denoms can't come out until: #1. The pictures and descriptions of them #2. The change in the rate.
10-22-2019 Newshound/Intel Guru Walkingstick (via Frank26) ...this Friday I believe the citizens will protest and it's not going to be a normal protest...This is the first time that we see a protest from the Iraqi citizens demanding for purchasing power, their oil proceeds rights and back pay...never have we seen this before. This is historical. The citizens are asking for what they were educated on and what they were promised and what they are entitled...they are focused on the reforms.
10-22-2019 Newshound Guru Jeff ...parliament and or the country of Iraq have very little left to do to be able to change the rate. Right now per the current facts and this can change...They only have two remaining steps. They obviously have to finish the formation of the government and get the proxies out...They gave us the back wall to get the proxies out as October 24...October 24 is not very far away now so we'll have to see how that plays out. The other thing they have to do is finish and approve the budget. Just yesterday two articles came out basically saying they they're close to reaching an agreement...
10-22-2019 Intel/Newshound Guru sandyf [Revaluation of Iraqi Dinar - The best example of Iraqi dinar revaluation is the Kuwaiti Dinar revaluation that occurred in 1990 and people who invested in the Kuwaiti dinar became billionaire over night.] ...As for Kuwait, there was never any revaluation, during the occupation the KWD was removed as the national currency and then reinstated. During that time the Central Bank of Kuwait still operated in exile and they never changed anything, a revaluation can only come from the Central Bank, anything else is speculation. This is how the reinstated value came about. "The banks were instructed to set their accounts at their August 1, 1990 levels, and to pay interest on savings and fixed deposit accounts for the entire period of the occupation."...
10-22-2019 Newshound/Intel Guru Mnt Goat what do we do know for sure? We know this: 1. to assist in developing the private sector initiatives in Iraq, they will need a viable currency and be on a level trading platform with the rest of the middle east and the world; 2. the private sector in Iraq will not take off until Iraq brings back its currency; 3. the CBI is ready to move ahead and has completed all banking reforms and progressed to the point of just waiting to issue the smaller of the smaller category notes at the banks; 4. corruption along with stalling by the US government to give permission to Iraq is the down side. The US is using the reinstatement as leverage to get what it wants from Iraq; [post 1 of 2...stay tuned]
10-22-2019 Intel Guru MarkZ Iraq is very hopeful for the new rate this week and are still saying they will go with or without us this week...I am sure they will be going with us, and hope to have a update soon. The chatter that got everyone excited over night is about “interbank rates” changing and moving which is an excellent sign we are very close. That we are right on top of it... I am more than a little excited about that.
10-22-2019 Intel Guru Frank26 Our broker called and told us...it's getting to the point where it's impossible to get the dinar now.
10-22-2019 Intel Guru MarkZ Lots of exciting chatter today…lots of rumors that I will only be allowed to do a few more streams before the NDA makes me go quiet. I am told by 2 different banking sources that I will still be allowed to deliver 800 numbers to you all. [Are we waiting for the LD’s to go first?] No – I think they will go the same time…and with all the articles out there in Iraq about LD’s we have to be close. [Could today still be a possibility?] It absolutely still could be a possibility.
10-22-2019 Intel Guru Frank26 IMO the lower denoms can't come out until: #1. The pictures and descriptions of them #2. The change in the rate.
10-22-2019 Newshound/Intel Guru Walkingstick (via Frank26) ...this Friday I believe the citizens will protest and it's not going to be a normal protest...This is the first time that we see a protest from the Iraqi citizens demanding for purchasing power, their oil proceeds rights and back pay...never have we seen this before. This is historical. The citizens are asking for what they were educated on and what they were promised and what they are entitled...they are focused on the reforms.
10-22-2019 Newshound Guru Jeff ...parliament and or the country of Iraq have very little left to do to be able to change the rate. Right now per the current facts and this can change...They only have two remaining steps. They obviously have to finish the formation of the government and get the proxies out...They gave us the back wall to get the proxies out as October 24...October 24 is not very far away now so we'll have to see how that plays out. The other thing they have to do is finish and approve the budget. Just yesterday two articles came out basically saying they they're close to reaching an agreement...
10-22-2019 Intel/Newshound Guru sandyf [Revaluation of Iraqi Dinar - The best example of Iraqi dinar revaluation is the Kuwaiti Dinar revaluation that occurred in 1990 and people who invested in the Kuwaiti dinar became billionaire over night.] ...As for Kuwait, there was never any revaluation, during the occupation the KWD was removed as the national currency and then reinstated. During that time the Central Bank of Kuwait still operated in exile and they never changed anything, a revaluation can only come from the Central Bank, anything else is speculation. This is how the reinstated value came about. "The banks were instructed to set their accounts at their August 1, 1990 levels, and to pay interest on savings and fixed deposit accounts for the entire period of the occupation."...
10-21-2019 Newshound Guru ChrisC More than a few people have contacted me...about what is going on with the...RV. ...I see the possibility of ending this deal this week before stuff hits the fan on Friday...IMO.
10-21-2019 Intel Guru MarkZ [Is the dong rate still at $2.25?] I am hearing anything from .47 to $2.25.
10-21-2019 Intel Guru MarkZ [via PDK] In Iraq we are hearing in-country at $3.91 and a rumor of $8 possibly out of country …It is a rumor as of now…but from several sources…trying to vet this... The Chinese do have the power to force this…they control the gold...they want it done right though…The people in Reno desperately want this done so they can go home…I still think the UST is the hold up... [Will we all be under a NDA?] Its very possible …we will not know until we exchange…I hear it will be around 90 days…but all is rumor until we exchange. [Are you still expecting the RV in Oct?] I absolutely am still expecting it in Oct…and am very excited about this week.
10-21-2019 Intel Guru Sergio My Conversation with the WTO ...1 Question: Does the WTO have anything to do with the exchange rate of Iraq? Answer: No the WTO facilitates the trade of goods and services between countries. 2 Question: What is the hold up of Iraq becoming a full member of the WTO? Answer: ...The stats on Iraq is that they still have not provided a service and goods assessment. 3 Question: Do you know anything that if Iraq becomes a full member of the WTO that Iraq's exchange rate would go up. Answer: I can not say with any type of authority or knowledge that that will happen, our main position as i said before is to facilitate Trade. ...
10-21-2019 Intel Guru MarkZ [Is the dong rate still at $2.25?] I am hearing anything from .47 to $2.25.
10-21-2019 Intel Guru MarkZ [via PDK] In Iraq we are hearing in-country at $3.91 and a rumor of $8 possibly out of country …It is a rumor as of now…but from several sources…trying to vet this... The Chinese do have the power to force this…they control the gold...they want it done right though…The people in Reno desperately want this done so they can go home…I still think the UST is the hold up... [Will we all be under a NDA?] Its very possible …we will not know until we exchange…I hear it will be around 90 days…but all is rumor until we exchange. [Are you still expecting the RV in Oct?] I absolutely am still expecting it in Oct…and am very excited about this week.
10-21-2019 Intel Guru Sergio My Conversation with the WTO ...1 Question: Does the WTO have anything to do with the exchange rate of Iraq? Answer: No the WTO facilitates the trade of goods and services between countries. 2 Question: What is the hold up of Iraq becoming a full member of the WTO? Answer: ...The stats on Iraq is that they still have not provided a service and goods assessment. 3 Question: Do you know anything that if Iraq becomes a full member of the WTO that Iraq's exchange rate would go up. Answer: I can not say with any type of authority or knowledge that that will happen, our main position as i said before is to facilitate Trade. ...
10-20-2019 Intel Guru Sergio Hello everyone. I have a UN update. I just got off the phone with the person who heads the communication with IRAQ. Call went like this...i have a question on Iraq Chapter 7 and their currency. ...I said i wanted to know if Iraq has to come out of chapter 7 before they can have a tradable Currency? He said NO!! i then told him i was told from a person in the UN before that they would have to come out of Chapter 7 he said the person gave me the wrong answer...
10-20-2019 Intel Guru Frank26 Article quote: "Together with my delegation, I met today in #Washington with @FeridBelhaj , @WorldBank VP- ME and NA and his team. We discussed the various projects the WB is undertaking in #Iraq & agreed to adapt new methodologies to expedite implementation." "EXPEDITE IMPLEMENTATION" ...FUAD/IMF/WB/UST/WDC...
10-20-2019 Newshound Guru larrykn Article: "Sadr urges protesters to take back to streets on Friday" The demonstrators might be the key to what we want to see...the pressure is on now...what Sadr says will come to be most of the time, so lets see what happens.
10-20-2019 Newshound/Intel Guru Francis Albert Some believe that Iraq is Sovereign and the GOI and CBI can do what they wish. This is just a short paragraph from Sadr's Friday address to the mosques. “...They all know that they have surrendered to those outside the border and that they will not be able to make any decision without their consent,”
10-20-2019 Intel Guru RayRen98 EXCHANGE LOCATION CENTERS DON'T EXPECT TO BE STAFFED UNTIL MONDAY...SO RELAX OR PARTY HEARTY, IT'S YOUR CHOICE. HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME ...JUS SAYIN'.
10-20-2019 Intel Guru Frank26 Article quote: "Together with my delegation, I met today in #Washington with @FeridBelhaj , @WorldBank VP- ME and NA and his team. We discussed the various projects the WB is undertaking in #Iraq & agreed to adapt new methodologies to expedite implementation." "EXPEDITE IMPLEMENTATION" ...FUAD/IMF/WB/UST/WDC...
10-20-2019 Newshound Guru larrykn Article: "Sadr urges protesters to take back to streets on Friday" The demonstrators might be the key to what we want to see...the pressure is on now...what Sadr says will come to be most of the time, so lets see what happens.
10-20-2019 Newshound/Intel Guru Francis Albert Some believe that Iraq is Sovereign and the GOI and CBI can do what they wish. This is just a short paragraph from Sadr's Friday address to the mosques. “...They all know that they have surrendered to those outside the border and that they will not be able to make any decision without their consent,”
10-20-2019 Intel Guru RayRen98 EXCHANGE LOCATION CENTERS DON'T EXPECT TO BE STAFFED UNTIL MONDAY...SO RELAX OR PARTY HEARTY, IT'S YOUR CHOICE. HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME ...JUS SAYIN'.
10-18-2019 Intel Guru MarkZ [via PDK] [Do you still think there will be no taxes on our exchange.] That is what I was told...It’s best to prepare for anything however. If there are taxes the good news is for most of us it will be long-term capital gains. [NOTE: Other gurus feel the dinar will be treated as ordinary income. Consult your tax professional at the appropriate time.]
10-18-2019 Newshound Guru Bloodloch "We’ve taken control of the oil in the Middle East, the oil that we’re talking about, the oil that everybody was worried about. We have the U.S. control of that,” Trump said..." Literally? Allegorically? Financially? At the very least, it is an intriguing statement.
10-18-2019 Intel Guru MarkZ [via PDK] I still feel we are very close...right on the edge of seeing this all happen for us. I’m still excited at where we are. There are a few things that I cannot share that makes me believe we will be underway in Oct. In Iraq they still are planning on going without the US if it doesn’t happen by next week. If this happens it will be “in-country” at first…but do not worry…It will force things to move quicker internationally IMO…
10-18-2019 Newshound Guru Kaperoni ...I've never said Parliament sets monetary policy. But Parliament passes laws and they can pass a law to remove the zeros off the notes or change the value of the notes. Like all countries that Redenominate their government must pass a law first. ...We don't want Parliament involved.
10-18-2019 Newshound/Intel Guru David M. Witty Iraqi protest coordinators delay planned 25 October protests until 22 November & give government 30 days to amend the constitution.
10-18-2019 Newshound/Intel Guru Mnt Goat Article: "POLITICAL DIFFERENCES STILL CONSTITUTE AN OBSTACLE TO THE LEGISLATION OF THE OIL AND GAS LAW" I keep telling everyone that the oil and gas law is imperative to getting the reinstatement of the Iraqi dinar. So, here is yet another article telling us the importance of it. I especially like this last statement and I quote – “stressing that the law, if approved, will join the sale of oil in terms of economic return”. Funny how this law comes up whenever we are in a period of time when we think that perhaps the project to delete the zeros might take off soon and be completed.
10-18-2019 Newshound Guru Bloodloch "We’ve taken control of the oil in the Middle East, the oil that we’re talking about, the oil that everybody was worried about. We have the U.S. control of that,” Trump said..." Literally? Allegorically? Financially? At the very least, it is an intriguing statement.
10-18-2019 Intel Guru MarkZ [via PDK] I still feel we are very close...right on the edge of seeing this all happen for us. I’m still excited at where we are. There are a few things that I cannot share that makes me believe we will be underway in Oct. In Iraq they still are planning on going without the US if it doesn’t happen by next week. If this happens it will be “in-country” at first…but do not worry…It will force things to move quicker internationally IMO…
10-18-2019 Newshound Guru Kaperoni ...I've never said Parliament sets monetary policy. But Parliament passes laws and they can pass a law to remove the zeros off the notes or change the value of the notes. Like all countries that Redenominate their government must pass a law first. ...We don't want Parliament involved.
10-18-2019 Newshound/Intel Guru David M. Witty Iraqi protest coordinators delay planned 25 October protests until 22 November & give government 30 days to amend the constitution.
10-18-2019 Newshound/Intel Guru Mnt Goat Article: "POLITICAL DIFFERENCES STILL CONSTITUTE AN OBSTACLE TO THE LEGISLATION OF THE OIL AND GAS LAW" I keep telling everyone that the oil and gas law is imperative to getting the reinstatement of the Iraqi dinar. So, here is yet another article telling us the importance of it. I especially like this last statement and I quote – “stressing that the law, if approved, will join the sale of oil in terms of economic return”. Funny how this law comes up whenever we are in a period of time when we think that perhaps the project to delete the zeros might take off soon and be completed.
10-19-2019 Newshound/Intel Guru Francis Albert ...This may be nothing, but it appears Minister of Finance has met with 3 of the 4 parties many believe are on the top of the food chain for currency reform in Iraq. World Bank, IMF and U.S. Treasury. Could just be a fast ball in the dirt to swing at so be careful. ...my understanding of politics and Central banking over many years... Any thing can happen overnight with just a few signatures from folks with the same motives. ...Very possible that President Trump is the man in all this. If so, He' smart enough to release it when it is just the right time for his needs.
10-19-2019 Intel Guru Frank26 ...LAST WEEK THE MINISTER OF FINANCE OF THE GOI MET WITH ONE OF THE FAB FOUR IN WASHINGTON DC...THE IMF. THEN DAYS LATER HE MET WITH...A SECOND OF THE FAB FOUR IN WASHINGTON DC ...THE UST WITH STEVE MNUCHIN. THEN...TODAY...THIS MINISTER OF FINANCE OF THE GOI MET WITH ...THE EXECUTIVE DIRECTOR OF THE...WORLD BANK...A THIRD OF THE FAB FOUR. ...THE PRESIDENT OF THE UNITED STATES DONALD J. TRUMP...THE FOURTH OF THE FAB FOUR...WILL NOW BECOME MORE DEEPLY INVOLVED WITH...IRAQ!!! "Who's Your Daddy".
10-19-2019 Newshound Guru larrykn I think it will happen or I wouldn't be here. the ? is when and what year. I was hoping that the protest over there would turn in our favor but no one would know what Iraq will do. they surprise us all the time.
10-19-2019 Intel Guru Frank26 Who do you think is in charge of the Iraqi monetary reform? ...I believe the fab 4 are in charge of the of monetary reform. We've seen it proven over and over again...the IMF, WB, UST, President of the U.S...the Fab 4 were ready many many years ago when Obama was in control...Obama decided to pull back the troops and ISIS took over and that just killed the reinstatement of the Iraqi dinar...Trump's administration will now focus on Iraq...Donald Trump...is now going to get heavily involved with Iraq..
10-19-2019 Intel Guru Sergio I devoted so much time in contacting people all over to get info from the WTO IMF Trade Bank Bank Presidents I was on a mission. And what it all came back is The CBI is the one who decides.
10-19-2019 Intel Guru Frank26 ...LAST WEEK THE MINISTER OF FINANCE OF THE GOI MET WITH ONE OF THE FAB FOUR IN WASHINGTON DC...THE IMF. THEN DAYS LATER HE MET WITH...A SECOND OF THE FAB FOUR IN WASHINGTON DC ...THE UST WITH STEVE MNUCHIN. THEN...TODAY...THIS MINISTER OF FINANCE OF THE GOI MET WITH ...THE EXECUTIVE DIRECTOR OF THE...WORLD BANK...A THIRD OF THE FAB FOUR. ...THE PRESIDENT OF THE UNITED STATES DONALD J. TRUMP...THE FOURTH OF THE FAB FOUR...WILL NOW BECOME MORE DEEPLY INVOLVED WITH...IRAQ!!! "Who's Your Daddy".
10-19-2019 Newshound Guru larrykn I think it will happen or I wouldn't be here. the ? is when and what year. I was hoping that the protest over there would turn in our favor but no one would know what Iraq will do. they surprise us all the time.
10-19-2019 Intel Guru Frank26 Who do you think is in charge of the Iraqi monetary reform? ...I believe the fab 4 are in charge of the of monetary reform. We've seen it proven over and over again...the IMF, WB, UST, President of the U.S...the Fab 4 were ready many many years ago when Obama was in control...Obama decided to pull back the troops and ISIS took over and that just killed the reinstatement of the Iraqi dinar...Trump's administration will now focus on Iraq...Donald Trump...is now going to get heavily involved with Iraq..
10-19-2019 Intel Guru Sergio I devoted so much time in contacting people all over to get info from the WTO IMF Trade Bank Bank Presidents I was on a mission. And what it all came back is The CBI is the one who decides.
10-17-2019 Newshound Guru Jeff ...about a month ago they told us in the month of February they were going to implement financial controls and measures at the ports and borders to control the funding and financing of terrorism and money laundering. The only reason you would implement those types of steps is most likely for a rate change...
10-17-2019 Intel/Newshound Guru Francis Albert To respond to Kap's quote [Reference Guru Kaperoni's 10-16-2019 Post] ...the balance sheet from CBI shows 48 Trillion Dinar "out there." Higher than what Kap has been saying. The things I believe he's missing. Firstly the Oil Credits and the banks create the dollars, UST ends up with oodles of Dinar and exchange bank to CBI, (when it is comfortable for Iraq ), at a cheap oil cost. Without the credits the whole point of the war is moot. Secondly, no one, including myself or Kap knows where these 48 Trillion Dinar are. He's assuming if Dinar goes from current to .50 then Iraq has to pony up 24 Trillion Dollars. Bad assumption. IMO, the vast, vast majority of these Dinar are in Central Banks around the globe. The very Central Banks that orchestrated the war. They have all the prerogative in the World to exchange whenever they want, up to 10 years..or not at all.
10-17-2019 Newshound/Intel Guru RVAlready ...People are speculating that Iraq wants this done before the Oct 25 protests...However the big pilgrimage to Karbala Iraq is Sat - Sun this week. I cannot help the feeling that they should have done this in January or earlier, instead of waiting until October...All of those in charge certainly need to quit the procrastination, and deliver the RV.
10-17-2019 Newshound Guru Kaperoni An article...last evening indicated that Parliament will get the 2020 budget by the end of this week to begin review. ...also...an article...stated that on October 26th is when they'll vote on special grades that has been postponed from the 24th. This is an important date for all as it pertains to CBI governor.
10-17-2019 Intel Guru MarkZ [via PDK] There is a lot of chatter about things happening on the 19th …several people I know say its significant. I have seen a lot of behind the scenes stuff…some I cannot comment on…If I had to make a guess…I think this may be our weekend...you go to bed on a Saturday Night and wake up Sunday to a new Financial world...or something like that. I think we are right on top of it...based on what I am hearing. The biggest news is from Iraq…they are worried about the protests and unrest in the country…They need to release the rv now…they are feeling great pressure to get the RV or RI out the door...I hear they will go with or without the US…I think they will go “with” us and we are that close. [What is the significance of Lower Denominations’s being released?] LD’s is big news guys...they would not be releasing those if they were not changing the value of their currency...This is a huge sign we are close.
10-17-2019 Newshound/Intel Guru Mnt Goat So, where do we stand today on getting this reinstatement of the Iraqi dinar? We know that in order for Iraq to be successful financially and economically at the level they desire, they will soon have to reinstate the dinar to the global currency exchanges and trade their currency openly. The ISX does not trade currencies but getting the ISX hooked into the NASDAQ system certainly is a plus and speaks volumes of where they are heading. There are now plans to go ahead again as the CBI and the Finance Committee has told us many times already this is their plan. Remember the article in early 2019 telling us they plan to complete this currency reform in 2019? But when will they finally move ahead with the next stage, that of the implementation of the project to delete the zeros? We know that the coins and the smaller of the smaller category notes are already staged at the banks and ready for use. How long can the banks tie up this money without using it to benefit the bank’s profit margin?
10-17-2019 Newshound Guru Jeff ...there are two things that have to happen for the rate to change. The first one is Iraq must finish the formation of the government...they've put that into hyper-speed since the demonstrations ...There's a good chance they could have that done by the end of the year...they just have to get the proxies out and do a cabinet reshuffle...the other thing we are waiting on is the 2020 budget. The reason why? First off lots of monies in this 2020 budget being utilized for the rate change...it will have Article 140 in it. HCL, those are monies that will be given back to the citizens...they could finish the budget around February...
10-17-2019 Intel/Newshound Guru Francis Albert To respond to Kap's quote [Reference Guru Kaperoni's 10-16-2019 Post] ...the balance sheet from CBI shows 48 Trillion Dinar "out there." Higher than what Kap has been saying. The things I believe he's missing. Firstly the Oil Credits and the banks create the dollars, UST ends up with oodles of Dinar and exchange bank to CBI, (when it is comfortable for Iraq ), at a cheap oil cost. Without the credits the whole point of the war is moot. Secondly, no one, including myself or Kap knows where these 48 Trillion Dinar are. He's assuming if Dinar goes from current to .50 then Iraq has to pony up 24 Trillion Dollars. Bad assumption. IMO, the vast, vast majority of these Dinar are in Central Banks around the globe. The very Central Banks that orchestrated the war. They have all the prerogative in the World to exchange whenever they want, up to 10 years..or not at all.
10-17-2019 Newshound/Intel Guru RVAlready ...People are speculating that Iraq wants this done before the Oct 25 protests...However the big pilgrimage to Karbala Iraq is Sat - Sun this week. I cannot help the feeling that they should have done this in January or earlier, instead of waiting until October...All of those in charge certainly need to quit the procrastination, and deliver the RV.
10-17-2019 Newshound Guru Kaperoni An article...last evening indicated that Parliament will get the 2020 budget by the end of this week to begin review. ...also...an article...stated that on October 26th is when they'll vote on special grades that has been postponed from the 24th. This is an important date for all as it pertains to CBI governor.
10-17-2019 Intel Guru MarkZ [via PDK] There is a lot of chatter about things happening on the 19th …several people I know say its significant. I have seen a lot of behind the scenes stuff…some I cannot comment on…If I had to make a guess…I think this may be our weekend...you go to bed on a Saturday Night and wake up Sunday to a new Financial world...or something like that. I think we are right on top of it...based on what I am hearing. The biggest news is from Iraq…they are worried about the protests and unrest in the country…They need to release the rv now…they are feeling great pressure to get the RV or RI out the door...I hear they will go with or without the US…I think they will go “with” us and we are that close. [What is the significance of Lower Denominations’s being released?] LD’s is big news guys...they would not be releasing those if they were not changing the value of their currency...This is a huge sign we are close.
10-17-2019 Newshound/Intel Guru Mnt Goat So, where do we stand today on getting this reinstatement of the Iraqi dinar? We know that in order for Iraq to be successful financially and economically at the level they desire, they will soon have to reinstate the dinar to the global currency exchanges and trade their currency openly. The ISX does not trade currencies but getting the ISX hooked into the NASDAQ system certainly is a plus and speaks volumes of where they are heading. There are now plans to go ahead again as the CBI and the Finance Committee has told us many times already this is their plan. Remember the article in early 2019 telling us they plan to complete this currency reform in 2019? But when will they finally move ahead with the next stage, that of the implementation of the project to delete the zeros? We know that the coins and the smaller of the smaller category notes are already staged at the banks and ready for use. How long can the banks tie up this money without using it to benefit the bank’s profit margin?
10-17-2019 Newshound Guru Jeff ...there are two things that have to happen for the rate to change. The first one is Iraq must finish the formation of the government...they've put that into hyper-speed since the demonstrations ...There's a good chance they could have that done by the end of the year...they just have to get the proxies out and do a cabinet reshuffle...the other thing we are waiting on is the 2020 budget. The reason why? First off lots of monies in this 2020 budget being utilized for the rate change...it will have Article 140 in it. HCL, those are monies that will be given back to the citizens...they could finish the budget around February...
10-16-2019 Newshound Guru Kaperoni ...the IMF is part of the United Nations. There is an agreement with every member country that they will follow the directives as a member. But Iraq is different as well because in December of 2015 they signed an agreement known as a standby agreement with Iraq to allow the IMF to be trustee over the CBI. If you look up the definition of a trustee you will see that they have control. And as a result, significant progress has been made at the CBI over the last few years in many areas. I'm sure they can make a move without the IMF but Iraq is an emerging market and they want to be part of the UN and they want to be part of the IMF and they want the world to do business with them so it would be probably foolish to make a move of any kind without consulting with the IMF first.
10-16-2019 Newshound Guru Kaperoni When people read these documents and they're talking about dinar in circulation and they're referencing billions...That is correct but that is in relationship to dollars. At the current exchange rate the cbi's liability for in excess of 42 trillion dinar is at or around 40 billion dollars...But if they were to RV at let's say 1 to 1 then the liability would become $42 trillion dollars...and this is why we say the CBI could never substantially RV because they couldn't afford $42 trillion dollars. That is why Parliament wants to pass a law to Lop the zeros because the liability of 42 trillion would in fact then become 42 billion...the CBI is responsible for managing monetary policy and keeping its stability ...any kind of significant RV would throw the entire monetary policy into chaos.
10-16-2019 Intel/Newshound Guru sandyf [...they say there is 42 trillion OUTSIDE of Iraq...] I don't know [who?] "they" are but I have never seen anyone say that. The only figure that means anything is the liability for currency in the CBI accounts and that currently stands at 48.5 trillion dinar... The accounts for 2005 showed that approximately 6 trillion was required to exchange previous versions into the new dinar and since then the amount has grown significantly each year. How much currency outside Iraq is pure speculation but comparisons to population and business growth have put estimates at around 25 - 40%.
10-16-2019 Intel Guru MarkZ The new rate is not published today in the Gazette...they are still expecting the new rate at any time plus releasing the LD’s this week. [Is the dong still in the first basket?] I hear that the VND dong will absolutely still be in the first basket. [Does Chinese trade deal need to be done first?... before we get the 800 numbers?] I do not think so...I believe everything is done and signed that needs to be done and signed.
10-16-2019 Intel Gurus Walkingstick & Frank26 ...IMO they have a date and they have a time to deliver the lower denoms. Yesterday they delivered a receipt. The only ting missing yesterday was the pictures and the descriptions of the lower denoms...I can't prove it to you...Does anyone want to bet me that they will see them [lower denoms] in the next week or so?
10-16-2019 Guest Guru Francis Albert I have no sources, just a pretty good understanding of finance, Central Banking etc. and there's no way one can objectively look at the actions of the CBI over the past few years and especially the past six months, and come to any other conclusion that there's currency reform underway in Iraq...everything they've done and are doing as we speak is just what investors in this want to see.
10-16-2019 Newshound Guru Kaperoni When people read these documents and they're talking about dinar in circulation and they're referencing billions...That is correct but that is in relationship to dollars. At the current exchange rate the cbi's liability for in excess of 42 trillion dinar is at or around 40 billion dollars...But if they were to RV at let's say 1 to 1 then the liability would become $42 trillion dollars...and this is why we say the CBI could never substantially RV because they couldn't afford $42 trillion dollars. That is why Parliament wants to pass a law to Lop the zeros because the liability of 42 trillion would in fact then become 42 billion...the CBI is responsible for managing monetary policy and keeping its stability ...any kind of significant RV would throw the entire monetary policy into chaos.
10-16-2019 Intel/Newshound Guru sandyf [...they say there is 42 trillion OUTSIDE of Iraq...] I don't know [who?] "they" are but I have never seen anyone say that. The only figure that means anything is the liability for currency in the CBI accounts and that currently stands at 48.5 trillion dinar... The accounts for 2005 showed that approximately 6 trillion was required to exchange previous versions into the new dinar and since then the amount has grown significantly each year. How much currency outside Iraq is pure speculation but comparisons to population and business growth have put estimates at around 25 - 40%.
10-16-2019 Intel Guru MarkZ The new rate is not published today in the Gazette...they are still expecting the new rate at any time plus releasing the LD’s this week. [Is the dong still in the first basket?] I hear that the VND dong will absolutely still be in the first basket. [Does Chinese trade deal need to be done first?... before we get the 800 numbers?] I do not think so...I believe everything is done and signed that needs to be done and signed.
10-16-2019 Intel Gurus Walkingstick & Frank26 ...IMO they have a date and they have a time to deliver the lower denoms. Yesterday they delivered a receipt. The only ting missing yesterday was the pictures and the descriptions of the lower denoms...I can't prove it to you...Does anyone want to bet me that they will see them [lower denoms] in the next week or so?
10-16-2019 Guest Guru Francis Albert I have no sources, just a pretty good understanding of finance, Central Banking etc. and there's no way one can objectively look at the actions of the CBI over the past few years and especially the past six months, and come to any other conclusion that there's currency reform underway in Iraq...everything they've done and are doing as we speak is just what investors in this want to see.
10-15-2019 Intel Guru MarkZ We are a different world today then we were when Kuwait RV’ed. At that time Kuwait had a 10 day in-country rate only before it was released t the rest of the world…..with the internet and fast communication today….i do not think the new rate can stay hidden.
10-15-2019 Newshound/Intel Guru BGG According to this article... “The protests are back on the 25th of this month" The demonstrators identify 23 demands The demonstrator demands listed include: # 1) declare a real war on corruption and open all the files of corruption and with the help of specialized international bodies to issues of corruption and the enactment of the law where you (got) This. # 5) Cancellation of the currency auction and the adoption of free market policy.
10-15-2019 Intel Guru Delta Article: "The International Finance Corporation ( IFC ) has adopted the "Guide to Corporate Governance for Iraqi Banks" issued by the Central Bank of Iraq." This bank explains that the guide has been recognized, published globally and added to international and international regulations for the first time.
10-15-2019 Intel/Newshound Guru sandyf ...When Iraq talks about raising the value, they are talking about the monetary unit. All there articles are referring to the 3 zeros, a redenomination, and in any redenomination the monetary unit rises from one value to another. Floating the currency, although a possibility, is a tremendous gamble for an emerging economy. History has shown there is as much chance of it going down as up, Egypt being a classic example.
10-15-2019 Intel Guru MarkZ It’s a painful week as we are so close….on the edge of our seats again this week...Still hearing this is our week. I do not see any can kicking. Everything points to we are in the middle of the global Currency Reset. I think we are right on the edge of seeing what we all are waiting for. I think it’s processing and the reset will soon be out the door. We are right at the precipice. Still hearing they are educating the citizens in Iraq. They are still excited for tomorrow - Wed.to see a change in rate. I think there is a very good chance we could be at the banks by this weekend.
10-15-2019 Intel Guru Frank26 ...monetary reform has nothing to do with the protesting...The protesting is a tool to put pressure on the CBI and the GOI to get their act together. What does the GOI have to do? Get rid of the Iranians...What does the CBI have to do? Currency reform so the GOI can do economic reform. And where are we with the CBI? This close [Fingers pushed together]! ...this Monday, today, IMO the banks in Iraq today received the lower denoms. What did we need for the lower denoms to be put into the hands of the citizens? ...the pictures and the descriptions...Did you see the pictures and the descriptions...? No...But the CBI is going about their business...IMO the lower denoms were delivered. Do we know that for a fact? No...maybe tomorrow, or Wednesday or Thursday [Guru] Walkingstick's firm will get in touch with him...and they will tell him, 'yeah we got them' or 'no, we didn't get them.'...you're not going to see the lower denoms...1st we have to see the pictures and descriptions of these lower denoms. It's called the education and it's very essential to the lava flow...
10-15-2019 Newshound Guru Jeff ...with Kuwait when they revalued they didn't have everything 100% positioned. They were still in a little bit of disarray and upside down...Even when they did revalue, this was March 24, 1991 it was a Sunday, Kuwait didn't even have electricity 100% turned back on and they didn't even have computers ready to go at the banks. The day they did the rate change they were having to do paper transactions at the banks. So they were more disorganized back then. Let's now look at Iraq. Iraq is dotting every "I" and crossing every "T". They're making sure that everything is 100% positioned and prefect. Iraq has used this entire year to set the rate change for this...they're getting everything ready for the 2020 budget...so those are going to be the big difference between both Kuwait and Iraq...
10-15-2019 Newshound Guru Kaperoni [show me when CBI stated free float?] ...it's not that cut and dry...it's not a question of the CBI saying they're going to float or free float or anything like that...it's what countries do. If you simply look at how countries evolve you will see they don't RV. They go from a fixed exchange rate to a float that is part of the transition because it's necessary to offset that inflationary pressure that's created from the economic and financial influx of investment...Iraq though has a lot more resources than most...they still have to follow the same rules.
10-15-2019 Newshound/Intel Guru BGG According to this article... “The protests are back on the 25th of this month" The demonstrators identify 23 demands The demonstrator demands listed include: # 1) declare a real war on corruption and open all the files of corruption and with the help of specialized international bodies to issues of corruption and the enactment of the law where you (got) This. # 5) Cancellation of the currency auction and the adoption of free market policy.
10-15-2019 Intel Guru Delta Article: "The International Finance Corporation ( IFC ) has adopted the "Guide to Corporate Governance for Iraqi Banks" issued by the Central Bank of Iraq." This bank explains that the guide has been recognized, published globally and added to international and international regulations for the first time.
10-15-2019 Intel/Newshound Guru sandyf ...When Iraq talks about raising the value, they are talking about the monetary unit. All there articles are referring to the 3 zeros, a redenomination, and in any redenomination the monetary unit rises from one value to another. Floating the currency, although a possibility, is a tremendous gamble for an emerging economy. History has shown there is as much chance of it going down as up, Egypt being a classic example.
10-15-2019 Intel Guru MarkZ It’s a painful week as we are so close….on the edge of our seats again this week...Still hearing this is our week. I do not see any can kicking. Everything points to we are in the middle of the global Currency Reset. I think we are right on the edge of seeing what we all are waiting for. I think it’s processing and the reset will soon be out the door. We are right at the precipice. Still hearing they are educating the citizens in Iraq. They are still excited for tomorrow - Wed.to see a change in rate. I think there is a very good chance we could be at the banks by this weekend.
10-15-2019 Intel Guru Frank26 ...monetary reform has nothing to do with the protesting...The protesting is a tool to put pressure on the CBI and the GOI to get their act together. What does the GOI have to do? Get rid of the Iranians...What does the CBI have to do? Currency reform so the GOI can do economic reform. And where are we with the CBI? This close [Fingers pushed together]! ...this Monday, today, IMO the banks in Iraq today received the lower denoms. What did we need for the lower denoms to be put into the hands of the citizens? ...the pictures and the descriptions...Did you see the pictures and the descriptions...? No...But the CBI is going about their business...IMO the lower denoms were delivered. Do we know that for a fact? No...maybe tomorrow, or Wednesday or Thursday [Guru] Walkingstick's firm will get in touch with him...and they will tell him, 'yeah we got them' or 'no, we didn't get them.'...you're not going to see the lower denoms...1st we have to see the pictures and descriptions of these lower denoms. It's called the education and it's very essential to the lava flow...
10-15-2019 Newshound Guru Jeff ...with Kuwait when they revalued they didn't have everything 100% positioned. They were still in a little bit of disarray and upside down...Even when they did revalue, this was March 24, 1991 it was a Sunday, Kuwait didn't even have electricity 100% turned back on and they didn't even have computers ready to go at the banks. The day they did the rate change they were having to do paper transactions at the banks. So they were more disorganized back then. Let's now look at Iraq. Iraq is dotting every "I" and crossing every "T". They're making sure that everything is 100% positioned and prefect. Iraq has used this entire year to set the rate change for this...they're getting everything ready for the 2020 budget...so those are going to be the big difference between both Kuwait and Iraq...
10-15-2019 Newshound Guru Kaperoni [show me when CBI stated free float?] ...it's not that cut and dry...it's not a question of the CBI saying they're going to float or free float or anything like that...it's what countries do. If you simply look at how countries evolve you will see they don't RV. They go from a fixed exchange rate to a float that is part of the transition because it's necessary to offset that inflationary pressure that's created from the economic and financial influx of investment...Iraq though has a lot more resources than most...they still have to follow the same rules.
10-14-2019 Intel Guru MarkZ I think this was a productive weekend...and we will be seeing it soon...some movement in Zurich….they can now actually see funds in their accounts and expect full access tomorrow... My redemption folks were on call all weekend and today but were not called in... We have not seen a new rate in Iraq as of yet...but they do expect to see it in the Gazette on Wed.
10-14-2019 Newshound Guru Adam Montana So, this current news cycle we are reading and hearing about involving "the Kurds" isn't specifically about Iraqi Kurds, but the events unfolding right now are going to do one very significant thing with regards to Iraq...a message is being sent. I'm not saying I approve or disapprove of the tactics, or the decision to withdraw troops, or the decision to put them there in the first place. But what's happening right now is irrefutable evidence that the US of A has a huge influence in the Middle East, the affairs of the Middle East, and therefore... the Iraqi economy, which includes the trade value of the Dinar. What this sets up in the near future is the confidence and assurance that with the US on their side, Iraq can make changes, improvements, and progress. What happened to Turkey in the past, and may happen very soon again, can happen to Iraq. The same is true of the inverse... where we can inflict severe harm, we can also support massive gain. [post 2 of 2]
10-14-2019 Newshound Guru Adam Montana It was announced last week that we are withdrawing US troops from Syria, which led to talk of Turkey ramping up attacks on the Kurds...Trump responds by saying if Turkey steps out of line we will hit them in the wallet, and...we're all like "wait what about the Iraqi Dinar?!" Article quote: "...After World War I, Western powers promised Kurds their own homeland in the agreement known as the Treaty of Sèvres. But a later agreement instead divided them among Turkey, Iraq, Syria and Iran..." ...let's identify "the Kurds"... Quote: "Today, there are about 30 million Kurds living across the region, with about half of them in Turkey. Iraq is the only country in the region to have established an autonomous Kurdish region, known as Iraqi Kurdistan..." [post 1 of 2....stay tuned]
10-14-2019 Newshound Guru MilitiaMan Article: "The protests are back on the 25th of this month. The demonstrators identify 23 demands" So they are on notice again that the demonstrations will become very specific. They want what they deserve and I imagine, if they don't have things done ahead of the 10/25/2019 time frame, things will be a bit more aggressive.
10-14-2019 Newshound/Intel Guru RVAlready CBI has clear intention to implement the RV. Allaq has made that very plain... It is the folks profiting from the fiat currency systems of the world that have probably been the main holdup. I suspect the Chinese want the RV even more than us. They are probably not the hold up.
10-14-2019 Newshound Guru Kaperoni ...Articles and documents over the years and certainly there are documents...talk about raising the value but I don't think I've ever seen one where they said it would happen overnight...I do hope they raise the value I think that's in the best interest of Iraq but logically it's not possible to happen overnight. ...I don't know if it can go on Forex initially but interbanking is certainly the possibility, the CBI has stated that themselves that they are working towards that but we'll have to wait and see when they accept Article VIII what happens.
10-14-2019 Newshound Guru MilitiaMan Article: "Reveal the visit of a high Kurdish delegation to resolve the 2020 budget" Quote: "a high-level Kurdish delegation will arrive in the next few days to Baghdad to resolve the 2020 budget file." The theme we are seeing is noted, as in "days not weeks" ...They are clearly taking action now. The Sh#@ storm they went through this last week or so has the fire under the Camel now. Anyone seen now with out the good of the citizens, will not go over well. The trend has reforms front and center, as they know they have time lines for real issues that need(ed) to be addressed. ...Keep in mind the Citizens know that they have been told about NSCNs and Coins, Fils, etc. That would be something that would not go on deaf ears.. Everyone wants purchase power and that comes with the new small category notes, coins and fils. The descriptions of the real deal need to be shown, once they show them? imo.
10-14-2019 Newshound Guru Adam Montana So, this current news cycle we are reading and hearing about involving "the Kurds" isn't specifically about Iraqi Kurds, but the events unfolding right now are going to do one very significant thing with regards to Iraq...a message is being sent. I'm not saying I approve or disapprove of the tactics, or the decision to withdraw troops, or the decision to put them there in the first place. But what's happening right now is irrefutable evidence that the US of A has a huge influence in the Middle East, the affairs of the Middle East, and therefore... the Iraqi economy, which includes the trade value of the Dinar. What this sets up in the near future is the confidence and assurance that with the US on their side, Iraq can make changes, improvements, and progress. What happened to Turkey in the past, and may happen very soon again, can happen to Iraq. The same is true of the inverse... where we can inflict severe harm, we can also support massive gain. [post 2 of 2]
10-14-2019 Newshound Guru Adam Montana It was announced last week that we are withdrawing US troops from Syria, which led to talk of Turkey ramping up attacks on the Kurds...Trump responds by saying if Turkey steps out of line we will hit them in the wallet, and...we're all like "wait what about the Iraqi Dinar?!" Article quote: "...After World War I, Western powers promised Kurds their own homeland in the agreement known as the Treaty of Sèvres. But a later agreement instead divided them among Turkey, Iraq, Syria and Iran..." ...let's identify "the Kurds"... Quote: "Today, there are about 30 million Kurds living across the region, with about half of them in Turkey. Iraq is the only country in the region to have established an autonomous Kurdish region, known as Iraqi Kurdistan..." [post 1 of 2....stay tuned]
10-14-2019 Newshound Guru MilitiaMan Article: "The protests are back on the 25th of this month. The demonstrators identify 23 demands" So they are on notice again that the demonstrations will become very specific. They want what they deserve and I imagine, if they don't have things done ahead of the 10/25/2019 time frame, things will be a bit more aggressive.
10-14-2019 Newshound/Intel Guru RVAlready CBI has clear intention to implement the RV. Allaq has made that very plain... It is the folks profiting from the fiat currency systems of the world that have probably been the main holdup. I suspect the Chinese want the RV even more than us. They are probably not the hold up.
10-14-2019 Newshound Guru Kaperoni ...Articles and documents over the years and certainly there are documents...talk about raising the value but I don't think I've ever seen one where they said it would happen overnight...I do hope they raise the value I think that's in the best interest of Iraq but logically it's not possible to happen overnight. ...I don't know if it can go on Forex initially but interbanking is certainly the possibility, the CBI has stated that themselves that they are working towards that but we'll have to wait and see when they accept Article VIII what happens.
10-14-2019 Newshound Guru MilitiaMan Article: "Reveal the visit of a high Kurdish delegation to resolve the 2020 budget" Quote: "a high-level Kurdish delegation will arrive in the next few days to Baghdad to resolve the 2020 budget file." The theme we are seeing is noted, as in "days not weeks" ...They are clearly taking action now. The Sh#@ storm they went through this last week or so has the fire under the Camel now. Anyone seen now with out the good of the citizens, will not go over well. The trend has reforms front and center, as they know they have time lines for real issues that need(ed) to be addressed. ...Keep in mind the Citizens know that they have been told about NSCNs and Coins, Fils, etc. That would be something that would not go on deaf ears.. Everyone wants purchase power and that comes with the new small category notes, coins and fils. The descriptions of the real deal need to be shown, once they show them? imo.
10-13-2019 Newshound Guru Whitelions ...I know the biggest problem is 99% of the people that got into this did it on the word or [of?] a quick payout and here we are still here but it will happen and fairly quick now...there is no going back now too much has and is being done but again to many people have pumped this now now that it very hard for people to just watch it unfold at the pace it needs to take to get it done right.
10-13-2019 Guest Guru Francis Albert ...IMO while the Oil Credits may be, and I believe are, an important factor. If they are an illusion, then that leaves no real avenue for U.S. to profit from the war..which was the whole point. ...All banks can and do monetize debt instruments. (create the dollars), and all currencies are debt instruments. So, if the banks so desired, they can make this work for Iraq with taking up to ten years for Iraq to pony up.
10-13-2019 Newshound Guru Kaperoni I don't mind having conversations with people that want to discuss different subjects pertaining to the dinar but I wish they would do their homework first. For example one individual thinks that the IMF only can encourage the CBI but cannot control them or dictate. But more importantly back in 2015 when Iraq was in financial dire straits when oil prices we're low an agreement giving trustee to the IMF over the CBI was sign around December 2015. There's also a significant difference between the guru oil credit nonsense and the recent agreement between China and Iraq selling oil at market price in exchange for work labor to rebuild the country.
10-13-2019 Guest Guru Francis Albert All countries manipulate their currency. Value lowers when more is printed and value is raised when people have more confidence in the currency, which of course, has many factors affecting confidence. Well, if it goes on FOREX higher than the present rate, it will IMO trade up to $3.00 range fast...just not as dramatic as a classic RV. And I believe that is the scenario we'll see. Could be wrong, but don't think I am.
10-13-2019 Newshound/Intel Guru BGG Article: "Iraqis are floating on oil … and sinking into poverty, unemployment and corruption" Wow...They are saying almost exactly half of all the revenues Iraq produced between 2005-2017 were wasted due to corruption! “…350 billion through currency smuggling, auction of the Central Bank and lagging contracts and fake projects”. They also go on to talk about the oil reserves, the plan to revalue the Dinar and the current undervaluation of the Dinar; “…which remains under the logical limit of the fifth largest oil producer in the world (1200 dinars per dollar)”. Whoa… not bad. Not too bad at all... It’s no wonder the Iraqi people are rising up. They are sick of it. Good for them.
10-13-2019 Guest Guru Francis Albert ...IMO while the Oil Credits may be, and I believe are, an important factor. If they are an illusion, then that leaves no real avenue for U.S. to profit from the war..which was the whole point. ...All banks can and do monetize debt instruments. (create the dollars), and all currencies are debt instruments. So, if the banks so desired, they can make this work for Iraq with taking up to ten years for Iraq to pony up.
10-13-2019 Newshound Guru Kaperoni I don't mind having conversations with people that want to discuss different subjects pertaining to the dinar but I wish they would do their homework first. For example one individual thinks that the IMF only can encourage the CBI but cannot control them or dictate. But more importantly back in 2015 when Iraq was in financial dire straits when oil prices we're low an agreement giving trustee to the IMF over the CBI was sign around December 2015. There's also a significant difference between the guru oil credit nonsense and the recent agreement between China and Iraq selling oil at market price in exchange for work labor to rebuild the country.
10-13-2019 Guest Guru Francis Albert All countries manipulate their currency. Value lowers when more is printed and value is raised when people have more confidence in the currency, which of course, has many factors affecting confidence. Well, if it goes on FOREX higher than the present rate, it will IMO trade up to $3.00 range fast...just not as dramatic as a classic RV. And I believe that is the scenario we'll see. Could be wrong, but don't think I am.
10-13-2019 Newshound/Intel Guru BGG Article: "Iraqis are floating on oil … and sinking into poverty, unemployment and corruption" Wow...They are saying almost exactly half of all the revenues Iraq produced between 2005-2017 were wasted due to corruption! “…350 billion through currency smuggling, auction of the Central Bank and lagging contracts and fake projects”. They also go on to talk about the oil reserves, the plan to revalue the Dinar and the current undervaluation of the Dinar; “…which remains under the logical limit of the fifth largest oil producer in the world (1200 dinars per dollar)”. Whoa… not bad. Not too bad at all... It’s no wonder the Iraqi people are rising up. They are sick of it. Good for them.
10-12-2019 Guest Guru Francis Albert So, on the Dinar and outstanding Dinar IMO the big banks want Iraq to succeed because they are in there with bases, protecting their oil and they are salivating over fertile land and water in Iraq. They will do all they can to keep Iraq peaceful and yes, happy and financially successful. So, since banks just create money, money is not an issue for them. It is about control and protecting Dollar Inc. Kap may be close to the 40 Trillion outstanding, I don't know..would not be surprised if that's accurate. But, you can't look at something in a vacuum. Who owns the notes? What is their agenda? It is like looking at an organ of the body without looking at the whole person... [post 2 of 2]
10-12-2019 Guest Guru Francis Albert There are more "loose particles" that are ostensibly good arguments why Kap's [Guru Kaperoni's] opinion that 40 Trillion Dinar "out there" make it impossible for any significant up tick in IQD is not a show stopper. The main one is the argument...that oil credits, which are not just guru non sense IMO, will soak up a bunch of Dollars/Dinar. Also 3 zero notes will have a 10 year shelf life and banks can manipulate how quickly they cash in. Here's the thing. IMO Banks, all big banks that are owned by the Dollar Inc. Boys where at the top of the food chain to even do this "war" with Iraq. They drive the agenda for most things. Remember these are the very same that run the IMF, World Bank, BIS and U.N. And the people they meet and sit with are also big players in defense etc. The people who love war. [post 1 of 2....stay tuned]
10-12-2019 Intel Guru MarkZ My contacts at redemption centers are on call...they have not been called in yet. Iraq does not have a new published rate yet...they still expect it to happen by Monday...
10-12-2019 Guest Guru Sergio Even before Hussein came back into power the IQD was about 2.80 and all they had was oil...So saying they can’t just use oil to RV is not true. Point 2 the only reason the rate is what it’s at now is because the CBI took a program rate from the IMF... As for those who think the IMF is controlling the CBI they are flat out wrong. As some of those who know me on here, know I have spoken to the IMF and was told flat out that the currency rate of any country is in the hands of that counties central Bank. The IQD was never traded by Banks in its history. Things can change on a dime and as with anything could be for good or bad. I am in it to win it...As always we wait.
10-12-2019 Newshound Guru Jeff Article "Parliamentary Finance: Delegations form the region arrived in Baghdad to pressure the government to pass the 2020 budget" ...This article is very important. It's telling you that a Kurdish delegation is headed to Baghdad to recommend to them to approve and complete the 2020 budget...this is huge...this budget has everything to do with the rate change...
10-12-2019 Newshound Guru Kaperoni The guru's have been making silly statements about oil in exchange for dinar at a reduced price for years. It could never occur because Iraq is 90% dependent on oil and their annual budget is based on a oil dollar amount. Circumventing would prevent them from meeting that budget...I don't think Iraq will ever pay China in oil, I think that was only a guarantee to help facilitate the market economy. But even if they were, it is not the same as what the guru's have been talking about for years when referencing oil credits.
10-12-2019 Intel Guru Frank26 NDA's are a bunch of garbage. It's the gurus way of exaggerating what they think is valuable to give to you...and to make it look like they're special...
10-12-2019 Newshound Guru Breitling ...It [protesters] actually has an advantage for our investment. Because it's putting pressure on the Iraq government to add value. So not only are the oil prices going down, not only has the reserve been depleted, now you have people rioting because they are not being taken care of and they need to add value to their currency. So it advances our investment. It advances our speculation...
10-12-2019 Guest Guru Francis Albert There are more "loose particles" that are ostensibly good arguments why Kap's [Guru Kaperoni's] opinion that 40 Trillion Dinar "out there" make it impossible for any significant up tick in IQD is not a show stopper. The main one is the argument...that oil credits, which are not just guru non sense IMO, will soak up a bunch of Dollars/Dinar. Also 3 zero notes will have a 10 year shelf life and banks can manipulate how quickly they cash in. Here's the thing. IMO Banks, all big banks that are owned by the Dollar Inc. Boys where at the top of the food chain to even do this "war" with Iraq. They drive the agenda for most things. Remember these are the very same that run the IMF, World Bank, BIS and U.N. And the people they meet and sit with are also big players in defense etc. The people who love war. [post 1 of 2....stay tuned]
10-12-2019 Intel Guru MarkZ My contacts at redemption centers are on call...they have not been called in yet. Iraq does not have a new published rate yet...they still expect it to happen by Monday...
10-12-2019 Guest Guru Sergio Even before Hussein came back into power the IQD was about 2.80 and all they had was oil...So saying they can’t just use oil to RV is not true. Point 2 the only reason the rate is what it’s at now is because the CBI took a program rate from the IMF... As for those who think the IMF is controlling the CBI they are flat out wrong. As some of those who know me on here, know I have spoken to the IMF and was told flat out that the currency rate of any country is in the hands of that counties central Bank. The IQD was never traded by Banks in its history. Things can change on a dime and as with anything could be for good or bad. I am in it to win it...As always we wait.
10-12-2019 Newshound Guru Jeff Article "Parliamentary Finance: Delegations form the region arrived in Baghdad to pressure the government to pass the 2020 budget" ...This article is very important. It's telling you that a Kurdish delegation is headed to Baghdad to recommend to them to approve and complete the 2020 budget...this is huge...this budget has everything to do with the rate change...
10-12-2019 Newshound Guru Kaperoni The guru's have been making silly statements about oil in exchange for dinar at a reduced price for years. It could never occur because Iraq is 90% dependent on oil and their annual budget is based on a oil dollar amount. Circumventing would prevent them from meeting that budget...I don't think Iraq will ever pay China in oil, I think that was only a guarantee to help facilitate the market economy. But even if they were, it is not the same as what the guru's have been talking about for years when referencing oil credits.
10-12-2019 Intel Guru Frank26 NDA's are a bunch of garbage. It's the gurus way of exaggerating what they think is valuable to give to you...and to make it look like they're special...
10-12-2019 Newshound Guru Breitling ...It [protesters] actually has an advantage for our investment. Because it's putting pressure on the Iraq government to add value. So not only are the oil prices going down, not only has the reserve been depleted, now you have people rioting because they are not being taken care of and they need to add value to their currency. So it advances our investment. It advances our speculation...
10-11-2019 Intel Guru MarkZ [via PDK] We heard Trump signed off with the Chinese at around 12 - 12:30 est today…this came from a number of great sources. We are hearing phenomenal things out of Iraq…they believe the new rate is absolutely a “go” over the weekend or Monday - Tuesday timeframe. The people I spoke with in Europe...expects things to all break loose this weekend. At the Redemption center- my contacts were told to expect to work this weekend…they will be told between 9 - 11 tonight if they will be working for sure. It’s time to get a little excited – just stay grounded and don’t quit your day job just yet. But I think this is the real thing…I’m almost giddy tonight.
10-11-2019 Newshound Guru Jeff ...we still have 2 things remain for the rate change. They have to finish the formation of the government... positively or tentatively next Tuesday...Iraq went from telling you nothing about the formation of the government regarding the education minister, Health Minister...And they were Able to magically out of nowhere put nominees in there at the blink of an eye like it was nothing...They were intentionally delaying and timing...to have the government finished and formed around the timing of the rate change. That's why they were delaying it and dragging it...they voted them in in two seconds. They had to change what they were doing to satisfy and appease the demonstrators...they are on track to get it done...this is happening right in front of you. This isn't my opinion...we're waiting on the 2020 budget which will get done next year...
10-11-2019 Intel Guru Okie_Oil_Man I've been keeping up with the RV situation 24/7. We are certainly on the cusp... [I keep waiting for you, Okie, to say the plan has landed.] I'll be glad to say that as soon as it does. By next Tuesday it is a strong possibility if not a probability, according to what I'm being told, right or wrong. Time will tell. [Guru Okie is a long time contributor to the dinar community and is in need of prayers due to health issues. Please keep him in your thoughts and prayers.]
10-11-2019 Intel Guru RVAlready It does seem that Iraq is ready for early next week.
10-11-2019 Newshound/Intel Guru BGG [Reference Guru Kaperoni's post 10-11-19] I’m not sure this is as much a “slam dunk” translation as is laid out here. Further…How would this POSSIBLY reconcile with all their previous statements that the new and old versions would co-exist in the market place for as long as 10 years? How would this be possible? Also note the...post [Reference Guru Kaperoni's post 10-8-2019] regarding Kaperoni’s dramatic statement about oil credits being “nonsense” followed the very next day by an actual news release out of Iraq detailing just such an arrangement agreed to by both Mahdi and China. Hmmmmm…
10-11-2019 Intel Guru MarkZ We are in an incredible window of opportunity. Zurich is still waiting for dollars…They are beyond frustrated...they were told they will process over the weekend. In Iraq...hearing the 14th is still a big day for their LD’s on Monday. [Three day banking window] It sure is...big window of opportunity… Awesome window.
10-11-2019 Newshound Guru Kaperoni People can only sit for so long with empty promises to they get restless. The government needs to activate economic reforms, laws and the banking system needs to get open for investors to come in. Otherwise violence is only going to escalate.
10-11-2019 Newshound Guru Jeff ...we still have 2 things remain for the rate change. They have to finish the formation of the government... positively or tentatively next Tuesday...Iraq went from telling you nothing about the formation of the government regarding the education minister, Health Minister...And they were Able to magically out of nowhere put nominees in there at the blink of an eye like it was nothing...They were intentionally delaying and timing...to have the government finished and formed around the timing of the rate change. That's why they were delaying it and dragging it...they voted them in in two seconds. They had to change what they were doing to satisfy and appease the demonstrators...they are on track to get it done...this is happening right in front of you. This isn't my opinion...we're waiting on the 2020 budget which will get done next year...
10-11-2019 Intel Guru Okie_Oil_Man I've been keeping up with the RV situation 24/7. We are certainly on the cusp... [I keep waiting for you, Okie, to say the plan has landed.] I'll be glad to say that as soon as it does. By next Tuesday it is a strong possibility if not a probability, according to what I'm being told, right or wrong. Time will tell. [Guru Okie is a long time contributor to the dinar community and is in need of prayers due to health issues. Please keep him in your thoughts and prayers.]
10-11-2019 Intel Guru RVAlready It does seem that Iraq is ready for early next week.
10-11-2019 Newshound/Intel Guru BGG [Reference Guru Kaperoni's post 10-11-19] I’m not sure this is as much a “slam dunk” translation as is laid out here. Further…How would this POSSIBLY reconcile with all their previous statements that the new and old versions would co-exist in the market place for as long as 10 years? How would this be possible? Also note the...post [Reference Guru Kaperoni's post 10-8-2019] regarding Kaperoni’s dramatic statement about oil credits being “nonsense” followed the very next day by an actual news release out of Iraq detailing just such an arrangement agreed to by both Mahdi and China. Hmmmmm…
10-11-2019 Intel Guru MarkZ We are in an incredible window of opportunity. Zurich is still waiting for dollars…They are beyond frustrated...they were told they will process over the weekend. In Iraq...hearing the 14th is still a big day for their LD’s on Monday. [Three day banking window] It sure is...big window of opportunity… Awesome window.
10-11-2019 Newshound Guru Kaperoni People can only sit for so long with empty promises to they get restless. The government needs to activate economic reforms, laws and the banking system needs to get open for investors to come in. Otherwise violence is only going to escalate.
10-10-2019 Intel Guru MarkZ [Will banks close on Columbus day and will that effect exchanges?] I have been told many times that even if banks are closed…redemption centers can be open and doing our exchanges. Once we start…They want us to our exchanges as quickly as possible.
10-10-2019 Newshound Guru Breitling ...there's institutions out there that are already starting to fight for your currency. A lot of people are getting emails from these currency exchange dealers. They used to offer $650 for the dinar [1 million] you have. Now they're offering $850 right now I think in the emails I'm getting. So it's starting...
10-10-2019 Newshound Guru Kaperoni Article: "Finance Committee in the Iraqi Council of Representatives announced on Monday (19-August-2019) the government direction to reinstate the currency and delete zeros from paper currency in order to strengthen the national economy" You better hope that doesn't happen because they're talking about a lop it's clear as day..."I want to remove the zeros off the paper"...meaning lop them. ...my hope is the CBI is going to follow the directive of the IMF in float the currency and allow it to gradually rise based on the influx of capital as a result of significant investment to create a market economy. But as a backup it seems that Parliament wants to pass a law to Simply lop the zeros off the notes and create a one-to-one exchange rate, as well as reducing the currency from trillions to billions... We have to hope iraq succeeds in launching this market economy.
10-10-2019 Newshound Guru Whitelions ...this is an exchange only and we as privet [private ?] people have 2 years to turn in where as the banks of the world have 10 years. either Iraq can ask the banks to turn in as they need or the banks can turn in as the rate changes at a penny or 2. we will take our dinar to the banks and they will deal with the cbi from there...we do know the CBI has told us how they will handle the dinar its on their web site. [10 yrs to redeem?] ...for the banks of the world yes for us and all the people taking it to the banks 2 years... this is really close...the demonstrations have set it back a little...
10-10-2019 Intel Guru Delta ...MAHDI WILL SUBMIT NEW LIST TO REPLACE PROXY POSITIONS BEFORE 10/24...THEY HAVE NO MORE CAN TO KICK...THEY WILL BE KICKED HARD THIS TIME IF THEY DON'T DELIVER...
10-10-2019 Intel Guru MarkZ [via PDK] Still hearing positive things from Iraq that are expect the new rate by the 14th. It is a long weekend- Columbus Day Weekend…and there is a lot of expectation for this weekend... Could we be out the door earlier? Yes…wish I could give a better idea on timing but I can’t.
10-10-2019 Newshound Guru chattels Article: "Iraq, China launch 'oil for reconstruction' agreement" Quote: "When Iraqi Prime Minister Adel Abdul Mahdi led a delegation to China in September, Baghdad and Beijing activated an "oil for reconstruction" and investment program. Under the arrangement, Chinese firms work in Iraq in exchange for 100,000 barrels per day." Certainly is a different means of monetizing oil or bartering oil for desperately needed services that Iraq cannot arguably otherwise afford. The foregoing would appear to contradict the following post from Kaperoni. 10-8-2019 Newshound Guru Kaperoni Oil credits and reduced prices for oil is all... nonsense...Iraq could never sell oil in exchange at a reduced price...because the budget is 90% dependent on Iraq's oil exports.
10-10-2019 Newshound/Intel Guru David M. Witty Iraqi PM Abdel-Mahdi: tomorrow [Thursday], Parliament will vote on making ministerial changes, amending the constitution, & changing election laws. We want to make real reform.
10-10-2019 Newshound Guru Adam Montana I have a longer weekly update prepared, but until these protests calm down... the GOI has their work cut out for them. It's a shame that this is happening, because I had some information towards the end of last week that had me getting pumped up. As much as many of us don't like it... Iraq needs to wade through this mess, and get the protests calmed down a bit before they can take their next steps. Don't shoot the messenger. The good news is that we aren't experiencing permanent setbacks. This too shall pass, and when it does, the progress will resume. These types of situations are usually short lived...
10-10-2019 Intel Guru Frank26 ...I believe the phase that they are in now is to distribute these lower denoms...what do you need before or synchronized with? A rate change. The description, the pictures, must come before a rate change or simultaneously. We truly believe that the phase is to show it to them, the citizens, and while they're understanding it, ding-dong Avon calling! 'I'm here to deliver you lower dinars private banks. Are you ready to accept them? Yes. Sign here.' ...this is the last and final piece of the puzzle...
10-10-2019 Newshound Guru Breitling ...there's institutions out there that are already starting to fight for your currency. A lot of people are getting emails from these currency exchange dealers. They used to offer $650 for the dinar [1 million] you have. Now they're offering $850 right now I think in the emails I'm getting. So it's starting...
10-10-2019 Newshound Guru Kaperoni Article: "Finance Committee in the Iraqi Council of Representatives announced on Monday (19-August-2019) the government direction to reinstate the currency and delete zeros from paper currency in order to strengthen the national economy" You better hope that doesn't happen because they're talking about a lop it's clear as day..."I want to remove the zeros off the paper"...meaning lop them. ...my hope is the CBI is going to follow the directive of the IMF in float the currency and allow it to gradually rise based on the influx of capital as a result of significant investment to create a market economy. But as a backup it seems that Parliament wants to pass a law to Simply lop the zeros off the notes and create a one-to-one exchange rate, as well as reducing the currency from trillions to billions... We have to hope iraq succeeds in launching this market economy.
10-10-2019 Newshound Guru Whitelions ...this is an exchange only and we as privet [private ?] people have 2 years to turn in where as the banks of the world have 10 years. either Iraq can ask the banks to turn in as they need or the banks can turn in as the rate changes at a penny or 2. we will take our dinar to the banks and they will deal with the cbi from there...we do know the CBI has told us how they will handle the dinar its on their web site. [10 yrs to redeem?] ...for the banks of the world yes for us and all the people taking it to the banks 2 years... this is really close...the demonstrations have set it back a little...
10-10-2019 Intel Guru Delta ...MAHDI WILL SUBMIT NEW LIST TO REPLACE PROXY POSITIONS BEFORE 10/24...THEY HAVE NO MORE CAN TO KICK...THEY WILL BE KICKED HARD THIS TIME IF THEY DON'T DELIVER...
10-10-2019 Intel Guru MarkZ [via PDK] Still hearing positive things from Iraq that are expect the new rate by the 14th. It is a long weekend- Columbus Day Weekend…and there is a lot of expectation for this weekend... Could we be out the door earlier? Yes…wish I could give a better idea on timing but I can’t.
10-10-2019 Newshound Guru chattels Article: "Iraq, China launch 'oil for reconstruction' agreement" Quote: "When Iraqi Prime Minister Adel Abdul Mahdi led a delegation to China in September, Baghdad and Beijing activated an "oil for reconstruction" and investment program. Under the arrangement, Chinese firms work in Iraq in exchange for 100,000 barrels per day." Certainly is a different means of monetizing oil or bartering oil for desperately needed services that Iraq cannot arguably otherwise afford. The foregoing would appear to contradict the following post from Kaperoni. 10-8-2019 Newshound Guru Kaperoni Oil credits and reduced prices for oil is all... nonsense...Iraq could never sell oil in exchange at a reduced price...because the budget is 90% dependent on Iraq's oil exports.
10-10-2019 Newshound/Intel Guru David M. Witty Iraqi PM Abdel-Mahdi: tomorrow [Thursday], Parliament will vote on making ministerial changes, amending the constitution, & changing election laws. We want to make real reform.
10-10-2019 Newshound Guru Adam Montana I have a longer weekly update prepared, but until these protests calm down... the GOI has their work cut out for them. It's a shame that this is happening, because I had some information towards the end of last week that had me getting pumped up. As much as many of us don't like it... Iraq needs to wade through this mess, and get the protests calmed down a bit before they can take their next steps. Don't shoot the messenger. The good news is that we aren't experiencing permanent setbacks. This too shall pass, and when it does, the progress will resume. These types of situations are usually short lived...
10-10-2019 Intel Guru Frank26 ...I believe the phase that they are in now is to distribute these lower denoms...what do you need before or synchronized with? A rate change. The description, the pictures, must come before a rate change or simultaneously. We truly believe that the phase is to show it to them, the citizens, and while they're understanding it, ding-dong Avon calling! 'I'm here to deliver you lower dinars private banks. Are you ready to accept them? Yes. Sign here.' ...this is the last and final piece of the puzzle...
10-9-2019 Intel Guru MarkZ [How long will we have to exchange?] I understand we will have about 10 days to make our appointments and about 30 days to do our exchanges
10-9-2019 Intel/Newshound Gurus Frank26 & Walkingstick ...Notice there has been no effect on the Iraqi dinar exchange rate due to the protesting. Not one pip movement of the Iraqi dinar exchange rate. Because it is not unstable. It is not off track. It is a process moving forward and I'm excited about Monday [October 14th]. [Reference Guru Frank26 10-8-2019 post]
10-9-2019 Newshound Guru Jeff Remember the CBI and the GOI are completely autonomous. So whatever happens with the GOI it has nothing to to do with the CBI. The CBI controls the money. The GOI controls the government and they work with the people. The only thing the CBI is seeking from the government is stability. Before they will agree to change the rate, they want the GOI to have a formed completed government...and they also need to have an approved 2020 budget because that's where post rate change monies will come from for reconstruction, Article 140 and the HCL... [post 2 of 2]
10-9-2019 Newshound Guru Jeff ...everybody else was telling us that Mahdi would be removed and that the government would be dismantled. Why aren't you giving us any of those details? Great question. Thank you for asking. Here's why. From the beginning I have told you that the demonstrations would have no bearing on this investment. If anything the demonstrations have confirmed and proven everything that I've been telling you since the end of August...the demonstrations have had no bearing. [post 1 of 2....stay tuned]
10-9-2019 Intel Guru MarkZ [via PDK] We are at the edge of our seats close today. We are in a big window of opportunity today. A number of confirmations from Iraq they are indeed expecting the LD’s and fils on the 14th...looking like a 5 day roll out is planned. [Do we have to wait until Iraq currency goes public to get. 1-800 number?] I do not think so...over 90% of their citizens have the QE card so they will get paid that way... I don’t think we will pass mid-month in October before we see the RV...
10-9-2019 Newshound/Intel Guru Mnt Goat ...as an investor in the dinar, we are not yet seeing the currency reform demand of the protestors being met. Let’ s see what happens in Thursday’s session in parliament...
10-9-2019 Intel Guru Frank26 ...the CBI 4 days ago told [guru] walkingstick's firm that on the 14th 'the acceptance of new currency to be followed by the fils.' The "Acceptance". These aren't just ordinary words. They are up here for a reason. They're well calculated...the bank must accept the responsibility of the lower denoms. This is the highest intel of the monetary reform of the Iraqi dinar...I believe very deeply in my heart they're about to show pictures and descriptions of the lower denoms to the citizens...and one more thing they will be given, the explanation...behind why their exchange rate has changed. [Reference Guru Frank26 10-8-2019 post]
10-9-2019 Intel/Newshound Gurus Frank26 & Walkingstick ...Notice there has been no effect on the Iraqi dinar exchange rate due to the protesting. Not one pip movement of the Iraqi dinar exchange rate. Because it is not unstable. It is not off track. It is a process moving forward and I'm excited about Monday [October 14th]. [Reference Guru Frank26 10-8-2019 post]
10-9-2019 Newshound Guru Jeff Remember the CBI and the GOI are completely autonomous. So whatever happens with the GOI it has nothing to to do with the CBI. The CBI controls the money. The GOI controls the government and they work with the people. The only thing the CBI is seeking from the government is stability. Before they will agree to change the rate, they want the GOI to have a formed completed government...and they also need to have an approved 2020 budget because that's where post rate change monies will come from for reconstruction, Article 140 and the HCL... [post 2 of 2]
10-9-2019 Newshound Guru Jeff ...everybody else was telling us that Mahdi would be removed and that the government would be dismantled. Why aren't you giving us any of those details? Great question. Thank you for asking. Here's why. From the beginning I have told you that the demonstrations would have no bearing on this investment. If anything the demonstrations have confirmed and proven everything that I've been telling you since the end of August...the demonstrations have had no bearing. [post 1 of 2....stay tuned]
10-9-2019 Intel Guru MarkZ [via PDK] We are at the edge of our seats close today. We are in a big window of opportunity today. A number of confirmations from Iraq they are indeed expecting the LD’s and fils on the 14th...looking like a 5 day roll out is planned. [Do we have to wait until Iraq currency goes public to get. 1-800 number?] I do not think so...over 90% of their citizens have the QE card so they will get paid that way... I don’t think we will pass mid-month in October before we see the RV...
10-9-2019 Newshound/Intel Guru Mnt Goat ...as an investor in the dinar, we are not yet seeing the currency reform demand of the protestors being met. Let’ s see what happens in Thursday’s session in parliament...
10-9-2019 Intel Guru Frank26 ...the CBI 4 days ago told [guru] walkingstick's firm that on the 14th 'the acceptance of new currency to be followed by the fils.' The "Acceptance". These aren't just ordinary words. They are up here for a reason. They're well calculated...the bank must accept the responsibility of the lower denoms. This is the highest intel of the monetary reform of the Iraqi dinar...I believe very deeply in my heart they're about to show pictures and descriptions of the lower denoms to the citizens...and one more thing they will be given, the explanation...behind why their exchange rate has changed. [Reference Guru Frank26 10-8-2019 post]
10-8-2019 Newshound Guru Kaperoni Oil credits and reduced prices for oil is all... nonsense...Iraq could never sell oil in exchange at a reduced price...because the budget is 90% dependent on Iraq's oil exports. And over 50% of the annual budget itself is salaries. Therefore they could never sell oil for less that that amount in the budget calculation for a particular year or they couldn't meet their budget not to mention they wouldn't be able to pay their people. Maybe someday if Iraq ever had a fully functional market economy and diversified to 50% or so and the state payroll was less than it is they may be an opportunity to do something like that but that is so far in the distance...
10-8-2019 Intel Guru Frank26 ...what are we looking for? We're looking for pictures and descriptions [of lower denoms]...Saturday or Sunday it's possible we might finally be introduced to those pictures and descriptions...
10-8-2019 Intel Guru MarkZ [via PDK] I am not under an NDA…yet...Rumors that elderly in Iraq are going first... Frank [Guru Frank26] had big news yesterday from [Guru] Walkingstick who is a bank owner...LD’s and Fils expected on the 14th...Close to what I just received from a number of sources in Iraq. [Reference Guru Frank26 9-8-2019 post below]
10-8-2019 Newshound/Intel Guru Mnt Goat So, there was talk of dismissal of current prime minister Mahdi. According to the constitution this would be a no confidence vote. So what happened on this vote on Saturday? A parliamentary source said on Monday that the House of Representatives will hold its eighth session to discuss the demonstrations on Tuesday. The source said in an interview with Alsumaria News, "The House of Representatives will be held at one o'clock on Tuesday, its regular session." He added that "the session will be dedicated to discuss the demonstrations and take the necessary measures to meet the demands of the demonstrators." [post 2 of 2]
10-8-2019 Newshound/Intel Guru Mnt Goat The Iraq protestors continue until the list of demands are met. We know these demands include stopping the currency auctions. We know if they do this they will then move the dinar to trade international. We have been waiting for this for many years as investors in the currency. But the question is - will this protesting effort actually put pressure on them to do it? We know there is already a plan to roll out the smaller and the small category notes and coins by the CBI. They keep telling the people of all the corruption but it seems to make no difference. [post 1 of 2....stay tuned]
10-8-2019 Newshound Guru chattels Article: "Parliament officially votes to freeze the work of provincial councils" Quote: "...The House of Representatives officially voted to freeze the work of the provincial councils. It also voted on the recommendations of the parliamentary committee charged with considering the demands of the demonstrators" It appears that the Iraqi Parliament managed to obtain a quorum for today's business.
10-8-2019 Newshound Guru Kaperoni Any such idea to release a new currency or small denominations right now would be a disaster. Iraq is doing everything they can just to maintain stability. Criticle this month is the vote on Special Grades which includes the CBI governor (Allaq could be replaced), parliament voting on laws, and parliament getting the 2020 budget to begin review that includes a significant increase in spending for the private sector.
10-8-2019 Intel Guru MarkZ A military contact says this will be done/wrapped up between Nov. 4-15th. Everyone done, groups and exchanges completed and redemption centers closed down and everybody gone home...which means they got to start soon.
10-8-2019 Intel Guru Frank26 ...the CBI has told [guru] Walkingstick's firm 3 days ago...(they have 6 banks)...that on the 14th they are to have the acceptance of new currency...It isn't even my opinion because the CBI told my friend's firm therefore it's public knowledge. To be followed by fils...whoop there it is!...When we see the pictures of the new lower denoms we've got a good chance for this to unfold...Let's pray this protesting stops being so violent...our team members are alive and well...and pray that if it calms down the pictures of the lower denoms and the descriptions come out...
10-8-2019 Intel Guru Frank26 ...what are we looking for? We're looking for pictures and descriptions [of lower denoms]...Saturday or Sunday it's possible we might finally be introduced to those pictures and descriptions...
10-8-2019 Intel Guru MarkZ [via PDK] I am not under an NDA…yet...Rumors that elderly in Iraq are going first... Frank [Guru Frank26] had big news yesterday from [Guru] Walkingstick who is a bank owner...LD’s and Fils expected on the 14th...Close to what I just received from a number of sources in Iraq. [Reference Guru Frank26 9-8-2019 post below]
10-8-2019 Newshound/Intel Guru Mnt Goat So, there was talk of dismissal of current prime minister Mahdi. According to the constitution this would be a no confidence vote. So what happened on this vote on Saturday? A parliamentary source said on Monday that the House of Representatives will hold its eighth session to discuss the demonstrations on Tuesday. The source said in an interview with Alsumaria News, "The House of Representatives will be held at one o'clock on Tuesday, its regular session." He added that "the session will be dedicated to discuss the demonstrations and take the necessary measures to meet the demands of the demonstrators." [post 2 of 2]
10-8-2019 Newshound/Intel Guru Mnt Goat The Iraq protestors continue until the list of demands are met. We know these demands include stopping the currency auctions. We know if they do this they will then move the dinar to trade international. We have been waiting for this for many years as investors in the currency. But the question is - will this protesting effort actually put pressure on them to do it? We know there is already a plan to roll out the smaller and the small category notes and coins by the CBI. They keep telling the people of all the corruption but it seems to make no difference. [post 1 of 2....stay tuned]
10-8-2019 Newshound Guru chattels Article: "Parliament officially votes to freeze the work of provincial councils" Quote: "...The House of Representatives officially voted to freeze the work of the provincial councils. It also voted on the recommendations of the parliamentary committee charged with considering the demands of the demonstrators" It appears that the Iraqi Parliament managed to obtain a quorum for today's business.
10-8-2019 Newshound Guru Kaperoni Any such idea to release a new currency or small denominations right now would be a disaster. Iraq is doing everything they can just to maintain stability. Criticle this month is the vote on Special Grades which includes the CBI governor (Allaq could be replaced), parliament voting on laws, and parliament getting the 2020 budget to begin review that includes a significant increase in spending for the private sector.
10-8-2019 Intel Guru MarkZ A military contact says this will be done/wrapped up between Nov. 4-15th. Everyone done, groups and exchanges completed and redemption centers closed down and everybody gone home...which means they got to start soon.
10-8-2019 Intel Guru Frank26 ...the CBI has told [guru] Walkingstick's firm 3 days ago...(they have 6 banks)...that on the 14th they are to have the acceptance of new currency...It isn't even my opinion because the CBI told my friend's firm therefore it's public knowledge. To be followed by fils...whoop there it is!...When we see the pictures of the new lower denoms we've got a good chance for this to unfold...Let's pray this protesting stops being so violent...our team members are alive and well...and pray that if it calms down the pictures of the lower denoms and the descriptions come out...
10-7-2019 Newshound Guru Kaperoni ...To much to do to build a market economy such as laws, getting investors, and stabilizing the country after these recent protests before we can see the dinar appreciate in value. Personally I have my doubts that the government of Iraq can accomplish these tasks before the end of the year. These events may delay progress 6 months.
10-7-2019 Intel Guru MarkZ The 7th of Oct...We should have been long done with this thing by now! Unrest in Iraq...it will stay this way until they get what they were promised over and over again…they are tired of waiting for the new rate... They are pushing us toward the RV not away from it... Lots of rumors that it is underway. [What is the street rate for IQD?] I’ve been told we can expect $3.91-$3.98 when the rate changes. ...There is an excellent chance I could be under an NDA today still. We are that close. I really do believe its “any day”. We just have to live through these “final moments” of this very long journey.
10-7-2019 Newshound Guru chattels Article quote: "On Monday, Abdul-Mahdi said he discussed the recent events and reform plans in a phone call with US Secretary of State Mike Pompeo, without providing further details. And Russian Foreign Minister Sergei Lavrov landed in Baghdad to meet top officials." Plans to reform and committees to study and prepare may not be enough this time. People need relief and that requires action. ...There are matters in Iraq unfolding before our very eyes, as the Gurus say, but it does not appear to be a substantial increase in the value of the dinar.
10-7-2019 Newshound/Intel Guru Jeff ...is the dinar still a good investment to be invested in with everything happening? The answer IMO...is yes. Here's why. What I've been trying to strongly show you is that since roughly August, if Iraq didn't start getting thing done they would be very limited and restricted on what they were actually able to do going forward without a rate change. They're strongly showing that proof to you based on their actions and what they were actually able to do for the citizens...they were very limited on what they could do...the rate change is now waiting on the 2020 budget because that's where all the money's gonna be allocated from...everything's coming together...the dinar in my opinion is still a very good investment...we are still in a very good position...this whole investment is a process...
10-7-2019 Intel Guru MarkZ The 7th of Oct...We should have been long done with this thing by now! Unrest in Iraq...it will stay this way until they get what they were promised over and over again…they are tired of waiting for the new rate... They are pushing us toward the RV not away from it... Lots of rumors that it is underway. [What is the street rate for IQD?] I’ve been told we can expect $3.91-$3.98 when the rate changes. ...There is an excellent chance I could be under an NDA today still. We are that close. I really do believe its “any day”. We just have to live through these “final moments” of this very long journey.
10-7-2019 Newshound Guru chattels Article quote: "On Monday, Abdul-Mahdi said he discussed the recent events and reform plans in a phone call with US Secretary of State Mike Pompeo, without providing further details. And Russian Foreign Minister Sergei Lavrov landed in Baghdad to meet top officials." Plans to reform and committees to study and prepare may not be enough this time. People need relief and that requires action. ...There are matters in Iraq unfolding before our very eyes, as the Gurus say, but it does not appear to be a substantial increase in the value of the dinar.
10-7-2019 Newshound/Intel Guru Jeff ...is the dinar still a good investment to be invested in with everything happening? The answer IMO...is yes. Here's why. What I've been trying to strongly show you is that since roughly August, if Iraq didn't start getting thing done they would be very limited and restricted on what they were actually able to do going forward without a rate change. They're strongly showing that proof to you based on their actions and what they were actually able to do for the citizens...they were very limited on what they could do...the rate change is now waiting on the 2020 budget because that's where all the money's gonna be allocated from...everything's coming together...the dinar in my opinion is still a very good investment...we are still in a very good position...this whole investment is a process...
10-6-2019 Newshound Guru MilitiaMan ...The so called brotherly neighbor has tentacles deep inside helping them selves to the cash cow called Currency Auctions. I don't disagree, there are things in the country that are and will be far from over. However, one hell of a good way to solve that is to stop the auctions, raise the value, which will provide jobs that will come from going international with a new internationally excepted currency. That will be the facilitator for global trade for the world which will in turn beget purchase power for the citizens, while they grow economically with the new jobs created from the positive effects of raising the value. imo.
10-6-2019 Newshound Guru Bloodloch There are somewhere between six and a dozen or more different factors that may influence exchange rates, depending upon who you are talking to. The money supply or currency issued is just one of them. Investor speculation, interest rate differentials, inflation rate differentials, gross domestic product, international investments, trade deals, and other factors all may come into play. At times it may seem like such determinations are more art than raw number-crunching science, or perhaps it's just whatever the central banks want it to be in order to achieve some global political agenda. Investopedia says, "... exchange rates are determined by numerous complex factors that often leave even the most experienced economists flummoxed... " I couldn't agree with them more.
10-6-2019 Newshound/Intel Guru David M. Witty In ministerial cabinet meeting, Iraqi PM Abdel-Mahdi makes promises to meet demands of protesters: corrupt officials to be held accountable, land & housing for those with low income, interest free loans, opening Army to volunteers.
10-6-2019 Newshound Guru Jeff They still have two major things to do before the rate can change. This is based on current facts. What I'm telling you can change through time but as where we're at right now with current facts - the two things remaining are they have to finish the formation of the government and approve the budget...then they can change the rate. That's exactly where we're at. The facts are unfolding right before your eyes...
10-6-2019 Newshound Guru Kaperoni They've been using wheelbarrows for years what's the difference if they have to use them a few more? They're either going to do one of two things they're either going to Lop first to get to 1 to $1 exchange rate reducing the money supply from trillions to billions. And then float the currency allowing it to rise. Or they're going to just float it from the beginning and allowed to gradually increase over time allowing them to reduce the money supply we don't know that answer yet but it's not going to RV
10-6-2019 Newshound Guru MilitiaMan Lets hope the fire the citizens brought out over the past 5 days has the affect we await and they need! I have a feeling that the support they are getting from around the world, is squarely on the politicians backs now. They've been AWOKE imo... timing now is crucial for them to complete the reforms and get the market economy underway and international, ASAP. As that will usher in the employment and put purchase power in their hands. ...lifting the value of the Sovereign Currency will actually fix things! imo...
10-6-2019 Newshound Guru Bloodloch There are somewhere between six and a dozen or more different factors that may influence exchange rates, depending upon who you are talking to. The money supply or currency issued is just one of them. Investor speculation, interest rate differentials, inflation rate differentials, gross domestic product, international investments, trade deals, and other factors all may come into play. At times it may seem like such determinations are more art than raw number-crunching science, or perhaps it's just whatever the central banks want it to be in order to achieve some global political agenda. Investopedia says, "... exchange rates are determined by numerous complex factors that often leave even the most experienced economists flummoxed... " I couldn't agree with them more.
10-6-2019 Newshound/Intel Guru David M. Witty In ministerial cabinet meeting, Iraqi PM Abdel-Mahdi makes promises to meet demands of protesters: corrupt officials to be held accountable, land & housing for those with low income, interest free loans, opening Army to volunteers.
10-6-2019 Newshound Guru Jeff They still have two major things to do before the rate can change. This is based on current facts. What I'm telling you can change through time but as where we're at right now with current facts - the two things remaining are they have to finish the formation of the government and approve the budget...then they can change the rate. That's exactly where we're at. The facts are unfolding right before your eyes...
10-6-2019 Newshound Guru Kaperoni They've been using wheelbarrows for years what's the difference if they have to use them a few more? They're either going to do one of two things they're either going to Lop first to get to 1 to $1 exchange rate reducing the money supply from trillions to billions. And then float the currency allowing it to rise. Or they're going to just float it from the beginning and allowed to gradually increase over time allowing them to reduce the money supply we don't know that answer yet but it's not going to RV
10-6-2019 Newshound Guru MilitiaMan Lets hope the fire the citizens brought out over the past 5 days has the affect we await and they need! I have a feeling that the support they are getting from around the world, is squarely on the politicians backs now. They've been AWOKE imo... timing now is crucial for them to complete the reforms and get the market economy underway and international, ASAP. As that will usher in the employment and put purchase power in their hands. ...lifting the value of the Sovereign Currency will actually fix things! imo...
10-5-2019 Intel/Newshound Guru Frank26 ...we're thinking the CBI is going to bring out the pictures of the lower denoms/smaller notes. What do you think will happen if they all of a sudden they saw this tomorrow or Monday or Tuesday? It would quell the anger. I would stop the protesting. It would stop the killing...why? Because the citizens would have their minds on something that belongs to them. Finally!
10-5-2019 Newshound Guru Jeff Sader is now backing down from removing the government. Because their hands are tied and boxed in a corner (waiting for the RI). They could only offer 3 items to the citizens: 1. Jobs. 2. Cheap Housing. 3. Money.
10-5-2019 Newshound Guru larrykn Articles: "Saleh, al-Halbousi call for maintaining community security of protestors"; "Arab League voices concern over unrest in Iraq"; "Baghdad`s protests death toll rises to 100 and injuries to 4000" I hope they can settle the people down soon , this can be either good or bad for the country, they will either get off the pot or stall. we shall see
10-5-2019 Newshound Guru Jeff ...they said on this Saturday the 5th they were going to vote on the Education Minister now they're not showing any intentions of doing that...ONE article says that tomorrow, Saturday, most of the political blocks will vote to dismiss the government. So be cautious with that. It may not happen. We'll have to wait and see...
10-5-2019 Newshound Guru Kaperoni These Iraqi protests have gone on now for several days. This is not what we as investors want to see happen. Delays in reform and investment will be the result. Not good...They need to get investment and companies to come in and put people to work, that is what will raise the value of the currency.
10-5-2019 Newshound Guru Jeff Sader is now backing down from removing the government. Because their hands are tied and boxed in a corner (waiting for the RI). They could only offer 3 items to the citizens: 1. Jobs. 2. Cheap Housing. 3. Money.
10-5-2019 Newshound Guru larrykn Articles: "Saleh, al-Halbousi call for maintaining community security of protestors"; "Arab League voices concern over unrest in Iraq"; "Baghdad`s protests death toll rises to 100 and injuries to 4000" I hope they can settle the people down soon , this can be either good or bad for the country, they will either get off the pot or stall. we shall see
10-5-2019 Newshound Guru Jeff ...they said on this Saturday the 5th they were going to vote on the Education Minister now they're not showing any intentions of doing that...ONE article says that tomorrow, Saturday, most of the political blocks will vote to dismiss the government. So be cautious with that. It may not happen. We'll have to wait and see...
10-5-2019 Newshound Guru Kaperoni These Iraqi protests have gone on now for several days. This is not what we as investors want to see happen. Delays in reform and investment will be the result. Not good...They need to get investment and companies to come in and put people to work, that is what will raise the value of the currency.
10-4-2019 Intel Guru MilitiaMan ...The CBI on the 10/01/2019 has since been in extensive research, preparation and coordination to go live globally! They have the ability of global distribution now from the looks of it...All is good for us and those looking for a bright future in Iraq...So let's see if the saturation and distribution gets out to the citizens this weekend or there real close. The 15th is not far off. Lots of things line up on that date.. As in the 2020 Budget, citizens demands, China Taxes and Tariffs with the USA, etc. ~ imo ~ MM
10-4-2019 Newshound/Intel Guru Mnt Goat [Guru] Frank26 says 12 large armored trucks traveling to banks seen...I want everyone to know these trucks are NOT filled with the smaller of the smaller category notes. They are the promised 250, 500 and 1000 dinar notes...the CBI needed to replace these notes. These are now the replacement notes. So this has NOTHING to do with the RV... [Reference Frank26 10-3-2019]
10-4-2019 Newshound Guru Bloodloch [reference sandyf post 10-3-2019] "The CBI has an IQD denominated liability in respect of the currency that has been issued. This liability is underpinned by assets but the bulk of the assets are foreign currency denominated. If the IQD were to rise in value the liability would increase but the asset value would remain the same. There is only about 8% equity in the CBI accounts so it would not take much of a rise in the value of the IQD for the CBI to be bankrupt." Companies, institutions, central banks, and everyone else on planet Earth use a single valuation unit to record and report their assets, liabilities, and equities, said unit usually being their respective national currency. In the case of the CBI financials, it is all valued in Iraqi Dinars, period. All the assets. All the liabilities. All the equities. All IQD.
10-4-2019 Newshound/Intel Guru Mnt Goat Article: "SAUDI ARABIA ALLOWS AND ENCOURAGES INVESTMENTS IN THE IRAQI STOCK EXCHANGE" ...we already heard that October was the timeframe to begin the Nasdaq indexes also. Now we are seeing the Saudis also coming online. This is all fantastic news. How can they go much longer without having a rate to trade on FOREX?...
10-4-2019 Newshound Guru Adam Montana Every ounce of effort put into this venture will one day (soon) return many times over.
10-4-2019 Intel Guru MarkZ [via PDK] We were hoping we wouldn’t see you today...and you were in NDA land. I am not under an NDA yet…Noone really knows what the rate is going to be...just plan for higher and lower rates... If anything big happens I will be sure to update you this weekend…
10-4-2019 Newshound Guru Jeff ...What is the rate change waiting on? What steps does the rate change need for the rate change to occur? ...(Things shared with you are not set in stone)...they still have to get the money ready to go and the money has to be allocated and be ready to be dispersed. Those steps have to come from a budget...the 2020 budget is linked to the rate change big time. It's got a lot of financial allocations and monies...items that pertain strongly to the rate change. So they have to complete the budget before the rate can change. It's that simple...that's the reason I've been telling you that the rate cannot change this year. It's because they have to finish and approve and complete the 2020 budget which will roll into next year.
10-4-2019 Newshound/Intel Guru Mnt Goat "IRAQ: DEMONSTRATIONS OVER UNEMPLOYMENT, CORRUPTION AND POOR PUBLIC SERVICES." ...they were demanding currency reform. ...The protestors actually do have this on their list of demands. This is all VERY good for us and our investment. A government like the GOI can’t keep making these promises to the people and then do nothing. Eventually the people will rise up and do something to get what was promised...is the GOI going to meet the demands? We know one of them is the currency reform. The demonstrators gave them 15 days to meet the demands.
10-4-2019 Newshound/Intel Guru Mnt Goat [Guru] Frank26 says 12 large armored trucks traveling to banks seen...I want everyone to know these trucks are NOT filled with the smaller of the smaller category notes. They are the promised 250, 500 and 1000 dinar notes...the CBI needed to replace these notes. These are now the replacement notes. So this has NOTHING to do with the RV... [Reference Frank26 10-3-2019]
10-4-2019 Newshound Guru Bloodloch [reference sandyf post 10-3-2019] "The CBI has an IQD denominated liability in respect of the currency that has been issued. This liability is underpinned by assets but the bulk of the assets are foreign currency denominated. If the IQD were to rise in value the liability would increase but the asset value would remain the same. There is only about 8% equity in the CBI accounts so it would not take much of a rise in the value of the IQD for the CBI to be bankrupt." Companies, institutions, central banks, and everyone else on planet Earth use a single valuation unit to record and report their assets, liabilities, and equities, said unit usually being their respective national currency. In the case of the CBI financials, it is all valued in Iraqi Dinars, period. All the assets. All the liabilities. All the equities. All IQD.
10-4-2019 Newshound/Intel Guru Mnt Goat Article: "SAUDI ARABIA ALLOWS AND ENCOURAGES INVESTMENTS IN THE IRAQI STOCK EXCHANGE" ...we already heard that October was the timeframe to begin the Nasdaq indexes also. Now we are seeing the Saudis also coming online. This is all fantastic news. How can they go much longer without having a rate to trade on FOREX?...
10-4-2019 Newshound Guru Adam Montana Every ounce of effort put into this venture will one day (soon) return many times over.
10-4-2019 Intel Guru MarkZ [via PDK] We were hoping we wouldn’t see you today...and you were in NDA land. I am not under an NDA yet…Noone really knows what the rate is going to be...just plan for higher and lower rates... If anything big happens I will be sure to update you this weekend…
10-4-2019 Newshound Guru Jeff ...What is the rate change waiting on? What steps does the rate change need for the rate change to occur? ...(Things shared with you are not set in stone)...they still have to get the money ready to go and the money has to be allocated and be ready to be dispersed. Those steps have to come from a budget...the 2020 budget is linked to the rate change big time. It's got a lot of financial allocations and monies...items that pertain strongly to the rate change. So they have to complete the budget before the rate can change. It's that simple...that's the reason I've been telling you that the rate cannot change this year. It's because they have to finish and approve and complete the 2020 budget which will roll into next year.
10-4-2019 Newshound/Intel Guru Mnt Goat "IRAQ: DEMONSTRATIONS OVER UNEMPLOYMENT, CORRUPTION AND POOR PUBLIC SERVICES." ...they were demanding currency reform. ...The protestors actually do have this on their list of demands. This is all VERY good for us and our investment. A government like the GOI can’t keep making these promises to the people and then do nothing. Eventually the people will rise up and do something to get what was promised...is the GOI going to meet the demands? We know one of them is the currency reform. The demonstrators gave them 15 days to meet the demands.
10-3-2019 Newshound Guru Kaperoni I am very confident with all of the economic activities going on in Iraq that they certainly will launch a market economy and receive private investment to rebuild the infrastructure next year. They must open the banking system for that to succeed and float the currency.
10-3-2019 Intel/Newshound Guru sandyf ...The CBI has an IQD denominated liability in respect of the currency that has been issued. This liability is underpinned by assets but the bulk of the assets are foreign currency denominated. If the IQD were to rise in value the liability would increase but the asset value would remain the same. There is only about 8% equity in the CBI accounts so it would not take much of a rise in the value of the IQD for the CBI to be bankrupt.
10-3-2019 Intel Guru Frank26 I think Alaq is going to say a lot tomorrow...They moved 12 trucks, gigantic armored trucks out of the green zone. They were escorted by Blackwater and whoever else...they escorted these 12 armored trucks and Alaq went on television and he told the citizens, 'we are moving these 12 armored vehicles to undisclosed destination.' He told the people the trucks were loaded with funds. There's no doubt these are the lower denoms because the day before he told them, 'I'm going to give you the lower denoms.' And now he's telling them, 'look I'm moving them.' But he's not telling them what funds they are...it's possible they are either going to show them tomorrow the pictures of the lower denoms or Saturday...I really think this week they are going to show it to them...
10-3-2019 Newshound/Intel Guru Mnt Goat Article: "THE NEW SESSION OF THE BAGHDAD INTERNATIONAL FAIR WILL WITNESS A MAJOR BREAKTHROUGH FOR THE CONTRIBUTION OF THE PRIVATE SECTOR" ...the more the private sector is engaged in Iraq the more likelihood they will have to change over from the currency auctions and go to a free market economy, thus get the currency on FOREX.
10-3-2019 Intel Guru FRANK26 IF YOU THINK THINGS ARE NOT LOOKING GOOD DUE TO THE DEMONSTRATIONS, DON'T... I AM VERY EXCITED BECAUSE OF WHAT TEAMS ARE TELLING ME!!!
10-3-2019 Newshound Guru larrykn Articles: "Iraqi protests turn deadly as security forces open fire on demonstrators"; "UN expresses concern over violence in Iraq protests" this should get the attention on the government. they better get going or the whole government will collapse. This might be the turning point for Iraq.
10-3-2019 Intel Guru MarkZ [via PDK] Still hearing the possibility of my being under an NDA today...If I am under an NDA that means I have received some funds...More people that I know have signed NDA's... This means money must be moving somewhere...just cannot find out where. I am upbeat...I think its because I know who is now under NDAs...and that is exciting even though I cannot share that. i understand that I still will be able to release 800 numbers if I receive them. No word from my Iraqi contact since Saturday…I have been trying to reach them constantly. I feel this is the quiet before the storm...it’s so close we can taste it.
10-3-2019 Newshound Guru Jeff ...Historically they [Iraq] had a 3+ value...notice how they keep telling you they're trying to come out with lower denoms and then back in August and September they put out all those articles telling you coins...so yes they will be coming out with coins and lower denoms at an increased rate...clear back into the early 1970's they had a 3+ value...the article from yesterday said $3.37 as of 1973. That's before I was even born. I was born in '75. That tells me Iraq is the wealthiest country in the world. So when you come out and tell me, 'Oh yeah we think the rates gonna go to 1+', I laugh in your face because Iraq is the wealthiest country in the world and back in '73 they were holding a rate of $3.37. That's huge...
10-3-2019 Intel Guru Frank26 I owe you an apology...there was a misunderstanding between me and bluestar...he must have told me 'Frank you need to verify this'...I missed it. My rush and excitement to share with you what I thought was proper was not..."the dinar was live on Nasdaq." That was a mistake. That is now null and void...my humblest apologies...to say the dinar was trading live insinuates a lot of other things that were not true. I'm really really sorry.
10-3-2019 Intel/Newshound Guru sandyf ...The CBI has an IQD denominated liability in respect of the currency that has been issued. This liability is underpinned by assets but the bulk of the assets are foreign currency denominated. If the IQD were to rise in value the liability would increase but the asset value would remain the same. There is only about 8% equity in the CBI accounts so it would not take much of a rise in the value of the IQD for the CBI to be bankrupt.
10-3-2019 Intel Guru Frank26 I think Alaq is going to say a lot tomorrow...They moved 12 trucks, gigantic armored trucks out of the green zone. They were escorted by Blackwater and whoever else...they escorted these 12 armored trucks and Alaq went on television and he told the citizens, 'we are moving these 12 armored vehicles to undisclosed destination.' He told the people the trucks were loaded with funds. There's no doubt these are the lower denoms because the day before he told them, 'I'm going to give you the lower denoms.' And now he's telling them, 'look I'm moving them.' But he's not telling them what funds they are...it's possible they are either going to show them tomorrow the pictures of the lower denoms or Saturday...I really think this week they are going to show it to them...
10-3-2019 Newshound/Intel Guru Mnt Goat Article: "THE NEW SESSION OF THE BAGHDAD INTERNATIONAL FAIR WILL WITNESS A MAJOR BREAKTHROUGH FOR THE CONTRIBUTION OF THE PRIVATE SECTOR" ...the more the private sector is engaged in Iraq the more likelihood they will have to change over from the currency auctions and go to a free market economy, thus get the currency on FOREX.
10-3-2019 Intel Guru FRANK26 IF YOU THINK THINGS ARE NOT LOOKING GOOD DUE TO THE DEMONSTRATIONS, DON'T... I AM VERY EXCITED BECAUSE OF WHAT TEAMS ARE TELLING ME!!!
10-3-2019 Newshound Guru larrykn Articles: "Iraqi protests turn deadly as security forces open fire on demonstrators"; "UN expresses concern over violence in Iraq protests" this should get the attention on the government. they better get going or the whole government will collapse. This might be the turning point for Iraq.
10-3-2019 Intel Guru MarkZ [via PDK] Still hearing the possibility of my being under an NDA today...If I am under an NDA that means I have received some funds...More people that I know have signed NDA's... This means money must be moving somewhere...just cannot find out where. I am upbeat...I think its because I know who is now under NDAs...and that is exciting even though I cannot share that. i understand that I still will be able to release 800 numbers if I receive them. No word from my Iraqi contact since Saturday…I have been trying to reach them constantly. I feel this is the quiet before the storm...it’s so close we can taste it.
10-3-2019 Newshound Guru Jeff ...Historically they [Iraq] had a 3+ value...notice how they keep telling you they're trying to come out with lower denoms and then back in August and September they put out all those articles telling you coins...so yes they will be coming out with coins and lower denoms at an increased rate...clear back into the early 1970's they had a 3+ value...the article from yesterday said $3.37 as of 1973. That's before I was even born. I was born in '75. That tells me Iraq is the wealthiest country in the world. So when you come out and tell me, 'Oh yeah we think the rates gonna go to 1+', I laugh in your face because Iraq is the wealthiest country in the world and back in '73 they were holding a rate of $3.37. That's huge...
10-3-2019 Intel Guru Frank26 I owe you an apology...there was a misunderstanding between me and bluestar...he must have told me 'Frank you need to verify this'...I missed it. My rush and excitement to share with you what I thought was proper was not..."the dinar was live on Nasdaq." That was a mistake. That is now null and void...my humblest apologies...to say the dinar was trading live insinuates a lot of other things that were not true. I'm really really sorry.
10-2-2019 Newshound Guru Adam Montana Whether they barter directly for oil or not is kind of irrelevant. China probably doesn't give a hoot either way, because they know exactly what we know - Iraq is rich with oil, Iraq will not be an impoverished land with no way to pay their debts, and Iraq has every ability to pay their debts... because of oil. I wish I had a date to put out here, but you all know by now I won't do that. It sure does look promising, though! Iraq has an RV button to push... [post 2 of 2]
10-2-2019 Newshound Guru Adam Montana ...OIL - currently WTI at $52. Stable enough, no worries there. Iraq and China was a big story last week, and it still is...There was some discussion on the topic of how Iraq will pay China. Some of the articles suggest Iraq will pay with oil, while others state it will be financed by oil...the exact method doesn't matter. What is important to understand is that Iraq has oil. That's it. [post 1 of 2....stay tuned]
10-2-2019 Intel Guru Frank26 ...It's either this week or next week where they are actually going to come out with [Lower Denom] pictures IMO...It will be Alaq...to come out and say we're ready to distribute the lower denoms...But before that, pictures and explanation of these lower denoms...
10-2-2019 Intel Guru MarkZ I feel we are so close and the waiting in these last days is very hard. We are told I may be under a NDA by midday tomorrow. I was told the NDA for people who are in the public like myself, Frank ect…may be stronger than the normal people’s NDA. So If I have to shut up...that is why. They may force me to be 100% quiet. I was told I probably will be able to post that Screen with the nest and the cash and golden egg in it with the 800 numbers...but won’t know for sure until I read the NDA...we hear anytime from now until Thursday for 800 numbers...but manage your expectations…
10-2-2019 Newshound/Intel Guru Mnt Goat Right now the rate is still being suppressed at the program rate. The program rate was supposed to be a temporary de-facto peg to the US dollar to help they through a time of high inflation and prevent hyper-inflation. The CBI has told us there is a process to getting the dinar “reinstated” and in use as an international currency once again. It is not as simple as just pulling a trigger and wamoo, the new rate appears on FOREX. [post 2 of 2]
10-2-2019 Newshound/Intel Guru Mnt Goat Just remember the banks do not make the decision for anything. They simple want the new rate to show up on FOREX and when it does they can use it “legally” to exchange customers who to come in with their currency. ...When the IQD does come back on FOREX and the other global currency exchanges it is called a “reinstatement”. The rate given hopefully will reflect the true and accurate value of the dinar. [post 1 of 2....stay tuned]
10-2-2019 Intel Guru Frank26 ...they've come to the realization that a dinar is a dinar in the country no matter what. 1 to 1 to the American Dollar. They're not going to go any higher than that...once they lift the value they will bring in the three zeros with no problem...it will take years to bring in the 3 zero notes.
10-2-2019 Newshound Guru Kaperoni Iraq's Parliament announced today the 2020 budget will be submitted around middle of October for review/voting. So we'll get a good indication what they finally concluded the deficit will be. Expectations are as high as $70 billion as they attempt to launch a private sector.
10-2-2019 Newshound Guru Adam Montana ...OIL - currently WTI at $52. Stable enough, no worries there. Iraq and China was a big story last week, and it still is...There was some discussion on the topic of how Iraq will pay China. Some of the articles suggest Iraq will pay with oil, while others state it will be financed by oil...the exact method doesn't matter. What is important to understand is that Iraq has oil. That's it. [post 1 of 2....stay tuned]
10-2-2019 Intel Guru Frank26 ...It's either this week or next week where they are actually going to come out with [Lower Denom] pictures IMO...It will be Alaq...to come out and say we're ready to distribute the lower denoms...But before that, pictures and explanation of these lower denoms...
10-2-2019 Intel Guru MarkZ I feel we are so close and the waiting in these last days is very hard. We are told I may be under a NDA by midday tomorrow. I was told the NDA for people who are in the public like myself, Frank ect…may be stronger than the normal people’s NDA. So If I have to shut up...that is why. They may force me to be 100% quiet. I was told I probably will be able to post that Screen with the nest and the cash and golden egg in it with the 800 numbers...but won’t know for sure until I read the NDA...we hear anytime from now until Thursday for 800 numbers...but manage your expectations…
10-2-2019 Newshound/Intel Guru Mnt Goat Right now the rate is still being suppressed at the program rate. The program rate was supposed to be a temporary de-facto peg to the US dollar to help they through a time of high inflation and prevent hyper-inflation. The CBI has told us there is a process to getting the dinar “reinstated” and in use as an international currency once again. It is not as simple as just pulling a trigger and wamoo, the new rate appears on FOREX. [post 2 of 2]
10-2-2019 Newshound/Intel Guru Mnt Goat Just remember the banks do not make the decision for anything. They simple want the new rate to show up on FOREX and when it does they can use it “legally” to exchange customers who to come in with their currency. ...When the IQD does come back on FOREX and the other global currency exchanges it is called a “reinstatement”. The rate given hopefully will reflect the true and accurate value of the dinar. [post 1 of 2....stay tuned]
10-2-2019 Intel Guru Frank26 ...they've come to the realization that a dinar is a dinar in the country no matter what. 1 to 1 to the American Dollar. They're not going to go any higher than that...once they lift the value they will bring in the three zeros with no problem...it will take years to bring in the 3 zero notes.
10-2-2019 Newshound Guru Kaperoni Iraq's Parliament announced today the 2020 budget will be submitted around middle of October for review/voting. So we'll get a good indication what they finally concluded the deficit will be. Expectations are as high as $70 billion as they attempt to launch a private sector.
10-1-2019 Intel Guru Frank26 ...the Iraqi dinar is live on NASDAQ and Forex and a lot of currency counters...If it's on NASDAQ does it have a different rate to it? No. I told you yesterday they can come to NASDAQ with a program rate...it is now going to be on the international boards trading...the dinar is now playing with the big boys and big boys don't play with program rates...
10-1-2019 Intel/Newshound Guru sandyf It is totally irrelevant how much currency is held where, the only significant figure is the liability on the CBI that appears in their accounts. At the end of August that figure stood at over 48 trillion dinar and the IMF projection takes that figure to nearly 60 trillion over the next 5 years...
10-1-2019 Newshound Guru Kaperoni I want to point out to critical events between now and the end of the year. One is the vote through Parliament on Special Grades, the other being the 2020 budget which the supposed to include the launching of the market economy. Iraq is at a critical stage right now not only with an abundance of laws that still need to be passed, but they are in dire need to lure private investors in to rebuild. [post 2 of 2]
10-1-2019 Newshound Guru Kaperoni The Iraq government is striving to create a market economy with private investment. Doing so would bring substantial money into the country. This would create inflationary pressure on the financial system, the solution is to float the currency to relieve that pressure. It also would allow the CBI to profit by controlling the currency, buying and selling making commissions. Any kind of RV would circumvent those tools. [post 1 of 2....stay tuned]
10-1-2019 Newshound Guru Jeff [Article: A surprising new forecast for the 2020 budget deficit] ...goes into detail about the 2020 budget...I'm done looking at the year of 19 and I've already advanced into the year of 2020...they're telling you that the 2020 budget should create the conditions to support economic reform, reconstruction activities focused on immediate reforms and implementation of the government program...the government program is...all the government services after the rate change that are gonna be offered to the citizens post rate change to give them a better life...look at what they've linked to the 2020 budget...
10-1-2019 Intel Guru Frank26 ...the 3rd phase has ended pretty much as of today. These are steps that have to be done. I call them phases but the CBI is calling them blocks...I told you there were four phases. I believe we are about to start the 4th phase...the momentum of the monetary reform, it is picking up...IMO these samples/specimens that were given to the bank by the CBI...or lower denoms these are next to be seen by the citizens as part of their education. Then the real small category notes/lower denoms will be put in their hands with a change in the rate...the only step important now is for the citizens...
10-1-2019 Intel Guru MarkZ I am looking for a fantastic day…If news is as good as I expect…..you will be hearing from me again today...Today is the first…..we are waiting to find out exactly what they did get done...lots of encouraging news from Zurich…they are still expecting liquidity today...Lots of chatter that Reno was going to go... [Is this ever going to happen?] It’s always been a when…not an if...the when is really hard to wait for though... I think this is a very hopeful week for us as everything plays out.
10-1-2019 Newshound/Intel Guru Mnt Goat ...I have stated in the past that maybe in September the CBI might issue the new smaller categories if they were to follow the 2012 planned schedule. So it appears to us now they are not strictly following this plan. ...I am beginning to see that they are still moving towards an early Jan 2020 move since their accounting year begins on Jan 1st. We know they have told us through their past attempts to reinstate the dinar that this is the BEST and MOST CONVENIENT time to do so. [post 2 of 2]
10-1-2019 Newshound/Intel Guru Mnt Goat ...Well, well here we are done with September and it’s October already...Yes, the weeks and months are clicking away... They...bash me for justifying this might just go all the way until early January 2020. ...SO, WHERE DO WE SIT RIGHT NOW WITH THE RV? ...We are just waiting on the CBI to launch the smaller of the small category notes. Remember they already launched the 250, 500 and 1000 notes way back in 2003 and in 2011 they told us these notes will REMAIN in circulation as part of the smaller category notes... We are waiting for notes yet even of smaller denominations. [post 1 of 2....stay tuned]
10-1-2019 Newshound Guru Jeff ...looks like the Nasdaq/ISX news was nothing more than a software upgrade...I strongly put an emphasis for you over the weekend that the whole software thing between NASDAQ and ISX was nothing more than a software upgrade and the second item I brought to you was I told you that all the marching and protesting would amount to nothing...so far you guys are seeing that...
10-1-2019 Intel Guru Frank26 ...we're putting everyone on red alert...the lower denoms have been given the approval to be distributed among all the Iraq banks - to the citizens once the rate changes...
10-1-2019 Intel/Newshound Guru sandyf It is totally irrelevant how much currency is held where, the only significant figure is the liability on the CBI that appears in their accounts. At the end of August that figure stood at over 48 trillion dinar and the IMF projection takes that figure to nearly 60 trillion over the next 5 years...
10-1-2019 Newshound Guru Kaperoni I want to point out to critical events between now and the end of the year. One is the vote through Parliament on Special Grades, the other being the 2020 budget which the supposed to include the launching of the market economy. Iraq is at a critical stage right now not only with an abundance of laws that still need to be passed, but they are in dire need to lure private investors in to rebuild. [post 2 of 2]
10-1-2019 Newshound Guru Kaperoni The Iraq government is striving to create a market economy with private investment. Doing so would bring substantial money into the country. This would create inflationary pressure on the financial system, the solution is to float the currency to relieve that pressure. It also would allow the CBI to profit by controlling the currency, buying and selling making commissions. Any kind of RV would circumvent those tools. [post 1 of 2....stay tuned]
10-1-2019 Newshound Guru Jeff [Article: A surprising new forecast for the 2020 budget deficit] ...goes into detail about the 2020 budget...I'm done looking at the year of 19 and I've already advanced into the year of 2020...they're telling you that the 2020 budget should create the conditions to support economic reform, reconstruction activities focused on immediate reforms and implementation of the government program...the government program is...all the government services after the rate change that are gonna be offered to the citizens post rate change to give them a better life...look at what they've linked to the 2020 budget...
10-1-2019 Intel Guru Frank26 ...the 3rd phase has ended pretty much as of today. These are steps that have to be done. I call them phases but the CBI is calling them blocks...I told you there were four phases. I believe we are about to start the 4th phase...the momentum of the monetary reform, it is picking up...IMO these samples/specimens that were given to the bank by the CBI...or lower denoms these are next to be seen by the citizens as part of their education. Then the real small category notes/lower denoms will be put in their hands with a change in the rate...the only step important now is for the citizens...
10-1-2019 Intel Guru MarkZ I am looking for a fantastic day…If news is as good as I expect…..you will be hearing from me again today...Today is the first…..we are waiting to find out exactly what they did get done...lots of encouraging news from Zurich…they are still expecting liquidity today...Lots of chatter that Reno was going to go... [Is this ever going to happen?] It’s always been a when…not an if...the when is really hard to wait for though... I think this is a very hopeful week for us as everything plays out.
10-1-2019 Newshound/Intel Guru Mnt Goat ...I have stated in the past that maybe in September the CBI might issue the new smaller categories if they were to follow the 2012 planned schedule. So it appears to us now they are not strictly following this plan. ...I am beginning to see that they are still moving towards an early Jan 2020 move since their accounting year begins on Jan 1st. We know they have told us through their past attempts to reinstate the dinar that this is the BEST and MOST CONVENIENT time to do so. [post 2 of 2]
10-1-2019 Newshound/Intel Guru Mnt Goat ...Well, well here we are done with September and it’s October already...Yes, the weeks and months are clicking away... They...bash me for justifying this might just go all the way until early January 2020. ...SO, WHERE DO WE SIT RIGHT NOW WITH THE RV? ...We are just waiting on the CBI to launch the smaller of the small category notes. Remember they already launched the 250, 500 and 1000 notes way back in 2003 and in 2011 they told us these notes will REMAIN in circulation as part of the smaller category notes... We are waiting for notes yet even of smaller denominations. [post 1 of 2....stay tuned]
10-1-2019 Newshound Guru Jeff ...looks like the Nasdaq/ISX news was nothing more than a software upgrade...I strongly put an emphasis for you over the weekend that the whole software thing between NASDAQ and ISX was nothing more than a software upgrade and the second item I brought to you was I told you that all the marching and protesting would amount to nothing...so far you guys are seeing that...
10-1-2019 Intel Guru Frank26 ...we're putting everyone on red alert...the lower denoms have been given the approval to be distributed among all the Iraq banks - to the citizens once the rate changes...
9-30-2019 Newshound Guru Kaperoni ...guru Frank26 thinks something has to happen by tomorrow Oct 1st because the new FOREX/ISX agreement goes into effect. Wrong! ...It's a renewal and software agreement. Nothing more.
9-30-2019 Newshound Guru Breitling [Question: I got another email from [broker name redacted] they're currency buy back policy best rate in town ...Do you think this is a good sign for us?] Absolutely. Why would [Broker Name] send out emails trying to buy back your currency at a higher value if the market didn't demand for it? It's just a market demand. So that makes sense right? I'm telling you, people that I talk to that got into the ISX when I first got into investing in the Middle East - They wouldn't touch the dinar. Now they're all trying to get it. They can't buy it at Chase Bank like I did. So they're going out and buying it and making sure that it's all legit. That's where the demand is coming from...I'm very excited and you should be too...
9-30-2019 Intel Guru MarkZ [via PDK] Spoke to a number of Zurich contacts who expect liquidity first thing in the morning…they are convinced this is it...they hear funds are waiting for midnight and the new fiscal year to start…They feel Oct 1st was always the plan...other dates were given to keep everyone guessing… So it does look like a shotgun start. Imo. [Will you come on and tell us if everything starts at midnight.] I absolutely will...as fast as I can. People in Iraq are sick of waiting...they still believe we can go at anytime... we hear they just may try to force it this weekend...
9-30-2019 Intel Guru Frank26 So this huge demonstration starts in Al Sadar city...if they don’t get this done by Oct 1st...IMO they are really going to hear from the citizens. IMO the CBI and the GOI are in cahoots for the introduction of their monetary reform. On Oct. 1st the Nasdaq is waiting for the Iraqi dinar to show up...so they had better be there.
9-30-2019 Newshound Guru Jeff ...what the gurus do...they're sharing their opinion with you based on all the current data that has come from Iraq. But if that data changes I personally will change my mind fast and rapidly. My mind is so tuned in on what they do that I can change my mind at the blink of an eye...that's what you saw me do about a week ago. My mind changed so fast because the factual data changed fast. What that simply means is that the old information that we were studying and looking at is kind of put on the back burner...me personally I'm not focusing on that anymore. I'm looking more at the new stuff because we have a brand new set of facts and data now going forward...
9-30-2019 Newshound Guru Kaperoni The Arab Monetaty Fund is now including Iraq's stock exchange among the 17 financial markets registered within the AMF. Good news and a clear step in the right direction.
9-30-2019 Intel Guru BobTheTaxMan ...we know the CBI has set it up so they are not selling dinar outside the country at this point and time. All of these dealers...are buying dinar internally inside the United States and then reselling it. That's all they have. That's the market. They are limited now. They can't get it anymore. We also know the note count is being reduced. The accessibility to it is just not there. I realize we have not had a physical change in the value...but just take a look at the fact that the accessibility to it has become very limited. Very limited. That means somewhere down the line this thing is going to have value...
9-30-2019 Newshound Guru Breitling [Question: I got another email from [broker name redacted] they're currency buy back policy best rate in town ...Do you think this is a good sign for us?] Absolutely. Why would [Broker Name] send out emails trying to buy back your currency at a higher value if the market didn't demand for it? It's just a market demand. So that makes sense right? I'm telling you, people that I talk to that got into the ISX when I first got into investing in the Middle East - They wouldn't touch the dinar. Now they're all trying to get it. They can't buy it at Chase Bank like I did. So they're going out and buying it and making sure that it's all legit. That's where the demand is coming from...I'm very excited and you should be too...
9-30-2019 Intel Guru MarkZ [via PDK] Spoke to a number of Zurich contacts who expect liquidity first thing in the morning…they are convinced this is it...they hear funds are waiting for midnight and the new fiscal year to start…They feel Oct 1st was always the plan...other dates were given to keep everyone guessing… So it does look like a shotgun start. Imo. [Will you come on and tell us if everything starts at midnight.] I absolutely will...as fast as I can. People in Iraq are sick of waiting...they still believe we can go at anytime... we hear they just may try to force it this weekend...
9-30-2019 Intel Guru Frank26 So this huge demonstration starts in Al Sadar city...if they don’t get this done by Oct 1st...IMO they are really going to hear from the citizens. IMO the CBI and the GOI are in cahoots for the introduction of their monetary reform. On Oct. 1st the Nasdaq is waiting for the Iraqi dinar to show up...so they had better be there.
9-30-2019 Newshound Guru Jeff ...what the gurus do...they're sharing their opinion with you based on all the current data that has come from Iraq. But if that data changes I personally will change my mind fast and rapidly. My mind is so tuned in on what they do that I can change my mind at the blink of an eye...that's what you saw me do about a week ago. My mind changed so fast because the factual data changed fast. What that simply means is that the old information that we were studying and looking at is kind of put on the back burner...me personally I'm not focusing on that anymore. I'm looking more at the new stuff because we have a brand new set of facts and data now going forward...
9-30-2019 Newshound Guru Kaperoni The Arab Monetaty Fund is now including Iraq's stock exchange among the 17 financial markets registered within the AMF. Good news and a clear step in the right direction.
9-30-2019 Intel Guru BobTheTaxMan ...we know the CBI has set it up so they are not selling dinar outside the country at this point and time. All of these dealers...are buying dinar internally inside the United States and then reselling it. That's all they have. That's the market. They are limited now. They can't get it anymore. We also know the note count is being reduced. The accessibility to it is just not there. I realize we have not had a physical change in the value...but just take a look at the fact that the accessibility to it has become very limited. Very limited. That means somewhere down the line this thing is going to have value...
9-29-2019 Newshound Guru Jeff ...Iraq itself is not in charge of the timing of the rate change. External powers are...this is not the first time that they've marched and protested from being unhappy because the government is not fulfilling their promise and obligations to the citizens...over the next few weeks you're gonna see that all this marching and protesting is going to amount to nothing...
9-29-2019 Newshound Guru larrykn I was just reading the imf article iv. that kaps [Guru Kaperoni] is always talking about, I see a lot of things in there that need to get done and what they want to do...one is they want to reduce to zero the money owed to the IOC's (international oil companies) they also want to get rid of the MCP, So here is my ?. If they get rid of the MCP how can they maintain the buying and selling rates when its at 1160...they do the auctions now, using the USD, when that goes away, then what?. also the big issue I see them having was Isis. That seemed to have put a big wrench into the economy. Seems they are working on that now...but so far I have not seen where they are talking about floating a currency gradually. I see them doing other things gradually but so far and I'm still reading I don't see that about currency.
9-29-2019 BobTheTaxMan [Question: Do you think we will need receipts to claim what we have to cash in?] Absolutely not...now, if you were playing the capital gains game, yeah that would matter. But it's not. But we know and I've said it over and over, this is going to be treated as ordinary income... [NOTE: Speak with your tax professional at the appropriate time]
9-29-2019 Newshound Guru Kaperoni There's only two options on the table. Parliament has talked about doing a LOP which is a neutral event and you make no money. But if it goes up after the lop you might double your investment. Or the CBI could follow the directive from the IMF, and Float the currency. Which would allow for a gradual appreciation over several months or even years. In doing so allowing them to reduce the currency in circulation at the same time. But I assure you they'll never be a significant RV. It's just not possible. If you're serious about learning about your investment I would start with reading the IMF Article IV Consultations...
9-29-2019 Newshound/Intel Guru RVAlready ...I expect the protest will come, and Allaq will announce the RV, and everyone will celebrate.
9-29-2019 Intel Guru Frank26 All the articles you are reading today look good…but it’s OLD NEWS...it’s been done , overdone, it’s done. All I am waiting for is for them to announce the lifting of the value of their currency. Whether they announce it or whether they just do it automatically on the CBI website…That’s all I am waiting for, and that’s all my teams are waiting for…nothing else. The evidence out there is too strong to ignore.
9-29-2019 Newshound Guru Breitling ...the best numbers I can come up with and I've said this before, you're talking .51, .52, .53 cents. That makes sense because when you look at the gas [oil?] prices and you look at their budget that they have to maintain and then you look at what markets that they're in to cover all that you need at least .52, .53 cents. Think of it as almost as the same budget as Brazil. Because Brazil's currency is about 1/2 of the United States. I don't know what it is right now but it used to be back in the day [1 Brazilian Real = .24 USD] You can compare the budgets and see what they're doing...
9-29-2019 Newshound Guru larrykn I was just reading the imf article iv. that kaps [Guru Kaperoni] is always talking about, I see a lot of things in there that need to get done and what they want to do...one is they want to reduce to zero the money owed to the IOC's (international oil companies) they also want to get rid of the MCP, So here is my ?. If they get rid of the MCP how can they maintain the buying and selling rates when its at 1160...they do the auctions now, using the USD, when that goes away, then what?. also the big issue I see them having was Isis. That seemed to have put a big wrench into the economy. Seems they are working on that now...but so far I have not seen where they are talking about floating a currency gradually. I see them doing other things gradually but so far and I'm still reading I don't see that about currency.
9-29-2019 BobTheTaxMan [Question: Do you think we will need receipts to claim what we have to cash in?] Absolutely not...now, if you were playing the capital gains game, yeah that would matter. But it's not. But we know and I've said it over and over, this is going to be treated as ordinary income... [NOTE: Speak with your tax professional at the appropriate time]
9-29-2019 Newshound Guru Kaperoni There's only two options on the table. Parliament has talked about doing a LOP which is a neutral event and you make no money. But if it goes up after the lop you might double your investment. Or the CBI could follow the directive from the IMF, and Float the currency. Which would allow for a gradual appreciation over several months or even years. In doing so allowing them to reduce the currency in circulation at the same time. But I assure you they'll never be a significant RV. It's just not possible. If you're serious about learning about your investment I would start with reading the IMF Article IV Consultations...
9-29-2019 Newshound/Intel Guru RVAlready ...I expect the protest will come, and Allaq will announce the RV, and everyone will celebrate.
9-29-2019 Intel Guru Frank26 All the articles you are reading today look good…but it’s OLD NEWS...it’s been done , overdone, it’s done. All I am waiting for is for them to announce the lifting of the value of their currency. Whether they announce it or whether they just do it automatically on the CBI website…That’s all I am waiting for, and that’s all my teams are waiting for…nothing else. The evidence out there is too strong to ignore.
9-29-2019 Newshound Guru Breitling ...the best numbers I can come up with and I've said this before, you're talking .51, .52, .53 cents. That makes sense because when you look at the gas [oil?] prices and you look at their budget that they have to maintain and then you look at what markets that they're in to cover all that you need at least .52, .53 cents. Think of it as almost as the same budget as Brazil. Because Brazil's currency is about 1/2 of the United States. I don't know what it is right now but it used to be back in the day [1 Brazilian Real = .24 USD] You can compare the budgets and see what they're doing...
9-28-2019 Intel Guru Delta ...looks like the demonstration [Scheduled for Tuesday October 1st] is going to be the hugest one ever in Iraq. It's all over social media...they are talking about it like a revolutionary one...you remember what happened with Egypt...revolution. This one might be the same thing...this is very very big. This is no joke around it. They have to do something for those citizens...there might be more than 5, 6 maybe 10 million people all over. Every city every province...this is definitely good for us. Hopefully this will make the government and the Central Bank do something to move forward so the citizens can do something...everything is very sensitive for the government. We know the CBI is ready...they have to move forward before it's too late...
9-28-2019 Newshound Guru Jeff ...Our current status right now...don't forget the numbers that they're discussing for the 2020 budget include monies for Articles 140 and the HCL. This 2020 budget has post rate change monies in it...we're looking good. They're moving forward at the same pace they have throughout this entire year. Continuing to reach agreement. Continue to set the stage. Reaching stability and everything that the CBI is seeking for the rate change. So things are progressing. Looking pretty good...
9-28-2019 Intel Guru Frank26 ...China in fact it's so big. I'll tell you what, this is going to explode the Iraqi dinar. It is so big...I'm serious. What it's going to do to the value of the Iraqi Dinar is amazing...
9-28-2019 Newshound Guru Breitling [Question: You said all along that they want to get the dinar to a buck then after this time maybe more. Do you mean RI at a dollar or RI much lower and have it slowly rise to a dollar?] Not an RI. A "Reinstatement" is a reinstatement of an earlier value. That doesn't mean anything anyways...You went all the way from $3.25 all the way down to a tenth of a penny. So pick a rate...what's the original value? There's no set of rules. They want to REVALUE the currency. They never said they want to reinstate...If there are any articles out there talking about reinstating their currency it never once came from the CBI...They clearly said they'll start off and get it to a buck. Whatever it is, they want to get it to a buck. Don't worry about the "RI".
9-28-2019 Newshound Guru Kaperoni I cannot see any reason the CBI would make a move before the end of the year. Banking reforms still need to be done, laws still need to be passed, investors need to come and set up business and there is a criticle vote Oct 24 on the CBI governor...If we're lucky and Iraq succeeds in launching a market economy around the first of the year, and we see the significant transition built into the budget for 2020, then we should see the Central Bank move off the peg and begin to float the currency next year. But time will tell.
9-28-2019 Newshound Guru chattels Article: "Financial expert Safwan Qusay said that the process of economic reform in Iraq needs to adopt a new approach to combat corruption." Increasingly my thinking is that Iraq just has too many problems for our liquidity event to happen. Lack of security, instability and corruption remain constant companions for Iraq. But, who knows?
9-28-2019 Intel Guru Frank26 ...something happened about three months ago...XE converter...why would you take the rate down of the Iraqi dinar? ...We found two more areas of interest that deal with the Iraqi dinar and they're saying the same thing. So that's three we have. That's a pattern we want to pay attention to ...I think it's because it's the right time to do that...I think this pattern being broken is related to our investment...
9-28-2019 Newshound Guru Kaperoni ...technically we were very close 6-7 years ago under Shabibi...Shabibi clearly prepared, held the dinar within 2% for 14 months or so and announced he was ready to move forward. As well the World Bank launched an extensive campaign on behalf of the CBI to inform citizens. For whatever the reasons, Maliki stopped him. Everyone is aware of that.
9-28-2019 Newshound Guru Jeff ...Our current status right now...don't forget the numbers that they're discussing for the 2020 budget include monies for Articles 140 and the HCL. This 2020 budget has post rate change monies in it...we're looking good. They're moving forward at the same pace they have throughout this entire year. Continuing to reach agreement. Continue to set the stage. Reaching stability and everything that the CBI is seeking for the rate change. So things are progressing. Looking pretty good...
9-28-2019 Intel Guru Frank26 ...China in fact it's so big. I'll tell you what, this is going to explode the Iraqi dinar. It is so big...I'm serious. What it's going to do to the value of the Iraqi Dinar is amazing...
9-28-2019 Newshound Guru Breitling [Question: You said all along that they want to get the dinar to a buck then after this time maybe more. Do you mean RI at a dollar or RI much lower and have it slowly rise to a dollar?] Not an RI. A "Reinstatement" is a reinstatement of an earlier value. That doesn't mean anything anyways...You went all the way from $3.25 all the way down to a tenth of a penny. So pick a rate...what's the original value? There's no set of rules. They want to REVALUE the currency. They never said they want to reinstate...If there are any articles out there talking about reinstating their currency it never once came from the CBI...They clearly said they'll start off and get it to a buck. Whatever it is, they want to get it to a buck. Don't worry about the "RI".
9-28-2019 Newshound Guru Kaperoni I cannot see any reason the CBI would make a move before the end of the year. Banking reforms still need to be done, laws still need to be passed, investors need to come and set up business and there is a criticle vote Oct 24 on the CBI governor...If we're lucky and Iraq succeeds in launching a market economy around the first of the year, and we see the significant transition built into the budget for 2020, then we should see the Central Bank move off the peg and begin to float the currency next year. But time will tell.
9-28-2019 Newshound Guru chattels Article: "Financial expert Safwan Qusay said that the process of economic reform in Iraq needs to adopt a new approach to combat corruption." Increasingly my thinking is that Iraq just has too many problems for our liquidity event to happen. Lack of security, instability and corruption remain constant companions for Iraq. But, who knows?
9-28-2019 Intel Guru Frank26 ...something happened about three months ago...XE converter...why would you take the rate down of the Iraqi dinar? ...We found two more areas of interest that deal with the Iraqi dinar and they're saying the same thing. So that's three we have. That's a pattern we want to pay attention to ...I think it's because it's the right time to do that...I think this pattern being broken is related to our investment...
9-28-2019 Newshound Guru Kaperoni ...technically we were very close 6-7 years ago under Shabibi...Shabibi clearly prepared, held the dinar within 2% for 14 months or so and announced he was ready to move forward. As well the World Bank launched an extensive campaign on behalf of the CBI to inform citizens. For whatever the reasons, Maliki stopped him. Everyone is aware of that.
9-27-2019 Newshound Guru Kaperoni ...everyone should pay attention on Oct 24th. Parliament is set to vote on Special Grades. This is critical because the Governor of the CBI is at risk. If Parliament chooses to replace Allaq it could be a major setback. Some think otherwise..time will tell.
9-27-2019 Intel Guru Frank26 ...on [Iraqi] television and electronic billboards they're telling the citizens the ISX is about to allow the country of Iraq and its citizens to enter the international global market for trade...companies right now are pouring in...they are about to tell us they are Article VIII...NASDAQ signed a contract with the ISX to start selling internationally on October 1st...
9-27-2019 Intel Guru MarkZ [via PDK] As we understand it we almost had the trigger pulled yesterday…we have great expectation for today and tomorrow. Everything points to “soon” . I hate that word, by the way. The word “soon” seemed to mean “eternity” in Dinarland…lol
9-27-2019 Newshound Guru Kaperoni Hopefully the CBI will follow the guidance of the IMF. And I believe they will and are creating the conditions for a market economy to create pressure on the financial system allowing the currency to appreciate be a float. We certainly have seen a lot of effort the last several months by the Iraqi government to line up investment to create a private sector as well as rebuild the infrastructure. Iraq has clearly stated they need $80 billion dollars to accomplish this.
9-27-2019 Intel Guru RayRen98 NEW BANK SOURCES HAVE OPENED UP TO ME...AND BOY, ARE THEY EXCITED ABOUT BEING ASSIGNED TO "EXCHANGE LOCATION CENTERS"...TODAY! SOME 'OLD' BANK SOURCES REPORTED HAVING TO REPORT TO "EXCHANGE LOCATION CENTERS" THIS MORNING...BEFORE OPENING HOURS! BEING TOLD..."AS SOON AS THE SCREENS REAPPEAR...IT'S PARTY TIME!" (IF I DISAPPEAR ALL OF A SUDDEN...HA HA HA) HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME. PAY ATTENTION...OR BE WILLING TO PAY THE PRICE!!
9-27-2019 Intel Guru Frank26 ...I don't like to talk about politics [but]...If you get rid of President Trump you don't have an RI in Iraq. Everything is in my opinion. But in my opinion that is a fact...
9-27-2019 Newshound/Intel Guru Mnt Goat We are just waiting for the CBI to make its next move. Bank memos or news is all insignificant if the CBI does not act...Don’t you think we will see any changes first in Iraq and report on them long before the news hits the US banks? There is no conspiracy here. No secrets. The banks don’t know and will not know before any more than we know.
9-27-2019 Intel Guru Frank26 "Firefly77 Report: On Iraqi TV today the CBI is saying to us, the citizens...that they have unified all databases with the Kurdistan area with Baghdad. The main branch of the Central Bank of Iraq and NEX.(?) They will be working on Musol, and they are talking about the importance of being able to do transactions now in real time with this database... It’s all linked up." Do you know what they are talking about? Do you understand why the CBI is telling the citizens that all banks now have the same database? Because they are international now and they are under Article 8 . And they are about to tell the world by simply changing it…that they have a new exchange rate. It doesn’t have to be a big announcement. When the media finds out, they are going to take it and run with it.
9-27-2019 Intel Guru Frank26 ...on [Iraqi] television and electronic billboards they're telling the citizens the ISX is about to allow the country of Iraq and its citizens to enter the international global market for trade...companies right now are pouring in...they are about to tell us they are Article VIII...NASDAQ signed a contract with the ISX to start selling internationally on October 1st...
9-27-2019 Intel Guru MarkZ [via PDK] As we understand it we almost had the trigger pulled yesterday…we have great expectation for today and tomorrow. Everything points to “soon” . I hate that word, by the way. The word “soon” seemed to mean “eternity” in Dinarland…lol
9-27-2019 Newshound Guru Kaperoni Hopefully the CBI will follow the guidance of the IMF. And I believe they will and are creating the conditions for a market economy to create pressure on the financial system allowing the currency to appreciate be a float. We certainly have seen a lot of effort the last several months by the Iraqi government to line up investment to create a private sector as well as rebuild the infrastructure. Iraq has clearly stated they need $80 billion dollars to accomplish this.
9-27-2019 Intel Guru RayRen98 NEW BANK SOURCES HAVE OPENED UP TO ME...AND BOY, ARE THEY EXCITED ABOUT BEING ASSIGNED TO "EXCHANGE LOCATION CENTERS"...TODAY! SOME 'OLD' BANK SOURCES REPORTED HAVING TO REPORT TO "EXCHANGE LOCATION CENTERS" THIS MORNING...BEFORE OPENING HOURS! BEING TOLD..."AS SOON AS THE SCREENS REAPPEAR...IT'S PARTY TIME!" (IF I DISAPPEAR ALL OF A SUDDEN...HA HA HA) HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME. PAY ATTENTION...OR BE WILLING TO PAY THE PRICE!!
9-27-2019 Intel Guru Frank26 ...I don't like to talk about politics [but]...If you get rid of President Trump you don't have an RI in Iraq. Everything is in my opinion. But in my opinion that is a fact...
9-27-2019 Newshound/Intel Guru Mnt Goat We are just waiting for the CBI to make its next move. Bank memos or news is all insignificant if the CBI does not act...Don’t you think we will see any changes first in Iraq and report on them long before the news hits the US banks? There is no conspiracy here. No secrets. The banks don’t know and will not know before any more than we know.
9-27-2019 Intel Guru Frank26 "Firefly77 Report: On Iraqi TV today the CBI is saying to us, the citizens...that they have unified all databases with the Kurdistan area with Baghdad. The main branch of the Central Bank of Iraq and NEX.(?) They will be working on Musol, and they are talking about the importance of being able to do transactions now in real time with this database... It’s all linked up." Do you know what they are talking about? Do you understand why the CBI is telling the citizens that all banks now have the same database? Because they are international now and they are under Article 8 . And they are about to tell the world by simply changing it…that they have a new exchange rate. It doesn’t have to be a big announcement. When the media finds out, they are going to take it and run with it.
9-26-2019 Newshound Guru Bloodloch ...As far as how I still believe it will happen, some are right on the money. The slow climb of 1090 to 1 up to 1 to 1 isn't likely to occur since speculators will exert buying pressure and the secondary market would get overheated very quickly. Yet, to say that 40 trillion in IQD is suddenly worth 40 trillion USD on the foreign (or domestic) exchange can't happen either. Even the US only possesses about a 3.3 trillion USD money supply (M0) of late. The truth, I believe, will be a happy medium between the extremes of an overnight revaluation on the one hand, and a long-term crawl on the other, to find its true, happy equilibrium.
9-26-2019 Newshound Guru Jeff ...they turned around yesterday and told you that starting in February they're gonna put these financial steps and measures in place that helps reduce the funding and financing for terrorism and money laundering. They're doing it in February...that tells me they're setting the stage most likely for March because they're putting these types of steps and measures in place in February. So what I'm suggesting to you is forget about January and February for the rate change. Move your eyes after February...
9-26-2019 Newshound Guru Kaperoni ...there are at least 10 articles in the last 2 years that say that the CBI needs to float the currency...whether you believe it or not they will float the currency because that is the tool that they need if they want investment in the country. If they don't want any outside investment they don't need to float. But they expect a ...billion dollars over the next 12 to 16 months to come into Iraq that will cause inflationary pressure on their financial system...there is no ifs ands or buts about it. If that money comes in they will have significant inflationary pressure and the tool for that is to float.
9-26-2019 Intel Guru Eagleone2025 [via PDK] THERE HAS BEEN A LOT OF TROUBLE IN BRINGING THIS TOGETHER. …BEEN ON THE PHONE WITH SEVERAL SOURCES. WE KNOW THAT WE ARE VERY CLOSE. THE RELEASE IS VERY NEAR. IT HAS BEEN A LONG JOURNEY.
9-26-2019 Intel Guru MarkZ [via PDK] Zurich and one UK contact are expecting fireworks at anytime today. [Any news from Iraq?] My last update was Tuesday night...as of then there was no new rate. [Iraq IXE supposed joining in the NASDEq on Oct 1st. Heard they have to be 1/1 at least 1 to 1 or higher rate before they can be on International Stock Exchange. What do you think?] and they have to be in Article 8. I am the most excited I have been in a long time…
9-26-2019 Newshound/Intel Guru Mnt Goat A “lop” is a technical term not slang. It is a IMF currency manipulation tool they use in times of hyper-inflation. ...Iraq is controlling their inflation and keeping it at bay to + or – 2%. If they were not doing this none of this second phase of the process to delete the zeros would even be taking place in the first place. ...They must maintain the MCP to this 2% criteria in order to move forward and operate under Article 8 of the IMF UN Charter for member nations. Iraq is a member. So again how anyone can call this a “lop” I don’t know. It does not even come close to the use of the IMF term...
9-26-2019 Intel Guru Frank26 Breaking news IMO...The White House of the United States of America put this out [video with Trump and the president of Iraq]...The White House wants us to know, American citizens and the whole world to know the White House is finally talking about Iraq and this timing is perfect...I believe the White House wants everyone to know where we're at with Iraq...timing is everything...it's week number 4 in September...
9-26-2019 Intel Guru RayRen98 BANK CONTACTS ARE SAYING "NOW THROUGH SATURDAY" .... TIME WILL TELL!
9-26-2019 Newshound Guru Kaperoni ...I am 100% positive of what I say because the IMF clearly said it...if it's in print in the IMF document its 100% fact...And if you don't believe the IMF has control over the CBI and only can influence them you're wrong because in 2015 they became trustee of the CBI which has given them authority to implement monetary policy. And we have since seen such action.
9-26-2019 Newshound Guru Jeff ...they turned around yesterday and told you that starting in February they're gonna put these financial steps and measures in place that helps reduce the funding and financing for terrorism and money laundering. They're doing it in February...that tells me they're setting the stage most likely for March because they're putting these types of steps and measures in place in February. So what I'm suggesting to you is forget about January and February for the rate change. Move your eyes after February...
9-26-2019 Newshound Guru Kaperoni ...there are at least 10 articles in the last 2 years that say that the CBI needs to float the currency...whether you believe it or not they will float the currency because that is the tool that they need if they want investment in the country. If they don't want any outside investment they don't need to float. But they expect a ...billion dollars over the next 12 to 16 months to come into Iraq that will cause inflationary pressure on their financial system...there is no ifs ands or buts about it. If that money comes in they will have significant inflationary pressure and the tool for that is to float.
9-26-2019 Intel Guru Eagleone2025 [via PDK] THERE HAS BEEN A LOT OF TROUBLE IN BRINGING THIS TOGETHER. …BEEN ON THE PHONE WITH SEVERAL SOURCES. WE KNOW THAT WE ARE VERY CLOSE. THE RELEASE IS VERY NEAR. IT HAS BEEN A LONG JOURNEY.
9-26-2019 Intel Guru MarkZ [via PDK] Zurich and one UK contact are expecting fireworks at anytime today. [Any news from Iraq?] My last update was Tuesday night...as of then there was no new rate. [Iraq IXE supposed joining in the NASDEq on Oct 1st. Heard they have to be 1/1 at least 1 to 1 or higher rate before they can be on International Stock Exchange. What do you think?] and they have to be in Article 8. I am the most excited I have been in a long time…
9-26-2019 Newshound/Intel Guru Mnt Goat A “lop” is a technical term not slang. It is a IMF currency manipulation tool they use in times of hyper-inflation. ...Iraq is controlling their inflation and keeping it at bay to + or – 2%. If they were not doing this none of this second phase of the process to delete the zeros would even be taking place in the first place. ...They must maintain the MCP to this 2% criteria in order to move forward and operate under Article 8 of the IMF UN Charter for member nations. Iraq is a member. So again how anyone can call this a “lop” I don’t know. It does not even come close to the use of the IMF term...
9-26-2019 Intel Guru Frank26 Breaking news IMO...The White House of the United States of America put this out [video with Trump and the president of Iraq]...The White House wants us to know, American citizens and the whole world to know the White House is finally talking about Iraq and this timing is perfect...I believe the White House wants everyone to know where we're at with Iraq...timing is everything...it's week number 4 in September...
9-26-2019 Intel Guru RayRen98 BANK CONTACTS ARE SAYING "NOW THROUGH SATURDAY" .... TIME WILL TELL!
9-26-2019 Newshound Guru Kaperoni ...I am 100% positive of what I say because the IMF clearly said it...if it's in print in the IMF document its 100% fact...And if you don't believe the IMF has control over the CBI and only can influence them you're wrong because in 2015 they became trustee of the CBI which has given them authority to implement monetary policy. And we have since seen such action.
9-25-2019 Newshound Guru Adam Montana The amount of the agreements amounts to some $500 billion (on the surface). Is this China investing in a poor, tattered, and hopeless nation? Or is it China investing in a resource rich and soon to be powerful ally? Quote: "China, according to the recent agreements will be one of the largest importers of Iraqi oil, and today imports up to 800 thousand barrels of oil per day from Iraq and I expect to rise to one million next year." ...The multi-million dinar question at this point may be as simple as this: "If China invests 500 billion into Iraq, does Iraq want to pay it back in Pre or Post RV dinars?"... [post 2 of 2]
9-25-2019 Newshound Guru Adam Montana For some time now I have personally had my eye on Iraq's dealings with other countries, much like many of you have. When it was announced that Iraqi officials were making a special trip to China for some specialized talks, it really perked me up! ...Since then, the China news has just gotten hotter and hotter! Of course none of us knows exactly how this is going to shake out, but it's undeniable that some major movements are taking place... [post 1 of 2....stay tuned]
9-25-2019 Newshound Guru Jeff ...Iraq is back to being as busy as can be right now. Basically what this is telling me is they need the remainder of this entire year of 2019 to finish setting the stage for the rate change... they're gonna need the remainder of this year to do it. Regarding the Education Minister, IMO, they will not even finish that until next year probably around Q1 of next year...so you might as well direct your focus to 2020.
9-25-2019 Intel Guru MarkZ [What are you hearing on the dong rate?] I hear it will roll out over there at about .47 but our contract rates will put it in the low $2.00 range. [How long do you think we will have to exchange?] We are hearing we will have 45 days to do our exchanges and 45 days to finish... We hear they want to make sure they have plenty of time to exchange. [Are we going to the banks this week?] Wish I could say yes for sure...IMO we will...but that’s just an opinion.
[post 2 of 2]
9-25-2019 Intel Guru MarkZ [via PDK] We are watching this thing roll out in an amazing way IMO. We are hearing that audits in the US caused a slight stall but we are still in an anytime mode. I have nothing negative to say... I would not be surprised to get a call at anytime saying here is your 800 numbers...go …Still hearing the dinar street rate will be about $3.91 with our contract rate a few dollars higher in the US. [post 1 of 2....stay tuned]
9-25-2019 Intel Guru Frank26 ...the CBI laid out step-by-step-by-step of what they were going to do with monetary reform...they called them phases. There's three phases they said. Phase II according to our firefly came to an end Saturday. Phase III is about to commence...We are in the 4th week of September that's phase III. What happened yesterday started Phase III pretty much. Yesterday the CBI told the citizens, 'look, we plastered out everywhere - you need to be ready...'
9-25-2019 Newshound/Intel Guru Mnt Goat ...these older 3 zero notes will “coincide” with the new smaller category notes. They will NOT be worthless even at a change to the program rate. Heck, even now they are not worthless. This is a bonified currency. As investors this first step does not mean much to us but does tell us there is no turning back unless they suddenly have massive inflation as a result of it. They probably won’t. So there will be waiting period to check for the inflation. My CBI contact told me it could be 3 days, 3 weeks or 3 months. Who knows until they do the program rate change. [post 2 of 2]
9-25-2019 Newshound/Intel Guru Mnt Goat Okay so let me go over this stage of the process to delete the zeros once more time... If the CBI program rate is .00083 then after they delete the zeros it will be .83 or 83 cents. They plan to first do this next step prior to the reinstatement. ...The new smaller category note of 25 will equal the same rate as the 25,000 was. So 25 dinar note x .83 = $20.75 in USD. Now after this CBI program rate changes, Iraqi citizens can then take their 25,000 notes to the bank and turn them in. They will be worth 25,000 x .83 = $20,750.00 in USD. [post 1 of 2....stay tuned]
9-25-2019 Newshound Guru Adam Montana For some time now I have personally had my eye on Iraq's dealings with other countries, much like many of you have. When it was announced that Iraqi officials were making a special trip to China for some specialized talks, it really perked me up! ...Since then, the China news has just gotten hotter and hotter! Of course none of us knows exactly how this is going to shake out, but it's undeniable that some major movements are taking place... [post 1 of 2....stay tuned]
9-25-2019 Newshound Guru Jeff ...Iraq is back to being as busy as can be right now. Basically what this is telling me is they need the remainder of this entire year of 2019 to finish setting the stage for the rate change... they're gonna need the remainder of this year to do it. Regarding the Education Minister, IMO, they will not even finish that until next year probably around Q1 of next year...so you might as well direct your focus to 2020.
9-25-2019 Intel Guru MarkZ [What are you hearing on the dong rate?] I hear it will roll out over there at about .47 but our contract rates will put it in the low $2.00 range. [How long do you think we will have to exchange?] We are hearing we will have 45 days to do our exchanges and 45 days to finish... We hear they want to make sure they have plenty of time to exchange. [Are we going to the banks this week?] Wish I could say yes for sure...IMO we will...but that’s just an opinion.
[post 2 of 2]
9-25-2019 Intel Guru MarkZ [via PDK] We are watching this thing roll out in an amazing way IMO. We are hearing that audits in the US caused a slight stall but we are still in an anytime mode. I have nothing negative to say... I would not be surprised to get a call at anytime saying here is your 800 numbers...go …Still hearing the dinar street rate will be about $3.91 with our contract rate a few dollars higher in the US. [post 1 of 2....stay tuned]
9-25-2019 Intel Guru Frank26 ...the CBI laid out step-by-step-by-step of what they were going to do with monetary reform...they called them phases. There's three phases they said. Phase II according to our firefly came to an end Saturday. Phase III is about to commence...We are in the 4th week of September that's phase III. What happened yesterday started Phase III pretty much. Yesterday the CBI told the citizens, 'look, we plastered out everywhere - you need to be ready...'
9-25-2019 Newshound/Intel Guru Mnt Goat ...these older 3 zero notes will “coincide” with the new smaller category notes. They will NOT be worthless even at a change to the program rate. Heck, even now they are not worthless. This is a bonified currency. As investors this first step does not mean much to us but does tell us there is no turning back unless they suddenly have massive inflation as a result of it. They probably won’t. So there will be waiting period to check for the inflation. My CBI contact told me it could be 3 days, 3 weeks or 3 months. Who knows until they do the program rate change. [post 2 of 2]
9-25-2019 Newshound/Intel Guru Mnt Goat Okay so let me go over this stage of the process to delete the zeros once more time... If the CBI program rate is .00083 then after they delete the zeros it will be .83 or 83 cents. They plan to first do this next step prior to the reinstatement. ...The new smaller category note of 25 will equal the same rate as the 25,000 was. So 25 dinar note x .83 = $20.75 in USD. Now after this CBI program rate changes, Iraqi citizens can then take their 25,000 notes to the bank and turn them in. They will be worth 25,000 x .83 = $20,750.00 in USD. [post 1 of 2....stay tuned]
9-24-2019 Newshound Guru Kaperoni [So Parliament can go against the CBI and do that?] no...if the CBI wants to remove the zeros...LOP...they need Parliament approval to do so because it affects the entire country including globally. It is the same thing when you see other laws being passed in Iraq when the government comes forward and says Parliament needs to approve because it's significant, it affects the country a law is required to LOP. But I'm not saying they're going to LOP I'm saying that that is an option but a significant RV is not an option. You can also go look at any other countries including Middle East countries when they remove the zeros from the notes...LOP. They also had to pass a law to do so. [post 2 of 2]
9-24-2019 Newshound Guru Kaperoni If you knew anything about Iraq you would know the CBI is independent. To some degree monetary policy is the responsibility of the CBI. But that being said if there were going to remove the zeros off of the notes it would require Parliament approval ...in other words if they're going to LOP... Parliament would have to approve or pass a law. That is what these articles are talking about otherwise there would be no need if they were going to RV...the CBI simply could do it on its own. [post 1 of 2....stay tuned]
9-24-2019 Intel Guru Frank26 ...by the CBI's note count, what they needed in the market for the redenomination/revaluation...is already in circulation in Iraq's markets. Therefore a freeze of these 250, 500 and 1000 was imposed. The number of these denominations and value are where they need to be for the RD/RV and for the introduction of the new small category notes...In other words...we are ready to launch this sucker!
9-24-2019 Intel Guru MarkZ [via PDK] I got an update from Isaac...in Zurich...tomorrow should be the day... I also have 2 other Europe contacts that expect full blown funding tomorrow morning. My contact who works on power plants and infrastructure in Iraq says no new rate as of yet...I am hearing ...that we should be moving by tomorrow...I heard that Dinar was in the $3.90 to $4 range street rate with the contract rate being a couple dollars higher possibly...for the Dong I am still hearing from .47 to $2.25...
9-24-2019 Newshound Guru Adam Montana Article: "China Energy Corporation: ready to rebuild infrastructure in Iraq " China. Iraqi infrastructure. This is getting hotter by the minute.
9-24-2019 Newshound Guru Vital Brad ...the XE converter that I check in all my videos. I did the exact same process and they've changed their format...in a process that appears it's getting ready so that you can actually exchange and use the Iraq currency like the other currencies on their site...It's got mid-market rates. Live rate. 1 USD = 1191. There's a transfer fee. But then right now it says, "Unfortunately we are not able to provide online money transfers from USD to IQD at this time." I've never see that before. That's an exciting change...
9-24-2019 Newshound Guru Jeff ...I'm no longer looking at September. I'm looking ahead past September...yesterday an article came out saying that they're gonna replace current smaller categories in circulation. The 250s, the 500s, the 1000 denoms...has nothing to do with the rate change...the ones currently in circulation are getting worn out...If Iraq had intentions or planned to change the rate during the year 2019 do you still think they would be replacing the notes...? From my own opinion that could suggest to me that they might not have intentions of changing the rate during the year of 2019. That might suggest they have intentions of doing it during the year 2020...I'm gonna bring you everything...this isn't good or bad. This is the reality with this investment...we have to set our emotions aside in this...if we can't set our emotions aside we probably shouldn't be in this.
9-24-2019 Intel Guru Frank26 ...IMO In this phase, since the education phase 2 is over, this phase is now to send to these banks the new small category notes. To teach them about these new small category notes. Ain't no body seen them...I think this is in process right now or it's been complete or it's about to start and I believe once that's done (it's only a one day class) that information is going to trickle down from the CBI to the bank echelon, to bank management, to tellers, and to the citizens...
9-24-2019 Intel Guru MarkZ [Do we need to have an announcement of the Gold standard before we see the reset?] I would expect an RV/reset first then an announcement on the Gold Standard/asset backed currency a couple of days later...imo.
9-24-2019 Intel/Newshound Guru sandyf ...There is a lot of confusion over co-existence. Initially dual pricing will come into effect where both currencies are accepted in retail outlets. This will only happen for so long, possibly about a year. thereafter the old currency can only be exchanged at designated banks, that is where the 10 years would come in. Internationally it is a different ball game all together. A country can only have one national currency and international banks will only exchange the national currency. The day a redenomination takes place the IQD will no longer be the national currency. As I have said before as far as redenomination goes, Iraq faces an extremely complex problem with regards to the amount of currency outside the country, something that no other country that has redenominated has had to deal with.
9-24-2019 Newshound Guru Kaperoni If you knew anything about Iraq you would know the CBI is independent. To some degree monetary policy is the responsibility of the CBI. But that being said if there were going to remove the zeros off of the notes it would require Parliament approval ...in other words if they're going to LOP... Parliament would have to approve or pass a law. That is what these articles are talking about otherwise there would be no need if they were going to RV...the CBI simply could do it on its own. [post 1 of 2....stay tuned]
9-24-2019 Intel Guru Frank26 ...by the CBI's note count, what they needed in the market for the redenomination/revaluation...is already in circulation in Iraq's markets. Therefore a freeze of these 250, 500 and 1000 was imposed. The number of these denominations and value are where they need to be for the RD/RV and for the introduction of the new small category notes...In other words...we are ready to launch this sucker!
9-24-2019 Intel Guru MarkZ [via PDK] I got an update from Isaac...in Zurich...tomorrow should be the day... I also have 2 other Europe contacts that expect full blown funding tomorrow morning. My contact who works on power plants and infrastructure in Iraq says no new rate as of yet...I am hearing ...that we should be moving by tomorrow...I heard that Dinar was in the $3.90 to $4 range street rate with the contract rate being a couple dollars higher possibly...for the Dong I am still hearing from .47 to $2.25...
9-24-2019 Newshound Guru Adam Montana Article: "China Energy Corporation: ready to rebuild infrastructure in Iraq " China. Iraqi infrastructure. This is getting hotter by the minute.
9-24-2019 Newshound Guru Vital Brad ...the XE converter that I check in all my videos. I did the exact same process and they've changed their format...in a process that appears it's getting ready so that you can actually exchange and use the Iraq currency like the other currencies on their site...It's got mid-market rates. Live rate. 1 USD = 1191. There's a transfer fee. But then right now it says, "Unfortunately we are not able to provide online money transfers from USD to IQD at this time." I've never see that before. That's an exciting change...
9-24-2019 Newshound Guru Jeff ...I'm no longer looking at September. I'm looking ahead past September...yesterday an article came out saying that they're gonna replace current smaller categories in circulation. The 250s, the 500s, the 1000 denoms...has nothing to do with the rate change...the ones currently in circulation are getting worn out...If Iraq had intentions or planned to change the rate during the year 2019 do you still think they would be replacing the notes...? From my own opinion that could suggest to me that they might not have intentions of changing the rate during the year of 2019. That might suggest they have intentions of doing it during the year 2020...I'm gonna bring you everything...this isn't good or bad. This is the reality with this investment...we have to set our emotions aside in this...if we can't set our emotions aside we probably shouldn't be in this.
9-24-2019 Intel Guru Frank26 ...IMO In this phase, since the education phase 2 is over, this phase is now to send to these banks the new small category notes. To teach them about these new small category notes. Ain't no body seen them...I think this is in process right now or it's been complete or it's about to start and I believe once that's done (it's only a one day class) that information is going to trickle down from the CBI to the bank echelon, to bank management, to tellers, and to the citizens...
9-24-2019 Intel Guru MarkZ [Do we need to have an announcement of the Gold standard before we see the reset?] I would expect an RV/reset first then an announcement on the Gold Standard/asset backed currency a couple of days later...imo.
9-24-2019 Intel/Newshound Guru sandyf ...There is a lot of confusion over co-existence. Initially dual pricing will come into effect where both currencies are accepted in retail outlets. This will only happen for so long, possibly about a year. thereafter the old currency can only be exchanged at designated banks, that is where the 10 years would come in. Internationally it is a different ball game all together. A country can only have one national currency and international banks will only exchange the national currency. The day a redenomination takes place the IQD will no longer be the national currency. As I have said before as far as redenomination goes, Iraq faces an extremely complex problem with regards to the amount of currency outside the country, something that no other country that has redenominated has had to deal with.
9-23-2019 Newshound Guru Adam Montana ...I have seen a major opportunity in the value of the Iraqi Dinar for a long time. Many of you do as well. As a community we have weathered a lot of delays, but that doesn’t take away from the potential. The Dinar is going to raise in value. It’s simply a matter of “when” and “how much”.
9-23-2019 Intel Guru Frank26 ...What Iraq is doing is introducing a new small category note to replace the old three zero notes because those three zero notes are going to become as extinct as a brontosaurus. They'll eventually fade away...you can not use the three zero notes with the new rate that they're going to introduce...
9-23-2019 Intel Guru BobTheTaxMan ...people ask me all the time what is the best way to be able to deal with this event [the dinar rv] in the very near future?...The primary thing I want everyone to understand is the taxation on this particular currency...falls under specific regulations that is separate from ordinary investment returns...this particular currency is being handled and looked at as a non-compliant exotic situation. Therefore it doesn't get to have the tributes that are required to have to make it a long term capital gain. So anyone who is still caught up in that particular idea that this is going to be treated this way needs to understand it's not... [NOTE: Speak to your tax professional at the appropriate time!]
9-23-2019 Intel Guru MarkZ As of yesterday there was no new value in Iraq yet. No update from Isaac is Zurich for over a week…I really hope he was paid and is under a NDA. My contacts at the redemption centers did not work last weekend. There is a rumor that new 800 numbers went to key people over the weekend but I did not get one…so have no idea. I hear US Marshalls will ring the closing bell today at the NYSE...Melania ringing the opening bell and US Marshalls ringing the closing bell could be a sign……let’s hope it is...
9-23-2019 Newshound Guru Adam Montana Iraq is meeting with China this week, and China may be stepping in to develop some infrastructure in Iraq...Seriously - China building roads or other essential things in Iraq...it's just the tip of the iceberg. It's a tiny piece of the complex picture that makes it possible for Iraq to increase the value of their currency...This China thing could be a MAJOR jump ahead for Iraq if it’s done right. ...China isn’t new to this game. Neither is Iraq...Iraq also has a neat position in the world, and I think we all know what that is. And now I hope you can understand how they could easily use China to help them focus on their true assets, and make some major moves forward...This could all be happening in the next week or so. It’s going to happen quickly when it does...
9-23-2019 Newshound Guru Jeff ...Iraq just shifted gears on you...they have to have a permanent completed formed government without proxy positions...the Education Minister has to be voted in and then as of this morning the news is telling you that "temporary" does not mean "stability". They have to get rid of the temporary proxy positions during the month of October...basically they're telling you they have a drop dead date of October 24th...this throws a curve-ball into things...
9-23-2019 Intel Guru Frank26 ...What Iraq is doing is introducing a new small category note to replace the old three zero notes because those three zero notes are going to become as extinct as a brontosaurus. They'll eventually fade away...you can not use the three zero notes with the new rate that they're going to introduce...
9-23-2019 Intel Guru BobTheTaxMan ...people ask me all the time what is the best way to be able to deal with this event [the dinar rv] in the very near future?...The primary thing I want everyone to understand is the taxation on this particular currency...falls under specific regulations that is separate from ordinary investment returns...this particular currency is being handled and looked at as a non-compliant exotic situation. Therefore it doesn't get to have the tributes that are required to have to make it a long term capital gain. So anyone who is still caught up in that particular idea that this is going to be treated this way needs to understand it's not... [NOTE: Speak to your tax professional at the appropriate time!]
9-23-2019 Intel Guru MarkZ As of yesterday there was no new value in Iraq yet. No update from Isaac is Zurich for over a week…I really hope he was paid and is under a NDA. My contacts at the redemption centers did not work last weekend. There is a rumor that new 800 numbers went to key people over the weekend but I did not get one…so have no idea. I hear US Marshalls will ring the closing bell today at the NYSE...Melania ringing the opening bell and US Marshalls ringing the closing bell could be a sign……let’s hope it is...
9-23-2019 Newshound Guru Adam Montana Iraq is meeting with China this week, and China may be stepping in to develop some infrastructure in Iraq...Seriously - China building roads or other essential things in Iraq...it's just the tip of the iceberg. It's a tiny piece of the complex picture that makes it possible for Iraq to increase the value of their currency...This China thing could be a MAJOR jump ahead for Iraq if it’s done right. ...China isn’t new to this game. Neither is Iraq...Iraq also has a neat position in the world, and I think we all know what that is. And now I hope you can understand how they could easily use China to help them focus on their true assets, and make some major moves forward...This could all be happening in the next week or so. It’s going to happen quickly when it does...
9-23-2019 Newshound Guru Jeff ...Iraq just shifted gears on you...they have to have a permanent completed formed government without proxy positions...the Education Minister has to be voted in and then as of this morning the news is telling you that "temporary" does not mean "stability". They have to get rid of the temporary proxy positions during the month of October...basically they're telling you they have a drop dead date of October 24th...this throws a curve-ball into things...
9-22-2019 Intel Guru RayRen98 Even though it's Sunday and MOST banks are closed up tight today...Some exchangers did report to their respective exchange center locations and have been working "on location" for seven straight days now, hmmmmmm? A bank in Virginia was reported having a full parking lot and armed security officers escorting people to their cars as they exited the bank. Say What?
9-22-2019 Intel/Newshound Guru sandyf "Five Trillion Dinars in Circulation Now, Tlar Saleh" People really need to understand the difference between currency in circulation and currency circulated. The CBI accounts show an amount in respect of their liability for currency in circulation which includes all currency such as bank deposits and out of the country. The article is referring to circulated currency, do people really think that currency in bank accounts and out of Iraq gets worn out and damaged and in need of replacement. As for the auctions, just part of the circulation mechanism. One of the methods used to convert the USD income revenue into dinar to fund the budget. The 2019 budget was around 130 Trillion dinar, where does the money come from if not from converting USD to dinar.
9-22-2019 Newshound Guru Adam Montana [Will the Dinar come out around .01 cent to.10 cents to the USD, then float from there?] I think I've heard people suggest 10 cents to the dollar...I'll dig around and see if I can find a source...
9-22-2019 Newshound/Intel Guru Mnt Goat Article: "MOHAMMED SALEH: THE DEFICITS IN THE BUDGET HYPOTHETICAL, AND THAT THE FINANCIAL SITUATION OF IRAQ IS REASSURING AND DOES NOT THREATEN FINANCIAL SUSTAINABILITY" Quote: "the reserve of the central bank along with the reserve of the government amounted to 87 billion dollars, and this is very positive gives a great resilience to the state in the most difficult circumstances." So the TRUTH will set you FREE. No real deficit and plenty of money to re-mint the needed coins. But we know from 2012 there are already plenty of coins to launch to begin the process anyhow. How was DR shabibi going to do this in September of 2012 anyhow if there was no coins already minted? ...Remember there is opposition to changing the currency and some are happy with the current level of corruption. Why? Because they are in on the take.
9-22-2019 Newshound Guru Kaperoni ...The CBI publishes a quarterly report showing how much dinar, the IMF publishes a yearly report. And several news articles over the years have come out and told as well how much dinar is in circulation. All three of those add up to a pretty factual statement that 42 + trillion exists. And again nobody has proven once that that amount is wrong. Even if the 42 + trillion was wrong and it was say 10 trillion it's still too much money for Iraq to ever significantly RV. No country can support 1 trillion in currency let alone 42. ...they'll never significantly RV it's not possible...they could Lop or do what the IMF proposed which is float and in my opinion is the most likely due to the fact that they are working behind the scenes to create a market economy to create the conditions for a float.
9-22-2019 Intel/Newshound Guru sandyf "Five Trillion Dinars in Circulation Now, Tlar Saleh" People really need to understand the difference between currency in circulation and currency circulated. The CBI accounts show an amount in respect of their liability for currency in circulation which includes all currency such as bank deposits and out of the country. The article is referring to circulated currency, do people really think that currency in bank accounts and out of Iraq gets worn out and damaged and in need of replacement. As for the auctions, just part of the circulation mechanism. One of the methods used to convert the USD income revenue into dinar to fund the budget. The 2019 budget was around 130 Trillion dinar, where does the money come from if not from converting USD to dinar.
9-22-2019 Newshound Guru Adam Montana [Will the Dinar come out around .01 cent to.10 cents to the USD, then float from there?] I think I've heard people suggest 10 cents to the dollar...I'll dig around and see if I can find a source...
9-22-2019 Newshound/Intel Guru Mnt Goat Article: "MOHAMMED SALEH: THE DEFICITS IN THE BUDGET HYPOTHETICAL, AND THAT THE FINANCIAL SITUATION OF IRAQ IS REASSURING AND DOES NOT THREATEN FINANCIAL SUSTAINABILITY" Quote: "the reserve of the central bank along with the reserve of the government amounted to 87 billion dollars, and this is very positive gives a great resilience to the state in the most difficult circumstances." So the TRUTH will set you FREE. No real deficit and plenty of money to re-mint the needed coins. But we know from 2012 there are already plenty of coins to launch to begin the process anyhow. How was DR shabibi going to do this in September of 2012 anyhow if there was no coins already minted? ...Remember there is opposition to changing the currency and some are happy with the current level of corruption. Why? Because they are in on the take.
9-22-2019 Newshound Guru Kaperoni ...The CBI publishes a quarterly report showing how much dinar, the IMF publishes a yearly report. And several news articles over the years have come out and told as well how much dinar is in circulation. All three of those add up to a pretty factual statement that 42 + trillion exists. And again nobody has proven once that that amount is wrong. Even if the 42 + trillion was wrong and it was say 10 trillion it's still too much money for Iraq to ever significantly RV. No country can support 1 trillion in currency let alone 42. ...they'll never significantly RV it's not possible...they could Lop or do what the IMF proposed which is float and in my opinion is the most likely due to the fact that they are working behind the scenes to create a market economy to create the conditions for a float.
9-21-2019 Newshound Guru Whitelions the news coming out is Fantastic we all should be very excited...
9-21-2019 Newshound/Intel Guru Mnt Goat ...I am reassuring everyone now that the step following this one is to reinstate the IQD and NOT to move the program rate to the exchanges such as FOREX but rather to re-peg the IQD to an SDR basket. This and only this, is what is going to force the rate to change from the program rate they have today...If all goes according to their target dates this could occur any day now. We are already in mid-September. But remember this is not the reinstatement and we can not yet go to the bank to exchange. This is solely going to happen inside Iraq...They are also not going to post anything in the Gazette when the reinstatement happens. It will appear in the news channels as this is the place for this kind of news. The Official Iraqi Gazatte is NOT a news source. [post 2 of 2]
9-21-2019 Newshound/Intel Guru Mnt Goat ...I have said over and over again that the next step is to issue the smaller of the small category notes and coins (250,500 and 1000 already issued) and then to change the program rate by deleting the zeros. For instance, a program rate of .00083 will become .83 or 83 cents. It will still remain pegged at the de-facto peg solely to the US dollar at this point, as it is today. ...Is this changing the rate? Yes... The goal of the CBI is to monitor the inflation rate after they make this next move. This could be 3 days, 3 weeks or 3 months. My take is it will be about a week... [post 1 of 2....stay tuned]
9-21-2019 Newshound Guru Jeff ...if you look at what Iraq has started going through September and then what they have slated for October...just based on facts using common sense...reaching the end of September is kind of an ending period and starting at the beginning of October is more of a new beginning period because look at 10-1, they have that new NASDAQ software coming online. They have a brand new CBI governor coming on board...10-1 is more of a new starting period versus September...
9-21-2019 Newshound Guru Kaperoni Quote: ..."staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect," ...The IMF is asking the CBI to create the conditions to float the currency to allow it to appreciate based on the Balassa -Samuelson effect... [Post 2 of 2]
9-21-2019 Newshound Guru Kaperoni If they launch the market economy as they have been aggressively trying to move towards and have presented it to be included in the budget of 2020, then I see no reason for a LOP...at that point I would see the CBI...moving to a float to allow the currency to appreciate to offset inflationary pressure created by that influx of capital...Remember the number one job of the CBI is to maintain monetary policy and reduce inflation...The IMF is specifically referencing the Balassa -Samuelson effect as the outcome for the dinar. That is a fact... [Post 1 of 2]
9-21-2019 Newshound/Intel Guru Mnt Goat ...I am reassuring everyone now that the step following this one is to reinstate the IQD and NOT to move the program rate to the exchanges such as FOREX but rather to re-peg the IQD to an SDR basket. This and only this, is what is going to force the rate to change from the program rate they have today...If all goes according to their target dates this could occur any day now. We are already in mid-September. But remember this is not the reinstatement and we can not yet go to the bank to exchange. This is solely going to happen inside Iraq...They are also not going to post anything in the Gazette when the reinstatement happens. It will appear in the news channels as this is the place for this kind of news. The Official Iraqi Gazatte is NOT a news source. [post 2 of 2]
9-21-2019 Newshound/Intel Guru Mnt Goat ...I have said over and over again that the next step is to issue the smaller of the small category notes and coins (250,500 and 1000 already issued) and then to change the program rate by deleting the zeros. For instance, a program rate of .00083 will become .83 or 83 cents. It will still remain pegged at the de-facto peg solely to the US dollar at this point, as it is today. ...Is this changing the rate? Yes... The goal of the CBI is to monitor the inflation rate after they make this next move. This could be 3 days, 3 weeks or 3 months. My take is it will be about a week... [post 1 of 2....stay tuned]
9-21-2019 Newshound Guru Jeff ...if you look at what Iraq has started going through September and then what they have slated for October...just based on facts using common sense...reaching the end of September is kind of an ending period and starting at the beginning of October is more of a new beginning period because look at 10-1, they have that new NASDAQ software coming online. They have a brand new CBI governor coming on board...10-1 is more of a new starting period versus September...
9-21-2019 Newshound Guru Kaperoni Quote: ..."staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect," ...The IMF is asking the CBI to create the conditions to float the currency to allow it to appreciate based on the Balassa -Samuelson effect... [Post 2 of 2]
9-21-2019 Newshound Guru Kaperoni If they launch the market economy as they have been aggressively trying to move towards and have presented it to be included in the budget of 2020, then I see no reason for a LOP...at that point I would see the CBI...moving to a float to allow the currency to appreciate to offset inflationary pressure created by that influx of capital...Remember the number one job of the CBI is to maintain monetary policy and reduce inflation...The IMF is specifically referencing the Balassa -Samuelson effect as the outcome for the dinar. That is a fact... [Post 1 of 2]
9-20-2019 Newshound Guru MiliiaMan Article: "Trump imposes sanctions on Iran's central bank and reveals another package" I hope everyone realizes just what this means. Trump has neutered the Iranian National Bank. How? Well, Iran is one of Iraq's largest trading partners and has massive amounts of Dinar. They clearly will have a hard time making any money off the re in statement of Iraq IQD with sanctions on!! The timing of this is massive imo...
9-20-2019 Newshound Guru larrykn If they get rid of the auctions with all the money they make on it, what are they going to replace it with when they stop the auctions and having a rate that starts at where it is now and has to take at least a year to get to a rate that they can compete with the world as per Kap [Guru Kaperoni]. ...I'm not sure how that will work out...to me they need a rate that they can compete with the world other wise the system will just not work...not when companies come in to do business with them.
9-20-2019 Guest Guru Mike Cottrell [via PDK] [Many people are asking about the 275 billion the Fed has sunk into the overnight lending markets this week...What are your thoughts on this?] Basically the banks are not liquid and My thoughts are they anticipating this revaluation…this reset is about to happen...I see this as the banks have no cash that they need to pay out for the exchanges. So they hit the Fed up for cash to pay us…to pay out so it’s not on their balance sheets…it’s on the Fed’s. They have been hitting the Fed for the last 3 days and I feel they will hit them up for more so they can pay out all the SKR’s and contract needs. It’s another way to force the issue.
9-20-2019 Intel Guru MarkZ [via PDK] Today is one of those days that we will be watching closely. Reno is still really quiet...rumors that 800 numbers could come out today through tomorrow.
9-20-2019 Newshound Guru Jeff ...Based on news we could not be at a better point in this investment. We are in the best position we've ever been in. Iraq is at the end of the road right now. Based on their own news they have reached the end of their road. Either they have to release news telling us that they're going to start something new or they're at a point where they just have to finish the formation of the government so they're no longer boxed in that corner and they can advance to their new beginning which is the rate change. We look amazing. We have to see this play out. The current period that we're in right now is the best news we've every had throughout the history of this investment. It does not get any better than this. Next week is going to be red hot...
9-20-2019 Newshound Guru Kaperoni Anything is possible in Iraq. But considering the IMF is the trustee over the CBI it is unlikely a LOP would be something the IMF would approve of. I would only see that occurring if the economic conditions failed for the development of the market economy and left no other option...If they launch the market economy as they have been aggressively trying to move towards and have presented it to be included in the budget of 2020, then I see no reason for a LOP...
9-20-2019 Newshound Guru Adam Montana There are some rumblingsssss right now! This recent development with China may be “more than meets the eye”, and I’m hearing some encouraging things about the oil law...I don’t want to get too giddy right now, but we might have a heck of a week coming up.
9-20-2019 Newshound Guru larrykn If they get rid of the auctions with all the money they make on it, what are they going to replace it with when they stop the auctions and having a rate that starts at where it is now and has to take at least a year to get to a rate that they can compete with the world as per Kap [Guru Kaperoni]. ...I'm not sure how that will work out...to me they need a rate that they can compete with the world other wise the system will just not work...not when companies come in to do business with them.
9-20-2019 Guest Guru Mike Cottrell [via PDK] [Many people are asking about the 275 billion the Fed has sunk into the overnight lending markets this week...What are your thoughts on this?] Basically the banks are not liquid and My thoughts are they anticipating this revaluation…this reset is about to happen...I see this as the banks have no cash that they need to pay out for the exchanges. So they hit the Fed up for cash to pay us…to pay out so it’s not on their balance sheets…it’s on the Fed’s. They have been hitting the Fed for the last 3 days and I feel they will hit them up for more so they can pay out all the SKR’s and contract needs. It’s another way to force the issue.
9-20-2019 Intel Guru MarkZ [via PDK] Today is one of those days that we will be watching closely. Reno is still really quiet...rumors that 800 numbers could come out today through tomorrow.
9-20-2019 Newshound Guru Jeff ...Based on news we could not be at a better point in this investment. We are in the best position we've ever been in. Iraq is at the end of the road right now. Based on their own news they have reached the end of their road. Either they have to release news telling us that they're going to start something new or they're at a point where they just have to finish the formation of the government so they're no longer boxed in that corner and they can advance to their new beginning which is the rate change. We look amazing. We have to see this play out. The current period that we're in right now is the best news we've every had throughout the history of this investment. It does not get any better than this. Next week is going to be red hot...
9-20-2019 Newshound Guru Kaperoni Anything is possible in Iraq. But considering the IMF is the trustee over the CBI it is unlikely a LOP would be something the IMF would approve of. I would only see that occurring if the economic conditions failed for the development of the market economy and left no other option...If they launch the market economy as they have been aggressively trying to move towards and have presented it to be included in the budget of 2020, then I see no reason for a LOP...
9-20-2019 Newshound Guru Adam Montana There are some rumblingsssss right now! This recent development with China may be “more than meets the eye”, and I’m hearing some encouraging things about the oil law...I don’t want to get too giddy right now, but we might have a heck of a week coming up.
9-19-2019 Intel Guru Frank26 ...now it [The Iraqi dinar] is being primed and it looks like the CBI is telling us they're ready to introduce new smaller category notes and fils which can only be done if they lift the three zeros from their exchange rate. They've done a pretty good job of lifting the three zeros from the street. Those are the two areas they are being lifted...they just said a few days ago, 'we have so much to back up our currency that it's way beyond International standards.'...that's really good.
9-19-2019 Newshound Guru Kaperoni ...There is no reinstatement of the dinar until the CBI writes the letter and the IMF accepts the letter for Article VIII. It's no secret when that happens we will all know. Even if it happens that has nothing to do with the exchange rate.
9-19-2019 Newshound Guru Breitling ...Iraq and these countries do not put out their money supply. They do not tell people exactly what their money supply is. But they did a couple of years ago by mistake. They said they were at 4 billion notes...according to this guru there's...80 Trillion dinar out there which is equal to 80 billion dollars or something like that...that's not true...they're reading a report that tells everybody what their country is worth. It's NOT their money supply. Here's the difference. What's your house worth? What's your car worth? What's your property worth? That's one report. Another report would be how much do you have in your pocket? How much Cash do you have? That's what I'm talking about. For some reason people aren't getting this...when I got into this investment they had about 12 billion notes...
9-19-2019 Newshound Guru Kaperoni [via Zig] ...there have been many discussions about a float over the years from the CBI, and economic experts in Iraq. Many of them positive...A year or so ago when somebody asked the CBI about floating the currency their response was that they weren't going to float AT THIS TIME and it was taken out of context as if they were saying no float ever...the truth is they were not ready to float at that time and proper translation of the article was necessary because all countries float eventually especially Emerging Markets. And there have been many examples of countries moving from fixed to float over the last few years. Even several in the Middle East"...
9-19-2019 Newshound Guru Jeff ...they've purposely delayed the formation of the government because it's literally the linchpin. It's the last thing we're going to see right before the rate change...the reason why the rate change will not occur this week is...Iraq has to achieve stability before the powers-that-be will allow Iraq to change the rate. This week they're having massive meetings between Kurdistan and Baghdad. They have to reach agreements on every level to achieve stability...I personally feel Mahdi has to be in country when the rate changes...this is a once-in-a-lifetime historic event. When it happens logic tells me Mahdi would want to be inside the country when the rate does change...he wants to be part of this historic event...Mahdi is gonna be in china on Thursday to Sunday...I still have the remainder of September on my radar. I still have my eyes on next week...
9-19-2019 Intel Guru MarkZ [via PDK] Reno is being very quiet… Isaac (in Zurich) has not updated us since last week...I really hope that means he is under a NDA. [...are they simply kicking the can down the road again into next week?] I really do not think they are kicking the can…I think its rolling out...not as quickly as we want...but I believe its logistics at this point. My contacts on the ground say no new rate as of yet…I am told the Iraqi PM is in China signing the final RV paperwork, trade issues, and treasury rates...and it will release when he gets back home which should be overnight tonight to Sat. Morning. [THERE WAS A BANK THAT IN TEXAS THAT EXCHANGED THE DINAR AT $3.91 ON TUESDAY] They appeared to have jumped the gun...but if banks are doing currency swaps...you know they believe we are really close...
9-19-2019 Newshound Guru Kaperoni ...They will never introduce any smaller categories until the currency has begun to appreciate to a point where they would be needed and it would be seamless without fanfare.
9-19-2019 Newshound Guru Adam Montana ...China has the ability to dump loads of money into Iraq's infrastructure, taking significant weight off of the Iraqis in that regard, which would free up Iraq's resources (time/people/government/etc) to focus on their actual bread and butter. China won't be doing this for free... in fact, I can foresee Iraq becoming so indebted to China over this that they are forced to raise the value of their currency just to cover the debt that they will willingly incur from China in order to fast-track their future. Iraq then officially enters the currency manipulation game, just to keep up with China, and that just tickles me pink! Who wins if this happens? Everyone. China wins. Iraq wins. We win. This is a clear path to Iraq becoming even stronger, with a stronger currency, and the rest is sort of irrelevant. Pretty neat stuff.
9-19-2019 Newshound Guru Kaperoni ...There is no reinstatement of the dinar until the CBI writes the letter and the IMF accepts the letter for Article VIII. It's no secret when that happens we will all know. Even if it happens that has nothing to do with the exchange rate.
9-19-2019 Newshound Guru Breitling ...Iraq and these countries do not put out their money supply. They do not tell people exactly what their money supply is. But they did a couple of years ago by mistake. They said they were at 4 billion notes...according to this guru there's...80 Trillion dinar out there which is equal to 80 billion dollars or something like that...that's not true...they're reading a report that tells everybody what their country is worth. It's NOT their money supply. Here's the difference. What's your house worth? What's your car worth? What's your property worth? That's one report. Another report would be how much do you have in your pocket? How much Cash do you have? That's what I'm talking about. For some reason people aren't getting this...when I got into this investment they had about 12 billion notes...
9-19-2019 Newshound Guru Kaperoni [via Zig] ...there have been many discussions about a float over the years from the CBI, and economic experts in Iraq. Many of them positive...A year or so ago when somebody asked the CBI about floating the currency their response was that they weren't going to float AT THIS TIME and it was taken out of context as if they were saying no float ever...the truth is they were not ready to float at that time and proper translation of the article was necessary because all countries float eventually especially Emerging Markets. And there have been many examples of countries moving from fixed to float over the last few years. Even several in the Middle East"...
9-19-2019 Newshound Guru Jeff ...they've purposely delayed the formation of the government because it's literally the linchpin. It's the last thing we're going to see right before the rate change...the reason why the rate change will not occur this week is...Iraq has to achieve stability before the powers-that-be will allow Iraq to change the rate. This week they're having massive meetings between Kurdistan and Baghdad. They have to reach agreements on every level to achieve stability...I personally feel Mahdi has to be in country when the rate changes...this is a once-in-a-lifetime historic event. When it happens logic tells me Mahdi would want to be inside the country when the rate does change...he wants to be part of this historic event...Mahdi is gonna be in china on Thursday to Sunday...I still have the remainder of September on my radar. I still have my eyes on next week...
9-19-2019 Intel Guru MarkZ [via PDK] Reno is being very quiet… Isaac (in Zurich) has not updated us since last week...I really hope that means he is under a NDA. [...are they simply kicking the can down the road again into next week?] I really do not think they are kicking the can…I think its rolling out...not as quickly as we want...but I believe its logistics at this point. My contacts on the ground say no new rate as of yet…I am told the Iraqi PM is in China signing the final RV paperwork, trade issues, and treasury rates...and it will release when he gets back home which should be overnight tonight to Sat. Morning. [THERE WAS A BANK THAT IN TEXAS THAT EXCHANGED THE DINAR AT $3.91 ON TUESDAY] They appeared to have jumped the gun...but if banks are doing currency swaps...you know they believe we are really close...
9-19-2019 Newshound Guru Kaperoni ...They will never introduce any smaller categories until the currency has begun to appreciate to a point where they would be needed and it would be seamless without fanfare.
9-19-2019 Newshound Guru Adam Montana ...China has the ability to dump loads of money into Iraq's infrastructure, taking significant weight off of the Iraqis in that regard, which would free up Iraq's resources (time/people/government/etc) to focus on their actual bread and butter. China won't be doing this for free... in fact, I can foresee Iraq becoming so indebted to China over this that they are forced to raise the value of their currency just to cover the debt that they will willingly incur from China in order to fast-track their future. Iraq then officially enters the currency manipulation game, just to keep up with China, and that just tickles me pink! Who wins if this happens? Everyone. China wins. Iraq wins. We win. This is a clear path to Iraq becoming even stronger, with a stronger currency, and the rest is sort of irrelevant. Pretty neat stuff.
9-18-2019 Newshound Guru Jeff ...let's set our emotions aside for a second...they've been setting the stage for this...keep in mind there is no "Dinar For Dummies" manual. We don't have a book or guide that tells us every step Iraq has to do before the rate can change...So we have to look at what they do and what they say. Look at their actions to piece things together and then you have to make some opinion with that...their actions suggest there's not much more they can do before they change the rate...Iraq has to achieve stability before the power that be will elect Iraq to change the rate...the news articles are strongly suggesting and telling us that they're in forward progress to reach stability...the news looks very good...
9-18-2019 Intel Guru MarkZ [via PDK] I checked in with my WF connection for the WF private group...they are expecting emails out and you can also go to the bank website to check the 800 numbers if you are worried...hearing they are setting up a special page just for that. This way you all know the 800 numbers are legitimate and you are not being bamboozled...
9-18-2019 Newshound Guru Adam Montana Quick note about the drone attacks on the Saudis - OIL is a pivotal issue in the Iraqi Dinar rate. It's no surprise that the recent events caused a flurry of commotion in the Dinar world. Oil speculation went wild for a couple minutes (ok, days), but currently stabilized at $59...
9-18-2019 Newshound Guru chattels Article: "Parliament votes on a law and ends the reading and discussion of three bills..." Again, no parliamentary action on any important law(s), IMO. Quote: "...held under the chairmanship of Mohammed Halbousi and the presence of 175 deputies,..." Attendance is low. Little more than minimum quorum requirement. Parliament will adjourn until next Saturday...
9-18-2019 Newshound Guru Jeff ...After looking at all the news...looking at everything that's going on, I'm of the opinion that the rate change will not occur this week. But we look like we're still in a very good position...the thing is right now they're too quiet. They're not giving us any clues to what's going on...they could end this next week but it could roll into October...the signs and variables show that we are still very close...
9-18-2019 Intel Guru MarkZ [via PDK] I am feeling really good about where we are! I am hearing fantastic things from Europe...3 contacts there say they are expecting funding today and no later early tomorrow morning. ...I heard a rumor that today is the day and that yesterday was procedural...trying to verify this. ...No new rate in Iraq as of last night. ...I am still hearing they want everything done before the end of the month.
9-18-2019 Newshound Guru Vital Brad ...The CBI put out an article "The Central Bank holds a workshop in preparation for the classification of banks operating in Iraq internationally." ...Iraq again talking about being regulated on an international standard. All signs point to go. They would not be doing this if their currency wasn't gonna be reinstated...why would they be getting themselves in this case internationally standard ready if they weren't going international?...the stage is being set for the big show and things are looking better than ever. I've never seen things line up this well...
9-18-2019 Newshound Guru Breitling [When I got into the dinar]...they were not talking about getting it to a $1...But as the country developed...they were like, no, we're going to get it to $3.25. And even with the markets changing, Do I think they can get it to $3.25? If they can get into the markets in the west, yes, they can get it too $3.25. I don't see what would be able to stop them...will they? I don't know. But once they do start adding value to their currency remember they said they were going to put a new currency out at the same time that will both coexist equally and one currency would be phased out over a two year process. They will both gain value equally...this is coming from the CBI who have the authority to talk about this and implement that authority...
9-18-2019 Intel Guru MarkZ [via PDK] I checked in with my WF connection for the WF private group...they are expecting emails out and you can also go to the bank website to check the 800 numbers if you are worried...hearing they are setting up a special page just for that. This way you all know the 800 numbers are legitimate and you are not being bamboozled...
9-18-2019 Newshound Guru Adam Montana Quick note about the drone attacks on the Saudis - OIL is a pivotal issue in the Iraqi Dinar rate. It's no surprise that the recent events caused a flurry of commotion in the Dinar world. Oil speculation went wild for a couple minutes (ok, days), but currently stabilized at $59...
9-18-2019 Newshound Guru chattels Article: "Parliament votes on a law and ends the reading and discussion of three bills..." Again, no parliamentary action on any important law(s), IMO. Quote: "...held under the chairmanship of Mohammed Halbousi and the presence of 175 deputies,..." Attendance is low. Little more than minimum quorum requirement. Parliament will adjourn until next Saturday...
9-18-2019 Newshound Guru Jeff ...After looking at all the news...looking at everything that's going on, I'm of the opinion that the rate change will not occur this week. But we look like we're still in a very good position...the thing is right now they're too quiet. They're not giving us any clues to what's going on...they could end this next week but it could roll into October...the signs and variables show that we are still very close...
9-18-2019 Intel Guru MarkZ [via PDK] I am feeling really good about where we are! I am hearing fantastic things from Europe...3 contacts there say they are expecting funding today and no later early tomorrow morning. ...I heard a rumor that today is the day and that yesterday was procedural...trying to verify this. ...No new rate in Iraq as of last night. ...I am still hearing they want everything done before the end of the month.
9-18-2019 Newshound Guru Vital Brad ...The CBI put out an article "The Central Bank holds a workshop in preparation for the classification of banks operating in Iraq internationally." ...Iraq again talking about being regulated on an international standard. All signs point to go. They would not be doing this if their currency wasn't gonna be reinstated...why would they be getting themselves in this case internationally standard ready if they weren't going international?...the stage is being set for the big show and things are looking better than ever. I've never seen things line up this well...
9-18-2019 Newshound Guru Breitling [When I got into the dinar]...they were not talking about getting it to a $1...But as the country developed...they were like, no, we're going to get it to $3.25. And even with the markets changing, Do I think they can get it to $3.25? If they can get into the markets in the west, yes, they can get it too $3.25. I don't see what would be able to stop them...will they? I don't know. But once they do start adding value to their currency remember they said they were going to put a new currency out at the same time that will both coexist equally and one currency would be phased out over a two year process. They will both gain value equally...this is coming from the CBI who have the authority to talk about this and implement that authority...
9-17-2019 Intel Guru RayRen98 BANK PARKING LOTS FULL AND "LIT UP" AT 6 AM? WHUT DA HECK? LOL "SPECIAL" BANK APPOINTMENTS ARE STARTING TO SURFACE... HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME ...JUS SAYIN'. ... SOME OF YOU MIGHT BE UP LATE...OR ALL NIGHT? I GOTTA FEELIN' - THAT TONIGHT'S GONNA BE A GOOD, GOOD NIGHT!
9-17-2019 Newshound/Intel Guru Mnt Goat ...If everything goes as planned, then they move on to the “reinstatement”. This means reinstating the dinar back on the global currency exchanges and then it can be legally traded...Yes, its been a very long journey...The nice part about this final step is when it does occur this is when we get to go to the bank and exchange and not before. There is no premature exchanges scheduled for us internet investors... [post 2 of 2]
9-17-2019 Newshound/Intel Guru Mnt Goat ...I have to tell you without even a shadow of a doubt that I am 1000 % sure it will NOT happen this week. However, we are still within a very good window of opportunity to get the smaller of the smaller category notes launched and this part of the process underway. This does not mean we will be going to the bank this week. ...So, once they launch the smaller of the small categories, the next part of the process is to CHECK FOR INFLATION and wait to see what happens. I am told this could take 3 days, 3 weeks or even 3 months. The next step depends up the CBI and observing what happens next. [post 1 of 2....stay tuned]
9-17-2019 Intel Guru Frank26 My question is, Will they show the visual aids this week to the citizens? Yes IMO. Will they show them the new low category notes and fils this week? Yes. IMO I believe the seminars [Thursday] will be showing the visual aids...it's possible they may go into next week but I doubt it...
9-17-2019 Intel Guru MarkZ Everything is very quiet and its quiet on purpose…It’s the Treasury applying pressure to keep things this quiet. About the Iran/Saudi Arabia conflict…I am not concerned a bit about this. My personal opinion is that oil prices had been so low that we are seeing a staged event to raise oil prices to back the dinar and its new rate. At redemption centers…they did not work this weekend…but they are working now. Hearing from a couple contacts in Iraq that they are expecting a new rate tomorrow…on the street level...I believe everything is done but the roll out and paying people. And based on indicators I am seeing. I think we are watching the roll out right now…
9-17-2019 Newshound Guru Breitling With Iraq how does it work? They tell everybody what they want to do through Parliament, the Ministry of Planning, then they go to the Ministry of Finance and then they go to the CBI and the CBI manages it. That's how it works...what they said they want to do with the Iraqi currency has never changed. You should be very very happy...
9-17-2019 Newshound Guru chattels Article quote: "The central bank sells more than $ 243 million at a currency auction" The volume in sales of the dollar in Iraq continues to be relatively high. In Parliamentary action yesterday nothing important happened, IMO.
9-17-2019 Newshound/Intel Guru Mnt Goat ...If everything goes as planned, then they move on to the “reinstatement”. This means reinstating the dinar back on the global currency exchanges and then it can be legally traded...Yes, its been a very long journey...The nice part about this final step is when it does occur this is when we get to go to the bank and exchange and not before. There is no premature exchanges scheduled for us internet investors... [post 2 of 2]
9-17-2019 Newshound/Intel Guru Mnt Goat ...I have to tell you without even a shadow of a doubt that I am 1000 % sure it will NOT happen this week. However, we are still within a very good window of opportunity to get the smaller of the smaller category notes launched and this part of the process underway. This does not mean we will be going to the bank this week. ...So, once they launch the smaller of the small categories, the next part of the process is to CHECK FOR INFLATION and wait to see what happens. I am told this could take 3 days, 3 weeks or even 3 months. The next step depends up the CBI and observing what happens next. [post 1 of 2....stay tuned]
9-17-2019 Intel Guru Frank26 My question is, Will they show the visual aids this week to the citizens? Yes IMO. Will they show them the new low category notes and fils this week? Yes. IMO I believe the seminars [Thursday] will be showing the visual aids...it's possible they may go into next week but I doubt it...
9-17-2019 Intel Guru MarkZ Everything is very quiet and its quiet on purpose…It’s the Treasury applying pressure to keep things this quiet. About the Iran/Saudi Arabia conflict…I am not concerned a bit about this. My personal opinion is that oil prices had been so low that we are seeing a staged event to raise oil prices to back the dinar and its new rate. At redemption centers…they did not work this weekend…but they are working now. Hearing from a couple contacts in Iraq that they are expecting a new rate tomorrow…on the street level...I believe everything is done but the roll out and paying people. And based on indicators I am seeing. I think we are watching the roll out right now…
9-17-2019 Newshound Guru Breitling With Iraq how does it work? They tell everybody what they want to do through Parliament, the Ministry of Planning, then they go to the Ministry of Finance and then they go to the CBI and the CBI manages it. That's how it works...what they said they want to do with the Iraqi currency has never changed. You should be very very happy...
9-17-2019 Newshound Guru chattels Article quote: "The central bank sells more than $ 243 million at a currency auction" The volume in sales of the dollar in Iraq continues to be relatively high. In Parliamentary action yesterday nothing important happened, IMO.
9-16-2019 Newshound Guru Breitling Don't worry about what's happening with Saudi Arabia. Do not worry if we go to war with Iran...because we anticipated all this stuff we have a way to lower the price of oil...what's that mean for you and me? Iraq, they're gonna have to add value to their currency. They are not going to be making money selling energy. So you and I are sitting on their currency. Huge opportunity. I'm excited. I'm not kidding. It's a beautiful thing...It's coming down the road. [Post 2 of 2]
9-16-2019 Newshound Guru Breitling ...They [Russia] are putting out a report that it [oil] is probably going to be $26 a barrel in the year 2020...it's going to be low. What does that mean for you and me? It means Iraq is going to add value to their currency. It's not a hypothetical. They know. They have the most undervalued currency. What allows them to do that is the profits they're making selling energy in US dollars. But once that dries up they're not going to be sitting on a domestic currency at a tenth of a penny. It's not gonna happen. They're not China. They're not Vietnam. They don't have a labor force like that... [Post 1 of 2]
9-16-2019 Newshound Guru Adam Montana [...latest indicates with the attack on Saudi oil we may be seeing 100 a barrel soon. Based on what you are seeing and hearing will this move the RV closer or will the concerns for possible attacks on near by Iran and possible Saudi retaliation cause Iraq to pause and take a step back? Look into your crystal ball. LOL.] My crystal ball says anything that will guide oil to higher prices is potentially a good thing for Iraq's future. Obviously there's more to it than that, but the Crystal Ball tends to be a bit vague at times.
9-16-2019 Newshound Guru MilitiaMan Article: "China and the financial sector" Quote: "we must in fact have a banking system capable of managing this process, through the adoption of correspondent banks or the opening of branches of Chinese banks inside Iraq, as can The adoption of bilateral partnerships in the financial sector, the result of which banks are sober leading to the mutual benefit of the economies of the two countries." The above data supports that WS [Guru Walkingstick] is right and apparently on time. We were told about this PBs [Bilateral Partnerships ?] in the USA to be within two weeks back on 09/06/2019. Well two weeks from then is 09/20/2019 imo. Today [Sunday] is the 15th.. lol If they will arrive within five days it sure would seem they would have the international rate exposed prior to that time, imo... the pressure is on now and big time. imo! The most logical time is upon us. imo That is when the markets bare the least disruptions...imo!
9-16-2019 Intel Guru MarkZ I just wanted to touch quickly on the news we heard over the weekend... From many sources...There are a lot of folks flying into Reno last night and this morning in expectation. There is a lot of reports that the military has begun exchanging, however even though I have many contacts in military…and they say they havn’t exchanged yet...so consider it as “rumor”. We are hearing that Iraq is pulling the trigger this week and so we (the US?) are scrambling to be 100% out the door. I am very upbeat for the week.
9-16-2019 Intel Guru RayRen98 HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME...JUS SAYIN'. WE ARE PURSUING CONFIRMATION OF ALLEGED FINANCIAL CHANGES IN IRAQ...HOPEFULLY LATER THIS EVENING? TODAY "MIGHT NOT" BE "THE DAY" BUT I'M OPTIMISTIC FOR THIS WEEK TO BE "THE WEEK"...TIME WILL TELL
9-16-2019 Newshound Guru Jeff Article [Parliamentary Energy: The Presidency of Parliament addressed the government to send the oil and gas law to vote on it]. ...we are in close proximity to the rate change that is why since mid July the news has been flooded with articles talking about HCL and Article 140...But what I want to stress to you is these are post rate change laws...news has blown up and exploded with articles talking about HCL oil and gas law and Article 140 because Iraq is now positioned for these. We're right in front of the rate change...
9-16-2019 Newshound Guru Breitling ...They [Russia] are putting out a report that it [oil] is probably going to be $26 a barrel in the year 2020...it's going to be low. What does that mean for you and me? It means Iraq is going to add value to their currency. It's not a hypothetical. They know. They have the most undervalued currency. What allows them to do that is the profits they're making selling energy in US dollars. But once that dries up they're not going to be sitting on a domestic currency at a tenth of a penny. It's not gonna happen. They're not China. They're not Vietnam. They don't have a labor force like that... [Post 1 of 2]
9-16-2019 Newshound Guru Adam Montana [...latest indicates with the attack on Saudi oil we may be seeing 100 a barrel soon. Based on what you are seeing and hearing will this move the RV closer or will the concerns for possible attacks on near by Iran and possible Saudi retaliation cause Iraq to pause and take a step back? Look into your crystal ball. LOL.] My crystal ball says anything that will guide oil to higher prices is potentially a good thing for Iraq's future. Obviously there's more to it than that, but the Crystal Ball tends to be a bit vague at times.
9-16-2019 Newshound Guru MilitiaMan Article: "China and the financial sector" Quote: "we must in fact have a banking system capable of managing this process, through the adoption of correspondent banks or the opening of branches of Chinese banks inside Iraq, as can The adoption of bilateral partnerships in the financial sector, the result of which banks are sober leading to the mutual benefit of the economies of the two countries." The above data supports that WS [Guru Walkingstick] is right and apparently on time. We were told about this PBs [Bilateral Partnerships ?] in the USA to be within two weeks back on 09/06/2019. Well two weeks from then is 09/20/2019 imo. Today [Sunday] is the 15th.. lol If they will arrive within five days it sure would seem they would have the international rate exposed prior to that time, imo... the pressure is on now and big time. imo! The most logical time is upon us. imo That is when the markets bare the least disruptions...imo!
9-16-2019 Intel Guru MarkZ I just wanted to touch quickly on the news we heard over the weekend... From many sources...There are a lot of folks flying into Reno last night and this morning in expectation. There is a lot of reports that the military has begun exchanging, however even though I have many contacts in military…and they say they havn’t exchanged yet...so consider it as “rumor”. We are hearing that Iraq is pulling the trigger this week and so we (the US?) are scrambling to be 100% out the door. I am very upbeat for the week.
9-16-2019 Intel Guru RayRen98 HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME...JUS SAYIN'. WE ARE PURSUING CONFIRMATION OF ALLEGED FINANCIAL CHANGES IN IRAQ...HOPEFULLY LATER THIS EVENING? TODAY "MIGHT NOT" BE "THE DAY" BUT I'M OPTIMISTIC FOR THIS WEEK TO BE "THE WEEK"...TIME WILL TELL
9-16-2019 Newshound Guru Jeff Article [Parliamentary Energy: The Presidency of Parliament addressed the government to send the oil and gas law to vote on it]. ...we are in close proximity to the rate change that is why since mid July the news has been flooded with articles talking about HCL and Article 140...But what I want to stress to you is these are post rate change laws...news has blown up and exploded with articles talking about HCL oil and gas law and Article 140 because Iraq is now positioned for these. We're right in front of the rate change...
9-15-2019 Intel Guru Frank26 NEXT WEEK IRAQ WILL BE SIGNING MAJOR DEALS WITH COUNTRIES ALL OVER THE WORLD...SAMSUNG IS A BIG DEAL... SIGNING DEALS WITH CHINA ON 19TH OF SEPT, DRAMATIC POSITIVE EFFECTS, MAJOR DEALS...CHINA CANT GO IN THERE UNLESS THEY MAKE SOME ANNOUNCEMENTS... NEXT WEEK MORE TRAINING SEMINARS FOR THE PUBLIC/CITIZENS, BANK TELLERS IN IRAQ SAYING THAT... MAYBE THE INFO WE ARE LOOKING FOR...THEY TOLD THEM A FEW WEEKS AGO ABOUT THE COINS - THESE ARE A FOLLOW UP TO THAT.
9-15-2019 Intel/Newshound Guru sandyf We do know that floating the currency would take best part of a generation to produce any significant result. Thai baht, strongest currency of an emerging economy has taken about 15 years to almost double in value. So taking into account what we do know, any significant return can only come from the unknown and not from what people think they know. Time for a more open minded perspective. [post 2 of 2]
9-15-2019 Intel/Newshound Guru sandyf [nobody and I mean NO ONE knows what will happen or how this will be implemented.] Absolutely spot on and nobody is ever going to stop the speculation. What we do know however is what is not going to happen. There is not going to be a huge overnight RV, never been one in the past and not going to happen in the future. That myth was born from confusion between revaluation and redenomination. We do know how a redenomination would be implemented but that cannot happen overnight and is not going to happen any time soon. [post 1 of 2....stay tuned]
9-15-2019 Newshound Guru MilitiaMan Article: "Government source reveals program of Abdul-Mahdi's visit to China" Quote: "The economic and political circles in Baghdad are looking with optimism to the forthcoming visit of Prime Minister Adel Abdul Mahdi to China on September 19 for four days, and it is reported in some economic circles that the visit will lead to the signing of about 30 large memorandums of understanding between Baghdad and Beijing..." Sure looks like this is the opening of the doors.. Firstly before they all go live, Iraq will have an international medium of exchange!! Imo.
9-15-2019 Intel Guru Frank26 IMO I honestly don't think the Democratic Party wants the reinstatement of the Iraqi dinar...I don't know if they're doing anything to stop it cause they can't...I don't think the democrats want Donald Trump to bask in the glory of what's about to happen...They represent the United States of America. I want them to work in unity with the Republicans but the jealously is so vicious and it's so wicked IMO that it's causing this rip. This tear. And based on the things I "think" I know politically we're not being supported for this by the Democrats...
9-15-2019 Newshound Guru Kaperoni ...guru Frank26 likes to refer to a minister of planning document talking about a 1 to $1 exchange rate. But it never said it would get there overnight! And as I've already said on numerous occasions Iraq could never afford a significant RV of the dinar due to the fact that there is in excess 42 trillion dinar in circulation. If the minister of planning was talking about an overnight event, it would have to be a LOP. The only thing that we should be hoping for is a gradual appreciation as stated by the IMF. Such an event like this would allow the money supply to be reduced as the currency appreciated.
9-15-2019 Intel/Newshound Guru sandyf We do know that floating the currency would take best part of a generation to produce any significant result. Thai baht, strongest currency of an emerging economy has taken about 15 years to almost double in value. So taking into account what we do know, any significant return can only come from the unknown and not from what people think they know. Time for a more open minded perspective. [post 2 of 2]
9-15-2019 Intel/Newshound Guru sandyf [nobody and I mean NO ONE knows what will happen or how this will be implemented.] Absolutely spot on and nobody is ever going to stop the speculation. What we do know however is what is not going to happen. There is not going to be a huge overnight RV, never been one in the past and not going to happen in the future. That myth was born from confusion between revaluation and redenomination. We do know how a redenomination would be implemented but that cannot happen overnight and is not going to happen any time soon. [post 1 of 2....stay tuned]
9-15-2019 Newshound Guru MilitiaMan Article: "Government source reveals program of Abdul-Mahdi's visit to China" Quote: "The economic and political circles in Baghdad are looking with optimism to the forthcoming visit of Prime Minister Adel Abdul Mahdi to China on September 19 for four days, and it is reported in some economic circles that the visit will lead to the signing of about 30 large memorandums of understanding between Baghdad and Beijing..." Sure looks like this is the opening of the doors.. Firstly before they all go live, Iraq will have an international medium of exchange!! Imo.
9-15-2019 Intel Guru Frank26 IMO I honestly don't think the Democratic Party wants the reinstatement of the Iraqi dinar...I don't know if they're doing anything to stop it cause they can't...I don't think the democrats want Donald Trump to bask in the glory of what's about to happen...They represent the United States of America. I want them to work in unity with the Republicans but the jealously is so vicious and it's so wicked IMO that it's causing this rip. This tear. And based on the things I "think" I know politically we're not being supported for this by the Democrats...
9-15-2019 Newshound Guru Kaperoni ...guru Frank26 likes to refer to a minister of planning document talking about a 1 to $1 exchange rate. But it never said it would get there overnight! And as I've already said on numerous occasions Iraq could never afford a significant RV of the dinar due to the fact that there is in excess 42 trillion dinar in circulation. If the minister of planning was talking about an overnight event, it would have to be a LOP. The only thing that we should be hoping for is a gradual appreciation as stated by the IMF. Such an event like this would allow the money supply to be reduced as the currency appreciated.
9-14-2019 Intel Guru Frank26 ...I will tell you this with confidence, the visual aids of the new small category notes and fils are coming out this month of September. The visual aids are coming out this month. ...a little while after the visual aids IMO they will lift the three zeros and a little bit after they lift the three zeros they'll introduce the new small category notes or at the same time when they lift it they will do it all together...the moment you see the visual aids is the moment I say goodbye...
9-14-2019 Newshound Guru chattels Article quotes: "Iraqi Oil Minister: Kurdistan produces half a million barrels of oil a day & none of its benefits go to the Federal Government. However, we are close to reaching an agreement with Erbil."; "The Ghadhban said that "optimistic to reach an agreement between the two sides,"stressing "We and the Kurdistan region in one ship, and we should reach an agreement." One question is whether the optimism expressed by Baghdad is shared by Kurdistan. Another question is whether the "agreement" is budgetary and for one year or is it a permanent agreement equating to the long awaited HydroCarbon Agreement. Any permanent HydroCarbon Ageement will likely require amendment / clarification constitutionally. ...a budget law agreement, if fully performed/honored by both sides, could be a good beginning.
9-14-2019 Newshound/Intel Guru BGG I beg to differ with Breitling’s synopsis as to why brokers are willing to “pay a lot more” than they used to – to buy Dinar back. It’s because THEY HAVE TO...The real reason they are paying more – isn’t that they are “willing to”…It’s that they HAVE TO. If they don’t – they won’t get any and they won’t be able to compete. It is just that simple – economics in action. [reference Guru Breitling post 9-11-2019]
9-14-2019 Newshound Guru Jeff article on this morning's session of Parliament - they did not get anything done that was important...a few days ago I posted another article where they said they were going to try to resolve the Education Minster during the first FEW legislative sessions of Parliament...what we're waiting on right now guys is for them to finish the formation of the government by putting the Education Minister in place. IMO they'll probably do it next Saturday the 21st...
9-14-2019 Intel Guru Frank26 ...the Central Bank of Iraq said that their intentions are to come out 1 to 1 internally in their country. With that said we have a foundation...Do these guys have a date? Or are they waiting for something? IMO they have a date. It's been kicked around like a tin can down the street at least 3 times that my teams know of. I pray to God that whatever date they have selected for the reinstatement does not get influenced...
9-14-2019 Newshound Guru chattels Article quotes: "Iraqi Oil Minister: Kurdistan produces half a million barrels of oil a day & none of its benefits go to the Federal Government. However, we are close to reaching an agreement with Erbil."; "The Ghadhban said that "optimistic to reach an agreement between the two sides,"stressing "We and the Kurdistan region in one ship, and we should reach an agreement." One question is whether the optimism expressed by Baghdad is shared by Kurdistan. Another question is whether the "agreement" is budgetary and for one year or is it a permanent agreement equating to the long awaited HydroCarbon Agreement. Any permanent HydroCarbon Ageement will likely require amendment / clarification constitutionally. ...a budget law agreement, if fully performed/honored by both sides, could be a good beginning.
9-14-2019 Newshound/Intel Guru BGG I beg to differ with Breitling’s synopsis as to why brokers are willing to “pay a lot more” than they used to – to buy Dinar back. It’s because THEY HAVE TO...The real reason they are paying more – isn’t that they are “willing to”…It’s that they HAVE TO. If they don’t – they won’t get any and they won’t be able to compete. It is just that simple – economics in action. [reference Guru Breitling post 9-11-2019]
9-14-2019 Newshound Guru Jeff article on this morning's session of Parliament - they did not get anything done that was important...a few days ago I posted another article where they said they were going to try to resolve the Education Minster during the first FEW legislative sessions of Parliament...what we're waiting on right now guys is for them to finish the formation of the government by putting the Education Minister in place. IMO they'll probably do it next Saturday the 21st...
9-14-2019 Intel Guru Frank26 ...the Central Bank of Iraq said that their intentions are to come out 1 to 1 internally in their country. With that said we have a foundation...Do these guys have a date? Or are they waiting for something? IMO they have a date. It's been kicked around like a tin can down the street at least 3 times that my teams know of. I pray to God that whatever date they have selected for the reinstatement does not get influenced...
9-13-2019 Intel Guru Frank26 ...their pattern is always to wait till the last second to do something. But between now and the last week of September IMO is a good window to do what they showed them in the visual aids. It's no secret. The CBI is telling the citizens we're giving you purchasing power. The citizens know it. You know it. It's no secret...everything is on course. We're alright...
9-13-2019 Newshound Guru Kaperoni I can say with certainty there will be no introduction of small denominations because that's just not how monetary policy works there is no RV or RI. If the dinar goes up in value gradually as we expect any transition to any smaller denomination or notes would be seamless with little fanfare. If Parliament were to pass a law to redenominate the currency (LOP) then I could see the introduction of a package of small notes and displayed in advance of their implementation.
9-13-2019 Intel Guru MarkZ [via PDK] I hear everything is totally positioned…We are not waiting for anything else…nothing else to do…we are right on top of it...Just need the trigger to be pulled by whoever says “start or go”...
9-13-2019 Newshound Guru Jeff ...IMO tomorrow you will not see any information about the VP's in Iraq...I have some very strong confirming factual information I just received from the Iraq government directly. I will share this with you when I see the one article I'm looking for...there is only one remaining position. It is only the Education Minister. It shows that they have done away with the Vice Presidents. Those positions have been eliminated...The only position we are waiting on is just the Education Minister. IMO they are going to complete that position on Saturday the 21st. When I see news articles telling you that I will share my factual information that I have on how I received it directly from the Iraqi Government...
9-13-2019 Intel Guru Bruce Confirmation from Bank sources Dinar on the screens live at over $6.50...Dinar is international... ...We are supposed to get started tomorrow [Friday]. Obviously we don't go anywhere until we get our toll free numbers. We don't get started until we get appointments. Our understanding is we should get numbers in the morning and get setting appointments and doing our exchanges supposedly tomorrow [Friday]. We'll see...we've had close calls before.
9-13-2019 Newshound/Intel Guru Mnt Goat Simply put when the time comes the IMF will put the IQD in an SDR basket of currencies including the Yen, Yuan, Pound, Euro, USD and then the IQD. ...What does this do? It creates stability in the marketplace since, if one currency gets too shaky, the others will back it up and support it... How does putting the IQD in this SDR basket effect our exchange? Since the IMF will have to now weight the IQD along with the assets from these other 5 currencies in the basket, it will cause a re-calculation of the IQD rate and drive it higher like the pre-1991 rate plus equity. This is what will be the driving force behind getting more than a 1:1 after deleting the zeros. ...This is what will justify it.
9-13-2019 Intel Guru MarkZ The big news is Maliki- Iraqs former PM getting caught with hundreds of Billions in US dollars…wow…I take the story about Maliki stealing Billions is a very good thing….Rats deserting a ship before it sets sail. I think this is big news
9-13-2019 Newshound Guru Kaperoni I can say with certainty there will be no introduction of small denominations because that's just not how monetary policy works there is no RV or RI. If the dinar goes up in value gradually as we expect any transition to any smaller denomination or notes would be seamless with little fanfare. If Parliament were to pass a law to redenominate the currency (LOP) then I could see the introduction of a package of small notes and displayed in advance of their implementation.
9-13-2019 Intel Guru MarkZ [via PDK] I hear everything is totally positioned…We are not waiting for anything else…nothing else to do…we are right on top of it...Just need the trigger to be pulled by whoever says “start or go”...
9-13-2019 Newshound Guru Jeff ...IMO tomorrow you will not see any information about the VP's in Iraq...I have some very strong confirming factual information I just received from the Iraq government directly. I will share this with you when I see the one article I'm looking for...there is only one remaining position. It is only the Education Minister. It shows that they have done away with the Vice Presidents. Those positions have been eliminated...The only position we are waiting on is just the Education Minister. IMO they are going to complete that position on Saturday the 21st. When I see news articles telling you that I will share my factual information that I have on how I received it directly from the Iraqi Government...
9-13-2019 Intel Guru Bruce Confirmation from Bank sources Dinar on the screens live at over $6.50...Dinar is international... ...We are supposed to get started tomorrow [Friday]. Obviously we don't go anywhere until we get our toll free numbers. We don't get started until we get appointments. Our understanding is we should get numbers in the morning and get setting appointments and doing our exchanges supposedly tomorrow [Friday]. We'll see...we've had close calls before.
9-13-2019 Newshound/Intel Guru Mnt Goat Simply put when the time comes the IMF will put the IQD in an SDR basket of currencies including the Yen, Yuan, Pound, Euro, USD and then the IQD. ...What does this do? It creates stability in the marketplace since, if one currency gets too shaky, the others will back it up and support it... How does putting the IQD in this SDR basket effect our exchange? Since the IMF will have to now weight the IQD along with the assets from these other 5 currencies in the basket, it will cause a re-calculation of the IQD rate and drive it higher like the pre-1991 rate plus equity. This is what will be the driving force behind getting more than a 1:1 after deleting the zeros. ...This is what will justify it.
9-13-2019 Intel Guru MarkZ The big news is Maliki- Iraqs former PM getting caught with hundreds of Billions in US dollars…wow…I take the story about Maliki stealing Billions is a very good thing….Rats deserting a ship before it sets sail. I think this is big news
9-12-2019 Newshound Guru Adam Montana It's been some time since this came up in the news, but I believe it was about 5 months ago I made mention of Saudi Arabia working on playing nice with Iraq again... and what they have to gain by doing so. Saudi Arabia couldn't be bothered to give Iraq the time of day 10 years ago... now, they are changing their tune: [Article] "Iraq-Saudi border crossing to reopen after nearly 30 years". ...WTI OIL is currently at 54.94... Other news that's positive - CBI, IMF, GOI are all active. We are not in one of those vacation-day lulls. Overall, it looks like things should start moving... right in time to hit a mid-September spurt.
9-12-2019 Newshound Guru Jeff [Article: Saleh and Abdul Mahdi discuss developments in the political situation and the implementation of the government program] ...the "government program" is everything that exists after the rate change. It's the period after the rate change that gives the citizens a better life. So that's why they're talking about implementing the "government program" now or soon because that's the period after the rate change...
9-12-2019 Intel Guru MarkZ I am hearing we are in a 72 hour window that started yesterday...so we should have 48 hours left if true…but it could go at any time in that 48 hours…no one will ever know the exact time. …it may be slowed a bit…but its still moving.
9-12-2019 Intel Guru Frank26 ...they are now ready to show them pictures of the new small category notes...IMO the CBI is being very cautious. They have to be very careful. Fractional banking is of great concern to the CBI because they do not want this reinstatement to fail with the citizens. They are not going to come out with the coins like we've been telling you. But they are talking about the fils. The citizens need to understand what the fils are about...each dinar is worth 1000 fils...so let's not worry about the coins...
9-12-2019 Newshound/Intel Guru Mnt Goat ...We know that the Financial Management Law was written and passed in parliament in order for parliament through the financial committee to take charge of the monetary reforms and force the CBI to perform their job. Up to this point the CBI had excuse after excuse as to why it could not proceed. We read about all the corruption in the CBI. We heard about the necessity to replace all the proxy positions with permanent positions. Then we watched it happen. The announcement came out about the replace of the director of the CBI and he was supposed to take his position in early September. ...Yes, we still expect the formal announcement of the new Governor of the CBI any day now...
9-12-2019 Newshound Guru Kathy Article: "Maliki denies allegations of smuggling Iraqi treasury money" Quote: "The security authorities at Dubai airport seize a shipment of funds full of dollars stolen from the treasury of Iraq, estimated at hundreds of billions of dollars on a private Iraqi plane belonging to Nuri al-Maliki, which was intended to be smuggled to a European country "This money is equivalent to the budget of 10 Arab countries for five years." Equal to 10 Arab countries budgets for five years! Holy Cow!
9-12-2019 Newshound Guru Jeff [Article: Saleh and Abdul Mahdi discuss developments in the political situation and the implementation of the government program] ...the "government program" is everything that exists after the rate change. It's the period after the rate change that gives the citizens a better life. So that's why they're talking about implementing the "government program" now or soon because that's the period after the rate change...
9-12-2019 Intel Guru MarkZ I am hearing we are in a 72 hour window that started yesterday...so we should have 48 hours left if true…but it could go at any time in that 48 hours…no one will ever know the exact time. …it may be slowed a bit…but its still moving.
9-12-2019 Intel Guru Frank26 ...they are now ready to show them pictures of the new small category notes...IMO the CBI is being very cautious. They have to be very careful. Fractional banking is of great concern to the CBI because they do not want this reinstatement to fail with the citizens. They are not going to come out with the coins like we've been telling you. But they are talking about the fils. The citizens need to understand what the fils are about...each dinar is worth 1000 fils...so let's not worry about the coins...
9-12-2019 Newshound/Intel Guru Mnt Goat ...We know that the Financial Management Law was written and passed in parliament in order for parliament through the financial committee to take charge of the monetary reforms and force the CBI to perform their job. Up to this point the CBI had excuse after excuse as to why it could not proceed. We read about all the corruption in the CBI. We heard about the necessity to replace all the proxy positions with permanent positions. Then we watched it happen. The announcement came out about the replace of the director of the CBI and he was supposed to take his position in early September. ...Yes, we still expect the formal announcement of the new Governor of the CBI any day now...
9-12-2019 Newshound Guru Kathy Article: "Maliki denies allegations of smuggling Iraqi treasury money" Quote: "The security authorities at Dubai airport seize a shipment of funds full of dollars stolen from the treasury of Iraq, estimated at hundreds of billions of dollars on a private Iraqi plane belonging to Nuri al-Maliki, which was intended to be smuggled to a European country "This money is equivalent to the budget of 10 Arab countries for five years." Equal to 10 Arab countries budgets for five years! Holy Cow!
9-11-2019 Newshound Guru Frank26 ...there was an incident...Billions, I mean BILLIONS of [US] dollars were stolen...the United Arab Emirates says that the security authorities at Dubai International Airport reported intercepted a shipment containing a massive quantity of American dollar bank notes. The officials searched a private plane belonging to...wait for it... former Prime Minister Nouri al-Maliki...
9-11-2019 Newshound/Intel Guru Mnt Goat Article: "CENTRAL BANK OF IRAQ HAS BEGUN STEPS TO JOIN THE OFFICIAL FORUM OF MONETARY AND FINANCIAL INSTITUTIONS (OMFIF)" Quote: "...(OMFIF), an independent global think tank for central banks, pension funds and financial institutions with investment assets worth $36.2 trillion." Article: "SUITABLE CONDITIONS FOR THE WORK OF INTERNATIONAL COMPANIES AND ENCOURAGE FOREIGN INVESTMENTS" What? And you think they are postponing the project to delete the zeros again? Give me a break!
9-11-2019 Newshound Guru Breitling Why are [brokers] willing to pay a lot more than they used to to buy your dinar back? They're selling it to these guys [large currency investors] that's why. It's that simple...It's hard getting money out of Iraq. It's not easy. It would come from Iraq to Jordan to the United States. And from the banking industry in the United States it went from the [CBI] auction floor to Bank of America to Chase Bank. And that's where I bought my currency - Chase Bank. So that's a couple routes on how that currency gets here. But it's dried up. That system doesn't work anymore. So there isn't as much dinar in the market...
9-11-2019 Intel Guru MarkZ I am still hearing very good things today. Reno has gone very quiet...People are being put under NDA’s We are told. Today is still looking very positive... Will it be a numbers day? I am staying home today watching everything closely...Just be prepared in case…
9-11-2019 Newshound/Intel Guru Mnt Goat ...So we know the Finance Committee has made the effort to tell us in the past weeks, with a barrage of articles that they were considering going ahead (and will probably go head) with the project. I also know that they are now re-educating of the citizens via billboards and televised broadcast on the how the project to delete the zeros will work...Iraq CAN NOT go much longer without the reinstatement and the launching of the smaller category notes. Today we have three (3) other articles telling us they are connecting with international organizations for the purpose of doing business with the international world... [post 2 of 2]
9-11-2019 Newshound/Intel Guru Mnt Goat Article: "A STUDY TO DELETE ZEROS FROM THE NATIONAL CURRENCY" IS THE PROJECT TO DELETE THE ZEROS POSTPONED AGAIN? This article led us to believe that in fact it has been postponed again. Is this true? ...This article ...is NOT telling us they are postponing again the project to delete the zeros. What gets lost in the translation from Arabic to English is they are telling us in the past this is what happened and why it was postponed... [post 1 of 2....stay tuned]
9-11-2019 Newshound Guru Jeff ...clear back in July....I said IMO our next window for the possibility of the rate changing would be over the weekend of September 21st/22nd. As you see all the factual information is walking you up to that point..most of the other gurus are just now catching up with us...we're looking amazing...In my opinion I think we have about another week and a half left in this...
9-11-2019 Newshound Guru future [ It is quite simple really! Either Iraq will add value to their currency or they will not ! And to what degree it will be . Every currency has potential to fluctuate up or down ...] well from news articles they have said they will reinstate or bring their dinar back to the glory days...when? is the biggest ?.
9-11-2019 Newshound/Intel Guru Mnt Goat Article: "CENTRAL BANK OF IRAQ HAS BEGUN STEPS TO JOIN THE OFFICIAL FORUM OF MONETARY AND FINANCIAL INSTITUTIONS (OMFIF)" Quote: "...(OMFIF), an independent global think tank for central banks, pension funds and financial institutions with investment assets worth $36.2 trillion." Article: "SUITABLE CONDITIONS FOR THE WORK OF INTERNATIONAL COMPANIES AND ENCOURAGE FOREIGN INVESTMENTS" What? And you think they are postponing the project to delete the zeros again? Give me a break!
9-11-2019 Newshound Guru Breitling Why are [brokers] willing to pay a lot more than they used to to buy your dinar back? They're selling it to these guys [large currency investors] that's why. It's that simple...It's hard getting money out of Iraq. It's not easy. It would come from Iraq to Jordan to the United States. And from the banking industry in the United States it went from the [CBI] auction floor to Bank of America to Chase Bank. And that's where I bought my currency - Chase Bank. So that's a couple routes on how that currency gets here. But it's dried up. That system doesn't work anymore. So there isn't as much dinar in the market...
9-11-2019 Intel Guru MarkZ I am still hearing very good things today. Reno has gone very quiet...People are being put under NDA’s We are told. Today is still looking very positive... Will it be a numbers day? I am staying home today watching everything closely...Just be prepared in case…
9-11-2019 Newshound/Intel Guru Mnt Goat ...So we know the Finance Committee has made the effort to tell us in the past weeks, with a barrage of articles that they were considering going ahead (and will probably go head) with the project. I also know that they are now re-educating of the citizens via billboards and televised broadcast on the how the project to delete the zeros will work...Iraq CAN NOT go much longer without the reinstatement and the launching of the smaller category notes. Today we have three (3) other articles telling us they are connecting with international organizations for the purpose of doing business with the international world... [post 2 of 2]
9-11-2019 Newshound/Intel Guru Mnt Goat Article: "A STUDY TO DELETE ZEROS FROM THE NATIONAL CURRENCY" IS THE PROJECT TO DELETE THE ZEROS POSTPONED AGAIN? This article led us to believe that in fact it has been postponed again. Is this true? ...This article ...is NOT telling us they are postponing again the project to delete the zeros. What gets lost in the translation from Arabic to English is they are telling us in the past this is what happened and why it was postponed... [post 1 of 2....stay tuned]
9-11-2019 Newshound Guru Jeff ...clear back in July....I said IMO our next window for the possibility of the rate changing would be over the weekend of September 21st/22nd. As you see all the factual information is walking you up to that point..most of the other gurus are just now catching up with us...we're looking amazing...In my opinion I think we have about another week and a half left in this...
9-11-2019 Newshound Guru future [ It is quite simple really! Either Iraq will add value to their currency or they will not ! And to what degree it will be . Every currency has potential to fluctuate up or down ...] well from news articles they have said they will reinstate or bring their dinar back to the glory days...when? is the biggest ?.
9-10-2019 Newshound/Intel Guru BGG Article: "Central Bank announces strategic banking projects for the next five years" Quote: "...the success of the Central Bank’s policy in achieving an important transition to the Iraqi economy and achieve stability in the exchange rate and the recovery of the Iraqi dinar and raise its purchasing power, one of the objectives of strengthening the economy..." CBI MAKES BIG BIG ANNOUNCEMENT… GETTING READY FOR THE “RECOVERY” OF THE DINAR TO IT’S FORMER WEALTH!!
9-10-2019 Newshound Guru Breitling Why do you feel so good about what's going on? It's because the people who put this together they're moving this forward - that's why. The language that they used at the beginning, 'We are going to start adding value to our currency and we want to participate in certain markets.' You're watching it literally happen before your very eyes...
9-10-2019 Intel Guru Frank ...the introduction of the description and pictures of the new small category notes and the coins, which in reality are called visual aids (there will be videos too)...IMO...will be be out before the end of this month of September...Part II: ...the satellite private banks information that they would be opening in the next two weeks: We got this information from our teams that were at the meetings with the CBI and approximated two weeks. That would still leave us 1 week left in the month of September...the description [of small notes & coins] is coming out IMO in two weeks. After that if they raise the value they can put the small category notes and coins in the hands of the citizens and they can open the 'satellite' banks...the three things need to come together...1, 2, 3...
9-10-2019 Intel Guru MarkZ I’m actually feeling confident we are going to see something this week. I am more optimistic today then I have been in a long time. …Exchanges have already occurred and the holds will be removed and they will be able to spend what they see. My contacts in Iraq are really expecting new rates to start rolling out overnight tonight and continue for the next 2weeks. I am pretty excited. [Is dong still in the first basket? Have you heard any rates lately?] I hear it is definitely in the first basket. Hearing Dinar $3.91 up to $4.41 is possible...
9-10-2019 Newshound Guru Kaperoni ...there have been many discussions about a float over the years from the CBI, and economic experts in Iraq...Floating the currency is not some arbitrary or random event it precedes pressure created on their financial system otherwise the repercussions could be bad for the country...if significant investment is going to come into Iraq as expected it's going to create pressure. There has to be a mechanism in place just prior to relieve that pressure. That mechanism is a float...If you do not have a mechanism in place, the monetary stability in the country will be thrown completely out of whack. And the CBI could lose control over the currency as inflation skyrockets as a result...precautions need to be in place and tools are used to maintain the stability
9-10-2019 Newshound Guru Jeff I feel the formation of the government is secretly done. Just waiting to be announced. It has to be announced no matter what...the definite ones that have to be fulfilled right now are the Education Minister and the three remaining Vice Presidents...which they're doing this coming Saturday is what they've told us in the latest news...
9-10-2019 Newshound/Intel Guru Mnt Goat We are now hearing yet more international organizations getting involved with Iraq. Even the oil minister has stated Iraq is ripe for international investors. Really? Now even China...is stepping up and announces its willingness to invest in Iraq. This could lead to an economic revolution within Iraq. How can they survive and transfer funds to and from Iraq with this currency auction still in place? Do they want to mess with these 3 zeros? Don’t they want a normalized and simplified currency denominations to work with? The answers are Yes and Yes and they have already told Iraq this is the case. This is why the finance committee is pushing the CBI to complete the project to delete the zeros.
9-10-2019 Intel Guru MarkZ [via PDK] ...do not have an update out of Iraq...yet [...if we are to be liquid on Wed. when should we have 800#s?] i hate to even say, but I am hearing late Tuesday Night. [Tomorrow (Tuesday) is a holiday in Iraq] ...they can and could pull the trigger on a holiday. [Can Iraq raise their rate internationally without the global revalue or does it have to go all at once?] Iraq signed on with the Gold treaty so internationally it will all go [at] once.
9-10-2019 Newshound Guru Breitling Why do you feel so good about what's going on? It's because the people who put this together they're moving this forward - that's why. The language that they used at the beginning, 'We are going to start adding value to our currency and we want to participate in certain markets.' You're watching it literally happen before your very eyes...
9-10-2019 Intel Guru Frank ...the introduction of the description and pictures of the new small category notes and the coins, which in reality are called visual aids (there will be videos too)...IMO...will be be out before the end of this month of September...Part II: ...the satellite private banks information that they would be opening in the next two weeks: We got this information from our teams that were at the meetings with the CBI and approximated two weeks. That would still leave us 1 week left in the month of September...the description [of small notes & coins] is coming out IMO in two weeks. After that if they raise the value they can put the small category notes and coins in the hands of the citizens and they can open the 'satellite' banks...the three things need to come together...1, 2, 3...
9-10-2019 Intel Guru MarkZ I’m actually feeling confident we are going to see something this week. I am more optimistic today then I have been in a long time. …Exchanges have already occurred and the holds will be removed and they will be able to spend what they see. My contacts in Iraq are really expecting new rates to start rolling out overnight tonight and continue for the next 2weeks. I am pretty excited. [Is dong still in the first basket? Have you heard any rates lately?] I hear it is definitely in the first basket. Hearing Dinar $3.91 up to $4.41 is possible...
9-10-2019 Newshound Guru Kaperoni ...there have been many discussions about a float over the years from the CBI, and economic experts in Iraq...Floating the currency is not some arbitrary or random event it precedes pressure created on their financial system otherwise the repercussions could be bad for the country...if significant investment is going to come into Iraq as expected it's going to create pressure. There has to be a mechanism in place just prior to relieve that pressure. That mechanism is a float...If you do not have a mechanism in place, the monetary stability in the country will be thrown completely out of whack. And the CBI could lose control over the currency as inflation skyrockets as a result...precautions need to be in place and tools are used to maintain the stability
9-10-2019 Newshound Guru Jeff I feel the formation of the government is secretly done. Just waiting to be announced. It has to be announced no matter what...the definite ones that have to be fulfilled right now are the Education Minister and the three remaining Vice Presidents...which they're doing this coming Saturday is what they've told us in the latest news...
9-10-2019 Newshound/Intel Guru Mnt Goat We are now hearing yet more international organizations getting involved with Iraq. Even the oil minister has stated Iraq is ripe for international investors. Really? Now even China...is stepping up and announces its willingness to invest in Iraq. This could lead to an economic revolution within Iraq. How can they survive and transfer funds to and from Iraq with this currency auction still in place? Do they want to mess with these 3 zeros? Don’t they want a normalized and simplified currency denominations to work with? The answers are Yes and Yes and they have already told Iraq this is the case. This is why the finance committee is pushing the CBI to complete the project to delete the zeros.
9-10-2019 Intel Guru MarkZ [via PDK] ...do not have an update out of Iraq...yet [...if we are to be liquid on Wed. when should we have 800#s?] i hate to even say, but I am hearing late Tuesday Night. [Tomorrow (Tuesday) is a holiday in Iraq] ...they can and could pull the trigger on a holiday. [Can Iraq raise their rate internationally without the global revalue or does it have to go all at once?] Iraq signed on with the Gold treaty so internationally it will all go [at] once.
9-9-2019 Intel Guru Frank26 I said on Friday we believe mainland states (if not all, a good percentage of them) will have private banks that have signed agreements with the CBI to represent them and to be linked with them...when we enter the 4th week of this month my teams and I are really really going to be looking for and focused on these private banks. We believe the CBI will tell you before them. They've already told the citizens. We believe the rate will have to go up before they even open those obviously...Iraq is about too say 'yeah, we'll play fair with our currency'...
9-9-2019 Newshound Guru Kaperoni I have always said the pace of the appreciation on a float is based on how fast investment comes into the country. The faster investors bring money through the cbi's capital account to invest in rebuilding, etc. The more pressure it creates causing the CBI to allow the currency to appreciate. So it could make a big move in a relatively short period of time? Of course...That is what the balassa -Samuelson effect is...the directive from the IMF to float the currency is the safest and best solution for all of us to see the currency go up in value because a RV of any significant amount is not possible...a float is the only reasonable solution as requested by the IMF in 2013 as part of the Article IV Consultation...I wouldn't be in it if I believed in a LOP. But I do believe that anything other than a float is unrealistic at this point...
[Refernece Guru Chattels post below]
9-9-2019 Newshound Guru chattels Sounds as if they may require two lifetimes for the dinar to appreciate in the manner argued by [Guru] Kaperoni, but maybe that is our reality? [Reference Guru Kaperoni post from 9-9-2019 below.]
9-9-2019 Newshound/Intel Guru Mnt Goat What about getting HCL and article 140 completed? The HCL is already completed and has been passed since 2018, but not yet implemented fully and that is the problem. This too must be implemented and not just a law on paper. ...Iraq is NOT going to get back their global currency...unless they implement their constitution “fully”...There are two main areas of concern- Article 140 and HCL. Some say also judicial reform but this is also already underway...Many also say that the Iranian influence must be gone out of Iraq...As long as they are in Iraq the US will keep a military presence in Iraq. I do not believe this is going to stop the reinstatement. If it was, they would not have progressed to this point of launching the smaller, smaller category notes and coins.
9-9-2019 Newshound Guru Jeff All we need is a VP to finish the formation of the government? They have multiple positions to fill, Education, VP's, possible a few special grades. They'll need a few weeks to complete it...next session 9/14.
9-9-2019 Intel Guru MarkZ I am still stunned and surprised that we havn’t see it last week. I am hearing from my contacts in Iraq that they are starting a 2 week roll out starting tomorrow….including coins, lower denominations ect…I know many of you are concerned with rumors from other intel providers about lops ect…dont be. A Lop doesn’t even make sense…it won’t fix anything in Iraq...
9-9-2019 Newshound Guru Jeff ...squashing his [Guru Kaperoni's] entire theory of, 'oh, they have to float it because they have 74 trillion in circulation'...CBI already came out and said they're gonna pull that large amount out of circulation when the rate changes. Because most of that 74 trillion is outside of Iraq held by investors in other countries and the CBI does not give two craps about it...
9-9-2019 Newshound Guru Kaperoni ...dinar rates...in excess of $3...not possible. Iraq could never afford any such RV/RI. The only scenario where I could see such a thing is if they LOP first. I've already stated I don't believe that Iraq would LOP. That being said, the only thing they can do is raise the value gradually over time as I've discussed many times via a float. The reason why I say they will float is 1. the IMF specifically gave such a directive, 2. Iraq can't afford any other increase in value with so much currency in circulation, 3. have to reduce the currency which can't occur until after the value starts to rise. So we'll just have to wait and see how the next several months play out. But I know one thing if they're going to raise the value it's going to have to occur gradually...
9-9-2019 Newshound Guru Kaperoni I have always said the pace of the appreciation on a float is based on how fast investment comes into the country. The faster investors bring money through the cbi's capital account to invest in rebuilding, etc. The more pressure it creates causing the CBI to allow the currency to appreciate. So it could make a big move in a relatively short period of time? Of course...That is what the balassa -Samuelson effect is...the directive from the IMF to float the currency is the safest and best solution for all of us to see the currency go up in value because a RV of any significant amount is not possible...a float is the only reasonable solution as requested by the IMF in 2013 as part of the Article IV Consultation...I wouldn't be in it if I believed in a LOP. But I do believe that anything other than a float is unrealistic at this point...
[Refernece Guru Chattels post below]
9-9-2019 Newshound Guru chattels Sounds as if they may require two lifetimes for the dinar to appreciate in the manner argued by [Guru] Kaperoni, but maybe that is our reality? [Reference Guru Kaperoni post from 9-9-2019 below.]
9-9-2019 Newshound/Intel Guru Mnt Goat What about getting HCL and article 140 completed? The HCL is already completed and has been passed since 2018, but not yet implemented fully and that is the problem. This too must be implemented and not just a law on paper. ...Iraq is NOT going to get back their global currency...unless they implement their constitution “fully”...There are two main areas of concern- Article 140 and HCL. Some say also judicial reform but this is also already underway...Many also say that the Iranian influence must be gone out of Iraq...As long as they are in Iraq the US will keep a military presence in Iraq. I do not believe this is going to stop the reinstatement. If it was, they would not have progressed to this point of launching the smaller, smaller category notes and coins.
9-9-2019 Newshound Guru Jeff All we need is a VP to finish the formation of the government? They have multiple positions to fill, Education, VP's, possible a few special grades. They'll need a few weeks to complete it...next session 9/14.
9-9-2019 Intel Guru MarkZ I am still stunned and surprised that we havn’t see it last week. I am hearing from my contacts in Iraq that they are starting a 2 week roll out starting tomorrow….including coins, lower denominations ect…I know many of you are concerned with rumors from other intel providers about lops ect…dont be. A Lop doesn’t even make sense…it won’t fix anything in Iraq...
9-9-2019 Newshound Guru Jeff ...squashing his [Guru Kaperoni's] entire theory of, 'oh, they have to float it because they have 74 trillion in circulation'...CBI already came out and said they're gonna pull that large amount out of circulation when the rate changes. Because most of that 74 trillion is outside of Iraq held by investors in other countries and the CBI does not give two craps about it...
9-9-2019 Newshound Guru Kaperoni ...dinar rates...in excess of $3...not possible. Iraq could never afford any such RV/RI. The only scenario where I could see such a thing is if they LOP first. I've already stated I don't believe that Iraq would LOP. That being said, the only thing they can do is raise the value gradually over time as I've discussed many times via a float. The reason why I say they will float is 1. the IMF specifically gave such a directive, 2. Iraq can't afford any other increase in value with so much currency in circulation, 3. have to reduce the currency which can't occur until after the value starts to rise. So we'll just have to wait and see how the next several months play out. But I know one thing if they're going to raise the value it's going to have to occur gradually...
9-8-2019 Intel Guru Frank26 [Question: If we have a 25K note and went to a satellite bank and the rate was $2.00 would we get $50,000?] You see, inside of Iraq that 25k note is 25 dinars. But outside of Iraq that 25k note is still a 25k note...if it was 2 to 1 you'd have $50,000 American dollars...if you had a million dinars and the rate was 1 to 1...you're going to get $1 million dollars...it's not complicated...
9-8-2019 Newshound Guru Kaperoni There's a pretty good article that came out the last day or so pertaining to the CBI joining the official forum of monetary and financial institutions (OMFIF). I think this boosts the credibility of the CBI tremendously.
9-8-2019 Newshound Guru Jeff Alright guys now it's time to get excited. The good news is coming out. We were the only ones sticking to our guns that the formation of the government must be completed before you'll see the rate change...I specifically told you to keep your eyes on the second half of September. Boom! An article comes out this morning...telling you they're going to vote on the vice president's in the next session of parliament which is the second half of September...this is the last thing you're waiting on...we're starting to inch to the finish line...
9-8-2019 Newshound/Intel Guru Mnt Goat The rate to reinstate will be essentially the rate prior to the invasion in 2003 with adjustments for equity. We know that the CBI initially wanted to reinstate with this same kind of rate but could not without the banking reforms, the increase in oil production and the gold deposits since discovered... So, they are [in] a great shape to come out at about $3.12+ and some banks are already showing a new rate as calculated by the new system of very close to $4.00. But remember this rate shown could easily be recalculated at the last minute and then moved to FOREX. So we just don’t know for sure... [post 2 of 2]
9-8-2019 Newshound/Intel Guru Mnt Goat ...One of the most important reasons we know for sure they will significantly increase the rate upon the movement process to FOREX is that the CBI told us they plan to put the dinar within a basket of currencies. This basket is the SDR basket of 5 of the leading developed countries in the world and that Iraq is most likely to conduct trade with them. So, the rate must change or else this basket will not work which is the purpose of the basket in the first place – to put currencies “on a level playing field”. .. I am telling you FACTS about the process... the process stated to all of us way back in 2011 by the CBI... [post 1 of 2....stay tuned]
9-8-2019 Intel Guru Frank26 ...we all know by now that the central bank of Iraq is in the process of lifting the value of their currency...there's no sense in putting the dinar, the new small category note, in their [citizens] hand before we raise the value...all that they've done in the massive campaign has made the citizens aware...the next step would be to raise the value NOT to give them what they've been seeing [lower denoms] just yet because it has no value. Once the value is raised...they will get the new small categories...it may float. It may not float. It may come out BOOM! direct at some large number...that's where I think we're at...
9-8-2019 Intel Guru RVAlready Article: "Revealing a study to delete zeros from the Iraqi currency" If you know the history of this, it is easy to see the delay article from Iraq is pure bull. Most of the intel providers are saying soon, and Iraq has been busy for weeks educating the citizens on the RV, new LDs , and coins...
9-8-2019 Newshound Guru Kaperoni There's a pretty good article that came out the last day or so pertaining to the CBI joining the official forum of monetary and financial institutions (OMFIF). I think this boosts the credibility of the CBI tremendously.
9-8-2019 Newshound Guru Jeff Alright guys now it's time to get excited. The good news is coming out. We were the only ones sticking to our guns that the formation of the government must be completed before you'll see the rate change...I specifically told you to keep your eyes on the second half of September. Boom! An article comes out this morning...telling you they're going to vote on the vice president's in the next session of parliament which is the second half of September...this is the last thing you're waiting on...we're starting to inch to the finish line...
9-8-2019 Newshound/Intel Guru Mnt Goat The rate to reinstate will be essentially the rate prior to the invasion in 2003 with adjustments for equity. We know that the CBI initially wanted to reinstate with this same kind of rate but could not without the banking reforms, the increase in oil production and the gold deposits since discovered... So, they are [in] a great shape to come out at about $3.12+ and some banks are already showing a new rate as calculated by the new system of very close to $4.00. But remember this rate shown could easily be recalculated at the last minute and then moved to FOREX. So we just don’t know for sure... [post 2 of 2]
9-8-2019 Newshound/Intel Guru Mnt Goat ...One of the most important reasons we know for sure they will significantly increase the rate upon the movement process to FOREX is that the CBI told us they plan to put the dinar within a basket of currencies. This basket is the SDR basket of 5 of the leading developed countries in the world and that Iraq is most likely to conduct trade with them. So, the rate must change or else this basket will not work which is the purpose of the basket in the first place – to put currencies “on a level playing field”. .. I am telling you FACTS about the process... the process stated to all of us way back in 2011 by the CBI... [post 1 of 2....stay tuned]
9-8-2019 Intel Guru Frank26 ...we all know by now that the central bank of Iraq is in the process of lifting the value of their currency...there's no sense in putting the dinar, the new small category note, in their [citizens] hand before we raise the value...all that they've done in the massive campaign has made the citizens aware...the next step would be to raise the value NOT to give them what they've been seeing [lower denoms] just yet because it has no value. Once the value is raised...they will get the new small categories...it may float. It may not float. It may come out BOOM! direct at some large number...that's where I think we're at...
9-8-2019 Intel Guru RVAlready Article: "Revealing a study to delete zeros from the Iraqi currency" If you know the history of this, it is easy to see the delay article from Iraq is pure bull. Most of the intel providers are saying soon, and Iraq has been busy for weeks educating the citizens on the RV, new LDs , and coins...
9-7-20219 Newshound Guru Jeff ...Frank [Guru Frank26] shared with you some information that I know for a fact is from [Guru] walkingstick..."are you saying walkingstick is reliable? " Yes! ...When I saw this, strongly felt I needed to share because it’s from WS...he is the real deal... [Reference Guru Frank26 post from 9-7-2019]
9-7-2019 Newshound Guru Kaperoni An article today from Parliament clearly states they have no intention of deleting the zeros at this time. As I've said in the past, parliament's plan was a LOP. That is a neutral event and we do not want that. What we do want to see, is foreign investment to come into Iraq and begin to rebuild and create a private sector putting pressure on the financial system allowing the CBI to float the currency. The interesting statement in the article references the 2020 budget deficit as the primary reason for the delay which could mean they're waiting to see the effects of the launch of the market economy first.
9-7-2019 Intel Guru Frank 26 ...there are banks in the US 48 continental states that have signed agreements with the Central Bank of Iraq to represent them...when you walk into a bank...pick a name. 53rd, Key Bank, BOA, JP Morgan whoever. Pick a bank. And say, 'Listen, I'd like to exchange my dinars.'...there will be a dedicated window in these banks or there will be a room just for that...I know of one where they converted an old Western Union into one of these private banks...those [banks] that did agree...they [the CBI] sent them a dinar...the ones that are coming out. The back didn't have anything. The front said "sample"...in my opinion these satellite banks will be opening within the next 2 weeks...they will be exchanging the dinar...I believe they will be open to the public within 2 weeks...
9-7-2019 Newshound/Intel Guru Mnt Goat So our path for the CBI to reintroduce the coins is here. We just have to wait it out and see when they do it. We know that this is a very good step in the right direction... So, in the past I have said that in 2011 the CBI came out with the process of to “delete the zeros” and clearly defined what they had to do to get there. Well…we are almost there and it has been almost a decade since to complete the process. But we are not home yet...The process clearly states that they will delete the zeros (as we have seen in recent articles they are about to do) by launching the “smaller, yet smaller category” notes. ...This step we now know also includes the coins (as they also just told us). ...So, when the smaller, smaller categories do come out they will have to adjust the CBI rate...
9-7-2019 Newshound/Intel Guru Mnt Goat Article: "SHARE OF KURDISTAN RISE TO MORE THAN 17% OF THE FEDERAL BUDGET" So the Kurds for now get what they wanted to survive yet another budget. But this is NOT over until parliament passes the “referendum” required by the new 2005 Iraqi Constitution... Read my lips – ARTICLE 140 IS NOT DONE UNTIL A LAW IS PASSED...So they absolutely must get this referendum passed or this will continue on for ever and ever for each of the years budgets! ARTICLE 140 IS NOT DONE!
9-7-2019 Newshound Guru Kaperoni An article today from Parliament clearly states they have no intention of deleting the zeros at this time. As I've said in the past, parliament's plan was a LOP. That is a neutral event and we do not want that. What we do want to see, is foreign investment to come into Iraq and begin to rebuild and create a private sector putting pressure on the financial system allowing the CBI to float the currency. The interesting statement in the article references the 2020 budget deficit as the primary reason for the delay which could mean they're waiting to see the effects of the launch of the market economy first.
9-7-2019 Intel Guru Frank 26 ...there are banks in the US 48 continental states that have signed agreements with the Central Bank of Iraq to represent them...when you walk into a bank...pick a name. 53rd, Key Bank, BOA, JP Morgan whoever. Pick a bank. And say, 'Listen, I'd like to exchange my dinars.'...there will be a dedicated window in these banks or there will be a room just for that...I know of one where they converted an old Western Union into one of these private banks...those [banks] that did agree...they [the CBI] sent them a dinar...the ones that are coming out. The back didn't have anything. The front said "sample"...in my opinion these satellite banks will be opening within the next 2 weeks...they will be exchanging the dinar...I believe they will be open to the public within 2 weeks...
9-7-2019 Newshound/Intel Guru Mnt Goat So our path for the CBI to reintroduce the coins is here. We just have to wait it out and see when they do it. We know that this is a very good step in the right direction... So, in the past I have said that in 2011 the CBI came out with the process of to “delete the zeros” and clearly defined what they had to do to get there. Well…we are almost there and it has been almost a decade since to complete the process. But we are not home yet...The process clearly states that they will delete the zeros (as we have seen in recent articles they are about to do) by launching the “smaller, yet smaller category” notes. ...This step we now know also includes the coins (as they also just told us). ...So, when the smaller, smaller categories do come out they will have to adjust the CBI rate...
9-7-2019 Newshound/Intel Guru Mnt Goat Article: "SHARE OF KURDISTAN RISE TO MORE THAN 17% OF THE FEDERAL BUDGET" So the Kurds for now get what they wanted to survive yet another budget. But this is NOT over until parliament passes the “referendum” required by the new 2005 Iraqi Constitution... Read my lips – ARTICLE 140 IS NOT DONE UNTIL A LAW IS PASSED...So they absolutely must get this referendum passed or this will continue on for ever and ever for each of the years budgets! ARTICLE 140 IS NOT DONE!
9-6-2019 Newshound Guru Kaperoni If you go back and look at the IMF Article IV Consultation from this year that came out in June, the IMF encouraged the CBI to begin more training programs. We are now seeing an abundance these types of training or seminars throughout Iraq.
9-6-2019 Intel Guru MarkZ My paymaster still wants to be home this weekend...funds are absolutely there and they just need the release to send them to us. He says the public should be in the banks no later than on the 10th or 11th...Actually in there with currency in their hands. It may not be what we wanted...we wanted funds for the weekend...but it’s what we got.
9-6-2019 Newshound Guru larrykn I really wouldn't worry about a LOP...that is just not going to happen, its been in many articles someone is just trying to stir the pot.
9-6-2019 Intel Guru Frank26 [Guru] Walkingstick told us that the next thing that we as a team are looking for is for the picture of the small category notes and the coins that would be equivalent to the new small category notes 1, 5, 10, 20, 50 and 100...soon a flow down of visual aid pictures is going to go to the banks. From the banks to the tellers. From the tellers to the citizens...IMO these pictures are timed for release now due to the success of the massive campaign that has well educated the citizens...these photos are the final evidence of the reinstatement that is to come...
9-6-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQ HAS DECIDED TO APPROVE THE RATING AGENCIES THAT HAVE THE CRITERIA ECAI" Quote: "The Board of Directors of the Central Bank of Iraq has decided to approve the rating agencies that have the criteria ...(ECAI) emanating from the decisions of Basel, to classify the financial institutions in Iraq, namely: Standard & Poor; Moody's; Fitch Ratings; Capital Intelligence" ...this is a WOW! article and tells so much about how they now view their banking system. Folks they are about to compete with other international currencies on the open global trading platforms. Why else would they be so concerned about their ratings from these four agencies? How many times have they told us already this is the plan?...
9-6-2019 Intel Guru MarkZ If you are having doubts about the RV…do some research about when Germany, Kuwait, and other countries have RV’d in the past…Iran and Iraq have also RV’d several times in the past...
9-6-2019 Newshound Guru Vital Brad Article: "Central Bank announces strategic banking projects for the next 5 years." Quote: "The exchange rate as the main achievement of monetary policy applications and one of it's important objectives, which has positive repercussions on the revitalization of the economy and stabilize the monetary and financial system." ...it's not a matter of if they're gonna adjust their exchange rate on their currency. It's when. You can see from the 5 year projection that a lot of these projects that they're planning to complete are gonna be done so with the Iraqi dinar at its raised rate. So some really great news...
9-6-2019 Newshound/Intel Guru Mnt Goat The only real currency we know for sure that will have any significant change in value in the near future is the Iraqi dinar and no other...All the other currencies you hear about are just extremely high speculation. I have been hearing about the Vietnam Dong and its potential to revalue...Could it? Yes, but...a speculative currency investment?
9-6-2019 Intel Guru MarkZ My paymaster still wants to be home this weekend...funds are absolutely there and they just need the release to send them to us. He says the public should be in the banks no later than on the 10th or 11th...Actually in there with currency in their hands. It may not be what we wanted...we wanted funds for the weekend...but it’s what we got.
9-6-2019 Newshound Guru larrykn I really wouldn't worry about a LOP...that is just not going to happen, its been in many articles someone is just trying to stir the pot.
9-6-2019 Intel Guru Frank26 [Guru] Walkingstick told us that the next thing that we as a team are looking for is for the picture of the small category notes and the coins that would be equivalent to the new small category notes 1, 5, 10, 20, 50 and 100...soon a flow down of visual aid pictures is going to go to the banks. From the banks to the tellers. From the tellers to the citizens...IMO these pictures are timed for release now due to the success of the massive campaign that has well educated the citizens...these photos are the final evidence of the reinstatement that is to come...
9-6-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQ HAS DECIDED TO APPROVE THE RATING AGENCIES THAT HAVE THE CRITERIA ECAI" Quote: "The Board of Directors of the Central Bank of Iraq has decided to approve the rating agencies that have the criteria ...(ECAI) emanating from the decisions of Basel, to classify the financial institutions in Iraq, namely: Standard & Poor; Moody's; Fitch Ratings; Capital Intelligence" ...this is a WOW! article and tells so much about how they now view their banking system. Folks they are about to compete with other international currencies on the open global trading platforms. Why else would they be so concerned about their ratings from these four agencies? How many times have they told us already this is the plan?...
9-6-2019 Intel Guru MarkZ If you are having doubts about the RV…do some research about when Germany, Kuwait, and other countries have RV’d in the past…Iran and Iraq have also RV’d several times in the past...
9-6-2019 Newshound Guru Vital Brad Article: "Central Bank announces strategic banking projects for the next 5 years." Quote: "The exchange rate as the main achievement of monetary policy applications and one of it's important objectives, which has positive repercussions on the revitalization of the economy and stabilize the monetary and financial system." ...it's not a matter of if they're gonna adjust their exchange rate on their currency. It's when. You can see from the 5 year projection that a lot of these projects that they're planning to complete are gonna be done so with the Iraqi dinar at its raised rate. So some really great news...
9-6-2019 Newshound/Intel Guru Mnt Goat The only real currency we know for sure that will have any significant change in value in the near future is the Iraqi dinar and no other...All the other currencies you hear about are just extremely high speculation. I have been hearing about the Vietnam Dong and its potential to revalue...Could it? Yes, but...a speculative currency investment?
9-5-2019 Newshound Guru Vital Brad Central Bank of Iraq Article: "The Central Bank Begins Steps to Join The Official Monetary and Financial Policy Forum (OMFIF)" If that's not saying Iraq is stepping into the big leagues I don't know what is. Independent global think tank for central banks. And they develop major projects in London, Singapore, Washington - some of the main financial hubs of the world. It's a beautiful thing...
9-5-2019 Newshound Guru chattels ["which way you think this will pan out, do they delete our 3 zeros from the 25k note and we break even or do they delete the 3 zeros from the exchange rate that being 0.00084? then it would be 0.84 and let market forces take over?"] I do not know. I have always argued/ allowed for the possibility of a "lop". It is a recurrent notion, indeed there will be rumors and the possibility of a "lop" until there is a definitive event of some type, eh? The persistent debate regarding "lop" or "float" or "RV" have become tedious. I am invested and will stay the course at this point for better or worse.
9-5-2019 Newshound Guru MilitiaMan The AMF is complete in launching a special Index database for Iraqi Securities. They have it ready, as they calculated the index as being from 07/31/2019... They showcased the ISX with the NASDAQ months ago, yet to see a live connection and today we see the AMF having completed the calculation and the database for the financial markets with Iraq. The NASDAQ has rules and for stocks (securities) to trade on the platform need to be north of $2.00 USD in value and that requires when under $4.00 being standard. So, imo they cannot do it at any rate.. jmtc. When they go live we will be happy campers...
9-5-2019 Intel Guru RayRen98 MY BANK SOURCE IS TO REPORT "AT EXCHANGE LOCATION" AND THINKS HE WILL SEE US SOMETIME TODAY - THURSDAY. TIME WILL TELL.
9-5-2019 Intel Guru Frank26 ...the Central Bank of Iraq is on a major campaign right now. And it's happening so fast we can't keep up with it...there is a massive campaign that is out there right now by the Central Bank of Iraq to let everyone inside of Iraq know that they are going through a monetary reform...right now we're dealing with the interior of Iraq, the citizens, because if it doesn't work with them it's not gonna work with you. It's not gonna work with the international markets...this massive campaign is out in full force...it's exploded even more...the citizens are being primed. They're being pumped. They're being educated. They're being motivated. They're being stimulated...
9-5-2019 Intel Guru MarkZ No new rate reported yet from contacts in Iraq. I hear from all my sources in Iraq that they are totally done and waiting for the rest of the world ...They have to be very frustrated with us. I feel we are right on top of it based on Paymasters, attorneys, contacts in Europe and Iraq and Asia... articles around the world on gold standards and basel accords: ...so much points to it being ready to pop.
9-5-2019 Newshound Guru Kaperoni [I don't care how it gains value as long as something happens!] Well hopefully it will start in the next 3-6 months... Everyone...should be hoping that come the first of the year, the laws are passed and international investors are lined up to bring money into Iraq to rebuild and support a market economy. ...one thing is sure...Iraq expects 70 billion from private investors in 2020. ...70 billion USD is a lot of potential pressure for the CBI. [post 3 of 3]
9-5-2019 Newshound Guru Kaperoni [Ultimately isn't it the CBI that makes the decisions?] Yes the CBI has to do it. But no because Iraq has to follow the Stand By Agreements they signed in exchange for loans over the years with the UN, IMF and WB...And the IMF became the Trustee of the CBI in Dec 2015 per agreement signed. Therefore, I see the IMF directives going forward. And if you look at the success of the CBI since Dec 2015 their has been several successes including reducing the spread to within 2%, maintaining a stable exchange rate for over a year, and significant progress on money laundering. [post 2 of 3....stay tuned]
9-5-2019 Newshound Guru Kaperoni ...why would Iraq be working so hard to create a market economy and get private investment if they did not plan to follow the IMF directive to float the dinar? I believe that is why we have not seen the CBI do anything as of yet...The conditions for the float are not in place...meaning the laws and investment. ...People tell me all the time...We don't trust the IMF. Or what proof do we have the IMF is in charge. etc. Well my question is...when has the IMF been wrong with Iraq? When has Iraq not done what they IMF asked? [post 1 of 3....stay tuned]
9-5-2019 Newshound Guru chattels ["which way you think this will pan out, do they delete our 3 zeros from the 25k note and we break even or do they delete the 3 zeros from the exchange rate that being 0.00084? then it would be 0.84 and let market forces take over?"] I do not know. I have always argued/ allowed for the possibility of a "lop". It is a recurrent notion, indeed there will be rumors and the possibility of a "lop" until there is a definitive event of some type, eh? The persistent debate regarding "lop" or "float" or "RV" have become tedious. I am invested and will stay the course at this point for better or worse.
9-5-2019 Newshound Guru MilitiaMan The AMF is complete in launching a special Index database for Iraqi Securities. They have it ready, as they calculated the index as being from 07/31/2019... They showcased the ISX with the NASDAQ months ago, yet to see a live connection and today we see the AMF having completed the calculation and the database for the financial markets with Iraq. The NASDAQ has rules and for stocks (securities) to trade on the platform need to be north of $2.00 USD in value and that requires when under $4.00 being standard. So, imo they cannot do it at any rate.. jmtc. When they go live we will be happy campers...
9-5-2019 Intel Guru RayRen98 MY BANK SOURCE IS TO REPORT "AT EXCHANGE LOCATION" AND THINKS HE WILL SEE US SOMETIME TODAY - THURSDAY. TIME WILL TELL.
9-5-2019 Intel Guru Frank26 ...the Central Bank of Iraq is on a major campaign right now. And it's happening so fast we can't keep up with it...there is a massive campaign that is out there right now by the Central Bank of Iraq to let everyone inside of Iraq know that they are going through a monetary reform...right now we're dealing with the interior of Iraq, the citizens, because if it doesn't work with them it's not gonna work with you. It's not gonna work with the international markets...this massive campaign is out in full force...it's exploded even more...the citizens are being primed. They're being pumped. They're being educated. They're being motivated. They're being stimulated...
9-5-2019 Intel Guru MarkZ No new rate reported yet from contacts in Iraq. I hear from all my sources in Iraq that they are totally done and waiting for the rest of the world ...They have to be very frustrated with us. I feel we are right on top of it based on Paymasters, attorneys, contacts in Europe and Iraq and Asia... articles around the world on gold standards and basel accords: ...so much points to it being ready to pop.
9-5-2019 Newshound Guru Kaperoni [I don't care how it gains value as long as something happens!] Well hopefully it will start in the next 3-6 months... Everyone...should be hoping that come the first of the year, the laws are passed and international investors are lined up to bring money into Iraq to rebuild and support a market economy. ...one thing is sure...Iraq expects 70 billion from private investors in 2020. ...70 billion USD is a lot of potential pressure for the CBI. [post 3 of 3]
9-5-2019 Newshound Guru Kaperoni [Ultimately isn't it the CBI that makes the decisions?] Yes the CBI has to do it. But no because Iraq has to follow the Stand By Agreements they signed in exchange for loans over the years with the UN, IMF and WB...And the IMF became the Trustee of the CBI in Dec 2015 per agreement signed. Therefore, I see the IMF directives going forward. And if you look at the success of the CBI since Dec 2015 their has been several successes including reducing the spread to within 2%, maintaining a stable exchange rate for over a year, and significant progress on money laundering. [post 2 of 3....stay tuned]
9-5-2019 Newshound Guru Kaperoni ...why would Iraq be working so hard to create a market economy and get private investment if they did not plan to follow the IMF directive to float the dinar? I believe that is why we have not seen the CBI do anything as of yet...The conditions for the float are not in place...meaning the laws and investment. ...People tell me all the time...We don't trust the IMF. Or what proof do we have the IMF is in charge. etc. Well my question is...when has the IMF been wrong with Iraq? When has Iraq not done what they IMF asked? [post 1 of 3....stay tuned]
9-4-2019 Newshound/Intel Guru Mnt Goat We made it to September and still no reinstatement. However, we do know we are at the cusp of the launching of the second set of smaller categories, this time in coins. It is coming soon. Just remember what I have told you about the process of “deleting the zeros” and what exactly is involved...This process of “deleting the zeros” alone does not get us to the banks to exchange. ...In fact it won’t really mean much to us in Iraq but it is an indicator to us of what is to follow. What will get us to the banks (and allow the banks to exchange) is the “reinstatement” of the Iraqi dinar on the global currency markets namely FOREX. There is nothing else that is going to allow us to exchange.
9-4-2019 Newshound Guru Kaperoni People want to associate me with some float theory. It's not a theory it's what the IMF has specifically asked the CBI to prepare for in 2013. That is a fact and subsequently the CBI has been making significant changes with monetary policy and economic conditions to accommodate such a move. That is a fact. That is not my theory.
9-4-2019 Newshound Guru Adam Montana I think it's more important to have a "big picture" mentality. If you adopt that, you'll realize that the more news we are seeing about "Oil and Gas", which is precisely the topic we want to hear about... the more we hear about it, the more we are going to see the words "delay", "issues", etc. My point is that if we are hearing those words more than we usually do... this is actually a GOOD thing. It means they are paying attention, my friends. It means they are actually working on the important stuff. That's enough to make me happy on this particular Wednesday. [post 2 of 2]
9-4-2019 Newshound Guru Adam Montana ...OIL has flattened out around $56. This is key to the coming weeks, where HCL is expected to be a key topic. If OIL was going nuts, we couldn't expect any solid HCL progress... Next - delays, holidays, corruption, oh my! ...There are times when I read the news and I think "this isn't going to help" - but there are other times when we can see a story and even though it uses the words "delay" or "holiday" or (*insert anything here), that doesn't mean "all is lost". [post 1 of 2....stay tuned]
9-4-2019 Intel Guru Frank26 What did we say that would be happening right now? A massive campaign of education to the citizens. You see it don't you? This massive campaign to get the message across to the citizens has been extremely successful...
9-4-2019 Intel Guru MarkZ My redemption center contacts are still at work waiting and expecting. They also work as wealth managers so try to keep busy. I have 4 contacts (boots on the ground) in Iraq. I hear there is a lot of articles out to educate the Iraqis…but no physical coins released yet. My contacts still expect the new rate at any time. I think we will have a great week this week. I know you guys are tired of hearing this...but based on everything happening... this is how I really feel.
9-4-2019 Newshound Guru Vital Brad [dinar exchange process] ...there's lots of different information coming out from different gurus. When Iraq's currency is reinstated...All major cities have a place where you can go exchange and deal in foreign currency. So you just go look up your local Forex banks in your area and you're gonna be able to trade it right there at the going rate...when you're dealing with large amounts of money there may be a restriction on withdrawal time. They may need time to get the funds...IMO there isn't gonna be a need to go to a specific location...I don't believe there's gonna be different rates that are offered...I've heard by calling these specific numbers you're gonna get a special higher rate than everyone else, I don't believe that to be true...I don't think it's gonna be as complicated as some people are making it out to be...
9-4-2019 Newshound Guru MilitiaMan Article: "Parliament holds its first legislative session after 10 Muharram" Quote: "Chapter III will be dedicated to controversial laws that were not agreed upon during previous sessions, such as oil and gas laws and the abolition of the offices of general inspectors and the Federal Court and other laws," ...they extend the session to apparently cover Mahdi's past pledge to the people...to have the reforms done in the current legislative period...which falls within the next 7 days...That means to me they will have to have the reforms such as the Oil & Gas done before they end the current session, the next session begins after the 10th of September. That requires imo an international rate to be done and applied, hence, the extension has been noted publicly today.
9-4-2019 Newshound Guru Jeff ...roughly 60% of their [Iraq's] citizens are roughly around the age 35 and under. So if the majority of their citizens are around 35 and younger they can't just start educating them on the deletion of the zeros many months ahead. They have to do it in close proximity to the the timing of the rate change so it stays fresh in their heads. And they just started that process 2 weeks ago...the information still strongly shows... that they have intentions of changing the rate in the second half of September...
9-4-2019 Newshound Guru Kaperoni People want to associate me with some float theory. It's not a theory it's what the IMF has specifically asked the CBI to prepare for in 2013. That is a fact and subsequently the CBI has been making significant changes with monetary policy and economic conditions to accommodate such a move. That is a fact. That is not my theory.
9-4-2019 Newshound Guru Adam Montana I think it's more important to have a "big picture" mentality. If you adopt that, you'll realize that the more news we are seeing about "Oil and Gas", which is precisely the topic we want to hear about... the more we hear about it, the more we are going to see the words "delay", "issues", etc. My point is that if we are hearing those words more than we usually do... this is actually a GOOD thing. It means they are paying attention, my friends. It means they are actually working on the important stuff. That's enough to make me happy on this particular Wednesday. [post 2 of 2]
9-4-2019 Newshound Guru Adam Montana ...OIL has flattened out around $56. This is key to the coming weeks, where HCL is expected to be a key topic. If OIL was going nuts, we couldn't expect any solid HCL progress... Next - delays, holidays, corruption, oh my! ...There are times when I read the news and I think "this isn't going to help" - but there are other times when we can see a story and even though it uses the words "delay" or "holiday" or (*insert anything here), that doesn't mean "all is lost". [post 1 of 2....stay tuned]
9-4-2019 Intel Guru Frank26 What did we say that would be happening right now? A massive campaign of education to the citizens. You see it don't you? This massive campaign to get the message across to the citizens has been extremely successful...
9-4-2019 Intel Guru MarkZ My redemption center contacts are still at work waiting and expecting. They also work as wealth managers so try to keep busy. I have 4 contacts (boots on the ground) in Iraq. I hear there is a lot of articles out to educate the Iraqis…but no physical coins released yet. My contacts still expect the new rate at any time. I think we will have a great week this week. I know you guys are tired of hearing this...but based on everything happening... this is how I really feel.
9-4-2019 Newshound Guru Vital Brad [dinar exchange process] ...there's lots of different information coming out from different gurus. When Iraq's currency is reinstated...All major cities have a place where you can go exchange and deal in foreign currency. So you just go look up your local Forex banks in your area and you're gonna be able to trade it right there at the going rate...when you're dealing with large amounts of money there may be a restriction on withdrawal time. They may need time to get the funds...IMO there isn't gonna be a need to go to a specific location...I don't believe there's gonna be different rates that are offered...I've heard by calling these specific numbers you're gonna get a special higher rate than everyone else, I don't believe that to be true...I don't think it's gonna be as complicated as some people are making it out to be...
9-4-2019 Newshound Guru MilitiaMan Article: "Parliament holds its first legislative session after 10 Muharram" Quote: "Chapter III will be dedicated to controversial laws that were not agreed upon during previous sessions, such as oil and gas laws and the abolition of the offices of general inspectors and the Federal Court and other laws," ...they extend the session to apparently cover Mahdi's past pledge to the people...to have the reforms done in the current legislative period...which falls within the next 7 days...That means to me they will have to have the reforms such as the Oil & Gas done before they end the current session, the next session begins after the 10th of September. That requires imo an international rate to be done and applied, hence, the extension has been noted publicly today.
9-4-2019 Newshound Guru Jeff ...roughly 60% of their [Iraq's] citizens are roughly around the age 35 and under. So if the majority of their citizens are around 35 and younger they can't just start educating them on the deletion of the zeros many months ahead. They have to do it in close proximity to the the timing of the rate change so it stays fresh in their heads. And they just started that process 2 weeks ago...the information still strongly shows... that they have intentions of changing the rate in the second half of September...
9-3-2019 Newshound Guru Kaperoni [via xyz] [what's the difference if the floating take an year to 1000%, which you call gradual vs 1000% in a month?] technically there is no difference but the pace and rate is set by the CBI. I don't know if they could reduce the money supply that fast. I think 6 months is realistic at a min.
9-3-2019 Intel Guru MarkZ I am very excited about this week still...i think we are right on top of the GCR...Based on what I’m hearing this should be our week. As far as 800 numbers...I feel we could see them tomorrow or Thursday at the latest…based on what we are hearing. What we also hear from the Iraqi contacts they expect to see a new CBI Governor and a new rate by Thursday. The rate they are expecting is $3.91 - $4.25...no one knows the exact time...We are all trying to figure this out based on news and sources .
9-3-2019 Newshound/Intel Guru RVAlready We can see CBI educating people and preparing to release this. Progress is certainly being made...
9-3-2019 Newshound Guru Kaperoni Several good articles...over the holiday weekend...talks about the upcoming parliament session. Over 150 laws that need to be passed including Oil & Gas law.
9-3-2019 Newshound Guru Jeff ...there was an article from yesterday that told you that they still have roughly 150 laws they call the controversial laws that they have to get approved and get finalized and get implemented...those 150 laws are post rate change laws...notice how they're hiding them from us and they're not telling us what all 150 are...but again it will happen after the rate change not before.
9-3-2019 Newshound Guru future A lop is the last thing iraq wants to do...a lop shows weakness, screws over their own citizens and sends a bad signal to investors...iraq cares about whats in their own borders. [an increase won't make them any richer, would it?] they get the purcashing power and their lives back...we get rich...they care about their country and their citizens...iraq is filthy rich we are nothing to them...['we' are nothing, what 'we' hold.] yep. we will find out soon. [but would you agree that we have been here before? expectng to find out] no they are bringing out the fils/coins...we havent had that.
9-3-2019 Newshound Guru Jeff ...they delayed parliament by two weeks. You know what they just told you guys? They don't have a damn thing to do. That's why they delayed this for 2 weeks. They have nothing left to do. What did I tell you 3 or 4 weeks ago? We don't want to see them do anything. And they just told you they don't have a damn thing to do. That's why they've delayed it by two weeks. You guys should be screaming with excitement right now...
9-3-2019 Intel Guru Frank26 ...the citizens are extremely excited and ready...The citizens have been shown by description. By pictures. By commercials about the ATM machines and MasterCards and the coins and the fill and so forth. The New small category notes that will be replacing the 3 zero notes...because they have explained to them the process of the lifting of the 3 zeros. All of this you have seen over and over and over gain...
9-3-2019 Newshound Guru MyLadies ...I'm not suggesting anyone get rid of it or sell it or whatever, I am simply saying there will not be overnight millionaires, the currency has a value and when it is excepted internationally there will be a trade to be made and the current value will be leveraged at an institutional level and a private level for those holding enough...currently the dinar sits at 1190 if the value raises against the dollar to even 1130 1140 1150 that is a good day in the currency trading arena.... [post 2 of 2]
9-3-2019 Intel Guru MarkZ I am very excited about this week still...i think we are right on top of the GCR...Based on what I’m hearing this should be our week. As far as 800 numbers...I feel we could see them tomorrow or Thursday at the latest…based on what we are hearing. What we also hear from the Iraqi contacts they expect to see a new CBI Governor and a new rate by Thursday. The rate they are expecting is $3.91 - $4.25...no one knows the exact time...We are all trying to figure this out based on news and sources .
9-3-2019 Newshound/Intel Guru RVAlready We can see CBI educating people and preparing to release this. Progress is certainly being made...
9-3-2019 Newshound Guru Kaperoni Several good articles...over the holiday weekend...talks about the upcoming parliament session. Over 150 laws that need to be passed including Oil & Gas law.
9-3-2019 Newshound Guru Jeff ...there was an article from yesterday that told you that they still have roughly 150 laws they call the controversial laws that they have to get approved and get finalized and get implemented...those 150 laws are post rate change laws...notice how they're hiding them from us and they're not telling us what all 150 are...but again it will happen after the rate change not before.
9-3-2019 Newshound Guru future A lop is the last thing iraq wants to do...a lop shows weakness, screws over their own citizens and sends a bad signal to investors...iraq cares about whats in their own borders. [an increase won't make them any richer, would it?] they get the purcashing power and their lives back...we get rich...they care about their country and their citizens...iraq is filthy rich we are nothing to them...['we' are nothing, what 'we' hold.] yep. we will find out soon. [but would you agree that we have been here before? expectng to find out] no they are bringing out the fils/coins...we havent had that.
9-3-2019 Newshound Guru Jeff ...they delayed parliament by two weeks. You know what they just told you guys? They don't have a damn thing to do. That's why they delayed this for 2 weeks. They have nothing left to do. What did I tell you 3 or 4 weeks ago? We don't want to see them do anything. And they just told you they don't have a damn thing to do. That's why they've delayed it by two weeks. You guys should be screaming with excitement right now...
9-3-2019 Intel Guru Frank26 ...the citizens are extremely excited and ready...The citizens have been shown by description. By pictures. By commercials about the ATM machines and MasterCards and the coins and the fill and so forth. The New small category notes that will be replacing the 3 zero notes...because they have explained to them the process of the lifting of the 3 zeros. All of this you have seen over and over and over gain...
9-3-2019 Newshound Guru MyLadies ...I'm not suggesting anyone get rid of it or sell it or whatever, I am simply saying there will not be overnight millionaires, the currency has a value and when it is excepted internationally there will be a trade to be made and the current value will be leveraged at an institutional level and a private level for those holding enough...currently the dinar sits at 1190 if the value raises against the dollar to even 1130 1140 1150 that is a good day in the currency trading arena.... [post 2 of 2]
9-2-2019 Newshound Guru MyLadies In my opinion it's really just a common sense issue...Iraq is not in a vacuum and the biggest pill to swallow is the one where we finally have to admit to ourselves that we were just foolish and uneducated and gullible and dazzled by bull**** to think we would be millionaires overnight...Those who choose to accept what deleting the zeros...will be able to make a plan. Those that do not will be most likely jumping off bridges...I am not saying there is no money to be made with the dinar, and... [post 1 of 2....stay tuned]
9-2-2019 Intel Guru Eagleone2025 AS I SAID IN APRIL THERE WOULD BE THREE WINDOWS. SEPT- OCT IS THE THIRD WINDOW. AS I SAID SEE YOU IN SEPT. WE ARE HERE IN SEPT- OCT JUST LIKE MY SOURCES SAID. NOW WE WAIT AND SEE. NOT MANY WANTED TO HEAR THAT BUT THAT IS TRUTH. ALL WH AND MILITARY GOVT CONTACTS SAID IT WOULD BE SEPT- OCT. MID SEPT IS A CLOSER TIME FRAME.
9-2-2019 Intel Guru MarkZ [via PDK] A lot of rumors about liquidity tomorrow...I am very upbeat about where we are today. I am hearing from my Iraq contacts is that there is supposed to be a new a new rate there...not released to the world yet... contacts had gone very quiet...could be they are busy with work or sometimes Iraq squashes communications. One of my best contacts in Iraq is a contractor helping to rebuild the infrastructure...at this point they tell me over 90% have their new cards…they will have a gold backed electronic currency. [When do you think the 800 numbers will come out?] Based on what we are hearing- My guess is that we will see them by noon tomorrow.
9-2-2019 Newshound Guru larrykn ...I'm not sure about that where it will start. I still remember that article that talked about testing their rate at $1.13 to 122. why would they do that if they were going to start at 1190...but even if it did, I don't think it would take that long before we would see where we could be very happy, they have been working on bring investors into Iraq so when they do go to Art 8 that will be the lauch for the currency to start to move and I think it will move quickly. I know a lot of you don't like Kaps [Guru Kaperoni] theory but he might have a good point, Time will tell. the other thing is they are talking about bringing out the coins, doing that at 1190 would mean the cost of the coins would be more then their value.
9-2-2019 Intel Guru Frank26 In my opinion all that is required to make the announcement of their monetary reform change, [is] to make the announcement that they are article VIII. That they have lifted the 3 zeros from their exchange rate. All of this is ready to go...the economic reform has been sitting and waiting for the financial reform to be official...you get those two in and every company will pour into Iraq to rebuild it...
9-2-2019 Intel Guru Delta Article quote: "The Teller can now trade demo and educational through the application to participate in the stock exchange, and send the name of the exchange company and mobile phone and the name of the person authorized to deal in the stock exchange on e-mail or communicate via WhatsApp to get the link to the program." HUGE INFO IN...NEW SOFTWARE TO BUY AND SELL FOREIGN CURRENCY...
9-2-2019 Newshound Guru Kaperoni It's funny how the gurus keep saying over and over that there will be no float, but yet Iraq is doing everything to prepare for a float by building a market economy and encouraging private investment. If we are ever going to get any financial gain from the dinar it's going to come from a float, meaning the currency appreciates gradually over time thus allowing the Central Bank of Iraq to collect the currency in circulation.
9-2-2019 Intel Guru Eagleone2025 AS I SAID IN APRIL THERE WOULD BE THREE WINDOWS. SEPT- OCT IS THE THIRD WINDOW. AS I SAID SEE YOU IN SEPT. WE ARE HERE IN SEPT- OCT JUST LIKE MY SOURCES SAID. NOW WE WAIT AND SEE. NOT MANY WANTED TO HEAR THAT BUT THAT IS TRUTH. ALL WH AND MILITARY GOVT CONTACTS SAID IT WOULD BE SEPT- OCT. MID SEPT IS A CLOSER TIME FRAME.
9-2-2019 Intel Guru MarkZ [via PDK] A lot of rumors about liquidity tomorrow...I am very upbeat about where we are today. I am hearing from my Iraq contacts is that there is supposed to be a new a new rate there...not released to the world yet... contacts had gone very quiet...could be they are busy with work or sometimes Iraq squashes communications. One of my best contacts in Iraq is a contractor helping to rebuild the infrastructure...at this point they tell me over 90% have their new cards…they will have a gold backed electronic currency. [When do you think the 800 numbers will come out?] Based on what we are hearing- My guess is that we will see them by noon tomorrow.
9-2-2019 Newshound Guru larrykn ...I'm not sure about that where it will start. I still remember that article that talked about testing their rate at $1.13 to 122. why would they do that if they were going to start at 1190...but even if it did, I don't think it would take that long before we would see where we could be very happy, they have been working on bring investors into Iraq so when they do go to Art 8 that will be the lauch for the currency to start to move and I think it will move quickly. I know a lot of you don't like Kaps [Guru Kaperoni] theory but he might have a good point, Time will tell. the other thing is they are talking about bringing out the coins, doing that at 1190 would mean the cost of the coins would be more then their value.
9-2-2019 Intel Guru Frank26 In my opinion all that is required to make the announcement of their monetary reform change, [is] to make the announcement that they are article VIII. That they have lifted the 3 zeros from their exchange rate. All of this is ready to go...the economic reform has been sitting and waiting for the financial reform to be official...you get those two in and every company will pour into Iraq to rebuild it...
9-2-2019 Intel Guru Delta Article quote: "The Teller can now trade demo and educational through the application to participate in the stock exchange, and send the name of the exchange company and mobile phone and the name of the person authorized to deal in the stock exchange on e-mail or communicate via WhatsApp to get the link to the program." HUGE INFO IN...NEW SOFTWARE TO BUY AND SELL FOREIGN CURRENCY...
9-2-2019 Newshound Guru Kaperoni It's funny how the gurus keep saying over and over that there will be no float, but yet Iraq is doing everything to prepare for a float by building a market economy and encouraging private investment. If we are ever going to get any financial gain from the dinar it's going to come from a float, meaning the currency appreciates gradually over time thus allowing the Central Bank of Iraq to collect the currency in circulation.
9-1-2019 Newshound/Intel Guru Mnt Goat Article: "COINED MONEY SERVES INTERNAL BUSINESS DEALINGS" Quote: “The change of currency means that a new currency will replace an old currency, with a fixed exchange rate and the zeros of the old currency will be removed or the decimal levels are moved to the left,” he said. for financial trading to support the national economy.” ...this article is NOT about moving to FOREX, not yet. So, when they do change the rate it will be fixed. They can not put the program CBI rate on a float. They have told this many times...
9-1-2019 Newshound Guru Jeff How is Iraq going to fund this? There is no funding in this. It's a currency swap. Nothing more. It's real simple. In the beginning you traded US dollars to get dinar. On the back-end you're going to trade dinar back in for US dollars. No body is funding a damn thing. It's called a currency swap...there is no "funding" of anything. It's a currency swap. This doesn't cost Iraq a damn thing to do...
9-1-2019 Newshound/Intel Guru Mnt Goat Article: "NEWS: ON IRAQ'S ACCESSION TO THE WORLD TRADE ORGANIZATION (WTO)." Yes, Iraq will need a currency to join the WTO. Oh – but they have a currency now. But can it be used easily in trade? NO! That is the problem here. This is why they need to reinstate it. So they DO NOT need to be on FOREX but it sure helps in trading globally to be able to tie into the currency exchanges electronically to get the current exchange rate for the conversion...
9-1-2019 Newshound Guru Jeff if they're telling you two currencies will coexist that means they stand valid and legit...it doesn't mean a 25k became a 25...They flat out told you the two currencies will coexist. That means the large notes are still valid. And the small denoms after the rate change are still valid. There is no other direction you can go with this...because they're different sized notes that have different values. A 25k note still is a 25k...a 25 note is just that, it's a 25. There is no grey areas...as an example, if the USD value...was $3 then it's very simple. A 25k times $3 is now worth $75,000 and a 25 times 3 is worth $75. It's that simple.
9-1-2019 Newshound Guru Kaperoni I still do not believe the CBI will make any monetary change until after the economic laws are in place and the budget is passed for 2020. One thing I'm very certain is Article VIII is coming because that has been well laid out in the IMF Art IV Consultations and more importantly Iraq wants to activate the TIFA Agreement with the United States. Freedom of movement of capital is a necessity.
9-1-2019 Newshound Guru Jeff How is Iraq going to fund this? There is no funding in this. It's a currency swap. Nothing more. It's real simple. In the beginning you traded US dollars to get dinar. On the back-end you're going to trade dinar back in for US dollars. No body is funding a damn thing. It's called a currency swap...there is no "funding" of anything. It's a currency swap. This doesn't cost Iraq a damn thing to do...
9-1-2019 Newshound/Intel Guru Mnt Goat Article: "NEWS: ON IRAQ'S ACCESSION TO THE WORLD TRADE ORGANIZATION (WTO)." Yes, Iraq will need a currency to join the WTO. Oh – but they have a currency now. But can it be used easily in trade? NO! That is the problem here. This is why they need to reinstate it. So they DO NOT need to be on FOREX but it sure helps in trading globally to be able to tie into the currency exchanges electronically to get the current exchange rate for the conversion...
9-1-2019 Newshound Guru Jeff if they're telling you two currencies will coexist that means they stand valid and legit...it doesn't mean a 25k became a 25...They flat out told you the two currencies will coexist. That means the large notes are still valid. And the small denoms after the rate change are still valid. There is no other direction you can go with this...because they're different sized notes that have different values. A 25k note still is a 25k...a 25 note is just that, it's a 25. There is no grey areas...as an example, if the USD value...was $3 then it's very simple. A 25k times $3 is now worth $75,000 and a 25 times 3 is worth $75. It's that simple.
9-1-2019 Newshound Guru Kaperoni I still do not believe the CBI will make any monetary change until after the economic laws are in place and the budget is passed for 2020. One thing I'm very certain is Article VIII is coming because that has been well laid out in the IMF Art IV Consultations and more importantly Iraq wants to activate the TIFA Agreement with the United States. Freedom of movement of capital is a necessity.
8-31-2019 Intel Guru RayRen98 A member overheard some tellers reviewing their procedures on directing currency exchangers to their 800 number.
8-31-2019 Intel Guru Frank26 ...the CBI, nobody else can say they have reinstated their currency. So I'm begging you don't be misled right now. Don't give your dinars to anybody because of greed or maybe because you think this is not going to happen. Don't do that...
8-31-2019 Intel/Newshound Guru sandyf [...you are the first person that I have seen move the decimal points on the value of the dinar (1190 to 1.190) as opposed to the zeroes on the currency itself (25,000 to 25)] It is effectively the same thing, depends if you are talking domestic or international. Within the country concerned dual pricing would come into effect. In the case of Iraq for example, a loaf of bread would be either 1000 dinar note of IQD or a 1 dinar note of the new currency. Internationally the IQD would no longer have any recognized value and the value of the new currency would start at 1000th of the IQD rate on the day the redenomination was implemented. Within Iraq the IQD would retain an equivalence of 1000:1 for a specified transition period and thereafter only exchangeable at a specific banks.
8-31-2019 Newshound/Intel Guru Mnt Goat Article: "HOW MUCH CURRENCY IS ALLOWED UNDER NEW RULES TO ENTER AND EXIT IRAQ?" Quote: "One of the decisions stipulates that "the entry and exit of amounts exceeding (1,000,000) (one million Iraqi dinars) is prohibited even if they have been declared, and the amount is withheld and legal proceedings are taken." Oops they spilled the beans in this last paragraph of the article… Now why in hell would they be restricting 1 million dinars when this is only about $1,000 USD? They just told us anything below $10,000 USD is not restricted in an earlier paragraph. So why then tell us in a later paragraph that 1 million dinars is restricted when the equivalent exchange in only equal to $1,000 USD? To me it should be acceptable if the rate was going to remain as it is today. Right? Am I missing something here? So maybe the rate is going to go to at least a busk [buck?] or more. Get it? This is one of those revealing articles.
8-31-2019 Intel Guru Frank26 ...these electronic billboards are really very vital in the reinstatement, in the education to the citizens...it's for the reinstatement of the Iraq Dinar...the dog-gone broadcast was talking about lifting the 3 zeros and the coins...but now they've got flatbed trucks running and it's on them now...this type of campaign to advertise something, they're putting a lot into it...they're on the verge of making an announcement. I don't know when. I don't know how much. But based on what they're doing and what they're telling...They're on the verge...they are this close to touching the face of the reinstatement of the Iraqi Dinar...I can taste the evidence...all they're doing right now is educating the citizens. Preparing them...
8-31-2019 Newshound Guru Jeff ...the CBI said back in 2014 that their #1 thing they were seeking was political stability. So they're telling you that the formation and complete government is the linchpin...the UN clearly announced that there's one position remaining - the Education Minister...this whole thing is scripted...we have them attempting to complete the government in September...3 weeks ago you had them bring a ton of reconstruction money into Iraq specifically for the 2019 budget...there's only one quarter left. Any reconstruction is post rate change event. If they're gonna use that money in Q4 then they have to walk into Q4 with a new rate in hand. That means they have to change the rate in September. It's very cut and dry...
8-31-2019 Newshound Guru MilitiaMan Question: "I DID ASK TBI BANK IF I CAN USE MASTER CARD ABROAD...ANSWER FROM TBI" Answer: "you can use it in withdrawals from ATMs and direct purchase from the points of sale as well as in the Internet such as subscriptions and airline reservations, hotels, shopping sites and promotion in social networking pages in any country of the world except Brazil, Indonesia, Syria and Iran." Wow, Trade Bank is telling us they are international on a Friday when banks are closed... Fascinating...! ...all the facts in place now are evidence the end results for the completion of Monetary Reforms is coming to a close! Yes, international cards being used from here on out from the looks of it...
8-31-2019 Newshound/Intel Guru Mnt Goat I have to tell everyone right now it appears that everything is on track to move ahead with the project to delete the zeros and launch the smaller category coins and maybe some notes too. We are about to move to the next and final stag...
8-31-2019 Intel Guru Frank26 ...the CBI, nobody else can say they have reinstated their currency. So I'm begging you don't be misled right now. Don't give your dinars to anybody because of greed or maybe because you think this is not going to happen. Don't do that...
8-31-2019 Intel/Newshound Guru sandyf [...you are the first person that I have seen move the decimal points on the value of the dinar (1190 to 1.190) as opposed to the zeroes on the currency itself (25,000 to 25)] It is effectively the same thing, depends if you are talking domestic or international. Within the country concerned dual pricing would come into effect. In the case of Iraq for example, a loaf of bread would be either 1000 dinar note of IQD or a 1 dinar note of the new currency. Internationally the IQD would no longer have any recognized value and the value of the new currency would start at 1000th of the IQD rate on the day the redenomination was implemented. Within Iraq the IQD would retain an equivalence of 1000:1 for a specified transition period and thereafter only exchangeable at a specific banks.
8-31-2019 Newshound/Intel Guru Mnt Goat Article: "HOW MUCH CURRENCY IS ALLOWED UNDER NEW RULES TO ENTER AND EXIT IRAQ?" Quote: "One of the decisions stipulates that "the entry and exit of amounts exceeding (1,000,000) (one million Iraqi dinars) is prohibited even if they have been declared, and the amount is withheld and legal proceedings are taken." Oops they spilled the beans in this last paragraph of the article… Now why in hell would they be restricting 1 million dinars when this is only about $1,000 USD? They just told us anything below $10,000 USD is not restricted in an earlier paragraph. So why then tell us in a later paragraph that 1 million dinars is restricted when the equivalent exchange in only equal to $1,000 USD? To me it should be acceptable if the rate was going to remain as it is today. Right? Am I missing something here? So maybe the rate is going to go to at least a busk [buck?] or more. Get it? This is one of those revealing articles.
8-31-2019 Intel Guru Frank26 ...these electronic billboards are really very vital in the reinstatement, in the education to the citizens...it's for the reinstatement of the Iraq Dinar...the dog-gone broadcast was talking about lifting the 3 zeros and the coins...but now they've got flatbed trucks running and it's on them now...this type of campaign to advertise something, they're putting a lot into it...they're on the verge of making an announcement. I don't know when. I don't know how much. But based on what they're doing and what they're telling...They're on the verge...they are this close to touching the face of the reinstatement of the Iraqi Dinar...I can taste the evidence...all they're doing right now is educating the citizens. Preparing them...
8-31-2019 Newshound Guru Jeff ...the CBI said back in 2014 that their #1 thing they were seeking was political stability. So they're telling you that the formation and complete government is the linchpin...the UN clearly announced that there's one position remaining - the Education Minister...this whole thing is scripted...we have them attempting to complete the government in September...3 weeks ago you had them bring a ton of reconstruction money into Iraq specifically for the 2019 budget...there's only one quarter left. Any reconstruction is post rate change event. If they're gonna use that money in Q4 then they have to walk into Q4 with a new rate in hand. That means they have to change the rate in September. It's very cut and dry...
8-31-2019 Newshound Guru MilitiaMan Question: "I DID ASK TBI BANK IF I CAN USE MASTER CARD ABROAD...ANSWER FROM TBI" Answer: "you can use it in withdrawals from ATMs and direct purchase from the points of sale as well as in the Internet such as subscriptions and airline reservations, hotels, shopping sites and promotion in social networking pages in any country of the world except Brazil, Indonesia, Syria and Iran." Wow, Trade Bank is telling us they are international on a Friday when banks are closed... Fascinating...! ...all the facts in place now are evidence the end results for the completion of Monetary Reforms is coming to a close! Yes, international cards being used from here on out from the looks of it...
8-31-2019 Newshound/Intel Guru Mnt Goat I have to tell everyone right now it appears that everything is on track to move ahead with the project to delete the zeros and launch the smaller category coins and maybe some notes too. We are about to move to the next and final stag...
8-30-2019 Newshound Guru Jeff ...the UN is seeking to get Iraq ready to become International...the UN was just in Iraq back in July. The UN is back in Iraq now...back in July...they were only there for the consultation. They weren't reviewing all of Iraq's progress. The only reason why the UN would be reviewing Iraq's progress...is because Iraq is advancing to their next stage. They're becoming international. This is huge. That's why I have brought such a large emphasis on the month of September...You have the UN in Iraq. You have Iraq telling you they're gonna finish the formation of the government. This is huge...
8-30-2019 Newshound Guru Kaperoni Iraq is a risky country. And most banks will not deal with the dinar even when they move to Article VIII. At least initially anyway. So for gurus to be talking about cashing in/rates/spreads it's all nonsense at this time. One of the reasons banks will avoid the dinar is because of its potential to be volatile. Most banks by nature are conservative and avoid these types of currencies. That is why I never really discuss the next step of cashing out/exchanging is because until the dinar is internationally convertible (Article VIII) and used in commerce there is no point. And if the dinar floats and gradually appreciates as we expect, it's a whole different process as investors may have to get involved with market makers/brokers or dealers to set up accounts. Time will tell.
8-30-2019 Intel Guru RayRen98 A BANK SOURCE HAS REPORTED A "CODE" CHANGE OCCURRED TODAY CAUSING THEM TO EXPERIENCE EXTREME EXCITEMENT! $$$$
8-30-2019 Intel Guru Frank26 ...my broker one day called me and said 'we're gonna have to limit the amount of dinars that we sell to 1 million per customer' ...The CBI said 'we're not going to sell our currency to any brokers, any dealers any money exchangers no more...and the CBI stopped selling its currency. (They only did it by selling through the auction) ...now with what...we told you yesterday Whales and sharks cannot go inside Iraq and come out with a whole bunch of dinars...they tightened up their borders and this is fantastic. And you don't do this for toilet paper currency. You don't do it for a program rate. You do it to secure your borders because you're about to have a currency that is so valuable that it's going to become a pivotal currency in the heart of the Middle East... [Reference Guru Frank26 post 8-30-2019]
8-30-2019 Newshound Guru Jeff ...keep in mind Iraq is still under UN Chapter 7 sanctions...Notice how the UN is back in Iraq over the last few days...Iraq is fulfilling its obligations to get out of Ch. 7 to become international. And notice how they're doing it in Q3. Article quote "Commitment show by Iraq in fulfilling all remaining international obligations..." This is showing you Iraq is on its way out of Ch 7 and that's why the UN is there now. This is huge...
8-30-2019 Intel Guru MarkZ We are down to crunch time if they indeed want this done before Sept. 1st. European contacts now say liquidity and release of all holds on accounts will occur over the weekend. I don’t think it’s can kicking…just logistics /coordination as Iraq says they want it done by the 1st. I hear in Iraq that the new rate will be between $3.91-$4.25. My contacts at redemption centers are on call this weekend and have been asked not to go more than 50 miles away this weekend. I think we are at the tail end of this and will see something happen Sunday and Monday.
8-30-2019 Newshound Guru Kaperoni Some might look at this IMF directive as "old news" but it's not. These directives don't change and take time to impliment. And in the case with Iraq it took them 5-6 years to accomplish. With of course the help of the IMF stepping in, in December 2015 signing an agreement to become trustee and facilitating/oversight on monetary reforms at the CBI.
8-30-2019 Intel Guru Frank Article "Issuing a package of decision related to the entry and exit of funds across the Iraqi borders" ...today [Wednesday] the CBI came out and said...for now on anything less than $10,000 American dollars can enter Iraq and it can leave Iraq...$10,000 to $20,000 American dollars requires documentation...anything more than 1 million IQD coming in or out of Iraq is not allowed...Is 1 million IQD equal to $20,000 American Dollars?...Is this the initial exchange rate?...that was an interesting article.
8-30-2019 Newshound Guru Kaperoni Iraq is a risky country. And most banks will not deal with the dinar even when they move to Article VIII. At least initially anyway. So for gurus to be talking about cashing in/rates/spreads it's all nonsense at this time. One of the reasons banks will avoid the dinar is because of its potential to be volatile. Most banks by nature are conservative and avoid these types of currencies. That is why I never really discuss the next step of cashing out/exchanging is because until the dinar is internationally convertible (Article VIII) and used in commerce there is no point. And if the dinar floats and gradually appreciates as we expect, it's a whole different process as investors may have to get involved with market makers/brokers or dealers to set up accounts. Time will tell.
8-30-2019 Intel Guru RayRen98 A BANK SOURCE HAS REPORTED A "CODE" CHANGE OCCURRED TODAY CAUSING THEM TO EXPERIENCE EXTREME EXCITEMENT! $$$$
8-30-2019 Intel Guru Frank26 ...my broker one day called me and said 'we're gonna have to limit the amount of dinars that we sell to 1 million per customer' ...The CBI said 'we're not going to sell our currency to any brokers, any dealers any money exchangers no more...and the CBI stopped selling its currency. (They only did it by selling through the auction) ...now with what...we told you yesterday Whales and sharks cannot go inside Iraq and come out with a whole bunch of dinars...they tightened up their borders and this is fantastic. And you don't do this for toilet paper currency. You don't do it for a program rate. You do it to secure your borders because you're about to have a currency that is so valuable that it's going to become a pivotal currency in the heart of the Middle East... [Reference Guru Frank26 post 8-30-2019]
8-30-2019 Newshound Guru Jeff ...keep in mind Iraq is still under UN Chapter 7 sanctions...Notice how the UN is back in Iraq over the last few days...Iraq is fulfilling its obligations to get out of Ch. 7 to become international. And notice how they're doing it in Q3. Article quote "Commitment show by Iraq in fulfilling all remaining international obligations..." This is showing you Iraq is on its way out of Ch 7 and that's why the UN is there now. This is huge...
8-30-2019 Intel Guru MarkZ We are down to crunch time if they indeed want this done before Sept. 1st. European contacts now say liquidity and release of all holds on accounts will occur over the weekend. I don’t think it’s can kicking…just logistics /coordination as Iraq says they want it done by the 1st. I hear in Iraq that the new rate will be between $3.91-$4.25. My contacts at redemption centers are on call this weekend and have been asked not to go more than 50 miles away this weekend. I think we are at the tail end of this and will see something happen Sunday and Monday.
8-30-2019 Newshound Guru Kaperoni Some might look at this IMF directive as "old news" but it's not. These directives don't change and take time to impliment. And in the case with Iraq it took them 5-6 years to accomplish. With of course the help of the IMF stepping in, in December 2015 signing an agreement to become trustee and facilitating/oversight on monetary reforms at the CBI.
8-30-2019 Intel Guru Frank Article "Issuing a package of decision related to the entry and exit of funds across the Iraqi borders" ...today [Wednesday] the CBI came out and said...for now on anything less than $10,000 American dollars can enter Iraq and it can leave Iraq...$10,000 to $20,000 American dollars requires documentation...anything more than 1 million IQD coming in or out of Iraq is not allowed...Is 1 million IQD equal to $20,000 American Dollars?...Is this the initial exchange rate?...that was an interesting article.
8-29-2019 Newshound/Intel Guru Mnt Goat 5. we find out that the currency reform is in FACT now part of the country wide reform package. Article Quote: "part of the currency restructuring plan and banks includes the creation of coins for trades. Finance to support the national economy." But remember they are not saying anything in the article on the process about reinstating the dinar on the global currency exchanges. At least not now. They probably won’t either since they are so close. If they do it will be be after the event...As you should know this is when we go to the bank and not before... [post 3 of 3]
8-29-2019 Newshound/Intel Guru Mnt Goat 4.they are telling us the coins will be used in trade with other countries. Does this mean the currency auctions using only US dollars for trade will stop? It appears they will have to if this article is correct. Remember using the dinar will create a demand for it. When this happens it will become more valuable outside of Iraq...the value will rise, thus the rate will have to rise too. [post 2 of 3....stay tuned]
8-29-2019 Newshound/Intel Guru Mnt Goat so this is one of the WOW articles we have been waiting for. 1. they just told us they passed the needed legislation in parliament needed by the CBI to get the coins re-minted and in circulation... 2. it is the re-education article we have all been waiting for so long. Its here and we should be all jumping up and down for joy; 3. repeatedly whenever they talk about the coins they also talk about the project to delete the zeros in the same breath so we know for sure they fully intend to do both concurrently. This is exactly what we need to get the increase in rate of the dinar; [post 1 of 3....stay tuned]
8-29-2019 Newshound Guru Kaperoni And as I've said before they cannot reduce the money supply...because Iraq currently utilizes a currency auction to stabilize the currency and provide a source of foreign exchange for imports. This technique requires a balance... between the dinar and the dollar any shortage of one or the other creates demand and effects the stability. Therefore reduction of the money supply cannot occur at this time. Once they float the currency and begin international commerce Iraq no longer will need the auctions and can reduce the money supply gradually as the currency appreciates. [post 2 of 2]
8-29-2019 Newshound Guru Kaperoni I do not believe Iraq would LOP or re-denominate the currency, the IMF certainly has not stated such and Iraq has demonstrated for several years a successful monetary policy including over the last year and a half where they've maintained a 2% spread or less. But I also don't believe they could ever substantially RV/RI the currency because there's just too much currency in circulation. People doubt the fact that the CBI and IMF have reported in excess of 42 trillion. It's in print for all to see. [post 1 of 2....stay tuned]
8-29-2019 Newshound Guru MyLadies ...Article: "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies" ...IT SAYS THAT THEY ARE GOING TO DELETE ZEROS (CUT, REMOVE, LOP) FROM THE CURRENCY. THEN THEY ARE GOING TO INTRODUCE NEW CURRENCY EITHER COINS OR PAPER AND THEY ARE GOING TO RAISE THE VALUE AGAINST THE DOLLAR. BASICALLY, THEY ARE GOING TO DO EXACTLY WHAT TURKMENASTAN DID... PREPARE YOURSELVES FOR IRAQ TO DO THE EXACT SAME THING AS EVERY OTHER COUNTRY THAT DROPPED ZERO’S. THINGS ARE NOT GOING TO GO WELL FOR THE MASSES... [Post 2 of 2] [NOTE: Stay tuned as the Guru's chime in on the lop debate.]
8-29-2019 Newshound Guru MyLadies ...I WANT TO TALK ABOUT HOW A CURRENCY REDENOMINATES....HERE FROM THE IMF..."On occasion, a country must introduce a new currency. Turkmenistan..decided in 2008 to undertake a currency reform. A major gap between the official exchange rate and the informal or market rate meant that Turkmenistan’s price system had become complex and inefficient." [NOTE: Other gurus say the Iraqi Dinar "gap" is less than 2% and within the IMF's guidelines] "...Hyperinflation and exchange rate collapse slash the value of a national currency, forcing the issuance of banknotes in ever higher denominations." [NOTE: Other gurus say Iraq's inflation has been under control for 10 years and there is no hyperinflation ] ..."In itself, a redenomination makes no one richer or poorer..." ...I JUST WANT YOU TO UNDERSTAND THAT THERE WAS NO MONEY TO MADE WHEN TURKMENISTAN REDENOMINATED. [Post 1 of 2....stay tuned] [See the left side of this page for the CBI's latest official and market rates.]
8-29-2019 Intel Guru MarkZ All my Iraqi contacts are still expecting the new rate this week. They want to have it out by the first…Many articles about the new coins coming out…why would you need a coin worth a fraction of a penny? ...they have to have a new rate if they release the coins… My people are at work in redemption centers today...Tomorrow we will find out if they are on call again this weekend or if they are scheduled to work. My gut feeling is we will see it on Saturday...just my opinion...last day of the month and Sunday is iraqs first day of the week and the first day of the new month.
8-29-2019 Newshound Guru Adam Montana ...We saw almost no HCL news prior to the $60 mark, and then it started to come out in the news. That meant the Iraqi Parliament was working on items that are necessary to accomplish a finalization, and that is a key component to the RV. ...A lot of things contribute to the price of OIL, the world economy, and everything else that can have an impact on when Iraq decides to raise the value - this is just one of those things, but I believe it is a major component. Lots of people are saying September is looking good. I am leaning toward agreeing. Time, and hopefully not much of it, will tell. [post 2 of 2]
8-29-2019 Newshound Guru Adam Montana Article: "Parliament: Oil Committee intends to host Abdul Mahdi and the Ministers of Finance and Oil" ...The topic at hand is quiet simple - OIL. ...earlier this year, I personally set a target of $60 (WTI) that I felt was necessary before Iraq would feel confident enough to start moving on a significant change in the exchange rate. (“RV” is short for “ReValuation”, which will be a significant change in the exchange rate…for those of you new to the situation) [post 1 of 2....stay tuned]
8-29-2019 Intel Guru Frank ...It is my opinion that the banks of the United States of American are going to be charging anywhere from 1% to 2% - at the highest 3% spread [To exchange]...this could be good news for us. Let's see what happens when we finally find out. I can't see them reinstating the currency in Iraq and then all of a sudden changing the spread...
8-29-2019 Newshound/Intel Guru Mnt Goat Article: "RECENT PARLIAMENTARY VOTES HAVE BEEN RAISED CALLING FOR THE REINTRODUCTION OF COINS" ...here is one of the articles I told everyone to be watching for. This includes the passing of the needed law by parliament to re-mint the coins and reintroduce them. Its now DONE as they just told us in this article.
8-29-2019 Newshound/Intel Guru Mnt Goat 4.they are telling us the coins will be used in trade with other countries. Does this mean the currency auctions using only US dollars for trade will stop? It appears they will have to if this article is correct. Remember using the dinar will create a demand for it. When this happens it will become more valuable outside of Iraq...the value will rise, thus the rate will have to rise too. [post 2 of 3....stay tuned]
8-29-2019 Newshound/Intel Guru Mnt Goat so this is one of the WOW articles we have been waiting for. 1. they just told us they passed the needed legislation in parliament needed by the CBI to get the coins re-minted and in circulation... 2. it is the re-education article we have all been waiting for so long. Its here and we should be all jumping up and down for joy; 3. repeatedly whenever they talk about the coins they also talk about the project to delete the zeros in the same breath so we know for sure they fully intend to do both concurrently. This is exactly what we need to get the increase in rate of the dinar; [post 1 of 3....stay tuned]
8-29-2019 Newshound Guru Kaperoni And as I've said before they cannot reduce the money supply...because Iraq currently utilizes a currency auction to stabilize the currency and provide a source of foreign exchange for imports. This technique requires a balance... between the dinar and the dollar any shortage of one or the other creates demand and effects the stability. Therefore reduction of the money supply cannot occur at this time. Once they float the currency and begin international commerce Iraq no longer will need the auctions and can reduce the money supply gradually as the currency appreciates. [post 2 of 2]
8-29-2019 Newshound Guru Kaperoni I do not believe Iraq would LOP or re-denominate the currency, the IMF certainly has not stated such and Iraq has demonstrated for several years a successful monetary policy including over the last year and a half where they've maintained a 2% spread or less. But I also don't believe they could ever substantially RV/RI the currency because there's just too much currency in circulation. People doubt the fact that the CBI and IMF have reported in excess of 42 trillion. It's in print for all to see. [post 1 of 2....stay tuned]
8-29-2019 Newshound Guru MyLadies ...Article: "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies" ...IT SAYS THAT THEY ARE GOING TO DELETE ZEROS (CUT, REMOVE, LOP) FROM THE CURRENCY. THEN THEY ARE GOING TO INTRODUCE NEW CURRENCY EITHER COINS OR PAPER AND THEY ARE GOING TO RAISE THE VALUE AGAINST THE DOLLAR. BASICALLY, THEY ARE GOING TO DO EXACTLY WHAT TURKMENASTAN DID... PREPARE YOURSELVES FOR IRAQ TO DO THE EXACT SAME THING AS EVERY OTHER COUNTRY THAT DROPPED ZERO’S. THINGS ARE NOT GOING TO GO WELL FOR THE MASSES... [Post 2 of 2] [NOTE: Stay tuned as the Guru's chime in on the lop debate.]
8-29-2019 Newshound Guru MyLadies ...I WANT TO TALK ABOUT HOW A CURRENCY REDENOMINATES....HERE FROM THE IMF..."On occasion, a country must introduce a new currency. Turkmenistan..decided in 2008 to undertake a currency reform. A major gap between the official exchange rate and the informal or market rate meant that Turkmenistan’s price system had become complex and inefficient." [NOTE: Other gurus say the Iraqi Dinar "gap" is less than 2% and within the IMF's guidelines] "...Hyperinflation and exchange rate collapse slash the value of a national currency, forcing the issuance of banknotes in ever higher denominations." [NOTE: Other gurus say Iraq's inflation has been under control for 10 years and there is no hyperinflation ] ..."In itself, a redenomination makes no one richer or poorer..." ...I JUST WANT YOU TO UNDERSTAND THAT THERE WAS NO MONEY TO MADE WHEN TURKMENISTAN REDENOMINATED. [Post 1 of 2....stay tuned] [See the left side of this page for the CBI's latest official and market rates.]
8-29-2019 Intel Guru MarkZ All my Iraqi contacts are still expecting the new rate this week. They want to have it out by the first…Many articles about the new coins coming out…why would you need a coin worth a fraction of a penny? ...they have to have a new rate if they release the coins… My people are at work in redemption centers today...Tomorrow we will find out if they are on call again this weekend or if they are scheduled to work. My gut feeling is we will see it on Saturday...just my opinion...last day of the month and Sunday is iraqs first day of the week and the first day of the new month.
8-29-2019 Newshound Guru Adam Montana ...We saw almost no HCL news prior to the $60 mark, and then it started to come out in the news. That meant the Iraqi Parliament was working on items that are necessary to accomplish a finalization, and that is a key component to the RV. ...A lot of things contribute to the price of OIL, the world economy, and everything else that can have an impact on when Iraq decides to raise the value - this is just one of those things, but I believe it is a major component. Lots of people are saying September is looking good. I am leaning toward agreeing. Time, and hopefully not much of it, will tell. [post 2 of 2]
8-29-2019 Newshound Guru Adam Montana Article: "Parliament: Oil Committee intends to host Abdul Mahdi and the Ministers of Finance and Oil" ...The topic at hand is quiet simple - OIL. ...earlier this year, I personally set a target of $60 (WTI) that I felt was necessary before Iraq would feel confident enough to start moving on a significant change in the exchange rate. (“RV” is short for “ReValuation”, which will be a significant change in the exchange rate…for those of you new to the situation) [post 1 of 2....stay tuned]
8-29-2019 Intel Guru Frank ...It is my opinion that the banks of the United States of American are going to be charging anywhere from 1% to 2% - at the highest 3% spread [To exchange]...this could be good news for us. Let's see what happens when we finally find out. I can't see them reinstating the currency in Iraq and then all of a sudden changing the spread...
8-29-2019 Newshound/Intel Guru Mnt Goat Article: "RECENT PARLIAMENTARY VOTES HAVE BEEN RAISED CALLING FOR THE REINTRODUCTION OF COINS" ...here is one of the articles I told everyone to be watching for. This includes the passing of the needed law by parliament to re-mint the coins and reintroduce them. Its now DONE as they just told us in this article.
8-28-2019 Newshound Guru Kaperoni I want to clear something up since I'm getting some fan mail..lol. I do not think it's going to LOP. What I am saying is if parliament has its way they will LOP the currency. Lucky for us though the CBI is following the directive from the IMF as far as we know...Which is to create the conditions for the currency to float. That is why they are pushing so heavily to diversify and build a market economy. It's taken some time for Iraq to put the conditions in place, in fact several years but things are beginning to line up for early next year as they add 72 trillion dinar to the budget to kick-start the economy.
8-28-2019 Intel Guru MarkZ We are hearing that we should have numbers at anytime within the next 2 days... I am getting more and more confirmations out of Iraq that they expect to go on or before Sept. 1st... The meeting with Iraq and the UN security council starts tonight at 5:00 pm tonight…so will be hours before we find out how that went. The expectation is Iraq tells them they are ready to move on now...
8-28-2019 Intel/Newshound Guru sandyf [Has anyone in here seen an article or source from the CBI or government stated that Iraq may LOP the currency?] There is no such thing as a "LOP" so there never would be any articles. The correct terms are Redenomination or Re-basing the currency, there have been many articles from both CBI and government sources to say that was the plan. ...In a Redenomination the old currency IQD at 1190/USD would be replaced by a new currency, possibly IQR, at 1.190/USD, deleting 3 zeros. The monetary unit(Dinar) would be revalued from 1190/USD to 1.190/USD which would be an increase in the value of the Dinar against the dollar and lead to an increase in purchasing power.
8-28-2019 Intel Guru MarkZ My contacts in Redemption Centers are still expecting this week…the ones I know are also wealth managers so are juggling 2 jobs. What I am hearing from contacts in Iraq they really expect to see the new rate by Sept. 1st. Rates from $3.91 to $4.25. ...with the coins being released I am...puzzled. This process seems to be rolling out different than we expected…to have coins you need a new value over there. [We are in the “Perfect Storm” to see everything right now] We certainly are. I do feel warm and fuzzy about this week and that we are at the tail end of this reset. No one can predict the exact date, but the world news, chatter from sources, and news articles say we are there.
8-28-2019 Newshound Guru Dinar Investor - Jeff ...we are a lot closer than we've ever been. I want to stress to you we're definitely a lot closer...you're not gonna see this in days. At a minimum we're at least 3 weeks out...I promise you you're not gonna see this until more towards the end of September. Easily in the second half...you will wait until the formation of the government's done. That's a promise to you...The CBI made it very clear back in 2014. They said they're gonna delay this for 5 years...until Iraq has achieved political stability...just stay grounded.
8-28-2019 Newshound Guru Bloodloch Does that mean we can divide the first into the second and get an exchange rate? Nope. That's just the velocity of money formula. Does that mean if they stop the auctions and everyone inside Iraq's borders must then conduct all business with both old triple-zero, and the suspected upcoming new three-missing-zeros Iraq Dinar notes and coins, existing side-by-side as promised, that their money supply will plummet in terms of face value outstanding and that less of a thing is a more valuable thing? Yep. [post 2 of 2]
8-28-2019 Newshound Guru Bloodloch If the triple-zero Iraqi dinar is allowed to float, in conjunction with the introduction of new, lower denomination currencies valued near to US dollar equivalencies, it's going to float like a ballistic missile. Am I worried that they can't do that with 42 Trillion IQD in outstanding currency? Nope. Why not? Because their annual Gross Domestic Product is 269 Trillion IQD. [post 1 of 2....stay tuned]
8-28-2019 Intel Guru Frank26 Iraq is not a lop. No. A lop is to add zeros to the exchange rate. Iraq is...constantly telling you they're lifting three zeros from their exchange rate...when someone says to you it's a lop ask them are they adding three zeros to the exchange rate or are they taking away?
8-28-2019 Newshound/Intel Guru Mnt Goat Article: "THE PARLIAMENTARY FINANCE COMMITTEE, ON MONDAY, ANNOUNCED A TREND TO RE-WORK IN THE CURRENCY AND THE REMOVAL OF ZEROS FROM BANKNOTES, IN ORDER TO STRENGTHEN THE ECONOMY" I especially like the heading of the article. This process is now on the way. Hold tight…its coming…
8-28-2019 Intel Guru MarkZ We are hearing that we should have numbers at anytime within the next 2 days... I am getting more and more confirmations out of Iraq that they expect to go on or before Sept. 1st... The meeting with Iraq and the UN security council starts tonight at 5:00 pm tonight…so will be hours before we find out how that went. The expectation is Iraq tells them they are ready to move on now...
8-28-2019 Intel/Newshound Guru sandyf [Has anyone in here seen an article or source from the CBI or government stated that Iraq may LOP the currency?] There is no such thing as a "LOP" so there never would be any articles. The correct terms are Redenomination or Re-basing the currency, there have been many articles from both CBI and government sources to say that was the plan. ...In a Redenomination the old currency IQD at 1190/USD would be replaced by a new currency, possibly IQR, at 1.190/USD, deleting 3 zeros. The monetary unit(Dinar) would be revalued from 1190/USD to 1.190/USD which would be an increase in the value of the Dinar against the dollar and lead to an increase in purchasing power.
8-28-2019 Intel Guru MarkZ My contacts in Redemption Centers are still expecting this week…the ones I know are also wealth managers so are juggling 2 jobs. What I am hearing from contacts in Iraq they really expect to see the new rate by Sept. 1st. Rates from $3.91 to $4.25. ...with the coins being released I am...puzzled. This process seems to be rolling out different than we expected…to have coins you need a new value over there. [We are in the “Perfect Storm” to see everything right now] We certainly are. I do feel warm and fuzzy about this week and that we are at the tail end of this reset. No one can predict the exact date, but the world news, chatter from sources, and news articles say we are there.
8-28-2019 Newshound Guru Dinar Investor - Jeff ...we are a lot closer than we've ever been. I want to stress to you we're definitely a lot closer...you're not gonna see this in days. At a minimum we're at least 3 weeks out...I promise you you're not gonna see this until more towards the end of September. Easily in the second half...you will wait until the formation of the government's done. That's a promise to you...The CBI made it very clear back in 2014. They said they're gonna delay this for 5 years...until Iraq has achieved political stability...just stay grounded.
8-28-2019 Newshound Guru Bloodloch Does that mean we can divide the first into the second and get an exchange rate? Nope. That's just the velocity of money formula. Does that mean if they stop the auctions and everyone inside Iraq's borders must then conduct all business with both old triple-zero, and the suspected upcoming new three-missing-zeros Iraq Dinar notes and coins, existing side-by-side as promised, that their money supply will plummet in terms of face value outstanding and that less of a thing is a more valuable thing? Yep. [post 2 of 2]
8-28-2019 Newshound Guru Bloodloch If the triple-zero Iraqi dinar is allowed to float, in conjunction with the introduction of new, lower denomination currencies valued near to US dollar equivalencies, it's going to float like a ballistic missile. Am I worried that they can't do that with 42 Trillion IQD in outstanding currency? Nope. Why not? Because their annual Gross Domestic Product is 269 Trillion IQD. [post 1 of 2....stay tuned]
8-28-2019 Intel Guru Frank26 Iraq is not a lop. No. A lop is to add zeros to the exchange rate. Iraq is...constantly telling you they're lifting three zeros from their exchange rate...when someone says to you it's a lop ask them are they adding three zeros to the exchange rate or are they taking away?
8-28-2019 Newshound/Intel Guru Mnt Goat Article: "THE PARLIAMENTARY FINANCE COMMITTEE, ON MONDAY, ANNOUNCED A TREND TO RE-WORK IN THE CURRENCY AND THE REMOVAL OF ZEROS FROM BANKNOTES, IN ORDER TO STRENGTHEN THE ECONOMY" I especially like the heading of the article. This process is now on the way. Hold tight…its coming…
8-27-219 Intel Guru Frank26 ...the Central Bank of Iraq has made an announcement that they're in the the process of deleting the three zeros from their exchange rate to add value to their currency to give their citizens purchasing power within their own country at a 1 to 1 peg to the American dollar...there is no date...it's speculative...there is no maturity rate either...
8-27-2019 Intel Guru MarkZ [When will the reset be announced?] I believe it will be announced several days after we exchange...for security... years ago the reset was set up to go over a 3 day weekend…now with the speed of the QFS I believe it can go worldwide within seconds…so I do not think the 3 day weekend is as necessary to the reset as it used to be…
8-27-2019 Newshound Guru Kaperoni Iraq would never introduce coins with a currency that has 3 zeros. The zeros need to be removed first. There's only two ways to do this, either float the dinar and allow the currency to appreciate. Or redenominate/Lop and remove them all at once which is a neutral event. I assure you...talkin about some mythical RV/RI will never happen because there's too much currency in circulation. If the CBI follows the plan that changed back in 2012 which called for a market economy, we could see the dinar float rather than this LOP. Gradually appreciating in value overtime per the IMF and documented in the 2012 Article IV Consultation.
8-27-2019 Newshound/Intel Guru Mnt Goat The news for our investment could not get any better. It is moving along just as I said it would when they were ready. They are now ready. So far the educational process is right on target. In fact I am surprised the have ramped it up so much. Multiple articles every week now. Along with the increase in news articles we are now also see repeated replays of broadcast on the Iraqi TV stations about the coins and the project to delete the zeros. WOW! ...Did you buy your champagne yet?
8-27-2019 Intel Guru RayRen98 Article quotes: "The change of currency means that a new currency will replace an old currency, with a fixed exchange rate, and the zeros of the old currency will be removed or the decimal selections are removed to the left," he said, adding that "part of the currency restructuring plan and banks includes the creation of coins for trades."; "The Central Bank decided earlier to develop a plan to develop coins as part of the currency restructuring plan, which requires the approval of the House of Representatives as a strategic plan that will support the value of the Iraqi dinar in trading," This is one of the "latest" articles about the coins...this is all you need to know about the RV. Be sure to send it to [those] that are telling you it’s going to be a float.
8-27-2019 Intel Guru Eagleone2025 MY SOURCES HAVE SAID THAT WE ARE LOOKING STRONG IN SEPT. ...WH AND DC SOURCES HAVE SAID THE WINDOW IS SEPT. THEY STATED THAT THEY WANT IT DONE BY OCT. I CAN TELL U THAT THE SEPT OCT WINDOW IS VERY POSITIVE... KEEP YOUR HEAD UP AS I SAID IN JULY SEE U IN SEPT.
8-27-2019 Newshound Guru Dinar Investor - Jeff ...three week ago I told you...the best time to start reeducating the citizens...about the deletion of the zeros and the coins would be approximately 30 days out before the rate change. And notice how they started doing that around Monday of last week and they're still doing it...they can't do that too far out because the citizens are gonna forget that information...the best time to do it would be roughly 30 days out before changing the rate that way it stay fresh in their minds...
8-27-2019 Intel Guru MarkZ [via PDK] Isaac in Zurich can see the money in his account…(currencies and Historic bonds) ...it has a hold on it...he hopes to have access at any time on his currency... There are rumors of a new rate in-country possibly in Iraq...we are trying to verify this now...lots of articles out on the new coins...you can’t have coins without a new rate...does not make sense. My contacts at redemption centers are on a “heightened level”...
8-27-2019 Newshound Guru larrykn you guys are really freaking out over this Lop thing, that won't happen, they told us years ago what they had in mind and a lop was not it...they told us what they wanted to do. ...I really don't believe they will lop...
8-27-2019 Newshound Guru Adam Montana [Question from newbie - ...if they delete the zeroes, then 1,000,000 IQD becomes 1,000 IQD, and if it RVs at 1:1 then an original investment of $850 +/- for 1,000,000 IQD becomes worth $1,000?] More or less correct. That scenario is considered a lop, and is mostly a zero gain/loss scenario. If the 0's are removed from the exchange rate, it's a whole different ball game.
8-27-2019 Newshound Guru Kaperoni The odds are very high that they're going to float as long as they continue to move forward developing a market economy, I also believe a LOP is unlikely but possible. An RV or RI has zero possibility because monetary policy does not work that way. [Truth is nobody knows if it is going to be float or RV, but we do know it is not a lop,that would have happened long ago...can you imagine the investors having confidence if they lopped] I surely cannot say with absolute certainty, but I do know for a fact in 2012 the plan was to float the currency.
8-27-2019 Intel Guru MarkZ [When will the reset be announced?] I believe it will be announced several days after we exchange...for security... years ago the reset was set up to go over a 3 day weekend…now with the speed of the QFS I believe it can go worldwide within seconds…so I do not think the 3 day weekend is as necessary to the reset as it used to be…
8-27-2019 Newshound Guru Kaperoni Iraq would never introduce coins with a currency that has 3 zeros. The zeros need to be removed first. There's only two ways to do this, either float the dinar and allow the currency to appreciate. Or redenominate/Lop and remove them all at once which is a neutral event. I assure you...talkin about some mythical RV/RI will never happen because there's too much currency in circulation. If the CBI follows the plan that changed back in 2012 which called for a market economy, we could see the dinar float rather than this LOP. Gradually appreciating in value overtime per the IMF and documented in the 2012 Article IV Consultation.
8-27-2019 Newshound/Intel Guru Mnt Goat The news for our investment could not get any better. It is moving along just as I said it would when they were ready. They are now ready. So far the educational process is right on target. In fact I am surprised the have ramped it up so much. Multiple articles every week now. Along with the increase in news articles we are now also see repeated replays of broadcast on the Iraqi TV stations about the coins and the project to delete the zeros. WOW! ...Did you buy your champagne yet?
8-27-2019 Intel Guru RayRen98 Article quotes: "The change of currency means that a new currency will replace an old currency, with a fixed exchange rate, and the zeros of the old currency will be removed or the decimal selections are removed to the left," he said, adding that "part of the currency restructuring plan and banks includes the creation of coins for trades."; "The Central Bank decided earlier to develop a plan to develop coins as part of the currency restructuring plan, which requires the approval of the House of Representatives as a strategic plan that will support the value of the Iraqi dinar in trading," This is one of the "latest" articles about the coins...this is all you need to know about the RV. Be sure to send it to [those] that are telling you it’s going to be a float.
8-27-2019 Intel Guru Eagleone2025 MY SOURCES HAVE SAID THAT WE ARE LOOKING STRONG IN SEPT. ...WH AND DC SOURCES HAVE SAID THE WINDOW IS SEPT. THEY STATED THAT THEY WANT IT DONE BY OCT. I CAN TELL U THAT THE SEPT OCT WINDOW IS VERY POSITIVE... KEEP YOUR HEAD UP AS I SAID IN JULY SEE U IN SEPT.
8-27-2019 Newshound Guru Dinar Investor - Jeff ...three week ago I told you...the best time to start reeducating the citizens...about the deletion of the zeros and the coins would be approximately 30 days out before the rate change. And notice how they started doing that around Monday of last week and they're still doing it...they can't do that too far out because the citizens are gonna forget that information...the best time to do it would be roughly 30 days out before changing the rate that way it stay fresh in their minds...
8-27-2019 Intel Guru MarkZ [via PDK] Isaac in Zurich can see the money in his account…(currencies and Historic bonds) ...it has a hold on it...he hopes to have access at any time on his currency... There are rumors of a new rate in-country possibly in Iraq...we are trying to verify this now...lots of articles out on the new coins...you can’t have coins without a new rate...does not make sense. My contacts at redemption centers are on a “heightened level”...
8-27-2019 Newshound Guru larrykn you guys are really freaking out over this Lop thing, that won't happen, they told us years ago what they had in mind and a lop was not it...they told us what they wanted to do. ...I really don't believe they will lop...
8-27-2019 Newshound Guru Adam Montana [Question from newbie - ...if they delete the zeroes, then 1,000,000 IQD becomes 1,000 IQD, and if it RVs at 1:1 then an original investment of $850 +/- for 1,000,000 IQD becomes worth $1,000?] More or less correct. That scenario is considered a lop, and is mostly a zero gain/loss scenario. If the 0's are removed from the exchange rate, it's a whole different ball game.
8-27-2019 Newshound Guru Kaperoni The odds are very high that they're going to float as long as they continue to move forward developing a market economy, I also believe a LOP is unlikely but possible. An RV or RI has zero possibility because monetary policy does not work that way. [Truth is nobody knows if it is going to be float or RV, but we do know it is not a lop,that would have happened long ago...can you imagine the investors having confidence if they lopped] I surely cannot say with absolute certainty, but I do know for a fact in 2012 the plan was to float the currency.
8-26-2019 Newshound Guru Dinar Investor - Jeff ..."delete the zeros" is just that. It's when they use smaller notes to replace lager notes and is a devaluation unless the rate is increased. On March 20th Iraq already came out and told you they're going to increase the exchange rate of the Iraq dinar. So you have smaller notes coming out to replace larger notes within the country of Iraq along with an increased exchange rate. Boom there it is cut and dry...Back around 2012 the CBI already came out and said the two different currencies will coexist together within the country of Iraq. That means a 25k note will have its own unique rate and a 25 note will have its own unique rate...we're good...
8-26-2019 Intel Guru MarkZ [Where’s that GOLDEN EGG?] No Golden egg yet. We are hearing Trump may make an announcement when he gets back from the G-7...So we are to expect something when Trump hits the ground...about 8pm est? Maybe it can be activated when they are over international waters…I do not know for sure. I hear the whales will be swimming by Wednesday…
8-26-2019 Newshound Guru Kaperoni [The IMF put an imposed rate, a programmed rate on Iraq which brought on FAKE inflation, the 3 0's. The CBI must remove the zero's first before THEY can assign the true value. Market isn't involved at this point. Then, they will give the real value based on their massive reserves.] This is complete nonsense. The IMF never imposed a rate on Iraq, Iraq's exchange rate was self inflicted...
8-26-2019 Intel Guru Frank26 ...this interview we are calling the "second article" from the CBI to the citizens concerning their monetary reform...it contains the information..about...many different things but mainly they're going to introduce new small category notes, the 1, 5, 10, 20 that will coexist with the three zero notes they have right now...this was an interview solely for the citizens of Iraq to be broadcasted and constantly repeated throughout the day....24/7 it will be broadcasted for a specific amount of time...I think it'll probably start...sometime next week...Monday or Tuesday is where I'm hoping for...
8-26-2019 Intel Guru MarkZ I am hearing from a number of sources that today is our day…Political sources swear that early afternoon today is it. Redemption Center people are in meetings today...they were on call over the weekend but didn’t work. Supposedly the whales will be liquid at 9AM Reno time. No new value yet in Iraq.
8-26-2019 Newshound Guru MilitiaMan Article: "The strategic partnership between the government and the private sector is the cornerstone of Iraq's 2030 vision" Moving to a market economy is essential now. They have calculated the mechanisms to do so now. They'll also need to have the economic reforms in place at an international level to support the new economy to come. Attracting foreign capital is clearly going to come from a new exchange mechanism in place...imo.
8-26-2019 Newshound Guru Don961 Article: "Iraqi coins that were previously in use" Quotes: "there is a step to delete the zeros preceding the coinage process to be a value for small groups to large."; "It is noteworthy that the Iraqi dinar, which was equal to 3.22 dollars before Iraqs invasion of Kuwait in 1990..."
8-26-2019 Intel Guru MarkZ [Where’s that GOLDEN EGG?] No Golden egg yet. We are hearing Trump may make an announcement when he gets back from the G-7...So we are to expect something when Trump hits the ground...about 8pm est? Maybe it can be activated when they are over international waters…I do not know for sure. I hear the whales will be swimming by Wednesday…
8-26-2019 Newshound Guru Kaperoni [The IMF put an imposed rate, a programmed rate on Iraq which brought on FAKE inflation, the 3 0's. The CBI must remove the zero's first before THEY can assign the true value. Market isn't involved at this point. Then, they will give the real value based on their massive reserves.] This is complete nonsense. The IMF never imposed a rate on Iraq, Iraq's exchange rate was self inflicted...
8-26-2019 Intel Guru Frank26 ...this interview we are calling the "second article" from the CBI to the citizens concerning their monetary reform...it contains the information..about...many different things but mainly they're going to introduce new small category notes, the 1, 5, 10, 20 that will coexist with the three zero notes they have right now...this was an interview solely for the citizens of Iraq to be broadcasted and constantly repeated throughout the day....24/7 it will be broadcasted for a specific amount of time...I think it'll probably start...sometime next week...Monday or Tuesday is where I'm hoping for...
8-26-2019 Intel Guru MarkZ I am hearing from a number of sources that today is our day…Political sources swear that early afternoon today is it. Redemption Center people are in meetings today...they were on call over the weekend but didn’t work. Supposedly the whales will be liquid at 9AM Reno time. No new value yet in Iraq.
8-26-2019 Newshound Guru MilitiaMan Article: "The strategic partnership between the government and the private sector is the cornerstone of Iraq's 2030 vision" Moving to a market economy is essential now. They have calculated the mechanisms to do so now. They'll also need to have the economic reforms in place at an international level to support the new economy to come. Attracting foreign capital is clearly going to come from a new exchange mechanism in place...imo.
8-26-2019 Newshound Guru Don961 Article: "Iraqi coins that were previously in use" Quotes: "there is a step to delete the zeros preceding the coinage process to be a value for small groups to large."; "It is noteworthy that the Iraqi dinar, which was equal to 3.22 dollars before Iraqs invasion of Kuwait in 1990..."
8-25-2019 Intel Guru Bluwolf First off we are at a great moment to receive this BLESSING on schedule I might say. All is moving along according to the actual and only plan. Securities are in place and on highest of alerts so are all banks and there personnel...All leaders around the world are pushing both this Global Currency Reset and this Revaluation scenario forward and so you know there is no delays no upsets and definitely no way back and this has been guaranteed.
8-25-2019 Intel Guru Frank26 ...The interview that occurred today [Saturday] happened via an Iraqi newscast. It was an interview to be aired only inside of Iraq. It consisted of two big wigs...they met unexpectedly with the media...IMO I think it could be the Minister of Finance...and a board member of the CBI...they are going to replay this interview that you're gonna find out about tomorrow over and over and over again to give the citizens more and more understanding of what is soon to come to them in their currency reform...this interview is to explain the intent of the Central Bank of Iraq to add value to their currency for the citizens...I'm very very curious to see this interview tomorrow...the media has to release it. How is it that we got it? Our fireflies were there...
8-25-2019 Newshound Guru G-Lin Article: "Economist: The central bank follows a fiscal policy to keep the exchange rate of the dinar against the dollar steady" This sounds like a fixed rate to me. I can't imagine spending the amount of money coins will cost and not have an increase in value...
8-25-2019 Intel Guru Frank26 ...They did it again! They came back and and said, 'You know the coins? We're bringing them out. Here's why." Wow...everything is ready. It's been ready...The CBI knows that they're about to lift the zeroes. They don't need anybody talking for them anymore...The CBI knows what they are doing...when they are ready to talk they'll put out what we called the second article from the CBI...
8-25-2019 Newshound Guru Don961 Article: "Economist: Reprinting the coin will reduce the burden of paper damage" Quote: "With regard to the possibility of raising the price of the dinar against the dollar, Al-Okaili said, "The central bank is tired of a fiscal policy to keep the exchange rate of the dinar against the dollar unchanged for not entering inflation." Talking again...appears the CBI is tired of of holding the exchange rate steady/unchanged ...what do they have in mind?
8-25-2019 Newshound/Intel Guru Jeff ...in our forum we try to shoot for factual proof...that way there's no BS. After Kurdistan and Baghdad come into agreement on those items [HCL & Article 140]...what we're looking for is to see if they advance straight to the formation of the government or if they work on another task...that's gonna tell us exactly where we stand. If they move straight into the formation of the government that means there's nothing left. The stage is fully set and they're ready to change the rate. That's what we're looking for. Those facts will confirm everything for you.
8-25-2019 Newshound Guru Kaperoni We do not want them to delete the zeros, because that's a LOP. What we do want is for the rate to increase. And the only reasonable means to accomplish that is via a float allowing the dinar to rise as investment comes into Iraq. Anything else does not benefit us. ...You cannot significantly RV the dinar with excess of 42 trillion in circulation unless you can significantly reduce the money supply first. Hard to do unless gradual. ...We don't want a redenomination/LOP. Those are neutral events. It's current rate is its real value. Unless they float the currency and let market forces set the rate.
8-25-2019 Intel Guru Frank26 ...The interview that occurred today [Saturday] happened via an Iraqi newscast. It was an interview to be aired only inside of Iraq. It consisted of two big wigs...they met unexpectedly with the media...IMO I think it could be the Minister of Finance...and a board member of the CBI...they are going to replay this interview that you're gonna find out about tomorrow over and over and over again to give the citizens more and more understanding of what is soon to come to them in their currency reform...this interview is to explain the intent of the Central Bank of Iraq to add value to their currency for the citizens...I'm very very curious to see this interview tomorrow...the media has to release it. How is it that we got it? Our fireflies were there...
8-25-2019 Newshound Guru G-Lin Article: "Economist: The central bank follows a fiscal policy to keep the exchange rate of the dinar against the dollar steady" This sounds like a fixed rate to me. I can't imagine spending the amount of money coins will cost and not have an increase in value...
8-25-2019 Intel Guru Frank26 ...They did it again! They came back and and said, 'You know the coins? We're bringing them out. Here's why." Wow...everything is ready. It's been ready...The CBI knows that they're about to lift the zeroes. They don't need anybody talking for them anymore...The CBI knows what they are doing...when they are ready to talk they'll put out what we called the second article from the CBI...
8-25-2019 Newshound Guru Don961 Article: "Economist: Reprinting the coin will reduce the burden of paper damage" Quote: "With regard to the possibility of raising the price of the dinar against the dollar, Al-Okaili said, "The central bank is tired of a fiscal policy to keep the exchange rate of the dinar against the dollar unchanged for not entering inflation." Talking again...appears the CBI is tired of of holding the exchange rate steady/unchanged ...what do they have in mind?
8-25-2019 Newshound/Intel Guru Jeff ...in our forum we try to shoot for factual proof...that way there's no BS. After Kurdistan and Baghdad come into agreement on those items [HCL & Article 140]...what we're looking for is to see if they advance straight to the formation of the government or if they work on another task...that's gonna tell us exactly where we stand. If they move straight into the formation of the government that means there's nothing left. The stage is fully set and they're ready to change the rate. That's what we're looking for. Those facts will confirm everything for you.
8-25-2019 Newshound Guru Kaperoni We do not want them to delete the zeros, because that's a LOP. What we do want is for the rate to increase. And the only reasonable means to accomplish that is via a float allowing the dinar to rise as investment comes into Iraq. Anything else does not benefit us. ...You cannot significantly RV the dinar with excess of 42 trillion in circulation unless you can significantly reduce the money supply first. Hard to do unless gradual. ...We don't want a redenomination/LOP. Those are neutral events. It's current rate is its real value. Unless they float the currency and let market forces set the rate.
8-24-2019 Intel Guru Frank ...It used to be $3.22. Back in 2006 they calculated 3.2618...the Minister of Finance told them you should add 20% to that which would take you somewhere around 3.86 mark roughly...
8-24-2019 Newshound/Intel Guru Mnt Goat Article: "COMMENTED MEMBER OF THE IRAQI ECONOMIC COUNCIL SADIQ AL - MASHAT, ON THE STATEMENTS OF THE PARLIAMENTARY FINANCE COMMITTEE ON THE IRAQI GOVERNMENT 'S QUEST TO RE-WORK COINS." ...Remember ...there will be strong opposition to this bold move by the finance committee as those making billions off the existing system with 1/8 of a penny dinar will not want this change to occur. This corruption has been the hold up all along. But these days are about to be over.
8-24-2019 Intel Guru Frank26 [via Clare] ...THE PROBLEM IS YOU CANNOT SEE WHAT THEY ARE DOING INTERNALLY BECAUSE THEY ARE NOT PUBLICIZING IT…WHAT MORE IS THERE AFTER YOU TELLING ME THAT COINS ARE ABOUT TO COME OUT? ...BECAUSE 000'S WILL BE LIFTED FROM THE EXCHANGE RATE TO ADD VALUE TO YOUR CURRENCY FOR YOUR CITIZENS NEW PURCHASING POWER...? ONLY ONE THING...A NATIONAL SWITCH THAT WILL BE PUSHED...INSIDE OF A COMING WEEK THAT IS BECOMING A DAY WITH A SPECIFIC HOUR...COMING REAL SOON. …WHY? BECAUSE THE NATIONAL SWITCH THAT YOU KNOW VERY LITTLE ABOUT...IS ALSO...A WORLD SWITCH...SMILE...
8-24-2019 Newshound/Intel Guru Dinar Investor - Jeff Article: "Baghdad and Kurdistan agree on partnership in international conferences and meetings" When you look at a lot of the current articles coming out between Kurdistan and Baghdad, they're strongly suggesting/indicating that the Kurds and Baghdad have reached an agreement, just not publicly announced it. So, ultimately that's what we are waiting for...to publicly announce it...that they have agreed ...and that they have everything worked out on the oil and Article 140 for the numbers in the 2020 budget...and then after that to know if the stage is officially set, we want to see what their next actions are...do they advance straight to the formation of the government or do they do something directly after that. That's what we are looking for to know if the stage is officially set based on how fast they advance to the formation of the government. That will tell you everything you need to know.
8-24-2019 Intel Guru Frank26 ...they're [The CBI] passing out descriptions of what they're about to get. The coins and the new small category notes that will be in coexistence with the 3 zero notes that they have right now...it's inside (Iraq] only...today they went another step...
8-24-2019 Newshound/Intel Guru Mnt Goat Article: "COMMENTED MEMBER OF THE IRAQI ECONOMIC COUNCIL SADIQ AL - MASHAT, ON THE STATEMENTS OF THE PARLIAMENTARY FINANCE COMMITTEE ON THE IRAQI GOVERNMENT 'S QUEST TO RE-WORK COINS." ...Remember ...there will be strong opposition to this bold move by the finance committee as those making billions off the existing system with 1/8 of a penny dinar will not want this change to occur. This corruption has been the hold up all along. But these days are about to be over.
8-24-2019 Intel Guru Frank26 [via Clare] ...THE PROBLEM IS YOU CANNOT SEE WHAT THEY ARE DOING INTERNALLY BECAUSE THEY ARE NOT PUBLICIZING IT…WHAT MORE IS THERE AFTER YOU TELLING ME THAT COINS ARE ABOUT TO COME OUT? ...BECAUSE 000'S WILL BE LIFTED FROM THE EXCHANGE RATE TO ADD VALUE TO YOUR CURRENCY FOR YOUR CITIZENS NEW PURCHASING POWER...? ONLY ONE THING...A NATIONAL SWITCH THAT WILL BE PUSHED...INSIDE OF A COMING WEEK THAT IS BECOMING A DAY WITH A SPECIFIC HOUR...COMING REAL SOON. …WHY? BECAUSE THE NATIONAL SWITCH THAT YOU KNOW VERY LITTLE ABOUT...IS ALSO...A WORLD SWITCH...SMILE...
8-24-2019 Newshound/Intel Guru Dinar Investor - Jeff Article: "Baghdad and Kurdistan agree on partnership in international conferences and meetings" When you look at a lot of the current articles coming out between Kurdistan and Baghdad, they're strongly suggesting/indicating that the Kurds and Baghdad have reached an agreement, just not publicly announced it. So, ultimately that's what we are waiting for...to publicly announce it...that they have agreed ...and that they have everything worked out on the oil and Article 140 for the numbers in the 2020 budget...and then after that to know if the stage is officially set, we want to see what their next actions are...do they advance straight to the formation of the government or do they do something directly after that. That's what we are looking for to know if the stage is officially set based on how fast they advance to the formation of the government. That will tell you everything you need to know.
8-24-2019 Intel Guru Frank26 ...they're [The CBI] passing out descriptions of what they're about to get. The coins and the new small category notes that will be in coexistence with the 3 zero notes that they have right now...it's inside (Iraq] only...today they went another step...
8-23-2019 Intel Guru Frank26 ...You will always pay taxes ladies and gentlemen. You are going to pay your taxes. You're not gonna avoid them. You're gonna pay them with great joy of being an American citizen to help our country...When you give your money to Uncle Sam when you pay your taxes be proud of it...do your part...get professional help...this is a capital gain tax. It's that simple... [NOTE: There are disagreements in how the dinar will be taxed...Guru BobTheTaxMan feels it's going to be Ordinary Income. At the appropriate time speak with a tax professional about your personal situation.]
8-23-2019 Newshound Guru Adam Montana I'm just going to give everyone a brief...briefing... the news is slow... Bad news - we haven't heard anything HCL related. Good news - once we DO hear something about HCL, I think it's going to be an avalanche.
8-23-2019 Newshound Guru G-Lin Article: "Trade completes electronic window project" Quote: "Iraq Trade Point will activate the work of the private sector and promote the growth of the Iraqi economy and will be the focus of all international goods,"; "the completion of the electronic window project." You gotta love the word completion. IMO this is one of the most important arts. I've seen in a while...good stuff.
8-23-2019 Newshound Guru MilitiaMan Article: "Baghdad and Kurdistan agree on partnership in international conferences and meetings" Looks like they are getting along and have agreed to work together from now on... They also may have also sorted the oil between themselves as well, if not will or may very soon. imo.
8-23-2019 Newshound/Intel Guru Mnt Goat Article: "THE COMPLETION OF THE ELECTRONIC WINDOW PROJECT FOR THE IMPORT AND EXPORT TRADE" Why is this article so important? ...It is important because in order to pull this off they will need to get rid of the currency auctions and rely on dinar to pay for trade. Thus, if they do they will need to be tied in to the FOREX markets to determine the current currency rate of the dinar while trading. ...This is the platform to be used. This is exciting news and is all VERY GOOD for us. So much good news this week in progress of getting us the reinstatement of the dinar.
8-23-2019 Newshound Guru Vital Brad ...Al Sumeria TV they're talking about the fils, the coins, which is a very good sign. There's actually been a few articles talking about the coins...but what I can say is that news like this coming out is some of the best news that I've heard since I've been in this thing. Coming out with coins? That's amazing. Raising the rate of the the dinar against a dollar? Wow. They're reporting this? They're writing this? All these articles with the coins...it's an exciting time...
8-23-2019 Intel Guru MarkZ Everybody is very quiet…military contacts are expecting historic breakthrough in the next 2 days…lots of things supposed to be happening…Redemption center folks are at work today and “on call” this weekend. [Could we get 800 numbers today] we absolutely could.
8-23-2019 Newshound/Intel Guru Dinar Investor - Jeff I will only have about 3 more big news. 1: Kurdistan - Baghdad Reach Agreement 2: Form the government. 3: rate change.
8-23-2019 Newshound/Intel Guru Mnt Goat So what should we expect to see next? We are looking for news that parliament has passed the needed legislation and then sent it to the CBI for the coinage reform proposal by the Finance Committee. Then very soon the CBI should “formally” announce the new CBI director. Allaq is due to leave in early September and his replacement will then take center stage. I believe that possibly the timing of the coinage may happen about this timeframe. We also look for more news of the “project to delete the zeros” going forward once again. We also look forward to news articles to educate the citizens on the new coins for smaller categories and the update on the CBI site for the new coins...
8-23-2019 Newshound Guru Adam Montana I'm just going to give everyone a brief...briefing... the news is slow... Bad news - we haven't heard anything HCL related. Good news - once we DO hear something about HCL, I think it's going to be an avalanche.
8-23-2019 Newshound Guru G-Lin Article: "Trade completes electronic window project" Quote: "Iraq Trade Point will activate the work of the private sector and promote the growth of the Iraqi economy and will be the focus of all international goods,"; "the completion of the electronic window project." You gotta love the word completion. IMO this is one of the most important arts. I've seen in a while...good stuff.
8-23-2019 Newshound Guru MilitiaMan Article: "Baghdad and Kurdistan agree on partnership in international conferences and meetings" Looks like they are getting along and have agreed to work together from now on... They also may have also sorted the oil between themselves as well, if not will or may very soon. imo.
8-23-2019 Newshound/Intel Guru Mnt Goat Article: "THE COMPLETION OF THE ELECTRONIC WINDOW PROJECT FOR THE IMPORT AND EXPORT TRADE" Why is this article so important? ...It is important because in order to pull this off they will need to get rid of the currency auctions and rely on dinar to pay for trade. Thus, if they do they will need to be tied in to the FOREX markets to determine the current currency rate of the dinar while trading. ...This is the platform to be used. This is exciting news and is all VERY GOOD for us. So much good news this week in progress of getting us the reinstatement of the dinar.
8-23-2019 Newshound Guru Vital Brad ...Al Sumeria TV they're talking about the fils, the coins, which is a very good sign. There's actually been a few articles talking about the coins...but what I can say is that news like this coming out is some of the best news that I've heard since I've been in this thing. Coming out with coins? That's amazing. Raising the rate of the the dinar against a dollar? Wow. They're reporting this? They're writing this? All these articles with the coins...it's an exciting time...
8-23-2019 Intel Guru MarkZ Everybody is very quiet…military contacts are expecting historic breakthrough in the next 2 days…lots of things supposed to be happening…Redemption center folks are at work today and “on call” this weekend. [Could we get 800 numbers today] we absolutely could.
8-23-2019 Newshound/Intel Guru Dinar Investor - Jeff I will only have about 3 more big news. 1: Kurdistan - Baghdad Reach Agreement 2: Form the government. 3: rate change.
8-23-2019 Newshound/Intel Guru Mnt Goat So what should we expect to see next? We are looking for news that parliament has passed the needed legislation and then sent it to the CBI for the coinage reform proposal by the Finance Committee. Then very soon the CBI should “formally” announce the new CBI director. Allaq is due to leave in early September and his replacement will then take center stage. I believe that possibly the timing of the coinage may happen about this timeframe. We also look for more news of the “project to delete the zeros” going forward once again. We also look forward to news articles to educate the citizens on the new coins for smaller categories and the update on the CBI site for the new coins...
8-22-2019 Newshound/Intel Guru Mnt Goat Article: "FORMATION OF A COMMITTEE TO RAISE THE PRICE OF THE IRAQI DINAR AGAINST THE US DOLLAR" ...we know that if they issue the coins of much smaller categories, they will need to significantly raise the exchange rate of the dinar (the value is already present at 1:1). But when will they “reinstate’ the dinar back to the global currency exchanges? This is what we really want to see happen and is when we go to the bank and not a moment before...
8-22-2019 Intel Guru MarkZ [Can we exchange the dong by just walking into a bank after the reset?] Yes...but by calling the 800 numbers and making an appointment I have been told the rates will be higher. I don’t want to be the first person to exchange...
8-22-2019 Newshound Guru Kaperoni Does anyone actually believe the CBI could RV or RI the dinar at 1 to $1 or greater with an excess of 42 trillion dinars in circulation? That is 3x's the worlds money supply. It simply cannot be done. And the CBI cannot reduce the money supply overnight (in fact they mentioned the currency would remain in circulation for up to 10 years). The only possible and viable solution is a gradual reduction of the money supply with a gradual increase in the exchange rate. Such an increase in the exchange rate could occur as inflationary pressure rises on the financial system as investors bring capital to Iraq. Any other option for an increase in value just isn't viable or realistic. So we keep our fingers crossed that investors come to Iraq beginning with a 2020 budget, increased 72 trillion expenditures.
8-22-2019 Newshound/Intel Guru Mnt Goat Article: "Revealed the Finance Committee in the House of Representatives, the formation of a committee to raise the price of the Iraqi dinar against the US dollar." so this goes hand in hand with the news articles we are reading today about re-minting the coins. The best part is they actually used the terms and referenced directly the “project to delete the zeros”. This means they are getting serious about doing it now. This is what we have been waiting for and so this is super fantastic news...
8-22-2019 Intel Guru MarkZ Very little news last night. Hong Kong is still waiting...they believe its “any minute”. ...so many rumors today…nothing confirmable ...One rumor from the banking is we will see everything break loose from noon till evening. In Iraq: The sheer volume of news articles coming out of Iraq is staggering this week. It is all over the news and all over the middle east that Iraq is about to revalue their currency. No new rate posted in the gazette yet today. I still think we are at the end and I still think this week is possible. We are just waiting, which unfortunately we are all very good at.
8-22-2019 Intel Guru RayRen98 STATUS QUO IS THE SAME AS TUESDAY & WEDNESDAY... EXCHANGERS WERE "AT LOCATION" WAITING FOR THE "GO" SIGNAL ...THINGS CAN POP AT ANY MOMENT, ANY HOUR ON THURSDAY...OR ANY DAY!!
8-22-2019 Intel Guru Frank26 ...there is an explosion of information on monetary reform...the citizens now know they're gonna get a whole bunch of imports and exports coming into their markets and they also know that they're going to get purchasing power...and they know that Parliament...is working very well with the CBI...
8-22-2019 Intel/Newshound Guru sandyf ...One of the big problems is that many do not understand the difference between the monetary unit(Dinar) and the currency(IQD). Countries do not remove zeros from the currency, they are removed from the monetary unit. In a redenomination the currency IQD would retain the zeros and a new currency introduced that did not have zeros. The old Turkish lira TRL still has zeros, it was the new currency TRY that had the zeros removed. When reading articles care needs to be taken in respect of the context, are they referring to the monetary unit or the currency.
8-22-2019 Intel Guru MarkZ [Can we exchange the dong by just walking into a bank after the reset?] Yes...but by calling the 800 numbers and making an appointment I have been told the rates will be higher. I don’t want to be the first person to exchange...
8-22-2019 Newshound Guru Kaperoni Does anyone actually believe the CBI could RV or RI the dinar at 1 to $1 or greater with an excess of 42 trillion dinars in circulation? That is 3x's the worlds money supply. It simply cannot be done. And the CBI cannot reduce the money supply overnight (in fact they mentioned the currency would remain in circulation for up to 10 years). The only possible and viable solution is a gradual reduction of the money supply with a gradual increase in the exchange rate. Such an increase in the exchange rate could occur as inflationary pressure rises on the financial system as investors bring capital to Iraq. Any other option for an increase in value just isn't viable or realistic. So we keep our fingers crossed that investors come to Iraq beginning with a 2020 budget, increased 72 trillion expenditures.
8-22-2019 Newshound/Intel Guru Mnt Goat Article: "Revealed the Finance Committee in the House of Representatives, the formation of a committee to raise the price of the Iraqi dinar against the US dollar." so this goes hand in hand with the news articles we are reading today about re-minting the coins. The best part is they actually used the terms and referenced directly the “project to delete the zeros”. This means they are getting serious about doing it now. This is what we have been waiting for and so this is super fantastic news...
8-22-2019 Intel Guru MarkZ Very little news last night. Hong Kong is still waiting...they believe its “any minute”. ...so many rumors today…nothing confirmable ...One rumor from the banking is we will see everything break loose from noon till evening. In Iraq: The sheer volume of news articles coming out of Iraq is staggering this week. It is all over the news and all over the middle east that Iraq is about to revalue their currency. No new rate posted in the gazette yet today. I still think we are at the end and I still think this week is possible. We are just waiting, which unfortunately we are all very good at.
8-22-2019 Intel Guru RayRen98 STATUS QUO IS THE SAME AS TUESDAY & WEDNESDAY... EXCHANGERS WERE "AT LOCATION" WAITING FOR THE "GO" SIGNAL ...THINGS CAN POP AT ANY MOMENT, ANY HOUR ON THURSDAY...OR ANY DAY!!
8-22-2019 Intel Guru Frank26 ...there is an explosion of information on monetary reform...the citizens now know they're gonna get a whole bunch of imports and exports coming into their markets and they also know that they're going to get purchasing power...and they know that Parliament...is working very well with the CBI...
8-22-2019 Intel/Newshound Guru sandyf ...One of the big problems is that many do not understand the difference between the monetary unit(Dinar) and the currency(IQD). Countries do not remove zeros from the currency, they are removed from the monetary unit. In a redenomination the currency IQD would retain the zeros and a new currency introduced that did not have zeros. The old Turkish lira TRL still has zeros, it was the new currency TRY that had the zeros removed. When reading articles care needs to be taken in respect of the context, are they referring to the monetary unit or the currency.
8-21-2019 Newshound Guru MilitiaMan Now that they have done this, add in they told the citizens what they are going to do by showing them publicly about the NSCNs and coins to come from the CBI. The CBI told the GOI to release those articles for a purpose. That is to stimulate them imo to keep opening accounts as the NSCNs are coming. So...look for the BANKS to start talking to the citizens more and more...They let the cat out of the bag!!! imo...This article is more evidence of it! imo [post 2 of 2]
8-21-2019 Newshound Guru MilitiaMan Article: "Trade completes electronic window project" Quote: "Iraq Trade Point will activate the work of the private sector and promote the growth of the Iraqi economy and will be the focus of all international goods," Franks Teams [Guru Frank26] told us about this to come, the "DEDICATED WINDOW" has arrived. This is timed so that to facilitate imports and exports for global goods. The licensing is in place. They could be setting the stage for interconnection with the ISX and NASDAQ in the short term as well. Investors will be looking to do business and what a place to create that environment now that this has "been done". [post 1 of 2....stay tuned]
8-21-2019 Newshound Guru Kaperoni A couple of very nice articles...came out talking about raising the value of the dinar against other currencies and introducing coins into the market. ...but no where does it say this would occur overnight. [When will this happen] ...if all things go as planned they're planning launch the market economy the first of next year by adding 72 trillion dinars to the 2020 budget. But this is Iraq.
8-21-2019 Newshound Guru future "Finance Committee: Reinstating the civil currency and deleting zeros" Quote: "The Finance Committee in the House of Representatives, on the trend to reintroduce the coin...stressing the importance of pre-empting the coinage process step by "deleting zeros" from the current currencies to be valuable for small cash groups" lots of talk about coins (fils)...small cash groups = lower denoms... seems these coins are gonna play a major role in the market place...vendors etc. ...need new value...i am still looking for an an increase before october 1...
8-21-2019 Newshound/Intel Guru Mnt Goat ...the flood gates have opened and the news is pouring in. ...The parliamentary finance committee has decided that the CBI needs to move to the next step of the “project to delete the zeros” and put the Iraqi dinar on a “level playing field” with the rest of the middle east currencies. Yesterday they came out with the announcement to re-mint the Iraq coins once again. They are saying they now need to put together legislation in which to give the CBI permission to do so...
8-21-2019 Intel Guru RayRen98 EVERYTHING REMAINS THE SAME TODAY, BANKERS ARE EXCITED AND STAND "AT THE READY" ....JUST A-WAITIN' FOR THE RELEASE.
8-21-2019 Intel Guru MarkZ [via PDK] There was not a lot of news overnight…I know we are tired of this “minute to minute” wait…but...I only share what I am told. Lots of people in Zurich, Asia, sitting on the edge of their seats today. I spoke with 2 contacts in Europe are still expecting it to happen today...they thought it was yesterday...but it didn’t happen. Iraq still has the same old street value. My contacts at the Redemption Centers are sitting there twiddling their thumbs today…still hearing its “anytime”. I am still excited about this week.
8-21-2019 Newshound Guru G-Lin Article: "What's the use of coins at the moment" Quote: "The "Finance Committee in the Iraqi Council of Representatives announced on Monday (19-August-2019) the" government direction to reinstate the currency and delete zeros from paper currency in order to strengthen the national economy." I think this is the first time I've seen the word reinstate. I like it. re·in·state (rē′ĭn-stāt′) 1. To bring back into use or existence. 2. To restore to a previous condition or position.
8-21-2019 Newshound/Intel Guru Dinar Investor - Jeff ...They're at the point where they'd be finished setting the stage for the citizens...Notice how they start releasing brand new articles talking about the deletion of the zeros (meaning change the rate)...They're doing that to educate the citizens...I gave you my personal target date of 9-21 or 9-22. Notice how Iraq just put all these articles out roughly thirty days before my target. This level of education can only be done at the very end when they're about to do this. That way it's fresh in the minds of the citizens...this is huge information what we are seeing on the deletion of the zeros and how it's used as a tool to control inflation and when the rate does change how they're going to be releasing the lower denoms along with coins. That's an education step for the citizens but my point is it can only be done at the very end...
8-21-2019 Intel Guru Frank26 Everyone knows... The US Treasury, the Iraqi citizens, the CBI, the GOI, the IMF…Everyone knows. Iraq is now on fire with the reinstatement of their currency.
8-21-2019 Newshound Guru MilitiaMan Article: "Trade completes electronic window project" Quote: "Iraq Trade Point will activate the work of the private sector and promote the growth of the Iraqi economy and will be the focus of all international goods," Franks Teams [Guru Frank26] told us about this to come, the "DEDICATED WINDOW" has arrived. This is timed so that to facilitate imports and exports for global goods. The licensing is in place. They could be setting the stage for interconnection with the ISX and NASDAQ in the short term as well. Investors will be looking to do business and what a place to create that environment now that this has "been done". [post 1 of 2....stay tuned]
8-21-2019 Newshound Guru Kaperoni A couple of very nice articles...came out talking about raising the value of the dinar against other currencies and introducing coins into the market. ...but no where does it say this would occur overnight. [When will this happen] ...if all things go as planned they're planning launch the market economy the first of next year by adding 72 trillion dinars to the 2020 budget. But this is Iraq.
8-21-2019 Newshound Guru future "Finance Committee: Reinstating the civil currency and deleting zeros" Quote: "The Finance Committee in the House of Representatives, on the trend to reintroduce the coin...stressing the importance of pre-empting the coinage process step by "deleting zeros" from the current currencies to be valuable for small cash groups" lots of talk about coins (fils)...small cash groups = lower denoms... seems these coins are gonna play a major role in the market place...vendors etc. ...need new value...i am still looking for an an increase before october 1...
8-21-2019 Newshound/Intel Guru Mnt Goat ...the flood gates have opened and the news is pouring in. ...The parliamentary finance committee has decided that the CBI needs to move to the next step of the “project to delete the zeros” and put the Iraqi dinar on a “level playing field” with the rest of the middle east currencies. Yesterday they came out with the announcement to re-mint the Iraq coins once again. They are saying they now need to put together legislation in which to give the CBI permission to do so...
8-21-2019 Intel Guru RayRen98 EVERYTHING REMAINS THE SAME TODAY, BANKERS ARE EXCITED AND STAND "AT THE READY" ....JUST A-WAITIN' FOR THE RELEASE.
8-21-2019 Intel Guru MarkZ [via PDK] There was not a lot of news overnight…I know we are tired of this “minute to minute” wait…but...I only share what I am told. Lots of people in Zurich, Asia, sitting on the edge of their seats today. I spoke with 2 contacts in Europe are still expecting it to happen today...they thought it was yesterday...but it didn’t happen. Iraq still has the same old street value. My contacts at the Redemption Centers are sitting there twiddling their thumbs today…still hearing its “anytime”. I am still excited about this week.
8-21-2019 Newshound Guru G-Lin Article: "What's the use of coins at the moment" Quote: "The "Finance Committee in the Iraqi Council of Representatives announced on Monday (19-August-2019) the" government direction to reinstate the currency and delete zeros from paper currency in order to strengthen the national economy." I think this is the first time I've seen the word reinstate. I like it. re·in·state (rē′ĭn-stāt′) 1. To bring back into use or existence. 2. To restore to a previous condition or position.
8-21-2019 Newshound/Intel Guru Dinar Investor - Jeff ...They're at the point where they'd be finished setting the stage for the citizens...Notice how they start releasing brand new articles talking about the deletion of the zeros (meaning change the rate)...They're doing that to educate the citizens...I gave you my personal target date of 9-21 or 9-22. Notice how Iraq just put all these articles out roughly thirty days before my target. This level of education can only be done at the very end when they're about to do this. That way it's fresh in the minds of the citizens...this is huge information what we are seeing on the deletion of the zeros and how it's used as a tool to control inflation and when the rate does change how they're going to be releasing the lower denoms along with coins. That's an education step for the citizens but my point is it can only be done at the very end...
8-21-2019 Intel Guru Frank26 Everyone knows... The US Treasury, the Iraqi citizens, the CBI, the GOI, the IMF…Everyone knows. Iraq is now on fire with the reinstatement of their currency.
8-20-2019 Intel Guru MarkZ Everybody still on high alert...Military contacts still believe today could be the kick off.
8-20-2019 Newshound Guru Kaperoni Countries that LOP or redenominate due to failed monetary policy such as hyperinflation, tend to create monetary illusion which is usually done as a last resort. Ultimately, this usually fails again. Iraq has been very successful, therefore not a candidate for such an event.
8-20-2019 Newshound Guru RVAlready I think we are about done. :) ...With Iraq advertising coins on TV, this has to be about over.
8-20-2019 Newshound Guru larrykn Article: "MP Talal Khodier stripped of parliamentary immunity over corruption charges" seem to me they are attacking everyone that is corrupt or slowing the govenment down, looks like a big move is happening now...this could be good news for all of us.
8-20-2019 Intel Guru MarkZ [I hear rates are now on the front screen] I have asked contacts this...they say they can not confirm or deny.
8-20-2019 Intel Guru Frank26 ..."EVERYONE KNOWS!!!" LOL. YES SIR. TODAY...THERE IS MORE AND YOU ARE READING IT !!! NOW PAY ATTENTION TO THE NEXT CLUSTERING OF POLITICAL POSTURING TO SEE THE SOURCES THAT ARE COMING OUT AND TALKING STRAIGHT FORWARD...SOUNDING LOGICAL ABOUT THE IRAQI DINAR SOON TO HAVE A CHANGE IN ITS VALUE BY THE REMOVING OF THE 000'S AND INTRODUCING NEW SMALL CATEGORY NOTES AND THEIR FILS...THE COINS THAT AUTOMATICALLY EQUAL A CHANGE IN THEIR EXCHANGE RATE...PREPARE YOURSELF TO DO THE IMPOSSIBLE...
8-20-2019 Newshound/Intel Guru Dinar Investor - Jeff The formation of the government...is the linchpin...Iraq has delayed the formation of the government this entire year so they could set the stage...In my opinion the setting of the stage ends at the end of August and that's why they have the formation of the government set for September. But now they have a brand new pattern coming into the news as the setting of the stage suggests to be ending in August...
8-20-2019 Newshound Guru MilitiaMan "the Finance Committee will work to raise the price of the dinar against the dollar and give it strength among other currencies in the Arab world, or at least maintain the current exchange rate to have monetary power within Local market.“ This is not talking about a program rate! Imo.
8-20-2019 Intel Guru MarkZ [via PDK] Contacts are sitting at the edge of their seats – waiting for the release today…Rumor that 5 of the 8 800 numbers have been sent out to the people who were to release them. …I have not been able to verify it….many, many people are thinking its today... Spoke to 2 contacts in Europe…they are looking for a release today... I think today is our day. I expect one of three things... 1. Money at our level 2. Information on exactly where we are 3. Both. As of last night in Iraq I hear they are still using the old rates.
8-20-2019 Newshound Guru Vital Brad ...I found the current rates of all the countries within Iraq's region...Iraq's right there...at .00083. It's the lowest besides Iran with everything that's going on in Iran right now...Kuwait: one Kuwaiti dinar is 3.28 US dollars so it's a very valuable currency...Jordon: 1.41...Turkey: .17 ... Saudi Arabia .26 . So Iraq's currency is way undervalued for the amount of oil that it carries...
8-20-2019 Intel Guru Frank26 ...We have a total of about 21 articles about the coins...yeah this is impressive... article after article after article after article about the coins...This step is monumental. This step is as close as you can get to the "second article" from the CBI...that will explain everything to the citizens step-by-step. Article "The Finance Committee in the House of Representatives revealed that there is a tendency to reintroduce the coin..." ...when they do reinstate their currency they will use the ATM machines and the banks to distribute the new small category notes...the citizens now know even though it's not yet directly from the CBI...
8-20-2019 Intel Guru Delta URGENT FROM IRAQI TV: "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies." IT'S ALL OVER THE NEWS NOW ALL ABOUT RAISING THE VALUE...
8-20-2019 Newshound/Intel Guru Dinar Investor - Jeff ...they are telling us...coins are needed when you have a higher exchange rate such as Kuwait...you can't have coins in circulation in your country unless you have a fair exchange rate. Article: "Deleting of Zeroes Curbs Inflation" They need to delete the zeroes to curb inflation that will allow them to mint coins and they will have a higher exchange rate from the deletion of the zeroes to support and sustain and allow for the minting and use of coins within their currency. [post 2 of 2]
8-20-2019 Newshound/Intel Guru Dinar Investor - Jeff Today we had articles on coins, their importance and significance and how they're related to changing the rate which is deleting the zeroes...These articles are from the Finance Committee... But there's another layer to this...the foundation or starting point for all of this. Article: "Directed To re-work the Coin" Quote: "Bank of Iraq, aimed at raising the dinar exchange rate and maintaining the stability of inflation" ...The reason they are saying they need to increase the dinar exchange rate to maintain stability of the inflation...that's actually the foundation right now for deleting the zeroes and implementing lower denoms...plus coins. [post 1 of 2....stay tuned]
8-20-2019 Newshound Guru Kaperoni Countries that LOP or redenominate due to failed monetary policy such as hyperinflation, tend to create monetary illusion which is usually done as a last resort. Ultimately, this usually fails again. Iraq has been very successful, therefore not a candidate for such an event.
8-20-2019 Newshound Guru RVAlready I think we are about done. :) ...With Iraq advertising coins on TV, this has to be about over.
8-20-2019 Newshound Guru larrykn Article: "MP Talal Khodier stripped of parliamentary immunity over corruption charges" seem to me they are attacking everyone that is corrupt or slowing the govenment down, looks like a big move is happening now...this could be good news for all of us.
8-20-2019 Intel Guru MarkZ [I hear rates are now on the front screen] I have asked contacts this...they say they can not confirm or deny.
8-20-2019 Intel Guru Frank26 ..."EVERYONE KNOWS!!!" LOL. YES SIR. TODAY...THERE IS MORE AND YOU ARE READING IT !!! NOW PAY ATTENTION TO THE NEXT CLUSTERING OF POLITICAL POSTURING TO SEE THE SOURCES THAT ARE COMING OUT AND TALKING STRAIGHT FORWARD...SOUNDING LOGICAL ABOUT THE IRAQI DINAR SOON TO HAVE A CHANGE IN ITS VALUE BY THE REMOVING OF THE 000'S AND INTRODUCING NEW SMALL CATEGORY NOTES AND THEIR FILS...THE COINS THAT AUTOMATICALLY EQUAL A CHANGE IN THEIR EXCHANGE RATE...PREPARE YOURSELF TO DO THE IMPOSSIBLE...
8-20-2019 Newshound/Intel Guru Dinar Investor - Jeff The formation of the government...is the linchpin...Iraq has delayed the formation of the government this entire year so they could set the stage...In my opinion the setting of the stage ends at the end of August and that's why they have the formation of the government set for September. But now they have a brand new pattern coming into the news as the setting of the stage suggests to be ending in August...
8-20-2019 Newshound Guru MilitiaMan "the Finance Committee will work to raise the price of the dinar against the dollar and give it strength among other currencies in the Arab world, or at least maintain the current exchange rate to have monetary power within Local market.“ This is not talking about a program rate! Imo.
8-20-2019 Intel Guru MarkZ [via PDK] Contacts are sitting at the edge of their seats – waiting for the release today…Rumor that 5 of the 8 800 numbers have been sent out to the people who were to release them. …I have not been able to verify it….many, many people are thinking its today... Spoke to 2 contacts in Europe…they are looking for a release today... I think today is our day. I expect one of three things... 1. Money at our level 2. Information on exactly where we are 3. Both. As of last night in Iraq I hear they are still using the old rates.
8-20-2019 Newshound Guru Vital Brad ...I found the current rates of all the countries within Iraq's region...Iraq's right there...at .00083. It's the lowest besides Iran with everything that's going on in Iran right now...Kuwait: one Kuwaiti dinar is 3.28 US dollars so it's a very valuable currency...Jordon: 1.41...Turkey: .17 ... Saudi Arabia .26 . So Iraq's currency is way undervalued for the amount of oil that it carries...
8-20-2019 Intel Guru Frank26 ...We have a total of about 21 articles about the coins...yeah this is impressive... article after article after article after article about the coins...This step is monumental. This step is as close as you can get to the "second article" from the CBI...that will explain everything to the citizens step-by-step. Article "The Finance Committee in the House of Representatives revealed that there is a tendency to reintroduce the coin..." ...when they do reinstate their currency they will use the ATM machines and the banks to distribute the new small category notes...the citizens now know even though it's not yet directly from the CBI...
8-20-2019 Intel Guru Delta URGENT FROM IRAQI TV: "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies." IT'S ALL OVER THE NEWS NOW ALL ABOUT RAISING THE VALUE...
8-20-2019 Newshound/Intel Guru Dinar Investor - Jeff ...they are telling us...coins are needed when you have a higher exchange rate such as Kuwait...you can't have coins in circulation in your country unless you have a fair exchange rate. Article: "Deleting of Zeroes Curbs Inflation" They need to delete the zeroes to curb inflation that will allow them to mint coins and they will have a higher exchange rate from the deletion of the zeroes to support and sustain and allow for the minting and use of coins within their currency. [post 2 of 2]
8-20-2019 Newshound/Intel Guru Dinar Investor - Jeff Today we had articles on coins, their importance and significance and how they're related to changing the rate which is deleting the zeroes...These articles are from the Finance Committee... But there's another layer to this...the foundation or starting point for all of this. Article: "Directed To re-work the Coin" Quote: "Bank of Iraq, aimed at raising the dinar exchange rate and maintaining the stability of inflation" ...The reason they are saying they need to increase the dinar exchange rate to maintain stability of the inflation...that's actually the foundation right now for deleting the zeroes and implementing lower denoms...plus coins. [post 1 of 2....stay tuned]
8-19-2019 Newshound Guru chattels Article quote: "The delegation of the Kurdistan Regional Government will go to Baghdad during the coming days based on the previous mutual visits, where it was decided to form committees on the oil and budget and Article 140." I am slightly hopeful that Mahdi can resolve some issues with the Kurds. The Kurds seem to like and trust him. The political forces opposing Mahdi in Baghdad are substantial. Many would just as soon crush the Kurds. Rightfully or wrongly, I have believed for a long time that stability in Iraq and the eventuality of our liquidity event depend upon the Kurds indirectly. Mahdi seems our best hope for stability in Iraq, IMO.
8-19-2019 Newshound Guru Kaperoni Article: "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies."
8-19-2019 Intel Guru RayRen98 Various Bank Sources are reporting the following...
A. "Just received a memo stating to get ready, no rates were seen."
B. "Some bank staff were told to report to their "Exchange Center" today."
C. "My Wealth Manager told me to get excited and that we would speak later this evening."
D. "My bank contact wouldn't answer his phone. He told me if he doesn't answer, it's because he's at the "Exchange Center" and can't talk on the phone."
Each message is from a different banking institution, all Tier 1 banks. Members...are reporting their bank contacts not answering their calls...hmmm?
8-19-2019 Newshound Guru Don961 Article: "...Coins that have been used in Iraq over the past decades must be restored"
8-19-2019 Intel Guru Frank26 Article quote: "...The Finance Committee in the House of Representatives revealed that there is a tendency to reintroduce the coin, which has been used for decades in the country, while members of the Committee proposed to pre-empt the coin minting process by "deleting zeros" from the current currencies to be of value to the small cash groups."
8-19-2019 Intel Guru MarkZ [via PDK] According to Reno paymaster - he is expecting funding overnight and instantly accessible in the morning. No new rate in Iraq yet..they do have great and high expectations. Redemption center contacts are in early morning meetings…should have a update by noon.
8-19-2019 Intel Guru Delta [When do they do 2020 budget?] PARLIAMENT WILL GET IT NEXT MONTH...
8-19-2019 Intel Guru Frank26 Hypothetical Question: Okay, I'm at the bank...What do I do now? ...Start bartering! It depends on your power and how many you have...if not you don't have room to barter...remember what I told you, You are Mr. Clampett. They are Mr. Drysdale. Act accordingly. Demand what is yours. Do not settle for anything less...
8-19-2019 Newshound/Intel Guru Dinar Investor - Jeff Iraq is not Article VIII until they physically make their currency internationally recognized and/or they change the rate...roughly from the beginning of 2018...Iraq started rolling out the MasterCards and the Visas suggesting they're now international. They're partially international. Not 100%. Here's what it is. The Iraqi citizens have to be able to travel abroad and purchase things off the internet and live a normal life the way you and I do...Don't get too excited about this because they've been doing this since the beginning of 2018...it's nothing to get too excited about because they've been doing this for over a year now...It's good news regardless. It shows we're getting close but it's nothing to get super excited about...
8-19-2019 Intel Guru RayRen98 Iraqi TV was broadcasting that the government is implementing reforms to attract investment revenue. News casters are reporting that citizens receiving the new cards has surpassed 80% with 90% completion projected in the coming days. Western Union announced that effective Sunday, citizens will be able to send Dinar outside of the country.
8-19-2019 Newshound Guru Kaperoni Article: "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies."
8-19-2019 Intel Guru RayRen98 Various Bank Sources are reporting the following...
A. "Just received a memo stating to get ready, no rates were seen."
B. "Some bank staff were told to report to their "Exchange Center" today."
C. "My Wealth Manager told me to get excited and that we would speak later this evening."
D. "My bank contact wouldn't answer his phone. He told me if he doesn't answer, it's because he's at the "Exchange Center" and can't talk on the phone."
Each message is from a different banking institution, all Tier 1 banks. Members...are reporting their bank contacts not answering their calls...hmmm?
8-19-2019 Newshound Guru Don961 Article: "...Coins that have been used in Iraq over the past decades must be restored"
8-19-2019 Intel Guru Frank26 Article quote: "...The Finance Committee in the House of Representatives revealed that there is a tendency to reintroduce the coin, which has been used for decades in the country, while members of the Committee proposed to pre-empt the coin minting process by "deleting zeros" from the current currencies to be of value to the small cash groups."
8-19-2019 Intel Guru MarkZ [via PDK] According to Reno paymaster - he is expecting funding overnight and instantly accessible in the morning. No new rate in Iraq yet..they do have great and high expectations. Redemption center contacts are in early morning meetings…should have a update by noon.
8-19-2019 Intel Guru Delta [When do they do 2020 budget?] PARLIAMENT WILL GET IT NEXT MONTH...
8-19-2019 Intel Guru Frank26 Hypothetical Question: Okay, I'm at the bank...What do I do now? ...Start bartering! It depends on your power and how many you have...if not you don't have room to barter...remember what I told you, You are Mr. Clampett. They are Mr. Drysdale. Act accordingly. Demand what is yours. Do not settle for anything less...
8-19-2019 Newshound/Intel Guru Dinar Investor - Jeff Iraq is not Article VIII until they physically make their currency internationally recognized and/or they change the rate...roughly from the beginning of 2018...Iraq started rolling out the MasterCards and the Visas suggesting they're now international. They're partially international. Not 100%. Here's what it is. The Iraqi citizens have to be able to travel abroad and purchase things off the internet and live a normal life the way you and I do...Don't get too excited about this because they've been doing this since the beginning of 2018...it's nothing to get too excited about because they've been doing this for over a year now...It's good news regardless. It shows we're getting close but it's nothing to get super excited about...
8-19-2019 Intel Guru RayRen98 Iraqi TV was broadcasting that the government is implementing reforms to attract investment revenue. News casters are reporting that citizens receiving the new cards has surpassed 80% with 90% completion projected in the coming days. Western Union announced that effective Sunday, citizens will be able to send Dinar outside of the country.
8-18-2019 Intel Guru Frank26 ...every bank has an 800 number...for someone to tell you "I have an 800 number that is the only number that you can call to exchange your currency." I don't know about that. That's not true. That's erroneous. That's powerfully wrong. It's dangerous to even say something like that in my opinion...I disagree strongly...I don't know anything about those numbers and I don't want anything to do with it. Every bank has an 800 number...
8-18-2019 Newshound/Intel Guru RVAlready ...with MasterCard being international, there is reason to let this go. Especially as CBI is sponsoring MasterCard. If we do not start exchanging, MasterCard is going to get a lot of business. Iraq is ready...we are still in the window...Road is about done!
8-18-2019 Newshound Guru G-Lin Article: "Legal clarifies the decision of the Federal Court on the entry into force of Article 140 of the Constitution" I believe this is about the legality of Art. 140 and the court ruled that it will stand as written in the constitution. The question was about the expiration date of 12/31/2007 for implementation as stated in Art. 140 and the court said it would require a constitutional amendment to change or do away with Art. 140. I think this is a good thing for sure. And interesting timing. We know the profit sharing portion of HCL has already been addressed. As usual it seems to be all about the implementation with Iraq. Art. 140 was good to go 12 years ago...
8-18-2019 Newshound Guru chattels Article quote: "The summary of the above shows us that exceeding the constitutional deadlines is not intended to drop its articles because this requires an amendment in accordance with the mechanisms set forth in the Constitution itself, but to determine the responsibility of the body that is responsible for implementing them and if they exceed them are held accountable in accordance with the constitutional contexts of the concerned authorities " Amendment of the Constitution is required if Article 140 was not to have force and effect prospectively or to be "dropped". Thank your lucky stars that no amendment of the Constitution is necessary. Amendment of the Constitution requires a super majority vote of the Parliament. The Iraqi Parliament cannot agree upon the time of day under such requirements.
8-18-2019 Newshound/Intel Guru Dinar Investor - Jeff You're not going to see anything until...the second half of September... Remember last week they came into monies. They said they were adding 170 billion dinar to the '19 budget for reconstruction for Baghdad only and then also...the Kurds told them that they were going to release the Kuwait reconstruction money...to Baghdad. ...You have to look at accounting periods because this is the movement of a large amount of money. So the fact that they came into all this money in the middle of Q-3...that money is for Q-4...they have to walk into Q-4 with that money...Your target is Q-3 in this. This article is confirming we are looking really good. IMO.
8-18-2019 Newshound/Intel Guru RVAlready ...with MasterCard being international, there is reason to let this go. Especially as CBI is sponsoring MasterCard. If we do not start exchanging, MasterCard is going to get a lot of business. Iraq is ready...we are still in the window...Road is about done!
8-18-2019 Newshound Guru G-Lin Article: "Legal clarifies the decision of the Federal Court on the entry into force of Article 140 of the Constitution" I believe this is about the legality of Art. 140 and the court ruled that it will stand as written in the constitution. The question was about the expiration date of 12/31/2007 for implementation as stated in Art. 140 and the court said it would require a constitutional amendment to change or do away with Art. 140. I think this is a good thing for sure. And interesting timing. We know the profit sharing portion of HCL has already been addressed. As usual it seems to be all about the implementation with Iraq. Art. 140 was good to go 12 years ago...
8-18-2019 Newshound Guru chattels Article quote: "The summary of the above shows us that exceeding the constitutional deadlines is not intended to drop its articles because this requires an amendment in accordance with the mechanisms set forth in the Constitution itself, but to determine the responsibility of the body that is responsible for implementing them and if they exceed them are held accountable in accordance with the constitutional contexts of the concerned authorities " Amendment of the Constitution is required if Article 140 was not to have force and effect prospectively or to be "dropped". Thank your lucky stars that no amendment of the Constitution is necessary. Amendment of the Constitution requires a super majority vote of the Parliament. The Iraqi Parliament cannot agree upon the time of day under such requirements.
8-18-2019 Newshound/Intel Guru Dinar Investor - Jeff You're not going to see anything until...the second half of September... Remember last week they came into monies. They said they were adding 170 billion dinar to the '19 budget for reconstruction for Baghdad only and then also...the Kurds told them that they were going to release the Kuwait reconstruction money...to Baghdad. ...You have to look at accounting periods because this is the movement of a large amount of money. So the fact that they came into all this money in the middle of Q-3...that money is for Q-4...they have to walk into Q-4 with that money...Your target is Q-3 in this. This article is confirming we are looking really good. IMO.
8-17-2019 Newshound/Intel Guru RVAlready Seems that the BANG BANG BANG at the BANG BANG BANG at the front door could be the RV trying to come in. I suspect it will be taken care of by Monday morning.
8-17-2019 Newshound/Intel Dinar Investor - Jeff Article "Legal clarifies the decision of the Federal Court on the entry into force of Article 140 of the constitution". This article is confirming everything that I'm sharing with you...don't forget Article 140 was enacted back in 2005. This article tells you it has to be amended...this plus the HCL can only happen at the very end. This is telling you guys were at the end of this ride. There is no question. We know that for a fact...that means...you're waiting until the second half of September...we look really good.
8-17-2019 Intel Guru Frank26 ...on TV they are saying the Iraqi government is implementing reforms...to attract investment. To boost growth and infrastructure and wanting to create new jobs...they say this will change Iraq's economy...They even showed a video on this...news saying over 80% of citizens have cards now and will have over 90% in a short period of time...We are seeing more and more commercials on the electronic billboards today. Hear all about citizens using our new cards (Visa and MasterCard) at the new ATMs in commercials. This is all over town...Western Union says on Sunday that...Iraqi citizens can send the Iraqi Dinar outside of their country.
8-17-2019 Newshound/Intel Guru Mnt Goat Article: "NO CONFIDENCE VOTE ON MAHDI UNTIL AT LEAST SECOND LEGISLATIVE TERM" relax everyone. Mahdi is not going anywhere!
8-17-2019 Newshound/Intel Dinar Investor - Jeff Article "Legal clarifies the decision of the Federal Court on the entry into force of Article 140 of the constitution". This article is confirming everything that I'm sharing with you...don't forget Article 140 was enacted back in 2005. This article tells you it has to be amended...this plus the HCL can only happen at the very end. This is telling you guys were at the end of this ride. There is no question. We know that for a fact...that means...you're waiting until the second half of September...we look really good.
8-17-2019 Intel Guru Frank26 ...on TV they are saying the Iraqi government is implementing reforms...to attract investment. To boost growth and infrastructure and wanting to create new jobs...they say this will change Iraq's economy...They even showed a video on this...news saying over 80% of citizens have cards now and will have over 90% in a short period of time...We are seeing more and more commercials on the electronic billboards today. Hear all about citizens using our new cards (Visa and MasterCard) at the new ATMs in commercials. This is all over town...Western Union says on Sunday that...Iraqi citizens can send the Iraqi Dinar outside of their country.
8-17-2019 Newshound/Intel Guru Mnt Goat Article: "NO CONFIDENCE VOTE ON MAHDI UNTIL AT LEAST SECOND LEGISLATIVE TERM" relax everyone. Mahdi is not going anywhere!
8-16-2019 Intel Guru MarkZ [via PDK] We are hearing a hard date/line in the sand has been given to Mr. Trump... Do not know that date... ...Many think we will be banking on Monday. I have heard from several banking sources that the QFS has already started... Iraq said they would pay their employees by MasterCard by next week. They were supposed to be paid starting the 15th with a new rate...we are very hopeful we are about to see it everywhere...
8-16-2019 Newshound/Intel Guru Mnt Goat Article: "ARTICLE 140 WILL BE ENFORCED" IS ARTICLE 140 ALL COMPLETED? …Article 140 is not completed and needs a legal referendum...Again I am telling everyone that Article 140 is required. It is part of the new Iraqi constitution and the entire constitution must be implemented and enforced prior to the reinstatement...
8-16-2019 Newshound Guru Kaperoni Article today says the CBI reserves are up to 72 billion.
8-16-2019 Intel Guru Frank26 ...parliament made it very clear on television...purchasing power...in the first term session...the world knows they're Article VIII. It's not a secret. Now purchasing power is what the citizens want. Right now though they're cleaning everything up...
8-16-2019 Newshound/Intel Guru Mnt Goat Articles: "A COURT ORDER WAS ISSUED APPOINTING AN INSPECTOR GENERAL IN THE CENTRAL BANK OF IRAQ"; "APPOINTMENT OF AN INSPECTOR OF THE CENTRAL BANK OF IRAQ, USUALLY VIOLATED HIS INDEPENDENCE AND EXCEEDED ITS LAW" This is WOW! news! ...This yet another step in cleaning up the corruption in the CBI...The new law passed this year, the Financial Management Law states that an inspector general will be appointed over the CBI. The positions has very specific auditing responsibilities and will not interfere with monetary policy. So we are witnessing them implement this new law. This is all very good for us.
8-16-2019 Newshound Guru Kaperoni I find it funny that the guru's talk about ATM machines as if they're not working, and some mythical RV must happen for them to work. Wrong! They're fully operational right now and have been so for quite some time dispensing dinar notes at the current exchange rate.
8-16-2019 Newshound/Intel Guru Mnt Goat Article: "ARTICLE 140 WILL BE ENFORCED" IS ARTICLE 140 ALL COMPLETED? …Article 140 is not completed and needs a legal referendum...Again I am telling everyone that Article 140 is required. It is part of the new Iraqi constitution and the entire constitution must be implemented and enforced prior to the reinstatement...
8-16-2019 Newshound Guru Kaperoni Article today says the CBI reserves are up to 72 billion.
8-16-2019 Intel Guru Frank26 ...parliament made it very clear on television...purchasing power...in the first term session...the world knows they're Article VIII. It's not a secret. Now purchasing power is what the citizens want. Right now though they're cleaning everything up...
8-16-2019 Newshound/Intel Guru Mnt Goat Articles: "A COURT ORDER WAS ISSUED APPOINTING AN INSPECTOR GENERAL IN THE CENTRAL BANK OF IRAQ"; "APPOINTMENT OF AN INSPECTOR OF THE CENTRAL BANK OF IRAQ, USUALLY VIOLATED HIS INDEPENDENCE AND EXCEEDED ITS LAW" This is WOW! news! ...This yet another step in cleaning up the corruption in the CBI...The new law passed this year, the Financial Management Law states that an inspector general will be appointed over the CBI. The positions has very specific auditing responsibilities and will not interfere with monetary policy. So we are witnessing them implement this new law. This is all very good for us.
8-16-2019 Newshound Guru Kaperoni I find it funny that the guru's talk about ATM machines as if they're not working, and some mythical RV must happen for them to work. Wrong! They're fully operational right now and have been so for quite some time dispensing dinar notes at the current exchange rate.
8-15-2019 Newshound/Intel Guru Mnt Goat We still wait for the banking reforms to take hold. The CBI is still in the last phase of getting people on the credit and debit cards...The ATMs are up and working. They are distributing mostly the 250, 500 and 1,000 notes. Just recently they also re-introduced the 50 dinar notes too. The other planned smaller category notes are NOT yet in circulation but are being planned as the economic conditions dictate. ...I do see our newest window could be until the end of August until the new session of parliament on Sept 3rd begins... I say this...because parliament told us themselves this was their plan to implement the currency reform before the end of the first session of parliament. We are getting close to the end. In fact, they are already on recess and the end is technically already here. So, this window I speak of may already be all for nothing. But let’s wait it out and see what happens.
8-15-2019 Newshound/Intel Guru Dinar Investor - Jeff ...If they release lower denoms before the rate changes the first thing is people would have to carry large sacks or duffel bags of lower denoms and coins to the stores to buy consumer goods...the fastest way they piss the citizens off is if they have to start carrying very large bags of currency...because the rate hasn't changed...second...if you released smaller notes to replace bigger notes and you don't change the rate you've just devalued your currency...On March 20th the CBI already came out and said they plan to increase the exchange rate of the Iraqi dinar. So if they're going to increase the exchange rate means that the lower notes have to be release at the same time as the rate increases otherwise it will be a devaluation...
8-15-2019 Intel Guru MarkZ [via PDK] Spoke with Isaac last night…(in Zurich)...he is expecting currency funds tomorrow... I talked with 2 other contacts in Europe who are saying similar...No change of value in Iraq as of yet. [when do you think they could fire up the 800 numbers?] I am hoping to see them today...I believe we are sitting on the precipice of implosion that will push this reset to fruition. I know this waiting has been excruciating ...this reset has taken decades...and we are in the final days...we need this reset out the door NOW...
8-15-2019 Newshound Guru Kaperoni You cannot stop currency auctions until you have something to replace it. The auction is what keeps the stability of the currency. Until Iraq accepts Article VIII, the dinar is traded globally, currency auctions will continue. Auctions also serve as revenue generator for the CBI...
8-15-2019 Newshound/Intel Guru Mnt Goat We have read over and over again that they need to get the POS (point of sale) machines and ATMs (Automatic Teller Machines) up and running and most importantly for the citizens to use them. This is all part of the “project to delete the zeros”. So far, they have been very successful and are even currently paying almost 80% of the payrolls now to the citizens via electronic means. They want to soon get close to 95% by the end of the year. So the BIG push is on... Later yes, these cards can be used overseas or out of country to also conduct international business but they will need FOREX to determine the rate for the conversion...
8-15-2019 Newshound/Intel Guru Dinar Investor - Jeff The formation of the government...has everything to do with this and that's what the delay is...the number one thing...you want to keep your eyes on is the formation of the government. That's what's letting you know when you're reaching the finish line...Back on February 27th of this year Iraq had a key meeting called the National Meeting. All the members of government were present. One of the things they did was...celebrated being a brand new "unified" country...three days later on Saturday an article came out stating Iraq is now "unified"...back on that "five year delay" article from 2014 the CBI stressed that they would not delete the zeros until Iraq had political stability...making the formation of the government the linchpin to the rate change...
8-15-2019 Newshound Guru MilitiaMan Article: "The Kurdish delegation's visit to Baghdad will discuss the return of the region's share of the budget to 17 percent" So it looks like they are going to put this issue to bed finally!! I like the time line they have too. Seems to fit in line with all the education they have had on going. All the pressures from so many angles are noted that support that everyone is ready for them to complete reforms and open up to the world by twining Baghdad and Kurdistan regions into one cohesive body working for all the common good. That time frame they give is immediately after Eid Al Adha... That time frame is upon us so very shortly. Eid is over this week our time... So, I am not in any hurry to poo poo this meeting. The timing of it is in my humble opinion to be right on schedule... A big window this weekend! imo.
8-15-2019 Intel Guru MarkZ [Is Trump doing all he can to help us.] Trump is the first President to want this reset…the first one not to actively stop it… In Iraq. No new value on the dinar yet. Nothing posted in the Gazette today. Still hearing the street rate is $3.91...Our contract rates should be about $2 higher.
8-15-2019 Newshound/Intel Guru Dinar Investor - Jeff ...If they release lower denoms before the rate changes the first thing is people would have to carry large sacks or duffel bags of lower denoms and coins to the stores to buy consumer goods...the fastest way they piss the citizens off is if they have to start carrying very large bags of currency...because the rate hasn't changed...second...if you released smaller notes to replace bigger notes and you don't change the rate you've just devalued your currency...On March 20th the CBI already came out and said they plan to increase the exchange rate of the Iraqi dinar. So if they're going to increase the exchange rate means that the lower notes have to be release at the same time as the rate increases otherwise it will be a devaluation...
8-15-2019 Intel Guru MarkZ [via PDK] Spoke with Isaac last night…(in Zurich)...he is expecting currency funds tomorrow... I talked with 2 other contacts in Europe who are saying similar...No change of value in Iraq as of yet. [when do you think they could fire up the 800 numbers?] I am hoping to see them today...I believe we are sitting on the precipice of implosion that will push this reset to fruition. I know this waiting has been excruciating ...this reset has taken decades...and we are in the final days...we need this reset out the door NOW...
8-15-2019 Newshound Guru Kaperoni You cannot stop currency auctions until you have something to replace it. The auction is what keeps the stability of the currency. Until Iraq accepts Article VIII, the dinar is traded globally, currency auctions will continue. Auctions also serve as revenue generator for the CBI...
8-15-2019 Newshound/Intel Guru Mnt Goat We have read over and over again that they need to get the POS (point of sale) machines and ATMs (Automatic Teller Machines) up and running and most importantly for the citizens to use them. This is all part of the “project to delete the zeros”. So far, they have been very successful and are even currently paying almost 80% of the payrolls now to the citizens via electronic means. They want to soon get close to 95% by the end of the year. So the BIG push is on... Later yes, these cards can be used overseas or out of country to also conduct international business but they will need FOREX to determine the rate for the conversion...
8-15-2019 Newshound/Intel Guru Dinar Investor - Jeff The formation of the government...has everything to do with this and that's what the delay is...the number one thing...you want to keep your eyes on is the formation of the government. That's what's letting you know when you're reaching the finish line...Back on February 27th of this year Iraq had a key meeting called the National Meeting. All the members of government were present. One of the things they did was...celebrated being a brand new "unified" country...three days later on Saturday an article came out stating Iraq is now "unified"...back on that "five year delay" article from 2014 the CBI stressed that they would not delete the zeros until Iraq had political stability...making the formation of the government the linchpin to the rate change...
8-15-2019 Newshound Guru MilitiaMan Article: "The Kurdish delegation's visit to Baghdad will discuss the return of the region's share of the budget to 17 percent" So it looks like they are going to put this issue to bed finally!! I like the time line they have too. Seems to fit in line with all the education they have had on going. All the pressures from so many angles are noted that support that everyone is ready for them to complete reforms and open up to the world by twining Baghdad and Kurdistan regions into one cohesive body working for all the common good. That time frame they give is immediately after Eid Al Adha... That time frame is upon us so very shortly. Eid is over this week our time... So, I am not in any hurry to poo poo this meeting. The timing of it is in my humble opinion to be right on schedule... A big window this weekend! imo.
8-15-2019 Intel Guru MarkZ [Is Trump doing all he can to help us.] Trump is the first President to want this reset…the first one not to actively stop it… In Iraq. No new value on the dinar yet. Nothing posted in the Gazette today. Still hearing the street rate is $3.91...Our contract rates should be about $2 higher.
8-14-2019 Intel Guru MarkZ [Can Iraq go without the GCR?] They can...it would only be an in-country RV because of the Gold treaty...That’s what Kuwait did…they kept it in-country and quiet for 10 days before it went international.
8-14-2019 Newshound/Intel Guru Adam Montana [My personal belief is the corruption factor has to be eliminated and/or all previous crooks have to be dealt with.] Fact is, corruption exists and always will - yet progress still continues. We will never see a complete elimination of it, so the question becomes “what level of corruption will allow for the next progression?” I wholeheartedly believe Iraq has made enough progress in this area to allow an RV.
8-14-2019 Newshound Guru Dinar Investor - Jeff Will the smaller denomination come out before the RI/RV? In my opinion, no...Banks are stocked and ready to go. Basically the day the rate changes the banks will have the drawers stocked ready to start passing them out. It's that simple. So no they are not going to come out ahead of time. They'll come out the same morning that the rate changes. It's all going to happen together at the same time...
8-14-2019 Newshound/Intel Guru Mnt Goat Again, I am telling everyone what is holding back the reinstatement of the Iraqi dinar. It is corruption and the fight to clean it up. It is also not having their constitution “fully” implemented. This is a necessity. While in this process the CBI proceeds to continue with the project to delete the zeros. Yes, we all know there much corruption even at the minor level but in Iraq it is also massive and the authorities are not going to let the dinar reinstate until this is settle to their satisfaction...
8-14-2019 Newshound Guru Adam Montana We are at the end of Eid al-Adha, but that's not a holiday that brings business to a complete screeching halt like Ramadan. There is a lot of movement regarding the HCL... Article quote: "the committee did not address the discussion of the law of oil and gas, stressing the interest of the Committee on this subject and it will be a priority to legislate this law during the next phase." This Iraqi dinar RV really looks like it's in the final stages...
8-14-2019 Newshound Guru Dinar Investor - Jeff Even though parliament isn't in session...can they still revalue the currency? The answer to that is yes and no. Let me tell you why it's yes. Technically there are laws in place. The CBI is completely autonomous from the government. They are a separate group, a separate structure. They do their own thing with the money. The government does their own thing with laws and legislation. BUT in this instance the CBI made it very clear they are seeking stability. That's why we're waiting on the formation of the government. Because of how much money has been stolen from the government. This is very important to Iraq to remove all the corruption and get a solid formed technocrat government in place...
8-14-2019 Intel Guru Frank26 ...the CBI is on a vicious campaign to educate the citizens and make sure that it works with them because if it doesn't work internally...the reinstatement of the Iraqi dinar will never leave the country and go externally and internationally and grow with value...everyday the CBI is letting you know and the citizens know... [via firefly77] our electronic billboards are showing the ATM machines. The citizens MasterCard is plastered all over these billboards...it's a commercial but at the same time it's education...
8-14-2019 Intel Guru MarkZ [I just read ...that the Dong wont be revalued for 2 to 3 years AFTER the RV starts...Thoughts?] I still believe its in the first basket...I saw that rumor which makes me think its misinformation or smoke…Vietnam holds a great deal of Iraqi dinar in their treasury/foreign currency reserves just like Iraq holds a great deal of VND. …it would be a huge imbalance if they did not go together…Remember when Kuwait RV’d they said they were months or years away from revaluing…remember in the 90’s China said in a number of articles that no way were they ready to rv their currency and bam…they did it the next day. IMO this disinformation means we are very close.
8-14-2019 Newshound Guru Kaperoni ...There is no way the dinar can substantially revalue..especially at $3+. Iraq simply has to much currency in circulation...It is simply impossible for such an event to occur. An RV or RI even at 1 to $1 is not possible with 42 trillion dinar in circulation. That is 3 times the worlds money supply. Iraq could never afford such an event. The only possible solution would be a slow growth via a float as investment comes into Iraq to offset pressure/inflation. They then could collect dinar as it gradually appreciates reducing the money supply and liability. I know, the speed or rate in which a currency appreciates is based on the pressure created on the financial system which is controlled by the amount of investment. So the faster the investment or greater the investment, the faster the appreciation will be of the currency.
8-14-2019 Newshound/Intel Guru Adam Montana [My personal belief is the corruption factor has to be eliminated and/or all previous crooks have to be dealt with.] Fact is, corruption exists and always will - yet progress still continues. We will never see a complete elimination of it, so the question becomes “what level of corruption will allow for the next progression?” I wholeheartedly believe Iraq has made enough progress in this area to allow an RV.
8-14-2019 Newshound Guru Dinar Investor - Jeff Will the smaller denomination come out before the RI/RV? In my opinion, no...Banks are stocked and ready to go. Basically the day the rate changes the banks will have the drawers stocked ready to start passing them out. It's that simple. So no they are not going to come out ahead of time. They'll come out the same morning that the rate changes. It's all going to happen together at the same time...
8-14-2019 Newshound/Intel Guru Mnt Goat Again, I am telling everyone what is holding back the reinstatement of the Iraqi dinar. It is corruption and the fight to clean it up. It is also not having their constitution “fully” implemented. This is a necessity. While in this process the CBI proceeds to continue with the project to delete the zeros. Yes, we all know there much corruption even at the minor level but in Iraq it is also massive and the authorities are not going to let the dinar reinstate until this is settle to their satisfaction...
8-14-2019 Newshound Guru Adam Montana We are at the end of Eid al-Adha, but that's not a holiday that brings business to a complete screeching halt like Ramadan. There is a lot of movement regarding the HCL... Article quote: "the committee did not address the discussion of the law of oil and gas, stressing the interest of the Committee on this subject and it will be a priority to legislate this law during the next phase." This Iraqi dinar RV really looks like it's in the final stages...
8-14-2019 Newshound Guru Dinar Investor - Jeff Even though parliament isn't in session...can they still revalue the currency? The answer to that is yes and no. Let me tell you why it's yes. Technically there are laws in place. The CBI is completely autonomous from the government. They are a separate group, a separate structure. They do their own thing with the money. The government does their own thing with laws and legislation. BUT in this instance the CBI made it very clear they are seeking stability. That's why we're waiting on the formation of the government. Because of how much money has been stolen from the government. This is very important to Iraq to remove all the corruption and get a solid formed technocrat government in place...
8-14-2019 Intel Guru Frank26 ...the CBI is on a vicious campaign to educate the citizens and make sure that it works with them because if it doesn't work internally...the reinstatement of the Iraqi dinar will never leave the country and go externally and internationally and grow with value...everyday the CBI is letting you know and the citizens know... [via firefly77] our electronic billboards are showing the ATM machines. The citizens MasterCard is plastered all over these billboards...it's a commercial but at the same time it's education...
8-14-2019 Intel Guru MarkZ [I just read ...that the Dong wont be revalued for 2 to 3 years AFTER the RV starts...Thoughts?] I still believe its in the first basket...I saw that rumor which makes me think its misinformation or smoke…Vietnam holds a great deal of Iraqi dinar in their treasury/foreign currency reserves just like Iraq holds a great deal of VND. …it would be a huge imbalance if they did not go together…Remember when Kuwait RV’d they said they were months or years away from revaluing…remember in the 90’s China said in a number of articles that no way were they ready to rv their currency and bam…they did it the next day. IMO this disinformation means we are very close.
8-14-2019 Newshound Guru Kaperoni ...There is no way the dinar can substantially revalue..especially at $3+. Iraq simply has to much currency in circulation...It is simply impossible for such an event to occur. An RV or RI even at 1 to $1 is not possible with 42 trillion dinar in circulation. That is 3 times the worlds money supply. Iraq could never afford such an event. The only possible solution would be a slow growth via a float as investment comes into Iraq to offset pressure/inflation. They then could collect dinar as it gradually appreciates reducing the money supply and liability. I know, the speed or rate in which a currency appreciates is based on the pressure created on the financial system which is controlled by the amount of investment. So the faster the investment or greater the investment, the faster the appreciation will be of the currency.
8-13-2019 Newshound Guru EHankins Article: "An Iraqi passenger arrested in Al-Shalamjah port in possession of 2.5 million dinars." In my opinion this person knows that the dinar is about to Skyrocket in price real soon ...why take a trip now and pay the expense for a long stay out of country ...
8-13-2019 Intel Guru MarkZ [ I hear they want the dong rate close to the Dinar rate?] I don’t see how that could happen...I am still looking for dong rate to be around $2 to mid $2’s.
8-13-2019 Newshound Guru Dinar Investor - Jeff Regarding 800 numbers. That's all...nonsense...disregard them. There are no 800 numbers.
8-13-2019 Intel Guru MarkZ Spoke with Mr. C [Michael Cottrell]…we had every expectation everything would go last night…Iraq contacts are very excited expecting the new rate late tonight…they expect the rate to be $3.91. The Iraqi people have really suffered…..they need this badly. Military guys still feel very good about today.
8-13-2019 Newshound Guru chattels Abdel Mahdi is not going to be removed by Parliament, IMO. ...What, if any, impact does a possible change in the Prime Minister have upon our liquidity event? Who knows? Arguably, displacement of the Prime Minister bespeaks continuing political instability and is not currency value friendly.
8-13-2019 Newshound Guru Vital Brad ...So we heard Iraq's going International. They can use their currency in other countries. We hadn't heard anything on it yet...until now. Union Bank of Iraq came out with information on their new pre-paid MasterCards. "Employees of private or public sector can receive their salaries through the MasterCard from the ATM of the bank or any other cashier inside or outside Iraq..." This is a huge step for Iraq. They are getting automatic payment systems...They can use their cards anywhere MasterCard is accepted...this is a big huge step for them...I think it's time for a rate change - in my opinion...it might be a real interesting week. We'll definitely keep our eyes [on it] to see how it unfolds...
8-13-2019 Newshound/Intel Guru Dinar Investor - Jeff Do you still think it's going to happen around September 21-22? The answer to that is heck yeah. The facts keep supporting that...The information and the facts is getting very predictable. It's scary how easy it is, for me at least, to target this thing right now. I feel very confident about what I'm sharing...
8-13-2019 Newshound Guru future Article: "Sadrists seek to overthrow Abdul Mahdi after the approval of the reference" more proof mahdi is out the door...its safe to say hes probably already gone...abadi is to be put back...hes already held the pm position.
8-13-2019 Intel Guru MarkZ [ I hear they want the dong rate close to the Dinar rate?] I don’t see how that could happen...I am still looking for dong rate to be around $2 to mid $2’s.
8-13-2019 Newshound Guru Dinar Investor - Jeff Regarding 800 numbers. That's all...nonsense...disregard them. There are no 800 numbers.
8-13-2019 Intel Guru MarkZ Spoke with Mr. C [Michael Cottrell]…we had every expectation everything would go last night…Iraq contacts are very excited expecting the new rate late tonight…they expect the rate to be $3.91. The Iraqi people have really suffered…..they need this badly. Military guys still feel very good about today.
8-13-2019 Newshound Guru chattels Abdel Mahdi is not going to be removed by Parliament, IMO. ...What, if any, impact does a possible change in the Prime Minister have upon our liquidity event? Who knows? Arguably, displacement of the Prime Minister bespeaks continuing political instability and is not currency value friendly.
8-13-2019 Newshound Guru Vital Brad ...So we heard Iraq's going International. They can use their currency in other countries. We hadn't heard anything on it yet...until now. Union Bank of Iraq came out with information on their new pre-paid MasterCards. "Employees of private or public sector can receive their salaries through the MasterCard from the ATM of the bank or any other cashier inside or outside Iraq..." This is a huge step for Iraq. They are getting automatic payment systems...They can use their cards anywhere MasterCard is accepted...this is a big huge step for them...I think it's time for a rate change - in my opinion...it might be a real interesting week. We'll definitely keep our eyes [on it] to see how it unfolds...
8-13-2019 Newshound/Intel Guru Dinar Investor - Jeff Do you still think it's going to happen around September 21-22? The answer to that is heck yeah. The facts keep supporting that...The information and the facts is getting very predictable. It's scary how easy it is, for me at least, to target this thing right now. I feel very confident about what I'm sharing...
8-13-2019 Newshound Guru future Article: "Sadrists seek to overthrow Abdul Mahdi after the approval of the reference" more proof mahdi is out the door...its safe to say hes probably already gone...abadi is to be put back...hes already held the pm position.
8-12-2019 Intel Guru MarkZ Not as much news tonight as I had hoped for. Still hearing some in Reno expect a Hard start tonight… Spoke with a contractor in Iraq……Not seeing a street rate in Iraq as of yet. I heard they expect the rate late tomorrow night to be in Wednesday Gazette. Military is still saying today or tomorrow. 3 of my sources in Europe are not responding today….i hope this is a good thing.
8-12-2019 Newshound/Intel Guru Mnt Goat PROGRESS OF THE REINSTATMENT...the FIRST parliamentary session of the year was supposed to end at the end of June. We were all disappointed when we did not see the reinstatement when July arrived. Previously they told us the reinstatement would happen by the end of the FIRST session. This was scheduled to end on June 30th. ...Then they decided to extend the first session until Aug 1st not on June 30th. ...Later, just recently, they then told us the 2nd session would begin on September 3rd. So using all this data they presented to us we can conclude that we can expect a window of opportunity somewhere between now and September 3rd. ...My CBI contact in Iraq also agrees with this analysis.
8-12-2019 Newshound Guru Kaperoni Usually when a currency comes out and floats it begins at whatever the rate is at the time of transition.
8-12-2019 Newshound/Intel Guru Dinar Investor - Jeff ...I've only shared one date projection: the weekend of September 21st 22nd...I want facts to lead you up to that date. I don't want you relying 100% on my opinion...what I'm trying to share with you is...how in-depth I think. That's how I came up with a date...I just don't give you a date. My dates are very thoroughly studied...I'll pretty much know the week it's going to happen and I will let you know the week that's going to happen. The way I study this and the way I analyze this...they're not gonna hide this from me. I will know from their actions in all these different movements when it going to happen...This thing's walking you up to the month of September right now and it's really more the second half of September than anything. It's because they need to walk into 10-1 with that new rate in hand...
8-12-2019 Intel Guru MarkZ Military is still saying Monday/Tuesday...they told me this date weeks ago... Reno is expecting a hard start to start for 4b late today...this means we may see 800 numbers at that time. Hopefully we will get an update mid-afternoon. [What does a hard start mean?] Means everythings starts rolling our quickly …not the trickle we have been seeing. In iraq they are expecting a live rate of $3.91 electronically on their cards this week. There is a lot to watch today and tomorrow...expecting a big week. LOTS HAPPENING IN THE WORLD NEWS FOLKS. EXPECTED RATE OF $3.91 FOR THE DINAR. I AM PERSONALLY GOING TO LOOK AT WED. THE 15TH.
8-12-2019 Newshound Guru larrykn [Anyone heard of an article from Union Bank of Iraq about salaries being deposited in the iraq citizens master cards...] ...everyone thinks because they are using the cards the rate change is here...its not. not till they go into Art 8 and change the rate at the CBI...they are not in Article 8 yet. they can put it on the card but until they change the rate it doesn't affect us...once they change the rate then you can get excited. [You can always see the official CBI rate and CBI market rate listed on the left side of this page...]
8-12-2019 Intel Guru Frank26 [Doodlebug report]...it seems that there's a change in the pattern in the halls of the CBI. You see the employee's conversations have started to include the new small category note denominations. They are talking about the ones the fives the 10 the 20 the 50s and the 100's. They are also talking about the size of the new small category notes they say that they will be the same size as the USD or maybe just a little larger. Again this is all just in their opinion...they are talking in specifics. They are also talking about the dangers of people being taken advantage of with these new notes...this is a worry for the CBI. It must not fail with the citizens...this is why the education is so important that they do not get ripped off with the new small category notes...
8-12-2019 Newshound/Intel Guru RVAlready There is an article from Union Bank of Iraq, telling them they can have their salary deposited to the MasterCard... and withdraw it anywhere inside or outside Iraq. Whoopi!!! International!!!
8-12-2019 Newshound/Intel Guru Mnt Goat PROGRESS OF THE REINSTATMENT...the FIRST parliamentary session of the year was supposed to end at the end of June. We were all disappointed when we did not see the reinstatement when July arrived. Previously they told us the reinstatement would happen by the end of the FIRST session. This was scheduled to end on June 30th. ...Then they decided to extend the first session until Aug 1st not on June 30th. ...Later, just recently, they then told us the 2nd session would begin on September 3rd. So using all this data they presented to us we can conclude that we can expect a window of opportunity somewhere between now and September 3rd. ...My CBI contact in Iraq also agrees with this analysis.
8-12-2019 Newshound Guru Kaperoni Usually when a currency comes out and floats it begins at whatever the rate is at the time of transition.
8-12-2019 Newshound/Intel Guru Dinar Investor - Jeff ...I've only shared one date projection: the weekend of September 21st 22nd...I want facts to lead you up to that date. I don't want you relying 100% on my opinion...what I'm trying to share with you is...how in-depth I think. That's how I came up with a date...I just don't give you a date. My dates are very thoroughly studied...I'll pretty much know the week it's going to happen and I will let you know the week that's going to happen. The way I study this and the way I analyze this...they're not gonna hide this from me. I will know from their actions in all these different movements when it going to happen...This thing's walking you up to the month of September right now and it's really more the second half of September than anything. It's because they need to walk into 10-1 with that new rate in hand...
8-12-2019 Intel Guru MarkZ Military is still saying Monday/Tuesday...they told me this date weeks ago... Reno is expecting a hard start to start for 4b late today...this means we may see 800 numbers at that time. Hopefully we will get an update mid-afternoon. [What does a hard start mean?] Means everythings starts rolling our quickly …not the trickle we have been seeing. In iraq they are expecting a live rate of $3.91 electronically on their cards this week. There is a lot to watch today and tomorrow...expecting a big week. LOTS HAPPENING IN THE WORLD NEWS FOLKS. EXPECTED RATE OF $3.91 FOR THE DINAR. I AM PERSONALLY GOING TO LOOK AT WED. THE 15TH.
8-12-2019 Newshound Guru larrykn [Anyone heard of an article from Union Bank of Iraq about salaries being deposited in the iraq citizens master cards...] ...everyone thinks because they are using the cards the rate change is here...its not. not till they go into Art 8 and change the rate at the CBI...they are not in Article 8 yet. they can put it on the card but until they change the rate it doesn't affect us...once they change the rate then you can get excited. [You can always see the official CBI rate and CBI market rate listed on the left side of this page...]
8-12-2019 Intel Guru Frank26 [Doodlebug report]...it seems that there's a change in the pattern in the halls of the CBI. You see the employee's conversations have started to include the new small category note denominations. They are talking about the ones the fives the 10 the 20 the 50s and the 100's. They are also talking about the size of the new small category notes they say that they will be the same size as the USD or maybe just a little larger. Again this is all just in their opinion...they are talking in specifics. They are also talking about the dangers of people being taken advantage of with these new notes...this is a worry for the CBI. It must not fail with the citizens...this is why the education is so important that they do not get ripped off with the new small category notes...
8-12-2019 Newshound/Intel Guru RVAlready There is an article from Union Bank of Iraq, telling them they can have their salary deposited to the MasterCard... and withdraw it anywhere inside or outside Iraq. Whoopi!!! International!!!
8-11-2019 Newshound/Intel Guru Mnt Goat ...They are talking about executing the “project to delete the zeros” and we know they will also reinstate the dinar once this happens. ...Of course, the dinar will be put on a float someday once reinstated. This will drive up the rate quickly. They project it will come out around $3.00 + USD per one dinar and rise quickly. So, you will probably never even see the initial rate of a dollar since it will drive up so quickly prior to you getting chance even to go to the bank. [post 3 of 3]
8-11-2019 Newshound/Intel Guru Mnt Goat Just keep remembering that the VALUE is different from the RATE. Yes, someday we hope the RATE will reflect the true and honest VALUE of the Iraqi dinar. In fact, if it was not for the three zeros the dinar would be worth just under one US Dollar already. How do I know this rate for a fact? First, all you have to do is drop off the zeros and what is the rate? We all should know about the “project to delete the zeros” by now. Secondly, in 2013 within the quarterly report to Congress on Iraq...it stated...“the reform would have made the Iraqi dinar slightly less than a dollar”. [post 2 of 3....stay tuned]
8-11-2019 Newshound/Intel Guru Mnt Goat No, the reinstatement did not happen. They are not trading the dinar in other countries or trading it at all. ...Any changes in rates at the banks on holding patterns are from re-running the system that calculates the rates according to the new Basel requirements and bumps each currency according to their assets and the assets of other countries in their basket. ...they are already now using a basket of 5 currencies to calculate the Iraqi dinar rate. These five currencies are (Yen, British Pound, Yuan, US dollar, EURO). [post 1 of 3....stay tuned]
8-11-2019 Newshound/Intel Guru BGG FLASHBACK: “Special Inspector General for Iraq Reconstruction – Apr 2012, quarterly report to Congress." Quote: "In April 2012, the COM postponed indefinitely plans for a currency reform that would have removed three zeros from the Iraqi dinar in 2013 and required the issuance of new currency notes. The reform would have made the dinar's value slightly less than $1. It is currently worth less than one-thenth of a cent." This report is from page 84 of the massive SIGR report (Special Inspector General for the Reconstruction of Iraq. THIS REPORT WAS SENT TO THE UNITED STATES CONGRESS. For members of our Government to say they have no idea what is going on here – means they haven’t read some very basic documents presented them. IT PLAINLY SHOWS IN THIS REPORT THEY EXPECTED THE DINAR TO REVALUE AT AROUND A DOLLAR IN 2013.
8-11-2019 Newshound/Intel Guru David M. Witty Iraqi political source says US has given the green light to pro-US political blocs to find a replacement for PM Abdel-Mahdi.
8-11-2019 Newshound Guru future Article: "Informed sources suggest the replacement of the prime minister after the holiday" seems Mahdi is out the door...they want abadi to replace him...Seems Abadi is coming back wow...my prediction is we get a new [CBI] governor sworn in by Oct 1 and abadi comes in very soon...To me this is great news...thats when we may see this thing pop...finally.
8-11-2019 Intel/Newshound Guru sandyf ...current international accounting regulations would prevent the general concept of a huge overnight "revaluation". So unless you can show some changes to these regulations it would have to be taken that Kap [Guru Kaperoni] is right... [reference Guru Kaperoni post 8-9-2019]
8-11-2019 Newshound Guru Kaperoni A new 2020 budget article is out today confirming the budget includes multiple sources of income instead of relying on oil. The World Bank is telling Iraq they are at a red line in spending on the budget calling for them to activate the private sector. One of the best performing currencies is the Egyptian pound with a 6.5% increase last period. We can only hope the Dinar performs better once they begin the float. Hopefully there's enough pressure on them to make the changes that are needed over the next few months.
8-11-2019 Newshound/Intel Guru Mnt Goat Just keep remembering that the VALUE is different from the RATE. Yes, someday we hope the RATE will reflect the true and honest VALUE of the Iraqi dinar. In fact, if it was not for the three zeros the dinar would be worth just under one US Dollar already. How do I know this rate for a fact? First, all you have to do is drop off the zeros and what is the rate? We all should know about the “project to delete the zeros” by now. Secondly, in 2013 within the quarterly report to Congress on Iraq...it stated...“the reform would have made the Iraqi dinar slightly less than a dollar”. [post 2 of 3....stay tuned]
8-11-2019 Newshound/Intel Guru Mnt Goat No, the reinstatement did not happen. They are not trading the dinar in other countries or trading it at all. ...Any changes in rates at the banks on holding patterns are from re-running the system that calculates the rates according to the new Basel requirements and bumps each currency according to their assets and the assets of other countries in their basket. ...they are already now using a basket of 5 currencies to calculate the Iraqi dinar rate. These five currencies are (Yen, British Pound, Yuan, US dollar, EURO). [post 1 of 3....stay tuned]
8-11-2019 Newshound/Intel Guru BGG FLASHBACK: “Special Inspector General for Iraq Reconstruction – Apr 2012, quarterly report to Congress." Quote: "In April 2012, the COM postponed indefinitely plans for a currency reform that would have removed three zeros from the Iraqi dinar in 2013 and required the issuance of new currency notes. The reform would have made the dinar's value slightly less than $1. It is currently worth less than one-thenth of a cent." This report is from page 84 of the massive SIGR report (Special Inspector General for the Reconstruction of Iraq. THIS REPORT WAS SENT TO THE UNITED STATES CONGRESS. For members of our Government to say they have no idea what is going on here – means they haven’t read some very basic documents presented them. IT PLAINLY SHOWS IN THIS REPORT THEY EXPECTED THE DINAR TO REVALUE AT AROUND A DOLLAR IN 2013.
8-11-2019 Newshound/Intel Guru David M. Witty Iraqi political source says US has given the green light to pro-US political blocs to find a replacement for PM Abdel-Mahdi.
8-11-2019 Newshound Guru future Article: "Informed sources suggest the replacement of the prime minister after the holiday" seems Mahdi is out the door...they want abadi to replace him...Seems Abadi is coming back wow...my prediction is we get a new [CBI] governor sworn in by Oct 1 and abadi comes in very soon...To me this is great news...thats when we may see this thing pop...finally.
8-11-2019 Intel/Newshound Guru sandyf ...current international accounting regulations would prevent the general concept of a huge overnight "revaluation". So unless you can show some changes to these regulations it would have to be taken that Kap [Guru Kaperoni] is right... [reference Guru Kaperoni post 8-9-2019]
8-11-2019 Newshound Guru Kaperoni A new 2020 budget article is out today confirming the budget includes multiple sources of income instead of relying on oil. The World Bank is telling Iraq they are at a red line in spending on the budget calling for them to activate the private sector. One of the best performing currencies is the Egyptian pound with a 6.5% increase last period. We can only hope the Dinar performs better once they begin the float. Hopefully there's enough pressure on them to make the changes that are needed over the next few months.
8-10-2019 Newshound Guru larrykn ...it does seem that the CBI is getting their stuff together now, at a good pace too, I guess (haven't seen the article) that they elected a new governor, we will see and what is his take of reforms. I also noticed that Kap [Guru Kaperoni] keeps talking about will Iraq have what it takes to get investor into Iraq. Well all I read lately is how companies are coming into Iraq or made agreements to come in. I don't think they will have a problem with investor, matter of fact this might be good for us due to they will already have the private sector setup before they increase the value of their currency. which is why I'm not sure Kaps thinking about starting out at were it is would hold up or not, time will tell... but IMO no one knows where it will start and how long it will take to get to where we can make money.
8-10-2019 Intel Guru Frank26 ...these were new employees that the CBI was hiring and they were there at the banquet...So I got a little bit curious, 60 to 80 employees...what they're doing is teaching these employees...these new 60, 70, 80 CBI employees are being trained on the transfer of money of the dinar outside of Iraq to other countries, to the private banks around the world that are linked up to the CBI's private banks...
8-10-2019 Newshound/Intel Guru Dinar Investor - Jeff ...This is the first year, 2019, that Iraq has ever set the stage or the rate change...everything that's been remaining and outstanding...is actually being completed...being completed right before our eyes. ...My target date is the weekend of September 21/22 for the rate change...IMO...we need to see the facts come into alignment for that. [reference Dinar Investor - Jeff posts 1, 2 & 3, 8-9-2019]
8-10-2019 Intel Guru Eagleone2025 [via PDK] AS I SAID BACK IN MAY THERE ARE THREE WINDOWS THE THIRD WINDOW IS SEPT.- OCT. THIS RV IS A WORLD WIDE EVENT...IT IS A DAY BY DAY PROCESS. THE DAY AND HOUR IS REALLY UNKNOWN...
8-10-2019 Newshound/Intel Guru RVAlready For being on the cusp of the RV, it is surprisingly quiet...
8-10-2019 Newshound/Intel Guru Walkingstick Keep, in mind...most, of the news now.. regarding, their currency reform...Is geared, toward...the Iraqis themselves...We, may not read and or hear, of...but...because you may or may not read of...does not mean, they are not moving forward... they are well beyond what you now read...They have, in fact...completed, all necessary line items to enact/implement their RD/ RV/ RI...
8-10-2019 Intel Guru Frank26 There are many meetings occurring inside Iraq with the Central Bank of Iraq and a lot of different agencies...we went to the Basil II celebration...When it was over with the CBI members...said, 'sure we'll answer some questions.' The first question had to deal with the International Exchange Department...whoa! This is a new department isn't it? What can you tell us about that CBI? And what did they say? The CBI said yes that International Department is coming very soon...under article XIV you sure as heck don't need that department at the CBI do you?...second question: You tell us that you're gonna add value to our currency, when? And the answer was total silence followed by a Cheshire Cat simile followed by the next question. There was no embarrassment...there was no shy confusion. There was a smile...
8-10-2019 Intel Guru Frank26 ...these were new employees that the CBI was hiring and they were there at the banquet...So I got a little bit curious, 60 to 80 employees...what they're doing is teaching these employees...these new 60, 70, 80 CBI employees are being trained on the transfer of money of the dinar outside of Iraq to other countries, to the private banks around the world that are linked up to the CBI's private banks...
8-10-2019 Newshound/Intel Guru Dinar Investor - Jeff ...This is the first year, 2019, that Iraq has ever set the stage or the rate change...everything that's been remaining and outstanding...is actually being completed...being completed right before our eyes. ...My target date is the weekend of September 21/22 for the rate change...IMO...we need to see the facts come into alignment for that. [reference Dinar Investor - Jeff posts 1, 2 & 3, 8-9-2019]
8-10-2019 Intel Guru Eagleone2025 [via PDK] AS I SAID BACK IN MAY THERE ARE THREE WINDOWS THE THIRD WINDOW IS SEPT.- OCT. THIS RV IS A WORLD WIDE EVENT...IT IS A DAY BY DAY PROCESS. THE DAY AND HOUR IS REALLY UNKNOWN...
8-10-2019 Newshound/Intel Guru RVAlready For being on the cusp of the RV, it is surprisingly quiet...
8-10-2019 Newshound/Intel Guru Walkingstick Keep, in mind...most, of the news now.. regarding, their currency reform...Is geared, toward...the Iraqis themselves...We, may not read and or hear, of...but...because you may or may not read of...does not mean, they are not moving forward... they are well beyond what you now read...They have, in fact...completed, all necessary line items to enact/implement their RD/ RV/ RI...
8-10-2019 Intel Guru Frank26 There are many meetings occurring inside Iraq with the Central Bank of Iraq and a lot of different agencies...we went to the Basil II celebration...When it was over with the CBI members...said, 'sure we'll answer some questions.' The first question had to deal with the International Exchange Department...whoa! This is a new department isn't it? What can you tell us about that CBI? And what did they say? The CBI said yes that International Department is coming very soon...under article XIV you sure as heck don't need that department at the CBI do you?...second question: You tell us that you're gonna add value to our currency, when? And the answer was total silence followed by a Cheshire Cat simile followed by the next question. There was no embarrassment...there was no shy confusion. There was a smile...
8-9-2019 Newshound Guru Kaperoni People need to get over the idea of a "revaluation" of the Iraqi dinar. It's not happening. Not how monetary policy works. Just look at other emerging markets. Iraq plans to include the significant increase in spending ($70 billion) in its 2020 budget. But will investors come and participate? Iraq has about 4 months to pass the laws needed to encourage investment along with passing the 2020 budget. We will see if they can get this done. So what happens if they pass the laws and budget and nobody invests in rebuilding Iraq? Interesting question. Time will tell if the free market economy is a flop or not. In either case (investment or not) there will be no overnight "RV or RI" of the dinar. What we can expect is similar to Egypt..which is a gradual increase (8-15% a year) via a float. But only if investment comes and creates pressure on the banking system.
8-9-2019 Newshound Guru Vital Brad back in 2014 things were picking up at that time as well and then they came out with an article saying that they were putting the project on a five year delay. Here we are 2019...there's a lot of news articles. A lot of things happening. A lot of things lining up. So in my opinion we're closer than ever. There's a lot of gurus out there saying that it's ready to happen...banks are ready to start exchanging people's dinar. I lean more along the line of the lines of the fiscal calendar that it would happen at the beginning of the next quarter...so October. I think just for books and things that they would keep things in order doing it in alignment with that. Or even January 2020 but again I'm not a financial advise. I could be wrong. It could happen tomorrow...could happen anytime...
8-9-2019 Intel Guru MarkZ [via PDK] Message out of Zurich contact is they are now expecting to go on Monday...From Spain is looks like they started exchanges...things paused...now they are waiting to start up again on Monday. From Iraq - they are expecting to see the new rate this weekend. My military contact still expects things to start on Monday. I personally feel we are right on top of this with all the countries of the world about to implode...IMO.
8-9-2019 Newshound/Intel Guru Dinar Investor - Jeff ...remember...the formation of the government is the linchpin to the rate change. Now they have told us in the news they plan to try on finishing the formation of the government during the month of September... Now...accounting period for 10-1, you've seen a ton of articles talking about money, money, money... They are setting the stage for this thing...they've got to walk into October with a brand new rate in hand. Keep your eyes on September. You're waiting on them to set the stage and then they're going to do it. [post 3 of 3]
8-9-2019 Newshound/Intel Guru Dinar Investor - Jeff So now as we progress through the first half of the year...again they were not working on the formation of the government at all. What they did January to the end of June was set the post rate change stage for the country of Iraq. The stage had to set in 2 ways...the first half of the stage was set for the country of Iraq and that was January through the end of June. Then as we transition into July, that's when you started seed boat loads of articles talking about Article 140, the HCL & Kurds meeting with Baghdad. All of that was Iraq setting the post rate change stage for the citizens and then they even brought cleaning up the corruption into the mix too. Don't worry about that..that will all get done in due time, it's not a problem. But, you can't have your big event...until you've got your stage set. That's what you're waiting on. [post 2 of 3....stay tuned]
8-9-2019 Newshound/Intel Guru Dinar Investor - Jeff IMO...when you're setting the stage for a big event you can't have that big event until the stage is set...that's really all what you are waiting on is for them to set the...stage & then it's game over. So, going back to 2014 the CBI made it very clear that until Iraq achieved political stability they would not change the rate or delete the zeroes... Now let's fast forward to 2019...at the beginning of '19 they did not start working on the formation of the government, they went straight into setting the stage. At the beginning of '19 they told us that in the budget they would have monies for HCL, Article 140, all of that... What they are telling us...is that the 2019 budget has post RI monies and that they anticipate or plan on changing the rate within the year 2019. [post 1 of 3....stay tuned]
8-9-2019 Guest Newshound Guru Samson Article: "The territorial government announces the holiday" Quote: "...the period from Sunday, August 11, 2019 until Thursday, August 15, 2019, an official holiday, and that Thursday is also one of the holidays."
8-9-2019 Newshound Guru Vital Brad back in 2014 things were picking up at that time as well and then they came out with an article saying that they were putting the project on a five year delay. Here we are 2019...there's a lot of news articles. A lot of things happening. A lot of things lining up. So in my opinion we're closer than ever. There's a lot of gurus out there saying that it's ready to happen...banks are ready to start exchanging people's dinar. I lean more along the line of the lines of the fiscal calendar that it would happen at the beginning of the next quarter...so October. I think just for books and things that they would keep things in order doing it in alignment with that. Or even January 2020 but again I'm not a financial advise. I could be wrong. It could happen tomorrow...could happen anytime...
8-9-2019 Intel Guru MarkZ [via PDK] Message out of Zurich contact is they are now expecting to go on Monday...From Spain is looks like they started exchanges...things paused...now they are waiting to start up again on Monday. From Iraq - they are expecting to see the new rate this weekend. My military contact still expects things to start on Monday. I personally feel we are right on top of this with all the countries of the world about to implode...IMO.
8-9-2019 Newshound/Intel Guru Dinar Investor - Jeff ...remember...the formation of the government is the linchpin to the rate change. Now they have told us in the news they plan to try on finishing the formation of the government during the month of September... Now...accounting period for 10-1, you've seen a ton of articles talking about money, money, money... They are setting the stage for this thing...they've got to walk into October with a brand new rate in hand. Keep your eyes on September. You're waiting on them to set the stage and then they're going to do it. [post 3 of 3]
8-9-2019 Newshound/Intel Guru Dinar Investor - Jeff So now as we progress through the first half of the year...again they were not working on the formation of the government at all. What they did January to the end of June was set the post rate change stage for the country of Iraq. The stage had to set in 2 ways...the first half of the stage was set for the country of Iraq and that was January through the end of June. Then as we transition into July, that's when you started seed boat loads of articles talking about Article 140, the HCL & Kurds meeting with Baghdad. All of that was Iraq setting the post rate change stage for the citizens and then they even brought cleaning up the corruption into the mix too. Don't worry about that..that will all get done in due time, it's not a problem. But, you can't have your big event...until you've got your stage set. That's what you're waiting on. [post 2 of 3....stay tuned]
8-9-2019 Newshound/Intel Guru Dinar Investor - Jeff IMO...when you're setting the stage for a big event you can't have that big event until the stage is set...that's really all what you are waiting on is for them to set the...stage & then it's game over. So, going back to 2014 the CBI made it very clear that until Iraq achieved political stability they would not change the rate or delete the zeroes... Now let's fast forward to 2019...at the beginning of '19 they did not start working on the formation of the government, they went straight into setting the stage. At the beginning of '19 they told us that in the budget they would have monies for HCL, Article 140, all of that... What they are telling us...is that the 2019 budget has post RI monies and that they anticipate or plan on changing the rate within the year 2019. [post 1 of 3....stay tuned]
8-9-2019 Guest Newshound Guru Samson Article: "The territorial government announces the holiday" Quote: "...the period from Sunday, August 11, 2019 until Thursday, August 15, 2019, an official holiday, and that Thursday is also one of the holidays."
8-8-2019 Intel Guru MarkZ [via PDK] It feels like someone hit the pause button at about noon est today... We have rumors that Italy and Portugal have started exchanges today. We have confirmations from Spain and India…that exchanges did start...I believe they are moving “east to west”...it appears to be underway just not sure how long the roll out process takes…Redemption Center folks still have no idea why they are sitting there doing nothing. Military Still telling me it all starts on Monday... [A friend in Lebanon. On their TV news... they are showing people in the streets holding up 25,000 bank notes and crossing out the zeroes on Dinar... Cheering in the streets.. The RV is worldwide EXCEPT for the USA!] I did hear that...didnt want to mention it without more verification.
8-8-2019 Newshound Guru chattels [Do you believe it will happen one day?] I am here because that is my belief.
8-8-2019 Intel Guru Frank26 Every day since the IMF came out and said they [Iraq] use article VIII tools... the CBI or somebody else with authority defines to me clearly that Iraq is Article VIII...ever since that day it has been well proven that Iraq is about ready to tell the world that they are Article VIII. You see the contracts that started pouring in just yesterday. Why?...why now...Yes they are Article VIII. It is not a secret...Everyone knows that it's on paper. Now Iraq must claim the responsibility to announce that they are Article VIII. And I feel that's what they are doing. They're making the preparations to do so. It must be coordinated perfect...they'll have a press conference...
8-8-2019 Intel Guru MarkZ [What are your Redemption Center contacts saying...?] They are scratching their heads...They don’t know what is happening right now... They have been on the edge of their seats for so long waiting for us to start exchanging... ...We are hearing reports from Spain, Portugal and Italy that they have started exchanges. I just got this info...Also from 3 other countries…No updates from Zurich from anyone...this is very odd...makes me think there could be an NDA there. There is a lot of chatter from Reno that today is the day. I also was told to watch for 800 numbers any time after noon EST. I need to get more verification and information today on all those rumors. I believe we are very close.
8-8-2019 Newshound/Intel Guru Dinar Investor - Jeff ...Notice the corruption news didn't really start until about mid July...suggesting to me that they started making their moves on the corruption most likely towards the beginning of July. Yes we do need to see the corruption come to an end because that's a huge factor and layer of the political stability that the CBI is seeking before they'll even agree to delete the zeroes or change the rate. ...I think most of it is probably already dealt with and all you are just hearing now is the aftermath of it within the news. ...the progress is probably further along than we are privy to know. [post 2 of 2]
8-8-2019 Newshound/Intel Guru Dinar Investor - Jeff Let's talk about corruption, IMO...there's no way that any type of legal authorities are going to give criminals the upper hand...they're not going to come out and say we are going to file sanctions against you or we're going to freeze your assets or arrest you...they're not going to do that. Well, that's what you are seeing in the news right now. Articles are coming out saying we're going to put sanctions on this one...there's no way they would release that information prior to making a move or enacting on the person...if they did they would give the upper hand. [post 1 of 2....stay tuned]
8-8-2019 Newshound Guru future ...Iraq has said the notes [3 zero notes & lower denominations] would CO exist...iraq has no hyper inflation...they have kept inflation at bay for years...so...Iraq and Iran arent the same...there are different types of scenarios with redenominations that pertain to certain countries issues...will Iraq gain more purchasing power? of course when they revalue substantially.
8-8-2019 Newshound Guru chattels [Do you believe it will happen one day?] I am here because that is my belief.
8-8-2019 Intel Guru Frank26 Every day since the IMF came out and said they [Iraq] use article VIII tools... the CBI or somebody else with authority defines to me clearly that Iraq is Article VIII...ever since that day it has been well proven that Iraq is about ready to tell the world that they are Article VIII. You see the contracts that started pouring in just yesterday. Why?...why now...Yes they are Article VIII. It is not a secret...Everyone knows that it's on paper. Now Iraq must claim the responsibility to announce that they are Article VIII. And I feel that's what they are doing. They're making the preparations to do so. It must be coordinated perfect...they'll have a press conference...
8-8-2019 Intel Guru MarkZ [What are your Redemption Center contacts saying...?] They are scratching their heads...They don’t know what is happening right now... They have been on the edge of their seats for so long waiting for us to start exchanging... ...We are hearing reports from Spain, Portugal and Italy that they have started exchanges. I just got this info...Also from 3 other countries…No updates from Zurich from anyone...this is very odd...makes me think there could be an NDA there. There is a lot of chatter from Reno that today is the day. I also was told to watch for 800 numbers any time after noon EST. I need to get more verification and information today on all those rumors. I believe we are very close.
8-8-2019 Newshound/Intel Guru Dinar Investor - Jeff ...Notice the corruption news didn't really start until about mid July...suggesting to me that they started making their moves on the corruption most likely towards the beginning of July. Yes we do need to see the corruption come to an end because that's a huge factor and layer of the political stability that the CBI is seeking before they'll even agree to delete the zeroes or change the rate. ...I think most of it is probably already dealt with and all you are just hearing now is the aftermath of it within the news. ...the progress is probably further along than we are privy to know. [post 2 of 2]
8-8-2019 Newshound/Intel Guru Dinar Investor - Jeff Let's talk about corruption, IMO...there's no way that any type of legal authorities are going to give criminals the upper hand...they're not going to come out and say we are going to file sanctions against you or we're going to freeze your assets or arrest you...they're not going to do that. Well, that's what you are seeing in the news right now. Articles are coming out saying we're going to put sanctions on this one...there's no way they would release that information prior to making a move or enacting on the person...if they did they would give the upper hand. [post 1 of 2....stay tuned]
8-8-2019 Newshound Guru future ...Iraq has said the notes [3 zero notes & lower denominations] would CO exist...iraq has no hyper inflation...they have kept inflation at bay for years...so...Iraq and Iran arent the same...there are different types of scenarios with redenominations that pertain to certain countries issues...will Iraq gain more purchasing power? of course when they revalue substantially.
8-7-2019 Newshound/Intel Guru Mnt Goat [I read that an interm CBI head has been appointed but not fully confirmed...] new CBI director is confirmed and ratified last Thursday by parliament. Effective Sept 1st when Alaq leaves. They are transitioning now until then.
8-7-2019 Newshound/Intel Guru Dinar Investor - Jeff ...so by early Sept/mid Sept the last variable remaining will be the final step which is the formation of the government. What that's telling is that Iraq has done everything they need to do to set the stage and they are ready to change the rate...and the absolute last variable you are waiting on is the formation of the government because that's what the CBI said multiple times...they want Iraq to achieve political stability before they will agree to delete the zeroes and change the rate...That's the direction we want to the news go & once we see that they are pretty much telling us the stage is set & they are ready to do this...the formation of the government is the icing on the cake... [post 2 of 2]
8-7-2019 Newshound/Intel Guru Dinar Investor - Jeff So what are we looking for and what are we seeking and how do we know we are on tract and how do we know we are getting closer to seeing this? ...they have been setting the stage...the whole first half of the year talking about trade agreements, reconstruction, having all these meetings with Kurdistan... Here's what we are looking for...we are looking for that movement to slow down. As we are approaching the end of August and into September we want to see news articles to stop talking about all this stuff. We don't want to see articles on reconstruction ...corruption, on meetings with the Kurds... [post 1 of 2....stay tuned]
8-7-2019 Intel Guru MarkZ [via PDK] News is streaming in...especially from Asia... They believe we have a “go” today. In Reno - they expect things to break loose after 3-4 today. Some military contacts don’t expect things to start until the weekend or first of next week...so a bit of conflicting info. Finally spoke with my friends in Iraq and as of yesterday there is no rate change over there yet. Iraq has been very up-front with the coming revaluation of their currency... Its been astounding.
8-7-2019 Newshound/Intel Guru Mnt Goat ...We need to see the smaller category notes issued. They know that once they issue these notes in bulk to the public there is NO TURNING BACK! ...wait for this to be our sign that they are VERY SERIOUS this time. This could all happen in a matter of a days or a week and so suddenly...
8-7-2019 Newshound Guru Kaperoni ...Iraq is planning...a market economy, stock market and private sector...investment will fuel the growth of Iraq and allow Iraq to prosper. What can happen is Iraq will transition to a market economy, create a private sector and achieve billions in foreign investment. If it happens, that will drive the currency (dinar) value up gradually.
8-7-2019 Newshound/Intel Guru Dinar Investor - Jeff ...so by early Sept/mid Sept the last variable remaining will be the final step which is the formation of the government. What that's telling is that Iraq has done everything they need to do to set the stage and they are ready to change the rate...and the absolute last variable you are waiting on is the formation of the government because that's what the CBI said multiple times...they want Iraq to achieve political stability before they will agree to delete the zeroes and change the rate...That's the direction we want to the news go & once we see that they are pretty much telling us the stage is set & they are ready to do this...the formation of the government is the icing on the cake... [post 2 of 2]
8-7-2019 Newshound/Intel Guru Dinar Investor - Jeff So what are we looking for and what are we seeking and how do we know we are on tract and how do we know we are getting closer to seeing this? ...they have been setting the stage...the whole first half of the year talking about trade agreements, reconstruction, having all these meetings with Kurdistan... Here's what we are looking for...we are looking for that movement to slow down. As we are approaching the end of August and into September we want to see news articles to stop talking about all this stuff. We don't want to see articles on reconstruction ...corruption, on meetings with the Kurds... [post 1 of 2....stay tuned]
8-7-2019 Intel Guru MarkZ [via PDK] News is streaming in...especially from Asia... They believe we have a “go” today. In Reno - they expect things to break loose after 3-4 today. Some military contacts don’t expect things to start until the weekend or first of next week...so a bit of conflicting info. Finally spoke with my friends in Iraq and as of yesterday there is no rate change over there yet. Iraq has been very up-front with the coming revaluation of their currency... Its been astounding.
8-7-2019 Newshound/Intel Guru Mnt Goat ...We need to see the smaller category notes issued. They know that once they issue these notes in bulk to the public there is NO TURNING BACK! ...wait for this to be our sign that they are VERY SERIOUS this time. This could all happen in a matter of a days or a week and so suddenly...
8-7-2019 Newshound Guru Kaperoni ...Iraq is planning...a market economy, stock market and private sector...investment will fuel the growth of Iraq and allow Iraq to prosper. What can happen is Iraq will transition to a market economy, create a private sector and achieve billions in foreign investment. If it happens, that will drive the currency (dinar) value up gradually.
8-6-2019 Newshound/Intel Guru Dinar Investor - Jeff I told you that they have some key laws...3 laws...Article 140, HCL and the Federal Court Act... that can only happen after the rate change...Article 140...has been on the books and ready to go since 2005... why would they have been just talking about them instead of enacting them. It's very clear we are waiting on a rate change. But now they are telling you they are going to try and tackle them starting in the next legislative term which is September...September is coming together right before your eyes...IMO... [post 2 of 2]
8-6-2019 Newshound/Intel Guru Dinar Investor - Jeff Article quote: "...noting that the House of Representatives is determined to enact the outstanding laws 15 years ago, the most important oil and gas and the Federal Court..." The article tells you that these laws are 15 years old...waiting and pending to be enacted... And now they are telling you in the news that Parliament is going to try and get these laws enacted in the next term which starts in September. Since July I have put a large emphasis on September for many reasons and now you are starting to see September come together before your eyes... [post 1 of 2....stay tuned]
8-6-2019 Newshound/Intel Guru Mnt Goat First what did the Parliament tell us way back in March 2019 about the dinar? I quote from the article – “THE COMMITTEE WILL MOVE DURING THE CURRENT LEGISLATIVE TERM TOWARDS CHANGING THE FISCAL AND MONETARY POLICY IN THE COUNTRY in general,” So from this news from parliament in March they planned to get the dinar reform done within the first legislative term. This term is just now ending. It was supposed to end way back at the end of June but was delayed and they extending the session until now. So technically the session can continue right up until September 3rd, even though members may now be physically in the house and on recess. We see the next term starting on September 3rd. Is this maybe a window of opportunity for us to see some progress in the dinar reinstatement or will they postpone it to the 2nd legislative term?
8-6-2019 Intel Guru MarkZ [When are we expecting 800 numbers?] I expected them last night...my guess is anytime before Thursday. [...have you heard anything from your redemption center contacts?] They are still at work waiting for us to exchange this week...They are being told to be “on call” this weekend... IMO no hold up…we are moving forward as we speak. It’s crunch time to get this thing out the door. [Do you see the RV by Thursday?] Well I am putting myself out on a limb- but yes I do. [post 2 of 2]
8-6-2019 Intel Guru MarkZ [via PDK] We are just sitting on the edge of our seats waiting for this to go... Its been a miserable week of “Any minute now”. ...The new edition of the Gazette #4550...Lots of information about the impending revaluation of the dinar. Iraqi contacts are at the edge of their seats saying it could be any moment…no change of rate as of yesterday...Military contacts say it is absolutely “any moment”. I was told that the Treasury gave the go ahead and that they gave the” GO” for this week. [post 1 of 2....stay tuned]
8-6-2019 Newshound/Intel Guru RVAlready Everything is ready. This cannot/should not be held up any longer. Exchanges need to actually start now!
8-6-2019 Newshound/Intel Guru Dinar Investor - Jeff This is not my opinion. This is fact...what they're gonna do is yes they'll delete the zeros to replace larger notes with smaller notes and coins. What they're gonna do is increase the exchange rate just as they told you on March 20th of this year...what that does is add value to the currency to give purchase power...that's how simple it is...they've also told us the two currencies will coexist together at the same time. Meaning a 25k note will maintain its value and a 25 note will maintain its value. They coexist together at an increased rate... [post 2 of 2] [see post 1....8-5-2019]
8-6-2019 Intel Guru MarkZ [via PDK] [Everyone says I am crazy and being scammed] Warren Buffet bought a lot of Dinar and he doesn’t fall for scams. Reserves may have been a scam...we all fell for that...but the Dinar investment is definitely not a scam.
8-6-2019 Newshound/Intel Guru Dinar Investor - Jeff Article quote: "...noting that the House of Representatives is determined to enact the outstanding laws 15 years ago, the most important oil and gas and the Federal Court..." The article tells you that these laws are 15 years old...waiting and pending to be enacted... And now they are telling you in the news that Parliament is going to try and get these laws enacted in the next term which starts in September. Since July I have put a large emphasis on September for many reasons and now you are starting to see September come together before your eyes... [post 1 of 2....stay tuned]
8-6-2019 Newshound/Intel Guru Mnt Goat First what did the Parliament tell us way back in March 2019 about the dinar? I quote from the article – “THE COMMITTEE WILL MOVE DURING THE CURRENT LEGISLATIVE TERM TOWARDS CHANGING THE FISCAL AND MONETARY POLICY IN THE COUNTRY in general,” So from this news from parliament in March they planned to get the dinar reform done within the first legislative term. This term is just now ending. It was supposed to end way back at the end of June but was delayed and they extending the session until now. So technically the session can continue right up until September 3rd, even though members may now be physically in the house and on recess. We see the next term starting on September 3rd. Is this maybe a window of opportunity for us to see some progress in the dinar reinstatement or will they postpone it to the 2nd legislative term?
8-6-2019 Intel Guru MarkZ [When are we expecting 800 numbers?] I expected them last night...my guess is anytime before Thursday. [...have you heard anything from your redemption center contacts?] They are still at work waiting for us to exchange this week...They are being told to be “on call” this weekend... IMO no hold up…we are moving forward as we speak. It’s crunch time to get this thing out the door. [Do you see the RV by Thursday?] Well I am putting myself out on a limb- but yes I do. [post 2 of 2]
8-6-2019 Intel Guru MarkZ [via PDK] We are just sitting on the edge of our seats waiting for this to go... Its been a miserable week of “Any minute now”. ...The new edition of the Gazette #4550...Lots of information about the impending revaluation of the dinar. Iraqi contacts are at the edge of their seats saying it could be any moment…no change of rate as of yesterday...Military contacts say it is absolutely “any moment”. I was told that the Treasury gave the go ahead and that they gave the” GO” for this week. [post 1 of 2....stay tuned]
8-6-2019 Newshound/Intel Guru RVAlready Everything is ready. This cannot/should not be held up any longer. Exchanges need to actually start now!
8-6-2019 Newshound/Intel Guru Dinar Investor - Jeff This is not my opinion. This is fact...what they're gonna do is yes they'll delete the zeros to replace larger notes with smaller notes and coins. What they're gonna do is increase the exchange rate just as they told you on March 20th of this year...what that does is add value to the currency to give purchase power...that's how simple it is...they've also told us the two currencies will coexist together at the same time. Meaning a 25k note will maintain its value and a 25 note will maintain its value. They coexist together at an increased rate... [post 2 of 2] [see post 1....8-5-2019]
8-6-2019 Intel Guru MarkZ [via PDK] [Everyone says I am crazy and being scammed] Warren Buffet bought a lot of Dinar and he doesn’t fall for scams. Reserves may have been a scam...we all fell for that...but the Dinar investment is definitely not a scam.
8-5-2019 Intel Guru MarkZ [via PDK] [Any updates from Wells Fargo getting the 800 #'s ?] This weekend I heard from a treasure contact and a WF contact that the Treasury was finally ready and that WF didn’t believe it…the boy who cried wolf kinda thing...WF didn’t believe it and wasn’t ready is what we heard. We are hearing they are ready today. [You don't seriously believe that this didn't happen cuz the banks weren't ready, do you?] That’s what they told us... I believe that it could have happened but it would only take a short time for the bank to get ready to go…maybe 12 hours tops...Do I believe that this caused a delay of days...no I do not.
8-5-2019 Intel Guru Eagleone2025 [via PDK] ...AS I SAID IN MAY THERE WOULD BE THREE MAJOR WINDOWS I TOLD SEVERAL PEOPLE THOSE WINDOWS. I ALSO SAID THERE WOULD BE A CHANCE IN SOME OF THE OTHER SMALL WINDOWS. EARLY IN THE YEAR I TALKED ABOUT SOME SERIOUS EVENTS WOULD TAKE PLACE. I TALKED ABOUT SEE YOU IN SEPT - OCT. AND OVER THE 60 DAYS THERE WOULD BE SERIOUS EVENTS. ...AS I SAID I HOPE I AM WRONG ABOUT TIME FRAME. I HOPE WE ARE IN THE BANKS SOON.
8-5-2019 Newshound/Intel Guru Dinar Investor - Jeff Delete the zeros can mean one of two things...It's based on a country's economy and where their economy and where their inflation is at...some countries...had a poor economy with high inflation. So what they would do is replace larger notes with smaller notes and they don't change the rate. What they've essentially done is devalue the currency that eases inflation. That's one scenario. Second Scenario which is what the Iraq Central Bank has told us they're gonna do... [post 1 of 2....stay tuned]
8-5-2019 Intel Guru MarkZ [via PDK] I have talked to a number of contacts there and Iraq is beyond ready to go...they are telling us every day they are ready to go…they are waiting on the rest of the world and desperately hope we hurry up because we are affecting their stability as a nation. [Does anything else need to be accomplished?] IMO they just need to say “go” and we are done. [...do you think today is the day?] It could be... I think they are setting the stage for it. My military sources are still saying anytime before Aug. 15th and banking contacts are saying it should be right now.
8-5-2019 Newshound/Intel Guru Mnt Goat Many of these stashes of currencies have been hidden for a very long time and are damaged and so the banks must have some standard to reject them. They will be turning them into the CBI and so they must follow the CBI. Folks this is a small indication but an important one that Iraq is getting ready to end the currency auctions and when they do we know they must use the Iraqi dinar for trade. When they do this they must raise the value and complete the project to delete the zeros. This is when we go to the bank and not before... [post 2 of 2]
8-5-2019 Newshound/Intel Guru Mnt Goat "CBI SETS THE CRITERIA FOR THE REJECTION OF BANKNOTES OF THE DOLLAR AND THE EURO" ...so this article may not seem so important. But why are they now establishing such criteria and outlining this to the banks now? Remember this is for collection of the Us dollar and the Euro not the dinar. So if the dinar is reinstated and it is higher than the USD and the Euro won’t citizens want to bring these foreign currencies to the bank and exchange them (to get rid of them)? [post 1 of 2....stay tuned]
8-5-2019 Intel Guru Eagleone2025 [via PDK] ...AS I SAID IN MAY THERE WOULD BE THREE MAJOR WINDOWS I TOLD SEVERAL PEOPLE THOSE WINDOWS. I ALSO SAID THERE WOULD BE A CHANCE IN SOME OF THE OTHER SMALL WINDOWS. EARLY IN THE YEAR I TALKED ABOUT SOME SERIOUS EVENTS WOULD TAKE PLACE. I TALKED ABOUT SEE YOU IN SEPT - OCT. AND OVER THE 60 DAYS THERE WOULD BE SERIOUS EVENTS. ...AS I SAID I HOPE I AM WRONG ABOUT TIME FRAME. I HOPE WE ARE IN THE BANKS SOON.
8-5-2019 Newshound/Intel Guru Dinar Investor - Jeff Delete the zeros can mean one of two things...It's based on a country's economy and where their economy and where their inflation is at...some countries...had a poor economy with high inflation. So what they would do is replace larger notes with smaller notes and they don't change the rate. What they've essentially done is devalue the currency that eases inflation. That's one scenario. Second Scenario which is what the Iraq Central Bank has told us they're gonna do... [post 1 of 2....stay tuned]
8-5-2019 Intel Guru MarkZ [via PDK] I have talked to a number of contacts there and Iraq is beyond ready to go...they are telling us every day they are ready to go…they are waiting on the rest of the world and desperately hope we hurry up because we are affecting their stability as a nation. [Does anything else need to be accomplished?] IMO they just need to say “go” and we are done. [...do you think today is the day?] It could be... I think they are setting the stage for it. My military sources are still saying anytime before Aug. 15th and banking contacts are saying it should be right now.
8-5-2019 Newshound/Intel Guru Mnt Goat Many of these stashes of currencies have been hidden for a very long time and are damaged and so the banks must have some standard to reject them. They will be turning them into the CBI and so they must follow the CBI. Folks this is a small indication but an important one that Iraq is getting ready to end the currency auctions and when they do we know they must use the Iraqi dinar for trade. When they do this they must raise the value and complete the project to delete the zeros. This is when we go to the bank and not before... [post 2 of 2]
8-5-2019 Newshound/Intel Guru Mnt Goat "CBI SETS THE CRITERIA FOR THE REJECTION OF BANKNOTES OF THE DOLLAR AND THE EURO" ...so this article may not seem so important. But why are they now establishing such criteria and outlining this to the banks now? Remember this is for collection of the Us dollar and the Euro not the dinar. So if the dinar is reinstated and it is higher than the USD and the Euro won’t citizens want to bring these foreign currencies to the bank and exchange them (to get rid of them)? [post 1 of 2....stay tuned]
8-4-2019 Newshound Guru Kaperoni ...people...won't take the time to read what MCP is. ...MCP has nothing to do with multiple currencies. It has to do with selling rates for spot exchange transactions between the member’s currency and any other member’s currency such as dinar/dollar. And it must not deviate by more than 2 percent between buying and selling rates...understand the terms of the IMF.
8-4-2019 Intel Guru Frank26 ...About 2 weeks ago the IMF came out and told the whole world that Iraq is Article VIII and the only way they can be Article VIII is if they lifted the value of their currency because it's one of the mandates of the IMF. We believe that they lifted the 3 zeroes electronically. The theme of "international" is everywhere...ever since the IMF said they are Article VIII...Why don't they tell us? Ever since that time, IMO, the CBI has been coming out almost daily defining that they are Article VIII & if it isn't the CBI it's somebody else...everybody knows...
8-4-2019 Newshound Guru Kaperoni ...about Article VIII. If and when Iraq is ready, the IMF will hold a meeting and a press release will come. They are not in Article VIII right now...
8-4-2019 Newshound Guru MilitiaMan So with distribution having begun per what the opinion piece suggests, then, there is no way this is going out to October nor is it waiting on Trump, Iran, China, or anyone else for that matter, except the CBI with Alak still at the helm. imo...As the FML and amended FML for 2019, is in place (imo) with the mechanisms established on time with a fully operational GOI and within there time line, as of today. imo. Add in the IMF lifted all exchange restrictions on Iraq back on the 25th real close. So, let that all sink in and keep us grounded. And, lets not forget that International Visa and Master Cards were being issued. Not for a program rate either!! We await the live mechanisms now... [post 2 of 2]
8-4-2019 Newshound Guru MilitiaMan Article: "Economy of Iraq .. and Abdul Mahdi" Quote: "It seems that Mr. Adel Abdul Mahdi's plan is to pump money into the market and increase the purchasing power of the individual..." The wealth distribution mentioned in this article is off the charts if the case in point is credible. It is suggesting they are to be (or are now) pumping money into the markets to increase purchasing power. Well pumping money into the markets if at a program rate would not be increasing value. In fact that would be the exact opposite, as it would be dilution of the money supply, having a negative effect on value. Thus, where we are at this stage would suggest they are pumping the new small category notes in to the market to add value or at least to the banks, as we have learned from Frank [Guru Frank26] that the new ATM machines will have new software to handle the new small category notes, gold, coins, even other currencies to do just that. That is to add value! [post 1 of 2...stay tuned]
8-4-2019 Newshound/Intel Guru RVAlready ...my bank is not open on weekends. I suspect rates may change on Sunday, but first appointments may not happen until Monday morning.
8-4-2019 Newshound Guru Adam Montana ... now is probably a good time to throw out a couple friendly Public Service Announcements... my friends, be SAFE and SMART when this happens! 1. Don't hand your currencies to anyone outside of a financial institution or maybe a currency exchange! (Regarding currency exchanges, there's almost 0 chance you'll get the "best" rate there.) 2. NOBODY IS CASHING IN EARLY! 3. You WILL pay taxes... or face the consequences. [check with your tax professional at the proper time] 4. The initial rate *may* be the best we will get... or it may be wise to hold out for a subsequent raise. ...be sure to keep a cool head when this goes down.
8-4-2019 Intel Guru Frank26 ...About 2 weeks ago the IMF came out and told the whole world that Iraq is Article VIII and the only way they can be Article VIII is if they lifted the value of their currency because it's one of the mandates of the IMF. We believe that they lifted the 3 zeroes electronically. The theme of "international" is everywhere...ever since the IMF said they are Article VIII...Why don't they tell us? Ever since that time, IMO, the CBI has been coming out almost daily defining that they are Article VIII & if it isn't the CBI it's somebody else...everybody knows...
8-4-2019 Newshound Guru Kaperoni ...about Article VIII. If and when Iraq is ready, the IMF will hold a meeting and a press release will come. They are not in Article VIII right now...
8-4-2019 Newshound Guru MilitiaMan So with distribution having begun per what the opinion piece suggests, then, there is no way this is going out to October nor is it waiting on Trump, Iran, China, or anyone else for that matter, except the CBI with Alak still at the helm. imo...As the FML and amended FML for 2019, is in place (imo) with the mechanisms established on time with a fully operational GOI and within there time line, as of today. imo. Add in the IMF lifted all exchange restrictions on Iraq back on the 25th real close. So, let that all sink in and keep us grounded. And, lets not forget that International Visa and Master Cards were being issued. Not for a program rate either!! We await the live mechanisms now... [post 2 of 2]
8-4-2019 Newshound Guru MilitiaMan Article: "Economy of Iraq .. and Abdul Mahdi" Quote: "It seems that Mr. Adel Abdul Mahdi's plan is to pump money into the market and increase the purchasing power of the individual..." The wealth distribution mentioned in this article is off the charts if the case in point is credible. It is suggesting they are to be (or are now) pumping money into the markets to increase purchasing power. Well pumping money into the markets if at a program rate would not be increasing value. In fact that would be the exact opposite, as it would be dilution of the money supply, having a negative effect on value. Thus, where we are at this stage would suggest they are pumping the new small category notes in to the market to add value or at least to the banks, as we have learned from Frank [Guru Frank26] that the new ATM machines will have new software to handle the new small category notes, gold, coins, even other currencies to do just that. That is to add value! [post 1 of 2...stay tuned]
8-4-2019 Newshound/Intel Guru RVAlready ...my bank is not open on weekends. I suspect rates may change on Sunday, but first appointments may not happen until Monday morning.
8-4-2019 Newshound Guru Adam Montana ... now is probably a good time to throw out a couple friendly Public Service Announcements... my friends, be SAFE and SMART when this happens! 1. Don't hand your currencies to anyone outside of a financial institution or maybe a currency exchange! (Regarding currency exchanges, there's almost 0 chance you'll get the "best" rate there.) 2. NOBODY IS CASHING IN EARLY! 3. You WILL pay taxes... or face the consequences. [check with your tax professional at the proper time] 4. The initial rate *may* be the best we will get... or it may be wise to hold out for a subsequent raise. ...be sure to keep a cool head when this goes down.
8-3-2019 Newshound/Intel Guru Dinar Investor - Jeff We have seen more articles...since the beginning of July putting emphasis on both Article 140 and the HCL. This is huge. Both of these items have to do with post rate change...both of these steps cannot take place physically until after the rate has changed meaning they can only happen at the very end...they are literally waiting on the rate change. ...We are looking amazing...we have to let this play out...IMO. The end of September is my personal window for this and you can see the facts are walking you into that period. [post 3 of 3]
8-3-2019 Newshound/Intel Guru Dinar Investor - Jeff We learned that Iraq is under Art. VIII guidelines. They are not Article VIII. Iraq cannot become Art. VIII until they change the value or rate of their currency and make their currency internationally recognized...that's what they are waiting on to become Article VIII. They are only under Article VIII guidelines and policies. ...They have told us at the beginning of this year that the HCL and Article 140 contained monies inside the 2019 budget...that's fact...and recently released another article telling you... [post 2 of 3....stay tuned]
8-3-2019 Newshound/Intel Guru Dinar Investor - Jeff What's taking so long...why are we waiting? Since the beginning of the year I said we are waiting on the formation of the government...that's because the Central Bank directly has told us that they delayed this entire thing because Iraq must have political stability...Now you see at the beginning of July they shifted gears and started going after corruption...so we are waiting for the corruption to be cleaned up and there's a lot of current government proxy positions that end at the end of September...we are waiting for those to be removed as well. [post 1 of 3....stay tuned]
8-3-2019 Newshound Guru Kaperoni MCP or multiple currency practice is deceiving in its words. It has to do with the price of goods. And in this case with Iraq, its about maintaining an exchange rate between the Official Rate and Market Rate that does not deviate by more than 2%...It has nothing to do with using one currency. Both the dollar and dinar will be in Iraq forever due to sale of oil.
8-3-2019 Newshound Guru Breitling Question "There appears there will be a new governor of the CBI. Is that good, bad or indifferent?" It is indifferent. Remember it is parliament. Parliament has the Ministry of Planning and then they have the Minister of Finance and then...the CBI manages it...The governor of Iraq [CBI?} doesn't have their own agenda...they're managers...They're independent but they're managers and they're given orders and that's it. It's indifferent. The agenda came from parliament. Went to the Ministry of Planning and went to the Ministry of Finance and then goes up to the CBI. So that hasn't changed. People don't realize with the different factions they have in Iraq they all agreed they want to change the value of their currency...none of that has ever changed.
8-3-2019 Intel Guru Frank26 I am encouraged about what the Central Bank and the GOI is doing to let everybody know that they are article VIII...that they are of international standards...it's a massive campaign...and now the commercials and the billboards are all over the place...The Central Bank of Iraq, The Trade Bank and the Government of Iraq are telling the people get in there [banks] and they're using the tactic of loans to open accounts. That will become extremely important in the reinstatement of the Iraqi dinar...
8-3-2019 Intel Guru RayRen98 US Banks have been in meetings throughout the day, interest and excitement is at an all-time "high". New rates are showing...Dinar - $3.91...Dong - $2.27... They say the rates are very "subject-to-change" and to make your appointment in a timely manner. The Iraqi banks open at 1:00 AM, Eastern, rate changes are expected, but not guaranteed. Stay COOL, CALM and COLLECTED.
8-3-2019 Newshound/Intel Guru Dinar Investor - Jeff We learned that Iraq is under Art. VIII guidelines. They are not Article VIII. Iraq cannot become Art. VIII until they change the value or rate of their currency and make their currency internationally recognized...that's what they are waiting on to become Article VIII. They are only under Article VIII guidelines and policies. ...They have told us at the beginning of this year that the HCL and Article 140 contained monies inside the 2019 budget...that's fact...and recently released another article telling you... [post 2 of 3....stay tuned]
8-3-2019 Newshound/Intel Guru Dinar Investor - Jeff What's taking so long...why are we waiting? Since the beginning of the year I said we are waiting on the formation of the government...that's because the Central Bank directly has told us that they delayed this entire thing because Iraq must have political stability...Now you see at the beginning of July they shifted gears and started going after corruption...so we are waiting for the corruption to be cleaned up and there's a lot of current government proxy positions that end at the end of September...we are waiting for those to be removed as well. [post 1 of 3....stay tuned]
8-3-2019 Newshound Guru Kaperoni MCP or multiple currency practice is deceiving in its words. It has to do with the price of goods. And in this case with Iraq, its about maintaining an exchange rate between the Official Rate and Market Rate that does not deviate by more than 2%...It has nothing to do with using one currency. Both the dollar and dinar will be in Iraq forever due to sale of oil.
8-3-2019 Newshound Guru Breitling Question "There appears there will be a new governor of the CBI. Is that good, bad or indifferent?" It is indifferent. Remember it is parliament. Parliament has the Ministry of Planning and then they have the Minister of Finance and then...the CBI manages it...The governor of Iraq [CBI?} doesn't have their own agenda...they're managers...They're independent but they're managers and they're given orders and that's it. It's indifferent. The agenda came from parliament. Went to the Ministry of Planning and went to the Ministry of Finance and then goes up to the CBI. So that hasn't changed. People don't realize with the different factions they have in Iraq they all agreed they want to change the value of their currency...none of that has ever changed.
8-3-2019 Intel Guru Frank26 I am encouraged about what the Central Bank and the GOI is doing to let everybody know that they are article VIII...that they are of international standards...it's a massive campaign...and now the commercials and the billboards are all over the place...The Central Bank of Iraq, The Trade Bank and the Government of Iraq are telling the people get in there [banks] and they're using the tactic of loans to open accounts. That will become extremely important in the reinstatement of the Iraqi dinar...
8-3-2019 Intel Guru RayRen98 US Banks have been in meetings throughout the day, interest and excitement is at an all-time "high". New rates are showing...Dinar - $3.91...Dong - $2.27... They say the rates are very "subject-to-change" and to make your appointment in a timely manner. The Iraqi banks open at 1:00 AM, Eastern, rate changes are expected, but not guaranteed. Stay COOL, CALM and COLLECTED.
8-2-2019 Newshound Guru chattels Article "The central bank sells more than $ 229 million at a currency auction Thursday 01 August"...Contrary to [Guru]...Breitling, the auction(s) in Iraq have actually been a bit " higher " in volume...
8-2-2019 Newshound/Intel Guru Dinar Investor - Jeff ...The #1 thing we are waiting on is for them to have a completed government...that's political stability...So that's part of the 10-1, Q4 [Oct. 1 st, Fourth Quarter]...the amended 2019 budget starting 10-1, Q4, they have a new CBI governor to start on 10-1, Q4, they also have a new software stock trading platform that gets implemented on 10-1... So here's the part that's my opinion: I just rattled off a bunch of stuff pointing to 10-1 and we know we're waiting for the formation of the completed government..they most likely will finish the formation of the government during the second half of September. IMO, I strongly feel that they are going to change the rate and the end of September, probably the weekend of September 21, 22 because I fee they have to walk into 10-1, Q4 with a brand new rate in hand... [Post 3 of 3]
8-2-2019 Newshound/Intel Guru Dinar Investor - Jeff ...since the beginning of July you have seen tons of articles about Article 140 & the HCL... All of that is post rate change & cannot be implemented or added to the constitution until the very end until they are ready to change the rate. That's why you are seeing it now. So roughly 2 weeks ago the Kurds came to Baghdad & they heavily discussed the Oil & Gas Law and Article 140...What I am trying to stress is that for the Kurds to come and discuss the HCL and Article 140 that can only take place at the end because they can't amend it, add it to the constitution or implement it until after the rate has changed...they have to save those items until the very end & it started at the beginning of July. So now you are seeing them set the stage for the citizens... [post 2 of 3....stay tuned]
8-2-2019 Newshound/Intel Guru Dinar Investor - Jeff The intel I'm going to share is probably just about 100% accurate...It's going to paint a pretty good picture of where we stand... Everything that gives the citizens an improved better life is inside the 2019 budget suggesting that the rate was going to change this year in 2019 budget because they allocated money for it inside the 2019 budget. Iraq has been setting the stage for the rate change this entire year. Setting the stage has to happen in 2 layers. They have to have to set the stage for the country for the rate change & then they have to set the stage for the citizens for the rate change... What we saw they they were setting the stage for the country during the 1st 6 months... [post 1 of 3....stay tuned]
8-2-2019 Newshound Guru G-Lin What I do know is the IMF pounced pretty hard on Iraq in this latest consultation. The corruption must be dealt with and the unrest with the Iran situation is worrisome to say the least. IMF has a hard time auditing the banks when they do not receive data. Auctions are huge again the last few days. Corruption galore. Most of that is from Iran. It will continue as long as they are financially crippled. They will manage to get their $'s. ...I think the majority have returned. Ali Abdul Amir Allawi was mentioned as new CBI director but nothing official yet. [post 2 of 2]
8-2-2019 Newshound Guru G-Lin Well it is clear that a general census will need to be conducted and a permanent constitution must be ratified. I have always felt that the census needed to be in place in order for Art. 140 and the HCL to be activated...We have all been told by our dinarland colleagues over the last 10 or 15 years of this investment that there will be no increase in value of the dinar until Art. 140 and HCL are in place. I'm really not so sure of that opinion. It seems that they would need a strong and stable economic system to be able to apply needed monetary structures involved with Art. 140 and HCL. I don't know. [post 1 of 2....stay tuned]
8-2-2019 Intel Guru MarkZ ...we should get 800 numbers over the weekend. I don’t expect to see them until Sunday though…the info is solid and even though it feels like the can was kicked...I believe we are there. I personally think the delays are just logistic at this point. [What are your redemption center people saying?] They were scheduled to work today...they did not know about the weekend yet when I spoke with them yesterday. Its now been 3 days since I havnt been able to reach my contact in Iraq...this is unusual. Last I heard was the street rate was going to be $3.91. Remember Kuwait went 10 days before the world knew they had RV’d.
8-2-2019 Newshound Guru Breitling Question - "I understand Iraq slowed the currency auctions down does that effect their currency in any way and put pressure on the revalue?" Absolutely it does. And I don't think it's a coincidence that they've slowed the auctions down. They've shrunk their money supply...people are having problems buying currency in the United States. You can't get it. I know there's the hype and all of that too but people don't realize that Iraq is short in their currency. They probably have a little bit more to go. I really don't know because it's changed so much...
8-2-2019 Newshound Guru Adam Montana There's a lot of talk right now from the gurusphere... Article IV of the IMF, Article 140 with Iraq, HCL, Article VIII...The interesting thing about all this new Guru stuff out there? They are actually on the right path, for once... The IMF, GOI, and a few other sources are putting out some VERY high profile talk right now, and it's too hot to ignore. We all know I can't predict the date or the rate, so I won't try... but I'll say this again: It's too hot to ignore right now. I am REALLY looking forward to some further developments on the latest, because I can't remember the last time we had THIS much good stuff brewing all at the same time.
8-2-2019 Newshound/Intel Guru Dinar Investor - Jeff ...The #1 thing we are waiting on is for them to have a completed government...that's political stability...So that's part of the 10-1, Q4 [Oct. 1 st, Fourth Quarter]...the amended 2019 budget starting 10-1, Q4, they have a new CBI governor to start on 10-1, Q4, they also have a new software stock trading platform that gets implemented on 10-1... So here's the part that's my opinion: I just rattled off a bunch of stuff pointing to 10-1 and we know we're waiting for the formation of the completed government..they most likely will finish the formation of the government during the second half of September. IMO, I strongly feel that they are going to change the rate and the end of September, probably the weekend of September 21, 22 because I fee they have to walk into 10-1, Q4 with a brand new rate in hand... [Post 3 of 3]
8-2-2019 Newshound/Intel Guru Dinar Investor - Jeff ...since the beginning of July you have seen tons of articles about Article 140 & the HCL... All of that is post rate change & cannot be implemented or added to the constitution until the very end until they are ready to change the rate. That's why you are seeing it now. So roughly 2 weeks ago the Kurds came to Baghdad & they heavily discussed the Oil & Gas Law and Article 140...What I am trying to stress is that for the Kurds to come and discuss the HCL and Article 140 that can only take place at the end because they can't amend it, add it to the constitution or implement it until after the rate has changed...they have to save those items until the very end & it started at the beginning of July. So now you are seeing them set the stage for the citizens... [post 2 of 3....stay tuned]
8-2-2019 Newshound/Intel Guru Dinar Investor - Jeff The intel I'm going to share is probably just about 100% accurate...It's going to paint a pretty good picture of where we stand... Everything that gives the citizens an improved better life is inside the 2019 budget suggesting that the rate was going to change this year in 2019 budget because they allocated money for it inside the 2019 budget. Iraq has been setting the stage for the rate change this entire year. Setting the stage has to happen in 2 layers. They have to have to set the stage for the country for the rate change & then they have to set the stage for the citizens for the rate change... What we saw they they were setting the stage for the country during the 1st 6 months... [post 1 of 3....stay tuned]
8-2-2019 Newshound Guru G-Lin What I do know is the IMF pounced pretty hard on Iraq in this latest consultation. The corruption must be dealt with and the unrest with the Iran situation is worrisome to say the least. IMF has a hard time auditing the banks when they do not receive data. Auctions are huge again the last few days. Corruption galore. Most of that is from Iran. It will continue as long as they are financially crippled. They will manage to get their $'s. ...I think the majority have returned. Ali Abdul Amir Allawi was mentioned as new CBI director but nothing official yet. [post 2 of 2]
8-2-2019 Newshound Guru G-Lin Well it is clear that a general census will need to be conducted and a permanent constitution must be ratified. I have always felt that the census needed to be in place in order for Art. 140 and the HCL to be activated...We have all been told by our dinarland colleagues over the last 10 or 15 years of this investment that there will be no increase in value of the dinar until Art. 140 and HCL are in place. I'm really not so sure of that opinion. It seems that they would need a strong and stable economic system to be able to apply needed monetary structures involved with Art. 140 and HCL. I don't know. [post 1 of 2....stay tuned]
8-2-2019 Intel Guru MarkZ ...we should get 800 numbers over the weekend. I don’t expect to see them until Sunday though…the info is solid and even though it feels like the can was kicked...I believe we are there. I personally think the delays are just logistic at this point. [What are your redemption center people saying?] They were scheduled to work today...they did not know about the weekend yet when I spoke with them yesterday. Its now been 3 days since I havnt been able to reach my contact in Iraq...this is unusual. Last I heard was the street rate was going to be $3.91. Remember Kuwait went 10 days before the world knew they had RV’d.
8-2-2019 Newshound Guru Breitling Question - "I understand Iraq slowed the currency auctions down does that effect their currency in any way and put pressure on the revalue?" Absolutely it does. And I don't think it's a coincidence that they've slowed the auctions down. They've shrunk their money supply...people are having problems buying currency in the United States. You can't get it. I know there's the hype and all of that too but people don't realize that Iraq is short in their currency. They probably have a little bit more to go. I really don't know because it's changed so much...
8-2-2019 Newshound Guru Adam Montana There's a lot of talk right now from the gurusphere... Article IV of the IMF, Article 140 with Iraq, HCL, Article VIII...The interesting thing about all this new Guru stuff out there? They are actually on the right path, for once... The IMF, GOI, and a few other sources are putting out some VERY high profile talk right now, and it's too hot to ignore. We all know I can't predict the date or the rate, so I won't try... but I'll say this again: It's too hot to ignore right now. I am REALLY looking forward to some further developments on the latest, because I can't remember the last time we had THIS much good stuff brewing all at the same time.
8-1-2019 Newshound Guru Adam Montana [They’ve come a long way since their 1st election in 2005...they still have a long road ahead. Recent developments will help smooth out some of the rougher bumps in the road.] I think thy have a long road ahead BUT that is going to be the case regardless of when they change the value...
8-1-2019 Newshound/Intel Guru Dinar Investor - Jeff ...I've got an article showing...how Iraq has engaged in a Memorandum of Understanding with the U.N. to do the reconstruction in liberated areas...So this is just more proof showing you were at the end of the ride... And remember Art. 140, which...some of it is giving restitution to the Kurdistan people/citizens ...there's money allocated for Art. 140 inside the 2019 budget. That shows you Iraq has full intentions of changing the rate this year, in 2019 not 2020. [post 3 of 3]
8-1-2019 Newshound/Intel Guru Dinar Investor - Jeff ...The reconstruction from the war has been outstanding for over 1 1/2 yrs. ...because they can only use 1 currency to pay for it...the dinar. The reason they have not pushed forward & restarted reconstruction is simply because their currency is not internationally recognized... It's that simple...how can they pay outside contractors...to pay for it? ...They can't. They simply have to wait until it is internationally recognized which means they have to wait until the rate change occurs and their currency becomes internationally recognized. [post 2 of 3....stay tuned]
8-1-2019 Newshound/Intel Guru Dinar Investor - Jeff ...Last weekend you had a chance to see the IMF Article 4 consultation and inside of that it had comments about Iraq transitioning into Art. VIII and showing you how Iraq is currently under Art. VIII rules and guidelines per the IMF ...that's because Iraq's got training wheels on right now transitioning into Art. VIII and they have been at that step for at least a year now. And one of the key things you saw was that Iraq is under a single currency practice, MCP, which means they can only use 1 currency, their native currency, the Iraqi dinar. [post 1 of 3....stay tuned]
8-1-2019 Intel Guru MarkZ At redemption centers my contacts are there and just twiddling their thumbs waiting for us all to exchange. Was unable to get in touch with people in Iraq which is unusual...so unable to find out about rumored new rates at street level there. [I was told 800 numbers after market close tonight.] That makes sense and goes with the intel I was told. [I heard Dong will rv at .42 cents.] I heard anywhere from .42 to $2+.
8-1-2019 Intel Guru Frank26 "International" is a theme that is permeating the air in Iraq. The citizens know. The contractors know. The budget knows... Internationalism is everywhere...the IMF came out and said they are Article VIII...Remember I told you they're overspending and to me it's an example that Iraq knows what they are about to do with their currency...March 20th Article "Parliament Finance Committee is moving in the current legislation session to develop mechanisms to change the monetary policy in the country of Iraq in coordination with the Central Bank of Iraq aimed at raising the dinar exchange rate and maintaining the stability of inflation..." Evidence is everywhere...their goal was [is] to add value...
8-1-2019 Newshound/Intel Guru Mnt Goat Article: "IMF EXECUTIVE BOARD CONCLUDES 2019 ARTICLE IV CONSULTATION WITH IRAQ" this also is WOW news! This consultation was supposed to happen last Sept but was postponed due to not having the government fully in place. So now that we see this article on the results of it, we know that the IMF is satisfied with what government is formed and we can conclude for all practical purposes it is done...This is a very good indicator as to where we are. But is there anything else they need to get done? Also...they project such a high GDP in 2020? How will they accomplish this change in GDP without a real rate of their currency?
8-1-2019 Newshound Guru Breitling ...Trump is bitching about the Federal Reserve. Why? Because all these countries are artificially lowering the value of their currencies so they can compete with one another...Trump is like, 'Hey, we need to do that too or we're going to get hurt here.'...Trump can't get the Federal Reserve to lower the value of the currency [U.S. Dollar]...the idea that the president has control over the currency, well that stops that debate right? He's begging them to lower interest rates. So Trump doesn't have control over our currency of whether it goes up or down he sure as shit doesn't have control of Iraq's currency does he? So that will give you a clue of the reality of it...
8-1-2019 Intel Guru Eagleone2025 [via PDK] There has been a lot of things happening with a lot of military guys and intel from DC and the Whitehouse. I understand that this appears real close. I really hope we are in the banks this week...I did talk with the contacts who had told me to look at Sept and Oct and now it seems that Trump is having meeting the first part of August with both foreign and local reps about the RV. ...if it takes a little longer - don’t get discouraged. It will happen...I really hope the guys who told me that to watch Sept and Oct. are wrong and that we are all in the banks this week...
8-1-2019 Newshound/Intel Guru Dinar Investor - Jeff ...I've got an article showing...how Iraq has engaged in a Memorandum of Understanding with the U.N. to do the reconstruction in liberated areas...So this is just more proof showing you were at the end of the ride... And remember Art. 140, which...some of it is giving restitution to the Kurdistan people/citizens ...there's money allocated for Art. 140 inside the 2019 budget. That shows you Iraq has full intentions of changing the rate this year, in 2019 not 2020. [post 3 of 3]
8-1-2019 Newshound/Intel Guru Dinar Investor - Jeff ...The reconstruction from the war has been outstanding for over 1 1/2 yrs. ...because they can only use 1 currency to pay for it...the dinar. The reason they have not pushed forward & restarted reconstruction is simply because their currency is not internationally recognized... It's that simple...how can they pay outside contractors...to pay for it? ...They can't. They simply have to wait until it is internationally recognized which means they have to wait until the rate change occurs and their currency becomes internationally recognized. [post 2 of 3....stay tuned]
8-1-2019 Newshound/Intel Guru Dinar Investor - Jeff ...Last weekend you had a chance to see the IMF Article 4 consultation and inside of that it had comments about Iraq transitioning into Art. VIII and showing you how Iraq is currently under Art. VIII rules and guidelines per the IMF ...that's because Iraq's got training wheels on right now transitioning into Art. VIII and they have been at that step for at least a year now. And one of the key things you saw was that Iraq is under a single currency practice, MCP, which means they can only use 1 currency, their native currency, the Iraqi dinar. [post 1 of 3....stay tuned]
8-1-2019 Intel Guru MarkZ At redemption centers my contacts are there and just twiddling their thumbs waiting for us all to exchange. Was unable to get in touch with people in Iraq which is unusual...so unable to find out about rumored new rates at street level there. [I was told 800 numbers after market close tonight.] That makes sense and goes with the intel I was told. [I heard Dong will rv at .42 cents.] I heard anywhere from .42 to $2+.
8-1-2019 Intel Guru Frank26 "International" is a theme that is permeating the air in Iraq. The citizens know. The contractors know. The budget knows... Internationalism is everywhere...the IMF came out and said they are Article VIII...Remember I told you they're overspending and to me it's an example that Iraq knows what they are about to do with their currency...March 20th Article "Parliament Finance Committee is moving in the current legislation session to develop mechanisms to change the monetary policy in the country of Iraq in coordination with the Central Bank of Iraq aimed at raising the dinar exchange rate and maintaining the stability of inflation..." Evidence is everywhere...their goal was [is] to add value...
8-1-2019 Newshound/Intel Guru Mnt Goat Article: "IMF EXECUTIVE BOARD CONCLUDES 2019 ARTICLE IV CONSULTATION WITH IRAQ" this also is WOW news! This consultation was supposed to happen last Sept but was postponed due to not having the government fully in place. So now that we see this article on the results of it, we know that the IMF is satisfied with what government is formed and we can conclude for all practical purposes it is done...This is a very good indicator as to where we are. But is there anything else they need to get done? Also...they project such a high GDP in 2020? How will they accomplish this change in GDP without a real rate of their currency?
8-1-2019 Newshound Guru Breitling ...Trump is bitching about the Federal Reserve. Why? Because all these countries are artificially lowering the value of their currencies so they can compete with one another...Trump is like, 'Hey, we need to do that too or we're going to get hurt here.'...Trump can't get the Federal Reserve to lower the value of the currency [U.S. Dollar]...the idea that the president has control over the currency, well that stops that debate right? He's begging them to lower interest rates. So Trump doesn't have control over our currency of whether it goes up or down he sure as shit doesn't have control of Iraq's currency does he? So that will give you a clue of the reality of it...
8-1-2019 Intel Guru Eagleone2025 [via PDK] There has been a lot of things happening with a lot of military guys and intel from DC and the Whitehouse. I understand that this appears real close. I really hope we are in the banks this week...I did talk with the contacts who had told me to look at Sept and Oct and now it seems that Trump is having meeting the first part of August with both foreign and local reps about the RV. ...if it takes a little longer - don’t get discouraged. It will happen...I really hope the guys who told me that to watch Sept and Oct. are wrong and that we are all in the banks this week...
7-31-2019 Intel Guru MarkZ [via PDK] [Iran dropped zeros, guess who next?] Yes that news article out of Iran today…dropping 4 zeros. We are also getting reports out of Iran and Iraq in the last few hours that they both posted new rates...we are trying to get verification on that from those countries...consider this rumor for now. It really does appear that everything is ripping loose right now guys…It should be an action packed next 24 hours...A couple other treasury sources told me that tomorrow was going to be exciting.
7-31-2019 Newshound Guru future Article: "Iran deleted 4 zeros from its currency" i find the timing of them doing this pretty interesting. Ian and Iraq are very close...my thoughts its interesting timing for them to do this now lets hope Iraq does something now Cbi is ready.
7-31-2019 Intel Guru MarkZ [I heard we will have to pay a Capital Gains tax on our investment...any truth to that?] I am still hearing there will be no taxes on our exchange...We will have to wait until we are actually in the banks to know for sure. ...We all need to get professional help on this one.
7-31-2019 Newshound Guru Kaperoni Iran announced today they are changing currencies from the Riyal to the Tuman and deleting 4 zeros. That's a Lop because of failed monetary policy. Iraq is different because monetary policy has been a success in Iraq.
7-31-2019 Newshound Guru future [dosent the government have to fill in the one position for ministry of education before the CBI does something with the currency?] education is not that important for a monetary change thats my opinion...
7-31-2019 Newshound Guru Breitling [Question..."...it would seem Trump will be in office until 2024...how does that effect our situation with the dinar?"] ...The reason why it's a good place for Iraq right now is because what's on the table...Trump's style is that you are not going to sit on the fence. 'Either you pivot toward us or you're not going to participate'...next thing you know...Iraq is not sitting on the fence. They're like 'no, we want to be in the markets.' So things have changed in the Middle East. That's why you saw these laws being passed in Iraq. The Financial Management Bill. Then all of a sudden they're not just throwing out BS article out on the IMF...Iraq Stock Exchange going on the NASDAQ. They're having mega events for it...why? Cause the markets are opening up to them...it's a big deal. And they're very very happy. That's why they're walking around with a little bit more energy. And it's a huge deal for us. They are going to add value to their currency...
7-31-2019 Newshound Guru Vital Brad ...there's certain stipulations that need to be completed for them to reinstate their currency. Information I got here says, 'Iraq continues to avail itself of the transitional arrangements under article 14 section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article 14 section 2 and currently maintains one multiple currency practice (MCP) subject to fund approval under article VIII section 3.1.' So Article VIII has stipulated that Iraq can only use one currency, Iraqi dinar. And meeting these requirements allows for the opportunity to change the exchange rate. So some exciting things coming out. There's people out there saying that this thing is months and months away. You and I like to keep a long-term perspective rather than it's next week...but all the things that are happening...these final details are being put into place that can allow for this to happen...
7-31-2019 Intel Guru MarkZ [via PDK] I hear that making the appointment is the important part and we will have weeks to get to the RC’s/banks...I still hear that you will have a redemption center within about 50 miles of you here in the US...they want your exchange to be easy. If you call the 800#, it is my understanding you will get the contract rate and will not have to jump through hoops to get it! I still hear that the street rate in Iraq will be $3.91. Its been pretty consistent this week from all sources that the public should start on Thursday...
7-31-2019 Intel Guru Bruce [via PinkRoses] ...our trigger is the toll-free number. The toll-free numbers are we understand staged and ready to release. We know the Redemption Center staff are primed and ready possibly as early as tomorrow [Wednesday] late morning...All the rates are on the screens. The currencies are fluctuating normally through normal trading. That is what we want to see. ...I just think we are finally there...Security is at a level 5, the highest level. They are ready. We are ready...I believe finally we are there. [post 2 of 2]
7-31-2019 Intel Guru Bruce Now, first of all, we are under the impression everything was to roll today [Tuesday] for us. Then we also heard we were waiting not only for the Dinar to come up which it did...Monday it was up on the screens at the banks. ...Really Iraq has been ready to go for about the last 3 to 4 days now. Totally ready. We can’t really say anything is holding up Iraq...we are seeing...a lot of movement that is taking us to the point where we should see something very soon... [post 1 of 2....stay tuned]
7-31-2019 Intel Guru Frank26 They have talked about the ATMs before on the news...but today this was the first time they went out and they were giving more options on the ATM machines and even said the ratio of ATMs in the country that started back in 2017 that there were 611 ATM machines back then but now they're telling the citizens that there are thousands of these new ATM machines including 356 alone in Baghdad...
7-31-2019 Newshound Guru future Article: "Iran deleted 4 zeros from its currency" i find the timing of them doing this pretty interesting. Ian and Iraq are very close...my thoughts its interesting timing for them to do this now lets hope Iraq does something now Cbi is ready.
7-31-2019 Intel Guru MarkZ [I heard we will have to pay a Capital Gains tax on our investment...any truth to that?] I am still hearing there will be no taxes on our exchange...We will have to wait until we are actually in the banks to know for sure. ...We all need to get professional help on this one.
7-31-2019 Newshound Guru Kaperoni Iran announced today they are changing currencies from the Riyal to the Tuman and deleting 4 zeros. That's a Lop because of failed monetary policy. Iraq is different because monetary policy has been a success in Iraq.
7-31-2019 Newshound Guru future [dosent the government have to fill in the one position for ministry of education before the CBI does something with the currency?] education is not that important for a monetary change thats my opinion...
7-31-2019 Newshound Guru Breitling [Question..."...it would seem Trump will be in office until 2024...how does that effect our situation with the dinar?"] ...The reason why it's a good place for Iraq right now is because what's on the table...Trump's style is that you are not going to sit on the fence. 'Either you pivot toward us or you're not going to participate'...next thing you know...Iraq is not sitting on the fence. They're like 'no, we want to be in the markets.' So things have changed in the Middle East. That's why you saw these laws being passed in Iraq. The Financial Management Bill. Then all of a sudden they're not just throwing out BS article out on the IMF...Iraq Stock Exchange going on the NASDAQ. They're having mega events for it...why? Cause the markets are opening up to them...it's a big deal. And they're very very happy. That's why they're walking around with a little bit more energy. And it's a huge deal for us. They are going to add value to their currency...
7-31-2019 Newshound Guru Vital Brad ...there's certain stipulations that need to be completed for them to reinstate their currency. Information I got here says, 'Iraq continues to avail itself of the transitional arrangements under article 14 section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article 14 section 2 and currently maintains one multiple currency practice (MCP) subject to fund approval under article VIII section 3.1.' So Article VIII has stipulated that Iraq can only use one currency, Iraqi dinar. And meeting these requirements allows for the opportunity to change the exchange rate. So some exciting things coming out. There's people out there saying that this thing is months and months away. You and I like to keep a long-term perspective rather than it's next week...but all the things that are happening...these final details are being put into place that can allow for this to happen...
7-31-2019 Intel Guru MarkZ [via PDK] I hear that making the appointment is the important part and we will have weeks to get to the RC’s/banks...I still hear that you will have a redemption center within about 50 miles of you here in the US...they want your exchange to be easy. If you call the 800#, it is my understanding you will get the contract rate and will not have to jump through hoops to get it! I still hear that the street rate in Iraq will be $3.91. Its been pretty consistent this week from all sources that the public should start on Thursday...
7-31-2019 Intel Guru Bruce [via PinkRoses] ...our trigger is the toll-free number. The toll-free numbers are we understand staged and ready to release. We know the Redemption Center staff are primed and ready possibly as early as tomorrow [Wednesday] late morning...All the rates are on the screens. The currencies are fluctuating normally through normal trading. That is what we want to see. ...I just think we are finally there...Security is at a level 5, the highest level. They are ready. We are ready...I believe finally we are there. [post 2 of 2]
7-31-2019 Intel Guru Bruce Now, first of all, we are under the impression everything was to roll today [Tuesday] for us. Then we also heard we were waiting not only for the Dinar to come up which it did...Monday it was up on the screens at the banks. ...Really Iraq has been ready to go for about the last 3 to 4 days now. Totally ready. We can’t really say anything is holding up Iraq...we are seeing...a lot of movement that is taking us to the point where we should see something very soon... [post 1 of 2....stay tuned]
7-31-2019 Intel Guru Frank26 They have talked about the ATMs before on the news...but today this was the first time they went out and they were giving more options on the ATM machines and even said the ratio of ATMs in the country that started back in 2017 that there were 611 ATM machines back then but now they're telling the citizens that there are thousands of these new ATM machines including 356 alone in Baghdad...
7-30-2019 Newshound/Intel Guru Mnt Goat As we exit July, we still do not see any reinstatement of the Iraq currency. But we know it is very close at hand and I believe maybe even being held up for some reason now.
7-30-2019 Newshound Guru Vital Brad ...with the article that came out saying they're ready to implement article 140...They're saying they're ready to pay back citizens. They're ready to pay back for lost property, lost wages, lost opportunity. Where's the money coming from?...definitely want to pay attention to article 140...
7-30-2019 Intel Guru Frank26 They took down the picture of the governor of the Central Bank of Iraq from the CBI today...I have not vetted it yet but it's coming from a source that I trust and respect. So with that in mind I give it to you the CBI is getting ready to make an announcement that they have a new governor. What do you think this new governor is getting ready to make an announcement about? IMO the same damn thing the IMF just told the whole world. Iraq is of international standards and are article VIII... [Post 2 of 2]
7-30-2019 Intel Guru Frank26 Iraqi dinar investment...it's getting more and more interesting every day... we know the IMF came out a few days ago and blatantly put Iraq in the position where they are now internationally recognized cause they are article VIII...Today Mahdi the PM comes out and says Allawi is going to become the new governor of the Central Bank of Iraq...they're preparing themselves to give you an announcement... [Post 1 of 2]
7-30-2019 Newshound/Intel Guru Dinar Investor - Jeff A few weeks ago weeks ago an article came out that said Iraq's 2019 budget had Article 140 monies inside of it. That's their way of telling you they had plans of changing the rate during the year of 2019 because those monies are withing the 2019 budget. This article is important because they are telling you they are strongly ready to implement this. I have been putting emphasis on Q4...10/1 ...walking into Q4 with a new rate in hand. [post 2 of 2]
7-30-2019 Newshound/Intel Guru Dinar Investor - Jeff [new Guru] Iraq just posted a very good...important... article talking about how they are strongly ready to implement Article 140....Many people are saying that we are not close to the RV because Iraq has not implemented Article 140...that is an incorrect statement...The current constitution only goes to Article 139...the constitution will have to be amended to add Article 140 as well as the HCL to it. [post 1 of 2....stay tuned]
7-30-2019 Newshound Guru Kaperoni An article...stated they will have a 72 trillion dinar deficit. In other words they are building about 70 billion USD extra into the budget that is expected to be funded by foreign investment. In order for this to succeed, they must pass the laws needed, and open the banking system (Article VIII) for this to work. There is no alternative. The next 6 months will be fun to watch... [post 2 of 2]
7-30-2019 Newshound Guru Kaperoni Parliament is in the process of preparing the 2020 budget. Described in the media as "the budget will be different directions next year to represent the government's economic openness to investment and increase financial resources alternative to oil" and "indicating that the budget will create a qualitative boom in the Iraqi economy through drastic changes in public expenditure and investment funds and services." Clearly this is important to the transition to a market economy...As well as they are building the expenditure into the budget for 2020. [post 1 of 2....stay tuned]
7-30-2019 Newshound Guru Vital Brad ...with the article that came out saying they're ready to implement article 140...They're saying they're ready to pay back citizens. They're ready to pay back for lost property, lost wages, lost opportunity. Where's the money coming from?...definitely want to pay attention to article 140...
7-30-2019 Intel Guru Frank26 They took down the picture of the governor of the Central Bank of Iraq from the CBI today...I have not vetted it yet but it's coming from a source that I trust and respect. So with that in mind I give it to you the CBI is getting ready to make an announcement that they have a new governor. What do you think this new governor is getting ready to make an announcement about? IMO the same damn thing the IMF just told the whole world. Iraq is of international standards and are article VIII... [Post 2 of 2]
7-30-2019 Intel Guru Frank26 Iraqi dinar investment...it's getting more and more interesting every day... we know the IMF came out a few days ago and blatantly put Iraq in the position where they are now internationally recognized cause they are article VIII...Today Mahdi the PM comes out and says Allawi is going to become the new governor of the Central Bank of Iraq...they're preparing themselves to give you an announcement... [Post 1 of 2]
7-30-2019 Newshound/Intel Guru Dinar Investor - Jeff A few weeks ago weeks ago an article came out that said Iraq's 2019 budget had Article 140 monies inside of it. That's their way of telling you they had plans of changing the rate during the year of 2019 because those monies are withing the 2019 budget. This article is important because they are telling you they are strongly ready to implement this. I have been putting emphasis on Q4...10/1 ...walking into Q4 with a new rate in hand. [post 2 of 2]
7-30-2019 Newshound/Intel Guru Dinar Investor - Jeff [new Guru] Iraq just posted a very good...important... article talking about how they are strongly ready to implement Article 140....Many people are saying that we are not close to the RV because Iraq has not implemented Article 140...that is an incorrect statement...The current constitution only goes to Article 139...the constitution will have to be amended to add Article 140 as well as the HCL to it. [post 1 of 2....stay tuned]
7-30-2019 Newshound Guru Kaperoni An article...stated they will have a 72 trillion dinar deficit. In other words they are building about 70 billion USD extra into the budget that is expected to be funded by foreign investment. In order for this to succeed, they must pass the laws needed, and open the banking system (Article VIII) for this to work. There is no alternative. The next 6 months will be fun to watch... [post 2 of 2]
7-30-2019 Newshound Guru Kaperoni Parliament is in the process of preparing the 2020 budget. Described in the media as "the budget will be different directions next year to represent the government's economic openness to investment and increase financial resources alternative to oil" and "indicating that the budget will create a qualitative boom in the Iraqi economy through drastic changes in public expenditure and investment funds and services." Clearly this is important to the transition to a market economy...As well as they are building the expenditure into the budget for 2020. [post 1 of 2....stay tuned]
7-29-2019 Newshound Guru Kaperoni Article VIII is absolutely necessary to invite investors and capital to Iraq. They will not get much help rebuilding the private sector if they do not do this. Investors want to be able to get their profits out of Iraq and Article VIII is an important step to achieve this.
7-29-2019 Intel Guru MarkZ [Can Iraq go before the rest of the world?] yes- In country...I hear though that because of the Gold Treaty they cannot go international. From Iraq - hearing the street rate will be $3.91 and they expect it to be live this week. The dong I am still expecting a $2 or $2.25...
7-29-2019 Newshound/Intel Guru RVAlready Just like Kuwait, Iraq will deny this is happening until after it happens. Do not expect advance confirmation of anything.
7-29-2019 Newshound Guru Kaperoni The once [one?] restriction appears to be a combination of the CBI requiring participants in the auction to have a bank account, and also the 2% spread. It does say the IMF is monitoring the situation. It does seem to be something that can be resolved fairly quickly if need be and it will be interesting to see what the IMF says in the future on this since the CBI has meet the 2% spread rule for the past 16+ months. [post 2 of 2]
7-29-2019 Newshound Guru Kaperoni There is some confusion about Article XIV and Article VIII. If you go back and look at a few older Article IV Consultations I believe you will find that Iraq has met Article XIV conditions for a while. In order to transition from XIV to VIII you must meet the conditions of the Article prior to moving to it. So in this case the IMF states clearly the CBI has one restriction under Article VIII. Therefore, they need to solve that prior to the IMF giving their blessing for acceptance into Article VIII. [post 1 of 2....stay tuned]
7-29-2019 Newshound Guru EHankins Iraq is article 8... They have practiced it for nearly a year now. there is no fear they just need to speak it into the world...
7-29-2019 Newshound/Intel Guru Frank26 The IMF comes out and kinda suggests that they are Article VIII...they [the CBI and Iraq] have to admit it now. They have to accept the terms of Article VIII and responsibilities of Article VIII...the IMF can not make the announcement...there will be a press conference...from the CBI...
7-29-2019 Intel Guru MarkZ [Can Iraq go before the rest of the world?] yes- In country...I hear though that because of the Gold Treaty they cannot go international. From Iraq - hearing the street rate will be $3.91 and they expect it to be live this week. The dong I am still expecting a $2 or $2.25...
7-29-2019 Newshound/Intel Guru RVAlready Just like Kuwait, Iraq will deny this is happening until after it happens. Do not expect advance confirmation of anything.
7-29-2019 Newshound Guru Kaperoni The once [one?] restriction appears to be a combination of the CBI requiring participants in the auction to have a bank account, and also the 2% spread. It does say the IMF is monitoring the situation. It does seem to be something that can be resolved fairly quickly if need be and it will be interesting to see what the IMF says in the future on this since the CBI has meet the 2% spread rule for the past 16+ months. [post 2 of 2]
7-29-2019 Newshound Guru Kaperoni There is some confusion about Article XIV and Article VIII. If you go back and look at a few older Article IV Consultations I believe you will find that Iraq has met Article XIV conditions for a while. In order to transition from XIV to VIII you must meet the conditions of the Article prior to moving to it. So in this case the IMF states clearly the CBI has one restriction under Article VIII. Therefore, they need to solve that prior to the IMF giving their blessing for acceptance into Article VIII. [post 1 of 2....stay tuned]
7-29-2019 Newshound Guru EHankins Iraq is article 8... They have practiced it for nearly a year now. there is no fear they just need to speak it into the world...
7-29-2019 Newshound/Intel Guru Frank26 The IMF comes out and kinda suggests that they are Article VIII...they [the CBI and Iraq] have to admit it now. They have to accept the terms of Article VIII and responsibilities of Article VIII...the IMF can not make the announcement...there will be a press conference...from the CBI...
7-28-2019 Newshound Guru Whitelions [Reference Guru future post 7-28-2019] ...it has to start now or what they are doing will be for nothing...thats not going to happen...all the work they have put in to where they are now just to stop does that make sense to you?
7-28-2019 Newshound Guru future "Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices..." ...tells us Iraq restrictions have been removed...its time for the transition to article 8...article 14 is no longer needed...lets hope and pray they are confident enough to make that jump sooner rather than later.
7-28-2019 Newshound Guru Whitelions [Allowi was supposed to be PM, back in the day, about 3 PM's ago...guess USA backed Maliki now Allowi is CBI governor? What a circus! Musical chairs...] ...get your head out of the past...yes the US backed the wrong person but 30 years of dictatorship didnt give us much info on who to pick so we took a chance. Now...too much has changed in a very short time and we have to go with what is going on now and now they are ready. ...they have had so bumps and scraps but they are there now...
7-28-2019 Intel Guru Frank26 IMF SAYS IRAQ IS ARTICLE 8... Dont forget they were taken off the stand by agreement! The IMF said they have their multiple currency practice, no longer under restrictions! This is important! Today the IMF told the world "by the way.."... contractors are going ballistic...WS [Guru Walkingstick] TOLD US THEY WERE DOING THIS FOR SOMETIME THAT THEY WERE ARTICLE 8 COMPLIANT, JUST HAVE NOT TOLD US/THE WORLD FORMALLY...THE 3 ZEROS WERE LIFTED ELECTRONICALLY IN JAN... THE IMF TOLD US, NOW WE NEED IRAQ TO TELL US THEY ACCEPTED THESE AGREEMENTS, TO ADD VALUE... THERE IS NO WAITING PERIOD, JUST HAVE TO DO IT...So how long will we have to wait? There is no waiting period - none…The moment they have the strength, will and desire to do it…they will raise the value of their currency...
7-28-2019 Newshound Guru Kaperoni ...Iraq has been clear of restrictions under Article XIV for some time, but still has one restriction under Article VIII they must overcome before they can officially accept Article VIII.
7-28-2019 Newshound Guru future "Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices..." ...tells us Iraq restrictions have been removed...its time for the transition to article 8...article 14 is no longer needed...lets hope and pray they are confident enough to make that jump sooner rather than later.
7-28-2019 Newshound Guru Whitelions [Allowi was supposed to be PM, back in the day, about 3 PM's ago...guess USA backed Maliki now Allowi is CBI governor? What a circus! Musical chairs...] ...get your head out of the past...yes the US backed the wrong person but 30 years of dictatorship didnt give us much info on who to pick so we took a chance. Now...too much has changed in a very short time and we have to go with what is going on now and now they are ready. ...they have had so bumps and scraps but they are there now...
7-28-2019 Intel Guru Frank26 IMF SAYS IRAQ IS ARTICLE 8... Dont forget they were taken off the stand by agreement! The IMF said they have their multiple currency practice, no longer under restrictions! This is important! Today the IMF told the world "by the way.."... contractors are going ballistic...WS [Guru Walkingstick] TOLD US THEY WERE DOING THIS FOR SOMETIME THAT THEY WERE ARTICLE 8 COMPLIANT, JUST HAVE NOT TOLD US/THE WORLD FORMALLY...THE 3 ZEROS WERE LIFTED ELECTRONICALLY IN JAN... THE IMF TOLD US, NOW WE NEED IRAQ TO TELL US THEY ACCEPTED THESE AGREEMENTS, TO ADD VALUE... THERE IS NO WAITING PERIOD, JUST HAVE TO DO IT...So how long will we have to wait? There is no waiting period - none…The moment they have the strength, will and desire to do it…they will raise the value of their currency...
7-28-2019 Newshound Guru Kaperoni ...Iraq has been clear of restrictions under Article XIV for some time, but still has one restriction under Article VIII they must overcome before they can officially accept Article VIII.
7-27-2019 Newshound/Intel Guru Mnt Goat So in comes Mutada Sadr who has had enough of this corruption and wants to end it. He then runs an anti-corruption campaign for elections in 2018 and wins. He makes the PM sign agreements to complete a list of the needed reforms. ...These reforms are all about ending the corruption and getting the currency project to delete the zeros done. So far it has been over a year and so what has happened so far? Not much! [post 2 of 2]
7-27-2019 Newshound/Intel Guru Mnt Goat Article: "REVEALED 17 CORRUPTION SUSPICIONS THAT HAVE PLAGUED IRAQ'S CENTRAL BANK OVER THE PAST YEARS" So ending this issue of corruption is not as simple as some...tell you...they say, just RV, and the auctions go away and the corruption ends. Folks it is not that simple then to get the reinstatement (thus eventually a significant rate change we want) when there are billions being stolen. The longer it goes on the longer it will take to stop it. Remember that Dr Shabibi told us in a news media interview after the fact that the CBI had an “unprecedented opportunity” in 2013 to reinstate the dinar and end all this corruption but the corrupt politicians stopped it and reprevented it. This has been the case ever since... [post 1 of 2....stay tuned]
7-27-2019 Intel Guru Delta FROM IMF REPORT: "Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article XIV, Section 2, and currently maintains one multiple currency practice (MCP) subject to Fund approval under Article VIII, Section 3.1" BYE BYE ARTICLE Article XIV ...WELCOME ARTICLE VIII.
7-27-2019 New Newshound Guru Vital Brad Article "The appointment of new governor of the Central Bank and a head of the Financial Control Bureau" Quote "the council decided to recommend to the House of Representatives to appoint [Ali Abdul Amir Allawi] governor of the Central Bank..." On Tuesday they did some voting and Allaq is out of the CBI governor and the new governor actually worked with Dr. Shabibi on the RI plan. So another critical piece has fallen into place. This is some of the best news we've seen in years. If you've been following you understand putting Allawi into place as the governor as much work as he has done with Shabibi in the past is a really big sign that pieces are falling into place and about to happen...
7-27-2019 Newshound/Intel Guru Frank26 ...Turns out the IMF is happy now. They said look you passed the Financial Management Law, go ahead and implement it now. Change your rate. Lift your three zeros. Bring in the new monetary policy. This is very very good...This [IMF] report is exactly what we wanted to see. They didn't tell them you gotta do this. They didn't tell them here's some more money...no Standby [Agreement] by extension...we wanted to share with you what they are slowly releasing...they're transitioning from a 14 to an 8...this is my opinion. Nobody knows the date. Nobody knows the rate...
7-27-2019 Newshound Guru chattels Article: "IMF Executive Board Concludes 2019 Article IV Consultation with Iraq" Nothing we have not heard before in this recent report, IMO. Iraq continues to have substantial shortcomings in various financial arenas. A cautionary tale of real problems and possible betterment. Tune in next year.
7-27-2019 Intel Guru Frank26 IMF / CBI 19th JULY MEETING - This meeting was extremely important...Iraq is about to start the Post Monetary Program. The IMF is extremely pleased with Iraq. Implement the FML now... because the SBA is done.
7-27-2019 Newshound/Intel Guru Mnt Goat Article: "REVEALED 17 CORRUPTION SUSPICIONS THAT HAVE PLAGUED IRAQ'S CENTRAL BANK OVER THE PAST YEARS" So ending this issue of corruption is not as simple as some...tell you...they say, just RV, and the auctions go away and the corruption ends. Folks it is not that simple then to get the reinstatement (thus eventually a significant rate change we want) when there are billions being stolen. The longer it goes on the longer it will take to stop it. Remember that Dr Shabibi told us in a news media interview after the fact that the CBI had an “unprecedented opportunity” in 2013 to reinstate the dinar and end all this corruption but the corrupt politicians stopped it and reprevented it. This has been the case ever since... [post 1 of 2....stay tuned]
7-27-2019 Intel Guru Delta FROM IMF REPORT: "Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article XIV, Section 2, and currently maintains one multiple currency practice (MCP) subject to Fund approval under Article VIII, Section 3.1" BYE BYE ARTICLE Article XIV ...WELCOME ARTICLE VIII.
7-27-2019 New Newshound Guru Vital Brad Article "The appointment of new governor of the Central Bank and a head of the Financial Control Bureau" Quote "the council decided to recommend to the House of Representatives to appoint [Ali Abdul Amir Allawi] governor of the Central Bank..." On Tuesday they did some voting and Allaq is out of the CBI governor and the new governor actually worked with Dr. Shabibi on the RI plan. So another critical piece has fallen into place. This is some of the best news we've seen in years. If you've been following you understand putting Allawi into place as the governor as much work as he has done with Shabibi in the past is a really big sign that pieces are falling into place and about to happen...
7-27-2019 Newshound/Intel Guru Frank26 ...Turns out the IMF is happy now. They said look you passed the Financial Management Law, go ahead and implement it now. Change your rate. Lift your three zeros. Bring in the new monetary policy. This is very very good...This [IMF] report is exactly what we wanted to see. They didn't tell them you gotta do this. They didn't tell them here's some more money...no Standby [Agreement] by extension...we wanted to share with you what they are slowly releasing...they're transitioning from a 14 to an 8...this is my opinion. Nobody knows the date. Nobody knows the rate...
7-27-2019 Newshound Guru chattels Article: "IMF Executive Board Concludes 2019 Article IV Consultation with Iraq" Nothing we have not heard before in this recent report, IMO. Iraq continues to have substantial shortcomings in various financial arenas. A cautionary tale of real problems and possible betterment. Tune in next year.
7-27-2019 Intel Guru Frank26 IMF / CBI 19th JULY MEETING - This meeting was extremely important...Iraq is about to start the Post Monetary Program. The IMF is extremely pleased with Iraq. Implement the FML now... because the SBA is done.
7-26-2019 Newshound/Intel Guru Delta NOT OFFICIAL YET....... PARLIAMENT HAVE TO APPROVE HIM [New CBI Governor] FIRST..... ALAQ IS STILL IN UNTIL THEN...
7-26-2019 Guest Guru Michael Cottrell [via PDK] [People want to know if you feel we are close to the reset and the revaluation?] I hadn’t seen any progress in 15 years…since Trump got into office I have seen a tremendous amount of progress…Right now its like a landslide…its been picking up momentum…yes I think we are right on top of it…
7-26-2019 Intel Guru Eagleone2025 [via PDK] EAGLE ONE HAS BEEN FLYING TIME IS NOW AT HAND TUES. WED. ARE BIG DAYS...NEXT WEEK I AM TOLD ALL THINGS ARE STILL ON TRACK DC. CONTACTS THERE HAS BEEN SOME DISRUPTIONS BUT ALL THINGS ARE STILL GO. MILITARY IS ON HIGH ALERT...
7-26-2019 Intel Guru MarkZ [via PDK] I’m almost afraid to get to excited…but I am cautiously optimistic today... In Iraq - No new rate yet on the streets...spoke with 3 contacts...my contractor friend is working on new rates for employees…they expect the new rate this weekend. ...we should get 800 numbers over the weekend...My redemption center contacts are on call for this weekend and definitely working on Monday. Many people have gotten quiet...They are pushing me too...
7-26-2019 Newshound Guru larrykn I understand the corruption in Iraq but I get to wonder if that will really stop them from moving on. They have always been corrupt but they seem to have manage to have their currency out to the world. The one thing that has change this time around is the fact that they have outside investor coming in. This IMO is the game changer and is why they are trying to get a handle on the corruption in Iraq. If they do I see a bright future for them if they don't. We will be sitting here. No one will want to invest in a country that they wouldn't know if their money is safe or not and they can get it out. We will see.
7-26-2019 Intel Guru Bruce [via PinkRoses] ...I believe everything is ready to go from what I heard this afternoon, but I know there has been clean up since Tuesday night and taken care of... Now, I do believe we are very close. Like I said, we thought we would go today [Thursday]. It did not happen... I am hearing the idea of numbers tomorrow [Friday], set appointments and starting Saturday. Do not write off the possibility of something happening tomorrow [Friday] afternoon or tomorrow evening as a Go Time or start...I think from an overall security point of view we are in pretty good shape. ...Now, rates are something we just can’t say now what they are. We just do not know...I am hoping tomorrow [Friday] is a wonderful opportunity for us. At least that is what we are hearing.
7-26-2019 Guest Guru Michael Cottrell [via PDK] [People want to know if you feel we are close to the reset and the revaluation?] I hadn’t seen any progress in 15 years…since Trump got into office I have seen a tremendous amount of progress…Right now its like a landslide…its been picking up momentum…yes I think we are right on top of it…
7-26-2019 Intel Guru Eagleone2025 [via PDK] EAGLE ONE HAS BEEN FLYING TIME IS NOW AT HAND TUES. WED. ARE BIG DAYS...NEXT WEEK I AM TOLD ALL THINGS ARE STILL ON TRACK DC. CONTACTS THERE HAS BEEN SOME DISRUPTIONS BUT ALL THINGS ARE STILL GO. MILITARY IS ON HIGH ALERT...
7-26-2019 Intel Guru MarkZ [via PDK] I’m almost afraid to get to excited…but I am cautiously optimistic today... In Iraq - No new rate yet on the streets...spoke with 3 contacts...my contractor friend is working on new rates for employees…they expect the new rate this weekend. ...we should get 800 numbers over the weekend...My redemption center contacts are on call for this weekend and definitely working on Monday. Many people have gotten quiet...They are pushing me too...
7-26-2019 Newshound Guru larrykn I understand the corruption in Iraq but I get to wonder if that will really stop them from moving on. They have always been corrupt but they seem to have manage to have their currency out to the world. The one thing that has change this time around is the fact that they have outside investor coming in. This IMO is the game changer and is why they are trying to get a handle on the corruption in Iraq. If they do I see a bright future for them if they don't. We will be sitting here. No one will want to invest in a country that they wouldn't know if their money is safe or not and they can get it out. We will see.
7-26-2019 Intel Guru Bruce [via PinkRoses] ...I believe everything is ready to go from what I heard this afternoon, but I know there has been clean up since Tuesday night and taken care of... Now, I do believe we are very close. Like I said, we thought we would go today [Thursday]. It did not happen... I am hearing the idea of numbers tomorrow [Friday], set appointments and starting Saturday. Do not write off the possibility of something happening tomorrow [Friday] afternoon or tomorrow evening as a Go Time or start...I think from an overall security point of view we are in pretty good shape. ...Now, rates are something we just can’t say now what they are. We just do not know...I am hoping tomorrow [Friday] is a wonderful opportunity for us. At least that is what we are hearing.
7-25-2019 Newshound/Intel Guru Mnt Goat The FACT is that parliament is NOT going to let the CBI run itself and function totally independent with all the corruption going on within it. This is a simple FACT...They already passed the “Financial Management Law” and within it makes them able to monitor and tell the CBI what to do. One aspect is first to get rid of the proxy positions within. This is now happening. Then they need to work on ending these currency auctions in a matter of however they do it.
7-25-2019 Intel Guru Delta [Do we need to see the new CBI Governor votes in before the RI?] NO...ALAQ STILL IN CHARGE FOR NOW...
7-25-2019 Intel Guru MarkZ [via PDK] July 25th...would be a great day for an exchange - don’t ya think? I hear a lot of Intel Providers were asked to be quiet this week…I have been under pressure to be quiet… ...We may actually be at the end of our journey...With all the chatter today well may be 800 number day…It very well could be a daytime event today. I really think this weekend is in play ...We have been on edge a long time...but today…I think is a day we should be alert and on edge...I am very excited about what is happening today...
7-25-2019 Newshound Guru Kaperoni This is not speculation. If you go back and look at the last Article IV consultation which might have been in 2016 or 17 they specifically said in there that they should accept article VIII to send a message to the world that Iraq's banking system is open for business...Of course the dinar wasn't in compliance then so they couldn't. The step holding them back was the ability to sustain and manage the currency for 90 days or more and its been 16 17 months now. They have met the criteria. They just need to write the letter...If they want the money and they want the investment. And they want to rebuild they gotta put on the boots and jump across the pond... [Post 2 of 2]
7-25-2019 Newshound Guru Kaperoni [Question: Does the IMF have to invite Iraq into Article VIII or has the invitation been out there since the IMF has been working with Iraq?] ...They are not necessarily "invited" but they are in Article XIV...a developmental put your procedures in place and prove your abilities to manage money and to manage monetary policy. It's at a lesser level than Article VIII...There's no specific time frame but...they're supposed to be 'constantly striving to move into Article VIII'. And they're not going to get the benefits of Article VIII until they do. If they remain in Article XIV the banking system remains closed because it's a risky venture to engage with their banking system. [Post 1 of 2]
7-25-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQ: SIGNING OF A NEW AGREEMENT WITH THE US STOCK EXCHANGE ON THE TECHNOLOGY OF TRADING AND DEPOSIT SECURITIES" If they were not going to relist (reinstate) the Iraqi dinar on FOREX then why ...would they be getting all this Nasdaq technology synced up? Trading the ISX on Nasdaq can not happen without the reinstatement of the dinar on FOREX first. Get it? This is a FACT not my opinion. The placeholder for the IQD is already established on FOREX and we are waiting for the rate to pop in.
7-25-2019 Intel Guru Delta [Do we need to see the new CBI Governor votes in before the RI?] NO...ALAQ STILL IN CHARGE FOR NOW...
7-25-2019 Intel Guru MarkZ [via PDK] July 25th...would be a great day for an exchange - don’t ya think? I hear a lot of Intel Providers were asked to be quiet this week…I have been under pressure to be quiet… ...We may actually be at the end of our journey...With all the chatter today well may be 800 number day…It very well could be a daytime event today. I really think this weekend is in play ...We have been on edge a long time...but today…I think is a day we should be alert and on edge...I am very excited about what is happening today...
7-25-2019 Newshound Guru Kaperoni This is not speculation. If you go back and look at the last Article IV consultation which might have been in 2016 or 17 they specifically said in there that they should accept article VIII to send a message to the world that Iraq's banking system is open for business...Of course the dinar wasn't in compliance then so they couldn't. The step holding them back was the ability to sustain and manage the currency for 90 days or more and its been 16 17 months now. They have met the criteria. They just need to write the letter...If they want the money and they want the investment. And they want to rebuild they gotta put on the boots and jump across the pond... [Post 2 of 2]
7-25-2019 Newshound Guru Kaperoni [Question: Does the IMF have to invite Iraq into Article VIII or has the invitation been out there since the IMF has been working with Iraq?] ...They are not necessarily "invited" but they are in Article XIV...a developmental put your procedures in place and prove your abilities to manage money and to manage monetary policy. It's at a lesser level than Article VIII...There's no specific time frame but...they're supposed to be 'constantly striving to move into Article VIII'. And they're not going to get the benefits of Article VIII until they do. If they remain in Article XIV the banking system remains closed because it's a risky venture to engage with their banking system. [Post 1 of 2]
7-25-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQ: SIGNING OF A NEW AGREEMENT WITH THE US STOCK EXCHANGE ON THE TECHNOLOGY OF TRADING AND DEPOSIT SECURITIES" If they were not going to relist (reinstate) the Iraqi dinar on FOREX then why ...would they be getting all this Nasdaq technology synced up? Trading the ISX on Nasdaq can not happen without the reinstatement of the dinar on FOREX first. Get it? This is a FACT not my opinion. The placeholder for the IQD is already established on FOREX and we are waiting for the rate to pop in.
7-24-2019 Newshound Guru Kaperoni The rate has not moved...its pegged to the dollar. Monitoring any kind of Forex or other service is a waste of time because it's just reflecting the dollar strengthening or weakening...the only official site for the dinar is CBI. IQ. The Official Rate of the Iraqi dinar is 1190 and as I stated it is pegged. The Market Rate or Street Rate is the rate that the dinar is sold in Iraq which is currently around 1205 within the IMF 2% compliance... [Note: You can always see the CBI's latest reported official rate and market rate for the dinar on the left side of this page.]
7-24-2019 Newshound Guru Adam Montana Iraq is currently in the final stages of preparation to return to their previous status in the world. They are not a country that has been in poverty for centuries...they are barely over a decade into their current situation. They have had a short setback in their financial situation, but at their core they are a rich country and this is not a huge mental shift for them to return to prosperity. The budget, in my opinion, is not something that will hold them back. A few strokes of the pen and some clicks of a mouse and the Budget is adjusted... [post 2 of 2]
7-24-2019 Newshound Guru Adam Montana Iraq is currently operating on a budget fit for a pauper, even through by rights Iraq should be one of the wealthiest nations in the world. Iraq has, in the past, operated on budgets and status befitting their actual situation - that situation being one of the wealthiest nations in the world... The People who hold physical Dinar simply benefit by the increase in value, just like we will. A new printed currency comes out within weeks or even days of the rate change, and we're all aware that the new notes are ready to be printed, if not already printed and being held for distribution. [post 1 of 2....stay tuned]
7-24-2019 Intel Guru MarkZ [via PDK] Folks in Zurich are expecting appointments at 4 pm today. My guys in Asia did not get to exchange yet…I spoke to contacts in Hong Kong, Sinapore and China...they are also waiting. My guys at the redemption center are just sitting there twiddling their thumbs…I still believe the hold up is our US treasury…I could be wrong but that is what I believe. I have very good sources in Iraq and in the military and they both say it could happen at any time between now and Mid-August. They are very confident. They must have some intel they have seen that they cannot share with me just yet. Many intel people say this is the week…by Friday…by the 26th.
7-24-2019 Intel Guru Bruce This is only my theory. I believe that some of this flashing of the Dinar is absolutely manipulated. It is not Iraq is not ready. They have been ready. We haven’t been ready for them to go live. The US and in some cases some of the countries aren’t really ready. Now, I think everything is about ready now. My theory is that the Dinar flashing will stop, and the rate will be live and fluctuating when everything else is ready for this to go. ...So, the point is even though the rates are still flashing on the Iraqi Dinar, that could change in an instant. Redemption Center Staff...were on 24 hour call this afternoon [Tuesday]. So, that tells me that they know it is imminent. They know it can go at any moment... [post 2 of 2]
7-24-2019 Intel Guru Bruce What is interesting about Iraq is that the rate would be flashing which means it is not tradable...Then all of a sudden it would not be flashing and we would have fluctuation of the rate...It would come up for 2, 4, or 6 hours and then it would come back to flashing... I am sure they were fluctuating and being traded upward, and they want them to be traded towards the higher end where the Dinar supposed to start. ...We know that the Dinar because it is gold back, it has a good value, and it will have a good value... [post 1 of 2....stay tuned]
7-24-2019 Newshound Guru Kaperoni ...I think it's funny nobody ever knew what Article VIII was until me and [Guru] Enorrste started talking about this seven or eight years ago...What Article VIII is an international standard that the IMF has created...All the central banks around the world try to achieve that level and the way it's worded...'they should constantly be striving to move to Article VIII'. You don't want to sit in Article XIV...
7-24-2019 Newshound/Intel Guru Mnt Goat [reference Mnt Goat post 7-23-2019] This re-rating process has occurred already since 2012 over and over again when the new system was initiated. It should be obvious to everyone that there were still errors/bugs in the algorithms back then that needed fixing. Also another problems was how to represent the Contractor rates separate from the market rates. This too is now all fixed. The rates change because they re-run the application from time to time, just as they will do when it all goes live someday. So right now, it is still in a “BETA Test” mode. They are still flushing out bugs but it is now very stable. [post 1 of 2....stay tuned]
7-24-2019 Newshound Guru Adam Montana Iraq is currently in the final stages of preparation to return to their previous status in the world. They are not a country that has been in poverty for centuries...they are barely over a decade into their current situation. They have had a short setback in their financial situation, but at their core they are a rich country and this is not a huge mental shift for them to return to prosperity. The budget, in my opinion, is not something that will hold them back. A few strokes of the pen and some clicks of a mouse and the Budget is adjusted... [post 2 of 2]
7-24-2019 Newshound Guru Adam Montana Iraq is currently operating on a budget fit for a pauper, even through by rights Iraq should be one of the wealthiest nations in the world. Iraq has, in the past, operated on budgets and status befitting their actual situation - that situation being one of the wealthiest nations in the world... The People who hold physical Dinar simply benefit by the increase in value, just like we will. A new printed currency comes out within weeks or even days of the rate change, and we're all aware that the new notes are ready to be printed, if not already printed and being held for distribution. [post 1 of 2....stay tuned]
7-24-2019 Intel Guru MarkZ [via PDK] Folks in Zurich are expecting appointments at 4 pm today. My guys in Asia did not get to exchange yet…I spoke to contacts in Hong Kong, Sinapore and China...they are also waiting. My guys at the redemption center are just sitting there twiddling their thumbs…I still believe the hold up is our US treasury…I could be wrong but that is what I believe. I have very good sources in Iraq and in the military and they both say it could happen at any time between now and Mid-August. They are very confident. They must have some intel they have seen that they cannot share with me just yet. Many intel people say this is the week…by Friday…by the 26th.
7-24-2019 Intel Guru Bruce This is only my theory. I believe that some of this flashing of the Dinar is absolutely manipulated. It is not Iraq is not ready. They have been ready. We haven’t been ready for them to go live. The US and in some cases some of the countries aren’t really ready. Now, I think everything is about ready now. My theory is that the Dinar flashing will stop, and the rate will be live and fluctuating when everything else is ready for this to go. ...So, the point is even though the rates are still flashing on the Iraqi Dinar, that could change in an instant. Redemption Center Staff...were on 24 hour call this afternoon [Tuesday]. So, that tells me that they know it is imminent. They know it can go at any moment... [post 2 of 2]
7-24-2019 Intel Guru Bruce What is interesting about Iraq is that the rate would be flashing which means it is not tradable...Then all of a sudden it would not be flashing and we would have fluctuation of the rate...It would come up for 2, 4, or 6 hours and then it would come back to flashing... I am sure they were fluctuating and being traded upward, and they want them to be traded towards the higher end where the Dinar supposed to start. ...We know that the Dinar because it is gold back, it has a good value, and it will have a good value... [post 1 of 2....stay tuned]
7-24-2019 Newshound Guru Kaperoni ...I think it's funny nobody ever knew what Article VIII was until me and [Guru] Enorrste started talking about this seven or eight years ago...What Article VIII is an international standard that the IMF has created...All the central banks around the world try to achieve that level and the way it's worded...'they should constantly be striving to move to Article VIII'. You don't want to sit in Article XIV...
7-24-2019 Newshound/Intel Guru Mnt Goat [reference Mnt Goat post 7-23-2019] This re-rating process has occurred already since 2012 over and over again when the new system was initiated. It should be obvious to everyone that there were still errors/bugs in the algorithms back then that needed fixing. Also another problems was how to represent the Contractor rates separate from the market rates. This too is now all fixed. The rates change because they re-run the application from time to time, just as they will do when it all goes live someday. So right now, it is still in a “BETA Test” mode. They are still flushing out bugs but it is now very stable. [post 1 of 2....stay tuned]
7-23-2019 Intel/Newshound Guru sandyf For all the talk of economic growth and currency value, I find it very sobering that one(1) Chinese Yuan equals 0.15 United States Dollar. You should bear in mind a rate on its own does not mean a great deal. Denmark is about the same value as China and Norway/Sweden somewhat less. The Saudi Riyal is about 26 cents yet the Kuwait Dinar is 3.28 dollars.
7-23-2019 Newshound/Intel Guru Mnt Goat What will the actual rate be then when it goes live? The rate will be the rate at the time they trigger the reinstatement. It is as simple as that. They will simply run the algorithms again and the system will determine the new rate. This rate will be brought forward to FOREX and the rates at the bank will come LIVE. So the rate will be whatever the system happens to generate at that time. [post 2 of 2]
7-23-2019 Newshound/Intel Guru Mnt Goat From everything I know and have been told as FACTUAL this...The de-facto peg will go away. The currency auctions as we know them today will end. The dinar will then be pegged to an IMF SDR basket of currencies and be rated based on the values of these five currencies along with the assets of Iraq. This process is already underway today and has been ongoing since 2012. So this is FACT not OPINION! ...Then this new rate ($3.00 - $4.00+) will be reinstated on FOREX for trading. We are already seeing the new rate coming up on bank screens under HOLD subject to becoming LIVE. The rate has fluctuated anywhere from $3.20 upwards to $4.25. So again this process is already underway. [post 1 of 2....stay tuned]
7-23-2019 Intel Guru MarkZ [via PDK] We are hearing from Asia they are pulling people in and preparing for it to go. Military sources and Iraqi sources say its anytime between now and mid August...they feel this is it now and is going to be finished this time. I personally do not think we will be waiting 3 more weeks...not with all the positive chatter from everyone involved. [So they are being KAWAITED !! They did that then...and when they said that they released the RV the next day!!] Yes when Kuwait was revalued…they took out a big ad saying they were not going to RV…then they did it that afternoon...big fake out. My Iraqi contractor friend is excited as he has been asked to compute new rates for his employees. They think the new rate is very close. At redemption centers they are working today and have been asked to cancel their vacations for the near future...this is good news for us.
7-23-2019 Newshound Guru Kaperoni ...This [International Monetary Fund] article IV consultation that took place just a couple of months ago is being created now and printed. My understanding is it said July in the press release. This is a significant item for us to review because what is it going to say? Is it going to encourage them to move to Article VIII and open up for business? Or is it going to say something we don't want to read? We won't know until we read it. You wouldn't have all these activities happening in Iraq if the financial system needed the brakes to be put on...We said a year and a half ago they are never going to go into Article VIII until they are in 2% compliance...nothing ever happened because they weren't in compliance...[They are now in compliance]...
7-23-2019 Newshound/Intel Guru Mnt Goat What will the actual rate be then when it goes live? The rate will be the rate at the time they trigger the reinstatement. It is as simple as that. They will simply run the algorithms again and the system will determine the new rate. This rate will be brought forward to FOREX and the rates at the bank will come LIVE. So the rate will be whatever the system happens to generate at that time. [post 2 of 2]
7-23-2019 Newshound/Intel Guru Mnt Goat From everything I know and have been told as FACTUAL this...The de-facto peg will go away. The currency auctions as we know them today will end. The dinar will then be pegged to an IMF SDR basket of currencies and be rated based on the values of these five currencies along with the assets of Iraq. This process is already underway today and has been ongoing since 2012. So this is FACT not OPINION! ...Then this new rate ($3.00 - $4.00+) will be reinstated on FOREX for trading. We are already seeing the new rate coming up on bank screens under HOLD subject to becoming LIVE. The rate has fluctuated anywhere from $3.20 upwards to $4.25. So again this process is already underway. [post 1 of 2....stay tuned]
7-23-2019 Intel Guru MarkZ [via PDK] We are hearing from Asia they are pulling people in and preparing for it to go. Military sources and Iraqi sources say its anytime between now and mid August...they feel this is it now and is going to be finished this time. I personally do not think we will be waiting 3 more weeks...not with all the positive chatter from everyone involved. [So they are being KAWAITED !! They did that then...and when they said that they released the RV the next day!!] Yes when Kuwait was revalued…they took out a big ad saying they were not going to RV…then they did it that afternoon...big fake out. My Iraqi contractor friend is excited as he has been asked to compute new rates for his employees. They think the new rate is very close. At redemption centers they are working today and have been asked to cancel their vacations for the near future...this is good news for us.
7-23-2019 Newshound Guru Kaperoni ...This [International Monetary Fund] article IV consultation that took place just a couple of months ago is being created now and printed. My understanding is it said July in the press release. This is a significant item for us to review because what is it going to say? Is it going to encourage them to move to Article VIII and open up for business? Or is it going to say something we don't want to read? We won't know until we read it. You wouldn't have all these activities happening in Iraq if the financial system needed the brakes to be put on...We said a year and a half ago they are never going to go into Article VIII until they are in 2% compliance...nothing ever happened because they weren't in compliance...[They are now in compliance]...
7-22-2019 Intel Guru RayRen98 We have been waiting to get some updates about the banking situation. I was told the 800# could come at any minute last night. Everyone is in position. I will let you know if I get the update...
7-22-2019 Intel/Newshound Guru sandyf ...no chatter on that imf consultation that happened the other day...The Art 4 consultation was held in May and the report has to be approved by the board before being published. It is due to be published in July but not as yet. Rest assured that when it is published there will be significant chatter.
7-22-2019 Newshound Guru Enorrste Question: ...do you think this float may cause a meteoric rise in the value...it's going to skyrocket in value quickly...? ...The CBI has very cautiously moved step-by-step to get every single thing they can think of in place. When they pull that trigger they are going to have controls just like they've put controls for the last three or four years. They are going to have controls that will allow them to control the rise of the float. What they don't want is meteoric. It will be too scary for them. They have to control it...I do think it's going to go quickly. I think within 3 years we'll see $3.00. That's my own personal opinion...but I do think they're not stupid and if it starts to be crazy they are to put a ratchet in there...
7-22-2019 Intel Guru Markz Little or no news today……people have gotten very quiet…scary quiet…Dead quiet……I think quiet could be good. The folks in Zurich are still being told that funding is tomorrow. One is a historic bond and the other was a currency exchange …so that still looks like it’s a “go”. No new rate in Iraq yet…We are still hearing exchanges start tomorrow so we should see something today. Question: Any news on whether Trump signed the RV paperwork yet? I heard Trump received the paperwork this weekend…..i do not know if it was signed or not…..wish I did …like I said everyone I talk to has gotten very quiet…but he supposedly has it in his possession as of this weekend...
7-22-2019 Newshound Guru Kaperoni Question: ...We would get people who would ask us about cashing out and what the next stage is and what should we do? We don't speculate on that...but what I can tell you is we are not going to abandon ship when and if the dinar starts to go up in value and a mechanism is in place for people to cash out or deposit their dinars into an account...it will occur and be news to all of us and we'll all learn together. You're not going to have to get up at 6am and go stand in line at a bank. It's not gonna happen like that. We'll all learn together. Just like in the past when we talked about this investment we'll present whatever information that comes forward...
7-22-2019 Intel/Newshound Guru sandyf ...no chatter on that imf consultation that happened the other day...The Art 4 consultation was held in May and the report has to be approved by the board before being published. It is due to be published in July but not as yet. Rest assured that when it is published there will be significant chatter.
7-22-2019 Newshound Guru Enorrste Question: ...do you think this float may cause a meteoric rise in the value...it's going to skyrocket in value quickly...? ...The CBI has very cautiously moved step-by-step to get every single thing they can think of in place. When they pull that trigger they are going to have controls just like they've put controls for the last three or four years. They are going to have controls that will allow them to control the rise of the float. What they don't want is meteoric. It will be too scary for them. They have to control it...I do think it's going to go quickly. I think within 3 years we'll see $3.00. That's my own personal opinion...but I do think they're not stupid and if it starts to be crazy they are to put a ratchet in there...
7-22-2019 Intel Guru Markz Little or no news today……people have gotten very quiet…scary quiet…Dead quiet……I think quiet could be good. The folks in Zurich are still being told that funding is tomorrow. One is a historic bond and the other was a currency exchange …so that still looks like it’s a “go”. No new rate in Iraq yet…We are still hearing exchanges start tomorrow so we should see something today. Question: Any news on whether Trump signed the RV paperwork yet? I heard Trump received the paperwork this weekend…..i do not know if it was signed or not…..wish I did …like I said everyone I talk to has gotten very quiet…but he supposedly has it in his possession as of this weekend...
7-22-2019 Newshound Guru Kaperoni Question: ...We would get people who would ask us about cashing out and what the next stage is and what should we do? We don't speculate on that...but what I can tell you is we are not going to abandon ship when and if the dinar starts to go up in value and a mechanism is in place for people to cash out or deposit their dinars into an account...it will occur and be news to all of us and we'll all learn together. You're not going to have to get up at 6am and go stand in line at a bank. It's not gonna happen like that. We'll all learn together. Just like in the past when we talked about this investment we'll present whatever information that comes forward...
7-21-2019 Newshound Guru Larrykn Lots of news out there lately and I'm not one to do any type of predicting and won't but I think the news coming out of the CBI is good for us, sooner or later Iraq will have to do something and when they do we will be real happy . Until then we wait and see. Some people say not this year and they might be right but then I feel Iraq is behind the steering wheel and will control when all this takes place, [Guru] Kap posted about Iraq GDP being over 8 % next year , wow that is impressive if they do it. But I wouldn't sell the house of that until we see what they really do. Time will tell.
7-21-2019 Newshound Guru Enorrste ...It's like what happened in China when we allowed them into the WTO. They went up to 12% growth. That's how China became a threat to us. We made that happen. Anyway, if they [Iraq] go to that point the pressure on the dinar's value which is currently fixed would be enormous and they would be foolish not to let it float to reduce the inflationary pressure...there is no direct connection between 8.1% and how much money we're going to make. But I can say this, if they go to a float and if they get to 8.1% you're going to make a lot of money. A lot of money. That's all I can say. [Post 2 of 2]
7-21-2019 Newshound Guru Enorrste Question: 8.1% - would that translate to very much inflationary pressure? There is no direct connection between the rate of growth of the GDP in Iraq and the value of the dinar. The dinar is currently fixed in value. If however the Gross Domestic Product of Iraq triples next year from the current 3% or whatever it is to 8.1% that is enormous economic growth. Take America, Under Obama we never got above 2%. Trump got us to 3.3% and we have the hugest economy in the world in two years...and it's only 3.3% so if Iraq goes from 3% to 8% in 7 to 10 months or all of next year which is 18 months that is truly phenomenal growth... [Post 1 of 2] {Reference Guru Kaperoni's "SAP - 8.1% GDP" post on 7-20-2019}
7-21-2019 Newshound Guru Kaperoni Generally speaking...they [The CBI/Iraq} want price discovery. They want the world to set the [dinar] rate. What they're saying is 'We are not going to change the value of our currency until investors come in and say they want to help us.' That's really what they're doing. Guru Enorrste - That's very well stated. Of course the investors are saying exactly the opposite. 'We are not going to invest until you show us you have an open currency.' So it's a catch 22. Eventually they'll do it. They're playing chicken...
7-21-2019 Newshound Guru Enorrste ...It's like what happened in China when we allowed them into the WTO. They went up to 12% growth. That's how China became a threat to us. We made that happen. Anyway, if they [Iraq] go to that point the pressure on the dinar's value which is currently fixed would be enormous and they would be foolish not to let it float to reduce the inflationary pressure...there is no direct connection between 8.1% and how much money we're going to make. But I can say this, if they go to a float and if they get to 8.1% you're going to make a lot of money. A lot of money. That's all I can say. [Post 2 of 2]
7-21-2019 Newshound Guru Enorrste Question: 8.1% - would that translate to very much inflationary pressure? There is no direct connection between the rate of growth of the GDP in Iraq and the value of the dinar. The dinar is currently fixed in value. If however the Gross Domestic Product of Iraq triples next year from the current 3% or whatever it is to 8.1% that is enormous economic growth. Take America, Under Obama we never got above 2%. Trump got us to 3.3% and we have the hugest economy in the world in two years...and it's only 3.3% so if Iraq goes from 3% to 8% in 7 to 10 months or all of next year which is 18 months that is truly phenomenal growth... [Post 1 of 2] {Reference Guru Kaperoni's "SAP - 8.1% GDP" post on 7-20-2019}
7-21-2019 Newshound Guru Kaperoni Generally speaking...they [The CBI/Iraq} want price discovery. They want the world to set the [dinar] rate. What they're saying is 'We are not going to change the value of our currency until investors come in and say they want to help us.' That's really what they're doing. Guru Enorrste - That's very well stated. Of course the investors are saying exactly the opposite. 'We are not going to invest until you show us you have an open currency.' So it's a catch 22. Eventually they'll do it. They're playing chicken...
7-20-2019 Newshound Guru Kaperoni A company called SAP announced a few weeks ago that they are...opening an office in Baghdad. One of the things they say in the article is "the real GDP growth in Iraq is expected to double by about 3 times to 8.1% in 2020."... right now I think it's at 2 point something. This company SAP who has come in with an investment strategy they believe the GDP in Iraq is going to 8.1%...If anyone thinks this is going to drag out another year, a year and a half, two years I think they're kidding themselves...we're talking in the next 7 to 12 months they expect the GDP to raise that high.
7-20-2019 Intel Guru Markz Do you have an idea of what the Dong will be at? Mostly what we have are rumors of what it will be revalued at. If we look at the value at when they first devalued it and adjust for basic inflation we'd be in the two dollar range. I've heard anything from $.47 to 2 something and there's one person out there claiming the contract rate is $6 which makes absolutely no sense to me just based on the economics of it. Me personally I think the low two's is realistic and where I personally think it will wind up. But that is my opinion and my thought.
7-20-2019 Newshound Guru Adam Montana Iraq needs HCL (oil law) to really kick things into high gear. The oil law is many things, but of extreme importance is it’s scope regarding Kurdish relations with Baghdad inside the country. Article quote: “This agenda has been developed in accordance with the political agreements between all parties which compose the new cabinet of the KRG…” That’s excellent stuff regarding the HCL…
7-20-2019 Newshound Guru Enorrste [Article: The Liberalization of prices is the most important implication in the market economy...]. I can't help but believe that means floating the currency. You can't liberalize the price without changing the value...I don't know why he didn't say float the currency but he called it liberalization of prices. Sounds like a float to me...wow.
7-20-2019 Newshound Guru Kaperoni Anyone who says nothing is happening in Iraq or there's no progress is really missing the boat because these types of things that may not be effecting us yet are major accomplishments. Remember post war Iraq was literally off the map. They had to rebuild everything from the ground up and to talk about a financial system now that's engaging and preparing the financial system, inter-banking, markets, the electronic banking, ATMs and all that...they're going from the Stone Age...
7-20-2019 Newshound Guru G-Lin [Does Iran have any or a negative impact on our investment?] ...yes it has an impact...The U.S./Iran situation is very serious and is escalating daily. Instability, instability, instability. I'm anxious to see the Art. IV statement from IMF. It is suppose to come out today...that review will be interesting. Iraq continues to look stronger and stronger economically, however, the M.E. tension is worrisome...
7-20-2019 Intel Guru Markz Do you have an idea of what the Dong will be at? Mostly what we have are rumors of what it will be revalued at. If we look at the value at when they first devalued it and adjust for basic inflation we'd be in the two dollar range. I've heard anything from $.47 to 2 something and there's one person out there claiming the contract rate is $6 which makes absolutely no sense to me just based on the economics of it. Me personally I think the low two's is realistic and where I personally think it will wind up. But that is my opinion and my thought.
7-20-2019 Newshound Guru Adam Montana Iraq needs HCL (oil law) to really kick things into high gear. The oil law is many things, but of extreme importance is it’s scope regarding Kurdish relations with Baghdad inside the country. Article quote: “This agenda has been developed in accordance with the political agreements between all parties which compose the new cabinet of the KRG…” That’s excellent stuff regarding the HCL…
7-20-2019 Newshound Guru Enorrste [Article: The Liberalization of prices is the most important implication in the market economy...]. I can't help but believe that means floating the currency. You can't liberalize the price without changing the value...I don't know why he didn't say float the currency but he called it liberalization of prices. Sounds like a float to me...wow.
7-20-2019 Newshound Guru Kaperoni Anyone who says nothing is happening in Iraq or there's no progress is really missing the boat because these types of things that may not be effecting us yet are major accomplishments. Remember post war Iraq was literally off the map. They had to rebuild everything from the ground up and to talk about a financial system now that's engaging and preparing the financial system, inter-banking, markets, the electronic banking, ATMs and all that...they're going from the Stone Age...
7-20-2019 Newshound Guru G-Lin [Does Iran have any or a negative impact on our investment?] ...yes it has an impact...The U.S./Iran situation is very serious and is escalating daily. Instability, instability, instability. I'm anxious to see the Art. IV statement from IMF. It is suppose to come out today...that review will be interesting. Iraq continues to look stronger and stronger economically, however, the M.E. tension is worrisome...
7-19-2019 Newshound Guru Kaperoni ...we're starting to see a lot of movement with the Iraqi government to encourage investment and to start bringing capital into the country and to start to move this wheel forward...And that's what's going to cause the CBI to get off the peg because they don't want to be last to the party. They want to be ready for when all that capital comes in because that is what's going to cause pressure on the financial system.
7-19-2019 Intel Guru Eagleone2025 I BEEN TOLD CODES ARE BEING ENTERED THIS WEEKEND... SEVERAL SOURCES IN DC. HAVE SAID WE WILL BE IN BANKS THIS WEEK STARTING AROUND MON.- TUES. MY THOUGHT IS LETS WAIT AND SEE...ONLY TRUMP KNOWS...I HAVE HEARD THEY WILL WRAP THIS UP BEFORE THE END OF JULY.
7-19-2019 Newshound Guru Enorrste ...they will change the exchange regime to a float and move to article VIII at the same time. I can't imagine why they wouldn't do it at the same time...they're banging their drums that they are ready. There's got to be some critical point, a certain amount of money they want to see come into the country. They are going to have to make that switch because otherwise they're going to create too much inflationary pressure.
7-19-2019 Intel Guru MarkZ There is no new rate in Iraq as of yet. ...My guys attended a meeting this morning and are not at work today at the RC’s [Redemption Centers]…and they have not been told to be at work this weekend... sorry, but that is why I don’t believe we will be exchanging this weekend. Could they pull the trigger and let us make our appointments this weekend? Absolutely they could to start exchanges next week...in my opinion we are at the very end of this…
7-19-2019 Newshound Guru Kaperoni There's been indications in the IMF's own reports, in what's called their article IV consultations...there's been comments from the IMF...where they've told them [Iraq] to liberalize their foreign exchange, to move to article VIII. There's been statements in those Article IV consultations that have been very encouraging regarding our investment leading us down the path of what we're looking for...freedom of movement of capital...'moving to article VIII will send a strong message to the global investment community that Iraq is open for business.' So there is no confusion there...they have to move to Article VIII...if they want to convince the world 'hey, we're ready. Come and invest.' So article VIII isn't a dream we're hoping for, it's a step in the process and we're just on the cusp I think of that occurring...
7-19-2019 Intel Guru Bruce I am hearing some very good things. First of all Iraq was supposed to put their new rate in Gazette. We heard that a million times. However, they have not released it. It is probably in there...and we are trying to verify the new rate for the Dinar is on the screens tonight [Thursday] because we know that brand new currency codes were entered late this afternoon, this evening so that all of the rates could be brought up as new and all locked in. ...when it comes to the release of the toll-free number my understanding is as of now is they are...in position to be released. ...I just think...obviously we are close. We are hearing great things of rates showing up, new rates codes being entered, and we should be getting started here very soon...
7-19-2019 Newshound/Intel Guru Mnt Goat The CBI has told us that when they are getting ready to move ahead again with the “project to delete the zeros” they will tell us. They have not yet done so. They are not hiding anything or trying to give us “smoke screens” to prevent us from knowing when.
7-19-2019 Newshound Guru MilitiaMan "Finance Committee in the House of Representatives: a surplus of funds due to high oil prices" ...That money is for the citizens imo per the constitution. It was reported that 2018 had one too. They would have told the IMF back on the 04/10/2019 by law...imo...So if they are going to distribute the fair share to the citizens that is to be in the coming days. As in a few...lol Looking good...
7-19-2019 Intel Guru Eagleone2025 I BEEN TOLD CODES ARE BEING ENTERED THIS WEEKEND... SEVERAL SOURCES IN DC. HAVE SAID WE WILL BE IN BANKS THIS WEEK STARTING AROUND MON.- TUES. MY THOUGHT IS LETS WAIT AND SEE...ONLY TRUMP KNOWS...I HAVE HEARD THEY WILL WRAP THIS UP BEFORE THE END OF JULY.
7-19-2019 Newshound Guru Enorrste ...they will change the exchange regime to a float and move to article VIII at the same time. I can't imagine why they wouldn't do it at the same time...they're banging their drums that they are ready. There's got to be some critical point, a certain amount of money they want to see come into the country. They are going to have to make that switch because otherwise they're going to create too much inflationary pressure.
7-19-2019 Intel Guru MarkZ There is no new rate in Iraq as of yet. ...My guys attended a meeting this morning and are not at work today at the RC’s [Redemption Centers]…and they have not been told to be at work this weekend... sorry, but that is why I don’t believe we will be exchanging this weekend. Could they pull the trigger and let us make our appointments this weekend? Absolutely they could to start exchanges next week...in my opinion we are at the very end of this…
7-19-2019 Newshound Guru Kaperoni There's been indications in the IMF's own reports, in what's called their article IV consultations...there's been comments from the IMF...where they've told them [Iraq] to liberalize their foreign exchange, to move to article VIII. There's been statements in those Article IV consultations that have been very encouraging regarding our investment leading us down the path of what we're looking for...freedom of movement of capital...'moving to article VIII will send a strong message to the global investment community that Iraq is open for business.' So there is no confusion there...they have to move to Article VIII...if they want to convince the world 'hey, we're ready. Come and invest.' So article VIII isn't a dream we're hoping for, it's a step in the process and we're just on the cusp I think of that occurring...
7-19-2019 Intel Guru Bruce I am hearing some very good things. First of all Iraq was supposed to put their new rate in Gazette. We heard that a million times. However, they have not released it. It is probably in there...and we are trying to verify the new rate for the Dinar is on the screens tonight [Thursday] because we know that brand new currency codes were entered late this afternoon, this evening so that all of the rates could be brought up as new and all locked in. ...when it comes to the release of the toll-free number my understanding is as of now is they are...in position to be released. ...I just think...obviously we are close. We are hearing great things of rates showing up, new rates codes being entered, and we should be getting started here very soon...
7-19-2019 Newshound/Intel Guru Mnt Goat The CBI has told us that when they are getting ready to move ahead again with the “project to delete the zeros” they will tell us. They have not yet done so. They are not hiding anything or trying to give us “smoke screens” to prevent us from knowing when.
7-19-2019 Newshound Guru MilitiaMan "Finance Committee in the House of Representatives: a surplus of funds due to high oil prices" ...That money is for the citizens imo per the constitution. It was reported that 2018 had one too. They would have told the IMF back on the 04/10/2019 by law...imo...So if they are going to distribute the fair share to the citizens that is to be in the coming days. As in a few...lol Looking good...
7-18-2019 Intel Guru RayRen98 [Are we getting closerrrrrr...?] CLOSER THAN CLOSE! A HEAD TELLER WAS SINGING THIS MORNING - "I GOTTA FEELING, THAT TONIGHT'S GONNA BE A GOOD NIGHT." A BANKER INVOLVED IN THE EXCHANGE PROCESS SENT THIS MESSAGE TO ME THIS MORNING - "GET READY
7-18-2019 Newshound/Intel Guru Mnt Goat The news is scarce coming from Iraq. We do know the CBI governor is being replaced as Alaq has resigned effective in September. He is transitioning now with the new governor. I am still in the notion that we will NOT see any RV until at least the time when the new governor is announced officially and we are out of all these proxy positions in the financial sector of the government including the CBI and the financial ministry. So we sit and wait. These lulls are usually followed by a breakout of some really good news and steps forward...Remember anything is possible in Iraq. But we are told they will not just trigger the reinstatement without some sort of notice to the people. It will not be in the Gazette as some...want you to believe.
7-18-2019 Newshound Guru MilitiaMan "Disclosure of the date of receipt of the 2020 budget and parliamentary finance confirms: There will be a boom in the Iraqi economy" The amendment in the amended 2019 budget will usher the 2020 in. Kurds are happy campers today...Alak told us that...Iraq Banks were to EMBARK on electronic banking...Well to do that and to open private satellite banks globally needs a rate change. The IMF meeting Friday may have the numbers they need to dot I s and cross T s. ...We even now here buzz around the world that China has something in store for the world...Our side of the pond wants a level playing field and I'll bet the apposing pitcher is about to throw the first pitch.. imo.
7-18-2019 Intel Guru Eagleone2025 [via PDK] ...WATCHING THE BANKS FILLING THERE POCKETS WHY WE ARE WAITING FOR THE RV. SOME TIME THIS EVENING I WAS TOLD THAT NUMBERS ARE GOING TO BE RELEASE...AS WE HAVE ALL HEARD MILLION TIMES OVER...SEVERAL SOURCES ARE SAYING THE SAME THING... WE ARE TOLD WE WILL BE IN THE BANKS FRI-TUES... BUT I WILL WAIT AND SEE?
7-18-2019 Intel Guru MarkZ [via PDK] Little to no news today…everything is very quiet. No new rate in Iraq yet...one contact from Zurich says noon tomorrow for exchange...the other is quiet... maybe they can’t talk and that would be good news. [Is this quiet the precursor to “go”?] I think it is. Seems we are sitting in the starting gate waiting for someone to fire the pistol.
7-18-2019 Newshound/Intel Guru RVAlready The problem with anyone who says this will float up from program rate is that it is in direct opposition to what Dr Shabibi said, which was NO FLOAT... Shabibi planned the entire RV. ...Shabibi clearly stated initial rate would be 3.22 plus up to 20% and close to Kuwait.
7-18-2019 Newshound Guru Kaperoni It has been 16 months that the CBI has stabilized the currency in the country to within 2% as identified by the IMF requirement...that's been a problem over the years where the currency went out of compliance and the dinar devalued to the dollar...what they've done is a really good job with the help of the U.S. Treasury to get this under control...yes they've brought the reserves to 72 Billion now and I think one of the 5 largest reserves in the Middle East but there are some other things kinda under the table here which are all relative. When Iraq accepts Article VIII they have held stability for 17 months when the requirement was only 90 days. They have done a really wonderful job creating a situation where they are creating a lot of confidence in their banking system for financial experts around the world as they look at should they bring money into Iraq and trust the banking system...
7-18-2019 Newshound/Intel Guru Mnt Goat The news is scarce coming from Iraq. We do know the CBI governor is being replaced as Alaq has resigned effective in September. He is transitioning now with the new governor. I am still in the notion that we will NOT see any RV until at least the time when the new governor is announced officially and we are out of all these proxy positions in the financial sector of the government including the CBI and the financial ministry. So we sit and wait. These lulls are usually followed by a breakout of some really good news and steps forward...Remember anything is possible in Iraq. But we are told they will not just trigger the reinstatement without some sort of notice to the people. It will not be in the Gazette as some...want you to believe.
7-18-2019 Newshound Guru MilitiaMan "Disclosure of the date of receipt of the 2020 budget and parliamentary finance confirms: There will be a boom in the Iraqi economy" The amendment in the amended 2019 budget will usher the 2020 in. Kurds are happy campers today...Alak told us that...Iraq Banks were to EMBARK on electronic banking...Well to do that and to open private satellite banks globally needs a rate change. The IMF meeting Friday may have the numbers they need to dot I s and cross T s. ...We even now here buzz around the world that China has something in store for the world...Our side of the pond wants a level playing field and I'll bet the apposing pitcher is about to throw the first pitch.. imo.
7-18-2019 Intel Guru Eagleone2025 [via PDK] ...WATCHING THE BANKS FILLING THERE POCKETS WHY WE ARE WAITING FOR THE RV. SOME TIME THIS EVENING I WAS TOLD THAT NUMBERS ARE GOING TO BE RELEASE...AS WE HAVE ALL HEARD MILLION TIMES OVER...SEVERAL SOURCES ARE SAYING THE SAME THING... WE ARE TOLD WE WILL BE IN THE BANKS FRI-TUES... BUT I WILL WAIT AND SEE?
7-18-2019 Intel Guru MarkZ [via PDK] Little to no news today…everything is very quiet. No new rate in Iraq yet...one contact from Zurich says noon tomorrow for exchange...the other is quiet... maybe they can’t talk and that would be good news. [Is this quiet the precursor to “go”?] I think it is. Seems we are sitting in the starting gate waiting for someone to fire the pistol.
7-18-2019 Newshound/Intel Guru RVAlready The problem with anyone who says this will float up from program rate is that it is in direct opposition to what Dr Shabibi said, which was NO FLOAT... Shabibi planned the entire RV. ...Shabibi clearly stated initial rate would be 3.22 plus up to 20% and close to Kuwait.
7-18-2019 Newshound Guru Kaperoni It has been 16 months that the CBI has stabilized the currency in the country to within 2% as identified by the IMF requirement...that's been a problem over the years where the currency went out of compliance and the dinar devalued to the dollar...what they've done is a really good job with the help of the U.S. Treasury to get this under control...yes they've brought the reserves to 72 Billion now and I think one of the 5 largest reserves in the Middle East but there are some other things kinda under the table here which are all relative. When Iraq accepts Article VIII they have held stability for 17 months when the requirement was only 90 days. They have done a really wonderful job creating a situation where they are creating a lot of confidence in their banking system for financial experts around the world as they look at should they bring money into Iraq and trust the banking system...
7-17-2019 Newshound/Intel Guru Randy Koonce THE RATE IS THE ONLY THING THAT YOU ARE WAITING FOR. Remember: This is a POLITICAL football, so it is possible there could always be another unforeseen ‘time out’. It is not that our information was bad; but it might change. Again. DO NOT give your dinar to anyone else to exchange for you. We are really, seriously, truly, honestly, absolutely, positively, probably VERY CLOSE. RELAX the RV really is coming . ...Keep Breathing...check the [CBI] every day to see if it has changed... [post 3 of 3] [note: you can always see the latest official and market rates for the dinar on the left side of this page...]
7-17-2019 Newshound/Intel Guru Randy Koonce I want you to know there is nothing left for Iraq to do to prepare for a rate change. They have been ready since December of Last Year. As in 2018. January started the political football game. There were many political players, from our own Government to several others as well...And ALL of them have affected the political environment. Look for the Dinar to come out between $1 -$2. It should go up a little more later on. Please do not get suckered into waiting or watching for any 800 numbers. You will be able to exchange at any big bank or financial exchange center that normally deals in foreign currency exchanges. [post 2 of 3....stay tuned]
7-17-2019 Newshound/Intel Guru Randy Koonce ...there is a very good window that has opened up once again, and will last through the end of the month. As I have mentioned before, many of the things that have happened on our way to the revaluation of the Iraqi Dinar has turned this anticipated event into a very big Political Game. I call it “Global Political Football”. And there have been no rules to this long and unending game! That being said, there is reason to believe that we are very - VERY - close to the final buzzer now. And, it is a very BIG WINDOW between now (as in ‘right now’;) through the end of month. But...because it is a political football game, that does not mean that if this window closes at the end of the month without a rate change, we will never see it. It just means that another political fight got in the way. Again. [post 1 of 3....stay tuned]
7-17-2019 Intel Guru MarkZ [via PDK] I feel very good and very confident this morning. The facts are no new rate in Iraq yet this morning… My contacts at redemption centers are sitting there waiting...twiddling their thumbs. I am still being told that there will be redemption centers all over ...should be one within 50 miles of almost everyone. ...I believe Mr. Trump will be very motivated now to release this reset...
7-17-2019 Intel Guru Bruce ...we believe things are to the point where we should be getting some good news tomorrow [Wednesday]. Now, it maybe we get toll-free numbers and all we do tomorrow is set appointments. It maybe if we get the numbers soon enough, we set appointments and start tomorrow [Wednesday]. It maybe we get the numbers and set appointments for Thursday. I am trying my best I am not calling it. This is based on the compendious of confirmation and evidence that I have so far today...We know things change. We know we are facing a moving target... I do believe they have this ready for us finally to go. [post 2 of 2]
7-17-2019 Intel Guru Bruce [via PinkRoses] ...I usually start where are we...I can tell you where were we supposed to be. We were supposed to be in the Bank and the Redemption Centers...today [Tuesday]....We were faked out by the fact we were looking for 800 numbers on Monday or Today with exchanges, but...There were a number...of disgruntled former bank employees...with at least 4 or 5 main banks...that had the wise idea to try to put out bogus toll-free numbers to our community...and they nixed that right away...but it did slow us down for a couple of days. So, we are ready. We are willing and able to move forward to get this party started. [post 1 of 2....stay tuned]
7-17-2019 Newshound Guru Enorrste ...I think the answer is clear. They want to make Iraq one of the most powerful currencies in the world. They want to make it a world reserve currency. They announced that some time ago. 8 years ago. IMF has agreed it's a good idea because of their location. 1. They are in the Middle East 2. The world needs another world reserve currency with the dollar being so over extended...they need this and we can't overestimate the power and importance of the IMF becoming this trustee...they want this thing to happen. They are proving it by making this currency flat to close to its own market rate for 16 months now and announcing they're ready for international trade. It's really really tightened up. [Post 2 of 2]
7-17-2019 Newshound Guru Enorrste I don't think we can underestimate the role of the IMF in all of this. They stated two years ago they were going to become the trustee of the Central Bank of Iraq. When you're the trustee this means you have the purse strings in your pocket and you can pull any sting you want at any time you want and it's not by any coincidence whatsoever this currency shortly thereafter came into stabilization and they got within 2% between the fixed rate and the market rate...Allaq couldn't do it so the IMF finally took over as the trustee of the CBI...They have it under control for 16 months...Why in the world would an International organization like the IMF want to stick their nose in Iraq's business so deeply? [Post 1 of 2....stay tuned]
7-17-2019 Newshound/Intel Guru Mnt Goat Article: "DEPUTIES IN PARLIAMENT DEMAND ACTION TO PUT AN END TO THE THE MASSIVE CORRUPTION CARRIED OUT THROUGH THE AUCTION OF HARD CURRENCY ORGANIZED BY THE CENTRAL BANK" Quote: “THE OFFICIAL STRESSED THAT THE GOVERNMENT IS CONSIDERING SEVERAL OPTIONS TO STRENGTHEN THE DINAR, such as the deletion of zeros or determine the price globally, as do many countries in the Arabian Gulf.” To determine the price globally means to reinstate the dinar BACK on the global exchanges... ...This is the holdup right now in getting the reinstatement ...THE CORRUPTION IN THE CBI! ...So we know they that they know and the pressure is on to do something about losing all this money on these auctions. They have out-lived their usefulness which was to control inflation...
7-17-2019 Newshound/Intel Guru Randy Koonce I want you to know there is nothing left for Iraq to do to prepare for a rate change. They have been ready since December of Last Year. As in 2018. January started the political football game. There were many political players, from our own Government to several others as well...And ALL of them have affected the political environment. Look for the Dinar to come out between $1 -$2. It should go up a little more later on. Please do not get suckered into waiting or watching for any 800 numbers. You will be able to exchange at any big bank or financial exchange center that normally deals in foreign currency exchanges. [post 2 of 3....stay tuned]
7-17-2019 Newshound/Intel Guru Randy Koonce ...there is a very good window that has opened up once again, and will last through the end of the month. As I have mentioned before, many of the things that have happened on our way to the revaluation of the Iraqi Dinar has turned this anticipated event into a very big Political Game. I call it “Global Political Football”. And there have been no rules to this long and unending game! That being said, there is reason to believe that we are very - VERY - close to the final buzzer now. And, it is a very BIG WINDOW between now (as in ‘right now’;) through the end of month. But...because it is a political football game, that does not mean that if this window closes at the end of the month without a rate change, we will never see it. It just means that another political fight got in the way. Again. [post 1 of 3....stay tuned]
7-17-2019 Intel Guru MarkZ [via PDK] I feel very good and very confident this morning. The facts are no new rate in Iraq yet this morning… My contacts at redemption centers are sitting there waiting...twiddling their thumbs. I am still being told that there will be redemption centers all over ...should be one within 50 miles of almost everyone. ...I believe Mr. Trump will be very motivated now to release this reset...
7-17-2019 Intel Guru Bruce ...we believe things are to the point where we should be getting some good news tomorrow [Wednesday]. Now, it maybe we get toll-free numbers and all we do tomorrow is set appointments. It maybe if we get the numbers soon enough, we set appointments and start tomorrow [Wednesday]. It maybe we get the numbers and set appointments for Thursday. I am trying my best I am not calling it. This is based on the compendious of confirmation and evidence that I have so far today...We know things change. We know we are facing a moving target... I do believe they have this ready for us finally to go. [post 2 of 2]
7-17-2019 Intel Guru Bruce [via PinkRoses] ...I usually start where are we...I can tell you where were we supposed to be. We were supposed to be in the Bank and the Redemption Centers...today [Tuesday]....We were faked out by the fact we were looking for 800 numbers on Monday or Today with exchanges, but...There were a number...of disgruntled former bank employees...with at least 4 or 5 main banks...that had the wise idea to try to put out bogus toll-free numbers to our community...and they nixed that right away...but it did slow us down for a couple of days. So, we are ready. We are willing and able to move forward to get this party started. [post 1 of 2....stay tuned]
7-17-2019 Newshound Guru Enorrste ...I think the answer is clear. They want to make Iraq one of the most powerful currencies in the world. They want to make it a world reserve currency. They announced that some time ago. 8 years ago. IMF has agreed it's a good idea because of their location. 1. They are in the Middle East 2. The world needs another world reserve currency with the dollar being so over extended...they need this and we can't overestimate the power and importance of the IMF becoming this trustee...they want this thing to happen. They are proving it by making this currency flat to close to its own market rate for 16 months now and announcing they're ready for international trade. It's really really tightened up. [Post 2 of 2]
7-17-2019 Newshound Guru Enorrste I don't think we can underestimate the role of the IMF in all of this. They stated two years ago they were going to become the trustee of the Central Bank of Iraq. When you're the trustee this means you have the purse strings in your pocket and you can pull any sting you want at any time you want and it's not by any coincidence whatsoever this currency shortly thereafter came into stabilization and they got within 2% between the fixed rate and the market rate...Allaq couldn't do it so the IMF finally took over as the trustee of the CBI...They have it under control for 16 months...Why in the world would an International organization like the IMF want to stick their nose in Iraq's business so deeply? [Post 1 of 2....stay tuned]
7-17-2019 Newshound/Intel Guru Mnt Goat Article: "DEPUTIES IN PARLIAMENT DEMAND ACTION TO PUT AN END TO THE THE MASSIVE CORRUPTION CARRIED OUT THROUGH THE AUCTION OF HARD CURRENCY ORGANIZED BY THE CENTRAL BANK" Quote: “THE OFFICIAL STRESSED THAT THE GOVERNMENT IS CONSIDERING SEVERAL OPTIONS TO STRENGTHEN THE DINAR, such as the deletion of zeros or determine the price globally, as do many countries in the Arabian Gulf.” To determine the price globally means to reinstate the dinar BACK on the global exchanges... ...This is the holdup right now in getting the reinstatement ...THE CORRUPTION IN THE CBI! ...So we know they that they know and the pressure is on to do something about losing all this money on these auctions. They have out-lived their usefulness which was to control inflation...
7-16-2019 Intel Guru MarkZ I am tired and weary but cautiously excited tonight. 2 excellent sources in Iraq think they will have their rate in the Gazette on Wednesday... On the treasury side they are saying it could happen tonight [Tuesday] ...another government source said anytime in the next 72 hours.
7-16-2019 Newshound Guru Kaperoni The guru's like to constantly state an increase in the value of the dinar will be some random overnight act. That will never happen. If the Iraqi dinar increases in value it will be based on sound monetary policy and the world's participation in rebuilding the country. SAP, very significant IT company is now in Iraq and expects Iraq's GDP to grow to 8.1% in 2020. That is huge and three times the current GDP. We can only hope they are correct.
7-16-2019 Newshound Guru Whitelions Did you see the cbi gave orders on what to do with the dollar when they come into the banks? They want dinar given in change...they are fighting...to get the dollar off the Street's.
7-16-2019 Intel Guru MarkZ [will value day and 800 numbers happen at the same time?] Yes I believe value day and 800 numbers will happen at the same time...A number of intel providers are looking at Wednedsay as the big day…Not sure where there info comes from...we shall see. [what happens if this doesn't go this month...] If it doesn’t go this month...I personally believe we will see it this month but if it doesn’t...I think anytime before Oct. is fair game... [post 2 of 2]
7-16-2019 Intel Guru MarkZ According to the one treasury contact I still have faith in (I went to college with him and trust him completely) Gold Certificates are on the way to the US as of now...Gold Certificates are how we fund the new US dollar...they are important to this revaluation as we go from fiat based to asset backed currency. He is looking for tonight or tomorrow morning for everything to happen. No new rate in Iraq...yet. [post 1 of 2....stay tuned]
7-16-2019 Newshound Guru Enorrste ...They are not just hoping for a floating dinar, they are counting on it. The fact that the CBI has managed to raise its reserves is a clear indication that the float is imminent. Only with a strong currency can they take the risk of moving to a float. With 71 Billion in reserves they have about 175% coverage of their entire money supply in hard currency...Thus the dinar is one of the strongest currencies in the world despite its current low value. As the float begins the they will see the value of the dinar begin to rise. As it rises they will reduce the money supply with the goal of getting it down to 40 Billion dinar rather than 40 trillion dinar. Thus at one dollar per dinar (this is after the float has occurred) the CBI will still have 175% coverage of their money, meaning the dinar could easily get back to the $3.50 per dinar range which is their ultimate goal. [Post 2 of 2]
7-16-2019 Newshound Guru Enorrste Haven't had anything to say for a while but now we're getting close so let's get into it....[Article the Central Bank of Iraq on Thursday announced the foreign reserves rose to a total of 72 Billion dollars in the first half of 2019]...how did they raise their reserves when the government was in a deficit situation? ...they managed to expand investment throughout the country. Thus reducing somewhat their dependence on oil. This means dollar investment has in fact been coming in the country despite the fact that the dinar is not yet convertible on the international market...this is extremely good. Why? ...once the investors get a foothold in Iraq they will come in droves to make money...with the hopes...that they will be able to get their profits out the country in short order. This means there are now people willing to put their money where their mouth is... [Post 1 of 2.....stay tuned]
7-16-2019 Newshound Guru Kaperoni ...We're all about the facts, truth and learning the process and fundamentals of how monetary policy works and how it interacts with transitional economies. There is no arbitrary revaluation or reinstatement. The terms the gurus like to use RV or RI is all nonsense. That is not how monetary policy works...The CBI will follow strict rules. They will follow processes as well as rules and processes from the International Monetary Fund (IMF). They use this information to design monetary policies to combat the effects of a growing economy. These are proven policies and techniques used by other central banks all around the world...there have been a lot of things that are eye popping. There has been a lot of progress over the last few months...
7-16-2019 Newshound Guru Whitelions I think we are finely close enough to smell the roses for the first time in years they have gotten their poo together...
7-16-2019 Newshound Guru Kaperoni The guru's like to constantly state an increase in the value of the dinar will be some random overnight act. That will never happen. If the Iraqi dinar increases in value it will be based on sound monetary policy and the world's participation in rebuilding the country. SAP, very significant IT company is now in Iraq and expects Iraq's GDP to grow to 8.1% in 2020. That is huge and three times the current GDP. We can only hope they are correct.
7-16-2019 Newshound Guru Whitelions Did you see the cbi gave orders on what to do with the dollar when they come into the banks? They want dinar given in change...they are fighting...to get the dollar off the Street's.
7-16-2019 Intel Guru MarkZ [will value day and 800 numbers happen at the same time?] Yes I believe value day and 800 numbers will happen at the same time...A number of intel providers are looking at Wednedsay as the big day…Not sure where there info comes from...we shall see. [what happens if this doesn't go this month...] If it doesn’t go this month...I personally believe we will see it this month but if it doesn’t...I think anytime before Oct. is fair game... [post 2 of 2]
7-16-2019 Intel Guru MarkZ According to the one treasury contact I still have faith in (I went to college with him and trust him completely) Gold Certificates are on the way to the US as of now...Gold Certificates are how we fund the new US dollar...they are important to this revaluation as we go from fiat based to asset backed currency. He is looking for tonight or tomorrow morning for everything to happen. No new rate in Iraq...yet. [post 1 of 2....stay tuned]
7-16-2019 Newshound Guru Enorrste ...They are not just hoping for a floating dinar, they are counting on it. The fact that the CBI has managed to raise its reserves is a clear indication that the float is imminent. Only with a strong currency can they take the risk of moving to a float. With 71 Billion in reserves they have about 175% coverage of their entire money supply in hard currency...Thus the dinar is one of the strongest currencies in the world despite its current low value. As the float begins the they will see the value of the dinar begin to rise. As it rises they will reduce the money supply with the goal of getting it down to 40 Billion dinar rather than 40 trillion dinar. Thus at one dollar per dinar (this is after the float has occurred) the CBI will still have 175% coverage of their money, meaning the dinar could easily get back to the $3.50 per dinar range which is their ultimate goal. [Post 2 of 2]
7-16-2019 Newshound Guru Enorrste Haven't had anything to say for a while but now we're getting close so let's get into it....[Article the Central Bank of Iraq on Thursday announced the foreign reserves rose to a total of 72 Billion dollars in the first half of 2019]...how did they raise their reserves when the government was in a deficit situation? ...they managed to expand investment throughout the country. Thus reducing somewhat their dependence on oil. This means dollar investment has in fact been coming in the country despite the fact that the dinar is not yet convertible on the international market...this is extremely good. Why? ...once the investors get a foothold in Iraq they will come in droves to make money...with the hopes...that they will be able to get their profits out the country in short order. This means there are now people willing to put their money where their mouth is... [Post 1 of 2.....stay tuned]
7-16-2019 Newshound Guru Kaperoni ...We're all about the facts, truth and learning the process and fundamentals of how monetary policy works and how it interacts with transitional economies. There is no arbitrary revaluation or reinstatement. The terms the gurus like to use RV or RI is all nonsense. That is not how monetary policy works...The CBI will follow strict rules. They will follow processes as well as rules and processes from the International Monetary Fund (IMF). They use this information to design monetary policies to combat the effects of a growing economy. These are proven policies and techniques used by other central banks all around the world...there have been a lot of things that are eye popping. There has been a lot of progress over the last few months...
7-16-2019 Newshound Guru Whitelions I think we are finely close enough to smell the roses for the first time in years they have gotten their poo together...
7-15-2019 Intel Guru RayRen98 All "authoritative" financial sources are of high expectancy waiting for confirmation reports of rumours of a live rate. Tellers are on "standby" mode. The new Contract Rate cap limit on the Dinar is "SUPPOSED" to be 10 million now, instead of 20 million from a few years ago. We Shall C! Time Will Tell it ALL!
7-15-2019 Intel Guru Eagleone2025 [via PDK] THERE WILL BE FOUR PEOPLE IN THE ROOM WITH YOU WHEN YOU GO TO YOUR BANK EXCHANGE. YOUR NON CONTRACT RATES WILL BE VERY GOOD.
7-15-2019 Intel Guru MarkZ [Could your contacts be giving you fake info] We know there are people paid to give us all fake info...i try my best to use only trustworthy people I have known a long time...I am not worried about false 800 numbers… [is it looking like August now?] I do not think we will go into August without the RV. We must be very close…Trolls are shooting with both barrels today...I hear the banking rates will be good for 30 days once they start. [post 2 of 2]
7-15-2019 Intel Guru MarkZ [via PDK] This was a fairly noisy weekend for a change...Hearing rumors in Asia of exchanges today that I cannot prove. People in Zurich are waiting to do there exchanges... big expectations for this week. Call centers in US went to work bright and early today expecting us to exchange this week. No rate change in Iraq as of yet. [Who tells the banks and redemption centers to be on high alert?] So banks hear the information from the upper ecelons of their bank...who have gotten the info from the US treasury...I am salty with the rumors from the treasury right now. [post 1 of 2....stay tuned]
7-15-2019 Newshound Guru Kaperoni [via Baxter] ...the Article 4 consultation report... is to be released yet this Month...and that should tell us more about where Iraq is at this point.
7-15-2019 Intel/Newshound Guru sandyf ...If we are to gain from this venture then it is not going to come from anything Iraq does. How can people talk about Dinar and Dong in the same breath and then think the answer lies with 3 zeros. Hopefully by the time Iraq ever gets around to deleting the zeros, all thoughts of Iraq will be well and truly in the rear view mirror.
7-15-2019 Intel Guru Eagleone2025 [via PDK] THERE WILL BE FOUR PEOPLE IN THE ROOM WITH YOU WHEN YOU GO TO YOUR BANK EXCHANGE. YOUR NON CONTRACT RATES WILL BE VERY GOOD.
7-15-2019 Intel Guru MarkZ [Could your contacts be giving you fake info] We know there are people paid to give us all fake info...i try my best to use only trustworthy people I have known a long time...I am not worried about false 800 numbers… [is it looking like August now?] I do not think we will go into August without the RV. We must be very close…Trolls are shooting with both barrels today...I hear the banking rates will be good for 30 days once they start. [post 2 of 2]
7-15-2019 Intel Guru MarkZ [via PDK] This was a fairly noisy weekend for a change...Hearing rumors in Asia of exchanges today that I cannot prove. People in Zurich are waiting to do there exchanges... big expectations for this week. Call centers in US went to work bright and early today expecting us to exchange this week. No rate change in Iraq as of yet. [Who tells the banks and redemption centers to be on high alert?] So banks hear the information from the upper ecelons of their bank...who have gotten the info from the US treasury...I am salty with the rumors from the treasury right now. [post 1 of 2....stay tuned]
7-15-2019 Newshound Guru Kaperoni [via Baxter] ...the Article 4 consultation report... is to be released yet this Month...and that should tell us more about where Iraq is at this point.
7-15-2019 Intel/Newshound Guru sandyf ...If we are to gain from this venture then it is not going to come from anything Iraq does. How can people talk about Dinar and Dong in the same breath and then think the answer lies with 3 zeros. Hopefully by the time Iraq ever gets around to deleting the zeros, all thoughts of Iraq will be well and truly in the rear view mirror.
7-14-2019 Intel Guru RayRen98 Iraq - Iraqi TV is broadcasting that PM Mahdi's resignation letter is expected in the coming days. Skuttle-butt is abound of Abadi planning on returning to Prime Minister position. [Does any of this overseas "news" really matter to us?] LOL. US - Some bank employees are mandated to come in on Sunday afternoon...say what???
7-14-2019 Newshound Guru Don961 Article: "Paying with plastic? Iraqis weigh pros and cons" Quote: "In Iraq's cash-driven economy, the Communications Ministry and head of the Central of Bank are getting input on a mechanism that would allow banks and shops to further facilitate the use of debit and credit cards." ...this is where the rubber (er...currency) hits the road...in the marketplace... cool article...dump the rippy old notes with all those zeroes... replace them with new polymer ones that don't deteriorate as quickly...and give them a value so small change can be made without an issue... give 'em sum coins for the Fil jar to save for a rainy day ...
7-14-2019 Intel/Newshound Guru sandyf ...Govt does not Drop the zeros...CBI does...Central banks have a limited role in the management of a currency. Changes to the monetary unit or major changes to the currency require government approval. Deletion of the 3 zeros in Iraq will affect the monetary unit and as such will require a Bill to pass through parliament, not going to happen any time soon.
7-14-2019 Newshound Guru Don961 Article: "Paying with plastic? Iraqis weigh pros and cons" Quote: "In Iraq's cash-driven economy, the Communications Ministry and head of the Central of Bank are getting input on a mechanism that would allow banks and shops to further facilitate the use of debit and credit cards." ...this is where the rubber (er...currency) hits the road...in the marketplace... cool article...dump the rippy old notes with all those zeroes... replace them with new polymer ones that don't deteriorate as quickly...and give them a value so small change can be made without an issue... give 'em sum coins for the Fil jar to save for a rainy day ...
7-14-2019 Intel/Newshound Guru sandyf ...Govt does not Drop the zeros...CBI does...Central banks have a limited role in the management of a currency. Changes to the monetary unit or major changes to the currency require government approval. Deletion of the 3 zeros in Iraq will affect the monetary unit and as such will require a Bill to pass through parliament, not going to happen any time soon.
7-13-2019 Intel Guru RayRen98 Some exchange activity "REPORTEDLY" has begun in limited areas...we are awaiting solid confirmations of such. Some bank sources are now reporting two separate contract rates for Dinar and Dong (no specifics given...). Time Will Tell! We're still WAITING to receive 800 numbers that were supposed to be out by now. Patience is a virtue. ...Monday appears to be a Tell All, Reveal All type of day. ...the "Window" remains open.
7-13-2019 Intel Guru Delta [I believe you have recently stated that they have ALREADY lifted the 3 zeros in country...Can you please clarify this for me?] IT'S ALL DONE... MAYBE IT'S SOMETHING OR NOTHING BUT...NO RATE UPDATE SINCE WED ON CBI...
7-13-2019 Newshound Guru Kaperoni [77% of the world's transaction revenue touches an SAP system! They are HUGE! They...wouldn't set up shop in Iraq for fun! ...They have seen the potential & want to get in on the ground floor!] Yes! It's a big deal they are now in Iraq.
7-13-2019 Intel Guru RVAlready We might get exchanges on Monday. Weekends are usually quiet, with government offices closed, and Saturday not really part of the banking week.
7-13-2019 Intel Guru Delta [What if the central bank stopped selling the dollar?] Article quote: "It may be necessary to resort to other mechanisms that are quite different from what is currently being used." WHAT'S NEXT? ...DETERMINE THE PRICE GLOBALLY...
7-13-2019 Intel Guru Delta [I believe you have recently stated that they have ALREADY lifted the 3 zeros in country...Can you please clarify this for me?] IT'S ALL DONE... MAYBE IT'S SOMETHING OR NOTHING BUT...NO RATE UPDATE SINCE WED ON CBI...
7-13-2019 Newshound Guru Kaperoni [77% of the world's transaction revenue touches an SAP system! They are HUGE! They...wouldn't set up shop in Iraq for fun! ...They have seen the potential & want to get in on the ground floor!] Yes! It's a big deal they are now in Iraq.
7-13-2019 Intel Guru RVAlready We might get exchanges on Monday. Weekends are usually quiet, with government offices closed, and Saturday not really part of the banking week.
7-13-2019 Intel Guru Delta [What if the central bank stopped selling the dollar?] Article quote: "It may be necessary to resort to other mechanisms that are quite different from what is currently being used." WHAT'S NEXT? ...DETERMINE THE PRICE GLOBALLY...
7-12-2019 Intel Guru DELTA Article quote: "The file of the "auction of hard currency" in Iraq to the forefront after the comments of deputies in parliament, demanding the Prime Minister and the Supreme Judicial Council and the public prosecution in the country, put an end to the massive corruption carried out through the auction of hard currency organized by the Central Bank of Iraq every day." MASSACRE OF THE DOLLAR IN IRAQ...OFFICIAL MOVEMENT AGAINST FRAUD AT THE CBI AUCTION.
7-12-2019 Intel Guru MarkZ [via PDK] No news…no update as to why we have not gone…We were told the US military sent a rep with the Chinese to the Pentagon to arrange the rest and here we are sitting here wondering where we are at...Iraq is still waiting on a new rate. Europe is still waiting on the US. I did hear that there were a number of test exchanges done yesterday that went well. They are still waiting to exchange but we haven’t seen anything yet. Redemption centers: The people I know are at work today and on high alert. They are not scheduled to work this weekend but have to be “on call” all weekend.
7-12-2019 Newshound/Intel Guru Mnt Goat "MONETARY RESERVES WITH THE CENTRAL BANK OF IRAQ: CRISIS AFTER CRISIS" This article is nothing more than the CBI tooting its own whistle again. al-Allaq knows his days are over in the CBI and he is going to be replaced. He is the third generation proxy governor appointed by the Nori al-Maliki days of takeover in 2012. He does not have the expertise to handle the complexities and corruption of the CBI. He is going to be replace shortly. A new candidate has been already chosen.
7-12-2019 Intel Guru Bruce [via PinkRoses] ...What we are finding out is at the Redemption Centers they are having to reenter activation codes...they are doing that to get ready for everything to come down the pipe here. We got the Forex with established rates ready to drop in...The rates seem on the bank screens are updating. I do not know if they have changed over, but they were supposed to populate this morning and be on the screens this morning [Thursday]. Now, obviously they need to come in as new rates before we go in for exchanges. So, this is one of the things that has to happen. ...we do have some security issues...We know that security concerns today that were supposed to be pretty much handled...That is good news...we are set to go at any time. Now, with the security concerns basically taken care of, I think we can move forward. ...I think we are so close we are right on it. Some of the sources have been told to clam up...That is a good sign when that happens. ...I am excited we are getting closer and closer everyday with the hope that this doesn’t carry into the weekend...
7-12-2019 Intel Guru Delta MONDAY IS A HOLIDAY IN IRAQ SO CBI HAD 2 AUCTIONS BUT IT WAS STRANGE THAT FOR SUNDAY THE VOLUME WAS 0 AND THIS WAS THE FIRST TIME I SEE THIS PATTERN...BUT FOR MONDAY THE VOLUME IS REGULAR NUMBERS...BANKS SUBMIT THEIR REQUEST FOR AUCTIONS IN ADVANCED SO WHAT DID THEY KNOW...CBI WILL SEND MEMO 24 HURS IN ADVANCED TO BANKS BEFORE RATE CHANGE...
7-12-2019 Intel Guru MarkZ [via PDK] No news…no update as to why we have not gone…We were told the US military sent a rep with the Chinese to the Pentagon to arrange the rest and here we are sitting here wondering where we are at...Iraq is still waiting on a new rate. Europe is still waiting on the US. I did hear that there were a number of test exchanges done yesterday that went well. They are still waiting to exchange but we haven’t seen anything yet. Redemption centers: The people I know are at work today and on high alert. They are not scheduled to work this weekend but have to be “on call” all weekend.
7-12-2019 Newshound/Intel Guru Mnt Goat "MONETARY RESERVES WITH THE CENTRAL BANK OF IRAQ: CRISIS AFTER CRISIS" This article is nothing more than the CBI tooting its own whistle again. al-Allaq knows his days are over in the CBI and he is going to be replaced. He is the third generation proxy governor appointed by the Nori al-Maliki days of takeover in 2012. He does not have the expertise to handle the complexities and corruption of the CBI. He is going to be replace shortly. A new candidate has been already chosen.
7-12-2019 Intel Guru Bruce [via PinkRoses] ...What we are finding out is at the Redemption Centers they are having to reenter activation codes...they are doing that to get ready for everything to come down the pipe here. We got the Forex with established rates ready to drop in...The rates seem on the bank screens are updating. I do not know if they have changed over, but they were supposed to populate this morning and be on the screens this morning [Thursday]. Now, obviously they need to come in as new rates before we go in for exchanges. So, this is one of the things that has to happen. ...we do have some security issues...We know that security concerns today that were supposed to be pretty much handled...That is good news...we are set to go at any time. Now, with the security concerns basically taken care of, I think we can move forward. ...I think we are so close we are right on it. Some of the sources have been told to clam up...That is a good sign when that happens. ...I am excited we are getting closer and closer everyday with the hope that this doesn’t carry into the weekend...
7-12-2019 Intel Guru Delta MONDAY IS A HOLIDAY IN IRAQ SO CBI HAD 2 AUCTIONS BUT IT WAS STRANGE THAT FOR SUNDAY THE VOLUME WAS 0 AND THIS WAS THE FIRST TIME I SEE THIS PATTERN...BUT FOR MONDAY THE VOLUME IS REGULAR NUMBERS...BANKS SUBMIT THEIR REQUEST FOR AUCTIONS IN ADVANCED SO WHAT DID THEY KNOW...CBI WILL SEND MEMO 24 HURS IN ADVANCED TO BANKS BEFORE RATE CHANGE...
7-11-2019 Newshound Guru MilitiaMan Article: "The central bank goes beyond the technical gap and the challenges of digital transformation" ...this one has my eye and big time. They are literally telling you they are ready to hit the pavement running. What timing. They are talking in International Standards and are at platform ready status in a fourth Axis... That has me scratching my head, but the implications are realm of going live with the currency, stocks, etc.. imo. ~ WOW~
7-11-2019 Intel Guru RayRen98 SKR holders are receiving notifications of "funds availability" by the end of this week. Reportedly, banks have received permission to start setting appointments for SKR holders and "documented" high volume exchangers. Undocumented exchangers will "follow suit" afterwards. Of course, Time Will Tell if any of this is 100% accurate.
7-11-2019 Newshound Guru chattels Article: "Oil and gas laws: a crux of Erbil-Baghdad tension By Omar Moradi" Quote: "The lack of oil and gas federal legislation has been the root cause of problems between Erbil and Baghdad since the Iraqi constitution was approved in 2005. Now there is a government in Baghdad that has shown its desire to resolve these problems through dialogue, and the success of the new Kurdistan Regional Government (KRG) cabinet depends on whether the oil and gas issue is resolved with Baghdad" IMO, the federal legislation contemplated by the foregoing article is "THE HCL". If the HCL law is a condition precedent or attendant to our liquidity event, then we are not there yet. [NOTE: See the list of possible "to do's" on the left side of this page in the Resource Bar.]
7-11-2019 Intel Guru MarkZ ...We appear to be in a holding pattern...for what? I do not know. I have no confirmations that anyone has spendable cash yet. Lots of articles in Iraq saying there will be a new rate and a new value soon… [Did they kick the can again?] Wish I knew today...but the fact is it hasn’t happened and it has to happen.
7-11-2019 Newshound Guru Adam Montana There will never be an absolute perfect set of circumstances under which Iraq "can" or "should" or "must" change the value of their currency. I see a fair amount of comments from people stating something like "Oh, Iraq will never RV unless X happens, or until Y is implemented", etc etc... that is simply not true. There is NO absolute "must" for Iraq. They can change the rate today. Or yesterday, or tomorrow. They can do it without any further progress, without any permission from anyone or anything, and all the speculation in the world won't give us an exact date or a precise set of circumstances. The situation we find ourselves in today, at this very moment, is "good enough". Personally, I'm on standby for an incredible event. A solid resolution on the oil and gas law (HCL) will mean "no turning back", but just the same - it's not a necessity. Pretty darn exciting, if you ask me. [post 2 of 2]
7-11-2019 Newshound Guru Adam Montana Article: "Oil and gas laws: a crux of Erbil-Baghdad tension" Back in the forefront of ReValuation (RV) news...HCL. We've made it through Ramadan, budgeting, elections, and a whole slew of other issues. All of them, although lengthy at times, have sailed successfully through the turbulent waters and left us with a final component: HCL. It's actually on the horizon. It's being talked about, and I'm predicting we'll see more of this very shortly. Adding fuel to the HCL fire: "Iraqi oil minister: OPEC agreement + will reduce stocks and achieve price stability" WTI just crossed $60 again, and those of us watching the OIL tickers recently are well aware of how stable OIL is right now. Those of us pairing that information with the current and ongoing situation in Iraq understand how important OIL is to Iraq's ability to RV. And in case anyone needed some reassurance...it's going as perfect as we could hope for. [post 1 of 2....stay tuned]
7-11-2019 Newshound/Intel Guru Mnt Goat Article: "WHY IS THE CURRENCY AUCTION IS OUTSIDE THE CONTROL OF THE CENTRAL BANK?" ...another article talking about the corruption with the currency auctions. This is all very good. We are going to see these auctions end and the “project to delete the zeros”. This is coming and coming sooner than later. The pressure by Sadr is enormous on parliament and the finance committee to work with the CBI.
7-11-2019 Intel Guru RayRen98 SKR holders are receiving notifications of "funds availability" by the end of this week. Reportedly, banks have received permission to start setting appointments for SKR holders and "documented" high volume exchangers. Undocumented exchangers will "follow suit" afterwards. Of course, Time Will Tell if any of this is 100% accurate.
7-11-2019 Newshound Guru chattels Article: "Oil and gas laws: a crux of Erbil-Baghdad tension By Omar Moradi" Quote: "The lack of oil and gas federal legislation has been the root cause of problems between Erbil and Baghdad since the Iraqi constitution was approved in 2005. Now there is a government in Baghdad that has shown its desire to resolve these problems through dialogue, and the success of the new Kurdistan Regional Government (KRG) cabinet depends on whether the oil and gas issue is resolved with Baghdad" IMO, the federal legislation contemplated by the foregoing article is "THE HCL". If the HCL law is a condition precedent or attendant to our liquidity event, then we are not there yet. [NOTE: See the list of possible "to do's" on the left side of this page in the Resource Bar.]
7-11-2019 Intel Guru MarkZ ...We appear to be in a holding pattern...for what? I do not know. I have no confirmations that anyone has spendable cash yet. Lots of articles in Iraq saying there will be a new rate and a new value soon… [Did they kick the can again?] Wish I knew today...but the fact is it hasn’t happened and it has to happen.
7-11-2019 Newshound Guru Adam Montana There will never be an absolute perfect set of circumstances under which Iraq "can" or "should" or "must" change the value of their currency. I see a fair amount of comments from people stating something like "Oh, Iraq will never RV unless X happens, or until Y is implemented", etc etc... that is simply not true. There is NO absolute "must" for Iraq. They can change the rate today. Or yesterday, or tomorrow. They can do it without any further progress, without any permission from anyone or anything, and all the speculation in the world won't give us an exact date or a precise set of circumstances. The situation we find ourselves in today, at this very moment, is "good enough". Personally, I'm on standby for an incredible event. A solid resolution on the oil and gas law (HCL) will mean "no turning back", but just the same - it's not a necessity. Pretty darn exciting, if you ask me. [post 2 of 2]
7-11-2019 Newshound Guru Adam Montana Article: "Oil and gas laws: a crux of Erbil-Baghdad tension" Back in the forefront of ReValuation (RV) news...HCL. We've made it through Ramadan, budgeting, elections, and a whole slew of other issues. All of them, although lengthy at times, have sailed successfully through the turbulent waters and left us with a final component: HCL. It's actually on the horizon. It's being talked about, and I'm predicting we'll see more of this very shortly. Adding fuel to the HCL fire: "Iraqi oil minister: OPEC agreement + will reduce stocks and achieve price stability" WTI just crossed $60 again, and those of us watching the OIL tickers recently are well aware of how stable OIL is right now. Those of us pairing that information with the current and ongoing situation in Iraq understand how important OIL is to Iraq's ability to RV. And in case anyone needed some reassurance...it's going as perfect as we could hope for. [post 1 of 2....stay tuned]
7-11-2019 Newshound/Intel Guru Mnt Goat Article: "WHY IS THE CURRENCY AUCTION IS OUTSIDE THE CONTROL OF THE CENTRAL BANK?" ...another article talking about the corruption with the currency auctions. This is all very good. We are going to see these auctions end and the “project to delete the zeros”. This is coming and coming sooner than later. The pressure by Sadr is enormous on parliament and the finance committee to work with the CBI.
7-10-2019 Newshound/Intel Guru Mnt Goat The other hitch is will the IMF allow this as acceptable and relieve then of the sanctions now or make them wait until the gas is delivered and pays out the $4.1 billion remaining? So far we have not heard from the IMF on this point. So we wait and listen. But YES this could be part of the IMF not wanting to sign off on the RV. Remember too the UN was just in Iraq in a BIG meeting. What were they discussing? Of course they discussed relieving the sanctions, the last part of Chapter VII. What we know as FACT is that Iraq can not Reinstate the currency as long as they are still in Chapter VII. [post 2 of 2]
7-10-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQ HAS PAID 48.3 BILLION DOLLARS COMPENSATION TO KUWAIT SO FAR" ...so the big question on everyone’s minds is will this effect the RV? Do we have to wait until 2021 for these sanctions to be off Iraq when all this money is paid to Kuwait? The answer is NO if the deal with Kuwait to give them gas in exchange for the remaining balance of $4.1 ($52.4 minus $48.3). We have been told this is the case. [post 1 of 2....stay tuned]
7-10-2019 Intel Guru Eagleone2025 [via PDK] ...THERE HAS BEEN ALOT OF TROUBLE IN BRINGING THIS TOGETHER. ...BEEN ON THE PHONE WITH SEVERAL SOURCES...WE KNOW THAT WE ARE VERY CLOSE…THE RELEASE IS VERY NEAR... IT HAS BEEN A LONG JOURNEY ...YES I HAVE HEARD FROM VERY HIGH SOURCES AND WE ARE BEING TOLD IT SHOULD BE SOON... WHAT DOES SOON MEAN... IT COULD BE THIS WEEK... I HAVE HEARD NUMBERS WERE COMING OUT MAYBE TODAY IS WHAT SOME SOURCES HAVE SAID... WE MAY BE IN THE BANK THIS WEEK.
7-10-2019 Intel Guru MarkZ [via PDK] Reno people think today will be Value Day...no more can kicking...In Iraq- no report of new rates there yet...My folks in Europe…in Zurich are in a holding pattern but expect to exchange at any moment...Looks like another day of sitting on the edge of our seats...
7-10-2019 Intel/Newshound Guru Mnt Goat ...Dr. Ali Mohsen Al-Alaq, the governor of the Central Bank of Iraq today...does not have the experience needed to run such a system as the Central Bank of Iraq. The system is very political even though it is supposed to be independent. ...So Alaq’s head is on the chopping block too and his days are numbered...The committee has selected the new CBI director/governor candidate already. He must first get ratified by parliament to get into the “permanent” position. Dr Shabibi and the World Bank is back in Iraq and working closely with this situation so we know they are VERY. VERY serious about moving ahead on the project to delete the zeros...
7-10-2019 Intel Guru Bruce [via PinkRoses] As far as what we are waiting for, it appears everything did get completed. However, this afternoon we were still looking for brand new rates coming up on screens at the bank and the Redemption Centers... and looking for new Forex rates to come up...I am hearing things from a couple of different sources that believe very strongly that tomorrow [Wednesday] is our so-called revalued day... I was told after those new rates come up on those bank screens, the Redemption Center screens, we would be in line to get the toll=free numbers...We shall see where it goes.
7-10-2019 Newshound/Intel Guru Mnt Goat Article: "IRAQ HAS PAID 48.3 BILLION DOLLARS COMPENSATION TO KUWAIT SO FAR" ...so the big question on everyone’s minds is will this effect the RV? Do we have to wait until 2021 for these sanctions to be off Iraq when all this money is paid to Kuwait? The answer is NO if the deal with Kuwait to give them gas in exchange for the remaining balance of $4.1 ($52.4 minus $48.3). We have been told this is the case. [post 1 of 2....stay tuned]
7-10-2019 Intel Guru Eagleone2025 [via PDK] ...THERE HAS BEEN ALOT OF TROUBLE IN BRINGING THIS TOGETHER. ...BEEN ON THE PHONE WITH SEVERAL SOURCES...WE KNOW THAT WE ARE VERY CLOSE…THE RELEASE IS VERY NEAR... IT HAS BEEN A LONG JOURNEY ...YES I HAVE HEARD FROM VERY HIGH SOURCES AND WE ARE BEING TOLD IT SHOULD BE SOON... WHAT DOES SOON MEAN... IT COULD BE THIS WEEK... I HAVE HEARD NUMBERS WERE COMING OUT MAYBE TODAY IS WHAT SOME SOURCES HAVE SAID... WE MAY BE IN THE BANK THIS WEEK.
7-10-2019 Intel Guru MarkZ [via PDK] Reno people think today will be Value Day...no more can kicking...In Iraq- no report of new rates there yet...My folks in Europe…in Zurich are in a holding pattern but expect to exchange at any moment...Looks like another day of sitting on the edge of our seats...
7-10-2019 Intel/Newshound Guru Mnt Goat ...Dr. Ali Mohsen Al-Alaq, the governor of the Central Bank of Iraq today...does not have the experience needed to run such a system as the Central Bank of Iraq. The system is very political even though it is supposed to be independent. ...So Alaq’s head is on the chopping block too and his days are numbered...The committee has selected the new CBI director/governor candidate already. He must first get ratified by parliament to get into the “permanent” position. Dr Shabibi and the World Bank is back in Iraq and working closely with this situation so we know they are VERY. VERY serious about moving ahead on the project to delete the zeros...
7-10-2019 Intel Guru Bruce [via PinkRoses] As far as what we are waiting for, it appears everything did get completed. However, this afternoon we were still looking for brand new rates coming up on screens at the bank and the Redemption Centers... and looking for new Forex rates to come up...I am hearing things from a couple of different sources that believe very strongly that tomorrow [Wednesday] is our so-called revalued day... I was told after those new rates come up on those bank screens, the Redemption Center screens, we would be in line to get the toll=free numbers...We shall see where it goes.
7-9-2019 Intel/Newshound Guru sandyf ...I read an article today that stated the visit from the UN told Iraq if they didn't follow the sanctions against Iran, they would be put BACK INTO chapter 7 plus sanctions...so they are NOT in chapter 7. Sanctions/Restrictions against any country, entity or individual can come about under different Chapters of the UN Charter. Chapter 7 provides the authority to deal with violations by force, whereas Chapter 6 requires resolution by peaceful means. If I remember right under Chapter 8 matters are resolved by local agencies. ...matters can start off under one chapter and then be transferred to another as happened with the Kuwait missing persons.
7-9-2019 Newshound/Intel Guru Mnt Goat ...my advice is relax. Let Sadr run his magic. He is on our side and wants the reinstatement just as bad if not more than us. He is working for reforms within Iraq. Remember his party/coalition won the election in 2018 and he ran on anti-corruption and reform agenda. He seated Mahdi and so the new PM must do what the coalition stands for - REFORMS. [post 2 of 2]
7-9-2019 Newshound/Intel Guru Mnt Goat ...why would parliament form a separate finance committee...just to look into the matter of corruption in the CBI and currency auctions and as to why the Financial Management law is not being administered and implemented. It has been passed for weeks now. Why would they do this if the RV was already scheduled to go? Another reason why no RV was going to happen - The Department of Economic Studies... held a scientific symposium entitled "Change in the value of the Iraqi currency, benefits and costs"...held on 7/4/2019... Why would they do this if the RV was already scheduled to go? [post 1 of 2....stay tuned]
7-9-2019 Intel Guru MarkZ Rumors from Reno…that west coast time when banks all close tonight the numbers will be released... so we could possibly have news this evening after 9 est. ...there is a big push to get us the 800 numbers today...They are expecting people to do banking by tomorrow… [Is there still some news that makes you confident that you are not sharing with us?] Yes… still some news I cannot share. ...I am still expecting “Christmas in July”. [What is the status on Redemption Centers...? Are they on high alert...?] My contacts are at work today and going over new protocals….and I was told if the rate is released later in the week they would be open on Saturday. No news of a new rate from Iraq yet.
7-9-2019 Newshound Guru Mnt Goat Many of you still ask me about 800#...You ask if all of this is really going to happen. I have said it before and I am saying it again. There are already 800# published. The banks already have currency exchange centers within the banks and you can call their numbers anytime you want. There are no other special numbers planned. Get it? How many times must I talk about this? But why would you call anyhow now not since the rate is still too low.
7-9-2019 Intel Guru Frank26 [via loby777] "we are now at a "close encounter with the RI"!!
7-9-2019 Intel Guru Eagleone2025 [via PDK] I HAVE TALKED TO SOME HIGH SOURCES I AM HEARING VERY GOOD RATES. THE WHOLE THING IS COMING TOGETHER. THINGS ARE MOVING FAST, BANKS ARE LOOKING GOOD...GET READY THIS WEEK IS LOOKING VERY GOOD...
7-9-2019 Newshound/Intel Guru Mnt Goat ...my advice is relax. Let Sadr run his magic. He is on our side and wants the reinstatement just as bad if not more than us. He is working for reforms within Iraq. Remember his party/coalition won the election in 2018 and he ran on anti-corruption and reform agenda. He seated Mahdi and so the new PM must do what the coalition stands for - REFORMS. [post 2 of 2]
7-9-2019 Newshound/Intel Guru Mnt Goat ...why would parliament form a separate finance committee...just to look into the matter of corruption in the CBI and currency auctions and as to why the Financial Management law is not being administered and implemented. It has been passed for weeks now. Why would they do this if the RV was already scheduled to go? Another reason why no RV was going to happen - The Department of Economic Studies... held a scientific symposium entitled "Change in the value of the Iraqi currency, benefits and costs"...held on 7/4/2019... Why would they do this if the RV was already scheduled to go? [post 1 of 2....stay tuned]
7-9-2019 Intel Guru MarkZ Rumors from Reno…that west coast time when banks all close tonight the numbers will be released... so we could possibly have news this evening after 9 est. ...there is a big push to get us the 800 numbers today...They are expecting people to do banking by tomorrow… [Is there still some news that makes you confident that you are not sharing with us?] Yes… still some news I cannot share. ...I am still expecting “Christmas in July”. [What is the status on Redemption Centers...? Are they on high alert...?] My contacts are at work today and going over new protocals….and I was told if the rate is released later in the week they would be open on Saturday. No news of a new rate from Iraq yet.
7-9-2019 Newshound Guru Mnt Goat Many of you still ask me about 800#...You ask if all of this is really going to happen. I have said it before and I am saying it again. There are already 800# published. The banks already have currency exchange centers within the banks and you can call their numbers anytime you want. There are no other special numbers planned. Get it? How many times must I talk about this? But why would you call anyhow now not since the rate is still too low.
7-9-2019 Intel Guru Frank26 [via loby777] "we are now at a "close encounter with the RI"!!
7-9-2019 Intel Guru Eagleone2025 [via PDK] I HAVE TALKED TO SOME HIGH SOURCES I AM HEARING VERY GOOD RATES. THE WHOLE THING IS COMING TOGETHER. THINGS ARE MOVING FAST, BANKS ARE LOOKING GOOD...GET READY THIS WEEK IS LOOKING VERY GOOD...
7-8-2019 Intel Guru MarkZ [via PDK] [800 numbers yet?] The Rumor is they could go overnight tonight or early morning as well.
7-8-2019 Newshound Guru MilitiaMan Article: "Rafidain Bank launches its approach to change and renewal at the station" Quotes: "...to start the banking business in accordance with the applications of the new electronic banking system..."; "...Iraq is about to move to a new stage in overcoming the stage of the financial crisis and economic to a new stage..." So they have prepared the tellers with new technology and methodology. They prepared them for the start of a new electronic banking system. I'll bet one that is prepared for the new currency we await. The new system has ATMs. They are expecting from the looks of it plenty of cash deposits. They'll be ready for them to help with the new ATMs functionality. They are wanting them to realize they are at the forefront now and for good reason. Ushering in change and literally will be making change...imo!
7-8-2019 Intel Guru Eagleone2025 WE ARE BEING TOLD THAT WE ARE VERY CLOSE TO THIS RELEASE. D.C. CONTACTS AND MILITARY HAVE ALL SAID THIS SHOULD BREAK THIS WEEK BY WED. WE HOPE TO BE IN THE BANKS. BANKING CONTACTS HAVE SAID THAT THEY ARE HEARING THIS WEEK FOR APPOINTMENTS...WE WAIT AND SEE...REMEMBER THIS IS A DAY BY DAY PROCESS. AGAIN WED. AT BANKS ARE LOOKING GOOD. EUROPE CONTACT SAID HE HEARD WE SHOULD IN BANKS THIS WEEK. HOLD ON TO YOUR CURRENCY...MAKE SURE YOU KNOW WHO YOU ARE DEALING WITH. DO NOT TAKE PIC OF CURRENCY AND DO NOT PASS THEM ON TO ANYONE.
7-8-2019 Intel Guru MarkZ This weekend has been very slow for news until early this morning... I have...not had time to vet it all. I have some news I cannot say that makes me confident that at least the rest of the world will be going tomorrow and the US shortly after...although we still hope we all go together. ...Rumors from the banking side is we may see 800 numbers this afternoon. [Status on Redemption Centers today?] They did not work this weekend…but have reported to work bright and early today. Dong rate rumor I heard it will start at .47 at the street and float up to its final value of around $2.27. This should not effect those of us calling the 800 numbers. Rumored dinar rate are pretty fantastical...not sure I believe it...Contract rates $28 for the first 10 million...
7-8-2019 Newshound Guru chattels Article: "Distribution of the instruments of Article 140 on Kurdish families" The allocation /distribution of funds to Kurds under article 140 is part of the first phase in the process. There remains at least the requirements of a census and referendum. Article 140 involves three stages. The first, normalization, has a compensatory payment factor to it. The next two are a census and a referendum to determine inclusion in the KRG. There are reports of a census in 2020, but there is an argument over whether it is/ can be used as the article 140 census. It is possible that the recent news was about funding for the census. [Note: Article 140 is on the guru list of possible remaining to do's...you can see the full list in the Resource Bar on the left of this page.]
7-8-2019 Newshound Guru Whitelions Article: "Distribution of the instruments of Article 140 on Kurdish families" wooo hoooo...good news.
7-8-2019 Newshound Guru MilitiaMan Article: "Rafidain Bank launches its approach to change and renewal at the station" Quotes: "...to start the banking business in accordance with the applications of the new electronic banking system..."; "...Iraq is about to move to a new stage in overcoming the stage of the financial crisis and economic to a new stage..." So they have prepared the tellers with new technology and methodology. They prepared them for the start of a new electronic banking system. I'll bet one that is prepared for the new currency we await. The new system has ATMs. They are expecting from the looks of it plenty of cash deposits. They'll be ready for them to help with the new ATMs functionality. They are wanting them to realize they are at the forefront now and for good reason. Ushering in change and literally will be making change...imo!
7-8-2019 Intel Guru Eagleone2025 WE ARE BEING TOLD THAT WE ARE VERY CLOSE TO THIS RELEASE. D.C. CONTACTS AND MILITARY HAVE ALL SAID THIS SHOULD BREAK THIS WEEK BY WED. WE HOPE TO BE IN THE BANKS. BANKING CONTACTS HAVE SAID THAT THEY ARE HEARING THIS WEEK FOR APPOINTMENTS...WE WAIT AND SEE...REMEMBER THIS IS A DAY BY DAY PROCESS. AGAIN WED. AT BANKS ARE LOOKING GOOD. EUROPE CONTACT SAID HE HEARD WE SHOULD IN BANKS THIS WEEK. HOLD ON TO YOUR CURRENCY...MAKE SURE YOU KNOW WHO YOU ARE DEALING WITH. DO NOT TAKE PIC OF CURRENCY AND DO NOT PASS THEM ON TO ANYONE.
7-8-2019 Intel Guru MarkZ This weekend has been very slow for news until early this morning... I have...not had time to vet it all. I have some news I cannot say that makes me confident that at least the rest of the world will be going tomorrow and the US shortly after...although we still hope we all go together. ...Rumors from the banking side is we may see 800 numbers this afternoon. [Status on Redemption Centers today?] They did not work this weekend…but have reported to work bright and early today. Dong rate rumor I heard it will start at .47 at the street and float up to its final value of around $2.27. This should not effect those of us calling the 800 numbers. Rumored dinar rate are pretty fantastical...not sure I believe it...Contract rates $28 for the first 10 million...
7-8-2019 Newshound Guru chattels Article: "Distribution of the instruments of Article 140 on Kurdish families" The allocation /distribution of funds to Kurds under article 140 is part of the first phase in the process. There remains at least the requirements of a census and referendum. Article 140 involves three stages. The first, normalization, has a compensatory payment factor to it. The next two are a census and a referendum to determine inclusion in the KRG. There are reports of a census in 2020, but there is an argument over whether it is/ can be used as the article 140 census. It is possible that the recent news was about funding for the census. [Note: Article 140 is on the guru list of possible remaining to do's...you can see the full list in the Resource Bar on the left of this page.]
7-8-2019 Newshound Guru Whitelions Article: "Distribution of the instruments of Article 140 on Kurdish families" wooo hoooo...good news.
7-7-2019 Intel/Newshound Guru sandyf People should note that Iraq was effectively removed from UN Chapter 7 in 2013 when the Kuwait missing persons issue was transferred to Chapter 6. Quote: "the United Nations Security Council decided on 29 June to address the remaining question of missing Kuwaiti persons and property under Chapter VI, i.e. by peaceful means. Iraq’s only remaining Chapter VII obligation is the payment to Kuwait of 8.5 billion euros, which is to be completed in 2015 if Iraq maintains the current pace of reimbursements. The UNSC decision therefore closes, both literally and figuratively, a painful chapter in Iraq’s history" There are still Chapter 7 sanctions in place against Iraqi individuals and entities but that has no bearing on Iraq as a country.
7-7-2019 Newshound Guru MilitiaMan As at this stage...I don't think we have ever been in such a good place as we see now from what they CBI is telling us. They clearly state the positive effects of the reduction in the Iraqi Dinar is to be good for the global economy. They are telling us imo they have to raise the rate and in fact they go so far to state they made the decision to do so already. By doing a reduction in Iraqi Dinar (raising the value) they have to stop the auctions as we know them. That is flat out pressure, if not mainly saying get ready we have to now raise the rate internationally, as we decided to reduce the auctions to once a week by reducing the Iraqi Dinar. The CBI is talking powerfully with what they are saying...imo. [post 2 of 2]
7-7-2019 Newshound Guru MilitiaMan Article quotes: "...the reduction of the Iraqi dinar and its impact on the Iraqi economy, some describe this reduction as support for the global economy..."; "...there were comments from the audience and views and proposals on the decision to reduce the Iraqi dinar..." there is far more that I am excited about and for very good reason...imo. Here are a few of them [quotes] that clearly suggest they are raising the value of the IQD and not next year. They would implode from inflation. They are quitting the auctions thus, they have to raise the rate and pronto. Very clear and concise..imo. [post 1 of 2....stay tuned]
7-7-2019 Newshound Guru MilitiaMan As at this stage...I don't think we have ever been in such a good place as we see now from what they CBI is telling us. They clearly state the positive effects of the reduction in the Iraqi Dinar is to be good for the global economy. They are telling us imo they have to raise the rate and in fact they go so far to state they made the decision to do so already. By doing a reduction in Iraqi Dinar (raising the value) they have to stop the auctions as we know them. That is flat out pressure, if not mainly saying get ready we have to now raise the rate internationally, as we decided to reduce the auctions to once a week by reducing the Iraqi Dinar. The CBI is talking powerfully with what they are saying...imo. [post 2 of 2]
7-7-2019 Newshound Guru MilitiaMan Article quotes: "...the reduction of the Iraqi dinar and its impact on the Iraqi economy, some describe this reduction as support for the global economy..."; "...there were comments from the audience and views and proposals on the decision to reduce the Iraqi dinar..." there is far more that I am excited about and for very good reason...imo. Here are a few of them [quotes] that clearly suggest they are raising the value of the IQD and not next year. They would implode from inflation. They are quitting the auctions thus, they have to raise the rate and pronto. Very clear and concise..imo. [post 1 of 2....stay tuned]
7-6-2019 Newshound/Intel Guru RVAlready As soon as everyone quits inventing petty reasons for holding this up, and concentrated on the enormous benefits of getting this done, we will see prosperity. Hopefully, this is on the cusp of occurring.
7-6-2019 Newshound Guru chattels "The improvement in relations between the KRG and the federal government in Baghdad has created good conditions for foreign companies to invest ", Lutes said..." “We know that Iraq and the Kurdistan Region of Iraq are at a pivotal moment. We think it is an opportune time for American companies to be looking to come in to invest and do business...” I used to say that as Kurdistan goes, so goes our investment. What I meant and mean is that Baghdad - Erbil relations are key to socio-economic stability and a functional government, IMO. Does the foregoing article mean that we have arrived at such a point? No. but hope springs eternal.
7-6-2019 Newshound/Intel Guru Mnt Goat Article: "AMENDMENT OF THE BUDGET INCLUDES TAKING A PLEDGE FROM PRIME MINISTER ADEL ABDUL MAHDI TO RESOLVE THE POSITIONS OF PROXY BY OCT 1st." ...look at his deadline date – Oct 1st.
7-6-2019 Newshound Guru chattels "The improvement in relations between the KRG and the federal government in Baghdad has created good conditions for foreign companies to invest ", Lutes said..." “We know that Iraq and the Kurdistan Region of Iraq are at a pivotal moment. We think it is an opportune time for American companies to be looking to come in to invest and do business...” I used to say that as Kurdistan goes, so goes our investment. What I meant and mean is that Baghdad - Erbil relations are key to socio-economic stability and a functional government, IMO. Does the foregoing article mean that we have arrived at such a point? No. but hope springs eternal.
7-6-2019 Newshound/Intel Guru Mnt Goat Article: "AMENDMENT OF THE BUDGET INCLUDES TAKING A PLEDGE FROM PRIME MINISTER ADEL ABDUL MAHDI TO RESOLVE THE POSITIONS OF PROXY BY OCT 1st." ...look at his deadline date – Oct 1st.
7-5-2019 Newshound/Intel Guru Mnt Goat Article: "CBI ENCOURAGES BANKS IRAQ TO DEPLOY ELECTRONIC PAYMENT TOOLS REPRESENTED BY ATM AND POS" Note this article DOES NOT say that the lower denominations (1, 5,10,25,100,.25, .50, etc..) are now available in the ATMs.
7-5-2019 Intel Guru Eagleone2025 [via PDK] ...REMEMBER THIS IS A DAY BY DAY PROCESS. GOOD INTEL BAD INTEL... WE ARE WAITING TO HEAR FROM TREASURY... WHEN EVERYTHING IS IN PLACE THE RELEASE WILL COME.
7-5-2019 Intel Guru MarkZ [via PDK] So here we are sitting here all dressed up for the dance and the DJ hasn’t shown up. Rumors are they have punted us until Monday…Rumors that Redemption centers are manned all weekend…I am still hearing from Europe they are planning on exchanging on Tuesday. Just a lot of unsubstantiated rumors out there today.
7-5-2019 Newshound Guru MilitiaMan Article: "Deposit of intermediary companies" Quote: "...the necessity of only one deposit a week by companies mediating the sale and purchase of foreign currencies for the purpose of buying the dollar from the window of buying and selling foreign currency..." This is a slam dunk! The auctions have been stopped as we knew them as of today. Timing?
7-5-2019 Newshound/Intel Guru Mnt Goat So, we are waiting for them to announce the new governor of the CBI. Many sources believe this is needed before going ahead again on the project to delete the zeros, as least to the final stages we are looking for. My guess is this may be the case. Good news is that the CBI is pressuring now ALL the banks to start up their ATMs and use POS to conduct business instead of cash. We have known about this objective since 2011 so this is nothing new. However, to see the CBI really pushing this now may mean they are starting their last drive in this direction... This to me says the final part of the project to delete the zeros is underway.
7-5-2019 Intel Guru RayRen98 We did NOT receive 800 numbers nor any announcements of the RV. Some Call Centers were manned today ...just in case something "Big" happened. Reportedly, the sequestered banking staff were given the day off and told to return "first thing" in the morning [Friday]. Multiple rates are now being seen....to fit the situation...I suppose. ..."ain't gonna happen on a Friday" theory just might prove false...Time Will Tell.
7-5-2019 Intel Guru Eagleone2025 [via PDK] ...REMEMBER THIS IS A DAY BY DAY PROCESS. GOOD INTEL BAD INTEL... WE ARE WAITING TO HEAR FROM TREASURY... WHEN EVERYTHING IS IN PLACE THE RELEASE WILL COME.
7-5-2019 Intel Guru MarkZ [via PDK] So here we are sitting here all dressed up for the dance and the DJ hasn’t shown up. Rumors are they have punted us until Monday…Rumors that Redemption centers are manned all weekend…I am still hearing from Europe they are planning on exchanging on Tuesday. Just a lot of unsubstantiated rumors out there today.
7-5-2019 Newshound Guru MilitiaMan Article: "Deposit of intermediary companies" Quote: "...the necessity of only one deposit a week by companies mediating the sale and purchase of foreign currencies for the purpose of buying the dollar from the window of buying and selling foreign currency..." This is a slam dunk! The auctions have been stopped as we knew them as of today. Timing?
7-5-2019 Newshound/Intel Guru Mnt Goat So, we are waiting for them to announce the new governor of the CBI. Many sources believe this is needed before going ahead again on the project to delete the zeros, as least to the final stages we are looking for. My guess is this may be the case. Good news is that the CBI is pressuring now ALL the banks to start up their ATMs and use POS to conduct business instead of cash. We have known about this objective since 2011 so this is nothing new. However, to see the CBI really pushing this now may mean they are starting their last drive in this direction... This to me says the final part of the project to delete the zeros is underway.
7-5-2019 Intel Guru RayRen98 We did NOT receive 800 numbers nor any announcements of the RV. Some Call Centers were manned today ...just in case something "Big" happened. Reportedly, the sequestered banking staff were given the day off and told to return "first thing" in the morning [Friday]. Multiple rates are now being seen....to fit the situation...I suppose. ..."ain't gonna happen on a Friday" theory just might prove false...Time Will Tell.
7-4-2019 Intel Guru Eagleone2025 WE ARE IN A VERY GOOD POSITION I TALKED TO THREE BANKERS INCLUDING EXCHANGE BANKERS THAT HAS SAID WE ARE VERY CLOSE…BANKERS WORKING TOMORROW INTO WEEKEND ALL NEXT WEEK THEY ARE BEING TOLD TO MAN CENTERS...
7-4-2019 Intel Guru MarkZ [Are we getting 800 numbers today?] We will be watching closely today after the president speaks...hearing it could be anytime after...we will be enjoying the 4th celebrations and hope we get them today ...My contacts at Redemption centers will be working tomorrow… From Iraq- No new rates as of yet... [Rate]...for the dong I...expect between $.47 to $2 range...this is what makes sense to me.
7-4-2019 Newshound/Intel Guru Mnt Goat Article quote: "...the delegation of the Security Council, which visited Baghdad yesterday DID NOT DISCUSS THE ISSUE OF LIFTING IRAQ FROM CHAPTER VII." ...this is BIG...We just learned that Iraq is not “fully” out of Chapter VII. It is the provisions to repay Kuwait. But didn’t Kuwait accept a deal to repay with gas sent from Iraq? Isn’t Iraq even building a pipeline to do so? So we see all of this must be recognized still by the UN security council and they voted on to lift “all” of Chapter VII sanctions. So yes, this could be part of the holdup in letting the reinstatement go. But why are they bringing this up now? They are bringing this up now because the Sadr movement want to move ahead and do the reinstatement and get the CBI to complete the project to delete the zeros. Not wait any longer… But there are pieces to this that still must be clean up.
7-4-2019 Intel/Newshound sandyf The IQD is an Article 14 currency, so where does out of Article 8 come into it. Iraq needs to move to Article 8 for the IQD to gain guaranteed redemption and become internationally recognized. This move would make the currency Partially Convertible, a currency has to be heavily involved in international trade for many years to be recognized as Fully Convertible. Article 14 currencies change value all the time but they are not traded on the lower forex markets only the higher corporate levels. Companies that do handle Article 14 currencies do so at their own risk.
7-4-2019 Intel Guru MarkZ [Are we getting 800 numbers today?] We will be watching closely today after the president speaks...hearing it could be anytime after...we will be enjoying the 4th celebrations and hope we get them today ...My contacts at Redemption centers will be working tomorrow… From Iraq- No new rates as of yet... [Rate]...for the dong I...expect between $.47 to $2 range...this is what makes sense to me.
7-4-2019 Newshound/Intel Guru Mnt Goat Article quote: "...the delegation of the Security Council, which visited Baghdad yesterday DID NOT DISCUSS THE ISSUE OF LIFTING IRAQ FROM CHAPTER VII." ...this is BIG...We just learned that Iraq is not “fully” out of Chapter VII. It is the provisions to repay Kuwait. But didn’t Kuwait accept a deal to repay with gas sent from Iraq? Isn’t Iraq even building a pipeline to do so? So we see all of this must be recognized still by the UN security council and they voted on to lift “all” of Chapter VII sanctions. So yes, this could be part of the holdup in letting the reinstatement go. But why are they bringing this up now? They are bringing this up now because the Sadr movement want to move ahead and do the reinstatement and get the CBI to complete the project to delete the zeros. Not wait any longer… But there are pieces to this that still must be clean up.
7-4-2019 Intel/Newshound sandyf The IQD is an Article 14 currency, so where does out of Article 8 come into it. Iraq needs to move to Article 8 for the IQD to gain guaranteed redemption and become internationally recognized. This move would make the currency Partially Convertible, a currency has to be heavily involved in international trade for many years to be recognized as Fully Convertible. Article 14 currencies change value all the time but they are not traded on the lower forex markets only the higher corporate levels. Companies that do handle Article 14 currencies do so at their own risk.
7-3-2019 Intel Guru MarkZ A lot of folks are saying we are at high alert... everywhere...I'm pretty excited at where we are at. We have heard 800 numbers may be out after Trump makes his announcements tomorrow. One exchange center is on call tomorrow and the others are being told to come to work Friday and Saturday Morning. Everyone worldwide seem to be very excited for President Trumps Announcements tomorrow.
7-3-2019 Newshound Guru Adam Montana I hope you understand how huge this is for Iraq. They are one of the founding members of OPEC. The 2nd largest producer in the group. Iraq is agreeing to support these cuts. But they did not agree to join the group in their cuts. This gives Iraq carte blanche - complete freedom - to increase their production on a moment's notice, revalue their currency, and corner the market while they rake in cash to cover their "expenses". They may be operating on an increased production as we speak, stocking up hidden stores of oil in preparation for a huge push to bring in a massive amount of capital to cover the RV. There is more than one way to skin a cat, as they say, and that's just one aspect. The above is certainly an oversimplification of the big picture, but the fact remains - Iraq is nodding in agreement with the cuts, but they have never committed to it. NOT. ONE. TIME. [post 3 of 3]
7-3-2019 Newshound Guru Adam Montana Iraq is noted as the second largest producer... wait, what? We're talking about BLACK GOLD here, one of the most valuable commodities on the planet. And Iraq is #2... yet the currency they use is currently over 1000X weaker than the US dollar. Collectively, OPEC nations have over 80% of the world's known oil reserves... yet Iraq, the 2nd largest producer in that group, has a currency that would require 2000 pieces of it to buy a loaf of bread at your corner store. OPEC as a group agreed to keep oil production low, to stimulate oil prices. The majority of the members placed their name on the list of participants in this endeavor when it was originally voted on. The majority of the members did that... Iraq specifically did NOT. [post 2 of 3....stay tuned
7-3-2019 Newshound Guru Adam Montana Interesting times right now. GOI members are playing very nicely... The G20 didn't produce any immediately exciting news that I've ran across, but it didn't bring us anything bad either. Back in the news, and worth a review, is the current OPEC agreement. Article: "OPEC deal important for oil market stability: Iraqi PM" Important notes in that article: 1. Iraq is the 2nd largest oil producer in OPEC. (Does it make sense that it's currency is valued so low?) 2. The production limitation agreement has been extended for 9 months - to boost the price of oil, rather than overproduce and drive the prices down. The amount of time the agreement has been extended isn't as important as the mere fact that it IS extended. Oil is hovering just under that $60 mark, and the stability is a great thing. Stable oil prices = comfortable accountants = solid footing to RV. (Yes, the accountants have a say!) [post 1 of 3....stay tuned]
7-3-2019 Intel Guru Eagleone2025 ...MY BANKING SOURCES HAVE TOLD ME THIS VERY CLOSE...
7-3-2019 Intel Guru MarkZ [via PDK] We are still hearing from banking sources that they are expecting to get this out the door the week of the 4th...which we are in the middle of and also still hearing they expect to start exchanges on Friday...My people at redemption centers say they are not working on Thursday...so none of them are expecting anything until Friday... I have no idea why Iraq doesn’t just go ahead and RV without everyone else...they are done…they are ready...If I were them I would just do it.
7-3-2019 Intel Guru Bruce [via PinkRoses] ...We know that in Iraq, Iraq has a $7 rate on their screens which we believe is an in-country rate and possibly an International rate, but our rate here should be higher...I think it will be better than we thought... ...in the morning [Wednesday], they will announce and have their rate in place. ...I believe what I am hearing...that we are looking good for toll-free numbers possibly to come out tomorrow [Wednesday]...I got essentially 3 confirmations that are saying 800 numbers tomorrow...I have a really good sense we are really right on this. I am not calling it, but I am telling you we are going to get this in the next day or so.
7-3-2019 Newshound Guru EHankins Frank26 quote: "IMO ... MAYBE ON THE 4TH ... T [Trunp ?]MAY IGNITE OUR CURRENCY AS WELL" IMO... this possibility does not surprise me at all...
7-3-2019 Newshound Guru Adam Montana I hope you understand how huge this is for Iraq. They are one of the founding members of OPEC. The 2nd largest producer in the group. Iraq is agreeing to support these cuts. But they did not agree to join the group in their cuts. This gives Iraq carte blanche - complete freedom - to increase their production on a moment's notice, revalue their currency, and corner the market while they rake in cash to cover their "expenses". They may be operating on an increased production as we speak, stocking up hidden stores of oil in preparation for a huge push to bring in a massive amount of capital to cover the RV. There is more than one way to skin a cat, as they say, and that's just one aspect. The above is certainly an oversimplification of the big picture, but the fact remains - Iraq is nodding in agreement with the cuts, but they have never committed to it. NOT. ONE. TIME. [post 3 of 3]
7-3-2019 Newshound Guru Adam Montana Iraq is noted as the second largest producer... wait, what? We're talking about BLACK GOLD here, one of the most valuable commodities on the planet. And Iraq is #2... yet the currency they use is currently over 1000X weaker than the US dollar. Collectively, OPEC nations have over 80% of the world's known oil reserves... yet Iraq, the 2nd largest producer in that group, has a currency that would require 2000 pieces of it to buy a loaf of bread at your corner store. OPEC as a group agreed to keep oil production low, to stimulate oil prices. The majority of the members placed their name on the list of participants in this endeavor when it was originally voted on. The majority of the members did that... Iraq specifically did NOT. [post 2 of 3....stay tuned
7-3-2019 Newshound Guru Adam Montana Interesting times right now. GOI members are playing very nicely... The G20 didn't produce any immediately exciting news that I've ran across, but it didn't bring us anything bad either. Back in the news, and worth a review, is the current OPEC agreement. Article: "OPEC deal important for oil market stability: Iraqi PM" Important notes in that article: 1. Iraq is the 2nd largest oil producer in OPEC. (Does it make sense that it's currency is valued so low?) 2. The production limitation agreement has been extended for 9 months - to boost the price of oil, rather than overproduce and drive the prices down. The amount of time the agreement has been extended isn't as important as the mere fact that it IS extended. Oil is hovering just under that $60 mark, and the stability is a great thing. Stable oil prices = comfortable accountants = solid footing to RV. (Yes, the accountants have a say!) [post 1 of 3....stay tuned]
7-3-2019 Intel Guru Eagleone2025 ...MY BANKING SOURCES HAVE TOLD ME THIS VERY CLOSE...
7-3-2019 Intel Guru MarkZ [via PDK] We are still hearing from banking sources that they are expecting to get this out the door the week of the 4th...which we are in the middle of and also still hearing they expect to start exchanges on Friday...My people at redemption centers say they are not working on Thursday...so none of them are expecting anything until Friday... I have no idea why Iraq doesn’t just go ahead and RV without everyone else...they are done…they are ready...If I were them I would just do it.
7-3-2019 Intel Guru Bruce [via PinkRoses] ...We know that in Iraq, Iraq has a $7 rate on their screens which we believe is an in-country rate and possibly an International rate, but our rate here should be higher...I think it will be better than we thought... ...in the morning [Wednesday], they will announce and have their rate in place. ...I believe what I am hearing...that we are looking good for toll-free numbers possibly to come out tomorrow [Wednesday]...I got essentially 3 confirmations that are saying 800 numbers tomorrow...I have a really good sense we are really right on this. I am not calling it, but I am telling you we are going to get this in the next day or so.
7-3-2019 Newshound Guru EHankins Frank26 quote: "IMO ... MAYBE ON THE 4TH ... T [Trunp ?]MAY IGNITE OUR CURRENCY AS WELL" IMO... this possibility does not surprise me at all...
7-2-2019 Intel Guru footforward Everything is lining up for exactly what I expected when it's RV time. I've said for years it would be absolute chaos. Wars. Looking like the end of time. This is going to happen...
7-2-2019 Newshound Guru Whitelions ...they DO NOT NEED TO BE OUT OF IT [Article 8] TO GAIN VALUE IN THE DINAR did I say that loud enough...if they did they would not have done all the stuff they have done so far they would have taken care of that already...
7-2-2019 Intel Guru MarkZ A tremendous amount of things happened overnight...a lot of positioning happened...Based on the action happening right now...we may see “Value Day” very, very soon. Maybe as soon as late today or tomorrow. Value Day means “800 number day” ...they should happen moments from each other. What makes the most sense to me and some good sources is 800 numbers by tomorrow and appointments start on Friday...IMO. Iraq does not have the new rate...yet. [I’ve heard that there’s only 2 rates for the Dinar 1) Within 15 cents of the Kuwaiti Dinar 2) $28.50 contract rate...!] I have heard the same thing from several different sources...so that may be true...I would be beyond excited if this is true. [What is the status of the Redemption Centers] They are staffed this week…at least the ones I know personally...except on the 4th...but they are waiting to exchange us still this week...
7-2-2019 Intel Guru Frank26 Article: "The new salary scale will be within the 2020 budget" Quote: "The salary scale will come into effect through the 2020 budget, which can not be implemented at the present time because of the lack of financial allocations within this year's budget," IMO...MAYBE ON THE 4TH...T [TRUMP ?] MAY IGNITE OUR CURRENCY AS WELL.
7-2-2019 Newshound/Intel Guru Mnt Goat The PM still needs to get the education minister ratified by the parliament and this is still scheduled for this week to be completed, maybe a vote today.
7-2-2019 Newshound Guru Whitelions ...they DO NOT NEED TO BE OUT OF IT [Article 8] TO GAIN VALUE IN THE DINAR did I say that loud enough...if they did they would not have done all the stuff they have done so far they would have taken care of that already...
7-2-2019 Intel Guru MarkZ A tremendous amount of things happened overnight...a lot of positioning happened...Based on the action happening right now...we may see “Value Day” very, very soon. Maybe as soon as late today or tomorrow. Value Day means “800 number day” ...they should happen moments from each other. What makes the most sense to me and some good sources is 800 numbers by tomorrow and appointments start on Friday...IMO. Iraq does not have the new rate...yet. [I’ve heard that there’s only 2 rates for the Dinar 1) Within 15 cents of the Kuwaiti Dinar 2) $28.50 contract rate...!] I have heard the same thing from several different sources...so that may be true...I would be beyond excited if this is true. [What is the status of the Redemption Centers] They are staffed this week…at least the ones I know personally...except on the 4th...but they are waiting to exchange us still this week...
7-2-2019 Intel Guru Frank26 Article: "The new salary scale will be within the 2020 budget" Quote: "The salary scale will come into effect through the 2020 budget, which can not be implemented at the present time because of the lack of financial allocations within this year's budget," IMO...MAYBE ON THE 4TH...T [TRUMP ?] MAY IGNITE OUR CURRENCY AS WELL.
7-2-2019 Newshound/Intel Guru Mnt Goat The PM still needs to get the education minister ratified by the parliament and this is still scheduled for this week to be completed, maybe a vote today.
7-1-2019 Intel Guru MarkZ Iraq does not have a new live rate on the streets as of yet. We are still at high alert...but news is all over the place...I still think it’s a perfect storm for this RV/GCR to happen at anytime...banks are failing everywhere...they have to get this reset out the door now. [Has the live rate been established?] I was told it has.
7-1-2019 Newshound/Intel Guru Mnt Goat Article: "LAUNCH OF THE MASTER CARD AFTER PROVIDING ELECTRONIC SHOPPING TO LOCAL AND INTERNATIONAL MARKETS" So any new international credit/debit card will need FOREX to find the rate first when converting to the country’s currency you are in when outside the country thus international. This is how it works. ...So the questions is this - will they have the new reinstated rate on FOREX shortly for these cards to work internationally?
7-1-2019 Newshound/Intel Guru RVAlready I suspect that Trump has signed off on the RV, and turned it over to the treasury. ...the big international treasurers meeting in Iraq today. I do not expect anything that could tip anyone off that this is happening. Clearly, those running the show want minimum exposure. Hopefully, as with Kuwait, the average person will never know there was an RV.
7-1-2019 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY MOVE TO RAISE THE PRICE OF THE DINAR AND MAINTAIN THE STABILITY OF INFLATION" Quote: “THE CHANGE WILL RAISE THE EXCHANGE RATE OF THE IRAQI DINAR AGAINST FOREIGN CURRENCIES while maintaining the stability of inflation in the country” this means to put the dinar on a float. To do this means reinstating the dinar on FOREX. Quote: “The Commission is DETERMINED TO MAKE THESE CHANGES DURING THE NEXT PHASE and NOT TO FOLLOW THE TRADITIONAL METHODS ARE NOT APPROPRIATE AT THE MOMENT.” “TRADITIONAL” means the current currency auctions will go away as they use today.
7-1-2019 Newshound/Intel Guru Mnt Goat Article: "LAUNCH OF THE MASTER CARD AFTER PROVIDING ELECTRONIC SHOPPING TO LOCAL AND INTERNATIONAL MARKETS" So any new international credit/debit card will need FOREX to find the rate first when converting to the country’s currency you are in when outside the country thus international. This is how it works. ...So the questions is this - will they have the new reinstated rate on FOREX shortly for these cards to work internationally?
7-1-2019 Newshound/Intel Guru RVAlready I suspect that Trump has signed off on the RV, and turned it over to the treasury. ...the big international treasurers meeting in Iraq today. I do not expect anything that could tip anyone off that this is happening. Clearly, those running the show want minimum exposure. Hopefully, as with Kuwait, the average person will never know there was an RV.
7-1-2019 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY MOVE TO RAISE THE PRICE OF THE DINAR AND MAINTAIN THE STABILITY OF INFLATION" Quote: “THE CHANGE WILL RAISE THE EXCHANGE RATE OF THE IRAQI DINAR AGAINST FOREIGN CURRENCIES while maintaining the stability of inflation in the country” this means to put the dinar on a float. To do this means reinstating the dinar on FOREX. Quote: “The Commission is DETERMINED TO MAKE THESE CHANGES DURING THE NEXT PHASE and NOT TO FOLLOW THE TRADITIONAL METHODS ARE NOT APPROPRIATE AT THE MOMENT.” “TRADITIONAL” means the current currency auctions will go away as they use today.
6-30-2019 Newshound/Intel Guru RVAlready If
that update is true, it means the RV has been signed off by Trump, The queen of
England, the PM of Iraq, and the head of the IMF. [reference Guru
RayRen98 post 6-30-2019.]
6-30-2019 Newshound Guru MilitiaMan Article: "Al-Shamma: Administrative stability raises the financial sector" Quote: "...in order to stabilize the monetary policy we need stability of the administration, and here we can indicate the stability of exchange rates in Iraq during the past years..." Fairly sure this one has the making of the blessing from or of the UST to go ahead and tell the world via media your coming out from under the final sanctions and you have our blessing to raise the rate..
6-30-2019 Intel Guru Delta ...LET ME TELL YOU A STORY...ONCE UPON A TIME A LITTLE BIRDY TOLD ME CHRISTMAS WILL BE IN JULY...THAT WAS THE END OF THE STORY...
6-30-2019 Newshound/Intel Guru RVAlready It is logical for this to happen tomorrow - June 30. It is the end of the quarter, and no US or European banks are open. So, they close the month at one rate, and open the new month at a new rate. Nice and clean for everyone.
6-30-2019 Intel Guru RayRen98 Monday's Parliament session should yield the confirmation of the Minister of Education. A "special" meeting with the CBI is planned for Sunday in Iraq. The following are expected to be in attendance: the former Financial Minister, the US Treasury Secretary, the UK Treasury Secretary, Dr. Shabibi and representatives from the IMF and the World Bank. [hmmmm, I wonder what THAT could be about?] ...Some US banks are anticipating release of 800 numbers on Sunday for the purpose of making appointments for Monday. The "skuttle butt" is rapidly spreading across the community...Time Will Tell if they are "finally" correct this time. Some banking employees are being told to report to work on Sunday...[huh???] I'm liking this.
6-30-2019 Newshound Guru MilitiaMan Article: "Al-Shamma: Administrative stability raises the financial sector" Quote: "...in order to stabilize the monetary policy we need stability of the administration, and here we can indicate the stability of exchange rates in Iraq during the past years..." Fairly sure this one has the making of the blessing from or of the UST to go ahead and tell the world via media your coming out from under the final sanctions and you have our blessing to raise the rate..
6-30-2019 Intel Guru Delta ...LET ME TELL YOU A STORY...ONCE UPON A TIME A LITTLE BIRDY TOLD ME CHRISTMAS WILL BE IN JULY...THAT WAS THE END OF THE STORY...
6-30-2019 Newshound/Intel Guru RVAlready It is logical for this to happen tomorrow - June 30. It is the end of the quarter, and no US or European banks are open. So, they close the month at one rate, and open the new month at a new rate. Nice and clean for everyone.
6-30-2019 Intel Guru RayRen98 Monday's Parliament session should yield the confirmation of the Minister of Education. A "special" meeting with the CBI is planned for Sunday in Iraq. The following are expected to be in attendance: the former Financial Minister, the US Treasury Secretary, the UK Treasury Secretary, Dr. Shabibi and representatives from the IMF and the World Bank. [hmmmm, I wonder what THAT could be about?] ...Some US banks are anticipating release of 800 numbers on Sunday for the purpose of making appointments for Monday. The "skuttle butt" is rapidly spreading across the community...Time Will Tell if they are "finally" correct this time. Some banking employees are being told to report to work on Sunday...[huh???] I'm liking this.
6-28-2019 *** Dinar Guru Newsflash *** PM Mahdi sent a new name for the Minister of Education to be voted on by parliament . Unfortunately, this person was denied. This means the government is still not officially formed. What's not completely clear at this point is whether Mahdi included a name to parliament for a permanent Central Bank of Iraq governor. The name being reported is Ali Abdul Allawi. There was intel about a possible change at the CBI several months back...now it appears a change may be near. Stay tuned as the gurus chime in on this surprising news. The latest guru posts will continue below...
6-29-2019 Intel/Newshound Guru tman23 ...I posted month or so ago about replacing the CBI governor...that doesn't come until September 28th so ignore all the other chatter... I told you this was happening month ago and now you are seeing it in print...
6-29-2019 Newshound Guru MilitiaMan ...The amount of data that supports this going sooner than later is imo as blatant as it gets. Take the UN for instance. They came to Iraq for a meeting that is the first of it's kind and affirms support for her sovereignty...With that sovereignty comes her currency. I have a hard time believing they showed up for a historic event to tell the world Iraq is international now at a program rate still...I am sure they are not celebrating today and tomorrow about lifting the last barrier to be a piece of concrete. Symbolic as it may be, but, lifting the barriers on the sovereignty of Iraq and her currency is far more likely and far more symbolic globally...
6-29-2019 Newshound Guru larrykn ...Iraq has never said they were going to do the RV next year, they never said anything about the RV. Its just what needs to take place for them to do it is the question, which IMO could happen anytime they feel they are ready. They seem to have been moving forward a lot lately so time will tell...I don't care where they start at or how, just do it...seem to me they have got a lot done that I thought they need to get done but I still feel some Laws need passing, which hasn't happen yet...
6-29-2019 Intel/Newshound Guru tman23 ...couple days to July 1 G20 in Japan where the issd board meets and sets precedence ...Sept 28 2011 is when Abadi as the chairman of finance committee made an announcement that the 3 zeros were set to be lifted at the start of the new year. he made another around October 8 which spoke on providing the new lower notes were available..... Soon after CBI governor Shabbibi was in Japan at the issd meeting (this was noted a attending a convention)..... IMO from research and info this is where the MAGIC happens... Maliki placed the warrant for Shabibi while he was in Japan never to return to Iraq again... So what is happening now is very interesting !!!
6-29-2019 Newshound Guru G-Lin ...The IMF Art. IV report is due out in July. It should give some good info.
6-29-2019 Intel Guru Footforward People keep asking when the dinar will revalue. I keep hearing over and over it's time. Be hopeful. Now is not a time to be cynical.
6-29-2019 Newshound/Intel Guru Mnt Goat So parliament is now into their 2nd legislative term. Didn’t they tell us they wanted to complete the project to delete the zeros during the current or 1st legislative term? Here we sit with still no reinstatement. But remember this is not a simple process of flipping a switch and so it may still very well be in the making soon. Just relax and let’s see what happens in the coming week.
6-29-2019 Intel Guru MarkZ [via PDK] There have been many RV’s over the years starting with Germany and Japan after world war 2. They have happened many times throughout the years...many of you remember Kuwait. Its just we never had the internet before and its never been this widespread. Remember Warren buffet invested 17 million in the Iraqi dinar years ago...and he said that he felt the Dinar was a good long term investment...so this is real...
6-29-2019 Newshound Guru MilitiaMan ...The amount of data that supports this going sooner than later is imo as blatant as it gets. Take the UN for instance. They came to Iraq for a meeting that is the first of it's kind and affirms support for her sovereignty...With that sovereignty comes her currency. I have a hard time believing they showed up for a historic event to tell the world Iraq is international now at a program rate still...I am sure they are not celebrating today and tomorrow about lifting the last barrier to be a piece of concrete. Symbolic as it may be, but, lifting the barriers on the sovereignty of Iraq and her currency is far more likely and far more symbolic globally...
6-29-2019 Newshound Guru larrykn ...Iraq has never said they were going to do the RV next year, they never said anything about the RV. Its just what needs to take place for them to do it is the question, which IMO could happen anytime they feel they are ready. They seem to have been moving forward a lot lately so time will tell...I don't care where they start at or how, just do it...seem to me they have got a lot done that I thought they need to get done but I still feel some Laws need passing, which hasn't happen yet...
6-29-2019 Intel/Newshound Guru tman23 ...couple days to July 1 G20 in Japan where the issd board meets and sets precedence ...Sept 28 2011 is when Abadi as the chairman of finance committee made an announcement that the 3 zeros were set to be lifted at the start of the new year. he made another around October 8 which spoke on providing the new lower notes were available..... Soon after CBI governor Shabbibi was in Japan at the issd meeting (this was noted a attending a convention)..... IMO from research and info this is where the MAGIC happens... Maliki placed the warrant for Shabibi while he was in Japan never to return to Iraq again... So what is happening now is very interesting !!!
6-29-2019 Newshound Guru G-Lin ...The IMF Art. IV report is due out in July. It should give some good info.
6-29-2019 Intel Guru Footforward People keep asking when the dinar will revalue. I keep hearing over and over it's time. Be hopeful. Now is not a time to be cynical.
6-29-2019 Newshound/Intel Guru Mnt Goat So parliament is now into their 2nd legislative term. Didn’t they tell us they wanted to complete the project to delete the zeros during the current or 1st legislative term? Here we sit with still no reinstatement. But remember this is not a simple process of flipping a switch and so it may still very well be in the making soon. Just relax and let’s see what happens in the coming week.
6-29-2019 Intel Guru MarkZ [via PDK] There have been many RV’s over the years starting with Germany and Japan after world war 2. They have happened many times throughout the years...many of you remember Kuwait. Its just we never had the internet before and its never been this widespread. Remember Warren buffet invested 17 million in the Iraqi dinar years ago...and he said that he felt the Dinar was a good long term investment...so this is real...
6-28-2019 Intel Guru RayRen98 Thursday Morning Update: Ali Allawi is announced as the new Governor of the CBI. The Minster of Education was rejected...new names are to be submitted. Thursday Afternoon Update: Parliament has received a candidate name for the Minister of Education position, it is anticipated to pass on Saturday. Parliament alleges that naming the new CBI governor will be delayed 3 months. A person attending a private exchange meeting for a "determined date" learned of the following screen rates....Dinar $3.65; Dong $1.25...Some bank employees are being informed to plan to "work" on Saturday (when they usually don't). Some banks are expecting a large influx of "banking services" activity in the coming days.
6-28-2019 Newshound Guru larrykn Iraq has never said they were going to do the RV next year, they never said anything about the RV. Its just what needs to take place for them to do it is the question, which IMO could happen anytime they feel they are ready. They seem to have been moving forward a lot lately so time will tell...
6-28-2019 Intel Guru MarkZ [via PDK] Some contacts are saying nothing happening now until Sunday. If it doesn’t happen by about noon today I think they may be right. We hear there is a lot of ultimatums given for it to happen now... Bottom line right now folks we are at the perfect storm at the perfect place. We are at the point now where they have to do one of two things. They have to implode and we get the reset or they have to pull the trigger to reset before it implodes...My treasury contact seems to think it’s going to be on Sunday. This reset is soup…it’s on the stove ready to serve. We still hear Trump wants it done by the 4th...or so...
6-28-2019 Intel Guru Bruce [via PinkRoses] ...Now we know that when President Trump left...for Osaka, Japan, we know he was in a pretty good mood I understand regarding where everything was on our blessing. ...I believe ...it is possible this blessing is even intergated somehow into the Chinese Trade Agreement. ...I am not quite sure how it would manifest in there. I think that is really possible. I have been told that the toll-free numbers should be a daytime event as well as exchanges starting as a daytime event...I think it is very possible we get called...meaning me with numbers. I think we can set our appointments and start tomorrow [Friday]...I believe tomorrow [Friday] is a deadline, a backwall, of some sort. So, rates are off the screens front and back. They will come back up in the morning [Friday], and I believe that everything will be good to go. I am excited about that.
6-28-2019 Intel Guru Eagleone2025 IT IS LOOKING VERY GOOD...I CAN SAY A LOT OF GOOD THINGS ARE HAPPENING...
6-28-2019 Newshound Guru Breitling ...When I first got into this investment from the reports I got...I thought it was going to revalue at 12 cents. That was the highest it was going to go. This was in the very very early stages. So that's how I bought my dinar based on that. Then later on down the road they started saying hey, "we want it to come in at $1.18. Eventually we want it at $3.25." Understanding in my mind that it's going to be a process that it's not gonna be boom its gonna revalue. They specifically said it's going to be a process. I believed in it and I still do believe in it...
6-28-2019 Newshound Guru larrykn Iraq has never said they were going to do the RV next year, they never said anything about the RV. Its just what needs to take place for them to do it is the question, which IMO could happen anytime they feel they are ready. They seem to have been moving forward a lot lately so time will tell...
6-28-2019 Intel Guru MarkZ [via PDK] Some contacts are saying nothing happening now until Sunday. If it doesn’t happen by about noon today I think they may be right. We hear there is a lot of ultimatums given for it to happen now... Bottom line right now folks we are at the perfect storm at the perfect place. We are at the point now where they have to do one of two things. They have to implode and we get the reset or they have to pull the trigger to reset before it implodes...My treasury contact seems to think it’s going to be on Sunday. This reset is soup…it’s on the stove ready to serve. We still hear Trump wants it done by the 4th...or so...
6-28-2019 Intel Guru Bruce [via PinkRoses] ...Now we know that when President Trump left...for Osaka, Japan, we know he was in a pretty good mood I understand regarding where everything was on our blessing. ...I believe ...it is possible this blessing is even intergated somehow into the Chinese Trade Agreement. ...I am not quite sure how it would manifest in there. I think that is really possible. I have been told that the toll-free numbers should be a daytime event as well as exchanges starting as a daytime event...I think it is very possible we get called...meaning me with numbers. I think we can set our appointments and start tomorrow [Friday]...I believe tomorrow [Friday] is a deadline, a backwall, of some sort. So, rates are off the screens front and back. They will come back up in the morning [Friday], and I believe that everything will be good to go. I am excited about that.
6-28-2019 Intel Guru Eagleone2025 IT IS LOOKING VERY GOOD...I CAN SAY A LOT OF GOOD THINGS ARE HAPPENING...
6-28-2019 Newshound Guru Breitling ...When I first got into this investment from the reports I got...I thought it was going to revalue at 12 cents. That was the highest it was going to go. This was in the very very early stages. So that's how I bought my dinar based on that. Then later on down the road they started saying hey, "we want it to come in at $1.18. Eventually we want it at $3.25." Understanding in my mind that it's going to be a process that it's not gonna be boom its gonna revalue. They specifically said it's going to be a process. I believed in it and I still do believe in it...
6-27-2019 Intel Guru MarkZ We are in 2 windows right now...From tonight until midday tomorrow...if it doesn’t go by then –the second window starts on Sunday...Iraq does not have a new rate as of 2 hours ago. ...we are in the perfect storm right now...this is minute to minute and we are in it to win it.
6-27-2019 Intel Guru Frank26 Article: "Vietnam : Positive economic climate attracts businesses" ...WHAT TRUMP DID WITH CHINA AND IRAQ (MONSTER OIL DEAL)...OPENED...THE DOOR TO VIETNAM'S DONG BIG TIME... BRILLIANT!
6-27-2019 Newshound/Intel Guru Mnt Goat I was also told that this week the Mahdi government could try to replace Ali Mohsen Al-Allaq as the director of the CBI since his position is still seen as a proxy one going back to former PM Nori al-Maliki days. This also stems from the currency auction corruption and the failure to complete the currency reform project. We will wait and see what happens on these other proxy positions. They need to make his position permanent and announce it if he is going to stay.
6-27-2019 Intel Guru Delta Article: "...While the second document that he was nominated Ali Abdul Amir Allawi for the post of Governor of the Central Bank..." THERE IT'S IN PRINT ..NEW CBI GOV NAME TO BE APPROVED BY PARLIAMENT.
6-27-2019 Intel Guru MarkZ [via PDK] ...We are hearing things went live at 4:30 AM in Asia and expecting it to be moving our direction. In Zurich - they have not gone in yet but have big expectations. My contact in Reno was up early…6am...He is waiting in a conference room right now to “go”... Big expectations today is the day...they cant afford not to be on “alert”... Historically Thursdays are a very good day for Revaluations. In Iraq- as of 9 am this morning Iraq did not have a new rate. At least the people on the street don’t have it... Last rumored street rates we are hearing was $3.62 in Iraq…We are at the edge…it’s painful how close we are...I plan to have some kind of update tonight…we are that close...
6-27-2019 Newshound/Intel Guru Mnt Goat Once these three minister positions were filled, I contacted my CBI source. I was told that there are some very important people now in Baghdad or coming this week and there is going to be a largely attended financial meeting with the CBI. Those attending include the former financial minster, US and UK Treasury Sec, Dr. Shabibi, IMF rep and a World Bank Rep. What do you think they will be discussing? ...I was told they do plan to move ahead with the “project to delete the zeros” this year and sooner rather than later. This is all I could get out of my source.
6-27-2019 Newshound Guru Breitling Question [Would Iraq joining the WTO have any impact on the revaluation?] ...Maybe not the date it's going to revalue but the speed on which the dinar is going to gain value absolutely 100%...huge deal for them to be part of the WTO...If Iraq can join the WTO and western companies can go to Iraq and have no fear it's going to be phenomenal...
6-27-2019 Newshound Guru G-Lin Article: "The House of Representatives votes not to give confidence to the candidate Zahida Abdullah Mohammed, Minister of Education"
6-27-2019 Intel Guru MarkZ We are getting a lot of news they jumped the gun in Brazil and Hong Kong and that there may be a street rate in Iraq of $3.62. ...My contractor at a power plant was quoted a bit higher rate last month... [How did they jump the gun? What does that mean?] they have jumped the gun with some exchanges...not all... We hope to know more by morning [Thursday]...We are on the edge of our seats...we could go tonight or we could go tomorrow [Thursday] i don’t think we will make past this week for the RV.
6-27-2019 Intel Guru Frank26 Article: "Vietnam : Positive economic climate attracts businesses" ...WHAT TRUMP DID WITH CHINA AND IRAQ (MONSTER OIL DEAL)...OPENED...THE DOOR TO VIETNAM'S DONG BIG TIME... BRILLIANT!
6-27-2019 Newshound/Intel Guru Mnt Goat I was also told that this week the Mahdi government could try to replace Ali Mohsen Al-Allaq as the director of the CBI since his position is still seen as a proxy one going back to former PM Nori al-Maliki days. This also stems from the currency auction corruption and the failure to complete the currency reform project. We will wait and see what happens on these other proxy positions. They need to make his position permanent and announce it if he is going to stay.
6-27-2019 Intel Guru Delta Article: "...While the second document that he was nominated Ali Abdul Amir Allawi for the post of Governor of the Central Bank..." THERE IT'S IN PRINT ..NEW CBI GOV NAME TO BE APPROVED BY PARLIAMENT.
6-27-2019 Intel Guru MarkZ [via PDK] ...We are hearing things went live at 4:30 AM in Asia and expecting it to be moving our direction. In Zurich - they have not gone in yet but have big expectations. My contact in Reno was up early…6am...He is waiting in a conference room right now to “go”... Big expectations today is the day...they cant afford not to be on “alert”... Historically Thursdays are a very good day for Revaluations. In Iraq- as of 9 am this morning Iraq did not have a new rate. At least the people on the street don’t have it... Last rumored street rates we are hearing was $3.62 in Iraq…We are at the edge…it’s painful how close we are...I plan to have some kind of update tonight…we are that close...
6-27-2019 Newshound/Intel Guru Mnt Goat Once these three minister positions were filled, I contacted my CBI source. I was told that there are some very important people now in Baghdad or coming this week and there is going to be a largely attended financial meeting with the CBI. Those attending include the former financial minster, US and UK Treasury Sec, Dr. Shabibi, IMF rep and a World Bank Rep. What do you think they will be discussing? ...I was told they do plan to move ahead with the “project to delete the zeros” this year and sooner rather than later. This is all I could get out of my source.
6-27-2019 Newshound Guru Breitling Question [Would Iraq joining the WTO have any impact on the revaluation?] ...Maybe not the date it's going to revalue but the speed on which the dinar is going to gain value absolutely 100%...huge deal for them to be part of the WTO...If Iraq can join the WTO and western companies can go to Iraq and have no fear it's going to be phenomenal...
6-27-2019 Newshound Guru G-Lin Article: "The House of Representatives votes not to give confidence to the candidate Zahida Abdullah Mohammed, Minister of Education"
6-27-2019 Intel Guru MarkZ We are getting a lot of news they jumped the gun in Brazil and Hong Kong and that there may be a street rate in Iraq of $3.62. ...My contractor at a power plant was quoted a bit higher rate last month... [How did they jump the gun? What does that mean?] they have jumped the gun with some exchanges...not all... We hope to know more by morning [Thursday]...We are on the edge of our seats...we could go tonight or we could go tomorrow [Thursday] i don’t think we will make past this week for the RV.
6-26-2019 Newshound Guru Adam Montana Even though Iraq isn't technically "present", it's not difficult to understand that anytime oil, money, gold or gifts leave Iraq - they are touched by one or more of those major players listed above. For Iraq to be successful in raising the value of their currency, they need to be able to operate their business, and the G20 Summit will have an effect on how the global money game is played for the next year. Once the Summit has concluded, Iraq may change their tactics slightly, but most importantly they will be free to make a decision and act accordingly. It's a big deal, and it's good. So although I don't expect an RV announcement to be made at the Summit, or directly because of the Summit, I do think it's reasonable to expect some actions after the summit. [post 2 of 2]
6-26-2019 Newshound Guru Adam Montana ...This time of year has historically been big for Iraq. Monumental items like Chapter 7 unfolded in late June, and there's another important event right around the corner: The G20 Summit. Quote: "The Group of Twenty (G20) is a global forum comprised of twenty of the world’s largest economies, focused on addressing global economic challenges. Its membership includes nineteen countries—Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom and the United States—and the European Union." You probably noticed that Iraq is not on the list. In that case, it might not be immediately obvious why this even matters to us, so I'll explain a small part of it... [post 1 of 2....stay tuned]
6-26-2019 Intel Guru Eagleone2025 [via PDK] ...CALLED MY HSBC CONTACT...HE SAID THEY WANTED TO GET THIS DONE IN THE NEXT FEW DAYS...G-20 SHOULD UNFOLD A LOT... ALL THINGS ARE MOVING ALONG GOOD… MEETINGS THIS WEEK HAS GONE WELL… ALOT OF GOOD INTEL OUT THERE… ALL WE CAN HOPE FOR THAT THE TOP FOLLOWS THROUGH SO WE CAN GET THIS RV DONE…MILITARY CONTACTS AND WH HAVE SAID THAT MOVEMENT ON THIS WHOLE THING IS REALLY GOING TO MOVE VERY FAST VERY SOON…REMEMBER THIS IS A DAY BY DAY PROCESS…. MY CONTACTS OUR [ARE ?] SAYING THIS IS MOVING ALONG VERY GOOD.
6-26-2019 Newshound Guru Breitling ...Iran and currency and Iraq being a backdoor advantage...is specifically because of the U.S. dollar. So if Iran is cut off from the US dollar market wise they could probably funnel some US dollars or use U.S. dollars through Iraq. But that is being shut off. Iraq can see the light and they're pivoting. This is crystal clear what is happening. They might even support Iran and have empathy toward Iran but they know who's going to win at this. They know the result and they don't want any part of the losing team at all. So it's kind of a hard pivot...It's kind of amazing. You can see it in the news. You can see what they are doing through the GCC. Through all the stuff that's coming down the road...
6-26-2019 Intel Guru MarkZ [via PDK] ...A whole lot going on internationally ...The rumors today are if the US doesn’t get it released today…China will do it through Bank of China, HSBC and Wells Fargo...the source is really solid. ...So the US needs to really get to it today...we are at Extreme high alert. ...On the US side of it...hearing it wasn’t released last night because of a security issue at the border and changes in personnel... I do hear the 28th is the back wall...In Iraq- they are totally ready and the IMF is ready for them to go now…I was originally going to get 800 numbers from WF. Now I am not sure how things will work. I hope I still get them...
6-26-2019 Intel Guru Bruce [via PinkRoses] ...did anything happen on Monday that we know about? No...as far as action taking place to our way of thinking to an exchange prospective, we didn’t see it. ...We are still looking very good moving forward... I am excited. ...Now, as far as what is happening on the screens, we know that...Monday night, the RTGS, Real Time Gross Settlement, the Iraqi Dinar was put on that, the RTGS, and an hour later at 10:30pm EST last night [Monday] it was to go live. The Dinar is live. ...I really thought we would be there today [Tuesday]. The fact we are not though is pointing towards something going to happen very soon...
6-26-2019 Intel Guru MarkZ [via PDK] I don’t expect the Fair Tax act announcement just yet…Most of us believe this will not be a taxable event…but with the laws we have in effect right now it could be…so be sure to ask at your exchange apt…just to be absolutely certain. [Note: Guest Guru BobTheTaxMan and other gurus feel this will be considered Ordinary Income and taxed as such...check with you tax professional at the appropriate time.]
6-26-2019 Newshound Guru Adam Montana ...This time of year has historically been big for Iraq. Monumental items like Chapter 7 unfolded in late June, and there's another important event right around the corner: The G20 Summit. Quote: "The Group of Twenty (G20) is a global forum comprised of twenty of the world’s largest economies, focused on addressing global economic challenges. Its membership includes nineteen countries—Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom and the United States—and the European Union." You probably noticed that Iraq is not on the list. In that case, it might not be immediately obvious why this even matters to us, so I'll explain a small part of it... [post 1 of 2....stay tuned]
6-26-2019 Intel Guru Eagleone2025 [via PDK] ...CALLED MY HSBC CONTACT...HE SAID THEY WANTED TO GET THIS DONE IN THE NEXT FEW DAYS...G-20 SHOULD UNFOLD A LOT... ALL THINGS ARE MOVING ALONG GOOD… MEETINGS THIS WEEK HAS GONE WELL… ALOT OF GOOD INTEL OUT THERE… ALL WE CAN HOPE FOR THAT THE TOP FOLLOWS THROUGH SO WE CAN GET THIS RV DONE…MILITARY CONTACTS AND WH HAVE SAID THAT MOVEMENT ON THIS WHOLE THING IS REALLY GOING TO MOVE VERY FAST VERY SOON…REMEMBER THIS IS A DAY BY DAY PROCESS…. MY CONTACTS OUR [ARE ?] SAYING THIS IS MOVING ALONG VERY GOOD.
6-26-2019 Newshound Guru Breitling ...Iran and currency and Iraq being a backdoor advantage...is specifically because of the U.S. dollar. So if Iran is cut off from the US dollar market wise they could probably funnel some US dollars or use U.S. dollars through Iraq. But that is being shut off. Iraq can see the light and they're pivoting. This is crystal clear what is happening. They might even support Iran and have empathy toward Iran but they know who's going to win at this. They know the result and they don't want any part of the losing team at all. So it's kind of a hard pivot...It's kind of amazing. You can see it in the news. You can see what they are doing through the GCC. Through all the stuff that's coming down the road...
6-26-2019 Intel Guru MarkZ [via PDK] ...A whole lot going on internationally ...The rumors today are if the US doesn’t get it released today…China will do it through Bank of China, HSBC and Wells Fargo...the source is really solid. ...So the US needs to really get to it today...we are at Extreme high alert. ...On the US side of it...hearing it wasn’t released last night because of a security issue at the border and changes in personnel... I do hear the 28th is the back wall...In Iraq- they are totally ready and the IMF is ready for them to go now…I was originally going to get 800 numbers from WF. Now I am not sure how things will work. I hope I still get them...
6-26-2019 Intel Guru Bruce [via PinkRoses] ...did anything happen on Monday that we know about? No...as far as action taking place to our way of thinking to an exchange prospective, we didn’t see it. ...We are still looking very good moving forward... I am excited. ...Now, as far as what is happening on the screens, we know that...Monday night, the RTGS, Real Time Gross Settlement, the Iraqi Dinar was put on that, the RTGS, and an hour later at 10:30pm EST last night [Monday] it was to go live. The Dinar is live. ...I really thought we would be there today [Tuesday]. The fact we are not though is pointing towards something going to happen very soon...
6-26-2019 Intel Guru MarkZ [via PDK] I don’t expect the Fair Tax act announcement just yet…Most of us believe this will not be a taxable event…but with the laws we have in effect right now it could be…so be sure to ask at your exchange apt…just to be absolutely certain. [Note: Guest Guru BobTheTaxMan and other gurus feel this will be considered Ordinary Income and taxed as such...check with you tax professional at the appropriate time.]
6-25-2019 **** Dinar Guru News Update **** Iraq's parliament approved the Defense, Interior and Justice ministers earlier today. This is a major milestone but the government remains incomplete as they rejected the nomination of the Education Minister left vacant by a resignation. Its reported the remaining minister will be voted on in the "coming days". Stay tuned as the guru's chime in on what impact seating these major positions could have on the dinar and the implications of the one remaining seat... The latest guru posts will continue below...
6-25-2019 Newshound Guru Breitling [Question: "Would the revaluation be held up knowing that Iran has Iraqi dinar with sanctions against Iran the US might influence or convince Iraq to hold up until the Iranians come to terms. Why allow dinars to be worth more? Iran would just continue to fund its war machine?] ...Iran has a foreign currency reserve just like every other country. In other words they have US dollars in that reserve. They have Russian rubles...all sorts of currencies...no body knows the combination. How does that money get transferred? That's the key you need to understand on what it is that if Iran has dinar why it doesn't matter...One of the part of the sanctions was we are going to stop Iran from using the Swift accounts...it's an electronic blockade...so they can't use any of their currencies...so if they have dinar and there is value added, they can't use it to trade efficiently...don't worry about the Iraqi dinar in Iran's hands and it revalues...It's not going to change anything. It's not going to give them an advantage...
6-25-2019 Intel Guru MarkZ [Are people working at redemption centers today?] The folks I know reported to work today at 8AM...they really expect to be seeing us all at anytime.
6-25-2019 Newshound Guru larrykn ...the cbi and the government are to different entity but they do work with each other, my thinking of them moving forward was that until today they had not seated their government and unless they did so I can't see them moving to doing anything with their currency, now that they have I like to see the laws needed getting done, like the Investment laws and others. I hope to see that done soon. It finally looks like they are going in the right direction. [Note: Possible to do list is listed in the Resource Bar on the left of this page...]
6-25-2019 Intel Guru MarkZ [via PDK] I’m still pretty giddy...We are hearing Value day (meaning the day they change our values) may be any time after markets close today through sometime tomorrow…We still hear there is a mad-dash rush to get this rolled out before the 28th...maybe even the 26th...[So they kicked the can again huh…] This reset is a monster…it is huge...things happen...they have to fix unforeseen problems as they appear… If you are watching the economic indicators worldwide you can see we are right on top of this.
6-25-2019 Newshound Guru MilitiaMan ...the G-20 on the 28th - 29th...Many of the largest holders of Dinar will be at that meeting. USA, Britain, Canada, Australia, etc.. Be kinda silly for them to show up with no rate in hand to discuss the future of the world. When after they leave the world changes from a reinstatement of their holdings? It would be a waste of time, as the world will change once this goes live... Is suspect a load of high fives will be more likely the case... This thinking of ours has been brought to me by some very special people! It is very good thinking that supports and RI, sooner than later. So, the word I got since was that Tues - Weds may be still a plan of intention, as they only delayed the timing from last window. I am going to ask to get more clarification if possible... I am stoked be sure...
6-25-2019 Intel/Newshound Guru sandyf ...the CBI and the Government are completely different entities from one another. The CBI is the one who is responsible for the currency and can change the rate not the Iraqi Government. A central bank is only responsible for the currency, a government is responsible for the monetary unit, of course you would need to understand the difference.
6-25-2019 Intel Guru MarkZ [via PDK] [What is value day?...] Value day is just the day the new rates have value. [Will all our currency exchange at the same rate?] I hear the first 10 million of dinar is a certain higher rate and that it scales down after that.
6-25-2019 Intel Guru MarkZ [Are people working at redemption centers today?] The folks I know reported to work today at 8AM...they really expect to be seeing us all at anytime.
6-25-2019 Newshound Guru larrykn ...the cbi and the government are to different entity but they do work with each other, my thinking of them moving forward was that until today they had not seated their government and unless they did so I can't see them moving to doing anything with their currency, now that they have I like to see the laws needed getting done, like the Investment laws and others. I hope to see that done soon. It finally looks like they are going in the right direction. [Note: Possible to do list is listed in the Resource Bar on the left of this page...]
6-25-2019 Intel Guru MarkZ [via PDK] I’m still pretty giddy...We are hearing Value day (meaning the day they change our values) may be any time after markets close today through sometime tomorrow…We still hear there is a mad-dash rush to get this rolled out before the 28th...maybe even the 26th...[So they kicked the can again huh…] This reset is a monster…it is huge...things happen...they have to fix unforeseen problems as they appear… If you are watching the economic indicators worldwide you can see we are right on top of this.
6-25-2019 Newshound Guru MilitiaMan ...the G-20 on the 28th - 29th...Many of the largest holders of Dinar will be at that meeting. USA, Britain, Canada, Australia, etc.. Be kinda silly for them to show up with no rate in hand to discuss the future of the world. When after they leave the world changes from a reinstatement of their holdings? It would be a waste of time, as the world will change once this goes live... Is suspect a load of high fives will be more likely the case... This thinking of ours has been brought to me by some very special people! It is very good thinking that supports and RI, sooner than later. So, the word I got since was that Tues - Weds may be still a plan of intention, as they only delayed the timing from last window. I am going to ask to get more clarification if possible... I am stoked be sure...
6-25-2019 Intel/Newshound Guru sandyf ...the CBI and the Government are completely different entities from one another. The CBI is the one who is responsible for the currency and can change the rate not the Iraqi Government. A central bank is only responsible for the currency, a government is responsible for the monetary unit, of course you would need to understand the difference.
6-25-2019 Intel Guru MarkZ [via PDK] [What is value day?...] Value day is just the day the new rates have value. [Will all our currency exchange at the same rate?] I hear the first 10 million of dinar is a certain higher rate and that it scales down after that.
6-24-2019 Intel Guru MarkZ The news has been very good this afternoon...I am sitting on the edge of my seat right now. I am waiting for an update out of Iraq…we are hearing they did go live today but unable to verify it yet. Hoping this is verified by tomorrow or even late this evening. I am cautiously, extremely optimistic...A heightened level of alert right now. I am hearing from government sources...that it needs to be done by the 28th…so anytime in the next 4 days is fair game...from DC and the treasury guys…we may see what we want by mid day tomorrow at the latest… We really are at a high alert for any minute. We are minute to minute and we are in it to win it. [What part of you thinks this will not happen?] ZERO...no part of me thinks this will not happen...Its not an “if” it’s a “when”. ...I think this could be our night. Im pretty excited and the news has been solid.
6-24-2019 Newshound Guru Whitelions ...this is a revalue plain and simple ONLY banks that deal in International currency AT the banks can exchange or airports exchangers and they are regulated by the same laws the banks are...
6-24-2019 Intel Guru MarkZ In Iraq I hear all the ministers are ready to be sat...for security and protection of those minister I am told they will be sat minutes before the RV. [So are we still hoping to be done by the end of JUNE?] I am absolutely thinking we will be done in June.
6-24-2019 Newshound Guru David M. Witty Iraqi Parliament votes for Defense & Interior Ministers' nominations. Iraqi Parliament disapproves nominee for Education Minister. Iraqi Defense, Interior & Justice Ministers take constitutional oaths.
6-24-2019 Newshound Guru G-Lin Article: "The House of Representatives votes on the ministers of defense, interior and justice and ends reading two laws" Quote: "...Mr. Najah al-Shammari, Yasin al-Yasiri and Farouk Shwani were sworn in as ministers of defense, interior and justice." ["The Defense and Interior Ministers are passed and they took the oath already!! HUGE HUGE HUGE!! They didn’t approve the education minister yet but they are still meeting again tomorrow so finally the two most important ministers are approved! Should be an interesting week ahead of us!"] I agree...We have waited several years to see this.
6-24-2019 Intel Guru MarkZ [...is there anyway you could explain WHO works in all the redemption centers? Obviously they must be bankers...etc...How they were hired and found, are they under NDA's etc...] they are basically Bankers and Tellers and they are put under serious NDA –They are in the know...they have SKR's for their currency but are not allowed access to their funds until they finish processing us..if they fib, talk or chat – they lose all their currency and the opportunity to exchange. ...They have one of the toughest NDA’s out there.
6-24-2019 Newshound Guru Whitelions ...this is a revalue plain and simple ONLY banks that deal in International currency AT the banks can exchange or airports exchangers and they are regulated by the same laws the banks are...
6-24-2019 Intel Guru MarkZ In Iraq I hear all the ministers are ready to be sat...for security and protection of those minister I am told they will be sat minutes before the RV. [So are we still hoping to be done by the end of JUNE?] I am absolutely thinking we will be done in June.
6-24-2019 Newshound Guru David M. Witty Iraqi Parliament votes for Defense & Interior Ministers' nominations. Iraqi Parliament disapproves nominee for Education Minister. Iraqi Defense, Interior & Justice Ministers take constitutional oaths.
6-24-2019 Newshound Guru G-Lin Article: "The House of Representatives votes on the ministers of defense, interior and justice and ends reading two laws" Quote: "...Mr. Najah al-Shammari, Yasin al-Yasiri and Farouk Shwani were sworn in as ministers of defense, interior and justice." ["The Defense and Interior Ministers are passed and they took the oath already!! HUGE HUGE HUGE!! They didn’t approve the education minister yet but they are still meeting again tomorrow so finally the two most important ministers are approved! Should be an interesting week ahead of us!"] I agree...We have waited several years to see this.
6-24-2019 Intel Guru MarkZ [...is there anyway you could explain WHO works in all the redemption centers? Obviously they must be bankers...etc...How they were hired and found, are they under NDA's etc...] they are basically Bankers and Tellers and they are put under serious NDA –They are in the know...they have SKR's for their currency but are not allowed access to their funds until they finish processing us..if they fib, talk or chat – they lose all their currency and the opportunity to exchange. ...They have one of the toughest NDA’s out there.
6-23-2019 Newshound Guru MilitiaMan Alak is clearly talking imo about currency carry trade. He needed to do the calculations to get to a rate that will be stable and steady with a strong interest rate, thus, traders can carry the currency trade...Now lets watch the Proxies go by the way side to usher in the fully seated Ministers and the new Fully seated currency rate Alak has for us at the same time or just after the Ministers sit. The GOI institutes the CBI, yet the CBI is independent. So once Ministers are seated then Alak can talk!!..imo. Sure looks exciting imo... [post 2 of 2]
6-23-2019 Newshound Guru MilitiaMan Article: "Interbank Market The Central Bank launched the electronic platform for trading between banks operating in Iraq (FX, Money Market)" Quote: "A platform that establishes an organized electronic financial market that opens and facilitates the way for foreign investment in Iraq." They signed the Deal with the Indian Firm now the CBI says this... Keep in mind that FX, Money Markets are the largest markets in the world! The CBI has set the stage to go live from the picture I am seeing in all this data they are putting out. [post 1 of 2....stay tuned]
6-23-2019 Intel Guru MarkZ ...Things are still very positive and seem to be on track...
6-23-2019 Newshound Guru Adam Montana [I came to the conclusion that the tax code is just not clear about this RV situation. ...That's why some CPAs believe it will be Cap Gains, and others are just as sure it's Ordinary Income.] I do still agree with that, and there's only one way that's going to change - if/when the IRS gets around to clarifying it, as it relates specifically to the Dinar/this situation. Unfortunately, they can clarify it pretty quickly... certainly in the same tax year as the RV is announced, and I'm betting it won't be in our favor. If at all possible, I would love to claim Cap gains. The unfortunate reality is that we may not have that option, especially after the rules are changed retroactively on us. I am hoping for the best but prepared and protected against the worst in regards to taxation. [Note: Be sure to check with your tax professional at the appropriate time.]
6-23-2019 Intel Guru RayRen98 The Ministers of Defense Interior have been announced this morning. PM Mahdi is stating on Iraqi TV that "Parliament will confirm the remaining cabinet positions." This will complete his administration selections. [Maybe now the CBI can take care of business since the government was finalized?]
6-23-2019 Intel Guru Delta Article quote: "...Prime Minister Adel Abdul Mahdi confirmed to him will send the names of candidates to parliament this week." ...THE DELAY WAS FROM THE GOV NOT PARLIAMENT… MAHDI IS DOING LAST AUDIT ON CANDIDATES ...IT WILL GET DONE THIS WEEK...BUT AFTER CBI MOVE LAST WEEK...WE DON'T HAVE TO WORRY ANYMORE...CBI IS MOVING FORWARD...NO MATTER WHAT HAPPEN...ONE WAY STREET...NO WAY BACK...
6-23-2019 Newshound Guru MilitiaMan Article: "Central Bank Governor: We are proud of Samir Al Nusairi's book and thank the Association of Banks for its support" Effectively it looks as though Alak has set the stage to create, if not already implemented the time frame to use the mechanism to turn the auctions off as we know them, as they are ready to correct the large structural imbalances to a position of balance...the tools are in place to raise the balance of the Central Bank (read Exchange Rate, imo) !!
6-23-2019 Newshound Guru MilitiaMan Article: "Interbank Market The Central Bank launched the electronic platform for trading between banks operating in Iraq (FX, Money Market)" Quote: "A platform that establishes an organized electronic financial market that opens and facilitates the way for foreign investment in Iraq." They signed the Deal with the Indian Firm now the CBI says this... Keep in mind that FX, Money Markets are the largest markets in the world! The CBI has set the stage to go live from the picture I am seeing in all this data they are putting out. [post 1 of 2....stay tuned]
6-23-2019 Intel Guru MarkZ ...Things are still very positive and seem to be on track...
6-23-2019 Newshound Guru Adam Montana [I came to the conclusion that the tax code is just not clear about this RV situation. ...That's why some CPAs believe it will be Cap Gains, and others are just as sure it's Ordinary Income.] I do still agree with that, and there's only one way that's going to change - if/when the IRS gets around to clarifying it, as it relates specifically to the Dinar/this situation. Unfortunately, they can clarify it pretty quickly... certainly in the same tax year as the RV is announced, and I'm betting it won't be in our favor. If at all possible, I would love to claim Cap gains. The unfortunate reality is that we may not have that option, especially after the rules are changed retroactively on us. I am hoping for the best but prepared and protected against the worst in regards to taxation. [Note: Be sure to check with your tax professional at the appropriate time.]
6-23-2019 Intel Guru RayRen98 The Ministers of Defense Interior have been announced this morning. PM Mahdi is stating on Iraqi TV that "Parliament will confirm the remaining cabinet positions." This will complete his administration selections. [Maybe now the CBI can take care of business since the government was finalized?]
6-23-2019 Intel Guru Delta Article quote: "...Prime Minister Adel Abdul Mahdi confirmed to him will send the names of candidates to parliament this week." ...THE DELAY WAS FROM THE GOV NOT PARLIAMENT… MAHDI IS DOING LAST AUDIT ON CANDIDATES ...IT WILL GET DONE THIS WEEK...BUT AFTER CBI MOVE LAST WEEK...WE DON'T HAVE TO WORRY ANYMORE...CBI IS MOVING FORWARD...NO MATTER WHAT HAPPEN...ONE WAY STREET...NO WAY BACK...
6-23-2019 Newshound Guru MilitiaMan Article: "Central Bank Governor: We are proud of Samir Al Nusairi's book and thank the Association of Banks for its support" Effectively it looks as though Alak has set the stage to create, if not already implemented the time frame to use the mechanism to turn the auctions off as we know them, as they are ready to correct the large structural imbalances to a position of balance...the tools are in place to raise the balance of the Central Bank (read Exchange Rate, imo) !!
6-22-2019 Intel Guru MarkZ Everything looks good this weekend so far...
6-22-2019 Newshound/Intel Guru Mnt Goat Article quote: "...ENTER INTO LEGAL PROBLEMS BECAUSE OF THE BUDGET LAW WHICH THE GOVERNMENT COMMITTED TO COMPLETE AT THE END OF THE 30TH OF THIS MONTH...] More delays have rippling effects downstream. Delays in getting the govt formed out of proxy is now going to delay the budget.
6-22-2019 Newshound Guru MilitiaMan Article: "The Iraqi Trade Bank signs an agreement with the Indian Information Solutions Company" So they...tell us the Iraq Trade Bank has cut a deal with an Indian Solutions Compnay to provide financial Technology Services to meet requirements of the Bank and other financial institutions in an out of Iraq. In other words internationally. ...the sectors they mention...Oil, Steel, Iron, petrochemicals, fertilizers and dairy operations. All about supporting the future reconstruction efforts once they lift the value like they told us they would. imo.
6-22-2019 Intel Guru Eagleone2025 ...IT LOOKS LIKES THE RV IS LOOKING VERY GOOD NEXT WEEK
6-22-2019 Newshound/Intel Guru David M. Witty Iraqi MP says plans to discuss completing PM's cabinet in today's meeting of Parliament have been postponed since the government has not sent the list of nominees.
6-22-2019 Newshound Guru G-Lin No completion of the cabinet...I'm not surprised. The entire area is too unstable.
6-22-2019 Newshound Guru MilitiaMan Article quote: "The main thing that is achieved is the stability of the exchange rate and the reduction of the gap between the official price of the US dollar and the parallel price, which is a basic objective of the monetary policy and the implementation of the policies of re-confidence in the banking transactions of Iraqi banks with Arab banks" They are clearly laying out what they are doing in regards to reforms and future actions in regard to the IQD exchange rate. They are going to cease the auctions as we have noted over the last few days. They say...that they are to reduce the gap between the official price of the Dollar and the parallel price...imo.
6-22-2019 Intel Guru MarkZ [Any news out of Iraq?] My contacts there are a diplomat with the ministry and a contractor from Australia – they say that they have been sitting waiting for their notification for 3 and a half weeks - they do believe its this week...they tell me to look for Iraq cabinet being fully seated-then the new rate will announce right after that.
6-22-2019 Newshound/Intel Guru Mnt Goat Article quote: "...ENTER INTO LEGAL PROBLEMS BECAUSE OF THE BUDGET LAW WHICH THE GOVERNMENT COMMITTED TO COMPLETE AT THE END OF THE 30TH OF THIS MONTH...] More delays have rippling effects downstream. Delays in getting the govt formed out of proxy is now going to delay the budget.
6-22-2019 Newshound Guru MilitiaMan Article: "The Iraqi Trade Bank signs an agreement with the Indian Information Solutions Company" So they...tell us the Iraq Trade Bank has cut a deal with an Indian Solutions Compnay to provide financial Technology Services to meet requirements of the Bank and other financial institutions in an out of Iraq. In other words internationally. ...the sectors they mention...Oil, Steel, Iron, petrochemicals, fertilizers and dairy operations. All about supporting the future reconstruction efforts once they lift the value like they told us they would. imo.
6-22-2019 Intel Guru Eagleone2025 ...IT LOOKS LIKES THE RV IS LOOKING VERY GOOD NEXT WEEK
6-22-2019 Newshound/Intel Guru David M. Witty Iraqi MP says plans to discuss completing PM's cabinet in today's meeting of Parliament have been postponed since the government has not sent the list of nominees.
6-22-2019 Newshound Guru G-Lin No completion of the cabinet...I'm not surprised. The entire area is too unstable.
6-22-2019 Newshound Guru MilitiaMan Article quote: "The main thing that is achieved is the stability of the exchange rate and the reduction of the gap between the official price of the US dollar and the parallel price, which is a basic objective of the monetary policy and the implementation of the policies of re-confidence in the banking transactions of Iraqi banks with Arab banks" They are clearly laying out what they are doing in regards to reforms and future actions in regard to the IQD exchange rate. They are going to cease the auctions as we have noted over the last few days. They say...that they are to reduce the gap between the official price of the Dollar and the parallel price...imo.
6-22-2019 Intel Guru MarkZ [Any news out of Iraq?] My contacts there are a diplomat with the ministry and a contractor from Australia – they say that they have been sitting waiting for their notification for 3 and a half weeks - they do believe its this week...they tell me to look for Iraq cabinet being fully seated-then the new rate will announce right after that.
6-21-2019 Newshound Guru G-Lin Article: "Parliament votes Saturday to complete the cabin and terminate the agency positions" Quote: "The House of Representatives, next Saturday, its regular session. The agenda includes the completion of the vote on the cabinet and special grades and the end of the file of the state administration by proxy." This is huge if accurate.
6-21-2019 Intel Guru Delta Article: "Saturday's agenda includes cabinet vote and special ratings" IN THE AGENDA...IN PRINT...PARLIAMENT WILL VOTES SAT TO COMPLETE THE CABIN [CABINET]...IT WILL START AT 11AM IRAQI TIME... [You can see Iraqi Time at the top of the Resource Bar on the left of this page...]
6-21-2019 Intel Guru MarkZ ...this is going to be a magical 3 day weekend...All my guys say they are staging everything this weekend for a go on Monday...[What are your opinions on rates.] I am hearing 2.20-2.25 for dong...Based on what Im hearing...the street rate for dinar should around 3.92 - $3.96 with a rate in the US maybe $4 - $6 for dinar...this is my opinion. [post 2 of 2]
6-21-2019 Intel Guru MarkZ I really feel this is the last broke weekend for us all. I feel this one is it...no excuses…no delays…just hearing only positive news today. ...We feel that 800 numbers are fair game anytime this weekend. Expecting a lot of things will be happening on Sunday. I am hearing we will be at the banks after 2pm Monday... [post 1 of 2....stay tuned]
6-21-2019 Newshound/Intel Guru Mnt Goat ...So the banks now are taking these large three zero notes and buying the smaller category notes. Are they also buying the coins. Yes, I believe the CBI is now issuing also the coins but not in massive distribution as of yet. The banks are buying them and they do plan to use them very soon. ...I got to tell you Iraq is planning some HUGE change in their currency in the near future. ...I still think that new CBI target is now the end of June when the supplemental budget and the rest of the govt will be formed... [post 2 of 2]
6-21-2019 Newshound/Intel Guru Mnt Goat Article: "CBI MEETS IT’S CURRENCY GOALS FOR PROJECT TO DELETE THE ZEROS" Quote: "The Central Bank in 2011 put forward a project to delete the zeros for the structure of the currency, which the bank considered it would transfer Iraq from the country of trillions to billions..." This...is the connection and proof that the reduction of dinars down to 39 trillion is the effort of the project to delete the zeros. ...They tried many aspects to get the larger 3 zero notes off the streets. ...It was not until they introduced the electronic banking and Key cards the this finally became a reality. ...This has got to be the tenth time already they told us this in articles. [post 1 of 2....stay tuned]
6-21-2019 Intel Guru Bruce I think we have a good shot getting started on Saturday... I am trying not to call it, but I am giving you the information, pretty much, as I received it, and I feel like we are in really good position right now to get everything started from our point of view. I know our security is at the ultimate highest point it ever been. So, we are set from that point of view. Now, I think guys, we have gone as far as we can go without the toll-free numbers. I think we are going to get them very soon...and I think we are going to get started over the weekend. We will see how that goes...I am excited for us about to get started... [post 2 of 2]
6-21-2019 Intel Guru Bruce [via PinkRoses] I am very excited...we have had a couple of false starts over the last two weeks...Let’s just go to what is going on... First...there was a conference call, a large meeting with everybody you can imagine in the banking business...All the major banks AIIB, Wells Fargo, Chase, all the top banks, and some of the other government agencies...a global call...We had a couple of signatures that we were looking for today. We got one of them. The last one we think we were looking for should be attained by the end of that meeting. ...The Bank of International Settlements is being reworked. That is very positive for us...The IMF is not really involved anymore... [post 1 of 2....stay tuned]
6-21-2019 Intel Guru MarkZ [Capital gains tax? Will that be a factor on new purchases of currency?] I am still hearing from a number of sources that this exchange will not be taxed...but be sure to check with professionals.
6-21-2019 Intel Guru Delta Article: "Saturday's agenda includes cabinet vote and special ratings" IN THE AGENDA...IN PRINT...PARLIAMENT WILL VOTES SAT TO COMPLETE THE CABIN [CABINET]...IT WILL START AT 11AM IRAQI TIME... [You can see Iraqi Time at the top of the Resource Bar on the left of this page...]
6-21-2019 Intel Guru MarkZ ...this is going to be a magical 3 day weekend...All my guys say they are staging everything this weekend for a go on Monday...[What are your opinions on rates.] I am hearing 2.20-2.25 for dong...Based on what Im hearing...the street rate for dinar should around 3.92 - $3.96 with a rate in the US maybe $4 - $6 for dinar...this is my opinion. [post 2 of 2]
6-21-2019 Intel Guru MarkZ I really feel this is the last broke weekend for us all. I feel this one is it...no excuses…no delays…just hearing only positive news today. ...We feel that 800 numbers are fair game anytime this weekend. Expecting a lot of things will be happening on Sunday. I am hearing we will be at the banks after 2pm Monday... [post 1 of 2....stay tuned]
6-21-2019 Newshound/Intel Guru Mnt Goat ...So the banks now are taking these large three zero notes and buying the smaller category notes. Are they also buying the coins. Yes, I believe the CBI is now issuing also the coins but not in massive distribution as of yet. The banks are buying them and they do plan to use them very soon. ...I got to tell you Iraq is planning some HUGE change in their currency in the near future. ...I still think that new CBI target is now the end of June when the supplemental budget and the rest of the govt will be formed... [post 2 of 2]
6-21-2019 Newshound/Intel Guru Mnt Goat Article: "CBI MEETS IT’S CURRENCY GOALS FOR PROJECT TO DELETE THE ZEROS" Quote: "The Central Bank in 2011 put forward a project to delete the zeros for the structure of the currency, which the bank considered it would transfer Iraq from the country of trillions to billions..." This...is the connection and proof that the reduction of dinars down to 39 trillion is the effort of the project to delete the zeros. ...They tried many aspects to get the larger 3 zero notes off the streets. ...It was not until they introduced the electronic banking and Key cards the this finally became a reality. ...This has got to be the tenth time already they told us this in articles. [post 1 of 2....stay tuned]
6-21-2019 Intel Guru Bruce I think we have a good shot getting started on Saturday... I am trying not to call it, but I am giving you the information, pretty much, as I received it, and I feel like we are in really good position right now to get everything started from our point of view. I know our security is at the ultimate highest point it ever been. So, we are set from that point of view. Now, I think guys, we have gone as far as we can go without the toll-free numbers. I think we are going to get them very soon...and I think we are going to get started over the weekend. We will see how that goes...I am excited for us about to get started... [post 2 of 2]
6-21-2019 Intel Guru Bruce [via PinkRoses] I am very excited...we have had a couple of false starts over the last two weeks...Let’s just go to what is going on... First...there was a conference call, a large meeting with everybody you can imagine in the banking business...All the major banks AIIB, Wells Fargo, Chase, all the top banks, and some of the other government agencies...a global call...We had a couple of signatures that we were looking for today. We got one of them. The last one we think we were looking for should be attained by the end of that meeting. ...The Bank of International Settlements is being reworked. That is very positive for us...The IMF is not really involved anymore... [post 1 of 2....stay tuned]
6-21-2019 Intel Guru MarkZ [Capital gains tax? Will that be a factor on new purchases of currency?] I am still hearing from a number of sources that this exchange will not be taxed...but be sure to check with professionals.
6-20-2019 Intel Guru Eagleone2025 ...WE HOPE THE RV WILL GO DOWN BY THE END OF THIS MONTH...WE ARE GETTING CLOSE ON THIS RV...HIGH ALERT FOR RV... IT IS ALL COMING TOGETHER SO WE WAIT AND WATCH...
6-20-2019 Intel Guru MarkZ ...We are in a “heightened watch” level today...We appear to be sitting on “go”...everyone is geared up and everyone is complete. Just waiting for the treasury to tell the banks to start processing people. Many are watching for 800 numbers today...my opinion is – if we don’t get them by Friday afternoon ...dont watch for them until Sunday. [Do the banks have the rates?] I am told they have the rates...but no one will talk about it.
6-20-2019 Newshound Guru Adam Montana BUT, did something major happen? YES. That's where we seem to be right now. This is the time of year that many major milestones have been reached in Iraq. NOW is the time I'm expecting to see something major... maybe HCL, maybe something else, and very possibly a rate change. The tension is growing, and it shows in many ways...like how your animals know a storm is coming, when the weather person said "10% chance of rain", and then the neighbors barn and cows get taken away in a tornado. Fido knew. Did you listen? ...Bring on the twisters! [post 2 of 2]
6-20-2019 Newshound Guru Adam Montana If you were around the Dinar world before Chapter 7 was lifted, an event that was arguably one of the most important events related to Iraq in recent history, you'll remember that things got VERY exciting before that happened. It was not a guarantee that Chapter 7 would get lifted...in fact, it was questionable if it would actually happen, and very much a surprise to many. Even without absolute confirmation of this very important event that was about to transpire, and even though many of the news stations and media and all of the people "in the know" didn't give a warning... the dinar world had a "feeling" that something was about to happen...Did we have an RV at that time? Obviously not. And nobody cashed in...at least, not at the $3+ rate. [post 1 of 2....stay tuned]
6-20-2019 Newshound/Intel Guru Mnt Goat The new coins have not yet been allowed into circulation but we know there are to be new coins and they are stamped and waiting at the banks for use them, but not yet. We should expect yet more news about these new denominations and coins. This is all VERY good news...We should be jumping up and down and getting our champagne chilled. Again I say let’s look for the 50 and 100 dinar notes to come out along with the coins. This will be our sign they are about to reinstate the currency back to the global exchanges for public trading. [post 2 of 2]
6-20-2019 Newshound/Intel Guru Mnt Goat Article: "DANNAIR PUBLISHES THE FEATURES OF THE NEW IRAQI CURRENCY AFTER THE DELETION OF ZEROS" So the new smaller notes of 5, 10 and 25 are replacing the 3 zero notes of 5,000, 10,000 and 25,000 accordingly. This is a 1:1 RV in Iraq. I said within Iraq, did you hear me? In addition they are also issuing a 50, 100, 200 dinar notes of smaller category. Remember they already issued the 50 notes way back in 2015 in the anticipation the reinstatement was going in January of 2016. [post 1 of 2....stay tuned]
6-20-2019 Intel Guru Frank26 [...d
6-20-2019 Intel Guru MarkZ ...We are in a “heightened watch” level today...We appear to be sitting on “go”...everyone is geared up and everyone is complete. Just waiting for the treasury to tell the banks to start processing people. Many are watching for 800 numbers today...my opinion is – if we don’t get them by Friday afternoon ...dont watch for them until Sunday. [Do the banks have the rates?] I am told they have the rates...but no one will talk about it.
6-20-2019 Newshound Guru Adam Montana BUT, did something major happen? YES. That's where we seem to be right now. This is the time of year that many major milestones have been reached in Iraq. NOW is the time I'm expecting to see something major... maybe HCL, maybe something else, and very possibly a rate change. The tension is growing, and it shows in many ways...like how your animals know a storm is coming, when the weather person said "10% chance of rain", and then the neighbors barn and cows get taken away in a tornado. Fido knew. Did you listen? ...Bring on the twisters! [post 2 of 2]
6-20-2019 Newshound Guru Adam Montana If you were around the Dinar world before Chapter 7 was lifted, an event that was arguably one of the most important events related to Iraq in recent history, you'll remember that things got VERY exciting before that happened. It was not a guarantee that Chapter 7 would get lifted...in fact, it was questionable if it would actually happen, and very much a surprise to many. Even without absolute confirmation of this very important event that was about to transpire, and even though many of the news stations and media and all of the people "in the know" didn't give a warning... the dinar world had a "feeling" that something was about to happen...Did we have an RV at that time? Obviously not. And nobody cashed in...at least, not at the $3+ rate. [post 1 of 2....stay tuned]
6-20-2019 Newshound/Intel Guru Mnt Goat The new coins have not yet been allowed into circulation but we know there are to be new coins and they are stamped and waiting at the banks for use them, but not yet. We should expect yet more news about these new denominations and coins. This is all VERY good news...We should be jumping up and down and getting our champagne chilled. Again I say let’s look for the 50 and 100 dinar notes to come out along with the coins. This will be our sign they are about to reinstate the currency back to the global exchanges for public trading. [post 2 of 2]
6-20-2019 Newshound/Intel Guru Mnt Goat Article: "DANNAIR PUBLISHES THE FEATURES OF THE NEW IRAQI CURRENCY AFTER THE DELETION OF ZEROS" So the new smaller notes of 5, 10 and 25 are replacing the 3 zero notes of 5,000, 10,000 and 25,000 accordingly. This is a 1:1 RV in Iraq. I said within Iraq, did you hear me? In addition they are also issuing a 50, 100, 200 dinar notes of smaller category. Remember they already issued the 50 notes way back in 2015 in the anticipation the reinstatement was going in January of 2016. [post 1 of 2....stay tuned]
6-20-2019 Intel Guru Frank26 [...d