5-30-2023 Intel Guru RayRen98 BANKS ARE XCITED...AGENCIES ARE XCITED...IRAQIS ARE XCITED...AND PRETTY SOON "YOU" WILL BE XCITED! $$$$$$$$$$$$$$$$$$$$ BANK SOURCES ARE STATING THAT THEY ARE EXPECTING LIVE RATES FROM THIS MOMENT UNTIL "IT" HAPPENS.
5-30-2023 Intel Guru Frank26 Question: "Have they stated which notes will coexist with the new small categories?" All of them will coexist.
5-30-2023 Intel Guru MarkZ [via PDK] So I am trying to keep myself reined in with this news today...It’s exciting …hope it plays out...I am hearing that this month is still very much in the target. Meaning there is a possibility of notifications and announcements tomorrow...That is the rumor. I am stunned at the number of well connected sources that believe this is accurate today. From the number of communications I have received…tonight may be an interesting night on the boards. There is a very concerted effort to make this happen. I have a lot of excited bankers as well. Hope this is accurate…the chatter is through the roof.
5-30-2023 Newshound Guru Sandy Ingram "This is What Happens the Morning the IQD Increases in Value Against the US Dollar" [Series 1 of 5] ...The Iraqi Dinar floats to 25 cents to one IQD. It is not unreasonable to think that you could wake up one morning and this be the case! ...Your first task would be finding out where you can exchange your IQD for greenbacks. The bad news is you may have to travel to the Middle East to trade your Dinars. Or, the good news is the banks in the United States will exchange your IQD for USD. [Series 1 of 5]
5-30-2023 Newshound Guru Henig Article: "In one day Central Bank of Iraq boosts gold reserves by about 2%" Quote: "the Central Bank Mazen Sabah revealed that Iraq bought 2.5 tons of bullion on Thursday, bringing its reserves to 132.73 tons, pointing out that the strategy aims to obtain more gold in the second half of the year...Iraq resumed gold purchases in 2022 after a four-year hiatus as part of a program to diversify its foreign assets of about $100 billion".
5-30-2023 Newshound Guru Deepwoodz ...We have the advantage of looking back at the last year in particular and seeing hundreds of steps taken. All in the right direction. Don’t you agree that what they have done to date is amazing? I mean there were YEARS of nothing. Scraping for something in an article that remotely sounded promising. Now, take your pick. It’s all good news. I mean seriously, I don’t want to wait any longer either, but if it takes another year...what’s the difference? ...Try to be ready is the most important thing.
5-30-2023 Intel Guru Frank26 The proof of our monetary reforms are in the articles...Look at the numbers. Look at the accounting. Understand that everything they're telling you is impossible at a program rate. You're not easily fooled are you. You're not gullible.
5-30-2023 Intel Guru MarkZ [via PDK] A lot of people sitting and waiting on “go” and sitting at the edge of their seats. Out of Iraq I am hearing they have made progress with the rubber stamping of the budget…and the final vote is expected tomorrow on their budget...But again, there is conflicting articles from their media which is to be expected. When you look at China, Kuwait and other RV’s around the world –misinformation is to be expected...
5-30-2023 Newshound Guru Militia Man With the amount of back and forth, everyone should be seeing this...as a final turning point... They're getting ready for this '23, '24, '25 budget. It's an investment budget...not an operational one. They're going to have to, over the next 3 years, get that budget to be at a moderate price exchange rate. 1310 is not going to work for this...
5-30-2023 Newshound Guru Samson Article: ”The Central Bank of Iraq boosted its gold reserves by about 2% in one day last week...” Iraq storms the gold market with intensive purchases!
5-30-2023 Intel Guru RayRen98 [via Babysmom] BANK SOURCE CONTACTED [RAY]... THEY ARE SUPER EXCITED ABOUT THIS WEEK, LOOKING FOR LARGE CROWDS TO APPEAR...
5-30-2023 Intel Guru Frank26 You know what we're waiting for. I call it the second article from the CBI. Basically it's the announcement to the Iraqi citizens, 'Here is your new national currency. Here are your coins. Here is your new exchange rate.' All these things are going to come about IMO very strongly.
5-30-2023 Intel Guru MarkZ [via PDK] The term “redemption center” may be throwing people off. Here in the states I believe about 95% of redemption locations will be at banks that are set up for it with people trained to exchange foreign currency and equipment for verifying currency. When I say the term “redemption center” it just means a place, branch, bank, location where we will go and exchange. I expect it will be the same in the UK and the rest of the world as it is in the US.
5-30-2023 Intel Guru Frank26 Question: "Have they stated which notes will coexist with the new small categories?" All of them will coexist.
5-30-2023 Intel Guru MarkZ [via PDK] So I am trying to keep myself reined in with this news today...It’s exciting …hope it plays out...I am hearing that this month is still very much in the target. Meaning there is a possibility of notifications and announcements tomorrow...That is the rumor. I am stunned at the number of well connected sources that believe this is accurate today. From the number of communications I have received…tonight may be an interesting night on the boards. There is a very concerted effort to make this happen. I have a lot of excited bankers as well. Hope this is accurate…the chatter is through the roof.
5-30-2023 Newshound Guru Sandy Ingram "This is What Happens the Morning the IQD Increases in Value Against the US Dollar" [Series 1 of 5] ...The Iraqi Dinar floats to 25 cents to one IQD. It is not unreasonable to think that you could wake up one morning and this be the case! ...Your first task would be finding out where you can exchange your IQD for greenbacks. The bad news is you may have to travel to the Middle East to trade your Dinars. Or, the good news is the banks in the United States will exchange your IQD for USD. [Series 1 of 5]
5-30-2023 Newshound Guru Henig Article: "In one day Central Bank of Iraq boosts gold reserves by about 2%" Quote: "the Central Bank Mazen Sabah revealed that Iraq bought 2.5 tons of bullion on Thursday, bringing its reserves to 132.73 tons, pointing out that the strategy aims to obtain more gold in the second half of the year...Iraq resumed gold purchases in 2022 after a four-year hiatus as part of a program to diversify its foreign assets of about $100 billion".
5-30-2023 Newshound Guru Deepwoodz ...We have the advantage of looking back at the last year in particular and seeing hundreds of steps taken. All in the right direction. Don’t you agree that what they have done to date is amazing? I mean there were YEARS of nothing. Scraping for something in an article that remotely sounded promising. Now, take your pick. It’s all good news. I mean seriously, I don’t want to wait any longer either, but if it takes another year...what’s the difference? ...Try to be ready is the most important thing.
5-30-2023 Intel Guru Frank26 The proof of our monetary reforms are in the articles...Look at the numbers. Look at the accounting. Understand that everything they're telling you is impossible at a program rate. You're not easily fooled are you. You're not gullible.
5-30-2023 Intel Guru MarkZ [via PDK] A lot of people sitting and waiting on “go” and sitting at the edge of their seats. Out of Iraq I am hearing they have made progress with the rubber stamping of the budget…and the final vote is expected tomorrow on their budget...But again, there is conflicting articles from their media which is to be expected. When you look at China, Kuwait and other RV’s around the world –misinformation is to be expected...
5-30-2023 Newshound Guru Militia Man With the amount of back and forth, everyone should be seeing this...as a final turning point... They're getting ready for this '23, '24, '25 budget. It's an investment budget...not an operational one. They're going to have to, over the next 3 years, get that budget to be at a moderate price exchange rate. 1310 is not going to work for this...
5-30-2023 Newshound Guru Samson Article: ”The Central Bank of Iraq boosted its gold reserves by about 2% in one day last week...” Iraq storms the gold market with intensive purchases!
5-30-2023 Intel Guru RayRen98 [via Babysmom] BANK SOURCE CONTACTED [RAY]... THEY ARE SUPER EXCITED ABOUT THIS WEEK, LOOKING FOR LARGE CROWDS TO APPEAR...
5-30-2023 Intel Guru Frank26 You know what we're waiting for. I call it the second article from the CBI. Basically it's the announcement to the Iraqi citizens, 'Here is your new national currency. Here are your coins. Here is your new exchange rate.' All these things are going to come about IMO very strongly.
5-30-2023 Intel Guru MarkZ [via PDK] The term “redemption center” may be throwing people off. Here in the states I believe about 95% of redemption locations will be at banks that are set up for it with people trained to exchange foreign currency and equipment for verifying currency. When I say the term “redemption center” it just means a place, branch, bank, location where we will go and exchange. I expect it will be the same in the UK and the rest of the world as it is in the US.
5-29-2023 Newshound Guru Clare Question "Did the budget just get published? Does this make it official? Kinda goes away from rate before budget." THE 3RD VOTE TO MAKE IT OFFICIAL HAS NOT HAPPENED YET.
5-29-2023 Intel Guru Frank26 The farther we go into this the more I think these [new rate and lower denomination notes] are going to go neck and neck. I was thinking maybe we'll have the exchange rate and then we'll have the currency. Some of you feel we'll have the currency and then we'll have the new exchange rate. Well that's kind of not very good logically. I'm feeling maybe we'll have everything all at once together which would be the smartest thing...
5-29-2023 Intel Guru MarkZ [via PDK] Article: “Finance Committee suspends work until budget disputes are resolved” Just stay calm…its purposeful misinformation. They are talking about their lower denominations and much more…watch what they do. Here is another great sign “Iraq boosts gold reserves by 2 % in a single day in gradual buildup” They are separating themselves from the US dollar. It’s happening guys. Member Comment: If Nader can use his dinar based debit card anywhere in the world now…i think we have to be close. [reference Guru Nader post 5-28-2023] MarkZ answer: Obviously they've done more then they are telling us…obviously things are happening.
5-29-2023 Intel Guru yada Article: "Fatah deputy: The budget will be presented to a vote in the next two days, and we await the response of the Kurds to the framework" ...Reading the content, it indicates they can pass the budget now without the Kurds agreeing. The group of the Kurds they are referencing is a minority group and can be pass without them. But, the Framework, is giving them a chance to be a part of the consensus...We are there folks, just waiting for the minority's response...whether they respond or not, will still get done.
5-29-2023 Newshound/Intel Guru Walkingstick The ATMs are on. They are active. They have been turned on. The only problem is the citizens aren't using them yet... [Walkingsticks bank friend here in the US] bought 18 of them. He's not in Iraq.
5-29-2023 Intel Guru MarkZ [via PDK] Question: Mark do you feel confident the Dong is going to RV as well. MarkZ Answer: I feel confident the dong is going to RV at the same time as the dinar. The overwhelming majority of banking contacts, paymaster contacts...Government contacts agree they will be going all at once. Question: dong rate? MarkZ answer: I am still hearing up to $2.25. Some people are saying .47 cents. Nobody knows for certain until we cross the finish line.
5-29-2023 Newshound Guru Sandy Ingram Will we be allowed to exchange our IQD...? Probably. Will we be able to invest in Iraq and realize a profit on our Iraqi dinars? The answer is yes even if we have to hire an Iraqi company to invest or exchange our money for us. Is it possible that the currency will increase in value? Yes! It is more than possible. It may not be 1 USD to 1 dinar initially. It's all a matter of time and strategy. Hold on to your Iraqi dinars..
5-29-2023 Newshound/Intel Guru RVAlready Iraq made amendments to the budget that Kurdistan didn’t like. Then, they amended the amendments. Now, there is a meeting to see if Kurdistan will agree. Typical Iraq-Kurdistan behavior. It could be all the news is just smoke.
5-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The news is telling us more than 2000 projects dated back to 2012 been waiting for 11 years will be passed and covered in this budget. FRANK: There has been a lot of suitors that have been waiting to bust down the door just to get the first kiss from Iraq. She's the prettiest girl in town. There are many things for your economic reforms that have been waiting on the sidelines...you can see them pouring in...it's all because of the monetary reform that is allowing them to be protected, Article VIII, they know what is about to happen to the exchange rate via the monetary reform...
5-29-2023 Newshound Guru Militia Man You can't make this up...Lo and behold they come to an agreement to sort out the U.S. debt and then now the next thing is we're seeing they [Iraq] are getting ready to sort out the 2023, 24 and 25 budget.
5-29-2023 Intel Guru MarkZ [via PDK] I did think we would have seen the budget yesterday. I have some sources over there that still say its done…they are still working on logistical things? Over the weekend they are talking about lower denominations again. About the importance of lower denominations and the importance of digital banking. They are giving us all the information for those paying attention. They are still educating people on the coming price change ...On the rumor side: Some sources think today and tomorrow is still a “go” . Some think we will be in the banks before the 10th of June. No one knows the date or rate…but everything tells us how close we are.
5-29-2023 Newshound Guru Clare Article: "After the recent amendments" .. Shafaq News publishes the 2023 budget bill" Quote: "According to the text of the budget...the financial revenues for this year are estimated at 134 trillion, 552 billion, 919 million and 63 thousand Iraqi dinars, by calculating revenues from exporting crude oil at a price of $70 per barrel and a daily export rate of three million and 500 thousand barrels and 400 One thousand barrels per day of the region’s oil exports, and the exchange rate for the dollar is 1,300 dinars."
5-29-2023 Intel Guru Frank26 The monetary reform, oh my word, it's smoking hot. All the signals that are coming out from the right people are telling you the Iraqi dinar, the exchange rate, the new national currency is about to go boom, boom boom boom...
5-29-2023 Guru Nader From The Mid East They decided today to...tell us about new category. It's gonna come out, the new money, the new currency they said. I hope they're a lot smaller than the other ones. Remember I told you nothing would change before the currency changes. The currency changes you're gonna see a rate change. The money, the currency, doesn't change we can do nothing...
5-29-2023 Intel Guru Frank26 The farther we go into this the more I think these [new rate and lower denomination notes] are going to go neck and neck. I was thinking maybe we'll have the exchange rate and then we'll have the currency. Some of you feel we'll have the currency and then we'll have the new exchange rate. Well that's kind of not very good logically. I'm feeling maybe we'll have everything all at once together which would be the smartest thing...
5-29-2023 Intel Guru MarkZ [via PDK] Article: “Finance Committee suspends work until budget disputes are resolved” Just stay calm…its purposeful misinformation. They are talking about their lower denominations and much more…watch what they do. Here is another great sign “Iraq boosts gold reserves by 2 % in a single day in gradual buildup” They are separating themselves from the US dollar. It’s happening guys. Member Comment: If Nader can use his dinar based debit card anywhere in the world now…i think we have to be close. [reference Guru Nader post 5-28-2023] MarkZ answer: Obviously they've done more then they are telling us…obviously things are happening.
5-29-2023 Intel Guru yada Article: "Fatah deputy: The budget will be presented to a vote in the next two days, and we await the response of the Kurds to the framework" ...Reading the content, it indicates they can pass the budget now without the Kurds agreeing. The group of the Kurds they are referencing is a minority group and can be pass without them. But, the Framework, is giving them a chance to be a part of the consensus...We are there folks, just waiting for the minority's response...whether they respond or not, will still get done.
5-29-2023 Newshound/Intel Guru Walkingstick The ATMs are on. They are active. They have been turned on. The only problem is the citizens aren't using them yet... [Walkingsticks bank friend here in the US] bought 18 of them. He's not in Iraq.
5-29-2023 Intel Guru MarkZ [via PDK] Question: Mark do you feel confident the Dong is going to RV as well. MarkZ Answer: I feel confident the dong is going to RV at the same time as the dinar. The overwhelming majority of banking contacts, paymaster contacts...Government contacts agree they will be going all at once. Question: dong rate? MarkZ answer: I am still hearing up to $2.25. Some people are saying .47 cents. Nobody knows for certain until we cross the finish line.
5-29-2023 Newshound Guru Sandy Ingram Will we be allowed to exchange our IQD...? Probably. Will we be able to invest in Iraq and realize a profit on our Iraqi dinars? The answer is yes even if we have to hire an Iraqi company to invest or exchange our money for us. Is it possible that the currency will increase in value? Yes! It is more than possible. It may not be 1 USD to 1 dinar initially. It's all a matter of time and strategy. Hold on to your Iraqi dinars..
5-29-2023 Newshound/Intel Guru RVAlready Iraq made amendments to the budget that Kurdistan didn’t like. Then, they amended the amendments. Now, there is a meeting to see if Kurdistan will agree. Typical Iraq-Kurdistan behavior. It could be all the news is just smoke.
5-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The news is telling us more than 2000 projects dated back to 2012 been waiting for 11 years will be passed and covered in this budget. FRANK: There has been a lot of suitors that have been waiting to bust down the door just to get the first kiss from Iraq. She's the prettiest girl in town. There are many things for your economic reforms that have been waiting on the sidelines...you can see them pouring in...it's all because of the monetary reform that is allowing them to be protected, Article VIII, they know what is about to happen to the exchange rate via the monetary reform...
5-29-2023 Newshound Guru Militia Man You can't make this up...Lo and behold they come to an agreement to sort out the U.S. debt and then now the next thing is we're seeing they [Iraq] are getting ready to sort out the 2023, 24 and 25 budget.
5-29-2023 Intel Guru MarkZ [via PDK] I did think we would have seen the budget yesterday. I have some sources over there that still say its done…they are still working on logistical things? Over the weekend they are talking about lower denominations again. About the importance of lower denominations and the importance of digital banking. They are giving us all the information for those paying attention. They are still educating people on the coming price change ...On the rumor side: Some sources think today and tomorrow is still a “go” . Some think we will be in the banks before the 10th of June. No one knows the date or rate…but everything tells us how close we are.
5-29-2023 Newshound Guru Clare Article: "After the recent amendments" .. Shafaq News publishes the 2023 budget bill" Quote: "According to the text of the budget...the financial revenues for this year are estimated at 134 trillion, 552 billion, 919 million and 63 thousand Iraqi dinars, by calculating revenues from exporting crude oil at a price of $70 per barrel and a daily export rate of three million and 500 thousand barrels and 400 One thousand barrels per day of the region’s oil exports, and the exchange rate for the dollar is 1,300 dinars."
5-29-2023 Intel Guru Frank26 The monetary reform, oh my word, it's smoking hot. All the signals that are coming out from the right people are telling you the Iraqi dinar, the exchange rate, the new national currency is about to go boom, boom boom boom...
5-29-2023 Guru Nader From The Mid East They decided today to...tell us about new category. It's gonna come out, the new money, the new currency they said. I hope they're a lot smaller than the other ones. Remember I told you nothing would change before the currency changes. The currency changes you're gonna see a rate change. The money, the currency, doesn't change we can do nothing...
5-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Government and central bank are saying no dealing in dollars. It's unacceptable and they have a special police force to enforce this and they want all to respect and only use the dinar.
5-28-2023 Newshound Guru Breitling Question: "You think Trump put any extra pressure on Iraq [to revalue] when he was in?" No. He wasn't worried about that. He would have supported it if they did. He would have 100%. So would Biden but it's not a priority to them. It's not part of our [United States'] plan. We're not against it. It's not going to hurt us in any way shape or form because guess what they're going to use when they start revaluing, start buying up like crazy, to put in their reserves to back up their currency? U.S. dollar. [See Guest Gurus Margarita and desaddams Trump posts below.]
5-28-2023 Newshound Guru Pimpy People are like, 'Pimpy doesn't know what he's talking about. It's on the Forex in-country, it's floating freely in-country.' No it's not. Yes they do monitor both rates [Official CBI rate and black market rate] but it's for the sole purpose of financial information needed by the Central Bank of Iraq to determine the gap between the two parallel rates and whether or not they need to address it one way or another.
5-28-2023 Guest Guru desaddams [Response to Guest Guru Margarita Trump Below.] When Ingraham asked how Trump planned to collect money from Iraq, the president said: "Well, we have a lot of their money right now. We have a lot of their money. We have $35 billion of their money right now sitting in an account. And I think they’ll agree to pay. I think they’ll agree to pay. Otherwise, we’ll stay there."
5-28-2023 Intel Guru Frank26 What happens after the Iraqi dinar de-pegs...after the new exchange rate, the national currency and the coins come out...what's the next step for the Iraqi dinar? The Iraqi dinar is going to float in an International basket...IMO the internal float of the Iraqi dinar is very self-evident...when they finally introduce the reinstatement of their currency you're going to see that currency start to float internationally.
5-28-2023 Newshound Guru Militia Man Article quote: "The national security agency carried out a wide campaign to adopt the dinar instead of the dollar in commercial dealings in Kirkuk" Why is the security agency doing that? If you have a brand new currency and it's coming out, obviously there's going to be coming out obviously there's going to be some security risks...they're also educating people...it's an awareness campaign...it enhances the citizen's confidence in the Iraqi currency...
5-28-2023 Guru Nader From The Mid East I can use my Iraqi debit card in America...I never talked about the credit cards or ATM...they're telling us today the credit cards we can use them international. I can use my debit card here or my credit card anywhere in the world...Of course our credit cards doesn't work with dollar, work with dinar. So if I'm here (United States) I'm gonna go to any bank, example Chase, get money - What's going to happen? The dinar is going to be exchange by the dollar between banks. A week ago I came out and said it's gonna float. There's your float. For now it's not showing on Forex. Believe me guys it start to float. Now I can use my card here...
5-28-2023 Guest Guru Margarita Community Comment: "I never heard Trump say how much dinar was in the U. S. Treasury...Was it 36 billion?" Well he never uttered the term dinar when he said it. He literally said we have a certain amount of THEIR money. He didn't say it was dinars nor dollars.
5-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: News saying we're joining the BRICS and we have banned the use of the dollar. This move is to strengthen the dinar. They talked about how this will increase on the Forex market. FRANK: That's an international basket...that's de-dollarizing. That's de-pegging from the American dollar...Through the Forex markets! That's exactly right.
5-28-2023 Newshound Guru Breitling Question: "You think Trump put any extra pressure on Iraq [to revalue] when he was in?" No. He wasn't worried about that. He would have supported it if they did. He would have 100%. So would Biden but it's not a priority to them. It's not part of our [United States'] plan. We're not against it. It's not going to hurt us in any way shape or form because guess what they're going to use when they start revaluing, start buying up like crazy, to put in their reserves to back up their currency? U.S. dollar. [See Guest Gurus Margarita and desaddams Trump posts below.]
5-28-2023 Newshound Guru Pimpy People are like, 'Pimpy doesn't know what he's talking about. It's on the Forex in-country, it's floating freely in-country.' No it's not. Yes they do monitor both rates [Official CBI rate and black market rate] but it's for the sole purpose of financial information needed by the Central Bank of Iraq to determine the gap between the two parallel rates and whether or not they need to address it one way or another.
5-28-2023 Guest Guru desaddams [Response to Guest Guru Margarita Trump Below.] When Ingraham asked how Trump planned to collect money from Iraq, the president said: "Well, we have a lot of their money right now. We have a lot of their money. We have $35 billion of their money right now sitting in an account. And I think they’ll agree to pay. I think they’ll agree to pay. Otherwise, we’ll stay there."
5-28-2023 Intel Guru Frank26 What happens after the Iraqi dinar de-pegs...after the new exchange rate, the national currency and the coins come out...what's the next step for the Iraqi dinar? The Iraqi dinar is going to float in an International basket...IMO the internal float of the Iraqi dinar is very self-evident...when they finally introduce the reinstatement of their currency you're going to see that currency start to float internationally.
5-28-2023 Newshound Guru Militia Man Article quote: "The national security agency carried out a wide campaign to adopt the dinar instead of the dollar in commercial dealings in Kirkuk" Why is the security agency doing that? If you have a brand new currency and it's coming out, obviously there's going to be coming out obviously there's going to be some security risks...they're also educating people...it's an awareness campaign...it enhances the citizen's confidence in the Iraqi currency...
5-28-2023 Guru Nader From The Mid East I can use my Iraqi debit card in America...I never talked about the credit cards or ATM...they're telling us today the credit cards we can use them international. I can use my debit card here or my credit card anywhere in the world...Of course our credit cards doesn't work with dollar, work with dinar. So if I'm here (United States) I'm gonna go to any bank, example Chase, get money - What's going to happen? The dinar is going to be exchange by the dollar between banks. A week ago I came out and said it's gonna float. There's your float. For now it's not showing on Forex. Believe me guys it start to float. Now I can use my card here...
5-28-2023 Guest Guru Margarita Community Comment: "I never heard Trump say how much dinar was in the U. S. Treasury...Was it 36 billion?" Well he never uttered the term dinar when he said it. He literally said we have a certain amount of THEIR money. He didn't say it was dinars nor dollars.
5-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: News saying we're joining the BRICS and we have banned the use of the dollar. This move is to strengthen the dinar. They talked about how this will increase on the Forex market. FRANK: That's an international basket...that's de-dollarizing. That's de-pegging from the American dollar...Through the Forex markets! That's exactly right.
5-27-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are saying to all businesses that still try to sell and use the dollar that it's a violation of the law and it's against Iraqi sovereignty. If they're caught, the first offense will be a fine. But then if they're caught again it will be fine in millions of dinars and they will serve jail time. FRANK: Their new national currency is sovereign in their country.
5-27-2023 Newshound Guru Kaperoni If the dinar is ever going to go up in value it will be as the result of the growth of Iraq 's economy. So all of the BS on a daily basis about an RV coming, the budget has an RV, all nonsense...There is no RV. There will be no significant overnight change in the Iraqi dinar, it's not how monetary policy works...
5-27-2023 Intel Guru RayRen98 [via saltair & Babysmom] MOST RECENT ANTICIPATED OPENING RATES AS PER RAY DONG .47... DINAR 3.81...
5-27-2023 Intel Guru Frank26 Article: "Planning: Items in the budget to address the impact of the dollar exchange rate" Quote: "The Ministry of Planning revealed that the budget for the current year includes new items that address the impact of changing the exchange rates of the US dollar on the Iraqi citizen" COMBINE THIS ARTICLE WITH THE FACT THAT THEY WANT TO ALSO INTRODUCE LOWER NOTES BELOW A 250, THEN WE HAVE A NEW EXCHANGE RATE AND A NEW NATIONAL CURRENCY.
5-27-2023 Newshound Guru Pimpy Don't get caught up in the hype. There is no in-country/out-of-country exchange rate. There's no in-country free-floating exchange rate/out-of-counry fixed exchange rate. No. It's the same all the way around. Just hang tight. Don't be impatient. IMO it's going to increase in value...I do believe we'll see a very healthy change in the exchange rate over the next couple years...
5-27-2023 Newshound Guru Militia Man [Budget delay] Article Quote: "the relationship between the federal government and the regional government (Baghdad and Kurdistan) will soon prompt the legislation of this law [budget]" All that's positive. Just because one guy comes out and throws gas on the fire doesn't mean that's going to burn long. At this stage of the game I believe it's not going to burn long. I think it's going to turn out to be...in the next couple days we're going to see these guys get together and hammer it out.
5-27-2023 Intel Guru Frank26 Who cares about the budget. I care about the new exchange rate. And so does the budget for that matter.
5-27-2023 Intel Guru MarkZ [via PDK] “Iraq open to the world! An IBBC conference upcoming is celebrating Iraq’s return to International engagement”
5-27-2023 Newshound Guru Kaperoni If the dinar is ever going to go up in value it will be as the result of the growth of Iraq 's economy. So all of the BS on a daily basis about an RV coming, the budget has an RV, all nonsense...There is no RV. There will be no significant overnight change in the Iraqi dinar, it's not how monetary policy works...
5-27-2023 Intel Guru RayRen98 [via saltair & Babysmom] MOST RECENT ANTICIPATED OPENING RATES AS PER RAY DONG .47... DINAR 3.81...
5-27-2023 Intel Guru Frank26 Article: "Planning: Items in the budget to address the impact of the dollar exchange rate" Quote: "The Ministry of Planning revealed that the budget for the current year includes new items that address the impact of changing the exchange rates of the US dollar on the Iraqi citizen" COMBINE THIS ARTICLE WITH THE FACT THAT THEY WANT TO ALSO INTRODUCE LOWER NOTES BELOW A 250, THEN WE HAVE A NEW EXCHANGE RATE AND A NEW NATIONAL CURRENCY.
5-27-2023 Newshound Guru Pimpy Don't get caught up in the hype. There is no in-country/out-of-country exchange rate. There's no in-country free-floating exchange rate/out-of-counry fixed exchange rate. No. It's the same all the way around. Just hang tight. Don't be impatient. IMO it's going to increase in value...I do believe we'll see a very healthy change in the exchange rate over the next couple years...
5-27-2023 Newshound Guru Militia Man [Budget delay] Article Quote: "the relationship between the federal government and the regional government (Baghdad and Kurdistan) will soon prompt the legislation of this law [budget]" All that's positive. Just because one guy comes out and throws gas on the fire doesn't mean that's going to burn long. At this stage of the game I believe it's not going to burn long. I think it's going to turn out to be...in the next couple days we're going to see these guys get together and hammer it out.
5-27-2023 Intel Guru Frank26 Who cares about the budget. I care about the new exchange rate. And so does the budget for that matter.
5-27-2023 Intel Guru MarkZ [via PDK] “Iraq open to the world! An IBBC conference upcoming is celebrating Iraq’s return to International engagement”
5-26-2023 Intel Guru Frank26 I'm pleased with where we're at - budget or no budget, new exchange rate or no new exchange rate. All these things are a reality. It's not fiction and it's all coming together. Let them cross the finish line together...
5-26-2023 Newshound Guru Clare Article: "Nashville is looking forward to twinning with Arbel next month" Quote: "The American mayor of Nashville, John Cooper announced, on Thursday, that the city is looking forward to officially twinning with the city of Erbil, the capital of the Kurdistan Region of Iraq, next month...On behalf of all the people of Nashville, I say how lucky we are to be known as 'Little Kurdistan'...We will return to establishing close relations with Kurdistan at the individual level in many different fields such as education, culture, business and tourism."
5-26-2023 Newshound Guru Deepwoodz So when they finish what they call the project to drop the zeroes it’s just that simple. Drop the zeroes from the worthless value. So the 25,000 tax is only a roundabout $25 tax to fly...They are adding taxes to a lot of things and let’s hope this is because they expect to make lots of money…”non-oil revenues” in the near future. Let’s hope it’s because they expect people to have money via higher wages, more money via the HCL, and more purchasing power via the new national currency. [Post 2 of 2]
5-26-2023 Newshound Guru Deepwoodz Community Question "...The 25,000 IQD tax in the budget for Iraqi citizens to pay if they use the airport and fly. That tax tells me that the parliament must have no clue about the coming rate change. This worries me greatly...If the rate was going to change then 25,000 IQD will equal $25,000 USD with an initial 1 to 1 R.I. This is ludicrous." One theory is this, notice that 99.9% of the time when you see a tax, a bill, a debt, or a cost, it always ends with 000... [Post 1 of 2....stay tuned]
5-26-2023 Intel Guru Bruce [via WiserNow] The new time frame is that the budget will be out in the printed version of the Gazette Saturday. The new rate for the Iraqi dinar will be put out Sunday. If you're good at math, you can figure out the rate based on the budget..but remember, this is the in country rate for the dinar ...The rate that has been set for us is way different and much, much higher...Dong rate very strong very high, also... We should be there before the end of the month, and very possibly we see something in the way of our notifications over this Memorial Day weekend.
5-26-2023 Newshound Guru Kaperoni The truth is if the dinar is going to rise it will be the result of Iraq building a diverse economy. They are working diligently to diversify away from oil, past laws and create an investment environment. With the success of Iraq's economy, they will then be in a position to allow it to rise gradually over time. An increase in the exchange rate is not a random act, but is the result of economic success.
5-26-2023 Intel Guru Frank26 Don't you agree that the budget is going to make things a lot more transparent with the monetary reform? The economic reform is already extremely visible. Everybody can see it. Look at all the countries that are pouring in...they never did before. Kind of unusual, huh? Yeah, but if you were in their shoes and you had the ability to come into Iraq and invest you would too. Why didn't you [investors pour in] last year? Because you didn't see the evidence as you see it now. It's loud. It's clear.
5-26-2023 Intel Guru RayRen98 ...EVERYONE KNOWS THAT RAY DOESN'T MAKE ANY PROMISES WHEN IT COMES TO THE RV! BUT... THIS "MAY" BECOME YOUR MOST MEMORABLE MEMORIAL DAY WEEKEND OF YOUR LIFE! TIME WILL TELL.
5-26-2023 Intel Guru MarkZ [via PDK] There is some interesting news today. We continue to get very positive stuff out of Iraq. We are looking for budget approval this weekend on Saturday. I was told that after its passed- anytime is wide open for a rate change.
5-26-2023 Newshound Guru Pimpy They're doing all the right things now putting themselves in place to strengthen Iraqi dinar. I do believe it will increase value before 2026...in small increments...As far as the exchange rate change in 2026 there's reason to believe that that exchange rate change is going to be a doozy of an exchange rate change and I have reasons to believe that.
5-26-2023 Intel Guru Frank26 The new exchange rate is very close based on all the things they are introducing to you on a daily basis through the monetary reform education. But because the monetary reform education is not complete, the budget may not have the new exchange rate just yet. Look at the line items. The line items will tell you it requires a new rate. Now you believe once you see the budget you will see the news exchange rate. I agree, but do not look for it in the budget.
5-26-2023 Newshound Guru Deepwoodz Article: "With documents.. amending the paragraphs related to the region's dues in the budget, and the Patriotic Union confirms: a historic victory for the Kurds and a blow to the corrupt" This has been the holdup. Maliki is p*ssed but that’s a good thing and looks like they are ready to vote tomorrow!
5-26-2023 Intel Guru MarkZ [via PDK] ...they have recovered 20 million dollars of Iraqi money from Kuwait and getting ready to recover 80 million dollars from Credit Suisse. These are funds that were locked up from when Sadaam Hussein moved into Kuwait. So a lot of Iraq’s funds around the world were frozen. They are now unfreezing them because they continue to meet all their obligations. When that act of war was committed…Iraq’s currency was devalued...to take away their ability to make war. They took something that was worth a lot and changed the value to worth not much. Now they are meeting all the requirements so they can do the opposite. We are watching this all play out. Obviously it hasn’t gone as fast as we want it too. Would sure be nice to be across that finish line.
5-26-2023 Newshound Guru Clare Article: "Nashville is looking forward to twinning with Arbel next month" Quote: "The American mayor of Nashville, John Cooper announced, on Thursday, that the city is looking forward to officially twinning with the city of Erbil, the capital of the Kurdistan Region of Iraq, next month...On behalf of all the people of Nashville, I say how lucky we are to be known as 'Little Kurdistan'...We will return to establishing close relations with Kurdistan at the individual level in many different fields such as education, culture, business and tourism."
5-26-2023 Newshound Guru Deepwoodz So when they finish what they call the project to drop the zeroes it’s just that simple. Drop the zeroes from the worthless value. So the 25,000 tax is only a roundabout $25 tax to fly...They are adding taxes to a lot of things and let’s hope this is because they expect to make lots of money…”non-oil revenues” in the near future. Let’s hope it’s because they expect people to have money via higher wages, more money via the HCL, and more purchasing power via the new national currency. [Post 2 of 2]
5-26-2023 Newshound Guru Deepwoodz Community Question "...The 25,000 IQD tax in the budget for Iraqi citizens to pay if they use the airport and fly. That tax tells me that the parliament must have no clue about the coming rate change. This worries me greatly...If the rate was going to change then 25,000 IQD will equal $25,000 USD with an initial 1 to 1 R.I. This is ludicrous." One theory is this, notice that 99.9% of the time when you see a tax, a bill, a debt, or a cost, it always ends with 000... [Post 1 of 2....stay tuned]
5-26-2023 Intel Guru Bruce [via WiserNow] The new time frame is that the budget will be out in the printed version of the Gazette Saturday. The new rate for the Iraqi dinar will be put out Sunday. If you're good at math, you can figure out the rate based on the budget..but remember, this is the in country rate for the dinar ...The rate that has been set for us is way different and much, much higher...Dong rate very strong very high, also... We should be there before the end of the month, and very possibly we see something in the way of our notifications over this Memorial Day weekend.
5-26-2023 Newshound Guru Kaperoni The truth is if the dinar is going to rise it will be the result of Iraq building a diverse economy. They are working diligently to diversify away from oil, past laws and create an investment environment. With the success of Iraq's economy, they will then be in a position to allow it to rise gradually over time. An increase in the exchange rate is not a random act, but is the result of economic success.
5-26-2023 Intel Guru Frank26 Don't you agree that the budget is going to make things a lot more transparent with the monetary reform? The economic reform is already extremely visible. Everybody can see it. Look at all the countries that are pouring in...they never did before. Kind of unusual, huh? Yeah, but if you were in their shoes and you had the ability to come into Iraq and invest you would too. Why didn't you [investors pour in] last year? Because you didn't see the evidence as you see it now. It's loud. It's clear.
5-26-2023 Intel Guru RayRen98 ...EVERYONE KNOWS THAT RAY DOESN'T MAKE ANY PROMISES WHEN IT COMES TO THE RV! BUT... THIS "MAY" BECOME YOUR MOST MEMORABLE MEMORIAL DAY WEEKEND OF YOUR LIFE! TIME WILL TELL.
5-26-2023 Intel Guru MarkZ [via PDK] There is some interesting news today. We continue to get very positive stuff out of Iraq. We are looking for budget approval this weekend on Saturday. I was told that after its passed- anytime is wide open for a rate change.
5-26-2023 Newshound Guru Pimpy They're doing all the right things now putting themselves in place to strengthen Iraqi dinar. I do believe it will increase value before 2026...in small increments...As far as the exchange rate change in 2026 there's reason to believe that that exchange rate change is going to be a doozy of an exchange rate change and I have reasons to believe that.
5-26-2023 Intel Guru Frank26 The new exchange rate is very close based on all the things they are introducing to you on a daily basis through the monetary reform education. But because the monetary reform education is not complete, the budget may not have the new exchange rate just yet. Look at the line items. The line items will tell you it requires a new rate. Now you believe once you see the budget you will see the news exchange rate. I agree, but do not look for it in the budget.
5-26-2023 Newshound Guru Deepwoodz Article: "With documents.. amending the paragraphs related to the region's dues in the budget, and the Patriotic Union confirms: a historic victory for the Kurds and a blow to the corrupt" This has been the holdup. Maliki is p*ssed but that’s a good thing and looks like they are ready to vote tomorrow!
5-26-2023 Intel Guru MarkZ [via PDK] ...they have recovered 20 million dollars of Iraqi money from Kuwait and getting ready to recover 80 million dollars from Credit Suisse. These are funds that were locked up from when Sadaam Hussein moved into Kuwait. So a lot of Iraq’s funds around the world were frozen. They are now unfreezing them because they continue to meet all their obligations. When that act of war was committed…Iraq’s currency was devalued...to take away their ability to make war. They took something that was worth a lot and changed the value to worth not much. Now they are meeting all the requirements so they can do the opposite. We are watching this all play out. Obviously it hasn’t gone as fast as we want it too. Would sure be nice to be across that finish line.
5-25-2023 Newshound Guru Pimpy There's been a lot of back and forth ...People are claiming the currency is floating and that it is on the Forex ...Is the IQD on the Forex? ...Money exchanges, not the global Forex, do list the IQD. Since the IQD is a recognizable legitimate currency they still keep track of it but it's not paired up with anything and it's not trading...at this time Forex.com does not offer trading in the Iraqi dinar...
5-25-2023 Intel Guru Frank26 If they start to expose the budget, they're going to expose the line item about adjusting the exchange rate against the American dollar. It's a program rate...right now against the dollar and they're going to adjust that? Well bye-bye program rate. I wonder what the rate will be?
5-25-2023 Intel Guru MarkZ [via PDK] I still think it will happen in the month of May. I was told they are trying to have US- you and me starting our appointments around the 30th and 31st…..I still feel good about the month of May. Remember Nobody knows the exact timing.
5-25-2023 Newshound Guru Breitling All I'm trying to do is eliminate the conspiracy theories and hype out of a legitimate opportunity. Nobody knows what's going to happen. I have an idea based on policy. My evidence is policy. They said they want to revalue it at a $1.17 then they want to get it to $3.75. I have proof. The doubters don't. The only thing they can say is, 'It hasn't revalued yet.' So what. What the hell does that have to do with the price of tea in china? It's all speculative.
5-25-2023 Newshound Guru Kaperoni The current plan that Iraq has stated is over the next three years. That is why the budget will be a three-year term, that is why the new Central Bank of Iraq building will open in 2025, and over the next 16 months Iraq will diversify, pass laws and begin the rebuilding process.
5-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We need to believe we will see a new rate soon after this historic budget. It just has to be with all the ground work that's already been done. FRANK: We are really leaning in the direction that we want to see the budget. Give us the budget and then turn those trillions into billions...the flip of a switch would covert the exchange rate.
5-25-2023 Newshound Guru Militia Man the quote says, 'After these article [12, 13, 14 - Oil agreement] are resolved with the Finance Committee the parliament session will be determined to vote on the budget.' ...What we believe is that is the key point. Once we get that done, if Halbousi...their president, signs off on this it opens the door for us to be in effectively a window. I don't have a date, time, rate...but the fact remains...because of the nature of the 3 year budget it will allow them in our understanding of it to have the ability to make an exchange rate change whenever they can.
5-25-2023 Newshound Guru Pimpy Let's clear this up...an RI is a reinstatement. People always intermingle that with the RV. An RI would be reinstating the rate in which a currency once was. In Kuwait...they were invaded, they dropped the value way down but after Iraq was removed...they reinstated the rate where it was before the invasion. As far as Iraq is concerned, way different because what happened in Kuwait was a short period of time, not to mention Iraq is under restrictions. Are they going to have a reinstatement? I don't think so. That's my opinion. But could it happen? Of course. Anything is possible...I think you're going to see an RV which is a re-value...
5-25-2023 Intel Guru MarkZ [via PDK] I am now hearing they want to let this thing rip on the 30th-31st on the street level and that we will see a lot happening over the weekend-including Iraq’s budget. They expect to pass it –rubber stamp it this Saturday allowing them to move forward with rate changes...I think this month is very much still in play.
5-25-2023 Intel Guru Frank26 I don't care when the budget comes out. I don't. It's not the budget I seek. I care about when the new exchange rate comes out. And there is a line item IMO that has the new exchange rate in it...
5-25-2023 Newshound/Intel Guru Mnt Goat Yes, we are VERY close to something big happening with the dinar...Yes, I do have some concerns about not seeing any news about the project to delete the zeros... Integral to the RV is this project to delete the zeros. One can not happen without the other. Many time already, Al-Sundani has told the citizens of Iraq the dinar is stronger than the dollar. ...Yet it is still less than 1/6 of a penny. So when will they make this move and prove it to the citizens and given them a new rate?
5-25-2023 Intel Guru Frank26 If they start to expose the budget, they're going to expose the line item about adjusting the exchange rate against the American dollar. It's a program rate...right now against the dollar and they're going to adjust that? Well bye-bye program rate. I wonder what the rate will be?
5-25-2023 Intel Guru MarkZ [via PDK] I still think it will happen in the month of May. I was told they are trying to have US- you and me starting our appointments around the 30th and 31st…..I still feel good about the month of May. Remember Nobody knows the exact timing.
5-25-2023 Newshound Guru Breitling All I'm trying to do is eliminate the conspiracy theories and hype out of a legitimate opportunity. Nobody knows what's going to happen. I have an idea based on policy. My evidence is policy. They said they want to revalue it at a $1.17 then they want to get it to $3.75. I have proof. The doubters don't. The only thing they can say is, 'It hasn't revalued yet.' So what. What the hell does that have to do with the price of tea in china? It's all speculative.
5-25-2023 Newshound Guru Kaperoni The current plan that Iraq has stated is over the next three years. That is why the budget will be a three-year term, that is why the new Central Bank of Iraq building will open in 2025, and over the next 16 months Iraq will diversify, pass laws and begin the rebuilding process.
5-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We need to believe we will see a new rate soon after this historic budget. It just has to be with all the ground work that's already been done. FRANK: We are really leaning in the direction that we want to see the budget. Give us the budget and then turn those trillions into billions...the flip of a switch would covert the exchange rate.
5-25-2023 Newshound Guru Militia Man the quote says, 'After these article [12, 13, 14 - Oil agreement] are resolved with the Finance Committee the parliament session will be determined to vote on the budget.' ...What we believe is that is the key point. Once we get that done, if Halbousi...their president, signs off on this it opens the door for us to be in effectively a window. I don't have a date, time, rate...but the fact remains...because of the nature of the 3 year budget it will allow them in our understanding of it to have the ability to make an exchange rate change whenever they can.
5-25-2023 Newshound Guru Pimpy Let's clear this up...an RI is a reinstatement. People always intermingle that with the RV. An RI would be reinstating the rate in which a currency once was. In Kuwait...they were invaded, they dropped the value way down but after Iraq was removed...they reinstated the rate where it was before the invasion. As far as Iraq is concerned, way different because what happened in Kuwait was a short period of time, not to mention Iraq is under restrictions. Are they going to have a reinstatement? I don't think so. That's my opinion. But could it happen? Of course. Anything is possible...I think you're going to see an RV which is a re-value...
5-25-2023 Intel Guru MarkZ [via PDK] I am now hearing they want to let this thing rip on the 30th-31st on the street level and that we will see a lot happening over the weekend-including Iraq’s budget. They expect to pass it –rubber stamp it this Saturday allowing them to move forward with rate changes...I think this month is very much still in play.
5-25-2023 Intel Guru Frank26 I don't care when the budget comes out. I don't. It's not the budget I seek. I care about when the new exchange rate comes out. And there is a line item IMO that has the new exchange rate in it...
5-25-2023 Newshound/Intel Guru Mnt Goat Yes, we are VERY close to something big happening with the dinar...Yes, I do have some concerns about not seeing any news about the project to delete the zeros... Integral to the RV is this project to delete the zeros. One can not happen without the other. Many time already, Al-Sundani has told the citizens of Iraq the dinar is stronger than the dollar. ...Yet it is still less than 1/6 of a penny. So when will they make this move and prove it to the citizens and given them a new rate?
5-24-2023 Newshound Guru Pimpy If the RV hasn't happened by the time the currency is on the Forex it should show in real time...There's a good possibility that before it hits the Forex that the RV will happen.
5-24-2023 Intel Guru Bruce [via PDK] ...over the weekend, certainly by Sunday Iraq was going to expose their budgets, and the new rate would be in the budget. They did do that. But we were kept from seeing the new rates and we won't see it until Thursday. There's what I'm hearing out of Iraq... the new rate is supposed to be available to us to see here on Thursday. ..exchanges on Thursday...I'm just telling you I'm being told from some pretty strong sources...I think we're looking pretty good. Right now.
5-24-2023 Intel Guru Frank26 The whole world is pouring into Iraq . You don't think these companies and countries know something that you don't know? Of course.
5-24-2023 Newshound Guru Sandy Ingram [Recent Dinar History Recap] Iraq finally had an election and there is a new prime minister who is friendly with Iran. Large sums of U.S. dollars began flowing into Iran who is under sanctions. The United States immediately stopped the flow of U.S. dollars into Iraq ..and Iraq was on its way to looking like Zimbabwe . Fortunately a delegation was called to Washington D.C. and for 6 days and nights they hammered out a plan. We believe we are seeing the plan unfold...Iraq is all about making progress and when this progress continues the value of their currency will increase against the U.S. dollar. This is what we are waiting for.
5-24-2023 Newshound/Intel Guru Mnt Goat The articles this week are still rolling out yet more currency reforms but most importantly they are now “enforcing” the new CBI currency mandates and sole use of the dinar with a special task force of policemen. WOW! WOW! WOW! So we can [see] they mean business. I feel there is now no turning back. This is moving forward...we are heading for the long awaited reinstatement of the Iraqi dinar to FOREX not as a placeholder but open for business trading...We could possibly see what we are looking for prior to June.
5-24-2023 Newshound Guru Deepwoodz Community Comment: "It's the CBI that changes the rate not parliament. The CBI can do it anytime." Constitution Article 110 - The federal government shall have exclusive authorities in the following matters: ...Formulating fiscal and customs policy; issuing currency; regulating commercial policy across regional and governorate boundaries in Iraq; drawing up the national budget of the State; formulating monetary policy; and establishing and administering a central bank." So although the CBI actually change the rate, they do it at the PM’s & COM’s discretion. Case in point, when Sudani became PM he fired Mustafa Galeh and installed Alaq.
5-24-2023 Intel Guru Frank26 What happens after they open the budget? I don't know but it's the next chapter in our investment...nothing is going to work without the new exchange rate. That's a fact of life.
5-24-2023 Newshound Guru Pimpy The official rate, which is when the bank tell you it's a fixed rate - not floating. In the streets what you have is a black market where people will pay you more dinar than you would normally get from the bank in order to get the US dollars...it has nothing to do with it floating ...there's the official one [rate] and a parallel [black market] one [rate]...all you have to do is pay attention to what the Central Bank is telling you. [NOTE: You can always see the CBI official rate in the left column of this page.]
5-24-2023 Intel Guru MarkZ [via PDK] We continue to hear positive things. There is a lot of chatter about a possible release TODAY from Reno. That may be a little early but I am still feeling very good about this month...My contacts in Iraq say Iraq is positioned to dump their Rothschild Central Bank. They are doing whatever it takes to go with or without everyone…to force the RV to fruition. They are joining BRICS and moving away from the US dollar.
5-24-2023 Newshound Guru Militia Man It's the CBI's job to make a rate change adjustment. It's not the parliament or it's not the Council of Minister's or the Finance Committee's job to do that...
5-24-2023 Intel Guru Frank26 These are good times for our investment because the things that are happening are not negative, they're moving in a positive direction...we are right at the edge of cliff, on my tiptoes, with my arms spread wide open, with my chest sticking out leaning forward over this cliff and all I need is a little gust of wind to knock me over and fly like a bird into the international world with this new national currency...
5-24-2023 Newshound Guru NORV [aka Guru Kaperoni] ...I have always stated with the success of Iraq's economy will come the increase of the dinar. ...some interesting news...Article: "The Social Security Law includes many privileges for workers in the private sector" This law was passed last weekend...This is critical to get people off the government payroll and working for the private sector which has been stated already will not only diversify Iraq's economy but rebuild the country. Article: "Retirement: The insurance law will provide a salary for more than two million workers in the private sector." They plan to launch this law in August. Which in essence means they will launch the private sector at that time. This is big news. So we can expect significant changes come August to Iraq's economy coming yet this year.
5-24-2023 Intel Guru Bruce [via PDK] ...over the weekend, certainly by Sunday Iraq was going to expose their budgets, and the new rate would be in the budget. They did do that. But we were kept from seeing the new rates and we won't see it until Thursday. There's what I'm hearing out of Iraq... the new rate is supposed to be available to us to see here on Thursday. ..exchanges on Thursday...I'm just telling you I'm being told from some pretty strong sources...I think we're looking pretty good. Right now.
5-24-2023 Intel Guru Frank26 The whole world is pouring into Iraq . You don't think these companies and countries know something that you don't know? Of course.
5-24-2023 Newshound Guru Sandy Ingram [Recent Dinar History Recap] Iraq finally had an election and there is a new prime minister who is friendly with Iran. Large sums of U.S. dollars began flowing into Iran who is under sanctions. The United States immediately stopped the flow of U.S. dollars into Iraq ..and Iraq was on its way to looking like Zimbabwe . Fortunately a delegation was called to Washington D.C. and for 6 days and nights they hammered out a plan. We believe we are seeing the plan unfold...Iraq is all about making progress and when this progress continues the value of their currency will increase against the U.S. dollar. This is what we are waiting for.
5-24-2023 Newshound/Intel Guru Mnt Goat The articles this week are still rolling out yet more currency reforms but most importantly they are now “enforcing” the new CBI currency mandates and sole use of the dinar with a special task force of policemen. WOW! WOW! WOW! So we can [see] they mean business. I feel there is now no turning back. This is moving forward...we are heading for the long awaited reinstatement of the Iraqi dinar to FOREX not as a placeholder but open for business trading...We could possibly see what we are looking for prior to June.
5-24-2023 Newshound Guru Deepwoodz Community Comment: "It's the CBI that changes the rate not parliament. The CBI can do it anytime." Constitution Article 110 - The federal government shall have exclusive authorities in the following matters: ...Formulating fiscal and customs policy; issuing currency; regulating commercial policy across regional and governorate boundaries in Iraq; drawing up the national budget of the State; formulating monetary policy; and establishing and administering a central bank." So although the CBI actually change the rate, they do it at the PM’s & COM’s discretion. Case in point, when Sudani became PM he fired Mustafa Galeh and installed Alaq.
5-24-2023 Intel Guru Frank26 What happens after they open the budget? I don't know but it's the next chapter in our investment...nothing is going to work without the new exchange rate. That's a fact of life.
5-24-2023 Newshound Guru Pimpy The official rate, which is when the bank tell you it's a fixed rate - not floating. In the streets what you have is a black market where people will pay you more dinar than you would normally get from the bank in order to get the US dollars...it has nothing to do with it floating ...there's the official one [rate] and a parallel [black market] one [rate]...all you have to do is pay attention to what the Central Bank is telling you. [NOTE: You can always see the CBI official rate in the left column of this page.]
5-24-2023 Intel Guru MarkZ [via PDK] We continue to hear positive things. There is a lot of chatter about a possible release TODAY from Reno. That may be a little early but I am still feeling very good about this month...My contacts in Iraq say Iraq is positioned to dump their Rothschild Central Bank. They are doing whatever it takes to go with or without everyone…to force the RV to fruition. They are joining BRICS and moving away from the US dollar.
5-24-2023 Newshound Guru Militia Man It's the CBI's job to make a rate change adjustment. It's not the parliament or it's not the Council of Minister's or the Finance Committee's job to do that...
5-24-2023 Intel Guru Frank26 These are good times for our investment because the things that are happening are not negative, they're moving in a positive direction...we are right at the edge of cliff, on my tiptoes, with my arms spread wide open, with my chest sticking out leaning forward over this cliff and all I need is a little gust of wind to knock me over and fly like a bird into the international world with this new national currency...
5-24-2023 Newshound Guru NORV [aka Guru Kaperoni] ...I have always stated with the success of Iraq's economy will come the increase of the dinar. ...some interesting news...Article: "The Social Security Law includes many privileges for workers in the private sector" This law was passed last weekend...This is critical to get people off the government payroll and working for the private sector which has been stated already will not only diversify Iraq's economy but rebuild the country. Article: "Retirement: The insurance law will provide a salary for more than two million workers in the private sector." They plan to launch this law in August. Which in essence means they will launch the private sector at that time. This is big news. So we can expect significant changes come August to Iraq's economy coming yet this year.
5-23-2023 Intel Guru Frank26 Nothing is late. It's actually on schedule. Many people think this should have happened last month or at the beginning of the year...but they don't understand the logistics of what the CBI is doing with your [Iraq's] monetary reform. You as a [Iraqi] citizen now understand. You see the evidence...
5-23-2023 Intel Guru MarkZ [via PDK] Pretty quiet on the RV front today. On the banker side they are trying to figure out what to expect this week. I very much think this is still our month.
5-23-2023 Guru Nader From The Mid East No one can change the rate besides the CBI...telling you the truth we're not ready yet. They're working on it. They have good news. They have good things going on but they're not ready. When they're ready you will know...we all will know...
5-23-2023 Newshound Guru Pimpy I would like to see Iraq un-peg their dinar from the US dollar and peg to the same basket that the Arab Monetary Fund uses...22 or 23 nations are involved in this organization and they all trade using their own special dinar. That value is really high. It's the SDR rate, which I think is 1.76 x 4. That's how they figure out what the value of their [basket] dinar is worth.
5-23-2023 Guest Guru Dallasdude I personally have said for months that I did not expect a rate that favored us with the passing of the budget because they have said repeatedly for months that the official exchange rate will be in the 1300 range when budget is passed..their economy needs time to grow and over a period of time we hope gets in the 1 to 1 range or 1.50 to 1 whatever the case may be...this is not meant at all to be negative because quite honestly I really love the progress this current Iraqi administration is making...
5-23-2023 Intel Guru Frank26 Remember when they had the 50s before? They got rid of them because they were worthless at the program rate. So they're going to bring them back again? They're useless. I think a 50 note would be about $0.03 cents with the program rate they have right now. Don't get over excited, 'Oh, the lower denoms are coming out now!' I don't know when. But they are in the process of the monetary reform education showing the citizens this is what we're about to do...it's a slow gradual process. It's exciting is what it is!
5-23-2023 Intel Guru MarkZ [via PDK] Things are quiet but remain very solid. I hear they have squarely targeted the month of May. I hope that is right.
5-23-2023 Newshound Guru Clare Article: "Planning: Items in the budget to address the impact of the dollar exchange rate" Quote "...serious discussions were held by the ministry, with the participation of the Investment Authority, government agencies, the Federation of Industries and other concerned authorities, regarding exchange rates and their impact on the market and therefore on citizens,"
5-23-2023 Newshound Guru Militia Man Let's go back to Thursday. The Central Bank disabled electronic payment cards. We find that to be very interesting because we haven't seen them do that before...we haven't seen them come fully live yet...They said "maybe" in 2 days so in other words it could be a little longer...
5-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They just told us on television that the parallel market rate has been matched. They are telling us this over and over again. The parallel market rate has been matched. FRANK: It could possibly be a 1 to 1 rate or a 1 to 1.5 rate. Let's see what they come up with. They may also be talking about matching the street rate. Either way it is an extremely positive move in the right direction...
5-23-2023 Intel Guru MarkZ [via PDK] Remember in Kuwait…that morning of their RV they posted an article saying the RV was going to be months away… then that same day they went… this is normal. Expect misinformation …do not ride the roller coaster.
5-23-2023 Intel Guru MarkZ [via PDK] Pretty quiet on the RV front today. On the banker side they are trying to figure out what to expect this week. I very much think this is still our month.
5-23-2023 Guru Nader From The Mid East No one can change the rate besides the CBI...telling you the truth we're not ready yet. They're working on it. They have good news. They have good things going on but they're not ready. When they're ready you will know...we all will know...
5-23-2023 Newshound Guru Pimpy I would like to see Iraq un-peg their dinar from the US dollar and peg to the same basket that the Arab Monetary Fund uses...22 or 23 nations are involved in this organization and they all trade using their own special dinar. That value is really high. It's the SDR rate, which I think is 1.76 x 4. That's how they figure out what the value of their [basket] dinar is worth.
5-23-2023 Guest Guru Dallasdude I personally have said for months that I did not expect a rate that favored us with the passing of the budget because they have said repeatedly for months that the official exchange rate will be in the 1300 range when budget is passed..their economy needs time to grow and over a period of time we hope gets in the 1 to 1 range or 1.50 to 1 whatever the case may be...this is not meant at all to be negative because quite honestly I really love the progress this current Iraqi administration is making...
5-23-2023 Intel Guru Frank26 Remember when they had the 50s before? They got rid of them because they were worthless at the program rate. So they're going to bring them back again? They're useless. I think a 50 note would be about $0.03 cents with the program rate they have right now. Don't get over excited, 'Oh, the lower denoms are coming out now!' I don't know when. But they are in the process of the monetary reform education showing the citizens this is what we're about to do...it's a slow gradual process. It's exciting is what it is!
5-23-2023 Intel Guru MarkZ [via PDK] Things are quiet but remain very solid. I hear they have squarely targeted the month of May. I hope that is right.
5-23-2023 Newshound Guru Clare Article: "Planning: Items in the budget to address the impact of the dollar exchange rate" Quote "...serious discussions were held by the ministry, with the participation of the Investment Authority, government agencies, the Federation of Industries and other concerned authorities, regarding exchange rates and their impact on the market and therefore on citizens,"
5-23-2023 Newshound Guru Militia Man Let's go back to Thursday. The Central Bank disabled electronic payment cards. We find that to be very interesting because we haven't seen them do that before...we haven't seen them come fully live yet...They said "maybe" in 2 days so in other words it could be a little longer...
5-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They just told us on television that the parallel market rate has been matched. They are telling us this over and over again. The parallel market rate has been matched. FRANK: It could possibly be a 1 to 1 rate or a 1 to 1.5 rate. Let's see what they come up with. They may also be talking about matching the street rate. Either way it is an extremely positive move in the right direction...
5-23-2023 Intel Guru MarkZ [via PDK] Remember in Kuwait…that morning of their RV they posted an article saying the RV was going to be months away… then that same day they went… this is normal. Expect misinformation …do not ride the roller coaster.
5-22-2023 Intel Guru Frank26 I'm excited to see what's going to happen. IMO once that budget comes out it's like busting open a piñata. It's like busting open a cornucopia. We're going to have a lot of information given to us. It's very valuable in understanding where they're at with a monetary reform. Shoot, it might actually give us the new exchange rate...
5-22-2023 Newshound Guru Clare Article: "The Iraqi Stock Exchange achieves the first place in the Arab world in terms of daily trading volume and rate" Quote: "the Iraqi Stock Exchange achieved the first place as the best market in daily trading (trading volume) and the daily average number of shares traded for the year 2022"
5-22-2023 Intel Guru MarkZ [via PDK] “Budget 2023-politial consensus and parliamentary disagreement - when will it pass?” The people in Iraq want to know when the budget will pass. They want you to know they are meeting over the next few days and they are going to grind through the budgetary process. Personally I think this is all show and they have already approved it. And for whatever reason they are trying to buy a few more days before they let it go. The question is WHY? That’s the question I am asking myself.
5-22-2023 Intel Guru Frank26 Article: "Economist: The Central Bank is working on issuing new cash... and warns of a commodity catastrophe". THE NEW NATIONAL CURRENCY IN LOWER DENOMINATIONS WILL AVOID A CATASTROPHE!
5-22-2023 Newshound/Intel Guru Walkingstick [via Frank26] This transition from USDs to IQDs in the country of Iraq can only work with a different exchange rate. The program rate is being officially removed.
5-22-2023 Guru Nader From The Mid East I'm upset. I got bad news for you guys. I'm really heart broken. It is what it is. The truth hurts. The reality is very painful. There's no rate change in the budget. There's no RV's happening tomorrow or this week with the budget. I'm sad but what do you want to do. It's life. The good news on the budget, there's no law can stop the RV...In the budget they put this law they can change the exchange rate anytime...I want to be 100% wrong believe me. I hope I'm wrong...I think it's gonna be good though. It's gonna be good. Let's see what going on...
5-22-2023 Newshound Guru Pimpy ...people trying to claim there's a in-country rate and out of country rate...there's not going to be one that's for out of country and one that's for in country. The only time you're going to see...them talk about two exchange rates are the parallel exchange rates. All that is is the difference between what the government says the exchange rate is and ...what the parallel (black market) rate is. So it's what people are willing to give you on the streets versus what the officials are willing to give you in the bank.
5-22-2023 Newshound Guru Militia Man Article: "Banknote of 50 Iraqi dinars must be printed" Right now their lowest currency is 250. This article is suggesting...a 50 or say 100...To have smaller denominations tells you there's going to be an increase in the value to the currency - to have a need for those small currencies... Article Quote "...we're in an economic crisis so we must hasten to find a solution." ...they're openly talking about small category notes. Not all of them. They just give reference to the 50 and the 100 which is a step in the right direction.
5-22-2023 Intel Guru MarkZ [via PDK] In Iraq “A special session to vote on the budget on Monday” they are working on it as we speak. I was hoping we would have had the quick rubber stamp on it by this morning…but nothing yet...We told you last week that the new rate may not be in the budget…what is important is the mechanism is in the budget to change the rate whenever they need to. Things are looking great everyone…absolutely nothing negative. Many conversations on Iraq over the weekend on lower denominations. How they need something lower than the 250 dinar note. They talk about re-establishing the 50 dinar note...Why do they need smaller notes if they have coins? It means they are preparing to change their value...
5-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are now talking on News Channel One how we need to print a note lower than the 250 notes that we have now. Something like a 50 note. They are suggesting that would in long term lower the prices of food and goods having lower denomination notes... FRANK: This is the new national currency we have been telling you about...it's going to start with the lower notes...The program rate cannot function with the lower notes but they are introducing them to you? Remember when they got rid of the 50 note a few years ago? ...They got rid of them because they were pointless at a program rate...Now they're going to give you something under the 250? ...because they're going to change the exchange rate...things are coming together very nicely...
5-22-2023 Newshound/Intel Guru Mnt Goat Article quote: “an unprecedented reconstruction campaign led by Prime Minister Muhammad Shia al-Sudani in the capital, Baghdad, in particular, and Iraq in general, stressing that the general view of Iraq now has become optimistic.” ...for years I have been saying when will they get serious about the reconstruction of the war-torn Iraq? I also said that when they do, we will then most likely see the dinar reforms we need and the reinstatement shortly following. This does not mean the reconstruction has to be completed but only budgeted and the budget passed and opened. They must show Washington they are serious this time. Iraq must be STABLE and SECURE to get the reinstatement.
5-22-2023 Intel Guru RayRen98 IS IT TIME FOR ANOTHER RATE CHANGE FOR THE DINAR? ...HMMMMMMMMM ...TIME WILL TELL...ANY DAY NOW!!!
5-22-2023 Newshound Guru Clare Article: "The Iraqi Stock Exchange achieves the first place in the Arab world in terms of daily trading volume and rate" Quote: "the Iraqi Stock Exchange achieved the first place as the best market in daily trading (trading volume) and the daily average number of shares traded for the year 2022"
5-22-2023 Intel Guru MarkZ [via PDK] “Budget 2023-politial consensus and parliamentary disagreement - when will it pass?” The people in Iraq want to know when the budget will pass. They want you to know they are meeting over the next few days and they are going to grind through the budgetary process. Personally I think this is all show and they have already approved it. And for whatever reason they are trying to buy a few more days before they let it go. The question is WHY? That’s the question I am asking myself.
5-22-2023 Intel Guru Frank26 Article: "Economist: The Central Bank is working on issuing new cash... and warns of a commodity catastrophe". THE NEW NATIONAL CURRENCY IN LOWER DENOMINATIONS WILL AVOID A CATASTROPHE!
5-22-2023 Newshound/Intel Guru Walkingstick [via Frank26] This transition from USDs to IQDs in the country of Iraq can only work with a different exchange rate. The program rate is being officially removed.
5-22-2023 Guru Nader From The Mid East I'm upset. I got bad news for you guys. I'm really heart broken. It is what it is. The truth hurts. The reality is very painful. There's no rate change in the budget. There's no RV's happening tomorrow or this week with the budget. I'm sad but what do you want to do. It's life. The good news on the budget, there's no law can stop the RV...In the budget they put this law they can change the exchange rate anytime...I want to be 100% wrong believe me. I hope I'm wrong...I think it's gonna be good though. It's gonna be good. Let's see what going on...
5-22-2023 Newshound Guru Pimpy ...people trying to claim there's a in-country rate and out of country rate...there's not going to be one that's for out of country and one that's for in country. The only time you're going to see...them talk about two exchange rates are the parallel exchange rates. All that is is the difference between what the government says the exchange rate is and ...what the parallel (black market) rate is. So it's what people are willing to give you on the streets versus what the officials are willing to give you in the bank.
5-22-2023 Newshound Guru Militia Man Article: "Banknote of 50 Iraqi dinars must be printed" Right now their lowest currency is 250. This article is suggesting...a 50 or say 100...To have smaller denominations tells you there's going to be an increase in the value to the currency - to have a need for those small currencies... Article Quote "...we're in an economic crisis so we must hasten to find a solution." ...they're openly talking about small category notes. Not all of them. They just give reference to the 50 and the 100 which is a step in the right direction.
5-22-2023 Intel Guru MarkZ [via PDK] In Iraq “A special session to vote on the budget on Monday” they are working on it as we speak. I was hoping we would have had the quick rubber stamp on it by this morning…but nothing yet...We told you last week that the new rate may not be in the budget…what is important is the mechanism is in the budget to change the rate whenever they need to. Things are looking great everyone…absolutely nothing negative. Many conversations on Iraq over the weekend on lower denominations. How they need something lower than the 250 dinar note. They talk about re-establishing the 50 dinar note...Why do they need smaller notes if they have coins? It means they are preparing to change their value...
5-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are now talking on News Channel One how we need to print a note lower than the 250 notes that we have now. Something like a 50 note. They are suggesting that would in long term lower the prices of food and goods having lower denomination notes... FRANK: This is the new national currency we have been telling you about...it's going to start with the lower notes...The program rate cannot function with the lower notes but they are introducing them to you? Remember when they got rid of the 50 note a few years ago? ...They got rid of them because they were pointless at a program rate...Now they're going to give you something under the 250? ...because they're going to change the exchange rate...things are coming together very nicely...
5-22-2023 Newshound/Intel Guru Mnt Goat Article quote: “an unprecedented reconstruction campaign led by Prime Minister Muhammad Shia al-Sudani in the capital, Baghdad, in particular, and Iraq in general, stressing that the general view of Iraq now has become optimistic.” ...for years I have been saying when will they get serious about the reconstruction of the war-torn Iraq? I also said that when they do, we will then most likely see the dinar reforms we need and the reinstatement shortly following. This does not mean the reconstruction has to be completed but only budgeted and the budget passed and opened. They must show Washington they are serious this time. Iraq must be STABLE and SECURE to get the reinstatement.
5-22-2023 Intel Guru RayRen98 IS IT TIME FOR ANOTHER RATE CHANGE FOR THE DINAR? ...HMMMMMMMMM ...TIME WILL TELL...ANY DAY NOW!!!
5-21-2023 Newshound Guru Clare Article "For the first time... two private Iraqi banks with assets exceeding two trillion dinars, and Asiacell achieving historic profits" Quote "... Asiacell Telecom Company in Iraq achieved historical profits amounting to more than 100 billion Iraqi dinars in the first quarter of the year 2023, with a growth rate of 60%...net profit growth of Zain Iraq, to reach about 40 billion dinars in the first quarter of 2023, an increase of 800% compared to the first quarter of 2022."
5-21-2023 Intel Guru Frank26 They'll all cross the finish line together - the new exchange rate, the budget, the HCL, the new small category notes, the coins, the ATMs and bring back all the electronic cards and everything that was canceled and frozen for a few days...
5-21-2023 Newshound Guru Kaperoni Community comment: "...If it [the dinar float] starts going up two or three hundred points a day or even a week I’m gonna empty my savings buying more..." It is my opinion you won't be able to buy any physical dinar. My guess is you'll be able to deposit your dinar in a dinar denominated account through a ECM/brokerage firm and trade electronically.
5-21-2023 Intel Guru Bruce [via WiserNow] ...I believe that we are sort of waiting for Iraq to put their rate out - And they're supposed to do that Sunday...Put the new rate out and tie that in with their ATM machines that are already loaded with the lower denominations...Now when the new rate comes out Sunday, which remember, Sunday is Iraq 's first business day of the week. So when it comes out Sunday they're starting business and all the ATM machines throughout Iraq will be activated. And working with the new rates for the lower denomination notes - dinar notes that are in those machines.
5-21-2023 Guru Nader From The Mid East The rate I don't know if it's gonna change or not to the budget but they're gonna have to change the rate. They have no choice...I don't know if it's gonna float internationally. I think it's gonna go straight reinstated to $3.38, $3.45 or whatever...
5-21-2023 Intel Guru Frank26 You can go to the CBI website and you'll see that it's still the same rate. There is no float occurring externally. It's not on Forex. It's not being traded anywhere internationally. We don't see the new small category notes yet. There is no new exchange rate to take it to 1 to 1 to de-peg...
5-21-2023 Newshound Guru Sandy Ingram Article: "First robot-powered factory opens in Iraq". This is really great news for Iraq. Iraq now has its first robot powered factory...the robots are from Germany. The investment commission and economist in Iraq are happy with the investment and believe this type of investment can provide a diversified stream of income for Iraq...
5-21-2023 Newshound Guru Pimpy I would love to see Iraq change the exchange rate again - lower it. Go from 1320 per dollar and bring it down to around 1100 [Note: going down in this instance is good for dinar investors]. By doing that this allows Iraqi dinar to be stronger so when they're importing goods they get to buy more goods with their dinars. People would want more of the dinars than they would the U.S. dollar. It think it would be a good move. It's not a huge increase...they were at 1190. I'll just get it back down to 1100 and see what happens from there...
5-21-2023 Newshound Guru Clare Article: "Saleh: The insurance law allows employees to transfer to the private sector with all their pension rights" Quote: "...the approval of the Social Security and Retirement Law for Workers...has become one of the most important pillars of building the social market in Iraq, pointing out that the law will allow state employees to transfer their full pension rights to the private sector and vice versa..."
5-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They told us on TV that the new social security law and the retirement law will be activated. It'll be activated after 90 of these laws are published in our Gazette... FRANK: Even those two things are being adjusted with a new exchange rate IMO...
5-21-2023 Newshound/Intel Guru Mnt Goat ...we can slowly see the fourth package of currency reforms being rolled out and long-term effects of it. This is simple economics 101 folks. Create a demand and the price of the item increases. This time we are talking RATE, the rate of the dinar. So, create the demand and people will pay what they need to pay for it. The CBI has already established a fair official rate of 1320 dinars per the dollar. They are now telling us they have matched the parallel market...Remember the value has been in the dinar all along. The value is based on assets and so when will the final global rate match the true value of the dinar? We wait for this day and its coming VERY SOON!
5-21-2023 Intel Guru Frank26 They'll all cross the finish line together - the new exchange rate, the budget, the HCL, the new small category notes, the coins, the ATMs and bring back all the electronic cards and everything that was canceled and frozen for a few days...
5-21-2023 Newshound Guru Kaperoni Community comment: "...If it [the dinar float] starts going up two or three hundred points a day or even a week I’m gonna empty my savings buying more..." It is my opinion you won't be able to buy any physical dinar. My guess is you'll be able to deposit your dinar in a dinar denominated account through a ECM/brokerage firm and trade electronically.
5-21-2023 Intel Guru Bruce [via WiserNow] ...I believe that we are sort of waiting for Iraq to put their rate out - And they're supposed to do that Sunday...Put the new rate out and tie that in with their ATM machines that are already loaded with the lower denominations...Now when the new rate comes out Sunday, which remember, Sunday is Iraq 's first business day of the week. So when it comes out Sunday they're starting business and all the ATM machines throughout Iraq will be activated. And working with the new rates for the lower denomination notes - dinar notes that are in those machines.
5-21-2023 Guru Nader From The Mid East The rate I don't know if it's gonna change or not to the budget but they're gonna have to change the rate. They have no choice...I don't know if it's gonna float internationally. I think it's gonna go straight reinstated to $3.38, $3.45 or whatever...
5-21-2023 Intel Guru Frank26 You can go to the CBI website and you'll see that it's still the same rate. There is no float occurring externally. It's not on Forex. It's not being traded anywhere internationally. We don't see the new small category notes yet. There is no new exchange rate to take it to 1 to 1 to de-peg...
5-21-2023 Newshound Guru Sandy Ingram Article: "First robot-powered factory opens in Iraq". This is really great news for Iraq. Iraq now has its first robot powered factory...the robots are from Germany. The investment commission and economist in Iraq are happy with the investment and believe this type of investment can provide a diversified stream of income for Iraq...
5-21-2023 Newshound Guru Pimpy I would love to see Iraq change the exchange rate again - lower it. Go from 1320 per dollar and bring it down to around 1100 [Note: going down in this instance is good for dinar investors]. By doing that this allows Iraqi dinar to be stronger so when they're importing goods they get to buy more goods with their dinars. People would want more of the dinars than they would the U.S. dollar. It think it would be a good move. It's not a huge increase...they were at 1190. I'll just get it back down to 1100 and see what happens from there...
5-21-2023 Newshound Guru Clare Article: "Saleh: The insurance law allows employees to transfer to the private sector with all their pension rights" Quote: "...the approval of the Social Security and Retirement Law for Workers...has become one of the most important pillars of building the social market in Iraq, pointing out that the law will allow state employees to transfer their full pension rights to the private sector and vice versa..."
5-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They told us on TV that the new social security law and the retirement law will be activated. It'll be activated after 90 of these laws are published in our Gazette... FRANK: Even those two things are being adjusted with a new exchange rate IMO...
5-21-2023 Newshound/Intel Guru Mnt Goat ...we can slowly see the fourth package of currency reforms being rolled out and long-term effects of it. This is simple economics 101 folks. Create a demand and the price of the item increases. This time we are talking RATE, the rate of the dinar. So, create the demand and people will pay what they need to pay for it. The CBI has already established a fair official rate of 1320 dinars per the dollar. They are now telling us they have matched the parallel market...Remember the value has been in the dinar all along. The value is based on assets and so when will the final global rate match the true value of the dinar? We wait for this day and its coming VERY SOON!
5-20-2023 Newshound Guru Clare Article: "The opening of the first factory in Iraq that works with robots with international specifications" Quote: "...announced the opening of the first factory operating with robots for the production of high-performance adhesives and fluids in the construction industry,"
5-20-2023 Intel Guru MarkZ [via PDK] Redemption center folks are still on call…and on stand-by. I am hoping and praying we are about to cross the finish line.
5-20-2023 Intel Guru Frank26 Articles about worldwide leaders, their investments in Iraq, their economic explosion. Only because of the success of the monetary reform...An article came out and said they have a quantum leap in their economic growth in Iraq. Only because of the quantum monetary reform. They say, follow the money, well in this case...follow the logic. All the things that you're seeing cannot be done at a program rate...they're constantly showing the world look what we have. Now they need to show the citizens look what you have too. And it's coming.
5-20-2023 Newshound Guru CharlieOK .47 for the dong in 2023 is a joke. It was worth $2 plus in the 1950's. The economy of VN then and now are light years apart.
5-20-2023 Newshound Guru Henig Article: "Vietnamese đồng one of most stable currencies in Asia: Experts" Quote: "Experts from VNDirect forecast that Việt Nam's foreign exchange reserves will recover to reach $102 billion by the end of this year."
5-20-2023 Newshound Guru Militia Man The parallel market prompted the government to impose dealings in dinars by force by taking legal ramifications. In other words anybody that's out there now using dollars to do trade is going to be considered a problem.
5-20-2023 Newshound Guru Deepwoodz Some have said... “How can Iraq afford to come out with such a high exchange rate of 3+ ? How can they afford to pay out to all the other holders of dinars in the world and stay wealthy?” That answer is simple and also explains how their budget can be so big. They don’t actually “pay” it out. The world is in agreement ie..the IMF, the World Bank, and all the other countries who hold dinar, that their currency should be 3+. Who holds the most dinar, soon the most valuable currency in the world? IRAQ DOES.
5-20-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have been told for weeks that the budget will be approved with no problem but they keep backing it up and it seems to be something big is up. We knowing about the HCL is part of the budget so we know it's not going to be like other budgets. We know we're going to be getting ours as well. Something is happening... FRANK: Yeah! It's kind of like the tremors just before the major eruption of the volcano.
5-20-2023 Newshound Guru Clare Article: "Korean parliamentary delegation: Iraq today is more secure, stable and prosperous..and we will recommend to the government to lift the travel ban to it"
5-20-2023 Intel Guru MarkZ [via PDK] “Parliamentary Finance completes voting on the paragraphs of the budget law” They are passing and approving sections of the budget law before the pass the whole thing-which I am being told is still expected tomorrow.. Mostly theatre right now imo…they told us we would see this over the weekend and we are indeed seeing it. Expectations are for an early vote tomorrow to officially pass the budget. We are hopeful with the HCL in the budget that we will quickly see a rate change . There is a mechanism in the budget to quickly adjust the value. This is a very important thing that tells us they are planning to change the value.
5-20-2023 Newshound Guru Pimpy A floating exchange rate is a type of exchange rate regime wherein a country's value is allowed to freely fluctuate according to the Foreign Exchange Market...Iraq is not allowed to play with the big boys - not yet...Until Forex recognizes Iraqi dinar...they're not going to be a floating exchange rate...a Pegged exchange rate system is a currency system in which governments try to maintain their currency value consistent against a specific currency...The Iraqi dinar is pegged to the US dollar. So it's fixed...A dirty float is when...it will freely fluctuate but if it gets out of whack the government interferes... [Post 2 of 2]
5-20-2023 Newshound Guru Pimpy People are trying to figure out whether the Iraqi dinar is floating, pegged, what are these terms, what does it mean? ..Iraq is a fixed (pegged) currency. It's not a float. It's not a dirty float. It's not floating at all...It's 1320 dinar for every 1 US dollar. They're pegged to the U.S. dollar...It's not floating in country. It's not floating out of country. There's no two exchange rates. Let's go through what these are... [Post 1 of 2....stay tuned]
5-20-2023 Intel Guru Frank26 The budget they say they will supposedly have it done by Saturday. Now they're saying well maybe the early part of next week. I don't care. I sincerely do not because the new exchange rate does not wait for anything. The budget waits for the new exchange rate. Why isn't the new exchange rate out?
5-20-2023 Intel Guru yada A lot of moving parts that are coordinated. The budget is to be voted on tomorrow [Saturday]. The rate release almost simultaneously, and the debit and credit cards were shut down on Thursday for a couple of days and many believe to readjust the rate with the CBI...
5-20-2023 Intel Guru MarkZ [via PDK] Article: “Iraq builds social security system to protect workers” They are building long term infrastructure. They are behaving as if they were 100% ready to go. The latest I am hearing in Iraq they expect the budget announcement on Sunday now. I am still of the belief that it is done. My redemption center folks are on call this weekend on a “shortened” call in time. They are negotiating each contract with contractors separately right now and rates are fluctuating. To me this means we are in a float. Because of what contractors are telling me – I know we are close... We have never, ever been this close before...My contacts in Iraq have a lot of expectations for this weekend.
5-20-2023 Intel Guru MarkZ [via PDK] Redemption center folks are still on call…and on stand-by. I am hoping and praying we are about to cross the finish line.
5-20-2023 Intel Guru Frank26 Articles about worldwide leaders, their investments in Iraq, their economic explosion. Only because of the success of the monetary reform...An article came out and said they have a quantum leap in their economic growth in Iraq. Only because of the quantum monetary reform. They say, follow the money, well in this case...follow the logic. All the things that you're seeing cannot be done at a program rate...they're constantly showing the world look what we have. Now they need to show the citizens look what you have too. And it's coming.
5-20-2023 Newshound Guru CharlieOK .47 for the dong in 2023 is a joke. It was worth $2 plus in the 1950's. The economy of VN then and now are light years apart.
5-20-2023 Newshound Guru Henig Article: "Vietnamese đồng one of most stable currencies in Asia: Experts" Quote: "Experts from VNDirect forecast that Việt Nam's foreign exchange reserves will recover to reach $102 billion by the end of this year."
5-20-2023 Newshound Guru Militia Man The parallel market prompted the government to impose dealings in dinars by force by taking legal ramifications. In other words anybody that's out there now using dollars to do trade is going to be considered a problem.
5-20-2023 Newshound Guru Deepwoodz Some have said... “How can Iraq afford to come out with such a high exchange rate of 3+ ? How can they afford to pay out to all the other holders of dinars in the world and stay wealthy?” That answer is simple and also explains how their budget can be so big. They don’t actually “pay” it out. The world is in agreement ie..the IMF, the World Bank, and all the other countries who hold dinar, that their currency should be 3+. Who holds the most dinar, soon the most valuable currency in the world? IRAQ DOES.
5-20-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have been told for weeks that the budget will be approved with no problem but they keep backing it up and it seems to be something big is up. We knowing about the HCL is part of the budget so we know it's not going to be like other budgets. We know we're going to be getting ours as well. Something is happening... FRANK: Yeah! It's kind of like the tremors just before the major eruption of the volcano.
5-20-2023 Newshound Guru Clare Article: "Korean parliamentary delegation: Iraq today is more secure, stable and prosperous..and we will recommend to the government to lift the travel ban to it"
5-20-2023 Intel Guru MarkZ [via PDK] “Parliamentary Finance completes voting on the paragraphs of the budget law” They are passing and approving sections of the budget law before the pass the whole thing-which I am being told is still expected tomorrow.. Mostly theatre right now imo…they told us we would see this over the weekend and we are indeed seeing it. Expectations are for an early vote tomorrow to officially pass the budget. We are hopeful with the HCL in the budget that we will quickly see a rate change . There is a mechanism in the budget to quickly adjust the value. This is a very important thing that tells us they are planning to change the value.
5-20-2023 Newshound Guru Pimpy A floating exchange rate is a type of exchange rate regime wherein a country's value is allowed to freely fluctuate according to the Foreign Exchange Market...Iraq is not allowed to play with the big boys - not yet...Until Forex recognizes Iraqi dinar...they're not going to be a floating exchange rate...a Pegged exchange rate system is a currency system in which governments try to maintain their currency value consistent against a specific currency...The Iraqi dinar is pegged to the US dollar. So it's fixed...A dirty float is when...it will freely fluctuate but if it gets out of whack the government interferes... [Post 2 of 2]
5-20-2023 Newshound Guru Pimpy People are trying to figure out whether the Iraqi dinar is floating, pegged, what are these terms, what does it mean? ..Iraq is a fixed (pegged) currency. It's not a float. It's not a dirty float. It's not floating at all...It's 1320 dinar for every 1 US dollar. They're pegged to the U.S. dollar...It's not floating in country. It's not floating out of country. There's no two exchange rates. Let's go through what these are... [Post 1 of 2....stay tuned]
5-20-2023 Intel Guru Frank26 The budget they say they will supposedly have it done by Saturday. Now they're saying well maybe the early part of next week. I don't care. I sincerely do not because the new exchange rate does not wait for anything. The budget waits for the new exchange rate. Why isn't the new exchange rate out?
5-20-2023 Intel Guru yada A lot of moving parts that are coordinated. The budget is to be voted on tomorrow [Saturday]. The rate release almost simultaneously, and the debit and credit cards were shut down on Thursday for a couple of days and many believe to readjust the rate with the CBI...
5-20-2023 Intel Guru MarkZ [via PDK] Article: “Iraq builds social security system to protect workers” They are building long term infrastructure. They are behaving as if they were 100% ready to go. The latest I am hearing in Iraq they expect the budget announcement on Sunday now. I am still of the belief that it is done. My redemption center folks are on call this weekend on a “shortened” call in time. They are negotiating each contract with contractors separately right now and rates are fluctuating. To me this means we are in a float. Because of what contractors are telling me – I know we are close... We have never, ever been this close before...My contacts in Iraq have a lot of expectations for this weekend.
5-19-2023 Newshound Guru Pimpy I like the fact that Iraq is pushing more and more for the citizens to solely use the Iraqi dinar...That will allow the Iraqi dinar to strengthen and you're going to start seeing little by little increases in the value of the Iraqi dinar. It's going to be in increments. As much as I would love, just like everybody else, to see this huge change in the dinar value overnight, that's not going to happen. Everything is being done at a very deliberate pace. I'm excited about it. There are some great things happening in Iraq....
5-19-2023 Intel Guru Bruce [via WiserNow] ...on Saturday, is what they're calling exposure of the 2023 budget for Iraq...Now, will that make the Gazette on Saturday – printed version? It could - I don't know. I don't know if they're gonna put the whole budget in it or not, but the budget is supposed to be exposed on Saturday, so big weekend, right now, for Iraq.
5-19-2023 Intel Guru Frank26 I've told you a billion times, the exchange rate waits for nobody, for nothing. The budget waits for the exchange rate... The budget is ready to come out, now you're telling the Iraqi citizens you can't use your cards, the American dollar? We certainly can't use the worthless 3-zero notes either...you tell us that the budget is coming out, you tell us we're going to get our money from the HCL, you're telling us that there's going to be a new exchange rate for lower notes that you're going to be give us...well give me! ...this is perfect timing.
5-19-2023 Intel Guru MarkZ [via PDK] Member comment: "[Guru] Frank26 said... [See Guru Frank26 Firefly report Post below] that the electronic payment system in Iraq was suspended for 2 days. Including KYC cards, electronic payment cards , Visa, Masterccard due to upcoming CBI electronic payment changes." MarkZ: ...I think it’s an excellent sign that we are daggone close.
5-19-2023 Intel Guru Bruce [via WiserNow] I think we are finally at the end and we should be getting some notifications. I don't know that I sweat Saturday or even Sunday. But it's conceivable to come out over the weekend or Monday...But I think by the by Tuesday of next week you should be smiling...
5-19-2023 Newshound/Intel Guru Walkingstick Article: "For the first time in Iraq...planning to stable a 'huge' financial center in a southern governorate" This is talking about Iraq becoming a financial center and economic hub in the Middle East and around the world. This article talks about world banks pouring into the CBI/Iraq.
5-19-2023 Newshound Guru Militia Man They talked about the exchange rate changing to an another official exchange rate potentially because of the approval of the budget. They've approved it so far but they haven't voted on it...
5-19-2023 Newshound Guru Pimpy There's something going on with the exchange rate...I would love to see the Iraqi dinar increase in value slightly. I don't think it's a big move but there is talk about it. We'll see what happens...
5-19-2023 Intel Guru MarkZ [via PDK] There are meetings going on with the UN in Iraq as they talk about all the changes as they are looking to change their values....I am hearing phenomenal things about the weekend. Hearing phenomenal things about the possibility of an announcement in Iraq tomorrow. Stay calm...We are all praying its accurate this time. Everything continues to be very positive.
5-19-2023 Guru Nader From The Mid East Today it seems weird. They stopped all electronic transaction in Iraq. They stopped them all and we don't know why.
5-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All of our cards like MasterCard and Visa card and key cards...are suspended all of a sudden...they're saying due to changes in the CBI. Something is going on. And they say they'll be back up in a couple of days...This is all falling together nicely and it seems to be for this weekend. FRANK: If they have reached the budget...and they're going to come out this weekend with it, then it makes sense doesn't it that everything else now has to freeze for the budget to come out with a new exchange rate that will be calculated into your cards, loans, accounts, daily life, your new lower denominated notes...let's see what happens...
5-19-2023 Newshound/Intel Guru Mnt Goat ...Yes, they did vote on many provisions of the budget...Wednesday but did not complete it. The committee is now meeting to vote on its paragraphs and will be completed within the next few days. ...the committee has reached the final stages of resolving the general budget law and we can expect it very soon. Remember also this would be something that Iraq has never done before. First of all a three year budget and second actually open it officially for projects to reconstruct their country. WOW!
5-19-2023 Intel Guru Bruce [via WiserNow] ...on Saturday, is what they're calling exposure of the 2023 budget for Iraq...Now, will that make the Gazette on Saturday – printed version? It could - I don't know. I don't know if they're gonna put the whole budget in it or not, but the budget is supposed to be exposed on Saturday, so big weekend, right now, for Iraq.
5-19-2023 Intel Guru Frank26 I've told you a billion times, the exchange rate waits for nobody, for nothing. The budget waits for the exchange rate... The budget is ready to come out, now you're telling the Iraqi citizens you can't use your cards, the American dollar? We certainly can't use the worthless 3-zero notes either...you tell us that the budget is coming out, you tell us we're going to get our money from the HCL, you're telling us that there's going to be a new exchange rate for lower notes that you're going to be give us...well give me! ...this is perfect timing.
5-19-2023 Intel Guru MarkZ [via PDK] Member comment: "[Guru] Frank26 said... [See Guru Frank26 Firefly report Post below] that the electronic payment system in Iraq was suspended for 2 days. Including KYC cards, electronic payment cards , Visa, Masterccard due to upcoming CBI electronic payment changes." MarkZ: ...I think it’s an excellent sign that we are daggone close.
5-19-2023 Intel Guru Bruce [via WiserNow] I think we are finally at the end and we should be getting some notifications. I don't know that I sweat Saturday or even Sunday. But it's conceivable to come out over the weekend or Monday...But I think by the by Tuesday of next week you should be smiling...
5-19-2023 Newshound/Intel Guru Walkingstick Article: "For the first time in Iraq...planning to stable a 'huge' financial center in a southern governorate" This is talking about Iraq becoming a financial center and economic hub in the Middle East and around the world. This article talks about world banks pouring into the CBI/Iraq.
5-19-2023 Newshound Guru Militia Man They talked about the exchange rate changing to an another official exchange rate potentially because of the approval of the budget. They've approved it so far but they haven't voted on it...
5-19-2023 Newshound Guru Pimpy There's something going on with the exchange rate...I would love to see the Iraqi dinar increase in value slightly. I don't think it's a big move but there is talk about it. We'll see what happens...
5-19-2023 Intel Guru MarkZ [via PDK] There are meetings going on with the UN in Iraq as they talk about all the changes as they are looking to change their values....I am hearing phenomenal things about the weekend. Hearing phenomenal things about the possibility of an announcement in Iraq tomorrow. Stay calm...We are all praying its accurate this time. Everything continues to be very positive.
5-19-2023 Guru Nader From The Mid East Today it seems weird. They stopped all electronic transaction in Iraq. They stopped them all and we don't know why.
5-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All of our cards like MasterCard and Visa card and key cards...are suspended all of a sudden...they're saying due to changes in the CBI. Something is going on. And they say they'll be back up in a couple of days...This is all falling together nicely and it seems to be for this weekend. FRANK: If they have reached the budget...and they're going to come out this weekend with it, then it makes sense doesn't it that everything else now has to freeze for the budget to come out with a new exchange rate that will be calculated into your cards, loans, accounts, daily life, your new lower denominated notes...let's see what happens...
5-19-2023 Newshound/Intel Guru Mnt Goat ...Yes, they did vote on many provisions of the budget...Wednesday but did not complete it. The committee is now meeting to vote on its paragraphs and will be completed within the next few days. ...the committee has reached the final stages of resolving the general budget law and we can expect it very soon. Remember also this would be something that Iraq has never done before. First of all a three year budget and second actually open it officially for projects to reconstruct their country. WOW!
5-18-2023 Newshound Guru Pimpy Article: "Iraq and America discuss prospects for bilateral cooperation in the field of oil and energy" Of course we like to hear this...This is where the United States has Iraq by the short and fuzzies...the United States still controls a lot of what Iraq has including the Development Fund which is part of that executive order 13303.
5-18-2023 Intel Guru Frank26 IMO in these last few days of the budget being finalized they are reformulating the budget for the new exchange rate.
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5-18-2023 Intel Guru MarkZ [via PDK] Bankers are prepared for it to go anywhere from this evening to Monday morning. They are very excited.
5-18-2023 Newshound Guru Clare Article: "The European Bank for "Reconstruction and Development" is expanding in Iraq " Quote: "The European Bank for Reconstruction and Development announced, on Thursday, the shareholders' approval of the bank's expansion in Iraq and Africa, while confirming a study of a proposal to increase the capital by between three and five billion euros."
5-18-2023 Newshound Guru Militia Man Parliament is likely to vote on the budget law next Saturday. We heard that they were going to possibly do this on the 10th. Then they said they possibly do it on the 17th and then...they moved it to Saturday...the 2023-34 budget is like a chess piece. They're moving them back and forth back and forth - why? Because they're waiting on something...an exchange rate change. That's what I believe is happening.
5-18-2023 Newshound Guru Breitling Question: "Have you seen the Iraqi Parliament take any more action steps that you thought would be required before they actually have an RV?" No. They've done everything they need to do. They did that about a year and a half ago. There is nothing, no laws they can pass, all their banking restricting them, being compliant to the IMF, they're 100% compliant. So it's whenever they want to do it. Literally someone can wake up and hit the switch. That's it. There is no more policy [needed].
5-18-2023 Intel Guru Frank26 Article: "Temporarily suspending international financial transactions for MasterCard cards" A PAUSE TO RESUME WITH A DIFFERENT EXCHANGE RATE.
5-18-2023 Newshound Guru Kaperoni There's been a lot of talk and a lot of decisions lately to encourage investment. Parliament still hasn't passed any significant legislation including the budget, stalled laws, etc...There are improvements going on in Iraq in they are making progress towards diversifying their economy but all of these steps take time. Hopefully things will continue to improve over the next year or so.
5-18-2023 Guru Nader From The Mid East We're waiting for the US Treasury for what they're gonna say, what they're gonna do. It's their decision now. Everything has been done by the book. The dollar has been banned... Now everybody can buy dollars now only if you need them.
5-18-2023 Newshound Guru Pimpy Iraq is starting to...stop being a dual currency country. In other words you can't use both US dollars and the dinar. They want to go down to where people can only use the dinar...This...reduces people wanting to go into the black market because the penalties can be very severe...if you want to protect your currency just deal with the Iraqi dinar. It'll grow in value. It'll grow in strength as people exclusively us the dinar. Think supply and demand.
5-18-2023 Intel Guru Frank26 I know we were looking for Tuesday or Wednesday for the budget to be completed and it should have been but look it's the Middle East. You already know nothing happens quickly in the Middle East. That's just the way it goes. That's a fact of the Middle East...Don't get frustrated. Don't get angry about it. Remove the frustration and replace it with a focus of the truth, the truth that they are telling the citizens what is about to happen with their currency, with their monetary reform.
5-18-2023 Newshound Guru Clare Article: "The Central Bank disables all electronic payment cards.. and a source of {Euphrates News} explains" Quote: "Master Card and [Suge] have been suspended, including palm cards, pending instructions from the Central Bank," noting that "most of the cards issued in Iraq are suspended due to a change in the central bank's system and may return to work in the next two days."
5-18-2023 Newshound/Intel Guru Mnt Goat I have to say it is all very good and the CBI and GOI are working together to move in the direction they need to take for us to very possibly see the reinstatement back to FOREX (Foreign Currency Exchange) by June or about. There are no obstacles. They must have a budget passed and in place. Also they must have agreements for the oil and gas law... we may be in the window to finally see this RV to the end... We will just have to sit tight and wait this one out.
5-18-2023 Intel Guru MarkZ [via PDK] “CBI sells +$216 million in forex on Monday” This just means they sucked a tremendous amount of dinar off the streets. From foreign people trading things and buying things. $216 million in USD is $281 Billion in Iraqi dinar that was pulled off the streets. We are watching them do everything they need to do to increase the value of the dinar…they are preparing for it.
5-17-2023 Newshound Guru Pimpy It's the same gibberish going on out there. How many millions of different times can you say that we're just waiting for the budget to be approved?
5-17-2023 Intel Guru Frank26 When you see all the things they're doing you can't help but scratch your head, how? Your currency is worth nine tenths of a penny compared to the American dollar. How? ...These next few days when they open up the budget it's going to open up a new chapter.
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5-17-2023 Newshound Guru Clare Article: "Al-Rafidain directs the collection of taxes and customs fees in Iraqi dinars" Quote: "Al-Rafidain Bank directed its branches at the border crossings to collect taxes and customs fees in Iraqi dinars instead of dollars...The bank also decided that the receipt of the stamp fee will be in Iraqi dinars, noting that this step is in support of the national economy and strengthening the currency of the Iraqi dinar."
5-17-2023 Intel Guru MarkZ [via PDK] No news from bankers...They are being leaned on to be exceptionally quiet. They did have expectations for yesterday and this morning…they feel like they are on a minute by minute watch. Even my redemption center contacts are watching minute to minute right now. I hope it is accurate and really that close.
5-17-2023 Newshound/Intel Guru Walkingstick [Response to Frank26's FIREFLY HCL in the budget report below] Not at a program rate. It will not work with the accounting. The knowledge of the HCL in the budget is not a clue or a hint about a new exchange rate, it is a fact of the monetary reform education to the citizens.
5-17-2023 Newshound Guru Deepwoodz When Iraq initially changed the rate to 1310, it showed up for the first time internationally March 28. At least on the two boards I can see. From that point, it would be 1310 for a day or two then back to 1460 for two or three days and then repeat that cycle until May 2. May 2 it was 1460 and changed to 1311 on May 3. Wednesday May 3 to now…. it has flatlined at approximately 1310. I think this could be considered stable. Next step please!
5-17-2023 Newshound Guru Pimpy Yes, I heard there's an extension to executive order 13303 and everybody's losing their mind. 'This must mean something. What is it Pimpy? Has something to do with the dinar.' ... No it doesn't say anything about the currency...the executive order that was signed that everybody keeps talking about it allows you to invest in the country...it's the American's way of protecting the money that has been generated from oil and gas revenues over in Iraq...
5-17-2023 Intel Guru Frank26 Article: "Iraqis banned from trading in US dollar" They banned the American dollar. They can't use any foreign currency inside of Iraq. What does that tell you? They're preparing to introduce their new national currency paper along with a new exchange rate to match it. They're called lower denominations.
5-17-2023 Newshound Guru Sandy Ingram Article: "The governor of the Central Bank comments on the recent rise in the dollar exchange rate" He pointed out that those who go to buy dollar from he black market...may experience problems in the transactions they make. It sounds as if Iraq got the message loud and clear from the United States...We do not know how this will affect the exchange rate in the future...
5-17-2023 Intel Guru MarkZ [via PDK] What we are seeing and what people on the streets over there are telling me (people that live there and work there) is that they are seeing a very wide floating range...1100-1150 is what many are insisting on. Even contractors who get paid from one day to the next are having to renegotiate their rate because it is constantly changing. It is floating, changing and moving. Is it officially on a float…according to the CBI - no. But according to people on the streets who are experiencing the float - yes.
5-17-2023 Newshound Guru Pimpy Article: "Central Bank attributes the reduction of the dollar exchange rate to the increase in cash reserves and electronic platform" What the cash reserves do, it allows them to flood the market with a competing currency therefore driving down the exchange rate slightly [NOTE: Down in this instance is good for dinar investors] . In this case Iraq's parallel Market, people were given up quite a bit of dinar to get the U.S. dollar. And what that does is affect the official rate.
5-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're talking about how the oil and gas laws are in the budget. FRANK26: Wow HCL! No wonder you're not using the dollar.
5-17-2023 Intel Guru MarkZ [via PDK] “Iraqi stock exchange achieves the first place in the Arab world in the volumn and rate of daily trading.” This is huge. Iraq is positioning itself to be the cultural hub of the middle east. Unseating Saudi Arabia, Qutar and the entire region...this tells us where Iraq is heading in terms of a valuable currency.
5-17-2023 Newshound/Intel Guru RVAlready It would now seem the RV is in the hands of the CBI, and no longer waiting on anything from parliament. Hopefully, we will see an RI/RV release soon!!!
5-16-2023 Newshound Guru Clare Article: "Campaign to support the Iraqi dinar" launched in Diyala" Quote: "...the Organized Crime Director announced the implementation of a major campaign, in cooperation with the Diyala Police, to deal in dinars instead of dollars."
5-16-2023 Newshound/Intel Guru Mnt Goat Article: "POLITICAL AGREEMENT TO PASS THE BUDGET LAW IN THE NEXT FEW DAYS" Quote: "...most of the political forces, finally agreed to pass the budget law this week without putting any obstacles.” They are aiming to take a vote on May 17th tomorrow.
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5-16-2023 Intel Guru Frank26 Article: "The government eliminates the hopes of speculators with its new procedures regarding the circulation of the dollar". THE CBI SAYS THE AMERICAN DOLLAR IS NO LONGER WELCOME IN IRAQ!!! BECAUSE THEY NOW HAVE THEIR OWN NATIONAL CURRENCY TO BE INTRODUCED, THANK YOU FOR THE MARSHALL PLAN.
5-16-2023 Newshound/Intel Guru Walkingstick [via Frank26] It's all being set up to eventually say to the American dollar bye-bye. Everything you're seeing right now is doing exactly that. They are pegged to the American dollar, then supply and demand will determine the rate based on the tight bands of + - 2% compliance.
5-16-2023 Newshound Guru Sandy Ingram Article: "Iraqis banned from dealing in US dollars" Quote: "Government warns of punishments as it tries to control currency crisis that has let to price rise...the surprise announcement ...reflects an attempt to close the gap between the official exchange rate and that on the black market..."
5-16-2023 Newshound Guru Militia Man I believe we are watching Iraq go international.
5-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: I went to go see my bank friend. He said in his opinion we should see a rate just prior to the budget being opened...it make more sense he said to do it before or when they open it. Either way it's coming to us. FRANK: Yes it's coming. The problem is we don't know exactly when. The timing will bring you the [lower] notes and the new exchange rate when it's proper. It looks like it's very soon...IMO he is absolutely correct. Either before or during or after. The key is it's coming!
5-16-2023 Intel Guru RayRen98 Multiple sources are excited TODAY and are expecting to see something happen...very soon!
5-16-2023 Newshound Guru Pimpy The representatives have accomplished their second reading of the federal budget and it looks like they're going to do a vote on the budget sometime around the middle of next week or so...if they continue to delay the vote on the budget it's going to make this particular government look bad...will it get passed? You hope, the sooner the better because there's a lot of projects out there that are waiting for funding. If they can get these projects going IMO you'd be looking at some great growth economically over in Iraq...
5-16-2023 Intel Guru MarkZ [via PDK] There is no turning this monkey back…It is out in the jungle and swinging around the world with new rates…so watch it... It is exciting news…we just do not know timing yet. But we do know-according to every single one of my sources that –the float has occurred and we are simply waiting for the process to lock in our much preferred new rates. I am exceptionally excited. We don’t know exactly how it will roll out…we just know it is now rolling out. No more holding it back…it’s now out of the gate. There are rumors running around that I have not been able to substantiate yet…that this float within the next 2 days or so is projected to reach $1.61. That’s what some of my contracting sources think. [post 2 of 2]
5-16-2023 Intel Guru MarkZ [via PDK] Member comment: [Guru] Nader says the float has begun. MarkZ: Yes...and I am hearing it from multiple sources. And my contractors on the ground in Iraq also agree. I am hearing similar things from almost all my Iraqi sources that a float has commenced. One of my key intel people shared that what they believe we will see next is a few days of roller coaster style adjustments in foreign currency rates and then we will see the rate lock in for announcements and notifications. There was a a lot of conjecture early on that they would do it exactly this way…a float within country …then lock in…then BAM. As I understand it- that is the process right now. [post 1 of 2....stay tuned]
5-16-2023 Newshound Guru Clare Article: "Iraqis banned from trading in US dollar" Quote: "The Iraqi Ministry of Interior issued a ban...prohibiting traders and civilians from conducting business in the United States (US) dollar,"
5-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They say now we are banned from using dollar here and we will be held accountable if used dollar in any way.
5-16-2023 Guru Nader From The Mid East Something is happening this morning. The float has been started guys. It's floated and we see what's going on. For now everything is calm. Nothing is coming out. The budget will come out this week. Tomorrow I hope...they're gonna announce it. So get ready for everything...I want to say congratulations but not yet. Don't get all excited. Keep grounded and just wait...
5-16-2023 Newshound/Intel Guru Mnt Goat Article: "IRAQ IS EXPERIENCING AN UNPRECEDENTED PERIOD OF STABILITY" Go RV! Go RV! Yes, the STABILITY we all have been waiting for. Its here! This stability only came as a result that Al-Sudani is not going along with the goals of the Coordination Framework. Instead he realizes Iraq must progress forward and it is time. But these Framework politicians in Parliament are holding back and trying to delay once again...But we will see very soon what happens as June 1st is very near.
5-16-2023 Newshound/Intel Guru Mnt Goat Article: "POLITICAL AGREEMENT TO PASS THE BUDGET LAW IN THE NEXT FEW DAYS" Quote: "...most of the political forces, finally agreed to pass the budget law this week without putting any obstacles.” They are aiming to take a vote on May 17th tomorrow.
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5-16-2023 Intel Guru Frank26 Article: "The government eliminates the hopes of speculators with its new procedures regarding the circulation of the dollar". THE CBI SAYS THE AMERICAN DOLLAR IS NO LONGER WELCOME IN IRAQ!!! BECAUSE THEY NOW HAVE THEIR OWN NATIONAL CURRENCY TO BE INTRODUCED, THANK YOU FOR THE MARSHALL PLAN.
5-16-2023 Newshound/Intel Guru Walkingstick [via Frank26] It's all being set up to eventually say to the American dollar bye-bye. Everything you're seeing right now is doing exactly that. They are pegged to the American dollar, then supply and demand will determine the rate based on the tight bands of + - 2% compliance.
5-16-2023 Newshound Guru Sandy Ingram Article: "Iraqis banned from dealing in US dollars" Quote: "Government warns of punishments as it tries to control currency crisis that has let to price rise...the surprise announcement ...reflects an attempt to close the gap between the official exchange rate and that on the black market..."
5-16-2023 Newshound Guru Militia Man I believe we are watching Iraq go international.
5-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: I went to go see my bank friend. He said in his opinion we should see a rate just prior to the budget being opened...it make more sense he said to do it before or when they open it. Either way it's coming to us. FRANK: Yes it's coming. The problem is we don't know exactly when. The timing will bring you the [lower] notes and the new exchange rate when it's proper. It looks like it's very soon...IMO he is absolutely correct. Either before or during or after. The key is it's coming!
5-16-2023 Intel Guru RayRen98 Multiple sources are excited TODAY and are expecting to see something happen...very soon!
5-16-2023 Newshound Guru Pimpy The representatives have accomplished their second reading of the federal budget and it looks like they're going to do a vote on the budget sometime around the middle of next week or so...if they continue to delay the vote on the budget it's going to make this particular government look bad...will it get passed? You hope, the sooner the better because there's a lot of projects out there that are waiting for funding. If they can get these projects going IMO you'd be looking at some great growth economically over in Iraq...
5-16-2023 Intel Guru MarkZ [via PDK] There is no turning this monkey back…It is out in the jungle and swinging around the world with new rates…so watch it... It is exciting news…we just do not know timing yet. But we do know-according to every single one of my sources that –the float has occurred and we are simply waiting for the process to lock in our much preferred new rates. I am exceptionally excited. We don’t know exactly how it will roll out…we just know it is now rolling out. No more holding it back…it’s now out of the gate. There are rumors running around that I have not been able to substantiate yet…that this float within the next 2 days or so is projected to reach $1.61. That’s what some of my contracting sources think. [post 2 of 2]
5-16-2023 Intel Guru MarkZ [via PDK] Member comment: [Guru] Nader says the float has begun. MarkZ: Yes...and I am hearing it from multiple sources. And my contractors on the ground in Iraq also agree. I am hearing similar things from almost all my Iraqi sources that a float has commenced. One of my key intel people shared that what they believe we will see next is a few days of roller coaster style adjustments in foreign currency rates and then we will see the rate lock in for announcements and notifications. There was a a lot of conjecture early on that they would do it exactly this way…a float within country …then lock in…then BAM. As I understand it- that is the process right now. [post 1 of 2....stay tuned]
5-16-2023 Newshound Guru Clare Article: "Iraqis banned from trading in US dollar" Quote: "The Iraqi Ministry of Interior issued a ban...prohibiting traders and civilians from conducting business in the United States (US) dollar,"
5-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They say now we are banned from using dollar here and we will be held accountable if used dollar in any way.
5-16-2023 Guru Nader From The Mid East Something is happening this morning. The float has been started guys. It's floated and we see what's going on. For now everything is calm. Nothing is coming out. The budget will come out this week. Tomorrow I hope...they're gonna announce it. So get ready for everything...I want to say congratulations but not yet. Don't get all excited. Keep grounded and just wait...
5-16-2023 Newshound/Intel Guru Mnt Goat Article: "IRAQ IS EXPERIENCING AN UNPRECEDENTED PERIOD OF STABILITY" Go RV! Go RV! Yes, the STABILITY we all have been waiting for. Its here! This stability only came as a result that Al-Sudani is not going along with the goals of the Coordination Framework. Instead he realizes Iraq must progress forward and it is time. But these Framework politicians in Parliament are holding back and trying to delay once again...But we will see very soon what happens as June 1st is very near.
5-15-2023 Newshound Guru Clare Article: "For the first time in 15 years, the dinar devours 30% of the (dollarized) car market in Iraq" Quote: "the return to the dinar will weaken the demand for buying dollars from the parallel market by up to 20%, which means reducing the demand for buying them and blocking the way for repeated speculation to raise prices and reap profits by some."
5-15-2023 Intel Guru MarkZ [via PDK] There is still good news coming from Iraq. Articles on banning the US dollar to finish the de-dollarization. This is important. When they pull the trigger they don’t want Iraqi citizens holding US dollars instead of dinar. We knew this was going to be a sign that we are close when they started de-dollarizing… We continue to get exceptionally positive news from contractors…
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5-15-2023 Intel Guru Frank26 All I want to know is what's inside of that piñata [budget]. It's loaded. What's inside of this cornucopia? ...I don't know but I hope it's a new exchange rate. I hope it's a launching point to a new exchange rate.
5-15-2023 Newshound Guru Sandy Ingram Article: "Customs achieves the highest revenue rate during the first quarter of 2023" Customs department is proving to be a high stream of income for Iraq in the first quarter of 2023. Revenues amounting to more than 214 billion dinars from custom duty collections. This equals around $163 million US dollar.
5-15-2023 Intel Guru MarkZ [via PDK] There is ...a lot of talk in Iraq about “Iraqi Parliament votes on largest financial budget in country’s history” ...its scheduled this week along with the HCL. My sources say HCL has already started. We are hopeful for a very exciting news week…including rates.
5-15-2023 Newshound Guru Pimpy If you're in the country and people prefer the US dollar they're willing to give up more Iraqi dinar to have the U.S. dollar. That's why there's a black market out there. That weakens the dinar. If you restrict the use of U.S. dollars then that means the demand for US dollars will decline and the demand for dinars will increase. This will give the value more to the Iraq dinar...I would love to see Iraq take the same approach that Russia has which is demanded everybody use Iraqi dinar to make purchases. This will seriously strengthen Iraqi dinar...[Post 2 of 2]
5-15-2023 Newshound Guru Pimpy Article: "Kurdistan in Baghdad's footsteps: Demands to use the dinar exclusively in the real estate and car market" This is a big move. If you want to boost the confidence and value of your currency you really have to get out of the habit of using dual currencies. We know over in Iraq they use Iraqi dinar as well as the U.S. dollar. People trust the U.S. dollar more than Iraqi dinar. If you take that option away from them and force them to start using the dinar it will strengthen the dinar especially in the exchange rate against the U.S. dollar. How does that work? [Post 1 of 2....stay tuned]
5-15-2023 Newshound Guru Clare Article: "Planning: The Iraqi private sector is starting to feel its right steps, with great investment opportunities" Quote: "One of the priorities of the government program is to support the investment and service movement in Iraq, by supporting and encouraging the private sector and investment."
5-15-2023 Newshound Guru Militia Man Why are they hiding the vote? Why are they hiding the 2023, 24, 25 budget if they're going to come out at 1310? ...It doesn't make make any sense...the 17th was suggested that they're going to have the vote...we all believe there's something that should happen from the CBI prior to that happening.
5-15-2023 Intel Guru MarkZ [via PDK] This week starts with a crazy amount of expectations. I am hearing that Iraq will be going at some point over the next week...praying we do not have much longer to wait.
5-15-2023 Intel Guru Frank26 We need to see another movement on the exchange rate - maybe 1100 or 1000. That's rather important. Will they do it just before they announce the budget? Will they do it after they announce the budget? ...lets see what happens by the end of this week...it has great potential for our investment no doubt. But what level is it taking us to?
5-15-2023 Intel Guru yada Im of the mind that we are going to see this rate release just before they pass the budget...The rate is the driver of the budget, not the other way around
5-15-2023 Intel Guru MarkZ [via PDK] There is still good news coming from Iraq. Articles on banning the US dollar to finish the de-dollarization. This is important. When they pull the trigger they don’t want Iraqi citizens holding US dollars instead of dinar. We knew this was going to be a sign that we are close when they started de-dollarizing… We continue to get exceptionally positive news from contractors…
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5-15-2023 Intel Guru Frank26 All I want to know is what's inside of that piñata [budget]. It's loaded. What's inside of this cornucopia? ...I don't know but I hope it's a new exchange rate. I hope it's a launching point to a new exchange rate.
5-15-2023 Newshound Guru Sandy Ingram Article: "Customs achieves the highest revenue rate during the first quarter of 2023" Customs department is proving to be a high stream of income for Iraq in the first quarter of 2023. Revenues amounting to more than 214 billion dinars from custom duty collections. This equals around $163 million US dollar.
5-15-2023 Intel Guru MarkZ [via PDK] There is ...a lot of talk in Iraq about “Iraqi Parliament votes on largest financial budget in country’s history” ...its scheduled this week along with the HCL. My sources say HCL has already started. We are hopeful for a very exciting news week…including rates.
5-15-2023 Newshound Guru Pimpy If you're in the country and people prefer the US dollar they're willing to give up more Iraqi dinar to have the U.S. dollar. That's why there's a black market out there. That weakens the dinar. If you restrict the use of U.S. dollars then that means the demand for US dollars will decline and the demand for dinars will increase. This will give the value more to the Iraq dinar...I would love to see Iraq take the same approach that Russia has which is demanded everybody use Iraqi dinar to make purchases. This will seriously strengthen Iraqi dinar...[Post 2 of 2]
5-15-2023 Newshound Guru Pimpy Article: "Kurdistan in Baghdad's footsteps: Demands to use the dinar exclusively in the real estate and car market" This is a big move. If you want to boost the confidence and value of your currency you really have to get out of the habit of using dual currencies. We know over in Iraq they use Iraqi dinar as well as the U.S. dollar. People trust the U.S. dollar more than Iraqi dinar. If you take that option away from them and force them to start using the dinar it will strengthen the dinar especially in the exchange rate against the U.S. dollar. How does that work? [Post 1 of 2....stay tuned]
5-15-2023 Newshound Guru Clare Article: "Planning: The Iraqi private sector is starting to feel its right steps, with great investment opportunities" Quote: "One of the priorities of the government program is to support the investment and service movement in Iraq, by supporting and encouraging the private sector and investment."
5-15-2023 Newshound Guru Militia Man Why are they hiding the vote? Why are they hiding the 2023, 24, 25 budget if they're going to come out at 1310? ...It doesn't make make any sense...the 17th was suggested that they're going to have the vote...we all believe there's something that should happen from the CBI prior to that happening.
5-15-2023 Intel Guru MarkZ [via PDK] This week starts with a crazy amount of expectations. I am hearing that Iraq will be going at some point over the next week...praying we do not have much longer to wait.
5-15-2023 Intel Guru Frank26 We need to see another movement on the exchange rate - maybe 1100 or 1000. That's rather important. Will they do it just before they announce the budget? Will they do it after they announce the budget? ...lets see what happens by the end of this week...it has great potential for our investment no doubt. But what level is it taking us to?
5-15-2023 Intel Guru yada Im of the mind that we are going to see this rate release just before they pass the budget...The rate is the driver of the budget, not the other way around
5-14-2023 Newshound Guru Militia Man The governor of the central bank is openly talking about a delegation of experts from the International Finance Corporation. Why is he talking about the International Financial Corporation if he's coming out at a program rate (that I call it) or the official rate of 1310? It makes absolutely no sense whatsoever...they could have done it at 1310...1460...1166 and never did.
5-14-2023 Intel Guru Frank26 As soon as we see the budget all hell is going to break loose... there will be another exchange rate announced. It will be around 1000 or 1100...in preparation for the float.
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5-14-2023 Newshound Guru Pimpy This [Money Laundering] is a big issue for Iraq. If your government can't stop laundering money, you're going to stay on a so-called blacklist. Your money will never be traded internationally because nobody's going to trust you. Once again people have found out Iraq is funneling money to Iran, money laundering it. They find new, different ways and because of that the US dollars received are restricted. And because of that restriction it causes a huge black market and causes their currency to devalue.
5-14-2023 Newshound Guru Henig Article: "International Monetary Fund: Iraq is third in the Arab world in terms of exports of goods and services last year" Quote: "Iraq exported goods and services in 2022 worth $ 140.7 billion, which increased from the years 2020 and 2021, which amounted to $54 and $ 94 billion, respectively...Iraq came third among the Arab oil-producing countries with the highest value of exports of goods and services after the UAE and Saudi Arabia"
5-14-2023 Newshound Guru Militia Man The 2023, 24, 25 budget hasn't been implemented yet. They haven't shown you anything in respect to a potential exchange rate but there's some things that tell you that they are about to do that exchange rate change. They say specifically that that's part of the process.
5-14-2023 Newshound Guru Clare THE BUDGET HAS BEEN APPROVED. THE 3RD VOTE IS A FORMALITY THAT WILL MAKE IT LAW. WHICH THEY ALSO REFER TO AS APPROVAL, BUT IT REALLY MEANS MADE INTO LAW- TO IMPLEMENT. IF THEY WERE NOT GOING TO AGREE TO PASS IT INTO LAW, IT WOULD'VE BEEN SENT BACK TO THE COM... WHICH IT NEVER WAS. THE PARLIAMENT SESSION WAS SUPPOSED TO END ON THE 9TH OF MAY - THEY ALREADY EXTENDED THE SESSION TO HAVE THE 3RD VOTE ON THE BUDGET AS PER ARTICLES.
5-14-2023 Intel Guru yada Now the UN, IMF, US, World Bank, and even the CBI know the GOI can no longer stop the process. Best analogy would be the pitcher has sent the pitch and it is on the way to being received by the catcher. Pitcher is Iraq and the catcher is the rest of the world. Iraq can no long stop it, out of their control...I strongly believe we are in the last weekend of being broke...
5-14-2023 Intel Guru Frank26 As soon as we see the budget all hell is going to break loose... there will be another exchange rate announced. It will be around 1000 or 1100...in preparation for the float.
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5-14-2023 Newshound Guru Pimpy This [Money Laundering] is a big issue for Iraq. If your government can't stop laundering money, you're going to stay on a so-called blacklist. Your money will never be traded internationally because nobody's going to trust you. Once again people have found out Iraq is funneling money to Iran, money laundering it. They find new, different ways and because of that the US dollars received are restricted. And because of that restriction it causes a huge black market and causes their currency to devalue.
5-14-2023 Newshound Guru Henig Article: "International Monetary Fund: Iraq is third in the Arab world in terms of exports of goods and services last year" Quote: "Iraq exported goods and services in 2022 worth $ 140.7 billion, which increased from the years 2020 and 2021, which amounted to $54 and $ 94 billion, respectively...Iraq came third among the Arab oil-producing countries with the highest value of exports of goods and services after the UAE and Saudi Arabia"
5-14-2023 Newshound Guru Militia Man The 2023, 24, 25 budget hasn't been implemented yet. They haven't shown you anything in respect to a potential exchange rate but there's some things that tell you that they are about to do that exchange rate change. They say specifically that that's part of the process.
5-14-2023 Newshound Guru Clare THE BUDGET HAS BEEN APPROVED. THE 3RD VOTE IS A FORMALITY THAT WILL MAKE IT LAW. WHICH THEY ALSO REFER TO AS APPROVAL, BUT IT REALLY MEANS MADE INTO LAW- TO IMPLEMENT. IF THEY WERE NOT GOING TO AGREE TO PASS IT INTO LAW, IT WOULD'VE BEEN SENT BACK TO THE COM... WHICH IT NEVER WAS. THE PARLIAMENT SESSION WAS SUPPOSED TO END ON THE 9TH OF MAY - THEY ALREADY EXTENDED THE SESSION TO HAVE THE 3RD VOTE ON THE BUDGET AS PER ARTICLES.
5-14-2023 Intel Guru yada Now the UN, IMF, US, World Bank, and even the CBI know the GOI can no longer stop the process. Best analogy would be the pitcher has sent the pitch and it is on the way to being received by the catcher. Pitcher is Iraq and the catcher is the rest of the world. Iraq can no long stop it, out of their control...I strongly believe we are in the last weekend of being broke...
5-13-2023 Newshound Guru Pimpy There's so many rumors out there when it comes to Iraqi dinar that you'll go insane, you'll pull your hair out trying to figure out what is BS and what isn't. The best I could tell you is listen to all the different news, don't get your hopes up about it, take everything with a grain of salt and watch what they do not what they say. Stay grounded and you'll be just fine.
5-13-2023 Newshound Guru Militia Man Iraq is not Article VIII compliant currency at this time. They're just not. And they're not going to be at 1310, which they are officially. They are going to do something different...IMO. We're all going to be paying attention to that.
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5-13-2023 Intel Guru Frank26 Article "The Central Bank organizes a workshop to activate the mechanism of buying and selling real estate through the banking sector" THESE WORKSHOPS/MECHANISMS, HAVE NEVER BEEN OFFERED TO THE IRAQI CITIZENS. UNTIL...NOW.
5-13-2023 Guru Nader From The Mid East A lot of questions like, 'Hey, the rate in-country do we have to travel to Iraq to change our money?' First... whoever has millions of them, my opinion they're not gonna let you travel with all that money...to change it in Iraq erase it...forget it completely. Second, when the rate changes...if the one is on Forex and if it's international in Forex the banks have to buy and sell it especially if it's stronger than the dollar.
5-13-2023 Newshound Guru Pimpy We've been monitoring whether or not they're going to pass the budget as well as conclude and finally sign the oil agreement between Kurdistan and Baghdad...definitely the budget is important for many reasons...
5-13-2023 Intel Guru MarkZ [via PDK] We look at the progress they are making on electronic transfers, the ability to exchange, change value electronically and streamlining the process has been just awesome...Iraq is doing everything it needs to do to go with or without the rest of the world. They are telling us it is going. We don’t need to guess at it - just listen to their own words. I don’t know where we are at timing but I do know that my contacts in wealth management and redemption centers are extremely upbeat for this weekend...
5-13-2023 Newshound Guru Clare Article: "After a hiatus of more than 12 years.. The Textile and Leather Company announces the resumption of work" Quote: "the process of tanning raw leather extracted from sheep, cows, and goats has begun, and has been transformed into leather prepared for the manufacture of shoes, bags of various kinds, leather gloves, and belts, in addition to leather requirements for institutions and security services of all kinds."
5-13-2023 Newshound Guru Militia Man They told us it's not going to happen [voting on the budget] until potentially the 17th. It's not very far off...they're gonna have a vote on it.
5-13-2023 Intel Guru Frank26 My prediction is that the 17th will reveal the budget. Will it reveal the new exchange rate? I don't know. But it will reveal the budget and the budget needs a new exchange rate. The citizens of Iraq need their new national currency, the lower notes and coins, and the new exchange rate for it...Right now the monetary reform is explaining how they are about to do all this and then float...
5-13-2023 Intel Guru MarkZ [via PDK] “The governor of the central bank of Iraq receives experts from the international Finance Corporation“ they help nations do big projects…they see Iraq will be a massive player in the region and worldwide…. Iraq is moving forward on the world stage which means they need to have a more meaningful currency as well.
5-13-2023 Newshound Guru Militia Man Iraq is not Article VIII compliant currency at this time. They're just not. And they're not going to be at 1310, which they are officially. They are going to do something different...IMO. We're all going to be paying attention to that.
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5-13-2023 Intel Guru Frank26 Article "The Central Bank organizes a workshop to activate the mechanism of buying and selling real estate through the banking sector" THESE WORKSHOPS/MECHANISMS, HAVE NEVER BEEN OFFERED TO THE IRAQI CITIZENS. UNTIL...NOW.
5-13-2023 Guru Nader From The Mid East A lot of questions like, 'Hey, the rate in-country do we have to travel to Iraq to change our money?' First... whoever has millions of them, my opinion they're not gonna let you travel with all that money...to change it in Iraq erase it...forget it completely. Second, when the rate changes...if the one is on Forex and if it's international in Forex the banks have to buy and sell it especially if it's stronger than the dollar.
5-13-2023 Newshound Guru Pimpy We've been monitoring whether or not they're going to pass the budget as well as conclude and finally sign the oil agreement between Kurdistan and Baghdad...definitely the budget is important for many reasons...
5-13-2023 Intel Guru MarkZ [via PDK] We look at the progress they are making on electronic transfers, the ability to exchange, change value electronically and streamlining the process has been just awesome...Iraq is doing everything it needs to do to go with or without the rest of the world. They are telling us it is going. We don’t need to guess at it - just listen to their own words. I don’t know where we are at timing but I do know that my contacts in wealth management and redemption centers are extremely upbeat for this weekend...
5-13-2023 Newshound Guru Clare Article: "After a hiatus of more than 12 years.. The Textile and Leather Company announces the resumption of work" Quote: "the process of tanning raw leather extracted from sheep, cows, and goats has begun, and has been transformed into leather prepared for the manufacture of shoes, bags of various kinds, leather gloves, and belts, in addition to leather requirements for institutions and security services of all kinds."
5-13-2023 Newshound Guru Militia Man They told us it's not going to happen [voting on the budget] until potentially the 17th. It's not very far off...they're gonna have a vote on it.
5-13-2023 Intel Guru Frank26 My prediction is that the 17th will reveal the budget. Will it reveal the new exchange rate? I don't know. But it will reveal the budget and the budget needs a new exchange rate. The citizens of Iraq need their new national currency, the lower notes and coins, and the new exchange rate for it...Right now the monetary reform is explaining how they are about to do all this and then float...
5-13-2023 Intel Guru MarkZ [via PDK] “The governor of the central bank of Iraq receives experts from the international Finance Corporation“ they help nations do big projects…they see Iraq will be a massive player in the region and worldwide…. Iraq is moving forward on the world stage which means they need to have a more meaningful currency as well.
5-12-2023 Newshound Guru Clare Article: "Apple to launch first online store in Vietnam" Quote: "Apple will launch its first online store in Vietnam next week, the company said Friday, hoping to cash in on the country’s young and tech-savvy population."
5-12-2023 Newshound Guru Sandy Ingram The Central Bank of Iraq's website...you will find gold coins and nuggets that you can purchase using your Iraqi dinars. Gold is universal. You can exchange your gold for any currency in the world. International travelers travel with gold all the time, including myself, as long as the value of the gold is under $10,000 we do not have to declare it. Gold coins is one of the best ways to ensure you are liquid regardless of what the global economy does...
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5-12-2023 Intel Guru MarkZ [via PDK] The news stays positive for over the weekend and early next week. I have not heard anything negative.
5-12-2023 Newshound Guru Samson Article: ”Mr. Hakim to the American Ambassador: Iraq is experiencing an unprecedented state of stability”
5-12-2023 Intel Guru Bruce [via WiserNow] Iraq is supposed to put out a new rates and it's actually the current rates are on the bank screen from what I understand it. Redemption center screens. They've already got it...a new rate is supposed to populate on the screens either Thursday, Friday or Saturday, I believe - a new Iraqi dinar rate so it's all good...And it looks like they've got everything ready to go. At least that's what we're hearing from several sources that we're ready to rock and roll on Saturday with notifications. So let's see what happens...Let's watch it for the weekend... We should have a really wonderful Mother's Day - a really wonderful weekend.
5-12-2023 Intel Guru Frank26 Article: "Anti-money laundering and terrorist financing scenarios" Quote: "anti-money laundering and terrorist financing systems have been prepared, which are compatible with the financial work environment in Iraq, and the agents of (Western Union) and (Money Gram) can adopt them as a minimum for their electronic systems". THE CBI HAS MANY PLATFORMS TO USE AS MECHANISMS FOR THE NEW EXCHANGE RATE & NATIONAL CURRENCY!
5-12-2023 Intel Guru MarkZ [via PDK] “Port rehabilitation in Basra is complete- From Iraq’s Transport ministry” Funded by funds coming out of Japan. This was a massive upgrade to the port there. Guys- they don’t need ports like that in a third world nation. But they do need ports like that in nations that are moving products, consuming products…. This is another article showing Iraq is up and moving and it currency will soon follow...I am praying this is our week...
5-12-2023 Newshound Guru Pimpy There is some chatter about there being a new rate inside the budget. Just so you know that every time they talk about a budget that kind of chatter comes around...Here's what I say to anybody and everybody that hears that rumor...First, stay grounded. Second, just because they say that, that doesn't mean it's going to be in there. It doesn't mean it's not going to be there but what we're looking for is for it to actually be in there.
5-12-2023 Newshound Guru Clare Article: "Parliamentary Finance informs the leaders of the state administration of the latest developments in the budget" Quote: "...in the presence of Prime Minister Muhammad Shia'a al-Sudani, the 17th of this month, as the initial date for voting on the budget..."
5-12-2023 Newshound/Intel Guru Mnt Goat There are many rumors floating around that the Reinstatement could happen any day now. Yes, I believe as we get closer and closer to June 1st we could actually see an end to this RV saga. There are all the signs of the progress that Iraq needed to make to allow the CBI to go forward with the currency reform program thus reinstate the dinar on FOREX and redenominate the dinar in this process. [post 2 of 2]
5-12-2023 Newshound/Intel Guru Mnt Goat ...since January of this year...it has been absolutely amazing with all the changes made so far in the currency reform process. ...They have been moving ahead very aggressively with this process now. This is all fantastic news...so don’t get discouraged. The CBI is working towards a target and they are doing it with the full support of the GOI. This in itself is good news. Why do we keep seeing June 1st deadlines? Is June significant for some reason… hint, hint... [post 1 of 2....stay tuned]
5-12-2023 Intel Guru RayRen98 [via Babysmom] RATES ACCORDING TO RAY "OPENING RATES" "DONG 47 CENTS+, DINAR $3.47+...
5-11-2023 Newshound Guru Pimpy When you go through the news in Iraq all of it is talk about the budget. When it's going to be done. When they're going to vote on it. What is the holdup. I think where people are misunderstanding is it's not just one year. They're not trying to vote for a budget for 2023. They're voting for a budget for 2023, 24 and 25. It's not that easy. The committee had the budget. They look over it, they make their adjustments, they then send it over to the House of Representatives who...put their changes they want, they send it back to the committee and it goes back and forth like a boring game of ping-pong. Sometimes it happens really quick and they agree on the same thing. Other times times it doesn't... they're going to keep going back and forth.
5-11-2023 Intel Guru MarkZ [via PDK] Once again my sources on the ground in Iraq are telling me the budget is already done. And perhaps we will see it rubber stamped by next Wednesday when they say they are going to “officially” announce it. Most of my Iraqi contacts think it (RV) will go sometime over this weekend. Or early next week…. I hope they are accurate. I am hearing that from all sides right now. This has me hopeful.
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5-11-2023 Newshound Guru Clare Article: "The Sudanese advisor comments on the return of the dollar's rise: gangs are the reason " Quote: "Salih...organized crime gangs took advantage of (electronic) travelers' cards. These gangs illegally and legally use citizens' passports in order to issue electronic cards and smuggle them out of Iraq in order to finance black transfers and smuggle money."
5-11-2023 Newshound Guru Deepwoodz I know the expectation was 1:1 and now maybe 1:1.50 but I wouldn’t be surprised with all the build-up that they come out guns a blazin of 3+:1.
5-11-2023 Newshound/Intel Guru Walkingstick [via Frank26] The CBI took out a tender which we told you about 2 weeks ago. The tender bid is for the new small category notes. They will also have to be paid in IQDs. This tender was accepted. It was fulfilled. It is complete in the national currency and the contract was just paid in Iraqi dinars.
5-11-2023 Intel Guru MarkZ [via PDK] Iraq: They have announced that they are going to do the third reading of the budget and vote on it on May 17th- next Wednesday. I expect things to go before that. Why? …because I am hearing its already approved after the second reading automatically once you hit a certain time frame…and that’s how they were able to send the dollars to Kurdistan this week. It has already been approved twice with no objections. I believe they are giving us that date to look over there and IMO we should see the announcement between now and then.
5-11-2023 Newshound Guru Sandy Ingram Article: "Iraqis Fly to Nearby Countries to Get Dollar as U.S. Cracks Down on Money Laundering" ...As the the US tries to stop the illegal flow of dollars into Iran, local money traders next door in Iraq are finding new ways to get hold of greenbacks as the local supply dries up in Iraq. They are flying to nearby countries with stacks of bank cards to withdraw hard cash...At least 24 Iraqis carrying around 1,200 bank cards loaded with more than $5 million have been arrested...On Friday authorities detained another Iraq traveler trying to sneak out 300 bank cards in cigarette packs at the international airport in the central Iraqi city of Najaf...
5-11-2023 Newshound Guru Pimpy Article: "Iraqis Fly to Nearby Countries to Get Dollars as U.S. Cracks Down on Money Laundering" Here's where the problem lies. When your government is allies and backed by Iran where do you think this government's loyalty is going to go to? It's going to go to Iran. It always will. Until this type of government is removed there's always going to be a problem...Money traders next door in Iraq are finding new ways to get a hold of greenbacks as the local supply dries up...
5-11-2023 Newshound Guru Clare Article: "Sharq: The collapse of the Tehran Stock Exchange caused a fifth of the liquidity to evaporate within two days" Quote: "...the significant decline in the Tehran Stock Exchange markets during the past few days as "amazing" and "shocking", as the equivalent of a fifth of the country's cash liquidity evaporated in just two days."
5-11-2023 Intel Guru MarkZ [via PDK] I had a late night conversation with Militia Man...and I told him what my expectations were- RV happening closer to the weekend or early next and he said I may be wrong. I am hearing from the vast majority of my sources that we can expect it much sooner than that…possibly even “NOW”... We do not know the timing but indicators are it is imminent!
5-11-2023 Newshound Guru Militia Man Al-Sudani's quote, 'We reassure the citizens not to acquire the dollar because the dinar is the strongest." Those are his words. They're not mine. That was on April 17th. Fast forward it's about 3 weeks what was his statement, 'The Iraqi dinar will rise against the U.S. dollar in the next few weeks.' Fascinating.
5-11-2023 Newshound/Intel Guru Mnt Goat We are still waiting for the 3-year budget to pass in parliament and for them to open it. I don’t care what rate is in it since they have told us the rate is flexible and they designed the budget accordingly. Of course, the higher the cost of oil the better.
5-10-2023 Intel Guru Frank26 Article "The Council of Ministers decides to increase the capital of the Rafidain Bank and to pay Iraq's share in the World Bank" Quote "after the approval of the Federal General Budget Law for the year 2023, taking into account the new exchange rate, between the date of the claim and the date of payment" FROM THE CORRECT HORSES MOUTH... TAKING INTO ACCOUNT THE NEW EXCHANGE RATE... WELL ALRIGHT, ALRIGHT THEN!
5-10-2023 Newshound Guru Clare Article "Al-Sudani surprises the ministries with 3 work shifts to complete the projects" Quote "Based on the approval of the Prime Minister and for the purpose of accelerating work on all projects to take what is necessary by instructing that work be done in three shifts to ensure speed Completion of projects and increase the employment of manpower."
5-10-2023 Newshound Guru Pimpy Article: "International Monetary Fund Expects Iraq 's External Debt to Fall by $1.2 Billion" It's really been amazing to watch Iraq pay off all their debt both external and internal and they're doing it in huge leaps and bounds. That just goes to show you if they didn't have all these fines and things they had to settle out of court and pay, like Kuwait and anybody else, and they had these external debts paid off this country would be a very rich country...
5-10-2023 Newshound/Intel Guru Walkingstick {CBI's private bank meeting minutes continued} [8. Currency swaps with many countries in motion.] It means the international community, the investors of the economic reform, finally have faith, have confidence, like the citizens do, in the CBI and the prime minister of Iraq. These IQD swaps are being done right now electronically. They are not being done physically...at this point of the monetary reform they are swapping with all the banks around the world the new national currency electronically. Why? Because the tender is for the citizens inside Iraq when they exchange. And because you do not want to flood the market back with 3 zero notes. [Post 8 of 8]
5-10-2023 Newshound Guru Militia Man There's apparently lesser demand for dollars in the parallel market now and the exchange rate is going to go up. The electronic platform is working its magic...the nefarious folks that are doing a dollar exchange outside the platform they're going to find it tougher and tougher...
5-10-2023 Intel Guru MarkZ [via PDK] 2 important articles out of Iraq today “Kurdistan Region Finance announces the release of 200 million dinar from Baghdad” and ...”Kurdistan regional government to start distributing April salaries next week.” For that to happen it means they have the funding from the budget and the HCL…as we understand it. And this means this thing will be completed. This is a good indicator as to what to expect timing wise. Sudani has told us that the dinar is ready to be the father of the dollar- meaning it is going to be worth more. This is all over middle eastern news...that the value of the dinar is about to change. There is no keeping the cat in the bag anymore. We are very close to the end of this thing.
5-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're back on channel one saying it will be weeks now that the street rates should match the official rate...they went from weeks to soon and now they're back to weeks again... FRANK: ...Rumors are rampant. One minute they say one thing, the next minute they say something else. That's why we tell you only pay attention to Sudani and the governor of the CBI...
5-10-2023 Newshound Guru Clare Article: "The Council of Ministers decides to increase the capital of the Rafidain Bank and to pay Iraq's share in the World Bank" Quote: " the Council approved, Within the course of financial and economic relations with international financial and banking institutions... Ninety-eight million nine hundred and twenty-five thousand six hundred and forty-two dinars in cash, after the approval of the Federal General Budget Law for the year 2023, taking into account the new exchange rate, between the date of the claim and the date of payment."
5-10-2023 Newshound/Intel Guru Mnt Goat I call my CBI contact almost every Saturday and get the full scoop of what is really happening in Iraq and the efforts of the CBI. Since we have NOT heard of any official word of progress about the redenomination process it is not yet happening I can assure you. However, we can sit still and know it is still in the plan because I know it is and it has to happen sooner than later, just not yet.
5-10-2023 Intel Guru RayRen98 ACCORDING TO ONE OF OUR 3-LETTER SOURCES, ALL RATES ARE LOADED AND READY TO GO. TIME WILL TELL.
5-10-2023 Newshound Guru Clare Article "Al-Sudani surprises the ministries with 3 work shifts to complete the projects" Quote "Based on the approval of the Prime Minister and for the purpose of accelerating work on all projects to take what is necessary by instructing that work be done in three shifts to ensure speed Completion of projects and increase the employment of manpower."
5-10-2023 Newshound Guru Pimpy Article: "International Monetary Fund Expects Iraq 's External Debt to Fall by $1.2 Billion" It's really been amazing to watch Iraq pay off all their debt both external and internal and they're doing it in huge leaps and bounds. That just goes to show you if they didn't have all these fines and things they had to settle out of court and pay, like Kuwait and anybody else, and they had these external debts paid off this country would be a very rich country...
5-10-2023 Newshound/Intel Guru Walkingstick {CBI's private bank meeting minutes continued} [8. Currency swaps with many countries in motion.] It means the international community, the investors of the economic reform, finally have faith, have confidence, like the citizens do, in the CBI and the prime minister of Iraq. These IQD swaps are being done right now electronically. They are not being done physically...at this point of the monetary reform they are swapping with all the banks around the world the new national currency electronically. Why? Because the tender is for the citizens inside Iraq when they exchange. And because you do not want to flood the market back with 3 zero notes. [Post 8 of 8]
5-10-2023 Newshound Guru Militia Man There's apparently lesser demand for dollars in the parallel market now and the exchange rate is going to go up. The electronic platform is working its magic...the nefarious folks that are doing a dollar exchange outside the platform they're going to find it tougher and tougher...
5-10-2023 Intel Guru MarkZ [via PDK] 2 important articles out of Iraq today “Kurdistan Region Finance announces the release of 200 million dinar from Baghdad” and ...”Kurdistan regional government to start distributing April salaries next week.” For that to happen it means they have the funding from the budget and the HCL…as we understand it. And this means this thing will be completed. This is a good indicator as to what to expect timing wise. Sudani has told us that the dinar is ready to be the father of the dollar- meaning it is going to be worth more. This is all over middle eastern news...that the value of the dinar is about to change. There is no keeping the cat in the bag anymore. We are very close to the end of this thing.
5-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're back on channel one saying it will be weeks now that the street rates should match the official rate...they went from weeks to soon and now they're back to weeks again... FRANK: ...Rumors are rampant. One minute they say one thing, the next minute they say something else. That's why we tell you only pay attention to Sudani and the governor of the CBI...
5-10-2023 Newshound Guru Clare Article: "The Council of Ministers decides to increase the capital of the Rafidain Bank and to pay Iraq's share in the World Bank" Quote: " the Council approved, Within the course of financial and economic relations with international financial and banking institutions... Ninety-eight million nine hundred and twenty-five thousand six hundred and forty-two dinars in cash, after the approval of the Federal General Budget Law for the year 2023, taking into account the new exchange rate, between the date of the claim and the date of payment."
5-10-2023 Newshound/Intel Guru Mnt Goat I call my CBI contact almost every Saturday and get the full scoop of what is really happening in Iraq and the efforts of the CBI. Since we have NOT heard of any official word of progress about the redenomination process it is not yet happening I can assure you. However, we can sit still and know it is still in the plan because I know it is and it has to happen sooner than later, just not yet.
5-10-2023 Intel Guru RayRen98 ACCORDING TO ONE OF OUR 3-LETTER SOURCES, ALL RATES ARE LOADED AND READY TO GO. TIME WILL TELL.
5-9-2023 Newshound Guru Pimpy I'm concerned to see how the Iraqi dinar is going to respond to the .25 hike in the Fed's interest rates. Usually foreign currencies take a hit. I'm not sure how this is going to affect the Iraqi dinar. I'm watching to see if there's any kind of real dramatic change in the exchange rate. Will the US dollar gain purchasing power over the Iraqi dinar? We know the Feds plan on making a change but I'm curious to see what will happen to the Iraqi dinar because of it...
5-9-2023 Newshound Guru Clare Article: "Discontent with "procrastination" .. Iraqi employees renew their demonstrations to adjust the salary scale" Quote: "We demonstrated today in Tahrir Square in order to implement our demands, which is to amend the salary scale to achieve justice among all employees...recently, the employees heard that the government has no intention of amending the salary scale and increasing our salaries."
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5-9-2023 Newshound Guru Militia Man These guys are not stopping with this point-of-sale equipment. Whether that's going to be...swiping a card in a machine while you're at the gas station, with the grocery store or it it going to be at the ATMs in country. Word on the street is that there's things coming, different changes. Hopefully we're going to be part of all that.
5-9-2023 Intel Guru MarkZ [via PDK] ...I have been hearing fantastic things throughout the day. Especially from the groups who appear to be starting their process. I am waiting for someone with money in hand. Even my SKR group said today to “make sure my ID’s are current. This is it. And we should be giving you instructions on your SKR within the next few days.!” ...This is awesome news guys. Im exhausted but excited ...We don’t know if its this week or next week. [SKR = Safe Keeping Receipt. Where groups have aggregated (consolidated) the currency and given you the paperwork and receipts in exchange]
5-9-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend says he thinks they are finishing up all the loose ends and soon we will see a change in the rate. He personally think with everything in dinars now it's so close and that we probably will start at $1.50 and float but who knows it could be more... FRANK: I agree with him 1000%. He is spot on.
5-9-2023 Guest Guru GameofPatience Iraq is implementing new banking reform steps IN JUNE to control their citizens and their money (POS, Cashless, Financial Transactions in front of their government)...These steps in June REQUIRE their currency to be TRADEABLE & RECOGNIZED AROUND THE WORLD. Didn't Iraq recently state the back wall for the budget was at the End of May (3rd reading comes after the rate change)!
5-9-2023 Newshound Guru Pimpy In case you're wondering why it is that they might change the exchange rate... - To have more purchasing power. If they're importing a lot of goods...this would help the people stretch their means out. This would allow them to purchase things a little cheaper because the purchasing power of the dinar would be a little bit stronger...
5-9-2023 Newshound/Intel Guru Walkingstick [via Frank26] {CBI's private bank meeting minutes continued} [7. IMF, AMF, EMF rolling in again] International Monetary Fund, Arab Monetary Fund and the European Monetary Fund these three are escorting the Iraqi dinar, the central bank's new exchange rate and their new currency to the International platforms, to the world. [Post 7 of 8]
5-9-2023 Intel Guru MarkZ [via PDK] ...They are cracking down on any leaks right now. So getting any solid info is difficult right now. Based on the movement they are in the position for them to pull the trigger at any moment.
5-9-2023 Newshound Guru Clare Article: "Improving in two directions. The dinar continues its recovery journey against the dollar " Quote: "Saleh...the reason for the low exchange rate of the dinar during the last period of this year is not economic, but rather an international administrative restriction, as the United States imposed restrictions on the entry of foreign exchange into the country. Washington has placed restrictions on the movement of foreign exchange entering Iraq, because of its suspicions that 80 percent of these remittances go to unknown destinations."
5-9-2023 Newshound Guru Militia Man If these demonstrations happen tomorrow which is going to be Tuesday, I'm feeling that since Al-Sudani came out tonight, he may have tamped that down. Because why? ...Because he's the one that said the dinar was going to be stronger to the dollar. I think the citizens believe in him and I think he wants to live up to that expectation...If they take to the streets it could be serious, it could also be something that's celebratory. We're going to have to watch and see...
5-9-2023 Intel Guru MarkZ [via PDK] Question: Do you think Vietnam will go the same time as Iraq? MarkZ Answer: Yes I do.
5-9-2023 Newshound Guru Clare Article: "Discontent with "procrastination" .. Iraqi employees renew their demonstrations to adjust the salary scale" Quote: "We demonstrated today in Tahrir Square in order to implement our demands, which is to amend the salary scale to achieve justice among all employees...recently, the employees heard that the government has no intention of amending the salary scale and increasing our salaries."
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5-9-2023 Newshound Guru Militia Man These guys are not stopping with this point-of-sale equipment. Whether that's going to be...swiping a card in a machine while you're at the gas station, with the grocery store or it it going to be at the ATMs in country. Word on the street is that there's things coming, different changes. Hopefully we're going to be part of all that.
5-9-2023 Intel Guru MarkZ [via PDK] ...I have been hearing fantastic things throughout the day. Especially from the groups who appear to be starting their process. I am waiting for someone with money in hand. Even my SKR group said today to “make sure my ID’s are current. This is it. And we should be giving you instructions on your SKR within the next few days.!” ...This is awesome news guys. Im exhausted but excited ...We don’t know if its this week or next week. [SKR = Safe Keeping Receipt. Where groups have aggregated (consolidated) the currency and given you the paperwork and receipts in exchange]
5-9-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend says he thinks they are finishing up all the loose ends and soon we will see a change in the rate. He personally think with everything in dinars now it's so close and that we probably will start at $1.50 and float but who knows it could be more... FRANK: I agree with him 1000%. He is spot on.
5-9-2023 Guest Guru GameofPatience Iraq is implementing new banking reform steps IN JUNE to control their citizens and their money (POS, Cashless, Financial Transactions in front of their government)...These steps in June REQUIRE their currency to be TRADEABLE & RECOGNIZED AROUND THE WORLD. Didn't Iraq recently state the back wall for the budget was at the End of May (3rd reading comes after the rate change)!
5-9-2023 Newshound Guru Pimpy In case you're wondering why it is that they might change the exchange rate... - To have more purchasing power. If they're importing a lot of goods...this would help the people stretch their means out. This would allow them to purchase things a little cheaper because the purchasing power of the dinar would be a little bit stronger...
5-9-2023 Newshound/Intel Guru Walkingstick [via Frank26] {CBI's private bank meeting minutes continued} [7. IMF, AMF, EMF rolling in again] International Monetary Fund, Arab Monetary Fund and the European Monetary Fund these three are escorting the Iraqi dinar, the central bank's new exchange rate and their new currency to the International platforms, to the world. [Post 7 of 8]
5-9-2023 Intel Guru MarkZ [via PDK] ...They are cracking down on any leaks right now. So getting any solid info is difficult right now. Based on the movement they are in the position for them to pull the trigger at any moment.
5-9-2023 Newshound Guru Clare Article: "Improving in two directions. The dinar continues its recovery journey against the dollar " Quote: "Saleh...the reason for the low exchange rate of the dinar during the last period of this year is not economic, but rather an international administrative restriction, as the United States imposed restrictions on the entry of foreign exchange into the country. Washington has placed restrictions on the movement of foreign exchange entering Iraq, because of its suspicions that 80 percent of these remittances go to unknown destinations."
5-9-2023 Newshound Guru Militia Man If these demonstrations happen tomorrow which is going to be Tuesday, I'm feeling that since Al-Sudani came out tonight, he may have tamped that down. Because why? ...Because he's the one that said the dinar was going to be stronger to the dollar. I think the citizens believe in him and I think he wants to live up to that expectation...If they take to the streets it could be serious, it could also be something that's celebratory. We're going to have to watch and see...
5-9-2023 Intel Guru MarkZ [via PDK] Question: Do you think Vietnam will go the same time as Iraq? MarkZ Answer: Yes I do.
5-8-2023 Newshound Guru Pimpy People are saying, 'Could they change the rate Pimpy?" Yeah, of course they can. Until the final budget is out we know they had projected the budget at 1300 dinar. They could come out and say the budget has been approved...by the way the new exchange rate is whatever it is. That is a possibility but I doubt it. I do anticipate it going up in increments. We're at 1300 dinars for every dollar. Of course I would love it at least to get back to 1190 dinars where we were prior to it being devalued...
5-8-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Asked bank friend what is the CBI governor talking about [Parallel rate talk] . Bank friend said it's all about stability. The dinar will be strongest ever when it's parallel to the street rate. This is the best time to do a rate change - at a stable point. And since we already de-pegged from the dollar we are at a point of no return and it must happen. The deleting of the zeros will be coming. We are way ahead unlike before. FRANK: I have to be careful of what I share with you...your bank friend is 1000% correct.
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5-8-2023 Newshound Guru Clare Article: "Baghdad and Washington affirm support for Iraqi banking reform efforts" Quote: "Iraq announced the agreement with the International Monetary Fund and the World Bank to hold a "non-financial" program that includes the Fund providing technical and advisory support for the economic reform adopted by the Iraqi government in achieving financial and monetary stability."
5-8-2023 Intel Guru MarkZ [via PDK] There is a lot of chatter that Iraq has been given a 3 day head start before they announce to the rest of the world that the RV has gone...That is a possibility as I am hearing a lot of chatter from a lot of plugged in people about this. But not from a few key people I listen to. I just don’t think they could keep it under wraps that long in today’s connected internet world. Remember Kuwait had a 10 day quiet period before the rest of the world found out.
5-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] {CBI's private bank meeting minutes continued} [6. Mining operation contracts rolling in now all paid in IQD only.] The mining contracts that are staying in line are willing now to be paid in Iraqi dinar. That's a powerful reason for a new national currency and a new exchange rate that is coming IMO very soon. [Post 6 of 8]
5-8-2023 Newshound Guru Deepwoodz Article: "To monitor state funds.. Sami is discussing with the International Monetary Fund the application of the single treasury account" IMF in the news, as well as Sudani with the UN boss lady. I love it when they talk to the IMF...This is huge. Iraq is getting serious. TSA = Treasury Single Account.
5-8-2023 Newshound Guru Sandy Ingram Article: "Western Union expresses to the Central Bank its desire to expand its branches in Iraq" This means we could possibly give Western Union Iraqi dinars to be invested in Iraq. Is that too far of a reach? ...Do you think we will be able to use Western Union to purchase or send Iraqi dinars to Iraq for investments? Western Union certainly creates a reliable money trail.
5-8-2023 Newshound Guru Kaperoni If and when the dinar does go up in value it will float. That means it will rise gradually over time as a result of Iraq's economic growth and success.
5-8-2023 Intel Guru MarkZ [via PDK] I am hearing from pretty much everyone that the window is wide open since this morning…and we are in a prime spot for them to announce it within the next few days. I am hearing a lot of excited chatter and trying to “Vet” and confirm it before I tell you all what we are hearing…everyone is exceptionally positive for this week. But nobody knows the exact timing. I am expecting a very positive week…especially from Iraq...There is so many things happening right now. From movement in Iraq...The bankers are excited…so many things are coming into a perfect storm right now.
5-8-2023 Guru Nader From The Mid East I'm sure everybody already seen the article about the POS. Everything it's digital. That's a good thing. They're trying to get the maximum money they can. They got a lot already...that's the good news. POS systems in place. It's working. Everything has been done.
5-8-2023 Newshound Guru Pimpy Article: "Baghdad and Washington emphasize support for Iraqi banking reform efforts" What gets me is how close Washington is really paying attention to how quickly Iraq implements all the reforms necessary to their banking system...
5-8-2023 Intel Guru Frank26 Article: "Al-Sudani: The official dollar exchange rate will prove our financial situation is the best compared to previous years" THE FINANCIAL SITUATION IN IRAQ IS THE BEST COMPARED TO PREVIOUS YEARS BECAUSE THE PROGRAM RATE IS NOT THE OFFICIAL RATE OF THE NEW NATIONAL CURRENCY OF IRAQ.
5-8-2023 Newshound/Intel Guru Mnt Goat The three zero notes will coincide as legal tender even after the reinstatement and rate change. The process will suck up most of the larger notes out of circulation prior as they would be worth more than the dollar. I hear the CBI will give the citizens time to turn them in for a conversion rate. But even afterwards they will still remain legal tender. Remember that Iraq is not redenominating due to hyper-inflation, but rather due to a revaluation because they are so rich, not poor....Enough said…
5-8-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Asked bank friend what is the CBI governor talking about [Parallel rate talk] . Bank friend said it's all about stability. The dinar will be strongest ever when it's parallel to the street rate. This is the best time to do a rate change - at a stable point. And since we already de-pegged from the dollar we are at a point of no return and it must happen. The deleting of the zeros will be coming. We are way ahead unlike before. FRANK: I have to be careful of what I share with you...your bank friend is 1000% correct.
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5-8-2023 Newshound Guru Clare Article: "Baghdad and Washington affirm support for Iraqi banking reform efforts" Quote: "Iraq announced the agreement with the International Monetary Fund and the World Bank to hold a "non-financial" program that includes the Fund providing technical and advisory support for the economic reform adopted by the Iraqi government in achieving financial and monetary stability."
5-8-2023 Intel Guru MarkZ [via PDK] There is a lot of chatter that Iraq has been given a 3 day head start before they announce to the rest of the world that the RV has gone...That is a possibility as I am hearing a lot of chatter from a lot of plugged in people about this. But not from a few key people I listen to. I just don’t think they could keep it under wraps that long in today’s connected internet world. Remember Kuwait had a 10 day quiet period before the rest of the world found out.
5-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] {CBI's private bank meeting minutes continued} [6. Mining operation contracts rolling in now all paid in IQD only.] The mining contracts that are staying in line are willing now to be paid in Iraqi dinar. That's a powerful reason for a new national currency and a new exchange rate that is coming IMO very soon. [Post 6 of 8]
5-8-2023 Newshound Guru Deepwoodz Article: "To monitor state funds.. Sami is discussing with the International Monetary Fund the application of the single treasury account" IMF in the news, as well as Sudani with the UN boss lady. I love it when they talk to the IMF...This is huge. Iraq is getting serious. TSA = Treasury Single Account.
5-8-2023 Newshound Guru Sandy Ingram Article: "Western Union expresses to the Central Bank its desire to expand its branches in Iraq" This means we could possibly give Western Union Iraqi dinars to be invested in Iraq. Is that too far of a reach? ...Do you think we will be able to use Western Union to purchase or send Iraqi dinars to Iraq for investments? Western Union certainly creates a reliable money trail.
5-8-2023 Newshound Guru Kaperoni If and when the dinar does go up in value it will float. That means it will rise gradually over time as a result of Iraq's economic growth and success.
5-8-2023 Intel Guru MarkZ [via PDK] I am hearing from pretty much everyone that the window is wide open since this morning…and we are in a prime spot for them to announce it within the next few days. I am hearing a lot of excited chatter and trying to “Vet” and confirm it before I tell you all what we are hearing…everyone is exceptionally positive for this week. But nobody knows the exact timing. I am expecting a very positive week…especially from Iraq...There is so many things happening right now. From movement in Iraq...The bankers are excited…so many things are coming into a perfect storm right now.
5-8-2023 Guru Nader From The Mid East I'm sure everybody already seen the article about the POS. Everything it's digital. That's a good thing. They're trying to get the maximum money they can. They got a lot already...that's the good news. POS systems in place. It's working. Everything has been done.
5-8-2023 Newshound Guru Pimpy Article: "Baghdad and Washington emphasize support for Iraqi banking reform efforts" What gets me is how close Washington is really paying attention to how quickly Iraq implements all the reforms necessary to their banking system...
5-8-2023 Intel Guru Frank26 Article: "Al-Sudani: The official dollar exchange rate will prove our financial situation is the best compared to previous years" THE FINANCIAL SITUATION IN IRAQ IS THE BEST COMPARED TO PREVIOUS YEARS BECAUSE THE PROGRAM RATE IS NOT THE OFFICIAL RATE OF THE NEW NATIONAL CURRENCY OF IRAQ.
5-8-2023 Newshound/Intel Guru Mnt Goat The three zero notes will coincide as legal tender even after the reinstatement and rate change. The process will suck up most of the larger notes out of circulation prior as they would be worth more than the dollar. I hear the CBI will give the citizens time to turn them in for a conversion rate. But even afterwards they will still remain legal tender. Remember that Iraq is not redenominating due to hyper-inflation, but rather due to a revaluation because they are so rich, not poor....Enough said…
5-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani still saying hold on to dinar that our dinar is going to be stronger than the dollar. Telling us hold on. FRANK: Every freaking day...Tell Sudani you can only hold on so much longer.
5-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] {CBI's private bank meeting minutes continued} [5. Introduction of notes and coins was given.] The date of the new small categories and coins is a reality. It's a fact. IMO the citizens of Iraq are learning about what we're telling you right now. They're learning about it and you're going to see the articles as they talk about all these subjects [In the coming weeks]. [Post 5 of 8....stay tuned]
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5-7-2023 Guest Guru Dallasdude Article "Parliamentary Finance expects the date of stabilization of the dollar price at the official price" ...The 1300 range..does not benefit us..I think this still plays out for the remainder of year..they always said the best time is beginning of year, we are now 5 months in..IMO we are still here for awhile...
5-7-2023 Newshound Guru Sandy Ingram Article: "The Central Bank announces the launch of the banking supervision reporting system" This new system may seem like another boring news story but I assure you this announcement is pure gold. The new system will help the Central Bank of Iraq know instantly the financial status of banks and non-banking financial institutions approved by the Central Bank of Iraq...
5-7-2023 Intel Guru Frank26 Article: "Parliamentary Finance expects the date of stabilization of the dollar price at the official price" Quote: "We are sure that after the approval of the budget law, there will be a match between the official price and the parallel price." LIKE WE TOLD YOU THEY KNOW THE DATE!
5-7-2023 Newshound Guru Pimpy Article: "Parliamentary finance suggests when the dollar price will stabilize at the official price" As much as they talk about this in the news there's obviously still some concern about the exchange rate of the Iraqi dinar. The difference between the official rate and the parallel rate is slightly off but it could be a lot closer. There's still enough margin...that the "bad guys" can still make a pretty good profit if you're dealing with large amounts of dinars verses dollars...what they're predicting is once the budget is approved and implemented then you'll see the official rate and the parallel rate equal out...
5-7-2023 Newshound Guru Clare Article: "Parliamentary Finance expects the date of stabilization of the dollar price at the official price" Quote: "We are sure that after the approval of the budget law, there will be a match between the official price and the parallel price."
5-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI governor spoke about the street rate. He said it is unreal - do not believe in it and that bank covers the official rate of 1320. He spoke a lot about the parallel rate. He spoke a lot about this but...we were left confused on exactly what he was trying to say to us.
5-7-2023 Newshound/Intel Guru Mnt Goat ...The issues of the recent past contention about the budget was all centered around the amount of oil proceeds that would go to Kurdistan. This being now resolved, they now are faced with another issue of the debt ceiling. So, the cuts begin. This is what they are working on now... they are now telling us the budget law will be ready for voting during the next two weeks, and it will be included on the parliament’s agenda in the third week of this month of May.
5-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] {CBI's private bank meeting minutes continued} [5. Introduction of notes and coins was given.] The date of the new small categories and coins is a reality. It's a fact. IMO the citizens of Iraq are learning about what we're telling you right now. They're learning about it and you're going to see the articles as they talk about all these subjects [In the coming weeks]. [Post 5 of 8....stay tuned]
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5-7-2023 Guest Guru Dallasdude Article "Parliamentary Finance expects the date of stabilization of the dollar price at the official price" ...The 1300 range..does not benefit us..I think this still plays out for the remainder of year..they always said the best time is beginning of year, we are now 5 months in..IMO we are still here for awhile...
5-7-2023 Newshound Guru Sandy Ingram Article: "The Central Bank announces the launch of the banking supervision reporting system" This new system may seem like another boring news story but I assure you this announcement is pure gold. The new system will help the Central Bank of Iraq know instantly the financial status of banks and non-banking financial institutions approved by the Central Bank of Iraq...
5-7-2023 Intel Guru Frank26 Article: "Parliamentary Finance expects the date of stabilization of the dollar price at the official price" Quote: "We are sure that after the approval of the budget law, there will be a match between the official price and the parallel price." LIKE WE TOLD YOU THEY KNOW THE DATE!
5-7-2023 Newshound Guru Pimpy Article: "Parliamentary finance suggests when the dollar price will stabilize at the official price" As much as they talk about this in the news there's obviously still some concern about the exchange rate of the Iraqi dinar. The difference between the official rate and the parallel rate is slightly off but it could be a lot closer. There's still enough margin...that the "bad guys" can still make a pretty good profit if you're dealing with large amounts of dinars verses dollars...what they're predicting is once the budget is approved and implemented then you'll see the official rate and the parallel rate equal out...
5-7-2023 Newshound Guru Clare Article: "Parliamentary Finance expects the date of stabilization of the dollar price at the official price" Quote: "We are sure that after the approval of the budget law, there will be a match between the official price and the parallel price."
5-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI governor spoke about the street rate. He said it is unreal - do not believe in it and that bank covers the official rate of 1320. He spoke a lot about the parallel rate. He spoke a lot about this but...we were left confused on exactly what he was trying to say to us.
5-7-2023 Newshound/Intel Guru Mnt Goat ...The issues of the recent past contention about the budget was all centered around the amount of oil proceeds that would go to Kurdistan. This being now resolved, they now are faced with another issue of the debt ceiling. So, the cuts begin. This is what they are working on now... they are now telling us the budget law will be ready for voting during the next two weeks, and it will be included on the parliament’s agenda in the third week of this month of May.
5-6-2023 Intel Guru MarkZ [via PDK] They are...discussing in the mosques …new paper money…which are the lower denomination bills. The delete the zero project is they delete the zeros, add value and release the LD bills...The news out of Iraq is fantastic.
5-6-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: International companies are being paid in dinars so it is close. It is very close. We can sense it. All the devices in the country are set up for the reform. FRANK: Like the sun rising in the morning he cannot stop it. The momentum of your country is unstoppable right now. The monetary education is about to show you everything that they have told you. We are talking within weeks to days...
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5-6-2023 Newshound Guru Pimpy Iraq does have goods that it exports but they have to get this going...They are having to import more than they are exporting so it seemed to me you'd want a dinar with more purchasing power IMO so you can get more of the goods you're bringing into Iraq...
5-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] {CBI's private bank meeting minutes continued} [4. Exchanges ISX/ESX date given to trade international] ISX and ESX only trade domestically. Soon the Iraqi dinar will be online with the International Stock Exchange...the IQD is soon to be traded globally internationally. That's never been done before and they have a date of when they are going to start. They have a date when they are going to introduce the new small category notes...the CBI is sending its national currency on an international float to gain more value internationally because it will be market driven. But it will global market driven not internal [market driven] ... [Post 4 of 8....stay tuned]
5-6-2023 Newshound Guru Militia Man We all know there's a lot of things going on with Iraq and many people are starting to get in the vibe that are going, 'wow this is really coming to a head.' And rightfully so...we can see for a fact...
5-6-2023 Intel Guru MarkZ [via PDK] The news has been awfully fun...the US treasury is now ready to go...the IMF is now ready to go...possibly Sunday into Monday of this weekend...It’s done and waiting for the announcement... everything is worked out and Iraq is telling us the same thing. And they will soon announce the budget and the approval of the HCL law. People in Iraq are expecting that rate change at any moment.
5-6-2023 Intel Guru Frank26 Article: "Al-Rafidain: The success of the experimental launch of electronic collection in the first education of Karkh, Rusafa, and taxes" Quote: " the bank has begun implementing the first phase of the electronic collection system and putting it into effect" THE MONETARY REFORM EDUCATION TEACHES ON THE COLLECTION OF THE 3 ZERO NOTES.
5-6-2023 Guru Nader From The Mid East My friend from LA called me gave me a couple of good news and I wanted to confirm so I called somebody else over here about the IMF saying they're ready to turn the switch. The US treasury same way. I heard about the rate...This is what they told me. I don't know if it's true or not. I cannot confirm it because over here there's no noises about it. But they said it's gonna be $4-something. Me, I believe at $3.45. I don't believe more than $3.50. I don't believe that [$4-something] strongly...
5-6-2023 Intel Guru MarkZ [via PDK] We are told the window opens late Sunday night… Lots of things pointing that way.
5-6-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: International companies are being paid in dinars so it is close. It is very close. We can sense it. All the devices in the country are set up for the reform. FRANK: Like the sun rising in the morning he cannot stop it. The momentum of your country is unstoppable right now. The monetary education is about to show you everything that they have told you. We are talking within weeks to days...
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5-6-2023 Newshound Guru Pimpy Iraq does have goods that it exports but they have to get this going...They are having to import more than they are exporting so it seemed to me you'd want a dinar with more purchasing power IMO so you can get more of the goods you're bringing into Iraq...
5-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] {CBI's private bank meeting minutes continued} [4. Exchanges ISX/ESX date given to trade international] ISX and ESX only trade domestically. Soon the Iraqi dinar will be online with the International Stock Exchange...the IQD is soon to be traded globally internationally. That's never been done before and they have a date of when they are going to start. They have a date when they are going to introduce the new small category notes...the CBI is sending its national currency on an international float to gain more value internationally because it will be market driven. But it will global market driven not internal [market driven] ... [Post 4 of 8....stay tuned]
5-6-2023 Newshound Guru Militia Man We all know there's a lot of things going on with Iraq and many people are starting to get in the vibe that are going, 'wow this is really coming to a head.' And rightfully so...we can see for a fact...
5-6-2023 Intel Guru MarkZ [via PDK] The news has been awfully fun...the US treasury is now ready to go...the IMF is now ready to go...possibly Sunday into Monday of this weekend...It’s done and waiting for the announcement... everything is worked out and Iraq is telling us the same thing. And they will soon announce the budget and the approval of the HCL law. People in Iraq are expecting that rate change at any moment.
5-6-2023 Intel Guru Frank26 Article: "Al-Rafidain: The success of the experimental launch of electronic collection in the first education of Karkh, Rusafa, and taxes" Quote: " the bank has begun implementing the first phase of the electronic collection system and putting it into effect" THE MONETARY REFORM EDUCATION TEACHES ON THE COLLECTION OF THE 3 ZERO NOTES.
5-6-2023 Guru Nader From The Mid East My friend from LA called me gave me a couple of good news and I wanted to confirm so I called somebody else over here about the IMF saying they're ready to turn the switch. The US treasury same way. I heard about the rate...This is what they told me. I don't know if it's true or not. I cannot confirm it because over here there's no noises about it. But they said it's gonna be $4-something. Me, I believe at $3.45. I don't believe more than $3.50. I don't believe that [$4-something] strongly...
5-6-2023 Intel Guru MarkZ [via PDK] We are told the window opens late Sunday night… Lots of things pointing that way.
5-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] {CBI's private bank meeting minutes continued} [3. Tenders for the IQD and the coins has been fulfilled.] We're 90% the contract the tender was fulfilled/ completed by DeLaRue Corporation. It was drafted and it was accepted. This tender should be on the CBI website very soon...they're printed and they're ready to go. [Post 3 of 8....stay tuned]
5-5-2023 Newshound Guru Clare Article: "Al-Sudani: The official dollar exchange rate will prove our financial situation is the best compared to previous years"
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5-5-2023 Intel Guru Bruce [via WiserNow] Wednesday was looking like D-Day - the day to get everything that we were looking for...And it ended up where it was not... Now – personally...I think there's a good chance our notifications will come out Sunday night into Monday morning - where we receive them and call in on Monday to set our appointments and quite possibly to start Monday the 8th or Tuesday...Again, we're very close. We almost got it. We didn’t get it - we had a couple of glitches - they've handled those I understand. Hopefully no more interruptions. no more glitches, and it looks like they’re shooting for either the weekend for our notifications or overnight on Sunday night into Monday.
5-5-2023 Newshound Guru Militia Man Al-Rafidain state bank is granting point-of-sale devices to all state institutions and the private sector free of charge. Now? Why? At a program rate/official rate at 1310? They didn't do that at 1166 or 1182 or 1190 or 1460...Why? Because that's not a reality. Something's going to change. All this work you're seeing being done is a key component of going international. When the Rafidain State Bank is going to electronic payment devices...free of charge until 2023, pretty obvious things are happening...
5-5-2023 Intel Guru MarkZ [via PDK] “Iraq to resume oil exports to Jordon” Many many articles showing they are international now...if you are international you need an international currency and a international banking system
5-5-2023 Guru Nader From The Mid East Last Friday in the mosques they talked about the new papers...they said the government is going to announce soon new money. Money can be the 20,000...I don't know...When they say soon it can be a month, it can be a week. Exactly time I don't know.
5-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The streets are still eager and they still have protests scheduled for Saturday to begin at the CBI headquarters so we wait.
5-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] {CBI's private bank meeting minutes continued} [2. ATMs in private banks linked internationally] Every Private bank of the Central Bank of Iraq will have 2 ATMs. You know our firm has 6 banks. 4 in Jordon and 2 in Baghdad. The two banks in Baghdad unveiled their 2 new ATMs. Citizens can see them. One of those ATMs is mobile. The other ATM is permanently stationed outside of the bank on the wall of the bank...there is a decal on the face...the decal depicts the denomination information. It is just words right now...it says, 'Iraqi citizens will soon be able to get from the ATM machines a 1, 5, 10, 20 etc'...both of the ATMs will be accompanied with a dedicated person 24/7 to train customers on how to use the ATMs once they go online... [Post 2 of 8....stay tuned]
5-5-2023 Newshound Guru Clare Article: "Al-Rafidain supports all state institutions and the private sector with POS devices for free" Quote: "...the decisions of the Central Bank of Iraq to move To electronic cash, starting from (June 1, 2023)"
5-5-2023 Newshound/Intel Guru Mnt Goat ...We will soon know one way or the other if all this fuss about the dinar was really about a reinstatement or not. I can only go by what I am told and what I read in the news. For me we should expect to see a major revaluation of at least between 1.00 - 1.50 dinars to the dollar. The articles told us and as the prime minister told the citizens, the dinar is worth much more than the dollar. If you pay attention, it does not take a rocket scientist to see that early June is significant for the currency and the economy of Iraq. Something BIG is about to change Iraq forever.
5-5-2023 Intel Guru MarkZ [via PDK] From the CBI in Iraq…this important to note: “For the purposed of strengthening the supervisory system of the money laundering and terrorist financing report unit and all licensed companies, scenarios have been prepared for money laundering and terrorist financing systems that are compatible with the financial work environment of Iraq” This sets the stage for them to be able to execute the rate change and make certain that none of the money goes where it shouldn’t…like re-hypothicating rats. Basically they have put in place the controls necessary for exchanges and so it does not go to the wrong place. They are spelling it out for us.
5-4-2023 Newshound/Intel Guru Walkingstick [via Frank26] [Follow up to Walkingstick's CBI minutes #1 post below] Do you remember 3 or 4 years ago when [Guru] Walkingstick's firm was selected by the Central Bank of Iraq as part of a testing with 2 sets of books? One accounting book was to pay the employees of the firm in USDs. The other was to be kept private to pay the Iraqi citizens in IQDs. This was called the RV Phase Recalculate, Recalculate, Recalculate of the exchange rate. The test was successful ...it took all those years for what we told you to finally come out. The books were paying the Iraqi citizens in IQDs instead of American dollars. The other book that was open was paying in American dollars to their employees. The test was to see what exchange rate is capable of sustaining the Iraqi dinar.
5-4-2023 Intel Guru MarkZ [via PDK] They are telling them in the mosques to be prepared for new paper. They are referring to “new Currency” New paper money…new bills...They will be different, they will look different, and they will feel different. They are bringing the people up to speed. They are not giving them a “when” yet. But, they are telling them it’s in the very near future. And they need to be prepared because its coming at any time...I keep hearing from all my contacts there…including contacts inside the government…That they have indeed already passed the budget and are waiting to announce it…it is done. I agree…they are clearly making provisions for HCL and oil deliveries and things are moving forward... Based on the rhetoric coming out of Iraq I am confident we will see great value in the extreme near future.
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5-4-2023 Guest Guru Trader "Net short-term capital gains are subject to taxation as ordinary income at graduated tax rates"...directly from the actual official IRS.Gov Tax Topic #409; pages 1-2. My research also shows the following statement of fact in: IRS Publication 525; Taxable and Nontaxable Income - page 34; "Foreign currency transactions. If you have a gain on a personal foreign currency transaction because of changes in exchange rates, you don't have to include that gain in your income unless it's more than $200. If the gain is more than $200, report it as a capital gain." [Post 2 of 2] [NOTE: Consult your tax professionals at the appropriate time to determine the correct tax for your unique circumstances and exchange strategy.]
5-4-2023 Guest Guru Trader [Tax Story] I met with my C.P.A. firm here in Tucson, Arizona on April 3rd, for a billable 1-hour. He stated to me that this investment in foreign currencies, upon exchange, will be taxed at the Capital Gains rates, which can range from 0% to 20% in tax year 2023, depending on the taxpayer's income, marital & filing status, & the length of the holding period of the investment. Holdings over 1-year are taxed as Long-Term Capital Gains, but if the holding period is under 1-year: [Post 1 of 2....stay tuned] [NOTE: Consult your tax professionals at the appropriate time to determine the correct tax for your unique circumstances and exchange strategy.]
5-4-2023 Guru Nader From The Mid East I'm going to try to give you the best I can because I've been busy for a couple of days, not working...working at home, traveling a little bit in Iraq...We're almost there I promise. Just a little patient. A couple more weeks okay, everybody will be happy.
5-4-2023 Newshound Guru Deepwoodz The only thing that makes sense to me at this point is that they chose 1310 for a reason and not just some random number or percentage. Once they achieve symbiosis of rate at the current 1310, then they drop the zeros at that point. Why else would you have chosen that lame number in the first place? Right? Right.
5-4-2023 Intel Guru Frank26 Article: "The Central Bank participates in a workshop to support the proliferation of points of sale (pos)" Quote: "Deputy Governor, Mr. Faisal Al-Haimus, stated that this bank is the best support for the private sector participating in the paradigm shift...The reality is that this cooperation will soon reap its positive fruits" It's a paradigm shift. Heck yeah! ...to have something so dramatic from a program rate to a float on your currency that only would add value to it on a constant basis?!? Paradigm shift is right! Holy guacamole! This is fantastic article...they're talking about the new small category notes that's the only paradigm shift that's occurring I promise you. The Monetary reform takes the IQD into a new dimension
5-4-2023 Newshound Guru Militia Man We hear there is a time frame for them to have the whole country...online electronically sometime around June 1st...that's what we're hearing. It's not necessarily in writing, cut in stone but effectively based on what we're getting from the banking side of the equation...
5-4-2023 Intel Guru MarkZ [via PDK] I am excited. Excited about today…excited about where we are headed…excited about all the progress we are seeing… I continue to hear from a lot of different sources like contractors and in the finance ministry over there…that there is a lot of pressure on…and they seem to have a goal in mind somewhere around May 10th…but it could happen before that. None of us know the exact timing. We are guessing based on what we see and hear. All of the indicators are very solid right now. These are exciting times…frustrating…but exciting.
5-4-2023 Newshound/Intel Guru Walkingstick [via Frank26] These 8 points are from the minute notes from the latest CBI and their private banks meeting that they had last week. The individuals [who got them] were at the executive level. 1. The subject was about employees are now paid in IQDs throughout Iraq] because it is their national currency. They are proud of the monetary reform success. [Post 1 of 8....stay tuned]
5-4-2023 Intel Guru Bruce [via WiserNow] They have been paying and they've acknowledged now that they're paying their contractors, their retirees - their military in new Iraqi dinar at the revalued rate...We talked about lower denominations of dinar is in the ATM ready to go...We know people personally that have exchanged in Iraq that are Iraqi citizens - we know that firsthand. So things are moving along nicely...
5-4-2023 Newshound/Intel Guru Mnt Goat ...we are close and Iraq is moving in the right direction. We have never seen such progress before in the direction we are looking for. But let’s not over-speculate. There is still much to be done but they will get there. I am still holding firm that we could see a reinstatement before June. The evidence is now right in front of our noses. Let’s see what happens before now and then...
5-3-2023 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. This is a refund grant they never have to pay back. They can spend however they like and you get a $1,500 cash reward for making the connection you can spend however you like… Click here to learn more >>
5-3-2023 Intel Guru Frank26 Financial Inclusion includes you [dinar investors].
5-3-2023 Newshound/Intel Guru Walkingstick [via Frank26] Currency swaps are in motion with a number of countries right now. The IQD will be asset-backed before it hits Forex.
5-3-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
5-3-2023 Newshound Guru Clare Article: "Najaf Airport: adopting dinars exclusively for tickets for passengers" Quote: "We would like to inform you that the management of Al-Najaf Al-Ashraf International Airport has directed a decision that it is necessary to receive the sums due from Iraqi Airways passengers exclusively in Iraqi dinars and at the official rate of the Central Bank of Iraq"
5-3-2023 Intel Guru Bruce [via WiserNow] This is this is probably the strongest Intel I think I've ever had in 12 years. So let's go for it. Okay...so where do we stand with Iraq...They have a new rate, they have had a new rate. They've been doing exchanges inside Iraq for at least I think three weeks now. They are going to publish their new Iraqi dinar rate in their Gazette...They may have already done it on the online version...when they put that rate out for all to see, even us, United States...that means it's a go for Iraq...that rate may show up on forex and they'll be trading on the Forex with their new international rate.
5-3-2023 Newshound Guru Pimpy There's really not a whole lot going on in Iraq. We keep monitoring it. We're really just waiting for the budget to pass. Once it passes I'm curious to see what happens as far as their GDP is concerned and the growth economically...
5-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are saying within a few weeks the street rate will be the same as the official rate...Street rate already getting at like 1390 and the official is 1310. FRANK: Yes the CBI is shooting for 1310/1320 to be parallel with...Once they reach that next level you will see a drop even more, probably at 1100 or 1000. Remember they told you very clearly, it's a gradual increase for the dinar and a gradual decrease for the American dollar to the point where it is no longer used in your country because you are about to have a new national currency with a new exchange rate and coins in order to be able to give change back.
5-3-2023 Intel Guru MarkZ [via PDK] From Iraq: “Iraqi dinar gains ground as US dollar exchange rate drops” The dinar continues to gain strength and the dollar continues to lose strength in their local markets.
5-3-2023 Newshound Guru Militia Man [Financial Inclusion] This is all about what? Finance, Banking and Trade. That's what they're telling us so ultimately the whole situation that we're up against in the next couple of days and this week has been and will be about training for the government officials, member countries...Institute for training and capacity building that's their goal...
5-3-2023 Newshound Guru Sandy Ingram Article: "Central: Paying the wages and salaries of foreign workers in Iraqi dinars" Iraq divorcing the US dollar. CBI to pay foreign workers in Iraqi dinars.
5-3-2023 Newshound/Intel Guru Mnt Goat ...back to the Dr. Shabibi days, when he was the director of the CBI, he told us that there must be stability and security for the “project to delete the zeros”... he told us the dinar must be stable. Part of this stability he said meant that it must stabilize at a rate matching the parallel market rate with a variance of only 2%...This was back in 2011-2012 folks... He was about to de-peg from the dollar and begin the project to delete the zeros when Nori al-Maliki corruption stopped it...So, once again in today’s news we have word of this same requirement... They have to follow the same plan. Only now they have already de-pegged from the dollar and much farther ahead, almost to a point of no return...
5-3-2023 Intel Guru Frank26 The CBI is meeting with everybody that you can think of...IMF, World Bank, US treasury is back again. It's going on like crazy.
5-3-2023 Intel Guru MarkZ “Al-Sudani meets with a German delegation and confirms the signing of the first batch of contracts with Siemans and preparations for the signing of the second batch of them.” ...Siemans is a huge company. And they are being paid in DINAR!!! This is very important.
5-3-2023 Intel Guru Frank26 Financial Inclusion includes you [dinar investors].
5-3-2023 Newshound/Intel Guru Walkingstick [via Frank26] Currency swaps are in motion with a number of countries right now. The IQD will be asset-backed before it hits Forex.
5-3-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
5-3-2023 Newshound Guru Clare Article: "Najaf Airport: adopting dinars exclusively for tickets for passengers" Quote: "We would like to inform you that the management of Al-Najaf Al-Ashraf International Airport has directed a decision that it is necessary to receive the sums due from Iraqi Airways passengers exclusively in Iraqi dinars and at the official rate of the Central Bank of Iraq"
5-3-2023 Intel Guru Bruce [via WiserNow] This is this is probably the strongest Intel I think I've ever had in 12 years. So let's go for it. Okay...so where do we stand with Iraq...They have a new rate, they have had a new rate. They've been doing exchanges inside Iraq for at least I think three weeks now. They are going to publish their new Iraqi dinar rate in their Gazette...They may have already done it on the online version...when they put that rate out for all to see, even us, United States...that means it's a go for Iraq...that rate may show up on forex and they'll be trading on the Forex with their new international rate.
5-3-2023 Newshound Guru Pimpy There's really not a whole lot going on in Iraq. We keep monitoring it. We're really just waiting for the budget to pass. Once it passes I'm curious to see what happens as far as their GDP is concerned and the growth economically...
5-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are saying within a few weeks the street rate will be the same as the official rate...Street rate already getting at like 1390 and the official is 1310. FRANK: Yes the CBI is shooting for 1310/1320 to be parallel with...Once they reach that next level you will see a drop even more, probably at 1100 or 1000. Remember they told you very clearly, it's a gradual increase for the dinar and a gradual decrease for the American dollar to the point where it is no longer used in your country because you are about to have a new national currency with a new exchange rate and coins in order to be able to give change back.
5-3-2023 Intel Guru MarkZ [via PDK] From Iraq: “Iraqi dinar gains ground as US dollar exchange rate drops” The dinar continues to gain strength and the dollar continues to lose strength in their local markets.
5-3-2023 Newshound Guru Militia Man [Financial Inclusion] This is all about what? Finance, Banking and Trade. That's what they're telling us so ultimately the whole situation that we're up against in the next couple of days and this week has been and will be about training for the government officials, member countries...Institute for training and capacity building that's their goal...
5-3-2023 Newshound Guru Sandy Ingram Article: "Central: Paying the wages and salaries of foreign workers in Iraqi dinars" Iraq divorcing the US dollar. CBI to pay foreign workers in Iraqi dinars.
5-3-2023 Newshound/Intel Guru Mnt Goat ...back to the Dr. Shabibi days, when he was the director of the CBI, he told us that there must be stability and security for the “project to delete the zeros”... he told us the dinar must be stable. Part of this stability he said meant that it must stabilize at a rate matching the parallel market rate with a variance of only 2%...This was back in 2011-2012 folks... He was about to de-peg from the dollar and begin the project to delete the zeros when Nori al-Maliki corruption stopped it...So, once again in today’s news we have word of this same requirement... They have to follow the same plan. Only now they have already de-pegged from the dollar and much farther ahead, almost to a point of no return...
5-3-2023 Intel Guru Frank26 The CBI is meeting with everybody that you can think of...IMF, World Bank, US treasury is back again. It's going on like crazy.
5-3-2023 Intel Guru MarkZ “Al-Sudani meets with a German delegation and confirms the signing of the first batch of contracts with Siemans and preparations for the signing of the second batch of them.” ...Siemans is a huge company. And they are being paid in DINAR!!! This is very important.
5-2-2023 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. This is a refund grant they never have to pay back. They can spend however they like and you get a $1,500 cash reward for making the connection you can spend however you like… Click here to learn more >>
5-2-2023 Intel Guru Frank26 Article: "Financial inclusion activities will start tomorrow to introduce banking services and reduce cash flow" CITIZEN'S MONETARY REFORM IS SERIOUS!
5-2-2023 Newshound Guru Pimpy Iraq's doing everything they can to just tread water for now and doing a pretty good job if you ask me. Iraq has $115 billion in reserve assets. That's awesome. Plus you add that to the gold I'd say they're doing pretty good.
5-2-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
5-2-2023 Intel Guru MarkZ From Iraq: “Full Cabinet decisions at today’s meetings.” Today they were making decisions and moving money, changing ministers and all sorts of things today. They are making decisions in today’s meeting that requires a budget to be done. This leads me to think the budget is already done and they are waiting to announce it along with the new rate.
5-2-2023 Guru Nader From The Mid East Article Quote: "...Foreign currency sale window platform...The growth has helped in reducing the gap between the official and parallel exchange rate significantly over the past days. The growth rate of banks participating in the platform reached 155% while demand levels raise from 42 request per week to about 1,280 requests...volume amounts for these requests rose from approximately $44 million per week to more than $490 million per week..." I follow Mohamed Salih he's very good. And a second one it's the CBI.
5-2-2023 Newshound Guru Sandy Ingram The 2nd International Conference on Real Estate and Investment kicked off in Baghdad on Yesterday May 1st. Baghdad is entertaining neighboring countries and foreign counties to encourage investment in the area. Iraq is on a roll of progress.
5-2-2023 Newshound Guru Deepwoodz Is dropping the zeros even in play here? Any articles saying so? If not, it’s going to be some time at the current rate of progress to get 1-1.5. That’s why I question the significance of becoming parallel. Is that part of being compliant that will facilitate a larger jump?
5-2-2023 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi Bank Friend Aki's CBI meeting report] WALKINGSTICK: Employees are now paid in IQD throughout Iraq. FRANK: What does it mean? It means they're Article VIII...that the currency of Iraq has a new value to it and they know it. WALKINGSTICK: ATM machines are in the private banks are now linked internationally all around the world...the tender for the new national currency and the coins has been fulfilled and it will be done by DeLaRue... The exchanges that will occur through the ISX and the ESX, that date was given in order to start trading internationally. FRANK: I'm very curious to know when that date is...! WALKINGSTICK: The introduction of the notes and coins was given. Mining operation contracts rolling in now. All of them paid in Iraqi dinars...
5-2-2023 Intel Guru MarkZ [via PDK] ...the Iraqi dinar...was valued at $4.04 against the USD in the late 90’s. Then it cratered with all the sanctions against it after they invaded Kuwait. Everytime they have revalued their currency over the years…they have not just dropped zeros…the value changes and you come out ahead. …They have significantly changed values 3 times over the last 100 years...Similar to the value change we are all looking for right now.
5-2-2023 Newshound Guru Militia Man Financial inclusion is starting tomorrow. How long is it going to take...they said about a week...Banks are going to be reviewing banking services to customers, the use of electronic banking tools, point of sale devices which could include ATMs and the culture of electronic payments...the government seeks to generalize the experience to all public and private sector institutions...they're basically saying if you want your new value...you're going to have to have bank accounts. You're going to have to do it electronically and you're probably going to have to do it whether you like it or not...
5-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They said the CBI tomorrow launches a new campaign... making more services available to citizens like electronic payments, new bank accounts, open loans, new cards etc...all things to reduce cash...The governor announced all payments of salaries to foreign workers inside of Iraq will be done in dinars, plus all taxes and insurances must be paid in from now on in dinars. FRANK: The national currency is about to come out and the new exchange rate. All of these things have to be set up now. You can't introduce a new exchange rate and new currency [without these things being done first] ...this is the definition of your monetary reform education...
5-2-2023 Newshound/Intel Guru Mnt Goat Article: "SUDANESE ADVISOR: THE OFFICIAL AND PARALLEL EXCHANGE RATES MATCH DEPENDS ON THIS MATTER" I believe this is part of the process to the RV and reinstatement. My CBI contact has told me a couple times now that they must get the rate within the range necessary. The official rate and parallel market rates must match with only a small variance allowed and I quote – “If the difference between them is 2%, then it is considered a match.”
5-2-2023 Intel Guru MarkZ Question: Is this our week Mark? MarkZ answer: Even though I keep getting egg on my face…I do believe this could be our week.
5-2-2023 Intel Guru Frank26 Article: "Financial inclusion activities will start tomorrow to introduce banking services and reduce cash flow" CITIZEN'S MONETARY REFORM IS SERIOUS!
5-2-2023 Newshound Guru Pimpy Iraq's doing everything they can to just tread water for now and doing a pretty good job if you ask me. Iraq has $115 billion in reserve assets. That's awesome. Plus you add that to the gold I'd say they're doing pretty good.
5-2-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
5-2-2023 Intel Guru MarkZ From Iraq: “Full Cabinet decisions at today’s meetings.” Today they were making decisions and moving money, changing ministers and all sorts of things today. They are making decisions in today’s meeting that requires a budget to be done. This leads me to think the budget is already done and they are waiting to announce it along with the new rate.
5-2-2023 Guru Nader From The Mid East Article Quote: "...Foreign currency sale window platform...The growth has helped in reducing the gap between the official and parallel exchange rate significantly over the past days. The growth rate of banks participating in the platform reached 155% while demand levels raise from 42 request per week to about 1,280 requests...volume amounts for these requests rose from approximately $44 million per week to more than $490 million per week..." I follow Mohamed Salih he's very good. And a second one it's the CBI.
5-2-2023 Newshound Guru Sandy Ingram The 2nd International Conference on Real Estate and Investment kicked off in Baghdad on Yesterday May 1st. Baghdad is entertaining neighboring countries and foreign counties to encourage investment in the area. Iraq is on a roll of progress.
5-2-2023 Newshound Guru Deepwoodz Is dropping the zeros even in play here? Any articles saying so? If not, it’s going to be some time at the current rate of progress to get 1-1.5. That’s why I question the significance of becoming parallel. Is that part of being compliant that will facilitate a larger jump?
5-2-2023 Newshound/Intel Guru Walkingstick [via Frank26] [Iraqi Bank Friend Aki's CBI meeting report] WALKINGSTICK: Employees are now paid in IQD throughout Iraq. FRANK: What does it mean? It means they're Article VIII...that the currency of Iraq has a new value to it and they know it. WALKINGSTICK: ATM machines are in the private banks are now linked internationally all around the world...the tender for the new national currency and the coins has been fulfilled and it will be done by DeLaRue... The exchanges that will occur through the ISX and the ESX, that date was given in order to start trading internationally. FRANK: I'm very curious to know when that date is...! WALKINGSTICK: The introduction of the notes and coins was given. Mining operation contracts rolling in now. All of them paid in Iraqi dinars...
5-2-2023 Intel Guru MarkZ [via PDK] ...the Iraqi dinar...was valued at $4.04 against the USD in the late 90’s. Then it cratered with all the sanctions against it after they invaded Kuwait. Everytime they have revalued their currency over the years…they have not just dropped zeros…the value changes and you come out ahead. …They have significantly changed values 3 times over the last 100 years...Similar to the value change we are all looking for right now.
5-2-2023 Newshound Guru Militia Man Financial inclusion is starting tomorrow. How long is it going to take...they said about a week...Banks are going to be reviewing banking services to customers, the use of electronic banking tools, point of sale devices which could include ATMs and the culture of electronic payments...the government seeks to generalize the experience to all public and private sector institutions...they're basically saying if you want your new value...you're going to have to have bank accounts. You're going to have to do it electronically and you're probably going to have to do it whether you like it or not...
5-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They said the CBI tomorrow launches a new campaign... making more services available to citizens like electronic payments, new bank accounts, open loans, new cards etc...all things to reduce cash...The governor announced all payments of salaries to foreign workers inside of Iraq will be done in dinars, plus all taxes and insurances must be paid in from now on in dinars. FRANK: The national currency is about to come out and the new exchange rate. All of these things have to be set up now. You can't introduce a new exchange rate and new currency [without these things being done first] ...this is the definition of your monetary reform education...
5-2-2023 Newshound/Intel Guru Mnt Goat Article: "SUDANESE ADVISOR: THE OFFICIAL AND PARALLEL EXCHANGE RATES MATCH DEPENDS ON THIS MATTER" I believe this is part of the process to the RV and reinstatement. My CBI contact has told me a couple times now that they must get the rate within the range necessary. The official rate and parallel market rates must match with only a small variance allowed and I quote – “If the difference between them is 2%, then it is considered a match.”
5-2-2023 Intel Guru MarkZ Question: Is this our week Mark? MarkZ answer: Even though I keep getting egg on my face…I do believe this could be our week.
5-1-2023 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. This is a refund grant they never have to pay back. They can spend however they like and you get a $1,500 cash reward for making the connection you can spend however you like… Click here to learn more >>
5-1-2023 Newshound Guru Deepwoodz ...Why choose 1310 at all? Doesn’t compute in my mind...They jumped from 1160-1190 to 1460 with the flip of a switch. Only one reason why they can’t make an equal jump back…because they don’t want to yet. So what are they waiting on? And if you think de-dollarize, wouldn’t making your currency more valuable (with the IMF’s consent) instantly cause all the citizens to forget the dollar?
5-1-2023 Intel Guru Frank26 I don't know when it [The Iraqi dinar rate] will be capped...I don't know when it's going to stop with the cap. You must determine that. It's your stewardship/responsibility. I will say this, Middle Eastern currencies are all $3+...
5-1-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
5-1-2023 Intel Guru MarkZ [via PDK] Article: ”The State Administration sets a deadline of 10 days for resolving discussions on the budget” If they are putting this out this means they are way ahead of that timeline now…. They put out dates to keep the timing cloudy. Question: Do you expect a new rate inside the budget? MarkZ answer: I expect to see it about the same time…. HCL needs that rate. (The Hydrocarbon law)
5-1-2023 Newshound Guru Clare Article: "In the presence of Al-Sudani and Al-Halbousi.. The state administration sets a date for resolving the budget discussions” Quote: "May 10, 2023 as the last resort to resolve discussions on budget items...The meeting was attended by the Prime Minister, Speaker of Parliament and all leaders of the coalition."
5-1-2023 Newshound/Intel Guru Walkingstick [via Frank26] The basket that they have chosen to be in is probably the safest way to start the float - at 1.5...or the CBI can come out and say, 'We're done.' And come out with the new small category notes...at a full 100% asset backed after the onset instead. What do you want to start at $3.50? Ok fine. They can do that if they wanted to. Would they do that? They can.
5-1-2023 Newshound Guru Samson Article: ”Today, Sunday, the Association of Iraqi Private Banks confirmed that the dinar is recovering and will return strong and stable.”
5-1-2023 Intel Guru Frank26 Article: "Central: Payment of wages and salaries of foreign workers in Iraqi dinars" THE CBI SAYS TO THE INTERNATIONAL WORLD YOU CAN TRUST OUR NATIONAL CURRENCY & BECAUSE OF ARTICLE 8 WE CAN TRUST YOUR FOREIGN CURRENCY IN OUR COUNTRY.
5-1-2023 Newshound Guru Deepwoodz ...We have a Shiite PM who was installed by the coordination framework/state of law Maliki coalition after they ran Sadr out of town...the fact that he is quiet now only means whatever made him leave is still in effect. Now we have a lot of promises, but do we really? Parallel rates? 1310? So they took a mile and are giving back an inch. No wonder Iran isn’t causing any more trouble. They don’t have to...All I want to know is why 1310.
5-1-2023 Intel Guru MarkZ [via PDK] It appears they have made a massive change on how they are paying people internationally. It looks like 1 USD only buys 151 dinars which would be a massive change in value over the weekend. Although they have not yet announced a price change. And it is not yet on forex…It’s a crazy thing-what they are doing. Based on this I am expecting huge movement at any moment. I have friends that are contractors over there and they used to get paid in US dollars. Now they are only paid in dinar…. We are really close. [Post 2 of 2]
5-1-2023 Intel Guru MarkZ [via PDK] Many of us believe the budget and HCL is done…just needing to be announced with the new rate…many of us are hearing this from on the ground contacts in Iraq. It was expected they would announce this over the weekend in Iraq…but they have not yet. The IMF is showing the special drawing rights (SDR) of the Iraqi dinar... Saying a Nominal effective exchange rate (NEER) and there is already a float going on… [Post 1 of 2....stay tuned]
5-1-2023 Newshound Guru Pimpy There seems to be a lot of stalling happening when it comes to the budget and I'm wondering if they're just waiting to see what the United States is going to do as far as the Central Bank Digital Currency is concerned. Are they just waiting for the United States to move into the CBDC? Because if they're supposed to be the currency that they use then guess who else has to go into the CBDC's. Everybody else over there...
5-1-2023 Intel Guru Frank26 They [The Iraqi citizens] know. They're drilling it [that change is coming to the dinar] into them everyday, hour after hour, commercial after commercial. It cannot fail with the Iraqi citizens.
5-1-2023 Guest Guru CANDYKISSES TODAY IS A HOLIDAY IN IRAQ..."Iraq suspends official working hours on Monday on the occasion of Labor Day ... The Iraqi Prime Minister, Muhammad Shia'a Al-Sudani, directed the suspension of official working hours on Monday, May 1, coinciding with International Workers' Day."
5-1-2023 Newshound Guru Deepwoodz ...Why choose 1310 at all? Doesn’t compute in my mind...They jumped from 1160-1190 to 1460 with the flip of a switch. Only one reason why they can’t make an equal jump back…because they don’t want to yet. So what are they waiting on? And if you think de-dollarize, wouldn’t making your currency more valuable (with the IMF’s consent) instantly cause all the citizens to forget the dollar?
5-1-2023 Intel Guru Frank26 I don't know when it [The Iraqi dinar rate] will be capped...I don't know when it's going to stop with the cap. You must determine that. It's your stewardship/responsibility. I will say this, Middle Eastern currencies are all $3+...
5-1-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
5-1-2023 Intel Guru MarkZ [via PDK] Article: ”The State Administration sets a deadline of 10 days for resolving discussions on the budget” If they are putting this out this means they are way ahead of that timeline now…. They put out dates to keep the timing cloudy. Question: Do you expect a new rate inside the budget? MarkZ answer: I expect to see it about the same time…. HCL needs that rate. (The Hydrocarbon law)
5-1-2023 Newshound Guru Clare Article: "In the presence of Al-Sudani and Al-Halbousi.. The state administration sets a date for resolving the budget discussions” Quote: "May 10, 2023 as the last resort to resolve discussions on budget items...The meeting was attended by the Prime Minister, Speaker of Parliament and all leaders of the coalition."
5-1-2023 Newshound/Intel Guru Walkingstick [via Frank26] The basket that they have chosen to be in is probably the safest way to start the float - at 1.5...or the CBI can come out and say, 'We're done.' And come out with the new small category notes...at a full 100% asset backed after the onset instead. What do you want to start at $3.50? Ok fine. They can do that if they wanted to. Would they do that? They can.
5-1-2023 Newshound Guru Samson Article: ”Today, Sunday, the Association of Iraqi Private Banks confirmed that the dinar is recovering and will return strong and stable.”
5-1-2023 Intel Guru Frank26 Article: "Central: Payment of wages and salaries of foreign workers in Iraqi dinars" THE CBI SAYS TO THE INTERNATIONAL WORLD YOU CAN TRUST OUR NATIONAL CURRENCY & BECAUSE OF ARTICLE 8 WE CAN TRUST YOUR FOREIGN CURRENCY IN OUR COUNTRY.
5-1-2023 Newshound Guru Deepwoodz ...We have a Shiite PM who was installed by the coordination framework/state of law Maliki coalition after they ran Sadr out of town...the fact that he is quiet now only means whatever made him leave is still in effect. Now we have a lot of promises, but do we really? Parallel rates? 1310? So they took a mile and are giving back an inch. No wonder Iran isn’t causing any more trouble. They don’t have to...All I want to know is why 1310.
5-1-2023 Intel Guru MarkZ [via PDK] It appears they have made a massive change on how they are paying people internationally. It looks like 1 USD only buys 151 dinars which would be a massive change in value over the weekend. Although they have not yet announced a price change. And it is not yet on forex…It’s a crazy thing-what they are doing. Based on this I am expecting huge movement at any moment. I have friends that are contractors over there and they used to get paid in US dollars. Now they are only paid in dinar…. We are really close. [Post 2 of 2]
5-1-2023 Intel Guru MarkZ [via PDK] Many of us believe the budget and HCL is done…just needing to be announced with the new rate…many of us are hearing this from on the ground contacts in Iraq. It was expected they would announce this over the weekend in Iraq…but they have not yet. The IMF is showing the special drawing rights (SDR) of the Iraqi dinar... Saying a Nominal effective exchange rate (NEER) and there is already a float going on… [Post 1 of 2....stay tuned]
5-1-2023 Newshound Guru Pimpy There seems to be a lot of stalling happening when it comes to the budget and I'm wondering if they're just waiting to see what the United States is going to do as far as the Central Bank Digital Currency is concerned. Are they just waiting for the United States to move into the CBDC? Because if they're supposed to be the currency that they use then guess who else has to go into the CBDC's. Everybody else over there...
5-1-2023 Intel Guru Frank26 They [The Iraqi citizens] know. They're drilling it [that change is coming to the dinar] into them everyday, hour after hour, commercial after commercial. It cannot fail with the Iraqi citizens.
5-1-2023 Guest Guru CANDYKISSES TODAY IS A HOLIDAY IN IRAQ..."Iraq suspends official working hours on Monday on the occasion of Labor Day ... The Iraqi Prime Minister, Muhammad Shia'a Al-Sudani, directed the suspension of official working hours on Monday, May 1, coinciding with International Workers' Day."
4-30-2023 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. This is a refund grant they never have to pay back. They can spend however they like and you get a $1,500 cash reward for making the connection you can spend however you like… Click here to learn more >>
4-30-2023 Newshound Guru Militia Man I get information just like everybody else in this [dinar community] realm - by education, by communication, by phone conversations, interviews. All this stuff goes into real-time data is that you interview the experts...people that are involved. Not all of it is in print.
4-30-2023 Newshound Guru Deepwoodz Article: "Finance Committee: The draft salary scale amendment is in the hands of the Council of Ministers and we support" Along with all the technology updates and platforms now in place, a couple other aspects I would ASSume require attention, are the salary scale and consumer product pricing that would need adjustments, and why the salary scale has been mentioned lately...salaries would have to be commensurate with a substantial rate change. AND, the POS devices would have to be connected in such a way as to make their calculations in an instant. I don’t think that’s how it works here in the U. S. but this isn’t an everyday event either...
4-30-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-30-2023 Guru Nader From The Mid East They said everything is done. They're waiting for what? I don't know. For the budget? I don't know. They're waiting for the new categories? I don't know. They're not saying anything about the new categories. They're not saying anything about nothing. So we'll see what's going on...
4-30-2023 Newshound Guru Clare Question: "Are they saying the vote before or after their vacation?" Clare Answer: PARLIAMENT EXTENDED THE SESSION.. IT WAS SUPPOSED TO END ON MAY 9TH... BUT NOW PARLIAMENT HAS TO KEEP WORKING UNTIL THE BUDGET IS PASSED. HOPEFULLY THAT GIVES THEM INCENTIVE TO HURRY UP & SCHEDULE THE 3RD VOTE. BUT THEY ARE DEFINITELY WORKING ON THE NUMBERS. Question: "But we’ve been told/lead to believe, that the BUDGET WAS DONE?" Clare Answer: IT IS DONE ... THEY HAVE TO GO THROUGH THE FORMALITIES IMO ONLY. THEY'VE HAD TWO READINGS ALREADY...
4-30-2023 Newshound Guru Militia Man They're saying the dollar is going to continuously decline because of this new budget. So prior to that new budget which is expected in the coming days, we should see something happen that could be in our best interest...
4-30-2023 Intel Guru MarkZ [via PDK] Member Question: Mark do you think we will still be here waiting on June 1st? MarkZ answer: I don’t think so. But then I didn’t think we would still be here looking at May 1st...
4-30-2023 Newshound Guru Deepwoodz [Response to Guru Paulette below] ...When they went to 1460 they were out of compliance the opposite direction. Then, they went to 1310 on a whim, and that put them out of 2% compliance. Now everyone in the world is supposed to wait and see if they can attain symmetry from 1310? Why 1310? Why not 500 or 1000? Why not choose a 1-1 rate to begin with in an internal float? Out of compliance either way till you're not...Why slap them [citizens] with a worse rate than they had two years ago to attain symmetry? Why not give them something to be proud of at the onset instead of a completely Iranian idea of a value? ...It just doesn’t make sense to me.
4-30-2023 Guest Guru Docmagee94 Here is a partial list of the Strongest Currencies in the world right now, and their value to USD. Enjoy the top 4 if you will: 1. Kuwati Dinar - 1 KWD = 3.26 USD. 2. Bahraini Dinar - 1 BHD = 2.65 USD. 3. Omani Rial - 1 OMR = 2.60 USD. 4. Jordanian Dinar - 1 JOD = 1.41 USD. IMO, Iraqi Dinar could soon be in the top 10, if not top 5, most valuable currencies in the world. And what do they all have in common? Backed by assets.
4-30-2023 Newshound Guru Paulette I have watched the Market Rate for almost 15 years. IMF Article 8 compliance requires no Multi Currency Practice. A Market Rate of greater than 2% constitutes a Multi Currency Practice according to IMF Article 8. Bottom Line, Iraq cannot be compliant with Article 8 requirements if the Market Rate exceeds 2% of the Official Rate. The new verbiage of "Parallel Rate" has made this seem as a new issue ...Saleh has now stated this twice recently. The real question is how long must they maintain the 2%...90 days. I never saw this printed in Article 8.... Considering all we are being told, I don't accept the 90 day theory.
4-30-2023 Intel Guru Goldilocks The Iraqi money is backed by foreign exchange, treasury notes and precious metals such as gold. Their recent Banking Reforms have allowed movements towards establishing banking protocols. It puts them into a position of having a set of standards allowing them to move into the International stage. Iraq's currency is backed by gold. This is their moment...
4-30-2023 Newshound Guru Militia Man I get information just like everybody else in this [dinar community] realm - by education, by communication, by phone conversations, interviews. All this stuff goes into real-time data is that you interview the experts...people that are involved. Not all of it is in print.
4-30-2023 Newshound Guru Deepwoodz Article: "Finance Committee: The draft salary scale amendment is in the hands of the Council of Ministers and we support" Along with all the technology updates and platforms now in place, a couple other aspects I would ASSume require attention, are the salary scale and consumer product pricing that would need adjustments, and why the salary scale has been mentioned lately...salaries would have to be commensurate with a substantial rate change. AND, the POS devices would have to be connected in such a way as to make their calculations in an instant. I don’t think that’s how it works here in the U. S. but this isn’t an everyday event either...
4-30-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-30-2023 Guru Nader From The Mid East They said everything is done. They're waiting for what? I don't know. For the budget? I don't know. They're waiting for the new categories? I don't know. They're not saying anything about the new categories. They're not saying anything about nothing. So we'll see what's going on...
4-30-2023 Newshound Guru Clare Question: "Are they saying the vote before or after their vacation?" Clare Answer: PARLIAMENT EXTENDED THE SESSION.. IT WAS SUPPOSED TO END ON MAY 9TH... BUT NOW PARLIAMENT HAS TO KEEP WORKING UNTIL THE BUDGET IS PASSED. HOPEFULLY THAT GIVES THEM INCENTIVE TO HURRY UP & SCHEDULE THE 3RD VOTE. BUT THEY ARE DEFINITELY WORKING ON THE NUMBERS. Question: "But we’ve been told/lead to believe, that the BUDGET WAS DONE?" Clare Answer: IT IS DONE ... THEY HAVE TO GO THROUGH THE FORMALITIES IMO ONLY. THEY'VE HAD TWO READINGS ALREADY...
4-30-2023 Newshound Guru Militia Man They're saying the dollar is going to continuously decline because of this new budget. So prior to that new budget which is expected in the coming days, we should see something happen that could be in our best interest...
4-30-2023 Intel Guru MarkZ [via PDK] Member Question: Mark do you think we will still be here waiting on June 1st? MarkZ answer: I don’t think so. But then I didn’t think we would still be here looking at May 1st...
4-30-2023 Newshound Guru Deepwoodz [Response to Guru Paulette below] ...When they went to 1460 they were out of compliance the opposite direction. Then, they went to 1310 on a whim, and that put them out of 2% compliance. Now everyone in the world is supposed to wait and see if they can attain symmetry from 1310? Why 1310? Why not 500 or 1000? Why not choose a 1-1 rate to begin with in an internal float? Out of compliance either way till you're not...Why slap them [citizens] with a worse rate than they had two years ago to attain symmetry? Why not give them something to be proud of at the onset instead of a completely Iranian idea of a value? ...It just doesn’t make sense to me.
4-30-2023 Guest Guru Docmagee94 Here is a partial list of the Strongest Currencies in the world right now, and their value to USD. Enjoy the top 4 if you will: 1. Kuwati Dinar - 1 KWD = 3.26 USD. 2. Bahraini Dinar - 1 BHD = 2.65 USD. 3. Omani Rial - 1 OMR = 2.60 USD. 4. Jordanian Dinar - 1 JOD = 1.41 USD. IMO, Iraqi Dinar could soon be in the top 10, if not top 5, most valuable currencies in the world. And what do they all have in common? Backed by assets.
4-30-2023 Newshound Guru Paulette I have watched the Market Rate for almost 15 years. IMF Article 8 compliance requires no Multi Currency Practice. A Market Rate of greater than 2% constitutes a Multi Currency Practice according to IMF Article 8. Bottom Line, Iraq cannot be compliant with Article 8 requirements if the Market Rate exceeds 2% of the Official Rate. The new verbiage of "Parallel Rate" has made this seem as a new issue ...Saleh has now stated this twice recently. The real question is how long must they maintain the 2%...90 days. I never saw this printed in Article 8.... Considering all we are being told, I don't accept the 90 day theory.
4-30-2023 Intel Guru Goldilocks The Iraqi money is backed by foreign exchange, treasury notes and precious metals such as gold. Their recent Banking Reforms have allowed movements towards establishing banking protocols. It puts them into a position of having a set of standards allowing them to move into the International stage. Iraq's currency is backed by gold. This is their moment...
4-29-2023 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. This is a refund grant they never have to pay back. They can spend however they like and you get a $1,500 cash reward for making the connection you can spend however you like… Click here to learn more >>
4-29-2023 Newshound Guru Militia Man At this stage of the game...everybody should be smiling, going, ' Iraq 's finally coming to the open market.' What we're looking for is the Forex - the Iraqi dinar to be exposed to the international world at an internationally acceptable exchange rate. We're probably going to see that, I would hope, any time. It's pretty powerful stuff.
4-29-2023 Newshound Guru Deepwoodz All indications from reading up on parallel rates are that this means the illegal or black market rate. Just like in Iraq ...They are squeezing out the dollars. This eliminates the multi currency practice that goes against becoming article 8 compliant. I found it interesting that a country only has to notify the IMF that they will comply with article 8 to be article 8. Then simply comply.
4-29-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-29-2023 Intel Guru MarkZ [via PDK] I have started getting some notifications late last night and this morning that tier 1 is officially paying. I have a very good T1 contact and Im trying to get a hold of them to find out if this is accurate. If it is- that tells us that a cascade of events has sped up and we are on the cusp.
4-29-2023 Intel Guru Frank26 I have a better idea of when to hold'm and when to fold'm. Because at $1.50 I'm already half way there to the $3 I was seeking. In reality I wouldn't be surprised if this thing goes into the $4 range.
4-29-2023 Newshound Guru Walkingstick [via Frank26] The articles are not keeping up with what they are telling the citizens. Remember this education is for them. Not for us.
4-29-2023 Newshound Guru Militia Man Iraq's new banking system is going to be all about them facilitating international trade...They've got their systems to the point where there's internationally compliant...in compliance with the IMF regulatory requirements.
4-29-2023 Intel Guru MarkZ [via PDK] There are a lot of conflicting news stories coming out of Iraq. Part of the diversion to keep us guessing on timing…. Right now they are letting us know their legislative holiday is supposed to start on May 9th….BUT, if they budget is not done…they will extend this session until it is. We of course have contacts on the ground over there that say they have already passed the budget but have not announced it yet. That they are waiting to execute it because they are working on the exchange rate change. We were expecting this back and forth to happen at the end. Just like what they did in Kuwait. The morning of their revaluation they ran an article saying no rate change for 6-9 months then they did it that same day. This is the kind of news we are expecting to get.
4-29-2023 Newshound Guru Deepwoodz Article: "A Sudanese advisor expects the official and parallel dollar prices to match within weeks". If the official rate is 1310 then according to this article, they are looking to make the rate in the market parallel within 2%, that’s a net of 1336...They are in the process of controlling their rate, and it is obviously a slow but deliberate
process, but they are controlling it. Question is why is this important? It’s definitely not the rate anyone in Iraq or anywhere else is going to be proud of. So is it just the fact that they have the ability to manipulate it? Do they have to prove this to the IMF? I think maybe...
4-29-2023 Intel Guru Frank26 Article: "A Sudanese advisor expects the official and parallel dollar prices to match within weeks" Quote: "We expect that, within a few weeks, there will be a match between the two prices," Saleh said to the Euphrates News Agency, noting that "this match is if the difference between them is 2%, then it is considered a match." THE PLUS OR MINUS OF 2-3% IS DRIVING THE MONETARY REFORM.
4-29-2023 Newshound Guru Clare Article: "A Sudanese advisor expects the official and parallel dollar prices to match within weeks" Quote: "We expect that, within a few weeks, there will be a match between the two prices, Saleh said to the Euphrates News Agency, noting that this match is if the difference between them is 2%, then it is considered a match."
4-29-2023 Intel Guru MarkZ [via PDK] Now that Iraq is international…they can actually process exchanges…this is huge news today...I do know if they had their “druthers”, the time they would love to announce it the most would be early Saturday morning prayers so they can put it in the Gazette. I am not saying that is when it will happen…but we are circling over the target.
4-29-2023 Newshound Guru Militia Man At this stage of the game...everybody should be smiling, going, ' Iraq 's finally coming to the open market.' What we're looking for is the Forex - the Iraqi dinar to be exposed to the international world at an internationally acceptable exchange rate. We're probably going to see that, I would hope, any time. It's pretty powerful stuff.
4-29-2023 Newshound Guru Deepwoodz All indications from reading up on parallel rates are that this means the illegal or black market rate. Just like in Iraq ...They are squeezing out the dollars. This eliminates the multi currency practice that goes against becoming article 8 compliant. I found it interesting that a country only has to notify the IMF that they will comply with article 8 to be article 8. Then simply comply.
4-29-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-29-2023 Intel Guru MarkZ [via PDK] I have started getting some notifications late last night and this morning that tier 1 is officially paying. I have a very good T1 contact and Im trying to get a hold of them to find out if this is accurate. If it is- that tells us that a cascade of events has sped up and we are on the cusp.
4-29-2023 Intel Guru Frank26 I have a better idea of when to hold'm and when to fold'm. Because at $1.50 I'm already half way there to the $3 I was seeking. In reality I wouldn't be surprised if this thing goes into the $4 range.
4-29-2023 Newshound Guru Walkingstick [via Frank26] The articles are not keeping up with what they are telling the citizens. Remember this education is for them. Not for us.
4-29-2023 Newshound Guru Militia Man Iraq's new banking system is going to be all about them facilitating international trade...They've got their systems to the point where there's internationally compliant...in compliance with the IMF regulatory requirements.
4-29-2023 Intel Guru MarkZ [via PDK] There are a lot of conflicting news stories coming out of Iraq. Part of the diversion to keep us guessing on timing…. Right now they are letting us know their legislative holiday is supposed to start on May 9th….BUT, if they budget is not done…they will extend this session until it is. We of course have contacts on the ground over there that say they have already passed the budget but have not announced it yet. That they are waiting to execute it because they are working on the exchange rate change. We were expecting this back and forth to happen at the end. Just like what they did in Kuwait. The morning of their revaluation they ran an article saying no rate change for 6-9 months then they did it that same day. This is the kind of news we are expecting to get.
4-29-2023 Newshound Guru Deepwoodz Article: "A Sudanese advisor expects the official and parallel dollar prices to match within weeks". If the official rate is 1310 then according to this article, they are looking to make the rate in the market parallel within 2%, that’s a net of 1336...They are in the process of controlling their rate, and it is obviously a slow but deliberate
process, but they are controlling it. Question is why is this important? It’s definitely not the rate anyone in Iraq or anywhere else is going to be proud of. So is it just the fact that they have the ability to manipulate it? Do they have to prove this to the IMF? I think maybe...
4-29-2023 Intel Guru Frank26 Article: "A Sudanese advisor expects the official and parallel dollar prices to match within weeks" Quote: "We expect that, within a few weeks, there will be a match between the two prices," Saleh said to the Euphrates News Agency, noting that "this match is if the difference between them is 2%, then it is considered a match." THE PLUS OR MINUS OF 2-3% IS DRIVING THE MONETARY REFORM.
4-29-2023 Newshound Guru Clare Article: "A Sudanese advisor expects the official and parallel dollar prices to match within weeks" Quote: "We expect that, within a few weeks, there will be a match between the two prices, Saleh said to the Euphrates News Agency, noting that this match is if the difference between them is 2%, then it is considered a match."
4-29-2023 Intel Guru MarkZ [via PDK] Now that Iraq is international…they can actually process exchanges…this is huge news today...I do know if they had their “druthers”, the time they would love to announce it the most would be early Saturday morning prayers so they can put it in the Gazette. I am not saying that is when it will happen…but we are circling over the target.
4-28-2023 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. This is a refund grant they never have to pay back. They can spend however they like and you get a $1,500 cash reward for making the connection you can spend however you like… Click here to learn more >>
4-28-2023 Newshound Guru Militia Man ...What we might see towards this last stage...when it comes to the exchange rate...some things that aren't necessarily true, a little misleading or flat out wrong.
4-28-2023 Intel Guru MarkZ [via PDK] Member question: Has the third reading of Iraq’s budget happened yet? MarkZ Answer: From folks over there they are telling me “yes” and they have just not announced it has been approved…yet. There is very purposeful “smoke” coming out of Iraq right now. Member question: ...what are your thoughts about the rumor it will take 3 more weeks or so? …we are seeing a lot of different things being thrown out there right now. They need to cloud the timing on purpose. There are so many indicators showing its “right now” so they are throwing the smoke out there. Don’t let it drive you nuts.
4-28-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-28-2023 Intel Guru Frank26 We want to see what the CBI and Sudani are saying. Do we care about anything else? No. Do we care what the IMF is saying? No. Do we care about what the U.S. Treasury is saying? No. Why not? They're done. All they're doing is announcing it to the citizens of Iraq...
4-28-2023 Guest Guru BobTheTaxMan The IQD is considered to be "ORDINARY INCOME"...the taxes due will be calculated by your personal tax bracket and marital status at the time you exchange your IQD for USD. This becomes a taxable event...the maximum taxation of the IQD exchange would range from 37% federal only, up to a possible 13% [additional] depending on your state of residence. (13% is calculated on California). There can be other taxes applied if you exchange more that $1 million in any given year...there's an additional 3% tax they want to impose...You're going to want to have a conversation with your tax professional and make sure you prepare for this appropriately. This is important.
4-28-2023 Intel Guru Bruce [via WiserNow] ...we need Iraq to do one thing, and that is to put their new dinar rate, which would be their CBI rate or their international rates into the printed Gazette, which comes out Saturday...they've been exchanging there for over two weeks in country - in ...Iraq ...we heard from very, very high up source, said that April's showers will bring May dollars... I think the rate will be good. The rate will be very strong. And dong rate is going to be very strong also... I'm hearing is we should be getting notified Saturday. And I think based on that we should start Monday or at the very latest. So I think we're just about there...
4-28-2023 Newshound Guru Samson Article: ”The Central Bank of Iraq launches the Banking Supervision Reporting System (BSRS)" Quote: "...the new system will collect financial data from banks and non-banking financial institutions represented by banks’ quarterly data tables, mandatory reserve reservation tables, and trial balance tables for non-banking financial institutions.” [NOTE: See Guru Militia Man's post about the importance of BSRS below]
4-28-2023 Newshound Guru Kaperoni If the Iraqi dinar is ever going to go up in value it will do so as stated by the IMF several years ago in the Article IV Consultation stating that they encouraged Iraq to move to a flexible exchange rate policy...which would allow a predictable and gradual appreciation of the exchange rate...
4-28-2023 Intel Guru MarkZ [via PDK] From Iraq - the last reports were they are hoping to see something on Saturday. We will find out very soon.
4-28-2023 Newshound Guru Militia Man The CBI announced today the BSRS (Banking Supervision Reporting System)...It's important is because ...the banks in Iraq...didn't have advanced technology. It was all pen and paper...and it was a mess...Now they have the whole system set up from the Central Bank of Iraq down to the banks and down to the branches. What that means is they have all the knowledge of all the currency inflow and outflow...In other words the central bank knows...how much currency inventory goes in the country and goes out of the country...they can account for all the money...The ability to account for currency and the inventory of it is phenomenal...
4-28-2023 Newshound Guru Clare Article: "The Central Bank of Iraq launches the Banking Supervision Reporting System (BSRS)”
4-28-2023 Intel Guru Frank26 Article: "One week separates the dollar from stability at the parallel price of 132 thousand dinars". 1320 IS NEXT AND THEN 1100, IN MY OPINION.
4-28-2023 Intel Guru MarkZ [via PDK] I am still hearing it will be a re-instatement. I have also heard they are concerned that if it is a unmonitored float- similar to what Kuwait did- the rate will bounce all over the place. So I am hearing the plan is to go with a more solid rate…which in my opinion will put it well north of $4.00. This is just my opinion.
4-28-2023 Newshound/Intel Guru Mnt Goat I can hardly wait for them to roll out the newer lower denominations as this too will be our final sign that there is no turning back... ...the actions taken by the CBI since January you can clearly see, like me, that to this point there is really almost no turning back. Commitments are already going forward and the changes to reinstate at a revalue rate are in play. We just don’t know the date but we know it is coming and much sooner than later.
4-28-2023 Newshound Guru Militia Man ...What we might see towards this last stage...when it comes to the exchange rate...some things that aren't necessarily true, a little misleading or flat out wrong.
4-28-2023 Intel Guru MarkZ [via PDK] Member question: Has the third reading of Iraq’s budget happened yet? MarkZ Answer: From folks over there they are telling me “yes” and they have just not announced it has been approved…yet. There is very purposeful “smoke” coming out of Iraq right now. Member question: ...what are your thoughts about the rumor it will take 3 more weeks or so? …we are seeing a lot of different things being thrown out there right now. They need to cloud the timing on purpose. There are so many indicators showing its “right now” so they are throwing the smoke out there. Don’t let it drive you nuts.
4-28-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-28-2023 Intel Guru Frank26 We want to see what the CBI and Sudani are saying. Do we care about anything else? No. Do we care what the IMF is saying? No. Do we care about what the U.S. Treasury is saying? No. Why not? They're done. All they're doing is announcing it to the citizens of Iraq...
4-28-2023 Guest Guru BobTheTaxMan The IQD is considered to be "ORDINARY INCOME"...the taxes due will be calculated by your personal tax bracket and marital status at the time you exchange your IQD for USD. This becomes a taxable event...the maximum taxation of the IQD exchange would range from 37% federal only, up to a possible 13% [additional] depending on your state of residence. (13% is calculated on California). There can be other taxes applied if you exchange more that $1 million in any given year...there's an additional 3% tax they want to impose...You're going to want to have a conversation with your tax professional and make sure you prepare for this appropriately. This is important.
4-28-2023 Intel Guru Bruce [via WiserNow] ...we need Iraq to do one thing, and that is to put their new dinar rate, which would be their CBI rate or their international rates into the printed Gazette, which comes out Saturday...they've been exchanging there for over two weeks in country - in ...Iraq ...we heard from very, very high up source, said that April's showers will bring May dollars... I think the rate will be good. The rate will be very strong. And dong rate is going to be very strong also... I'm hearing is we should be getting notified Saturday. And I think based on that we should start Monday or at the very latest. So I think we're just about there...
4-28-2023 Newshound Guru Samson Article: ”The Central Bank of Iraq launches the Banking Supervision Reporting System (BSRS)" Quote: "...the new system will collect financial data from banks and non-banking financial institutions represented by banks’ quarterly data tables, mandatory reserve reservation tables, and trial balance tables for non-banking financial institutions.” [NOTE: See Guru Militia Man's post about the importance of BSRS below]
4-28-2023 Newshound Guru Kaperoni If the Iraqi dinar is ever going to go up in value it will do so as stated by the IMF several years ago in the Article IV Consultation stating that they encouraged Iraq to move to a flexible exchange rate policy...which would allow a predictable and gradual appreciation of the exchange rate...
4-28-2023 Intel Guru MarkZ [via PDK] From Iraq - the last reports were they are hoping to see something on Saturday. We will find out very soon.
4-28-2023 Newshound Guru Militia Man The CBI announced today the BSRS (Banking Supervision Reporting System)...It's important is because ...the banks in Iraq...didn't have advanced technology. It was all pen and paper...and it was a mess...Now they have the whole system set up from the Central Bank of Iraq down to the banks and down to the branches. What that means is they have all the knowledge of all the currency inflow and outflow...In other words the central bank knows...how much currency inventory goes in the country and goes out of the country...they can account for all the money...The ability to account for currency and the inventory of it is phenomenal...
4-28-2023 Newshound Guru Clare Article: "The Central Bank of Iraq launches the Banking Supervision Reporting System (BSRS)”
4-28-2023 Intel Guru Frank26 Article: "One week separates the dollar from stability at the parallel price of 132 thousand dinars". 1320 IS NEXT AND THEN 1100, IN MY OPINION.
4-28-2023 Intel Guru MarkZ [via PDK] I am still hearing it will be a re-instatement. I have also heard they are concerned that if it is a unmonitored float- similar to what Kuwait did- the rate will bounce all over the place. So I am hearing the plan is to go with a more solid rate…which in my opinion will put it well north of $4.00. This is just my opinion.
4-28-2023 Newshound/Intel Guru Mnt Goat I can hardly wait for them to roll out the newer lower denominations as this too will be our final sign that there is no turning back... ...the actions taken by the CBI since January you can clearly see, like me, that to this point there is really almost no turning back. Commitments are already going forward and the changes to reinstate at a revalue rate are in play. We just don’t know the date but we know it is coming and much sooner than later.
4-27-2023 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. This is a refund grant they never have to pay back. They can spend however they like and you get a $1,500 cash reward for making the connection you can spend however you like… Click here to learn more >>
4-27-2023 Newshound Guru Militia Man Article: "The price of the dollar against the dinar is at its lowest level in two years" The dinar is moving in the right direction.
4-27-2023 Newshound Guru Clare Article quote: "The selling price of the dollar reached 141,000 dinars, but the purchase amounted to 139,000 dinars for every 100 dollars, which is the lowest level the dollar has reached to enter within the range of 1,300, since the price of the dollar was changed in late 2020 ." [NOTE: We want to continue to see the purchase amount of dinars for every U.S. dollar to go down. It's a good thing for dinar holders.]
4-27-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-27-2023 Intel Guru MarkZ [via PDK] …I talked with some folks in Iraq …They are telling me that not only is...everything is done…but they are now asset backed and just waiting to release their value. The information coming out of Iraq the last few hours was very positive... That they told me they are now asset backed …well, I am very excited about this news.
4-27-2023 Newshound/Intel Guru Walkingstick [via Frank26] The rate will only go up from the start. It will be a constant increase...they have been telling the Iraqi citizens your currency will have more value than the US dollar... they're putting out right now 1.5 to 1. That will be $0.67.
4-27-2023 Guest Guru Suzie We're getting all kinds of good news about the rate change coming soon, Iraqis' hold onto your dinars for the new value, etc., etc., but we're heading into May EID over, no pictures of the nscn's yet and companies pouring into Iraq to do business, but...why and how companies would pour into Iraq IF they didn't know what the dinar's going to be worth?? ...If I was a contractor and bidding on jobs I would want to know my costs and how and what I'm going to be paid going into it or why would I want to do business? So...do they know something we don't, or...they could do the 1 to 1 with the stroke of a pen if they're really in that big a hurry to join the international world as they say they are.
4-27-2023 Intel/Newshound Guru Mnt Goat ...we are moving very quickly to the end of this long RV saga. I only hope you are prepared ...about the amount of your investment in the dinar. Remember when they do change the rate there is no turning back as investors. You will NEVER get the IQD again for 1/6 of a penny and exchange it for upwards of $3 and some say the speculation could go as high as $9 before they cut it off on a managed float. I am told by my CBI contact they intend not to let it go crazy and over speculate as was done when the Kuwaiti dinar was reinstated.
4-27-2023 Intel Guru Frank26 Article quote: "Sudanese advisor: Foreign currency reserves are high, safe and at comfortable levels" THE NEW NATIONAL CURRENCY IS ASSET BACKED & POWERFUL!...THE MONETARY REFORM IS VERY COMFORTABLE WITH ALL THE BACKING OF THE NEW NATIONAL CURRENCY...
4-27-2023 Intel Guru Goldilocks I just heard from our CBI Banker contact that the articles as of late are true. Iraq has been placed inside the Swift System and their Banks have been given the green light from the Trade Bank of Iraq to do foreign currency exchanges in their local banks. No rate has been cleared for takeoff just yet. Based on information I am still receiving daily from the banking system and CBI contact, I do not expect anything to happen this week. We are close.
4-27-2023 Newshound Guru Militia Man Today we are heading towards open trade. That's huge... Article quote: "A statement received by the news today that customers of the Iraqi Trade Bank from Iraqi private sector companies can make foreign commercial transfers...to all countries of the world...through their accounts opened in Iraqi dinars." Powerful statement ...effectively international...Why didn't they do this 6 years ago?
4-27-2023 Newshound Guru Clare Article: "The Iraqi Trade Bank issues a statement regarding foreign remittances" Quote: "customers of the Iraqi Trade Bank from Iraqi private sector companies can make foreign commercial transfers through the platform of the Central Bank of Iraq to all countries of the world through the bank’s branches through their accounts opened in Iraqi dinars.”
4-27-2023 Intel Guru MarkZ [via PDK] Article: “Iraq supports OPEC's approach to selling oil in foreign currencies instead of dollars” Quote: "...this step will support the economies of all oil-exporting countries...OPEC countries are currently heading not to deal in US dollars in oil transactions, and that dealings will take place in any local currency." This is very big. Another huge piece is “Depositing the sum in Americans banks for oil sales is no longer a condition” Every time they tried to move forward and RV they hit a brick wall because the US was controlling all their dollars. This is absolutely huge You guys should all be excited.
4-27-2023 Newshound Guru Militia Man Article: "The price of the dollar against the dinar is at its lowest level in two years" The dinar is moving in the right direction.
4-27-2023 Newshound Guru Clare Article quote: "The selling price of the dollar reached 141,000 dinars, but the purchase amounted to 139,000 dinars for every 100 dollars, which is the lowest level the dollar has reached to enter within the range of 1,300, since the price of the dollar was changed in late 2020 ." [NOTE: We want to continue to see the purchase amount of dinars for every U.S. dollar to go down. It's a good thing for dinar holders.]
4-27-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-27-2023 Intel Guru MarkZ [via PDK] …I talked with some folks in Iraq …They are telling me that not only is...everything is done…but they are now asset backed and just waiting to release their value. The information coming out of Iraq the last few hours was very positive... That they told me they are now asset backed …well, I am very excited about this news.
4-27-2023 Newshound/Intel Guru Walkingstick [via Frank26] The rate will only go up from the start. It will be a constant increase...they have been telling the Iraqi citizens your currency will have more value than the US dollar... they're putting out right now 1.5 to 1. That will be $0.67.
4-27-2023 Guest Guru Suzie We're getting all kinds of good news about the rate change coming soon, Iraqis' hold onto your dinars for the new value, etc., etc., but we're heading into May EID over, no pictures of the nscn's yet and companies pouring into Iraq to do business, but...why and how companies would pour into Iraq IF they didn't know what the dinar's going to be worth?? ...If I was a contractor and bidding on jobs I would want to know my costs and how and what I'm going to be paid going into it or why would I want to do business? So...do they know something we don't, or...they could do the 1 to 1 with the stroke of a pen if they're really in that big a hurry to join the international world as they say they are.
4-27-2023 Intel/Newshound Guru Mnt Goat ...we are moving very quickly to the end of this long RV saga. I only hope you are prepared ...about the amount of your investment in the dinar. Remember when they do change the rate there is no turning back as investors. You will NEVER get the IQD again for 1/6 of a penny and exchange it for upwards of $3 and some say the speculation could go as high as $9 before they cut it off on a managed float. I am told by my CBI contact they intend not to let it go crazy and over speculate as was done when the Kuwaiti dinar was reinstated.
4-27-2023 Intel Guru Frank26 Article quote: "Sudanese advisor: Foreign currency reserves are high, safe and at comfortable levels" THE NEW NATIONAL CURRENCY IS ASSET BACKED & POWERFUL!...THE MONETARY REFORM IS VERY COMFORTABLE WITH ALL THE BACKING OF THE NEW NATIONAL CURRENCY...
4-27-2023 Intel Guru Goldilocks I just heard from our CBI Banker contact that the articles as of late are true. Iraq has been placed inside the Swift System and their Banks have been given the green light from the Trade Bank of Iraq to do foreign currency exchanges in their local banks. No rate has been cleared for takeoff just yet. Based on information I am still receiving daily from the banking system and CBI contact, I do not expect anything to happen this week. We are close.
4-27-2023 Newshound Guru Militia Man Today we are heading towards open trade. That's huge... Article quote: "A statement received by the news today that customers of the Iraqi Trade Bank from Iraqi private sector companies can make foreign commercial transfers...to all countries of the world...through their accounts opened in Iraqi dinars." Powerful statement ...effectively international...Why didn't they do this 6 years ago?
4-27-2023 Newshound Guru Clare Article: "The Iraqi Trade Bank issues a statement regarding foreign remittances" Quote: "customers of the Iraqi Trade Bank from Iraqi private sector companies can make foreign commercial transfers through the platform of the Central Bank of Iraq to all countries of the world through the bank’s branches through their accounts opened in Iraqi dinars.”
4-27-2023 Intel Guru MarkZ [via PDK] Article: “Iraq supports OPEC's approach to selling oil in foreign currencies instead of dollars” Quote: "...this step will support the economies of all oil-exporting countries...OPEC countries are currently heading not to deal in US dollars in oil transactions, and that dealings will take place in any local currency." This is very big. Another huge piece is “Depositing the sum in Americans banks for oil sales is no longer a condition” Every time they tried to move forward and RV they hit a brick wall because the US was controlling all their dollars. This is absolutely huge You guys should all be excited.
4-26-2023 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. This is a refund grant they never have to pay back. They can spend however they like and you get a $1,500 cash reward for making the connection you can spend however you like… Click here to learn more >>
4-26-2023 Intel Guru Frank26 They keep telling you that it's only a matter of weeks. Remember nothing is January, February, March - April is suddenly.
4-26-2023 Newshound/Intel Guru Walkingstick [via Frank26] There were two NEERs presented this past week. One of them was higher than 1 to 1. It was 1.5 . The Prime Minister and the governor of the CBI are trying to explain to the Iraqi citizens their exchange rate in comparison to the American dollar. It's all about the recalculating. It's all about the accounting. It's all about the numbers right now. The numbers right now are 1.5 to 1 USD is true. It's in my option but true. The float can now start at 1.5 to 1.
4-26-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-26-2023 Newshound Guru Militia Man Salih, who is the Prime Minister's advisor, came back with a really good article...Iraq is meeting all these things - Freedom of trade, freedom of capital and in compliance with all the international rules and regulations...He's basically saying in this today, it's already done...He's announcing it. Maybe he's kind of front running it. It's not from Al-Sudani, not from Alaq but the bottom line is, his is the guy, an advisor, he's on the board of directors of the CBI. This guys comes out and talks...Everybody should be listening...
4-26-2023 Newshound/Intel Guru Mnt Goat The next phase of the plan is to change the nominal rate inside Iraq and issue the newer lower denominations and coins. I believe it will be around 1.50 dinar to the dollar.
4-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They just came on Iraqi Channel One...he announced a new company that is going to be established and the purpose of it is to back the citizens with small deposits into banks. Just like your FDIC in the United States of America. They are telling us that they are backing our money and guaranteeing it in our banks if anything should go wrong with it we will get our money back. FRANK: When did you ever see this? When did you ever hear this? How long have you been wanting to read these words? This is the definition of Article VIII! ...This is huge. This is monstrous.
4-26-2023 Guru Nader From The Mid East Article: "The financial advisor to the Prime Minister...Salih, confirmed on Tuesday, that foreign currency reserves are high, safe and at comfortable levels which are the highest in the country's financial history, which are not less than balances ...between 110-115 billion dollars..." Very good article. They guy is the advisor of the Prime minister Sudani...Anything he says is true and it will happen 2 days later. I love this guy. I've been following him a lot. He's the only guy I believe in all this mess.
4-26-2023 Intel Guru MarkZ [via PDK] Article: “Trade Bank of Iraq –Foreign transfer can be made through our branches through the Central Bank” They can now make foreign transfers to ALL countries of the world through accounts opened in Iraqi dinars! The enormity of this means they are fully, 100% INTERNATIONAL! This is one of the key things we have been waiting for, Also in the news –the boots on the ground are reporting that the budget (as we speak) is being read and discussed in Parliament…for its third reading. Enormous news from Iraq right now. I believe it’s all done and we are just waiting for the countdown to finish now. This is awesome news to start our day.
4-26-2023 Newshound Guru Pimpy CBDC...In case you didn't know it looks like this July is when they're gonna launch [the CBDC in the U.S.] ...Everybody keeps asking me, 'If we go to CBDC what does this mean for our Iraqi dinar?' That's a good question because if they go to a CBDC does that mean we exchange our dinars in for the CDBDs? ...How do we go about changing them? I don't want anything to do with the CBDCs...I'm trying my darndest for you people to find out what we need to do for the Iraqi dinar as well as the Vietnam dong...
4-26-2023 Newshound Guru Clare Article: "Sudanese advisor: Foreign currency reserves are high, safe and at comfortable levels" Quote: "the foreign currency reserves of the Central Bank of Iraq are at very comfortable levels, which are the highest in the country's financial history, which are not less than balances (in foreign exchange and gold). between 110-115 billion dollars, and at the same time it constitutes a percentage (coverage) of the cash currency issued (and according to the current exchange rate) by about 130 percent, which is a high and safe coverage."
4-26-2023 Newshound/Intel Guru Mnt Goat I have talked about the CBI 2011 plan many times already. We are literally witnessing the execution of this plan right in front of our noses...So where are we in the 2011 plan? How close are we? We are VERY close. We could see the reinstatement before June or shortly afterwards.
4-26-2023 Intel Guru Frank26 They keep telling you that it's only a matter of weeks. Remember nothing is January, February, March - April is suddenly.
4-26-2023 Newshound/Intel Guru Walkingstick [via Frank26] There were two NEERs presented this past week. One of them was higher than 1 to 1. It was 1.5 . The Prime Minister and the governor of the CBI are trying to explain to the Iraqi citizens their exchange rate in comparison to the American dollar. It's all about the recalculating. It's all about the accounting. It's all about the numbers right now. The numbers right now are 1.5 to 1 USD is true. It's in my option but true. The float can now start at 1.5 to 1.
4-26-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-26-2023 Newshound Guru Militia Man Salih, who is the Prime Minister's advisor, came back with a really good article...Iraq is meeting all these things - Freedom of trade, freedom of capital and in compliance with all the international rules and regulations...He's basically saying in this today, it's already done...He's announcing it. Maybe he's kind of front running it. It's not from Al-Sudani, not from Alaq but the bottom line is, his is the guy, an advisor, he's on the board of directors of the CBI. This guys comes out and talks...Everybody should be listening...
4-26-2023 Newshound/Intel Guru Mnt Goat The next phase of the plan is to change the nominal rate inside Iraq and issue the newer lower denominations and coins. I believe it will be around 1.50 dinar to the dollar.
4-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They just came on Iraqi Channel One...he announced a new company that is going to be established and the purpose of it is to back the citizens with small deposits into banks. Just like your FDIC in the United States of America. They are telling us that they are backing our money and guaranteeing it in our banks if anything should go wrong with it we will get our money back. FRANK: When did you ever see this? When did you ever hear this? How long have you been wanting to read these words? This is the definition of Article VIII! ...This is huge. This is monstrous.
4-26-2023 Guru Nader From The Mid East Article: "The financial advisor to the Prime Minister...Salih, confirmed on Tuesday, that foreign currency reserves are high, safe and at comfortable levels which are the highest in the country's financial history, which are not less than balances ...between 110-115 billion dollars..." Very good article. They guy is the advisor of the Prime minister Sudani...Anything he says is true and it will happen 2 days later. I love this guy. I've been following him a lot. He's the only guy I believe in all this mess.
4-26-2023 Intel Guru MarkZ [via PDK] Article: “Trade Bank of Iraq –Foreign transfer can be made through our branches through the Central Bank” They can now make foreign transfers to ALL countries of the world through accounts opened in Iraqi dinars! The enormity of this means they are fully, 100% INTERNATIONAL! This is one of the key things we have been waiting for, Also in the news –the boots on the ground are reporting that the budget (as we speak) is being read and discussed in Parliament…for its third reading. Enormous news from Iraq right now. I believe it’s all done and we are just waiting for the countdown to finish now. This is awesome news to start our day.
4-26-2023 Newshound Guru Pimpy CBDC...In case you didn't know it looks like this July is when they're gonna launch [the CBDC in the U.S.] ...Everybody keeps asking me, 'If we go to CBDC what does this mean for our Iraqi dinar?' That's a good question because if they go to a CBDC does that mean we exchange our dinars in for the CDBDs? ...How do we go about changing them? I don't want anything to do with the CBDCs...I'm trying my darndest for you people to find out what we need to do for the Iraqi dinar as well as the Vietnam dong...
4-26-2023 Newshound Guru Clare Article: "Sudanese advisor: Foreign currency reserves are high, safe and at comfortable levels" Quote: "the foreign currency reserves of the Central Bank of Iraq are at very comfortable levels, which are the highest in the country's financial history, which are not less than balances (in foreign exchange and gold). between 110-115 billion dollars, and at the same time it constitutes a percentage (coverage) of the cash currency issued (and according to the current exchange rate) by about 130 percent, which is a high and safe coverage."
4-26-2023 Newshound/Intel Guru Mnt Goat I have talked about the CBI 2011 plan many times already. We are literally witnessing the execution of this plan right in front of our noses...So where are we in the 2011 plan? How close are we? We are VERY close. We could see the reinstatement before June or shortly afterwards.
4-25-2023 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. This is a refund grant they never have to pay back. They can spend however they like and you get a $1,500 cash reward for making the connection you can spend however you like… Click here to learn more >>
4-25-2023 Newshound Guru Pimpy When it comes to the parallel rates, this is in almost every county, you've always going to have some kind of black market that's involved in currencies. The black market issue will stop once the Iraqi dinar gets very close to or passes up the US dollar in value...then you're going to see things turn around.
4-25-2023 Intel Guru MarkZ [via PDK] Saleh – the financial advisor...is talking about how secure they are in Iraq…the amount of debt …and how the government has more money than debt. I believe they want them to know these figures…so when the value changes – the people already know.
4-25-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-25-2023 Guest Guru Deepwoodz [Response to Guest Guru Dallasdude below...] Of course it [1310] is better than 1460 but looking at the bigger picture…Dec 2021...they devalued their currency, stoking the flames of anger and resentment from the citizens...which is what a sanctioned rate of 1190 was prior to the 1460. Now a return to a rate of 1310 doesn’t even get them back to prior levels of destitution. I know this is what they are advertising at the moment, but the citizens are not raising any alarms. They know better than we do what’s coming. Sadr has been completely quiet as well. This all bodes well for a rate change, and soon!
4-25-2023 Newshound/Intel Guru Walkingstick [via Frank26] When they say 'the parallel rate'? It means 1 to 1. And now when Sudani says 1.5 to 1 what does it mean? He is talking about the parallel exchange rate which is a market rate determined via supply and demand. The currency value of the Iraqi dinar will run parallel with the official market exchange rate that they are establishing for the float. That rate is determined by supply and demand...the CBI...They don't want a parallel currency because that means they will use the USD in the market place...they are depolarizing. The 1.5 is true.
4-25-2023 Newshound Guru Clare Article: "The value of the dinar in the parallel market increased by 5% since the beginning of the month" Quote: "The Governor of the Central Bank, Ali Al-Alaq, said earlier this month that the central bank is on alert to restore the exchange rate of the dollar to its normal position..."
4-25-2023 Guest Guru Dallasdude [Response to Guru Deepwoodz from 4-24-2023 below] I disagree...1190,1160 or even 1100 does give more purchasing power to citizens...I agree with the scenario you have layed out as per articles...just don't agree on a imminent time-frame..hope I am wrong, I am prepared for a little longer wait to get to the 1 to 1..
4-25-2023 Intel Guru MarkZ [via PDK] We are hearing from Iraq that they are fully section 8 compliant…Its finished…. This is another key piece…its done. I believe at this point they have already passed the budget…I think the GOI is sitting on some huge news and will simply announce it and a rate change soon…. I could be wrong…but that’s what I think. Iraq is doing everything they can to move this forward…
4-25-2023 Newshound Guru Militia Man I suggest if in fact they do what they say they're going to do, 'We're going to do it soon', 'We're going to do it in weeks', 'We're going to do it in days', 'We're going to do it now', 'We're going to do 1.5 times.' By that equation that Al-Sudani is giving you, not me...if that holds true what they've done is they have adjusted the rate again to squeeze the black market...
4-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Something is about to pop...it has to. After EID we expect some changes to the current rate. To more like 1000 to 1... FRANK: Pay attention to your prime minister. He is trying very hard to tell you your currency is at 1.5 to the American dollar. It is possible they may start the float at 1 to 1.5 instead of 1 to 1.
4-25-2023 Intel Guru yada The parallel rate...is the rate that the street operated at. For a long time, the street rate charged higher rates for dollars that were purchased by dinar. The CBI rate is the official rate and there was a variance between the two. Since the official currency in Iraq is now the dollar [dinar ?] and illegal to use dollars, the street vendors are forced to play fair or use the same rate as the CBI...the parallel rate is flattened in Kurdistan whom always operated at a higher standard than Baghdad. Now the rate will go international and that is what we've been awaiting
4-25-2023 Intel Guru MarkZ [via PDK] Its interesting on the rate…. I am hearing from some contractors in Iraq that they were able to complete some deals today at $1.60...There is a tremendous amount of chatter from contractors involved in Iraq today. We had reports from contractors that we feel very confident about that said they actually did receive those dollars.
4-25-2023 Newshound Guru Pimpy When it comes to the parallel rates, this is in almost every county, you've always going to have some kind of black market that's involved in currencies. The black market issue will stop once the Iraqi dinar gets very close to or passes up the US dollar in value...then you're going to see things turn around.
4-25-2023 Intel Guru MarkZ [via PDK] Saleh – the financial advisor...is talking about how secure they are in Iraq…the amount of debt …and how the government has more money than debt. I believe they want them to know these figures…so when the value changes – the people already know.
4-25-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-25-2023 Guest Guru Deepwoodz [Response to Guest Guru Dallasdude below...] Of course it [1310] is better than 1460 but looking at the bigger picture…Dec 2021...they devalued their currency, stoking the flames of anger and resentment from the citizens...which is what a sanctioned rate of 1190 was prior to the 1460. Now a return to a rate of 1310 doesn’t even get them back to prior levels of destitution. I know this is what they are advertising at the moment, but the citizens are not raising any alarms. They know better than we do what’s coming. Sadr has been completely quiet as well. This all bodes well for a rate change, and soon!
4-25-2023 Newshound/Intel Guru Walkingstick [via Frank26] When they say 'the parallel rate'? It means 1 to 1. And now when Sudani says 1.5 to 1 what does it mean? He is talking about the parallel exchange rate which is a market rate determined via supply and demand. The currency value of the Iraqi dinar will run parallel with the official market exchange rate that they are establishing for the float. That rate is determined by supply and demand...the CBI...They don't want a parallel currency because that means they will use the USD in the market place...they are depolarizing. The 1.5 is true.
4-25-2023 Newshound Guru Clare Article: "The value of the dinar in the parallel market increased by 5% since the beginning of the month" Quote: "The Governor of the Central Bank, Ali Al-Alaq, said earlier this month that the central bank is on alert to restore the exchange rate of the dollar to its normal position..."
4-25-2023 Guest Guru Dallasdude [Response to Guru Deepwoodz from 4-24-2023 below] I disagree...1190,1160 or even 1100 does give more purchasing power to citizens...I agree with the scenario you have layed out as per articles...just don't agree on a imminent time-frame..hope I am wrong, I am prepared for a little longer wait to get to the 1 to 1..
4-25-2023 Intel Guru MarkZ [via PDK] We are hearing from Iraq that they are fully section 8 compliant…Its finished…. This is another key piece…its done. I believe at this point they have already passed the budget…I think the GOI is sitting on some huge news and will simply announce it and a rate change soon…. I could be wrong…but that’s what I think. Iraq is doing everything they can to move this forward…
4-25-2023 Newshound Guru Militia Man I suggest if in fact they do what they say they're going to do, 'We're going to do it soon', 'We're going to do it in weeks', 'We're going to do it in days', 'We're going to do it now', 'We're going to do 1.5 times.' By that equation that Al-Sudani is giving you, not me...if that holds true what they've done is they have adjusted the rate again to squeeze the black market...
4-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Something is about to pop...it has to. After EID we expect some changes to the current rate. To more like 1000 to 1... FRANK: Pay attention to your prime minister. He is trying very hard to tell you your currency is at 1.5 to the American dollar. It is possible they may start the float at 1 to 1.5 instead of 1 to 1.
4-25-2023 Intel Guru yada The parallel rate...is the rate that the street operated at. For a long time, the street rate charged higher rates for dollars that were purchased by dinar. The CBI rate is the official rate and there was a variance between the two. Since the official currency in Iraq is now the dollar [dinar ?] and illegal to use dollars, the street vendors are forced to play fair or use the same rate as the CBI...the parallel rate is flattened in Kurdistan whom always operated at a higher standard than Baghdad. Now the rate will go international and that is what we've been awaiting
4-25-2023 Intel Guru MarkZ [via PDK] Its interesting on the rate…. I am hearing from some contractors in Iraq that they were able to complete some deals today at $1.60...There is a tremendous amount of chatter from contractors involved in Iraq today. We had reports from contractors that we feel very confident about that said they actually did receive those dollars.
4-24-2023 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. This is a refund grant they never have to pay back. They can spend however they like and you get a $1,500 cash reward for making the connection you can spend however you like… Click here to learn more >>
4-24-2023 Intel Guru Frank26 Article: "It is imminent.. a major disaster befalls the dollar" US DOLLAR GO BOOM, WHILE THE IRAQI DINAR ZOOMS!
4-24-2023 Intel Guru MarkZ [via PDK] I still believe it will not be a float but an RI (ReInstatement) and a healthy, lovely one at that... There is a lot of activity going on right now that makes me feel very, very good. I am continuing to hear the rate we get will be around $4.20-$5.35…. I certainly hope that is accurate... It does appear they are moving forward very quickly...we certainly hope this is our week. Iraqi contacts expect to see it by the 1st of May.
4-24-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-24-2023 Guest Guru Deepwoodz [Response to Guest Guru Dalladude below...] I disagree. 1320 does not help the citizens. Neither does anything closely resembling 1320, 1190, 1160, or even 1000. Nor do any of these numbers inspire confidence in a national currency. Sudani has said repeatedly that the dinar is stronger than the dollar. You citizens, hold on to your dinar. None of this is confusing. The float you seek is closer than you think in my opinion. Also, there is a lot in the 1 - 1.5 ratio that was mentioned earlier this week.
4-24-2023 Newshound/Intel Guru Walkingstick [via Frank26] You will not see trillions of new small category notes printed. You will see billions printed. They'll release all this information to the citizens. The citizens are rather excited.
4-24-2023 Intel Guru Frank26 What was once my opinion is now fact...the articles are coming from people we want to talk to. Who? The governor of the Central Bank of Iraq. He's talking like a parrot on steroids! ...the prime minister of Iraq Sudani...is talking like he's drunk! What are they talking about? The monetary reform. The exchange rate of the Iraqi dinar. The national currency...
4-24-2023 Intel Guru MarkZ [via PDK] ...be prepared for a week pf ups and downs , roller coasters and scares... Member Question: Should I have a resignation letter ready to go Mark? MarkZ Answer: Get it prepared…. I think this is going to be a fun week.
4-24-2023 Newshound Guru Militia Man Al-Sudani the Prime Minister has said hold your dinar because they're going to be stronger than the dollar... When they say they're going to make it to be 1.5 times it means that the 1310 official rate is no longer going to be the official rate. They're going to adjust it 1.5 times... .000763367 is going to be .001 or close. That means 1310 becomes 837 real close. As they do that it creates an environment that the dollar becomes less valuable to the dinar...it's going to be harder and harder for the black market...It's coming to a head...the black market is going bye-bye.
4-24-2023 Newshound Guru Samson Article: ”Advisor to the Prime Minister: The parallel price of the dollar will drop to the official one very soon"
4-24-2023 Guest Guru Dallasdude They have clearly stated numerous times they intend to come out in the 1320 range...the real question is how long will they stay there...I for one would not be surprised if it's for the remaining year...hope I am wrong but the private sector needs growth at this time..they have until the end of May to complete budget, I personally think it will be done sooner right after EID as articles have stated..just got to let it play out...1320 helps the citizens a little but not us...its all about the time frame between the 1320 range and the 1 to 1 float that I seek..
4-24-2023 Newshound Guru Pimpy Article: "Parliament finance reveals the deadline for approving the budget" the deadline has now been pushed to the end of May. So not only do we still not have a budget processed for this year, it's going to be past four months going into five months before they even vote on it...Iraq's economy could be so much stronger if they would just hurry up and get this damn budget approved. Now mind you, this is for 3 years and that's a good thing. So come on Iraq get this budget passed so you guys can start benefiting and growing the economy even quicker.
4-24-2023 Intel Guru MarkZ [via PDK] Article: “Finance minister discusses economic cooperation with Canada and Europe” I think its important that a third world country with no international currency meets with world leaders all the time with development of massive billion dollar projects.
4-24-2023 Intel Guru Frank26 Article: "It is imminent.. a major disaster befalls the dollar" US DOLLAR GO BOOM, WHILE THE IRAQI DINAR ZOOMS!
4-24-2023 Intel Guru MarkZ [via PDK] I still believe it will not be a float but an RI (ReInstatement) and a healthy, lovely one at that... There is a lot of activity going on right now that makes me feel very, very good. I am continuing to hear the rate we get will be around $4.20-$5.35…. I certainly hope that is accurate... It does appear they are moving forward very quickly...we certainly hope this is our week. Iraqi contacts expect to see it by the 1st of May.
4-24-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-24-2023 Guest Guru Deepwoodz [Response to Guest Guru Dalladude below...] I disagree. 1320 does not help the citizens. Neither does anything closely resembling 1320, 1190, 1160, or even 1000. Nor do any of these numbers inspire confidence in a national currency. Sudani has said repeatedly that the dinar is stronger than the dollar. You citizens, hold on to your dinar. None of this is confusing. The float you seek is closer than you think in my opinion. Also, there is a lot in the 1 - 1.5 ratio that was mentioned earlier this week.
4-24-2023 Newshound/Intel Guru Walkingstick [via Frank26] You will not see trillions of new small category notes printed. You will see billions printed. They'll release all this information to the citizens. The citizens are rather excited.
4-24-2023 Intel Guru Frank26 What was once my opinion is now fact...the articles are coming from people we want to talk to. Who? The governor of the Central Bank of Iraq. He's talking like a parrot on steroids! ...the prime minister of Iraq Sudani...is talking like he's drunk! What are they talking about? The monetary reform. The exchange rate of the Iraqi dinar. The national currency...
4-24-2023 Intel Guru MarkZ [via PDK] ...be prepared for a week pf ups and downs , roller coasters and scares... Member Question: Should I have a resignation letter ready to go Mark? MarkZ Answer: Get it prepared…. I think this is going to be a fun week.
4-24-2023 Newshound Guru Militia Man Al-Sudani the Prime Minister has said hold your dinar because they're going to be stronger than the dollar... When they say they're going to make it to be 1.5 times it means that the 1310 official rate is no longer going to be the official rate. They're going to adjust it 1.5 times... .000763367 is going to be .001 or close. That means 1310 becomes 837 real close. As they do that it creates an environment that the dollar becomes less valuable to the dinar...it's going to be harder and harder for the black market...It's coming to a head...the black market is going bye-bye.
4-24-2023 Newshound Guru Samson Article: ”Advisor to the Prime Minister: The parallel price of the dollar will drop to the official one very soon"
4-24-2023 Guest Guru Dallasdude They have clearly stated numerous times they intend to come out in the 1320 range...the real question is how long will they stay there...I for one would not be surprised if it's for the remaining year...hope I am wrong but the private sector needs growth at this time..they have until the end of May to complete budget, I personally think it will be done sooner right after EID as articles have stated..just got to let it play out...1320 helps the citizens a little but not us...its all about the time frame between the 1320 range and the 1 to 1 float that I seek..
4-24-2023 Newshound Guru Pimpy Article: "Parliament finance reveals the deadline for approving the budget" the deadline has now been pushed to the end of May. So not only do we still not have a budget processed for this year, it's going to be past four months going into five months before they even vote on it...Iraq's economy could be so much stronger if they would just hurry up and get this damn budget approved. Now mind you, this is for 3 years and that's a good thing. So come on Iraq get this budget passed so you guys can start benefiting and growing the economy even quicker.
4-24-2023 Intel Guru MarkZ [via PDK] Article: “Finance minister discusses economic cooperation with Canada and Europe” I think its important that a third world country with no international currency meets with world leaders all the time with development of massive billion dollar projects.
4-23-2023 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. This is a refund grant they never have to pay back. They can spend however they like and you get a $1,500 cash reward for making the connection you can spend however you like… Click here to learn more >>
4-23-2023 Intel Guru Frank26 I said this is going to cause a problem. They're forcing them to only use the dinar. The American dollar had some value but the Iraqi dinar has no value. You're at the crossroads of the CBI's monetary reform. Your prime minister and governor of the CBI are very close to removing this financial pain that the Iraqi people are suffering...
4-23-2023 Newshound Guru Militia Man It's getting a little bit quiet in the news...It's an indicator that quiet time sometimes is good...Al-Sadr is being quiet...he's for the people...riots in the streets...we don't have those anymore...He's not yacking that means things are going good..
4-23-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-23-2023 Newshound/Intel Guru Walkingstick [via Frank26] ...The next step in the monetary reform process is to display the national currency and the coins because they have been talking about it for a few weeks now. The citizens are ready. That's why the CBI has put the tender request out - print more now. You will see this on the CBI website, then the education will explain the value, the design, the description. The History of the country will be on the new currency and they will explain all of this to the citizens. They will show them the colors of all the different denominations...security features of the new small category notes...It will not be a celebration but it will be known to the International world that the Iraqi dinar has now joined them.
4-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...said what you are seeing right now is the battle to get the official exchange rate and dollar to close the gap between the two of them. When this gets to a number that they want whether it be 1100 like reports say or 1000 we will then see action of the deletion of the zeros and the lower notes and the fils. All of this will appear...All goods and services have already gone to dinars. We have no choice now. ATMs full of dinars. It's all set up. FRANK: That's exactly right...you are about to receive your national currency. They've already put you on alert for it, with coins and a new exchange rate. These are exciting times.
4-23-2023 Newshound Guru Breitling What is Iraq's #1 goal? They're sitting so good it's unbelievable because...their goal is to get more customers, sell more products...Think Iraq Inc. the company. And there is nothing but multiple doors in front of them. They can do it in oil. They can do it in natural gas. They could even do it in gold if they wanted to. They can trade in the US dollar. They can trade in other currencies. They can build a massive foreign currency reserve with other currencies. They don't need the US dollar. They want it because we're the big boys on the block...But they can trade in other currencies. It will diversify them.
4-23-2023 Newshound Guru Militia Man Al-Sudani said, 'now'. That is a very key point to where we're headed. He comes back a little bit later and he said the dinar is going to be a little bit stronger. He implies 1.5 times. Be careful how you think about that. Some of the folks out there seem to think that means it's $1.50 but...he's talking about the official exchange rate - 1310 [which equals approximately] .00076336...But when he says 1.5 times that's a totally different equations because currencies are valued by reciprocals...what's 1.5 x .00076336? Turns out to be about .0015405...
4-23-2023 Intel Guru Frank26 [Referencing the Instagram post and news articles from the other day] THE 1.5 TO 1 IS...TRUE. Community Question: "Can someone please tell me what the 1.5 to 1 means?" THE 1.5 IS THE NEER (Nominal effective exchange rate - a measure of the value of a currency against a weighted average of several foreign currencies. ).
4-23-2023 Newshound/Intel Guru Mnt Goat A government advisor confirmed, on Tuesday, that the parallel market for selling the dollar will witness a new decline during the next ten days and will come closer to the official price, indicating that transfers are currently taking place in an easy and accurate manner, after the agreement with the American side. It is a slow decline but it is happening.
4-23-2023 Intel Guru Frank26 I said this is going to cause a problem. They're forcing them to only use the dinar. The American dollar had some value but the Iraqi dinar has no value. You're at the crossroads of the CBI's monetary reform. Your prime minister and governor of the CBI are very close to removing this financial pain that the Iraqi people are suffering...
4-23-2023 Newshound Guru Militia Man It's getting a little bit quiet in the news...It's an indicator that quiet time sometimes is good...Al-Sadr is being quiet...he's for the people...riots in the streets...we don't have those anymore...He's not yacking that means things are going good..
4-23-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-23-2023 Newshound/Intel Guru Walkingstick [via Frank26] ...The next step in the monetary reform process is to display the national currency and the coins because they have been talking about it for a few weeks now. The citizens are ready. That's why the CBI has put the tender request out - print more now. You will see this on the CBI website, then the education will explain the value, the design, the description. The History of the country will be on the new currency and they will explain all of this to the citizens. They will show them the colors of all the different denominations...security features of the new small category notes...It will not be a celebration but it will be known to the International world that the Iraqi dinar has now joined them.
4-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...said what you are seeing right now is the battle to get the official exchange rate and dollar to close the gap between the two of them. When this gets to a number that they want whether it be 1100 like reports say or 1000 we will then see action of the deletion of the zeros and the lower notes and the fils. All of this will appear...All goods and services have already gone to dinars. We have no choice now. ATMs full of dinars. It's all set up. FRANK: That's exactly right...you are about to receive your national currency. They've already put you on alert for it, with coins and a new exchange rate. These are exciting times.
4-23-2023 Newshound Guru Breitling What is Iraq's #1 goal? They're sitting so good it's unbelievable because...their goal is to get more customers, sell more products...Think Iraq Inc. the company. And there is nothing but multiple doors in front of them. They can do it in oil. They can do it in natural gas. They could even do it in gold if they wanted to. They can trade in the US dollar. They can trade in other currencies. They can build a massive foreign currency reserve with other currencies. They don't need the US dollar. They want it because we're the big boys on the block...But they can trade in other currencies. It will diversify them.
4-23-2023 Newshound Guru Militia Man Al-Sudani said, 'now'. That is a very key point to where we're headed. He comes back a little bit later and he said the dinar is going to be a little bit stronger. He implies 1.5 times. Be careful how you think about that. Some of the folks out there seem to think that means it's $1.50 but...he's talking about the official exchange rate - 1310 [which equals approximately] .00076336...But when he says 1.5 times that's a totally different equations because currencies are valued by reciprocals...what's 1.5 x .00076336? Turns out to be about .0015405...
4-23-2023 Intel Guru Frank26 [Referencing the Instagram post and news articles from the other day] THE 1.5 TO 1 IS...TRUE. Community Question: "Can someone please tell me what the 1.5 to 1 means?" THE 1.5 IS THE NEER (Nominal effective exchange rate - a measure of the value of a currency against a weighted average of several foreign currencies. ).
4-23-2023 Newshound/Intel Guru Mnt Goat A government advisor confirmed, on Tuesday, that the parallel market for selling the dollar will witness a new decline during the next ten days and will come closer to the official price, indicating that transfers are currently taking place in an easy and accurate manner, after the agreement with the American side. It is a slow decline but it is happening.
4-22-2023 Get $1,500 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. If they qualify they get a huge refund grant they never have to pay back and can spend however they like and you get a $1,500 cash reward you can spend however you like… Click here to learn more >>
4-22-2023 Newshound Guru Militia Man ...Government agencies, the GOI, the CBI, their delegation - they're all talking to us about exchange rate change, forewarning...to hold onto [the dinars] because they're going to be more strong against the dollar. They go from, 'the dinar is the strongest.', [to] 'The Iraqi dinar will rise against the US dollar in a few weeks.' ... And then he says 'soon.' And then the other day on the 18th he says, 'now.' We can take all that information to let us believe that change is coming. It's before us...what we're seeing now is phenomenal.
4-22-2023 Intel Guru Frank26 I was hoping we'd see the new small category notes this week along with the coins and the new exchange rate but it looks like it's the budget first. Don't be surprised if the budget contains internal surprises.
4-22-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-22-2023 Newshound Guru Kaperoni What we have to hope for is that Iraq follows the guidance of the IMF and allows the currency to float and a gradual appreciation over time based on the success and growth of Iraq 's economy.
4-22-2023 Newshound Guru Sandy Ingram This is breaking news - Iraq now has a Deposit Insurance Company like the U.S. FDIC. Article: "The Governor of the Central Bank Inaugurates the headquarters of the Iraqi Deposit Insurance Company." The company will guarantee the deposits with Iraq banks approved by the Central Bank of Iraq...What will this do is get most of the old Iraqi dinars hidden under mattresses in Iraq, into the banking system. This is a major effort to regulate the number of Iraqi dinars on the open market.
4-22-2023 Newshound/Intel Guru Walkingstick [via Frank26] With this international float that is being explained now they are proving that they can maintain the + or - 2% compliance. It's working...
4-22-2023 Intel Guru MarkZ [via PDK] In Iraq “Traders complain about poor turnout despite Al Fitr” This year at the end of Ramadan people are cutting back on spending their dinar…of course they are saying its because people are poor and rising costs…but I think there is something bigger than this going on. Especially based on news from the street. I spoke with a couple Iraqi contacts that are on the ground in the country and they are saying the exchange rate officially is about 1300…or one dollar buys 1300 dinar. But, on the street people are refusing to let it go for anything less than 1100-1000. Meaning the dinar is stronger than it is posted right now. The chatter is amazing on the streets over there…they are anticipating that big change and do not want to give up their dinar.
4-22-2023 Newshound Guru Militia Man Al-Sudani Quote: 'There's great confidence in the Iraqi dinar noting that the exchange rate of the dollar trend to stabilize and reach the official price soon.' They already changed the official price quite some time ago...February 7th. Now they're saying it again...It sounds to me like there's going to be another change...
4-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor was on the television saying they are working extremely hard on bridging the gap between the dollar and the official dinar parallel rate. That's the internal float they are talking about...As they do this there are several international banks that are asking to operate inside of Iraq... FRANK: ...the internal float, that's what they are teaching you about right now.
4-22-2023 Newshound/Intel Guru Mnt Goat I can’t think of anything bad that has happened to hinder the progress of the currency reform project within Iraq...I believe that perhaps Iraq has already moved beyond the point of no return and now has to progress forward to the end with the currency reform. Yes, the situation today is not the normal that we have witnessed in the last two decades...With everything that is going on around Iraq they simply can not stay on the program rate much longer and I am surprised they lasted this long...The tone is different and now very hopeful for the future. Even when I talk to my CBI contact the tone is different...
4-22-2023 Intel Guru Bruce [via WiserNow] we talked about Iraq already doing exchanges of large three zero dinar notes like we have into lower denomination dinar at a factor of whatever that rate was - That was done and they have been exchanging dinar for the last 14 days or two weeks...the ATMs that have been loaded with lower denominations were activated Tuesday morning...
4-22-2023 Newshound Guru Militia Man ...Government agencies, the GOI, the CBI, their delegation - they're all talking to us about exchange rate change, forewarning...to hold onto [the dinars] because they're going to be more strong against the dollar. They go from, 'the dinar is the strongest.', [to] 'The Iraqi dinar will rise against the US dollar in a few weeks.' ... And then he says 'soon.' And then the other day on the 18th he says, 'now.' We can take all that information to let us believe that change is coming. It's before us...what we're seeing now is phenomenal.
4-22-2023 Intel Guru Frank26 I was hoping we'd see the new small category notes this week along with the coins and the new exchange rate but it looks like it's the budget first. Don't be surprised if the budget contains internal surprises.
4-22-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-22-2023 Newshound Guru Kaperoni What we have to hope for is that Iraq follows the guidance of the IMF and allows the currency to float and a gradual appreciation over time based on the success and growth of Iraq 's economy.
4-22-2023 Newshound Guru Sandy Ingram This is breaking news - Iraq now has a Deposit Insurance Company like the U.S. FDIC. Article: "The Governor of the Central Bank Inaugurates the headquarters of the Iraqi Deposit Insurance Company." The company will guarantee the deposits with Iraq banks approved by the Central Bank of Iraq...What will this do is get most of the old Iraqi dinars hidden under mattresses in Iraq, into the banking system. This is a major effort to regulate the number of Iraqi dinars on the open market.
4-22-2023 Newshound/Intel Guru Walkingstick [via Frank26] With this international float that is being explained now they are proving that they can maintain the + or - 2% compliance. It's working...
4-22-2023 Intel Guru MarkZ [via PDK] In Iraq “Traders complain about poor turnout despite Al Fitr” This year at the end of Ramadan people are cutting back on spending their dinar…of course they are saying its because people are poor and rising costs…but I think there is something bigger than this going on. Especially based on news from the street. I spoke with a couple Iraqi contacts that are on the ground in the country and they are saying the exchange rate officially is about 1300…or one dollar buys 1300 dinar. But, on the street people are refusing to let it go for anything less than 1100-1000. Meaning the dinar is stronger than it is posted right now. The chatter is amazing on the streets over there…they are anticipating that big change and do not want to give up their dinar.
4-22-2023 Newshound Guru Militia Man Al-Sudani Quote: 'There's great confidence in the Iraqi dinar noting that the exchange rate of the dollar trend to stabilize and reach the official price soon.' They already changed the official price quite some time ago...February 7th. Now they're saying it again...It sounds to me like there's going to be another change...
4-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor was on the television saying they are working extremely hard on bridging the gap between the dollar and the official dinar parallel rate. That's the internal float they are talking about...As they do this there are several international banks that are asking to operate inside of Iraq... FRANK: ...the internal float, that's what they are teaching you about right now.
4-22-2023 Newshound/Intel Guru Mnt Goat I can’t think of anything bad that has happened to hinder the progress of the currency reform project within Iraq...I believe that perhaps Iraq has already moved beyond the point of no return and now has to progress forward to the end with the currency reform. Yes, the situation today is not the normal that we have witnessed in the last two decades...With everything that is going on around Iraq they simply can not stay on the program rate much longer and I am surprised they lasted this long...The tone is different and now very hopeful for the future. Even when I talk to my CBI contact the tone is different...
4-22-2023 Intel Guru Bruce [via WiserNow] we talked about Iraq already doing exchanges of large three zero dinar notes like we have into lower denomination dinar at a factor of whatever that rate was - That was done and they have been exchanging dinar for the last 14 days or two weeks...the ATMs that have been loaded with lower denominations were activated Tuesday morning...
4-21-2023 Get $1,500 Cash Reward Do You Know A Small Businesses Owner, Church or Non-Profit who can use an extra $110,000 to $270,000 [or more] in free money? If so we need your help connecting with them. If they qualify they get a huge refund grant they never have to pay back and can spend however they like and you get a $1,500 cash reward you can spend however you like… Click here to learn more >>
4-21-2023 Newshound/Intel Guru Walkingstick [via Frank26] [Bank Friend Aki report of last Thursday's CBI meetings with affiliate banks] You are going to see a tender that will be posted on the CBI website...the CBI is putting out a tender, a contractual agreement, on the printing of the national currency of the new small category notes and coins...they are asking to print more...because they're going to be needed for the Iraqi citizens when they come in and exchange their 3-zero notes...this tender will include pictures of the new national currency. It will include picture of the coins. It will introduce the different sizes...denominations, coins materials used...
4-21-2023 Newshound Guru Militia Man It's a fascinating time...Over the last two months we've had some interesting comments...by the Central Bank of Iraq, the government of Iraq...The Finance Ministry, The Planning, all these other Ministries, they've all been talking...Back in March the Central Bank reassures the Iraqis, 'Your dinars are stronger.' That's a key point...that's what they've been telling them.
4-21-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is back again on TV and he's saying all of the private sector will be in dinars. That's what he told us yesterday and he talked about paying everyone in dinars - cars, electrify, furniture, everything in dinars as we are already seeing this in the streets. We need our national currency that they are telling us about. FRANK: You have been painted into a corner of monetary reform. Congratulations...there are no other steps except to present the new National currency, the coins and the new exchange rate to you Iraqi citizens...it's no longer years or months away.
4-21-2023 Intel Guru Bruce [via WiserNow] ...guess who was in Reno to help get this thing started for us? S Mnuchin – Judy Shelton -She was the appointee by Trump to get this RV underway and stay with it till it's done...You had the Chinese elders there...You had a delegation of five delegates plus or security staff from Iraq...So there was a great compilation of individuals there to set this thing in motion for us...we are waiting - but not much longer... we'll see what happens in the next couple days.
4-21-2023 Intel Guru MarkZ [via PDK] We continue to get reports from Iraq that the budget and HCL law will be done before May 1st. We also believe that the rate will follow very quickly once the HCL law done, stamped and completed...Let’s hope this is the weekend…things are really looking awesome.
4-21-2023 Guru Nader From The Mid East The guy I follow him a lot. He's the only guy who says like normal things. You should follow him too. He's the the Prime Minister advisor. He always have something good. Everything read about his it's good. His name is Saleh. He's amazing. You should follow him. You should look for his articles. Very interesting. Very true. Very relatable.
4-21-2023 Newshound Guru Clare Article quote: "Iraq and the Central Bank are in compliance with international concerns, including combating money laundering and terrorist financing, and that we have left the gray area and turned into a respected compliant country, and the Central Bank has now become an internationally recognized institution, as compliance is a feature of the ethical and legal features of work"
4-21-2023 Intel Guru Frank26 There's a lot of information pouring out right now. I mean a lot of information. Did we not tell you that in the 3rd week of this month you would have a plethora, a piñata full of information? The CBI would be extremely loud. But it's not just the CBI but it's also the Prime Minister. This fire hydrant of information that is pouring out at a fast volume.
4-21-2023 Newshound/Intel Guru Walkingstick [via Frank26] 1.5 dinars would equal about .50 cents to the dollar...it's all about the accounting. It's all about the numbers. Once the numbers are set exactly the way the RV had established it then you'll see everything come out. That's what it's about at this stage in the monetary reform.
4-21-2023 Intel Guru MarkZ [via PDK] Iraq is now in the middle of Eid Al Fitr. A big holiday in Iraq and their government is clearly telling us “before May” so to me they will have everything done in the next 9 days. We should be able to watch that movement.
4-21-2023 Newshound Guru Militia Man Alaq on the 13th 'alerted' us that something was coming. Then three business days later they come out and say there's a value...'it's now 1.5 times more strong' so they had to make an adjustment...there comes a time...that you can't back out. If they've gotten to that stage we're in a really really good spot. I don't know if it's going to be tomorrow, the next day...but they're telling us, this is their words...
4-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: After EID we expect some changes to the current rate to more like maybe 1000 to 1 maybe less. Then they can drop the 3-zeros. Here comes our fils. Here comes our lower notes. FRANK: Yes you are headed in the right direction. That is a good sequence of events for the monetary reform to reveal itself. Pay attention to your prime minister. He's trying to tell you that your currency is at 1.1 to the American dollar. It is possible they will start to float at 1 to 1.5 instead of 1 to 1...
4-21-2023 Intel Guru Bruce [via WiserNow] ...Iraq has been exchanging their dinar in the country of Iraq for about over 10 days now, up to about 12 days. And we know people that have done the exchanges there that are Iraqi that have taken the high three zero notes and exchanged them at a new rate and gotten the equivalent in Iraqi dinar, new Iraqi dinar, which are the lower denominations of the currency ...basically fives 10s 20s 50s Hundreds...Now – it’s good to know that exchanges are happening there and everything's hunky dory and I think it's business as usual in Iraq...but they still don't want us to...know the rate on the Iraqi dinar until we get started for exchanges...it's hidden from us – it’s kept from us...
4-21-2023 Newshound/Intel Guru Walkingstick [via Frank26] [Bank Friend Aki report of last Thursday's CBI meetings with affiliate banks] You are going to see a tender that will be posted on the CBI website...the CBI is putting out a tender, a contractual agreement, on the printing of the national currency of the new small category notes and coins...they are asking to print more...because they're going to be needed for the Iraqi citizens when they come in and exchange their 3-zero notes...this tender will include pictures of the new national currency. It will include picture of the coins. It will introduce the different sizes...denominations, coins materials used...
4-21-2023 Newshound Guru Militia Man It's a fascinating time...Over the last two months we've had some interesting comments...by the Central Bank of Iraq, the government of Iraq...The Finance Ministry, The Planning, all these other Ministries, they've all been talking...Back in March the Central Bank reassures the Iraqis, 'Your dinars are stronger.' That's a key point...that's what they've been telling them.
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4-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is back again on TV and he's saying all of the private sector will be in dinars. That's what he told us yesterday and he talked about paying everyone in dinars - cars, electrify, furniture, everything in dinars as we are already seeing this in the streets. We need our national currency that they are telling us about. FRANK: You have been painted into a corner of monetary reform. Congratulations...there are no other steps except to present the new National currency, the coins and the new exchange rate to you Iraqi citizens...it's no longer years or months away.
4-21-2023 Intel Guru Bruce [via WiserNow] ...guess who was in Reno to help get this thing started for us? S Mnuchin – Judy Shelton -She was the appointee by Trump to get this RV underway and stay with it till it's done...You had the Chinese elders there...You had a delegation of five delegates plus or security staff from Iraq...So there was a great compilation of individuals there to set this thing in motion for us...we are waiting - but not much longer... we'll see what happens in the next couple days.
4-21-2023 Intel Guru MarkZ [via PDK] We continue to get reports from Iraq that the budget and HCL law will be done before May 1st. We also believe that the rate will follow very quickly once the HCL law done, stamped and completed...Let’s hope this is the weekend…things are really looking awesome.
4-21-2023 Guru Nader From The Mid East The guy I follow him a lot. He's the only guy who says like normal things. You should follow him too. He's the the Prime Minister advisor. He always have something good. Everything read about his it's good. His name is Saleh. He's amazing. You should follow him. You should look for his articles. Very interesting. Very true. Very relatable.
4-21-2023 Newshound Guru Clare Article quote: "Iraq and the Central Bank are in compliance with international concerns, including combating money laundering and terrorist financing, and that we have left the gray area and turned into a respected compliant country, and the Central Bank has now become an internationally recognized institution, as compliance is a feature of the ethical and legal features of work"
4-21-2023 Intel Guru Frank26 There's a lot of information pouring out right now. I mean a lot of information. Did we not tell you that in the 3rd week of this month you would have a plethora, a piñata full of information? The CBI would be extremely loud. But it's not just the CBI but it's also the Prime Minister. This fire hydrant of information that is pouring out at a fast volume.
4-21-2023 Newshound/Intel Guru Walkingstick [via Frank26] 1.5 dinars would equal about .50 cents to the dollar...it's all about the accounting. It's all about the numbers. Once the numbers are set exactly the way the RV had established it then you'll see everything come out. That's what it's about at this stage in the monetary reform.
4-21-2023 Intel Guru MarkZ [via PDK] Iraq is now in the middle of Eid Al Fitr. A big holiday in Iraq and their government is clearly telling us “before May” so to me they will have everything done in the next 9 days. We should be able to watch that movement.
4-21-2023 Newshound Guru Militia Man Alaq on the 13th 'alerted' us that something was coming. Then three business days later they come out and say there's a value...'it's now 1.5 times more strong' so they had to make an adjustment...there comes a time...that you can't back out. If they've gotten to that stage we're in a really really good spot. I don't know if it's going to be tomorrow, the next day...but they're telling us, this is their words...
4-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: After EID we expect some changes to the current rate to more like maybe 1000 to 1 maybe less. Then they can drop the 3-zeros. Here comes our fils. Here comes our lower notes. FRANK: Yes you are headed in the right direction. That is a good sequence of events for the monetary reform to reveal itself. Pay attention to your prime minister. He's trying to tell you that your currency is at 1.1 to the American dollar. It is possible they will start to float at 1 to 1.5 instead of 1 to 1...
4-21-2023 Intel Guru Bruce [via WiserNow] ...Iraq has been exchanging their dinar in the country of Iraq for about over 10 days now, up to about 12 days. And we know people that have done the exchanges there that are Iraqi that have taken the high three zero notes and exchanged them at a new rate and gotten the equivalent in Iraqi dinar, new Iraqi dinar, which are the lower denominations of the currency ...basically fives 10s 20s 50s Hundreds...Now – it’s good to know that exchanges are happening there and everything's hunky dory and I think it's business as usual in Iraq...but they still don't want us to...know the rate on the Iraqi dinar until we get started for exchanges...it's hidden from us – it’s kept from us...
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4-20-2023 Intel Guru MarkZ [via PDK] Community Memeber Question: "Dong rate?" I still say $2.25 but hearing it could be as high as $4. We will not know until we get there….I would be happy with $1 and be excited.
4-20-2023 Newshound Guru Clare Article "Central Bank: Car showrooms will deal in Iraqi dinars" Quote "The Central Bank confirmed...the reform package is a major shift for the organized economy, while noting that dealing in the Iraqi dinar will extend to the private sector."
4-20-2023 Newshound Guru Militia Man Article quote "The Central Bank of Iraq sent millions of text messages to reassure citizens about the government's measures to confront the high price of the dollar...we make the national currency stronger. Your dinars are stronger in light of government measures and the central bank." They say it specifically to us. They're gearing us...to be prepared for something to come.
4-20-2023 Newshound/Intel Guru Walkingstick [via Frank26] The controlled float that they are talking about to the Iraqi citizens is a plus or minus of two to three percent compliance. That's international compliance. That is removing all restrictions on the currency of Iraq . The whole point to be able to buy, sell and trade without any restrictions. This marks Article VIII.
4-20-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY:They have now made it where all goods and services being sold inside of Iraq must only be sold using the dinar, not the dollar. This is going to get dangerous if they don't release the new exchange rate soon.
4-20-2023 Newshound Guru Kaperoni Community comment: "They better hurry up and float it, because if not, and they keep linked to the US Dollar, the dinar is headed south with our dollar." They will float the dinar when they have created sufficient momentum for their economy that will support it. They will no longer be pegged.
4-20-2023 Newshound Guru Clare Article: "Iraq market stops its activity for five days" Quote: "Based on the Cabinet's decision to declare an official holiday for five days on the occasion of Eid Al-Fitr, it will not organize trading sessions, starting from Thursday, April 20, until next Monday."
4-20-2023 Newshound/Intel Guru Walkingstick [via Frank26] [CBI governor saying alert for exchange rate change] It's weird to hear this... the monetary reform education has no surprises anymore. It just has the facts...
4-20-2023 Intel Guru Frank26 Article Quote: "...we are witnessing today that the parallel exchange market is rapidly approaching the official price." Hot diggity dog. The new national currency of Iraq with a new national exchange rate! This is a powerful article. This is shove it in somebody's nose when they tell you it's a scam. Its' a great article.
4-20-2023 Intel Guru MarkZ [via PDK] Article: “Minister of Finance directs the working hours of Al Rasheed and Al Rafidan employees during the Eid El Fitr holiday” They have them working for days straight throughout the holiday …but, 99% of the country will be off. I think this is very important. If they want dinar in all the hands of the folks…If they are going to revalue or reset their currency…it would be important for banking to be open. Article: “Iraqi Market suspends its activities for five days.” Think about that…Banks will be open but the stock market will not. You would think if it’s all about the Eid Al Fitr holiday everything would be shut down. The timing is pretty interesting in my book.
4-20-2023 Newshound Guru Militia Man On April 13 Alaq Central Bank Governor says, 'Alert, Alert we're going to have a potential rate change.' The backdrop is bold red. To me he says Red Alert...am I reading into it? Maybe. But it really is powerful.
4-20-2023 Newshound/Intel Guru Walkingstick [via Frank26] I don't care if it's 1.5 to 1 or 15 to 1 either one of those if they start with it - Wow! That's a lot of money...it's far better than 1500 to 1...for them to be revealing this information to the Iraqi citizens it just shows you we are there...it's interesting to see these numbers in print. Hell it's about time! But who knows. This may be legit. We may be interpreting it correctly. We may be interpreting it incorrectly.
4-20-2023 Intel Guru Frank26 Instagram Post "Prime Minister Mr. Mohmaed Shia Al-Sudani: The exchange rate will return to 15 dinars per dollar and our financial situation is at its best." ...The IQD at $1.50? ...Is it 15 or is it 1.5? ... 1.5 to 1 dinar or 15 dinars to 1 dollar? I don't know.
4-20-2023 Intel Guru Bruce [via WiserNow] Are we waiting for anything else? That we don't know? We don't know of anything else. That tells us – when it’s this quiet, like people that we're supposed to have heard from did not communicate with us by text or call - Neither one - that tells me we're in this quiet before the storm. We're in the quiet before the release of everything ... the Treasury gave a green light for us to go forward. So unless something happened and those were rescinded, we should still be ready to go...we heard this could...occur at any minute.
4-20-2023 Intel Guru MarkZ [via PDK] We are hearing a lot of chatter over the next few days and especially for over the weekend. So, I feel good. I feel like we are there. The news is overwhelmingly good.
4-20-2023 Intel Guru MarkZ [via PDK] Community Memeber Question: "Dong rate?" I still say $2.25 but hearing it could be as high as $4. We will not know until we get there….I would be happy with $1 and be excited.
4-20-2023 Newshound Guru Clare Article "Central Bank: Car showrooms will deal in Iraqi dinars" Quote "The Central Bank confirmed...the reform package is a major shift for the organized economy, while noting that dealing in the Iraqi dinar will extend to the private sector."
4-20-2023 Newshound Guru Militia Man Article quote "The Central Bank of Iraq sent millions of text messages to reassure citizens about the government's measures to confront the high price of the dollar...we make the national currency stronger. Your dinars are stronger in light of government measures and the central bank." They say it specifically to us. They're gearing us...to be prepared for something to come.
4-20-2023 Newshound/Intel Guru Walkingstick [via Frank26] The controlled float that they are talking about to the Iraqi citizens is a plus or minus of two to three percent compliance. That's international compliance. That is removing all restrictions on the currency of Iraq . The whole point to be able to buy, sell and trade without any restrictions. This marks Article VIII.
4-20-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY:They have now made it where all goods and services being sold inside of Iraq must only be sold using the dinar, not the dollar. This is going to get dangerous if they don't release the new exchange rate soon.
4-20-2023 Newshound Guru Kaperoni Community comment: "They better hurry up and float it, because if not, and they keep linked to the US Dollar, the dinar is headed south with our dollar." They will float the dinar when they have created sufficient momentum for their economy that will support it. They will no longer be pegged.
4-20-2023 Newshound Guru Clare Article: "Iraq market stops its activity for five days" Quote: "Based on the Cabinet's decision to declare an official holiday for five days on the occasion of Eid Al-Fitr, it will not organize trading sessions, starting from Thursday, April 20, until next Monday."
4-20-2023 Newshound/Intel Guru Walkingstick [via Frank26] [CBI governor saying alert for exchange rate change] It's weird to hear this... the monetary reform education has no surprises anymore. It just has the facts...
4-20-2023 Intel Guru Frank26 Article Quote: "...we are witnessing today that the parallel exchange market is rapidly approaching the official price." Hot diggity dog. The new national currency of Iraq with a new national exchange rate! This is a powerful article. This is shove it in somebody's nose when they tell you it's a scam. Its' a great article.
4-20-2023 Intel Guru MarkZ [via PDK] Article: “Minister of Finance directs the working hours of Al Rasheed and Al Rafidan employees during the Eid El Fitr holiday” They have them working for days straight throughout the holiday …but, 99% of the country will be off. I think this is very important. If they want dinar in all the hands of the folks…If they are going to revalue or reset their currency…it would be important for banking to be open. Article: “Iraqi Market suspends its activities for five days.” Think about that…Banks will be open but the stock market will not. You would think if it’s all about the Eid Al Fitr holiday everything would be shut down. The timing is pretty interesting in my book.
4-20-2023 Newshound Guru Militia Man On April 13 Alaq Central Bank Governor says, 'Alert, Alert we're going to have a potential rate change.' The backdrop is bold red. To me he says Red Alert...am I reading into it? Maybe. But it really is powerful.
4-20-2023 Newshound/Intel Guru Walkingstick [via Frank26] I don't care if it's 1.5 to 1 or 15 to 1 either one of those if they start with it - Wow! That's a lot of money...it's far better than 1500 to 1...for them to be revealing this information to the Iraqi citizens it just shows you we are there...it's interesting to see these numbers in print. Hell it's about time! But who knows. This may be legit. We may be interpreting it correctly. We may be interpreting it incorrectly.
4-20-2023 Intel Guru Frank26 Instagram Post "Prime Minister Mr. Mohmaed Shia Al-Sudani: The exchange rate will return to 15 dinars per dollar and our financial situation is at its best." ...The IQD at $1.50? ...Is it 15 or is it 1.5? ... 1.5 to 1 dinar or 15 dinars to 1 dollar? I don't know.
4-20-2023 Intel Guru Bruce [via WiserNow] Are we waiting for anything else? That we don't know? We don't know of anything else. That tells us – when it’s this quiet, like people that we're supposed to have heard from did not communicate with us by text or call - Neither one - that tells me we're in this quiet before the storm. We're in the quiet before the release of everything ... the Treasury gave a green light for us to go forward. So unless something happened and those were rescinded, we should still be ready to go...we heard this could...occur at any minute.
4-20-2023 Intel Guru MarkZ [via PDK] We are hearing a lot of chatter over the next few days and especially for over the weekend. So, I feel good. I feel like we are there. The news is overwhelmingly good.
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4-19-2023 Newshound Guru Clare Trade Bank of Iraq tweet "It was decided that the approved cash currency in all ATMs affiliated to the Iraqi Trade Bank shall be in the dinar currency only, and the dollar currency shall be canceled from those devices, as well as the national currency shall be adopted in all electronic financial services, in implementation of the decision of the Council of Ministers and the directives of the Central Bank of Iraq."
4-19-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: The CBI governor is talking more of this program rate plan and the alert that they put us on. They are telling us this is all part of the restructure of Iraq 's banking... FRANK: It's important for you to understand. They are not trying to stabilize the program rate. They are trying to stabilize the discrepancy between the Iraqi dinar and the American dollar. To close the gap. That is the internal float...This gap is too big right now...They have to narrow it to reach 1 to 1 in order to float internationally...They are moving like a bunch of ants quickly to accomplish their goal.
4-19-2023 Newshound Guru Sandy Ingram A way to stay wealthy is finding a way to provide a monthly cash flow so we do not spend our initial profits...hiring a financial advisor is recommended... Step 3: Is NOT for everyone...many ex-pats live extremely well on $2000/month outside of the United States . If you do anything else except pay for medical insurance...you are on your way to being broke. This is not a mistake you can afford to make... [Post 3 of 3] [NOTE: Consult your tax and financial experts at the appropriate time to build plans for your unique circumstances.]
4-19-2023 Newshound Guru Sandy Ingram If you are trying to exchange 100,000 Iraqi dinar, in the future, for .25 cents or even 1 dinar to 1 US dollar there will be a lot of questions asked. This information would be forwarded to the IRS and 2 or 3 years later if this transaction did not show up on your tax return you would receive a letter from the Department of the Treasury. This letter could be the beginning of your path to prison if you do or did not comply. Step 2: The wealthy have stock and they borrow against their stock for living expenses, most times...we have to do things a little differently. [Post 2 of 3....stay tuned]
4-19-2023 Newshound Guru Sandy Ingram How to protect your exotic currency profits... Step 1: Treat taxes like an expense...In the United States you...can buy exotic currencies all day everyday and never be taxed, until you exchange the currency for US dollars (or any currency) and earn a profit...You may say, 'I travel all the time and exchange currency... without paying taxes.' While this is true, I dare you to bring back $10,000 of that country's currency and exchange it in the United States.... [Post 1 of 3...stay tuned]
4-19-2023 Intel Guru MarkZ I am excited about everything going on. ...The third reading of the 3 year budget I am hearing may be late tonight or early tomorrow? That they want it done for Eid Al Fitr by Thursday on the 20th which is tomorrow.
4-19-2023 Intel Guru Frank26 Article quote: "A government advisor confirmed, on Tuesday, that the parallel market for selling the dollar will witness a new decline during the next ten days and will come closer to the official price...after the agreement with the American side." HERE IS THE NEXT RATE DECREASE WE TOLD YOU ABOUT BEFORE THEY START THE FLOAT! THERE ARE NO MORE SECRETS TO THE MONETARY REFORM!...
4-19-2023 Newshound Guru Pimpy There is no in-country/out-country special rate. I don't care what the hell people tell you. All you have to do is apply common sense. If that was the case you would have people smuggling money all day long...If somebody is selling 1750 dinars for every dollar I would take as much money as possible, buy those dinars, turn around and go back into Iraq's bank and exchange my dinars for American currency at the fixed rate 1300 dinars for every dollar. I'd be pocketing another 450 dinars in revenue. So no there is no in-country rate. There is no special rate for officials. There's none of that crap. That doesn't make any sense.
4-19-2023 Newshound Guru Militia Man Where we are is an amazing time frame because the budget is key in importance. We have Al Sudani, it's not his job to be telling people that his currency is going to change in the next few weeks, but he does...
4-19-2023 Guest Guru Goldilocks Iraq is expanding their ISX market to include oil, gold, and foreign companies. This will expand the reach of the Iraqi Dinar and create more demand for their currency. It is a move that will increase the value of their National Currency, of which, they are currently exclusively utilizing at this time. They will need to move from a programmed rate to a competitive rate to succeed on a market expansion such as this we are witnessing. We are getting even closer my friends.
4-19-2023 Newshound Guru Clare Question "since the budget has been read twice does it have to be voted on before a third reading?" No IMO.
4-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...said - with the help of the US Treasury they are now working on stabilizing the program rate. It's being done with an internal float. When this is completed all these meeting with the World Bank and IMF is because they will be the one helping us go international. The process is moving at full force. FRANK: And quickly.
4-19-2023 Intel Guru MarkZ [via PDK] Member comment: I hear the dong rate will be through the roof. MarkZ: I am hearing that as well….
4-19-2023 Newshound/Intel Guru Mnt Goat The IMF and the World Bank recently met with an Iraqi delegation held in Washington, D.C...the meeting witnessed deliberation in the economic and financial goals that the Iraqi government is working to achieve. One of which was the future monetary policy of Iraq and the currency reform...Then articles...come out this week...quote - “The Iraqi dinar continues to make gains at the expense of the us dollar exchange rate” and then on Monday, Prime Minister...al-Sudani indicated that the value of the Iraqi dinar will rise against the US dollar during the next few weeks...Folks we are heading for the long-awaited reinstatement of the Iraqi dinar to FOREX not as a placeholder but open for business full trading...How could the news possibly get any better?
4-19-2023 Newshound Guru Clare Trade Bank of Iraq tweet "It was decided that the approved cash currency in all ATMs affiliated to the Iraqi Trade Bank shall be in the dinar currency only, and the dollar currency shall be canceled from those devices, as well as the national currency shall be adopted in all electronic financial services, in implementation of the decision of the Council of Ministers and the directives of the Central Bank of Iraq."
4-19-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: The CBI governor is talking more of this program rate plan and the alert that they put us on. They are telling us this is all part of the restructure of Iraq 's banking... FRANK: It's important for you to understand. They are not trying to stabilize the program rate. They are trying to stabilize the discrepancy between the Iraqi dinar and the American dollar. To close the gap. That is the internal float...This gap is too big right now...They have to narrow it to reach 1 to 1 in order to float internationally...They are moving like a bunch of ants quickly to accomplish their goal.
4-19-2023 Newshound Guru Sandy Ingram A way to stay wealthy is finding a way to provide a monthly cash flow so we do not spend our initial profits...hiring a financial advisor is recommended... Step 3: Is NOT for everyone...many ex-pats live extremely well on $2000/month outside of the United States . If you do anything else except pay for medical insurance...you are on your way to being broke. This is not a mistake you can afford to make... [Post 3 of 3] [NOTE: Consult your tax and financial experts at the appropriate time to build plans for your unique circumstances.]
4-19-2023 Newshound Guru Sandy Ingram If you are trying to exchange 100,000 Iraqi dinar, in the future, for .25 cents or even 1 dinar to 1 US dollar there will be a lot of questions asked. This information would be forwarded to the IRS and 2 or 3 years later if this transaction did not show up on your tax return you would receive a letter from the Department of the Treasury. This letter could be the beginning of your path to prison if you do or did not comply. Step 2: The wealthy have stock and they borrow against their stock for living expenses, most times...we have to do things a little differently. [Post 2 of 3....stay tuned]
4-19-2023 Newshound Guru Sandy Ingram How to protect your exotic currency profits... Step 1: Treat taxes like an expense...In the United States you...can buy exotic currencies all day everyday and never be taxed, until you exchange the currency for US dollars (or any currency) and earn a profit...You may say, 'I travel all the time and exchange currency... without paying taxes.' While this is true, I dare you to bring back $10,000 of that country's currency and exchange it in the United States.... [Post 1 of 3...stay tuned]
4-19-2023 Intel Guru MarkZ I am excited about everything going on. ...The third reading of the 3 year budget I am hearing may be late tonight or early tomorrow? That they want it done for Eid Al Fitr by Thursday on the 20th which is tomorrow.
4-19-2023 Intel Guru Frank26 Article quote: "A government advisor confirmed, on Tuesday, that the parallel market for selling the dollar will witness a new decline during the next ten days and will come closer to the official price...after the agreement with the American side." HERE IS THE NEXT RATE DECREASE WE TOLD YOU ABOUT BEFORE THEY START THE FLOAT! THERE ARE NO MORE SECRETS TO THE MONETARY REFORM!...
4-19-2023 Newshound Guru Pimpy There is no in-country/out-country special rate. I don't care what the hell people tell you. All you have to do is apply common sense. If that was the case you would have people smuggling money all day long...If somebody is selling 1750 dinars for every dollar I would take as much money as possible, buy those dinars, turn around and go back into Iraq's bank and exchange my dinars for American currency at the fixed rate 1300 dinars for every dollar. I'd be pocketing another 450 dinars in revenue. So no there is no in-country rate. There is no special rate for officials. There's none of that crap. That doesn't make any sense.
4-19-2023 Newshound Guru Militia Man Where we are is an amazing time frame because the budget is key in importance. We have Al Sudani, it's not his job to be telling people that his currency is going to change in the next few weeks, but he does...
4-19-2023 Guest Guru Goldilocks Iraq is expanding their ISX market to include oil, gold, and foreign companies. This will expand the reach of the Iraqi Dinar and create more demand for their currency. It is a move that will increase the value of their National Currency, of which, they are currently exclusively utilizing at this time. They will need to move from a programmed rate to a competitive rate to succeed on a market expansion such as this we are witnessing. We are getting even closer my friends.
4-19-2023 Newshound Guru Clare Question "since the budget has been read twice does it have to be voted on before a third reading?" No IMO.
4-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...said - with the help of the US Treasury they are now working on stabilizing the program rate. It's being done with an internal float. When this is completed all these meeting with the World Bank and IMF is because they will be the one helping us go international. The process is moving at full force. FRANK: And quickly.
4-19-2023 Intel Guru MarkZ [via PDK] Member comment: I hear the dong rate will be through the roof. MarkZ: I am hearing that as well….
4-19-2023 Newshound/Intel Guru Mnt Goat The IMF and the World Bank recently met with an Iraqi delegation held in Washington, D.C...the meeting witnessed deliberation in the economic and financial goals that the Iraqi government is working to achieve. One of which was the future monetary policy of Iraq and the currency reform...Then articles...come out this week...quote - “The Iraqi dinar continues to make gains at the expense of the us dollar exchange rate” and then on Monday, Prime Minister...al-Sudani indicated that the value of the Iraqi dinar will rise against the US dollar during the next few weeks...Folks we are heading for the long-awaited reinstatement of the Iraqi dinar to FOREX not as a placeholder but open for business full trading...How could the news possibly get any better?
4-18-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: This has never happened before. The CBI has never come out on television, on our media and said 'A rate change alert'. This is amazing to hear. FRANK: It doesn't get any better than that! ...The streets are ablaze. We've got some serious fire here with all the talk of a new exchange rate coming to us and a new currency with coins. It's not a rumor any more is it...there are no secrets between the citizens of Iraq and the CBI monetary reform..
4-18-2023 Guest Guru Deepwoodz Question: "How rich is Iraq?" ...The world proven oil reserves, and Iraq 12%. If oil in the ground is money in the bank, Iraq is wealthy. Iraq can produce 2 billion barrels per year. At $100 per barrel, that oil would sell for $200 billion...If Iraq sells a quarter of its potential reserves at an average price of $100 for the next 20 years, that would generate 90 billion x $100 = $9 trillion...If Iraq invests only a quarter of its oil revenue for the next 20 years, it will match current US productive assets per capita...These calculations do not include natural gas revenue, lately about equal to oil revenue. Also, most of Iraq has not been explored for gas or oil...By this I’d guess…filthy rich. Keep in mind this is only oil.
4-18-2023 Guru Nader From The Mid East I give the news. I just like the news from the TV, from the radio and give it to people. It's not an opinion.
4-18-2023 Intel Guru MarkZ [via PDK] “Iraqi official states Kurdistan oil exports could restart within days” ...This is important because they won’t resume until they have the HCL law. The section 140 hydrocarbon law. This is a big piece of news because if they are resuming…this means the HCL and the budget is done...It’s all been agreed to- they just need to announce it. It’s going to be a great week…an interesting week...Try to stay sane this week…it may be full of ups and downs.
4-18-2023 Intel/Newshound Guru Walkingstick [via Frank26] They want the citizens to know their new national currency will be stronger than it's ever been - Stronger than any currency that they have ever been using because the American dollar is tumbling and Iraq is going in the opposite direction.
4-18-2023 Intel Guru Frank26 Articles Quote: "The convergence between the official exchange rate and the parallel market rate is a positive reflection of the national currency, and the coming days will witness a greater acceleration in its decline." What you're saying is there are two rates in your country. One of them is based against the dollar. And the other one is based against jerks who want to inflate your currency...what have you done? Controlled it. How? Having an internal float. The controlled float is being done internally right now, they are talking about the + or - 2%-3% compliance. This is removing all restriction on the national currency of Iraq!
4-18-2023 Newshound Guru Militia Man ...Al Sudani stated this weekend that there was going to be a rise against the dollar with the Iraqi dinar. So the Iraqi dinar is to increase. If you remember back about a week or two ago, maybe a little longer...he says, '...we reassure the citizen to not acquire the dollar because the dinar is the strongest". It's open public information that he's telling his citizens be careful using the dollar. Don't get rid of your dinars...He not only said it once, he said it twice...
4-18-2023 Intel Guru MarkZ [via PDK] Well it was cooking in Iraq last night with expectations of more cooking in the next few hours again...I am hearing the Iraqi Parliament may call a late session for the third budget meeting late tonight. If not, I am being told that session will be opened for it tomorrow. They went into the wee hours last night to pass the second reading. The HCL in the budget is supposed to go into effect in days telling us they do plan on having everything done…pretty exciting news over there.
4-18-2023 Intel Guru yada ...I believe we are very close...before/during Eid and expectation of the rate release before the budget is finalized, EID is this weekend, 2nd reading yesterday...
4-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor...is saying the CBI is on high alert to change the dinar exchange rate. He is saying this on News Channel One...He's saying do to the auditing transfers of the hard currency. This has to be done. FRANK: He's talking about the float.
4-18-2023 Intel Guru MarkZ [via PDK] Question: What do you think the dinar rate will be? MarkZ Answer: With a combination of what my gut is telling me…charts, and conversations...I believe it will be somewhere between $4.20 - $5.35… After many conversations that is what I think we are going to see. But I could be way off and completely wrong.
4-18-2023 Newshound/Intel Guru Mnt Goat In Shafaq News, the Governor of the Central Bank of Iraq Ali Al-Alaq, on Thursday, that Iraq is on alert to adjust the exchange rate of the dinar...
4-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: This has never happened before. The CBI has never come out on television, on our media and said 'A rate change alert'. This is amazing to hear. FRANK: It doesn't get any better than that! ...The streets are ablaze. We've got some serious fire here with all the talk of a new exchange rate coming to us and a new currency with coins. It's not a rumor any more is it...there are no secrets between the citizens of Iraq and the CBI monetary reform..
4-18-2023 Guest Guru Deepwoodz Question: "How rich is Iraq?" ...The world proven oil reserves, and Iraq 12%. If oil in the ground is money in the bank, Iraq is wealthy. Iraq can produce 2 billion barrels per year. At $100 per barrel, that oil would sell for $200 billion...If Iraq sells a quarter of its potential reserves at an average price of $100 for the next 20 years, that would generate 90 billion x $100 = $9 trillion...If Iraq invests only a quarter of its oil revenue for the next 20 years, it will match current US productive assets per capita...These calculations do not include natural gas revenue, lately about equal to oil revenue. Also, most of Iraq has not been explored for gas or oil...By this I’d guess…filthy rich. Keep in mind this is only oil.
4-18-2023 Guru Nader From The Mid East I give the news. I just like the news from the TV, from the radio and give it to people. It's not an opinion.
4-18-2023 Intel Guru MarkZ [via PDK] “Iraqi official states Kurdistan oil exports could restart within days” ...This is important because they won’t resume until they have the HCL law. The section 140 hydrocarbon law. This is a big piece of news because if they are resuming…this means the HCL and the budget is done...It’s all been agreed to- they just need to announce it. It’s going to be a great week…an interesting week...Try to stay sane this week…it may be full of ups and downs.
4-18-2023 Intel/Newshound Guru Walkingstick [via Frank26] They want the citizens to know their new national currency will be stronger than it's ever been - Stronger than any currency that they have ever been using because the American dollar is tumbling and Iraq is going in the opposite direction.
4-18-2023 Intel Guru Frank26 Articles Quote: "The convergence between the official exchange rate and the parallel market rate is a positive reflection of the national currency, and the coming days will witness a greater acceleration in its decline." What you're saying is there are two rates in your country. One of them is based against the dollar. And the other one is based against jerks who want to inflate your currency...what have you done? Controlled it. How? Having an internal float. The controlled float is being done internally right now, they are talking about the + or - 2%-3% compliance. This is removing all restriction on the national currency of Iraq!
4-18-2023 Newshound Guru Militia Man ...Al Sudani stated this weekend that there was going to be a rise against the dollar with the Iraqi dinar. So the Iraqi dinar is to increase. If you remember back about a week or two ago, maybe a little longer...he says, '...we reassure the citizen to not acquire the dollar because the dinar is the strongest". It's open public information that he's telling his citizens be careful using the dollar. Don't get rid of your dinars...He not only said it once, he said it twice...
4-18-2023 Intel Guru MarkZ [via PDK] Well it was cooking in Iraq last night with expectations of more cooking in the next few hours again...I am hearing the Iraqi Parliament may call a late session for the third budget meeting late tonight. If not, I am being told that session will be opened for it tomorrow. They went into the wee hours last night to pass the second reading. The HCL in the budget is supposed to go into effect in days telling us they do plan on having everything done…pretty exciting news over there.
4-18-2023 Intel Guru yada ...I believe we are very close...before/during Eid and expectation of the rate release before the budget is finalized, EID is this weekend, 2nd reading yesterday...
4-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor...is saying the CBI is on high alert to change the dinar exchange rate. He is saying this on News Channel One...He's saying do to the auditing transfers of the hard currency. This has to be done. FRANK: He's talking about the float.
4-18-2023 Intel Guru MarkZ [via PDK] Question: What do you think the dinar rate will be? MarkZ Answer: With a combination of what my gut is telling me…charts, and conversations...I believe it will be somewhere between $4.20 - $5.35… After many conversations that is what I think we are going to see. But I could be way off and completely wrong.
4-18-2023 Newshound/Intel Guru Mnt Goat In Shafaq News, the Governor of the Central Bank of Iraq Ali Al-Alaq, on Thursday, that Iraq is on alert to adjust the exchange rate of the dinar...
4-17-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-17-2023 Intel Guru MarkZ [via PDK] In Iraq - “The house of representatives keeps its session open and resumes this evening” They completed the second reading. We do not yet know the timing of the third reading. There were no changes in the budget law…this is important...What I am hearing from Iraq …there is a possibility they do their third reading tomorrow and just announce it. They are trying to keep things as quiet as they can. They want to keep it under wraps until Thursday or maybe Friday. There are a lot of rumors and chatter from the banking side that tomorrow could be the “GO”…. We will see.
4-17-2023 Intel Guru Frank26 It is strictly in my opinion they are now prepared to show them the new small category notes
4-17-2023 Newshound Guru Breitling What is Iraq looking at? They're looking at more customers. They want to sell more product and have more customers. That's it... Iraq and the Middle East are changing their financial strategy/business plan on how to gain more customers...
4-17-2023 Intel Guru MarkZ [via PDK] ...they were suddenly ready to do the second reading of the budget on Sunday…Earlier we had been told they were not going to read it until after Ramadan and make a lot of changes to the budget. But many of us were of the mindset that everything is already done. We firmly believe we will see a little bit of smoke and then they send it out. Similar to the smoke we saw from Kuwait and China before they had major value changes to their currency. They read it and passed it with no changes for the second reading…the final reading is coming…my sources say they expect to see that tomorrow. Perhaps that is why we are seeing a lot of chatter about tomorrow right now….
4-17-2023 Newshound Guru Sandy Ingram Participate in one or more of the low-cost investment options so that you are building wealth while we wait on the Iraqi dinar to revalue, float or go digital. It is important to keep the doors of investment open. Once you train the mind to expect wealth it will come. Your subconscious mind will never ever let you down. Be careful of your thoughts...
4-17-2023 Newshound Guru Clare Article: "Central Bank: Foreign exchange reserves exceed $110 billion" Quote: "most of them are invested in assets that are as close as possible to risk-free"
4-17-2023 Newshound/Intel Guru Walkingstick [via Frank26] We suggested there would be another rate change before the float at least 1 to 1. It went from 1300 to 1132 then IMO the next rate change will put the IQD in position to float at 1 to 1, 1 to 2, 1 to 3 it is unknown to us at this time. We do not have those variable. It's being presented to the Iraqi citizens themselves. They already told them. That alone is so powerful.
4-17-2023 Newshound Guru Militia Man ...The Central Bank...told everybody on TV that the Central Bank issued 3 circulars obligating the owners of residential complexes and companies to the official dollar price and pricing everything in Iraqi dinars. Based on the decision of the Council of Ministers which stipulated obligating all government agencies and the private sector to price their products in dinars. That's huge... That's everything in country in dinars. Also keep in mind they're sayings you'll need to be doing it in the currency at the official exchange rate.
4-17-2023 Intel Guru MarkZ [via PDK] Question: ...will we receive our RV phone numbers this week. MarkZ answer: if 5% of the rumors and chatter are accurate, yes....I had a major contact reach out and tell me “Hey, we are getting ready to be done…I am so excited” But I have not heard any details on timing yet...stay calm this week. Don’t be surprised about rumors coming out on delays for a couple months…disinformation and smoke is a necessary thing during the final process.
4-17-2023 Newshound/Intel Guru Mnt Goat ...I am going out on a limb to say that by June 2023 we could see this reinstatement of the dinar. I am...using...solid FACTUAL data from the articles. Article quote: “The Governor of the Central Bank of Iraq Ali Al-Alaq, on Thursday, that Iraq is on alert to adjust the exchange rate of the dinar”... He is talking about the stabilization of the program rate first with the help of the US Treasury, then the reinstatement with the help of the IMF and World Bank... Folks, it can’t get any better!!
4-17-2023 Intel Guru Frank26 Article: "Saleh: Iraq's exit from the list of the most indebted to the "International Monetary" is an attractive factor for investment" Quote: "Salih, considered that Iraq's exit from the list of countries most indebted to the International Monetary Fund is an attractive element for investment, as it greatly raises the creditworthiness of Iraq"
4-17-2023 Intel Guru yada ...Rate will need to be released before they finalize the budget...
4-17-2023 Intel Guru MarkZ [via PDK] In Iraq - “The house of representatives keeps its session open and resumes this evening” They completed the second reading. We do not yet know the timing of the third reading. There were no changes in the budget law…this is important...What I am hearing from Iraq …there is a possibility they do their third reading tomorrow and just announce it. They are trying to keep things as quiet as they can. They want to keep it under wraps until Thursday or maybe Friday. There are a lot of rumors and chatter from the banking side that tomorrow could be the “GO”…. We will see.
4-17-2023 Intel Guru Frank26 It is strictly in my opinion they are now prepared to show them the new small category notes
4-17-2023 Newshound Guru Breitling What is Iraq looking at? They're looking at more customers. They want to sell more product and have more customers. That's it... Iraq and the Middle East are changing their financial strategy/business plan on how to gain more customers...
4-17-2023 Intel Guru MarkZ [via PDK] ...they were suddenly ready to do the second reading of the budget on Sunday…Earlier we had been told they were not going to read it until after Ramadan and make a lot of changes to the budget. But many of us were of the mindset that everything is already done. We firmly believe we will see a little bit of smoke and then they send it out. Similar to the smoke we saw from Kuwait and China before they had major value changes to their currency. They read it and passed it with no changes for the second reading…the final reading is coming…my sources say they expect to see that tomorrow. Perhaps that is why we are seeing a lot of chatter about tomorrow right now….
4-17-2023 Newshound Guru Sandy Ingram Participate in one or more of the low-cost investment options so that you are building wealth while we wait on the Iraqi dinar to revalue, float or go digital. It is important to keep the doors of investment open. Once you train the mind to expect wealth it will come. Your subconscious mind will never ever let you down. Be careful of your thoughts...
4-17-2023 Newshound Guru Clare Article: "Central Bank: Foreign exchange reserves exceed $110 billion" Quote: "most of them are invested in assets that are as close as possible to risk-free"
4-17-2023 Newshound/Intel Guru Walkingstick [via Frank26] We suggested there would be another rate change before the float at least 1 to 1. It went from 1300 to 1132 then IMO the next rate change will put the IQD in position to float at 1 to 1, 1 to 2, 1 to 3 it is unknown to us at this time. We do not have those variable. It's being presented to the Iraqi citizens themselves. They already told them. That alone is so powerful.
4-17-2023 Newshound Guru Militia Man ...The Central Bank...told everybody on TV that the Central Bank issued 3 circulars obligating the owners of residential complexes and companies to the official dollar price and pricing everything in Iraqi dinars. Based on the decision of the Council of Ministers which stipulated obligating all government agencies and the private sector to price their products in dinars. That's huge... That's everything in country in dinars. Also keep in mind they're sayings you'll need to be doing it in the currency at the official exchange rate.
4-17-2023 Intel Guru MarkZ [via PDK] Question: ...will we receive our RV phone numbers this week. MarkZ answer: if 5% of the rumors and chatter are accurate, yes....I had a major contact reach out and tell me “Hey, we are getting ready to be done…I am so excited” But I have not heard any details on timing yet...stay calm this week. Don’t be surprised about rumors coming out on delays for a couple months…disinformation and smoke is a necessary thing during the final process.
4-17-2023 Newshound/Intel Guru Mnt Goat ...I am going out on a limb to say that by June 2023 we could see this reinstatement of the dinar. I am...using...solid FACTUAL data from the articles. Article quote: “The Governor of the Central Bank of Iraq Ali Al-Alaq, on Thursday, that Iraq is on alert to adjust the exchange rate of the dinar”... He is talking about the stabilization of the program rate first with the help of the US Treasury, then the reinstatement with the help of the IMF and World Bank... Folks, it can’t get any better!!
4-17-2023 Intel Guru Frank26 Article: "Saleh: Iraq's exit from the list of the most indebted to the "International Monetary" is an attractive factor for investment" Quote: "Salih, considered that Iraq's exit from the list of countries most indebted to the International Monetary Fund is an attractive element for investment, as it greatly raises the creditworthiness of Iraq"
4-17-2023 Intel Guru yada ...Rate will need to be released before they finalize the budget...
4-16-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-16-2023 Intel Guru Frank26 [Sudani and CBI's stacking up over the weeks] Whale song 1. Hold on to your dinars. 2. ...soon you will be exchanging them for your new national currency. 3. ...soon they [dinars] will have value. 4. And finally today, Iraqi citizens your currency is worth more than the American dollar. What!?! : )
4-16-2023 Newshound Guru Militia Man They're at an official rate of 1310 and the parallel market has been as high as 1800. They're going to fix that. One way to fix that is to get all the citizens goods and services...off the dollar. That is exactly what they're doing. They've stated numerous times the dollar is going to be gone and the dinar is going to be the strongest. Al Sudani says it twice, people are starting to take him seriously and now that... they're going to force people to use the dinar only in country is very very powerful.
4-16-2023 Newshound Guru Sandy Ingram What happens to Iraq's paper money once they go digital? ...Only 5 countries are fully digital and these are all Caribbean countries (Bahamas, Saint Kitts and Nevis, Antigua and Barbuda, Saint Lucia, and Grenada)...The questions we have are 1. Will non-citizens be given an opportunity to exchange paper money for digital money? 2. Will there be a limit on how much we can exchange? Until Iraq joins the international monetary platform, we will be at the discretion of Iraq on how they handle paper money outside of the country.
4-16-2023 Newshound Guru Clare Article: "The Central Bank of Iraq is in the process of expanding the network of banks to provide service in different currencies such as yuan or euro" Quote: "there is a desire by solid international banks to enter the Iraqi banking sector and work inside the country."
4-16-2023 Newshound Guru Kaperoni Iraq is working diligently to create the economy needed to float the dinar. Hopefully, within year or two they will be in a position to begin to float...owning Iraqi dinar is not a lottery ticket there is no overnight significant increase in the dinar. ...It's going to take time but only with the success and growth of their economy will the dinar go up. They do have a plan, it just takes time. The economic success of Iraq will proceed any increase in value. And the value increase will be a direct result of the success of that growth...Hopefully in the next month or so we will see the budget pass, then some important legislation will follow.
4-16-2023 Newshound Guru Henig Article: "Chambers of Commerce: Dollarization of markets has decreased and the exchange rate will reach 140" Quote: "the use of the dollar in trade exchange and debt repayment at home, or what is known as market dollarization, fell by 10% for the first time in many years, and the demand began to be greater for the adoption of the dinar in ending transactions and exchanges between traders within local markets... The markets of Diyala and the rest of the provinces are witnessing a remarkable decline in the exchange rate of the dollar recently..."
4-16-23 Intel Guru Frank26 After the 1950's our exchange rate started to improve. All the 3-zero notes that were in our circulation were no longer being used. Did the United States tell the citizens, 'You know that $1,000, $500? It's no longer legal tender after a certain amount of time.' No. It's still legal tender...I don't believe they're going to put that pressure on the Iraqi citizens ...which means they're not going to put that pressure on you to trade in your 3-zeros either. [Post 2 of 2]
4-16-23 Intel Guru Frank26 Question: "Will there be a cutoff date on the 3-zero notes to encourage the citizens to get their notes off the street?" I don't believe the CBI is going to mandate, 'you've only got 3 months to bring in your 3-zero notes.' They would be stabbing their own citizens in the back...I always use the example of the United States of America. [Post 1 of 2....stay tuned]
4-16-2023 Newshound Guru Militia Man They're publicly making it known to everybody inside the country to start repricing in the dinar. What else can you say? Something's coming. Something's up. They're already in the dinar per se at 1310, are they not? Why reprice? Well because the change is coming.
4-16-2023 Newshound Guru Sandy Ingram We cannot confirm yet. We are being told that ALL shop owners in Iraq have been ordered to price and sell all goods in Iraqi dinars at the rate of 1310. This may be a good thing.
4-16-2023 Newshound/Intel Guru Mnt Goat ...The dinar now is actually on an unofficial, highly managed “float” by the CBI but only within Iraq. I know for a FACT, not rumors or opinions, that when the dinar reaches at some point close to 1000 rate after comparing to the parallel market, they fully intend to drop the three zeros and begin issuing the newer lower denominations
4-16-2023 Intel Guru Frank26 [Sudani and CBI's stacking up over the weeks] Whale song 1. Hold on to your dinars. 2. ...soon you will be exchanging them for your new national currency. 3. ...soon they [dinars] will have value. 4. And finally today, Iraqi citizens your currency is worth more than the American dollar. What!?! : )
4-16-2023 Newshound Guru Militia Man They're at an official rate of 1310 and the parallel market has been as high as 1800. They're going to fix that. One way to fix that is to get all the citizens goods and services...off the dollar. That is exactly what they're doing. They've stated numerous times the dollar is going to be gone and the dinar is going to be the strongest. Al Sudani says it twice, people are starting to take him seriously and now that... they're going to force people to use the dinar only in country is very very powerful.
4-16-2023 Newshound Guru Sandy Ingram What happens to Iraq's paper money once they go digital? ...Only 5 countries are fully digital and these are all Caribbean countries (Bahamas, Saint Kitts and Nevis, Antigua and Barbuda, Saint Lucia, and Grenada)...The questions we have are 1. Will non-citizens be given an opportunity to exchange paper money for digital money? 2. Will there be a limit on how much we can exchange? Until Iraq joins the international monetary platform, we will be at the discretion of Iraq on how they handle paper money outside of the country.
4-16-2023 Newshound Guru Clare Article: "The Central Bank of Iraq is in the process of expanding the network of banks to provide service in different currencies such as yuan or euro" Quote: "there is a desire by solid international banks to enter the Iraqi banking sector and work inside the country."
4-16-2023 Newshound Guru Kaperoni Iraq is working diligently to create the economy needed to float the dinar. Hopefully, within year or two they will be in a position to begin to float...owning Iraqi dinar is not a lottery ticket there is no overnight significant increase in the dinar. ...It's going to take time but only with the success and growth of their economy will the dinar go up. They do have a plan, it just takes time. The economic success of Iraq will proceed any increase in value. And the value increase will be a direct result of the success of that growth...Hopefully in the next month or so we will see the budget pass, then some important legislation will follow.
4-16-2023 Newshound Guru Henig Article: "Chambers of Commerce: Dollarization of markets has decreased and the exchange rate will reach 140" Quote: "the use of the dollar in trade exchange and debt repayment at home, or what is known as market dollarization, fell by 10% for the first time in many years, and the demand began to be greater for the adoption of the dinar in ending transactions and exchanges between traders within local markets... The markets of Diyala and the rest of the provinces are witnessing a remarkable decline in the exchange rate of the dollar recently..."
4-16-23 Intel Guru Frank26 After the 1950's our exchange rate started to improve. All the 3-zero notes that were in our circulation were no longer being used. Did the United States tell the citizens, 'You know that $1,000, $500? It's no longer legal tender after a certain amount of time.' No. It's still legal tender...I don't believe they're going to put that pressure on the Iraqi citizens ...which means they're not going to put that pressure on you to trade in your 3-zeros either. [Post 2 of 2]
4-16-23 Intel Guru Frank26 Question: "Will there be a cutoff date on the 3-zero notes to encourage the citizens to get their notes off the street?" I don't believe the CBI is going to mandate, 'you've only got 3 months to bring in your 3-zero notes.' They would be stabbing their own citizens in the back...I always use the example of the United States of America. [Post 1 of 2....stay tuned]
4-16-2023 Newshound Guru Militia Man They're publicly making it known to everybody inside the country to start repricing in the dinar. What else can you say? Something's coming. Something's up. They're already in the dinar per se at 1310, are they not? Why reprice? Well because the change is coming.
4-16-2023 Newshound Guru Sandy Ingram We cannot confirm yet. We are being told that ALL shop owners in Iraq have been ordered to price and sell all goods in Iraqi dinars at the rate of 1310. This may be a good thing.
4-16-2023 Newshound/Intel Guru Mnt Goat ...The dinar now is actually on an unofficial, highly managed “float” by the CBI but only within Iraq. I know for a FACT, not rumors or opinions, that when the dinar reaches at some point close to 1000 rate after comparing to the parallel market, they fully intend to drop the three zeros and begin issuing the newer lower denominations
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4-15-2023 Intel Guru MarkZ [via PDK] “Central Bank: There is harmony between the Iraqi government and the bank in the process of reforming the banking sector.” When they say “the bank” they are referring to the World Bank , UN, IMF. There are multiple articles out about the meetings . This to me is huge. They are running all these articles to give confidence to the dinar before the reinstatement. A lot is occurring in Iraq and it is exciting.
4-15-2023 Newshound Guru Militia Man Al-Bawi says it's likely the dinar will recover from its fall to the dollar with that approaching budget. The expectation is with what they're doing, the dollar is going to be bye-bye - it's going to go away...because they're removing the dollar from internal usage. That means they're telling everybody all goods and services have to be in dinar.
4-15-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-15-2023 Intel Guru Frank26 Article " Iraq revives its tea plantation in Vietnam and discusses its development" THE IQD & THE VND ARE INTERESTING.
4-15-2023 Newshound Guru Pimpy That's worse than where the dinar is today. "But this past week a dollar was fetching just 750 to 1100 dinars per dollar..." You're looking at a 62% increase. I don't know about you but I wouldn't mind the value of the dinar increasing up to 750 dinars than where we are right now. That'd be really nice. Still not where we want it to be but definitely a lot better than where it is and where it was...the number we want to continue to decrease is the amount of dinars per dollar...I'm telling you we're going to see articles like this pretty soon. [Post 2 of 2]
4-15-2023 Newshound Guru Pimpy I came across this older article about the Iraqi dinar... Article: "Saddam winning out over dollar" Quote: "The Iraqi dinars bearing the former dictator's image soars in value against a dollar in recent days." You might see these same headlines here shortly. This is from May 22, 2003. Quote: "Is a currency posting the biggest gains against a dollar in recent weeks isn't the Euro or the Yen, it's the Iraqi dinar...Baghdad says the dinar's value is soaring reversing a slide that had accelerated during the war. The Baltimore Sun reported that 2 weeks ago $1 could buy 2,000 dinars..." [Post 1 of 2....stay tuned]
4-15-2023 Intel Guru MarkZ [via PDK] Breaking News! 2nd budgeting reading tomorrow in Iraq! Article: “The House of Representatives will hold a session tomorrow, Sunday, for the second reading of the budget bill.” ...they are done…just simply watching them play out. This is BIG news guys. Everybody had been concerned that this was put off until after Ramadan.
4-15-2023 Newshound Guru Henig Article: "In preparation for holding her accountable. Central Bank: Recording a list of complexes and companies that are not committed to the exchange rate" Quote: "The Central Bank issued three circulars obliging the owners of residential complexes and companies at the official dollar rate and pricing in Iraqi dinars...we sent the list to the Investment Authority to hold it accountable...all providers of services and goods inside Iraq must adhere to the official exchange rate and be dealing in local currency,"
4-15-2023 Newshound Guru Militia Man If you looked at the pictures in the public eye between Brian Nelson [US Department of the Treasury] and the Central Bank Governor - both those guys are grinning like Cheshire cats. It's pretty big. [From the Iraqi Central Bank delegation meeting in Washington D.C]
4-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It's been a massive campaign. Day after day all they do is talk to us. They talking about how private sector will be growing with a boom and also how the dinar is stronger than the American dollar and to only use the dinar not the dollar. FRANK: ...That's a powerful statement from those that you are supposed to only listen to. The CBI just told you the Iraqi dinar is more powerful than the American dollar? On what planet? They are trying to tell you that you have a new exchange rate on your new national currency. Congratulation son!
4-15-2023 Newshound Guru Sandy Ingram Article: "Iraqi delegation meets with IMF, World Bank officials in Washington". The World Bank and the IMF! Quote: "...Iraqi delegation included the CBI's governor...and the Iraqi Minister of Finance..." This meeting did not make headlines but was tried in the news feed from two days ago. Not sure if this meeting really has to do with the existing exchange rate or future proposals. All I can say for sure is something is going on.
4-15-2023 Intel Guru MarkZ [via PDK] Member Comment: I was told Iraq banks will be open all weekend. MarkZ: Yes… I have heard that too. Even with it being Ramadan...that is very unusual. They are usually closed Fridays and Saturdays and reopen on Sundays.
4-15-2023 Intel Guru Bruce [via WiserNow] ...we're getting pretty good information about what happened here...with delegations from Iraq that were here and negotiating with some of our key people...they were able to finalize negotiations on the Iraqi dinar that we will see on our bank screens, including the one that is considered the contract rate...By the way, they [the rates] are very good...There is NO contract rate on the dong...But if that rate I heard is still there...when we go in, it’s going to blow us away...
4-15-2023 Intel Guru MarkZ [via PDK] “Central Bank: There is harmony between the Iraqi government and the bank in the process of reforming the banking sector.” When they say “the bank” they are referring to the World Bank , UN, IMF. There are multiple articles out about the meetings . This to me is huge. They are running all these articles to give confidence to the dinar before the reinstatement. A lot is occurring in Iraq and it is exciting.
4-15-2023 Newshound Guru Militia Man Al-Bawi says it's likely the dinar will recover from its fall to the dollar with that approaching budget. The expectation is with what they're doing, the dollar is going to be bye-bye - it's going to go away...because they're removing the dollar from internal usage. That means they're telling everybody all goods and services have to be in dinar.
4-15-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-15-2023 Intel Guru Frank26 Article " Iraq revives its tea plantation in Vietnam and discusses its development" THE IQD & THE VND ARE INTERESTING.
4-15-2023 Newshound Guru Pimpy That's worse than where the dinar is today. "But this past week a dollar was fetching just 750 to 1100 dinars per dollar..." You're looking at a 62% increase. I don't know about you but I wouldn't mind the value of the dinar increasing up to 750 dinars than where we are right now. That'd be really nice. Still not where we want it to be but definitely a lot better than where it is and where it was...the number we want to continue to decrease is the amount of dinars per dollar...I'm telling you we're going to see articles like this pretty soon. [Post 2 of 2]
4-15-2023 Newshound Guru Pimpy I came across this older article about the Iraqi dinar... Article: "Saddam winning out over dollar" Quote: "The Iraqi dinars bearing the former dictator's image soars in value against a dollar in recent days." You might see these same headlines here shortly. This is from May 22, 2003. Quote: "Is a currency posting the biggest gains against a dollar in recent weeks isn't the Euro or the Yen, it's the Iraqi dinar...Baghdad says the dinar's value is soaring reversing a slide that had accelerated during the war. The Baltimore Sun reported that 2 weeks ago $1 could buy 2,000 dinars..." [Post 1 of 2....stay tuned]
4-15-2023 Intel Guru MarkZ [via PDK] Breaking News! 2nd budgeting reading tomorrow in Iraq! Article: “The House of Representatives will hold a session tomorrow, Sunday, for the second reading of the budget bill.” ...they are done…just simply watching them play out. This is BIG news guys. Everybody had been concerned that this was put off until after Ramadan.
4-15-2023 Newshound Guru Henig Article: "In preparation for holding her accountable. Central Bank: Recording a list of complexes and companies that are not committed to the exchange rate" Quote: "The Central Bank issued three circulars obliging the owners of residential complexes and companies at the official dollar rate and pricing in Iraqi dinars...we sent the list to the Investment Authority to hold it accountable...all providers of services and goods inside Iraq must adhere to the official exchange rate and be dealing in local currency,"
4-15-2023 Newshound Guru Militia Man If you looked at the pictures in the public eye between Brian Nelson [US Department of the Treasury] and the Central Bank Governor - both those guys are grinning like Cheshire cats. It's pretty big. [From the Iraqi Central Bank delegation meeting in Washington D.C]
4-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It's been a massive campaign. Day after day all they do is talk to us. They talking about how private sector will be growing with a boom and also how the dinar is stronger than the American dollar and to only use the dinar not the dollar. FRANK: ...That's a powerful statement from those that you are supposed to only listen to. The CBI just told you the Iraqi dinar is more powerful than the American dollar? On what planet? They are trying to tell you that you have a new exchange rate on your new national currency. Congratulation son!
4-15-2023 Newshound Guru Sandy Ingram Article: "Iraqi delegation meets with IMF, World Bank officials in Washington". The World Bank and the IMF! Quote: "...Iraqi delegation included the CBI's governor...and the Iraqi Minister of Finance..." This meeting did not make headlines but was tried in the news feed from two days ago. Not sure if this meeting really has to do with the existing exchange rate or future proposals. All I can say for sure is something is going on.
4-15-2023 Intel Guru MarkZ [via PDK] Member Comment: I was told Iraq banks will be open all weekend. MarkZ: Yes… I have heard that too. Even with it being Ramadan...that is very unusual. They are usually closed Fridays and Saturdays and reopen on Sundays.
4-15-2023 Intel Guru Bruce [via WiserNow] ...we're getting pretty good information about what happened here...with delegations from Iraq that were here and negotiating with some of our key people...they were able to finalize negotiations on the Iraqi dinar that we will see on our bank screens, including the one that is considered the contract rate...By the way, they [the rates] are very good...There is NO contract rate on the dong...But if that rate I heard is still there...when we go in, it’s going to blow us away...
4-14-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
4-14-2023 Intel Guru Frank26 There is no such thing as an '800#' except an 800 number for the United States Treasury. They can tell you what banks they're going to be exchanging at... 'Hey come with me because I got an 800#. It's the only number where you can exchange.' That's a lie. That's a flat out lie. You want an 800# give me your credit card, turn it around. See that 800#? That's the 800# for your bank.
4-14-2023 Newshound Guru Sandy Ingram We have positive news that we like to hear. The governor of the Central Bank of Iraq receives the Regional President of the Visa corporation...during the same week the governor of the CBI received a delegation from the World Bank...there are a lot of high level meetings happening behind the scenes...
4-14-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-14-2023 Intel Guru MarkZ [via PDK] Member Comment: I hear Iraq is on “high alert” for a sudden change in value. MarkZ: We don’t know exactly when…but we know it is coming and they are on notice...There is still a lot of chatter about things moving at the end of the week (next week?) I think we are going to see a very quiet weekend and a very busy week next week on the news front... I don’t remember ever being this content and relaxed as to how close we are...
4-14-2023 Newshound Guru Pimpy You've got 3 major companies trying to come into Iraq. Article: "It owns Apple, Google, and Amazon data centers. Iraq receives an offer from a major international company"
4-14-2023 Intel Guru Bruce [via WiserNow] Iraq has opened their budget...They already started paying out their military, their contractors and their public works people...they started paying those three groups out yesterday in newly revalued Iraqi dinar. That's a big deal...According to our Iraqi sources, Iraq is opening their banks...on their holy day – Friday...So why would they be doing this? I understand that they're bringing in a new rate for the dinar in country – not for us – but in country...A new higher rate.
4-14-2023 Intel Guru MarkZ [via PDK] Article: “Syria’s Assad returns to Arab fold after years of Isolation” Why is this one important? We were told before Iraq RV’d we would see peace break out in the middle east. And for the most part it has. Now even in Syria we have peace.
4-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Trade Bank of Iraq is doing a campaign blitz on television today saying all their transactions will be done through electronic platforms and through their ATMs. They also emphasize strongly that the ATMs will only have dinars in them from this point onward in accord with Iraq's new national currency...
4-14-2023 Newshound/Intel Guru Walkingstick [via Frank26] It's absolutely no secret...there are no secrets of the monetary reform any longer. It's all being laid out step by step exactly as the sequential effects need to be presented to the citizens in order for them to be successful with them. They have to tell and explain and educate the Iraqi citizens with every detail of the monetary reform and that is a process that is occurring right now because it must not fail at this juncture with the citizens.
4-14-2023 Newshound Guru Militia Man The Iraqi Trade Bank decides to adopt the dinar only in its electronic financial transactions. I would have to say that's pretty big because one of the key components that is a requirement of the IMF is to cease multi-currency practices and here you have a state bank, the Iraqi Trade Bank decide to adopt the dinar. Therefore it's starting to look like they're getting ready to only use the dinar and that bodes well for us...everybody should be really pretty pumped up and happy...
4-14-2023 Intel Guru MarkZ [via PDK] I don’t know if this is our weekend but there is an excellent chance this is our weekend. There is a tremendous amount of chatter that it is. We are right on it…that I do not doubt...None of my sources are telling me June or 2024. I was already told that misinformation was going to be thrown out there...We know its coming…we know it’s happening.
4-14-2023 Intel Guru Frank26 Article: "Governor of the Bank: Iraq is on alert to control the exchange rate of the dinar" THE CBI GOV PUTS THE IRAQI CITIZENS ON HIGH ALERT FOR AN ANNOUNCEMENT OF A NEW EXCHANGE RATE!
4-14-2023 Guru Nader From The Mid East Article: "The governor of the Central Bank of Iraq, Ali Al-Alaq confirmed on Thursday that Iraq is on alert to control the dinar exchange rate..."
4-14-2023 Newshound/Intel Guru Mnt Goat ...I am going out on a limb to say that by June 2023 we could see this reinstatement of the dinar. I am...using ...solid FACTUAL data from the articles. Article quote: “The Governor of the Central Bank of Iraq Ali Al-Alaq, on Thursday, that Iraq is on alert to adjust the exchange rate of the dinar” ...He is talking about the stabilization of the program rate first with the help of the US Treasury, then the reinstatement with the help of the IMF and World Bank... Folks, it can’t get any better!!
4-14-2023 Intel Guru Frank26 There is no such thing as an '800#' except an 800 number for the United States Treasury. They can tell you what banks they're going to be exchanging at... 'Hey come with me because I got an 800#. It's the only number where you can exchange.' That's a lie. That's a flat out lie. You want an 800# give me your credit card, turn it around. See that 800#? That's the 800# for your bank.
4-14-2023 Newshound Guru Sandy Ingram We have positive news that we like to hear. The governor of the Central Bank of Iraq receives the Regional President of the Visa corporation...during the same week the governor of the CBI received a delegation from the World Bank...there are a lot of high level meetings happening behind the scenes...
4-14-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-14-2023 Intel Guru MarkZ [via PDK] Member Comment: I hear Iraq is on “high alert” for a sudden change in value. MarkZ: We don’t know exactly when…but we know it is coming and they are on notice...There is still a lot of chatter about things moving at the end of the week (next week?) I think we are going to see a very quiet weekend and a very busy week next week on the news front... I don’t remember ever being this content and relaxed as to how close we are...
4-14-2023 Newshound Guru Pimpy You've got 3 major companies trying to come into Iraq. Article: "It owns Apple, Google, and Amazon data centers. Iraq receives an offer from a major international company"
4-14-2023 Intel Guru Bruce [via WiserNow] Iraq has opened their budget...They already started paying out their military, their contractors and their public works people...they started paying those three groups out yesterday in newly revalued Iraqi dinar. That's a big deal...According to our Iraqi sources, Iraq is opening their banks...on their holy day – Friday...So why would they be doing this? I understand that they're bringing in a new rate for the dinar in country – not for us – but in country...A new higher rate.
4-14-2023 Intel Guru MarkZ [via PDK] Article: “Syria’s Assad returns to Arab fold after years of Isolation” Why is this one important? We were told before Iraq RV’d we would see peace break out in the middle east. And for the most part it has. Now even in Syria we have peace.
4-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Trade Bank of Iraq is doing a campaign blitz on television today saying all their transactions will be done through electronic platforms and through their ATMs. They also emphasize strongly that the ATMs will only have dinars in them from this point onward in accord with Iraq's new national currency...
4-14-2023 Newshound/Intel Guru Walkingstick [via Frank26] It's absolutely no secret...there are no secrets of the monetary reform any longer. It's all being laid out step by step exactly as the sequential effects need to be presented to the citizens in order for them to be successful with them. They have to tell and explain and educate the Iraqi citizens with every detail of the monetary reform and that is a process that is occurring right now because it must not fail at this juncture with the citizens.
4-14-2023 Newshound Guru Militia Man The Iraqi Trade Bank decides to adopt the dinar only in its electronic financial transactions. I would have to say that's pretty big because one of the key components that is a requirement of the IMF is to cease multi-currency practices and here you have a state bank, the Iraqi Trade Bank decide to adopt the dinar. Therefore it's starting to look like they're getting ready to only use the dinar and that bodes well for us...everybody should be really pretty pumped up and happy...
4-14-2023 Intel Guru MarkZ [via PDK] I don’t know if this is our weekend but there is an excellent chance this is our weekend. There is a tremendous amount of chatter that it is. We are right on it…that I do not doubt...None of my sources are telling me June or 2024. I was already told that misinformation was going to be thrown out there...We know its coming…we know it’s happening.
4-14-2023 Intel Guru Frank26 Article: "Governor of the Bank: Iraq is on alert to control the exchange rate of the dinar" THE CBI GOV PUTS THE IRAQI CITIZENS ON HIGH ALERT FOR AN ANNOUNCEMENT OF A NEW EXCHANGE RATE!
4-14-2023 Guru Nader From The Mid East Article: "The governor of the Central Bank of Iraq, Ali Al-Alaq confirmed on Thursday that Iraq is on alert to control the dinar exchange rate..."
4-14-2023 Newshound/Intel Guru Mnt Goat ...I am going out on a limb to say that by June 2023 we could see this reinstatement of the dinar. I am...using ...solid FACTUAL data from the articles. Article quote: “The Governor of the Central Bank of Iraq Ali Al-Alaq, on Thursday, that Iraq is on alert to adjust the exchange rate of the dinar” ...He is talking about the stabilization of the program rate first with the help of the US Treasury, then the reinstatement with the help of the IMF and World Bank... Folks, it can’t get any better!!
4-13-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
4-13-2023 Intel Guru Frank26 Question: "Does 25% seem about right for taxes?" No. I take it up to 40% and then you can give yourself a refund! [NOTE: Consult your tax professionals to determine the right amount money to withhold for taxes for your unique circumstances.]
4-13-2023 Newshound Guru Clare Article: "The US Treasury announces its readiness to assist the Iraqi Central Bank in stabilizing the exchange rate" Quote: "The US Treasury Department showed, on Wednesday, "great flexibility and willingness" to assist the Central Bank of Iraq in achieving stability in the exchange rate of the dollar against the dinar."
4-13-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-13-2023 Newshound/Intel Guru Walkingstick [via Frank26] The goal of what they're doing right now is to establish security and stability for the exchange rate for the national currency. There are many mechanisms to bring stability to the IQD. One is to change the exchange rate against the dollar. As you can see that's exactly what they're doing...
4-13-2023 Newshound Guru Militia Man We had some really awesome news...the Finance Minister and the Central Bank of Iraq they're in Washington and they're having meetings...with the IMF, World Bank... One of their topics...is the stability of the exchange rate of the Iraqi dinar... Very telling signs. We're in a very very good place. Obviously if they're talking about the exchange rate stability of the Iraqi dinar we're probably pretty sure we're not talking about the official rate of 1310 because...they didn't do it at 1166, 1182, 1190 or 1460. So why in the world would they be having meetings at this level at this time for an exchange rate to be stabilized at 1310? It doesn't make any sense.
4-13-2023 Newshound Guru Pimpy It looks like the parallel rates between the market and the official exchange rate for the dinar is pretty much equal. This is a great sign.
4-13-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The United States of America has their Treasury Department saying in our news that they are ready to help Iraq stabilize the exchange rate and we hear on our Iraqi Channel 1 NewsTV that there are many new deals with the IMF and the World Bank on helping us with our economic reforms. A lot going on on the news today about reforms and the IMF and the World Bank and the U.S. Treasury. FRANK: They're all going to be having a big pow-wow...
4-13-2023 Guru Nader From The Mid East You have to look for...a repricing. When you see your repricing you see the exchange rate...If you see them coming repricing things in Iraq, one hour, two hour...before that they make the decision with the exchange rate. This is what we have to look for repricing in Iraq. For now everything cost 20 numbers you have to look for small numbers - the big numbers to smaller numbers that's what we're looking for...repricing is very important.
4-13-2023 Intel Guru MarkZ [via PDK] Follow the fundamentals …The dinar had value…It was devalued…it will get the value back...If they were not going to change the value appreciably …they would have reprinted bills a long time ago that did not have the zeros on it. They would have already done that if they did not intend to revalue or reinstate their currency value...Most of my contacts on the street including contractors …are looking for it to be a re-instatement …which to me is awesome. With inflation that should put the rate over $4 bucks? ...Iraq is going to be a regional powerhouse...I may be totally wrong but I believe with everything going on that next week is going to be our week.
4-13-2023 Intel Guru Frank26 Article: "The Iraqi Trade Bank decides to adopt the dinar "only" in its electronic financial transactions" THE CBI STERILIZES IRAQ OF ALL FOREIGN CURRENCIES IN PREPARATION OF THE INTRODUCTION OF THEIR NEW NATIONAL CURRENCY! THE NSCN's IS THE NEW NATIONAL CURRENCY OF IRAQ!
4-13-2023 Newshound Guru Clare Article: "The Iraqi Trade Bank decides to adopt the dinar "only" in its electronic financial transactions" Quote: "it was decided to cancel the dollar currency from ATMs, and also to adopt the national currency in all electronic financial services."
4-13-2023 Guest Guru CANDYKISSES Article: "Bank Governor: Iraq is on alert to adjust the exchange rate of the dinar" Quote: "The US Treasury Department showed "great flexibility and readiness" to help the Central Bank of Iraq stabilize the exchange rate of the dollar against the dinar."
4-13-2023 Intel Guru Frank26 Question: "Does 25% seem about right for taxes?" No. I take it up to 40% and then you can give yourself a refund! [NOTE: Consult your tax professionals to determine the right amount money to withhold for taxes for your unique circumstances.]
4-13-2023 Newshound Guru Clare Article: "The US Treasury announces its readiness to assist the Iraqi Central Bank in stabilizing the exchange rate" Quote: "The US Treasury Department showed, on Wednesday, "great flexibility and willingness" to assist the Central Bank of Iraq in achieving stability in the exchange rate of the dollar against the dinar."
4-13-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-13-2023 Newshound/Intel Guru Walkingstick [via Frank26] The goal of what they're doing right now is to establish security and stability for the exchange rate for the national currency. There are many mechanisms to bring stability to the IQD. One is to change the exchange rate against the dollar. As you can see that's exactly what they're doing...
4-13-2023 Newshound Guru Militia Man We had some really awesome news...the Finance Minister and the Central Bank of Iraq they're in Washington and they're having meetings...with the IMF, World Bank... One of their topics...is the stability of the exchange rate of the Iraqi dinar... Very telling signs. We're in a very very good place. Obviously if they're talking about the exchange rate stability of the Iraqi dinar we're probably pretty sure we're not talking about the official rate of 1310 because...they didn't do it at 1166, 1182, 1190 or 1460. So why in the world would they be having meetings at this level at this time for an exchange rate to be stabilized at 1310? It doesn't make any sense.
4-13-2023 Newshound Guru Pimpy It looks like the parallel rates between the market and the official exchange rate for the dinar is pretty much equal. This is a great sign.
4-13-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The United States of America has their Treasury Department saying in our news that they are ready to help Iraq stabilize the exchange rate and we hear on our Iraqi Channel 1 NewsTV that there are many new deals with the IMF and the World Bank on helping us with our economic reforms. A lot going on on the news today about reforms and the IMF and the World Bank and the U.S. Treasury. FRANK: They're all going to be having a big pow-wow...
4-13-2023 Guru Nader From The Mid East You have to look for...a repricing. When you see your repricing you see the exchange rate...If you see them coming repricing things in Iraq, one hour, two hour...before that they make the decision with the exchange rate. This is what we have to look for repricing in Iraq. For now everything cost 20 numbers you have to look for small numbers - the big numbers to smaller numbers that's what we're looking for...repricing is very important.
4-13-2023 Intel Guru MarkZ [via PDK] Follow the fundamentals …The dinar had value…It was devalued…it will get the value back...If they were not going to change the value appreciably …they would have reprinted bills a long time ago that did not have the zeros on it. They would have already done that if they did not intend to revalue or reinstate their currency value...Most of my contacts on the street including contractors …are looking for it to be a re-instatement …which to me is awesome. With inflation that should put the rate over $4 bucks? ...Iraq is going to be a regional powerhouse...I may be totally wrong but I believe with everything going on that next week is going to be our week.
4-13-2023 Intel Guru Frank26 Article: "The Iraqi Trade Bank decides to adopt the dinar "only" in its electronic financial transactions" THE CBI STERILIZES IRAQ OF ALL FOREIGN CURRENCIES IN PREPARATION OF THE INTRODUCTION OF THEIR NEW NATIONAL CURRENCY! THE NSCN's IS THE NEW NATIONAL CURRENCY OF IRAQ!
4-13-2023 Newshound Guru Clare Article: "The Iraqi Trade Bank decides to adopt the dinar "only" in its electronic financial transactions" Quote: "it was decided to cancel the dollar currency from ATMs, and also to adopt the national currency in all electronic financial services."
4-13-2023 Guest Guru CANDYKISSES Article: "Bank Governor: Iraq is on alert to adjust the exchange rate of the dinar" Quote: "The US Treasury Department showed "great flexibility and readiness" to help the Central Bank of Iraq stabilize the exchange rate of the dollar against the dinar."
4-12-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
4-12-2023 Intel Guru MarkZ [via PDK] The most excitement I’ve seen today is from west coast bankers…. They believe everything is done in Iraq. And that we will see the new rate very soon. The bankers think we may see it over the weekend.
4-12-2023 Newshound Guru Pimpy We will continue to pay attention to the market. We'll continue to monitor the dollar drop against the Iraqi dinar. But be prepared for the Biden Administration to pull another trick out of their sleeve, either by using their Fed or other means to try to make the US dollar look strong and powerful and to stop the decline of its purchasing power so they could look good right in time for elections.
4-12-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-12-2023 Intel Guru Frank26 If you've got a small amount of Iraqi dinar it's easy to consider when to exchange your currency because you've just got a small amount. If you've got a large amount you can afford to do calculations of when to hold'm and when to fold'm.
4-12-2023 Newshound Guru Clare Article "The Sudanese advisor comments on the continued decline in the "parallel" price of the dollar" Quote "The decline in the exchange rate of the dollar in the parallel market and its start to converge towards the official exchange rate is mainly due to the success of the monetary policy of the Central Bank of Iraq...At the same time, it is supported by large foreign currency reserves, which are the highest in the country's financial history. All of these factors are gradually shrinking the gap between the two prices,"
4-12-2023 Newshound/Intel Guru Walkingstick [via Frank26] They are telling you what they are doing with the monetary reform. In order to teach that they are keeping the 5k notes, tells us that the 50, 100K will also go away too. It's all going in the right direction. The monetary reform this week got very loud, very clear and closer to the end. The exchange rate is going in the right direction...
4-12-2023 Intel Guru MarkZ [via PDK] This is a big one… ”The Iraqi Trade Bank decides to adopt the dinar "only" in its electronic financial transactions” De-Dollarization. This is big.
4-12-2023 Newshound/Intel Guru Breitling You don't need as much oil as you did back in the day. Everything is becoming more and more and more efficient. They see that trend. That's why Iraq doesn't want to be in that $0.30 range and depend on energy. They need a currency that supports the foundation for their energy markets and they also need a currency that can help them invest in completely different sectors so they can diversify. That's why they want it way above the $0.30 average that everybody else has in that region...they want to go a lot higher than that...my strategy is up to a buck. Beyond that I don't know.
4-12-2023 Intel Guru Frank26 You're going to see another rate change just before they get to the 1 to 1. One to one is the mirror effect they are educating you about right now. And then it enters the float at an international level. Remember, Iraq will become a currency central hub...
4-12-2023 Guru Nader From The Mid East All we need is 1000 to 1. If we were 1000 to 1 believe me a week later we'll be 1 to 1. So wait for 1000 to 1. It's coming soon.
4-12-2023 Intel Guru MarkZ [via PDK] Expectations are HUGE for today, tomorrow and Friday. I was hoping we would have seen factual movement of money by this morning… So far it is just chatter…but that chatter has gotten enormous. I have seen a lot of positive banking stories…from tellers and bank personnel telling you that there is something massive coming and our currencies are going to be worth a lot!! It sounds really good but still waiting for somebody to have money. The news however, has been overwhelmingly positive. We need to stay grounded and see what happens today.
4-12-2023 Newshound Guru Pimpy Article: "Sudan Advisor: Central Bank succeeded in Increasing the strength of the dinar and began to approach the parallel price" This is good news. We like for them to continue to strengthen the dinar...this is awesome news. That what you want to hear. Let's hope Iraq continues to do exactly that - strengthen the Iraqi dinar.
4-12-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Today we hear they are working on the monetary items to improve our exchange rate. This is getting exciting. Everyday they're giving us more and more information. It's pretty obvious of what's about to happen. Now they are telling us the exchange rate is moving from 1460 to 1132. FRANK: ...don't worry about the exchange rate...The program rate is reducing down to 1130. None of that matters. What matters is the Iraqi dinar is being mirrored to the USD, de-pegged and put into an international basket...it will launch the Iraqi dinar into a brand new stratosphere...
4-12-2023 Newshound/Intel Guru Mnt Goat The financial advisor to the Prime Minister, Mazhar Muhammad Salih commented, on Sunday, on the continued decline in the exchange rate of the dollar in the parallel market...The first step is for the parallel rate to match the CBI rate of 1132...we don’t know, and even the CBI does not know, how long this change will take...Saleh also stated that at the same time, the rate of the dinar is supported by large foreign currency reserves, which are the highest in the country’s financial history. All of these factors are gradually shrinking the gap between the two prices...
4-12-2023 Intel Guru MarkZ [via PDK] The most excitement I’ve seen today is from west coast bankers…. They believe everything is done in Iraq. And that we will see the new rate very soon. The bankers think we may see it over the weekend.
4-12-2023 Newshound Guru Pimpy We will continue to pay attention to the market. We'll continue to monitor the dollar drop against the Iraqi dinar. But be prepared for the Biden Administration to pull another trick out of their sleeve, either by using their Fed or other means to try to make the US dollar look strong and powerful and to stop the decline of its purchasing power so they could look good right in time for elections.
4-12-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-12-2023 Intel Guru Frank26 If you've got a small amount of Iraqi dinar it's easy to consider when to exchange your currency because you've just got a small amount. If you've got a large amount you can afford to do calculations of when to hold'm and when to fold'm.
4-12-2023 Newshound Guru Clare Article "The Sudanese advisor comments on the continued decline in the "parallel" price of the dollar" Quote "The decline in the exchange rate of the dollar in the parallel market and its start to converge towards the official exchange rate is mainly due to the success of the monetary policy of the Central Bank of Iraq...At the same time, it is supported by large foreign currency reserves, which are the highest in the country's financial history. All of these factors are gradually shrinking the gap between the two prices,"
4-12-2023 Newshound/Intel Guru Walkingstick [via Frank26] They are telling you what they are doing with the monetary reform. In order to teach that they are keeping the 5k notes, tells us that the 50, 100K will also go away too. It's all going in the right direction. The monetary reform this week got very loud, very clear and closer to the end. The exchange rate is going in the right direction...
4-12-2023 Intel Guru MarkZ [via PDK] This is a big one… ”The Iraqi Trade Bank decides to adopt the dinar "only" in its electronic financial transactions” De-Dollarization. This is big.
4-12-2023 Newshound/Intel Guru Breitling You don't need as much oil as you did back in the day. Everything is becoming more and more and more efficient. They see that trend. That's why Iraq doesn't want to be in that $0.30 range and depend on energy. They need a currency that supports the foundation for their energy markets and they also need a currency that can help them invest in completely different sectors so they can diversify. That's why they want it way above the $0.30 average that everybody else has in that region...they want to go a lot higher than that...my strategy is up to a buck. Beyond that I don't know.
4-12-2023 Intel Guru Frank26 You're going to see another rate change just before they get to the 1 to 1. One to one is the mirror effect they are educating you about right now. And then it enters the float at an international level. Remember, Iraq will become a currency central hub...
4-12-2023 Guru Nader From The Mid East All we need is 1000 to 1. If we were 1000 to 1 believe me a week later we'll be 1 to 1. So wait for 1000 to 1. It's coming soon.
4-12-2023 Intel Guru MarkZ [via PDK] Expectations are HUGE for today, tomorrow and Friday. I was hoping we would have seen factual movement of money by this morning… So far it is just chatter…but that chatter has gotten enormous. I have seen a lot of positive banking stories…from tellers and bank personnel telling you that there is something massive coming and our currencies are going to be worth a lot!! It sounds really good but still waiting for somebody to have money. The news however, has been overwhelmingly positive. We need to stay grounded and see what happens today.
4-12-2023 Newshound Guru Pimpy Article: "Sudan Advisor: Central Bank succeeded in Increasing the strength of the dinar and began to approach the parallel price" This is good news. We like for them to continue to strengthen the dinar...this is awesome news. That what you want to hear. Let's hope Iraq continues to do exactly that - strengthen the Iraqi dinar.
4-12-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Today we hear they are working on the monetary items to improve our exchange rate. This is getting exciting. Everyday they're giving us more and more information. It's pretty obvious of what's about to happen. Now they are telling us the exchange rate is moving from 1460 to 1132. FRANK: ...don't worry about the exchange rate...The program rate is reducing down to 1130. None of that matters. What matters is the Iraqi dinar is being mirrored to the USD, de-pegged and put into an international basket...it will launch the Iraqi dinar into a brand new stratosphere...
4-12-2023 Newshound/Intel Guru Mnt Goat The financial advisor to the Prime Minister, Mazhar Muhammad Salih commented, on Sunday, on the continued decline in the exchange rate of the dollar in the parallel market...The first step is for the parallel rate to match the CBI rate of 1132...we don’t know, and even the CBI does not know, how long this change will take...Saleh also stated that at the same time, the rate of the dinar is supported by large foreign currency reserves, which are the highest in the country’s financial history. All of these factors are gradually shrinking the gap between the two prices...
4-11-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
4-11-2023 Newshound/Intel Guru Walkingstick [via Frank26] This coming Thursday you're going to be learning about a very large meeting. All hands on deck meeting. This Thursday the CBI will be talking to its bank managers/structure. They will be giving them instructions on credit cards they will be passing out, the ATMs on where they are and how to use them and the new small category notes. This is a meeting they're having this coming Thursday...
4-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is already doing campaigns telling everyone only pay attention to what is on our site and not to listen to any other sources about banking issue...They are telling us only to watch the CBI for true information on changes. FRANK: The CBI is focusing in on the announcement...They want to make perfectly clear to any idiot that has a different opinion to keep their mouth shut...IMO they are about to make an announcement of a new national currency, with a new exchange rate...and possibly the procedure on the float of the Iraqi dinar internationally...this is the last phase.
4-11-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-11-2023 Intel Guru MarkZ [via PDK] I have a lot of excited people calling me …but we have not seen the money move yet... There is a heck of a lot of emphasis right now on the next 3 days...The number of people excited right now is exciting…just stay grounded. I know we are close...We know based on what Iraq is telling us that we are extremely close.
4-11-2023 Guru Nader From The Mid East This week you're gonna see a lot of changes on the dinar side. You're gonna see dinar up. It's going to start to float. When it starts to float you're gonna see it going to 1 to 1,000. When you see 1000 to 1 you're gonna see people talk about about the 3-zeros - How we delete the 3-zeros. They have to delete the 3-zeros first and that's going to happen soon.
4-11-2023 Guest Guru Deepwoodz Article: "Trump: The dollar will collapse and it will be the biggest loss for America" I like this statement from Trump and the fact that Iraq is taking notice. Dollars need to be taboo to the citizens of Iraq. They need to let it go once and for all and never look back. Unless of course they want to travel to America. Articles of late show that the world is pulling back from the dollar...For now I like a weak dollar if that transmits into a stronger dinar. We should want as many dollars as we can get for our dinar. No lottery winners, only smart investors.
4-11-2023 Newshound Guru Militia Man Back in February they changed the exchange rate from 1450 to 1310...when they did that Al Sudani warned people, 'Hey, your dinar are going to be stronger.' But he wasn't specific ...In a previous statement Al-Sudani said...quote "We reassure the citizens not to acquire the dollar because the dinar is strongest." And then this weekend we see videos of marketplaces. We see the parallel market decreasing which means the Iraqi dinar is increasing...it looks like what we're seeing on public media is they're out using their dollars to buy dinar...The expectation is there will be significant change in the future in the dinar and it will be stronger than the dollar. That's my words...what I feel is the description of what was said by Al-Sudani today. Everything looks really really pretty spectacular...they have massive inroads of progress.
4-11-2023 Intel Guru Frank26 If you've got the dollar going down in value inside Iraq automatically the dinar goes up in value. That's all there is to it.
4-11-2023 Newshound Guru Clare Article: "Trump: The dollar will collapse and it will be the biggest loss for America" Quote: "Former US President Donald Trump said, Our currency is collapsing and soon it will no longer be the world's reserve currency and it will be our biggest loss in 200 years" [Reference Guru Pimpy's Post Below]
4-11-2023 Intel Guru MarkZ [via PDK] The disinformation is very strong right now. They are trying to cloud everything. You can continue to ride the roller coaster or watch it all happen...the question of course is “What’s the timing?” There is an enormous amount of attention being paid by people here in the states and some European contacts and Asian contacts to Wed thru Fri of this week. We will see if it materializes. We are paying close attention to the 12th, 13th and 14th.
4-11-2023 Newshound/Intel Guru Walkingstick [via Frank26] We knew some of the 3-zero notes would coexist. Now they're talking about one note of the 3-zero notes that are out there. The 5K is going to be used for internal usage only. Here in the US we have a $1000...but they don't use them anymore in circulation...The reason you don't see it is because it's used for internal usage in American banks...if the new small category notes were not coming out there would be no reason to tell them about the 5K note.
4-11-2023 Newshound Guru Pimpy A lot of you are asking me what does it mean about the dollar continuing to lose its value. As you can see the dinar continues to gain strength against the U.S. dollar...In addition to everything else that's going on in Iraq, also keep an eye on the value of the dollar. As it continues to drop, other currencies will rise up against it. I caught a lot of flack for that but as you can see what I was saying was accurate. This is going to allow the Iraqi dinar to continue to go up in increments...
4-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI today said...the 5000 note and how this will still be used. Wow...I asked my bank friend and he said...even after the project to delete the 3-zeros and we're given the new currency and the coins that the 5K note is still going to be used in the banking system...from one bank to another bank...it's not going to be for everyday usage of citizens of Iraq... FRANK: That's great news...because it's going to join the 50K and 100K for internal use...the monetary reform education is getting louder and more specific. They are preparing you so you can trade in your 3-zeros note for your new small category notes and coins...
4-11-2023 Newshound/Intel Guru Mnt Goat The CBI needs to get this parallel market to the CBI official rate of 1132. 147.750 is a good start down from 150.000. It’s moving finally and I think this recent move is do the retriction of selling dollars to street venders and citizens. They also cut back on how much you can take on your cards. Eventually the CBI will find the needed balance and the rate will drop to the needed 100.000 and away we go…
4-11-2023 Intel Guru MarkZ [via PDK] “A rapid decline in dollar prices in Baghdad and Erbil-and the stock market clarifies” Especially in the Kurdish region they are dumping US dollars and embracing their dinar. They know something is coming. Maybe they are looking for a serious change in value.
4-11-2023 Newshound/Intel Guru Walkingstick [via Frank26] This coming Thursday you're going to be learning about a very large meeting. All hands on deck meeting. This Thursday the CBI will be talking to its bank managers/structure. They will be giving them instructions on credit cards they will be passing out, the ATMs on where they are and how to use them and the new small category notes. This is a meeting they're having this coming Thursday...
4-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is already doing campaigns telling everyone only pay attention to what is on our site and not to listen to any other sources about banking issue...They are telling us only to watch the CBI for true information on changes. FRANK: The CBI is focusing in on the announcement...They want to make perfectly clear to any idiot that has a different opinion to keep their mouth shut...IMO they are about to make an announcement of a new national currency, with a new exchange rate...and possibly the procedure on the float of the Iraqi dinar internationally...this is the last phase.
4-11-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-11-2023 Intel Guru MarkZ [via PDK] I have a lot of excited people calling me …but we have not seen the money move yet... There is a heck of a lot of emphasis right now on the next 3 days...The number of people excited right now is exciting…just stay grounded. I know we are close...We know based on what Iraq is telling us that we are extremely close.
4-11-2023 Guru Nader From The Mid East This week you're gonna see a lot of changes on the dinar side. You're gonna see dinar up. It's going to start to float. When it starts to float you're gonna see it going to 1 to 1,000. When you see 1000 to 1 you're gonna see people talk about about the 3-zeros - How we delete the 3-zeros. They have to delete the 3-zeros first and that's going to happen soon.
4-11-2023 Guest Guru Deepwoodz Article: "Trump: The dollar will collapse and it will be the biggest loss for America" I like this statement from Trump and the fact that Iraq is taking notice. Dollars need to be taboo to the citizens of Iraq. They need to let it go once and for all and never look back. Unless of course they want to travel to America. Articles of late show that the world is pulling back from the dollar...For now I like a weak dollar if that transmits into a stronger dinar. We should want as many dollars as we can get for our dinar. No lottery winners, only smart investors.
4-11-2023 Newshound Guru Militia Man Back in February they changed the exchange rate from 1450 to 1310...when they did that Al Sudani warned people, 'Hey, your dinar are going to be stronger.' But he wasn't specific ...In a previous statement Al-Sudani said...quote "We reassure the citizens not to acquire the dollar because the dinar is strongest." And then this weekend we see videos of marketplaces. We see the parallel market decreasing which means the Iraqi dinar is increasing...it looks like what we're seeing on public media is they're out using their dollars to buy dinar...The expectation is there will be significant change in the future in the dinar and it will be stronger than the dollar. That's my words...what I feel is the description of what was said by Al-Sudani today. Everything looks really really pretty spectacular...they have massive inroads of progress.
4-11-2023 Intel Guru Frank26 If you've got the dollar going down in value inside Iraq automatically the dinar goes up in value. That's all there is to it.
4-11-2023 Newshound Guru Clare Article: "Trump: The dollar will collapse and it will be the biggest loss for America" Quote: "Former US President Donald Trump said, Our currency is collapsing and soon it will no longer be the world's reserve currency and it will be our biggest loss in 200 years" [Reference Guru Pimpy's Post Below]
4-11-2023 Intel Guru MarkZ [via PDK] The disinformation is very strong right now. They are trying to cloud everything. You can continue to ride the roller coaster or watch it all happen...the question of course is “What’s the timing?” There is an enormous amount of attention being paid by people here in the states and some European contacts and Asian contacts to Wed thru Fri of this week. We will see if it materializes. We are paying close attention to the 12th, 13th and 14th.
4-11-2023 Newshound/Intel Guru Walkingstick [via Frank26] We knew some of the 3-zero notes would coexist. Now they're talking about one note of the 3-zero notes that are out there. The 5K is going to be used for internal usage only. Here in the US we have a $1000...but they don't use them anymore in circulation...The reason you don't see it is because it's used for internal usage in American banks...if the new small category notes were not coming out there would be no reason to tell them about the 5K note.
4-11-2023 Newshound Guru Pimpy A lot of you are asking me what does it mean about the dollar continuing to lose its value. As you can see the dinar continues to gain strength against the U.S. dollar...In addition to everything else that's going on in Iraq, also keep an eye on the value of the dollar. As it continues to drop, other currencies will rise up against it. I caught a lot of flack for that but as you can see what I was saying was accurate. This is going to allow the Iraqi dinar to continue to go up in increments...
4-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI today said...the 5000 note and how this will still be used. Wow...I asked my bank friend and he said...even after the project to delete the 3-zeros and we're given the new currency and the coins that the 5K note is still going to be used in the banking system...from one bank to another bank...it's not going to be for everyday usage of citizens of Iraq... FRANK: That's great news...because it's going to join the 50K and 100K for internal use...the monetary reform education is getting louder and more specific. They are preparing you so you can trade in your 3-zeros note for your new small category notes and coins...
4-11-2023 Newshound/Intel Guru Mnt Goat The CBI needs to get this parallel market to the CBI official rate of 1132. 147.750 is a good start down from 150.000. It’s moving finally and I think this recent move is do the retriction of selling dollars to street venders and citizens. They also cut back on how much you can take on your cards. Eventually the CBI will find the needed balance and the rate will drop to the needed 100.000 and away we go…
4-11-2023 Intel Guru MarkZ [via PDK] “A rapid decline in dollar prices in Baghdad and Erbil-and the stock market clarifies” Especially in the Kurdish region they are dumping US dollars and embracing their dinar. They know something is coming. Maybe they are looking for a serious change in value.
4-10-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
4-10-2023 Intel Guru Frank26 Question: "Is there one thing that worries you about the monetary reform?" Yeah. That it's coming. I mean that sincerely...now that it's here on the doorsteps knocking on our door. They're soon to open that door and I'm concerned about how people are gong to react with this money...I'm worried about how this money is going to affect you.
4-10-2023 Newshound Guru Clare Article: "Iraq is on the way to achieving the second rank in the Arab world with the largest GDP growth in 2024" Quote: "the World Bank expected that Iraq would achieve the second rank in the Arab world, with the largest growth of gross domestic product, during the year 2024...Iraq's gross domestic product is expected to grow during the current year 2023 by 2.8%, after it achieved a growth during the year 2022 of 7.9%".
4-10-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-10-2023 Newshound Guru Militia Man 1132/1310 or whatever they tell you, [those rates] are not going to be international...improving the exchange rate of the dinar from 1460 to 1310 isn't really doing them any favors when it was 1190....So when they say, 'Monetary policy pursued by the Central Bank in its effort to improve the exchange rate of the Iraqi dinar,' it's got to mean something completely different...Article 8 compliance with the IMF is not at 1310. It doesn't fit...
4-10-2023 Intel Guru MarkZ [via PDK] ...A lot of smoke has been hitting today. They do not want anyone to guess the exact timing...they are floating later dates like May or June on purpose. They need to hide things now because they are on a short timeline to get things finished. Don’t get upset when you hear these kind of things today. They are throwing a lot of dates out there on purpose. My folks are still excited though …they are still hearing great things. I was even told to “not” reassure you people as much anymore…that want us to be uncertain of the timing right now…on purpose. But, I am especially encouraged after some calls and some back and forths today…I am going to leave it there.
4-10-2023 Newshound Guru Henig Article: "The Romanian Ambassador to Nina: Iraq is a traditional friend of ours. It will soon become one of the most important countries in the Middle East." Quote: "Iraq is located in a very active geopolitical region, and I think it will soon become one of the most important countries in the Middle East, and for the security of Romania and the European Union, it is crucial to have a politically stable and economically developed Iraq."
4-10-2023 Guest Guru Suzie Well we're a third of the way into April with this being the month to supposedly set to be shown the exchange rate and I'll go with that as things SEEM to be happening quickly, but if the end of April comes around and still no rate change or pictures of the nscn's, I may have doubts about their willingness to get this done as quickly as they report, just MY opinion.
4-10-2023 Newshound Guru Pimpy Article: "A rapid drop in dollar prices in Baghdad, Erbil and the stock exchange shows" The parallel exchange rate is dropping and getting closer to the official exchange rate...
4-10-2023 Guru Nader From The Mid East You should see how many people are changing their dollar to dinars. They're selling the dollar to dinars. This morning [Sunday] it was crazy in the stock market ...the market was at 1470 I think and everybody scared to lose their money so they changed the dollars to the dinar. This I was impressed with. They know something is going to happen. They know something is coming so they switching their dollars to the dinar. It's crazy guys.
4-10-2023 Intel Guru MarkZ [via PDK] On the RV side- you can hear a pin drop in most of the financial locations...all across the board. They are waiting quietly. ...We need to stay patient today.
4-10-2023 Newshound Guru Clare Article: "The dollar continues to decline in Baghdad and Erbil" Quote: "the central Al-Kifah and Al-Harithiya stock exchanges in Baghdad recorded, at 1:00 pm, 146,500 Iraqi dinars for 100 US dollars. While the prices this morning were 147,950 dinars for 100 dollars."
4-10-2023 Intel Guru Frank26 Article: "A rapid decline in dollar prices in Baghdad and Erbil, and the Stock Exchange explains." THE EXCHANGE RATE CHANGE OF THE IRAQI DINAR IS DYNAMIC RIGHT NOW, AS IT PREPARES TO FLOAT.
4-10-2023 Newshound/Intel Guru Mnt Goat Article: "Iraq new date (2023) 5,000-dinar note (B354c) confirmed" I thought Iraq was trying to get rid of these larger notes in the very near future with the project to delete the zeros? ...The fact is even after the project to delete the zeros is completed, this is one of the 3 zero notes that will be used for inter-banking transactions between countries who want to trade in hard currency transfers. These notes will not be in general circulation on the streets afterwards.
4-10-2023 Intel Guru Frank26 Question: "Is there one thing that worries you about the monetary reform?" Yeah. That it's coming. I mean that sincerely...now that it's here on the doorsteps knocking on our door. They're soon to open that door and I'm concerned about how people are gong to react with this money...I'm worried about how this money is going to affect you.
4-10-2023 Newshound Guru Clare Article: "Iraq is on the way to achieving the second rank in the Arab world with the largest GDP growth in 2024" Quote: "the World Bank expected that Iraq would achieve the second rank in the Arab world, with the largest growth of gross domestic product, during the year 2024...Iraq's gross domestic product is expected to grow during the current year 2023 by 2.8%, after it achieved a growth during the year 2022 of 7.9%".
4-10-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-10-2023 Newshound Guru Militia Man 1132/1310 or whatever they tell you, [those rates] are not going to be international...improving the exchange rate of the dinar from 1460 to 1310 isn't really doing them any favors when it was 1190....So when they say, 'Monetary policy pursued by the Central Bank in its effort to improve the exchange rate of the Iraqi dinar,' it's got to mean something completely different...Article 8 compliance with the IMF is not at 1310. It doesn't fit...
4-10-2023 Intel Guru MarkZ [via PDK] ...A lot of smoke has been hitting today. They do not want anyone to guess the exact timing...they are floating later dates like May or June on purpose. They need to hide things now because they are on a short timeline to get things finished. Don’t get upset when you hear these kind of things today. They are throwing a lot of dates out there on purpose. My folks are still excited though …they are still hearing great things. I was even told to “not” reassure you people as much anymore…that want us to be uncertain of the timing right now…on purpose. But, I am especially encouraged after some calls and some back and forths today…I am going to leave it there.
4-10-2023 Newshound Guru Henig Article: "The Romanian Ambassador to Nina: Iraq is a traditional friend of ours. It will soon become one of the most important countries in the Middle East." Quote: "Iraq is located in a very active geopolitical region, and I think it will soon become one of the most important countries in the Middle East, and for the security of Romania and the European Union, it is crucial to have a politically stable and economically developed Iraq."
4-10-2023 Guest Guru Suzie Well we're a third of the way into April with this being the month to supposedly set to be shown the exchange rate and I'll go with that as things SEEM to be happening quickly, but if the end of April comes around and still no rate change or pictures of the nscn's, I may have doubts about their willingness to get this done as quickly as they report, just MY opinion.
4-10-2023 Newshound Guru Pimpy Article: "A rapid drop in dollar prices in Baghdad, Erbil and the stock exchange shows" The parallel exchange rate is dropping and getting closer to the official exchange rate...
4-10-2023 Guru Nader From The Mid East You should see how many people are changing their dollar to dinars. They're selling the dollar to dinars. This morning [Sunday] it was crazy in the stock market ...the market was at 1470 I think and everybody scared to lose their money so they changed the dollars to the dinar. This I was impressed with. They know something is going to happen. They know something is coming so they switching their dollars to the dinar. It's crazy guys.
4-10-2023 Intel Guru MarkZ [via PDK] On the RV side- you can hear a pin drop in most of the financial locations...all across the board. They are waiting quietly. ...We need to stay patient today.
4-10-2023 Newshound Guru Clare Article: "The dollar continues to decline in Baghdad and Erbil" Quote: "the central Al-Kifah and Al-Harithiya stock exchanges in Baghdad recorded, at 1:00 pm, 146,500 Iraqi dinars for 100 US dollars. While the prices this morning were 147,950 dinars for 100 dollars."
4-10-2023 Intel Guru Frank26 Article: "A rapid decline in dollar prices in Baghdad and Erbil, and the Stock Exchange explains." THE EXCHANGE RATE CHANGE OF THE IRAQI DINAR IS DYNAMIC RIGHT NOW, AS IT PREPARES TO FLOAT.
4-10-2023 Newshound/Intel Guru Mnt Goat Article: "Iraq new date (2023) 5,000-dinar note (B354c) confirmed" I thought Iraq was trying to get rid of these larger notes in the very near future with the project to delete the zeros? ...The fact is even after the project to delete the zeros is completed, this is one of the 3 zero notes that will be used for inter-banking transactions between countries who want to trade in hard currency transfers. These notes will not be in general circulation on the streets afterwards.
4-9-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-9-2023 Intel Guru Frank26 Question: "What do you think the ceiling of the float could be?" IMO $4.25.
4-9-2023 Newshound Guru Militia Man The talk of exchange rate volatility between the parallel market and the official rate it's been in the news quite a bit. I think there is probably one fix for that and I think it's pretty obvious but they're not openly talking about it. I think that is an exchange rate change in a quantum leap way. Those are the words they are using. They're using 'speed'...'accelerated'...'accurate'... 'expedited'... 'quantum leap' ...it's an educational process so it's good that we see that kind of stuff.
4-9-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-9-2023 Newshound/Intel Guru Walkingstick [via Frank26] There are many articles that are coming out saying the official exchange rate of the Iraqi dinar right now is at 1132. Even though it's not posted doesn't mean it is not. They are using that rate. They don't want people profiting from the exchange rate anymore...they want a parallel exchange rate to match the official exchange rate. No more dual exchange rates...
4-9-2023 Newshound Guru Henig Article "Report: Dollar exchange rate drops in Iraq as Iran stops buying it on the black market" Quote "the Iranian authorities found themselves forced to pay 400 out of every million dollars to obtain the currency, which caused them significant economic losses and forced them to stop illegal purchases of dollars from the Iraqi black market ... Iran's suspension of purchases, raised the levels of currency in the Iraqi market significantly, stressing that exchange outlets and private banks that used to keep large amounts of dollars withdraw them from the Iraqi market in favor of Iran, found themselves owning large quantities of US currency without the presence of many buyers after Iran stopped purchases...Iran stopped buying dollars from Iraq a week ago..."
4-9-2023 Newshound Guru Sandy Ingram If the IQD reinstates to 1 to 1 US dollar many of you will be cash rich immediately minus the quarter of a million dollars you will have to pay in taxes - especially if you do not have a tax plan. If the currency floats to .25 to the US dollar many of you will have a nest egg to begin your wealth building. [NOTE: Cusult your tax professionals at the appropriate time to create a tax plan that's right for your unique circumstances.]
4-9-2023 Guru Nader From The Mid East This morning I heard something made me very very happy. It's been a week since Iran stopped buying dinars on the black market. Why? Because each time they bought...dinar they lost money. They lost almost $500 million. That's why today you see the dinar is up again ...2 or 3 countries who's used to buy the dinar on the black market they can't anymore because they're losing money...
4-9-2023 Intel Guru Frank26 Article: "Report: The drop in the exchange rate of the dollar in Iraq because Iran stopped buying it from the black market" NO! IT DROPPED BECAUSE IRAN COULD NO LONGER STEAL THE IQD THROUGH THE CBI AUCTIONS! THE MONETARY REFORM STARVED IRAN!
4-9-2023 Intel Guru MarkZ [via PDK] over the last couple of weeks think about the progress we have made. The banking reforms…The revalue of the dinar to 1132 (not as big as we want –yet) de-dollarization, Approval of the HCL (We have been waiting for this for 15-20 years) We have seen the budget, the re-introduction of coins. Why in the heck do they need coins and lower denominations unless they were about to do a serious revaluation? We are watching tremendous changes.
4-9-2023 Intel Guru Frank26 Question: "What do you think the ceiling of the float could be?" IMO $4.25.
4-9-2023 Newshound Guru Militia Man The talk of exchange rate volatility between the parallel market and the official rate it's been in the news quite a bit. I think there is probably one fix for that and I think it's pretty obvious but they're not openly talking about it. I think that is an exchange rate change in a quantum leap way. Those are the words they are using. They're using 'speed'...'accelerated'...'accurate'... 'expedited'... 'quantum leap' ...it's an educational process so it's good that we see that kind of stuff.
4-9-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-9-2023 Newshound/Intel Guru Walkingstick [via Frank26] There are many articles that are coming out saying the official exchange rate of the Iraqi dinar right now is at 1132. Even though it's not posted doesn't mean it is not. They are using that rate. They don't want people profiting from the exchange rate anymore...they want a parallel exchange rate to match the official exchange rate. No more dual exchange rates...
4-9-2023 Newshound Guru Henig Article "Report: Dollar exchange rate drops in Iraq as Iran stops buying it on the black market" Quote "the Iranian authorities found themselves forced to pay 400 out of every million dollars to obtain the currency, which caused them significant economic losses and forced them to stop illegal purchases of dollars from the Iraqi black market ... Iran's suspension of purchases, raised the levels of currency in the Iraqi market significantly, stressing that exchange outlets and private banks that used to keep large amounts of dollars withdraw them from the Iraqi market in favor of Iran, found themselves owning large quantities of US currency without the presence of many buyers after Iran stopped purchases...Iran stopped buying dollars from Iraq a week ago..."
4-9-2023 Newshound Guru Sandy Ingram If the IQD reinstates to 1 to 1 US dollar many of you will be cash rich immediately minus the quarter of a million dollars you will have to pay in taxes - especially if you do not have a tax plan. If the currency floats to .25 to the US dollar many of you will have a nest egg to begin your wealth building. [NOTE: Cusult your tax professionals at the appropriate time to create a tax plan that's right for your unique circumstances.]
4-9-2023 Guru Nader From The Mid East This morning I heard something made me very very happy. It's been a week since Iran stopped buying dinars on the black market. Why? Because each time they bought...dinar they lost money. They lost almost $500 million. That's why today you see the dinar is up again ...2 or 3 countries who's used to buy the dinar on the black market they can't anymore because they're losing money...
4-9-2023 Intel Guru Frank26 Article: "Report: The drop in the exchange rate of the dollar in Iraq because Iran stopped buying it from the black market" NO! IT DROPPED BECAUSE IRAN COULD NO LONGER STEAL THE IQD THROUGH THE CBI AUCTIONS! THE MONETARY REFORM STARVED IRAN!
4-9-2023 Intel Guru MarkZ [via PDK] over the last couple of weeks think about the progress we have made. The banking reforms…The revalue of the dinar to 1132 (not as big as we want –yet) de-dollarization, Approval of the HCL (We have been waiting for this for 15-20 years) We have seen the budget, the re-introduction of coins. Why in the heck do they need coins and lower denominations unless they were about to do a serious revaluation? We are watching tremendous changes.
4-8-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-8-2023 Intel Guru Frank26 Question "If the American dollar gets driven down to, let's say .0001 how can that be 1 to 1 with the dinar?" Because you cancel the 3 zeros on both sides and it becomes 1 to 1.
4-8-2023 Newshound Guru Sandy Ingram Article "Goldman Sachs: Oil will reach $100 a barrel in April 2024" That's about a year from now...[we] believe this prediction is right on target because --> Article "Iraq joins Arab countries in reducing oil production" ...This move is a precautionary measure aiming to support the stability of oil markets...This reduction will go on until the end of 2023.
4-8-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-8-2023 Guru Nader From The Mid East You guys waiting for us to give you a news. We give it to you but we're not sure of it because they can change their mind tomorrow. But here's one thing I can tell you budget has been approved. Why? Because [they] have no choice...they cannot embarrass themselves anymore. They talked about it. They put it out there. They send it from one side to the other. Budget has really been approved.
4-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] Comment "Historically we have seen April and September..." I don't care about no April. I don't care about no September. I don't care about no historical pattern that they've done. Trust me, they want this and they're going to get this done. The RV phase calculated many rates that can succeed with the monetary reform. It's all about the accounting... Accounting is beginning, mid or end of a quarter.
4-8-2023 Intel Guru Wolverine ...I’m told that hopefully within 48hrs Iraq should be ready to go and that will set up the Green Light so we can move forward. Notifications I was told should be coming on the weekend or latest by Monday.
4-8-2023 Newshound Guru Pimpy Things seem to be calm over there. There's a lot of agreements going on and it looks like Iraq is moving forward in a major way which I'm excited about. I do want to see the Iraqi dinar increase in value so does everybody else.
4-8-2023 Guest Guru Deepwoodz Article: "The budget is halfway there...a challenge to the government and a test for the coalition state - Urgent" I like this one! I think you can calculate the rate using these budget numbers. I think a rate change eliminates the “deficit” to be a balanced budget...Interesting that the “planned” deficit is 1/3 the planned budget. Or 3/1, or 3:1…or 3.12/1 to be more precise depending on which way you turn it.
4-8-2023 Intel Guru MarkZ [via PDK] The budget has been approved and now we are just going through the process until it is officially in place. Articles come out saying how effective the revaluation has been from 1300 to 1132...I am still expecting a bigger rate change. We know what their target is and they know what their target is...We are all hoping this is going to be a phenomenal week for us.
4-8-2023 Intel Guru Frank26 What are the 2 months of the year that the Central Bank of Iraq has historically has made a change to their monetary reform? April and September. What month are we in?
4-8-2023 Newshound Guru Militia Man The draft budget law...the whole process is about the citizens and for implementation of investment project...it's about the private sector...Everything is changing. What are they telling you? If they're going to a private sector, they're going international. That is huge. We're in a huge space at this time...
4-8-2023 Intel Guru Bruce [via WiserNow] Iraq is going to make their additional increase in the Iraqi dinar rate. It's substantial, and this would be an in country dinar rate...Meaning in country of Iraq and this will be their official increase in the rate of the dinar. And I believe that will take place Sunday, our Easter Sunday, which in Iraq is their first business day of the week...now that would reflect on our bank screens – Forex – probably Sunday night or Monday...we look pretty solid for Monday into Tuesday - right now...That's the latest information that we have so far.
4-8-2023 Intel Guru Frank26 Question "If the American dollar gets driven down to, let's say .0001 how can that be 1 to 1 with the dinar?" Because you cancel the 3 zeros on both sides and it becomes 1 to 1.
4-8-2023 Newshound Guru Sandy Ingram Article "Goldman Sachs: Oil will reach $100 a barrel in April 2024" That's about a year from now...[we] believe this prediction is right on target because --> Article "Iraq joins Arab countries in reducing oil production" ...This move is a precautionary measure aiming to support the stability of oil markets...This reduction will go on until the end of 2023.
4-8-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-8-2023 Guru Nader From The Mid East You guys waiting for us to give you a news. We give it to you but we're not sure of it because they can change their mind tomorrow. But here's one thing I can tell you budget has been approved. Why? Because [they] have no choice...they cannot embarrass themselves anymore. They talked about it. They put it out there. They send it from one side to the other. Budget has really been approved.
4-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] Comment "Historically we have seen April and September..." I don't care about no April. I don't care about no September. I don't care about no historical pattern that they've done. Trust me, they want this and they're going to get this done. The RV phase calculated many rates that can succeed with the monetary reform. It's all about the accounting... Accounting is beginning, mid or end of a quarter.
4-8-2023 Intel Guru Wolverine ...I’m told that hopefully within 48hrs Iraq should be ready to go and that will set up the Green Light so we can move forward. Notifications I was told should be coming on the weekend or latest by Monday.
4-8-2023 Newshound Guru Pimpy Things seem to be calm over there. There's a lot of agreements going on and it looks like Iraq is moving forward in a major way which I'm excited about. I do want to see the Iraqi dinar increase in value so does everybody else.
4-8-2023 Guest Guru Deepwoodz Article: "The budget is halfway there...a challenge to the government and a test for the coalition state - Urgent" I like this one! I think you can calculate the rate using these budget numbers. I think a rate change eliminates the “deficit” to be a balanced budget...Interesting that the “planned” deficit is 1/3 the planned budget. Or 3/1, or 3:1…or 3.12/1 to be more precise depending on which way you turn it.
4-8-2023 Intel Guru MarkZ [via PDK] The budget has been approved and now we are just going through the process until it is officially in place. Articles come out saying how effective the revaluation has been from 1300 to 1132...I am still expecting a bigger rate change. We know what their target is and they know what their target is...We are all hoping this is going to be a phenomenal week for us.
4-8-2023 Intel Guru Frank26 What are the 2 months of the year that the Central Bank of Iraq has historically has made a change to their monetary reform? April and September. What month are we in?
4-8-2023 Newshound Guru Militia Man The draft budget law...the whole process is about the citizens and for implementation of investment project...it's about the private sector...Everything is changing. What are they telling you? If they're going to a private sector, they're going international. That is huge. We're in a huge space at this time...
4-8-2023 Intel Guru Bruce [via WiserNow] Iraq is going to make their additional increase in the Iraqi dinar rate. It's substantial, and this would be an in country dinar rate...Meaning in country of Iraq and this will be their official increase in the rate of the dinar. And I believe that will take place Sunday, our Easter Sunday, which in Iraq is their first business day of the week...now that would reflect on our bank screens – Forex – probably Sunday night or Monday...we look pretty solid for Monday into Tuesday - right now...That's the latest information that we have so far.
4-7-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-7-2023 Guru Nader From The Mid East My guy from California says implementation has already been done. This week has been a lot of good news.
4-7-2023 Intel Guru Frank26 Hold onto your dinars because they'll soon have value. And you'll be able to take those 3-zero note and convert them for - depends on where you come from.
4-7-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-7-2023 Intel Guru MarkZ Article: “Baghdad’s draft budget includes Article 140-Peshmerga” We had suspected this but now have the proof. Article 140 is the HCL law. This is very important as many of us thought the vote on the HCL was going to be a separate event...but its already in the budget …this is a key piece on information for us.
4-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] They're telling them to hold on to the 3-zero notes because they will receive their national currency for them. What is the national currency? The new small category notes and the coins with a new exchange rate to match the accounting.
4-7-2023 Newshound Guru Militia Man The central bank calls for accurate news...basically...they're calling on the media to be careful in conveying news related to its monetary policy. Seems interesting this comes out yesterday. It's a day after the CBI met with the World Bank...
4-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Surprised they have not had a second rate change by now... FRANK: I am not at all concerned.
..4-7-2023 Newshound Guru Pimpy The Iraqi dinar is slowly gaining strength. There's some policies and procedures that were implemented within the Iraqi Central Bank that's making things a lot better...Iraqi dinar is pegged to the US dollar. They need to find a way to un-peg themselves. They're not going to do it right away but eventually they will.
4-7-2023 Guru Nader From The Mid East I told you guys the budget has been already approved. It's confirmed today. This morning somebody told me they approved it. They're just making believe they're reading it but they already read it. They already did everything and they just have to go by law and say we're reading it first, second, third readings. But that's it. It's been passed. I think things gonna get better by next week.
4-7-2023 Intel Guru MarkZ [via PDK] Question: Do you think the rate change (RV) is already established as they read the budget for the 2nd and 3rd time? Or is that revealed publicly in conjunction with the release of the smaller notes? MarkZ Answer: I am looking for it to be revealed publicly in conjunction with the release of the lower denomination notes. I think the budget being approved is all behind the scenes.
4-7-2023 Newshound Guru Clare Article: "A 'record' period... Parliamentary finance sets a date for approving the tripartite budget" Quote: "The House of Representatives will work to read, discuss and approve the budget law within a record period that does not exceed a month...the House of Representatives has now begun the first reading of the budget law, and next week the second reading of the law will take place."
4-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is showing United Nations welcome Iraq to the International Transport Highway. Now Iraq has joined international trade with all neighboring countries...they keep saying we are international ascension. FRANK: International ascension for an International currency.
4-7-2023 Newshound/Intel Guru Mnt Goat ...I believe we are on the very cusp of the reinstatement. We are closer to this event than ever before. In these recent months I have presented so much information pointing in the direction that we may see this event very soon. I am not going to over speculate...I am just presenting the evidence, then making sound conclusions based off it.
4-7-2023 Guru Nader From The Mid East My guy from California says implementation has already been done. This week has been a lot of good news.
4-7-2023 Intel Guru Frank26 Hold onto your dinars because they'll soon have value. And you'll be able to take those 3-zero note and convert them for - depends on where you come from.
4-7-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-7-2023 Intel Guru MarkZ Article: “Baghdad’s draft budget includes Article 140-Peshmerga” We had suspected this but now have the proof. Article 140 is the HCL law. This is very important as many of us thought the vote on the HCL was going to be a separate event...but its already in the budget …this is a key piece on information for us.
4-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] They're telling them to hold on to the 3-zero notes because they will receive their national currency for them. What is the national currency? The new small category notes and the coins with a new exchange rate to match the accounting.
4-7-2023 Newshound Guru Militia Man The central bank calls for accurate news...basically...they're calling on the media to be careful in conveying news related to its monetary policy. Seems interesting this comes out yesterday. It's a day after the CBI met with the World Bank...
4-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Surprised they have not had a second rate change by now... FRANK: I am not at all concerned.
..4-7-2023 Newshound Guru Pimpy The Iraqi dinar is slowly gaining strength. There's some policies and procedures that were implemented within the Iraqi Central Bank that's making things a lot better...Iraqi dinar is pegged to the US dollar. They need to find a way to un-peg themselves. They're not going to do it right away but eventually they will.
4-7-2023 Guru Nader From The Mid East I told you guys the budget has been already approved. It's confirmed today. This morning somebody told me they approved it. They're just making believe they're reading it but they already read it. They already did everything and they just have to go by law and say we're reading it first, second, third readings. But that's it. It's been passed. I think things gonna get better by next week.
4-7-2023 Intel Guru MarkZ [via PDK] Question: Do you think the rate change (RV) is already established as they read the budget for the 2nd and 3rd time? Or is that revealed publicly in conjunction with the release of the smaller notes? MarkZ Answer: I am looking for it to be revealed publicly in conjunction with the release of the lower denomination notes. I think the budget being approved is all behind the scenes.
4-7-2023 Newshound Guru Clare Article: "A 'record' period... Parliamentary finance sets a date for approving the tripartite budget" Quote: "The House of Representatives will work to read, discuss and approve the budget law within a record period that does not exceed a month...the House of Representatives has now begun the first reading of the budget law, and next week the second reading of the law will take place."
4-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is showing United Nations welcome Iraq to the International Transport Highway. Now Iraq has joined international trade with all neighboring countries...they keep saying we are international ascension. FRANK: International ascension for an International currency.
4-7-2023 Newshound/Intel Guru Mnt Goat ...I believe we are on the very cusp of the reinstatement. We are closer to this event than ever before. In these recent months I have presented so much information pointing in the direction that we may see this event very soon. I am not going to over speculate...I am just presenting the evidence, then making sound conclusions based off it.
4-6-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] It is extremely significant that Sudani the leader of this country told the Iraqi citizens hold on to your 3-zero worthless currency because you're gonna trade it in for something with more value. It's coming. You can't stop it...it's being announced and it's being introduced.
4-6-2023 Intel Guru Frank26 They are more than likely going to come out 1300 to 1 for their budget.
4-6-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-6-2023 Intel Guru MarkZ [via PDK] Question: do we have to wait for after Ramadan to exchange now? MarkZ Answer: I highly doubt it…. If they want things completed by then – they should probably have us in and out the door. That is how I understand it.
4-6-2023 Newshound Guru Sandy Ingram VND exchange rate increase against the US dollar. Article: "Financial experts say Vietnam's economic growth to reach 6.5% in 2023" The Vietnam dong is traded on the Forex market...the VND rate is going up up and up against the US dollar in the past several weeks. This means somebody on the Forex market made a profit. This is excellent news...
4-6-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're moving very fast on the budget. It's interesting because it's got to mean something. They talked on how the budget will be flexible for adjustments especially this being a 3-year contract... FRANK: That's not in the articles. That's what they told the citizens. What do you think that means? ...They're showing you your budget and don't forget IMO the line item that has the exchange rate is crucial for us...if it comes out at the program rate they can quickly change it at the push of a button.
4-6-2023 Newshound Guru Pimpy Article: "First Deputy Speaker of Parliament calls for speeding up the preparation of a report on the draft budget law for its second reading" The way the Constitution works over there is you have a draft budget. It is passed down to the parliamentary... they make the recommendations and they send their draft budget back with the amendments to the committee. The committee reviews those... they turn around and sent it back to parliament...If they agree with them then they take a vote and the budget is passed...They're getting ready to do their second reading. If there's more changes they are going to recommend it will go back...
4-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] The budget has to be read into law by reading all the line items of the budget. And one of the first things on that 2023 budget is the exchange rate...Is it 1132? Is it something else? I have no idea...it's all about the accounting right now. Nothing else.
4-6-2023 Intel Guru MarkZ [via PDK] ...They have already agreed to the budget…now they are just going through the process. It sailed through the first reading in record time... Everything is worked out along with the HCL. I am still looking for a nice, lovely fat rate. They need it to fix the problems.
4-6-2023 Guru Nader From The Mid East The budget has been read the first reading...If I tell you guys the budget has been already approved would you agree with me or disagree? ...Me I tell you the budget has already been approved. To believe me or not you can do whatever you want. The budget has already been approved. First read and second reading, third reading, 100 reading, the budget it's been ready. Let me tell you why. I'm gonna give you a good reason and there's a good reason... [4] words. They Have No Choice. That's it.
4-6-2023 Intel Guru Frank26 Article: "The Central Bank calls for accuracy in conveying news related to its monetary policy" Quote: "The Central Bank of Iraq called...the media to be careful in reporting news related to its monetary policy. And the Central Bank confirmed... to: 'depend on what is published on its official website in order to avoid misleading news that confuses the market in the interest of speculators in foreign currency.'” THE CBI PREPARES FOR A MAJOR ANNOUNCEMENT & THEY DON'T WANT ANY MISTAKES!
4-6-2023 Newshound Guru Clare Press Release: "The Central Bank of Iraq calls on the media and all relevant parties to be accurate in reporting news related to the bank and its monetary policy, and to adopt what is published on its official website in order to avoid misleading news that confuses the market in favor of foreign currency speculators."
4-6-2023 Intel Guru MarkZ [via PDK] Article: “First Deputy Speaker of Parliament calls for speedy preparation of a report in draft budget law for it’s second reading” ...[Wednesday] was the first reading…just like what we expected...This is a huge step forward. Now they are being pressured to read it the second and third times. They have to read it 3 times …then pass it.
4-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] It is extremely significant that Sudani the leader of this country told the Iraqi citizens hold on to your 3-zero worthless currency because you're gonna trade it in for something with more value. It's coming. You can't stop it...it's being announced and it's being introduced.
4-6-2023 Intel Guru Frank26 They are more than likely going to come out 1300 to 1 for their budget.
4-6-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-6-2023 Intel Guru MarkZ [via PDK] Question: do we have to wait for after Ramadan to exchange now? MarkZ Answer: I highly doubt it…. If they want things completed by then – they should probably have us in and out the door. That is how I understand it.
4-6-2023 Newshound Guru Sandy Ingram VND exchange rate increase against the US dollar. Article: "Financial experts say Vietnam's economic growth to reach 6.5% in 2023" The Vietnam dong is traded on the Forex market...the VND rate is going up up and up against the US dollar in the past several weeks. This means somebody on the Forex market made a profit. This is excellent news...
4-6-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're moving very fast on the budget. It's interesting because it's got to mean something. They talked on how the budget will be flexible for adjustments especially this being a 3-year contract... FRANK: That's not in the articles. That's what they told the citizens. What do you think that means? ...They're showing you your budget and don't forget IMO the line item that has the exchange rate is crucial for us...if it comes out at the program rate they can quickly change it at the push of a button.
4-6-2023 Newshound Guru Pimpy Article: "First Deputy Speaker of Parliament calls for speeding up the preparation of a report on the draft budget law for its second reading" The way the Constitution works over there is you have a draft budget. It is passed down to the parliamentary... they make the recommendations and they send their draft budget back with the amendments to the committee. The committee reviews those... they turn around and sent it back to parliament...If they agree with them then they take a vote and the budget is passed...They're getting ready to do their second reading. If there's more changes they are going to recommend it will go back...
4-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] The budget has to be read into law by reading all the line items of the budget. And one of the first things on that 2023 budget is the exchange rate...Is it 1132? Is it something else? I have no idea...it's all about the accounting right now. Nothing else.
4-6-2023 Intel Guru MarkZ [via PDK] ...They have already agreed to the budget…now they are just going through the process. It sailed through the first reading in record time... Everything is worked out along with the HCL. I am still looking for a nice, lovely fat rate. They need it to fix the problems.
4-6-2023 Guru Nader From The Mid East The budget has been read the first reading...If I tell you guys the budget has been already approved would you agree with me or disagree? ...Me I tell you the budget has already been approved. To believe me or not you can do whatever you want. The budget has already been approved. First read and second reading, third reading, 100 reading, the budget it's been ready. Let me tell you why. I'm gonna give you a good reason and there's a good reason... [4] words. They Have No Choice. That's it.
4-6-2023 Intel Guru Frank26 Article: "The Central Bank calls for accuracy in conveying news related to its monetary policy" Quote: "The Central Bank of Iraq called...the media to be careful in reporting news related to its monetary policy. And the Central Bank confirmed... to: 'depend on what is published on its official website in order to avoid misleading news that confuses the market in the interest of speculators in foreign currency.'” THE CBI PREPARES FOR A MAJOR ANNOUNCEMENT & THEY DON'T WANT ANY MISTAKES!
4-6-2023 Newshound Guru Clare Press Release: "The Central Bank of Iraq calls on the media and all relevant parties to be accurate in reporting news related to the bank and its monetary policy, and to adopt what is published on its official website in order to avoid misleading news that confuses the market in favor of foreign currency speculators."
4-6-2023 Intel Guru MarkZ [via PDK] Article: “First Deputy Speaker of Parliament calls for speedy preparation of a report in draft budget law for it’s second reading” ...[Wednesday] was the first reading…just like what we expected...This is a huge step forward. Now they are being pressured to read it the second and third times. They have to read it 3 times …then pass it.
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4-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] March was to educate them on the monetary reform and IMO April is to start showing the evidence of the new small category notes and coins and a new exchange rate, maybe even a float.
4-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK: This first week of April will start to show you many things. They're going to start with a budget with the HCL, 140, new small category notes, coins etc etc. I pray that as this month of April continues they also start to show you your new currency and your new exchange rate or at least explain it to you deeper on what they are about to do. FIREFLY: They are telling us a lot. We know what they're going to do...
4-5-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-5-2023 Newshound Guru Sandy Ingram ...Millions of people believe the IQD will never amount to more than a penny against the USD, this is highly unlikely. For many reasons - economics, inflation or losing the country to a US dollar economy, these are all reasons why the Iraqi dinar will revalue, reinstate, float or go digital, and we know they have plans to go digital there is a mandate.
4-5-2023 Intel Guru Bruce [via WiserNow] ...things are tight things are clammed up - people are under NDAs and they're under almost gag orders - pretty much - it's that tight which is usually a good thing for us... They're still trying to determine to determine our start when our story is going to be I hope it's this week...let's just stay patient and watch this thing come to us.
4-5-2023 Newshound Guru Pimpy Apparently they have a mechanism that's going to take care of the surplus of Iraqi dinar that are out there because if you think about it if people are willing to give you 1750 dinars for every dollar that means there's a shitload of Iraq dinars out there. In the past they used to spend anywhere between 1 and 1 1/2 billion dollars buying IQD off the open market and then they would destroy these currencies. Could they start going down that path again because if they do hang on to your currency because that sucker is going to shoot up in value real quick.
4-5-2023 Intel Guru Frank26 Article: "Al-Sudani's advisor sets a date for the dollar's stability and says: The Americans are impressed with our government". DOLLAR STABILITY EQUALS A PARALLEL RATE... A PARALLEL RATE EQUALS 1 TO 1... 1 TO 1 EQUALS A FLOAT.
4-5-2023 Intel Guru MarkZ [via PDK] ...it’s been very quiet. But maybe the quietness is the news? ...I think it’s a very good thing. Especially with the vast number of folks that got quiet suddenly domestically here.
4-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] The announcement will only come from the CBI. Halibusi is on vacation but he doesn't have to be there. He can go on his vacation. It does not interfere with a monetary reform. Anything put on Halibusi's desk regardless if he's there or not, within 15 days of receipt it automatically becomes law...signatures or not.
4-5-2023 Newshound Guru Militia Man What I believe is going on... they're throwing two stones out in the water in a massive way and it's going to have a rippling effect around the world...Iraq we feel is a linchpin that's going to stimulate the economy...trading with other currencies, cross-border payments, all those things are happening right in front of our eyes...history is basically going to be written about this because Iraq is going to be very very wealthy. They could write this in tablets of gold. I really do believe that...
4-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said...[as of] Monday the dollar is no longer accepted in Iraq and it is not the national currency of Iraq banks...citizens are not allowed with any dollar transaction... FRANK: Notice they're telling you the national currency is coming to replace the 3-zero notes. It is crystal clear...Isn't that cool! We got it in articles but to be able to see that they're telling the citizens in deeper details.
4-5-2023 Newshound Guru Clare Article: "Al-Sudani's advisor sets a date for the dollar's stability and says: The Americans are impressed with our government" Quote: "Al-Shammari, in a televised interview followed by Ultra Iraq, defended the decision to reduce the exchange rate of the dollar to 1,300 dinars by the Sudanese government, and said that "if the exchange rate had not changed, we would now be on the cusp of two thousand," meaning 2,000 dinars per dollar.
4-5-2023 Intel Guru MarkZ [via PDK] From Iraq: “The Central Bank expects a further decline in dollar exchange rates” What the CBI is saying is they believe they have made the necessary adjustments for a de-dollarization effect. This means the dinar is gaining strength daily. Iraqi people are now holding on to their dinar and not the US dollar.
4-5-2023 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK REFUSES TO OPEN A WINDOW FOR SELLING DOLLARS TO CITIZENS, DESCRIBING IT AS A VIOLATION OF REGULATIONS" We have waited for this news for a very long time. ...I told you the day will come when they have to ban all dollar sales from citizens meaning these street venders too. Now if you want dollars you will have to go to the bank and justify it and you will have certain quota limits based on reason that you can buy. WOW! this was fantastic news because over a short time these street venders will run out of dollars and then they can not manipulate the market anymore...This will seriously help stabilize the market which we need to go to the next step in the process…
4-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] March was to educate them on the monetary reform and IMO April is to start showing the evidence of the new small category notes and coins and a new exchange rate, maybe even a float.
4-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FRANK: This first week of April will start to show you many things. They're going to start with a budget with the HCL, 140, new small category notes, coins etc etc. I pray that as this month of April continues they also start to show you your new currency and your new exchange rate or at least explain it to you deeper on what they are about to do. FIREFLY: They are telling us a lot. We know what they're going to do...
4-5-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-5-2023 Newshound Guru Sandy Ingram ...Millions of people believe the IQD will never amount to more than a penny against the USD, this is highly unlikely. For many reasons - economics, inflation or losing the country to a US dollar economy, these are all reasons why the Iraqi dinar will revalue, reinstate, float or go digital, and we know they have plans to go digital there is a mandate.
4-5-2023 Intel Guru Bruce [via WiserNow] ...things are tight things are clammed up - people are under NDAs and they're under almost gag orders - pretty much - it's that tight which is usually a good thing for us... They're still trying to determine to determine our start when our story is going to be I hope it's this week...let's just stay patient and watch this thing come to us.
4-5-2023 Newshound Guru Pimpy Apparently they have a mechanism that's going to take care of the surplus of Iraqi dinar that are out there because if you think about it if people are willing to give you 1750 dinars for every dollar that means there's a shitload of Iraq dinars out there. In the past they used to spend anywhere between 1 and 1 1/2 billion dollars buying IQD off the open market and then they would destroy these currencies. Could they start going down that path again because if they do hang on to your currency because that sucker is going to shoot up in value real quick.
4-5-2023 Intel Guru Frank26 Article: "Al-Sudani's advisor sets a date for the dollar's stability and says: The Americans are impressed with our government". DOLLAR STABILITY EQUALS A PARALLEL RATE... A PARALLEL RATE EQUALS 1 TO 1... 1 TO 1 EQUALS A FLOAT.
4-5-2023 Intel Guru MarkZ [via PDK] ...it’s been very quiet. But maybe the quietness is the news? ...I think it’s a very good thing. Especially with the vast number of folks that got quiet suddenly domestically here.
4-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] The announcement will only come from the CBI. Halibusi is on vacation but he doesn't have to be there. He can go on his vacation. It does not interfere with a monetary reform. Anything put on Halibusi's desk regardless if he's there or not, within 15 days of receipt it automatically becomes law...signatures or not.
4-5-2023 Newshound Guru Militia Man What I believe is going on... they're throwing two stones out in the water in a massive way and it's going to have a rippling effect around the world...Iraq we feel is a linchpin that's going to stimulate the economy...trading with other currencies, cross-border payments, all those things are happening right in front of our eyes...history is basically going to be written about this because Iraq is going to be very very wealthy. They could write this in tablets of gold. I really do believe that...
4-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said...[as of] Monday the dollar is no longer accepted in Iraq and it is not the national currency of Iraq banks...citizens are not allowed with any dollar transaction... FRANK: Notice they're telling you the national currency is coming to replace the 3-zero notes. It is crystal clear...Isn't that cool! We got it in articles but to be able to see that they're telling the citizens in deeper details.
4-5-2023 Newshound Guru Clare Article: "Al-Sudani's advisor sets a date for the dollar's stability and says: The Americans are impressed with our government" Quote: "Al-Shammari, in a televised interview followed by Ultra Iraq, defended the decision to reduce the exchange rate of the dollar to 1,300 dinars by the Sudanese government, and said that "if the exchange rate had not changed, we would now be on the cusp of two thousand," meaning 2,000 dinars per dollar.
4-5-2023 Intel Guru MarkZ [via PDK] From Iraq: “The Central Bank expects a further decline in dollar exchange rates” What the CBI is saying is they believe they have made the necessary adjustments for a de-dollarization effect. This means the dinar is gaining strength daily. Iraqi people are now holding on to their dinar and not the US dollar.
4-5-2023 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK REFUSES TO OPEN A WINDOW FOR SELLING DOLLARS TO CITIZENS, DESCRIBING IT AS A VIOLATION OF REGULATIONS" We have waited for this news for a very long time. ...I told you the day will come when they have to ban all dollar sales from citizens meaning these street venders too. Now if you want dollars you will have to go to the bank and justify it and you will have certain quota limits based on reason that you can buy. WOW! this was fantastic news because over a short time these street venders will run out of dollars and then they can not manipulate the market anymore...This will seriously help stabilize the market which we need to go to the next step in the process…
4-4-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
4-4-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We know something is coming we just don't know when. They keep telling us all day long except when they show us a recording of Al-Sudani. It's like waking up everyday expecting the day to be the day... FRANK: It's here. The reality of it to sink in for the citizens...you are being constantly educated. They are loading you with all kinds of education, all kinds of information on what to do with the new small category notes and coins when they come out, where to go exchange them...they're teaching you about the float now...
4-4-2023 Intel Guru MarkZ [via PDK] So what have we learned? People in Iraq are abandoning the dollar and adopting the dinar…Erbil/HCL has moved forward very quickly and the budget is in front of Parliament. We are hearing they will read it for the first time tomorrow. So there is exceptionally positive things on the Iraqi RV.
4-4-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-4-2023 Newshound Guru Sandy Ingram 3 Major Reasons People Buying & Selling Iraqi Dinars Online First...currency collectors and the Iraqi Dinar go hand in hand...Why? Believe it or not collecting foreign currencies is more than just a hobby, it can be profitable...Second reason...travel. More and more Christians and Muslims are traveling to Iraq. There is a spike in IQD sales...It is cheaper or easier to buy the Iraqi Dinars online rather then to wait and exchange in Iraq. The third reason is the same reason many of us hold the Iraqi Dinar. For investment purposes. Investing is a major reason people hold and use the Iraqi Dinar. Just like any other investment, there are risks involved.
4-4-2023 Guru Nader From The Mid East You're gonna have to wait 24/25 more days because that's when Ramadan ends.
4-4-2023 Intel Guru MarkZ [via PDK] We are waiting to see if there is a first reading of the budget today. They plan on the budget and the HCL this week. We hope so as we understand these are the last 2 items Iraq need to RV on their own –if they need to.
4-4-2023 Newshound Guru Militia Man They're apparently looking at this budget as a very sensitive one so that's why they're probably keeping it close to the chest...it looks like it's actually front and center because of some of the words and language they're using..."accelerating"... "expediting"...you get the picture they're moving forward.
4-4-2023 Newshound Guru Pimpy Article: "Reserve currencies of the dollar as a store of value and secondary reserves in central banks". This is pretty interesting article and it's good if you own the Iraqi dinar... you're going to see one way or another that currency increase in value.
4-4-2023 Intel Guru MarkZ [via PDK] Question: I wonder if we are still in the window? IMO we are absolutely still in the window. ...the latest from the rumor mill is they expect it within the next 3 days. Take all rumors with a grain of salt.
4-4-2023 Newshound Guru Clare Article: "A new statement by Al-Sudanese about changing the exchange rate of the dollar" Quote: "al-Sudanese revealed today...changing the exchange rate was a basic demand, and it included a previous agreement between the government and the central bank with the Federal Reserve and the US Treasury. The agreement was not implemented within two years, and the two years ended with the start of our government's work."
4-4-2023 Intel Guru Frank26 Article: "An Iraqi government official expects the dollar to drop to 1,400 dinars by the end of the week" THE EXCHANGE RATE CONTINUES TO DECREASE IN THE CORRECT DIRECTION... IN THIS CASE STREET VALUE FROM 1500 TO 1400.
4-4-2023 Intel Guru MarkZ [via PDK] Article: “Parliamentary finance sets the date for the first reading of the budget” This is this week…the first reading is tomorrow. We are also expecting to hear the first reading of the HCL law this week. If all goes as smoothly as they are saying. Both are expected to pass this week.
4-4-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We know something is coming we just don't know when. They keep telling us all day long except when they show us a recording of Al-Sudani. It's like waking up everyday expecting the day to be the day... FRANK: It's here. The reality of it to sink in for the citizens...you are being constantly educated. They are loading you with all kinds of education, all kinds of information on what to do with the new small category notes and coins when they come out, where to go exchange them...they're teaching you about the float now...
4-4-2023 Intel Guru MarkZ [via PDK] So what have we learned? People in Iraq are abandoning the dollar and adopting the dinar…Erbil/HCL has moved forward very quickly and the budget is in front of Parliament. We are hearing they will read it for the first time tomorrow. So there is exceptionally positive things on the Iraqi RV.
4-4-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-4-2023 Newshound Guru Sandy Ingram 3 Major Reasons People Buying & Selling Iraqi Dinars Online First...currency collectors and the Iraqi Dinar go hand in hand...Why? Believe it or not collecting foreign currencies is more than just a hobby, it can be profitable...Second reason...travel. More and more Christians and Muslims are traveling to Iraq. There is a spike in IQD sales...It is cheaper or easier to buy the Iraqi Dinars online rather then to wait and exchange in Iraq. The third reason is the same reason many of us hold the Iraqi Dinar. For investment purposes. Investing is a major reason people hold and use the Iraqi Dinar. Just like any other investment, there are risks involved.
4-4-2023 Guru Nader From The Mid East You're gonna have to wait 24/25 more days because that's when Ramadan ends.
4-4-2023 Intel Guru MarkZ [via PDK] We are waiting to see if there is a first reading of the budget today. They plan on the budget and the HCL this week. We hope so as we understand these are the last 2 items Iraq need to RV on their own –if they need to.
4-4-2023 Newshound Guru Militia Man They're apparently looking at this budget as a very sensitive one so that's why they're probably keeping it close to the chest...it looks like it's actually front and center because of some of the words and language they're using..."accelerating"... "expediting"...you get the picture they're moving forward.
4-4-2023 Newshound Guru Pimpy Article: "Reserve currencies of the dollar as a store of value and secondary reserves in central banks". This is pretty interesting article and it's good if you own the Iraqi dinar... you're going to see one way or another that currency increase in value.
4-4-2023 Intel Guru MarkZ [via PDK] Question: I wonder if we are still in the window? IMO we are absolutely still in the window. ...the latest from the rumor mill is they expect it within the next 3 days. Take all rumors with a grain of salt.
4-4-2023 Newshound Guru Clare Article: "A new statement by Al-Sudanese about changing the exchange rate of the dollar" Quote: "al-Sudanese revealed today...changing the exchange rate was a basic demand, and it included a previous agreement between the government and the central bank with the Federal Reserve and the US Treasury. The agreement was not implemented within two years, and the two years ended with the start of our government's work."
4-4-2023 Intel Guru Frank26 Article: "An Iraqi government official expects the dollar to drop to 1,400 dinars by the end of the week" THE EXCHANGE RATE CONTINUES TO DECREASE IN THE CORRECT DIRECTION... IN THIS CASE STREET VALUE FROM 1500 TO 1400.
4-4-2023 Intel Guru MarkZ [via PDK] Article: “Parliamentary finance sets the date for the first reading of the budget” This is this week…the first reading is tomorrow. We are also expecting to hear the first reading of the HCL law this week. If all goes as smoothly as they are saying. Both are expected to pass this week.
4-3-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
4-3-2023 Newshound Guru Pimpy It doesn't even look like the budget will be approved by the end of April...
4-3-2023 Intel Guru Frank26 You notice the speed of the CBI? You notice how fast they're trying to get this done now? I told you they were running out of time. What time are they running out of? The American dollar value...the monetary reform is exciting right now, exciting.
4-3-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-3-2023 Newshound Guru Sandy Ingram Here is what I want to show you. Kuwait's currency is .31 Kuwaiti Dinar to one US dollar. Jordan's currency is .71 Jordanian Dinar to one US dollar. Turkey's currency has suffered ups and downs but it's valued at 19.16 Turkish Lira to one US dollar. With Iraq's currency being worth so little to the US dollar, [1311] it places massive weight on imports. Thus far Iraq has used dollars to pay import invoices. But as in the case with Iran, that is no longer possible. We have every right to believe that the currency will increase in value.
4-3-2023 Guru Nader From The Mid East I was reading something about back screens again. They've been see seeing back screens in the United States the rate is $6, $7 or $11...maybe they're dreaming? I don't know. [See Guru Frank's 4-2-2023 Three Part Bank Story Post Below.]
4-3-2023 Intel Guru RayRen98 NEWS: SOME BANK STAFFERS WERE "CALLED IN" SATURDAY EXPECTING RATE CHANGE ACTIVITY BUT WERE FRUSTRATED FOR "COMING IN" FOR NOTHING. TIME WILL TELL!
4-3-2023 Newshound Guru Clare Article: "An Iraqi government official expects the dollar to drop to 1,400 dinars by the end of the week" Quote: "It is noteworthy that the price of the dollar is witnessing a daily decline against the Iraqi dinar in the parallel market, to reach today 149,900 thousand dinars against 100 dollars, at a time when the dollar was fixed in the budget at 1,300 dinars against one dollar."
4-3-2023 Intel Guru Frank26 Article: "Prime Minister inaugurates the strategic Karbala refinery" Quote: "leading to dispensing with imports and switching to The export stage to achieve the highest added value of the exported barrel." IRAQ NOW EXPORTING MORE OIL NOW THAN THEY WERE IMPORTING DUE TO THE REFORMS SUCCESS.
4-3-2023 Intel Guru MarkZ [via PDK] Question: Did Our window of opportunity move? MarkZ Answer: No we are in the middle of it. We are very close…you can see it.
4-3-2023 Newshound Guru Pimpy I went to go look at how the Iraqi exchange rate closed for the day...at 1430 something dinars for every dollar. It is shrinking the gap between the official rate and the parallel rate. But that guy said the gap was going to be very close within two days. I'm not sure if he's going to be able to pull that off but I might be wrong.
4-3-2023 Intel Guru Frank26 Some of the 3-zero notes will co-exist with the new small category notes and the coins that are soon to join the 3-zero notes that are in circulation right now. This whole concept about printing the 20k note it's actually just a rumor...the fact that they're talking about this 20k is just another round megaphone announcement to the citizens of Iraq that a change is coming to their currency.
4-3-2023 Newshound/Intel Guru Mnt Goat Article: "AL-ALAQ: CENTRAL BANK PACKAGES CONTRIBUTED TO THE STABILITY OF THE DOLLAR EXCHANGE RATE" Quote: "the governor of the Central Bank, Ali Al-Alaq, announced the stability of the dollar exchange rates after the three packages launched by the bank during the last period." Yes, kudos to Al-Alaq, hip, hip array!!!! Quote: "the central bank’s reserves are within international standards." In fact way over the required reserves of about $45 billion as told to us years ago by the IMF.
4-3-2023 Newshound Guru Pimpy It doesn't even look like the budget will be approved by the end of April...
4-3-2023 Intel Guru Frank26 You notice the speed of the CBI? You notice how fast they're trying to get this done now? I told you they were running out of time. What time are they running out of? The American dollar value...the monetary reform is exciting right now, exciting.
4-3-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-3-2023 Newshound Guru Sandy Ingram Here is what I want to show you. Kuwait's currency is .31 Kuwaiti Dinar to one US dollar. Jordan's currency is .71 Jordanian Dinar to one US dollar. Turkey's currency has suffered ups and downs but it's valued at 19.16 Turkish Lira to one US dollar. With Iraq's currency being worth so little to the US dollar, [1311] it places massive weight on imports. Thus far Iraq has used dollars to pay import invoices. But as in the case with Iran, that is no longer possible. We have every right to believe that the currency will increase in value.
4-3-2023 Guru Nader From The Mid East I was reading something about back screens again. They've been see seeing back screens in the United States the rate is $6, $7 or $11...maybe they're dreaming? I don't know. [See Guru Frank's 4-2-2023 Three Part Bank Story Post Below.]
4-3-2023 Intel Guru RayRen98 NEWS: SOME BANK STAFFERS WERE "CALLED IN" SATURDAY EXPECTING RATE CHANGE ACTIVITY BUT WERE FRUSTRATED FOR "COMING IN" FOR NOTHING. TIME WILL TELL!
4-3-2023 Newshound Guru Clare Article: "An Iraqi government official expects the dollar to drop to 1,400 dinars by the end of the week" Quote: "It is noteworthy that the price of the dollar is witnessing a daily decline against the Iraqi dinar in the parallel market, to reach today 149,900 thousand dinars against 100 dollars, at a time when the dollar was fixed in the budget at 1,300 dinars against one dollar."
4-3-2023 Intel Guru Frank26 Article: "Prime Minister inaugurates the strategic Karbala refinery" Quote: "leading to dispensing with imports and switching to The export stage to achieve the highest added value of the exported barrel." IRAQ NOW EXPORTING MORE OIL NOW THAN THEY WERE IMPORTING DUE TO THE REFORMS SUCCESS.
4-3-2023 Intel Guru MarkZ [via PDK] Question: Did Our window of opportunity move? MarkZ Answer: No we are in the middle of it. We are very close…you can see it.
4-3-2023 Newshound Guru Pimpy I went to go look at how the Iraqi exchange rate closed for the day...at 1430 something dinars for every dollar. It is shrinking the gap between the official rate and the parallel rate. But that guy said the gap was going to be very close within two days. I'm not sure if he's going to be able to pull that off but I might be wrong.
4-3-2023 Intel Guru Frank26 Some of the 3-zero notes will co-exist with the new small category notes and the coins that are soon to join the 3-zero notes that are in circulation right now. This whole concept about printing the 20k note it's actually just a rumor...the fact that they're talking about this 20k is just another round megaphone announcement to the citizens of Iraq that a change is coming to their currency.
4-3-2023 Newshound/Intel Guru Mnt Goat Article: "AL-ALAQ: CENTRAL BANK PACKAGES CONTRIBUTED TO THE STABILITY OF THE DOLLAR EXCHANGE RATE" Quote: "the governor of the Central Bank, Ali Al-Alaq, announced the stability of the dollar exchange rates after the three packages launched by the bank during the last period." Yes, kudos to Al-Alaq, hip, hip array!!!! Quote: "the central bank’s reserves are within international standards." In fact way over the required reserves of about $45 billion as told to us years ago by the IMF.
4-2-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
4-2-2023 Newshound Guru Pimpy Looks like Iraq has finally gotten the budget back to the house of representatives. Now the committee will study it and respond to whatever the new amendments are... Article: "Parliamentary Finance Announces The Receipt of the Draft Federal Budget Law" Sounds really good to me. This is what usually happens. The committee gets the draft budget law they send it to the House of Representatives. The HOR responds to amendments they want. They send it back to the Financial committee. It goes back and forth until they all agree on everything. Then they vote on it to pass.
4-2-2023 Intel Guru Frank26 Article: "Parliamentary Finance is discussing with the International Monetary Fund support for the 2023 budget law" FROM THE WB TO THE IMF, ALL T's CROSSED AND ALL I's DOTTED FOR THE MONETARY REFORM.
4-2-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-2-2023 Guru Nader From The Mid East A lot of people talking about the back screens. Please if anyone can explain me what's back screen and how they see the back screens. Please because I...don't know why you guys talking about back screens. There's no back screens...show us proof to see it. I don't see any proof.
4-2-2023 Newshound Guru Breitling Look. We're speculating. You have to believe Iraq can add value to its currency based on how much customers they have, how much production they have and the control of their money supply. They created artificial inflation with their money supply. Always remember that. Always go back to that. If you don't believe they can reduce this money supply then this investment definitely isn't for you.
4-2-2023 Newshound/Intel Guru Walkingstick [via Frank26] The currency monetary reform climate inside of Iraq determines if the fils were right...to be released at the onset. They told the citizens they will receive them at the onset with the new small category notes - that is a quantum leap.
4-2-2023 Newshound Guru Militia Man Today was a big day...it's massive. Everybody should be pumped about it because they've stopped the dollar sales. The Central Bank of Iraq is not going to sell dollars anymore. They're going to sell it to other banks that have legitimacy. Those banks will sell those dollars for legitimate purposes [to citizens]. It'll be tracked effectively...Once they dry up the dollar, the parallel market becomes obsolete. What we're hoping for is...the parallel market will get down to a 2% ratio like the IMF requires...
4-2-2023 Newshound Guru Pimpy The dollar is still continuing to slightly decline against the Iraqi dinar. What was it that guys said? Oh, yeah, the gap should be closed within two days so let's keep an eye on this and see if in fact that gap between the official versus parallel market rate is closing at all.
4-2-2023 Intel Guru Frank26 [Bank story continued] My husband is a retired Police officer...I don't have money like that to fund this account...the wealth manager called me today. He's actually the Vice President here in Oklahoma. He says I've been waiting 15 years for this to happen. And I'm going to wake up one day and receive an email from either Chase Bank or VP Morgan explaining what we need to do for our clients. He knew all about the currency...Iraq and what's been going on...what these banking people know what's going on and what's fix'n to happen is just amazing...he says can I come and meet with y'all? I said I'd rather meet with our legal team...He's actually going to call me again tomorrow. [Post 3 of 3]
4-2-2023 Intel Guru Frank26 [Bank story continued] 2 1/2 hours later we finally got out of there. We are private clients now with Chase Bank. Private Client Accounts are the larger accounts...meanwhile when we were meeting with the branch manager...He said he's seeing it [dinar] come and go on the screens. He showed me they had two screens. I stood there and watch him...He said you have 30 days to fund the account and the wealth manager will be calling you...He said he looked forward to seeing you in the future... [Post 2 of 3....stay tuned]
4-2-2023 Intel Guru Frank26 [Bank Story] I called my local Chase bank. I said, can you tell me if you're currently exchanging Iraq currency? They said everything is changing minute by minute. Your best bet is too coming into the branch. I do not have an account with Chase bank... me and my husband went down...I was at the teller letting them know I needed to open an account and needed to exchange foreign currency... She starts taking all of our information and says can you hold on just a sec? The branch manager is wanting to talk to you. I said sure. [Post 1 of 3....stay tuned]
4-2-2023 Intel Guru MarkZ [via PDK] ... the negative impact of Parliament not moving forward with the budget. It’s my opinion that the reason they have not moved forward is they know they are about to spring the new rate. But they are being pressured by the people as they have not been able to pay 600,000 government employees or so because they haven’t taken care of the mechanism in the budget. This push to me signals sooner than the end of Ramadan because these people need to be paid. This is very positive things in the streets of Iraq.
4-2-2023 Newshound Guru Pimpy Looks like Iraq has finally gotten the budget back to the house of representatives. Now the committee will study it and respond to whatever the new amendments are... Article: "Parliamentary Finance Announces The Receipt of the Draft Federal Budget Law" Sounds really good to me. This is what usually happens. The committee gets the draft budget law they send it to the House of Representatives. The HOR responds to amendments they want. They send it back to the Financial committee. It goes back and forth until they all agree on everything. Then they vote on it to pass.
4-2-2023 Intel Guru Frank26 Article: "Parliamentary Finance is discussing with the International Monetary Fund support for the 2023 budget law" FROM THE WB TO THE IMF, ALL T's CROSSED AND ALL I's DOTTED FOR THE MONETARY REFORM.
4-2-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-2-2023 Guru Nader From The Mid East A lot of people talking about the back screens. Please if anyone can explain me what's back screen and how they see the back screens. Please because I...don't know why you guys talking about back screens. There's no back screens...show us proof to see it. I don't see any proof.
4-2-2023 Newshound Guru Breitling Look. We're speculating. You have to believe Iraq can add value to its currency based on how much customers they have, how much production they have and the control of their money supply. They created artificial inflation with their money supply. Always remember that. Always go back to that. If you don't believe they can reduce this money supply then this investment definitely isn't for you.
4-2-2023 Newshound/Intel Guru Walkingstick [via Frank26] The currency monetary reform climate inside of Iraq determines if the fils were right...to be released at the onset. They told the citizens they will receive them at the onset with the new small category notes - that is a quantum leap.
4-2-2023 Newshound Guru Militia Man Today was a big day...it's massive. Everybody should be pumped about it because they've stopped the dollar sales. The Central Bank of Iraq is not going to sell dollars anymore. They're going to sell it to other banks that have legitimacy. Those banks will sell those dollars for legitimate purposes [to citizens]. It'll be tracked effectively...Once they dry up the dollar, the parallel market becomes obsolete. What we're hoping for is...the parallel market will get down to a 2% ratio like the IMF requires...
4-2-2023 Newshound Guru Pimpy The dollar is still continuing to slightly decline against the Iraqi dinar. What was it that guys said? Oh, yeah, the gap should be closed within two days so let's keep an eye on this and see if in fact that gap between the official versus parallel market rate is closing at all.
4-2-2023 Intel Guru Frank26 [Bank story continued] My husband is a retired Police officer...I don't have money like that to fund this account...the wealth manager called me today. He's actually the Vice President here in Oklahoma. He says I've been waiting 15 years for this to happen. And I'm going to wake up one day and receive an email from either Chase Bank or VP Morgan explaining what we need to do for our clients. He knew all about the currency...Iraq and what's been going on...what these banking people know what's going on and what's fix'n to happen is just amazing...he says can I come and meet with y'all? I said I'd rather meet with our legal team...He's actually going to call me again tomorrow. [Post 3 of 3]
4-2-2023 Intel Guru Frank26 [Bank story continued] 2 1/2 hours later we finally got out of there. We are private clients now with Chase Bank. Private Client Accounts are the larger accounts...meanwhile when we were meeting with the branch manager...He said he's seeing it [dinar] come and go on the screens. He showed me they had two screens. I stood there and watch him...He said you have 30 days to fund the account and the wealth manager will be calling you...He said he looked forward to seeing you in the future... [Post 2 of 3....stay tuned]
4-2-2023 Intel Guru Frank26 [Bank Story] I called my local Chase bank. I said, can you tell me if you're currently exchanging Iraq currency? They said everything is changing minute by minute. Your best bet is too coming into the branch. I do not have an account with Chase bank... me and my husband went down...I was at the teller letting them know I needed to open an account and needed to exchange foreign currency... She starts taking all of our information and says can you hold on just a sec? The branch manager is wanting to talk to you. I said sure. [Post 1 of 3....stay tuned]
4-2-2023 Intel Guru MarkZ [via PDK] ... the negative impact of Parliament not moving forward with the budget. It’s my opinion that the reason they have not moved forward is they know they are about to spring the new rate. But they are being pressured by the people as they have not been able to pay 600,000 government employees or so because they haven’t taken care of the mechanism in the budget. This push to me signals sooner than the end of Ramadan because these people need to be paid. This is very positive things in the streets of Iraq.
4-1-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
4-1-2023 Intel Guru Frank26 Concern "I'm not sure what to do about how to prepare for taxes." You take a portion out. If you have a million dollars you should consider $300,000 or maybe even $400,000 doesn't belong to you. If you're left with $500,000 or $600,000 be grateful for that....When you exchange your currency you are also taking out what you need to pay your taxes with of that amount. Never never use money that doesn't belong to you because how are you going to pay it back? [NOTE: Consult your tax professionals to help you determine the appropriate amount of tax for your unique circumstances.]
4-1-2023 Newshound Guru Pimpy The market rate is ridiculous. One of the ways they can combat it is to revalue the Iraqi dinar. But that would take it from 1300 dinars right back to where it was before...1100 dinar. Maybe even as low as 1050 dinars. By doing that it's going to strengthen the Iraqi dinar while at the same time closing that gap when it comes to the black market.
4-1-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-1-2023 Guest Guru Deepwoodz Article: "Central Bank: The dollar began to decline continuously" The float?
4-1-2023 Guru Nader From The Mid East This is coming from my friend in California . He's giving you a message. He said they start implementation. They're going to straighten out the dollar. They said a couple of days, yesterday so it should be today or tomorrow you should see the difference a little bit...
4-1-2023 Intel Guru Frank26 Article: "The US Senate supports the repeal of authorizations for the Iraq war". THE AMERICAN SUPPORT NOW COMES TO AN END AFTER TWO DECADES... BECAUSE THE MONETARY REFORM HAS MATURED THE IRAQI CURRENCY... IRAQ DOES NOT NEED ANYBODY'S HELP!
4-1-2023 Newshound Guru Militia Man Iraq's reserves are sufficient. They have the freedom of transfer. They have the legal frameworks. They're in compliance. All of these things are effectively giving strength to the Iraqi dinar. To my thinking, and to some others, at some point in time they're going to have to make another adjustment to their exchange rate to be internationally compliant and finish the final process...
4-1-2023 Intel Guru MarkZ [via PDK] ...on the RV side…I have never seen so much overwhelming stuff out of bankers during this whole process. Yes, they have been upbeat before…but right now they are losing it…in a good way...
4-1-2023 Newshound Guru Clare Article: "Al-Sudani's advisor identifies the reasons for the decline in the parallel price of the dollar in the Iraqi market" Quote: "The Central Bank's window sales began to touch their previous normal rates of sale, to reach approximately $200 million per working day in the foreign currency auction, which is a very stable level of sales to meet the market demand for foreign exchange...the price differences between the official exchange rate of the dinar against the dollar and the price equivalent to it did not widen, but there are strong signals towards contraction...especially the decline of the dollar in the parallel price...The parallel price means the exchange rate of the dollar in the market and exchanges, and not the official price set at 1132 dinars per dollar"
4-1-2023 Newshound Guru Pimpy Article: "Central Bank: Dollar will gradually fall within two days to reach official rate" This article I find very interesting...this person was able to pinpoint an actual time when the gap between the official rate and the market rate would be closed...it looks like it has fallen. You get 1461 dinars for every dollar compared to where it was - 1700 and something...the market rate is indeed going down. This is good. We want that number to shrink...I would love to see that sucker continue to drop, drop and drop...
4-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend thinks it might not float but go straight to $3+ FRANK: I heard about that rumor...it's stupid. It has to float. Mathematically they need to float...Either way we win...
4-1-2023 Intel Guru MarkZ [via PDK] I know people who helped set up centers in banks …You can call them redemption centers or you can call them banking locations set up logistically to handle exchanges…the terminology is different but they are the same. You can call it whatever you want to call it. I know there are places set up to specifically handle this.
4-1-2023 Intel Guru Bruce [via WiserNow] ...it appears that the kickoff day for this could be somewhere around the weekend, Saturday, Sunday, Monday. It could be if we don't get started on Saturday, for example - It may defer to Monday...money is really supposed to really be flowing on Saturday, April 1st...I think we're in a really good place...
4-1-2023 Intel Guru Frank26 Concern "I'm not sure what to do about how to prepare for taxes." You take a portion out. If you have a million dollars you should consider $300,000 or maybe even $400,000 doesn't belong to you. If you're left with $500,000 or $600,000 be grateful for that....When you exchange your currency you are also taking out what you need to pay your taxes with of that amount. Never never use money that doesn't belong to you because how are you going to pay it back? [NOTE: Consult your tax professionals to help you determine the appropriate amount of tax for your unique circumstances.]
4-1-2023 Newshound Guru Pimpy The market rate is ridiculous. One of the ways they can combat it is to revalue the Iraqi dinar. But that would take it from 1300 dinars right back to where it was before...1100 dinar. Maybe even as low as 1050 dinars. By doing that it's going to strengthen the Iraqi dinar while at the same time closing that gap when it comes to the black market.
4-1-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
4-1-2023 Guest Guru Deepwoodz Article: "Central Bank: The dollar began to decline continuously" The float?
4-1-2023 Guru Nader From The Mid East This is coming from my friend in California . He's giving you a message. He said they start implementation. They're going to straighten out the dollar. They said a couple of days, yesterday so it should be today or tomorrow you should see the difference a little bit...
4-1-2023 Intel Guru Frank26 Article: "The US Senate supports the repeal of authorizations for the Iraq war". THE AMERICAN SUPPORT NOW COMES TO AN END AFTER TWO DECADES... BECAUSE THE MONETARY REFORM HAS MATURED THE IRAQI CURRENCY... IRAQ DOES NOT NEED ANYBODY'S HELP!
4-1-2023 Newshound Guru Militia Man Iraq's reserves are sufficient. They have the freedom of transfer. They have the legal frameworks. They're in compliance. All of these things are effectively giving strength to the Iraqi dinar. To my thinking, and to some others, at some point in time they're going to have to make another adjustment to their exchange rate to be internationally compliant and finish the final process...
4-1-2023 Intel Guru MarkZ [via PDK] ...on the RV side…I have never seen so much overwhelming stuff out of bankers during this whole process. Yes, they have been upbeat before…but right now they are losing it…in a good way...
4-1-2023 Newshound Guru Clare Article: "Al-Sudani's advisor identifies the reasons for the decline in the parallel price of the dollar in the Iraqi market" Quote: "The Central Bank's window sales began to touch their previous normal rates of sale, to reach approximately $200 million per working day in the foreign currency auction, which is a very stable level of sales to meet the market demand for foreign exchange...the price differences between the official exchange rate of the dinar against the dollar and the price equivalent to it did not widen, but there are strong signals towards contraction...especially the decline of the dollar in the parallel price...The parallel price means the exchange rate of the dollar in the market and exchanges, and not the official price set at 1132 dinars per dollar"
4-1-2023 Newshound Guru Pimpy Article: "Central Bank: Dollar will gradually fall within two days to reach official rate" This article I find very interesting...this person was able to pinpoint an actual time when the gap between the official rate and the market rate would be closed...it looks like it has fallen. You get 1461 dinars for every dollar compared to where it was - 1700 and something...the market rate is indeed going down. This is good. We want that number to shrink...I would love to see that sucker continue to drop, drop and drop...
4-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend thinks it might not float but go straight to $3+ FRANK: I heard about that rumor...it's stupid. It has to float. Mathematically they need to float...Either way we win...
4-1-2023 Intel Guru MarkZ [via PDK] I know people who helped set up centers in banks …You can call them redemption centers or you can call them banking locations set up logistically to handle exchanges…the terminology is different but they are the same. You can call it whatever you want to call it. I know there are places set up to specifically handle this.
4-1-2023 Intel Guru Bruce [via WiserNow] ...it appears that the kickoff day for this could be somewhere around the weekend, Saturday, Sunday, Monday. It could be if we don't get started on Saturday, for example - It may defer to Monday...money is really supposed to really be flowing on Saturday, April 1st...I think we're in a really good place...
3-31-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-31-2023 Intel Guru Frank26 Question: "What about taxes on the RV?" There are many of you that believe you're not going to be paying any taxes on this transaction. When was the last time that our government allowed you not top pay taxes on money that you earned? ...you're going to pay taxes. Stop kidding yourself. [NOTE: At the appropriate time consult your tax advisors to determine the right taxes for your unique circumstances.]
3-31-2023 Newshound Guru Pimpy They need to...combat that open market so every time they increase the value for the IQD...it keeps screwing up the criminals who keep going out there on the black market and getting the IQD for 1750 or 1550 dinars for every dollar, turn around and sell them back to the bank at a rate of 1300+ for every dollar. They're profiting around 200 IQD for every dollar buying them off the black market...That's what they're doing. Back-forth back-forth. You need to do something that just screws them over. One of those things are just increase the value of the IQD and you won't have such a black market.
3-31-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-31-2023 Intel Guru MarkZ [via PDK] Not a huge amount of news today but all of it continues to be very, very positive. We are hearing very good things about the weekend. But, it could be premature. We will see. Its best to stay grounded in this process.
3-31-2023 Guest Guru Deepwoodz Question: "The prevailing opinion is the 1 to 1 exchange rate...Is this 20k note to throw us off of that?" Not to throw you off. I believe it’s simply to make their mathematics simpler for the banks...Having more denominations is like having more tools in your toolbox...This to me is just another GOOD sign that progress is being made and the CBI is preparing themselves. The IMF refers to this as “binary-decimal triplets”. 1, 5, 10……20, 50, 100 etc….The CBI is filling in the missing links...
3-31-2023 Intel Guru Bruce [via WiserNow] ...we have information from a source - That's very strong - That says that Saturday, yes, April 1st is the day that all the funds start flowing...what makes this time different is that Iraq finally made their way onto the Forex... Wednesday, the 29th of March, for the first time in...I'm going to say almost 20 years on the Forex...Not as a an exotic currency but as a real bonafide currency that's been revalued and has a new value that is probably being traded up as we speak...we've been waiting for that to show up... now we've got to see how that manifests.
3-31-2023 Newshound Guru Clare Article: "Member of Parliamentary Finance: The stability of the dollar exchange depends on the government's control of the market" Quote: "The dollar began to decline continuously against the dinar as a result of these packages that met most of the Iraqi market's requests, noting that this contributed to reducing the difference between the official and parallel exchange rate, pointing out that most markets began dealing in the Iraqi dinar, and this will contribute to its support."
3-31-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The IMF is doing interviews on the news on our Iraqi Channel One...they're saying they are backing the 2023 budget and the president of Iraq is saying how Iraq needs to push and approve the oil and gas law as soon as possible because it's ready. A lot of news is popping all over the place... FRANK: Like we told you this last week would be explosive because the media campaign that they are doing...now with the monetary reform at the beginning of next month it will really be loud.
3-31-2023 Intel Guru MarkZ [via PDK] [Guru] Nader did tell us and I think it’s very important …He says the process has started. And I couldn’t agree more. I am hearing this from all my sources that it has started…It cannot be pulled back…It is well underway. None of us know exactly the timing. We...know that Kuwait did indeed RV during Ramadan. No matter what we have a few interesting weeks ahead.
3-31-2023 Newshound Guru Militia Man What they're trying to do is adjust the official rate to the parallel market rate...they are at an official rate of 1310 but the parallel market isn't quite the same. We'll have to see how they roll, whether that's at 1570 or 1132 to be determined. There are articles out that suggest they were going to go to 1132 but it's not official yet. We'll have to wait and see how that turns out.
3-31-2023 Newshound/Intel Guru Mnt Goat Article: "THE FEDERAL OIL AND GAS LAW WILL BE AGREED UPON SOON" Quote: "...there is an agreement between Baghdad and Erbil to enact the federal oil and gas law soon."
3-31-2023 Intel Guru Frank26 Here are 3 clues that this 20k is a bunch of nonsense. 1. They told the citizens they're going to introduce new lower small category notes... 2. They told the citizens they're gonna give them coins when they introduce the new small category notes. 3. They're gonna float. These three things have been told to the citizens of Iraq...so why bother with the 20k notes?
3-31-2023 Intel Guru Bruce [via WiserNow] ...I'm looking forward to the end of it as much as you are, but we'll see where it goes for the rest of the week...we should have a very interesting April Fool's Day, coming up Saturday. So we'll see what that looks like for us.
3-31-2023 Intel Guru Frank26 Question: "What about taxes on the RV?" There are many of you that believe you're not going to be paying any taxes on this transaction. When was the last time that our government allowed you not top pay taxes on money that you earned? ...you're going to pay taxes. Stop kidding yourself. [NOTE: At the appropriate time consult your tax advisors to determine the right taxes for your unique circumstances.]
3-31-2023 Newshound Guru Pimpy They need to...combat that open market so every time they increase the value for the IQD...it keeps screwing up the criminals who keep going out there on the black market and getting the IQD for 1750 or 1550 dinars for every dollar, turn around and sell them back to the bank at a rate of 1300+ for every dollar. They're profiting around 200 IQD for every dollar buying them off the black market...That's what they're doing. Back-forth back-forth. You need to do something that just screws them over. One of those things are just increase the value of the IQD and you won't have such a black market.
3-31-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-31-2023 Intel Guru MarkZ [via PDK] Not a huge amount of news today but all of it continues to be very, very positive. We are hearing very good things about the weekend. But, it could be premature. We will see. Its best to stay grounded in this process.
3-31-2023 Guest Guru Deepwoodz Question: "The prevailing opinion is the 1 to 1 exchange rate...Is this 20k note to throw us off of that?" Not to throw you off. I believe it’s simply to make their mathematics simpler for the banks...Having more denominations is like having more tools in your toolbox...This to me is just another GOOD sign that progress is being made and the CBI is preparing themselves. The IMF refers to this as “binary-decimal triplets”. 1, 5, 10……20, 50, 100 etc….The CBI is filling in the missing links...
3-31-2023 Intel Guru Bruce [via WiserNow] ...we have information from a source - That's very strong - That says that Saturday, yes, April 1st is the day that all the funds start flowing...what makes this time different is that Iraq finally made their way onto the Forex... Wednesday, the 29th of March, for the first time in...I'm going to say almost 20 years on the Forex...Not as a an exotic currency but as a real bonafide currency that's been revalued and has a new value that is probably being traded up as we speak...we've been waiting for that to show up... now we've got to see how that manifests.
3-31-2023 Newshound Guru Clare Article: "Member of Parliamentary Finance: The stability of the dollar exchange depends on the government's control of the market" Quote: "The dollar began to decline continuously against the dinar as a result of these packages that met most of the Iraqi market's requests, noting that this contributed to reducing the difference between the official and parallel exchange rate, pointing out that most markets began dealing in the Iraqi dinar, and this will contribute to its support."
3-31-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The IMF is doing interviews on the news on our Iraqi Channel One...they're saying they are backing the 2023 budget and the president of Iraq is saying how Iraq needs to push and approve the oil and gas law as soon as possible because it's ready. A lot of news is popping all over the place... FRANK: Like we told you this last week would be explosive because the media campaign that they are doing...now with the monetary reform at the beginning of next month it will really be loud.
3-31-2023 Intel Guru MarkZ [via PDK] [Guru] Nader did tell us and I think it’s very important …He says the process has started. And I couldn’t agree more. I am hearing this from all my sources that it has started…It cannot be pulled back…It is well underway. None of us know exactly the timing. We...know that Kuwait did indeed RV during Ramadan. No matter what we have a few interesting weeks ahead.
3-31-2023 Newshound Guru Militia Man What they're trying to do is adjust the official rate to the parallel market rate...they are at an official rate of 1310 but the parallel market isn't quite the same. We'll have to see how they roll, whether that's at 1570 or 1132 to be determined. There are articles out that suggest they were going to go to 1132 but it's not official yet. We'll have to wait and see how that turns out.
3-31-2023 Newshound/Intel Guru Mnt Goat Article: "THE FEDERAL OIL AND GAS LAW WILL BE AGREED UPON SOON" Quote: "...there is an agreement between Baghdad and Erbil to enact the federal oil and gas law soon."
3-31-2023 Intel Guru Frank26 Here are 3 clues that this 20k is a bunch of nonsense. 1. They told the citizens they're going to introduce new lower small category notes... 2. They told the citizens they're gonna give them coins when they introduce the new small category notes. 3. They're gonna float. These three things have been told to the citizens of Iraq...so why bother with the 20k notes?
3-31-2023 Intel Guru Bruce [via WiserNow] ...I'm looking forward to the end of it as much as you are, but we'll see where it goes for the rest of the week...we should have a very interesting April Fool's Day, coming up Saturday. So we'll see what that looks like for us.
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3-30-2023 Intel Guru Frank26 This is the last week of this month. The month where they're educating them. I strongly believe next month they're going to start to show them...I know you're excited but I'm more excited about what I haven't answered yet...
3-30-2023 Newshound/Intel Gurus Walkingstick & Frank26 The time, effort, logistics, cost of doing such a massive printing [of 20k notes] just before they're ready to give them what they've been talking about is the reason why not to print the 20k. It is only logical that it might be used for internal usage than anything else.
3-30-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-30-2023 Intel Guru MarkZ [via PDK] A number of sources are still saying April 1st through the 3rd is a “go”...I did speak to one contact from the redemption side… They are planning on working this weekend. They believe they will be working this weekend. Could that change between now and the weekend…possibly. But this is the first time in a long while that they are expecting to work.
3-30-2023 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK EXPECTS A DECREASE IN THE DIFFERENCE BETWEEN THE OFFICIAL AND PARALLEL EXCHANGE RATES IN THE COMING PERIOD" Quote: "...the Department of Issuance and Treasurys is working to study the possibility of printing a cash denomination of 20,000 dinars, and in the coming days it will take the decision to print it or not printed.” I consider this 20k note yet another possible currency reform measure they are thinking about taking to increase the rate of the dinar and get it under control. But the official decision has not yet been made for sure.
3-30-2023 Newshound Guru Militia Man Four months ago they were talking about studying the possibility of introducing a 20k note. We believe that the language that they use is misleading...Many people do...They didn't say they did they just said they're talking about it as a possibility ...they were talking about this 4 month [ago]...the 29th of November and they did it again [yesterday]...The belief would be that they're not going to do that and they'll maybe come out and say something to the affect that we decided not to do that but we're doing this instead...
3-30-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Channel One News the CBI is saying in coming days they will make a decision on whether to print this new 20k note or not to print it. They're telling us it would help solve the difference in the price range in Erbil and Baghdad...the street also talking about new 20k note and they're telling us changes coming to our currency. FRANK: This new note they're talking about is actually part of the monetary reform ...this will only be temporary until they float the currency Internationally.
3-30-2023 Intel Guru MarkZ [via PDK] They have already told us that over the next few weeks that their currency…the dinar will parallel the market and wealth of Iraq. Parallel means to represent the true value. We know it’s coming. Its their job to keep things uncertain as to timing. Regarding Iraqi border crossings…this dropped yesterday from the CBI. There is an extreme tightening of cash going in and out of Iraq. I was always told to look for this toward the end. Coming from the CBI I think this is a big sign that things are impending.
3-30-2023 Guru Nader From The Mid East I'm sure everybody heard about the printing of the 20,000 dinars. I don't think it's gonna go through. I don't believe. If they print 20,000 dinars why are they doing all this stuff? I think they're gonna print smaller categories. I think it's gonna happen soon. So I disagree with that. I totally disagree with it. Strongly disagree with it. Don't bring big bills when you're talking about nickels and dimes and cents...
3-30-2023 Newshound Guru Clare Article: "The Central Bank announces the imminent issuance of a decision regarding the possibility of printing a denomination of 20 thousand dinars” Quote: “the central bank is amending and updating currency notes in response to market requests and developments and limiting counterfeiting,” noting that “the issuance and treasury department is working to study the possibility of printing a cash category of 20 thousand dinars, and in the coming days it will take action The decision to print or not to print..."
3-30-2023 Intel Guru Frank26 Article: "The Central Bank announces the imminent issuance of a decision regarding the possibility of printing a denomination of 20 thousand dinars" THIS IS MONETARY REFORM EDUCATION TELLING THE CITIZENS WE ARE REMOVING THE 25K, INTERNALLY & BRINGING IN THE 20K, WHERE EVENTUALLY 3 ZEROS WILL BE REMOVED & ADJUSTED WITH THE NEW EXCHANGE RATE.
3-30-2023 Intel Guru MarkZ [via PDK] They have record amounts of reserves. Record amounts of money and record amounts of assets…and they are telling us the currency rate will soon parallel that “To show its true value”...
3-30-2023 Intel Guru Frank26 This is the last week of this month. The month where they're educating them. I strongly believe next month they're going to start to show them...I know you're excited but I'm more excited about what I haven't answered yet...
3-30-2023 Newshound/Intel Gurus Walkingstick & Frank26 The time, effort, logistics, cost of doing such a massive printing [of 20k notes] just before they're ready to give them what they've been talking about is the reason why not to print the 20k. It is only logical that it might be used for internal usage than anything else.
3-30-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-30-2023 Intel Guru MarkZ [via PDK] A number of sources are still saying April 1st through the 3rd is a “go”...I did speak to one contact from the redemption side… They are planning on working this weekend. They believe they will be working this weekend. Could that change between now and the weekend…possibly. But this is the first time in a long while that they are expecting to work.
3-30-2023 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK EXPECTS A DECREASE IN THE DIFFERENCE BETWEEN THE OFFICIAL AND PARALLEL EXCHANGE RATES IN THE COMING PERIOD" Quote: "...the Department of Issuance and Treasurys is working to study the possibility of printing a cash denomination of 20,000 dinars, and in the coming days it will take the decision to print it or not printed.” I consider this 20k note yet another possible currency reform measure they are thinking about taking to increase the rate of the dinar and get it under control. But the official decision has not yet been made for sure.
3-30-2023 Newshound Guru Militia Man Four months ago they were talking about studying the possibility of introducing a 20k note. We believe that the language that they use is misleading...Many people do...They didn't say they did they just said they're talking about it as a possibility ...they were talking about this 4 month [ago]...the 29th of November and they did it again [yesterday]...The belief would be that they're not going to do that and they'll maybe come out and say something to the affect that we decided not to do that but we're doing this instead...
3-30-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Channel One News the CBI is saying in coming days they will make a decision on whether to print this new 20k note or not to print it. They're telling us it would help solve the difference in the price range in Erbil and Baghdad...the street also talking about new 20k note and they're telling us changes coming to our currency. FRANK: This new note they're talking about is actually part of the monetary reform ...this will only be temporary until they float the currency Internationally.
3-30-2023 Intel Guru MarkZ [via PDK] They have already told us that over the next few weeks that their currency…the dinar will parallel the market and wealth of Iraq. Parallel means to represent the true value. We know it’s coming. Its their job to keep things uncertain as to timing. Regarding Iraqi border crossings…this dropped yesterday from the CBI. There is an extreme tightening of cash going in and out of Iraq. I was always told to look for this toward the end. Coming from the CBI I think this is a big sign that things are impending.
3-30-2023 Guru Nader From The Mid East I'm sure everybody heard about the printing of the 20,000 dinars. I don't think it's gonna go through. I don't believe. If they print 20,000 dinars why are they doing all this stuff? I think they're gonna print smaller categories. I think it's gonna happen soon. So I disagree with that. I totally disagree with it. Strongly disagree with it. Don't bring big bills when you're talking about nickels and dimes and cents...
3-30-2023 Newshound Guru Clare Article: "The Central Bank announces the imminent issuance of a decision regarding the possibility of printing a denomination of 20 thousand dinars” Quote: “the central bank is amending and updating currency notes in response to market requests and developments and limiting counterfeiting,” noting that “the issuance and treasury department is working to study the possibility of printing a cash category of 20 thousand dinars, and in the coming days it will take action The decision to print or not to print..."
3-30-2023 Intel Guru Frank26 Article: "The Central Bank announces the imminent issuance of a decision regarding the possibility of printing a denomination of 20 thousand dinars" THIS IS MONETARY REFORM EDUCATION TELLING THE CITIZENS WE ARE REMOVING THE 25K, INTERNALLY & BRINGING IN THE 20K, WHERE EVENTUALLY 3 ZEROS WILL BE REMOVED & ADJUSTED WITH THE NEW EXCHANGE RATE.
3-30-2023 Intel Guru MarkZ [via PDK] They have record amounts of reserves. Record amounts of money and record amounts of assets…and they are telling us the currency rate will soon parallel that “To show its true value”...
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3-29-2023 Newshound Guru Militia Man Earlier today the Central Bank came out. Alaq says they have those 3 packages they launched to create an environment that stabilized the dollar exchange rate...he says the amount of reserves they've acquired from the oil sales is astonishing...about $115 billion...He's basically stating those central bank reserves are within International standards. That's a big thing...having a massive foreign reserves, plus the gold, it supports the value fo the currency and it brings on stability...
3-29-2023 Newshound Guru Clare Article "Al-Alaq: Central Bank packages contributed to the stability of the dollar exchange rate" Quote "Ali Al-Alaq, announced the stability of the dollar exchange rates after the three packages launched by the bank during the last period...The central bank's reserves depend on oil revenues through the sale of oil, as it is the source of foreign currency reserves that come from Iraq's oil exports. It is the main factor in determining the reserves," noting that "the central bank's reserves are within international standards."
3-29-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-29-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report continued] FRANK: And IMO April is when they will show it to you and give it to you in your hands. These are exciting times that they are presenting to you because they are constantly reminding you on TV Channel One...hold onto your dinars because they will soon have value with your lower currency notes and fils. All of that screams a 1 to 1 exchange rate with the American dollar to soon float in an international basket with the Iraqi dinar being the currency power because they will be a currency hub. [Post 2 of 2]
3-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The news keeps talking about fils and about the new lower notes and why it's going to help the citizens. They keep explaining the meaning and how it's going to give us purchasing power and how we will be able to make change...they also keep talking about, 'Hold onto your dinars'... FRANK: The monetary reform education continues to march forward...I strongly believe March is where they will tell you all about the new currency and the new exchange rate and the coins [Post 1 of 2....stay tuned]
3-29-2023 Intel Guru Bruce [via WiserNow] It looks like we're in position to get this thing started for us between Wednesday and Friday...is what we're getting from one of our best sources...It’s looking very solid for us... We'll see what happens...
3-29-2023 Newshound Guru Sandy Ingram The bank made an announcement that travelers in Iraq should come to the bank during business hours to exchange currency for U.S dollars. It appears the money shortage of Iraqi dinars is over especially since Iraq will be paying its debts to Iran using another currency other than U.S. dollars.
3-29-2023 Newshound Guru Samson Article: ”The U.S. Senate voted overwhelmingly...to push forward with legislation to overturn two decades-old mandates to wage wars in Iraq as Congress seeks to reaffirm its role in deciding to send troops to fight...The vote ended with a score of 65 to 28, more than the necessary 60 in the 100-member Senate, paving the way for a vote..."
3-29-2023 Newshound Guru Pimpy Is the IQD on life support? Yeah it is...Currencies around the world are being crushed right now by the US dollar. That's a fact. Not to mention the fact that on the open market/black market rate...at one time was 1750 dinars. It dropped down to 1500 which is a good moment but...1300 dinars for every dollar is the official rate. I think one of the ways to combat that would be to continue to increase the value of the IQD. Move it from 1300 dinars for every dollar down to somewhere around 1050 dinars for every dollar. It's a huge jump. It's big. It's not small. That's big.
3-29-2023 Intel Guru MarkZ [via PDK] My guesses or hunches: We are seeing a lot of scrambling as if they are preparing and trying to go between April 1st-3rd. It actually would not surprise me if we got notices today. It would not surprise me if we got notices in 3 weeks. ...it appears that 3 day window is in their targets. So my hunch is somewhere in there. But this is just a hunch.
3-29-2023 Newshound Guru Militia Man In the final stage, what we're expecting is the education of the citizens. On the street we're hearing that the citizens have been told about new things that are coming and it has to do with their currency. Not money but currency.
3-29-2023 Newshound Guru Clare Article: "Advisor to the Prime Minister: Iraq's economy is strong and moving towards improvement" Quote: "Salih reassured the Iraqis that Iraq's reserves are sufficient and freedom of transfer is available through legal frameworks and compliance, as imports are made at an exchange rate of 1,300 dinars to the dollar, which gives strength to the Iraqi dinar... The central bank's reserves today are around $115 billion, which is the largest reserve in the country's history."
3-29-2023 Intel Guru Frank26 Early summer of last year I started to tell you, you needed to start paying attention because...they are about to tell the Iraqi citizens everything about the new small category notes...back then...I said there wouldn't be any coins right away...UPDATE! UPDATE! ...it turns out the coins are coming out...what did you see this month? Articles about coins ...this is the month of March where they are educating them IMO. In the month of April IMO is where they are going to show them...new small category notes, with a new exchange rate and coins.
3-29-2023 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF TRANSPORT: THE GOVERNMENT’S VISION ASPIRES TO TRANSFORM IRAQ INTO AN INTERNATIONAL TRADE CENTER BETWEEN ASIA AND EUROPE" ...I told you that Iraq is going to be a huge clearing house for the middle east between Asia (China) and Europe (EU). So here it is now in black and white from their own news media. Their words not mine…. No Rumors, No Hype, No Opinions...Just the FACTS! They can not possible continue with this approach with a program rate and not being an internationally traded currency.
3-29-2023 Newshound Guru Militia Man Earlier today the Central Bank came out. Alaq says they have those 3 packages they launched to create an environment that stabilized the dollar exchange rate...he says the amount of reserves they've acquired from the oil sales is astonishing...about $115 billion...He's basically stating those central bank reserves are within International standards. That's a big thing...having a massive foreign reserves, plus the gold, it supports the value fo the currency and it brings on stability...
3-29-2023 Newshound Guru Clare Article "Al-Alaq: Central Bank packages contributed to the stability of the dollar exchange rate" Quote "Ali Al-Alaq, announced the stability of the dollar exchange rates after the three packages launched by the bank during the last period...The central bank's reserves depend on oil revenues through the sale of oil, as it is the source of foreign currency reserves that come from Iraq's oil exports. It is the main factor in determining the reserves," noting that "the central bank's reserves are within international standards."
3-29-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-29-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report continued] FRANK: And IMO April is when they will show it to you and give it to you in your hands. These are exciting times that they are presenting to you because they are constantly reminding you on TV Channel One...hold onto your dinars because they will soon have value with your lower currency notes and fils. All of that screams a 1 to 1 exchange rate with the American dollar to soon float in an international basket with the Iraqi dinar being the currency power because they will be a currency hub. [Post 2 of 2]
3-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The news keeps talking about fils and about the new lower notes and why it's going to help the citizens. They keep explaining the meaning and how it's going to give us purchasing power and how we will be able to make change...they also keep talking about, 'Hold onto your dinars'... FRANK: The monetary reform education continues to march forward...I strongly believe March is where they will tell you all about the new currency and the new exchange rate and the coins [Post 1 of 2....stay tuned]
3-29-2023 Intel Guru Bruce [via WiserNow] It looks like we're in position to get this thing started for us between Wednesday and Friday...is what we're getting from one of our best sources...It’s looking very solid for us... We'll see what happens...
3-29-2023 Newshound Guru Sandy Ingram The bank made an announcement that travelers in Iraq should come to the bank during business hours to exchange currency for U.S dollars. It appears the money shortage of Iraqi dinars is over especially since Iraq will be paying its debts to Iran using another currency other than U.S. dollars.
3-29-2023 Newshound Guru Samson Article: ”The U.S. Senate voted overwhelmingly...to push forward with legislation to overturn two decades-old mandates to wage wars in Iraq as Congress seeks to reaffirm its role in deciding to send troops to fight...The vote ended with a score of 65 to 28, more than the necessary 60 in the 100-member Senate, paving the way for a vote..."
3-29-2023 Newshound Guru Pimpy Is the IQD on life support? Yeah it is...Currencies around the world are being crushed right now by the US dollar. That's a fact. Not to mention the fact that on the open market/black market rate...at one time was 1750 dinars. It dropped down to 1500 which is a good moment but...1300 dinars for every dollar is the official rate. I think one of the ways to combat that would be to continue to increase the value of the IQD. Move it from 1300 dinars for every dollar down to somewhere around 1050 dinars for every dollar. It's a huge jump. It's big. It's not small. That's big.
3-29-2023 Intel Guru MarkZ [via PDK] My guesses or hunches: We are seeing a lot of scrambling as if they are preparing and trying to go between April 1st-3rd. It actually would not surprise me if we got notices today. It would not surprise me if we got notices in 3 weeks. ...it appears that 3 day window is in their targets. So my hunch is somewhere in there. But this is just a hunch.
3-29-2023 Newshound Guru Militia Man In the final stage, what we're expecting is the education of the citizens. On the street we're hearing that the citizens have been told about new things that are coming and it has to do with their currency. Not money but currency.
3-29-2023 Newshound Guru Clare Article: "Advisor to the Prime Minister: Iraq's economy is strong and moving towards improvement" Quote: "Salih reassured the Iraqis that Iraq's reserves are sufficient and freedom of transfer is available through legal frameworks and compliance, as imports are made at an exchange rate of 1,300 dinars to the dollar, which gives strength to the Iraqi dinar... The central bank's reserves today are around $115 billion, which is the largest reserve in the country's history."
3-29-2023 Intel Guru Frank26 Early summer of last year I started to tell you, you needed to start paying attention because...they are about to tell the Iraqi citizens everything about the new small category notes...back then...I said there wouldn't be any coins right away...UPDATE! UPDATE! ...it turns out the coins are coming out...what did you see this month? Articles about coins ...this is the month of March where they are educating them IMO. In the month of April IMO is where they are going to show them...new small category notes, with a new exchange rate and coins.
3-29-2023 Newshound/Intel Guru Mnt Goat Article: "MINISTER OF TRANSPORT: THE GOVERNMENT’S VISION ASPIRES TO TRANSFORM IRAQ INTO AN INTERNATIONAL TRADE CENTER BETWEEN ASIA AND EUROPE" ...I told you that Iraq is going to be a huge clearing house for the middle east between Asia (China) and Europe (EU). So here it is now in black and white from their own news media. Their words not mine…. No Rumors, No Hype, No Opinions...Just the FACTS! They can not possible continue with this approach with a program rate and not being an internationally traded currency.
3-28-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-28-2023 Intel Guru Frank26 Yes, you can go to the CBI website and it's at 1310 right now. You saw the article. The CBI governor is the one who's suggesting/presenting the 1132 exchange rate. When he approves it, it will be on the CBI website. They are talking about that's the next step. I told [Firefly] they're talking about making another change before we get to the 1 to 1. That's exactly what we told you... [NOTE: You can always see the latest official CBI dinar exchagne rate on the left side of this page]
3-28-2023 Newshound/Intel Guru Walkingstick [via Frank26] There's a serious media campaign of the monetary reform. It's getting louder and louder with each passing day...the last week of March has great potential for the monetary reform to expose more to the citizens.
3-28-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-28-2023 Intel Guru MarkZ [via PDK] We are getting a tremendous amount of chatter – surprisingly from Iraq. They seem to be on a expedited time scale. What I am hearing is to watch between the 1st and the 3rd right now. We are still trying to “vet” some things...They keep telling us they are about to have more money…we should listen to them.
3-28-2023 Newshound Guru Henig Article: "The Ministry of Planning discusses the effects of changing the exchange rate on the Iraqi market" Quote: "The meeting discussed a number of proposals and recommendations, which aim to address the repercussions of changing exchange rates on the economic and trade movement...the ministry will submit its recommendations to the Council of Ministers in the near future. Prime Minister Mohammed Shia al-Sudani had directed that the Ministry of Planning study the effects of changing the exchange rate on the Iraqi market."
3-28-2023 Newshound Guru Militia Man They have an agenda...to get their financial system...ceasing the multi-currency practices - which is not using the dollar. It's going to be using the dinar but they're also going to be able to clear on new platforms, all these different currency of the world.
3-28-2023 Newshound Guru Clare Article: "Al-Sudani’s Advisor Determines, Via Earth News, The Date For The Disappearance Of The Dollar Price Difference" Quote: "...Salih, set today, Tuesday, a date when the difference in the price of the dollar from the central bank will be removed from the market... The exchange market in Iraq is still gradually adapting to international compliance controls in financing foreign trade for the private sector...we find that the country is still dealing with two exchange rates, which is a very temporary matter that will disappear over time.”
3-28-2023 Guru Nader From The Mid East Everything is in place. Now we're just waiting for them to do something to make a move...
3-28-2023 Intel Guru MarkZ [via PDK] Article: “PM Advisor: Iraq economy is strong and moving toward improvement” ...They are literally telling you what they are doing. Quotes: “He emphasized that the situation is gradually improving as long as there is freedom in transferring the process that is subject to compliance” “Noting that during the next few weeks or months the official exchange rate will match with the parallel” What they are telling us is that the rate in the next few weeks will be in parallel with their assets…or their great wealth. They are telling you it is happening. Don’t panic about the timing…they have to say that to keep the timing confused…it is part of the process.
3-28-2023 Newshound Guru Pimpy Article: "USD/IQD rate declines in Baghdad, Erbil" The U.S. dollar is continuing to gain ground on the Iraqi dinar. This is not good. This is out of whack...the Iraqi dinar is not gaining in value versus the U.S. dollar and it's going in the wrong direction...
3-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: I went to go see my [bank] friend and he says with the dollar gone from ATM machines very soon we will have to see value more. And the lower notes and the fils, without these it will lead to hyper-inflation. The point has been set. Looks like soon more greater news is coming. FRANK: That's exactly right. This last week of March may be very explosive as they give you the final definitions and instructions of the monetary reform. Next Monday is when I hope they will show you your new national currency with value and the coins...I'm excited about what they are now telling you and showing you.
3-28-2023 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY WEALTH: ALL ROADS ARE OPEN TO PASSING THE OIL LAW IN PARLIAMENT" Quote: "A member of the Oil, Gas and Natural Resources Committee, Kazem Al-Tooki, revealed that there are parliamentary efforts to pass the oil and gas law soon, indicating that all roads are clear towards passing the law." This article is music to me when I read it…Yes we waiting so long to see this. Finally!!! Go RV!
3-28-2023 Intel Guru MarkZ [via PDK] Question: So if Vietnam goes when Iraq goes alone…will it float as well? MarkZ Answer: I am hearing from many contacts throughout the day today…that the rate may be fixed and should not be a float.
3-28-2023 Intel Guru Frank26 Yes, you can go to the CBI website and it's at 1310 right now. You saw the article. The CBI governor is the one who's suggesting/presenting the 1132 exchange rate. When he approves it, it will be on the CBI website. They are talking about that's the next step. I told [Firefly] they're talking about making another change before we get to the 1 to 1. That's exactly what we told you... [NOTE: You can always see the latest official CBI dinar exchagne rate on the left side of this page]
3-28-2023 Newshound/Intel Guru Walkingstick [via Frank26] There's a serious media campaign of the monetary reform. It's getting louder and louder with each passing day...the last week of March has great potential for the monetary reform to expose more to the citizens.
3-28-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-28-2023 Intel Guru MarkZ [via PDK] We are getting a tremendous amount of chatter – surprisingly from Iraq. They seem to be on a expedited time scale. What I am hearing is to watch between the 1st and the 3rd right now. We are still trying to “vet” some things...They keep telling us they are about to have more money…we should listen to them.
3-28-2023 Newshound Guru Henig Article: "The Ministry of Planning discusses the effects of changing the exchange rate on the Iraqi market" Quote: "The meeting discussed a number of proposals and recommendations, which aim to address the repercussions of changing exchange rates on the economic and trade movement...the ministry will submit its recommendations to the Council of Ministers in the near future. Prime Minister Mohammed Shia al-Sudani had directed that the Ministry of Planning study the effects of changing the exchange rate on the Iraqi market."
3-28-2023 Newshound Guru Militia Man They have an agenda...to get their financial system...ceasing the multi-currency practices - which is not using the dollar. It's going to be using the dinar but they're also going to be able to clear on new platforms, all these different currency of the world.
3-28-2023 Newshound Guru Clare Article: "Al-Sudani’s Advisor Determines, Via Earth News, The Date For The Disappearance Of The Dollar Price Difference" Quote: "...Salih, set today, Tuesday, a date when the difference in the price of the dollar from the central bank will be removed from the market... The exchange market in Iraq is still gradually adapting to international compliance controls in financing foreign trade for the private sector...we find that the country is still dealing with two exchange rates, which is a very temporary matter that will disappear over time.”
3-28-2023 Guru Nader From The Mid East Everything is in place. Now we're just waiting for them to do something to make a move...
3-28-2023 Intel Guru MarkZ [via PDK] Article: “PM Advisor: Iraq economy is strong and moving toward improvement” ...They are literally telling you what they are doing. Quotes: “He emphasized that the situation is gradually improving as long as there is freedom in transferring the process that is subject to compliance” “Noting that during the next few weeks or months the official exchange rate will match with the parallel” What they are telling us is that the rate in the next few weeks will be in parallel with their assets…or their great wealth. They are telling you it is happening. Don’t panic about the timing…they have to say that to keep the timing confused…it is part of the process.
3-28-2023 Newshound Guru Pimpy Article: "USD/IQD rate declines in Baghdad, Erbil" The U.S. dollar is continuing to gain ground on the Iraqi dinar. This is not good. This is out of whack...the Iraqi dinar is not gaining in value versus the U.S. dollar and it's going in the wrong direction...
3-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: I went to go see my [bank] friend and he says with the dollar gone from ATM machines very soon we will have to see value more. And the lower notes and the fils, without these it will lead to hyper-inflation. The point has been set. Looks like soon more greater news is coming. FRANK: That's exactly right. This last week of March may be very explosive as they give you the final definitions and instructions of the monetary reform. Next Monday is when I hope they will show you your new national currency with value and the coins...I'm excited about what they are now telling you and showing you.
3-28-2023 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY WEALTH: ALL ROADS ARE OPEN TO PASSING THE OIL LAW IN PARLIAMENT" Quote: "A member of the Oil, Gas and Natural Resources Committee, Kazem Al-Tooki, revealed that there are parliamentary efforts to pass the oil and gas law soon, indicating that all roads are clear towards passing the law." This article is music to me when I read it…Yes we waiting so long to see this. Finally!!! Go RV!
3-28-2023 Intel Guru MarkZ [via PDK] Question: So if Vietnam goes when Iraq goes alone…will it float as well? MarkZ Answer: I am hearing from many contacts throughout the day today…that the rate may be fixed and should not be a float.
3-27-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-27-2023 Newshound Guru Militia Man We are hearing things that are coming from Iraq that are about the exchange. We know Al-Sudani did a talk about the currency being strong and we had Al-Sustani talking about the currency and what you could do/what you can't do. That's really important because Al-Sustani is a very very very important figure in the nation of Iraq and the Middle East. The education has been ongoing and...they've had a little more communication with respect to the small category notes...
3-27-2023 Intel Guru Frank26 Question: "At exchange do they [the bank] file anything...?" They're not going file anything. You're on your own when you exchange your currency. It is your responsibility to report your capital gains...to pay your taxes. The banks are not going to tell Uncle Sam anything about you... [Community Comment] The bank automatically will report to the IRS any deposits of $10,000 or more. FRANK: that's true, any transaction worth over $10,000 ends up in our governments lap. [Note: Always consult your tax professionals to determine the proper taxes for your unique circumstances.]
3-27-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-27-2023 Intel Guru MarkZ [via PDK] ...we are being told from all of our sources that there is a “mad scramble” now to close any deal, tighten any loose ends …because the time scale has moved up and they are scrambling to get it out the door...It would not surprise me if it’s about to happen. It is very fluid and I hear it is moving very quickly. Expect a lot of back and forth news. Its close guys...We are watching it all play out like a “demolition derby”. I just need you to know where we are at right now and it’s a mad dash scramble to the finish line. I have not gotten this many emails, texts, calls and messages from this many people in a very long time. It certainly could be any moment.
3-27-2023 Newshound Guru Kaperoni Common dinar community comment - 'Kuwait RV'd thier dinar in 1992.' Not true. Keep in mind there's a significant difference between Kuwait and Iraq. Kuwait has billions of dinar in circulation, Iraq has trillions.
3-27-2023 Guru Nader From The Mid East I don't think it's gonna be 1 to 1. I think it's gonna go...between $3.28 and $3.50 directly. After this rate 1132 it's gonna be big thing to happen.
3-27-2023 Intel Guru Frank26 The world is pouring into Iraq because of the monetary reform that is exploding the economic reform. The only reason why the economic reform has been so successful is because they know very well what is happening with the budget of Iraq and they know how it is being funded and they know what's backing it...
3-27-2023 Intel Guru MarkZ [via PDK] It appears that Iraq has fired the shot heard around the financial world. They are preparing to go solo… It appears that many other countries want to go with them. Member Question: If the dinar and dong go separately…will they float? MarkZ Answer: Yes if they go alone we expect them to float. I still think there is a 90% chance they go all at once...We are now seeing a very clear end coming…that is super exciting to me.
3-27-2023 Newshound Guru Sandy Ingram Article: "Central bank sales exceed 800 million last week" Based on the Middle East News feeds it is important...The total sales of the Central Bank of Iraq through the window of selling hard currency to the dollar during the past week amounted to more than 800 million dollars. This news flash leads me to believe Iraq is becoming more and more like Panama each day, however Panama's currency is valued at 1 to 1 against the US dollar...Is Iraq hanging on to the US dollar so tightly because the foundation of their wealth is in US dollars? Meaning the oil revenue? ...this is a massive amount of exchange for the US dollar in one week.
3-27-2023 Newshound Guru Militia Man Everything we're seeing is phenomenal. They can't go back. They're gonna reprice at some point in time because they have to and I wouldn't be surprised if they are forced to talk about that very quickly...
3-27-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend from First Bank of Iraq has new global money transfers. He said this system just started. This screams international. FRANK: That's awesome! Yes it does!
3-27-2023 Intel Guru MarkZ [via PDK] Member comment: I hear Iraq’s ready. MarkZ Answer: Yes they are...I was told [the rate] between $1.61 and $1.68. We wont know for certain which one until we get there. They know it’s going to float to that $3+ range. ...I was told it was announced and they have let the world know that they are moving forward... And I was told they are going to go towards the end of Ramadan...[Ramadan ends April 20] I’ve been told...there is a hard push to get it out the doors in the next few days. The comforting part is we can now see the end.
3-27-2023 *** Dinar Guru News Update *** About 5 days ago various news outlets from Iraq suggested that the exchange rate of the Iraqi Dinar has experienced a significant increase to its highest value in several years, at 1132. Boots on the ground reports confirm the CBI and goverment offiicals made reference to this sudden change in value. However, it is important to note that despite these reports, the CBI has yet to officially change the rate of the Dinar, which currently stands at 1310. In the past, discrepancies of this nature typically clarified within 24 hours. However, as of now, no such clarity has been discovered. We enourage you to stay alert as we keep a close eye on this peculiar situation as we await the gurus insights and updates on what the heck is going on here. The latest guru posts will continue below...
3-27-2023 Newshound Guru Militia Man We are hearing things that are coming from Iraq that are about the exchange. We know Al-Sudani did a talk about the currency being strong and we had Al-Sustani talking about the currency and what you could do/what you can't do. That's really important because Al-Sustani is a very very very important figure in the nation of Iraq and the Middle East. The education has been ongoing and...they've had a little more communication with respect to the small category notes...
3-27-2023 Intel Guru Frank26 Question: "At exchange do they [the bank] file anything...?" They're not going file anything. You're on your own when you exchange your currency. It is your responsibility to report your capital gains...to pay your taxes. The banks are not going to tell Uncle Sam anything about you... [Community Comment] The bank automatically will report to the IRS any deposits of $10,000 or more. FRANK: that's true, any transaction worth over $10,000 ends up in our governments lap. [Note: Always consult your tax professionals to determine the proper taxes for your unique circumstances.]
3-27-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-27-2023 Intel Guru MarkZ [via PDK] ...we are being told from all of our sources that there is a “mad scramble” now to close any deal, tighten any loose ends …because the time scale has moved up and they are scrambling to get it out the door...It would not surprise me if it’s about to happen. It is very fluid and I hear it is moving very quickly. Expect a lot of back and forth news. Its close guys...We are watching it all play out like a “demolition derby”. I just need you to know where we are at right now and it’s a mad dash scramble to the finish line. I have not gotten this many emails, texts, calls and messages from this many people in a very long time. It certainly could be any moment.
3-27-2023 Newshound Guru Kaperoni Common dinar community comment - 'Kuwait RV'd thier dinar in 1992.' Not true. Keep in mind there's a significant difference between Kuwait and Iraq. Kuwait has billions of dinar in circulation, Iraq has trillions.
3-27-2023 Guru Nader From The Mid East I don't think it's gonna be 1 to 1. I think it's gonna go...between $3.28 and $3.50 directly. After this rate 1132 it's gonna be big thing to happen.
3-27-2023 Intel Guru Frank26 The world is pouring into Iraq because of the monetary reform that is exploding the economic reform. The only reason why the economic reform has been so successful is because they know very well what is happening with the budget of Iraq and they know how it is being funded and they know what's backing it...
3-27-2023 Intel Guru MarkZ [via PDK] It appears that Iraq has fired the shot heard around the financial world. They are preparing to go solo… It appears that many other countries want to go with them. Member Question: If the dinar and dong go separately…will they float? MarkZ Answer: Yes if they go alone we expect them to float. I still think there is a 90% chance they go all at once...We are now seeing a very clear end coming…that is super exciting to me.
3-27-2023 Newshound Guru Sandy Ingram Article: "Central bank sales exceed 800 million last week" Based on the Middle East News feeds it is important...The total sales of the Central Bank of Iraq through the window of selling hard currency to the dollar during the past week amounted to more than 800 million dollars. This news flash leads me to believe Iraq is becoming more and more like Panama each day, however Panama's currency is valued at 1 to 1 against the US dollar...Is Iraq hanging on to the US dollar so tightly because the foundation of their wealth is in US dollars? Meaning the oil revenue? ...this is a massive amount of exchange for the US dollar in one week.
3-27-2023 Newshound Guru Militia Man Everything we're seeing is phenomenal. They can't go back. They're gonna reprice at some point in time because they have to and I wouldn't be surprised if they are forced to talk about that very quickly...
3-27-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend from First Bank of Iraq has new global money transfers. He said this system just started. This screams international. FRANK: That's awesome! Yes it does!
3-27-2023 Intel Guru MarkZ [via PDK] Member comment: I hear Iraq’s ready. MarkZ Answer: Yes they are...I was told [the rate] between $1.61 and $1.68. We wont know for certain which one until we get there. They know it’s going to float to that $3+ range. ...I was told it was announced and they have let the world know that they are moving forward... And I was told they are going to go towards the end of Ramadan...[Ramadan ends April 20] I’ve been told...there is a hard push to get it out the doors in the next few days. The comforting part is we can now see the end.
3-27-2023 *** Dinar Guru News Update *** About 5 days ago various news outlets from Iraq suggested that the exchange rate of the Iraqi Dinar has experienced a significant increase to its highest value in several years, at 1132. Boots on the ground reports confirm the CBI and goverment offiicals made reference to this sudden change in value. However, it is important to note that despite these reports, the CBI has yet to officially change the rate of the Dinar, which currently stands at 1310. In the past, discrepancies of this nature typically clarified within 24 hours. However, as of now, no such clarity has been discovered. We enourage you to stay alert as we keep a close eye on this peculiar situation as we await the gurus insights and updates on what the heck is going on here. The latest guru posts will continue below...
3-26-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-26-2023 Guru Nader From The Mid East In our religion [Muslim] it's against our religion to make profits from Banks and everybody can tell you that and it's in the Quran. When you put your money in a bank and that money makes babies you give it back to the bank or you give it to poor people.
3-26-2023 Intel Guru Frank26 Question: "If we no longer have receipts or if we want to give some away do we need a receipt?" If you don't have a receipt that could be a problem for you. Not when you go to exchange but when you pay your taxes. You'll want to prove to the government you held your currency for at least 1 year in the sense of capital gains taxes. You see what Biden wants to do - charge everyone up to 39% for everyone make a certain amount of money. That's wicked...
3-26-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-26-2023 Newshound Guru Militia Man We're hearing there could very well be some repricing coming sometime in the next week or so or less. Repricing is important because it means they have a change coming. Let's see what happens in the next 24 and 28 hours.
3-26-2023 Newshound Guru Breitling Iraq's new strategy is...very simple. How do they expand their customer base? Right now they want to accept other currencies...it's very very good news.
3-26-2023 Newshound Guru Pimpy As we are all aware Ramadan has started. We're talking about 30 days of usually nothing really gets accomplished during this time. I'm not saying it won't but usually it doesn't.
3-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They have economist, CBI and parliament finance all on Channel One all day...talking about the lower notes and the fils. They say they're bringing them back to give the citizens purchasing power.
3-26-2023 Guru Nader From The Mid East There will not be an RV without new currencies. If you see new currencies comes out (I'm not saying it's gonna come out soon. I'm not saying when.) I'm saying if you see the new currency come out, exactly twelve days after that...there will be a new rate. They will not release the small category notes with no strong exchange rate.
3-26-2023 Newshound Guru Sandy Ingram The exchange rate...has changed online, which is a big deal. [It's now showing 1310 to 1 USD] This means what the parliament voted on is now factual globally.
3-26-2023 Intel Guru Frank26 Every day they're telling them more and more...they made another exchange rate change. And as we predicted it, it would happen before it takes them to an international float... [NOTE: The official CBI rate is still listed as 1310. You can always see the official CBI rate in the left column of this page.]
3-26-2023 Newshound Guru Militia Man [Boots on the ground report] Guest Guru PompeyPeter has a business relationship and friendship with people from some of the ministries over in Iraq and his brother, they own a business there that deals in banks...[Guest Guru] PompeyPeter got in contact with him again yesterday morning...they have a good conversation for about 10-15 minutes which is a pretty long call...at the end he says, 'Peter, get with me. Bring me something before the 31st of March.' We know what that means because he's expecting something just like we are. The man dealt with currency and he's a professional. He's a smart man/educated ...He's kind of brilliant in the way he acts and reacts to [Guest Guru] Peter because that's their culture...
3-26-2023 Newshound/Intel Guru Mnt Goat They have...fully de-pegged from the US dollar meaning the program rate will soon no longer apply. The dinar is now on an “informal” managed float inside Iraq. They have changed the entire structure of the currency auctions with the new Electronic Platform. They have moved the rate from 1450 to 1320 and now to 1132... if you read the 5 years redevelopment plan issued 5 years ago, they are right on track.
3-26-2023 Guru Nader From The Mid East In our religion [Muslim] it's against our religion to make profits from Banks and everybody can tell you that and it's in the Quran. When you put your money in a bank and that money makes babies you give it back to the bank or you give it to poor people.
3-26-2023 Intel Guru Frank26 Question: "If we no longer have receipts or if we want to give some away do we need a receipt?" If you don't have a receipt that could be a problem for you. Not when you go to exchange but when you pay your taxes. You'll want to prove to the government you held your currency for at least 1 year in the sense of capital gains taxes. You see what Biden wants to do - charge everyone up to 39% for everyone make a certain amount of money. That's wicked...
3-26-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-26-2023 Newshound Guru Militia Man We're hearing there could very well be some repricing coming sometime in the next week or so or less. Repricing is important because it means they have a change coming. Let's see what happens in the next 24 and 28 hours.
3-26-2023 Newshound Guru Breitling Iraq's new strategy is...very simple. How do they expand their customer base? Right now they want to accept other currencies...it's very very good news.
3-26-2023 Newshound Guru Pimpy As we are all aware Ramadan has started. We're talking about 30 days of usually nothing really gets accomplished during this time. I'm not saying it won't but usually it doesn't.
3-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They have economist, CBI and parliament finance all on Channel One all day...talking about the lower notes and the fils. They say they're bringing them back to give the citizens purchasing power.
3-26-2023 Guru Nader From The Mid East There will not be an RV without new currencies. If you see new currencies comes out (I'm not saying it's gonna come out soon. I'm not saying when.) I'm saying if you see the new currency come out, exactly twelve days after that...there will be a new rate. They will not release the small category notes with no strong exchange rate.
3-26-2023 Newshound Guru Sandy Ingram The exchange rate...has changed online, which is a big deal. [It's now showing 1310 to 1 USD] This means what the parliament voted on is now factual globally.
3-26-2023 Intel Guru Frank26 Every day they're telling them more and more...they made another exchange rate change. And as we predicted it, it would happen before it takes them to an international float... [NOTE: The official CBI rate is still listed as 1310. You can always see the official CBI rate in the left column of this page.]
3-26-2023 Newshound Guru Militia Man [Boots on the ground report] Guest Guru PompeyPeter has a business relationship and friendship with people from some of the ministries over in Iraq and his brother, they own a business there that deals in banks...[Guest Guru] PompeyPeter got in contact with him again yesterday morning...they have a good conversation for about 10-15 minutes which is a pretty long call...at the end he says, 'Peter, get with me. Bring me something before the 31st of March.' We know what that means because he's expecting something just like we are. The man dealt with currency and he's a professional. He's a smart man/educated ...He's kind of brilliant in the way he acts and reacts to [Guest Guru] Peter because that's their culture...
3-26-2023 Newshound/Intel Guru Mnt Goat They have...fully de-pegged from the US dollar meaning the program rate will soon no longer apply. The dinar is now on an “informal” managed float inside Iraq. They have changed the entire structure of the currency auctions with the new Electronic Platform. They have moved the rate from 1450 to 1320 and now to 1132... if you read the 5 years redevelopment plan issued 5 years ago, they are right on track.
3-25-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-25-2023 Intel Guru Frank26 Question "Should we exchange one smaller 3-zero note first or our 50,000 dinar note first?" It depends on how many dinars you have. If you have a lot you have a lot of options...it depends on what you have so I can't really answer that because we don't know what the variable are. [NOTE: Consult your financial advisor at the appropriate time to create an exchange plan suitable to your unique circumstances.]
3-25-2023 Newshound/Intel Guru Mnt Goat Are they conducting the project to delete the zeros to coincide with the reinstatement? They moved to taking the dollars out of the ATMs and they will only now dispense dinars. Rumors tells us they already recalibrated for the newer lower denominations and loaded them but I have to [no?] real proof of this occurring yet.
3-25-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-25-2023 Guru Nader From The Mid East It's good if something happened in the month of Ramadan. Why? Because it will give you more time to change your money instead of give you one week, two weeks, 30 days. They will give you more than that. Why? Because they know in Ramadan the Muslims they're not going to bing their money to the bank. They're not going to make any profit from that money. They know if they make a profit of that money they're going to give it away...
3-25-2023 Intel Guru Frank26 You see an article that says there's 70 trillion dinars out there. No. The article is wrong. It's translated wrong. They collected over 70 trillion 3-zero notes. That's what caused all the confusion.
3-25-2023 Newshound Guru Militia Man The next stage of the game is the final stage. That's my view. When they reveal, 'the direction and the plans of the central bank for the next stage to advancing the banking sector.' What are they trying to do? They're trying to get deposits. They want to lend money. They've got to a bottleneck IMV that suggests that they've got to a stage when...they need to lend money. Banks have a liquidity issue. They have to get deposits so they can lend. They need to get that money that's out there not-circulating, circulating.
3-25-2023 Newshound Guru Pimpy It [the Iraqi dinar rate] used to be 1190 dinars for every 1 dollar. Obviously 1132 is lower than that. So we have now passed where we were at the start of all this...The market rate is 1155 or 1158 over the 1132? That margin is much smaller than where it was before. That's maintainable.
3-25-2023 Newshound Guru Samson Article: ”Abdullah congratulates the advent of Ramadan and confirms that the House of Representatives will continue to perform its tasks and work".
3-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is showing the Central bank director of currency window and the CBI is on Channel One News...they're saying the CBI is training licensed banks on the electronic platform. It's a big deal. It's been going on all morning... FRANK: The CBI is educating you and training all the banks and their employees not only for internal use but right now they are preparing them for the float also. To be honest with you education is done it is the float they are teaching them...
3-25-2023 Intel Guru Bruce [via WiserNow] ...the Iraqi citizens have been exchanging in country at a decent rate just under seven and that’s an in country rate for dinar they've been getting...we're talking about the three zero notes, which would be 25k 10K 5k 1k notes...They take those notes in and get an exchange rate...times the number of dinar put into new Iraqi dinar, which is lower denominations...They're even flying certain Iraqi American citizens over to do exchanges back in Iraq at Rafidain bank...I think that will help them to clean up all of the three zero notes that might still be in Iraq... [NOTE: As of now the other gurus are not reporting lower denomination sightings or exchanges. We have not gotten guru concensus on this so stay tuned as this unfolds.]
3-25-2023 Intel Guru MarkZ [via PDK] Member Question: Have you any news about Vietnam Dong? Are they still looking like same time as Iraq? MarkZ Answer: ...I know the news articles make it look like Iraq is going alone…but banking sources still say they are all going together still.
3-25-2023 Intel Guru Frank26 Question "Should we exchange one smaller 3-zero note first or our 50,000 dinar note first?" It depends on how many dinars you have. If you have a lot you have a lot of options...it depends on what you have so I can't really answer that because we don't know what the variable are. [NOTE: Consult your financial advisor at the appropriate time to create an exchange plan suitable to your unique circumstances.]
3-25-2023 Newshound/Intel Guru Mnt Goat Are they conducting the project to delete the zeros to coincide with the reinstatement? They moved to taking the dollars out of the ATMs and they will only now dispense dinars. Rumors tells us they already recalibrated for the newer lower denominations and loaded them but I have to [no?] real proof of this occurring yet.
3-25-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-25-2023 Guru Nader From The Mid East It's good if something happened in the month of Ramadan. Why? Because it will give you more time to change your money instead of give you one week, two weeks, 30 days. They will give you more than that. Why? Because they know in Ramadan the Muslims they're not going to bing their money to the bank. They're not going to make any profit from that money. They know if they make a profit of that money they're going to give it away...
3-25-2023 Intel Guru Frank26 You see an article that says there's 70 trillion dinars out there. No. The article is wrong. It's translated wrong. They collected over 70 trillion 3-zero notes. That's what caused all the confusion.
3-25-2023 Newshound Guru Militia Man The next stage of the game is the final stage. That's my view. When they reveal, 'the direction and the plans of the central bank for the next stage to advancing the banking sector.' What are they trying to do? They're trying to get deposits. They want to lend money. They've got to a bottleneck IMV that suggests that they've got to a stage when...they need to lend money. Banks have a liquidity issue. They have to get deposits so they can lend. They need to get that money that's out there not-circulating, circulating.
3-25-2023 Newshound Guru Pimpy It [the Iraqi dinar rate] used to be 1190 dinars for every 1 dollar. Obviously 1132 is lower than that. So we have now passed where we were at the start of all this...The market rate is 1155 or 1158 over the 1132? That margin is much smaller than where it was before. That's maintainable.
3-25-2023 Newshound Guru Samson Article: ”Abdullah congratulates the advent of Ramadan and confirms that the House of Representatives will continue to perform its tasks and work".
3-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is showing the Central bank director of currency window and the CBI is on Channel One News...they're saying the CBI is training licensed banks on the electronic platform. It's a big deal. It's been going on all morning... FRANK: The CBI is educating you and training all the banks and their employees not only for internal use but right now they are preparing them for the float also. To be honest with you education is done it is the float they are teaching them...
3-25-2023 Intel Guru Bruce [via WiserNow] ...the Iraqi citizens have been exchanging in country at a decent rate just under seven and that’s an in country rate for dinar they've been getting...we're talking about the three zero notes, which would be 25k 10K 5k 1k notes...They take those notes in and get an exchange rate...times the number of dinar put into new Iraqi dinar, which is lower denominations...They're even flying certain Iraqi American citizens over to do exchanges back in Iraq at Rafidain bank...I think that will help them to clean up all of the three zero notes that might still be in Iraq... [NOTE: As of now the other gurus are not reporting lower denomination sightings or exchanges. We have not gotten guru concensus on this so stay tuned as this unfolds.]
3-25-2023 Intel Guru MarkZ [via PDK] Member Question: Have you any news about Vietnam Dong? Are they still looking like same time as Iraq? MarkZ Answer: ...I know the news articles make it look like Iraq is going alone…but banking sources still say they are all going together still.
3-24-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-24-2023 Guru Nader From The Mid East Whatever the CBI is gonna do ... the CBI make a decision everybody's gonna have to agree with it because this is a trust team...so whatever the CBI is going to decide everybody else is going to decide it's going to be happy. They're gonna have to sign off on it and that's it...
3-24-2023 Newshound/Intel Guru Mnt Goat Is the IQD going to be reinstated on FOREX...? We now see that they told us recently this is where they are heading very shortly...
3-24-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-24-2023 Newshound Guru Militia Man The triple zeros on our currency we have today...we believe...that's gonna change...one of the reason why I believe it's going to change is because Iraq is openly talking about coins. They're talking about smaller denominations. Those are the types of things that made me go, 'hmmmm, why did that happen?'
3-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The rate in the budget is going to exchangeable. They said it's going to start off at 1300 to 1 or whatever. It has room to play and change... FRANK: This is the RV phase...that's why there are multiple exchangeable rates for your budget but they're mainly for the float...This is massively huge for you to understand...It is not only exchangeable in the budget it will be exchangeable for you to be able to exchange the 3-zero notes to the new national currency they are bragging about.
3-24-2023 Newshound Guru Clare Article: "An economic institution indicates a rise in the inflation rate, which is the "highest" in Iraq in years" Quote: "The Future Iraq Foundation for Economic Studies and Consultations announced, on Friday, that the annual inflation rate for January 2023 has increased, reaching more than 8.2%, which is the highest rise in Iraq in years."
3-24-2023 Intel Guru Bruce [via WiserNow] ...here's one that came from the Vice President of HSBC - just last night – he indicated that we would be looking at our exchanges within the next three days...Thursday, Friday, Saturday. That's pretty specific. I think we could all live with that...I think we're supposed to keep an eye according to HSBC...the next...few days, Friday and Saturday...So I'm excited about that...we'll see what manifests in the next day or so.
3-24-2023 Guru Nader From The Mid East The smaller notes in the ATM machines...is not true. The ATMs are not allowed it with the small categories ...for sure I know...They can't put small category in the streets and I know because I asked somebody very close to me to get some money...from the ATMs in Baghdad and there's still the same categories notes. This happened yesterday.
3-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have heard much from the CBI governor...he's talking about having consistent pricing inside of Iraq...the only way of doing this is through having a strong currency...he is telling us how we are getting away from a dual currency and only deal in the Iraqi dinar in our nation for now on...the dinar will be strong and the reconstruction revolution is coming...All day the television Channel One has been educating us... FRANK: Monetary reform education! That's what you're getting buddy. And it's going to get louder.
3-24-2023 Newshound Guru Pimpy I've been out of the loop for 3 days but I went back and I did not see any article that I could find that said the official rate for the Iraqi dinar moved from 1300 dinars to 1132 dinars. I think this is a typo. I might be wrong...1132...would be phenomenal...If this is truly the new exchange rate, 1132, that's a huge jump in the value of the Iraqi dinar... The lower this number becomes...the better it is for us who have invested in the Iraqi dinar. [Post 2 of 2]
3-24-2023 Newshound Guru Pimpy What is the real exchange rate? ...the official rate is...1300...There's a discrepancy between the official rate and the market rate. When you read this article there's confusion and I can understand why. Article: "Ali Al-Alaq for Shafaq news: Wait for a decline at the parallel dollar exchange rate." Quote: "the parallel rate means the exchange are of the dollar in the market and not the official price set at 1132 dinars for every dollar." [Post 1 of 2....stay tuned]
3-24-2023 Intel Guru MarkZ [via PDK] Member Question: Is this our weekend Mark? MarkZ Answer: It could well be…IMO its getting exciting. I am hearing amazing things from banking contacts...Those who have been silent until now are suddenly giddy and excited. Redemption centers are geared up for this weekend…they are on a short “on call” status. They have to be able to at work within an hour of being called. Everyone is hoping this is going to be it...we don’t know the exact timing.
3-24-2023 Newshound Guru Militia Man What you and I and everybody else are waiting for is for the private sector. You're not going to get into the private sector without having an international acceptable exchange rate. They didn't do it at 1360 or 1166, 1192, 1460, 1310. What are they going to do when they change it to 1132? Really are they going to an international compliant currency at 1132? ...They're not going to go to the International market and be article VIII compliant at 1132.
3-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Channel One News just did an interview with the Finance Minister he's saying soon the dinar will be parallel with other middle eastern currencies in the region. FRANK: Are you kidding me? That's absolutely fantastic! That's insane for him to say that. In other words he's telling you that when they reach the REER of the float the dinar will be parallel with other middle eastern exchange rates...everyday they are telling you more and more. It's getting ridiculous with the excitement of the monetary reform! You are inches away from receiving your new small category notes and new exchange rate...
3-24-2023 Newshound/Intel Guru Mnt Goat Article: "THE RECONSTRUCTION OF IRAQ WITHIN A CLEARLY DEFINED VISION AND A DRAWN ROAD MAP BASED ON SEVERAL STAGES." ...the key phrase here is “several stages”...This reinstatement could not just pop out one day...But now we are in the stage of progress to get the dinar reinstated and then there are many more stages to work on the Iraqi economy. Folks they are following the plan as outlined in the “White Paper”. There is no secrets to what they are doing.
3-24-2023 Intel Guru yada ...Cant be stressed enough that the budget needs the rate, not the rate needs the budget. The budget is going through the motions and once the rate is released, it will sort itself out.
3-24-2023 Guru Nader From The Mid East Whatever the CBI is gonna do ... the CBI make a decision everybody's gonna have to agree with it because this is a trust team...so whatever the CBI is going to decide everybody else is going to decide it's going to be happy. They're gonna have to sign off on it and that's it...
3-24-2023 Newshound/Intel Guru Mnt Goat Is the IQD going to be reinstated on FOREX...? We now see that they told us recently this is where they are heading very shortly...
3-24-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-24-2023 Newshound Guru Militia Man The triple zeros on our currency we have today...we believe...that's gonna change...one of the reason why I believe it's going to change is because Iraq is openly talking about coins. They're talking about smaller denominations. Those are the types of things that made me go, 'hmmmm, why did that happen?'
3-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The rate in the budget is going to exchangeable. They said it's going to start off at 1300 to 1 or whatever. It has room to play and change... FRANK: This is the RV phase...that's why there are multiple exchangeable rates for your budget but they're mainly for the float...This is massively huge for you to understand...It is not only exchangeable in the budget it will be exchangeable for you to be able to exchange the 3-zero notes to the new national currency they are bragging about.
3-24-2023 Newshound Guru Clare Article: "An economic institution indicates a rise in the inflation rate, which is the "highest" in Iraq in years" Quote: "The Future Iraq Foundation for Economic Studies and Consultations announced, on Friday, that the annual inflation rate for January 2023 has increased, reaching more than 8.2%, which is the highest rise in Iraq in years."
3-24-2023 Intel Guru Bruce [via WiserNow] ...here's one that came from the Vice President of HSBC - just last night – he indicated that we would be looking at our exchanges within the next three days...Thursday, Friday, Saturday. That's pretty specific. I think we could all live with that...I think we're supposed to keep an eye according to HSBC...the next...few days, Friday and Saturday...So I'm excited about that...we'll see what manifests in the next day or so.
3-24-2023 Guru Nader From The Mid East The smaller notes in the ATM machines...is not true. The ATMs are not allowed it with the small categories ...for sure I know...They can't put small category in the streets and I know because I asked somebody very close to me to get some money...from the ATMs in Baghdad and there's still the same categories notes. This happened yesterday.
3-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have heard much from the CBI governor...he's talking about having consistent pricing inside of Iraq...the only way of doing this is through having a strong currency...he is telling us how we are getting away from a dual currency and only deal in the Iraqi dinar in our nation for now on...the dinar will be strong and the reconstruction revolution is coming...All day the television Channel One has been educating us... FRANK: Monetary reform education! That's what you're getting buddy. And it's going to get louder.
3-24-2023 Newshound Guru Pimpy I've been out of the loop for 3 days but I went back and I did not see any article that I could find that said the official rate for the Iraqi dinar moved from 1300 dinars to 1132 dinars. I think this is a typo. I might be wrong...1132...would be phenomenal...If this is truly the new exchange rate, 1132, that's a huge jump in the value of the Iraqi dinar... The lower this number becomes...the better it is for us who have invested in the Iraqi dinar. [Post 2 of 2]
3-24-2023 Newshound Guru Pimpy What is the real exchange rate? ...the official rate is...1300...There's a discrepancy between the official rate and the market rate. When you read this article there's confusion and I can understand why. Article: "Ali Al-Alaq for Shafaq news: Wait for a decline at the parallel dollar exchange rate." Quote: "the parallel rate means the exchange are of the dollar in the market and not the official price set at 1132 dinars for every dollar." [Post 1 of 2....stay tuned]
3-24-2023 Intel Guru MarkZ [via PDK] Member Question: Is this our weekend Mark? MarkZ Answer: It could well be…IMO its getting exciting. I am hearing amazing things from banking contacts...Those who have been silent until now are suddenly giddy and excited. Redemption centers are geared up for this weekend…they are on a short “on call” status. They have to be able to at work within an hour of being called. Everyone is hoping this is going to be it...we don’t know the exact timing.
3-24-2023 Newshound Guru Militia Man What you and I and everybody else are waiting for is for the private sector. You're not going to get into the private sector without having an international acceptable exchange rate. They didn't do it at 1360 or 1166, 1192, 1460, 1310. What are they going to do when they change it to 1132? Really are they going to an international compliant currency at 1132? ...They're not going to go to the International market and be article VIII compliant at 1132.
3-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Channel One News just did an interview with the Finance Minister he's saying soon the dinar will be parallel with other middle eastern currencies in the region. FRANK: Are you kidding me? That's absolutely fantastic! That's insane for him to say that. In other words he's telling you that when they reach the REER of the float the dinar will be parallel with other middle eastern exchange rates...everyday they are telling you more and more. It's getting ridiculous with the excitement of the monetary reform! You are inches away from receiving your new small category notes and new exchange rate...
3-24-2023 Newshound/Intel Guru Mnt Goat Article: "THE RECONSTRUCTION OF IRAQ WITHIN A CLEARLY DEFINED VISION AND A DRAWN ROAD MAP BASED ON SEVERAL STAGES." ...the key phrase here is “several stages”...This reinstatement could not just pop out one day...But now we are in the stage of progress to get the dinar reinstated and then there are many more stages to work on the Iraqi economy. Folks they are following the plan as outlined in the “White Paper”. There is no secrets to what they are doing.
3-24-2023 Intel Guru yada ...Cant be stressed enough that the budget needs the rate, not the rate needs the budget. The budget is going through the motions and once the rate is released, it will sort itself out.
3-23-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-23-2023 Guru Nader From The Mid East In our religion [Muslim] ...if I make a profit in the bank I have to give it up as a citizen. I'm not talking about companies...If I put my money in a bank and I make profit the whole month of Ramadan I have to give it up to poor people...bank...mosque. I have to give it up. That's why people will not go and change their money this month and bring it if they change the rate. Nobody's gonna move...this is a religion thing...
3-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see infomercials...one after the other on our television and they're talking about reintroducing fils/coins to us. Then they told us we will also be receiving lower notes and we're adding value to these lower notes and then they said the coins/fils will give us more purchasing power and when we buy things in the market we will not lose money no more do to having coins and lower notes with value. FRANK: Whoa!! ...you are right on the edge from receiving what they are bragging about to you. A new exchange rate that will match a new lower denomination along with coins to match them...this is absolutely stupendous...congratulations you are so close.
3-23-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-23-2023 Newshound Guru Sandy Ingram In 2021 OPEC member countries accounted for more than 80% of the world's proven oil reserves... proven reserves are when certified engineers have surveyed the land and reported on the profitability of the oil based on they analyzed reports...Iraq is #4 on the [OPEC proven crude oil reserves] list...Iraq has lots, lots more oil hidden under the earth. Iraq is literally floating on oil according to geologist reports...It is our hope that the oil industry will allow Iraq to revalue its currency at a higher rate against the US dollar.
3-23-2023 Newshound/Intel Gurus Walkingstick & Frank26 The monetary reform of the Iraqi dinar is asset backed. Some of you need that information in your calculations. Some of you need it in the float. Understand the monetary reform will be asset backed. And here's the key, it's not only tapped but untapped resources. Developed or not developed...the mineral industry from around the world is salivating to get started in Iraq...
3-23-2023 Intel Guru yada Doubt very much waiting on Ramadan is going to delay this, it a matter of the next quarter starting on the 1st and this machine is already in stride. Increasing the dinar's value will also give the other countries added value to their currencies just by having the dinar in their coffers. Its a done deal and expecting it any moment now.
3-23-2023 Newshound Guru Militia Man At this stage of the game we can't deny something's up and these guys are talking because Alaq is talking. Al-Sudani said hold your dinar, it's going to be worth more. He didn't say worth more than the dollar, he just said it's going to be worth more. All of these things are coming into play...I think their plan is brilliant at this stage of the game...I really do believe what the central bank is doing what we expect them to do and they're going to keep pounding the pavement moving forward. It's going to be good.
3-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI talking about 1132... FRANK: Do you recall when it was 1700 to 1... I told you look they just moved it's now 1300 to 1. I said our goal is for it to reach 1000 to 1 but {Firefly's} bank friend says he thinks it's going to hit 1190 then 1000 to 1 therefore to you we said IMO there will be one more exchange rate movement before it floats at 1 to 1. Remember that? FIREFLY: They're trying with new measures to get the parallel dollar rate in the market to mirror the official exchange rate. The street rate is still 1500 but they're trying to get it to be 1132. FRANK: 1132 is excellent! It keeps going in the right direction...The fact that it comes from the CBI it's crucial... Now I believe we will see 1000 to 1 as the next movement.
3-23-2023 Intel Guru MarkZ [via PDK] there is a lot of chatter that things may be starting over this evening. We shall see. We know we are close...the news out of Iraq continues to be fantastic. They are openly talking about their currency having parity with other countries in the region. I hear from all my sources that the RV is still in play and it doesn’t matter if its Ramadan.
3-23-2023 Guru Nader From The Mid East In the mosque in our Muslim religion they will...never mention money and tell you what to do with your money or not...They give you information that informs you, 'Okay the government send us letters next week or next month we're gonna change our money or our rate or something' and that's it. They will stop there...they will not go like, 'yeah we're gonna have the 50's and this is how they look.' They'll not educate you on that. They will inform you...The only people who can educate you on that is the CBI or...banks. This is how it is. This is how it works. Now he asked me if in mosque they informed about it? Yes, exactly they informed us about this. They never say when and what, why and when. They didn't say bigger or smaller. They said they're gonna change. [Post 2 of 2]
3-23-2023 Guru Nader From The Mid East I have a...very educated, very smart friend who lives in California. He knows a couple of things. He gives me a lot of information....some things I cannot tell them...I just hang up the phone with him and he was yelling at me because...He said, did the mosque talked about smaller currency? I didn't want to answer because [if] I say things, I don't want to look like an ass$%$# if it's not true or if it doesn't happen...So, yes, I told him, yes, they talked about it. He said, they trying to educate you about that? [Post 1 of 2....stay tuned]
3-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking about that 1134 all morning and all afternoon. They keep repeating it over and over again. They want the citizens to understand their exchange rate is moving and changing.
3-23-2023 Newshound/Intel Guru Mnt Goat ... I would be VERY SURPRISED if we got to June 1st and still did not see the reinstatement of the IQD on FOREX and have it trading. Personally I can even see April as a target… if we had not been to the bank...by then...I would be surprised. This event is moving that fast.
3-23-2023 Intel Guru MarkZ [via PDK] There is a lot of concern that this will not happen during Ramadan...Could they be waiting until after Ramadan? It’s possible. But I am hearing it will be sooner than that and during Ramadan ...I do not think we will be waiting another 30 days... We will know very soon.
3-23-2023 Guru Nader From The Mid East In our religion [Muslim] ...if I make a profit in the bank I have to give it up as a citizen. I'm not talking about companies...If I put my money in a bank and I make profit the whole month of Ramadan I have to give it up to poor people...bank...mosque. I have to give it up. That's why people will not go and change their money this month and bring it if they change the rate. Nobody's gonna move...this is a religion thing...
3-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see infomercials...one after the other on our television and they're talking about reintroducing fils/coins to us. Then they told us we will also be receiving lower notes and we're adding value to these lower notes and then they said the coins/fils will give us more purchasing power and when we buy things in the market we will not lose money no more do to having coins and lower notes with value. FRANK: Whoa!! ...you are right on the edge from receiving what they are bragging about to you. A new exchange rate that will match a new lower denomination along with coins to match them...this is absolutely stupendous...congratulations you are so close.
3-23-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-23-2023 Newshound Guru Sandy Ingram In 2021 OPEC member countries accounted for more than 80% of the world's proven oil reserves... proven reserves are when certified engineers have surveyed the land and reported on the profitability of the oil based on they analyzed reports...Iraq is #4 on the [OPEC proven crude oil reserves] list...Iraq has lots, lots more oil hidden under the earth. Iraq is literally floating on oil according to geologist reports...It is our hope that the oil industry will allow Iraq to revalue its currency at a higher rate against the US dollar.
3-23-2023 Newshound/Intel Gurus Walkingstick & Frank26 The monetary reform of the Iraqi dinar is asset backed. Some of you need that information in your calculations. Some of you need it in the float. Understand the monetary reform will be asset backed. And here's the key, it's not only tapped but untapped resources. Developed or not developed...the mineral industry from around the world is salivating to get started in Iraq...
3-23-2023 Intel Guru yada Doubt very much waiting on Ramadan is going to delay this, it a matter of the next quarter starting on the 1st and this machine is already in stride. Increasing the dinar's value will also give the other countries added value to their currencies just by having the dinar in their coffers. Its a done deal and expecting it any moment now.
3-23-2023 Newshound Guru Militia Man At this stage of the game we can't deny something's up and these guys are talking because Alaq is talking. Al-Sudani said hold your dinar, it's going to be worth more. He didn't say worth more than the dollar, he just said it's going to be worth more. All of these things are coming into play...I think their plan is brilliant at this stage of the game...I really do believe what the central bank is doing what we expect them to do and they're going to keep pounding the pavement moving forward. It's going to be good.
3-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI talking about 1132... FRANK: Do you recall when it was 1700 to 1... I told you look they just moved it's now 1300 to 1. I said our goal is for it to reach 1000 to 1 but {Firefly's} bank friend says he thinks it's going to hit 1190 then 1000 to 1 therefore to you we said IMO there will be one more exchange rate movement before it floats at 1 to 1. Remember that? FIREFLY: They're trying with new measures to get the parallel dollar rate in the market to mirror the official exchange rate. The street rate is still 1500 but they're trying to get it to be 1132. FRANK: 1132 is excellent! It keeps going in the right direction...The fact that it comes from the CBI it's crucial... Now I believe we will see 1000 to 1 as the next movement.
3-23-2023 Intel Guru MarkZ [via PDK] there is a lot of chatter that things may be starting over this evening. We shall see. We know we are close...the news out of Iraq continues to be fantastic. They are openly talking about their currency having parity with other countries in the region. I hear from all my sources that the RV is still in play and it doesn’t matter if its Ramadan.
3-23-2023 Guru Nader From The Mid East In the mosque in our Muslim religion they will...never mention money and tell you what to do with your money or not...They give you information that informs you, 'Okay the government send us letters next week or next month we're gonna change our money or our rate or something' and that's it. They will stop there...they will not go like, 'yeah we're gonna have the 50's and this is how they look.' They'll not educate you on that. They will inform you...The only people who can educate you on that is the CBI or...banks. This is how it is. This is how it works. Now he asked me if in mosque they informed about it? Yes, exactly they informed us about this. They never say when and what, why and when. They didn't say bigger or smaller. They said they're gonna change. [Post 2 of 2]
3-23-2023 Guru Nader From The Mid East I have a...very educated, very smart friend who lives in California. He knows a couple of things. He gives me a lot of information....some things I cannot tell them...I just hang up the phone with him and he was yelling at me because...He said, did the mosque talked about smaller currency? I didn't want to answer because [if] I say things, I don't want to look like an ass$%$# if it's not true or if it doesn't happen...So, yes, I told him, yes, they talked about it. He said, they trying to educate you about that? [Post 1 of 2....stay tuned]
3-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking about that 1134 all morning and all afternoon. They keep repeating it over and over again. They want the citizens to understand their exchange rate is moving and changing.
3-23-2023 Newshound/Intel Guru Mnt Goat ... I would be VERY SURPRISED if we got to June 1st and still did not see the reinstatement of the IQD on FOREX and have it trading. Personally I can even see April as a target… if we had not been to the bank...by then...I would be surprised. This event is moving that fast.
3-23-2023 Intel Guru MarkZ [via PDK] There is a lot of concern that this will not happen during Ramadan...Could they be waiting until after Ramadan? It’s possible. But I am hearing it will be sooner than that and during Ramadan ...I do not think we will be waiting another 30 days... We will know very soon.
3-22-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-22-2023 Guru Nader From The Mid East The 70 trillion dinars...they're still in the streets...Guru Pimpy remember when you used to say 130 trillion, 150 trillion now it's only 70 trillion left...In America it was 30 trillion dinars or something like that. In America only...they're gonna have to come out with a very good rate for you guys to return your money to the banks. You're not gonna give it for a thousand. You're not gonna give it for 800...500. If I was you I would not give it for 1 to 1 or 2 to 1. I'll wait, wait, wait, wait, wait, wait till you reach the maximum.
3-22-2023 Intel Guru Frank26 It was about two months ago the prime minister of Iraq, Sudani, comes on television and tells the Iraqi citizens...I would like to tell you I need you to hold onto your dinars...Less than a week later Sudani comes out on television...he adds...I'd like you to hold onto your dinars because soon it will have value...About a month ago Sudani comes on Iraqi television Channel One and tells Iraqi citizens I would like to tell you to hold onto your dinars...because soon they will have value...and you'll be exchanging your 3-zero notes. What?! ...last week Sudani adds again...you'll be able to change them for your new national currency. What!?! Last night the song got sweeter...
3-22-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-22-2023 Newshound Guru Militia Man Alaq...when he's saying he's got 70 trillion dinar outstanding, he's not necessarily saying he's got 70 trillion physical because they don't have that. They didn't print 70 trillion in cash and coins...you have to be careful with the M1 and M2 description... value is the key point...
3-22-2023 Intel Guru MarkZ [via PDK] ...The dinar has been so broken for so long that many of the day to day transactions are done with the US dollars or other currencies. They are doing what is necessary to de-dollarize and get more dinar in the hands of the people. They are telling the people their currency will soon be on par with other nations in the region. These other countries have the most valuable currencies in the world. Some over the $2 range. This tells us what their target is. We are getting close to the end and I really hope you guys can hang on.
3-22-2023 Intel Guru Bruce [via WiserNow] Iraq is done. There's nothing else they have to do...They've already started doing their exchanges in country. They've already got their international rate where they can trade Iraqi dinar and I think I think it's a big thing and it's really happening - so that's really good. ...the ISO 200 2022 When that kicked in, that really brought everything together...a very top source in the treasury told us...our toll free numbers, tier 4A...everything gets released - He said Wednesday or Thursday at the latest...Now that's as close as we can get – believe me - as high up as we can get to what's happening for us...So what that tells me is we are right there...
3-22-2023 Newshound Guru Pimpy Any other news being reported if it doesn't come from the central bank is just B.S.
3-22-2023 Guru Nader From The Mid East This new rate [1132] has been approved by everybody besides parliament. Parliament have to approve it now and that's it.
3-22-2023 Newshound Guru Sandy Ingram The real reason for the IQD RV delay...Iraq is expanding its tourism industry. If they can maintain safety for global travelers both Christians and Muslims from around the world have Iraq on their 'bucket list' of places to visit. Why? Because Iraq is important to both religions...This will lead to a massive number of US dollars and other global currencies. The IQD to the US dollar is 1300 dinar to 1 US dollar...US expats receive income in US dollars and we spend in the currency of the country we are in. We live well on less...Now ask yourself, 'Would you be quick to increase the value of your currency if you were Iraq?'
3-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani told the citizens hold on to dinar. Value is coming and we could exchange out 3-zero notes for the national currency... FRANK: There it is...these were the next words we told you they would introduce to you, your "national currency"!
3-22-2023 Newshound Guru Militia Man Triple zeros don't need coins. They don't need small denominations but yet they spent $50 million on it in 2018. Don't be alarmed to see them make an adjustment again for the currency to help the citizens out one more time. It's very possible we could see that happen. Let's just say they moved it back to 1100 or 1000 in a short period of time they would only do that to help the citizens. If they don't and we see something different, in a bigger way, I think you'll get the picture...
3-22-2023 Newshound Guru Clare Article: "Al-Alaq: 70 trillion dinars outside the banking system, and our next focus is on small projects" Quote: "there are more than 70 trillion dinars outside the banking system for circulation, and this is a very large amount and represents a high percentage of the gross domestic product, so it is necessary to focus in the next stage on finding the necessary means to activate the deposit movement through several procedures in this regard."
3-22-2023 Intel Guru MarkZ [via PDK] We did get some very positive news overnight…Awesome chatter and really great news. Something we were waiting for has occurred. They changed the official exchange rate to 1,132 dinar per US dollar...This was designed to get people to de-dollarize and citizens to hold onto their dinars...So when the RV they will get the economic benefits...Of course we all want a much bigger one, but this...is the last step before we see the lower denominations and a massive rate change. ...We also saw them reactivate coins…This is big...I think this is exciting. [NOTE: The CBI official rate is still listed as 1310. You can always see the official CBI rate in the left column of this page.]
3-22-2023 Guru Nader From The Mid East Tomorrow it's Ramadan... What's happening between now and after Ramadan it's big. Everybody's gonna be happy with it. The rate is gonna be 1132 for sure. It's gonna go down this month maybe...
3-22-2023 Intel Guru Frank26 Article: "Ali Al-Alaq to Shafaq News: Wait for a decrease in the exchange rate of the parallel dollar" [Boots on the ground Firefly] ... SAYS ON TV, CBI IS TALKING ABOUT 1132 AS RATE & TRYING WITH NEW MEASURES TO GET THE PARALLEL DOLLAR RATE IN THE STREET MARKETS TO MIRROR THE OFFICIAL RATE.
3-22-2023 Newshound/Intel Guru Mnt Goat If this was not all amazing news out pops an article about the coins and I quote – “issuing coins in order to restore the value of the small currency, which has become worthless in daily transaction”...for Iraq to now be talking about bringing back the coins is yet another sign they must first change the rate to give the coins real value...we know these coins are available and ready for distribution. [post 2 of 2]
3-22-2023 Newshound/Intel Guru Mnt Goat From my contact at the CBI: In the Mosque last Friday, they talked about the dinar once again. They told the people the dinar will “soon” be on the level of the other middle eastern currencies. So this explains to us why they published in Iraq that list of the top ten powerful currencies and it list the top 4 as middle eastern currencies ...Then to make our news even better, they said...that the “newer notes of lower numbers” meaning the new lower denominations would be out in public to support a new rate change. Folks they are preparing the public to what is about to come. [post 1 of 2....stay tuned]
3-22-2023 Newshound/Intel Guru RVAlready This now seems fairly straightforward - finish re-educating on the new currency in Iraq, and release the RV. Feels like we are about done.
3-22-2023 Guru Nader From The Mid East The 70 trillion dinars...they're still in the streets...Guru Pimpy remember when you used to say 130 trillion, 150 trillion now it's only 70 trillion left...In America it was 30 trillion dinars or something like that. In America only...they're gonna have to come out with a very good rate for you guys to return your money to the banks. You're not gonna give it for a thousand. You're not gonna give it for 800...500. If I was you I would not give it for 1 to 1 or 2 to 1. I'll wait, wait, wait, wait, wait, wait till you reach the maximum.
3-22-2023 Intel Guru Frank26 It was about two months ago the prime minister of Iraq, Sudani, comes on television and tells the Iraqi citizens...I would like to tell you I need you to hold onto your dinars...Less than a week later Sudani comes out on television...he adds...I'd like you to hold onto your dinars because soon it will have value...About a month ago Sudani comes on Iraqi television Channel One and tells Iraqi citizens I would like to tell you to hold onto your dinars...because soon they will have value...and you'll be exchanging your 3-zero notes. What?! ...last week Sudani adds again...you'll be able to change them for your new national currency. What!?! Last night the song got sweeter...
3-22-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-22-2023 Newshound Guru Militia Man Alaq...when he's saying he's got 70 trillion dinar outstanding, he's not necessarily saying he's got 70 trillion physical because they don't have that. They didn't print 70 trillion in cash and coins...you have to be careful with the M1 and M2 description... value is the key point...
3-22-2023 Intel Guru MarkZ [via PDK] ...The dinar has been so broken for so long that many of the day to day transactions are done with the US dollars or other currencies. They are doing what is necessary to de-dollarize and get more dinar in the hands of the people. They are telling the people their currency will soon be on par with other nations in the region. These other countries have the most valuable currencies in the world. Some over the $2 range. This tells us what their target is. We are getting close to the end and I really hope you guys can hang on.
3-22-2023 Intel Guru Bruce [via WiserNow] Iraq is done. There's nothing else they have to do...They've already started doing their exchanges in country. They've already got their international rate where they can trade Iraqi dinar and I think I think it's a big thing and it's really happening - so that's really good. ...the ISO 200 2022 When that kicked in, that really brought everything together...a very top source in the treasury told us...our toll free numbers, tier 4A...everything gets released - He said Wednesday or Thursday at the latest...Now that's as close as we can get – believe me - as high up as we can get to what's happening for us...So what that tells me is we are right there...
3-22-2023 Newshound Guru Pimpy Any other news being reported if it doesn't come from the central bank is just B.S.
3-22-2023 Guru Nader From The Mid East This new rate [1132] has been approved by everybody besides parliament. Parliament have to approve it now and that's it.
3-22-2023 Newshound Guru Sandy Ingram The real reason for the IQD RV delay...Iraq is expanding its tourism industry. If they can maintain safety for global travelers both Christians and Muslims from around the world have Iraq on their 'bucket list' of places to visit. Why? Because Iraq is important to both religions...This will lead to a massive number of US dollars and other global currencies. The IQD to the US dollar is 1300 dinar to 1 US dollar...US expats receive income in US dollars and we spend in the currency of the country we are in. We live well on less...Now ask yourself, 'Would you be quick to increase the value of your currency if you were Iraq?'
3-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani told the citizens hold on to dinar. Value is coming and we could exchange out 3-zero notes for the national currency... FRANK: There it is...these were the next words we told you they would introduce to you, your "national currency"!
3-22-2023 Newshound Guru Militia Man Triple zeros don't need coins. They don't need small denominations but yet they spent $50 million on it in 2018. Don't be alarmed to see them make an adjustment again for the currency to help the citizens out one more time. It's very possible we could see that happen. Let's just say they moved it back to 1100 or 1000 in a short period of time they would only do that to help the citizens. If they don't and we see something different, in a bigger way, I think you'll get the picture...
3-22-2023 Newshound Guru Clare Article: "Al-Alaq: 70 trillion dinars outside the banking system, and our next focus is on small projects" Quote: "there are more than 70 trillion dinars outside the banking system for circulation, and this is a very large amount and represents a high percentage of the gross domestic product, so it is necessary to focus in the next stage on finding the necessary means to activate the deposit movement through several procedures in this regard."
3-22-2023 Intel Guru MarkZ [via PDK] We did get some very positive news overnight…Awesome chatter and really great news. Something we were waiting for has occurred. They changed the official exchange rate to 1,132 dinar per US dollar...This was designed to get people to de-dollarize and citizens to hold onto their dinars...So when the RV they will get the economic benefits...Of course we all want a much bigger one, but this...is the last step before we see the lower denominations and a massive rate change. ...We also saw them reactivate coins…This is big...I think this is exciting. [NOTE: The CBI official rate is still listed as 1310. You can always see the official CBI rate in the left column of this page.]
3-22-2023 Guru Nader From The Mid East Tomorrow it's Ramadan... What's happening between now and after Ramadan it's big. Everybody's gonna be happy with it. The rate is gonna be 1132 for sure. It's gonna go down this month maybe...
3-22-2023 Intel Guru Frank26 Article: "Ali Al-Alaq to Shafaq News: Wait for a decrease in the exchange rate of the parallel dollar" [Boots on the ground Firefly] ... SAYS ON TV, CBI IS TALKING ABOUT 1132 AS RATE & TRYING WITH NEW MEASURES TO GET THE PARALLEL DOLLAR RATE IN THE STREET MARKETS TO MIRROR THE OFFICIAL RATE.
3-22-2023 Newshound/Intel Guru Mnt Goat If this was not all amazing news out pops an article about the coins and I quote – “issuing coins in order to restore the value of the small currency, which has become worthless in daily transaction”...for Iraq to now be talking about bringing back the coins is yet another sign they must first change the rate to give the coins real value...we know these coins are available and ready for distribution. [post 2 of 2]
3-22-2023 Newshound/Intel Guru Mnt Goat From my contact at the CBI: In the Mosque last Friday, they talked about the dinar once again. They told the people the dinar will “soon” be on the level of the other middle eastern currencies. So this explains to us why they published in Iraq that list of the top ten powerful currencies and it list the top 4 as middle eastern currencies ...Then to make our news even better, they said...that the “newer notes of lower numbers” meaning the new lower denominations would be out in public to support a new rate change. Folks they are preparing the public to what is about to come. [post 1 of 2....stay tuned]
3-22-2023 Newshound/Intel Guru RVAlready This now seems fairly straightforward - finish re-educating on the new currency in Iraq, and release the RV. Feels like we are about done.
3-21-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The budget we heard has a rate of 1300 but also has amendments are coming to the budget... FRANK: I believe the budget will be exposed hopefully with the new exchange rate...and somewhere in there they are going to give you what they are bragging about...this is beyond exciting! ...as far as the budget coming out at 1300 to 1...they will amend it...there is a retroaction that will amend the exchange rate in the budget and prepare your currency to start a float. I pray that it starts 1 to 1. It could start lower. But the most important thing is that it is now starting.
3-21-2023 Newshound Guru Breitling It's always been strange. When we first got into this and I started reporting on it there was more a buzz coming from Iraq, 'when are they going to add value?' than there is today. But today they're in a better position to do it. So it's kind of strange.
3-21-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-21-2023 Newshound Guru Henig Article: "Political insistence on enacting law 'postponed' 16 years ago - urgent" Quote: "the law has remained for 16 years in the shelves of parliament, but the political agreement stipulated that it be passed, and this is what was included in the government program of Prime Minister Mohammed Shia al-Sudani as well. This law has become an urgent legislation because oil belongs to all the Iraqi people, and this law will guarantee the right for all...Halbousi added, the good relationship between the federal government and the regional government will soon push the legislation of this law."
3-21-2023 Newshound Guru Clare Article "Ali Al-Alaq to Shafaq News: Wait for a decrease in the exchange rate of the parallel dollar" Quote "The Governor of the Central Bank of Iraq, Ali Al-Alaq, expected, on Tuesday, a decrease in the parallel dollar exchange rate (the market price and local exchange rates) during the coming period...The parallel price means the exchange rate of the dollar in the market and exchanges, and not the official price set at 1132 dinars per dollar, according to the decision of the Board of Directors of the Central Bank of Iraq, which was approved by the Council of Ministers." [NOTE: The official CBI rate is 1310...this article states 1132. Is the article an error, leak and/or foreshadowing of what's coming? Stay tuned as the gurus chime in on this major oversight..]
3-21-2023 Newshound Guru Militia Man Alaq the central bank governor came out today and he talked about that they have more than 70 trillion dinars outside the banking system for circulation....I believe he's saying in value terms - that they have 70 trillion dinars worth of assets or value out there. So be careful when you see that and you read it...I think...when he says he has 70 trillion dinars he's talking about he's got a lot of money in assets. That means he can support and defend his currency. That's my belief. We'll have to see how it turns out but it really does sound like it's going in our direction.
3-21-2023 Guru Nader From The Mid East I'm sure you all heard about the 73 trillion dinars...They're talking about the 70 trillion we in America, Canada, Australia, France, Iraq, wherever in the world - we're sitting on it and we don't want to give it up...The good news here...to get the 70 trillion dinars back to the bank of Iraq they're gonna have to come out with a very good rate...to make whoever hold the money happy. That's the good thing about it.
3-21-2023 Newshound Guru Samson Article: ”Central Bank Governor: We have more than 70 trillion dinars outside the banking system for circulation"
3-21-2023 Intel Guru Frank26 FIREFLY: Then they told us in phase 1 they have collected over 60 trillion 3-zero notes and they expect more to be collected during phase 2...he explained this will help stabilize the economy and control inflation... FRANK: These are the final days...of your monetary reform. It is the start of the economic reform...Both of your reforms will bring forth your explosion in your country...it is coming to an apex. It is coming faster than they can print it and show it to you...we believe at the beginning of next month they will give it to you. [Post 2 of 2]
3-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is on News Channel One...being interviewed. He's saying he wants to explain to the citizens Phase II and tell us about the 6 new exchange branches they told us about in and around Baghdad...This is part of the plan of step 2 to collect the 3-zero notes from the citizens and replace them with lower notes... FRANK: It's been a campaign of massive advertisement for the 3rd day now. They won't stop. They keep talking to the citizens of Iraq on their Channel One news... [Post 1 of 2....stay tuned]
3-21-2023 Intel Guru MarkZ [via PDK] We are getting more articles from Iraq that the HCL is done. But, I do not have confirmation it has been completed and signed by parliament yet. We are just waiting for them to drop the new rate. ...It was explained to me by bankers that the stackers in ATMS there are set to dispense different size bills right now…
3-21-2023 Intel Guru RayRen98 Member comment: THE BANKS GOT UPDATED RATES, THINGS ARE FLOWING THEY ARE MORE EXCITED THAN BEFORE - RAY WILL GO OVER THE RATES... RAYRen98: DINAR $6.80 DONG - 3 - 4...
3-21-2023 Intel Guru yada We are in the midst of the process...close enough to see the rate...A good week for us. As to how fast is of no matter, fact it has started...The activation of the ISO 202022 [international standard for relaying electronic messages between financial institutions.] was activated today so all the digital systems are connnected. The SWIFT system on steriods connected with the regional BUMA system who will clear the dinar. And the lower denoms being released. The trigger for us to now the rate is being released.
3-21-2023 Intel Guru MarkZ [via PDK] We are seeing some really substantial rates bouncing around the screens. $6.80 has been one we have seen for the dinar. We don’t know if that is a real rate or a place holder. We are also seeing dong showing up over $4 regularly. We really don’t know if they are placeholders or real rates...
3-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The budget we heard has a rate of 1300 but also has amendments are coming to the budget... FRANK: I believe the budget will be exposed hopefully with the new exchange rate...and somewhere in there they are going to give you what they are bragging about...this is beyond exciting! ...as far as the budget coming out at 1300 to 1...they will amend it...there is a retroaction that will amend the exchange rate in the budget and prepare your currency to start a float. I pray that it starts 1 to 1. It could start lower. But the most important thing is that it is now starting.
3-21-2023 Newshound Guru Breitling It's always been strange. When we first got into this and I started reporting on it there was more a buzz coming from Iraq, 'when are they going to add value?' than there is today. But today they're in a better position to do it. So it's kind of strange.
3-21-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-21-2023 Newshound Guru Henig Article: "Political insistence on enacting law 'postponed' 16 years ago - urgent" Quote: "the law has remained for 16 years in the shelves of parliament, but the political agreement stipulated that it be passed, and this is what was included in the government program of Prime Minister Mohammed Shia al-Sudani as well. This law has become an urgent legislation because oil belongs to all the Iraqi people, and this law will guarantee the right for all...Halbousi added, the good relationship between the federal government and the regional government will soon push the legislation of this law."
3-21-2023 Newshound Guru Clare Article "Ali Al-Alaq to Shafaq News: Wait for a decrease in the exchange rate of the parallel dollar" Quote "The Governor of the Central Bank of Iraq, Ali Al-Alaq, expected, on Tuesday, a decrease in the parallel dollar exchange rate (the market price and local exchange rates) during the coming period...The parallel price means the exchange rate of the dollar in the market and exchanges, and not the official price set at 1132 dinars per dollar, according to the decision of the Board of Directors of the Central Bank of Iraq, which was approved by the Council of Ministers." [NOTE: The official CBI rate is 1310...this article states 1132. Is the article an error, leak and/or foreshadowing of what's coming? Stay tuned as the gurus chime in on this major oversight..]
3-21-2023 Newshound Guru Militia Man Alaq the central bank governor came out today and he talked about that they have more than 70 trillion dinars outside the banking system for circulation....I believe he's saying in value terms - that they have 70 trillion dinars worth of assets or value out there. So be careful when you see that and you read it...I think...when he says he has 70 trillion dinars he's talking about he's got a lot of money in assets. That means he can support and defend his currency. That's my belief. We'll have to see how it turns out but it really does sound like it's going in our direction.
3-21-2023 Guru Nader From The Mid East I'm sure you all heard about the 73 trillion dinars...They're talking about the 70 trillion we in America, Canada, Australia, France, Iraq, wherever in the world - we're sitting on it and we don't want to give it up...The good news here...to get the 70 trillion dinars back to the bank of Iraq they're gonna have to come out with a very good rate...to make whoever hold the money happy. That's the good thing about it.
3-21-2023 Newshound Guru Samson Article: ”Central Bank Governor: We have more than 70 trillion dinars outside the banking system for circulation"
3-21-2023 Intel Guru Frank26 FIREFLY: Then they told us in phase 1 they have collected over 60 trillion 3-zero notes and they expect more to be collected during phase 2...he explained this will help stabilize the economy and control inflation... FRANK: These are the final days...of your monetary reform. It is the start of the economic reform...Both of your reforms will bring forth your explosion in your country...it is coming to an apex. It is coming faster than they can print it and show it to you...we believe at the beginning of next month they will give it to you. [Post 2 of 2]
3-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is on News Channel One...being interviewed. He's saying he wants to explain to the citizens Phase II and tell us about the 6 new exchange branches they told us about in and around Baghdad...This is part of the plan of step 2 to collect the 3-zero notes from the citizens and replace them with lower notes... FRANK: It's been a campaign of massive advertisement for the 3rd day now. They won't stop. They keep talking to the citizens of Iraq on their Channel One news... [Post 1 of 2....stay tuned]
3-21-2023 Intel Guru MarkZ [via PDK] We are getting more articles from Iraq that the HCL is done. But, I do not have confirmation it has been completed and signed by parliament yet. We are just waiting for them to drop the new rate. ...It was explained to me by bankers that the stackers in ATMS there are set to dispense different size bills right now…
3-21-2023 Intel Guru RayRen98 Member comment: THE BANKS GOT UPDATED RATES, THINGS ARE FLOWING THEY ARE MORE EXCITED THAN BEFORE - RAY WILL GO OVER THE RATES... RAYRen98: DINAR $6.80 DONG - 3 - 4...
3-21-2023 Intel Guru yada We are in the midst of the process...close enough to see the rate...A good week for us. As to how fast is of no matter, fact it has started...The activation of the ISO 202022 [international standard for relaying electronic messages between financial institutions.] was activated today so all the digital systems are connnected. The SWIFT system on steriods connected with the regional BUMA system who will clear the dinar. And the lower denoms being released. The trigger for us to now the rate is being released.
3-21-2023 Intel Guru MarkZ [via PDK] We are seeing some really substantial rates bouncing around the screens. $6.80 has been one we have seen for the dinar. We don’t know if that is a real rate or a place holder. We are also seeing dong showing up over $4 regularly. We really don’t know if they are placeholders or real rates...
3-20-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-20-2023 Newshound Guru Pimpy Looks like the momentum is in favor of Iraq and this new government. All the things we've been speaking about over the last couple days seem to be happening quickly...We got a 3-year budget now in the hands of the representatives. It looks like we have an agreement between Kurdistan and the federal government of Iraq. All seems well so far in Iraq.
3-20-2023 Intel Guru Frank26 Article: "The Governor of the Central Bank of Iraq appoints "Al-Haimus" as his deputy" THEY'RE BRINGING IN MANY NEW DEPUTY GOVERNORS BECAUSE IT'S A NEW MONETARY REFORM PLAN. Quote: "Al-Haimus had worked as general manager of the Trade Bank of Iraq (TBI) and head of the Securities Commission." THE MONETARY REFORM IS SECURE.
3-20-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-20-2023 Intel Guru MarkZ [via PDK] We do have some news coming out of Iraq. “The Central bank of Iraq is preparing a lending strategy and recommends a plan to attract deposits” Why is this important? Because you have to have a workable currency to be loaning money…right? Not a currency that is worthless.
3-20-2023 Guru Nader From The Mid East "Fifth Baghdad International Dialogue Conference -US Ambassador...Iraq can reach energy self-sufficiency in 10 years. Some say in less time...approximately half of Iraq's population is under 20...they want the skills necessary to compete in an increasingly connected global economy...they want a strong economy including a vibrant private sector that produces jobs...The United States is committed to help Iraq build its economic foundation..."
3-20-2023 Newshound Guru Sandy Ingram A Republican Senator or Representative has introduced a bill in congress to get rid of the Income tax and possibly the IRS. This could mean NO taxes on our exchange. There's a long road before any of this could happen...
3-20-2023 Newshound Guru Clare Article: "Al-Sudani: We look forward to transforming Iraq into a center for world trade through the Al-Faw port project" Quote: "..transforming Iraq into a center for global trade between Asia and Europe through the great port of Faw project and everything related to it." economic zones, residential communities and tourist attractions. We look forward from this giant project, which will extend over an area of more than 20 square miles, to open the way for an economic boom for Iraq,"
3-20-2023 Intel Guru Frank26 The lower denoms and the new exchange rate have to coincide together. IMO the lower denominations is the most important thing for us right now...because you cannot be given the lower denoms the way you're being given the budget. The budget can be foretold but the new small category notes...are the trigger for...everything...the lower denoms will never come out without the new exchange rate.
3-20-2023 Newshound Guru Militia Man Quote: 'The finance committee and the Iraqi parliament calls on the central bank to reintroduce the metal currency.' This was on the 17th - reintroduce metal currency. Why would you reintroduce metal currency if in fact you're going to come out as they state in the budget - 1300? Sounds to me from what we've read in the article...they have a caveat that they can amend the budget at any time... Quote: "small coins facilitate many daily banking transactions as the use of metal denominations and their circulation will give currency a legal value." So not only do they have value but it's legal... [Post 2 of 2]
3-20-2023 Newshound Guru Militia Man They spent somewhere around $49,429,000 in 2018...on currency issuance. That would be for the new small category notes and potentially the fils, which are coins...March 17th there was the article that came out about the coins. It also spoke about the deletion of the zeros. Those 2 things go hand in hand. Quote: "the central bank is the only one responsible for supplying the currency, bank notes and coins to the country of Iraq." That's the central bank's job. They did that in 2018...we know they did issue currency to the tune of about just under $50 million worth and they did it for a reason. [Post 1 of 2....stay tuned]
3-20-2023 Intel Guru MarkZ [via PDK] It is looking like a great week. They are being forced into a corner where they don’t have a choice. One of the...big pieces of news coming out of Iraq is about coins and how they will be “immediately“ usable. The first story broke late Thursday into Friday. Then rumors and more confirmations over the weekend... Currently the $50 dinar note is only worth .4 cents or so. A coin is only worth a fraction of a single dinar. This would make no sense. But we have had some clear indicators out of Iraq that 1. The rate in the budget is now changeable. And 2. Coins can be used immediately to support the lower denominations. This is really important. Denominations of their coins is similar to our coins in Iraq...them being able to use coins is huge.
3-20-2023 Newshound Guru Pimpy Article: "Iraq Must Not Squander Another Opportunity to Rebuild" It's the 20th anniversary of our attack on Iraq...20 years since the start of the war, since Iraq has been "liberated"...I like to believe this time around things are going to be different. I'm not happy about what happened with Sadr bailing out and allowing the coordinated framework to be there but so far the coordinated framework appeared to be doing all the right things. Let's hope they stay down that path - not for their own sake but for the sake of the Iraqi people...
3-20-2023 Intel Guru Frank26 It is my opinion you will see an exchange rate about a week before April 1st. Why would I have have such an opinion? You don't have the budget. You don't have the exchange rate. But once you have the exchange rate you can have anything you want in that budget. Do you have the budget? No. Did they tell you it's coming? Yes. For 3 years. Did they give you the rate for the budget? No.
3-20-2023 Newshound Guru Pimpy Looks like the momentum is in favor of Iraq and this new government. All the things we've been speaking about over the last couple days seem to be happening quickly...We got a 3-year budget now in the hands of the representatives. It looks like we have an agreement between Kurdistan and the federal government of Iraq. All seems well so far in Iraq.
3-20-2023 Intel Guru Frank26 Article: "The Governor of the Central Bank of Iraq appoints "Al-Haimus" as his deputy" THEY'RE BRINGING IN MANY NEW DEPUTY GOVERNORS BECAUSE IT'S A NEW MONETARY REFORM PLAN. Quote: "Al-Haimus had worked as general manager of the Trade Bank of Iraq (TBI) and head of the Securities Commission." THE MONETARY REFORM IS SECURE.
3-20-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-20-2023 Intel Guru MarkZ [via PDK] We do have some news coming out of Iraq. “The Central bank of Iraq is preparing a lending strategy and recommends a plan to attract deposits” Why is this important? Because you have to have a workable currency to be loaning money…right? Not a currency that is worthless.
3-20-2023 Guru Nader From The Mid East "Fifth Baghdad International Dialogue Conference -US Ambassador...Iraq can reach energy self-sufficiency in 10 years. Some say in less time...approximately half of Iraq's population is under 20...they want the skills necessary to compete in an increasingly connected global economy...they want a strong economy including a vibrant private sector that produces jobs...The United States is committed to help Iraq build its economic foundation..."
3-20-2023 Newshound Guru Sandy Ingram A Republican Senator or Representative has introduced a bill in congress to get rid of the Income tax and possibly the IRS. This could mean NO taxes on our exchange. There's a long road before any of this could happen...
3-20-2023 Newshound Guru Clare Article: "Al-Sudani: We look forward to transforming Iraq into a center for world trade through the Al-Faw port project" Quote: "..transforming Iraq into a center for global trade between Asia and Europe through the great port of Faw project and everything related to it." economic zones, residential communities and tourist attractions. We look forward from this giant project, which will extend over an area of more than 20 square miles, to open the way for an economic boom for Iraq,"
3-20-2023 Intel Guru Frank26 The lower denoms and the new exchange rate have to coincide together. IMO the lower denominations is the most important thing for us right now...because you cannot be given the lower denoms the way you're being given the budget. The budget can be foretold but the new small category notes...are the trigger for...everything...the lower denoms will never come out without the new exchange rate.
3-20-2023 Newshound Guru Militia Man Quote: 'The finance committee and the Iraqi parliament calls on the central bank to reintroduce the metal currency.' This was on the 17th - reintroduce metal currency. Why would you reintroduce metal currency if in fact you're going to come out as they state in the budget - 1300? Sounds to me from what we've read in the article...they have a caveat that they can amend the budget at any time... Quote: "small coins facilitate many daily banking transactions as the use of metal denominations and their circulation will give currency a legal value." So not only do they have value but it's legal... [Post 2 of 2]
3-20-2023 Newshound Guru Militia Man They spent somewhere around $49,429,000 in 2018...on currency issuance. That would be for the new small category notes and potentially the fils, which are coins...March 17th there was the article that came out about the coins. It also spoke about the deletion of the zeros. Those 2 things go hand in hand. Quote: "the central bank is the only one responsible for supplying the currency, bank notes and coins to the country of Iraq." That's the central bank's job. They did that in 2018...we know they did issue currency to the tune of about just under $50 million worth and they did it for a reason. [Post 1 of 2....stay tuned]
3-20-2023 Intel Guru MarkZ [via PDK] It is looking like a great week. They are being forced into a corner where they don’t have a choice. One of the...big pieces of news coming out of Iraq is about coins and how they will be “immediately“ usable. The first story broke late Thursday into Friday. Then rumors and more confirmations over the weekend... Currently the $50 dinar note is only worth .4 cents or so. A coin is only worth a fraction of a single dinar. This would make no sense. But we have had some clear indicators out of Iraq that 1. The rate in the budget is now changeable. And 2. Coins can be used immediately to support the lower denominations. This is really important. Denominations of their coins is similar to our coins in Iraq...them being able to use coins is huge.
3-20-2023 Newshound Guru Pimpy Article: "Iraq Must Not Squander Another Opportunity to Rebuild" It's the 20th anniversary of our attack on Iraq...20 years since the start of the war, since Iraq has been "liberated"...I like to believe this time around things are going to be different. I'm not happy about what happened with Sadr bailing out and allowing the coordinated framework to be there but so far the coordinated framework appeared to be doing all the right things. Let's hope they stay down that path - not for their own sake but for the sake of the Iraqi people...
3-20-2023 Intel Guru Frank26 It is my opinion you will see an exchange rate about a week before April 1st. Why would I have have such an opinion? You don't have the budget. You don't have the exchange rate. But once you have the exchange rate you can have anything you want in that budget. Do you have the budget? No. Did they tell you it's coming? Yes. For 3 years. Did they give you the rate for the budget? No.
3-19-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-19-2023 Guru Nader From The Mid East I'm surprised the rate didn't have changed yet too. A lot of friends of mine they're surprised. We see. Monday is the 20th anniversary of Iraq. We'll see what's going on...
3-19-2023 Intel Guru Frank26 Question: "Will there be taxes on our exchange?" Yeah. Please don't present this is not a capital gain tax...on what planet did you ever not pay taxes for anything? ...you pay taxes for everything...Be around so that you can pay taxes... [Note: Different Gurus have differing views on tax obligations of exchanging IQD. Consult your tax professionals at the appropriate time to determine the taxes for your unique circumstances.]
3-19-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-19-2023 Newshound Guru Militia Man Because they're going to try and facilitate the transfer of monies in international trade in foreign currencies ... with the Iraqi dinar. As far as I can tell that happened...I think we can take it seriously that something's really up...the migration of the ISO-20022 is an international payment transaction system starts the 18th to 19th. The data is out there. It's not something they're gonna not do...as of yesterday they're basically stating that they have no delays and they're going to migrate... [Post 2 of 2]
3-19-2023 Newshound Guru Militia Man [CBI governor Alaq talking about Iraqi dinar becoming a major currency] The central bank is trying to reevaluate all monetary policies and to control the dollar in the parallel market expanding the circle of direct dealings in international currencies. That was back in February...they were including...yuan...euro... yen...and dollar...Why is that important? [Post 1 of 2....stay tuned]
3-19-2023 Guest Guru GameofPatience the budget is waiting on the rate. Kuwait changed their rate on 3/24/91, this year that would be the weekend of 3-25/26. Iraq and Kuwait have the same budget periods April - March.
3-19-2023 Guest Guru BobTheTaxMan We as private holders of this currency were considered speculators anticipating gains from this revaluation ...This is not tradable on the Forex. It's not even usable here in the United States...for us [In the United States] we're just holders. That's part of the reason why it's being treated as an ordinary income instead of a long-term capital gains. [NOTE - Consult your financial and tax professionals at the appropriate time to determine the right taxes for your unique situation and circumstances.]
3-19-2023 Intel Guru MarkZ [via PDK] Now this is important: Coming out of state.gov. www.state.gov/report/custom/6fbb1fb8fe-5/ Under the section titled “Foreign Exchange and Remittance”... Section 6/paragraph 2... It states: The currency of Iraq is the dinar. Here is the important part. “There are no taxes or subsidies on the purchase or sales of foreign exchange” Now this is about Iraq and treaties with IQD and the US …so we don’t know for sure on other currencies. But the US government is clear on this one. No Taxes on exchanging IQD. [Note: It is unclear if this document is referring to bank business or individual investors or both. Consult tax professionals at the appropriate time to determine the taxes for your unique situation.]
3-19-2023 Intel Guru Frank26 Article: "Why does not Iraq re-adopt the coin?" Quote: "The Central Bank is the only one responsible for supplying the country with its banknotes and coins, while Iraq stopped its dealings with "coin" years ago, despite the continuation of its work after 2003." THE MONETARY REFORM EDUCATION IS REACHING ALL THE LEVELS... WHY TEACH ABOUT THE COINS? BECAUSE THEY ARE NOW COMING OUT WITH THE NSCN's. BY THE WAY THIS IS NOT A QUESTION THIS IS MONETARY REFORM EDUCATION.
3-19-2023 Guru Nader From The Mid East The budget says about the exchange rate...1300. It didn't say 1310, 1320... Article... said the exchange rate in the budget is 1300. I was surprised the budget has a rate in it in the first place. The second thing, the very good news...they made it open. They can exchange the rate anytime they want. Why they did that? For a reason...that means 1300 is not fixed for the next 3 years.
3-19-2023 Newshound Guru Clare Article: "Shafak News publishes the draft budget law for Iraq for three years" Quote: "News Agency publishes the draft state budget law for the years 2023, 2024, 2025 sent by the Iraqi government to Parliament."
3-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They have opened 6 new branches in and around Baghdad. They are telling us these 6 new branches...are being set up to help collect the citizens depositing dinars. They are calling it the 2nd phase to get dinars deposited... FRANK: The CBI is setting up these large depositing areas where the Iraqi citizen can go convert his 3-zero notes into the new small category notes...The CBI is super eager to collect as many 3-zero notes as possible back. It's brilliant.
3-19-2023 Intel Guru MarkZ [via PDK] ...The news is coming straight out of Iraq. Talking about coinage. Pay attention: “Economists believe that coins facilitate many of the daily banking transactions The Central Bank is the only one responsible for supplying the country with its banknotes and coins, while Iraq stopped its dealings with "coin" years ago, despite the continuation of its work after 2003.” What is important is “the discussion returned in economic circles about the reasons why Iraq did not resort to issuing coins with the aim of restoring the value of the small currency, which has become worthless in daily transactions." They are talking about re-introducing the coins. And restoring the value of the small denomination currency. Why would they need coins and small denominations if they weren’t going to increase the value… Fantastic news, putting out coins…restoring coins…restoring the value of the coins…this is a huge one!!!
3-19-2023 Guru Nader From The Mid East I'm surprised the rate didn't have changed yet too. A lot of friends of mine they're surprised. We see. Monday is the 20th anniversary of Iraq. We'll see what's going on...
3-19-2023 Intel Guru Frank26 Question: "Will there be taxes on our exchange?" Yeah. Please don't present this is not a capital gain tax...on what planet did you ever not pay taxes for anything? ...you pay taxes for everything...Be around so that you can pay taxes... [Note: Different Gurus have differing views on tax obligations of exchanging IQD. Consult your tax professionals at the appropriate time to determine the taxes for your unique circumstances.]
3-19-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-19-2023 Newshound Guru Militia Man Because they're going to try and facilitate the transfer of monies in international trade in foreign currencies ... with the Iraqi dinar. As far as I can tell that happened...I think we can take it seriously that something's really up...the migration of the ISO-20022 is an international payment transaction system starts the 18th to 19th. The data is out there. It's not something they're gonna not do...as of yesterday they're basically stating that they have no delays and they're going to migrate... [Post 2 of 2]
3-19-2023 Newshound Guru Militia Man [CBI governor Alaq talking about Iraqi dinar becoming a major currency] The central bank is trying to reevaluate all monetary policies and to control the dollar in the parallel market expanding the circle of direct dealings in international currencies. That was back in February...they were including...yuan...euro... yen...and dollar...Why is that important? [Post 1 of 2....stay tuned]
3-19-2023 Guest Guru GameofPatience the budget is waiting on the rate. Kuwait changed their rate on 3/24/91, this year that would be the weekend of 3-25/26. Iraq and Kuwait have the same budget periods April - March.
3-19-2023 Guest Guru BobTheTaxMan We as private holders of this currency were considered speculators anticipating gains from this revaluation ...This is not tradable on the Forex. It's not even usable here in the United States...for us [In the United States] we're just holders. That's part of the reason why it's being treated as an ordinary income instead of a long-term capital gains. [NOTE - Consult your financial and tax professionals at the appropriate time to determine the right taxes for your unique situation and circumstances.]
3-19-2023 Intel Guru MarkZ [via PDK] Now this is important: Coming out of state.gov. www.state.gov/report/custom/6fbb1fb8fe-5/ Under the section titled “Foreign Exchange and Remittance”... Section 6/paragraph 2... It states: The currency of Iraq is the dinar. Here is the important part. “There are no taxes or subsidies on the purchase or sales of foreign exchange” Now this is about Iraq and treaties with IQD and the US …so we don’t know for sure on other currencies. But the US government is clear on this one. No Taxes on exchanging IQD. [Note: It is unclear if this document is referring to bank business or individual investors or both. Consult tax professionals at the appropriate time to determine the taxes for your unique situation.]
3-19-2023 Intel Guru Frank26 Article: "Why does not Iraq re-adopt the coin?" Quote: "The Central Bank is the only one responsible for supplying the country with its banknotes and coins, while Iraq stopped its dealings with "coin" years ago, despite the continuation of its work after 2003." THE MONETARY REFORM EDUCATION IS REACHING ALL THE LEVELS... WHY TEACH ABOUT THE COINS? BECAUSE THEY ARE NOW COMING OUT WITH THE NSCN's. BY THE WAY THIS IS NOT A QUESTION THIS IS MONETARY REFORM EDUCATION.
3-19-2023 Guru Nader From The Mid East The budget says about the exchange rate...1300. It didn't say 1310, 1320... Article... said the exchange rate in the budget is 1300. I was surprised the budget has a rate in it in the first place. The second thing, the very good news...they made it open. They can exchange the rate anytime they want. Why they did that? For a reason...that means 1300 is not fixed for the next 3 years.
3-19-2023 Newshound Guru Clare Article: "Shafak News publishes the draft budget law for Iraq for three years" Quote: "News Agency publishes the draft state budget law for the years 2023, 2024, 2025 sent by the Iraqi government to Parliament."
3-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They have opened 6 new branches in and around Baghdad. They are telling us these 6 new branches...are being set up to help collect the citizens depositing dinars. They are calling it the 2nd phase to get dinars deposited... FRANK: The CBI is setting up these large depositing areas where the Iraqi citizen can go convert his 3-zero notes into the new small category notes...The CBI is super eager to collect as many 3-zero notes as possible back. It's brilliant.
3-19-2023 Intel Guru MarkZ [via PDK] ...The news is coming straight out of Iraq. Talking about coinage. Pay attention: “Economists believe that coins facilitate many of the daily banking transactions The Central Bank is the only one responsible for supplying the country with its banknotes and coins, while Iraq stopped its dealings with "coin" years ago, despite the continuation of its work after 2003.” What is important is “the discussion returned in economic circles about the reasons why Iraq did not resort to issuing coins with the aim of restoring the value of the small currency, which has become worthless in daily transactions." They are talking about re-introducing the coins. And restoring the value of the small denomination currency. Why would they need coins and small denominations if they weren’t going to increase the value… Fantastic news, putting out coins…restoring coins…restoring the value of the coins…this is a huge one!!!
3-18-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-18-2023 Intel Guru Frank26 Question "With the banks having a shortage of cash should we give them a heads up that we'll be coming in and the amount exchanging?" Oh, yeah...you're going to need an entourage. You need a team. You don't want to walk in there by yourself...I will tell them I want $100,000 in cash by next Thursday. It will be there. It may take 2 weeks. It may take a while but they will deliver you the money...you've got to order the amount of cash you want...you need your CPA...book keeper...tax consultant...tax lawyer who can answer all these questions for you.
3-18-2023 Newshound Guru Pimpy I get a lot of people saying, 'How come Iraq's currency is not the same as Kuwait?' It's not that simple. At one time it was very close to the same exchange rate as the Kuwait dinar...but things have changed since then...That doesn't mean it can't get there again. It can. But there's a lot of hurdles that need to be crossed...I don't think they're going to get there anytime real soon. But you will see the dinar start to go up in increments as they get their ducks in a row. It seems this administration is doing everything they can as quickly as possible to reach that level so you never know. We'll see where Iraq ends up...
3-18-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-18-2023 Newshound Guru Clare Article "The industry opens a new window on the Arab markets for the export of aluminum sheets" Quote "The Ur State Company of the Ministry of Industry and Minerals opened, on Tuesday, a new window on the Arab markets...strengthening the economic partnership between Iraq and its Arab surroundings, pointing out that the company opened the first line to export its products through the markets of Syria and Lebanon"
3-18-2023 Newshound Guru Sandy Ingram Before 1935 what was Iran called? The answer is Persia...This may be a deep-rooted reason why Iran keeps harboring over Iraq like a lost child over and above the monetary reasons...if you look at the map...Persia included the land that is now occupied by Iran and Iraq...Iran took over the country of Persia's name in 1935 but that does not change the DNA of the Iraqi or Iranian people...
3-18-2023 Intel Guru Frank26 The rate and the budget that's a 'Line Item'. It's in the budget. I don't care if it's 1300. I don't care if it's 1 to 1. Just give me the budget because the budget is waiting for the exchange rate. I said April 1st budget exposed...everything waits for the exchange rate. You want the new budget on April 1st?
3-18-2023 Intel Guru yada ...the activation of their debit, credit, and prepaid cards on Sunday so they can buy and sell internationally, would have to include a valid rate, not a program rate of 1300 to 1. Believe the float will begin and we will have to option to exchange some at the low rate or wait. Mainly, the release is upon us. I'm also of the mind since, "All Boats Rise With The Tide", we may see a slight increase in the dong also.
3-18-2023 Intel Guru MarkZ [via PDK] A lot of news coming out of Iraq over the last 24 hours…. I mean a lot of fun stuff coming out of the Iraqi news. “Al Sudani advisor: The Baghdad and Erbil agreement is one of the achievements of the federal government” Money has already started moving. Its not 100% tightened up until they finish voting on it. But they have agreed to and implementing their programs and the regions revenues into one central account. I was told this one would be a big one and we are watching it.
3-18-2023 Newshound Guru Pimpy Article: "The Iraq parliament begins discussing the budget law" According to their constitution they have 30 days to review this particular law...This is unique...the fact Iraq is going ahead and passing a three-year budget...I think this is a smart move. I love the fact it's also open for amendments if necessary.
3-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend says he thinks the rate and budget are tied together in a really nice package with the new rate. But the rate can come anytime. FRANK: What does the budget wait for? The rate. What do we have...? The budget. Therefore normal logic you're now going to see the rate. I told you it doesn't matter if it comes out at 1300 or whatever that's not the point. The point is they are preparing the currency to float...they are moving in the direction of a float. Your internal float is almost done.
3-18-2023 Newshound/Intel Guru Mnt Goat ...the Governor of the Central Bank, Ali Al-Alaq, set the objectives of monetary policy in Iraq, pointing out that he would take the necessary legal steps within the framework of the dinar being a major currency prevailing in the market in cooperation with the government. This was music to the ears…Alaq goes on with better news and I quote from the article...“the currency is a symbol of sovereignty and a title for the country, and abandoning it is tantamount to lowering the flag”. Oh my gosh! This patriotism and loyalty to Iraq is what Alaq really brings to his job and the Iraqi people...this is how we are going to get the reinstatement…. He has the brains to do it but also the willingness to do it...
3-18-2023 Intel Guru MarkZ [via PDK] Member Question: What will redemption centers look like? MarkZ Answer: The term “redemption center” may be a little off. They are mainly different banks and banking facilities that are set up and will have equipment and trained personnel for exchanging foreign currency. It may just be a bank branch with extra offices in your area. Some may be full blown centers in areas with many foreign currency holders. They have a good idea on demographics from who has bought what in areas...
3-18-2023 Intel Guru Frank26 Question "With the banks having a shortage of cash should we give them a heads up that we'll be coming in and the amount exchanging?" Oh, yeah...you're going to need an entourage. You need a team. You don't want to walk in there by yourself...I will tell them I want $100,000 in cash by next Thursday. It will be there. It may take 2 weeks. It may take a while but they will deliver you the money...you've got to order the amount of cash you want...you need your CPA...book keeper...tax consultant...tax lawyer who can answer all these questions for you.
3-18-2023 Newshound Guru Pimpy I get a lot of people saying, 'How come Iraq's currency is not the same as Kuwait?' It's not that simple. At one time it was very close to the same exchange rate as the Kuwait dinar...but things have changed since then...That doesn't mean it can't get there again. It can. But there's a lot of hurdles that need to be crossed...I don't think they're going to get there anytime real soon. But you will see the dinar start to go up in increments as they get their ducks in a row. It seems this administration is doing everything they can as quickly as possible to reach that level so you never know. We'll see where Iraq ends up...
3-18-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-18-2023 Newshound Guru Clare Article "The industry opens a new window on the Arab markets for the export of aluminum sheets" Quote "The Ur State Company of the Ministry of Industry and Minerals opened, on Tuesday, a new window on the Arab markets...strengthening the economic partnership between Iraq and its Arab surroundings, pointing out that the company opened the first line to export its products through the markets of Syria and Lebanon"
3-18-2023 Newshound Guru Sandy Ingram Before 1935 what was Iran called? The answer is Persia...This may be a deep-rooted reason why Iran keeps harboring over Iraq like a lost child over and above the monetary reasons...if you look at the map...Persia included the land that is now occupied by Iran and Iraq...Iran took over the country of Persia's name in 1935 but that does not change the DNA of the Iraqi or Iranian people...
3-18-2023 Intel Guru Frank26 The rate and the budget that's a 'Line Item'. It's in the budget. I don't care if it's 1300. I don't care if it's 1 to 1. Just give me the budget because the budget is waiting for the exchange rate. I said April 1st budget exposed...everything waits for the exchange rate. You want the new budget on April 1st?
3-18-2023 Intel Guru yada ...the activation of their debit, credit, and prepaid cards on Sunday so they can buy and sell internationally, would have to include a valid rate, not a program rate of 1300 to 1. Believe the float will begin and we will have to option to exchange some at the low rate or wait. Mainly, the release is upon us. I'm also of the mind since, "All Boats Rise With The Tide", we may see a slight increase in the dong also.
3-18-2023 Intel Guru MarkZ [via PDK] A lot of news coming out of Iraq over the last 24 hours…. I mean a lot of fun stuff coming out of the Iraqi news. “Al Sudani advisor: The Baghdad and Erbil agreement is one of the achievements of the federal government” Money has already started moving. Its not 100% tightened up until they finish voting on it. But they have agreed to and implementing their programs and the regions revenues into one central account. I was told this one would be a big one and we are watching it.
3-18-2023 Newshound Guru Pimpy Article: "The Iraq parliament begins discussing the budget law" According to their constitution they have 30 days to review this particular law...This is unique...the fact Iraq is going ahead and passing a three-year budget...I think this is a smart move. I love the fact it's also open for amendments if necessary.
3-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend says he thinks the rate and budget are tied together in a really nice package with the new rate. But the rate can come anytime. FRANK: What does the budget wait for? The rate. What do we have...? The budget. Therefore normal logic you're now going to see the rate. I told you it doesn't matter if it comes out at 1300 or whatever that's not the point. The point is they are preparing the currency to float...they are moving in the direction of a float. Your internal float is almost done.
3-18-2023 Newshound/Intel Guru Mnt Goat ...the Governor of the Central Bank, Ali Al-Alaq, set the objectives of monetary policy in Iraq, pointing out that he would take the necessary legal steps within the framework of the dinar being a major currency prevailing in the market in cooperation with the government. This was music to the ears…Alaq goes on with better news and I quote from the article...“the currency is a symbol of sovereignty and a title for the country, and abandoning it is tantamount to lowering the flag”. Oh my gosh! This patriotism and loyalty to Iraq is what Alaq really brings to his job and the Iraqi people...this is how we are going to get the reinstatement…. He has the brains to do it but also the willingness to do it...
3-18-2023 Intel Guru MarkZ [via PDK] Member Question: What will redemption centers look like? MarkZ Answer: The term “redemption center” may be a little off. They are mainly different banks and banking facilities that are set up and will have equipment and trained personnel for exchanging foreign currency. It may just be a bank branch with extra offices in your area. Some may be full blown centers in areas with many foreign currency holders. They have a good idea on demographics from who has bought what in areas...
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3-17-2023 Newshound Guru Pimpy There's a lot going on in Iraq. The budgets are being looked at. We have the agreement between Kurdistan and the federal government of Iraq finally on hydrocarbon laws. There's a lot of tentative agreements there, but what we're looking for is these things to get signed.
3-17-2023 Intel Guru Frank26 What is Sudani telling the Iraqi citizens for the last 3 weeks? He says to them, 'Hold onto your dinars.' ...Then something else happened. 'Hold onto your dinars...because it's going to have value soon.' That was the second part that was added. Then something else happened...'Hold onto your dinars because it's going to have value soon and you Iraqi citizens are going to...be able to take your 3-zero notes and exchange them'. For what? The national currency.
3-17-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-17-2023 Newshound Guru Sandy Ingram Article: "Baghdad, Erbil reach comprehensive agreement" Disputes over the over the sovereignty of the Kurdistan region continue. The Prime minister of Iraq announced this week that Baghdad and Erbil had reached a comprehensive agreement in regards to oil revenue.
3-17-2023 Intel Guru MarkZ [via PDK] Member Question: Will they drop zeros off the dong? MarkZ Answer: They will also change the value and have lower denomination bills just like with Iraq’s currency. From the Vietnamese war they had done the same thing in Vietnam. Artificially reduced the rate. And they need to restore that value. Vietnam may be the longest devaluation in history…that I can find. ... ...No one knows the exact timing…we just know we are close. [post 2 of 2]
3-17-2023 Intel Guru MarkZ [via PDK] Member comment: I read yesterday that the Iraqi dinar was once $3.78 to $1 USD- Wikipedia. MarkZ Answer: That is accurate. It had that value before the US declared war on Iraq. The US petitioned the UN, IMF, World Bank and all the agencies to reduce the value of their currency. So when they re-instate they put back the value from where it used to be. They artificially reduced it and now they have to correct that reduction. [post 1 of 2....stay tuned]
3-17-2023 Intel Guru Bruce [via WiserNow] I'm not hearing any more chatter about Iraq has to do this or get this done. We did confirm that...They don't have to...get their budget out for 2023 before we start...That was rumored a while back...I feel like...this is as solid as we've ever been...in terms of what has to happen... what we're hearing from...two our sources...we should...receive our notifications before noon, Monday, the 20th... If that happens, there's a good possibility we could set appointments Monday and possibly go Monday, but certainly go on Tuesday. Rates are going to be terrific...we'll see what happens...
3-17-2023 Newshound Guru Militia Man Alaq is saying today...the central bank is working with the Iraqi government to make the dinar the main currency in the Iraqi market. They're going to have no multi-currency practices anymore. They're de-dollarizing...what are we talking about here? A major currency in the world. 1310 IQD to $1 is not a major currency. It's obvious he's talking about something...private sector coming in from around the world is not about a currency that has triple zero notes anymore. We're talking about major currencies...he's saying that we'll represent strength in the currency 'externally'. Externally is across the borders...
3-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They just told us on Channel One the other day that the ATM machines will only use dinars for now on. There will no longer be American dollars found in these machines or any foreign currency. Just dinars from this point onward. According to my bank friend...expect the ATMs to be set up to use lower notes now that it is only dinars. FRANK: ...the new ATM machines have the new software for the new small category notes and because we are very close to having it introduced to you I believe these new ATMs...are already loaded and ready for you...
3-17-2023 Intel Guru MarkZ [via PDK] This one is 2 days old…but very important. “Vietnam discusses increasing trade with Iraq” These are major trading partners ..both are slated to change currency values at the same time. Our own state dept has called on Vietnam to change their exchange rate. This is another one where they are telling us what they are doing...
3-17-2023 Newshound Guru Pimpy Article: "Central Bank Issues Third Package To Facilitate Procedures For Obtaining Dollars" Quote: "...the official exchange rate is 1320 dinars for every US dollar will be calculated through the electronic payment card issued by the license authority." The exchange rate is the same in-country as it is out of country. That's exactly what it's saying and the rate is 1320 dinars for every dollar. I keep hearing people going, 'That's not the in -county rate and that's not the out of country rate.' ...it's the same no matter what...
3-17-2023 Newshound Guru Clare Article: "Parliament announces receipt of the draft budget law" Quote: "Today, Friday, the House of Representatives announced that it had received the draft budget law"
3-17-2023 Intel Guru Frank26 Article: "It caused the dollar crisis. Is the government able to end the phenomenon of "dollarization" DE-DOLLARIZATION IS THE ULTIMATE GOAL OF THE MONETARY REFORM! THE GOAL OF DE-DOLLARIZATION IS NOW IN THE HANDS OF THE IRAQI CITIZENS.
3-17-2023 Intel Guru MarkZ [via PDK] It would be poetic for Iraq to go on the 20th “Senate votes to proceed with repeal of authorization for Iraq, Gulf wars” This is the 20 year anniversary on the 20th of March. This is very important. Member Question: Mark, is there ANYTHING now that could take this RV past the 20th at this point? MarkZ answer: At this point I don’t know. We are in the short and skinny of this. The mechanisms are in place…. I think this thing is done.
3-17-2023 Newshound/Intel Guru Mnt Goat Article: "THE LARGEST BUDGET OF 2023 IN THE HISTORY OF IRAQ" I believe this three year budget is going to be the “rebuilding of war torn” Iraq budget. This is why they will also need a strong international currency.
3-17-2023 Newshound Guru Pimpy There's a lot going on in Iraq. The budgets are being looked at. We have the agreement between Kurdistan and the federal government of Iraq finally on hydrocarbon laws. There's a lot of tentative agreements there, but what we're looking for is these things to get signed.
3-17-2023 Intel Guru Frank26 What is Sudani telling the Iraqi citizens for the last 3 weeks? He says to them, 'Hold onto your dinars.' ...Then something else happened. 'Hold onto your dinars...because it's going to have value soon.' That was the second part that was added. Then something else happened...'Hold onto your dinars because it's going to have value soon and you Iraqi citizens are going to...be able to take your 3-zero notes and exchange them'. For what? The national currency.
3-17-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-17-2023 Newshound Guru Sandy Ingram Article: "Baghdad, Erbil reach comprehensive agreement" Disputes over the over the sovereignty of the Kurdistan region continue. The Prime minister of Iraq announced this week that Baghdad and Erbil had reached a comprehensive agreement in regards to oil revenue.
3-17-2023 Intel Guru MarkZ [via PDK] Member Question: Will they drop zeros off the dong? MarkZ Answer: They will also change the value and have lower denomination bills just like with Iraq’s currency. From the Vietnamese war they had done the same thing in Vietnam. Artificially reduced the rate. And they need to restore that value. Vietnam may be the longest devaluation in history…that I can find. ... ...No one knows the exact timing…we just know we are close. [post 2 of 2]
3-17-2023 Intel Guru MarkZ [via PDK] Member comment: I read yesterday that the Iraqi dinar was once $3.78 to $1 USD- Wikipedia. MarkZ Answer: That is accurate. It had that value before the US declared war on Iraq. The US petitioned the UN, IMF, World Bank and all the agencies to reduce the value of their currency. So when they re-instate they put back the value from where it used to be. They artificially reduced it and now they have to correct that reduction. [post 1 of 2....stay tuned]
3-17-2023 Intel Guru Bruce [via WiserNow] I'm not hearing any more chatter about Iraq has to do this or get this done. We did confirm that...They don't have to...get their budget out for 2023 before we start...That was rumored a while back...I feel like...this is as solid as we've ever been...in terms of what has to happen... what we're hearing from...two our sources...we should...receive our notifications before noon, Monday, the 20th... If that happens, there's a good possibility we could set appointments Monday and possibly go Monday, but certainly go on Tuesday. Rates are going to be terrific...we'll see what happens...
3-17-2023 Newshound Guru Militia Man Alaq is saying today...the central bank is working with the Iraqi government to make the dinar the main currency in the Iraqi market. They're going to have no multi-currency practices anymore. They're de-dollarizing...what are we talking about here? A major currency in the world. 1310 IQD to $1 is not a major currency. It's obvious he's talking about something...private sector coming in from around the world is not about a currency that has triple zero notes anymore. We're talking about major currencies...he's saying that we'll represent strength in the currency 'externally'. Externally is across the borders...
3-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They just told us on Channel One the other day that the ATM machines will only use dinars for now on. There will no longer be American dollars found in these machines or any foreign currency. Just dinars from this point onward. According to my bank friend...expect the ATMs to be set up to use lower notes now that it is only dinars. FRANK: ...the new ATM machines have the new software for the new small category notes and because we are very close to having it introduced to you I believe these new ATMs...are already loaded and ready for you...
3-17-2023 Intel Guru MarkZ [via PDK] This one is 2 days old…but very important. “Vietnam discusses increasing trade with Iraq” These are major trading partners ..both are slated to change currency values at the same time. Our own state dept has called on Vietnam to change their exchange rate. This is another one where they are telling us what they are doing...
3-17-2023 Newshound Guru Pimpy Article: "Central Bank Issues Third Package To Facilitate Procedures For Obtaining Dollars" Quote: "...the official exchange rate is 1320 dinars for every US dollar will be calculated through the electronic payment card issued by the license authority." The exchange rate is the same in-country as it is out of country. That's exactly what it's saying and the rate is 1320 dinars for every dollar. I keep hearing people going, 'That's not the in -county rate and that's not the out of country rate.' ...it's the same no matter what...
3-17-2023 Newshound Guru Clare Article: "Parliament announces receipt of the draft budget law" Quote: "Today, Friday, the House of Representatives announced that it had received the draft budget law"
3-17-2023 Intel Guru Frank26 Article: "It caused the dollar crisis. Is the government able to end the phenomenon of "dollarization" DE-DOLLARIZATION IS THE ULTIMATE GOAL OF THE MONETARY REFORM! THE GOAL OF DE-DOLLARIZATION IS NOW IN THE HANDS OF THE IRAQI CITIZENS.
3-17-2023 Intel Guru MarkZ [via PDK] It would be poetic for Iraq to go on the 20th “Senate votes to proceed with repeal of authorization for Iraq, Gulf wars” This is the 20 year anniversary on the 20th of March. This is very important. Member Question: Mark, is there ANYTHING now that could take this RV past the 20th at this point? MarkZ answer: At this point I don’t know. We are in the short and skinny of this. The mechanisms are in place…. I think this thing is done.
3-17-2023 Newshound/Intel Guru Mnt Goat Article: "THE LARGEST BUDGET OF 2023 IN THE HISTORY OF IRAQ" I believe this three year budget is going to be the “rebuilding of war torn” Iraq budget. This is why they will also need a strong international currency.
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3-16-2023 Newshound Guru Pimpy Article: "Al-Shammari: The largest budget of 2023 in the history of Iraq, Baghdad and the south will witness an reconstruction revolution" Yes, that's what we want to hear! But I don't want you to just talk about it, I want to see it happen. Because if they can make that happen then we're going to be looking at a much more valuable Iraqi dinar...
3-16-2023 Intel Guru Frank26 IMO the budget is complete. But you are not going to see the budget IMO until April 1st. But the rate for April 1st IMO will be 1 week before that.
3-16-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-16-2023 Intel Guru MarkZ [via PDK] “Central Bank governor sets two monetary policy goals in Iraq” “Monetary policy includes two main objectives: maintaining the overall level of prices, that is, the strength of the currency locally, and the exchange rate, which represents the strength of the currency externally,” This is from Alaq and He just told you right here they have 2 jobs. Stability and rate. They are telling us what they are doing...
3-16-2023 Newshound Guru Militia Man The whole budget for 2023, 2024, 2025 is all about going to a private sector. The stability and security that they're going to get for the investor and for the public is going to be pretty big because that goes to show they're committed...with them being open and being able to be adjusted and amended based off of oil pricing, natural gas prices, taxes/tariffs revenues or even an adjustment to their exchange rate, they can do all of that...
3-16-2023 Newshound/Intel Guru Mnt Goat ...the news today is still all about the dinar...Surprisingly enough the second rate change has not yet come out. Today the 2023-three-year budget just arrived at Parliament for the readings...So, the budget must first get voted on in the cabinet then it gets passed on to Parliament for the legal two readings, makes amendments and can vote on it or send it back to the cabinet for revision. Article: "EARLY NEXT WEEK.. PARLIAMENTARY SESSION TO READ THE 2023 BUDGET" Quote: "...there may be a parliament session next Saturday or Sunday to conduct the first and second reading of the budget law," So, here is proof of where the 2023 budget is...
3-16-2023 Newshound Guru Clare Article: "Central Bank Governor: We are working with the government to make the dinar the main currency in the Iraqi market" Quote: "...goals is to maintain the general level of prices, that is, the strength of the currency locally and the exchange rate, which represents the strength of the currency externally...he added he will take the necessary legal steps in the context of the dinar being a major currency prevailing in the market, in cooperation with the government...
3-16-2023 Guru Nader From The Mid East Like I told you before it's a waiting game...one morning, one day it's gonna come out. They're gonna go 'let's RV'. But believe me it's not gonna be 1 to 1. You'll never see it at 1 to 1. You'll see it higher than 1 to 1. You'll see at $3, $3.28, $3.60, $3.80 but you'll never see it at 1 to 1...There is no 1 to 1. If they're going to reinstate it then they're gonna throw it to Forex and it's gonna be stronger than that...
3-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are telling us we will have currency to match other currencies including lower notes. This is telling us what's about to happen... FRANK: They are bombarding you and preparing you and giving you every reason reason not to fail this monetary reform.
3-16-2023 Intel Guru MarkZ [via PDK] There is very little news from the Iraqi front today. This is understandable with the overwhelming amount of news we have had earlier this week…its all been positive. The budget is moving way faster than expected.
3-16-2023 Newshound Guru Sandy Ingram To our knowledge, the budget does not include information or provisions for a rate change. However, this does not mean a float or rate change is totally out of the picture.
3-16-2023 Newshound Guru Pimpy Article: "Al-Sudani returns to Baghdad after concluding his visit to the Kurdistan region" Al-Sudani just got back from being over there in Kurdistan. We know he was over there ironing out the last of the details necessary for them to come up with an agreement on hydrocarbon laws. I'm excited about that but I'm more eager about them signing it so we know it's official.
3-16-2023 Intel Guru Frank26 Article: "The Central Bank of Iraq issues the third package to facilitate the procedures for obtaining US dollars" THE CENTRAL BANK ISSUES MANY NEW REFORM STEPS FOR THE NEW EXCHANGE RATE AND THE NEW CURRENCY!
3-16-2023 Intel Guru MarkZ [via PDK] Member Question: $4.30 rate for dinar? MarkZ Answer: That’s a rumor at this point. Is it possible? Yes it is. Many of us have direct contacts on the ground over there like contractors , CBI employees , government workers…and they say the rate has not been announced yet. But it is possible that could be the rate….
3-16-2023 Newshound/Intel Guru Mnt Goat Article: "THE OIL AND GAS LAW IS IN ITS FINAL STAGES OF APPROVAL" Coincidental? All the pieces to the puzzle are coming together very quickly now…
3-15-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-15-2023 Intel Guru MarkZ [via PDK] Member comment: I heard to start looking for RV overnight tonight. MarkZ: I’m not looking for it tonight…that may be premature…but I know a lot of bankers that are suddenly looking for it overnight tonight. Most of the chatter out of Iraq is looking at this weekend... Remember we do not know the timing…but the chatter is exceptionally good.
3-15-2023 Newshound Guru Pimpy How far are we from passing a budget? And this budget isn't for just one year. This budget tentatively is for 3 years. Article "Parliament Finance: Parliament will need 30-45 days to pass the budget" It's going to take a little time. We went form possibly the end of March to early the middle of April to now possibly...sometime in May.
3-15-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-15-2023 Newshound Guru Henig Article "The Central Bank of Iraq issues the third package to facilitate the procedures for obtaining US dollars" Quote " the official exchange rate of "1320" dinars per dollar will be calculated by the electronic payment card issued by the licensed authorities when used abroad,"
3-15-2023 Intel Guru Frank26 Not only do you see your budget as Sudani promised but you see it for the next 3 years. That is telling you they are preparing the economic reform because the monetary reform was extremely successful. The next step is for your national currency to float and to add value to it. It's going to be a long process too but we're going in the right direction...it's a beautiful day in Iraq . It's a beautiful day in the neighborhood. Amen!
3-15-2023 Newshound Guru Militia Man They didn't push these guys over the edge to get them off the dollar for no reason...they did it for them to get on the dinar...De-dollarization of the country - Everybody's got to go to the dinar...they're not going to be using the dollar. They're getting them physically prepared to do that...they're going to an economy that's going to be able to be vibrant. It's going to have transparency. It's going to have less corruption.
3-15-2023 Guru Nader From The Mid East Remember I told you the dinar gonna change rate not a lot? I said to 1260 or 1160 and it changed to 1310...That rate is just to scare people to bring their dollars to the bank and it's gonna be another rate change like that just to scare people before reinstatement. It's not going to be 1 to 1...not...$1.60 to 1. There's gonna be $3.28 to 1...Maybe more...it doesn't go more than $4...It's a little too early still. A lot of processes they'll have to go through. Be patient...smile...keep working. Keep happy...it's a waiting game.
3-15-2023 Newshound Guru Sandy Ingram Iraq's cabinet has approved a draft budget law for 2023 to 2025, which will now be referred to parliament for approval and possible amendments. The operational expenditures stands at 150.27 trillion dinar or about $115.59 billion. Investment expenditures will be about $35.58 billion. The budget calculations are based on an oil price of $70 a barrel with average daily output of 3.5 million barrels...this is the first time Iraq is proposing a multi-year budget...
3-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani is now saying any issues that were with Erbil and Kurdistan are all removed. First time in 18 years. FRANK: How many time did I tell you not to worry about it!
3-15-2023 Newshound Guru Pimpy One of the major stepping stones for Iraq is to get an agreement between Kurdistan and the federal Iraqi government and it looks like it's about to be done. This would be the Hydrocarbon Law, the Gas Law is what we're talking about. It looks like it's going to be signed but until it's signed just keep your fingers crossed.
3-15-2023 Intel Guru MarkZ [via PDK] Ides of March starts today and I am hearing a whole heck of a lot of chatter for the next few days. This has me pretty excited...My banking contacts are still of the mindset that we are going to see something around the 20th or so...
3-15-2023 Newshound Guru Henig Article: "Al-Sudani Advisor: The draft approval of the budget for the coming years remains indicative and amendable" Quote: "The draft approval of the budget for the coming years by the Council of Ministers remains indicative and amendable according to oil prices and the nature of revenues and expenditures in the coming years..."
3-15-2023 Intel Guru Frank26 You now have the budget. Therefore, beyond logic the new exchange rate is soon to show itself.
3-15-2023 Newshound Guru Militia Man MarkZ Question: Many ask me if you want to make a guess of what you think rates might be. Militia Man Answer: My understanding is the IMF have the ability to go as high as 3 times the Special Drawing Rights. That is what they could do…it doesn’t mean that’s what they will do. They test systems to what the region can handle. The Real Effective Exchange rate (REER) can be derived from many different things . They are going to come up with a rate that is strong and stable and rebuild the country.
3-15-2023 Newshound/Intel Guru Mnt Goat [via PDK] ...in the news we witnessed yet another currency reform implemented by the CBI when the Central Bank decided in the ATMs to use only the local currency of the dinar. WOW! Previously they could use both dollars and dinars. I was also told by my CBI contact a week ago that they will soon be recalibrating the ATMs to dispense the lower denominations…
3-15-2023 Intel Guru MarkZ [via PDK] Member comment: I heard to start looking for RV overnight tonight. MarkZ: I’m not looking for it tonight…that may be premature…but I know a lot of bankers that are suddenly looking for it overnight tonight. Most of the chatter out of Iraq is looking at this weekend... Remember we do not know the timing…but the chatter is exceptionally good.
3-15-2023 Newshound Guru Pimpy How far are we from passing a budget? And this budget isn't for just one year. This budget tentatively is for 3 years. Article "Parliament Finance: Parliament will need 30-45 days to pass the budget" It's going to take a little time. We went form possibly the end of March to early the middle of April to now possibly...sometime in May.
3-15-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-15-2023 Newshound Guru Henig Article "The Central Bank of Iraq issues the third package to facilitate the procedures for obtaining US dollars" Quote " the official exchange rate of "1320" dinars per dollar will be calculated by the electronic payment card issued by the licensed authorities when used abroad,"
3-15-2023 Intel Guru Frank26 Not only do you see your budget as Sudani promised but you see it for the next 3 years. That is telling you they are preparing the economic reform because the monetary reform was extremely successful. The next step is for your national currency to float and to add value to it. It's going to be a long process too but we're going in the right direction...it's a beautiful day in Iraq . It's a beautiful day in the neighborhood. Amen!
3-15-2023 Newshound Guru Militia Man They didn't push these guys over the edge to get them off the dollar for no reason...they did it for them to get on the dinar...De-dollarization of the country - Everybody's got to go to the dinar...they're not going to be using the dollar. They're getting them physically prepared to do that...they're going to an economy that's going to be able to be vibrant. It's going to have transparency. It's going to have less corruption.
3-15-2023 Guru Nader From The Mid East Remember I told you the dinar gonna change rate not a lot? I said to 1260 or 1160 and it changed to 1310...That rate is just to scare people to bring their dollars to the bank and it's gonna be another rate change like that just to scare people before reinstatement. It's not going to be 1 to 1...not...$1.60 to 1. There's gonna be $3.28 to 1...Maybe more...it doesn't go more than $4...It's a little too early still. A lot of processes they'll have to go through. Be patient...smile...keep working. Keep happy...it's a waiting game.
3-15-2023 Newshound Guru Sandy Ingram Iraq's cabinet has approved a draft budget law for 2023 to 2025, which will now be referred to parliament for approval and possible amendments. The operational expenditures stands at 150.27 trillion dinar or about $115.59 billion. Investment expenditures will be about $35.58 billion. The budget calculations are based on an oil price of $70 a barrel with average daily output of 3.5 million barrels...this is the first time Iraq is proposing a multi-year budget...
3-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani is now saying any issues that were with Erbil and Kurdistan are all removed. First time in 18 years. FRANK: How many time did I tell you not to worry about it!
3-15-2023 Newshound Guru Pimpy One of the major stepping stones for Iraq is to get an agreement between Kurdistan and the federal Iraqi government and it looks like it's about to be done. This would be the Hydrocarbon Law, the Gas Law is what we're talking about. It looks like it's going to be signed but until it's signed just keep your fingers crossed.
3-15-2023 Intel Guru MarkZ [via PDK] Ides of March starts today and I am hearing a whole heck of a lot of chatter for the next few days. This has me pretty excited...My banking contacts are still of the mindset that we are going to see something around the 20th or so...
3-15-2023 Newshound Guru Henig Article: "Al-Sudani Advisor: The draft approval of the budget for the coming years remains indicative and amendable" Quote: "The draft approval of the budget for the coming years by the Council of Ministers remains indicative and amendable according to oil prices and the nature of revenues and expenditures in the coming years..."
3-15-2023 Intel Guru Frank26 You now have the budget. Therefore, beyond logic the new exchange rate is soon to show itself.
3-15-2023 Newshound Guru Militia Man MarkZ Question: Many ask me if you want to make a guess of what you think rates might be. Militia Man Answer: My understanding is the IMF have the ability to go as high as 3 times the Special Drawing Rights. That is what they could do…it doesn’t mean that’s what they will do. They test systems to what the region can handle. The Real Effective Exchange rate (REER) can be derived from many different things . They are going to come up with a rate that is strong and stable and rebuild the country.
3-15-2023 Newshound/Intel Guru Mnt Goat [via PDK] ...in the news we witnessed yet another currency reform implemented by the CBI when the Central Bank decided in the ATMs to use only the local currency of the dinar. WOW! Previously they could use both dollars and dinars. I was also told by my CBI contact a week ago that they will soon be recalibrating the ATMs to dispense the lower denominations…
3-14-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are urging citizens to hold on to their dinars...they are telling us more each day... FRANK: Either this week or next week they will start to show you your new small category notes and your new exchange rate that will go along with them...it's exciting...you're going to take your 3-zero notes and turn them in for new purchasing power with the new small category notes. [Post 2 of 2]
3-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see more news and they're coming at us as alerts in the financial news. This is the first time we've seen something like this. They're telling us to hold onto our dinars. They're saying we will have more value added to it soon. And then they tell us for the first time that we will be able to exchange our 3-zero notes. They're saying the plan will be brought to light very soon. [Post 1 of 2....stay tuned]
3-14-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-14-2023 Intel Guru MarkZ [via PDK] I continue to get positive stuff out of Iraq…both in the budget and the rates. The chatter has started over there on lower denominations. Question: Do you think the RV will be released on Ramadan? (Mar. 22) Answer: It could possibly go on Ramadan …I was told long ago they would like to release it right before or early on Ramadan because the people are celebrating. And the RV will be a celebration for the Iraqi people.
3-14-2023 Newshound Guru Pimpy Article: "Cabinet approves draft budget law for 2023, 2024 and 2025" ...The budget is set for the next 3 years...For some reason it's really hard for them to pass the budget. So Al-Sudani did the smart thing. He said, 'We will pass a 3-year budget.' What does that mean about the Iraqi dinar rate? If they're not going to change the budget then that means they're not going to change the rate. I'm not saying it can't be changed...they can make amendments. If something pops up and it looks like an opportunity for them to change the rate, they'll change it but it look like everything is sent for the next 3 years. Remember they told us they wouldn't change the Iraqi dinar rate for at least 5 years. That ends in 2025. Is that a coincidence? I don't know. We'll find out.
3-14-2023 Newshound Guru Clare Article: "Minister of Industry: Iraq is the first in the world in sulfur reserves"
3-14-2023 Newshound Guru Militia Man Now that Alaq is back for a stint at the CBI - I think we can see we are at the last stage of the game.
3-14-2023 Guru Nader From The Mid East Wait till we see what's in the budget because nobody knows what's in the budget. They can do whatever they want. The budget is not out there yet. They're not working with it yet but they're going to start working with it soon. As soon as they start working with the budget things are going to change quicker. A lot faster. I don't now about the exchange rate but the rest I know. It's going to be a lot better and it's gonna make a lot of things better...
3-14-2023 Newshound Guru Sandy Ingram I do research on Iraq almost every day of my life. So it would be natural for the search engines to populate information about travel to Iraq on my home page...I guess the search engines knew I wanted to travel to Iraq but I would never type that into the search so it may be true that Google and Bing know more about us than we know about
ourselves...Those of you who would say at this point what does this have to do with the IQD exchange rate? I say to you - everything. Connect the dots people. Connect the dots.
3-14-2023 Intel Guru MarkZ [via PDK] Question: Could this be our week? MarkZ answer: Absolutely it could …we are in a sweet spot right now...We have banks struggling to stay afloat…we have everybody waiting for the next shoe to fall…We have the Iraq budget passed…the HCL law submitted to be passed…We are in the best spot we have ever been in the entire history of this thing.
3-14-2023 Intel Guru Frank26 They got the budget...you know what else? They got themselves a budget for the next three years. How serious is Sudani? Have you ever seen a budget, let alone for the next 3 years? How serious is Suandi about what he's going to do with the economic reforms thanks to the success of the monetary reform? Tremendous...you cannot project with a program rate.
3-14-2023 Newshound Guru Pimpy I got all kinds of people excited in my group talking about, 'man, did you hear? ...Iraq is international!' ...I was like International? What? House of Pancakes? What does that mean? It doesn't make any sense to me whatsoever...What do you mean they're going international? Nobody can answer...I don't know what that means they're going international...what is going international?
3-14-2023 Intel Guru RayRen98 I'm so excited, and I just can't hide it. I know, I know, I know I see an RV! A SHO-NUFF RV! I'M EXPECTING THE "REST" OF MY MIRACLE...ANY DAY NOW!
3-14-2023 Intel Guru MarkZ [via PDK] ...this is a great time with countries floundering and banks floundering and have a real need for liquidity…for revaluing the Iraqi dinar and letting it go. A lot of countries issues would be solved by allowing Iraq to move forward with a rate of at least $1.50…but I keep hearing…like Sudano said…they are going to return the dinar to its former glory which is over $3 something...
3-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are urging citizens to hold on to their dinars...they are telling us more each day... FRANK: Either this week or next week they will start to show you your new small category notes and your new exchange rate that will go along with them...it's exciting...you're going to take your 3-zero notes and turn them in for new purchasing power with the new small category notes. [Post 2 of 2]
3-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see more news and they're coming at us as alerts in the financial news. This is the first time we've seen something like this. They're telling us to hold onto our dinars. They're saying we will have more value added to it soon. And then they tell us for the first time that we will be able to exchange our 3-zero notes. They're saying the plan will be brought to light very soon. [Post 1 of 2....stay tuned]
3-14-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-14-2023 Intel Guru MarkZ [via PDK] I continue to get positive stuff out of Iraq…both in the budget and the rates. The chatter has started over there on lower denominations. Question: Do you think the RV will be released on Ramadan? (Mar. 22) Answer: It could possibly go on Ramadan …I was told long ago they would like to release it right before or early on Ramadan because the people are celebrating. And the RV will be a celebration for the Iraqi people.
3-14-2023 Newshound Guru Pimpy Article: "Cabinet approves draft budget law for 2023, 2024 and 2025" ...The budget is set for the next 3 years...For some reason it's really hard for them to pass the budget. So Al-Sudani did the smart thing. He said, 'We will pass a 3-year budget.' What does that mean about the Iraqi dinar rate? If they're not going to change the budget then that means they're not going to change the rate. I'm not saying it can't be changed...they can make amendments. If something pops up and it looks like an opportunity for them to change the rate, they'll change it but it look like everything is sent for the next 3 years. Remember they told us they wouldn't change the Iraqi dinar rate for at least 5 years. That ends in 2025. Is that a coincidence? I don't know. We'll find out.
3-14-2023 Newshound Guru Clare Article: "Minister of Industry: Iraq is the first in the world in sulfur reserves"
3-14-2023 Newshound Guru Militia Man Now that Alaq is back for a stint at the CBI - I think we can see we are at the last stage of the game.
3-14-2023 Guru Nader From The Mid East Wait till we see what's in the budget because nobody knows what's in the budget. They can do whatever they want. The budget is not out there yet. They're not working with it yet but they're going to start working with it soon. As soon as they start working with the budget things are going to change quicker. A lot faster. I don't now about the exchange rate but the rest I know. It's going to be a lot better and it's gonna make a lot of things better...
3-14-2023 Newshound Guru Sandy Ingram I do research on Iraq almost every day of my life. So it would be natural for the search engines to populate information about travel to Iraq on my home page...I guess the search engines knew I wanted to travel to Iraq but I would never type that into the search so it may be true that Google and Bing know more about us than we know about
ourselves...Those of you who would say at this point what does this have to do with the IQD exchange rate? I say to you - everything. Connect the dots people. Connect the dots.
3-14-2023 Intel Guru MarkZ [via PDK] Question: Could this be our week? MarkZ answer: Absolutely it could …we are in a sweet spot right now...We have banks struggling to stay afloat…we have everybody waiting for the next shoe to fall…We have the Iraq budget passed…the HCL law submitted to be passed…We are in the best spot we have ever been in the entire history of this thing.
3-14-2023 Intel Guru Frank26 They got the budget...you know what else? They got themselves a budget for the next three years. How serious is Sudani? Have you ever seen a budget, let alone for the next 3 years? How serious is Suandi about what he's going to do with the economic reforms thanks to the success of the monetary reform? Tremendous...you cannot project with a program rate.
3-14-2023 Newshound Guru Pimpy I got all kinds of people excited in my group talking about, 'man, did you hear? ...Iraq is international!' ...I was like International? What? House of Pancakes? What does that mean? It doesn't make any sense to me whatsoever...What do you mean they're going international? Nobody can answer...I don't know what that means they're going international...what is going international?
3-14-2023 Intel Guru RayRen98 I'm so excited, and I just can't hide it. I know, I know, I know I see an RV! A SHO-NUFF RV! I'M EXPECTING THE "REST" OF MY MIRACLE...ANY DAY NOW!
3-14-2023 Intel Guru MarkZ [via PDK] ...this is a great time with countries floundering and banks floundering and have a real need for liquidity…for revaluing the Iraqi dinar and letting it go. A lot of countries issues would be solved by allowing Iraq to move forward with a rate of at least $1.50…but I keep hearing…like Sudano said…they are going to return the dinar to its former glory which is over $3 something...
3-13-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-13-2023 Intel Guru Frank26 Question: "What will the REER be?" That's the Real Effective Exchange Rate of the Iraqi dinar and it's no 1300 to 1. That's ridiculous. So what is the REER? When we went there in 2003 every dinar was $3.22. When you add inflation factors to it 2 decades later 1 to 1 is an insult. At least catch up to the Middle East - $3.40...somewhere in that ballpark...
3-13-2023 Newshound/Intel Gurus MarkZ & Militia Man Militia Man: I believe that too …and they are de-dollarizing…and will only use the dinar. They have been talking about that for weeks...On Mar 6th they sent out messages to their citizens reminding them that their currency is going to be stronger. What they mean by “stronger” is still to be determined , and they are talking about releasing the lower notes that will mirror the denominations of other countries…and you would need a stronger dinar to warrant that. That’s a big thing. [post 3 of 3]
3-13-2023 Newshound Guru Pimpy [Reply to Nader's post from 3-11-2023 below] As far as the Iraq dinar being stronger than the US dollar - not right now. But eventually they'll get there I absolutely believe that. Not right away but not too far away neither...
3-13-2023 Newshound/Intel Gurus MarkZ & Militia Man MarkZ: I have one contractor who got a partial payment on a 7 day contract. Militia Man: The one I know got a partial payout as well. With expectation of the final payment on the 20th of March. MarkZ: To me this is huge. The partial payment was NOT at the current rate of the dinar. I am confident that the numbers are changing and they know what they are. [post 2 of 3....stay tuned]
3-13-2023 Newshound/Intel Gurus MarkZ & Militia Man Militia Man: ...There is always some good news out there. One of the things that caught my eyes is a recent visit from the Ayatollah Al Sistani. He had a few words to say about the Iraqi currency. He was basically reassuring the citizens that they can now trade it and sell around the world with other currencies...I know there are people with contracts that do business with the country of Iraq and are excited. MarkZ: I have contractors over there that work building infrastructure and they are excited. Militiaman: They should be…Some of the contracts I know have a 30 day timeline and some have a 7 day timeline. I know of one with a 30 day timeline that ends about Mar 20th…a week from today. So we will see how that works. [post 1 of 3....stay tuned]
3-13-2023 Newshound Guru Pimpy Nothing in this world would make me happier than to wake up tomorrow and find out that they did change the rate to $3 or whatever the hell it is that people keep saying...and me be wrong...I'd come on here...apologizing, telling everybody how wrong I was...
3-13-2023 Newshound Guru Militia Man At this stage of the game we're in a good place...
3-13-2023 Newshound Guru Sandy Ingram Article: "Iraq's central FX receivers rose to $96 ben, prime minister says" We already know the Iraqi government has over 85 billion U.S. dollars in foreign currency reserves...Iraq uses the U.S. Federal Reserve as a piggy bank.
3-13-2023 Intel Guru Frank26 IMO now we're down to a matter of days. It is not soon. It is not next week. I think it is this week. [for a new rate and new small category note articles] ...this is amazing what's happened with this monetary reform...
3-13-2023 Newshound Guru Clare Article: "The Cabinet approved the draft budget law for the years 2023, 2024 and 2025" Quote: "...in its regular session chaired by the Prime Minister, Muhammad Shia'a Al-Sudani, and refers it to the House of Representatives."
3-13-2023 Intel Guru MarkZ [via PDK] Bankers are scrambling this morning with final preparations…they believe we are about to see it over the next day or two. Some Iraq news. “Iraqi cabinet approves the budget bill for 2023-2025 and sends to parliament” So they are covering 3 years. It has made it out of the cabinet and gone to the parliament …Now parliament needs to pass it. This is huge news for us.
3-13-2023 Guru Nader From The Mid East Everybody's asking me if they can send money to Iraq with Apple Pay or a cash app. Tell you the truth I didn't try it and didn't try it in any country. I gotta try it to see. I never sent money with cash app to another country or Apple...We're gonna try tonight and I'll let you know...I know I can send money with Western Union. I can send money bank transfer. Yes, I can do that. Apps I've never tried so I gotta try it...Give me a couple days and I'll let you know. I know it's [dinar] international for sure. My friend told me and I saw 2 articles too.
3-13-2023 Newshound Guru Clare Article: "Adviser to the Prime Minister: Approval of the budget in a special session of the Council of Ministers tomorrow" Quote: "Adviser to the Prime Minister Diaa Al-Nasseri announced that the draft budget law for the current year 2023 will be approved in a special session of the Council of Ministers tomorrow, Monday."
3-13-2023 Newshound Guru Clare Article: "Taif Sami announces the completion of the "2023 budget" and sends it to the Council of Ministers for a vote"
3-13-2023 Intel Guru Wolverine I’m expecting big news from Zurich and Reno today guys. Let’s pray that we finally get that miracle call that we have all been waiting for so long.
3-13-2023 Intel Guru Frank26 Question: "What will the REER be?" That's the Real Effective Exchange Rate of the Iraqi dinar and it's no 1300 to 1. That's ridiculous. So what is the REER? When we went there in 2003 every dinar was $3.22. When you add inflation factors to it 2 decades later 1 to 1 is an insult. At least catch up to the Middle East - $3.40...somewhere in that ballpark...
3-13-2023 Newshound/Intel Gurus MarkZ & Militia Man Militia Man: I believe that too …and they are de-dollarizing…and will only use the dinar. They have been talking about that for weeks...On Mar 6th they sent out messages to their citizens reminding them that their currency is going to be stronger. What they mean by “stronger” is still to be determined , and they are talking about releasing the lower notes that will mirror the denominations of other countries…and you would need a stronger dinar to warrant that. That’s a big thing. [post 3 of 3]
3-13-2023 Newshound Guru Pimpy [Reply to Nader's post from 3-11-2023 below] As far as the Iraq dinar being stronger than the US dollar - not right now. But eventually they'll get there I absolutely believe that. Not right away but not too far away neither...
3-13-2023 Newshound/Intel Gurus MarkZ & Militia Man MarkZ: I have one contractor who got a partial payment on a 7 day contract. Militia Man: The one I know got a partial payout as well. With expectation of the final payment on the 20th of March. MarkZ: To me this is huge. The partial payment was NOT at the current rate of the dinar. I am confident that the numbers are changing and they know what they are. [post 2 of 3....stay tuned]
3-13-2023 Newshound/Intel Gurus MarkZ & Militia Man Militia Man: ...There is always some good news out there. One of the things that caught my eyes is a recent visit from the Ayatollah Al Sistani. He had a few words to say about the Iraqi currency. He was basically reassuring the citizens that they can now trade it and sell around the world with other currencies...I know there are people with contracts that do business with the country of Iraq and are excited. MarkZ: I have contractors over there that work building infrastructure and they are excited. Militiaman: They should be…Some of the contracts I know have a 30 day timeline and some have a 7 day timeline. I know of one with a 30 day timeline that ends about Mar 20th…a week from today. So we will see how that works. [post 1 of 3....stay tuned]
3-13-2023 Newshound Guru Pimpy Nothing in this world would make me happier than to wake up tomorrow and find out that they did change the rate to $3 or whatever the hell it is that people keep saying...and me be wrong...I'd come on here...apologizing, telling everybody how wrong I was...
3-13-2023 Newshound Guru Militia Man At this stage of the game we're in a good place...
3-13-2023 Newshound Guru Sandy Ingram Article: "Iraq's central FX receivers rose to $96 ben, prime minister says" We already know the Iraqi government has over 85 billion U.S. dollars in foreign currency reserves...Iraq uses the U.S. Federal Reserve as a piggy bank.
3-13-2023 Intel Guru Frank26 IMO now we're down to a matter of days. It is not soon. It is not next week. I think it is this week. [for a new rate and new small category note articles] ...this is amazing what's happened with this monetary reform...
3-13-2023 Newshound Guru Clare Article: "The Cabinet approved the draft budget law for the years 2023, 2024 and 2025" Quote: "...in its regular session chaired by the Prime Minister, Muhammad Shia'a Al-Sudani, and refers it to the House of Representatives."
3-13-2023 Intel Guru MarkZ [via PDK] Bankers are scrambling this morning with final preparations…they believe we are about to see it over the next day or two. Some Iraq news. “Iraqi cabinet approves the budget bill for 2023-2025 and sends to parliament” So they are covering 3 years. It has made it out of the cabinet and gone to the parliament …Now parliament needs to pass it. This is huge news for us.
3-13-2023 Guru Nader From The Mid East Everybody's asking me if they can send money to Iraq with Apple Pay or a cash app. Tell you the truth I didn't try it and didn't try it in any country. I gotta try it to see. I never sent money with cash app to another country or Apple...We're gonna try tonight and I'll let you know...I know I can send money with Western Union. I can send money bank transfer. Yes, I can do that. Apps I've never tried so I gotta try it...Give me a couple days and I'll let you know. I know it's [dinar] international for sure. My friend told me and I saw 2 articles too.
3-13-2023 Newshound Guru Clare Article: "Adviser to the Prime Minister: Approval of the budget in a special session of the Council of Ministers tomorrow" Quote: "Adviser to the Prime Minister Diaa Al-Nasseri announced that the draft budget law for the current year 2023 will be approved in a special session of the Council of Ministers tomorrow, Monday."
3-13-2023 Newshound Guru Clare Article: "Taif Sami announces the completion of the "2023 budget" and sends it to the Council of Ministers for a vote"
3-13-2023 Intel Guru Wolverine I’m expecting big news from Zurich and Reno today guys. Let’s pray that we finally get that miracle call that we have all been waiting for so long.
3-12-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-12-2023 Intel Guru Frank26 Question: "If you were to purchase dinar would you buy the 25K note or 50K notes and what year or does it matter?" It doesn't really matter. I suppose it matters for someone that has a limited amount and they're looking for diversification. For example if you have a 50K note - you've got to exchange that 50k note but if you have two 25k notes you can exchange one and hold onto the other one.
3-12-2023 Newshound Guru Pimpy [Reply to Nader's post from 3-11-2023 below] As far as the Iraq dinar being stronger than the US dollar - not right now. But eventually they'll get there I absolutely believe that. Not right away but not too far away neither...
3-12-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-12-2023 Newshound Guru Sandy Ingram Article: "Iraq: Government orders audit of official's funds" Iraq is considered one of the most corrupt countries in the world. It ranks 157th out of 180 nations on the Transparency International 2021 Corruption Index. The fact Iraq is now ordering the officials bank accounts to be audited is a big step towards stopping the flow of corruption and increasing the value of the currency.
3-12-2023 Intel Guru Frank26 Article: "Kuwaiti dinar first and US dollar tenth: the 10 most powerful currencies in the world" THEY TELL THE IRAQI CITIZENS THIS BECAUSE IT'S PART OF THE MONETARY REFORM EDUCATION & THE NATIONAL CURRENCY IS ABOUT TO BECOME POWERFUL! [NOTE: See the world's most valuable currency list in Guru Clare's post from yesterday below]
3-12-2023 Newshound Guru Breitling Iraq, what are they looking at? ...using the yuan, the euro and other currencies. They know the US dollar supply is going to retract. So they have to add value to the currency...every one is still fighting for the US dollar. The US dollar is going to be king...this is a massive game-changer because they have to do it [Change the value of the dinar].
3-12-2023 Newshound Guru Pimpy Article: "Kuwait Dinar First and US dollar Tenth: The 10 Strongest Coins in the World" What I think is cool...you have the Kuwait dinar, Bahrami dinar, the Jordanian dinar - so if dinar is part of your currency name it looks pretty promising. I can already hear you guys, 'There's no reason why Iraq can't be up there!" Well there's plenty of reason why it can't be up there but if we're just being honest...there's no reason why they couldn't be up here. I'm not saying it's going to happen overnight. It's going to happen over time...in increments. But there's no reason for them not to be on this list other than the fact that they're corrupt and they can't get their crap together.
3-12-2023 Guru Nader From The Mid East My friend from California called me and gave me great news. He's amazing...very smart guy, very sharp. He said...'you guys are international'...I can send you money from Iran and you revise it in dollar. You can send money anywhere in the world - you'll receive it in your currency wherever you are. We are International...That's good news. That's great news. We are international.
3-12-2023 Newshound/Intel Gurus Walkingstick & Frank26 The introduction of a float, which is coming, will give us the true value of the IQD...
3-12-2023 Intel Guru MarkZ [via PDK] We know when the money was spent in Iraq to print the lower denominations. “The Central bank announces the imminent introductions of large quantities of small denominations of the currency” this was Oct. 4th 2018. This is where they spent the money with DeLaRue to create these lower denominations.
3-12-2023 Intel Guru Frank26 Question: "If you were to purchase dinar would you buy the 25K note or 50K notes and what year or does it matter?" It doesn't really matter. I suppose it matters for someone that has a limited amount and they're looking for diversification. For example if you have a 50K note - you've got to exchange that 50k note but if you have two 25k notes you can exchange one and hold onto the other one.
3-12-2023 Newshound Guru Pimpy [Reply to Nader's post from 3-11-2023 below] As far as the Iraq dinar being stronger than the US dollar - not right now. But eventually they'll get there I absolutely believe that. Not right away but not too far away neither...
3-12-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-12-2023 Newshound Guru Sandy Ingram Article: "Iraq: Government orders audit of official's funds" Iraq is considered one of the most corrupt countries in the world. It ranks 157th out of 180 nations on the Transparency International 2021 Corruption Index. The fact Iraq is now ordering the officials bank accounts to be audited is a big step towards stopping the flow of corruption and increasing the value of the currency.
3-12-2023 Intel Guru Frank26 Article: "Kuwaiti dinar first and US dollar tenth: the 10 most powerful currencies in the world" THEY TELL THE IRAQI CITIZENS THIS BECAUSE IT'S PART OF THE MONETARY REFORM EDUCATION & THE NATIONAL CURRENCY IS ABOUT TO BECOME POWERFUL! [NOTE: See the world's most valuable currency list in Guru Clare's post from yesterday below]
3-12-2023 Newshound Guru Breitling Iraq, what are they looking at? ...using the yuan, the euro and other currencies. They know the US dollar supply is going to retract. So they have to add value to the currency...every one is still fighting for the US dollar. The US dollar is going to be king...this is a massive game-changer because they have to do it [Change the value of the dinar].
3-12-2023 Newshound Guru Pimpy Article: "Kuwait Dinar First and US dollar Tenth: The 10 Strongest Coins in the World" What I think is cool...you have the Kuwait dinar, Bahrami dinar, the Jordanian dinar - so if dinar is part of your currency name it looks pretty promising. I can already hear you guys, 'There's no reason why Iraq can't be up there!" Well there's plenty of reason why it can't be up there but if we're just being honest...there's no reason why they couldn't be up here. I'm not saying it's going to happen overnight. It's going to happen over time...in increments. But there's no reason for them not to be on this list other than the fact that they're corrupt and they can't get their crap together.
3-12-2023 Guru Nader From The Mid East My friend from California called me and gave me great news. He's amazing...very smart guy, very sharp. He said...'you guys are international'...I can send you money from Iran and you revise it in dollar. You can send money anywhere in the world - you'll receive it in your currency wherever you are. We are International...That's good news. That's great news. We are international.
3-12-2023 Newshound/Intel Gurus Walkingstick & Frank26 The introduction of a float, which is coming, will give us the true value of the IQD...
3-12-2023 Intel Guru MarkZ [via PDK] We know when the money was spent in Iraq to print the lower denominations. “The Central bank announces the imminent introductions of large quantities of small denominations of the currency” this was Oct. 4th 2018. This is where they spent the money with DeLaRue to create these lower denominations.
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3-11-2023 Intel Guru Frank26 Historically when has Iraq made a move/a change in their monetary structure? What months of the year does that normally happen? The answer is April and September. Therefor IMO March has a good chance for them to show them everything/explain everything to them and in April walk into the new exchange with a new currency...
3-11-2023 Newshound Guru Pimpy Inside Iraq they're gonna start using the dinars and start getting away from the American dollar. That's what they need to do if they want to strengthen their currency. They're going to have to pull away from using the US dollar. Not to mention there's already the gap between the official rate and the black market rate is getting wider again. One of the ways you can help tamper that down is stop offering the US dollars. Iraq is heading in that direction. Their ATMs are going to be dinars only. They're going to be limiting people to the amount of dollars they can have...that's a good thing for Iraq . It's a step in the right direction.
3-11-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-11-2023 Guru Nader From The Mid East There's no choice of Iraq using their own currency. We have to use our own currency...it's gonna change soon...the dinar would be always stronger than dollar...3x or 4x [more valuable than the US dollar]...
3-11-2023 Newshound Guru Sandy Ingram There are rumors Iraq has been told not to revalue the currency below a set amount...[we're] neither able to confirm or deny these rumors...
3-11-2023 Newshound Guru Clare Article Continued: "Here are the 10 most powerful currencies: 1. The Kuwaiti dinar - Is the strongest currency in the world..buys 3.26 US dollars (or in other words, 1 US dollar is equivalent to 0.31 Kuwaiti dinars, meaning that every Kuwaiti dinar is equivalent to about 3 dollars). 2. The Bahraini dinar - one Bahraini dinar buying 2.65 US dollars (or one dollar equals 0.38 Bahraini dinars). 3. The Omani Rial 4. The Jordanian dinar 5. Sterling 6. The Cayman Islands dollar 7. Gibraltar pound 8. Swiss francs 9. EUR 10. US dollars" [Post 2 of 2]
3-11-2023 Newshound Guru Clare Article: "Kuwaiti dinar first and US dollar tenth: the 10 most powerful currencies in the world" Quote: "The American "Forbes" magazine stated that the US dollar is not the strongest currency in the world, but rather the Kuwaiti dinar, and with a big difference between them. The American magazine stated that the US dollar is generally seen as the most powerful currency in the world, adding that it is the most traded currency on the world stage, but it is surprising that the "dollar" is not the most powerful paper currency, among the world's 180 legally recognized currencies. all over the world. [Post 1 of 2....stay tuned]
3-11-2023 Intel Guru MarkZ [via PDK] IMO we are on the cusp of this. There is a lot of news showing the stage is being set for this week... MEMBER QUESTION: Mark do you believe we are now in a window for new currency and a 1 to 1 rate to come to fruition? Yes. Although I believe our rate will be higher.
3-11-2023 Newshound Guru Militia Man You haven't seen Al-Sadr come into play. He hasn't forced thousands or tens of thousands of people into the street so he must be confident that what he's seeing is the reforms are on their way...
3-11-2023 Intel Guru Frank26 Article: "The Central Bank of Iraq decides to use only the local currency at ATMs". THE MONETARY REFORM NOW DEMANDS... THE NSCN's [New Small Category Note]!
3-11-2023 Guru Nader From The Mid East What I'm gonna show you today I'm not sure about. Somebody send it to me...they sent me the video of it...I'm not sure. I don't know if this guy printed them but I'm gonna show you the fifty new Iraqi dinars...if it's not true it's not me. Somebody send it to me. [UPDATE: It appears this note is the discontinued 50 dinar note. It appears not to be a NSCN. NOTE: Guru Nader shared because it could have turned out to be important...the more eyes we have on things the better.]
3-11-2023 Intel Guru Frank26 Historically when has Iraq made a move/a change in their monetary structure? What months of the year does that normally happen? The answer is April and September. Therefor IMO March has a good chance for them to show them everything/explain everything to them and in April walk into the new exchange with a new currency...
3-11-2023 Newshound Guru Pimpy Inside Iraq they're gonna start using the dinars and start getting away from the American dollar. That's what they need to do if they want to strengthen their currency. They're going to have to pull away from using the US dollar. Not to mention there's already the gap between the official rate and the black market rate is getting wider again. One of the ways you can help tamper that down is stop offering the US dollars. Iraq is heading in that direction. Their ATMs are going to be dinars only. They're going to be limiting people to the amount of dollars they can have...that's a good thing for Iraq . It's a step in the right direction.
3-11-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-11-2023 Guru Nader From The Mid East There's no choice of Iraq using their own currency. We have to use our own currency...it's gonna change soon...the dinar would be always stronger than dollar...3x or 4x [more valuable than the US dollar]...
3-11-2023 Newshound Guru Sandy Ingram There are rumors Iraq has been told not to revalue the currency below a set amount...[we're] neither able to confirm or deny these rumors...
3-11-2023 Newshound Guru Clare Article Continued: "Here are the 10 most powerful currencies: 1. The Kuwaiti dinar - Is the strongest currency in the world..buys 3.26 US dollars (or in other words, 1 US dollar is equivalent to 0.31 Kuwaiti dinars, meaning that every Kuwaiti dinar is equivalent to about 3 dollars). 2. The Bahraini dinar - one Bahraini dinar buying 2.65 US dollars (or one dollar equals 0.38 Bahraini dinars). 3. The Omani Rial 4. The Jordanian dinar 5. Sterling 6. The Cayman Islands dollar 7. Gibraltar pound 8. Swiss francs 9. EUR 10. US dollars" [Post 2 of 2]
3-11-2023 Newshound Guru Clare Article: "Kuwaiti dinar first and US dollar tenth: the 10 most powerful currencies in the world" Quote: "The American "Forbes" magazine stated that the US dollar is not the strongest currency in the world, but rather the Kuwaiti dinar, and with a big difference between them. The American magazine stated that the US dollar is generally seen as the most powerful currency in the world, adding that it is the most traded currency on the world stage, but it is surprising that the "dollar" is not the most powerful paper currency, among the world's 180 legally recognized currencies. all over the world. [Post 1 of 2....stay tuned]
3-11-2023 Intel Guru MarkZ [via PDK] IMO we are on the cusp of this. There is a lot of news showing the stage is being set for this week... MEMBER QUESTION: Mark do you believe we are now in a window for new currency and a 1 to 1 rate to come to fruition? Yes. Although I believe our rate will be higher.
3-11-2023 Newshound Guru Militia Man You haven't seen Al-Sadr come into play. He hasn't forced thousands or tens of thousands of people into the street so he must be confident that what he's seeing is the reforms are on their way...
3-11-2023 Intel Guru Frank26 Article: "The Central Bank of Iraq decides to use only the local currency at ATMs". THE MONETARY REFORM NOW DEMANDS... THE NSCN's [New Small Category Note]!
3-11-2023 Guru Nader From The Mid East What I'm gonna show you today I'm not sure about. Somebody send it to me...they sent me the video of it...I'm not sure. I don't know if this guy printed them but I'm gonna show you the fifty new Iraqi dinars...if it's not true it's not me. Somebody send it to me. [UPDATE: It appears this note is the discontinued 50 dinar note. It appears not to be a NSCN. NOTE: Guru Nader shared because it could have turned out to be important...the more eyes we have on things the better.]
Possible leaked new 50 Iraqi dinar small category note
3-11-2023 Intel Guru MarkZ [via PDK] I am still getting reports that they expect to start training folks on the lower denoms as early as next week. When this does occur I guess there may be a total blackout in communications in Iraq…or canned and recycled news. They will need a few days to keep things quiet…imo. Before they let everyone into the banks.
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3-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The news...saying we're going to be the hub for the trading world for the region as well as to reach international means. Telling us our float will add value to our currency. FRANK: We March into the month of March to show your new exchange rate and your new small category notes and everything you just told me enforces it...
3-10-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-10-2023 Newshound Guru Sandy Ingram The currency rate still does not show 1300 dinars to $1 U.S. on the international markets. We are waiting for so much more to happen. We know Iraq has the ability but what we have to wonder is if they have the desire...
3-10-2023 Intel Guru MarkZ [via PDK] From Iraq: “The Central Bank of Iraq decides to only use local currency at ATM’s” Think about this – their money doesn’t have much value right now…it takes a big stack just to buy groceries or pay bills. But…now the ATMS are only set up to dispense Iraqi dinar. Why would they do this? They are clearly anticipating more value and lower denominations...I am excited on the news we are getting…finally seeing something tangible and real that we can see.
3-10-2023 Newshound Guru Militia Man Regarding dealing with the yuan, which is the Chinese currency, [The council of Ministers] says there's a continuous communication by the Central Bank with Chinese banks in order to activate and allow merchants to directly transfer...Iraq is gearing to be fully international trading dinar for yuan for foreign trade is so timely...I pretty happy about that I think you all should be as well...
3-10-2023 Intel Guru Bruce [via WiserNow] ...we've heard this from three or more different sources - some are saying that we will receive this [notifications] in three to four days, which would be Friday, Saturday, Sunday...or Monday...two other sources has specifically said that we would receive this over the weekend...I just don't know if it's going to stretch us out to early next week...I know it's coming...So we are really, really close...I would think we'd be pretty, pretty good shape for Saturday or Sunday.
3-10-2023 Newshound Guru Pimpy Article: "The Central Bank of Iraq decides to us the local currency only with ATMs" That's good. I'm excited about that. To me it's a big step. It's one of the things you got to do is start getting people away from the US dollar. Get them in the habit of using their local currencies.
3-10-2023 Intel Guru Frank26 Question: "When they get to 1 to 1 will it float internationally immediately?" Yes instantly. One day you're going to wake up and you're going to go to the CBI website and you're going see the new exchange rate. There won't be any jet airplanes flying over Iraq. There won't be any guns going off in celebration. It'll be a normal business day. [NOTE: You can always see the latest CBI official exchange rate in the left column of this page.]
3-10-2023 Intel Guru MarkZ [via PDK] After years of the same old roller coaster...the news has been solid and it’s all good ...everything is prepared and ready. There are rumors in Iraq that the lower denominations could be released next week. [Guru] Nader says he believes it [dinar] will be worth 3 to 4 times than the US dollar. And I believe that is accurate.
3-10-2023 Guru Nader From The Mid East Remember in December...I said when Iraq we started using only dinars that's where you're gonna be happier. You're gonna see the difference...then couple days ago and said, 'Hey Iraq would be using only dinar next couple of days'. That's what happened yesterday...
3-10-2023 Newshound Guru Clare Article: "Sudanese advisor: The "parallel" exchange rate will approach the "official" in this case" Quote: "Saleh said, If the daily sales of the Central Bank of Iraq window reach approximately $200 million per working day and continuously, then certainly the parallel market will shrink and exchange rates in it will approach the fixed central official market"
3-10-2023 Intel Guru Frank26 We are now in the month of March and we're marching into the monetary reform education that we call the 2nd article from the CBI. Very very soon. I still hoping this week...deep in my heart no later than next week IMO there's going to be another article coming out and it's going to show them the new exchange rate and the new small category notes and explain everything to them, including the float.
3-10-2023 Intel Guru MarkZ [via PDK] A good, solid article from the CBI. “The Central Bank decides to use the local currency only at ATMs“ Why is this important? This is their de-dollarization …by only using their dinar it is telling us they think their currency is steady and stable. This is fantastic news.
3-10-2023 Newshound/Intel Guru Mnt Goat The news today from the CBI is flat out telling us and I quote – “ADOPTION OF THE NATIONAL CURRENCY” in Iraq. Yes, this was the CBI itself telling us this news... they already de-pegged from the dollar and we are now just waiting for the second new rate adjustment and then then new basket of currencies that they will re-peg to once they move to FOREX....Folks we are soooooo close to the RV I can hardly maintain myself and stay calm... [post 2 of 2]
3-10-2023 Newshound/Intel Guru Mnt Goat ... Over the weekend I talked to my CBI contact and I was told to expect the second of the two rate changes “within 7 to 14 days”. Then I was also told they needed to begin the education process of the newer lower denominations and we could expect this effort only when we get really close...It is my guess that these newer notes should come out sometime in March or early April... [post 1 of 2....stay tuned]
3-10-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The news...saying we're going to be the hub for the trading world for the region as well as to reach international means. Telling us our float will add value to our currency. FRANK: We March into the month of March to show your new exchange rate and your new small category notes and everything you just told me enforces it...
3-10-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-10-2023 Newshound Guru Sandy Ingram The currency rate still does not show 1300 dinars to $1 U.S. on the international markets. We are waiting for so much more to happen. We know Iraq has the ability but what we have to wonder is if they have the desire...
3-10-2023 Intel Guru MarkZ [via PDK] From Iraq: “The Central Bank of Iraq decides to only use local currency at ATM’s” Think about this – their money doesn’t have much value right now…it takes a big stack just to buy groceries or pay bills. But…now the ATMS are only set up to dispense Iraqi dinar. Why would they do this? They are clearly anticipating more value and lower denominations...I am excited on the news we are getting…finally seeing something tangible and real that we can see.
3-10-2023 Newshound Guru Militia Man Regarding dealing with the yuan, which is the Chinese currency, [The council of Ministers] says there's a continuous communication by the Central Bank with Chinese banks in order to activate and allow merchants to directly transfer...Iraq is gearing to be fully international trading dinar for yuan for foreign trade is so timely...I pretty happy about that I think you all should be as well...
3-10-2023 Intel Guru Bruce [via WiserNow] ...we've heard this from three or more different sources - some are saying that we will receive this [notifications] in three to four days, which would be Friday, Saturday, Sunday...or Monday...two other sources has specifically said that we would receive this over the weekend...I just don't know if it's going to stretch us out to early next week...I know it's coming...So we are really, really close...I would think we'd be pretty, pretty good shape for Saturday or Sunday.
3-10-2023 Newshound Guru Pimpy Article: "The Central Bank of Iraq decides to us the local currency only with ATMs" That's good. I'm excited about that. To me it's a big step. It's one of the things you got to do is start getting people away from the US dollar. Get them in the habit of using their local currencies.
3-10-2023 Intel Guru Frank26 Question: "When they get to 1 to 1 will it float internationally immediately?" Yes instantly. One day you're going to wake up and you're going to go to the CBI website and you're going see the new exchange rate. There won't be any jet airplanes flying over Iraq. There won't be any guns going off in celebration. It'll be a normal business day. [NOTE: You can always see the latest CBI official exchange rate in the left column of this page.]
3-10-2023 Intel Guru MarkZ [via PDK] After years of the same old roller coaster...the news has been solid and it’s all good ...everything is prepared and ready. There are rumors in Iraq that the lower denominations could be released next week. [Guru] Nader says he believes it [dinar] will be worth 3 to 4 times than the US dollar. And I believe that is accurate.
3-10-2023 Guru Nader From The Mid East Remember in December...I said when Iraq we started using only dinars that's where you're gonna be happier. You're gonna see the difference...then couple days ago and said, 'Hey Iraq would be using only dinar next couple of days'. That's what happened yesterday...
3-10-2023 Newshound Guru Clare Article: "Sudanese advisor: The "parallel" exchange rate will approach the "official" in this case" Quote: "Saleh said, If the daily sales of the Central Bank of Iraq window reach approximately $200 million per working day and continuously, then certainly the parallel market will shrink and exchange rates in it will approach the fixed central official market"
3-10-2023 Intel Guru Frank26 We are now in the month of March and we're marching into the monetary reform education that we call the 2nd article from the CBI. Very very soon. I still hoping this week...deep in my heart no later than next week IMO there's going to be another article coming out and it's going to show them the new exchange rate and the new small category notes and explain everything to them, including the float.
3-10-2023 Intel Guru MarkZ [via PDK] A good, solid article from the CBI. “The Central Bank decides to use the local currency only at ATMs“ Why is this important? This is their de-dollarization …by only using their dinar it is telling us they think their currency is steady and stable. This is fantastic news.
3-10-2023 Newshound/Intel Guru Mnt Goat The news today from the CBI is flat out telling us and I quote – “ADOPTION OF THE NATIONAL CURRENCY” in Iraq. Yes, this was the CBI itself telling us this news... they already de-pegged from the dollar and we are now just waiting for the second new rate adjustment and then then new basket of currencies that they will re-peg to once they move to FOREX....Folks we are soooooo close to the RV I can hardly maintain myself and stay calm... [post 2 of 2]
3-10-2023 Newshound/Intel Guru Mnt Goat ... Over the weekend I talked to my CBI contact and I was told to expect the second of the two rate changes “within 7 to 14 days”. Then I was also told they needed to begin the education process of the newer lower denominations and we could expect this effort only when we get really close...It is my guess that these newer notes should come out sometime in March or early April... [post 1 of 2....stay tuned]
3-9-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-9-2023 Intel Guru Frank26 Question "Will they go to 1000 prior to 1 to 1?" It's 1300 right now...we believe the next move will be 1190...Why? Because they've used that exchange rate before...I would much rather they go to 1000 to 1...that will excite me. That will really get my attention. Because at 1000 to 1 you just knock off the 3-zeros and it's 1 to 1. At that point the Iraqi dinar will be worth $1 inside of Iraq ...
3-9-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-9-2023 Newshound Guru Breitling Community comment/question "I keep talking about what I'm watching. What Iraq is watching. What position? How are they posturing? How are they looking at the globe financially to help make the decision when they're going to add value to the currency?" Because they will and they are. They've stated it over and over again. It's never been a debate...
3-9-2023 Guru Nader From The Mid East The budget will be sent to Parliament next month...the first week of April the budget will be sent to Parliament.
3-9-2023 Newshound Guru Sandy Ingram Barron's Article: "Iraq issues Arrest Warrants In 'Heist Of The Century" Taming corruption will help increase the value of the dinar. It will also gain the people's trust which is greatly needed to get bank deposits up. All of this plays into the hands of increasing the value of the Iraqi dinar against the U.S. dollar.
3-9-2023 Guest Guru Deepwoodz Article: "Wasata and a long wait"... Citizens are dissatisfied with the procedures of "dollar banks" in Iraq" The squeeze is on. Hard for them to get the dollar they are so used to using. Sudani telling them to keep their dinar but they have to use something. This can’t go on for much longer I would think.
3-9-2023 Intel Guru Frank26 IMO this week, no later than into next week they're going to show you [Iraqi's] your new small category notes in an article and they're going to introduce to you citizens of Iraq another new exchange rate. After that a float will commence for your currency which means you will have an exchange rate of at least 1 to 1 inside of your country [Iraq]. These are exciting time.
3-9-2023 Newshound/Intel Gurus Walkingstick & Frank26 [Iraqi bank friends update] The new articles concerning the new exchange rate and new small category notes are slated to be released in the coming days.
3-9-2023 Newshound Guru Militia Man We are seeing data that supports the World Trade Organization, the Government of Iraq, the Regional Government and the Grand Ayatollah Al- Sistani support for reforms and have edicts and agreements that are set now. The citizens know where they stand on currency exchange do's and don'ts per Sistani, progress on accession to the WTO and most of all the finalized agreement of the Oil & Gas Law and 2023 Budget Draft Law between both sides of Erbil and Baghdad. What else is to be done? Watch and see what they do.
3-9-2023 Intel Guru MarkZ [via PDK] Chatter from Iraq is they have dotted all their I’s and crossed all their t’s and we should get ready. They are going to start educating people on lower denominations at any moment. I absolutely believe things are happening or I would not be here. I have many more things I could be doing if I did not believe we were this close.
3-9-2023 Newshound Guru Pimpy IMO they are truly after all these years very close to finally coming up with the agreement between Kurdistan the federal government of Iraq. If they can come up with this agreement and they finalize it and they agree with the gas and oil law which everybody and their mama out there in dinar world told that once that is signed...'oh man the Iraqi dinar to the moon!'...I think it's a great first step...Once it's signed I'm curious to see where Iraq goes in the future but I wouldn't be holding my breath too long. Let's first get this agreement signed...that's one of the major boxes that need to be checked...
3-9-2023 Newshound Guru Clare Article: "The Central Bank of Iraq decides to use only the local currency at ATMs " Quote "...it was decided that the electronic financial services provided inside Iraq Through (automated teller machines, point-of-sale devices, electronic payment gateway) in the Iraqi dinar."
3-9-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All day showing on the news leaders of Iraq...say to us buy in dinar and soon our dinars will be trading and exchanging with other currencies... FRANK: I agree...a float...they're telling them hold onto your dinars, don't get rid of them...They are going to be worth money...
3-9-2023 Newshound/Intel Guru Mnt Goat Article: "ADOPTION OF THE NATIONAL CURRENCY (CBI)" Quote: "...the Central Bank of Iraq to encourage reliance on the national currency in financial transactions inside Iraq provided by the banking system and non-bank financial institutions" It is articles like this one that is music to my ears (eyes)…Yes, we know for sure and without a doubt that the reinstatement of the Iraq dinar is just around the corner.
3-9-2023 Intel Guru MarkZ [via PDK] ...Iraq does a tremendous amount of trade with Vietnam and Vietnam is already prepared and ready to change their value. The US state dept has been pushing them to change their value ...I have been told…that the same time Iraq goes…or within days…then Vietnam will go as well...
3-9-2023 Intel Guru Frank26 Question "Will they go to 1000 prior to 1 to 1?" It's 1300 right now...we believe the next move will be 1190...Why? Because they've used that exchange rate before...I would much rather they go to 1000 to 1...that will excite me. That will really get my attention. Because at 1000 to 1 you just knock off the 3-zeros and it's 1 to 1. At that point the Iraqi dinar will be worth $1 inside of Iraq ...
3-9-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-9-2023 Newshound Guru Breitling Community comment/question "I keep talking about what I'm watching. What Iraq is watching. What position? How are they posturing? How are they looking at the globe financially to help make the decision when they're going to add value to the currency?" Because they will and they are. They've stated it over and over again. It's never been a debate...
3-9-2023 Guru Nader From The Mid East The budget will be sent to Parliament next month...the first week of April the budget will be sent to Parliament.
3-9-2023 Newshound Guru Sandy Ingram Barron's Article: "Iraq issues Arrest Warrants In 'Heist Of The Century" Taming corruption will help increase the value of the dinar. It will also gain the people's trust which is greatly needed to get bank deposits up. All of this plays into the hands of increasing the value of the Iraqi dinar against the U.S. dollar.
3-9-2023 Guest Guru Deepwoodz Article: "Wasata and a long wait"... Citizens are dissatisfied with the procedures of "dollar banks" in Iraq" The squeeze is on. Hard for them to get the dollar they are so used to using. Sudani telling them to keep their dinar but they have to use something. This can’t go on for much longer I would think.
3-9-2023 Intel Guru Frank26 IMO this week, no later than into next week they're going to show you [Iraqi's] your new small category notes in an article and they're going to introduce to you citizens of Iraq another new exchange rate. After that a float will commence for your currency which means you will have an exchange rate of at least 1 to 1 inside of your country [Iraq]. These are exciting time.
3-9-2023 Newshound/Intel Gurus Walkingstick & Frank26 [Iraqi bank friends update] The new articles concerning the new exchange rate and new small category notes are slated to be released in the coming days.
3-9-2023 Newshound Guru Militia Man We are seeing data that supports the World Trade Organization, the Government of Iraq, the Regional Government and the Grand Ayatollah Al- Sistani support for reforms and have edicts and agreements that are set now. The citizens know where they stand on currency exchange do's and don'ts per Sistani, progress on accession to the WTO and most of all the finalized agreement of the Oil & Gas Law and 2023 Budget Draft Law between both sides of Erbil and Baghdad. What else is to be done? Watch and see what they do.
3-9-2023 Intel Guru MarkZ [via PDK] Chatter from Iraq is they have dotted all their I’s and crossed all their t’s and we should get ready. They are going to start educating people on lower denominations at any moment. I absolutely believe things are happening or I would not be here. I have many more things I could be doing if I did not believe we were this close.
3-9-2023 Newshound Guru Pimpy IMO they are truly after all these years very close to finally coming up with the agreement between Kurdistan the federal government of Iraq. If they can come up with this agreement and they finalize it and they agree with the gas and oil law which everybody and their mama out there in dinar world told that once that is signed...'oh man the Iraqi dinar to the moon!'...I think it's a great first step...Once it's signed I'm curious to see where Iraq goes in the future but I wouldn't be holding my breath too long. Let's first get this agreement signed...that's one of the major boxes that need to be checked...
3-9-2023 Newshound Guru Clare Article: "The Central Bank of Iraq decides to use only the local currency at ATMs " Quote "...it was decided that the electronic financial services provided inside Iraq Through (automated teller machines, point-of-sale devices, electronic payment gateway) in the Iraqi dinar."
3-9-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: All day showing on the news leaders of Iraq...say to us buy in dinar and soon our dinars will be trading and exchanging with other currencies... FRANK: I agree...a float...they're telling them hold onto your dinars, don't get rid of them...They are going to be worth money...
3-9-2023 Newshound/Intel Guru Mnt Goat Article: "ADOPTION OF THE NATIONAL CURRENCY (CBI)" Quote: "...the Central Bank of Iraq to encourage reliance on the national currency in financial transactions inside Iraq provided by the banking system and non-bank financial institutions" It is articles like this one that is music to my ears (eyes)…Yes, we know for sure and without a doubt that the reinstatement of the Iraq dinar is just around the corner.
3-9-2023 Intel Guru MarkZ [via PDK] ...Iraq does a tremendous amount of trade with Vietnam and Vietnam is already prepared and ready to change their value. The US state dept has been pushing them to change their value ...I have been told…that the same time Iraq goes…or within days…then Vietnam will go as well...
3-8-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-8-2023 Newshound Guru Militia Man There's some interesting information. The Ministry of Planning and the European Union are supporting Iraq to join the World Trade Organization...European Union, International Trade Center and Department of International cooperation ... getting together for that support. We're going to see how these guys work it out...progress is underway. It's not stopping...
3-8-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-8-2023 Newshound Guru Pimpy Article: "An 'important' statement from Al-Kazemi regarding the recent arrest warrants against his government team" Al-Kazemi has become the Donald Trump of Iraq. As soon as that guy got out of office they're going to go after him with everything trying very hard to find ways to implement this guy so they could throw him in jail.
3-8-2023 Intel Guru MarkZ [via PDK] Banks are still seeing different rates on the screens. The one that pops up most is a dinar rate of $1.51. It could just be a place holder.
3-8-2023 Guru Nader From The Mid East A friend of mine told me...you can transfer money from Iraq to anywhere in the world. That's very good news. I'm happy...
3-8-2023 Intel Guru Bruce [via WiserNow] Over the weekend, we found out that we had so called green light turned on by military to begin exchanges ...we also had the green light turned on by the Treasury to begin these exchanges...we do feel that we are very close to the end of our ride...we should be getting clearance to land this baby, any day... I don't have an actual window for you. I don't have an actual timeframe... but we know that this is very close, and we just have to wait it out.
3-8-2023 Intel Guru MarkZ [via PDK] ...we do not need to be concerned about the budget…as we understand it – we need the rate before the budget. The important part of the budget is the hydrocarbon law.(HCL) which is the sharing of oil revenues with the Iraqi people...
3-8-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking about using the dinar and not the dollar. They keep telling us the dinar will have more value... FRANK: This is the 3rd time in Firefly's report - 'they're telling us to hold onto our dinar because it's going to have more value'. The 3-Zero note you have [Firefly] they want you to hold onto them because you're going to trade them in for the new exchange rate that has more purchasing value...your ticket to paradise is your 3-zero notes internally. My ticket to paradise is the same 3-zero notes but externally.
3-8-2023 Guest Guru Deepwoodz Article: "The draft budget law 2023 will not be included on the cabinet table" Quote: "the draft budget law for the current year will be ready and will be sent to the House of Representatives by the end of this month." Great news! We don’t want the budget yet.
3-8-2023 Newshound Guru Militia Man Sistani Grand Ayatollah coming out and talking about foreign currency exchange with the citizens is some of the best education I've seen in 13 years. I take it very seriously. I'm very excited about it because he's not a banker. He's not a businessman. He is a cleric. He's a religious man. But when he speaks to his citizens they listen and so what he did was he was educating them...it's all good for us.
3-8-2023 Intel Guru MarkZ [via PDK] The news has been great and we know Iraq is ready for it. It is my understanding again that they need the rate before the budget. This news is encouraging and we can see the logical steps towards the establishment of their currency. We are hearing similar things from Vietnam that they are also ready...I have been told by folks involved in it...that we are minute to minute. And yes…it is event driven. I wish I could tell you more than that.
3-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] They will explain to them in detail...purchasing power...and how to use it in their markets. The pricing in the markets will have to be adjusted and will be explained...They will be made aware of the time frame to exchange from the higher notes to the lower notes and any co-existing of currency...The wiring of currency outside of their country to wherever they want will be explained to them in details...BTW All of this is going to be in that article in the coming days...Anything on the banking services there will be a slew of articles coming very soon...All of this monetary reform education is for the citizens of Iraq and not for the investors... [Post 2 of 2]
3-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] The article that is about to come out will deal with depictions [Of the new small category notes]...visual aids. They will also give them descriptions - security features, size, the number of notes to be released, denominations, the category of the denominations, colors. Everything that they put on these new small category notes is all about Iraqi history...They will explain to them how to do the exchange from the large 3-zero notes to the new small category notes and coins/fils...They will talk about how this will affect the market place. [Post 1 of 2....stay tuned]
3-8-2023 Newshound/Intel Guru Mnt Goat Article: "AFTER 20 YEARS… WILL ARTICLE 140 BECOME A REALITY?" There is a real movement for the implementation of Article (140) of the Iraqi constitution. As we all should know the new Iraqi constitution must be fully implemented or at least on it way prior to the reinstatement... we see yet another positive sign that the Al-Sudani administration is very serious about finally implementing Article 140...
3-8-2023 Newshound Guru Militia Man There's some interesting information. The Ministry of Planning and the European Union are supporting Iraq to join the World Trade Organization...European Union, International Trade Center and Department of International cooperation ... getting together for that support. We're going to see how these guys work it out...progress is underway. It's not stopping...
3-8-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-8-2023 Newshound Guru Pimpy Article: "An 'important' statement from Al-Kazemi regarding the recent arrest warrants against his government team" Al-Kazemi has become the Donald Trump of Iraq. As soon as that guy got out of office they're going to go after him with everything trying very hard to find ways to implement this guy so they could throw him in jail.
3-8-2023 Intel Guru MarkZ [via PDK] Banks are still seeing different rates on the screens. The one that pops up most is a dinar rate of $1.51. It could just be a place holder.
3-8-2023 Guru Nader From The Mid East A friend of mine told me...you can transfer money from Iraq to anywhere in the world. That's very good news. I'm happy...
3-8-2023 Intel Guru Bruce [via WiserNow] Over the weekend, we found out that we had so called green light turned on by military to begin exchanges ...we also had the green light turned on by the Treasury to begin these exchanges...we do feel that we are very close to the end of our ride...we should be getting clearance to land this baby, any day... I don't have an actual window for you. I don't have an actual timeframe... but we know that this is very close, and we just have to wait it out.
3-8-2023 Intel Guru MarkZ [via PDK] ...we do not need to be concerned about the budget…as we understand it – we need the rate before the budget. The important part of the budget is the hydrocarbon law.(HCL) which is the sharing of oil revenues with the Iraqi people...
3-8-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking about using the dinar and not the dollar. They keep telling us the dinar will have more value... FRANK: This is the 3rd time in Firefly's report - 'they're telling us to hold onto our dinar because it's going to have more value'. The 3-Zero note you have [Firefly] they want you to hold onto them because you're going to trade them in for the new exchange rate that has more purchasing value...your ticket to paradise is your 3-zero notes internally. My ticket to paradise is the same 3-zero notes but externally.
3-8-2023 Guest Guru Deepwoodz Article: "The draft budget law 2023 will not be included on the cabinet table" Quote: "the draft budget law for the current year will be ready and will be sent to the House of Representatives by the end of this month." Great news! We don’t want the budget yet.
3-8-2023 Newshound Guru Militia Man Sistani Grand Ayatollah coming out and talking about foreign currency exchange with the citizens is some of the best education I've seen in 13 years. I take it very seriously. I'm very excited about it because he's not a banker. He's not a businessman. He is a cleric. He's a religious man. But when he speaks to his citizens they listen and so what he did was he was educating them...it's all good for us.
3-8-2023 Intel Guru MarkZ [via PDK] The news has been great and we know Iraq is ready for it. It is my understanding again that they need the rate before the budget. This news is encouraging and we can see the logical steps towards the establishment of their currency. We are hearing similar things from Vietnam that they are also ready...I have been told by folks involved in it...that we are minute to minute. And yes…it is event driven. I wish I could tell you more than that.
3-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] They will explain to them in detail...purchasing power...and how to use it in their markets. The pricing in the markets will have to be adjusted and will be explained...They will be made aware of the time frame to exchange from the higher notes to the lower notes and any co-existing of currency...The wiring of currency outside of their country to wherever they want will be explained to them in details...BTW All of this is going to be in that article in the coming days...Anything on the banking services there will be a slew of articles coming very soon...All of this monetary reform education is for the citizens of Iraq and not for the investors... [Post 2 of 2]
3-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] The article that is about to come out will deal with depictions [Of the new small category notes]...visual aids. They will also give them descriptions - security features, size, the number of notes to be released, denominations, the category of the denominations, colors. Everything that they put on these new small category notes is all about Iraqi history...They will explain to them how to do the exchange from the large 3-zero notes to the new small category notes and coins/fils...They will talk about how this will affect the market place. [Post 1 of 2....stay tuned]
3-8-2023 Newshound/Intel Guru Mnt Goat Article: "AFTER 20 YEARS… WILL ARTICLE 140 BECOME A REALITY?" There is a real movement for the implementation of Article (140) of the Iraqi constitution. As we all should know the new Iraqi constitution must be fully implemented or at least on it way prior to the reinstatement... we see yet another positive sign that the Al-Sudani administration is very serious about finally implementing Article 140...
3-7-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-7-2023 Intel Guru MarkZ [via PDK] This is the biggest news piece of the day today. “KRG Finance Minister: We agreed with Baghdad on the share of Kurdistan in the 2023 budget” this is from the Kurdish region finance minister. This is very big news. This has never happened before…. It’s huge. We have never been at this point before …and it’s exciting.
3-7-2023 Newshound Guru Pimpy It's on the exchange...the Iraqi dinar is. It's not on the big one, Forex, but it is on the local exchange...right now it's trading on the open market at 1459 dinars for every $1...that's the one [1459] you don't want to get higher. The higher this gets the worse off it is for us. That means more people are wanting US dollars and they're willing to pay more Iraqi dinar for that. We don't want that to happen but right now it's been maintaining in the same area now for quite some time.
3-7-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-7-2023 Intel Guru Frank26 How long will the float go before they cap it? ...possibly inside of a year and then afterwards will they cancel the 3-zero notes? ...probably not. No. The central bank wants to collect all of them.
3-7-2023 Guest Guru Deepwoodz Article "Parliamentary Finance stresses the introduction of the new salary scale before the budget legislation" I’ve often thought about some of the things they would have to do BEFORE changing the rate. One of those things was to change the salary scale. Why? Google shows the national minimum wage to be 250,000-350,000 dinar per MONTH. Not much income at 1460 or even 1310, but if you plan on going through a major change, it would behoove you to change the scale accordingly. Don’t ya think? ...it states that has been the going rate since 2018. Which one can also confer that during the rate change in Dec. 2020, they did not make an adjustment. They also did not make an adjustment BEFORE going back to 1310. So, Why do they need one now would be the next question I would ask, with a grin on my face?!
3-7-2023 Guru Nader From The Mid East The street demonstrations you see...First it's for the food baskets. Second is for what we call it ID - retired people want more money. Third is for the exchange rate...purchasing power. Power to purchase more things with their money. That's what they want to do. That's why you see there's a demonstration.
3-7-2023 Newshound Guru Sandy Ingram The Federal Reserve Bank in New York City had a fit and began implementing restrictions...You see, the U.S. holds the money Iraq makes from oil sales...Iraq is caught between the U.S. massive amounts of oil revenue and OPEC controlling Iraq's oil exports and Iran controlling Iraq's electricity...the bottom line - Iran obtained large large amounts of the Iraqi currency that Iraq needs to pay government salaries and run the government...this is a global issue. [Post 2 of 2]
3-7-2023 Newshound Guru Sandy Ingram How Iraq caused the currency crisis - Here's what happened. Iraq spends around $900 million a month on Iranian goods. $50...is for electricity and gas...Now the mistake - The U.S. and Iraq decided to pay Iran in Iraqi dinars. Surprisingly Iran said okay. Iran then proceeded to the Iraqi daily exchange auctions to trade the dinars for U.S dollars. [Post 1 of 2....stay tuned]
3-7-2023 Intel Guru Frank26 If the budget comes out at 1300 it will not stay at 1300 for long. I hope that you can tattoo this somewhere you can always remember it...there's another exchange rate coming...there's another rate change coming. It was 1750. It's 1300. There's another rate change coming.
3-7-2023 Newshound Guru Pimpy A lot of people asking me if the Iraqi dinar exchange rate has changed again. No it has not. When you hear people out there whether it's from the news or people posting about the exchange rate they're usually talking about the open market rate which is different than the official rate. We know right now the official rate is 1300. We know the black market is somewhere around 1450 which is where they wanted it in the first place...
3-7-2023 Intel Guru MarkZ [via PDK] “not quite” a banking story... Someone needed to pay a bill and took some VND to a currency exchanger in a local mall. When he told the staff there he needed to sell some to cover a bill…she asked him “Do you know what is about to happen? He said yes but needed a bill paid today. She checked the rate on the screen and then said she didn’t want him to lose out and changes could happen at any moment over the next few days. This to me is awesome as you are starting to see this from certain banking and exchange personnel. They are seeing things.
3-7-2023 Newshound Guru Militia Man The Council of Ministers referred to dealing in dinars. It says there's no justification for citizens to use foreign currency in local transactions. In other words in their local transactions there's no reason to be doing anything outside of the dinar...if you're going to go buy a car - dinar. You're going to go buy a loaf of bread - dinar. Just the way it's going to be...
3-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend thinks soon we will see the CBI talk about the lower notes and the upcoming rates. It's all pointing to this. He says everything now being set at 1320 but he still thinks we will see another move soon on the exchange rate. Then to 1 to 1 ratio before the float internationally. FRANK: IMSO everything your bank friend is telling you is 100% correct. This month of March will show you what he...told you. You will see your new small category notes and new exchange rate. Remember you will see it first in article print and then it will be given to you physically. These are exciting times as we cross the finish line together...
3-7-2023 Intel Guru Texas Snake ...very positive information has been provided from the Treasury to Tier 1 banks, including my personal banker, confirming that our event is going ahead.
3-7-2023 Intel Guru MarkZ [via PDK] Article: “Iraqi government to carry out reforms for economic renaissance” ...it says they are ready for a “financial renaissance” and a return to being one of the top in the world...
3-7-2023 Intel Guru MarkZ [via PDK] This is the biggest news piece of the day today. “KRG Finance Minister: We agreed with Baghdad on the share of Kurdistan in the 2023 budget” this is from the Kurdish region finance minister. This is very big news. This has never happened before…. It’s huge. We have never been at this point before …and it’s exciting.
3-7-2023 Newshound Guru Pimpy It's on the exchange...the Iraqi dinar is. It's not on the big one, Forex, but it is on the local exchange...right now it's trading on the open market at 1459 dinars for every $1...that's the one [1459] you don't want to get higher. The higher this gets the worse off it is for us. That means more people are wanting US dollars and they're willing to pay more Iraqi dinar for that. We don't want that to happen but right now it's been maintaining in the same area now for quite some time.
3-7-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-7-2023 Intel Guru Frank26 How long will the float go before they cap it? ...possibly inside of a year and then afterwards will they cancel the 3-zero notes? ...probably not. No. The central bank wants to collect all of them.
3-7-2023 Guest Guru Deepwoodz Article "Parliamentary Finance stresses the introduction of the new salary scale before the budget legislation" I’ve often thought about some of the things they would have to do BEFORE changing the rate. One of those things was to change the salary scale. Why? Google shows the national minimum wage to be 250,000-350,000 dinar per MONTH. Not much income at 1460 or even 1310, but if you plan on going through a major change, it would behoove you to change the scale accordingly. Don’t ya think? ...it states that has been the going rate since 2018. Which one can also confer that during the rate change in Dec. 2020, they did not make an adjustment. They also did not make an adjustment BEFORE going back to 1310. So, Why do they need one now would be the next question I would ask, with a grin on my face?!
3-7-2023 Guru Nader From The Mid East The street demonstrations you see...First it's for the food baskets. Second is for what we call it ID - retired people want more money. Third is for the exchange rate...purchasing power. Power to purchase more things with their money. That's what they want to do. That's why you see there's a demonstration.
3-7-2023 Newshound Guru Sandy Ingram The Federal Reserve Bank in New York City had a fit and began implementing restrictions...You see, the U.S. holds the money Iraq makes from oil sales...Iraq is caught between the U.S. massive amounts of oil revenue and OPEC controlling Iraq's oil exports and Iran controlling Iraq's electricity...the bottom line - Iran obtained large large amounts of the Iraqi currency that Iraq needs to pay government salaries and run the government...this is a global issue. [Post 2 of 2]
3-7-2023 Newshound Guru Sandy Ingram How Iraq caused the currency crisis - Here's what happened. Iraq spends around $900 million a month on Iranian goods. $50...is for electricity and gas...Now the mistake - The U.S. and Iraq decided to pay Iran in Iraqi dinars. Surprisingly Iran said okay. Iran then proceeded to the Iraqi daily exchange auctions to trade the dinars for U.S dollars. [Post 1 of 2....stay tuned]
3-7-2023 Intel Guru Frank26 If the budget comes out at 1300 it will not stay at 1300 for long. I hope that you can tattoo this somewhere you can always remember it...there's another exchange rate coming...there's another rate change coming. It was 1750. It's 1300. There's another rate change coming.
3-7-2023 Newshound Guru Pimpy A lot of people asking me if the Iraqi dinar exchange rate has changed again. No it has not. When you hear people out there whether it's from the news or people posting about the exchange rate they're usually talking about the open market rate which is different than the official rate. We know right now the official rate is 1300. We know the black market is somewhere around 1450 which is where they wanted it in the first place...
3-7-2023 Intel Guru MarkZ [via PDK] “not quite” a banking story... Someone needed to pay a bill and took some VND to a currency exchanger in a local mall. When he told the staff there he needed to sell some to cover a bill…she asked him “Do you know what is about to happen? He said yes but needed a bill paid today. She checked the rate on the screen and then said she didn’t want him to lose out and changes could happen at any moment over the next few days. This to me is awesome as you are starting to see this from certain banking and exchange personnel. They are seeing things.
3-7-2023 Newshound Guru Militia Man The Council of Ministers referred to dealing in dinars. It says there's no justification for citizens to use foreign currency in local transactions. In other words in their local transactions there's no reason to be doing anything outside of the dinar...if you're going to go buy a car - dinar. You're going to go buy a loaf of bread - dinar. Just the way it's going to be...
3-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend thinks soon we will see the CBI talk about the lower notes and the upcoming rates. It's all pointing to this. He says everything now being set at 1320 but he still thinks we will see another move soon on the exchange rate. Then to 1 to 1 ratio before the float internationally. FRANK: IMSO everything your bank friend is telling you is 100% correct. This month of March will show you what he...told you. You will see your new small category notes and new exchange rate. Remember you will see it first in article print and then it will be given to you physically. These are exciting times as we cross the finish line together...
3-7-2023 Intel Guru Texas Snake ...very positive information has been provided from the Treasury to Tier 1 banks, including my personal banker, confirming that our event is going ahead.
3-7-2023 Intel Guru MarkZ [via PDK] Article: “Iraqi government to carry out reforms for economic renaissance” ...it says they are ready for a “financial renaissance” and a return to being one of the top in the world...
3-6-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-6-2023 Intel Guru Frank26 The Iraqi citizens are being educated at a very very fast quick pace. The cadence have picked up. It's really moving fast.
3-6-2023 Newshound Guru Clare Article: "Sudanese and the World Bank delegation are discussing joint cooperation and support for the government's plans"
3-6-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-6-2023 Intel Guru MarkZ [via PDK] News from Iraq: “Cabinet approves the draft budget tomorrow” This is the rough draft and its supposed to be approved tomorrow. Maybe the full budget later this week. This does not mean we are waiting for the budget to RV. It can certainly go before. What I am hearing from all my Iraqi sources is that they plan to introduce ...in a wide scale fashion - the lower denominations this month and the training for all the folks. The banking side is still convinced it will happen at any second. We are in one heck of a close window…imo.
3-6-2023 Guest Guru Suzie With this news of the budget coming forth and all the other info being brought to us and especially with the Kurds being happy with the HCL I can see no way Iraq won't pull this off in the month of March, I mean, what else could get in their way at this point?
3-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] The private [satellite] banks are not owned by the CBI... #2 is an Iraqi [Walkingstick's bank friend] but he owns a bank in the United States under American banking law. These banks do have to follow the CBI laws...international standards and they have to follow the laws of the country that they represent. Can I as an American citizen and go to these banks and exchange? It's unknown right now...but based on the fact that they will follow CBI laws that will follow international laws I don't see why we cannot.
3-6-2023 Newshound Guru Breitling ...Iraq is going to accept the yuan... Euro...US dollar but they're going to start adding value to their currency because there's not going to be as many U.S. dollars out there. Not only that but the EU is going to start going broke so there's not going to be very many Euros out there. That's another reason for them to add value to the Iraqi dinar. [Post 2 of 2]
3-6-2023 Newshound Guru Breitling The United States money supply - we're pulling it in. We built China with that money supply. We built the EU with that money supply. We competed against emerging markets with that money supply. We're binging it in. There's not going to be as many dollars out there...China's going to have less. That's why they want to use the yuan to buy energy...How does Iraq gain from that? [Post 1 of 2....stay tuned]
3-6-2023 Newshound Guru Pimpy It's going to happen eventually. I don't think it's going to happen the way people think but right now certainly there is nothing out there that indicates Al-Sudani said he's going to restore it to the $3 rate...
3-6-2023 Guest Guru GameofPatience Budget and Laws appear to be waiting on the rate change. Many recent articles have suggested new things might be implemented after the 20th anniversary of the Iraq war (March 19th/20th) (Waiting on the Rate change). Ramadan starts on 3/23/23. Kuwait has the same budget period as Iraq 4/1 and re-instated on 3/24/91. Many historic CBI articles have stated they can only change that rate at a budget Period (starting 4/1/23).
3-6-2023 Intel Guru MarkZ [via PDK] Member comment: "I was always saying it will happen around Easter..." MarkZ: I still do not think we will be waiting that long. I think we are getting a lot of misinformation right now. Someone is having fun playing with us. Which means we are close. ...As far as I’m concerned it could be any moment. We just don’t know.
3-6-2023 Intel Guru Frank26 I think this month of March is when they're going to show them the new small category notes. They're going to introduce them to the goal of the new exchange rate where they want to reach in order to float...
3-6-2023 Newshound Guru Clare Article: "The government is proceeding with a package of reforms to provide the requirements for a balanced economic renaissance" Quote: "Finance Minister Taif Sami confirmed, on Sunday, that the government is proceeding with a package of fundamental reforms in order to provide the requirements for a balanced economic renaissance in the country."
3-6-2023 Newshound/Intel Guru Mnt Goat Article: "AN OIL AGREEMENT PAVES THE WAY FOR ANNOUNCING A COMPREHENSIVE BUDGET IN THE COMING DAYS" Quote: "...there is a presence to deliver Kurdistan’s oil to Baghdad to proceed with an oil agreement within the terms of the 2023 budget..." Can you see now how the oil and gas law and the budget are interconnected? Now let’s also add the rate of the dinar on top of it all.
3-6-2023 Intel Guru Frank26 The Iraqi citizens are being educated at a very very fast quick pace. The cadence have picked up. It's really moving fast.
3-6-2023 Newshound Guru Clare Article: "Sudanese and the World Bank delegation are discussing joint cooperation and support for the government's plans"
3-6-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-6-2023 Intel Guru MarkZ [via PDK] News from Iraq: “Cabinet approves the draft budget tomorrow” This is the rough draft and its supposed to be approved tomorrow. Maybe the full budget later this week. This does not mean we are waiting for the budget to RV. It can certainly go before. What I am hearing from all my Iraqi sources is that they plan to introduce ...in a wide scale fashion - the lower denominations this month and the training for all the folks. The banking side is still convinced it will happen at any second. We are in one heck of a close window…imo.
3-6-2023 Guest Guru Suzie With this news of the budget coming forth and all the other info being brought to us and especially with the Kurds being happy with the HCL I can see no way Iraq won't pull this off in the month of March, I mean, what else could get in their way at this point?
3-6-2023 Newshound/Intel Guru Walkingstick [via Frank26] The private [satellite] banks are not owned by the CBI... #2 is an Iraqi [Walkingstick's bank friend] but he owns a bank in the United States under American banking law. These banks do have to follow the CBI laws...international standards and they have to follow the laws of the country that they represent. Can I as an American citizen and go to these banks and exchange? It's unknown right now...but based on the fact that they will follow CBI laws that will follow international laws I don't see why we cannot.
3-6-2023 Newshound Guru Breitling ...Iraq is going to accept the yuan... Euro...US dollar but they're going to start adding value to their currency because there's not going to be as many U.S. dollars out there. Not only that but the EU is going to start going broke so there's not going to be very many Euros out there. That's another reason for them to add value to the Iraqi dinar. [Post 2 of 2]
3-6-2023 Newshound Guru Breitling The United States money supply - we're pulling it in. We built China with that money supply. We built the EU with that money supply. We competed against emerging markets with that money supply. We're binging it in. There's not going to be as many dollars out there...China's going to have less. That's why they want to use the yuan to buy energy...How does Iraq gain from that? [Post 1 of 2....stay tuned]
3-6-2023 Newshound Guru Pimpy It's going to happen eventually. I don't think it's going to happen the way people think but right now certainly there is nothing out there that indicates Al-Sudani said he's going to restore it to the $3 rate...
3-6-2023 Guest Guru GameofPatience Budget and Laws appear to be waiting on the rate change. Many recent articles have suggested new things might be implemented after the 20th anniversary of the Iraq war (March 19th/20th) (Waiting on the Rate change). Ramadan starts on 3/23/23. Kuwait has the same budget period as Iraq 4/1 and re-instated on 3/24/91. Many historic CBI articles have stated they can only change that rate at a budget Period (starting 4/1/23).
3-6-2023 Intel Guru MarkZ [via PDK] Member comment: "I was always saying it will happen around Easter..." MarkZ: I still do not think we will be waiting that long. I think we are getting a lot of misinformation right now. Someone is having fun playing with us. Which means we are close. ...As far as I’m concerned it could be any moment. We just don’t know.
3-6-2023 Intel Guru Frank26 I think this month of March is when they're going to show them the new small category notes. They're going to introduce them to the goal of the new exchange rate where they want to reach in order to float...
3-6-2023 Newshound Guru Clare Article: "The government is proceeding with a package of reforms to provide the requirements for a balanced economic renaissance" Quote: "Finance Minister Taif Sami confirmed, on Sunday, that the government is proceeding with a package of fundamental reforms in order to provide the requirements for a balanced economic renaissance in the country."
3-6-2023 Newshound/Intel Guru Mnt Goat Article: "AN OIL AGREEMENT PAVES THE WAY FOR ANNOUNCING A COMPREHENSIVE BUDGET IN THE COMING DAYS" Quote: "...there is a presence to deliver Kurdistan’s oil to Baghdad to proceed with an oil agreement within the terms of the 2023 budget..." Can you see now how the oil and gas law and the budget are interconnected? Now let’s also add the rate of the dinar on top of it all.
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3-5-2023 Intel Guru Frank26 ...All the gold they have in their foreign reserves for your [Iraq's] currency is the common sense that tells you you [Iraqis] are going to have a new exchange rate to match all of that reserve power...they are positioning mechanisms that allow the dinar to float. I strongly believe this month of March you are going to be shown the new small category notes and the new exchange rate that will go with it...
3-5-2023 Newshound Guru Clare Article: "Democratic: semi-final agreement on the share of the Kurdistan region in the budget" Quote: "The Kurdistan region demanded 17%, and the federal government set a rate of 12.67%, before agreeing on a rate of 14% to proceed with the draft budget"
3-5-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-5-2023 Newshound/Intel Gurus Walkingstick & Frank26 The explanation of the new exchange rate with those new small category notes is all going to come out in articles first. IOO that's the next phase/step in the process of the monetary reform education...then you'll see it physically on the CBI website, on markets across the world as they trade with it, you'll see the rate and you'll see as it floats.
3-5-2023 Intel Guru Frank26 It is possible they will introduce the budget at [1310] but it won't stay that way for long because inflation will force the float to start in order to counter inflation.
3-5-2023 Newshound Guru Henig Republished Article: "Global gold: Central banks buy 30 tons of yellow metal and Iraq maintains its rank" Quote: "Iraq maintained its classification of 30th globally out of 100 countries listed in the table with the largest gold reserves, after it rose ten ranks in July by buying 33.9 tons of gold, to reach its possession of gold 130.3 tons, which represents 8.6% of the rest of its other reserves."
3-5-2023 Newshound Guru Militia Man International transfers, international withdrawals, international payments...you haven't done that before and you haven't done it at an official rate of 1460, 1190, 1310 or 1166. They have never done that. Never been allowed to do that. Why would they do that now a 1310? My view they won't...all of this...is really fascinating because it means going from a public country to a private sector. It's phenomenal.
3-5-2023 Intel Guru Frank26 Question: "Can I go to a money changer center to change my IQD if I don't want to go to a bank?" I wouldn't go to a money exchanger bank. That's up to you. I'm not telling you not to. I wouldn't because it's too small. It's like going to a kiosk at an airport. It's too small. It's like going to a credit union. It's too small. It's like going to a mom and pop bank. They're too small.
3-5-2023 Newshound Guru Breitling A couple days ago I get a call from one of these guys and he's like 'Hey, you still into this IQD thing?'...I'm like, 'Yeah, I watch it and follow that stuff.' He goes, 'Cool, I just bought a ton of dinar.' He started telling me the strategy that Iraq had...Very very good news. We're at a different place today. Sort of hit that reset button. Iraq is on a completely different strategy. I'm excited. The information I got was cool but I'm excited because this is genius what they're doing and how they're doing it. Hang in there. Be happy. [Post 2 of 2]
3-5-2023 Newshound Guru Breitling One of the gentlemen I've known since I was a teenager worked putting out reports for...companies that invest based on policy. They don't sit out the market and wait for something to happen. If a policy goes in...they follow that and they invest in it. How do you think senators congressmen get so rich? It's though policy. They know where the next big thing is coming from. Anyways...I've talked to these guys about it [the dinar over the years]. It's not that they didn't believe in it, there was other investments in their mind that had less of a risk. [Post 1 of 2....stay tuned]
3-5-2023 Intel Guru Frank26 ...All the gold they have in their foreign reserves for your [Iraq's] currency is the common sense that tells you you [Iraqis] are going to have a new exchange rate to match all of that reserve power...they are positioning mechanisms that allow the dinar to float. I strongly believe this month of March you are going to be shown the new small category notes and the new exchange rate that will go with it...
3-5-2023 Newshound Guru Clare Article: "Democratic: semi-final agreement on the share of the Kurdistan region in the budget" Quote: "The Kurdistan region demanded 17%, and the federal government set a rate of 12.67%, before agreeing on a rate of 14% to proceed with the draft budget"
3-5-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-5-2023 Newshound/Intel Gurus Walkingstick & Frank26 The explanation of the new exchange rate with those new small category notes is all going to come out in articles first. IOO that's the next phase/step in the process of the monetary reform education...then you'll see it physically on the CBI website, on markets across the world as they trade with it, you'll see the rate and you'll see as it floats.
3-5-2023 Intel Guru Frank26 It is possible they will introduce the budget at [1310] but it won't stay that way for long because inflation will force the float to start in order to counter inflation.
3-5-2023 Newshound Guru Henig Republished Article: "Global gold: Central banks buy 30 tons of yellow metal and Iraq maintains its rank" Quote: "Iraq maintained its classification of 30th globally out of 100 countries listed in the table with the largest gold reserves, after it rose ten ranks in July by buying 33.9 tons of gold, to reach its possession of gold 130.3 tons, which represents 8.6% of the rest of its other reserves."
3-5-2023 Newshound Guru Militia Man International transfers, international withdrawals, international payments...you haven't done that before and you haven't done it at an official rate of 1460, 1190, 1310 or 1166. They have never done that. Never been allowed to do that. Why would they do that now a 1310? My view they won't...all of this...is really fascinating because it means going from a public country to a private sector. It's phenomenal.
3-5-2023 Intel Guru Frank26 Question: "Can I go to a money changer center to change my IQD if I don't want to go to a bank?" I wouldn't go to a money exchanger bank. That's up to you. I'm not telling you not to. I wouldn't because it's too small. It's like going to a kiosk at an airport. It's too small. It's like going to a credit union. It's too small. It's like going to a mom and pop bank. They're too small.
3-5-2023 Newshound Guru Breitling A couple days ago I get a call from one of these guys and he's like 'Hey, you still into this IQD thing?'...I'm like, 'Yeah, I watch it and follow that stuff.' He goes, 'Cool, I just bought a ton of dinar.' He started telling me the strategy that Iraq had...Very very good news. We're at a different place today. Sort of hit that reset button. Iraq is on a completely different strategy. I'm excited. The information I got was cool but I'm excited because this is genius what they're doing and how they're doing it. Hang in there. Be happy. [Post 2 of 2]
3-5-2023 Newshound Guru Breitling One of the gentlemen I've known since I was a teenager worked putting out reports for...companies that invest based on policy. They don't sit out the market and wait for something to happen. If a policy goes in...they follow that and they invest in it. How do you think senators congressmen get so rich? It's though policy. They know where the next big thing is coming from. Anyways...I've talked to these guys about it [the dinar over the years]. It's not that they didn't believe in it, there was other investments in their mind that had less of a risk. [Post 1 of 2....stay tuned]
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3-4-2023 Intel Guru Frank26 ...The monetary reform is about to do something with its exchange rate...currency...banking structure. A float is approaching.
3-4-2023 Newshound Guru Militia Man Question "Do you think they'll just drop the zeros and go from there? So if it revalues to $3 a 25000 Iraqi dinar will bring you 25x3=$75 usd?" No.
3-4-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-4-2023 Newshound/Intel Guru Walkingstick [via Frank26] If you go to the private [CBI satellite] banks the 3-zero notes will go back to the CBI. They will not go to the US Treasury. Is there an advantage to using these banks? No. Because these banks have to follow all the international rules. FRANK: I'm just going after the bank that's going to give me the best rate.
3-4-2023 Intel Guru MarkZ [via PDK] On the banking side we continue to hear positive things…Rates are still bouncing all over the place when you ask the bankers. Rates do not seem to go below $1.51 now...but they have seen up to $5 or $6 bucks. Hopefully this gives us an idea on possible ranges.
3-4-2023 Newshound Guru Henig Article: "Dollar exceeds 60,<> tomans, vice president shocks Iranians with statement" Quote: "The price of the dollar exceeded the barrier of 60 thousand tomans on Sunday, in a continuation of the unprecedented decline in the price of the Iranian local currency against global currencies"
3-4-2023 Intel Guru Frank26 Question: "Will banks accept our dinars with no issue?" You better have a certificate of authenticity - what BS! ...a certificate of authenticity that's just a business card...you think when you go to the bank they're going to say let me see your certificate of authenticity? Heck no! They're going to take your dinars and they're going to tell you, 'yeah, they're real.' [or] 'No, you got screwed. This ain't real.' Certificate of authenticity is a bunch of B.S.
3-4-2023 Newshound Guru Breitling Iraq has been talking about adding value to the currency more than they have in the past...
3-4-2023 Intel Guru MarkZ [via PDK] We do have some news out of Iraq. ”Al-Rafidain begins depositing the Iraqi dinar and delivering the dollar starting Sunday” meaning they want you to have your dinar in the bank. Very few Iraqis use banks so they are pushing to streamline the process for the value when it goes…making massive efforts for that value change. Sudani this week is still pushing for that rate change and to expect the budget this week to be in parliament. The budget is considered by most to be a key part of this as it has the HCL law in it.
3-4-2023 Newshound Guru Pimpy Community comment "Their [Iraq's] money has to be comparable to the region. Kuwait is over $3." Who said it has to be comparable to the region?...It doesn't have to be comparable to the region. Even if you looked at the exchange rates all around in the other countries you could see they're all out of whack....Iran you have 42,000 Iranian dollars for every $1 US. Turkey is 18.90 of their currency to $1 US. Syria is 2,511 to $1 US. Jordan has 1.41 to $1. Egypt has 30.68 to $1. Sudan has 565.15 to $1. Saudi Arabia...needs 3.75...to = $1. Yemen is 249.95 to every $1. Omen on the other hand it's 1 of their dollars is equal to $2.60...all the other ones are upside down so I'm not sure where you guys can get "regional"...
3-4-2023 Newshound Guru Samson Article 1: "Chinese goods to be sold to Iraqis in Dinar" Quote: "Iraq's dealings with China in the yuan currency needs more time, and this requires building an oil refinery inside China, so that it supplies quantities of oil outside its share in OPEC, given that the refinery is Iraqi, and here neither America nor anyone else can prevent Iraq to take this step.”
3-4-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: New land transfer trade projects Iraq is doing - they're saying will have us as the center of the global land trade. Again there is talk about our borders and bank system that are being set up digital for security. They said this will deal with other countries and their currencies only. FRANK: This is the economic reform exploding and you don't even have the new exchange rate given to the citizens yet (until now IMO March 2023)...
3-4-2023 Newshound/Intel Guru Mnt Goat ...as long as the budget is not yet opened a new rate can be calculated within the budget. There is always times to change it if it is not yet passed in parliament...they can adjust it for the new 1320 fixed rate of the dinar. This has been the holdup...as told to me by my CBI contact, is that they are holding off also because they know yet another rate change is expected and is coming...between 1000-1150 within this 90 days. [reference Mnt Goat post below]
3-4-2023 Intel Guru Bruce [via WiserNow] We know our rates are going to be really stellar. We're going to be good... we're going to get started here – not this week, I don't think but you got to keep an eye on for the possibility of surprise. Just keep an eye out...Dong rate that I heard a few days ago was excellent. Probably three times where we thought it was going to be.
3-4-2023 Intel Guru Frank26 ...The monetary reform is about to do something with its exchange rate...currency...banking structure. A float is approaching.
3-4-2023 Newshound Guru Militia Man Question "Do you think they'll just drop the zeros and go from there? So if it revalues to $3 a 25000 Iraqi dinar will bring you 25x3=$75 usd?" No.
3-4-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-4-2023 Newshound/Intel Guru Walkingstick [via Frank26] If you go to the private [CBI satellite] banks the 3-zero notes will go back to the CBI. They will not go to the US Treasury. Is there an advantage to using these banks? No. Because these banks have to follow all the international rules. FRANK: I'm just going after the bank that's going to give me the best rate.
3-4-2023 Intel Guru MarkZ [via PDK] On the banking side we continue to hear positive things…Rates are still bouncing all over the place when you ask the bankers. Rates do not seem to go below $1.51 now...but they have seen up to $5 or $6 bucks. Hopefully this gives us an idea on possible ranges.
3-4-2023 Newshound Guru Henig Article: "Dollar exceeds 60,<> tomans, vice president shocks Iranians with statement" Quote: "The price of the dollar exceeded the barrier of 60 thousand tomans on Sunday, in a continuation of the unprecedented decline in the price of the Iranian local currency against global currencies"
3-4-2023 Intel Guru Frank26 Question: "Will banks accept our dinars with no issue?" You better have a certificate of authenticity - what BS! ...a certificate of authenticity that's just a business card...you think when you go to the bank they're going to say let me see your certificate of authenticity? Heck no! They're going to take your dinars and they're going to tell you, 'yeah, they're real.' [or] 'No, you got screwed. This ain't real.' Certificate of authenticity is a bunch of B.S.
3-4-2023 Newshound Guru Breitling Iraq has been talking about adding value to the currency more than they have in the past...
3-4-2023 Intel Guru MarkZ [via PDK] We do have some news out of Iraq. ”Al-Rafidain begins depositing the Iraqi dinar and delivering the dollar starting Sunday” meaning they want you to have your dinar in the bank. Very few Iraqis use banks so they are pushing to streamline the process for the value when it goes…making massive efforts for that value change. Sudani this week is still pushing for that rate change and to expect the budget this week to be in parliament. The budget is considered by most to be a key part of this as it has the HCL law in it.
3-4-2023 Newshound Guru Pimpy Community comment "Their [Iraq's] money has to be comparable to the region. Kuwait is over $3." Who said it has to be comparable to the region?...It doesn't have to be comparable to the region. Even if you looked at the exchange rates all around in the other countries you could see they're all out of whack....Iran you have 42,000 Iranian dollars for every $1 US. Turkey is 18.90 of their currency to $1 US. Syria is 2,511 to $1 US. Jordan has 1.41 to $1. Egypt has 30.68 to $1. Sudan has 565.15 to $1. Saudi Arabia...needs 3.75...to = $1. Yemen is 249.95 to every $1. Omen on the other hand it's 1 of their dollars is equal to $2.60...all the other ones are upside down so I'm not sure where you guys can get "regional"...
3-4-2023 Newshound Guru Samson Article 1: "Chinese goods to be sold to Iraqis in Dinar" Quote: "Iraq's dealings with China in the yuan currency needs more time, and this requires building an oil refinery inside China, so that it supplies quantities of oil outside its share in OPEC, given that the refinery is Iraqi, and here neither America nor anyone else can prevent Iraq to take this step.”
3-4-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: New land transfer trade projects Iraq is doing - they're saying will have us as the center of the global land trade. Again there is talk about our borders and bank system that are being set up digital for security. They said this will deal with other countries and their currencies only. FRANK: This is the economic reform exploding and you don't even have the new exchange rate given to the citizens yet (until now IMO March 2023)...
3-4-2023 Newshound/Intel Guru Mnt Goat ...as long as the budget is not yet opened a new rate can be calculated within the budget. There is always times to change it if it is not yet passed in parliament...they can adjust it for the new 1320 fixed rate of the dinar. This has been the holdup...as told to me by my CBI contact, is that they are holding off also because they know yet another rate change is expected and is coming...between 1000-1150 within this 90 days. [reference Mnt Goat post below]
3-4-2023 Intel Guru Bruce [via WiserNow] We know our rates are going to be really stellar. We're going to be good... we're going to get started here – not this week, I don't think but you got to keep an eye on for the possibility of surprise. Just keep an eye out...Dong rate that I heard a few days ago was excellent. Probably three times where we thought it was going to be.
3-3-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
3-3-2023 Newshound/Intel Guru Walkingstick [via Frank26] The monetary reform process is actually happening right now...the citizens, the economic reform investors and you and I all know what's going on. It's not complicated anymore. The IQD is set and it's poised to de-peg and float and pair in a basket.
3-3-2023 Intel Guru MarkZ [via PDK] Many...sent me links of Iraqis singing…a little advertisement from the CBI…I postulize that the Iraqi people know what is coming…they are continuing the education on the lower denominations…interesting note values like a $1 dinar note or a $2 dinar note…And a $5 and a $10…these are really small paper denominations…you do not need these unless their currency is about to have a much higher value.
3-3-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-3-2023 Intel Guru Frank26 [Bank Story] Name protected: I bank at Bank of America in Spokane Washington. The bank knows about the dinar and they say when it shows on the Bank of America foreign currency website there will be no exchange fees or premiums as long as the person exchanging has an open checking account with them and deposits the exchange. They suggested I call first...
3-3-2023 Newshound Guru Jeff Isn't it amazing how much Iraq has accomplished since they formed the government back in October of last year and achieved political stability. They've definitely have dived into their economics getting everything prepared for their economics to go and become and move their country to the international level...
3-3-2023 Intel Guru Bruce [via WiserNow] ...overall, where we are now...adding up to some information that we did hear...was that looks like they're prepared to finally go early next week...Monday, Tuesday...That's what it looks like right now. Now here's the one caveat. The caveat is we could get a surprise. We could get a surprise soon.
3-3-2023 Newshound Guru Pimpy Remember...for several months Iraq was taking $1 to $1.5 billion in buying the currency off the open market. The big question is what did they do what that currency? Did they destroy it? If they did that means there's less currency out there in circulation....
3-3-2023 Intel Guru MarkZ [via PDK] ...There is a lot of big money coming to Iraq in investments…this would not be happening in a country that’s not going to have a real international currency. Here we have it in the actual Iraqi press…”150 new projects in Baghdad” This clearly shows us Iraq is moving forward.
3-3-2023 Newshound/Intel Guru Walkingstick [via Frank26] the 3-zero notes are now going to be removed out of circulation. They have been very successful and they have been doing this for quite some time to remove 3-zeros from the marketplace but they now have a mechanism that they will be using to remove even more at a faster and quicker pace...the goal has been met to remove most of the 3-zeros circulation but it will continue to take the 3-zeros out until they are all gone.
3-3-2023 Intel Guru Frank26 The goal is to destroy the American dollar...It is being taken in the back alley never to see the sunlight again inside of Iraq...The Iraqi dinar will become powerful in the country of Iraq. If the Iraqi dinar becomes powerful...then everybody will want the Iraqi dinar. Therefore the value of the Iraqi dinar will explode. This is a very brilliant plan of the Stage 2 of the monetary reform of the Iraqi dinar...Everything in Iraq is now done in dinars only...Don't worry about a date. Don't worry about a rate. Make sure you understand the dollar is being removed from Iraq...
3-3-2023 Newshound Guru Henig Article: "Nechirvan Barzani: Iraq is going through a new phase and the world is seen as living a state of political and economic renaissance"
3-3-2023 Newshound Guru Sandy Ingram The Iraqi prime minister announced Iraq will be self-sufficient in gas within three years.
3-3-2023 Intel Guru MarkZ [via PDK] There are a lot of folks from all sides all around the world…that are watching for the dinar revaluation…that are speculating on the rate…and that is based on the Brent crude price... I believe they need a rate that is more than the US dollar…. There has been a lot of historical correlation on the dinar rate…based on the price of a barrel of oil. It runs about 10% over a barrel of Brent crude. If this is true and say a barrel of oil is worth $90 bucks (EXAMPLE)...Then you can make the argument of a rate of $9. There has been a lot of speculation on this from the financial world. To me this would be amazing…but it’s just speculation for now.
3-3-2023 Newshound Guru Samson Article 1 "Next week is the earliest date for the public budget to reach parliament" Article 2 "Minister of Reconstruction: The budget will be passed next week in the Council of Ministers"
3-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: So much is going on now with the banking and a lot of internal audits in this new banking platform. It's screaming a new rate is coming. Why do all this for a continued 1310 program rate? FRANK: Yes...a new rate is coming...1310 may show up on your budget but it will quickly move as it starts to float. The currency is de-pegging as it floats. Once it reaches 1 to 1 it will pair in a basket with many currencies.
3-3-2023 Intel Guru MarkZ [via PDK] It makes a tremendous amount of sense for them to start at a $1.50 rate or so and let the rate float until they meet a certain criteria and they float up to the target rate. It would not shock the system as much…this makes tremendous sense.
3-3-2023 Newshound/Intel Guru Mnt Goat Resulting from the February 9th meeting in Washington DC, Iraq was given 90 days to monitor for inflation and get the fixed CBI rate of 1320 under control and stable... I talked recently to my CBI contact in Iraq and was told to expect at least one more change in rate from the 1320 to happen between 1000-1150 next in this 90 day period...Of course the CBI could get the dinar rate under control much sooner than later and so there is nothing hard and fast that they must wait the full 90 days... ...they will crash the dinar if they don’t issue...newer lower notes sometime in the process. I believe this 90 period has been given to as a window to complete the process of stabilization to the 1:1.
3-3-2023 Newshound/Intel Guru Walkingstick [via Frank26] The monetary reform process is actually happening right now...the citizens, the economic reform investors and you and I all know what's going on. It's not complicated anymore. The IQD is set and it's poised to de-peg and float and pair in a basket.
3-3-2023 Intel Guru MarkZ [via PDK] Many...sent me links of Iraqis singing…a little advertisement from the CBI…I postulize that the Iraqi people know what is coming…they are continuing the education on the lower denominations…interesting note values like a $1 dinar note or a $2 dinar note…And a $5 and a $10…these are really small paper denominations…you do not need these unless their currency is about to have a much higher value.
3-3-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-3-2023 Intel Guru Frank26 [Bank Story] Name protected: I bank at Bank of America in Spokane Washington. The bank knows about the dinar and they say when it shows on the Bank of America foreign currency website there will be no exchange fees or premiums as long as the person exchanging has an open checking account with them and deposits the exchange. They suggested I call first...
3-3-2023 Newshound Guru Jeff Isn't it amazing how much Iraq has accomplished since they formed the government back in October of last year and achieved political stability. They've definitely have dived into their economics getting everything prepared for their economics to go and become and move their country to the international level...
3-3-2023 Intel Guru Bruce [via WiserNow] ...overall, where we are now...adding up to some information that we did hear...was that looks like they're prepared to finally go early next week...Monday, Tuesday...That's what it looks like right now. Now here's the one caveat. The caveat is we could get a surprise. We could get a surprise soon.
3-3-2023 Newshound Guru Pimpy Remember...for several months Iraq was taking $1 to $1.5 billion in buying the currency off the open market. The big question is what did they do what that currency? Did they destroy it? If they did that means there's less currency out there in circulation....
3-3-2023 Intel Guru MarkZ [via PDK] ...There is a lot of big money coming to Iraq in investments…this would not be happening in a country that’s not going to have a real international currency. Here we have it in the actual Iraqi press…”150 new projects in Baghdad” This clearly shows us Iraq is moving forward.
3-3-2023 Newshound/Intel Guru Walkingstick [via Frank26] the 3-zero notes are now going to be removed out of circulation. They have been very successful and they have been doing this for quite some time to remove 3-zeros from the marketplace but they now have a mechanism that they will be using to remove even more at a faster and quicker pace...the goal has been met to remove most of the 3-zeros circulation but it will continue to take the 3-zeros out until they are all gone.
3-3-2023 Intel Guru Frank26 The goal is to destroy the American dollar...It is being taken in the back alley never to see the sunlight again inside of Iraq...The Iraqi dinar will become powerful in the country of Iraq. If the Iraqi dinar becomes powerful...then everybody will want the Iraqi dinar. Therefore the value of the Iraqi dinar will explode. This is a very brilliant plan of the Stage 2 of the monetary reform of the Iraqi dinar...Everything in Iraq is now done in dinars only...Don't worry about a date. Don't worry about a rate. Make sure you understand the dollar is being removed from Iraq...
3-3-2023 Newshound Guru Henig Article: "Nechirvan Barzani: Iraq is going through a new phase and the world is seen as living a state of political and economic renaissance"
3-3-2023 Newshound Guru Sandy Ingram The Iraqi prime minister announced Iraq will be self-sufficient in gas within three years.
3-3-2023 Intel Guru MarkZ [via PDK] There are a lot of folks from all sides all around the world…that are watching for the dinar revaluation…that are speculating on the rate…and that is based on the Brent crude price... I believe they need a rate that is more than the US dollar…. There has been a lot of historical correlation on the dinar rate…based on the price of a barrel of oil. It runs about 10% over a barrel of Brent crude. If this is true and say a barrel of oil is worth $90 bucks (EXAMPLE)...Then you can make the argument of a rate of $9. There has been a lot of speculation on this from the financial world. To me this would be amazing…but it’s just speculation for now.
3-3-2023 Newshound Guru Samson Article 1 "Next week is the earliest date for the public budget to reach parliament" Article 2 "Minister of Reconstruction: The budget will be passed next week in the Council of Ministers"
3-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: So much is going on now with the banking and a lot of internal audits in this new banking platform. It's screaming a new rate is coming. Why do all this for a continued 1310 program rate? FRANK: Yes...a new rate is coming...1310 may show up on your budget but it will quickly move as it starts to float. The currency is de-pegging as it floats. Once it reaches 1 to 1 it will pair in a basket with many currencies.
3-3-2023 Intel Guru MarkZ [via PDK] It makes a tremendous amount of sense for them to start at a $1.50 rate or so and let the rate float until they meet a certain criteria and they float up to the target rate. It would not shock the system as much…this makes tremendous sense.
3-3-2023 Newshound/Intel Guru Mnt Goat Resulting from the February 9th meeting in Washington DC, Iraq was given 90 days to monitor for inflation and get the fixed CBI rate of 1320 under control and stable... I talked recently to my CBI contact in Iraq and was told to expect at least one more change in rate from the 1320 to happen between 1000-1150 next in this 90 day period...Of course the CBI could get the dinar rate under control much sooner than later and so there is nothing hard and fast that they must wait the full 90 days... ...they will crash the dinar if they don’t issue...newer lower notes sometime in the process. I believe this 90 period has been given to as a window to complete the process of stabilization to the 1:1.
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3-2-2023 Intel Guru Frank26 It's important that you understand the 2nd stage of the monetary reform is for the purpose of introducing the new small category notes, the new exchange rate and floating the Iraqi dinar. It has nothing to do with the budget...Article 140...HCL. All of those things are side effects...all of those things are the children of the monetary reform...
3-2-2023 Newshound/Intel Guru Walkingstick [via Frank26] The CBI tells citizens to only use the IQD and then to hold on to it - Regardless of what value it has in your hands Iraqi citizens the value will increase. The increase is coming via the float very soon. It will have more value than the dollar. If you want people to stop using the dollar you have to raise the exchange rate to give them more purchasing power and this is the goal of de-dollarization. This is the footprint we are stepping on right now with the monetary reform.
3-2-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-2-2023 Intel Guru MarkZ [via PDK] ...still hearing from Iraq about large projects financing…budget is still expected to go within the next 2 days to parliament. We are told the new rate and HCL law/agreement is in the new budget. Question: What is the HCL again? Answer: MarkZ: HCL = Hydrocarbon Law and is the way they are going to give citizens and Kurds their share of the oil and gas process. This has been a massive sticking point for this event…along with the restoration of their rates. Things appear to be rolling out nicely right now.
3-2-2023 Newshound Guru Pimpy Community Question: "When is it going to revalue? That's all I care about." It's already revalued 2 years ago. Unfortunately it was devalued the wrong direction. It was just revalued here recently, it went from 1450 dinars 1320. To answer your question, they just did it a week ago.
3-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Today it's all about the USA Secretary General here. He's meeting in international issues. I think we're getting ready to float. They're not saying much but his visit it's all over the news. The government is talking to us about the digitization process and how this new reform, in the new platforms what will help us to float... FRANK: This is good! This is all the monetary education.
3-2-2023 Newshound/Intel Gurus Walkingstick & Frank26 Everything is already factored into when they will release the new exchange rate...all the calculations for the budget are set and they all have been tested doing the RV process of the monetary reform.
3-2-2023 Guru Nader From The Mid East This week two good things should happen. The budget should reach Sudani by Saturday I hope. The 2nd thing I heard and it's confirmed in the budget there's a rate and it's a good rate after all. They didn't tell me how much but they said it's a good rate. Me accept even 500 I accept. 500 to 1, I accept it. I'll take it and then you can talk about float and all that stuff.
3-2-2023 Newshound Guru Pimpy Iraq has one of the largest gold reserves in the world and the crazy thing about it is most of the gold is on the surface. The Iraq Central Bank is doing a lot of what central banks are doing around the world which is increasing their gold reserves...Iraq went from 96.42 tons and jumped up in July of 2022 to 130.32 tons...which is awesome...
3-2-2023 Intel Guru MarkZ [via PDK] the budget should reach Sudani to sign at the end of the week. The end of their week in Iraq is Saturday. It may reach Sudani sooner…I have been expecting it at any moment since early yesterday. Question: Didn't Mark say the RV could go before budget was approved? Answer: MarkZ: yes it can. But we are being told that there is a significant rate change adopted in the budget. This could "force" the value change.
3-2-2023 Newshound Guru Kaperoni Big news for Iraq investors today. As we stated numerous times, the value of the dinar will be based on the success and growth of Iraq's economy...today, Iraq announced a significant economic hurdle has been achieved. The Iraqi Council of Ministers has agreed to accession to the Convention on the International Landing Transport System thus allowing the entry of thousands of trucks into Iraq containing goods, materials to revitalize Iraq!
3-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're telling us only to use ours [dinars] but hold on to it...they're saying this will make our dinar stronger. They told us our reserves are now something like $117 and the gold is over 132 tons. Both of them they're telling us are the highest ever...
3-2-2023 Newshound/Intel Guru Mnt Goat ...when I talked to my CBI contact late last week it was a very positive conversation and I was left with the impression that this RV saga could finally be over much sooner than we think. I could not get a date since my contact told me there is no date set and that there are only targets.
3-2-2023 Intel Guru MarkZ [via PDK] ...many nations hold Iraqi dinar in their foreign currency reserves. This is very important…when they change the value…it makes an argument for a much higher rate. If there is a substantial rate change...these countries can use the dinar to pay off debt. With many countries failing and bankrupt around the world...The higher rate they can substantiate equals a lot of good will toward Iraq generates from many countries worldwide. This is awesome…
3-2-2023 Intel Guru Frank26 It's important that you understand the 2nd stage of the monetary reform is for the purpose of introducing the new small category notes, the new exchange rate and floating the Iraqi dinar. It has nothing to do with the budget...Article 140...HCL. All of those things are side effects...all of those things are the children of the monetary reform...
3-2-2023 Newshound/Intel Guru Walkingstick [via Frank26] The CBI tells citizens to only use the IQD and then to hold on to it - Regardless of what value it has in your hands Iraqi citizens the value will increase. The increase is coming via the float very soon. It will have more value than the dollar. If you want people to stop using the dollar you have to raise the exchange rate to give them more purchasing power and this is the goal of de-dollarization. This is the footprint we are stepping on right now with the monetary reform.
3-2-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-2-2023 Intel Guru MarkZ [via PDK] ...still hearing from Iraq about large projects financing…budget is still expected to go within the next 2 days to parliament. We are told the new rate and HCL law/agreement is in the new budget. Question: What is the HCL again? Answer: MarkZ: HCL = Hydrocarbon Law and is the way they are going to give citizens and Kurds their share of the oil and gas process. This has been a massive sticking point for this event…along with the restoration of their rates. Things appear to be rolling out nicely right now.
3-2-2023 Newshound Guru Pimpy Community Question: "When is it going to revalue? That's all I care about." It's already revalued 2 years ago. Unfortunately it was devalued the wrong direction. It was just revalued here recently, it went from 1450 dinars 1320. To answer your question, they just did it a week ago.
3-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Today it's all about the USA Secretary General here. He's meeting in international issues. I think we're getting ready to float. They're not saying much but his visit it's all over the news. The government is talking to us about the digitization process and how this new reform, in the new platforms what will help us to float... FRANK: This is good! This is all the monetary education.
3-2-2023 Newshound/Intel Gurus Walkingstick & Frank26 Everything is already factored into when they will release the new exchange rate...all the calculations for the budget are set and they all have been tested doing the RV process of the monetary reform.
3-2-2023 Guru Nader From The Mid East This week two good things should happen. The budget should reach Sudani by Saturday I hope. The 2nd thing I heard and it's confirmed in the budget there's a rate and it's a good rate after all. They didn't tell me how much but they said it's a good rate. Me accept even 500 I accept. 500 to 1, I accept it. I'll take it and then you can talk about float and all that stuff.
3-2-2023 Newshound Guru Pimpy Iraq has one of the largest gold reserves in the world and the crazy thing about it is most of the gold is on the surface. The Iraq Central Bank is doing a lot of what central banks are doing around the world which is increasing their gold reserves...Iraq went from 96.42 tons and jumped up in July of 2022 to 130.32 tons...which is awesome...
3-2-2023 Intel Guru MarkZ [via PDK] the budget should reach Sudani to sign at the end of the week. The end of their week in Iraq is Saturday. It may reach Sudani sooner…I have been expecting it at any moment since early yesterday. Question: Didn't Mark say the RV could go before budget was approved? Answer: MarkZ: yes it can. But we are being told that there is a significant rate change adopted in the budget. This could "force" the value change.
3-2-2023 Newshound Guru Kaperoni Big news for Iraq investors today. As we stated numerous times, the value of the dinar will be based on the success and growth of Iraq's economy...today, Iraq announced a significant economic hurdle has been achieved. The Iraqi Council of Ministers has agreed to accession to the Convention on the International Landing Transport System thus allowing the entry of thousands of trucks into Iraq containing goods, materials to revitalize Iraq!
3-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're telling us only to use ours [dinars] but hold on to it...they're saying this will make our dinar stronger. They told us our reserves are now something like $117 and the gold is over 132 tons. Both of them they're telling us are the highest ever...
3-2-2023 Newshound/Intel Guru Mnt Goat ...when I talked to my CBI contact late last week it was a very positive conversation and I was left with the impression that this RV saga could finally be over much sooner than we think. I could not get a date since my contact told me there is no date set and that there are only targets.
3-2-2023 Intel Guru MarkZ [via PDK] ...many nations hold Iraqi dinar in their foreign currency reserves. This is very important…when they change the value…it makes an argument for a much higher rate. If there is a substantial rate change...these countries can use the dinar to pay off debt. With many countries failing and bankrupt around the world...The higher rate they can substantiate equals a lot of good will toward Iraq generates from many countries worldwide. This is awesome…
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3-1-2023 Newshound Guru Pimpy Somebody said...they changed the rate again. I said no. I don't see that nowhere. None of the articles say they changed the rate but they did increase the number of outlets where you can purchase US dollars if you need them [Inside Iraq]...
3-1-2023 Intel Guru Frank26 The purpose of the CBI right now in the 2nd stage of the monetary reform is to bring in the new exchange rate, new small category notes and to float their currency. The only way all that can happen is if you destroy the American dollar inside of Iraq...
3-1-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-1-2023 Intel Guru MarkZ We are getting so much chatter...try to stay sane during this, i told you to expect it...there is a great amount of chatter about the rate change...hopefully we will get to the other side soon.
3-1-2023 Newshound/Intel Guru Walkingstick [via Frank26] Inflation is part of this monetary reform in order to drive supply and demand for the Iraqi dinar in a society that only uses a program rate currency. By increasing the inflation they will be able to decrease it by adding value to their currency and increasing the economic reform. Security and demand will be due to the de-dollariaztion in the 2nd stage of the monetary reform that will open the 3rd stage.
3-1-2023 Guest Guru BobTheTaxMan Let's take an example...somebody purchased it [Iraqi dinar] for a thousand buck. The projected value would increase to $1,000,000. This particular investment type is treated as ordinary income. They decide to cash it all in at once. Here's the result: They have a taxable event. They lost 37% to the feds and 13% to the state. (That's before the "Green Book" is applied.) That leaves them with half... $500,000...to be able to invest. Everything that comes off that investment...is taxed again. [NOTE Consult your financial and tax advisors at the appropriate time to build the tax and exchange plan best for your unique circumstances.]
3-1-2023 Intel Guru Frank26 There are 2 types of exchanges. There are those that have less than a million, they'll probably cash everything out and then there are those that have many millions. You got to know when to hold them, you have to know when to fold them...
3-1-2023 Newshound Guru Pimpy Article: "Iraq's foreign currency reserves hit $115 billion high" This article caught my attention...the amount of reserves they have...it's 5x the amount of their external debt. We know they have $115 billion in foreign reserves...they're saying if this was converted into Iraqi dinars it is approximately 150% of the amount of currency that's there...They have approximately $8.4 billion in gold assets. If you add the two together - $124 billion...it comes out to an exchange rate of approximately $1.61...that's not counting all the other assets like oil and deposits and everything else. The exchange rate...way undervalued...
3-1-2023 Intel Guru MarkZ [via PDK] ...I really thought we would be done by now. We dust off…pick ourselves up and battle on. We know it’s inevitable… Question: Do you think our notifications are in days or closer to the Ides of March on the 15th? Answer MarkZ: I think...in days...
3-1-2023 Newshound Guru Militia Man Muhammad Saleh...says their reserves are $115 billion which is up from the $90's. They also increased their gold reserves from about 96 tons to 132 tons...It's really truly amazing ...by him saying we have about 5x what we need in foreign reserves...to me that means they're going to be able to support the value of their currency because they have such a huge amount of reserves and gold and money coming in from abroad. I think they're bringing this up today is because it's going to give support to the investors to know they have the ability to...defend the currency value.
3-1-2023 Newshound Guru Clare Article: "Official: Iraq's reserves of foreign currency reach the highest level at 115 billion dollars" Quote: "Saleh explained it...the coverage of reserves from foreign exchange to the exported national currency amounts to nearly 150%, which is a very high percentage and represents optimal efficiency in reserves management standards, as well as covering the external debt that is obligatory to pay Iraq by about five times."
3-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Economic news is calling for de-dollarization. They want us to stop using the American dollar. They keep repeating this over and over again. It looks like they are preparing us for a date...Saying to put less demand in dollar and more on dinar so...the value of dinar will increase. They are telling the private sectors to get away from dual currencies. FRANK: That's basic economics 101...the 2nd and 3rd stage of the monetary reform is showing you to use only your currency and to hold on to it because it soon will have more value...And then when it floats internationally it will really go up...1 to 1 will be your purchasing power.
3-1-2023 Intel Guru RayRen98 MORE BANKS ARE SEEING THE 1.51 RATE BUT WON'T TRADE ON IT...AT LEAST NOT YET ANYWAY.
3-1-2023 Intel Guru MarkZ [via PDK] This is a huge, absolutely stunning , ginormous and positive news from Iraq. “Baghdad, Erbil reach an agreement on the 2023 budget –Lawmaker” I am told things have gone well and its submitted now for a “rubber stamp” on it…they even outline the details of it in the article…We were always told this is one of the last things that would “suddenly” happen before the RV release…so…this tells us we are awfully close.
3-1-2023 Newshound Guru Pimpy Somebody said...they changed the rate again. I said no. I don't see that nowhere. None of the articles say they changed the rate but they did increase the number of outlets where you can purchase US dollars if you need them [Inside Iraq]...
3-1-2023 Intel Guru Frank26 The purpose of the CBI right now in the 2nd stage of the monetary reform is to bring in the new exchange rate, new small category notes and to float their currency. The only way all that can happen is if you destroy the American dollar inside of Iraq...
3-1-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
3-1-2023 Intel Guru MarkZ We are getting so much chatter...try to stay sane during this, i told you to expect it...there is a great amount of chatter about the rate change...hopefully we will get to the other side soon.
3-1-2023 Newshound/Intel Guru Walkingstick [via Frank26] Inflation is part of this monetary reform in order to drive supply and demand for the Iraqi dinar in a society that only uses a program rate currency. By increasing the inflation they will be able to decrease it by adding value to their currency and increasing the economic reform. Security and demand will be due to the de-dollariaztion in the 2nd stage of the monetary reform that will open the 3rd stage.
3-1-2023 Guest Guru BobTheTaxMan Let's take an example...somebody purchased it [Iraqi dinar] for a thousand buck. The projected value would increase to $1,000,000. This particular investment type is treated as ordinary income. They decide to cash it all in at once. Here's the result: They have a taxable event. They lost 37% to the feds and 13% to the state. (That's before the "Green Book" is applied.) That leaves them with half... $500,000...to be able to invest. Everything that comes off that investment...is taxed again. [NOTE Consult your financial and tax advisors at the appropriate time to build the tax and exchange plan best for your unique circumstances.]
3-1-2023 Intel Guru Frank26 There are 2 types of exchanges. There are those that have less than a million, they'll probably cash everything out and then there are those that have many millions. You got to know when to hold them, you have to know when to fold them...
3-1-2023 Newshound Guru Pimpy Article: "Iraq's foreign currency reserves hit $115 billion high" This article caught my attention...the amount of reserves they have...it's 5x the amount of their external debt. We know they have $115 billion in foreign reserves...they're saying if this was converted into Iraqi dinars it is approximately 150% of the amount of currency that's there...They have approximately $8.4 billion in gold assets. If you add the two together - $124 billion...it comes out to an exchange rate of approximately $1.61...that's not counting all the other assets like oil and deposits and everything else. The exchange rate...way undervalued...
3-1-2023 Intel Guru MarkZ [via PDK] ...I really thought we would be done by now. We dust off…pick ourselves up and battle on. We know it’s inevitable… Question: Do you think our notifications are in days or closer to the Ides of March on the 15th? Answer MarkZ: I think...in days...
3-1-2023 Newshound Guru Militia Man Muhammad Saleh...says their reserves are $115 billion which is up from the $90's. They also increased their gold reserves from about 96 tons to 132 tons...It's really truly amazing ...by him saying we have about 5x what we need in foreign reserves...to me that means they're going to be able to support the value of their currency because they have such a huge amount of reserves and gold and money coming in from abroad. I think they're bringing this up today is because it's going to give support to the investors to know they have the ability to...defend the currency value.
3-1-2023 Newshound Guru Clare Article: "Official: Iraq's reserves of foreign currency reach the highest level at 115 billion dollars" Quote: "Saleh explained it...the coverage of reserves from foreign exchange to the exported national currency amounts to nearly 150%, which is a very high percentage and represents optimal efficiency in reserves management standards, as well as covering the external debt that is obligatory to pay Iraq by about five times."
3-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Economic news is calling for de-dollarization. They want us to stop using the American dollar. They keep repeating this over and over again. It looks like they are preparing us for a date...Saying to put less demand in dollar and more on dinar so...the value of dinar will increase. They are telling the private sectors to get away from dual currencies. FRANK: That's basic economics 101...the 2nd and 3rd stage of the monetary reform is showing you to use only your currency and to hold on to it because it soon will have more value...And then when it floats internationally it will really go up...1 to 1 will be your purchasing power.
3-1-2023 Intel Guru RayRen98 MORE BANKS ARE SEEING THE 1.51 RATE BUT WON'T TRADE ON IT...AT LEAST NOT YET ANYWAY.
3-1-2023 Intel Guru MarkZ [via PDK] This is a huge, absolutely stunning , ginormous and positive news from Iraq. “Baghdad, Erbil reach an agreement on the 2023 budget –Lawmaker” I am told things have gone well and its submitted now for a “rubber stamp” on it…they even outline the details of it in the article…We were always told this is one of the last things that would “suddenly” happen before the RV release…so…this tells us we are awfully close.
2-28-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-28-2023 Newshound Guru Pimpy Question: "What's going to happen with our dinar when they re-denominate their currency? I think we will be left holding a worthless currency that we have today." No that's not going to happen...we're not gonna be left with some worthless currency. We'll be able to exchange it.
2-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said...new SWIFT system and the BUMA is going on already and they are having us change from the dollar to the dinar. There's even penalties against us if we don't do this. They are saying that they want us to pay for things only in the dinar and told us...this system will add value to our dinar...the new SWIFT system is the building block to this. FRANK: These international platforms are ready to go with the Iraqi dinar not with the American dollar anymore. That's huge...More than likely, very soon...at the beginning of the month the CBI is going to show you your new exchange rate and your new currency. They will explain to you how your new exchange rate will be attached to your new currency...prepare yourself for this fact IMO.
2-28-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-28-2023 Newshound Guru Jeff As of right now Iraq has achieved political stability since October of last year. They're moving forward to get their economics launched and rejoin the international world. Those are the steps they're in the middle of right now...
2-28-2023 Newshound/Intel Guru Walkingstick [via Frank26] They are de-dollarizing because they are sovereign. They will not use any currency but their own. It will create a supply and demand...that will drive the rate. When it floats the economic reform will be the stimulus for the float as it moves upwardly until they cap it...
2-28-2023 Intel Guru MarkZ [via PDK] Member statement: I have heard that because of the amount of trade between Iraq and Vietnam…if Iraq goes first and alone…it would force Vietnam to go as well. MarkZ: I couldn’t agree more…I have a number of contacts that have also told me that it would cause major trade imbalances if they both don’t go.
2-28-2023 Newshound Guru Militia Man At this stage of the game we're expecting them to have an education process. If they're going to be international currency and they're going to come out with an international real effective exchange rate they're going to need new small category notes...from the CBI's website back in 2018 they allocated millions and millions of dollars to print small category notes...hopefully this is one of those times where we're going to see some education...we can see it any time. That's where we're at...
2-28-2023 Newshound Guru Henig Article: "US specialized agency: Iraq will not 'undermine the dominance of the dollar' by paying the yuan to China" Quote: "Middle East officials are quick to say that the dollar will remain the currency of choice for energy,"
2-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend says the 2nd phase that we're in right now is all about the currency reform. He said this will allow us to float inside of Iraq and then outside...the rate has been recalculated in the budget and he feels like when it will be released it will be independent of the rate. Whatever they have it now in the budget as a rate...they will adjust it...he feels the currency reform allows the floating...which will cause adjustment in the budget. FRANK: 100% correct.
2-28-2023 Newshound Guru Sandy Ingram Many of us are wondering if these new deals with China...are good for our Iraqi dinar investments...what we are seeing is a small country pulling away from the west and moving towards friendships, partnerships and deals with China and neighboring countries. This is not necessarily a bad thing for Iraqi dinar investors. As long as Iraq is making safe progress we don't care who they hold hands with as long as sanctions are not in place with the people they are holding hands with. We want an increased value in the IQD against the US dollar...
2-28-2023 Intel Guru MarkZ [via PDK] The overwhelming majority of my sources believe it will start in the next hours or within a day or two.
2-28-2023 Newshound Guru Pimpy Gold is the second largest export for Iraq next to oil and gas. You can only imagine what would happen to Iraq if they would allow an actual mining company to coming in there and mine all the gold...
2-28-2023 Intel Guru Frank26 FRANK continues: IMSO now that we are walking into the 1st week of March you are about to see the new small category notes, new exchange rate and you will be given instructions by the CBI on how, where and when you are to handle your new currency reform... This 1st week of March has a great potential and I strongly believe there's nothing that's going to get in the way of my opinion... [Post 2 of 2]
2-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The news is saying the budget was returned to the Finance Minster for a new exchange rate. FRANK: ...The monetary reform has been very successful to bring stability and security to your new exchange rate and you have plenty of financial support not only through the economic reforms but through the foreign reserves you have to back the new exchange rate of your new currency that is coming and the float that is about to occur. [Post 1 of 2....stay tuned]
2-28-2023 Newshound/Intel Guru BGG Article: "An oil agreement paves the way for announcing a comprehensive budget in the coming days" Quotes: “the delegation of the Kurdistan region, for the first time, participated in writing the draft general financial budget in coordination with the federal government in Baghdad.”; "...the governments of Baghdad and Erbil have reached an integrated road map to resolve the crises, indicating that parliamentary consensus exists and is awaiting the budget to be passed."
2-28-2023 Intel Guru MarkZ [via PDK] We know Iraq is openly talking about changing the rate…and in their news…you will see there are a number of contracts that Iraq has paid to other countries in the last week or so…if you do the math…it is showing the rate of $1.66 to $1.86 or so…because of the number of dinar they gave and the dollars attached to those contracts. They paid those contracts in dinar. I think they are already dealing at a higher rate…it just hasn’t made it to us yet. They still have a bit of an educational process to continue for their people. They are still educating them on the lower denominations. We know they have been printed close to 5 years now. They are prepared.
2-28-2023 Newshound Guru Pimpy Question: "What's going to happen with our dinar when they re-denominate their currency? I think we will be left holding a worthless currency that we have today." No that's not going to happen...we're not gonna be left with some worthless currency. We'll be able to exchange it.
2-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said...new SWIFT system and the BUMA is going on already and they are having us change from the dollar to the dinar. There's even penalties against us if we don't do this. They are saying that they want us to pay for things only in the dinar and told us...this system will add value to our dinar...the new SWIFT system is the building block to this. FRANK: These international platforms are ready to go with the Iraqi dinar not with the American dollar anymore. That's huge...More than likely, very soon...at the beginning of the month the CBI is going to show you your new exchange rate and your new currency. They will explain to you how your new exchange rate will be attached to your new currency...prepare yourself for this fact IMO.
2-28-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-28-2023 Newshound Guru Jeff As of right now Iraq has achieved political stability since October of last year. They're moving forward to get their economics launched and rejoin the international world. Those are the steps they're in the middle of right now...
2-28-2023 Newshound/Intel Guru Walkingstick [via Frank26] They are de-dollarizing because they are sovereign. They will not use any currency but their own. It will create a supply and demand...that will drive the rate. When it floats the economic reform will be the stimulus for the float as it moves upwardly until they cap it...
2-28-2023 Intel Guru MarkZ [via PDK] Member statement: I have heard that because of the amount of trade between Iraq and Vietnam…if Iraq goes first and alone…it would force Vietnam to go as well. MarkZ: I couldn’t agree more…I have a number of contacts that have also told me that it would cause major trade imbalances if they both don’t go.
2-28-2023 Newshound Guru Militia Man At this stage of the game we're expecting them to have an education process. If they're going to be international currency and they're going to come out with an international real effective exchange rate they're going to need new small category notes...from the CBI's website back in 2018 they allocated millions and millions of dollars to print small category notes...hopefully this is one of those times where we're going to see some education...we can see it any time. That's where we're at...
2-28-2023 Newshound Guru Henig Article: "US specialized agency: Iraq will not 'undermine the dominance of the dollar' by paying the yuan to China" Quote: "Middle East officials are quick to say that the dollar will remain the currency of choice for energy,"
2-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend says the 2nd phase that we're in right now is all about the currency reform. He said this will allow us to float inside of Iraq and then outside...the rate has been recalculated in the budget and he feels like when it will be released it will be independent of the rate. Whatever they have it now in the budget as a rate...they will adjust it...he feels the currency reform allows the floating...which will cause adjustment in the budget. FRANK: 100% correct.
2-28-2023 Newshound Guru Sandy Ingram Many of us are wondering if these new deals with China...are good for our Iraqi dinar investments...what we are seeing is a small country pulling away from the west and moving towards friendships, partnerships and deals with China and neighboring countries. This is not necessarily a bad thing for Iraqi dinar investors. As long as Iraq is making safe progress we don't care who they hold hands with as long as sanctions are not in place with the people they are holding hands with. We want an increased value in the IQD against the US dollar...
2-28-2023 Intel Guru MarkZ [via PDK] The overwhelming majority of my sources believe it will start in the next hours or within a day or two.
2-28-2023 Newshound Guru Pimpy Gold is the second largest export for Iraq next to oil and gas. You can only imagine what would happen to Iraq if they would allow an actual mining company to coming in there and mine all the gold...
2-28-2023 Intel Guru Frank26 FRANK continues: IMSO now that we are walking into the 1st week of March you are about to see the new small category notes, new exchange rate and you will be given instructions by the CBI on how, where and when you are to handle your new currency reform... This 1st week of March has a great potential and I strongly believe there's nothing that's going to get in the way of my opinion... [Post 2 of 2]
2-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The news is saying the budget was returned to the Finance Minster for a new exchange rate. FRANK: ...The monetary reform has been very successful to bring stability and security to your new exchange rate and you have plenty of financial support not only through the economic reforms but through the foreign reserves you have to back the new exchange rate of your new currency that is coming and the float that is about to occur. [Post 1 of 2....stay tuned]
2-28-2023 Newshound/Intel Guru BGG Article: "An oil agreement paves the way for announcing a comprehensive budget in the coming days" Quotes: “the delegation of the Kurdistan region, for the first time, participated in writing the draft general financial budget in coordination with the federal government in Baghdad.”; "...the governments of Baghdad and Erbil have reached an integrated road map to resolve the crises, indicating that parliamentary consensus exists and is awaiting the budget to be passed."
2-28-2023 Intel Guru MarkZ [via PDK] We know Iraq is openly talking about changing the rate…and in their news…you will see there are a number of contracts that Iraq has paid to other countries in the last week or so…if you do the math…it is showing the rate of $1.66 to $1.86 or so…because of the number of dinar they gave and the dollars attached to those contracts. They paid those contracts in dinar. I think they are already dealing at a higher rate…it just hasn’t made it to us yet. They still have a bit of an educational process to continue for their people. They are still educating them on the lower denominations. We know they have been printed close to 5 years now. They are prepared.
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2-27-2023 Intel Guru Frank26 How do you think the value of the Iraqi dinar is going to go up? On its own? Forex is the float.
2-27-2023 Newshound Guru Pimpy When it comes to Iraqi dinar there's a lot of variable that's involved. It isn't going to happen overnight. It'll most likely happen in increments. There's a lot of things that people have to take into consideration...
2-27-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-27-2023 Guest Guru Deepwoodz [Response to Guest Guru KandG post below] For me the mystery is due to what we’ve learned, that they cannot reveal a major change in their rate due to legalities...There are finer details and inner workings we are not privy to... I for one am not worried...there are hundreds of articles in just the last couple weeks alone concerning the exchange rate, contracts, other countries, online platforms, sonar devices, etc. None of this makes sense at 1300, 1190, or even 1:1. All this sounds like one of the most valuable currencies in the world.
2-27-2023 Intel Guru MarkZ [via PDK] Very quiet on the Iraqi RV front, almost like there are NDA's or something…they are talking all around things as if they have an NDA...been reaching out to individuals from the US side and they will talk about a lot of things but won’t answer questions…several strange conversations today. I hope this means something good...I am still hearing positive things about this week…the goal was still to get things out the door by tomorrow night. We will see if they meet it or don’t. We don’t know the timing…but we know it is exceptionally close.
2-27-2023 Newshound Guru Jeff When you look at their actions...about 2 weeks ago they had a major meeting in Washington D.C...the Iraq Central Bank met with the U.S. Treasury and Federal Reserve to lay out all the ongoing future requirements and steps that are going to be put in place regarding our money, their money and some other currencies out there and some precautionary steps in regards to the dollar - the cans and the can't do's. A lot of good things are happening...
2-27-2023 Intel Guru MarkZ [via PDK] [I saw...that Iraq is going 1 to 1 and redenominate at the same time…and then let it float.] That would make logistical sense. But as I understand it…the gold treaty needs them to come out at a higher rate. But if Iraq is frustrated on waiting…it makes sense for Iraq to come out at a lower rate and float. If it floats I believe it will float up…their goal was to reach the $4 mark…But, it would be nice to get the new big rate all at once.
2-27-2023 Newshound Guru Militia Man When we're talking about value we're talking about things that are determined from what? Income streams beget value...and assets create value. They don't want to underestimate the value and they don't want to overestimate the value. They want it right it line with what is fair or real - Real Effective Exchange Rate is on the table...
2-27-2023 Guest Guru KandG Article: "The Kurdistan Regional Government announces reaching an initial agreement with Baghdad on the draft budget law" Quote: "the Iraqi government revealed, two weeks ago, that the Ministry of Finance had begun to re-prepare the general budget for the year 2023 according to the new exchange rate (130) thousand dinars per 100 dollars." ...Yes - I'm deemed negative but in actuality it is not negativity but looking at ALL articles, not just the ones that are favorable...
2-27-2023 Newshound Guru Paulette Typically, it [the budget] will go through First Reading and then go to Parliament's Finance Committee for review. This review is often at least 2-3 weeks and often much longer. It then comes back for Second Reading and if all agreed, it can then be passed. If not agreed it will go out for at least three days before Third Reading and passage paragraph by paragraph with the first paragraph delineating the rate.
2-27-2023 Intel Guru Frank26 You don't care about the exchange rate as it reaches 1 to 1 do you? Of course not. You're not going to exchange. You could. You could still make a nice little profit out of it but you're waiting for the 1 to 1. You know the rate at which it will float. [NOTE: Consult your financial advisors to determine the best exchange strategy for your unique circumstances.]
2-27-2023 Intel Guru MarkZ [via PDK] Many of my contacts thought they would wake up to a new rate today at the earliest…most likely by tomorrow…. I am watching it. Overwhelmingly they believe this time this is “it”...That they have scheduled it and are waiting on the release. None of us know the exact timing …but we do know everyone is ready for it.
2-27-2023 Newshound Guru Sandy Ingram The exchange rate between the USD and the IQD is still at 1458 on the international currency feed. We don't know why it has not calculated to 1300 per the CBI's rate change...[I'll] keep you posted.
2-27-2023 Newshound Guru Pimpy There's a difference in RV and RI...RV is when you re-value a currency. We saw a revalue when the Iraqi dinar went from 1190 dinars to 1450. That is an RV. An RI is when you had an exchange rate for whatever reason they changed it and then once it was done they just reinstated it. That's what happened to Kuwait.
2-27-2023 Intel Guru Frank26 How do you think the value of the Iraqi dinar is going to go up? On its own? Forex is the float.
2-27-2023 Newshound Guru Pimpy When it comes to Iraqi dinar there's a lot of variable that's involved. It isn't going to happen overnight. It'll most likely happen in increments. There's a lot of things that people have to take into consideration...
2-27-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-27-2023 Guest Guru Deepwoodz [Response to Guest Guru KandG post below] For me the mystery is due to what we’ve learned, that they cannot reveal a major change in their rate due to legalities...There are finer details and inner workings we are not privy to... I for one am not worried...there are hundreds of articles in just the last couple weeks alone concerning the exchange rate, contracts, other countries, online platforms, sonar devices, etc. None of this makes sense at 1300, 1190, or even 1:1. All this sounds like one of the most valuable currencies in the world.
2-27-2023 Intel Guru MarkZ [via PDK] Very quiet on the Iraqi RV front, almost like there are NDA's or something…they are talking all around things as if they have an NDA...been reaching out to individuals from the US side and they will talk about a lot of things but won’t answer questions…several strange conversations today. I hope this means something good...I am still hearing positive things about this week…the goal was still to get things out the door by tomorrow night. We will see if they meet it or don’t. We don’t know the timing…but we know it is exceptionally close.
2-27-2023 Newshound Guru Jeff When you look at their actions...about 2 weeks ago they had a major meeting in Washington D.C...the Iraq Central Bank met with the U.S. Treasury and Federal Reserve to lay out all the ongoing future requirements and steps that are going to be put in place regarding our money, their money and some other currencies out there and some precautionary steps in regards to the dollar - the cans and the can't do's. A lot of good things are happening...
2-27-2023 Intel Guru MarkZ [via PDK] [I saw...that Iraq is going 1 to 1 and redenominate at the same time…and then let it float.] That would make logistical sense. But as I understand it…the gold treaty needs them to come out at a higher rate. But if Iraq is frustrated on waiting…it makes sense for Iraq to come out at a lower rate and float. If it floats I believe it will float up…their goal was to reach the $4 mark…But, it would be nice to get the new big rate all at once.
2-27-2023 Newshound Guru Militia Man When we're talking about value we're talking about things that are determined from what? Income streams beget value...and assets create value. They don't want to underestimate the value and they don't want to overestimate the value. They want it right it line with what is fair or real - Real Effective Exchange Rate is on the table...
2-27-2023 Guest Guru KandG Article: "The Kurdistan Regional Government announces reaching an initial agreement with Baghdad on the draft budget law" Quote: "the Iraqi government revealed, two weeks ago, that the Ministry of Finance had begun to re-prepare the general budget for the year 2023 according to the new exchange rate (130) thousand dinars per 100 dollars." ...Yes - I'm deemed negative but in actuality it is not negativity but looking at ALL articles, not just the ones that are favorable...
2-27-2023 Newshound Guru Paulette Typically, it [the budget] will go through First Reading and then go to Parliament's Finance Committee for review. This review is often at least 2-3 weeks and often much longer. It then comes back for Second Reading and if all agreed, it can then be passed. If not agreed it will go out for at least three days before Third Reading and passage paragraph by paragraph with the first paragraph delineating the rate.
2-27-2023 Intel Guru Frank26 You don't care about the exchange rate as it reaches 1 to 1 do you? Of course not. You're not going to exchange. You could. You could still make a nice little profit out of it but you're waiting for the 1 to 1. You know the rate at which it will float. [NOTE: Consult your financial advisors to determine the best exchange strategy for your unique circumstances.]
2-27-2023 Intel Guru MarkZ [via PDK] Many of my contacts thought they would wake up to a new rate today at the earliest…most likely by tomorrow…. I am watching it. Overwhelmingly they believe this time this is “it”...That they have scheduled it and are waiting on the release. None of us know the exact timing …but we do know everyone is ready for it.
2-27-2023 Newshound Guru Sandy Ingram The exchange rate between the USD and the IQD is still at 1458 on the international currency feed. We don't know why it has not calculated to 1300 per the CBI's rate change...[I'll] keep you posted.
2-27-2023 Newshound Guru Pimpy There's a difference in RV and RI...RV is when you re-value a currency. We saw a revalue when the Iraqi dinar went from 1190 dinars to 1450. That is an RV. An RI is when you had an exchange rate for whatever reason they changed it and then once it was done they just reinstated it. That's what happened to Kuwait.
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2-26-2023 Newshound Guru Militia Man There is some really big information that came out today…From The Arab Monetary Fund and Al Sudani talking about joining the International banking system. This is huge. These people are telling us they are going International.
2-26-2023 Newshound Guru Pimpy The United States has been tightening the screws down in Iraq because they feel money is being smuggled/laundered...over into Iran circumventing the sanctions...which is a no-no...we'll notice if the Untied States starts loosing up with the dollars...
2-26-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-26-2023 Intel Guru Frank26 They're telling us they're going to float the Iraqi dinar. Right now it's an internal float. 1750 to 1700 to 1550. What is it right now - 1300? We're looking for maybe 1190? 1000? It's going in the right direction. They're telling you the rate. They told you they were doing an internal float. They told you they're going to do an external float at least 1 to 1 with the American dollar. That's when you're going to exchange your currency aren't you?
2-26-2023 Newshound Guru Militia Man The government returned the budget to the finance ministry in order for them to adapt it to a new exchange rate. Our view is the 1310 is something in the past. We believe there's going to be a different change coming...I hope you guys feel like I do. You should be excited...
2-26-2023 Newshound/Intel Gurus Walkingstick & Frank26 A reinstatement of a currency of a country has never started at a 3+ with its exchange rate. Never...What about Kuwait? ...They reinstated. They put back the rate that they took down...They went back to $3.22. That is a reinstatement. The Iraqi dinar is not doing that. The Iraqi dinar is doing a reinstatement with a re-denomination. That is a completely different story. Kuwait was an RI. Iraq is an RD plus an RI. Kuwait could come out at its original exchange rate of $3+ but Iraq's monetary reform is a completely different matter. Iraq is a re-denomination that leads to a reinstatement of a new currency, for example the new small category notes.
2-26-2023 Newshound Guru Clare Article: "Association of Iraqi Banks: Dealing in the Chinese yuan may provide the possibility of reducing import costs" Quote: "the Central Bank will consider, after controlling the exchange rate of the dollar in the balance market, by linking the price of the dinar to the dollar immediately and not at fixed prices."
2-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are telling us on TV that the dinar is recovering and once again it will be strong. This is their words to us...that it will be strong and stable and they are saying our gas will burn off from our oil will be our energy source and GE is talking about the big deal that they just signed here. FRANK: The monetary reform cannot exist without electricity. You can't get the information to the citizens, you can't do the transfers, you can't do anything...
2-26-2023 Guest Guru Deepwoodz Question: "article says the budget will reach the house this week.so does that mean the com agreed on everything to send it to the goi?" I think yes...The COM is Sudani’s selected government whom Parliament gave a vote of confidence for. Between them and the PM, they are carrying out what they’ve been calling the government program. It’s supposed to be why they achieved the approval of Parliament in their beginning. I believe that this budget, like everything else it seems since Sudani came on scene, will pass scrutiny rather quickly. As it should be reflective of all the promises they made in order to gain power.
2-26-2023 Newshound Guru Pimpy Does the future look bright for Iraq? Yes, as long as they start getting their shit together and their government starts doing the right things necessary like providing funding for infrastructure and helping with education that helps contribute to the currency exchange rate.
2-26-2023 Intel Guru Frank26 Article: "Association of Iraqi Banks: Dealing in the Chinese yuan may provide the possibility of reducing import costs" Quote: "the Central Bank will consider, after controlling the exchange rate of the dollar in the balance market, by linking the price of the dinar to the dollar immediately and not at fixed prices." ...THIS IS EXPLAINING & TALKING ABOUT THE INTERNATIONAL FLOAT OF THE IQD THAT IS ABOUT TO START.
2-26-2023 Newshound Guru Sandy Ingram This is the first time imports from China will be paid for in Yuan. Before now all imports were paid for in U.S. dollars. The Central Bank of Iraq said this move could boost the balances in Iraqi banks that have accounts with Chinese banks. It would also boost local bank balances through the central bank's U.S. dollar reserve accounts with JP Morgan...It would work something like this. The Iraqi bank would convert U.S. dollars to Yuan and pay invoices in China [Post 2 of 2]
2-26-2023 Newshound Guru Sandy Ingram Currency Mayhem - IQD from USD to CNY. Article: "Iraq, short on dollars, moves to purchases with Chinese yuan" To compensate for a foreign currency shortage Iraq Central Bank said the country would soon trade with China directly in Yuan...This happened ...because the Iraqi Parliament approved a currency revaluation in response to a shortage of U.S. dollars... The Federal Reserve Bank pulled back on U.S. currency in Iraq because it was proven that US dollars were flowing freely into Iran and Syria... [Post 1 of 2...stay tuned]
2-26-2023 Intel Guru MarkZ [via PDK] Quote: “in order to prevent the movement of cash through borders and ports that exceeds what is specified in instructions from the central bank of 10K in dollars. The Compton security authorities follow up and inspect vehicles that pass borders to prevent smuggling. And take legal actions in coordination with the Central bank while providing the banks with the amounts discovered and their sequence numbers” Why is this important? One of the things we were told that we would see right on the cusp of this change in value was a closing of their financial borders. They have now done this electronically and physically...IMO this is enormous news coming out of Iraq...I am more than a little excited…I am EXTREMELY excited about the news coming out of Iraq.
2-26-2023 Newshound Guru Militia Man There is some really big information that came out today…From The Arab Monetary Fund and Al Sudani talking about joining the International banking system. This is huge. These people are telling us they are going International.
2-26-2023 Newshound Guru Pimpy The United States has been tightening the screws down in Iraq because they feel money is being smuggled/laundered...over into Iran circumventing the sanctions...which is a no-no...we'll notice if the Untied States starts loosing up with the dollars...
2-26-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-26-2023 Intel Guru Frank26 They're telling us they're going to float the Iraqi dinar. Right now it's an internal float. 1750 to 1700 to 1550. What is it right now - 1300? We're looking for maybe 1190? 1000? It's going in the right direction. They're telling you the rate. They told you they were doing an internal float. They told you they're going to do an external float at least 1 to 1 with the American dollar. That's when you're going to exchange your currency aren't you?
2-26-2023 Newshound Guru Militia Man The government returned the budget to the finance ministry in order for them to adapt it to a new exchange rate. Our view is the 1310 is something in the past. We believe there's going to be a different change coming...I hope you guys feel like I do. You should be excited...
2-26-2023 Newshound/Intel Gurus Walkingstick & Frank26 A reinstatement of a currency of a country has never started at a 3+ with its exchange rate. Never...What about Kuwait? ...They reinstated. They put back the rate that they took down...They went back to $3.22. That is a reinstatement. The Iraqi dinar is not doing that. The Iraqi dinar is doing a reinstatement with a re-denomination. That is a completely different story. Kuwait was an RI. Iraq is an RD plus an RI. Kuwait could come out at its original exchange rate of $3+ but Iraq's monetary reform is a completely different matter. Iraq is a re-denomination that leads to a reinstatement of a new currency, for example the new small category notes.
2-26-2023 Newshound Guru Clare Article: "Association of Iraqi Banks: Dealing in the Chinese yuan may provide the possibility of reducing import costs" Quote: "the Central Bank will consider, after controlling the exchange rate of the dollar in the balance market, by linking the price of the dinar to the dollar immediately and not at fixed prices."
2-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are telling us on TV that the dinar is recovering and once again it will be strong. This is their words to us...that it will be strong and stable and they are saying our gas will burn off from our oil will be our energy source and GE is talking about the big deal that they just signed here. FRANK: The monetary reform cannot exist without electricity. You can't get the information to the citizens, you can't do the transfers, you can't do anything...
2-26-2023 Guest Guru Deepwoodz Question: "article says the budget will reach the house this week.so does that mean the com agreed on everything to send it to the goi?" I think yes...The COM is Sudani’s selected government whom Parliament gave a vote of confidence for. Between them and the PM, they are carrying out what they’ve been calling the government program. It’s supposed to be why they achieved the approval of Parliament in their beginning. I believe that this budget, like everything else it seems since Sudani came on scene, will pass scrutiny rather quickly. As it should be reflective of all the promises they made in order to gain power.
2-26-2023 Newshound Guru Pimpy Does the future look bright for Iraq? Yes, as long as they start getting their shit together and their government starts doing the right things necessary like providing funding for infrastructure and helping with education that helps contribute to the currency exchange rate.
2-26-2023 Intel Guru Frank26 Article: "Association of Iraqi Banks: Dealing in the Chinese yuan may provide the possibility of reducing import costs" Quote: "the Central Bank will consider, after controlling the exchange rate of the dollar in the balance market, by linking the price of the dinar to the dollar immediately and not at fixed prices." ...THIS IS EXPLAINING & TALKING ABOUT THE INTERNATIONAL FLOAT OF THE IQD THAT IS ABOUT TO START.
2-26-2023 Newshound Guru Sandy Ingram This is the first time imports from China will be paid for in Yuan. Before now all imports were paid for in U.S. dollars. The Central Bank of Iraq said this move could boost the balances in Iraqi banks that have accounts with Chinese banks. It would also boost local bank balances through the central bank's U.S. dollar reserve accounts with JP Morgan...It would work something like this. The Iraqi bank would convert U.S. dollars to Yuan and pay invoices in China [Post 2 of 2]
2-26-2023 Newshound Guru Sandy Ingram Currency Mayhem - IQD from USD to CNY. Article: "Iraq, short on dollars, moves to purchases with Chinese yuan" To compensate for a foreign currency shortage Iraq Central Bank said the country would soon trade with China directly in Yuan...This happened ...because the Iraqi Parliament approved a currency revaluation in response to a shortage of U.S. dollars... The Federal Reserve Bank pulled back on U.S. currency in Iraq because it was proven that US dollars were flowing freely into Iran and Syria... [Post 1 of 2...stay tuned]
2-26-2023 Intel Guru MarkZ [via PDK] Quote: “in order to prevent the movement of cash through borders and ports that exceeds what is specified in instructions from the central bank of 10K in dollars. The Compton security authorities follow up and inspect vehicles that pass borders to prevent smuggling. And take legal actions in coordination with the Central bank while providing the banks with the amounts discovered and their sequence numbers” Why is this important? One of the things we were told that we would see right on the cusp of this change in value was a closing of their financial borders. They have now done this electronically and physically...IMO this is enormous news coming out of Iraq...I am more than a little excited…I am EXTREMELY excited about the news coming out of Iraq.
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2-25-2023 Newshound/Intel Guru Mnt Goat ...the Central Bank of Iraq launched the second package of reforms. In a remarkable statement, the Central Bank of Iraq announced, a plan to allow trade with China in Chinese yuan instead of dollars, in an apparent attempt to improve access to foreign currency and reduce dependence on the dollar. WOW! ...we can see this is good news and also bad news as it may lead to complications if the CBI does not manage it correctly. ...Would Iraq sell oil for Yuan? ...if Iraq did make this move this would certainly push them even more to reinstate the dinar as an international currency once again but only if the CBI can also control these new currencies. We just have to wait and watch. It won’t be long before we see what happens.
2-25-2023 Newshound Guru Pimpy Question [If they remove the zeros from the currency what will happen to the old currency? Is it only the 25,000 note?] ...I'm sure we'll have time to go ahead and swap our currency out. You just can't screw over a lot of people who are legitimately holding on to the Iraqi dinar. If it were to happen it [the CBI] would give us a window of opportunity in which to go ahead and make the exchange...
2-25-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-25-2023 Intel Guru Frank26 Article "An economist expects a third package from the central bank to reduce the dollar" Quote "...There will be a third package of decisions for the Central Bank to reach the parallel price at the rate of 2%...ratio between the official and commercial price...the decline will face resistance from traders, speculators, importers of goods, and stakeholders." THE EXTERNAL FLOAT WITH A PLUS OR MINUS OF 2-3%.
2-25-2023 Newshound Guru Breitling It's black and white. Iraq picked the right guys. They picked us. They're going to stay with us. They're not going to go with the BRICS. They're not going with Asia. They're not going to go with the EU. They're going to stay with the biggest massive system in the world where they can get capital. And if they need to raise money through the IMF...they're going to stay with those guys because Europe doesn't have any money to lend out. China doesn't have any money to lend out and if they do lend it out it's not worth the risk for them...
2-25-2023 Newshound Guru Militia Man It's been 20 years they've had this process going and now they're finally getting to that change. If we can't see it now we probably never will but at this stage of the game I'm a believer that they are telling us and they did tell us there's no going back. This process is underway.
2-25-2023 Intel Guru Frank26 Articles: "Sudanese advisor: Central Bank reserves are subject to guidelines regarding diversification between currencies" DIVERSIFICATION BETWEEN CURRENCIES...BECAUSE THE IQD IS ABOUT TO FLOAT AGAINST MANY FOREIGN CURRENCIES... THIS IS CURRENCY REFORM EDUCATION! ...this is explaining the external float to the Iraqi citizens...
2-25-2023 Newshound Guru Pimpy With a strong economy and the gold reserves are up and the foreign currency reserves are up there's no reason for Iraq not to have a stronger exchange rate once you can start providing more jobs and you start redoing infrastructure but it's not going to happen overnight. You're not going to see no presto huge jump in the exchange rate. No. It's going to go up in increments...
2-25-2023 Intel Guru MarkZ [via PDK] I am still hearing it’s going to be a complete reinstatement or revaluation…perhaps they are going to do this in-markets there on the streets and quickly let it float up to their desired level…we shall see. But that is the chatter and its been overwhelming over the last few hours out of Iraq...Based on the news from Iraq…I hope our exchanges will start sometime this upcoming week…Its looking good and the chatter is overwhelmingly good...This is extremely exciting. [post 2 of 2]
2-25-2023 Intel Guru MarkZ [via PDK] In Iraq...They are...talking about having the new value in the budget and they have made alterations in the new budget for a new value in it. It is believed to be a higher value. The budget is being presented this week. The chatter on the street is indeed is 1 to 1 and then a float… PAY ATTENTION BECAUSE THIS IS IMPORTANT... I do not think this is what we are going to see over here. [post 1 of 2....stay tuned]
2-25-2023 Newshound Guru Samson Article: "An economist expects a third package from the central bank to reduce the dollar". THIRD PACKAGE OF DECISIONS - POWERFUL.
2-25-2023 Newshound Guru Sandy Ingram CBI announced Iraq will do business with China using the Chinese currency...this is an attempt the Central Bank of Iraq is saying to stabilize or help stabilize the IQD.
2-25-2023 Intel Guru Frank26 What is the rate that they will leave their borders and be done with the internal float? 1 to 1. How long will it float externally into the markets in the currency reform? I don't know. 'I don't care.' Why? 'I only have a million dinar.' Oh. 'I care' Why? 'I have a lot of dinars.' For those of you that have a lot of dinars that are going to be paying attention to this next phase - It will be well managed and well controlled in the float...
2-25-2023 Newshound/Intel Guru Mnt Goat There is some amazing news and it falls directly in line of what we should be expecting at this point in time. We all should realize by now the IQD is no longer pegged to the dollar...When I reviewed the Dr. Shabibi 2011 plan of the process to reinstate the Iraqi dinar...that part of the process would be to de-peg for the dollar then watch for inflation...This period of adjusting for inflation could take a few days, weeks or even months...We must now settle down and relax while we watch the process play out.
2-25-2023 Newshound/Intel Guru Mnt Goat ...the Central Bank of Iraq launched the second package of reforms. In a remarkable statement, the Central Bank of Iraq announced, a plan to allow trade with China in Chinese yuan instead of dollars, in an apparent attempt to improve access to foreign currency and reduce dependence on the dollar. WOW! ...we can see this is good news and also bad news as it may lead to complications if the CBI does not manage it correctly. ...Would Iraq sell oil for Yuan? ...if Iraq did make this move this would certainly push them even more to reinstate the dinar as an international currency once again but only if the CBI can also control these new currencies. We just have to wait and watch. It won’t be long before we see what happens.
2-25-2023 Newshound Guru Pimpy Question [If they remove the zeros from the currency what will happen to the old currency? Is it only the 25,000 note?] ...I'm sure we'll have time to go ahead and swap our currency out. You just can't screw over a lot of people who are legitimately holding on to the Iraqi dinar. If it were to happen it [the CBI] would give us a window of opportunity in which to go ahead and make the exchange...
2-25-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-25-2023 Intel Guru Frank26 Article "An economist expects a third package from the central bank to reduce the dollar" Quote "...There will be a third package of decisions for the Central Bank to reach the parallel price at the rate of 2%...ratio between the official and commercial price...the decline will face resistance from traders, speculators, importers of goods, and stakeholders." THE EXTERNAL FLOAT WITH A PLUS OR MINUS OF 2-3%.
2-25-2023 Newshound Guru Breitling It's black and white. Iraq picked the right guys. They picked us. They're going to stay with us. They're not going to go with the BRICS. They're not going with Asia. They're not going to go with the EU. They're going to stay with the biggest massive system in the world where they can get capital. And if they need to raise money through the IMF...they're going to stay with those guys because Europe doesn't have any money to lend out. China doesn't have any money to lend out and if they do lend it out it's not worth the risk for them...
2-25-2023 Newshound Guru Militia Man It's been 20 years they've had this process going and now they're finally getting to that change. If we can't see it now we probably never will but at this stage of the game I'm a believer that they are telling us and they did tell us there's no going back. This process is underway.
2-25-2023 Intel Guru Frank26 Articles: "Sudanese advisor: Central Bank reserves are subject to guidelines regarding diversification between currencies" DIVERSIFICATION BETWEEN CURRENCIES...BECAUSE THE IQD IS ABOUT TO FLOAT AGAINST MANY FOREIGN CURRENCIES... THIS IS CURRENCY REFORM EDUCATION! ...this is explaining the external float to the Iraqi citizens...
2-25-2023 Newshound Guru Pimpy With a strong economy and the gold reserves are up and the foreign currency reserves are up there's no reason for Iraq not to have a stronger exchange rate once you can start providing more jobs and you start redoing infrastructure but it's not going to happen overnight. You're not going to see no presto huge jump in the exchange rate. No. It's going to go up in increments...
2-25-2023 Intel Guru MarkZ [via PDK] I am still hearing it’s going to be a complete reinstatement or revaluation…perhaps they are going to do this in-markets there on the streets and quickly let it float up to their desired level…we shall see. But that is the chatter and its been overwhelming over the last few hours out of Iraq...Based on the news from Iraq…I hope our exchanges will start sometime this upcoming week…Its looking good and the chatter is overwhelmingly good...This is extremely exciting. [post 2 of 2]
2-25-2023 Intel Guru MarkZ [via PDK] In Iraq...They are...talking about having the new value in the budget and they have made alterations in the new budget for a new value in it. It is believed to be a higher value. The budget is being presented this week. The chatter on the street is indeed is 1 to 1 and then a float… PAY ATTENTION BECAUSE THIS IS IMPORTANT... I do not think this is what we are going to see over here. [post 1 of 2....stay tuned]
2-25-2023 Newshound Guru Samson Article: "An economist expects a third package from the central bank to reduce the dollar". THIRD PACKAGE OF DECISIONS - POWERFUL.
2-25-2023 Newshound Guru Sandy Ingram CBI announced Iraq will do business with China using the Chinese currency...this is an attempt the Central Bank of Iraq is saying to stabilize or help stabilize the IQD.
2-25-2023 Intel Guru Frank26 What is the rate that they will leave their borders and be done with the internal float? 1 to 1. How long will it float externally into the markets in the currency reform? I don't know. 'I don't care.' Why? 'I only have a million dinar.' Oh. 'I care' Why? 'I have a lot of dinars.' For those of you that have a lot of dinars that are going to be paying attention to this next phase - It will be well managed and well controlled in the float...
2-25-2023 Newshound/Intel Guru Mnt Goat There is some amazing news and it falls directly in line of what we should be expecting at this point in time. We all should realize by now the IQD is no longer pegged to the dollar...When I reviewed the Dr. Shabibi 2011 plan of the process to reinstate the Iraqi dinar...that part of the process would be to de-peg for the dollar then watch for inflation...This period of adjusting for inflation could take a few days, weeks or even months...We must now settle down and relax while we watch the process play out.
2-24-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-24-2023 Newshound/Intel Gurus Walkingstick & Frank26 They are explaining to the citizens all the details of the currency reform. This is the CBI's 2nd stage...it is the how, when, why and where of the 2nd stage of the currency reform...The currency reform will introduce the new exchange rate and the new small category notes.
2-24-2023 Intel Guru Frank26 The 2 questions that are constantly being asked of me - What is the date? What is the rate? ...the rate in the articles - they're going to float the dinar. They make it very plain and simple that their goal is to try to be at least 1 to 1 with the Iraqi dinar when they float...the rate right now is 1300 maybe soon it'll be 1190, maybe 1000 to 1...
2-24-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-24-2023 Intel Guru MarkZ [via PDK] I have a contact with a banking story…they said their bank (a major bank) drive through was closed…the ATM was down for work…they had a conversation with a long time banking contact there who said they were updating and changing their drive throughs and ATMs for our new currency...huge news in my book...Its getting harder and harder to hide this from the rank and file workers…they know they are getting new equipment…Some of this new equipment is to verify foreign currency so they can exchange them…they are keeping this so compartmentalized in the banking sector…they know something huge is happening…If they were told...that many foreign currencies will soon be worth a lot…how many of these employees would still be around in the future? So they try to keep them in the dark...
2-24-2023 Newshound Guru Clare Article: "Historic collapse.. The Iranian currency records 5 million per 100 dollars" Quote: "The decline of the Iranian currency comes despite the recent steps taken by the regime, including the appointment of Muhammad Reza Farzin as the new governor of the Central Bank on December 30, 2022...the riyal was trading at 315,000 riyals to the dollar when anti-government protests erupted in mid-September."
2-24-2023 Intel Guru Bruce [via WiserNow] ...a- boy are we ever close... we are at the precipice and we are looking very good...Iraq I believe has done what they were supposed to have done. Everything is positive ...there does not appear to be anything else in the way of this going as far as we know...I'm not really seeing or feeling that things are holding us up at this point...
2-24-2023 Newshound Guru Samson Article: "Parliament hosts the governor of the Central Bank of Iraq to discuss "the status of the dollar". EXCHANGE RATE ON THE TABLE AGAIN.
2-24-2023 Newshound Guru Militia Man The National Investment Commission...saying they're going to adopt the Iraqi dinar in paying dues for housing... They're getting rid of the MCPs (multi-currency practices). They are going to be paying dues/rents in dinar. This is the governmental process coming into play...The banking system has gone digital. They've gone to the new Swift system now the government is going and interconnecting with the new system...they're going to be in...the dinar.
2-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani again is telling Iraqi citizens to hold on to their dinars. They are talking about how we will lose money if we don't. And that the dinar will gain value. FRANK: Sudani again this week comes out and tells the Iraqi citizens hold onto your dinars, don't be trading them in for foreign currency/for American dollars...If it was not happening the way we think it's happening they sure as heck wouldn't tell them that...That is the most powerful, significant thing that is happening right now. Sudani and the governor of the CBI telling the Iraqi citizens don't let go of your 3 zero notes, you're going to be trading them in at a different rate of 1 to 1...
2-24-2023 Newshound/Intel Gurus Walkingstick & Frank26 When it floats internationally, the Iraqi dinar will be listed as an emerging or transitioning economy in the international marketplace...This is part of the monetary reform...
2-24-2023 Newshound Guru Pimpy Think about it...what ends up happening is you create a black market. Whether the exchange rate is better in-country or out of the country you're sill going to have people buying dinars, selling them on the opposite side just so they can make more money. That's why you won't have an in-country rate...use a little common sense. That doesn't make any sense whatsoever. None whatsoever. There is no 'in-country rate.' [Post 3 of 3]
2-24-2023 Newshound Guru Pimpy Let's pretend that in fact there is an in-country rate versus the rest of the world. Let's say everybody outside of Iraq gets a rate of 1300...and the people on the inside of Iraq get 1000 dinars... Here's the problem - Why wouldn't I just have people outside of Iraq buy my Iraqi dinars for more and smuggle it to me in county? Because then for every dollar I'm getting an additional 300 dinars for every dollar...Does that make sense to you? [Post 2 of 3....stay tuned]
2-24-2023 Newshound Guru Pimpy I got people out there telling me, 'No Pimpy man they got an in-country rate versus an out-country rate.' No they don't. I told you guys I don't know how many times that doesn't make any sense. Do you understand if they had a different exchange rate compared to what the rest of the world has, the type of black market that would be created because of the 2 different rate changes? Does not make sense to you? [Post 1 of 3...stay tuned]
2-24-2023 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY ENERGY: THE OIL AND GAS LAW WILL PASS THIS SESSION AND WE ARE WAITING FOR IT TO ARRIVE" Draft oil and gas law...the Parliamentary Oil, Gas and Natural Resources Committee called on the government to send the final version of the draft oil and gas law, affirming its intention to proceed with enacting the law.
2-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They say the new mechanism will be implemented in coming days to change the dollar exchange rate and to make the dinar more stable...we don't know the change. In the coming days we expect it to be like 1190 but that's just our guess. It could be better with this mechanism. FRANK: Yeah! It could be 1000...because that's the prefect position.
2-24-2023 Intel Guru MarkZ [via PDK] Question: What is HCL? MarkZ: Hydrocarbon Law. Its basically how they set up the profit sharing…for all the regions in Iraq...Including the Kurdish region. How they will spread the wealth around the country from all the revenue of precious metals, oik, natural gas etc… [reference MarkZ post below]
2-24-2023 Newshound/Intel Gurus Walkingstick & Frank26 They are explaining to the citizens all the details of the currency reform. This is the CBI's 2nd stage...it is the how, when, why and where of the 2nd stage of the currency reform...The currency reform will introduce the new exchange rate and the new small category notes.
2-24-2023 Intel Guru Frank26 The 2 questions that are constantly being asked of me - What is the date? What is the rate? ...the rate in the articles - they're going to float the dinar. They make it very plain and simple that their goal is to try to be at least 1 to 1 with the Iraqi dinar when they float...the rate right now is 1300 maybe soon it'll be 1190, maybe 1000 to 1...
2-24-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-24-2023 Intel Guru MarkZ [via PDK] I have a contact with a banking story…they said their bank (a major bank) drive through was closed…the ATM was down for work…they had a conversation with a long time banking contact there who said they were updating and changing their drive throughs and ATMs for our new currency...huge news in my book...Its getting harder and harder to hide this from the rank and file workers…they know they are getting new equipment…Some of this new equipment is to verify foreign currency so they can exchange them…they are keeping this so compartmentalized in the banking sector…they know something huge is happening…If they were told...that many foreign currencies will soon be worth a lot…how many of these employees would still be around in the future? So they try to keep them in the dark...
2-24-2023 Newshound Guru Clare Article: "Historic collapse.. The Iranian currency records 5 million per 100 dollars" Quote: "The decline of the Iranian currency comes despite the recent steps taken by the regime, including the appointment of Muhammad Reza Farzin as the new governor of the Central Bank on December 30, 2022...the riyal was trading at 315,000 riyals to the dollar when anti-government protests erupted in mid-September."
2-24-2023 Intel Guru Bruce [via WiserNow] ...a- boy are we ever close... we are at the precipice and we are looking very good...Iraq I believe has done what they were supposed to have done. Everything is positive ...there does not appear to be anything else in the way of this going as far as we know...I'm not really seeing or feeling that things are holding us up at this point...
2-24-2023 Newshound Guru Samson Article: "Parliament hosts the governor of the Central Bank of Iraq to discuss "the status of the dollar". EXCHANGE RATE ON THE TABLE AGAIN.
2-24-2023 Newshound Guru Militia Man The National Investment Commission...saying they're going to adopt the Iraqi dinar in paying dues for housing... They're getting rid of the MCPs (multi-currency practices). They are going to be paying dues/rents in dinar. This is the governmental process coming into play...The banking system has gone digital. They've gone to the new Swift system now the government is going and interconnecting with the new system...they're going to be in...the dinar.
2-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani again is telling Iraqi citizens to hold on to their dinars. They are talking about how we will lose money if we don't. And that the dinar will gain value. FRANK: Sudani again this week comes out and tells the Iraqi citizens hold onto your dinars, don't be trading them in for foreign currency/for American dollars...If it was not happening the way we think it's happening they sure as heck wouldn't tell them that...That is the most powerful, significant thing that is happening right now. Sudani and the governor of the CBI telling the Iraqi citizens don't let go of your 3 zero notes, you're going to be trading them in at a different rate of 1 to 1...
2-24-2023 Newshound/Intel Gurus Walkingstick & Frank26 When it floats internationally, the Iraqi dinar will be listed as an emerging or transitioning economy in the international marketplace...This is part of the monetary reform...
2-24-2023 Newshound Guru Pimpy Think about it...what ends up happening is you create a black market. Whether the exchange rate is better in-country or out of the country you're sill going to have people buying dinars, selling them on the opposite side just so they can make more money. That's why you won't have an in-country rate...use a little common sense. That doesn't make any sense whatsoever. None whatsoever. There is no 'in-country rate.' [Post 3 of 3]
2-24-2023 Newshound Guru Pimpy Let's pretend that in fact there is an in-country rate versus the rest of the world. Let's say everybody outside of Iraq gets a rate of 1300...and the people on the inside of Iraq get 1000 dinars... Here's the problem - Why wouldn't I just have people outside of Iraq buy my Iraqi dinars for more and smuggle it to me in county? Because then for every dollar I'm getting an additional 300 dinars for every dollar...Does that make sense to you? [Post 2 of 3....stay tuned]
2-24-2023 Newshound Guru Pimpy I got people out there telling me, 'No Pimpy man they got an in-country rate versus an out-country rate.' No they don't. I told you guys I don't know how many times that doesn't make any sense. Do you understand if they had a different exchange rate compared to what the rest of the world has, the type of black market that would be created because of the 2 different rate changes? Does not make sense to you? [Post 1 of 3...stay tuned]
2-24-2023 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY ENERGY: THE OIL AND GAS LAW WILL PASS THIS SESSION AND WE ARE WAITING FOR IT TO ARRIVE" Draft oil and gas law...the Parliamentary Oil, Gas and Natural Resources Committee called on the government to send the final version of the draft oil and gas law, affirming its intention to proceed with enacting the law.
2-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They say the new mechanism will be implemented in coming days to change the dollar exchange rate and to make the dinar more stable...we don't know the change. In the coming days we expect it to be like 1190 but that's just our guess. It could be better with this mechanism. FRANK: Yeah! It could be 1000...because that's the prefect position.
2-24-2023 Intel Guru MarkZ [via PDK] Question: What is HCL? MarkZ: Hydrocarbon Law. Its basically how they set up the profit sharing…for all the regions in Iraq...Including the Kurdish region. How they will spread the wealth around the country from all the revenue of precious metals, oik, natural gas etc… [reference MarkZ post below]
2-23-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-23-2023 Newshound/Intel Guru Walkingstick [via Frank26] The currency reform education contains the new currency itself, the new exchange rate, the new coins that will be coming out, the new small category notes...and the coexisting of the large denominations they have right now. It will also include the information about the private satellite banks...
2-23-2023 Newshound Guru Pimpy There's some interactions between Iraq and Interpol I find interesting. Article: "Interpol reveals details of Iraqi money recovery" 182 people they've caught...that's a lot of people...
2-23-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-23-2023 Intel Guru MarkZ [via PDK] There is more news from Iraq that their budget is going in this weekend. About the HCL law…they believe the entire framework will be completed and agreed upon before the budget hits parliament. This is extremely positive news out of Iraq. The HCL or Hydrocarbon law was one of those things we were told to look for before the RV. [When we see the HCL passed…its showtime!!!] I agree…
2-23-2023 Intel Guru Frank26 Article: "The Central Bank announces the second package of facilities to obtain foreign currency" THIS IS THE START OF THE 'CURRENCY REFORM' EXPLAINING THE HOW, WHEN & WHY OF THE SECOND STAGE LEADING TO A RD FOR A RI.
2-23-2023 Newshound Guru Breitling They're not going to announce that they're going to revalue. But that doesn't mean they can't say, 'We're going to adjust the exchange rate.' They say that all the time.
2-23-2023 Newshound Guru Militia Man Changing from the dollar to the dinar in real estate is going to be a a big thing because multi-currency practices are going to be gone. They're making it so that people have to use the dinar. Whether that's in real estate, whether that's in commercial business, the dinar is going to be the main focus...
2-23-2023 Intel Guru MarkZ [via PDK] “Iraq Pivots to Yuan for China Imports in defense of its own currency” This is Bloomberg. This is worldwide news now… ”Iraqi Central banks to drop dollar for Yuon in trade with China” They are being up front with what they are doing so they can reinstate or revalue their currency. This is happening.
2-23-2023 Newshound Guru Pimpy Inflation, unemployment, demand, political stability, supply, future prospects...all play a part in the currency exchange rate. Is inflation down? They're saying it was at double digits last couple years although every time I look at it it's in single digits. Unemployment is not under check...Demand for the currency? There is none. People want the dollar. That's why the market rate is so much different than the official rate. Political stability? No. We just watched Iraq go through an entire year of bickering about who is going to run the government. Supply? They have nothing to offer the outside world, not yet, but they definitely need a lot of things in country. Future Prospects? ...over 65% of the people in Iraq over the next couple years will be of working age. That's perfect.
2-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Channel One...the foreign minister on the news is talking about the dollar exchange rate will continue to go downward until it reaches stability point. They're saying that Iraq working with the USA on a mechanism ...to strengthen the dinar. FRANK: They are using that 2nd stage, 2nd mechanism, 2nd Article, whatever you want to call it, in order to bring down the exchange rate against the American dollar. [NOTE: Remember the dollar going downward vs the dinar is good for dinar holders.]
2-23-2023 Newshound/Intel Gurus Walkingstick & Frank26 The last CBI meetings said that within the next week or so they will start to introduce the currency reform...What is the currency reform? ...[It] removes any restrictions that is preventing a currency from being implemented. There is no stopping the re-denomination that is entering the reinstatement of the Iraqi dinar. The restrictions on the currency through the program rates are now being removed...That's why you see so many exchange places being shut down right now because the currency reform is taking place.
2-23-2023 Guru Nader From The Mid East If it [The dinar] goes viral you'll see the bank will sell it and you will change it to wherever you are in any state...Florida...New York..Long Island, California...Arizona, Texas, Georgia, wherever. The bank would accept it. You're not going to travel nowhere.
2-23-2023 Intel Guru MarkZ [via PDK] The chatter has been awesome on the banking side. But, it’s the bankers…It is their job to be prepared. We talk about the “Boy who cried wolf” No matter how many times that boy cries wolf…it’s their job to be ready…we do know its close. Will we make in February? I am praying and hopeful that we make it. I am still hearing everything from tonight to March 2nd…a couple are looking at Ramadan.[Ramadan begins Mar 22nd and ends April 20th this year.] …but most are looking at much sooner than that...
2-23-2023 Newshound Guru Pimpy Once Iraq enrolls into the World Trade Organization it opens up big doors for Iraq to do international business. This also guarantees Iraq is able to do international business. This organization will facilitate Iraq exports and make sure this gets done...this is a great thing for Iraq who is rebuilding, who is an emerging market...
2-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The street rates are slowly coming down now...the official rate is 1320 but the street rate it's getting around 1550. That's down from 1750... All the meetings that Iraq has had with the USA feds and treasury was things that were needed to be done by Iraqi merchants to help lower the dollar rate. It was a success they're telling us... FRANK: 1190 is next. I really do think so. I'm pushing for 1000. That's what I want because then the 3 zeros could be easily lifted up
2-23-2023 Newshound/Intel Guru Mnt Goat ...The conclusion of the dialogues of the Iraqi delegation in the United States of America, related to the dollar crisis are completed. In a way this visit was different from all previous delegations that visited Washington previously. We are being told today in an article that the results of this negotiation were more than positive, and there was a very big surprise coming...
2-23-2023 Intel Guru MarkZ [via PDK] Question: Its Ramadan again…will this delay the RV? Answer: I was always told that they would love to do it over Ramadan. This is an enormous celebration for them. Most families are together for Ramadan…. I was told if they had their pick of any time of year to do it…they would pick Ramadan.
2-23-2023 Newshound/Intel Guru Walkingstick [via Frank26] The currency reform education contains the new currency itself, the new exchange rate, the new coins that will be coming out, the new small category notes...and the coexisting of the large denominations they have right now. It will also include the information about the private satellite banks...
2-23-2023 Newshound Guru Pimpy There's some interactions between Iraq and Interpol I find interesting. Article: "Interpol reveals details of Iraqi money recovery" 182 people they've caught...that's a lot of people...
2-23-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-23-2023 Intel Guru MarkZ [via PDK] There is more news from Iraq that their budget is going in this weekend. About the HCL law…they believe the entire framework will be completed and agreed upon before the budget hits parliament. This is extremely positive news out of Iraq. The HCL or Hydrocarbon law was one of those things we were told to look for before the RV. [When we see the HCL passed…its showtime!!!] I agree…
2-23-2023 Intel Guru Frank26 Article: "The Central Bank announces the second package of facilities to obtain foreign currency" THIS IS THE START OF THE 'CURRENCY REFORM' EXPLAINING THE HOW, WHEN & WHY OF THE SECOND STAGE LEADING TO A RD FOR A RI.
2-23-2023 Newshound Guru Breitling They're not going to announce that they're going to revalue. But that doesn't mean they can't say, 'We're going to adjust the exchange rate.' They say that all the time.
2-23-2023 Newshound Guru Militia Man Changing from the dollar to the dinar in real estate is going to be a a big thing because multi-currency practices are going to be gone. They're making it so that people have to use the dinar. Whether that's in real estate, whether that's in commercial business, the dinar is going to be the main focus...
2-23-2023 Intel Guru MarkZ [via PDK] “Iraq Pivots to Yuan for China Imports in defense of its own currency” This is Bloomberg. This is worldwide news now… ”Iraqi Central banks to drop dollar for Yuon in trade with China” They are being up front with what they are doing so they can reinstate or revalue their currency. This is happening.
2-23-2023 Newshound Guru Pimpy Inflation, unemployment, demand, political stability, supply, future prospects...all play a part in the currency exchange rate. Is inflation down? They're saying it was at double digits last couple years although every time I look at it it's in single digits. Unemployment is not under check...Demand for the currency? There is none. People want the dollar. That's why the market rate is so much different than the official rate. Political stability? No. We just watched Iraq go through an entire year of bickering about who is going to run the government. Supply? They have nothing to offer the outside world, not yet, but they definitely need a lot of things in country. Future Prospects? ...over 65% of the people in Iraq over the next couple years will be of working age. That's perfect.
2-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Channel One...the foreign minister on the news is talking about the dollar exchange rate will continue to go downward until it reaches stability point. They're saying that Iraq working with the USA on a mechanism ...to strengthen the dinar. FRANK: They are using that 2nd stage, 2nd mechanism, 2nd Article, whatever you want to call it, in order to bring down the exchange rate against the American dollar. [NOTE: Remember the dollar going downward vs the dinar is good for dinar holders.]
2-23-2023 Newshound/Intel Gurus Walkingstick & Frank26 The last CBI meetings said that within the next week or so they will start to introduce the currency reform...What is the currency reform? ...[It] removes any restrictions that is preventing a currency from being implemented. There is no stopping the re-denomination that is entering the reinstatement of the Iraqi dinar. The restrictions on the currency through the program rates are now being removed...That's why you see so many exchange places being shut down right now because the currency reform is taking place.
2-23-2023 Guru Nader From The Mid East If it [The dinar] goes viral you'll see the bank will sell it and you will change it to wherever you are in any state...Florida...New York..Long Island, California...Arizona, Texas, Georgia, wherever. The bank would accept it. You're not going to travel nowhere.
2-23-2023 Intel Guru MarkZ [via PDK] The chatter has been awesome on the banking side. But, it’s the bankers…It is their job to be prepared. We talk about the “Boy who cried wolf” No matter how many times that boy cries wolf…it’s their job to be ready…we do know its close. Will we make in February? I am praying and hopeful that we make it. I am still hearing everything from tonight to March 2nd…a couple are looking at Ramadan.[Ramadan begins Mar 22nd and ends April 20th this year.] …but most are looking at much sooner than that...
2-23-2023 Newshound Guru Pimpy Once Iraq enrolls into the World Trade Organization it opens up big doors for Iraq to do international business. This also guarantees Iraq is able to do international business. This organization will facilitate Iraq exports and make sure this gets done...this is a great thing for Iraq who is rebuilding, who is an emerging market...
2-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The street rates are slowly coming down now...the official rate is 1320 but the street rate it's getting around 1550. That's down from 1750... All the meetings that Iraq has had with the USA feds and treasury was things that were needed to be done by Iraqi merchants to help lower the dollar rate. It was a success they're telling us... FRANK: 1190 is next. I really do think so. I'm pushing for 1000. That's what I want because then the 3 zeros could be easily lifted up
2-23-2023 Newshound/Intel Guru Mnt Goat ...The conclusion of the dialogues of the Iraqi delegation in the United States of America, related to the dollar crisis are completed. In a way this visit was different from all previous delegations that visited Washington previously. We are being told today in an article that the results of this negotiation were more than positive, and there was a very big surprise coming...
2-23-2023 Intel Guru MarkZ [via PDK] Question: Its Ramadan again…will this delay the RV? Answer: I was always told that they would love to do it over Ramadan. This is an enormous celebration for them. Most families are together for Ramadan…. I was told if they had their pick of any time of year to do it…they would pick Ramadan.
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2-22-2023 Newshound Guru Pimpy The more I read about what's going on with Iraq it really does look like they're doing what they can to build up the value of the exchange rate for the Iraqi dinar. Now that doesn't mean they're going to jump up to any major value right at first. I still believe they're going to up in increments but either way for us it's good news...
2-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The budget is ready. But with the newer rates, the budget was pulled back for recalculating and will be ready in a couple of weeks...then it will go to parliament. They tell us all of this on television...
2-22-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-22-2023 Intel Guru MarkZ [via PDK] We had tremendous stuff from Iraq this morning…This is a day to day situation. That each day they are attempting to flip that switch. I believe this is accurate. I know it has gotten old…but I think we are as close as you think we are. I know the inevitability…I know we get to cross the finish line...We heard so much good news from Iraq...We know its happening…its underway…we just do not know the exact date.
2-22-2023 Newshound/Intel Guru Walkingstick [via Frank26] They will continue to talk to the citizens about the monetary reform. They talk to them all the time and they are now talking about the 2nd stage of the monetary reform where they will include the currency reform education. This is completely different. It is not the monetary reform and it is not the economic reform, it is the currency reform that is allowing this to float inside of the country and then outside. This is exactly what they are talking about now everything else does not matter...only currency reform education.
2-22-2023 Newshound Guru Militiaman 2023 budget which is scheduled possibly for as early as Thursday. It's coming together because they're [HCL, budget, etc] all exchange rate oriented. If they're on the Swift system and they have calculated a new exchange rate and that needs to be put into the spreadsheet to populate it to get to facilitate/get this going - it's possible that could be happening in a very short period of time...everything to me is powerful. I'm very excited.
2-22-2023 Newshound Guru Pimpy Obviously the currency exchange rate is on the minds of the people from Iraq as well as the United States and they're saying that they're putting 'mechanisms' in there and that people in Iraq will feel the difference in the near future. If they're not doing it now then they're going to do it later on in the very near future most likely by the time the next budget comes out.
2-22-2023 Intel Guru Frank26 Article: "The Chairman of the Investment Authority directs the adoption of the dinar in the payment of dues for housing projects" EVERYTHING IN IRAQ IS NOW DONE IN DINARS ONLY, FOR THE MONETARY REFORM!
2-22-2023 Newshound Guru Samson Article: "The Investment Authority directs the adoption of the Iraqi dinar in the payment of dues for housing projects". Ready for Adjustment to come.
2-22-2023 Intel Guru MarkZ [via PDK] The news from Iraq has just been awesome…”The central bank of Iraq announces the second package of facilities to obtain foreign currency” What they are doing is making certain that exchanges are all done through official channels and the de-dollarization continues...They are making their system 100% prepared...It appears that everything is in place to change the value of the dinar substantially.
2-22-2023 Newshound Guru Pimpy There's no doubt there's all kinds of activity happening over there in Iraq...the focus has been on Iraq, their politics, their banking system, the exchange rate and that talk still continues today. It's exciting because we haven't seen so much chatter about the Iraqi dinar exchange rate...
2-22-2023 Intel Guru Frank26 This week that we're in right now is really going to set the stage. If we see the budget law passed, oh my goodness! If we see HCL actually announced and being locked into the accounts at the banks, oh my goodness. If we see 1300 to to 1190 or 1000, oh my gosh...
2-22-2023 Newshound/Intel Guru Mnt Goat The news from Iraq this period is all very good and moving in the direction that we could possibly see the reinstatement soon. I do not have a date sorry! All these efforts they are now taking for electronic banking, Point of Sale, electric grid, 2023 budget, etc. projects are all part of the equation leading Iraq’s monetary system to where it needs to go... just relax and let the process work its way through...
2-22-2023 Newshound Guru Pimpy The more I read about what's going on with Iraq it really does look like they're doing what they can to build up the value of the exchange rate for the Iraqi dinar. Now that doesn't mean they're going to jump up to any major value right at first. I still believe they're going to up in increments but either way for us it's good news...
2-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The budget is ready. But with the newer rates, the budget was pulled back for recalculating and will be ready in a couple of weeks...then it will go to parliament. They tell us all of this on television...
2-22-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-22-2023 Intel Guru MarkZ [via PDK] We had tremendous stuff from Iraq this morning…This is a day to day situation. That each day they are attempting to flip that switch. I believe this is accurate. I know it has gotten old…but I think we are as close as you think we are. I know the inevitability…I know we get to cross the finish line...We heard so much good news from Iraq...We know its happening…its underway…we just do not know the exact date.
2-22-2023 Newshound/Intel Guru Walkingstick [via Frank26] They will continue to talk to the citizens about the monetary reform. They talk to them all the time and they are now talking about the 2nd stage of the monetary reform where they will include the currency reform education. This is completely different. It is not the monetary reform and it is not the economic reform, it is the currency reform that is allowing this to float inside of the country and then outside. This is exactly what they are talking about now everything else does not matter...only currency reform education.
2-22-2023 Newshound Guru Militiaman 2023 budget which is scheduled possibly for as early as Thursday. It's coming together because they're [HCL, budget, etc] all exchange rate oriented. If they're on the Swift system and they have calculated a new exchange rate and that needs to be put into the spreadsheet to populate it to get to facilitate/get this going - it's possible that could be happening in a very short period of time...everything to me is powerful. I'm very excited.
2-22-2023 Newshound Guru Pimpy Obviously the currency exchange rate is on the minds of the people from Iraq as well as the United States and they're saying that they're putting 'mechanisms' in there and that people in Iraq will feel the difference in the near future. If they're not doing it now then they're going to do it later on in the very near future most likely by the time the next budget comes out.
2-22-2023 Intel Guru Frank26 Article: "The Chairman of the Investment Authority directs the adoption of the dinar in the payment of dues for housing projects" EVERYTHING IN IRAQ IS NOW DONE IN DINARS ONLY, FOR THE MONETARY REFORM!
2-22-2023 Newshound Guru Samson Article: "The Investment Authority directs the adoption of the Iraqi dinar in the payment of dues for housing projects". Ready for Adjustment to come.
2-22-2023 Intel Guru MarkZ [via PDK] The news from Iraq has just been awesome…”The central bank of Iraq announces the second package of facilities to obtain foreign currency” What they are doing is making certain that exchanges are all done through official channels and the de-dollarization continues...They are making their system 100% prepared...It appears that everything is in place to change the value of the dinar substantially.
2-22-2023 Newshound Guru Pimpy There's no doubt there's all kinds of activity happening over there in Iraq...the focus has been on Iraq, their politics, their banking system, the exchange rate and that talk still continues today. It's exciting because we haven't seen so much chatter about the Iraqi dinar exchange rate...
2-22-2023 Intel Guru Frank26 This week that we're in right now is really going to set the stage. If we see the budget law passed, oh my goodness! If we see HCL actually announced and being locked into the accounts at the banks, oh my goodness. If we see 1300 to to 1190 or 1000, oh my gosh...
2-22-2023 Newshound/Intel Guru Mnt Goat The news from Iraq this period is all very good and moving in the direction that we could possibly see the reinstatement soon. I do not have a date sorry! All these efforts they are now taking for electronic banking, Point of Sale, electric grid, 2023 budget, etc. projects are all part of the equation leading Iraq’s monetary system to where it needs to go... just relax and let the process work its way through...
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2-21-2023 Intel Guru MarkZ [via PDK] I am still hearing phenomenal stuff from the banking side...Iraq is still saying that their budget goes next week. My understanding is that before the budget gets introduced to parliament…the HCL will be done. So we know we are in a short window for Iraq to make a move.
2-21-2023 Intel Guru Frank26 New keyword 'currency reform'. You went through the monetary reform. You are going through the economic reform. The Iraqi citizens are going through the 'currency reform'. Notice I said you are going through the economic reform. The fact that you purchased Iraqi dinar is going to help their economy. But the citizens of Iraq will have purchasing power through a new mechanism in 2nd stage that will allow them to have a new exchange rate when the dinar starts to floats.
2-21-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-21-2023 Newshound Guru Samson Article: "The Foreign Minister reveals the details of Washington 's visit: There are no American conditions, and the currency will soon stabilize" IMMINENT STABILIZATION OF THE EXCHANGE RATE
2-21-2023 Newshound Guru Henig Article "Revival of hanging gardens in Iraq" Quote "The Central Bank of Iraq is witnessing in the design of its new building hanging gardens that bring to mind...one of the seven historical wonders of the world...the implementation of the first listed hanging gardens in Iraq, which will decorate the roof of the base of the new central bank building..." These cats are positioning themselves for a new Renaissance.
2-21-2023 Newshound Guru Paulette Baghdad is finally in the driver's seat. Let's hope the Coordinating Framework turns out to be the good guys. We are at a time that nobody truly knows who is good or bad in this world...My biggest question is will Nouri al-Maliki turn out to be good, bad or flipped? If I knew the answer, I would have a better understanding of where the RI process currently lies...
2-21-2023 Newshound Guru Pimpy You're looking at a 160 dinar difference between the two rates which is equivalent to 11 cents. That doesn't sound like much but it does add up quickly. If you had $1 million dollars and you want to go buy the Iraqi dinar on the black market at 1460 dinars...you would get 1 billion 460 million dinars...You would take it into the bank and sell it to them for 1300 dinars for every $1 and you would make a profit of 160 million dinars...$109,594...of course it's illegal to do that but there are people out there who do it for you. [Post 2 of 2]
2-21-2023 Newshound Guru Pimpy I can tell when I'm speaking to people that they're confusing what the exchange rates are. There are different types of exchange rates...One is the official rate, which is 1300 dinars for every dollar. The other one is the market rate, which is 1460 dinars for every dollar...the market rate, which is like the black market rate, is what people are willing to pay for the US dollar. They're willing to exchange 1460 dinars for every dollar. In other words they will pay you more to get their hands on the US dollar...this is causing a problem. [Post 1 of 2....stay tuned]
2-21-2023 Guru Nader From The Mid East If you talk about the private sector look at it a year ago and look at it now. It's gone 60%-70% better.
2-21-2023 Intel Guru MarkZ [via PDK] The banking side is still extremely excited about late afternoon to overnight tonight for things to move forward and money to be released…I am watching it very closely… I believe this is the closest we have ever been...
2-21-2023 Newshound Guru Pimpy We know the budget has been put forward and they're supposed to be voting on it. I made a suggestion that it appeared they might make another exchange rate change before the budget is released 100%. I said once the budget has been voted on then we're stuck with the exchange rate at least for a year unless they want to amend the budget which is a pain in the butt to do. Until that budget law has been passed keep your fingers crossed.
2-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is on News Station One saying the CBI is determined to stabilize the exchange rate and the next phase is coming. They're calling it the 2nd Stage Phase. FRANK: The 2nd Stage/Phase of the monetary reform IMO is to reveal a new exchange rate and your new small category note to you as Iraqi citizens. FIREFLY: It's all the talk in the streets. We're expecting that soon.
2-21-2023 Intel Guru MarkZ [via PDK] Today Iraq has announced that they now have digital control over the flow of their money so it is possible…Very, very possible they can make it happen in this short of time frame. It is well within the window we have been expecting. [Reference MarkZ 2-20-2023 below]
2-21-2023 Intel Guru MarkZ [via PDK] I am still hearing phenomenal stuff from the banking side...Iraq is still saying that their budget goes next week. My understanding is that before the budget gets introduced to parliament…the HCL will be done. So we know we are in a short window for Iraq to make a move.
2-21-2023 Intel Guru Frank26 New keyword 'currency reform'. You went through the monetary reform. You are going through the economic reform. The Iraqi citizens are going through the 'currency reform'. Notice I said you are going through the economic reform. The fact that you purchased Iraqi dinar is going to help their economy. But the citizens of Iraq will have purchasing power through a new mechanism in 2nd stage that will allow them to have a new exchange rate when the dinar starts to floats.
2-21-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-21-2023 Newshound Guru Samson Article: "The Foreign Minister reveals the details of Washington 's visit: There are no American conditions, and the currency will soon stabilize" IMMINENT STABILIZATION OF THE EXCHANGE RATE
2-21-2023 Newshound Guru Henig Article "Revival of hanging gardens in Iraq" Quote "The Central Bank of Iraq is witnessing in the design of its new building hanging gardens that bring to mind...one of the seven historical wonders of the world...the implementation of the first listed hanging gardens in Iraq, which will decorate the roof of the base of the new central bank building..." These cats are positioning themselves for a new Renaissance.
2-21-2023 Newshound Guru Paulette Baghdad is finally in the driver's seat. Let's hope the Coordinating Framework turns out to be the good guys. We are at a time that nobody truly knows who is good or bad in this world...My biggest question is will Nouri al-Maliki turn out to be good, bad or flipped? If I knew the answer, I would have a better understanding of where the RI process currently lies...
2-21-2023 Newshound Guru Pimpy You're looking at a 160 dinar difference between the two rates which is equivalent to 11 cents. That doesn't sound like much but it does add up quickly. If you had $1 million dollars and you want to go buy the Iraqi dinar on the black market at 1460 dinars...you would get 1 billion 460 million dinars...You would take it into the bank and sell it to them for 1300 dinars for every $1 and you would make a profit of 160 million dinars...$109,594...of course it's illegal to do that but there are people out there who do it for you. [Post 2 of 2]
2-21-2023 Newshound Guru Pimpy I can tell when I'm speaking to people that they're confusing what the exchange rates are. There are different types of exchange rates...One is the official rate, which is 1300 dinars for every dollar. The other one is the market rate, which is 1460 dinars for every dollar...the market rate, which is like the black market rate, is what people are willing to pay for the US dollar. They're willing to exchange 1460 dinars for every dollar. In other words they will pay you more to get their hands on the US dollar...this is causing a problem. [Post 1 of 2....stay tuned]
2-21-2023 Guru Nader From The Mid East If you talk about the private sector look at it a year ago and look at it now. It's gone 60%-70% better.
2-21-2023 Intel Guru MarkZ [via PDK] The banking side is still extremely excited about late afternoon to overnight tonight for things to move forward and money to be released…I am watching it very closely… I believe this is the closest we have ever been...
2-21-2023 Newshound Guru Pimpy We know the budget has been put forward and they're supposed to be voting on it. I made a suggestion that it appeared they might make another exchange rate change before the budget is released 100%. I said once the budget has been voted on then we're stuck with the exchange rate at least for a year unless they want to amend the budget which is a pain in the butt to do. Until that budget law has been passed keep your fingers crossed.
2-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is on News Station One saying the CBI is determined to stabilize the exchange rate and the next phase is coming. They're calling it the 2nd Stage Phase. FRANK: The 2nd Stage/Phase of the monetary reform IMO is to reveal a new exchange rate and your new small category note to you as Iraqi citizens. FIREFLY: It's all the talk in the streets. We're expecting that soon.
2-21-2023 Intel Guru MarkZ [via PDK] Today Iraq has announced that they now have digital control over the flow of their money so it is possible…Very, very possible they can make it happen in this short of time frame. It is well within the window we have been expecting. [Reference MarkZ 2-20-2023 below]
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2-20-2023 Newshound Guru Pimpy Quote: "There is a new mechanism that will contribute to the stability of the exchange rate in the market in the coming days and at the official rate." Again, stay grounded...But the fact that they're talking about mechanisms to help with the exchange rate - we don't know what that is. What exactly are these mechanisms? What are they doing to stabilize the currency? I'm curious what's going to happen here. Now I am feeling a little optimistic because everyone thinks I'm such a naysayer but that's not the case. I keep telling people they're going to go up in increments. [Post 2 of 2]
2-20-2023 Newshound Guru Pimpy Article: "We agree with Washington on the dollar and the results will appear in the markets" Some interesting choice words that were used in here. I don't want to make a big deal out of it but it is definitely something to think about. We know Washington and Iraq have come up with agreements to do something about the exchange rate. Keep in mind this is after the current exchange rate was already announced to the world. So whatever agreement they got coming up here sure sounds like another exchange rate change coming in the future. [Post 1 of 2....stay tuned]
2-20-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-20-2023 Intel Guru MarkZ [via PDK] ...boy are the bankers excited. I am getting inundated with more banking confirmations. And I am hearing the goal is to release it sometime in the next 36 hours. Stay calm because we have been here before.
2-20-2023 Newshound Guru Militia Man 2023 budget...we've been waiting for this to happen...they've been pushing it out...for months. They're going to have it on the table as early as Tuesday...potentially to the parliament by Wednesday/Thursday. We all believe you need to have an exchange rate for that to happen. Will they expose that exchange rate that's going to be to the budget by the CBI prior to giving it to the Council of Ministers or parliament? We should be looking for that...
2-20-2023 Intel Guru Frank26 Oil is not the only asset to back the IQD's monetary reform. This country is amazingly wealthy beyond compare. There ain't no country going to be able to touch Iraq once it gets going. You know that cartoon character that has his feet running but he's up off the ground and he touches the ground and boom he takes off? That is what Iraq is like. Oil is not the only asset. They have so many assets and that's why the whole world is pouring in to capitalize on these assets.
2-20-2023 Newshound Guru CharlieOK Articles are out there stating that Baghdad and Kurdistan are close to negotiating the HCL. This is good news. There will be...no publicized public budget or rv without Baghdad and Kurdistan agreeing on the HCL... Let's hope this gets behind us pronto.
2-20-2023 Newshound Guru Clare Article: "The power of speculators and currency traders is delaying the government's measures to implement the new exchange rate" Quote: "...despite the government's good decision regarding the exchange rate, which to some extent stopped its rapid and continuous rise, its implementation procedures are still slow."
2-20-2023 Newshound Guru Henig Article: "Al-Awadi: We agreed with Washington on the dollar and the results will appear in the markets" Quote: "There is a new mechanism that will contribute to the stability of the exchange rate in the markets in the coming days, and at the official rate".
2-20-2023 Intel Guru MarkZ [via PDK] In Iraq: “The government to (Baghdad Today) We agreed with Washington on the dollar and the results will appear in the markets” They feel like they now have everything under control and this means we can indeed start moving forward.
2-20-2023 Newshound Guru Pimpy Now having said that, there's a good chance it might go up maybe one more time...they have not put out their budget yet and there's a good chance we might see another small increase. Really depends on how the 1300 dinars is affecting the economy... they're still focused on the exchange rate...even after they make the change to 1300 for every dollar. I'm curious to see what happens once the budget goes out...because then we know whatever rate it is...unless they intend to make an amendment to the budget. [Post 2 of 2]
2-20-2023 Newshound Guru Pimpy How the exchange rate is going to take place is not the way other people are saying it. It's going to happen one of two ways...It's going to go up in increments...the dinar was at 1450 dinars for every 1 dollar and they kept mentioning they were going to change the exchange rate. Everybody was...saying, 'Oh, it's going to be over a $1 for every dinar.' I was like, no, it's not. It's going to be a small increase. They went to 1300 dinars for every dollar. That's how they're going to to it, in small increments. [Post 1 of 2....stay tuned]
2-20-2023 Guru Nader From The Mid East It's weird this week was not big news. Nothing coming up. It's really weird. I don't know why they stopped this...they didn't do anything special. They didn't do anything can make us happy this week...It's not normal. Why would they stop? All sudden they stop talking about what we need and what we want...
2-20-2023 Newshound Guru CANDYKISSES Article: "The government to (Baghdad today): We agreed with Washington on the dollar and the results will appear in the markets" Quotes: "The effects of these dialogue and agreements will be tangible in the near future, especially with regard to the dollar and exchange rate crisis," he added.", "There is a new mechanism that will contribute to the stability of the exchange rate in the markets in the coming days, and at the official rate," he explained."
2-20-2023 Newshound Guru Pimpy Quote: "There is a new mechanism that will contribute to the stability of the exchange rate in the market in the coming days and at the official rate." Again, stay grounded...But the fact that they're talking about mechanisms to help with the exchange rate - we don't know what that is. What exactly are these mechanisms? What are they doing to stabilize the currency? I'm curious what's going to happen here. Now I am feeling a little optimistic because everyone thinks I'm such a naysayer but that's not the case. I keep telling people they're going to go up in increments. [Post 2 of 2]
2-20-2023 Newshound Guru Pimpy Article: "We agree with Washington on the dollar and the results will appear in the markets" Some interesting choice words that were used in here. I don't want to make a big deal out of it but it is definitely something to think about. We know Washington and Iraq have come up with agreements to do something about the exchange rate. Keep in mind this is after the current exchange rate was already announced to the world. So whatever agreement they got coming up here sure sounds like another exchange rate change coming in the future. [Post 1 of 2....stay tuned]
2-20-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-20-2023 Intel Guru MarkZ [via PDK] ...boy are the bankers excited. I am getting inundated with more banking confirmations. And I am hearing the goal is to release it sometime in the next 36 hours. Stay calm because we have been here before.
2-20-2023 Newshound Guru Militia Man 2023 budget...we've been waiting for this to happen...they've been pushing it out...for months. They're going to have it on the table as early as Tuesday...potentially to the parliament by Wednesday/Thursday. We all believe you need to have an exchange rate for that to happen. Will they expose that exchange rate that's going to be to the budget by the CBI prior to giving it to the Council of Ministers or parliament? We should be looking for that...
2-20-2023 Intel Guru Frank26 Oil is not the only asset to back the IQD's monetary reform. This country is amazingly wealthy beyond compare. There ain't no country going to be able to touch Iraq once it gets going. You know that cartoon character that has his feet running but he's up off the ground and he touches the ground and boom he takes off? That is what Iraq is like. Oil is not the only asset. They have so many assets and that's why the whole world is pouring in to capitalize on these assets.
2-20-2023 Newshound Guru CharlieOK Articles are out there stating that Baghdad and Kurdistan are close to negotiating the HCL. This is good news. There will be...no publicized public budget or rv without Baghdad and Kurdistan agreeing on the HCL... Let's hope this gets behind us pronto.
2-20-2023 Newshound Guru Clare Article: "The power of speculators and currency traders is delaying the government's measures to implement the new exchange rate" Quote: "...despite the government's good decision regarding the exchange rate, which to some extent stopped its rapid and continuous rise, its implementation procedures are still slow."
2-20-2023 Newshound Guru Henig Article: "Al-Awadi: We agreed with Washington on the dollar and the results will appear in the markets" Quote: "There is a new mechanism that will contribute to the stability of the exchange rate in the markets in the coming days, and at the official rate".
2-20-2023 Intel Guru MarkZ [via PDK] In Iraq: “The government to (Baghdad Today) We agreed with Washington on the dollar and the results will appear in the markets” They feel like they now have everything under control and this means we can indeed start moving forward.
2-20-2023 Newshound Guru Pimpy Now having said that, there's a good chance it might go up maybe one more time...they have not put out their budget yet and there's a good chance we might see another small increase. Really depends on how the 1300 dinars is affecting the economy... they're still focused on the exchange rate...even after they make the change to 1300 for every dollar. I'm curious to see what happens once the budget goes out...because then we know whatever rate it is...unless they intend to make an amendment to the budget. [Post 2 of 2]
2-20-2023 Newshound Guru Pimpy How the exchange rate is going to take place is not the way other people are saying it. It's going to happen one of two ways...It's going to go up in increments...the dinar was at 1450 dinars for every 1 dollar and they kept mentioning they were going to change the exchange rate. Everybody was...saying, 'Oh, it's going to be over a $1 for every dinar.' I was like, no, it's not. It's going to be a small increase. They went to 1300 dinars for every dollar. That's how they're going to to it, in small increments. [Post 1 of 2....stay tuned]
2-20-2023 Guru Nader From The Mid East It's weird this week was not big news. Nothing coming up. It's really weird. I don't know why they stopped this...they didn't do anything special. They didn't do anything can make us happy this week...It's not normal. Why would they stop? All sudden they stop talking about what we need and what we want...
2-20-2023 Newshound Guru CANDYKISSES Article: "The government to (Baghdad today): We agreed with Washington on the dollar and the results will appear in the markets" Quotes: "The effects of these dialogue and agreements will be tangible in the near future, especially with regard to the dollar and exchange rate crisis," he added.", "There is a new mechanism that will contribute to the stability of the exchange rate in the markets in the coming days, and at the official rate," he explained."
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2-19-2023 Newshound Guru Pimpy We're still waiting on the budget because the budget will tell us a whole lot more.
2-19-2023 Intel Guru Frank26 I'm not looking for a rate. I'm not looking for a date. I'm looking for a reason for it not to happen. I can't find it. A leader doesn't just give you everything's positive, I give you the bad things as well. I'm looking for it and I can't find it.
2-19-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-19-2023 Guest Guru Deepwoodz IMO With Joe Biden and Sudani of Iran [Iraq?] working together, Iraqs monetary reform is moving pretty fast now! Dollars drying up, the dinar is Irans next currency!
2-19-2023 Newshound Guru Pimpy Iraq's foreign currency assets got above $90 billion dollars which is good for Iraq. Plus they increased their holdings in gold. Unlike Vietnam who had to use all of their foreign currency assets, while most of them, just to try to keep their currency exchange stabilized. That's what you don't want to happen to Iraq.
2-19-2023 Newshound Guru Militia Man The historic event was the meetings in Washington DC. They were all about economics...the exchange rate...reforms...Iraq moving to a private sector and all of those meetings were successful. Everybody's in agreement...all those things happened and they happened quickly.
2-19-2023 Newshound Guru Clare Article: "A new record... Iraq's hard currency reserves amount to $115 billion" Quote: "Saleh said...Iraq's reserves of foreign currency amounted to 115 billion dollars, which is the largest in its history"
2-19-2023 Newshound Guru Sandy Ingram We do know there is a high level of expectation of certain tasks being completed by the Iraqi government in a short period of time. We also know the delegation believed they could persuade the US Administration to postpone the restrictions imposed by the US Federal Reserve Bank on dollar transfers to Iraq. Yeah, that didn't happen...the article said the recommendations for the Iraqi delegations to follow what is described as media silence and not to reveal the scenes of what was discussed behind closed doors. [Post 2 of 2]
2-19-2023 Newshound Guru Sandy Ingram Article: "The most mysterious..What did the Iraqi delegation achieve in its visit to Washington?" There was more about the meeting than the mainstream US press was revealing...there as a media silence surrounding the visit. The visit lasted 6 days...this is what we do know. 1. Daily auctions are a thing 0f the past. 2...Redirecting the Iraqi energy sector away from Iran. 3...Accusations against the Iraqi banking sector that allowed the Iranian regime to evade western sanctions. 4...Money laundering... [Post 1 of 2....stay tuned]
2-19-2023 Intel Guru MarkZ [via PDK] I do know that those who are involved at redemption centers will be working on Monday. Whether or not its behind the scenes work or will it be involving us…I do not know. It could be updates and changes in procedures training…I do not know.
2-19-2023 Newshound Guru Pimpy We're still waiting on the budget because the budget will tell us a whole lot more.
2-19-2023 Intel Guru Frank26 I'm not looking for a rate. I'm not looking for a date. I'm looking for a reason for it not to happen. I can't find it. A leader doesn't just give you everything's positive, I give you the bad things as well. I'm looking for it and I can't find it.
2-19-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-19-2023 Guest Guru Deepwoodz IMO With Joe Biden and Sudani of Iran [Iraq?] working together, Iraqs monetary reform is moving pretty fast now! Dollars drying up, the dinar is Irans next currency!
2-19-2023 Newshound Guru Pimpy Iraq's foreign currency assets got above $90 billion dollars which is good for Iraq. Plus they increased their holdings in gold. Unlike Vietnam who had to use all of their foreign currency assets, while most of them, just to try to keep their currency exchange stabilized. That's what you don't want to happen to Iraq.
2-19-2023 Newshound Guru Militia Man The historic event was the meetings in Washington DC. They were all about economics...the exchange rate...reforms...Iraq moving to a private sector and all of those meetings were successful. Everybody's in agreement...all those things happened and they happened quickly.
2-19-2023 Newshound Guru Clare Article: "A new record... Iraq's hard currency reserves amount to $115 billion" Quote: "Saleh said...Iraq's reserves of foreign currency amounted to 115 billion dollars, which is the largest in its history"
2-19-2023 Newshound Guru Sandy Ingram We do know there is a high level of expectation of certain tasks being completed by the Iraqi government in a short period of time. We also know the delegation believed they could persuade the US Administration to postpone the restrictions imposed by the US Federal Reserve Bank on dollar transfers to Iraq. Yeah, that didn't happen...the article said the recommendations for the Iraqi delegations to follow what is described as media silence and not to reveal the scenes of what was discussed behind closed doors. [Post 2 of 2]
2-19-2023 Newshound Guru Sandy Ingram Article: "The most mysterious..What did the Iraqi delegation achieve in its visit to Washington?" There was more about the meeting than the mainstream US press was revealing...there as a media silence surrounding the visit. The visit lasted 6 days...this is what we do know. 1. Daily auctions are a thing 0f the past. 2...Redirecting the Iraqi energy sector away from Iran. 3...Accusations against the Iraqi banking sector that allowed the Iranian regime to evade western sanctions. 4...Money laundering... [Post 1 of 2....stay tuned]
2-19-2023 Intel Guru MarkZ [via PDK] I do know that those who are involved at redemption centers will be working on Monday. Whether or not its behind the scenes work or will it be involving us…I do not know. It could be updates and changes in procedures training…I do not know.
2-18-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-18-2023 Newshound/Intel Guru Mnt Goat Beginning of the White Paper reforms for Iraq ...The Wealth Transfer is coming… yes it is in progress. Weeks ago the IQD was taken off the sole peg to the US dollar. Surprise, surprise…!!! ...This was done while implementing the US Treasury electronic platform. The reason for the platform was not just to curb corruption but also for Iraq to get off the US dollar. Yes, finally ditch the dollar. ...Like many changes this will take time to adjust... Then Al-Alaq implemented quickly yet another step to the process including the lock-down of an official rate of the IQD.
2-18-2023 Intel Guru Frank26 The second phase is dealing with corruption but the second phase is actually to introduce the new small category notes and the new exchange rate IMO...
2-18-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-18-2023 Newshound Guru Pimpy Will there be an increase in the Iraqi dinar? I hope so. Whether it be a big one where the Iraqi dinar is actually exchanging with more value than the U.S. dollar, I don't think so. I could be wrong but I don't think so...
2-18-2023 Newshound/Intel Guru Walkingstick [via Frank26] They are pressing forward the new exchange rate...because everything waits for the new exchange rate - the banks, money exchangers, the budget, you name it, they all wait for the same thing - the new exchange rate.
2-18-2023 Intel Guru Frank26 I'm telling you they've launched the 2nd stage. Don't pay attention to the budget being launched/released coming out with the new rate. It doesn't matter. It is going to gradually float.
2-18-2023 Intel Guru MarkZ [via PDK] Positive news from Iraq is that the CBI could pull the trigger at anytime…and they do love their 3 day weekends. The government shut everything down there for a national holiday on Thursday …then off on Friday and Saturday which is their normal weekend. We have heard that the budget is moving forward and was submitted…this is positive…
2-18-2023 Newshound Guru Henig Article: "We reached a "good agreement" with Washington on the exchange rate crisis" Quote: "from now on, the import and export of dollars to and from Iraq will be through an electronic system," adding that "the establishment of the electronic system will be in the interest of Iraq and the national currency (dinar)."
2-18-2023 Newshound Guru Sandy Ingram Houston we have a problem. Counterfeit dollars and Iraqi dinars found in Northern Iraq. Article: "Counterfeit money sweeping northern Iraq" Counterfeit US dollars deepens the financial crisis in Iraq as denominations of counterfeit US dollars appeared in the Kurdistan region. Now the Minister of Finance and Economy in the Kurdistan region of Iraq called on citizens to pay attention and be aware of the spread of counterfeit local currencies and the US dollar.
2-18-2023 Newshound Guru Pimpy It looks like Iraq is going to be working with Interpol. If they catch anybody do money laundering or smuggling a currency to go ahead and turn them over because it's a really important step in fixing everything that's wrong over there in Iraq.
2-18-2023 Newshound/Intel Guru Mnt Goat I am being told by my CBI contact that the CBI has about two weeks to prove they can withstand a rate of 1000 dinars to the US dollar... they will evaluate the situation and decide a “Go” or “No Go” to 1:1. ...we could very possibly see a rate of about 1 dinar to 1 dollar (1:1) in two weeks from now but I really do not think it will happen that soon. This is their goal in Iraq anyhow... Yes, I said 1:1 “in Iraq” as I have told you all along that the rate you will see in your country outside of Iraq may be much higher...This is amazing news...
2-18-2023 Newshound/Intel Guru Mnt Goat Beginning of the White Paper reforms for Iraq ...The Wealth Transfer is coming… yes it is in progress. Weeks ago the IQD was taken off the sole peg to the US dollar. Surprise, surprise…!!! ...This was done while implementing the US Treasury electronic platform. The reason for the platform was not just to curb corruption but also for Iraq to get off the US dollar. Yes, finally ditch the dollar. ...Like many changes this will take time to adjust... Then Al-Alaq implemented quickly yet another step to the process including the lock-down of an official rate of the IQD.
2-18-2023 Intel Guru Frank26 The second phase is dealing with corruption but the second phase is actually to introduce the new small category notes and the new exchange rate IMO...
2-18-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-18-2023 Newshound Guru Pimpy Will there be an increase in the Iraqi dinar? I hope so. Whether it be a big one where the Iraqi dinar is actually exchanging with more value than the U.S. dollar, I don't think so. I could be wrong but I don't think so...
2-18-2023 Newshound/Intel Guru Walkingstick [via Frank26] They are pressing forward the new exchange rate...because everything waits for the new exchange rate - the banks, money exchangers, the budget, you name it, they all wait for the same thing - the new exchange rate.
2-18-2023 Intel Guru Frank26 I'm telling you they've launched the 2nd stage. Don't pay attention to the budget being launched/released coming out with the new rate. It doesn't matter. It is going to gradually float.
2-18-2023 Intel Guru MarkZ [via PDK] Positive news from Iraq is that the CBI could pull the trigger at anytime…and they do love their 3 day weekends. The government shut everything down there for a national holiday on Thursday …then off on Friday and Saturday which is their normal weekend. We have heard that the budget is moving forward and was submitted…this is positive…
2-18-2023 Newshound Guru Henig Article: "We reached a "good agreement" with Washington on the exchange rate crisis" Quote: "from now on, the import and export of dollars to and from Iraq will be through an electronic system," adding that "the establishment of the electronic system will be in the interest of Iraq and the national currency (dinar)."
2-18-2023 Newshound Guru Sandy Ingram Houston we have a problem. Counterfeit dollars and Iraqi dinars found in Northern Iraq. Article: "Counterfeit money sweeping northern Iraq" Counterfeit US dollars deepens the financial crisis in Iraq as denominations of counterfeit US dollars appeared in the Kurdistan region. Now the Minister of Finance and Economy in the Kurdistan region of Iraq called on citizens to pay attention and be aware of the spread of counterfeit local currencies and the US dollar.
2-18-2023 Newshound Guru Pimpy It looks like Iraq is going to be working with Interpol. If they catch anybody do money laundering or smuggling a currency to go ahead and turn them over because it's a really important step in fixing everything that's wrong over there in Iraq.
2-18-2023 Newshound/Intel Guru Mnt Goat I am being told by my CBI contact that the CBI has about two weeks to prove they can withstand a rate of 1000 dinars to the US dollar... they will evaluate the situation and decide a “Go” or “No Go” to 1:1. ...we could very possibly see a rate of about 1 dinar to 1 dollar (1:1) in two weeks from now but I really do not think it will happen that soon. This is their goal in Iraq anyhow... Yes, I said 1:1 “in Iraq” as I have told you all along that the rate you will see in your country outside of Iraq may be much higher...This is amazing news...
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2-17-2023 Intel Guru MarkZ [via PDK] Iraq has been very quiet…. Thursday was a holiday and today was a holy day. But we continue to hear how much progress they made at the big meetings over here in DC...we are watching it all play out. Things are underway...
2-17-2023 Newshound Guru Pimpy Iraq is going to have to know how much currency is out there in circulation...the last thing you want to do is increase the rate of the dinar and turn around and enrich a terrorist group...If they're going to do a huge rate change, I'm more than positive you're going to see the redenomination of the Iraqi dinar because it wouldn't make sense to turn around and enrich those very enemies that you're trying to fight against.
2-17-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-17-2023 Newshound Guru Sandy Ingram The IQD rate still does not show 1300 IQD to 1 US dollar. We are not sure if the 1300 IQD rate is in effect. However, a rate of 1310 IQD to 1 US dollar shows up on the Central Bank of Iraq's website... [Note: You can always find the latest official CBI dinar rate in the column on the left of this page.]
2-17-2023 Intel Guru MarkZ [via PDK] From our own US Dept. of State at State.gov…. “Joint statement on the US-Iraq higher coordinating committee” this is the official statement on the meetings in DC…frameworks, investments etc…We are being told from people within those meetings or close to those meetings that more than that was accomplished. Things like new rates that we can expect soon and what we can also expect as to timing…I do not know what that timing is yet but hoping it will leak…
2-17-2023 Newshound Guru Paulette ...There will be a significant amount of USD going to Iran for imports and this will continue but under the "new mechanism"...Merchants conducting Legal business can purchase USD for 1320...Who is willing to pay nearly 14% more for their imports at 1530? The Market is clearly still filled with corruption! The Sudani GOI is stating all the right things about taking action against the corrupt that are causing this significant difference in the official and market rates and perhaps this is how they are "smoking out" the corrupt. Time will Tell...it seems the clock is ticking.
2-17-2023 Intel Guru Bruce [via WiserNow] Where does that put us? So, the latest we have from this same Treasury source is saying that we...will be notified either Sunday evening or Monday morning. ...and we would set our appointments on Monday - Start our exchanges on Tuesday... that has us going early next week...we're looking good... [post 2 of 2]
2-17-2023 Intel Guru Bruce [via WiserNow] ...Tuesday...I got this information...the transition from our old form of government, which is a USA Inc. Okay, the United States of America Incorporated...a transition to the Restored Republic of America...is in place now... This means that your treasury resources that when that happened...the green light would be triggered by Treasury to the banks to allow the banks to move forward with tranches of payments to bondholders, their notifications and us to be notified for our exchanges...That was a very big move that had to take place. And it did. [post 1 of 2....stay tuned]
2-17-2023 Newshound Guru Pimpy Article: "US Report: Iraqi delegation in Washington came under 'severe' pressure from Biden administration" To me this is just smoke and mirrors...they're acting like they're being hard on Iraq but I don't believe it, not for a second.
2-17-2023 Newshound Guru Henig Article: "Government spokesman to Shafaq News: The Iraqi delegation to Washington reached "new mechanisms" on the dollar crisis" Quote: "...the American party has paid very attention to the Iraqi delegation in a very different way from all previous delegations that visited the United States of America during the past years...the two parties reached new mechanisms in cooperation and will contribute to the launch of large batches of hard currency into Iraq, and agree on the method of applying the electronic platform, and this will contribute within a very short period to the stability of the dollar exchange rate in the local market according to its official price, and this price will be stable in the coming days."
2-17-2023 Newshound Guru Militia Man We're changing from an exchange rate topic to a value-related topic. We have the foreign minister, finance minster and the central bank talking about value and value comes from not just an exchange rate per se but what's the basis of that value. That value is going to come from income streams, taxes, tariffs at the borders, natural gas, oil and ...foreign reserves which is the dollar...and they have a lot of gold...the basis of all these meetings is definitely value.
2-17-2023 Intel Guru MarkZ [via PDK] [So where are we?] If we are listening to bankers…they believe we are a day or two away…if you listen to folks on the ground in Iraq we may be a couple weeks away… Either way this tells us how close we are… IMO It has started. When Iraq changed their rate to 1300 it started the mechanism …to me this is when the switch was flipped. This is when it was turned on and now we are just waiting for the process to roll down to us… I am very excited...
2-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report continued] FRANK: Your bank friend is trying to explain to you how the rate is going to change and lead to a float. Your official rate right now is 1300. Your bank friend tells you the next rate change you should look for is 1190. I think it might be 1000. Either way all three of them are going in the correct direction and that's what's exciting. You're soon to float, to add value to your currency and that is a dream finally coming true. [Post 2 of 2]
2-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend says this new gas and oil law...is the key...They're saying on TV that Sudani has worked out a new deal and he got the Kurds in Baghdad to agree and this will make it all possible...meetings are still going on but it's the key. FRANK: I'll admit it [HCL] is an important key factor but there are many other factors that were presented to Washington D.C...about the 2nd stage of the monetary reform...that's what I am looking for... [Post 1 of 2....stay tuned]
2-17-2023 Newshound Guru Sandy Ingram Article: "Commission of Integrity issues 90 arrest warrants for official" The officials include 4 MPs in the current parliament. 5 former MPs. 4 former ministers...2 current undersecretaries. 3 former undersecretaries ...3 current governors. 14 former governors. 10 current General Directors. 27 former general directors...7 former members of government councils.
2-17-2023 Newshound Guru NORV [aka Kaperoni] Despite the Central Bank's decision to adjust the exchange rate to 1,300 dinars to the dollar from 1,470 dinars, confusion still prevails in the Iraqi markets. The exchange rates remain high despite the relative stability in the local stock exchange.
2-17-2023 Intel Guru MarkZ [via PDK] Question: Mark, are you still hearing Iraq will make a move around the 18th or 24th? Answer: Yes I am still hearing that.
2-17-2023 Intel Guru MarkZ [via PDK] Iraq has been very quiet…. Thursday was a holiday and today was a holy day. But we continue to hear how much progress they made at the big meetings over here in DC...we are watching it all play out. Things are underway...
2-17-2023 Newshound Guru Pimpy Iraq is going to have to know how much currency is out there in circulation...the last thing you want to do is increase the rate of the dinar and turn around and enrich a terrorist group...If they're going to do a huge rate change, I'm more than positive you're going to see the redenomination of the Iraqi dinar because it wouldn't make sense to turn around and enrich those very enemies that you're trying to fight against.
2-17-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-17-2023 Newshound Guru Sandy Ingram The IQD rate still does not show 1300 IQD to 1 US dollar. We are not sure if the 1300 IQD rate is in effect. However, a rate of 1310 IQD to 1 US dollar shows up on the Central Bank of Iraq's website... [Note: You can always find the latest official CBI dinar rate in the column on the left of this page.]
2-17-2023 Intel Guru MarkZ [via PDK] From our own US Dept. of State at State.gov…. “Joint statement on the US-Iraq higher coordinating committee” this is the official statement on the meetings in DC…frameworks, investments etc…We are being told from people within those meetings or close to those meetings that more than that was accomplished. Things like new rates that we can expect soon and what we can also expect as to timing…I do not know what that timing is yet but hoping it will leak…
2-17-2023 Newshound Guru Paulette ...There will be a significant amount of USD going to Iran for imports and this will continue but under the "new mechanism"...Merchants conducting Legal business can purchase USD for 1320...Who is willing to pay nearly 14% more for their imports at 1530? The Market is clearly still filled with corruption! The Sudani GOI is stating all the right things about taking action against the corrupt that are causing this significant difference in the official and market rates and perhaps this is how they are "smoking out" the corrupt. Time will Tell...it seems the clock is ticking.
2-17-2023 Intel Guru Bruce [via WiserNow] Where does that put us? So, the latest we have from this same Treasury source is saying that we...will be notified either Sunday evening or Monday morning. ...and we would set our appointments on Monday - Start our exchanges on Tuesday... that has us going early next week...we're looking good... [post 2 of 2]
2-17-2023 Intel Guru Bruce [via WiserNow] ...Tuesday...I got this information...the transition from our old form of government, which is a USA Inc. Okay, the United States of America Incorporated...a transition to the Restored Republic of America...is in place now... This means that your treasury resources that when that happened...the green light would be triggered by Treasury to the banks to allow the banks to move forward with tranches of payments to bondholders, their notifications and us to be notified for our exchanges...That was a very big move that had to take place. And it did. [post 1 of 2....stay tuned]
2-17-2023 Newshound Guru Pimpy Article: "US Report: Iraqi delegation in Washington came under 'severe' pressure from Biden administration" To me this is just smoke and mirrors...they're acting like they're being hard on Iraq but I don't believe it, not for a second.
2-17-2023 Newshound Guru Henig Article: "Government spokesman to Shafaq News: The Iraqi delegation to Washington reached "new mechanisms" on the dollar crisis" Quote: "...the American party has paid very attention to the Iraqi delegation in a very different way from all previous delegations that visited the United States of America during the past years...the two parties reached new mechanisms in cooperation and will contribute to the launch of large batches of hard currency into Iraq, and agree on the method of applying the electronic platform, and this will contribute within a very short period to the stability of the dollar exchange rate in the local market according to its official price, and this price will be stable in the coming days."
2-17-2023 Newshound Guru Militia Man We're changing from an exchange rate topic to a value-related topic. We have the foreign minister, finance minster and the central bank talking about value and value comes from not just an exchange rate per se but what's the basis of that value. That value is going to come from income streams, taxes, tariffs at the borders, natural gas, oil and ...foreign reserves which is the dollar...and they have a lot of gold...the basis of all these meetings is definitely value.
2-17-2023 Intel Guru MarkZ [via PDK] [So where are we?] If we are listening to bankers…they believe we are a day or two away…if you listen to folks on the ground in Iraq we may be a couple weeks away… Either way this tells us how close we are… IMO It has started. When Iraq changed their rate to 1300 it started the mechanism …to me this is when the switch was flipped. This is when it was turned on and now we are just waiting for the process to roll down to us… I am very excited...
2-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report continued] FRANK: Your bank friend is trying to explain to you how the rate is going to change and lead to a float. Your official rate right now is 1300. Your bank friend tells you the next rate change you should look for is 1190. I think it might be 1000. Either way all three of them are going in the correct direction and that's what's exciting. You're soon to float, to add value to your currency and that is a dream finally coming true. [Post 2 of 2]
2-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend says this new gas and oil law...is the key...They're saying on TV that Sudani has worked out a new deal and he got the Kurds in Baghdad to agree and this will make it all possible...meetings are still going on but it's the key. FRANK: I'll admit it [HCL] is an important key factor but there are many other factors that were presented to Washington D.C...about the 2nd stage of the monetary reform...that's what I am looking for... [Post 1 of 2....stay tuned]
2-17-2023 Newshound Guru Sandy Ingram Article: "Commission of Integrity issues 90 arrest warrants for official" The officials include 4 MPs in the current parliament. 5 former MPs. 4 former ministers...2 current undersecretaries. 3 former undersecretaries ...3 current governors. 14 former governors. 10 current General Directors. 27 former general directors...7 former members of government councils.
2-17-2023 Newshound Guru NORV [aka Kaperoni] Despite the Central Bank's decision to adjust the exchange rate to 1,300 dinars to the dollar from 1,470 dinars, confusion still prevails in the Iraqi markets. The exchange rates remain high despite the relative stability in the local stock exchange.
2-17-2023 Intel Guru MarkZ [via PDK] Question: Mark, are you still hearing Iraq will make a move around the 18th or 24th? Answer: Yes I am still hearing that.
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2-16-2023 Newshound Guru Pimpy Article: "Urgent the governor of the central bank reveals the secrets of the dollar's devaluation and the reason for its rise in the market" He's saying there's no reason to change the Iraqi dinar rate anymore. He goes on to say anybody who wants an increase in the dinar versus the dollar must be wanting it for nefarious reasons.
2-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...Middle East leaders want the IQD in their basket of currencies and...all these meetings they are doing with the USA, Feds and Treasury none of this would happen unless we were going to an international rate. Watch for 1190 to come into play. FRANK: This is a smart bank friend. Seriously, everything you see. Everything you read and you're not going to float? Then why the heck did you spend so much energy, so much time to explain to the citizens, educate them, that you were going to? ...Why would they go through this if they were not going to float the currency? Of course they are.
2-16-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-16-2023 Intel Guru MarkZ [via PDK] I am hearing fantastic things that came out of the meetings with Iraq , the Fed and the UST that they all agreed to. That all of the framework, times, dates are settled…and that the cleanup of corruption in Iraq is going quicker than anticipated...I am confident saying it is well underway because of the number of confirmations I have gotten on money being positioned and in place. Now we wait to get a better idea on the timing. As far as I am concerned the countdown has started. Things are now moving forward.
2-16-2023 Newshound Guru Paulette [Response to Guru Deepwoodz below] Perhaps...However, Iraq has clearly stated that imports only require a maximum of 60 million/day...the citizens are being encouraged to hold and use IQD...where did the other 600 million+ go this week? It certainly didn't result in controlling the exchange rate as it still sits at 1530. Somebody is clearly desperate enough to pay a premium for USD and is not willing to do it legally as they can purchase direct through the banks at 1320...many articles have stated that billions of dollars are siphoned out of Iraq and into other countries through the Currency Sales and that this "THEFT" has to end...Iraq has clearly stated that this excessive movement of USD is not a good thing...
2-16-2023 Newshound Guru Henig Article: "A leader in Al-Asa'ib sparks a dispute between Al-Sudani and Al-Maliki". IMO: Maliki being Maliki again. I see any disagreement with Maliki as being a good thing. Maliki likes his power, and when someone opposes him on that, it's generally needed. I like to see Sudani standing up to Maliki, it seems VERY positive. The more Sudani draws power away from Maliki, the better. Sudani ascending, Maliki descending. I like it.
2-16-2023 Newshound/Intel Guru Walkingstick [via Frank26] It's very important for the CBI and Sudani to be telling the citizens to hold onto their worthless IQDs. It's important that you take notice of this. It's a direct and powerful indicator of what's to come from the CBI to the citizens of Iraq for their currency.
2-16-2023 Intel Guru Frank26 The Iraqi dinar is now going to go in orbit internationally around the Earth and they're calling it the 'second important package'. We called it the 2nd article from the CBI to the Iraqi citizens. The monetary reform education has now graduated to this level.
2-16-2023 Guest Guru Deepwoodz There was a question posed due to the increase in the amounts of dollars “sold at auction”. So why the increase as of late? Possibly...We know the border ports are in full swing using their new electronic platforms. We know the shipping lanes have been upgraded and increasing imports just as the land locked ports are. The country is getting all the bugs worked out of their new and transparent platforms. This in turn is reducing corruption and smuggling. It’s fair to say that an increase in the amounts is not only expected, but in this stage of the game it’s a good thing. This won’t change until Iraq comes out with their new international rate and pretty new bills. Then you can say adios to the widespread use of the dollar.
2-16-2023 Newshound Guru Pimpy Iraq...had a chance to come out to Washington and the squeeze was put on them. Biden has put a crack down on Iraq because it won't stop funding Iran. This is what happens when you get a Coordinated Framework in there. These are people who are loyal to Iran not Iraq. That includes the Prime Minister forcing Biden and the United States Federal Reserve to put the squeeze on Iraq and it's affecting their dinar.
2-16-2023 Intel Guru MarkZ [via PDK] ”90 corruption arrests – counterfeit money” ...The counterfeit money was US $100 dollar bills. They are counterfeiting US dollars in order to buy more dinar. They are cleaning that up in Iraq with over 90 arrests so far. They have made massive moves cleaning up corruption in Iraq over the last 24 hours. We are told this is important...they are cleaning things up...for a reset in price.
2-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're talking about the budget. They're saying the next move is to strengthen the dinar after they now have the dollar under control. They keep talking about speeding up the budget because it's holding up the project and the projects are waiting on the budget. FRANK: Everything waits on the new exchange rate. Everything.
2-16-2023 Guru Nader From The Mid East Since last Saturday the police and man of law been running the streets in Baghdad and markets of Baghdad...you see a lot of cash in the streets. Everybody sells cash on the streets and everybody sells dinar and dollar...the government is cleaning up. They want to take all that out. They don't want nobody else besides the banks or the exchange offices to sell dinars or dollars or any kind of money. That's a good thing...if they are doing that they are doing it for a reason...that's going to take a couple weeks...maybe a month to clean up all that money in the streets.
2-16-2023 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY WEALTH: ALL ROADS ARE OPEN TO PASSING THE OIL LAW IN PARLIAMENT" This article is music to me when I read it… Yes we [have been] waiting so long to see this. Finally!!! Go RV!
2-16-2023 Intel Guru MarkZ [via PDK] ...hearing positive things from Vietnam... Keep in mind that we don’t hear as much from them…but they are prepared for an increased value on their currency. We have seen documentation from our state Dept. that Vietnam needs to increase the value of their currency…they are way undervalued...they are ready to go… [Dong Rate?] I still believe it could be around $2.25 or so…but banking contacts think that is low and it could be higher. There is always the chance that Iraq could go alone…they have approvals for that. But all my contacts in Asia and Asian banking believe that Vietnam is positioned and ready and will go at the same time... I feel very confident in these two currencies.
2-16-2023 Newshound Guru Pimpy Article: "Urgent the governor of the central bank reveals the secrets of the dollar's devaluation and the reason for its rise in the market" He's saying there's no reason to change the Iraqi dinar rate anymore. He goes on to say anybody who wants an increase in the dinar versus the dollar must be wanting it for nefarious reasons.
2-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...Middle East leaders want the IQD in their basket of currencies and...all these meetings they are doing with the USA, Feds and Treasury none of this would happen unless we were going to an international rate. Watch for 1190 to come into play. FRANK: This is a smart bank friend. Seriously, everything you see. Everything you read and you're not going to float? Then why the heck did you spend so much energy, so much time to explain to the citizens, educate them, that you were going to? ...Why would they go through this if they were not going to float the currency? Of course they are.
2-16-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-16-2023 Intel Guru MarkZ [via PDK] I am hearing fantastic things that came out of the meetings with Iraq , the Fed and the UST that they all agreed to. That all of the framework, times, dates are settled…and that the cleanup of corruption in Iraq is going quicker than anticipated...I am confident saying it is well underway because of the number of confirmations I have gotten on money being positioned and in place. Now we wait to get a better idea on the timing. As far as I am concerned the countdown has started. Things are now moving forward.
2-16-2023 Newshound Guru Paulette [Response to Guru Deepwoodz below] Perhaps...However, Iraq has clearly stated that imports only require a maximum of 60 million/day...the citizens are being encouraged to hold and use IQD...where did the other 600 million+ go this week? It certainly didn't result in controlling the exchange rate as it still sits at 1530. Somebody is clearly desperate enough to pay a premium for USD and is not willing to do it legally as they can purchase direct through the banks at 1320...many articles have stated that billions of dollars are siphoned out of Iraq and into other countries through the Currency Sales and that this "THEFT" has to end...Iraq has clearly stated that this excessive movement of USD is not a good thing...
2-16-2023 Newshound Guru Henig Article: "A leader in Al-Asa'ib sparks a dispute between Al-Sudani and Al-Maliki". IMO: Maliki being Maliki again. I see any disagreement with Maliki as being a good thing. Maliki likes his power, and when someone opposes him on that, it's generally needed. I like to see Sudani standing up to Maliki, it seems VERY positive. The more Sudani draws power away from Maliki, the better. Sudani ascending, Maliki descending. I like it.
2-16-2023 Newshound/Intel Guru Walkingstick [via Frank26] It's very important for the CBI and Sudani to be telling the citizens to hold onto their worthless IQDs. It's important that you take notice of this. It's a direct and powerful indicator of what's to come from the CBI to the citizens of Iraq for their currency.
2-16-2023 Intel Guru Frank26 The Iraqi dinar is now going to go in orbit internationally around the Earth and they're calling it the 'second important package'. We called it the 2nd article from the CBI to the Iraqi citizens. The monetary reform education has now graduated to this level.
2-16-2023 Guest Guru Deepwoodz There was a question posed due to the increase in the amounts of dollars “sold at auction”. So why the increase as of late? Possibly...We know the border ports are in full swing using their new electronic platforms. We know the shipping lanes have been upgraded and increasing imports just as the land locked ports are. The country is getting all the bugs worked out of their new and transparent platforms. This in turn is reducing corruption and smuggling. It’s fair to say that an increase in the amounts is not only expected, but in this stage of the game it’s a good thing. This won’t change until Iraq comes out with their new international rate and pretty new bills. Then you can say adios to the widespread use of the dollar.
2-16-2023 Newshound Guru Pimpy Iraq...had a chance to come out to Washington and the squeeze was put on them. Biden has put a crack down on Iraq because it won't stop funding Iran. This is what happens when you get a Coordinated Framework in there. These are people who are loyal to Iran not Iraq. That includes the Prime Minister forcing Biden and the United States Federal Reserve to put the squeeze on Iraq and it's affecting their dinar.
2-16-2023 Intel Guru MarkZ [via PDK] ”90 corruption arrests – counterfeit money” ...The counterfeit money was US $100 dollar bills. They are counterfeiting US dollars in order to buy more dinar. They are cleaning that up in Iraq with over 90 arrests so far. They have made massive moves cleaning up corruption in Iraq over the last 24 hours. We are told this is important...they are cleaning things up...for a reset in price.
2-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're talking about the budget. They're saying the next move is to strengthen the dinar after they now have the dollar under control. They keep talking about speeding up the budget because it's holding up the project and the projects are waiting on the budget. FRANK: Everything waits on the new exchange rate. Everything.
2-16-2023 Guru Nader From The Mid East Since last Saturday the police and man of law been running the streets in Baghdad and markets of Baghdad...you see a lot of cash in the streets. Everybody sells cash on the streets and everybody sells dinar and dollar...the government is cleaning up. They want to take all that out. They don't want nobody else besides the banks or the exchange offices to sell dinars or dollars or any kind of money. That's a good thing...if they are doing that they are doing it for a reason...that's going to take a couple weeks...maybe a month to clean up all that money in the streets.
2-16-2023 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENTARY WEALTH: ALL ROADS ARE OPEN TO PASSING THE OIL LAW IN PARLIAMENT" This article is music to me when I read it… Yes we [have been] waiting so long to see this. Finally!!! Go RV!
2-16-2023 Intel Guru MarkZ [via PDK] ...hearing positive things from Vietnam... Keep in mind that we don’t hear as much from them…but they are prepared for an increased value on their currency. We have seen documentation from our state Dept. that Vietnam needs to increase the value of their currency…they are way undervalued...they are ready to go… [Dong Rate?] I still believe it could be around $2.25 or so…but banking contacts think that is low and it could be higher. There is always the chance that Iraq could go alone…they have approvals for that. But all my contacts in Asia and Asian banking believe that Vietnam is positioned and ready and will go at the same time... I feel very confident in these two currencies.
2-15-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-15-2023 Newshound Guru Pimpy Article: "Central Bank: Bank outlets to sell foreign currency continue to work by selling dollars" Remember everybody was clamping down on dollars making them real scare. The more scarce they are then they rise up against the dinar in exchange. Iraq is trying to get permission from the United States to get more US dollars so they can release them in their country and drive the value down against the dinar.
2-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They say they are about to launch the 2nd phase of packages to make the dinar stable... FRANK: A program rate in instability. It's not stable. So read between the lines, they're telling the Iraqi citizens the currency exchange rate is about to become stable. Yah!
2-15-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-15-2023 Newshound Guru Breitling The Parliament did accept the proposed increase in value of the IQD to 1300 dinar per USD [From the CBI]. This is in part to offset the recent losses in value and to increase the purchasing power of the currency.
2-15-2023 Intel Guru Bruce [via WiserNow] We got...our lead bank talking about this thing going...[Wednesday] for notifications and Thursday for start of exchanges on liquidity...were are in a position to believe this is a Wednesday/ Thursday time frame which we have from two of our strong sources...our other foreign bank source is giving us this week or possibly early next week...we're looking strong for the next couple of days. And then there's a possibility that if it doesn't go then we are looking really good for the next week, which is a Monday/Tuesday thing... We know this is a process that we're watching unfold. We don't have all the answers but what we have is is very positive... Hopefully we'll see this come to an end this week.
2-15-2023 Newshound Guru Sandy Ingram Article: "Congressmen call for more US support for Kurdistan Region, tougher position toward pro-Iran elements in Iraq" This cannot be good. Or it may be the best thing that has happened in the last 10 years. Congress is actively asking questions and wanting to control the purse strings of America's aid packages to Iraq...
2-15-2023 Intel Guru MarkZ [via PDK] “Diamond Jubilee Central Bank of Iraq - 75 years” They are preparing themselves for a change in value and expanding to accommodate more companies as they are expanding…they are scrambling to get more licensed banks...to handle more currency exchanges. To go from dinar to dollar…from dollar to dinar and other countries’ currencies as well. Iraq is positioning itself to be a regional powerhouse.
2-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are telling us to be careful, to hold onto our dinars and not sell them for the dollar because the dinar may become more valuable than the dollar... FRANK: They tell you to hold onto your dinars?! It's a sanctioned program rate but in the same breath they tell you to hold on because it may be more valuable than the dollar? That's called reading between the lines!
2-15-2023 Guest Guru Suzie I'd be happy if they stopped there [1310], dropped a zero and moved the decimal point to the 1.31 mark, but the race between the tortoise and the snail continues...
2-15-2023 Newshound Guru Pimpy I Love what Guru Nader does. I dig that he gets out these news stories because these are things that we don't usually have access to and at least it gives us some kind of insight on what's being said over there in Iraq...I like having him part of the community. I think he's a big plus and an asset to everything that we're doing over here. So I'm grateful for that... [NOTE: Here at DinarGuru.com we can't agree more! Reference Guru Nader's Post 2-14-2023 below]
2-15-2023 Intel Guru MarkZ [via PDK] ...in the last couple days this rate has gained momentum and more and more people are ditching US dollars so I do not think they need another incremental drop…I think it could just go “Bam” and we get the big one. Still getting mixed reports as to whether we will get a full blown re-instated or revalued rate or if it will be 1 to 1 and float. About 80% of my bankers feel we will get a final rate out of the gate at the finish line…and 20% believe it will be that float…. I believe the countdown has started…and this thing is ready to blow...
2-15-2023 Newshound Guru Militia Man One of the things investors in the world need to come into Iraq...they need to have freedom of capital movement. They must have been assured in the Washington, Baghdad, Istanbul and the meetings that we saw with the IMF and AMF in the last 24 to 48 hours are all coming about telling us that they're going to be going international...
2-15-2023 Intel Guru Frank26 Article: "Al-Sudani directs a process of re-evaluation of all departments and support for investors". NOTICE THE THEME OF THE ARTICLES THIS WEEK... IT'S ALL ABOUT THE SECOND PACKAGE... FOR THE ECONOMIC REFORM!
2-15-2023 Newshound/Intel Guru RVAlready Article: "Fuad Hussein: We reached an agreement with American officials regarding the dollar" Quote: "I see that the currency issue will be gradually resolved..." Article: "The Governor of the Central Bank of Iraq reassures the people: We found understanding from the Americans regarding the dollar" This is great news from a respected Iraqi diplomat and the head of the CBI. I’m looking for 1000 to 1 real soon now.
2-15-2023 Newshound/Intel Guru Mnt Goat ...Everything is pointing in the right direction that this could literally happen VERY SOON...
2-15-2023 Newshound Guru Pimpy Article: "Central Bank: Bank outlets to sell foreign currency continue to work by selling dollars" Remember everybody was clamping down on dollars making them real scare. The more scarce they are then they rise up against the dinar in exchange. Iraq is trying to get permission from the United States to get more US dollars so they can release them in their country and drive the value down against the dinar.
2-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They say they are about to launch the 2nd phase of packages to make the dinar stable... FRANK: A program rate in instability. It's not stable. So read between the lines, they're telling the Iraqi citizens the currency exchange rate is about to become stable. Yah!
2-15-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-15-2023 Newshound Guru Breitling The Parliament did accept the proposed increase in value of the IQD to 1300 dinar per USD [From the CBI]. This is in part to offset the recent losses in value and to increase the purchasing power of the currency.
2-15-2023 Intel Guru Bruce [via WiserNow] We got...our lead bank talking about this thing going...[Wednesday] for notifications and Thursday for start of exchanges on liquidity...were are in a position to believe this is a Wednesday/ Thursday time frame which we have from two of our strong sources...our other foreign bank source is giving us this week or possibly early next week...we're looking strong for the next couple of days. And then there's a possibility that if it doesn't go then we are looking really good for the next week, which is a Monday/Tuesday thing... We know this is a process that we're watching unfold. We don't have all the answers but what we have is is very positive... Hopefully we'll see this come to an end this week.
2-15-2023 Newshound Guru Sandy Ingram Article: "Congressmen call for more US support for Kurdistan Region, tougher position toward pro-Iran elements in Iraq" This cannot be good. Or it may be the best thing that has happened in the last 10 years. Congress is actively asking questions and wanting to control the purse strings of America's aid packages to Iraq...
2-15-2023 Intel Guru MarkZ [via PDK] “Diamond Jubilee Central Bank of Iraq - 75 years” They are preparing themselves for a change in value and expanding to accommodate more companies as they are expanding…they are scrambling to get more licensed banks...to handle more currency exchanges. To go from dinar to dollar…from dollar to dinar and other countries’ currencies as well. Iraq is positioning itself to be a regional powerhouse.
2-15-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are telling us to be careful, to hold onto our dinars and not sell them for the dollar because the dinar may become more valuable than the dollar... FRANK: They tell you to hold onto your dinars?! It's a sanctioned program rate but in the same breath they tell you to hold on because it may be more valuable than the dollar? That's called reading between the lines!
2-15-2023 Guest Guru Suzie I'd be happy if they stopped there [1310], dropped a zero and moved the decimal point to the 1.31 mark, but the race between the tortoise and the snail continues...
2-15-2023 Newshound Guru Pimpy I Love what Guru Nader does. I dig that he gets out these news stories because these are things that we don't usually have access to and at least it gives us some kind of insight on what's being said over there in Iraq...I like having him part of the community. I think he's a big plus and an asset to everything that we're doing over here. So I'm grateful for that... [NOTE: Here at DinarGuru.com we can't agree more! Reference Guru Nader's Post 2-14-2023 below]
2-15-2023 Intel Guru MarkZ [via PDK] ...in the last couple days this rate has gained momentum and more and more people are ditching US dollars so I do not think they need another incremental drop…I think it could just go “Bam” and we get the big one. Still getting mixed reports as to whether we will get a full blown re-instated or revalued rate or if it will be 1 to 1 and float. About 80% of my bankers feel we will get a final rate out of the gate at the finish line…and 20% believe it will be that float…. I believe the countdown has started…and this thing is ready to blow...
2-15-2023 Newshound Guru Militia Man One of the things investors in the world need to come into Iraq...they need to have freedom of capital movement. They must have been assured in the Washington, Baghdad, Istanbul and the meetings that we saw with the IMF and AMF in the last 24 to 48 hours are all coming about telling us that they're going to be going international...
2-15-2023 Intel Guru Frank26 Article: "Al-Sudani directs a process of re-evaluation of all departments and support for investors". NOTICE THE THEME OF THE ARTICLES THIS WEEK... IT'S ALL ABOUT THE SECOND PACKAGE... FOR THE ECONOMIC REFORM!
2-15-2023 Newshound/Intel Guru RVAlready Article: "Fuad Hussein: We reached an agreement with American officials regarding the dollar" Quote: "I see that the currency issue will be gradually resolved..." Article: "The Governor of the Central Bank of Iraq reassures the people: We found understanding from the Americans regarding the dollar" This is great news from a respected Iraqi diplomat and the head of the CBI. I’m looking for 1000 to 1 real soon now.
2-15-2023 Newshound/Intel Guru Mnt Goat ...Everything is pointing in the right direction that this could literally happen VERY SOON...
2-14-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-14-2023 Newshound Guru Pimpy If the United States gets behind a revaluation of the Iraqi dinar to $3.22 then it's going to be recognized by the rest of the international community. But if the United States doesn't get behind it, I don't care if they change the rate or not it's going to mean nothing to us who don't live in Iraq ...
2-14-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: Today we still see the street rate lagging behind the official rate of 1300. The street rate is just over 1500 but that's normal for the street rate to lag behind for a little while. We hear the 2nd phase they're about to introduce to us is about to be launched. Let's wait and see what this will bring to us with our exchange rate and currency...we hope the rate moves with this 2nd phase. FRANK: It will...the 2nd stage equals an international float.
2-14-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-14-2023 Guru Nader From The Mid East [Guru] Pimpy makes me laugh. Sometimes I hate him. I hate him because he makes fun of me but in a good way though. :) Pimpy this is for you. Listen to me...You saw my video...it's not from me, it's the news. I put the captions on...whatever the government says, whatever the TV says, the news, whatever, I put out there. Whatever I hear or read or something good I put it out there. Don't get me wrong, something is going to change Pimpy. You'll be surprised...wait wait, we're gonna kick your ass Pimpy! :) On the rate we're gonna kick your ass. :) You'll see. Just be patient. If I say it with a smile it's because I know something. [NOTE: This is a happy and friendly post said in good nature and a smile. Friendly guru banter.]
2-14-2023 Newshound Guru Sandy Ingram What is Iraq doing to prepare for entering the global financial world? It is efforts like this that encourage our belief that the Iraqi dinar will revalue at a much higher rate...What is an FIU? (Financial Intelligence Unit) That is a bid deal, a really big deal...Iraq applying for and being accepted by this organization says they are ready to dig deep and understand financial crimes before they happen...FIU could easily help Iraq identify large sums of money leaving Iraq for Iran or any other place in the world...this means checking the financial status for Iraqi politicians will become second nature.
2-14-2023 Newshound Guru Clare Article: "Huad Hussein from Washington: The currency crisis is gradually receding, and Iraq is becoming aware of it" Quote: "... there is already a system in place between the Central Bank of Iraq and the US treasury, but it is new, and the Iraqi parties have become more familiar with the mechanism"
2-14-2023 Newshound/Intel Guru Walkingstick [via Frank26] All of these things we are seeing in the economic reform is due to the completion and success of the monetary reform from the CBI, US Treasury, IMF and World Bank. The CBI is keeping the confidence and momentum up with the citizens of Iraq concerning their monetary reform. Just telling them to "Hold onto their IQDs because it may be going up in value" is a clear indicator of what's to come IMO sooner rather than later at this 2nd stage of monetary reform...it can't get any more clearer than that. "Hold onto them!"
2-14-2023 Intel Guru Frank26 We truly, sincerely feel there will be another rate change coming in the right direction. That's what I'm looking for between now and Wednesday or whenever. Let's see... I believe 1000 might be the next range. [Firefly's] bank friend believes 1190 will be the next exchange rate they are looking at. Whatever the case is it is being done because now they are in the 2nd phase which is the 2nd article from the CBI...
2-14-2023 Intel Guru MarkZ [via PDK] ...I can tell you the repeated conversations in Iraq is that the rate will be considerably higher than the USD. Chatter in Iraq continues saying the impending event where the dinar will be at least equal to or superior to the US dollar...Sources are still looking at mid February...I am still hearing it’s the 24th…they have laid extensive groundwork…
2-14-2023 Newshound Guru Militia Man 1310 isn't enhancing the value of the dinar. It was 1166 to 1460 and then back to 1310. That's not enhancing. The inflation and all those things that come with that just doesn't match. But what does match is they they're enhancing the value based on income streams...taxes, tariffs...gold reserves...foreign reserves. All of those things are the things that enhance the value fo their currency...
2-14-2023 Newshound Guru Pimpy The overall goal is to get the Iraqi dinar to a 1 to 1 level playing field exchange rate...the dinar is going to get stronger and it's actually going to get stronger much quicker than people think...major projects happening in Iraq and every one of these has to with the new development going on in Iraq and how their economy is actually getting very strong which will lead to them having a 1 to 1 exchange with the United States dollar...the economy for Iraq is getting ready to boom. Employment is getting ready to boom. Everything is getting worked out...
2-14-2023 Intel Guru Frank26 We told you as soon as they get back from Washington DC all heck is going to break loose. They came back...What did they bring back? The 2nd Package. The 2nd phase. The second article from the CBI to the Iraqi citizens. And what is it? ...It's a new exchange rate against the American dollar. It is a gradual float of getting to at least 1 to 1. That's amazing so they can at least go float it internationally.
2-14-2023 Intel Guru MarkZ [via PDK] Question: Why would Iraq be printing new high security currency if they were not going to be worth much more? Exactly...We can back up years and see all the lower denoms that have been printed “The central bank announces the imminent introduction of large quantities of lower denominations of the currency” This article was from 2018. They paid millions and millions of dollars to DeLaRue…one of the top currency printing companies to print these new high security lower denominations currency notes… We know they are there…we know they were paid for. They sure would not print all of these to keep it at the value it is now.
2-14-2023 Newshound/Intel Guru Mnt Goat Article: "MEMBER OF PARLIAMENTARY ENERGY: A “SEMI-OFFICIAL” AGREEMENT ON THE OIL AND GAS LAW" As I stated many times already the new 2005 Iraqi constitution states that there shall be a referendum passed in parliament on instituting the conditions of the constitution to manage the oil and gas. This is called now the oil and gas law. Seems anytime we get news of a rate change, this law pops up in the news. Why? I was told way back in 2011 that this law is necessary to...reinstate the dinar as are all the provisions in the constitution must first be met, including this one. Funny how it always comes up when they are getting ready to reinstate the dinar.
2-14-2023 Newshound Guru Pimpy If the United States gets behind a revaluation of the Iraqi dinar to $3.22 then it's going to be recognized by the rest of the international community. But if the United States doesn't get behind it, I don't care if they change the rate or not it's going to mean nothing to us who don't live in Iraq ...
2-14-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: Today we still see the street rate lagging behind the official rate of 1300. The street rate is just over 1500 but that's normal for the street rate to lag behind for a little while. We hear the 2nd phase they're about to introduce to us is about to be launched. Let's wait and see what this will bring to us with our exchange rate and currency...we hope the rate moves with this 2nd phase. FRANK: It will...the 2nd stage equals an international float.
2-14-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-14-2023 Guru Nader From The Mid East [Guru] Pimpy makes me laugh. Sometimes I hate him. I hate him because he makes fun of me but in a good way though. :) Pimpy this is for you. Listen to me...You saw my video...it's not from me, it's the news. I put the captions on...whatever the government says, whatever the TV says, the news, whatever, I put out there. Whatever I hear or read or something good I put it out there. Don't get me wrong, something is going to change Pimpy. You'll be surprised...wait wait, we're gonna kick your ass Pimpy! :) On the rate we're gonna kick your ass. :) You'll see. Just be patient. If I say it with a smile it's because I know something. [NOTE: This is a happy and friendly post said in good nature and a smile. Friendly guru banter.]
2-14-2023 Newshound Guru Sandy Ingram What is Iraq doing to prepare for entering the global financial world? It is efforts like this that encourage our belief that the Iraqi dinar will revalue at a much higher rate...What is an FIU? (Financial Intelligence Unit) That is a bid deal, a really big deal...Iraq applying for and being accepted by this organization says they are ready to dig deep and understand financial crimes before they happen...FIU could easily help Iraq identify large sums of money leaving Iraq for Iran or any other place in the world...this means checking the financial status for Iraqi politicians will become second nature.
2-14-2023 Newshound Guru Clare Article: "Huad Hussein from Washington: The currency crisis is gradually receding, and Iraq is becoming aware of it" Quote: "... there is already a system in place between the Central Bank of Iraq and the US treasury, but it is new, and the Iraqi parties have become more familiar with the mechanism"
2-14-2023 Newshound/Intel Guru Walkingstick [via Frank26] All of these things we are seeing in the economic reform is due to the completion and success of the monetary reform from the CBI, US Treasury, IMF and World Bank. The CBI is keeping the confidence and momentum up with the citizens of Iraq concerning their monetary reform. Just telling them to "Hold onto their IQDs because it may be going up in value" is a clear indicator of what's to come IMO sooner rather than later at this 2nd stage of monetary reform...it can't get any more clearer than that. "Hold onto them!"
2-14-2023 Intel Guru Frank26 We truly, sincerely feel there will be another rate change coming in the right direction. That's what I'm looking for between now and Wednesday or whenever. Let's see... I believe 1000 might be the next range. [Firefly's] bank friend believes 1190 will be the next exchange rate they are looking at. Whatever the case is it is being done because now they are in the 2nd phase which is the 2nd article from the CBI...
2-14-2023 Intel Guru MarkZ [via PDK] ...I can tell you the repeated conversations in Iraq is that the rate will be considerably higher than the USD. Chatter in Iraq continues saying the impending event where the dinar will be at least equal to or superior to the US dollar...Sources are still looking at mid February...I am still hearing it’s the 24th…they have laid extensive groundwork…
2-14-2023 Newshound Guru Militia Man 1310 isn't enhancing the value of the dinar. It was 1166 to 1460 and then back to 1310. That's not enhancing. The inflation and all those things that come with that just doesn't match. But what does match is they they're enhancing the value based on income streams...taxes, tariffs...gold reserves...foreign reserves. All of those things are the things that enhance the value fo their currency...
2-14-2023 Newshound Guru Pimpy The overall goal is to get the Iraqi dinar to a 1 to 1 level playing field exchange rate...the dinar is going to get stronger and it's actually going to get stronger much quicker than people think...major projects happening in Iraq and every one of these has to with the new development going on in Iraq and how their economy is actually getting very strong which will lead to them having a 1 to 1 exchange with the United States dollar...the economy for Iraq is getting ready to boom. Employment is getting ready to boom. Everything is getting worked out...
2-14-2023 Intel Guru Frank26 We told you as soon as they get back from Washington DC all heck is going to break loose. They came back...What did they bring back? The 2nd Package. The 2nd phase. The second article from the CBI to the Iraqi citizens. And what is it? ...It's a new exchange rate against the American dollar. It is a gradual float of getting to at least 1 to 1. That's amazing so they can at least go float it internationally.
2-14-2023 Intel Guru MarkZ [via PDK] Question: Why would Iraq be printing new high security currency if they were not going to be worth much more? Exactly...We can back up years and see all the lower denoms that have been printed “The central bank announces the imminent introduction of large quantities of lower denominations of the currency” This article was from 2018. They paid millions and millions of dollars to DeLaRue…one of the top currency printing companies to print these new high security lower denominations currency notes… We know they are there…we know they were paid for. They sure would not print all of these to keep it at the value it is now.
2-14-2023 Newshound/Intel Guru Mnt Goat Article: "MEMBER OF PARLIAMENTARY ENERGY: A “SEMI-OFFICIAL” AGREEMENT ON THE OIL AND GAS LAW" As I stated many times already the new 2005 Iraqi constitution states that there shall be a referendum passed in parliament on instituting the conditions of the constitution to manage the oil and gas. This is called now the oil and gas law. Seems anytime we get news of a rate change, this law pops up in the news. Why? I was told way back in 2011 that this law is necessary to...reinstate the dinar as are all the provisions in the constitution must first be met, including this one. Funny how it always comes up when they are getting ready to reinstate the dinar.
2-13-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-13-2023 Newshound Guru Pimpy ...With the currency being stolen by corrupt politicians and terrorists there's no way they're going to revalue the currency currency to [$3.22]. Most likely when the time comes and they're really right back on track you're going to see them re-denominate the currency and it's going to go up in increments. Do I think it could get to the $3.22 rate? Of course I do...I'm not saying it's going to happen overnight. I'm saying it's possible to get to the $3.22 rate. They just have to make sure to stop doing all the bad things that keep setting them back...
2-13-2023 Newshound Guru Clare Article: "The government sets a week to complete the 2023 budget according to the new exchange rate: we will approve it in one session" Quote: "The Iraqi government revealed, on Wednesday, that the Ministry of Finance has begun to re-prepare the general budget for the year 2023 according to the new exchange rate (130) thousand dinars per 100 dollars."
2-13-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-13-2023 Intel Guru MarkZ [via PDK] But most all agree that it will come out 1 to 1 first…if there is a float…I was told by the overwhelming majority of my contacts that at the meetings last week with the UST…the rate was set. The plan has been set. We just need to know the timing. All my Iraqi sources, European sources and US sources tell me the rate was decided …it was finalized…everything was put in concrete during those DC meetings. Now we need to see it. [post 2 of 2]
2-13-2023 Intel Guru MarkZ [via PDK] ...They are still trying their level best to get the US dollars off the street and the dinar back in the hands of the people. I am still being told this is in preparation for a meaningful change in rate. There is still a lot of speculation as to whether it will come out 1 to 1 and float…or whether it will come out at a higher rate…the majority of my contacts think we will be get a contract rate and then be done…nice and simple. [post 1 of 2....stay tuned]
2-13-2023 Guru Nader From The Mid East I still believe the budget have nothing to do do with the rate. The economy have to do with the rate. The private sector has to do with the rate. But the budget have nothing to do with the rate. The budget is for the country. It's not for outside the country.
2-13-2023 Newshound Guru Sandy Ingram The Iraqi cabinet set the official exchange rate at 1300 Iraqi dinars per 1 US dollar. The change is based on the Central Bank of Iraq's suggestion/recommendation. The previous rate was at 1460 Iraqi dinar to 1 dollar...the Iraqi dinar has lost more than 10% of its value in recent months because of pressure from the United States to stop the flow of dollars to countries under U.S. sanctions - Iran and Syria. This is not the end of the road. Far from it. But the beginning. For years the official rate was 1182 dinars...Iraq's central bank devalued the dinar in December of 2020 to 1460 dinars per dollar...[We are] viewing this 1300 rate change as a return to the pre-covid exchange rate plus or minus inflation...
2-13-2023 Newshound/Intel Guru Walkingstick [via Frank26] IMO these meetings that they had with the private banks with the CBI bank itself, they turned over the exchange rate...they were all agreed upon...at the onset at least 1 to 1. That's extremely important in order for the float to work properly...
2-13-2023 Intel Guru MarkZ [via PDK] in Iraq: “A significant decline in currency auction sales to the Central bank of Iraq” Why is this one important? …It appears that the rate change is starting to work. What they are wanting to do is keep dinar in the hands of the citizens instead of US dollars. Then when there is a reinstatement the people will benefit from it. ...over the weekend we did see some interesting things. There is a big difference between the official CBI rate and forex rate to the market rates in the region. Anywhere from 500 + dinars to $1 to the official 1300. The dollar purchases are down 62% as of today. I was looking for a more substantial rate change…lower than the 1300 before we see the big rate change…but maybe this will be enough for them before they do the big change.
2-13-2023 Newshound Guru Militia Man Iraq was on the "Black list", then it was moved to a "grey list" and then just yesterday/day before they were moved from that "grey list" by the European Union to the "white area"...at the same time there was things going on in Washington DC.
2-13-2023 Newshound Guru Pimpy The issue with the currency is this - there is not enough United States dollars in Iraq...Since it [dollar smuggling] was so out of control the United States decided to limit the amount of dollars...putting the squeeze on the US dollar which is in high demand in Iraq...legally you're only supposed to get 1450 [Now 1310] dinars for every US dollar. On the black market...people were swapping the US dollar for around 1700 dinars because the dollars were so scarce and people in other counties [trade goods] wanted the dollar...this was causing the huge gap between the official rate and the market rate so cash smuggling or laundering becomes really profitable...so they're trying to put a crackdown on that. [Post 2 of 2]
2-13-2023 Newshound Guru Pimpy Let's get clarity about what's really going on over there in Iraq in regards to the decline of the Iraqi dinar... Everybody knows the coordinating framework, Maliki and all his friends...do the bidding of Iran...the currency auctions were being used as a way to funnel money into Iran when Iran is under sanctions. This is a big No-No...so they sanctioned a lot of these people but...they were still able to smuggle money...It's very very profitable for somebody like Maliki, who owns a bank and is a high ranking, very powerful influential politician within Iraq. Unfortunately when your politicians do these types of things and the United States can't find a way to stop what's going on they'll take it out on the citizens of their country... [Post 1 of 2....stay tuned]
2-13-2023 Intel Guru MarkZ [via PDK] I think a lot of folks are going to have money in their pockets this week. I’m looking for a lot of activity this week...Starting around mid week…according to what I heard this weekend.
2-13-2023 Newshound Guru Henig Comment: "There sure isn't many articles about the budget lately?" There've been a few, but mostly rehashing over old material and couched in different information...IMO we won't have a lot of new info until the Council of Ministers releases it to Parliament. Remember they said they were 95% done with it multiple times. No idea why they're waiting, but here we sit.
2-13-2023 Newshound Guru Clare Article: "Governor of the Iraqi Central Bank: Launching a second package of facilities to support the exchange rate" Quote: "The delegation of the US Federal Reserve Bank and the US Treasury discussed a number of support mechanisms for the Central Bank of Iraq. In order to enhance his ability to deal flexibly with crises during this stage"
2-13-2023 Newshound Guru Pimpy ...With the currency being stolen by corrupt politicians and terrorists there's no way they're going to revalue the currency currency to [$3.22]. Most likely when the time comes and they're really right back on track you're going to see them re-denominate the currency and it's going to go up in increments. Do I think it could get to the $3.22 rate? Of course I do...I'm not saying it's going to happen overnight. I'm saying it's possible to get to the $3.22 rate. They just have to make sure to stop doing all the bad things that keep setting them back...
2-13-2023 Newshound Guru Clare Article: "The government sets a week to complete the 2023 budget according to the new exchange rate: we will approve it in one session" Quote: "The Iraqi government revealed, on Wednesday, that the Ministry of Finance has begun to re-prepare the general budget for the year 2023 according to the new exchange rate (130) thousand dinars per 100 dollars."
2-13-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-13-2023 Intel Guru MarkZ [via PDK] But most all agree that it will come out 1 to 1 first…if there is a float…I was told by the overwhelming majority of my contacts that at the meetings last week with the UST…the rate was set. The plan has been set. We just need to know the timing. All my Iraqi sources, European sources and US sources tell me the rate was decided …it was finalized…everything was put in concrete during those DC meetings. Now we need to see it. [post 2 of 2]
2-13-2023 Intel Guru MarkZ [via PDK] ...They are still trying their level best to get the US dollars off the street and the dinar back in the hands of the people. I am still being told this is in preparation for a meaningful change in rate. There is still a lot of speculation as to whether it will come out 1 to 1 and float…or whether it will come out at a higher rate…the majority of my contacts think we will be get a contract rate and then be done…nice and simple. [post 1 of 2....stay tuned]
2-13-2023 Guru Nader From The Mid East I still believe the budget have nothing to do do with the rate. The economy have to do with the rate. The private sector has to do with the rate. But the budget have nothing to do with the rate. The budget is for the country. It's not for outside the country.
2-13-2023 Newshound Guru Sandy Ingram The Iraqi cabinet set the official exchange rate at 1300 Iraqi dinars per 1 US dollar. The change is based on the Central Bank of Iraq's suggestion/recommendation. The previous rate was at 1460 Iraqi dinar to 1 dollar...the Iraqi dinar has lost more than 10% of its value in recent months because of pressure from the United States to stop the flow of dollars to countries under U.S. sanctions - Iran and Syria. This is not the end of the road. Far from it. But the beginning. For years the official rate was 1182 dinars...Iraq's central bank devalued the dinar in December of 2020 to 1460 dinars per dollar...[We are] viewing this 1300 rate change as a return to the pre-covid exchange rate plus or minus inflation...
2-13-2023 Newshound/Intel Guru Walkingstick [via Frank26] IMO these meetings that they had with the private banks with the CBI bank itself, they turned over the exchange rate...they were all agreed upon...at the onset at least 1 to 1. That's extremely important in order for the float to work properly...
2-13-2023 Intel Guru MarkZ [via PDK] in Iraq: “A significant decline in currency auction sales to the Central bank of Iraq” Why is this one important? …It appears that the rate change is starting to work. What they are wanting to do is keep dinar in the hands of the citizens instead of US dollars. Then when there is a reinstatement the people will benefit from it. ...over the weekend we did see some interesting things. There is a big difference between the official CBI rate and forex rate to the market rates in the region. Anywhere from 500 + dinars to $1 to the official 1300. The dollar purchases are down 62% as of today. I was looking for a more substantial rate change…lower than the 1300 before we see the big rate change…but maybe this will be enough for them before they do the big change.
2-13-2023 Newshound Guru Militia Man Iraq was on the "Black list", then it was moved to a "grey list" and then just yesterday/day before they were moved from that "grey list" by the European Union to the "white area"...at the same time there was things going on in Washington DC.
2-13-2023 Newshound Guru Pimpy The issue with the currency is this - there is not enough United States dollars in Iraq...Since it [dollar smuggling] was so out of control the United States decided to limit the amount of dollars...putting the squeeze on the US dollar which is in high demand in Iraq...legally you're only supposed to get 1450 [Now 1310] dinars for every US dollar. On the black market...people were swapping the US dollar for around 1700 dinars because the dollars were so scarce and people in other counties [trade goods] wanted the dollar...this was causing the huge gap between the official rate and the market rate so cash smuggling or laundering becomes really profitable...so they're trying to put a crackdown on that. [Post 2 of 2]
2-13-2023 Newshound Guru Pimpy Let's get clarity about what's really going on over there in Iraq in regards to the decline of the Iraqi dinar... Everybody knows the coordinating framework, Maliki and all his friends...do the bidding of Iran...the currency auctions were being used as a way to funnel money into Iran when Iran is under sanctions. This is a big No-No...so they sanctioned a lot of these people but...they were still able to smuggle money...It's very very profitable for somebody like Maliki, who owns a bank and is a high ranking, very powerful influential politician within Iraq. Unfortunately when your politicians do these types of things and the United States can't find a way to stop what's going on they'll take it out on the citizens of their country... [Post 1 of 2....stay tuned]
2-13-2023 Intel Guru MarkZ [via PDK] I think a lot of folks are going to have money in their pockets this week. I’m looking for a lot of activity this week...Starting around mid week…according to what I heard this weekend.
2-13-2023 Newshound Guru Henig Comment: "There sure isn't many articles about the budget lately?" There've been a few, but mostly rehashing over old material and couched in different information...IMO we won't have a lot of new info until the Council of Ministers releases it to Parliament. Remember they said they were 95% done with it multiple times. No idea why they're waiting, but here we sit.
2-13-2023 Newshound Guru Clare Article: "Governor of the Iraqi Central Bank: Launching a second package of facilities to support the exchange rate" Quote: "The delegation of the US Federal Reserve Bank and the US Treasury discussed a number of support mechanisms for the Central Bank of Iraq. In order to enhance his ability to deal flexibly with crises during this stage"
2-12-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-12-2023 Newshound Guru Pimpy Community comment "They said there would be a second increase in the middle of this month...after that it will float." It's not that they're getting another increase by the middle of the month. That doesn't make any sense. What they're talking about is they're getting a second package. The Central Bank is...What those packages are are policies and procedures to be implemented to make sure that the banks are tied into the new Swift 2.0 system. That's all it is.
2-12-2023 Newshound Guru Walkingstick [via Frank26] These [CBI] meetings have determined when the new small category notes and the new exchange rate will come out together IMO, possibly, more than likely.
2-12-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-12-2023 Intel Guru Frank26 It's not going to be pomp and circumstances. It's not going to be on a China balloon. It's not going to be on the Goodyear blimp telling everybody, 'Hey the Iraqi dinar went up in value.' No, it's just going to be another day. It will be like nothing happened. It will just move with their trading with their new exchange rate. The celebration will be inside of Iraq. People will be going crazy. Outside it's such a small percentage of people that have Iraqi dinars.
2-12-2023 Guru Nader From The Mid East I hear a lot of people in the United States acting like they're happy the dollar is going down. You don't know when the dollar goes down how things are going to be expensive for you. It's going to be hard to live, to pay for things. Don't wish that. Don't wish the dollar go down internationally. It's bad for you. It's not a good thing for you. You should do something to stop the inflation, the printing of the dollar.
2-12-2023 Newshound Guru Sandy Ingram Article: "Republicans Put Iraq Aid on Chopping Block Over Country's Support for Iranian Terrorism" This is serious...troubling news...Republican leaders say they are done authorizing these growing aid packages following a decision last month by an Iraqi court to issue an arrest warrant for former President Donald Trump..That decision plus Iraq's growing alliance with Iran is fueling Republican opposition to the aid... Quote: "Congressional aid...it's harder to think of something stupider than continuing to fund Iraq while their government is supporting terrorist and indicting our former president..."
2-12-2023 Newshound Guru Pimpy The Republicans are putting the squeeze on Iraq for their relationship with Iran. We're talking about the current government that's in Iraq. I thought Al-Sudini was doing a great job. It looks like things are going good but my concern was he is buddy buddies with Maliki and Maliki is a puppet of Iran and that is starting to come out.
2-12-2023 Newshound Guru Walkingstick [via Frank26] Phase II of the CBI's monetary reform will reach the surface of the REER because that is the goal. Because that is the end.
2-12-2023 Newshound Guru Militia Man [Yesterday] We learned the governor of the central bank and others were actually there [Washington DC and New York] which we didn't really know...the full delegation showed up to the United States of America in respect to monetary reforms. That's ongoing as we speak...we do know there's other things happening in the background when it comes to banking.
2-12-2023 Newshound Guru Clare Article: "It continued for many hours.. The Iraqi Central Bank reveals the details of its meeting with the Federal Reserve and the US Treasury". Quote: "The Governor of the Central Bank of Iraq, Ali Mohsen Ismail, confirmed the bank's intention to launch the second package of facilities that would enhance the stability of the exchange rate."
2-12-2023 Intel Guru MarkZ [via PDK] In Iraq: “The Governor of the CBI met with Daniel Zemeko from JP Morgan on the sidelines during his visit to Washington“ JP Morgan is helping settle all their electronic processing for their banking sector…. There is no way these heavy hitting corporations are going into a country without a real exchange rate…there are billions of dollars of infrastructure and deals being made. They do not fit with a third world country currency.
2-12-2023 Newshound Guru Pimpy Community comment "They said there would be a second increase in the middle of this month...after that it will float." It's not that they're getting another increase by the middle of the month. That doesn't make any sense. What they're talking about is they're getting a second package. The Central Bank is...What those packages are are policies and procedures to be implemented to make sure that the banks are tied into the new Swift 2.0 system. That's all it is.
2-12-2023 Newshound Guru Walkingstick [via Frank26] These [CBI] meetings have determined when the new small category notes and the new exchange rate will come out together IMO, possibly, more than likely.
2-12-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-12-2023 Intel Guru Frank26 It's not going to be pomp and circumstances. It's not going to be on a China balloon. It's not going to be on the Goodyear blimp telling everybody, 'Hey the Iraqi dinar went up in value.' No, it's just going to be another day. It will be like nothing happened. It will just move with their trading with their new exchange rate. The celebration will be inside of Iraq. People will be going crazy. Outside it's such a small percentage of people that have Iraqi dinars.
2-12-2023 Guru Nader From The Mid East I hear a lot of people in the United States acting like they're happy the dollar is going down. You don't know when the dollar goes down how things are going to be expensive for you. It's going to be hard to live, to pay for things. Don't wish that. Don't wish the dollar go down internationally. It's bad for you. It's not a good thing for you. You should do something to stop the inflation, the printing of the dollar.
2-12-2023 Newshound Guru Sandy Ingram Article: "Republicans Put Iraq Aid on Chopping Block Over Country's Support for Iranian Terrorism" This is serious...troubling news...Republican leaders say they are done authorizing these growing aid packages following a decision last month by an Iraqi court to issue an arrest warrant for former President Donald Trump..That decision plus Iraq's growing alliance with Iran is fueling Republican opposition to the aid... Quote: "Congressional aid...it's harder to think of something stupider than continuing to fund Iraq while their government is supporting terrorist and indicting our former president..."
2-12-2023 Newshound Guru Pimpy The Republicans are putting the squeeze on Iraq for their relationship with Iran. We're talking about the current government that's in Iraq. I thought Al-Sudini was doing a great job. It looks like things are going good but my concern was he is buddy buddies with Maliki and Maliki is a puppet of Iran and that is starting to come out.
2-12-2023 Newshound Guru Walkingstick [via Frank26] Phase II of the CBI's monetary reform will reach the surface of the REER because that is the goal. Because that is the end.
2-12-2023 Newshound Guru Militia Man [Yesterday] We learned the governor of the central bank and others were actually there [Washington DC and New York] which we didn't really know...the full delegation showed up to the United States of America in respect to monetary reforms. That's ongoing as we speak...we do know there's other things happening in the background when it comes to banking.
2-12-2023 Newshound Guru Clare Article: "It continued for many hours.. The Iraqi Central Bank reveals the details of its meeting with the Federal Reserve and the US Treasury". Quote: "The Governor of the Central Bank of Iraq, Ali Mohsen Ismail, confirmed the bank's intention to launch the second package of facilities that would enhance the stability of the exchange rate."
2-12-2023 Intel Guru MarkZ [via PDK] In Iraq: “The Governor of the CBI met with Daniel Zemeko from JP Morgan on the sidelines during his visit to Washington“ JP Morgan is helping settle all their electronic processing for their banking sector…. There is no way these heavy hitting corporations are going into a country without a real exchange rate…there are billions of dollars of infrastructure and deals being made. They do not fit with a third world country currency.
2-11-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-11-2023 Dinar Guru Community Update We learned the sad news that Guru Fleming pased away this week. He's been a part of the dinar community a very long time and will be missed. Thoughts and prayers go out to his family and friends. The latest guru posts continue below.
2-11-2023 Newshound Guru Pimpy Everybody's like, 'Hey, Pimpy what do you think the rate's going to be...?' I was thinking they would go back to the original rate which was 1190 dinars for every dollar. I knew they were gonna go for increments. It makes sense. You don't want to do anything to damage your economy...How you protect your economy is to do these in small increments like I was talking about before in the past. That was my prediction that it would be around 1,000 or 1190 dinars for every dollar. I was slightly off but not by much.
2-11-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-11-2023 Newshound Guru Paulette What we all need to find is the best rate. For example, let's say bank A rate is 1.00 USD to 1 IQD and across the street, Bank B rate is 1.01 USD to 1 IQD. This wouldn't seem like much of a difference right? The reality is that it is $10,000 difference if exchanging 1 Million IQD. What about if Bank C is at 1.015 ($15,000 difference) or, Bank D is 1.02($20.000 difference) or even Bank E at 1.02550(25,500 difference)? To me, these are significant amounts...Shop Rate! [Post 2 of 2]
2-11-2023 Newshound Guru Paulette After listening to the last couple bank stories...it appears to me that some banks may actually charge a fee to purchase foreign currency in addition to any "spread"...Based on my personal experience as long as you are purchasing/selling a certain volume most banks do not charge a "FEE". At least those I deal with...Therefore, I don't think any of us will be charged a "Fee" at most banks as hopefully our volume will far exceed their requirements even if exchanging a relative minimal amount. [Post 1 of 2....stay tuned]
2-11-2023 Newshound Guru Henig Article: "Washington meetings. Meeting between the Governor of the Central Bank and the Director of the IMF" Quote: "the International Monetary Fund continues to provide technical support to the Central Bank of Iraq in various fields."
2-11-2023 Newshound/Intel Guru Walkingstick [via Frank26] The Iraqi Stock Exchange and the Erbil Stock Exchange as of the 28th of January are all linked and in position ready for the float. It's just not live yet. The Iraqi Stock Exchange and the Erbil Stock Exchange will be going live internationally the moment the new exchange rate is released. All the platforms are now linked.
2-11-2023 Intel Guru Frank26 It's going in the right direction. 1300 to 1? <psh> It ain't got nothing on 100 to 1. <psh> Got nothing on 1 to 1. And that is the goal because they need to reach the REER in an International float.
2-11-2023 Newshound Guru Clare Article: "The Governor of the Central Bank of Iraq meets with the Vice Chairman of the Board of Directors of JPMorgan Bank" Quote: "During the meeting, it was agreed that JP Morgan would facilitate payments from the Iraqi banking system to the People's Republic of China to finance private sector imports directly...CBI is committed to applying international standards in anti-money laundering and countering the financing of terrorism (AML/CFT) measures, Al-Allaq said"
2-11-2023 Intel Guru MarkZ [via PDK] Still getting many, many rumors and confirmations of fluctuating bank screens. Banking contacts are on call this weekend but I don’t think they will be called in but I guess its still a possibility. Its still a “any moment “ thing imo….but, most of them are looking at early this week.
2-11-2023 Newshound Guru Pimpy There's a couple things people got to understand. You have the official exchange rate ...and the market exchange rate...We know recently the Iraqi dinar exchange rate changed to 1300...Right now the market is showing...1459 dinars for every dollar...Obviously you don't want that gap to get too big because then you start encouraging people to buy on the black market. If I take $100 to the bank and they officially do the exchange of 1300 dinars for every dollar verse me going to the...black market and I got somebody who's willing to give me 1700 dinars for every dollar obviously I'm gonna go where I could get the most money...[Note: You can always see the CBI official dinar rate in the left column of this page]
2-11-2023 Newshound Guru Militia Man It really looks like things we're seeing are unfolding quickly and intense...fast and furious. Meetings in Istanbul...those were successful. Done. Then they were going to come into New York and to Washington DC...from about the 7th up until the 10th they all showed up...that's really powerful that the delegation wasn't only the second string it was the first string. Everybody was there. They were talking about exchange rate issues.
2-11-2023 Newshound/Intel Guru Mnt Goat ...we don’t yet have the RV we want but remember the 2023 budget is not yet passed or opened and so there is still a very good chance that the CBI may still make this move to reinstate the dinar. It is still very possible and very likely.
2-11-2023 Dinar Guru Community Update We learned the sad news that Guru Fleming pased away this week. He's been a part of the dinar community a very long time and will be missed. Thoughts and prayers go out to his family and friends. The latest guru posts continue below.
2-11-2023 Newshound Guru Pimpy Everybody's like, 'Hey, Pimpy what do you think the rate's going to be...?' I was thinking they would go back to the original rate which was 1190 dinars for every dollar. I knew they were gonna go for increments. It makes sense. You don't want to do anything to damage your economy...How you protect your economy is to do these in small increments like I was talking about before in the past. That was my prediction that it would be around 1,000 or 1190 dinars for every dollar. I was slightly off but not by much.
2-11-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-11-2023 Newshound Guru Paulette What we all need to find is the best rate. For example, let's say bank A rate is 1.00 USD to 1 IQD and across the street, Bank B rate is 1.01 USD to 1 IQD. This wouldn't seem like much of a difference right? The reality is that it is $10,000 difference if exchanging 1 Million IQD. What about if Bank C is at 1.015 ($15,000 difference) or, Bank D is 1.02($20.000 difference) or even Bank E at 1.02550(25,500 difference)? To me, these are significant amounts...Shop Rate! [Post 2 of 2]
2-11-2023 Newshound Guru Paulette After listening to the last couple bank stories...it appears to me that some banks may actually charge a fee to purchase foreign currency in addition to any "spread"...Based on my personal experience as long as you are purchasing/selling a certain volume most banks do not charge a "FEE". At least those I deal with...Therefore, I don't think any of us will be charged a "Fee" at most banks as hopefully our volume will far exceed their requirements even if exchanging a relative minimal amount. [Post 1 of 2....stay tuned]
2-11-2023 Newshound Guru Henig Article: "Washington meetings. Meeting between the Governor of the Central Bank and the Director of the IMF" Quote: "the International Monetary Fund continues to provide technical support to the Central Bank of Iraq in various fields."
2-11-2023 Newshound/Intel Guru Walkingstick [via Frank26] The Iraqi Stock Exchange and the Erbil Stock Exchange as of the 28th of January are all linked and in position ready for the float. It's just not live yet. The Iraqi Stock Exchange and the Erbil Stock Exchange will be going live internationally the moment the new exchange rate is released. All the platforms are now linked.
2-11-2023 Intel Guru Frank26 It's going in the right direction. 1300 to 1? <psh> It ain't got nothing on 100 to 1. <psh> Got nothing on 1 to 1. And that is the goal because they need to reach the REER in an International float.
2-11-2023 Newshound Guru Clare Article: "The Governor of the Central Bank of Iraq meets with the Vice Chairman of the Board of Directors of JPMorgan Bank" Quote: "During the meeting, it was agreed that JP Morgan would facilitate payments from the Iraqi banking system to the People's Republic of China to finance private sector imports directly...CBI is committed to applying international standards in anti-money laundering and countering the financing of terrorism (AML/CFT) measures, Al-Allaq said"
2-11-2023 Intel Guru MarkZ [via PDK] Still getting many, many rumors and confirmations of fluctuating bank screens. Banking contacts are on call this weekend but I don’t think they will be called in but I guess its still a possibility. Its still a “any moment “ thing imo….but, most of them are looking at early this week.
2-11-2023 Newshound Guru Pimpy There's a couple things people got to understand. You have the official exchange rate ...and the market exchange rate...We know recently the Iraqi dinar exchange rate changed to 1300...Right now the market is showing...1459 dinars for every dollar...Obviously you don't want that gap to get too big because then you start encouraging people to buy on the black market. If I take $100 to the bank and they officially do the exchange of 1300 dinars for every dollar verse me going to the...black market and I got somebody who's willing to give me 1700 dinars for every dollar obviously I'm gonna go where I could get the most money...[Note: You can always see the CBI official dinar rate in the left column of this page]
2-11-2023 Newshound Guru Militia Man It really looks like things we're seeing are unfolding quickly and intense...fast and furious. Meetings in Istanbul...those were successful. Done. Then they were going to come into New York and to Washington DC...from about the 7th up until the 10th they all showed up...that's really powerful that the delegation wasn't only the second string it was the first string. Everybody was there. They were talking about exchange rate issues.
2-11-2023 Newshound/Intel Guru Mnt Goat ...we don’t yet have the RV we want but remember the 2023 budget is not yet passed or opened and so there is still a very good chance that the CBI may still make this move to reinstate the dinar. It is still very possible and very likely.
2-10-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-10-2023 Intel Guru Frank26 [Bank Story] Name Protected: I just called the currency exchange in Tampa Florida...I said do you verify currency in house or do you have to send it out. She said no, we verify everything in house...I said supposed I have 100,000 dinars and I want to exchange them? She said that would be $3. I said would you give me a check or would you send it to my bank? She said no we'll give you $100,000 cash minus $3 to transfer it...then I asked her what if I brought in 1,000,000. She said well we would change you $5. I didn't ask her any more after that because I know they're not going to give me a million dollars in cash.
2-10-2023 Intel Guru MarkZ [via PDK] This doesn’t mean we can go out and exchange them…the markets are showing extreme volatility and they are trying to predict what that next step is. We are hearing a lot of fantastic chatter in Iraq that they are expecting another move…and also hearing from more and more sources to expect a substantial move…and the big one we have been waiting for. I am getting this from many sources.
[post 2 of 2]
2-10-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-10-2023 Intel Guru MarkZ [via PDK] Article: “With more than 150 thousand dinars, Dollar exchange rates rise in Iraq” They did not drop it far enough guys. Currency sites around the globe started showing some interesting things throughout the day today. XE is still showing the official rate…Forex is still showing the official rate…but what we started seeing in the rest of them was very interesting. $1 US dollar equals 737 dinar. Which would be a very substantial change. And that is just one of many sites…most are showing from 1 USD = 680 dinar up to 1070…. [post 1 of 2....stay tuned]
2-10-2023 Newshound Guru Militia Man They put out rules three weeks ago...they need to go to a dinar for public and commercial use...to replace the dollar, you're going have to pick up the dinar and that's where they're forcing it to. Everybody on the street needs to now buy cars, groceries, commercial products, everything in dinars. That's where the rub coming in. It's a supply and demand issue...they have a liquidity issue.
2-10-2023 Intel Guru Bruce [via WiserNow] Guys, we're very close...it appears that we're gonna see some things happen pretty soon - and I hope it's before...the 15th...if this intel holds up...that’s how close we are right now ... Let's see what happens.
2-10-2023 Guru Nader From The Mid East It's not easy for the government and for the CBI to come out and say, 'Okay, let's go back where we were before.' In one hour, one day, one year. It's not easy guys. It's a lot of things, a lot of process they have to go through. It's a lot of work. These guys work day and night 24 hours. This guys try to fight strong people like United States, Russia, Germany, France, Switzerland, Italy. You say these guys pouring in, pouring in, it's only for their interests. It's not for the interest of Iraq. Nobody's for the interest of Iraq. You know better than that. Just be patient...
2-10-2023 Newshound Guru Pimpy Looks like Iraq is rounding up some of those criminals that have been stealing some money but there's a bigger problem going on with Iraq. Sure they re-valued their currency and increased the exchange rate but that's a temporary fix. There are guidelines the United States put on Iraq and if they don't follow it it's going to get worse.
2-10-2023 Intel Guru MarkZ [via PDK] Question: IYO when do you see the next adjustment of the IQD happen? MarkZ: I would guess sometime within the next week? We are still seeing fluctuations in their markets…floating in the local markets…I believe they will have to make another adjustment soon.
2-10-2023 Newshound/Intel Guru Walkingstick [via Frank26] The exchange rate is now going in the correct direction...due to an internal float of the Iraqi dinar that is occurring inside of Iraq right now preparing itself to reach 1 to 1. We see the evidence of the next step. This is called phase two of the CBI's monetary reform...
2-10-2023 Newshound Guru Pimpy Article: "Blinken: We are working to strengthen Iraq's economy and reintegrate it into the region" As investors in the Iraqi dinar you want to hear this kind of news. The more they can strengthen the economy and make it more secure and the less they rely on oil sales the better it is for the Iraqi dinar. It becomes a stronger currency and you can have a much better exchange rate.
2-10-2023 Newshound Guru Clare Secretary Antony Blinken Tweet "I co-chaired with Iraqi Deputy Prime Minister @Fuad_Hussein1 the first ever economic-focused Higher Coordinating Committee of the U.S.-Iraq Strategic Framework Agreement. We will continue to work with the @IraqiGovt to strengthen Iraq’s economy and energy independence."
2-10-2023 Intel Guru Frank26 Article: "Iraqi Foreign Ministry: The delegation's visit to Washington will discuss two basic economic files" Quote: "The Iraqi delegation, headed by Hussein, arrives in Washington, with the dollar at the forefront of its talks" NOTICE ANOTHER DC TRIP ON THE SAME SUBJECT... THE EXCHANGE RATE.
2-10-2023 Intel Guru MarkZ [via PDK] What I am hearing from the banking side is that rates are starting to stabilize on their screens into what the rates should be. I will try to get them to share those rates unless they say “Heck no Mark”. I was told the constant changes they had been seeing on the screens is the new system...balancing things out to where they should be in correlation to other currencies.
2-10-2023 Newshound/Intel Guru Mnt Goat Article: "IRAQ MOVES INTERNATIONALLY FROM THE “GRAY” TO THE “WHITE” AREA" Quote: "Iraq has come a long way in combating the financing of terrorism and money laundering." ...Iraq was removed from the “most dangerous countries” area and moved from the gray area to white...this is fantastic news... So, now that they just told us the level of corruption is acceptable...and that they are in compliance with all international standards in this regard, when will they reinstate the dinar? ...I am telling you get ready…it is not long before IQD is back on FOREX and trading…then we go to the bank.
2-10-2023 Intel Guru Frank26 [Bank Story] Name Protected: I just called the currency exchange in Tampa Florida...I said do you verify currency in house or do you have to send it out. She said no, we verify everything in house...I said supposed I have 100,000 dinars and I want to exchange them? She said that would be $3. I said would you give me a check or would you send it to my bank? She said no we'll give you $100,000 cash minus $3 to transfer it...then I asked her what if I brought in 1,000,000. She said well we would change you $5. I didn't ask her any more after that because I know they're not going to give me a million dollars in cash.
2-10-2023 Intel Guru MarkZ [via PDK] This doesn’t mean we can go out and exchange them…the markets are showing extreme volatility and they are trying to predict what that next step is. We are hearing a lot of fantastic chatter in Iraq that they are expecting another move…and also hearing from more and more sources to expect a substantial move…and the big one we have been waiting for. I am getting this from many sources.
[post 2 of 2]
2-10-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-10-2023 Intel Guru MarkZ [via PDK] Article: “With more than 150 thousand dinars, Dollar exchange rates rise in Iraq” They did not drop it far enough guys. Currency sites around the globe started showing some interesting things throughout the day today. XE is still showing the official rate…Forex is still showing the official rate…but what we started seeing in the rest of them was very interesting. $1 US dollar equals 737 dinar. Which would be a very substantial change. And that is just one of many sites…most are showing from 1 USD = 680 dinar up to 1070…. [post 1 of 2....stay tuned]
2-10-2023 Newshound Guru Militia Man They put out rules three weeks ago...they need to go to a dinar for public and commercial use...to replace the dollar, you're going have to pick up the dinar and that's where they're forcing it to. Everybody on the street needs to now buy cars, groceries, commercial products, everything in dinars. That's where the rub coming in. It's a supply and demand issue...they have a liquidity issue.
2-10-2023 Intel Guru Bruce [via WiserNow] Guys, we're very close...it appears that we're gonna see some things happen pretty soon - and I hope it's before...the 15th...if this intel holds up...that’s how close we are right now ... Let's see what happens.
2-10-2023 Guru Nader From The Mid East It's not easy for the government and for the CBI to come out and say, 'Okay, let's go back where we were before.' In one hour, one day, one year. It's not easy guys. It's a lot of things, a lot of process they have to go through. It's a lot of work. These guys work day and night 24 hours. This guys try to fight strong people like United States, Russia, Germany, France, Switzerland, Italy. You say these guys pouring in, pouring in, it's only for their interests. It's not for the interest of Iraq. Nobody's for the interest of Iraq. You know better than that. Just be patient...
2-10-2023 Newshound Guru Pimpy Looks like Iraq is rounding up some of those criminals that have been stealing some money but there's a bigger problem going on with Iraq. Sure they re-valued their currency and increased the exchange rate but that's a temporary fix. There are guidelines the United States put on Iraq and if they don't follow it it's going to get worse.
2-10-2023 Intel Guru MarkZ [via PDK] Question: IYO when do you see the next adjustment of the IQD happen? MarkZ: I would guess sometime within the next week? We are still seeing fluctuations in their markets…floating in the local markets…I believe they will have to make another adjustment soon.
2-10-2023 Newshound/Intel Guru Walkingstick [via Frank26] The exchange rate is now going in the correct direction...due to an internal float of the Iraqi dinar that is occurring inside of Iraq right now preparing itself to reach 1 to 1. We see the evidence of the next step. This is called phase two of the CBI's monetary reform...
2-10-2023 Newshound Guru Pimpy Article: "Blinken: We are working to strengthen Iraq's economy and reintegrate it into the region" As investors in the Iraqi dinar you want to hear this kind of news. The more they can strengthen the economy and make it more secure and the less they rely on oil sales the better it is for the Iraqi dinar. It becomes a stronger currency and you can have a much better exchange rate.
2-10-2023 Newshound Guru Clare Secretary Antony Blinken Tweet "I co-chaired with Iraqi Deputy Prime Minister @Fuad_Hussein1 the first ever economic-focused Higher Coordinating Committee of the U.S.-Iraq Strategic Framework Agreement. We will continue to work with the @IraqiGovt to strengthen Iraq’s economy and energy independence."
2-10-2023 Intel Guru Frank26 Article: "Iraqi Foreign Ministry: The delegation's visit to Washington will discuss two basic economic files" Quote: "The Iraqi delegation, headed by Hussein, arrives in Washington, with the dollar at the forefront of its talks" NOTICE ANOTHER DC TRIP ON THE SAME SUBJECT... THE EXCHANGE RATE.
2-10-2023 Intel Guru MarkZ [via PDK] What I am hearing from the banking side is that rates are starting to stabilize on their screens into what the rates should be. I will try to get them to share those rates unless they say “Heck no Mark”. I was told the constant changes they had been seeing on the screens is the new system...balancing things out to where they should be in correlation to other currencies.
2-10-2023 Newshound/Intel Guru Mnt Goat Article: "IRAQ MOVES INTERNATIONALLY FROM THE “GRAY” TO THE “WHITE” AREA" Quote: "Iraq has come a long way in combating the financing of terrorism and money laundering." ...Iraq was removed from the “most dangerous countries” area and moved from the gray area to white...this is fantastic news... So, now that they just told us the level of corruption is acceptable...and that they are in compliance with all international standards in this regard, when will they reinstate the dinar? ...I am telling you get ready…it is not long before IQD is back on FOREX and trading…then we go to the bank.
2-9-2023 ***Dinar Guru CBI News Flash *** The Central Bank of Iraq has officially increased the dinar exchange rate to the US dollar. It is now 1310 to 1 USD down from 1460. Remember, going down in this instance is good for dinar holders. This is a 10% increase in value. Will the dinar rate continue to float upwards? Stay tuned as the guru chime in on this very important development.
NOTE: If you're on a FOREX site and the rate is still showing 1450 then your Forex site has a delay. The CBI updated the official dinar rate to 1310 yesterday morning. You can always see the official CBI dinar rate in the left column of this page....The latest guru posts will continue below...
NOTE: If you're on a FOREX site and the rate is still showing 1450 then your Forex site has a delay. The CBI updated the official dinar rate to 1310 yesterday morning. You can always see the official CBI dinar rate in the left column of this page....The latest guru posts will continue below...
2-9-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-9-2023 Intel Guru MarkZ [via PDK] Still hearing fantastic things... “Exceeded 150K. Dollar prices rise in Baghdad and Kurdistan with lockdown.” Rates are going the wrong direction and I will tell you why. This is good for us as the market didn’t consider the move to 1300 to be enough. The goal in that move was to get all of the folks in country to turn in their dollars for dinar before they did their RV. If my sources are correct…in the next few days the rate go to 1000 or 1100. Then after they have made another mad dash to exchange centers and banks…before they pull the trigger...
2-9-2023 Intel Guru Frank26 They are not done yet. 'They' being the CBI. 'They' being the prime minister. With what? The monetary reform and economic reform...What is the goal of the CBI with the exchange rate? The goal is to be at least 1 to 1.
2-9-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-9-2023 Newshound Guru Pimpy Anybody talking about a rate over $.01 cent is full of crap. That's not gonna happen. I would love for it to happen...It's just not gonna happen. When they say they're going to restore it to its original value they're talking about 1190 dinars. If it was meant to go back to the $3.22 rate...they would have said something along the lines of we're going to go ahead and restore the pre-invasion rate of $3.22. You would hear something in the wording saying 'pre-invasion', 'prior to Kuwait ', stuff like that. They're not saying that. They're just saying previous...expect the exchange rate to go back to the 1190 dinars for every dollar. Pray that they re-establish the $3.22 rate.
2-9-2023 Newshound/Intel Gurus Walkingstick & Frank26 FRANK: They made it official rate of 1300 to 1. WALKINGSTICK: They're not done yet. IOO they will hit 1000 to 1 rather shortly...the goal is to get to 1 to 1 and then float...FRANK: From 1750 to 1460 to 1300 now. In the next step you're saying it'll be 1000 to 1? WALKINGSTICK: Yes. IOO they will now go to the next level. They will hit 1000 to 1 rather shortly and then at that moment they will be able to easily drop the 3 zeros.
2-9-2023 Guru Nader From The Mid East Some people believe it's [The dinar] a scam. Some people believe, 'Oh, it's Iraq , it's a terrorist country. It's killer country.' But Iraq was good before and it's gonna be good later...Thank God for what's happening and things gonna happen better. I mean, what's coming it's better. It cannot be worse. We were already in the bottom of the barrel. Now we just have to climb out of the barrel. Once we're out the barrel even an inch we're good...
2-9-2023 Newshound Guru Militia Man 1300 is halfway between 1460 and 1166. What good does that do? How is that alleviating any pain? Inflation has risen since the 1460s so they're not getting anything. It's not any good for them. That "second package" [coming from the CBI] is a key component ...they know 1460 to 1182/reverting to 1300 is still not doing anybody any favors...
2-9-2023 Intel Guru MarkZ [via PDK] Let’s look at the meetings over the last couple of weeks…France, Germany, the UK, Turkey, China, with the new Iraqi administration. Why would they be going that many places, consulting with so many countries…if all they were doing was changing the rate a couple measly percents on a next to nothing rate? There has to be something more to all of this.
2-9-2023 Newshound Guru Pimpy This is the obstacle standing in the way of the Iraqi dinar and that is they have to clean up their corruption issue. They have to do whatever it takes to have these restrictions lifted on their currency auctions and their ability to get hard currency...
2-9-2023 Newshound Guru Henig Article: "Iraqi delegation arrives in Washington to discuss government measures on the dollar" Quote: "Deputy Prime Minister and Foreign Minister Fouad Hussein arrived in Washington at the head of a high-level government delegation"
2-9-2023 Intel Guru Frank26 There's no doubt that the IQD is in position to float. There's no doubt! There's no questioning.
2-9-2023 Intel Guru MarkZ [via PDK] “Deputy Prime Minister Dr. Faud Hussien arrives in Washington DC yesterday late afternoon” Heading a high level delegation. The big thing here is this is the meeting we have been waiting for. We are hoping this is the kick off to a massive rate change. Not just what we are watching now.
2-9-2023 Newshound Guru Pimpy Article: "Governor of the Central Bank: We affirm that they have proceeded with the government to enhance confidence in the national currency" That's the other issue with Iraq. They prefer the US dollar per the dinar...You got to get people wanting to use their local currency more than the US dollar. And you do that by increasing the exchange rate a little more at a time, giving them more purchasing power and devaluing the dollar within Iraq...I think if everything goes smoothly we're most likely will see another small change in the exchange rate...
2-9-2023 Newshound Guru Clare Article: "Iraqi Foreign Ministry: The delegation's visit to Washington will discuss two basic economic files" Quote: "The delegation will hold its dialogues with the American side in Washington, which will focus on supporting Iraq's monetary policy and exchanging financial and banking support with the aim of strengthening the Iraqi government's vision of its measures regarding the exchange rate of the dollar,"
2-9-2023 Newshound/Intel Guru Walkingstick [via Frank26] The exchange rate of the Iraqi dinar is not done yet. It has a mission to leave the borders of Iraq. 1750 in the streets, to around 1500 to 1460 with the CBI and then to yesterday 1300 to 1 as the official rate. This is what we taught you, the gradual change in the exchange rate...suffice it to say the exchange rate of the Iraqi dinar is going in the right direction and they're not done yet...
2-9-2023 Intel Guru MarkZ [via PDK] Article: “Member of parliamentary energy (semi formal) agreement on the oil and gas law” They are moving quickly toward it. This is one of the things we have been waiting for. A big piece of the final puzzle.
2-9-2023 Intel Guru MarkZ [via PDK] Still hearing fantastic things... “Exceeded 150K. Dollar prices rise in Baghdad and Kurdistan with lockdown.” Rates are going the wrong direction and I will tell you why. This is good for us as the market didn’t consider the move to 1300 to be enough. The goal in that move was to get all of the folks in country to turn in their dollars for dinar before they did their RV. If my sources are correct…in the next few days the rate go to 1000 or 1100. Then after they have made another mad dash to exchange centers and banks…before they pull the trigger...
2-9-2023 Intel Guru Frank26 They are not done yet. 'They' being the CBI. 'They' being the prime minister. With what? The monetary reform and economic reform...What is the goal of the CBI with the exchange rate? The goal is to be at least 1 to 1.
2-9-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-9-2023 Newshound Guru Pimpy Anybody talking about a rate over $.01 cent is full of crap. That's not gonna happen. I would love for it to happen...It's just not gonna happen. When they say they're going to restore it to its original value they're talking about 1190 dinars. If it was meant to go back to the $3.22 rate...they would have said something along the lines of we're going to go ahead and restore the pre-invasion rate of $3.22. You would hear something in the wording saying 'pre-invasion', 'prior to Kuwait ', stuff like that. They're not saying that. They're just saying previous...expect the exchange rate to go back to the 1190 dinars for every dollar. Pray that they re-establish the $3.22 rate.
2-9-2023 Newshound/Intel Gurus Walkingstick & Frank26 FRANK: They made it official rate of 1300 to 1. WALKINGSTICK: They're not done yet. IOO they will hit 1000 to 1 rather shortly...the goal is to get to 1 to 1 and then float...FRANK: From 1750 to 1460 to 1300 now. In the next step you're saying it'll be 1000 to 1? WALKINGSTICK: Yes. IOO they will now go to the next level. They will hit 1000 to 1 rather shortly and then at that moment they will be able to easily drop the 3 zeros.
2-9-2023 Guru Nader From The Mid East Some people believe it's [The dinar] a scam. Some people believe, 'Oh, it's Iraq , it's a terrorist country. It's killer country.' But Iraq was good before and it's gonna be good later...Thank God for what's happening and things gonna happen better. I mean, what's coming it's better. It cannot be worse. We were already in the bottom of the barrel. Now we just have to climb out of the barrel. Once we're out the barrel even an inch we're good...
2-9-2023 Newshound Guru Militia Man 1300 is halfway between 1460 and 1166. What good does that do? How is that alleviating any pain? Inflation has risen since the 1460s so they're not getting anything. It's not any good for them. That "second package" [coming from the CBI] is a key component ...they know 1460 to 1182/reverting to 1300 is still not doing anybody any favors...
2-9-2023 Intel Guru MarkZ [via PDK] Let’s look at the meetings over the last couple of weeks…France, Germany, the UK, Turkey, China, with the new Iraqi administration. Why would they be going that many places, consulting with so many countries…if all they were doing was changing the rate a couple measly percents on a next to nothing rate? There has to be something more to all of this.
2-9-2023 Newshound Guru Pimpy This is the obstacle standing in the way of the Iraqi dinar and that is they have to clean up their corruption issue. They have to do whatever it takes to have these restrictions lifted on their currency auctions and their ability to get hard currency...
2-9-2023 Newshound Guru Henig Article: "Iraqi delegation arrives in Washington to discuss government measures on the dollar" Quote: "Deputy Prime Minister and Foreign Minister Fouad Hussein arrived in Washington at the head of a high-level government delegation"
2-9-2023 Intel Guru Frank26 There's no doubt that the IQD is in position to float. There's no doubt! There's no questioning.
2-9-2023 Intel Guru MarkZ [via PDK] “Deputy Prime Minister Dr. Faud Hussien arrives in Washington DC yesterday late afternoon” Heading a high level delegation. The big thing here is this is the meeting we have been waiting for. We are hoping this is the kick off to a massive rate change. Not just what we are watching now.
2-9-2023 Newshound Guru Pimpy Article: "Governor of the Central Bank: We affirm that they have proceeded with the government to enhance confidence in the national currency" That's the other issue with Iraq. They prefer the US dollar per the dinar...You got to get people wanting to use their local currency more than the US dollar. And you do that by increasing the exchange rate a little more at a time, giving them more purchasing power and devaluing the dollar within Iraq...I think if everything goes smoothly we're most likely will see another small change in the exchange rate...
2-9-2023 Newshound Guru Clare Article: "Iraqi Foreign Ministry: The delegation's visit to Washington will discuss two basic economic files" Quote: "The delegation will hold its dialogues with the American side in Washington, which will focus on supporting Iraq's monetary policy and exchanging financial and banking support with the aim of strengthening the Iraqi government's vision of its measures regarding the exchange rate of the dollar,"
2-9-2023 Newshound/Intel Guru Walkingstick [via Frank26] The exchange rate of the Iraqi dinar is not done yet. It has a mission to leave the borders of Iraq. 1750 in the streets, to around 1500 to 1460 with the CBI and then to yesterday 1300 to 1 as the official rate. This is what we taught you, the gradual change in the exchange rate...suffice it to say the exchange rate of the Iraqi dinar is going in the right direction and they're not done yet...
2-9-2023 Intel Guru MarkZ [via PDK] Article: “Member of parliamentary energy (semi formal) agreement on the oil and gas law” They are moving quickly toward it. This is one of the things we have been waiting for. A big piece of the final puzzle.
2-8-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-8-2023 Newshound Guru Clare Article: "Iraqi Finance requires government banks to adopt the new exchange rate" Quote: "Today, Wednesday, the Ministry of Finance directed the two governmental banks, Al-Rafidain and Al-Rashid, to adopt the new exchange rate for the dollar against the Iraqi dinar"
2-8-2023 Intel Guru MarkZ [via PDK] What I am hearing from my sources that the rate will jump down do 1100 or lower. In the next couple days to get the people to finish turning in their US dollars so the working class will have dinar in hand and then I hear we get a real whammy of a rate change. That is what I am waiting for...Finally we are seeing big changes... Bankers are still very excited. They are still convinced it will be in the next few days.
2-8-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-8-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI says they are committed to a rate. And the dollar crisis was temporary and the dinar is in recovery.
2-8-2023 Newshound Guru Pimpy You're looking at about a 9.6% increase in value [at the 1300 rate] for the Iraqi people. That's more purchasing power...we'll see if the Iraqi people actually feel the increase once the prices start to change...that increase could be so small that it doesn't do a whole lot to the markets...I do think this is their first increase this year...I'm anticipating a second increase this year. The second increase is really going to depend on how the economy is going...
2-8-2023 Intel Guru Bruce [via WiserNow] Remember the international rate that you may see is not necessarily what we’re going to have on the front screens at the banks, we ‘ve already seen some of those rates and much higher and are going to be very good for us ok don’t worry about that...I’m excited Let's, get this thing done. Let's have a great weekend.
2-8-2023 Intel Guru MarkZ [via PDK] I am still hearing though from banking contacts... now it could happen between yesterday when they announced the rate is 1300 and mid February...The banking side is more confident than I have ever seen them that we are at the end of this.
2-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] From 1750 in the streets to [1300] to 1160...to 1 to 1. This is the goal in order to float and this is what you're seeing the evidence of it right in front of your face. It's going in the right direction.
2-8-2023 Newshound Guru Militia Man Today has been a big day...They are telling us they are going to do certain things and this 1300 was one of the first stages. The second stage is...they're going to re-prepare the 2023 budget. In this context the Central Bank governor has stated that's what's going to happen...
2-8-2023 Intel Guru Frank26 The education to the citizens is becoming a little bit more in-depth. They have to know the next step is the float. IMO that's what the CBI meetings [In Washington/US Treasury] were doing - preparing the United States for the Iraqi dinar to float.
2-8-2023 Intel Guru MarkZ Question "So what is your plan if Nader is right and it’s a slow grind to get the dinar to a 1 to 1 rate? At what point will you go and trade in your currency? Will you exchange a few or deposit it in a multicurrency account?" I am told when it’s a substantial change your banks will offer you a multi currency account when you come in to exchange it. You will be able to hold it as dinar in this account and your account balance will continue to float as the rate goes up. Hope that makes sense. [Reference Guru Nader's Post below]
2-8-2023 Newshound Guru Pimpy The Iraq dinar exchange rate has changed. It went from 1450 dinars for every dollar to 1300 dinars for every dollar. You're looking at about a 9.6% increase in value...Looking very good. There is baby step one...just like I said, they're gonna go up in increments - small amounts a little at a time.
2-8-2023 Newshound Guru Clare "Al-Alaq thanks Al-Sudani for lowering the price of the dollar: Your response is quick" Quote "...the Governor of the Central Bank, Ali Al-Alaq, thanked the Prime Minister and members of the Council of Ministers for their approval of the decision to reduce the exchange rate of the dollar."
2-8-2023 Newshound/Intel Guru Frank Media Tweet "Panic selling USD as Iraqis try to get rid of their dollars after Central Bank of Iraq successful measure to reinstate IQD value" JUST WAIT UNTIL IT FLOATS AT 1 TO 1... THIS IS A TEST RUN.
2-8-2023 Newshound Guru Pimpy This is great news. We love to see the Iraqi dinar exchange rate go in this direction, the right direction. The Iraqi dinar has increased in value against the US dollar. What else is all right? Me predicting that the increase wouldn't be above $.01. As a matter of fact I said that the increase will most likely go back to the original rate prior to the devaluation. I thought for sure they were going to go to 1190 dinars for every dollar but instead they went to 1300 dinars for every dollar. It's still a step in the right direction.
2-8-2023 Newshound Guru Sandy Ingram Emergency Breaking News Update. IQD rate changed to 1300 to 1 dollar. Hold on the fat lady is NOT singing...the Iraqi dinar has been selling at 1470 dinars against the dollar before the New York Federal Reserve introduction tightening control on International dollar transactions. Yes, this is not what we were looking for...but this is excellent news for the Iraqi people. We knew there would be a rate change and we would not be happy with it. We also knew that we may need to wait for higher rate exchange to the US dollar...
2-8-2023 Guru Nader From The Mid East I told you [yesterday] morning before everybody, before it comes out even in the news. I told you the dollar was at 1300 [See Guru Nader's Post 2-8-2023 below]...it's not going to be go to sleep and I wake up and I'm millionaire and the RV happen...it's gonna float...It's gonna be 1 to 1 by July...but for now it has to float. It has to show its muscles...for the next couple of weeks gonna get better. Watch it floating...
2-8-2023 Intel Guru yada Consider all this time the dollar was being removed from their economy, it was to create a demand for the dinar. The government offices and merchants were told not to use dollar or be arrested. And now with all the contracts from other countries come to Iraq, they will pay in dinar, creating more of a demand hence causing the market value to go up.
2-8-2023 Intel Guru MarkZ [via PDK] “Panic selling of US dollars as Iraqis try to get rid of their dollars after the Central Bank of Iraq’s successful measure to reinstate IQD value.“ These people know something. They know the mechanism has started… All over Iraq they are trying to dump their US dollars and get dinars back in their hands. This is huge news.
2-8-2023 Newshound Guru Clare Article: "Iraqi Finance requires government banks to adopt the new exchange rate" Quote: "Today, Wednesday, the Ministry of Finance directed the two governmental banks, Al-Rafidain and Al-Rashid, to adopt the new exchange rate for the dollar against the Iraqi dinar"
2-8-2023 Intel Guru MarkZ [via PDK] What I am hearing from my sources that the rate will jump down do 1100 or lower. In the next couple days to get the people to finish turning in their US dollars so the working class will have dinar in hand and then I hear we get a real whammy of a rate change. That is what I am waiting for...Finally we are seeing big changes... Bankers are still very excited. They are still convinced it will be in the next few days.
2-8-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-8-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI says they are committed to a rate. And the dollar crisis was temporary and the dinar is in recovery.
2-8-2023 Newshound Guru Pimpy You're looking at about a 9.6% increase in value [at the 1300 rate] for the Iraqi people. That's more purchasing power...we'll see if the Iraqi people actually feel the increase once the prices start to change...that increase could be so small that it doesn't do a whole lot to the markets...I do think this is their first increase this year...I'm anticipating a second increase this year. The second increase is really going to depend on how the economy is going...
2-8-2023 Intel Guru Bruce [via WiserNow] Remember the international rate that you may see is not necessarily what we’re going to have on the front screens at the banks, we ‘ve already seen some of those rates and much higher and are going to be very good for us ok don’t worry about that...I’m excited Let's, get this thing done. Let's have a great weekend.
2-8-2023 Intel Guru MarkZ [via PDK] I am still hearing though from banking contacts... now it could happen between yesterday when they announced the rate is 1300 and mid February...The banking side is more confident than I have ever seen them that we are at the end of this.
2-8-2023 Newshound/Intel Guru Walkingstick [via Frank26] From 1750 in the streets to [1300] to 1160...to 1 to 1. This is the goal in order to float and this is what you're seeing the evidence of it right in front of your face. It's going in the right direction.
2-8-2023 Newshound Guru Militia Man Today has been a big day...They are telling us they are going to do certain things and this 1300 was one of the first stages. The second stage is...they're going to re-prepare the 2023 budget. In this context the Central Bank governor has stated that's what's going to happen...
2-8-2023 Intel Guru Frank26 The education to the citizens is becoming a little bit more in-depth. They have to know the next step is the float. IMO that's what the CBI meetings [In Washington/US Treasury] were doing - preparing the United States for the Iraqi dinar to float.
2-8-2023 Intel Guru MarkZ Question "So what is your plan if Nader is right and it’s a slow grind to get the dinar to a 1 to 1 rate? At what point will you go and trade in your currency? Will you exchange a few or deposit it in a multicurrency account?" I am told when it’s a substantial change your banks will offer you a multi currency account when you come in to exchange it. You will be able to hold it as dinar in this account and your account balance will continue to float as the rate goes up. Hope that makes sense. [Reference Guru Nader's Post below]
2-8-2023 Newshound Guru Pimpy The Iraq dinar exchange rate has changed. It went from 1450 dinars for every dollar to 1300 dinars for every dollar. You're looking at about a 9.6% increase in value...Looking very good. There is baby step one...just like I said, they're gonna go up in increments - small amounts a little at a time.
2-8-2023 Newshound Guru Clare "Al-Alaq thanks Al-Sudani for lowering the price of the dollar: Your response is quick" Quote "...the Governor of the Central Bank, Ali Al-Alaq, thanked the Prime Minister and members of the Council of Ministers for their approval of the decision to reduce the exchange rate of the dollar."
2-8-2023 Newshound/Intel Guru Frank Media Tweet "Panic selling USD as Iraqis try to get rid of their dollars after Central Bank of Iraq successful measure to reinstate IQD value" JUST WAIT UNTIL IT FLOATS AT 1 TO 1... THIS IS A TEST RUN.
2-8-2023 Newshound Guru Pimpy This is great news. We love to see the Iraqi dinar exchange rate go in this direction, the right direction. The Iraqi dinar has increased in value against the US dollar. What else is all right? Me predicting that the increase wouldn't be above $.01. As a matter of fact I said that the increase will most likely go back to the original rate prior to the devaluation. I thought for sure they were going to go to 1190 dinars for every dollar but instead they went to 1300 dinars for every dollar. It's still a step in the right direction.
2-8-2023 Newshound Guru Sandy Ingram Emergency Breaking News Update. IQD rate changed to 1300 to 1 dollar. Hold on the fat lady is NOT singing...the Iraqi dinar has been selling at 1470 dinars against the dollar before the New York Federal Reserve introduction tightening control on International dollar transactions. Yes, this is not what we were looking for...but this is excellent news for the Iraqi people. We knew there would be a rate change and we would not be happy with it. We also knew that we may need to wait for higher rate exchange to the US dollar...
2-8-2023 Guru Nader From The Mid East I told you [yesterday] morning before everybody, before it comes out even in the news. I told you the dollar was at 1300 [See Guru Nader's Post 2-8-2023 below]...it's not going to be go to sleep and I wake up and I'm millionaire and the RV happen...it's gonna float...It's gonna be 1 to 1 by July...but for now it has to float. It has to show its muscles...for the next couple of weeks gonna get better. Watch it floating...
2-8-2023 Intel Guru yada Consider all this time the dollar was being removed from their economy, it was to create a demand for the dinar. The government offices and merchants were told not to use dollar or be arrested. And now with all the contracts from other countries come to Iraq, they will pay in dinar, creating more of a demand hence causing the market value to go up.
2-8-2023 Intel Guru MarkZ [via PDK] “Panic selling of US dollars as Iraqis try to get rid of their dollars after the Central Bank of Iraq’s successful measure to reinstate IQD value.“ These people know something. They know the mechanism has started… All over Iraq they are trying to dump their US dollars and get dinars back in their hands. This is huge news.
2-7-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
2-7-2023 Intel Guru Frank26 Article: "The Central Bank of Iraq begins selling the dollar at the new official rate" Quote: "The Central Bank of Iraq will start selling the dollar at the new official rate, starting tomorrow, Wednesday, corresponding to 2/8/2023, and will continue its procedures and steps until the dollar exchange rate stabilizes according to the official exchange rate." IN THE FLOAT YOU WILL HAVE TO KNOW WHEN TO HOLD 'EM & FOLD 'EM BUT BEFORE THAT YOU WILL WATCH THE EXCHANGE RATE GRADUALLY INTERNATIONALLY FLOAT TO, 1 TO 1...
2-7-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-7-2023 Newshound Guru Clare Article: "The Central Bank of Iraq begins selling dollars at the new official rate" Quote: "The Central Bank of Iraq will start selling the dollar at the new official rate, starting tomorrow, Wednesday, 2023/2/8, and will continue its procedures and steps until the dollar exchange rate stabilizes according to the official exchange rate. The exchange rates will be as follows: 1300 dinars per dollar purchase price of the dollar from the Ministry of Finance. 1310 dinars per dollar The selling price of the dollar to banks through the electronic platform. 1320 dinars per dollar selling price of dollars from banks and non-bank financial institutions to the ultimate beneficiary."
2-7-2023 Intel Guru MarkZ [via PDK] From Rueters: “Iraq revalues currency to 1300 IQD per 1 USD. – Cabinet statement” On Bloomberg: “Iraq revalues currency weeks after replacing central Bank head” They are showing clearly that they have the ability to change it at anytime at will. I am getting some interesting feedback from the banking side on this. They are ecstatic. They have been looking for this first move. Treat this as a rumor but many of my bankers that are involved in the exchange process are convinced that after Iraq made that announcement this morning we are now in a 48 hour window since they have now made that first move. Treat this as rumor…The thing you treat as fact is the process is well underway.
2-7-2023 Newshound Guru Pimpy We know people were getting ready to protest but they were promised an exchange rate change and things seemed to have slowed down just a little bit...
2-7-2023 Guru Nader From The Mid East Not a country in the world is going to be more than $5. More than $4...$28, $11, $16 when I see that I just laugh. I don't even want to comment about that. If we get to 1 to 1 we're lucky...$16, $28, $11, even $7, $8, $6 that's too much. When people say 1 to 1 that's reasonable. When they say 2 to 1 that's reasonable. When they say $3-$3.50 to 1 that's reasonable. But when they go up above $3.50 that's a big big dream. You'll never see $28. That's crazy.
2-7-2023 Intel Guru Frank26 Articles - What is the theme? What is the mantra? What repeats itself over and over and over again? The Iraqi dinar exchange rate. What has changed is they are saying there will be a rise. There will be a change. They use verbs, adjectives, everything that indicates it's not going to be left at the program rate...
2-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] There's no RV...there is an accepted rate...there is no need for an RV...because they have agreed upon an exchange rate to reach via a float. When they did this they factored in the unknown: 1. Inflation fluctuation...they are going to make adjustments if there's an inflation fluctuation. It's called a float. 2. Oil sale prices mainly for the HCL. 3. Resources of Iraq - tapped and untapped... that's important because that way you can determine where you're going to get the REER and the float. 4. The flow the IQD in a float will be within +/- 3%...the currency will be asset backed by the CBI for the first time.
2-7-2023 Newshound Guru Pimpy The hot topic of the year appears like is the dollar exchange rate. Once again I hear all kinds of flying rumors and I tell you guys just be careful. Stay grounded and don't get suckered into anything. It's great to hear all the excitement that Iraq's talking about changing the exchange rate but if you're expecting some huge ridiculous exchange rate you're going to be upset...
2-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is going to meet with the United States Federal Reserve on February 7th about the exchange rate. All day on television that's all they been talking about, how they have things in place. They also told us that they're going to arrest smugglers. FRANK: As soon as they are done in Washington DC and return back home things will start to show up.
2-7-2023 Newshound Guru Clare Article: "The Council of Ministers approves the amendment of the exchange rate of the dollar, equivalent to 1,300 dinars" Quote: "the Council of Ministers approved the decision of the Board of Directors of the Central Bank of Iraq to adjust the exchange rate of the dollar against the dinar, equivalent to 1,300 dinars to one dollar."
2-7-2023 Intel Guru MarkZ [via PDK] We hear from local markets that the dinar is floating from 17 something down to 15 something…and this week the government says its going down to 13 something. It continues to move in the proper direction now... the government said they are counting on a peg later on this week of around 1300 which is temporary and allows it to find its value...Over the course of this week it has improved its value about 20% but, it’s not what we are looking for... We are still getting great chatter from the banking side of it…And the chatter is still great from Iraq…so not much has changed. There was zero bad news overnight.
2-7-2023 Newshound Guru Pimpy Article: "Advisor to the Prime Minister: The dollar exchange rate will be reduced according to the proposal of the central bank" When they say 'the dollar exchange rate will be reduced' that's the right direction. You want the dollar to be reduced, not the dinar. Nobody, I mean nobody knows what that exchange rate is going to be...
2-7-2023 Guru Nader From The Mid East This morning the parliament, I don't know what the parliament have to do with the dinar, they're saying they're gonna put it up to 1300. That's pretty good. It's not bad. It's like 15% down [Down is good for dinar holders]. I hope it continues like that, goes down. I think the float starts already but still not strong enough...you got the news, the dollar it's gonna be...by the end of the week maybe 1300 then we see from there. It's not bad from 1460 to 1300. I hope from 1300 to 1000 and then a little less and less and that's how we're gonna go...I think it's gonna be good. I think we're ready.
2-7-2023 Newshound Guru Breitling [via BobTheTaxMan] We received information from CBI of their proposing a change to the rates to Parliament today, the 6th of February. This information is confirmed as it came from the Central Bank of Iraq Media Bureau. We do not have any information pertaining to any specific rate or date, but this information may be an indicator of forward movement on our investment.
2-7-2023 Newshound/Intel Guru RVAlready [Word on the street in Iraq is that 1 IQD will be $3.00 USD, time will tell if this is going to be true.] $3 to $4 seems prevalent in many discussions. A bit too soon to know. We will know shortly enough.
2-7-2023 Intel Guru Frank26 Article: "The Central Bank of Iraq begins selling the dollar at the new official rate" Quote: "The Central Bank of Iraq will start selling the dollar at the new official rate, starting tomorrow, Wednesday, corresponding to 2/8/2023, and will continue its procedures and steps until the dollar exchange rate stabilizes according to the official exchange rate." IN THE FLOAT YOU WILL HAVE TO KNOW WHEN TO HOLD 'EM & FOLD 'EM BUT BEFORE THAT YOU WILL WATCH THE EXCHANGE RATE GRADUALLY INTERNATIONALLY FLOAT TO, 1 TO 1...
2-7-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-7-2023 Newshound Guru Clare Article: "The Central Bank of Iraq begins selling dollars at the new official rate" Quote: "The Central Bank of Iraq will start selling the dollar at the new official rate, starting tomorrow, Wednesday, 2023/2/8, and will continue its procedures and steps until the dollar exchange rate stabilizes according to the official exchange rate. The exchange rates will be as follows: 1300 dinars per dollar purchase price of the dollar from the Ministry of Finance. 1310 dinars per dollar The selling price of the dollar to banks through the electronic platform. 1320 dinars per dollar selling price of dollars from banks and non-bank financial institutions to the ultimate beneficiary."
2-7-2023 Intel Guru MarkZ [via PDK] From Rueters: “Iraq revalues currency to 1300 IQD per 1 USD. – Cabinet statement” On Bloomberg: “Iraq revalues currency weeks after replacing central Bank head” They are showing clearly that they have the ability to change it at anytime at will. I am getting some interesting feedback from the banking side on this. They are ecstatic. They have been looking for this first move. Treat this as a rumor but many of my bankers that are involved in the exchange process are convinced that after Iraq made that announcement this morning we are now in a 48 hour window since they have now made that first move. Treat this as rumor…The thing you treat as fact is the process is well underway.
2-7-2023 Newshound Guru Pimpy We know people were getting ready to protest but they were promised an exchange rate change and things seemed to have slowed down just a little bit...
2-7-2023 Guru Nader From The Mid East Not a country in the world is going to be more than $5. More than $4...$28, $11, $16 when I see that I just laugh. I don't even want to comment about that. If we get to 1 to 1 we're lucky...$16, $28, $11, even $7, $8, $6 that's too much. When people say 1 to 1 that's reasonable. When they say 2 to 1 that's reasonable. When they say $3-$3.50 to 1 that's reasonable. But when they go up above $3.50 that's a big big dream. You'll never see $28. That's crazy.
2-7-2023 Intel Guru Frank26 Articles - What is the theme? What is the mantra? What repeats itself over and over and over again? The Iraqi dinar exchange rate. What has changed is they are saying there will be a rise. There will be a change. They use verbs, adjectives, everything that indicates it's not going to be left at the program rate...
2-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] There's no RV...there is an accepted rate...there is no need for an RV...because they have agreed upon an exchange rate to reach via a float. When they did this they factored in the unknown: 1. Inflation fluctuation...they are going to make adjustments if there's an inflation fluctuation. It's called a float. 2. Oil sale prices mainly for the HCL. 3. Resources of Iraq - tapped and untapped... that's important because that way you can determine where you're going to get the REER and the float. 4. The flow the IQD in a float will be within +/- 3%...the currency will be asset backed by the CBI for the first time.
2-7-2023 Newshound Guru Pimpy The hot topic of the year appears like is the dollar exchange rate. Once again I hear all kinds of flying rumors and I tell you guys just be careful. Stay grounded and don't get suckered into anything. It's great to hear all the excitement that Iraq's talking about changing the exchange rate but if you're expecting some huge ridiculous exchange rate you're going to be upset...
2-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor is going to meet with the United States Federal Reserve on February 7th about the exchange rate. All day on television that's all they been talking about, how they have things in place. They also told us that they're going to arrest smugglers. FRANK: As soon as they are done in Washington DC and return back home things will start to show up.
2-7-2023 Newshound Guru Clare Article: "The Council of Ministers approves the amendment of the exchange rate of the dollar, equivalent to 1,300 dinars" Quote: "the Council of Ministers approved the decision of the Board of Directors of the Central Bank of Iraq to adjust the exchange rate of the dollar against the dinar, equivalent to 1,300 dinars to one dollar."
2-7-2023 Intel Guru MarkZ [via PDK] We hear from local markets that the dinar is floating from 17 something down to 15 something…and this week the government says its going down to 13 something. It continues to move in the proper direction now... the government said they are counting on a peg later on this week of around 1300 which is temporary and allows it to find its value...Over the course of this week it has improved its value about 20% but, it’s not what we are looking for... We are still getting great chatter from the banking side of it…And the chatter is still great from Iraq…so not much has changed. There was zero bad news overnight.
2-7-2023 Newshound Guru Pimpy Article: "Advisor to the Prime Minister: The dollar exchange rate will be reduced according to the proposal of the central bank" When they say 'the dollar exchange rate will be reduced' that's the right direction. You want the dollar to be reduced, not the dinar. Nobody, I mean nobody knows what that exchange rate is going to be...
2-7-2023 Guru Nader From The Mid East This morning the parliament, I don't know what the parliament have to do with the dinar, they're saying they're gonna put it up to 1300. That's pretty good. It's not bad. It's like 15% down [Down is good for dinar holders]. I hope it continues like that, goes down. I think the float starts already but still not strong enough...you got the news, the dollar it's gonna be...by the end of the week maybe 1300 then we see from there. It's not bad from 1460 to 1300. I hope from 1300 to 1000 and then a little less and less and that's how we're gonna go...I think it's gonna be good. I think we're ready.
2-7-2023 Newshound Guru Breitling [via BobTheTaxMan] We received information from CBI of their proposing a change to the rates to Parliament today, the 6th of February. This information is confirmed as it came from the Central Bank of Iraq Media Bureau. We do not have any information pertaining to any specific rate or date, but this information may be an indicator of forward movement on our investment.
2-7-2023 Newshound/Intel Guru RVAlready [Word on the street in Iraq is that 1 IQD will be $3.00 USD, time will tell if this is going to be true.] $3 to $4 seems prevalent in many discussions. A bit too soon to know. We will know shortly enough.
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2-6-2023 Intel Guru Frank26 The world is pouring into Iraq...not at a program rate. Because they know IMO what the monetary reform is about to do. They are covered under Article VIII...they're going to invest in Iraq. That's what these countries and companies are doing...This is an exodus towards Iraq! For a program rate?!? This is a busting down the door to get into Iraq! ...They all know what's going on...Iraq is about to be so powerful.
2-6-2023 Newshound Guru Pimpy Between this new government and a new central bank governor if they choose so they can move the exchange rate to $3.22. But just because they do it doesn't mean the rest of the world is going to accept it. You gotta remember that. You've going to have to be able to justify that exchange change. As a matter of fact you could be in trouble by jumping it up that high. You can get sanctions against Iraq. Is that going to happen? No, because it's not going to go to $3.22 or $3.48 or whatever it is you guys keep telling me because so-and-so said so.
2-6-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-6-2023 Intel Guru MarkZ [via PDK] All of my banking sources are absolutely convinced that it will happen overnight tonight and into tomorrow. It could be accurate but it could be a little premature. But we are certainly close. My banking side contacts are convinced this is it…we will see if they are right.
2-6-2023 Guru Nader From The Mid East We take 1 step forward 10 steps back. I don't F$$%ing know what's going on with Iran...Of course the United States is going to get involved in it. They don't want the dinar stronger than the dollar. They don't want anybody to be stronger than the dollar. They want to keep it like that. They want to keep control over it. That's their job to.
2-6-2023 Newshound Guru Clare Article: "ZainCash, Western Union to Enable Int'l Money Transfers" Quote: "ZainCash Iraq has announced a partnership with Western Union to enable international money transfers through the ZainCash mobile application...this allows customers in Iraq to easily and reliably send and receive money to more than 200 countries and territories. The app can be used by individuals, small and medium businesses (SMEs), as well as public sector entities and non-governmental organizations."
2-6-2023 Newshound Guru Paulette Comment: "Need a rate before the budget" They have a rate - 1460. They need a new rate if they "reinstitute" the NSCN's which is what Iraq can control internally. The IMF controls the rate at RI...And, IF they can RI, I just think they need to walk before they can run.
2-6-2023 Newshound Guru Pimpy I have a friend who works inside the defense department. Him and I talk a lot about geopolitics. He's usually over there in the Middle East...He recently retired...We had a chance to talk about Iraq and there was some information he shot past me that I thought was interesting so I'll share with you...we did talk about the dinar...In his view the United States is putting the squeeze on Iraq in regards to money laundering...
2-6-2023 Newshound Guru Militia Man On the 3rd the Central Bank of Iraq has an announcement on their website and they specifically talk about...politics. It's not common...they mentioned there was talk between a phone call of the Prime Minister Al-Sadani and President Biden in respect to coordination. For them to say those types of things means there's been some sort of an agreement. And that is effetely in our view and many people's view a green light for the monetary/economic reforms to continue...
2-6-2023 Intel Guru MarkZ [via PDK] We have news screaming at us…it’s almost minute by minute right now. I am getting great news from all my sources…The chatter is off the hook in Iraq. They have stabilized their currency according to International news …and Epoch times... Now that the yo-yo has started we know how close we are. Member statement: My sister’s ex-husband lives in Iraq...He told her the rate has been changed and was $3.00 and possibly going up to $3.50. MarkZ: Yes that is the rumor on the streets of Iraq. Nobody can exchange yet for that so everybody stay calm. It’s still necessary for them to play yo-yo for security reasons.
2-6-2023 Intel Guru Frank26 I hope they don't release the budget. I know the citizens want it. But the exchange rate cannot be released until the very last nanosecond. I don't know when it is. That's why I say I really don't want the budget because it will come out at a program rate. You can put lipstick on a pig but it's still going to be ugly. And so is the program rate for the IQD...
2-6-2023 Newshound Guru Pimpy ...The Prime Minister is telling everybody you'll see real stability in the Iraqi dinar within the next couple of weeks...It's positive. Al-Sudani is saying this is a for sure thing so whatever it is that's being discussed right now [with the United States] he feels reassured the exchange rate is going to get closer to the official exchange rate or it might be better than the official exchange rate allowing them to maybe revalue their currency back to its original 1190 dinar or possibly a little bit more.
2-6-2023 Guru Nader From The Mid East They did two good things. The budget has been presented yesterday. Tomorrow should be on the table...by the end of the week should present to the government. The second thing the CBI have finished one file on reducing the dollar exchange rate. I hope they did good. I hope they're not talking about 1460 or 1120...we'll see tomorrow what's going on...it's a question of time now. Be patient. We're almost there...One day it's going to hit. That's it.
2-6-2023 Newshound Guru Sandy Ingram Iraqis protested Friday in Baghdad demanding the government take action to stop the economy crisis...after the Iraqi dinar plunged again...to around 1750 Iraqi dinar to $1 at street exchangers in some parts of the country on Thursday compared to the official rate of 1460 dinar for $1 US. On Friday...most exchange stores in Baghdad were closed while in the northern city of Erbil the dollar was trading at around 1710 Iraqi dinars to $1. At the same time we are getting the news..from ABC and countless other news stations that the meeting between the US Treasury Department and the head of the Central Bank of Iraq the crisis has been averted.
2-6-2023 Intel Guru yada ...the effort to take the dollar out of Iraq serves several purposes. It cuts Iran off from getting dollars and it restores an economy in Iraq that will be international. Doubt very much this will be pulled back because all markets in other countries have prepped for acceptance of the dinar. Plus, the countries who did currency swaps will have a stronger currency in their central banks.
2-6-2023 Intel Guru Frank26 The world is pouring into Iraq...not at a program rate. Because they know IMO what the monetary reform is about to do. They are covered under Article VIII...they're going to invest in Iraq. That's what these countries and companies are doing...This is an exodus towards Iraq! For a program rate?!? This is a busting down the door to get into Iraq! ...They all know what's going on...Iraq is about to be so powerful.
2-6-2023 Newshound Guru Pimpy Between this new government and a new central bank governor if they choose so they can move the exchange rate to $3.22. But just because they do it doesn't mean the rest of the world is going to accept it. You gotta remember that. You've going to have to be able to justify that exchange change. As a matter of fact you could be in trouble by jumping it up that high. You can get sanctions against Iraq. Is that going to happen? No, because it's not going to go to $3.22 or $3.48 or whatever it is you guys keep telling me because so-and-so said so.
2-6-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-6-2023 Intel Guru MarkZ [via PDK] All of my banking sources are absolutely convinced that it will happen overnight tonight and into tomorrow. It could be accurate but it could be a little premature. But we are certainly close. My banking side contacts are convinced this is it…we will see if they are right.
2-6-2023 Guru Nader From The Mid East We take 1 step forward 10 steps back. I don't F$$%ing know what's going on with Iran...Of course the United States is going to get involved in it. They don't want the dinar stronger than the dollar. They don't want anybody to be stronger than the dollar. They want to keep it like that. They want to keep control over it. That's their job to.
2-6-2023 Newshound Guru Clare Article: "ZainCash, Western Union to Enable Int'l Money Transfers" Quote: "ZainCash Iraq has announced a partnership with Western Union to enable international money transfers through the ZainCash mobile application...this allows customers in Iraq to easily and reliably send and receive money to more than 200 countries and territories. The app can be used by individuals, small and medium businesses (SMEs), as well as public sector entities and non-governmental organizations."
2-6-2023 Newshound Guru Paulette Comment: "Need a rate before the budget" They have a rate - 1460. They need a new rate if they "reinstitute" the NSCN's which is what Iraq can control internally. The IMF controls the rate at RI...And, IF they can RI, I just think they need to walk before they can run.
2-6-2023 Newshound Guru Pimpy I have a friend who works inside the defense department. Him and I talk a lot about geopolitics. He's usually over there in the Middle East...He recently retired...We had a chance to talk about Iraq and there was some information he shot past me that I thought was interesting so I'll share with you...we did talk about the dinar...In his view the United States is putting the squeeze on Iraq in regards to money laundering...
2-6-2023 Newshound Guru Militia Man On the 3rd the Central Bank of Iraq has an announcement on their website and they specifically talk about...politics. It's not common...they mentioned there was talk between a phone call of the Prime Minister Al-Sadani and President Biden in respect to coordination. For them to say those types of things means there's been some sort of an agreement. And that is effetely in our view and many people's view a green light for the monetary/economic reforms to continue...
2-6-2023 Intel Guru MarkZ [via PDK] We have news screaming at us…it’s almost minute by minute right now. I am getting great news from all my sources…The chatter is off the hook in Iraq. They have stabilized their currency according to International news …and Epoch times... Now that the yo-yo has started we know how close we are. Member statement: My sister’s ex-husband lives in Iraq...He told her the rate has been changed and was $3.00 and possibly going up to $3.50. MarkZ: Yes that is the rumor on the streets of Iraq. Nobody can exchange yet for that so everybody stay calm. It’s still necessary for them to play yo-yo for security reasons.
2-6-2023 Intel Guru Frank26 I hope they don't release the budget. I know the citizens want it. But the exchange rate cannot be released until the very last nanosecond. I don't know when it is. That's why I say I really don't want the budget because it will come out at a program rate. You can put lipstick on a pig but it's still going to be ugly. And so is the program rate for the IQD...
2-6-2023 Newshound Guru Pimpy ...The Prime Minister is telling everybody you'll see real stability in the Iraqi dinar within the next couple of weeks...It's positive. Al-Sudani is saying this is a for sure thing so whatever it is that's being discussed right now [with the United States] he feels reassured the exchange rate is going to get closer to the official exchange rate or it might be better than the official exchange rate allowing them to maybe revalue their currency back to its original 1190 dinar or possibly a little bit more.
2-6-2023 Guru Nader From The Mid East They did two good things. The budget has been presented yesterday. Tomorrow should be on the table...by the end of the week should present to the government. The second thing the CBI have finished one file on reducing the dollar exchange rate. I hope they did good. I hope they're not talking about 1460 or 1120...we'll see tomorrow what's going on...it's a question of time now. Be patient. We're almost there...One day it's going to hit. That's it.
2-6-2023 Newshound Guru Sandy Ingram Iraqis protested Friday in Baghdad demanding the government take action to stop the economy crisis...after the Iraqi dinar plunged again...to around 1750 Iraqi dinar to $1 at street exchangers in some parts of the country on Thursday compared to the official rate of 1460 dinar for $1 US. On Friday...most exchange stores in Baghdad were closed while in the northern city of Erbil the dollar was trading at around 1710 Iraqi dinars to $1. At the same time we are getting the news..from ABC and countless other news stations that the meeting between the US Treasury Department and the head of the Central Bank of Iraq the crisis has been averted.
2-6-2023 Intel Guru yada ...the effort to take the dollar out of Iraq serves several purposes. It cuts Iran off from getting dollars and it restores an economy in Iraq that will be international. Doubt very much this will be pulled back because all markets in other countries have prepped for acceptance of the dinar. Plus, the countries who did currency swaps will have a stronger currency in their central banks.
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2-5-2023 Newshound Guru Pimpy When Sudani said they were going to restore the original rate, what they're talking about is making sure the exchange rate is closer to the 1450 not $3.23...No they are not going to change the exchange rate to $3.22. I'm sorry to always be the bad guy...
2-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said his opinion is they are doing everything they can to stop the smuggling and this is why the dollar exchange rate is so high. Once the smuggling is under control and corrupt are held accountable then they will work on the dinar rate increase. But this has to be done first. FRANK: For many generations Iran has been stealing from Iraq but now under the new leadership...they are protecting your banks, money and future...like your bank friend said, as soon as they are done talking to the United States about the dinar and the exchange rate verses the USD then you will see what you are looking for. And it is very close IMO...
2-5-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-5-2023 Guest Guru Deepwoodz 1460 is not an international rate...The dollar is on the way out which means the dinar is on the way in. Not the same ole 000 notes because that’s going backwards...They already know how to use a 1, 5, 10, 20, 50, and especially a 100. All they gotta do is change the dollar to a dinar and bada bing bada boom. From there it’s a float up to the glory days...I wouldn’t be surprised to see a 3+ start to that float. If Sudani really said original price, maybe he meant before America arrived in force. According to google timeline, on Dec. 5, 2003, Iraqs rate was 1 dinar = 3.35 usd. I think we can agree it’s ok to run from there!
2-5-2023 Guru Nader From The Mid East It is true the real value of the Iraqi dinar is not 1460. It's not 1160. It's $3.28...That's the true value. For now the rate is a punishment...Iraq with all the assets we have and all the reserves we have that's not the true rate of our dinars.
2-5-2023 Newshound Guru Pimpy We'll know more after Iraq comes here with a delegation and meets with the U.S. I'm sure Al-Sudani is saying, 'Look, we want to increase the value of our dinar against the U.S. dollar.' You heard what he said, if they do increase the value of the Iraq dinar that would give confidence to their local currency and prevent people from wanting the U.S. dollars more than Iraqi dinars. It closes the loop on the black market...
2-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] The number 1 reason we have never had a reinstatement is because of Iran smuggling and counterfeiting. They've been stealing, lying and cheating, killing and faking invoices. Endless lies to Iraq.
2-5-2023 Newshound Guru Militia Man The Swift system they've decided to go with has created an environment where the dollar itself in the country has dried up...the demand for the dollar rose...that's creating a volatility in the marketplace...the official rate hasn't changed but the street rate is somewhere between 1700 and getting worse. They need to alleviate that and fix it as quickly as possible.
2-5-2023 Newshound Guru Sandy Ingram [Question] "Can Iraq's ISX force an RV? The answer is NO. But here's what it can do...the ISX is financially and administratively independent from the Iraqi government including the Minister of Finance...NASDAQ incorporated and the Iraqi Stock Exchange have signed an agreement to extend the market technology relationship ... NASDAQ will continue providing the ISX with Digital information to be up to date on global investments.
2-5-2023 Newshound Guru Pimpy Al-Sudani is only making a statement that's true - The dinar is stronger than what we're seeing. If Iraq wants the dinar to be as strong as or stronger than the U.S. dollar they're going to have to have other forms of generating money - from tax payers, private sector, public sector, infrastructure - all important key elements of making a stronger currency, in addition to a stable government... currency, job growth, you name it.
2-5-2023 Intel Guru Frank26 Article: "Sudanese advisor: Within two weeks, the exchange rate will stabilize at its normal rate". 1460 IS NOT A NORMAL RATE, IT IS A PUNISHED SANCTIONED RATE... THE GOAL IS 1 TO 1 AND THEN TO FLOAT INTERNATIONALLY.
2-5-2023 Guru Nader From The Mid East Sudani come out talking about the dinar, talking strongly, Something that made me very happy. He said the dinar is stronger than dollar and it's going to be stronger than the dollar. He didn't say how much. He said it's a question of time. Let's wait and see what he does.
2-5-2023 Intel Guru MarkZ [via PDK] I am still hearing above $3 for the rate compared to the USD. There is a whole heck of a lot of yo-yoing going on. They are throwing all kinds of rates at us. They do this on purpose. Its all part of the smoke and mirrors that go along with a major change in currency values. I think they are hiding this one right out in the open right now. The rate and how many days off we are is the question now.
2-5-2023 Newshound Guru Pimpy When Sudani said they were going to restore the original rate, what they're talking about is making sure the exchange rate is closer to the 1450 not $3.23...No they are not going to change the exchange rate to $3.22. I'm sorry to always be the bad guy...
2-5-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said his opinion is they are doing everything they can to stop the smuggling and this is why the dollar exchange rate is so high. Once the smuggling is under control and corrupt are held accountable then they will work on the dinar rate increase. But this has to be done first. FRANK: For many generations Iran has been stealing from Iraq but now under the new leadership...they are protecting your banks, money and future...like your bank friend said, as soon as they are done talking to the United States about the dinar and the exchange rate verses the USD then you will see what you are looking for. And it is very close IMO...
2-5-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-5-2023 Guest Guru Deepwoodz 1460 is not an international rate...The dollar is on the way out which means the dinar is on the way in. Not the same ole 000 notes because that’s going backwards...They already know how to use a 1, 5, 10, 20, 50, and especially a 100. All they gotta do is change the dollar to a dinar and bada bing bada boom. From there it’s a float up to the glory days...I wouldn’t be surprised to see a 3+ start to that float. If Sudani really said original price, maybe he meant before America arrived in force. According to google timeline, on Dec. 5, 2003, Iraqs rate was 1 dinar = 3.35 usd. I think we can agree it’s ok to run from there!
2-5-2023 Guru Nader From The Mid East It is true the real value of the Iraqi dinar is not 1460. It's not 1160. It's $3.28...That's the true value. For now the rate is a punishment...Iraq with all the assets we have and all the reserves we have that's not the true rate of our dinars.
2-5-2023 Newshound Guru Pimpy We'll know more after Iraq comes here with a delegation and meets with the U.S. I'm sure Al-Sudani is saying, 'Look, we want to increase the value of our dinar against the U.S. dollar.' You heard what he said, if they do increase the value of the Iraq dinar that would give confidence to their local currency and prevent people from wanting the U.S. dollars more than Iraqi dinars. It closes the loop on the black market...
2-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] The number 1 reason we have never had a reinstatement is because of Iran smuggling and counterfeiting. They've been stealing, lying and cheating, killing and faking invoices. Endless lies to Iraq.
2-5-2023 Newshound Guru Militia Man The Swift system they've decided to go with has created an environment where the dollar itself in the country has dried up...the demand for the dollar rose...that's creating a volatility in the marketplace...the official rate hasn't changed but the street rate is somewhere between 1700 and getting worse. They need to alleviate that and fix it as quickly as possible.
2-5-2023 Newshound Guru Sandy Ingram [Question] "Can Iraq's ISX force an RV? The answer is NO. But here's what it can do...the ISX is financially and administratively independent from the Iraqi government including the Minister of Finance...NASDAQ incorporated and the Iraqi Stock Exchange have signed an agreement to extend the market technology relationship ... NASDAQ will continue providing the ISX with Digital information to be up to date on global investments.
2-5-2023 Newshound Guru Pimpy Al-Sudani is only making a statement that's true - The dinar is stronger than what we're seeing. If Iraq wants the dinar to be as strong as or stronger than the U.S. dollar they're going to have to have other forms of generating money - from tax payers, private sector, public sector, infrastructure - all important key elements of making a stronger currency, in addition to a stable government... currency, job growth, you name it.
2-5-2023 Intel Guru Frank26 Article: "Sudanese advisor: Within two weeks, the exchange rate will stabilize at its normal rate". 1460 IS NOT A NORMAL RATE, IT IS A PUNISHED SANCTIONED RATE... THE GOAL IS 1 TO 1 AND THEN TO FLOAT INTERNATIONALLY.
2-5-2023 Guru Nader From The Mid East Sudani come out talking about the dinar, talking strongly, Something that made me very happy. He said the dinar is stronger than dollar and it's going to be stronger than the dollar. He didn't say how much. He said it's a question of time. Let's wait and see what he does.
2-5-2023 Intel Guru MarkZ [via PDK] I am still hearing above $3 for the rate compared to the USD. There is a whole heck of a lot of yo-yoing going on. They are throwing all kinds of rates at us. They do this on purpose. Its all part of the smoke and mirrors that go along with a major change in currency values. I think they are hiding this one right out in the open right now. The rate and how many days off we are is the question now.
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2-4-2023 Newshound Guru Pimpy There's a lot of double speak still out there right now. You got people talking about back screens and their contacts are telling them [XYZ}- I'm going to tell you right now it's not going to happen anytime soon. As a matter of fact they're now talking about going in the opposite direction as far as the exchange rate.
2-4-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: My bank friend says with Alaq now in place we are to look for big news on things he is doing within the week or so. He knows what he is doing. FRANK: That is absolutely true...IMO he is already educated by his boss. His boss is educated by the CBI and the CBI was educated by the IMF and the US Treasury...
2-4-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-4-2023 Newshound Guru Henig Article: "Victory: One reason behind the dollar's rise... and Iraq is still in the seventh item" Quote "Washington has control over the dollar, and Iraq is still suffering from its survival under Chapter VII, so the US federal imposed conditions on the state in order to stop smuggling by adopting a specific platform for the foreign movement of the dollar."
2-4-2023 Newshound Guru Kaperoni Guru Walkingstick says Iraq is making a switch from a program rate to an international free market for the Iraqi dinar...the term 'program rate'...was a specific agreement between the IMF and Iraq for compliance reason. The exchange rate is the exchange rate! ...If and when the dinar does go up in value it will be based on strategic monetary policy and economic growth. There are no shortcuts.
2-4-2023 Guru Nader From The Mid East For now they have to get out of all of the corruption they have. But they're going to get it. The Untied States is helping Iraq to arrest corrupted people. Give it some time...things are doing a lot better in Iraq. I promise you things are doing a lot better in Iraq.
2-4-2023 Newshound Guru Pimpy I'm not sure where these people are getting all these rumors. We know that Al-Sudani said he wants to restore the Iraqi dinar to its original value but he never said what that original value is. That could mean he just wants to close the gap between the market and the paid amount restoring the Iraqi dinar value closer to 1450 where it was. Or is he talking about going back to the previous exchange rate of 1190 dinars for every dollar...people running around talking about Al-Sudani said he's going to restore the rate at $3.48 or $3.22 or anything else is fake...
2-4-2023 Newshound Guru Militia Man 1460, that's the official rate. That hasn't changed. But since they've gone on to this electronic platform the exchange rate on the street has gone from 1460 to subsequently 15,16, 17. Now it's pushing 1800. That's creating a very big problem because the citizens are having to absorb that effect...
2-4-2023 Intel Guru MarkZ [via PDK] I am getting exceptional news out of Iraq this weekend. If I had one or two more verifications in this vetting process I probably would already have come on showing you the golden shirt …I feel we are that close. The news has been phenomenal out of Iraq and the region…
2-4-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We hear major changes are coming to all government banks. This announced by new CBI governor Alaq. FRANK: ...They brought back Alaq because he knows what Dr. Shabibi wanted with the monetary reform. Alaq is the perfect man to finish the reform because he started it with Dr. Shabibi.
2-4-2023 Newshound Guru Pimpy Article: "Dollar closes below 172,000 dinars on the Baghdad Stock Exchange" It's going in the wrong damn direction.
2-4-2023 Newshound/Intel Guru Mnt Goat Article Quote: "Prime Minister Mohammed Shia al-Sudani had said earlier that the Iraqi dinar was “stronger” than the dollar, while urging citizens not to acquire dollars." we hear it now from the new prime minister himself. There is no more hiding it that they are artificially suppressing the rate of the Iraqi dinar using the peg of the dollar and currency auctions to do it...
2-4-2023 Intel Guru RayRen98 We [were] THINKING "NUTTIN" WOULD HAPPEN OVER THE WEEKEND...NOW BANKSTERS ARE TALKING OTHERWISE??? TIME WILL TELL. BANK PERSONNEL "CLAIM" THAT THE RATE WILL BE HIGHER THAN THE $3-PLUS THEY SEE ON THE SCREEN...
2-4-2023 Newshound Guru Pimpy There's a lot of double speak still out there right now. You got people talking about back screens and their contacts are telling them [XYZ}- I'm going to tell you right now it's not going to happen anytime soon. As a matter of fact they're now talking about going in the opposite direction as far as the exchange rate.
2-4-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: My bank friend says with Alaq now in place we are to look for big news on things he is doing within the week or so. He knows what he is doing. FRANK: That is absolutely true...IMO he is already educated by his boss. His boss is educated by the CBI and the CBI was educated by the IMF and the US Treasury...
2-4-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-4-2023 Newshound Guru Henig Article: "Victory: One reason behind the dollar's rise... and Iraq is still in the seventh item" Quote "Washington has control over the dollar, and Iraq is still suffering from its survival under Chapter VII, so the US federal imposed conditions on the state in order to stop smuggling by adopting a specific platform for the foreign movement of the dollar."
2-4-2023 Newshound Guru Kaperoni Guru Walkingstick says Iraq is making a switch from a program rate to an international free market for the Iraqi dinar...the term 'program rate'...was a specific agreement between the IMF and Iraq for compliance reason. The exchange rate is the exchange rate! ...If and when the dinar does go up in value it will be based on strategic monetary policy and economic growth. There are no shortcuts.
2-4-2023 Guru Nader From The Mid East For now they have to get out of all of the corruption they have. But they're going to get it. The Untied States is helping Iraq to arrest corrupted people. Give it some time...things are doing a lot better in Iraq. I promise you things are doing a lot better in Iraq.
2-4-2023 Newshound Guru Pimpy I'm not sure where these people are getting all these rumors. We know that Al-Sudani said he wants to restore the Iraqi dinar to its original value but he never said what that original value is. That could mean he just wants to close the gap between the market and the paid amount restoring the Iraqi dinar value closer to 1450 where it was. Or is he talking about going back to the previous exchange rate of 1190 dinars for every dollar...people running around talking about Al-Sudani said he's going to restore the rate at $3.48 or $3.22 or anything else is fake...
2-4-2023 Newshound Guru Militia Man 1460, that's the official rate. That hasn't changed. But since they've gone on to this electronic platform the exchange rate on the street has gone from 1460 to subsequently 15,16, 17. Now it's pushing 1800. That's creating a very big problem because the citizens are having to absorb that effect...
2-4-2023 Intel Guru MarkZ [via PDK] I am getting exceptional news out of Iraq this weekend. If I had one or two more verifications in this vetting process I probably would already have come on showing you the golden shirt …I feel we are that close. The news has been phenomenal out of Iraq and the region…
2-4-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We hear major changes are coming to all government banks. This announced by new CBI governor Alaq. FRANK: ...They brought back Alaq because he knows what Dr. Shabibi wanted with the monetary reform. Alaq is the perfect man to finish the reform because he started it with Dr. Shabibi.
2-4-2023 Newshound Guru Pimpy Article: "Dollar closes below 172,000 dinars on the Baghdad Stock Exchange" It's going in the wrong damn direction.
2-4-2023 Newshound/Intel Guru Mnt Goat Article Quote: "Prime Minister Mohammed Shia al-Sudani had said earlier that the Iraqi dinar was “stronger” than the dollar, while urging citizens not to acquire dollars." we hear it now from the new prime minister himself. There is no more hiding it that they are artificially suppressing the rate of the Iraqi dinar using the peg of the dollar and currency auctions to do it...
2-4-2023 Intel Guru RayRen98 We [were] THINKING "NUTTIN" WOULD HAPPEN OVER THE WEEKEND...NOW BANKSTERS ARE TALKING OTHERWISE??? TIME WILL TELL. BANK PERSONNEL "CLAIM" THAT THE RATE WILL BE HIGHER THAN THE $3-PLUS THEY SEE ON THE SCREEN...
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2-3-2023 Newshound Guru Militia Man They did have meetings today in Turkey. They're having meetings tomorrow in Turkey. The United States, Central Bank governors in Turkey. Those things are for a reason. We don't know what all they are but we do know that they're after one thing. They're after getting this country [Iraq] into the international market with Article VIII compliant currency...It's obvious we're at a threshold. I'm looking forward to seeing it happen...
2-3-2023 Newshound Guru Pimpy ...More and more intensely now they're starting to come out with Sudani said that their Iraqi rate is going to be $3.48. Now it's $3.90. Wait it moved up to $4.17. Isn't it amazing how it continues to just spread and nobody has any receipts whatsoever. Where are they getting this information from? There's not even new articles out there...Where do you guys see where Al-Sudani has said he's going to change the exchange rate to over $3? I don't see it anywhere.
2-3-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said...with the shortness of dinars on the street and the cost of the dollar exchange rate, now would be the ideal to pull this rate change off. That is his opinion. The timing is just set. No better time.
2-3-2023 Newshound Guru Henig Article: "Solutions are exhausted.. A specialist identifies the last option to solve the dollar crisis in Iraq" Quote: "the only solution to reduce the exchange rate of the dollar in the local market is to reduce the exchange rate by the central bank, as this is the only solution to solve the current crisis."
2-3-2023 Intel Guru Bruce [via WiserNow] We know that Iraq did their thing with their reinstatement of the Iraqi dinar yesterday, officially. And then today, it revalued and it's got a rate on the screen and it's going up. We heard some outrageous contract rates for the dinar which is a real thing. Oh, and there's no contract for dong – just so you know - but there is on the dinar - and is higher than we had been told it would be... So where we stand right now - is things are so quiet...we are just at a point where they do not want us to know the timing of when this is going to be released... I'm still excited...I'm hoping we get some action here the next couple days... I have to believe we're very, very close.
2-3-2023 Newshound Guru Kaperoni Guru Frank26 says the reason why they haven't reinstated the Iraqi dinar is because of Iran....Well, partially, Iran is affecting the auctions by smuggling dollars. But for the dinar to ever go up in value it will be based on the economic success of Iraq's economy.
2-3-2023 Newshound Guru Pimpy Sudani is out there putting out the message the Iraqi dinar is a stronger currency, it needs to be restored. They need to find a way to devalue the dollar against the Iraqi dinar. But they're not putting out any indication at all what that rate would be. He's just saying that it's a stronger currency. Does he mean stronger as in its recent performance? ...Or is he trying to say it's a more valuable currency than the US dollar. Doesn't say. Don't get over excited. Stay grounded.
2-3-2023 Intel Guru Frank26 The CBI... they are working with Sudani and the United States on the exchange rate. That's why we haven't seen the budget yet because everything waits for the exchange rate.
2-3-2023 Guru Nader From The Mid East When [Sudani] says, 'I'm gonna change the dinar rate...it doesn't mean it's gonna go 2 to 1 or 1 to 1. It can be back to [the year] 2020. I hope they put it back in [the year] 2003...we deserve that I think...
2-3-2023 Newshound Guru Militia Man A lot of things have happened in the last few days. You have the Central Bank talking, You have the government talking, you have the United States Federal Reserve Bank talking. You have meetings going on in Washington ...You have meetings that are said to be done today in Turkey and tomorrow in Turkey. You have demonstrations that may be taking place in the sense of 'monetary reform, why hasn't it happened yet?' Some of the articles we're seeing are phenomenal. We have Al-Sudani coming out and talk to the citizens telling everybody 'Hold on a minute. Don't do anything. Your dinars are going to be effetely stronger than the dollar'...
2-3-2023 Newshound Guru Pimpy In my PMs, DMs, MMs and everything else everybody's sending me the link to Nader's video [See Guru Nader's 2-1-2023 post below]...What gets me, people catch every other word. They pick and choose what they want to hear out of that video...Is the Iraqi dinar more valuable than the US dollar? No it's not. It's definitely IMO a lot stronger than the value that it's at now...I don't think the dinar should be as weak as they're showing right now. Just a shout out to [Guru] Nader. I love when he brings these kinds of things to our attention because it gives us an idea of what's going on but don't misunderstand what you're hearing...
2-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani still saying he wants to strengthen our currency. He came out early this morning and he said this is his objective. This is on top of what he is saying yesterday about returning the rate to what it should be. This is encouraging.
2-3-2023 Intel Guru MarkZ [via PDK] We are still really close. Nothing has changed on this front at all. We are all just trying to stay grounded in these last yo-yo days... it is interesting we are getting that yo-yo on the banking screens. Most of my sources believe it’s locked in at a $3.90 street rate. ...the chatter remains good...We are seeing so many sources on the ground in Iraq giving us supporting evidence and news on the impending change...The weekend really does look good.
2-3-2023 Newshound/Intel Guru Mnt Goat Conversation with my contact in the CBI (continued): [See Guru Mnt Goat post 2-1-2023 below for the beginning of the conversations]: Question: I asked one more question about the timing of events. I asked about the possibility of moving to reinstate the dinar on FOREX. Answer: I was told this was in the planning stages and we could see it very possibly this year and sooner than later. I did not press the point to ask for specific timeframe as I probably would not get it anyhow.
2-3-2023 Newshound Guru Militia Man They did have meetings today in Turkey. They're having meetings tomorrow in Turkey. The United States, Central Bank governors in Turkey. Those things are for a reason. We don't know what all they are but we do know that they're after one thing. They're after getting this country [Iraq] into the international market with Article VIII compliant currency...It's obvious we're at a threshold. I'm looking forward to seeing it happen...
2-3-2023 Newshound Guru Pimpy ...More and more intensely now they're starting to come out with Sudani said that their Iraqi rate is going to be $3.48. Now it's $3.90. Wait it moved up to $4.17. Isn't it amazing how it continues to just spread and nobody has any receipts whatsoever. Where are they getting this information from? There's not even new articles out there...Where do you guys see where Al-Sudani has said he's going to change the exchange rate to over $3? I don't see it anywhere.
2-3-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said...with the shortness of dinars on the street and the cost of the dollar exchange rate, now would be the ideal to pull this rate change off. That is his opinion. The timing is just set. No better time.
2-3-2023 Newshound Guru Henig Article: "Solutions are exhausted.. A specialist identifies the last option to solve the dollar crisis in Iraq" Quote: "the only solution to reduce the exchange rate of the dollar in the local market is to reduce the exchange rate by the central bank, as this is the only solution to solve the current crisis."
2-3-2023 Intel Guru Bruce [via WiserNow] We know that Iraq did their thing with their reinstatement of the Iraqi dinar yesterday, officially. And then today, it revalued and it's got a rate on the screen and it's going up. We heard some outrageous contract rates for the dinar which is a real thing. Oh, and there's no contract for dong – just so you know - but there is on the dinar - and is higher than we had been told it would be... So where we stand right now - is things are so quiet...we are just at a point where they do not want us to know the timing of when this is going to be released... I'm still excited...I'm hoping we get some action here the next couple days... I have to believe we're very, very close.
2-3-2023 Newshound Guru Kaperoni Guru Frank26 says the reason why they haven't reinstated the Iraqi dinar is because of Iran....Well, partially, Iran is affecting the auctions by smuggling dollars. But for the dinar to ever go up in value it will be based on the economic success of Iraq's economy.
2-3-2023 Newshound Guru Pimpy Sudani is out there putting out the message the Iraqi dinar is a stronger currency, it needs to be restored. They need to find a way to devalue the dollar against the Iraqi dinar. But they're not putting out any indication at all what that rate would be. He's just saying that it's a stronger currency. Does he mean stronger as in its recent performance? ...Or is he trying to say it's a more valuable currency than the US dollar. Doesn't say. Don't get over excited. Stay grounded.
2-3-2023 Intel Guru Frank26 The CBI... they are working with Sudani and the United States on the exchange rate. That's why we haven't seen the budget yet because everything waits for the exchange rate.
2-3-2023 Guru Nader From The Mid East When [Sudani] says, 'I'm gonna change the dinar rate...it doesn't mean it's gonna go 2 to 1 or 1 to 1. It can be back to [the year] 2020. I hope they put it back in [the year] 2003...we deserve that I think...
2-3-2023 Newshound Guru Militia Man A lot of things have happened in the last few days. You have the Central Bank talking, You have the government talking, you have the United States Federal Reserve Bank talking. You have meetings going on in Washington ...You have meetings that are said to be done today in Turkey and tomorrow in Turkey. You have demonstrations that may be taking place in the sense of 'monetary reform, why hasn't it happened yet?' Some of the articles we're seeing are phenomenal. We have Al-Sudani coming out and talk to the citizens telling everybody 'Hold on a minute. Don't do anything. Your dinars are going to be effetely stronger than the dollar'...
2-3-2023 Newshound Guru Pimpy In my PMs, DMs, MMs and everything else everybody's sending me the link to Nader's video [See Guru Nader's 2-1-2023 post below]...What gets me, people catch every other word. They pick and choose what they want to hear out of that video...Is the Iraqi dinar more valuable than the US dollar? No it's not. It's definitely IMO a lot stronger than the value that it's at now...I don't think the dinar should be as weak as they're showing right now. Just a shout out to [Guru] Nader. I love when he brings these kinds of things to our attention because it gives us an idea of what's going on but don't misunderstand what you're hearing...
2-3-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani still saying he wants to strengthen our currency. He came out early this morning and he said this is his objective. This is on top of what he is saying yesterday about returning the rate to what it should be. This is encouraging.
2-3-2023 Intel Guru MarkZ [via PDK] We are still really close. Nothing has changed on this front at all. We are all just trying to stay grounded in these last yo-yo days... it is interesting we are getting that yo-yo on the banking screens. Most of my sources believe it’s locked in at a $3.90 street rate. ...the chatter remains good...We are seeing so many sources on the ground in Iraq giving us supporting evidence and news on the impending change...The weekend really does look good.
2-3-2023 Newshound/Intel Guru Mnt Goat Conversation with my contact in the CBI (continued): [See Guru Mnt Goat post 2-1-2023 below for the beginning of the conversations]: Question: I asked one more question about the timing of events. I asked about the possibility of moving to reinstate the dinar on FOREX. Answer: I was told this was in the planning stages and we could see it very possibly this year and sooner than later. I did not press the point to ask for specific timeframe as I probably would not get it anyhow.
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2-2-2023 Intel Guru Frank26 What have I told you is the reason why we do not have the reinstatement of the Iraqi dinar? It's Iran...there's only one reason...that's what they're dealing with, the corruption of Iran. And the meeting they are going to have [In Washington] is very powerful. It deals with the exchange rate and corruption of Iran.
2-2-2023 Newshound Guru Clare Tweet #NRTnews "A delegation from Iraqi Central Bank meets the representatives of the US Department of the Treasury in Istanbul Turkey, for talks on stabilizing US dollar exchange prices to Iraqi dinar, Khalil Ghazi, Iraqi parliaments finance committee said"
2-2-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-2-2023 Intel Guru MarkZ [via PDK] What I am hearing from banking centers...It has been a week of “Groundhog Days” for them. They went in Monday …they were told “tomorrow. They went in Tuesday and sat there all day…they were told “tomorrow”. They went in Wednesday…they are very frustrated but were told that it is so close we need you here daily…until they finish this thing. They are pushing them hard to not leave or go anywhere over this weekend. They are very frustrated and have been expecting this every day since Monday. Nerves are very frayed at this point but they know we are painfully close.
2-2-2023 Newshound Guru Pimpy The big problem is this. A lot of these political people in Iraq are allies with Iran. That's a huge problem for Iraq. And because of this they do a lot of business together, trades together. But they deal in the U.S. dollar. If Iran is supposed to be sanctioned and Iraq's supposed to be working with the United States that's violating the sanctions is what's happening. So Iraq's now being punished for it.
2-2-2023 Newshound Guru Militia Man The whole premise here and goal is to get Iraq off the dollar...sadly it's going to be a tough road...any day now we'll see actions on that...
2-2-2023 Newshound/Intel Guru Mnt Goat Conversation with my contact in the CBI (continued) [See Guru Mnt Goat post 2-1-2023 below for the beginning of the conversations]: Question: Isn’t the value of the dinar much greater than the value of the US dollar fiat currency? So why are we not seeing the true rate of the dinar? Answer: You pose a tricky question to me. Yes, I agree the rate should be much higher, at least 1:1 with the dollar but I believe much more and more like 4:1. But there is a process in place to get there, we are implementing it now that Ali Mohsen Al-Alaq has returned. We are looking forward to working diligently with all advisors and global leaders. It will not be long.
2-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani said today he was going to put the dollar back to its true rate. FRANK: That matches the articles. He's talking to the citizens. He's trying to calm them. FIREFLY: He didn't say when but he's going to put it to its true value.
2-2-2023 Newshound/Intel Guru Walkingstick [via Frank26] They are making the switch from an internal program rate to an open international free market for the IQD.
2-2-2023 Newshound Guru Sandy Ingram According to many there was supposed to be a revalue on the 29th of January. As you can see that did not happen. However it could in the future.
2-2-2023 Intel Guru MarkZ [via PDK] If what I understand is correct…they [Iraq] wanted a couple more months but they will not be allowed it…It’s my understanding the middle east wanted more time… That’s what I hear but it doesn’t make much sense to me. Sudani has been on the streets again talking about the need to raise the rates. I am wondering if the news coming out of DC is just being taken out of context. It does not make sense to me that Iraqis want more time...but that is the report from sources there...I assume based on what we hear from Iraq that it would be the opposite.
2-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI governor Alaq is on television saying within the next few days measures will be taken to reduce the dollar exchange rate against our currency which on the streets right now is reaching 1750. He said in a meeting with the United States of America Feds in Istanbul, Turkey and then another meeting in Washington March 9th. We are struggling as this dollar rate keeps going up. We wait to see what the next two days bring...we hope for some relief of some kind...
2-2-2023 Newshound Guru Clare Article: "Exceeding 172,000 dinars.. The dollar prices continue to rise in Baghdad and Erbil"
2-2-2023 Newshound Guru Pimpy With the restrictions put on Iraq because of Iran it's causing the devaluation of the Iraqi dinar.
2-2-2023 Newshound/Intel Guru Mnt Goat The plan all along is to use the older three zero notes at the banks for transfer between countries to pay the debts only and to take them out of the general circulation...This was a strategy imposed by Ali Alaq even before he left the CBI in June 2020. Now we are beginning to see why they reinstated him as director as he is continuing where he left off on the currency reform project, but the only difference is now he is getting the full support of the GOI. [post 2 of 2]
2-2-2023 Newshound/Intel Guru Mnt Goat Conversation with my contact in the CBI (continued) - [See Guru Mnt Goat post 2-1-2023 below for the beginning of the conversations ]: Question: Do they fully intend to carryout this currency reform to the end? Answer: Yes, as they are only releasing more of the 100, 250 and 1000 smaller category notes and these will stay in circulation afterwards. It will be an easier transition to the lower, lower denominations once they have this situation under control and other countries will bring the value of the dinar up as the foreign demand increases. [post 1 of 2....stay tuned]
2-2-2023 Intel Guru Frank26 What have I told you is the reason why we do not have the reinstatement of the Iraqi dinar? It's Iran...there's only one reason...that's what they're dealing with, the corruption of Iran. And the meeting they are going to have [In Washington] is very powerful. It deals with the exchange rate and corruption of Iran.
2-2-2023 Newshound Guru Clare Tweet #NRTnews "A delegation from Iraqi Central Bank meets the representatives of the US Department of the Treasury in Istanbul Turkey, for talks on stabilizing US dollar exchange prices to Iraqi dinar, Khalil Ghazi, Iraqi parliaments finance committee said"
2-2-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-2-2023 Intel Guru MarkZ [via PDK] What I am hearing from banking centers...It has been a week of “Groundhog Days” for them. They went in Monday …they were told “tomorrow. They went in Tuesday and sat there all day…they were told “tomorrow”. They went in Wednesday…they are very frustrated but were told that it is so close we need you here daily…until they finish this thing. They are pushing them hard to not leave or go anywhere over this weekend. They are very frustrated and have been expecting this every day since Monday. Nerves are very frayed at this point but they know we are painfully close.
2-2-2023 Newshound Guru Pimpy The big problem is this. A lot of these political people in Iraq are allies with Iran. That's a huge problem for Iraq. And because of this they do a lot of business together, trades together. But they deal in the U.S. dollar. If Iran is supposed to be sanctioned and Iraq's supposed to be working with the United States that's violating the sanctions is what's happening. So Iraq's now being punished for it.
2-2-2023 Newshound Guru Militia Man The whole premise here and goal is to get Iraq off the dollar...sadly it's going to be a tough road...any day now we'll see actions on that...
2-2-2023 Newshound/Intel Guru Mnt Goat Conversation with my contact in the CBI (continued) [See Guru Mnt Goat post 2-1-2023 below for the beginning of the conversations]: Question: Isn’t the value of the dinar much greater than the value of the US dollar fiat currency? So why are we not seeing the true rate of the dinar? Answer: You pose a tricky question to me. Yes, I agree the rate should be much higher, at least 1:1 with the dollar but I believe much more and more like 4:1. But there is a process in place to get there, we are implementing it now that Ali Mohsen Al-Alaq has returned. We are looking forward to working diligently with all advisors and global leaders. It will not be long.
2-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani said today he was going to put the dollar back to its true rate. FRANK: That matches the articles. He's talking to the citizens. He's trying to calm them. FIREFLY: He didn't say when but he's going to put it to its true value.
2-2-2023 Newshound/Intel Guru Walkingstick [via Frank26] They are making the switch from an internal program rate to an open international free market for the IQD.
2-2-2023 Newshound Guru Sandy Ingram According to many there was supposed to be a revalue on the 29th of January. As you can see that did not happen. However it could in the future.
2-2-2023 Intel Guru MarkZ [via PDK] If what I understand is correct…they [Iraq] wanted a couple more months but they will not be allowed it…It’s my understanding the middle east wanted more time… That’s what I hear but it doesn’t make much sense to me. Sudani has been on the streets again talking about the need to raise the rates. I am wondering if the news coming out of DC is just being taken out of context. It does not make sense to me that Iraqis want more time...but that is the report from sources there...I assume based on what we hear from Iraq that it would be the opposite.
2-2-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: CBI governor Alaq is on television saying within the next few days measures will be taken to reduce the dollar exchange rate against our currency which on the streets right now is reaching 1750. He said in a meeting with the United States of America Feds in Istanbul, Turkey and then another meeting in Washington March 9th. We are struggling as this dollar rate keeps going up. We wait to see what the next two days bring...we hope for some relief of some kind...
2-2-2023 Newshound Guru Clare Article: "Exceeding 172,000 dinars.. The dollar prices continue to rise in Baghdad and Erbil"
2-2-2023 Newshound Guru Pimpy With the restrictions put on Iraq because of Iran it's causing the devaluation of the Iraqi dinar.
2-2-2023 Newshound/Intel Guru Mnt Goat The plan all along is to use the older three zero notes at the banks for transfer between countries to pay the debts only and to take them out of the general circulation...This was a strategy imposed by Ali Alaq even before he left the CBI in June 2020. Now we are beginning to see why they reinstated him as director as he is continuing where he left off on the currency reform project, but the only difference is now he is getting the full support of the GOI. [post 2 of 2]
2-2-2023 Newshound/Intel Guru Mnt Goat Conversation with my contact in the CBI (continued) - [See Guru Mnt Goat post 2-1-2023 below for the beginning of the conversations ]: Question: Do they fully intend to carryout this currency reform to the end? Answer: Yes, as they are only releasing more of the 100, 250 and 1000 smaller category notes and these will stay in circulation afterwards. It will be an easier transition to the lower, lower denominations once they have this situation under control and other countries will bring the value of the dinar up as the foreign demand increases. [post 1 of 2....stay tuned]
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2-1-2023 Intel Guru Frank26 Article: "urgent... Central Bank Governor: We will issue decisions to reduce the dollar and two meetings with the American side within two days" IMO THE NEW CBI GOV HAS CHANGED THE SPEED OF THE MONETARY REFORM.
2-1-2023 Newshound Guru Sandy Ingram The new cabinet is forcing stores and institutions to use Point of Sale transactions...POS are exempt from taxes...implementation effective June 1 2023. This sounds like a digital economy to me. Iraq is getting control over transactions and the flow of money. We can only hope this will lead to a higher rate exchange in the future.
2-1-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-1-2023 Intel Guru MarkZ [via PDK] Nothing negative today…With the bank chatter-A number of sources are saying the meetings in DC are going swimmingly…as they lay out the final groundwork for this. The chatter really has been fantastic. I am hearing positive things on the speed at which they plan on executing our payouts etc… There was fantastic chatter from DC and New York today to get this thing released. Things are very positive that they have pounded out the final arrangements that need to be made...About the rates floating around…they may just be place holders…we don’t know...We have seen $3.70 to $3.90 …the rate that most have reported seeing in $3.81. Hopefully this will be what the people on the ground in Iraq can expect…they deserve it.
2-1-2023 Guru Nader From The Mid East [Iraqi TV new report translated] "Muhammad al-Shi'i...The specialists said that Al-Sudani's statement that the dinar is stronger than the dollar implies two things. The first is a prospective decision that may reduce the dollar against the dinar that is less than 146 [1460 ?] and...restore my confidence for the dinar and the issue of dealing with it...As for the second explanation, the Sudanese wants to reduce the demand for the dollar especially with informal dealers who do not go to the window to sell the currency but rather go for a company for exchange companies the parallel market."
2-1-2023 Newshound/Intel Guru Mnt Goat So, it was time to catch up with my contact in the CBI... What I found out through my conversation is that they know they must stop the corruption and now they are taking bold steps to allow any foreign currency including the dinar to pay outside debts to other countries. Question: How long will this take to make an impact? Answer: I was told they expect a couple weeks at most since most merchants already have dinars they will probably pay in dinars. The other countries already agreed to take them. This was the problem before since the embargo of 1990 no other country wanted the dinar as it was too speculative.
2-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There's a certain amount allowed to pay Iran for electricity but USA has proof that still large amounts of dollars are being sent to Iran. This delegation has to explain to Washington DC and being held accountable. All this must be handled and destroyed...
2-1-2023 Newshound Guru Pimpy The rumors are swelling away. I got people telling me, 'Hey did you hear the Prime Minister say that he was going to restore the exchange rate to its original amount?' Yeah I heard him say that...When Al-Sudani said he was going to restore the Iraqi dinar back to its original rate, people are going, 'Oh, man he's talking about $3.48 or $3.22!' That's not what he's talking about...the value of the Iraqi dinar is 1450 for all of its exports but all of its imports is 1660. I'm over simplifying things...when you have parallel exchanges they should always be close to one another. Right now it's not.
2-1-2023 Intel Guru MarkZ [via PDK] Big thanks to [Guru] Nader for this…they are openly talking on Iraqi Television about the need to substantially change the rate of the IQD. This is a wide open conversation there. Sudani has said they will move to $3.48 and restore it’s value. It is out in the open… hearing mixed things from upper level banking contacts. From “It’s moving forward to…no it hasn’t yet, but give it a little time…There was a lot of anticipation for today…so lets see how today develops. Nobody knows the exact timing…but we know we are close.
2-1-2023 Newshound Guru Samson Article: "Sudanese to citizens: Do not acquire the dollar.. The dinar is stronger" Strong Dinar - Change is to come.
2-1-2023 Intel Guru Frank26 There's a big meeting that's occurring in Washington DC because of the Central Bank of Iraq's monetary reform. Because Sudani the prime minister of Iraq, because of the new governor Alaq of the CBI. It's a BIG meeting. It's the 3rd one...It's for the Iraqi dinar against the American dollar. It's the only reason.
2-1-2023 Guru Nader From The Mid East Sudani announced it. He said in Arabic...he's going to put back the dollar to his real value. That's what he said exactly [in Arabic]. His real value is $3.48...When? I don't know. Let's see what happens today and tomorrow...
2-1-2023 Intel Guru MarkZ [via PDK] Remember Warren Buffet invested in this…Donald Trump has invested in this…. Warren Buffet said years ago that the dinar is a great long term investment when he purchased his. And many politicians have invested in this…If it were a scam…it is one that will take a couple hundred million people by surprise…including some of the smartest people in the world.
2-1-2023 Intel Guru Frank26 Article: "urgent... Central Bank Governor: We will issue decisions to reduce the dollar and two meetings with the American side within two days" IMO THE NEW CBI GOV HAS CHANGED THE SPEED OF THE MONETARY REFORM.
2-1-2023 Newshound Guru Sandy Ingram The new cabinet is forcing stores and institutions to use Point of Sale transactions...POS are exempt from taxes...implementation effective June 1 2023. This sounds like a digital economy to me. Iraq is getting control over transactions and the flow of money. We can only hope this will lead to a higher rate exchange in the future.
2-1-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
2-1-2023 Intel Guru MarkZ [via PDK] Nothing negative today…With the bank chatter-A number of sources are saying the meetings in DC are going swimmingly…as they lay out the final groundwork for this. The chatter really has been fantastic. I am hearing positive things on the speed at which they plan on executing our payouts etc… There was fantastic chatter from DC and New York today to get this thing released. Things are very positive that they have pounded out the final arrangements that need to be made...About the rates floating around…they may just be place holders…we don’t know...We have seen $3.70 to $3.90 …the rate that most have reported seeing in $3.81. Hopefully this will be what the people on the ground in Iraq can expect…they deserve it.
2-1-2023 Guru Nader From The Mid East [Iraqi TV new report translated] "Muhammad al-Shi'i...The specialists said that Al-Sudani's statement that the dinar is stronger than the dollar implies two things. The first is a prospective decision that may reduce the dollar against the dinar that is less than 146 [1460 ?] and...restore my confidence for the dinar and the issue of dealing with it...As for the second explanation, the Sudanese wants to reduce the demand for the dollar especially with informal dealers who do not go to the window to sell the currency but rather go for a company for exchange companies the parallel market."
2-1-2023 Newshound/Intel Guru Mnt Goat So, it was time to catch up with my contact in the CBI... What I found out through my conversation is that they know they must stop the corruption and now they are taking bold steps to allow any foreign currency including the dinar to pay outside debts to other countries. Question: How long will this take to make an impact? Answer: I was told they expect a couple weeks at most since most merchants already have dinars they will probably pay in dinars. The other countries already agreed to take them. This was the problem before since the embargo of 1990 no other country wanted the dinar as it was too speculative.
2-1-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There's a certain amount allowed to pay Iran for electricity but USA has proof that still large amounts of dollars are being sent to Iran. This delegation has to explain to Washington DC and being held accountable. All this must be handled and destroyed...
2-1-2023 Newshound Guru Pimpy The rumors are swelling away. I got people telling me, 'Hey did you hear the Prime Minister say that he was going to restore the exchange rate to its original amount?' Yeah I heard him say that...When Al-Sudani said he was going to restore the Iraqi dinar back to its original rate, people are going, 'Oh, man he's talking about $3.48 or $3.22!' That's not what he's talking about...the value of the Iraqi dinar is 1450 for all of its exports but all of its imports is 1660. I'm over simplifying things...when you have parallel exchanges they should always be close to one another. Right now it's not.
2-1-2023 Intel Guru MarkZ [via PDK] Big thanks to [Guru] Nader for this…they are openly talking on Iraqi Television about the need to substantially change the rate of the IQD. This is a wide open conversation there. Sudani has said they will move to $3.48 and restore it’s value. It is out in the open… hearing mixed things from upper level banking contacts. From “It’s moving forward to…no it hasn’t yet, but give it a little time…There was a lot of anticipation for today…so lets see how today develops. Nobody knows the exact timing…but we know we are close.
2-1-2023 Newshound Guru Samson Article: "Sudanese to citizens: Do not acquire the dollar.. The dinar is stronger" Strong Dinar - Change is to come.
2-1-2023 Intel Guru Frank26 There's a big meeting that's occurring in Washington DC because of the Central Bank of Iraq's monetary reform. Because Sudani the prime minister of Iraq, because of the new governor Alaq of the CBI. It's a BIG meeting. It's the 3rd one...It's for the Iraqi dinar against the American dollar. It's the only reason.
2-1-2023 Guru Nader From The Mid East Sudani announced it. He said in Arabic...he's going to put back the dollar to his real value. That's what he said exactly [in Arabic]. His real value is $3.48...When? I don't know. Let's see what happens today and tomorrow...
2-1-2023 Intel Guru MarkZ [via PDK] Remember Warren Buffet invested in this…Donald Trump has invested in this…. Warren Buffet said years ago that the dinar is a great long term investment when he purchased his. And many politicians have invested in this…If it were a scam…it is one that will take a couple hundred million people by surprise…including some of the smartest people in the world.
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1-31-2023 Intel Guru Frank26 The meeting that is happening in Washington right now. It is a very big significant meeting... D.C. is receiving the instructions of what the Central Bank of Iraq is about to do with the exchange rate of the Iraqi dinar against the dollar. They are positioning it. Preparing it to float internationally...
1-31-2023 Intel Guru MarkZ [via PDK] ...Al Sudani says hes going to put back the dollar to the true, real value of $3.48. [1 Dinar = $3.48 usd] ...when he says something…he gets it done. He will not take his eyes off the target and his target is to restore Iraq to its former glory and to move forward to be a key player on the world stage. This is coming from [Guru] Nader and local sources in Iraq. The progress Iraq has gotten done under Sudani’s leadership is immense. I told you all the news was a yo-yo …lots of articles throwing out all sorts of rates…but watch the hand playing the yo-yo…It’s Sudanis hand…and Sudani is saying he wants a return to value of $3.48...This news is awesome. I still believe we will see it extremely soon but if we don’t see it tonight I certainly won’t be jumping off a bridge, especially with Sudani’s comments in Iraq’s local markets today.
1-31-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-31-2023 Newshound Guru Breitling On what they want to do with their currency, they said they want to add value to it. And that's it. You don't need anybody else. You don't need me. You don't need other news articles...you only need the opinions from people who actually manage the currency and the people who pass laws that give people who manage the currency authority. That's it. Where does my confidence come from? It comes from that. It comes from the very top. And if they get it wrong there is nothing we can do about it. I don't have any opinions outside of that. [Post 2 of 2]
1-31-2023 Newshound Guru Breitling If someone came off the streets and said... 'you talk about authority. Where do you get the information to get imperial data? Where do you get the information to make a decision on? And where does that fit with Iraq?' Very simple. The Ministry of Planning, the Ministry of Finance, Iraq's central bank. Everything I've come up with has come from those guys. [Post 1 of 2....stay tuned]
1-31-2023 Newshound Guru Sandy Ingram I remind you once again, you will only need to travel to exchange your IQD IF Iraq prints new money.
1-31-2023 Intel Guru MarkZ [via PDK] “Iraq is seeking full membership in the International Financial Action Organization” I think this one is important because they cannot get full membership without a meaningful currency change…according to most experts. And I agree with them.
1-31-2023 Newshound/Intel Guru Mnt Goat WOW! So much news once again about the dinar and... today we are hearing many surprises...The CBI is going to allow any currency to be accepted by the banks in addition to dinar and US dollars. But also to pay for imports and the bills of merchants with other currencies, besides dinar but including dinar. Folks we have been waiting a long time to hear such good news. ...we are going to get the reinstatement very shortly now. Just hang tight a bit longer.
1-31-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see on television news another delegation from Iraq banks is being told to go to the USA. This will be the 3rd group that goes there and meets again with the feds on why large amounts of dollars is being smuggled to private bank accounts inside of Iraq.
1-31-2023 Newshound Guru Militia Man The Uproar has been about the exchange rate...the exchange rate in an official capacity is at 1460. The street rate is about 1600...that may sound like a bad thing but it may not be because what's it's doing is it's going to apply more pressure for the central bank to take action. And I believe they are taking action.
1-31-2023 Newshound Guru Clare Article: "The US Federal Reserve will meet tomorrow regarding the dollar in Iraq" Quote: "The US Federal Bank will hold a meeting tomorrow, Tuesday, in which it will study Iraq's proposals to curb the dollar's rise."
1-31-2023 Intel Guru MarkZ [via PDK] Still hearing from the banking side that there are great expectations for the next 24 hours...Most of the chatter out there is they are still squarely looking at overnight tonight and into the morning.
1-31-2023 Newshound Guru Pimpy It's starting to look like Iraq along with several other countries are in a serious currency crisis...
1-31-2023 Intel Guru Frank26 Article: "The US Federal Reserve will meet tomorrow regarding the dollar in Iraq" THIS IS A VERY BIG MEETING! Quote: "The US Federal Bank will hold a meeting tomorrow, Tuesday, in which it will study Iraq's proposals to curb the dollar's rise."
1-31-2023 Intel Guru MarkZ [via PDK] ”The Governor of the Central Bank presents to Parliament a plan to adjust the dollar exchange rate” There is a tremendous amount of back and forth going on…. This is the yo-yo. This is the same yo-yo we saw in Kuwait. This is the same yo-yo we saw in china before their revaluation in the late 90’s…. This is the same yo-yo we saw from Germany after WW2... I thought the roller coaster was interesting before this…but over the last 2-3 days…this yo-yo is strong...Like [Guru] Nader says…the fundamentals are strong. Things are solid. And they will keep playing this game with us and the whole world until they pull the trigger.
1-31-2023 Intel Guru yada I pay very little attention to those who are looking for the release of the RI without understanding where we are in the process. In the scheme of things and the way money moves around the globe, Iraq really is on the verge of releasing internationally their currency. Too much as transpired to not see the release and this is something that can't be pulled back. The whole world is affected by this release and they are prepared to receive it.
1-31-2023 Intel Guru Frank26 The meeting that is happening in Washington right now. It is a very big significant meeting... D.C. is receiving the instructions of what the Central Bank of Iraq is about to do with the exchange rate of the Iraqi dinar against the dollar. They are positioning it. Preparing it to float internationally...
1-31-2023 Intel Guru MarkZ [via PDK] ...Al Sudani says hes going to put back the dollar to the true, real value of $3.48. [1 Dinar = $3.48 usd] ...when he says something…he gets it done. He will not take his eyes off the target and his target is to restore Iraq to its former glory and to move forward to be a key player on the world stage. This is coming from [Guru] Nader and local sources in Iraq. The progress Iraq has gotten done under Sudani’s leadership is immense. I told you all the news was a yo-yo …lots of articles throwing out all sorts of rates…but watch the hand playing the yo-yo…It’s Sudanis hand…and Sudani is saying he wants a return to value of $3.48...This news is awesome. I still believe we will see it extremely soon but if we don’t see it tonight I certainly won’t be jumping off a bridge, especially with Sudani’s comments in Iraq’s local markets today.
1-31-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-31-2023 Newshound Guru Breitling On what they want to do with their currency, they said they want to add value to it. And that's it. You don't need anybody else. You don't need me. You don't need other news articles...you only need the opinions from people who actually manage the currency and the people who pass laws that give people who manage the currency authority. That's it. Where does my confidence come from? It comes from that. It comes from the very top. And if they get it wrong there is nothing we can do about it. I don't have any opinions outside of that. [Post 2 of 2]
1-31-2023 Newshound Guru Breitling If someone came off the streets and said... 'you talk about authority. Where do you get the information to get imperial data? Where do you get the information to make a decision on? And where does that fit with Iraq?' Very simple. The Ministry of Planning, the Ministry of Finance, Iraq's central bank. Everything I've come up with has come from those guys. [Post 1 of 2....stay tuned]
1-31-2023 Newshound Guru Sandy Ingram I remind you once again, you will only need to travel to exchange your IQD IF Iraq prints new money.
1-31-2023 Intel Guru MarkZ [via PDK] “Iraq is seeking full membership in the International Financial Action Organization” I think this one is important because they cannot get full membership without a meaningful currency change…according to most experts. And I agree with them.
1-31-2023 Newshound/Intel Guru Mnt Goat WOW! So much news once again about the dinar and... today we are hearing many surprises...The CBI is going to allow any currency to be accepted by the banks in addition to dinar and US dollars. But also to pay for imports and the bills of merchants with other currencies, besides dinar but including dinar. Folks we have been waiting a long time to hear such good news. ...we are going to get the reinstatement very shortly now. Just hang tight a bit longer.
1-31-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see on television news another delegation from Iraq banks is being told to go to the USA. This will be the 3rd group that goes there and meets again with the feds on why large amounts of dollars is being smuggled to private bank accounts inside of Iraq.
1-31-2023 Newshound Guru Militia Man The Uproar has been about the exchange rate...the exchange rate in an official capacity is at 1460. The street rate is about 1600...that may sound like a bad thing but it may not be because what's it's doing is it's going to apply more pressure for the central bank to take action. And I believe they are taking action.
1-31-2023 Newshound Guru Clare Article: "The US Federal Reserve will meet tomorrow regarding the dollar in Iraq" Quote: "The US Federal Bank will hold a meeting tomorrow, Tuesday, in which it will study Iraq's proposals to curb the dollar's rise."
1-31-2023 Intel Guru MarkZ [via PDK] Still hearing from the banking side that there are great expectations for the next 24 hours...Most of the chatter out there is they are still squarely looking at overnight tonight and into the morning.
1-31-2023 Newshound Guru Pimpy It's starting to look like Iraq along with several other countries are in a serious currency crisis...
1-31-2023 Intel Guru Frank26 Article: "The US Federal Reserve will meet tomorrow regarding the dollar in Iraq" THIS IS A VERY BIG MEETING! Quote: "The US Federal Bank will hold a meeting tomorrow, Tuesday, in which it will study Iraq's proposals to curb the dollar's rise."
1-31-2023 Intel Guru MarkZ [via PDK] ”The Governor of the Central Bank presents to Parliament a plan to adjust the dollar exchange rate” There is a tremendous amount of back and forth going on…. This is the yo-yo. This is the same yo-yo we saw in Kuwait. This is the same yo-yo we saw in china before their revaluation in the late 90’s…. This is the same yo-yo we saw from Germany after WW2... I thought the roller coaster was interesting before this…but over the last 2-3 days…this yo-yo is strong...Like [Guru] Nader says…the fundamentals are strong. Things are solid. And they will keep playing this game with us and the whole world until they pull the trigger.
1-31-2023 Intel Guru yada I pay very little attention to those who are looking for the release of the RI without understanding where we are in the process. In the scheme of things and the way money moves around the globe, Iraq really is on the verge of releasing internationally their currency. Too much as transpired to not see the release and this is something that can't be pulled back. The whole world is affected by this release and they are prepared to receive it.
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1-30-2023 Intel Guru MarkZ [via PDK] Question: Mark people are saying they are hearing $28 PER Dinar. I think it’s crazy, your thoughts? MarkZ Answer: I do not think it could be that high. I know Dr. Shabibi who was one of the smartest economists in the world, once said that Iraq could easily justify a rate of $14-$18 dollars. He was the architect of this revaluation. When he came up with numbers oil was selling for around $30 per barrel.
1-30-2023 Newshound/Intel Guru Walkingstick [via Frank26] Sudani is clamping down on news agencies. The rumors have come to an end. The lies are dissipating. The articles are becoming more factual with the monetary reform education. All the contradictions Iran, the framework and Maliki did is under control.
1-30-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-30-2023 Intel Guru Frank26 IMO the CBI knows when they are going to give you [Iraqi citizens] your new small category notes and the new exchange rate...In other words...there is a target. And it's coming.
1-30-2023 Intel Guru MarkZ [via PDK] ...the banking chatter...is really off the hook from Europe, Scandinavia and other countries. Bankers are extremely upbeat about the next 30+ hours...The hope is that Iraq will announce late in the day tomorrow …and our exchanges starting Wednesday. I do not know how accurate this is. I am cautious about the number of places announcing this… I have heard from a overwhelming number of sources that agree on this…. Many bankers are giving me this same news. I am just worried they are again setting up a bad guy or two to take a fall. They have done this in the past...I do feel that this is exceptionally close...
1-30-2023 Newshound/Intel Guru Paulette I keep seeing all this about the ISX going "International"...The only thing I saw is the announcement that they are instituting the online trading platform for the traders and that this program had been being utilized and tested by one of the brokerages for a period of time...there have been International investors in the ISX for years... Ultimately, the only thing that matters to me is what the CBI does. The ISX just conducts trading based on the official CBI rate. Hopefully, when there is a significant rate change, the actual ISX numbers don't actually change, just the value of what it represents just as when they changed the rate from 1190 to 1460.
1-30-2023 Guru Nader From The Mid East You heard before the 29th it's gonna go international. The 30th it's not international. What's gonna happen? We don't know. Their rate will be $3.80 I read somewhere... Wow. I don't think so...
1-30-2023 Newshound Guru Sandy Ingram Article: "Iraqi Delegation Due In US Over Banking Restrictions Fro Dollar Smuggling To Iran" Iraqi officials are scheduled to meet in Washington early in February to explain why the smuggling of dollars from Iraq to Iran. This is serious. Evidently there is proof Iraq providing Iran with US dollars over and above the agreement for payment for the electricity.
1-30-2023 Intel Guru MarkZ [via PDK] ...The US seems to be pushing for a lower rate and not the rate Iraq needs. There is a lot of push-back coming from Iraq. Iraq no longer wants to be a proxy of the US anymore and are positioning themselves not to be. Article: “Prime Ministers visit to Washington is not on the table now” They have stalled their visit to DC. It could be because they intend to RV alone and kick the US to the curb?
1-30-2023 Newshound Guru Pimpy Let's get back to Iraq because their currency is going to hell in a hand basket...Prior to the 2020 devaluation of the Iraqi currency we were getting 1190 dinars for every dollar. We are heading in the direction of getting 1750 dinars which is a huge devaluation [NOTE: Going up is bad for us]. It's going in the wrong direction. Basically it's getting to the point where the Iraqi dinar is about as valuable as the Zim dollar...
1-30-2023 Newshound/Intel Guru RVAlready ...just because we might not be rich today does not cancel all of the progress that has been made. Today, as a target was promulgated on ISX going onto NASDAQ today...Per news articles today, ISX signed a new agreement with NASDAQ. It says nothing of a start date for trading.
1-30-2023 Newshound Guru Henig Article: "The strategic agreement and the international chapter VII allow Iraq to request assistance from America regarding the rise in the dollar" ...Notice that Chapter VII invocation...
1-30-2023 Intel Guru MarkZ [via PDK] We have a bunch of news coming out of Iraq this weekend. They are showing the ISX is listed on Nasdaq but I don’t see any trading yet. But this is a huge development. This is a FIRST in this entire process and an exceptionally good sign. I can tell you the goal is still to flip the switch and the system between the 31st and the 1st. I am hearing this from all of my sources. At the same time if we wake up Wednesday without a new rate - I am not going to panic because we are watching it all play out. The news is overwhelming... I am getting constant updates from the banking side and from the government side and from every other side…folks are ecstatic right now.
1-30-2023 Newshound Guru Militia Man In the last few days what we have seen is a quickening for things to happen because of what the United States Federal Reserve has done by deleting the US dollar from the [Iraqi] street...that's an ongoing process. That's not going to quit.
1-30-2023 Newshound/Intel Guru Mnt Goat ...Banks don’t get notified, get it! This would be called “insider trading”. The US Treasury is not going to notify the banks prior to a rate change of any of the currencies. Yes, the QMF does show a new rate for the IQD and it was $3.80 last time I checked. But this does not mean this is the rate they will necessarily show on FOREX. ...
1-30-2023 Intel Guru MarkZ [via PDK] Question: Mark people are saying they are hearing $28 PER Dinar. I think it’s crazy, your thoughts? MarkZ Answer: I do not think it could be that high. I know Dr. Shabibi who was one of the smartest economists in the world, once said that Iraq could easily justify a rate of $14-$18 dollars. He was the architect of this revaluation. When he came up with numbers oil was selling for around $30 per barrel.
1-30-2023 Newshound/Intel Guru Walkingstick [via Frank26] Sudani is clamping down on news agencies. The rumors have come to an end. The lies are dissipating. The articles are becoming more factual with the monetary reform education. All the contradictions Iran, the framework and Maliki did is under control.
1-30-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-30-2023 Intel Guru Frank26 IMO the CBI knows when they are going to give you [Iraqi citizens] your new small category notes and the new exchange rate...In other words...there is a target. And it's coming.
1-30-2023 Intel Guru MarkZ [via PDK] ...the banking chatter...is really off the hook from Europe, Scandinavia and other countries. Bankers are extremely upbeat about the next 30+ hours...The hope is that Iraq will announce late in the day tomorrow …and our exchanges starting Wednesday. I do not know how accurate this is. I am cautious about the number of places announcing this… I have heard from a overwhelming number of sources that agree on this…. Many bankers are giving me this same news. I am just worried they are again setting up a bad guy or two to take a fall. They have done this in the past...I do feel that this is exceptionally close...
1-30-2023 Newshound/Intel Guru Paulette I keep seeing all this about the ISX going "International"...The only thing I saw is the announcement that they are instituting the online trading platform for the traders and that this program had been being utilized and tested by one of the brokerages for a period of time...there have been International investors in the ISX for years... Ultimately, the only thing that matters to me is what the CBI does. The ISX just conducts trading based on the official CBI rate. Hopefully, when there is a significant rate change, the actual ISX numbers don't actually change, just the value of what it represents just as when they changed the rate from 1190 to 1460.
1-30-2023 Guru Nader From The Mid East You heard before the 29th it's gonna go international. The 30th it's not international. What's gonna happen? We don't know. Their rate will be $3.80 I read somewhere... Wow. I don't think so...
1-30-2023 Newshound Guru Sandy Ingram Article: "Iraqi Delegation Due In US Over Banking Restrictions Fro Dollar Smuggling To Iran" Iraqi officials are scheduled to meet in Washington early in February to explain why the smuggling of dollars from Iraq to Iran. This is serious. Evidently there is proof Iraq providing Iran with US dollars over and above the agreement for payment for the electricity.
1-30-2023 Intel Guru MarkZ [via PDK] ...The US seems to be pushing for a lower rate and not the rate Iraq needs. There is a lot of push-back coming from Iraq. Iraq no longer wants to be a proxy of the US anymore and are positioning themselves not to be. Article: “Prime Ministers visit to Washington is not on the table now” They have stalled their visit to DC. It could be because they intend to RV alone and kick the US to the curb?
1-30-2023 Newshound Guru Pimpy Let's get back to Iraq because their currency is going to hell in a hand basket...Prior to the 2020 devaluation of the Iraqi currency we were getting 1190 dinars for every dollar. We are heading in the direction of getting 1750 dinars which is a huge devaluation [NOTE: Going up is bad for us]. It's going in the wrong direction. Basically it's getting to the point where the Iraqi dinar is about as valuable as the Zim dollar...
1-30-2023 Newshound/Intel Guru RVAlready ...just because we might not be rich today does not cancel all of the progress that has been made. Today, as a target was promulgated on ISX going onto NASDAQ today...Per news articles today, ISX signed a new agreement with NASDAQ. It says nothing of a start date for trading.
1-30-2023 Newshound Guru Henig Article: "The strategic agreement and the international chapter VII allow Iraq to request assistance from America regarding the rise in the dollar" ...Notice that Chapter VII invocation...
1-30-2023 Intel Guru MarkZ [via PDK] We have a bunch of news coming out of Iraq this weekend. They are showing the ISX is listed on Nasdaq but I don’t see any trading yet. But this is a huge development. This is a FIRST in this entire process and an exceptionally good sign. I can tell you the goal is still to flip the switch and the system between the 31st and the 1st. I am hearing this from all of my sources. At the same time if we wake up Wednesday without a new rate - I am not going to panic because we are watching it all play out. The news is overwhelming... I am getting constant updates from the banking side and from the government side and from every other side…folks are ecstatic right now.
1-30-2023 Newshound Guru Militia Man In the last few days what we have seen is a quickening for things to happen because of what the United States Federal Reserve has done by deleting the US dollar from the [Iraqi] street...that's an ongoing process. That's not going to quit.
1-30-2023 Newshound/Intel Guru Mnt Goat ...Banks don’t get notified, get it! This would be called “insider trading”. The US Treasury is not going to notify the banks prior to a rate change of any of the currencies. Yes, the QMF does show a new rate for the IQD and it was $3.80 last time I checked. But this does not mean this is the rate they will necessarily show on FOREX. ...
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1-29-2023 Intel Guru Frank26 Article: "Al-Sudani acknowledges the existence of a rise in prices and says that the window for selling the currency "distorted" the financial and banking systems" Quote: "al-Sudani said, "A delegation headed by the Minister of Foreign Affairs...will visit Washington, bringing with it several files. One of these files will be dealt with with the US Federal Bank and the Treasury Department, to find out the repercussions of applying the standards set by the US Treasury in a way that guarantees the desired goal from all sides." A PROGRAM RATE IS NOT DESIRED BY EITHER SIDE... THAT IS WHY THE FINAL EXCLAMATION OF THE MONETARY REFORM IS BEING TAKEN TO WASHINGTON DC... IN MY OPINION...THE MONETARY REFORM EDUCATION GOES ACROSS THE POND TO DC!
1-29-2023 Newshound/Intel Guru RVAlready From what I just heard, if I understood correctly, all sales and use of the US dollar in Iraq end tomorrow. I doubt this stops all of the black market tomorrow. But it stops all official use of the dollar. This should allow an international RV tomorrow. We will see what happens.
1-29-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-29-2023 Newshound Guru Sandy Ingram The dinar went into a tail spin against the dollar after the New York Federal Reserve imposed tighter controls on international dollar transactions by commercial Iraqi banks in November to hold the illegal sharing of US dollars with Iran...The US is making it clear they will not tolerate violations of US sanctions against Iraq. There appears to be evidence of Iraq funneling large sums of US dollars into private bank account in Iran. This supposedly occurred shorty after the new prime minister was instated...
1-29-2023 Newshound Guru Clare Article "Independent deputy: Al- Sudani's visit to Washington is the only and last solution to the crisis of the dollar's rise" Quote: "If the visit is successful, the dollar exchange rate may drop to 1,450 dinars to its previous state."
1-29-2023 Guru Nader From The Mid East The 800#s, don't believe into it...Keep your money. Do not give it to anyone. Do not send it in the mail. Do not do anything. Do not trust anybody.
1-29-2023 Newshound Guru Henig Article: "Reuters: Washington imposed restrictions on Iraqi banks due to the breach of sanctions on Iran" Quote: "Washington imposed restrictions on Iraqi banks due to a violation of sanctions issued by the Iraqi authorities, pointing to Washington's intentions to apply the same restrictions to the rest of the countries in the region that prove their dealings with Iran or Russia outside the American conditions."
1-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: This new app the CBI is now talking about, why do all that to check the status of the exchange rate if nothing is going to change the rate? This is huge deal to tell us we can access from our phone. We know the rate is changing and that's why they want us to look and constantly be aware because the moment it changes we are to run to the banks. FRANK: ...It's stupid for them to tell you to look at the exchange rate in your app when you know damn well the exchange rate is killing you...Why are they telling you to do this? It's to prepare you...this is all part of the monetary reform education. It is marching forward...
1-29-2023 Guest Guru Suzie If all the intel/info is correct as being alluded to, tomorrow should be a BIG day...or if Iraq will jerk that famous flying carpet out from under us once again. Lets hope the ISX shows up International to us on Monday and they and us go forward!
1-29-2023 Newshound Guru Militia Man The goal is to get an international, Article VIII compliant currency so they can go out onto the ISX. We haven't heard them deny the ISX is going to go live tomorrow (today Sunday) as an international entity but we'll see what happens. We know that is something that's been on the plate...and the 29th was a target date so hopefully that happens...
1-29-2023 Newshound/Intel Guru Mnt Goat Article: "THE OVERTHROW OF SPECULATORS AND THE STREET GIVES THE CENTRAL BANK A WEEK TO SAVE THE DINAR" ...these dinar rates at even 1166, 1450, etc. are NOT acceptable. The true rate is being suppressed. There is a difference between the wording of “value” and “rate”. The value of the dinar never left the dinar since it is based on the oil they are pumping. In fact they are pumping almost 2/3 more since Saddam Hussein’s day. Plus, there is a huge CBI reserve $100 billion + and almost 38 ton stockpile of gold. So, to think they have to rehabilitate and grow their economy first to RV to the rate we are looking for is very, very foolish... The rate does not reflect the true value. Yes, if they grow their economy to greater heights, the value and thus the rate should then reflect the increase and go even higher. [Reference Guru Kaperoni's post 1-28-2023 below]
1-29-2023 Intel Guru Frank26 Article: "Al-Sudani acknowledges the existence of a rise in prices and says that the window for selling the currency "distorted" the financial and banking systems" Quote: "al-Sudani said, "A delegation headed by the Minister of Foreign Affairs...will visit Washington, bringing with it several files. One of these files will be dealt with with the US Federal Bank and the Treasury Department, to find out the repercussions of applying the standards set by the US Treasury in a way that guarantees the desired goal from all sides." A PROGRAM RATE IS NOT DESIRED BY EITHER SIDE... THAT IS WHY THE FINAL EXCLAMATION OF THE MONETARY REFORM IS BEING TAKEN TO WASHINGTON DC... IN MY OPINION...THE MONETARY REFORM EDUCATION GOES ACROSS THE POND TO DC!
1-29-2023 Newshound/Intel Guru RVAlready From what I just heard, if I understood correctly, all sales and use of the US dollar in Iraq end tomorrow. I doubt this stops all of the black market tomorrow. But it stops all official use of the dollar. This should allow an international RV tomorrow. We will see what happens.
1-29-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-29-2023 Newshound Guru Sandy Ingram The dinar went into a tail spin against the dollar after the New York Federal Reserve imposed tighter controls on international dollar transactions by commercial Iraqi banks in November to hold the illegal sharing of US dollars with Iran...The US is making it clear they will not tolerate violations of US sanctions against Iraq. There appears to be evidence of Iraq funneling large sums of US dollars into private bank account in Iran. This supposedly occurred shorty after the new prime minister was instated...
1-29-2023 Newshound Guru Clare Article "Independent deputy: Al- Sudani's visit to Washington is the only and last solution to the crisis of the dollar's rise" Quote: "If the visit is successful, the dollar exchange rate may drop to 1,450 dinars to its previous state."
1-29-2023 Guru Nader From The Mid East The 800#s, don't believe into it...Keep your money. Do not give it to anyone. Do not send it in the mail. Do not do anything. Do not trust anybody.
1-29-2023 Newshound Guru Henig Article: "Reuters: Washington imposed restrictions on Iraqi banks due to the breach of sanctions on Iran" Quote: "Washington imposed restrictions on Iraqi banks due to a violation of sanctions issued by the Iraqi authorities, pointing to Washington's intentions to apply the same restrictions to the rest of the countries in the region that prove their dealings with Iran or Russia outside the American conditions."
1-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: This new app the CBI is now talking about, why do all that to check the status of the exchange rate if nothing is going to change the rate? This is huge deal to tell us we can access from our phone. We know the rate is changing and that's why they want us to look and constantly be aware because the moment it changes we are to run to the banks. FRANK: ...It's stupid for them to tell you to look at the exchange rate in your app when you know damn well the exchange rate is killing you...Why are they telling you to do this? It's to prepare you...this is all part of the monetary reform education. It is marching forward...
1-29-2023 Guest Guru Suzie If all the intel/info is correct as being alluded to, tomorrow should be a BIG day...or if Iraq will jerk that famous flying carpet out from under us once again. Lets hope the ISX shows up International to us on Monday and they and us go forward!
1-29-2023 Newshound Guru Militia Man The goal is to get an international, Article VIII compliant currency so they can go out onto the ISX. We haven't heard them deny the ISX is going to go live tomorrow (today Sunday) as an international entity but we'll see what happens. We know that is something that's been on the plate...and the 29th was a target date so hopefully that happens...
1-29-2023 Newshound/Intel Guru Mnt Goat Article: "THE OVERTHROW OF SPECULATORS AND THE STREET GIVES THE CENTRAL BANK A WEEK TO SAVE THE DINAR" ...these dinar rates at even 1166, 1450, etc. are NOT acceptable. The true rate is being suppressed. There is a difference between the wording of “value” and “rate”. The value of the dinar never left the dinar since it is based on the oil they are pumping. In fact they are pumping almost 2/3 more since Saddam Hussein’s day. Plus, there is a huge CBI reserve $100 billion + and almost 38 ton stockpile of gold. So, to think they have to rehabilitate and grow their economy first to RV to the rate we are looking for is very, very foolish... The rate does not reflect the true value. Yes, if they grow their economy to greater heights, the value and thus the rate should then reflect the increase and go even higher. [Reference Guru Kaperoni's post 1-28-2023 below]
1-28-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-28-2023 Newshound Guru Henig Article "Iraq gets about $100 million annually from aircraft crossing its airspace" Quote "the rate of aircraft passing through Iraqi airspace is about 600 aircraft per day, and according to the plans set, this number is scheduled to increase in the coming period due to the strategic location that Iraq enjoys, which makes it an important transit area for all international airlines, and that the company is now working on Expanding the scope of its work by modernizing the Iraqi airspace and opening new air corridors with all neighboring countries." [Reference Guru Kaperoni's post below]
1-28-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: The USA is helping with farming here in Iraq to diversify us more than just oil. [NOTE: Reference Guru Kaperoni's post below]
1-28-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-28-2023 Guru Nader From The Mid East Iraq soon would be not dependent on only oil. They have a lot of things working on - tourism, business...import export...that's good news. [Note: Reference Guru Kaperoni's post below]
1-28-2023 Newshound Guru Henig Article: "Trade is likely to reach the wheat crop to 5 million tons" Quote: "The Ministry of Agriculture hinted at the possibility of Iraq reaching the stage of "self-sufficiency" in wheat in 2023 due to the expected amounts of rain...And that if things go according to plan and with the expected amounts of rain, we will reach self-sufficiency in the wheat crop, which represents the first food security for the country, he said." [Reference Guru Kaperoni's post below]
1-28-2023 Newshound/Intel Guru RVAlready ... I think we may be up to bat on Monday...Finish line coming up.
1-28-2023 Newshound Guru Sandy Ingram Question: "Is the IQD a good investment?" The answer to this is yes. Except for people are scamming people by selling the Iraqi dinar for higher rates and changing rates of 20% extra to purchase the dinar.
1-28-2023 Newshound Guru Henig Article: "After a 3-year hiatus, the resumption of freight traffic between Iraq and Syria" [Reference Guru Kaperoni's post below]
1-28-2023 Intel Guru MarkZ [via PDK] The news is pretty quiet which is totally what we expected overnight. There are however, many more confirmations of what their target is. Their goal is the crossover between the 31st and the 1st…Tuesday night into Wednesday...the chatter is still remaining overwhelming...It’s exciting. And it is close...I feel pretty confident we are at the finish line... Right now I am at 90% sure we will wake up to it on the first and whole different world...At this point I am not expecting a float. Everything I am seeing right now points to a set, stabe, measured change in values.
1-28-2023 Newshound Guru Kaperoni Be assured nothing is happening with the dinar until Iraq diversifies their economy.
1-28-2023 Newshound Guru Clare Article: "Al-Sudani acknowledges the existence of a rise in prices and says that the window for selling the currency "distorted" the financial and banking systems" Quote: "One of these files will be dealt with with the US Federal Bank and the Treasury Department, to find out the repercussions of applying the standards set by the US Treasury in a way that guarantees the desired goal from all sides."
1-28-2023 Intel Guru Frank26 Article: "Al-Sudani acknowledges the existence of a rise in prices and says that the window for selling the currency "distorted" the financial and banking systems" DISTORTED BECAUSE THEY DEPEGGED & ARE PREPARING TO FLOAT INTERNATIONALLY Quote: "Al-Sudani said, There is a rise in prices as a result of fluctuations in the exchange rate of the dollar, but overall our financial situation is the best since 2003.."
1-28-2023 Newshound/Intel Guru Mnt Goat ...we had some “WOW” news this week with the inauguration of Ali Alaq as the director of the Central Bank once again. No, he is absolutely not in a proxy position...We must stop for a moment and ask the significance of this move by Al-Sudani to appoint Ali Alaq back as director... he was very ambitious and wanted to bring back the prestige of the dinar... [See Guru Mnt Goat's Rate Chart on 1-27-2023 below] I believe we can expect the same sort of communication...about where we stand with the project to delete the zeros and any move to go international...This will probably take place in a week or two.
1-28-2023 Newshound Guru Henig Article "Iraq gets about $100 million annually from aircraft crossing its airspace" Quote "the rate of aircraft passing through Iraqi airspace is about 600 aircraft per day, and according to the plans set, this number is scheduled to increase in the coming period due to the strategic location that Iraq enjoys, which makes it an important transit area for all international airlines, and that the company is now working on Expanding the scope of its work by modernizing the Iraqi airspace and opening new air corridors with all neighboring countries." [Reference Guru Kaperoni's post below]
1-28-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: The USA is helping with farming here in Iraq to diversify us more than just oil. [NOTE: Reference Guru Kaperoni's post below]
1-28-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-28-2023 Guru Nader From The Mid East Iraq soon would be not dependent on only oil. They have a lot of things working on - tourism, business...import export...that's good news. [Note: Reference Guru Kaperoni's post below]
1-28-2023 Newshound Guru Henig Article: "Trade is likely to reach the wheat crop to 5 million tons" Quote: "The Ministry of Agriculture hinted at the possibility of Iraq reaching the stage of "self-sufficiency" in wheat in 2023 due to the expected amounts of rain...And that if things go according to plan and with the expected amounts of rain, we will reach self-sufficiency in the wheat crop, which represents the first food security for the country, he said." [Reference Guru Kaperoni's post below]
1-28-2023 Newshound/Intel Guru RVAlready ... I think we may be up to bat on Monday...Finish line coming up.
1-28-2023 Newshound Guru Sandy Ingram Question: "Is the IQD a good investment?" The answer to this is yes. Except for people are scamming people by selling the Iraqi dinar for higher rates and changing rates of 20% extra to purchase the dinar.
1-28-2023 Newshound Guru Henig Article: "After a 3-year hiatus, the resumption of freight traffic between Iraq and Syria" [Reference Guru Kaperoni's post below]
1-28-2023 Intel Guru MarkZ [via PDK] The news is pretty quiet which is totally what we expected overnight. There are however, many more confirmations of what their target is. Their goal is the crossover between the 31st and the 1st…Tuesday night into Wednesday...the chatter is still remaining overwhelming...It’s exciting. And it is close...I feel pretty confident we are at the finish line... Right now I am at 90% sure we will wake up to it on the first and whole different world...At this point I am not expecting a float. Everything I am seeing right now points to a set, stabe, measured change in values.
1-28-2023 Newshound Guru Kaperoni Be assured nothing is happening with the dinar until Iraq diversifies their economy.
1-28-2023 Newshound Guru Clare Article: "Al-Sudani acknowledges the existence of a rise in prices and says that the window for selling the currency "distorted" the financial and banking systems" Quote: "One of these files will be dealt with with the US Federal Bank and the Treasury Department, to find out the repercussions of applying the standards set by the US Treasury in a way that guarantees the desired goal from all sides."
1-28-2023 Intel Guru Frank26 Article: "Al-Sudani acknowledges the existence of a rise in prices and says that the window for selling the currency "distorted" the financial and banking systems" DISTORTED BECAUSE THEY DEPEGGED & ARE PREPARING TO FLOAT INTERNATIONALLY Quote: "Al-Sudani said, There is a rise in prices as a result of fluctuations in the exchange rate of the dollar, but overall our financial situation is the best since 2003.."
1-28-2023 Newshound/Intel Guru Mnt Goat ...we had some “WOW” news this week with the inauguration of Ali Alaq as the director of the Central Bank once again. No, he is absolutely not in a proxy position...We must stop for a moment and ask the significance of this move by Al-Sudani to appoint Ali Alaq back as director... he was very ambitious and wanted to bring back the prestige of the dinar... [See Guru Mnt Goat's Rate Chart on 1-27-2023 below] I believe we can expect the same sort of communication...about where we stand with the project to delete the zeros and any move to go international...This will probably take place in a week or two.
1-27-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-27-2023 Intel Guru yada ...the dinar has been positioned to increase in value internationally through the efforts of removing the dollar from their market. Not only removed from Iraq , all the contracts that go forth with Iraq from other countries will be paid in dinars. No converting to dollar, to dinar, then back to other currencies. Paid in dinar. This creates more value and good for us in the know.
1-27-2023 Newshound Guru Militia Man They're forcing effectively that Iraq needs to move on and to adjust their currency and to do so it will be reflected in their stock exchange...it's a two-fold situation. Once they hit that stock exchange [between now and the 29th] not only will they be able to buy the stocks within themselves...the world at large can come in electronically and digitally through separate platforms...Those separate platforms...will require the exchange rate change...to have an Article 8 compliant structure...we believe...the Central Bank governor Alaq has been brought back into the realm to do.
1-27-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-27-2023 Newshound Guru Henig Article "The currencies of Iran and Syria fell a lot after Washington scrutinized Iraq 's dealings in dollars"
1-27-2023 Intel Guru Frank26 Stop looking for words in my words. Very simply IMO the central bank of Iraq has already told the citizens of Iraq 'we have a new currency, we have a new exchange rate and we will give it to you.' If you don't like that argue with them don't argue with me...If you think my opinion is exaggerated or if you think my opinion is not coming out truthfully? It's the CBI's opinion for the love of...
1-27-2023 Intel Guru Bruce [via WiserNow] ...we are in that window of notification...we...should be notified between now and 7pm, Sunday night...we have been told that this should start for us, meaning exchanges...in the last three days of this month...I believe they intend to get us started this month...Nobody's talked about the first of February which is Wednesday - yet - So let's see how they handle that...Iraq is set and ready to go. We understand they've traded their opening value there in country rate up quite a bit...so far. And we're looking forward to our exchanges here.
1-27-2023 Intel Guru Frank26 Alaq is a good person for the completion of the monetary reform...the central bank governor it's only a title...I don't want you to worry about this switcheroo.
1-27-2023 Guru Nader From The Mid East I hope on the 29th it [the Iraqi dinar] goes on Forex...it can be international but it doesn't mean anything ... everyone is getting excited...enjoy your work. Enjoy it, maybe later you're not gonna work anymore so enjoy it now. Be happy...If you're working now and you're not retired enjoy your work. Go work happy...for now you gotta work. Don't be mad and sad and all that...don't stop your life.
1-27-2023 Intel Guru MarkZ [via PDK] ...the news from Iraq has been very quiet on the RV front overnight. There is a lot of chatter about logistics, who gets paid, and possibly the budget over the weekend...There is a whole lot of continued bank chatter. My contacts in Redemption centers, who also work in Wealth Management as their job...have been trained to process foreign currency. They are on call this weekend...they are expecting it to be a very hard work week next week...They are very excited about what is due to happen…. According to them…the first of the week and possibly over the weekend. Nothing appears to be dragging out…We know this is a “when” not an “if”...
1-27-2023 Newshound Guru Clare Article: "Independent deputy: Al-Sudani's visit to Washington is the only and last solution to the crisis of the dollar's rise"
1-27-2023 Newshound/Intel Guru RVAlready I think Iraq may, as usual, drag this out to the 31st. That will cause them problems, but will fit their historic pattern. I don’t see how they can blow past the 31st when their stock market is supposed to be live on NASDAQ on the 29th. Sudani has promised the world a revaluation by the 31st.
1-27-2023 Newshound Guru Sandy Ingram Article: "Iraqi dinar analysis" Quote: "Who is in charge of the IQD exchange rate? The Iraqi government determines the Iraqi dinar's value, and it does not fluctuate unless the central bank alters the exchange rate. This means that the government sets the currency price for sale and purchase." We also know the IMF and the World Bank plays an important decision in helping Iraq to decide.
1-27-2023 Intel Guru Frank26 Article: "An Iraqi delegation visits Washington to discuss the crisis of the rising dollar". THE EU & THE USA REMOVED IRAQ FROM THE LIST OF THE MOST CORRUPT NATIONS IN THE WORLD... LAST YEAR. THEREFORE SUDANI PREPARES THE IQD TO FLOAT.
1-27-2023 Newshound/Intel Guru Mnt Goat The graph below shows where Alaq wanted “to restore the prestige of the dinar”. This is where he said he wanted to go with the dinar. Look at the graph for 1940’s era.
1-27-2023 Intel Guru yada ...the dinar has been positioned to increase in value internationally through the efforts of removing the dollar from their market. Not only removed from Iraq , all the contracts that go forth with Iraq from other countries will be paid in dinars. No converting to dollar, to dinar, then back to other currencies. Paid in dinar. This creates more value and good for us in the know.
1-27-2023 Newshound Guru Militia Man They're forcing effectively that Iraq needs to move on and to adjust their currency and to do so it will be reflected in their stock exchange...it's a two-fold situation. Once they hit that stock exchange [between now and the 29th] not only will they be able to buy the stocks within themselves...the world at large can come in electronically and digitally through separate platforms...Those separate platforms...will require the exchange rate change...to have an Article 8 compliant structure...we believe...the Central Bank governor Alaq has been brought back into the realm to do.
1-27-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-27-2023 Newshound Guru Henig Article "The currencies of Iran and Syria fell a lot after Washington scrutinized Iraq 's dealings in dollars"
1-27-2023 Intel Guru Frank26 Stop looking for words in my words. Very simply IMO the central bank of Iraq has already told the citizens of Iraq 'we have a new currency, we have a new exchange rate and we will give it to you.' If you don't like that argue with them don't argue with me...If you think my opinion is exaggerated or if you think my opinion is not coming out truthfully? It's the CBI's opinion for the love of...
1-27-2023 Intel Guru Bruce [via WiserNow] ...we are in that window of notification...we...should be notified between now and 7pm, Sunday night...we have been told that this should start for us, meaning exchanges...in the last three days of this month...I believe they intend to get us started this month...Nobody's talked about the first of February which is Wednesday - yet - So let's see how they handle that...Iraq is set and ready to go. We understand they've traded their opening value there in country rate up quite a bit...so far. And we're looking forward to our exchanges here.
1-27-2023 Intel Guru Frank26 Alaq is a good person for the completion of the monetary reform...the central bank governor it's only a title...I don't want you to worry about this switcheroo.
1-27-2023 Guru Nader From The Mid East I hope on the 29th it [the Iraqi dinar] goes on Forex...it can be international but it doesn't mean anything ... everyone is getting excited...enjoy your work. Enjoy it, maybe later you're not gonna work anymore so enjoy it now. Be happy...If you're working now and you're not retired enjoy your work. Go work happy...for now you gotta work. Don't be mad and sad and all that...don't stop your life.
1-27-2023 Intel Guru MarkZ [via PDK] ...the news from Iraq has been very quiet on the RV front overnight. There is a lot of chatter about logistics, who gets paid, and possibly the budget over the weekend...There is a whole lot of continued bank chatter. My contacts in Redemption centers, who also work in Wealth Management as their job...have been trained to process foreign currency. They are on call this weekend...they are expecting it to be a very hard work week next week...They are very excited about what is due to happen…. According to them…the first of the week and possibly over the weekend. Nothing appears to be dragging out…We know this is a “when” not an “if”...
1-27-2023 Newshound Guru Clare Article: "Independent deputy: Al-Sudani's visit to Washington is the only and last solution to the crisis of the dollar's rise"
1-27-2023 Newshound/Intel Guru RVAlready I think Iraq may, as usual, drag this out to the 31st. That will cause them problems, but will fit their historic pattern. I don’t see how they can blow past the 31st when their stock market is supposed to be live on NASDAQ on the 29th. Sudani has promised the world a revaluation by the 31st.
1-27-2023 Newshound Guru Sandy Ingram Article: "Iraqi dinar analysis" Quote: "Who is in charge of the IQD exchange rate? The Iraqi government determines the Iraqi dinar's value, and it does not fluctuate unless the central bank alters the exchange rate. This means that the government sets the currency price for sale and purchase." We also know the IMF and the World Bank plays an important decision in helping Iraq to decide.
1-27-2023 Intel Guru Frank26 Article: "An Iraqi delegation visits Washington to discuss the crisis of the rising dollar". THE EU & THE USA REMOVED IRAQ FROM THE LIST OF THE MOST CORRUPT NATIONS IN THE WORLD... LAST YEAR. THEREFORE SUDANI PREPARES THE IQD TO FLOAT.
1-27-2023 Newshound/Intel Guru Mnt Goat The graph below shows where Alaq wanted “to restore the prestige of the dinar”. This is where he said he wanted to go with the dinar. Look at the graph for 1940’s era.
1-27-2023 Intel Guru MarkZ [via PDK] [Does it still look like some of the banks will have a redemption center inside?] Absolutely. The majority of the RC’s will simply be a bank branch equipped with trained, knowledgeable people and equipment for our currency exchanges. They count it right there in front of you and you get your deposit. So some will be stand alone buildings, and some may be just an office in the bank.
1-26-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-26-2023 Guru Nader From The Mid East The Iraqi dinar if it goes international...you don't have to travel nowhere to change your dinars. And the bank will do everything to get you in their doors...they're not stupid.
1-26-2023 Newshound Guru Militia Man Alaq has ultimate experience. He was the governor for the central bank for 6 years I believe. He has an impeccable CVs where he was an expert in anti-money laundering, anti-terrorism, all the banking practices, he's well known in Great Britain, United States and in the region for his talents. When he left his position he was promoted to the AMF so he would know about the digital electronic platform that is the Buna system...
1-26-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-26-2023 Intel Guru MarkZ [via PDK] ...there is a lot of chatter about Iraq going in the wee hours tonight/tomorrow morning. I think we may still be a couple of days premature…based on my gut…but I’m hearing it will be sooner than that from the sheer number of contacts that have reached out to me. ...The news today has been overwhelmingly awesome. I wish I could tell you everything but do not want to get myself in trouble so I can’t exchange.
1-26-2023 Intel Guru Frank26 IMO they know exactly when they want to introduce the new exchange rate and the new small category notes...And yes they're talking about the new small category notes because that's next, along with the new exchange rate, along with your [Iraqi's] new budget. Remember I called it the trifecta.
1-26-2023 Newshound/Intel Guru Walkingstick [via Frank26] IOO this is a very good step [Replacing the CBI governor] concerning the monetary reform because...nothing stopped! They just replaced him. It marches now at a faster pace...If Alaq is not on board with Sudani at his pace trust me he too will be replaced...no more nonsense.
1-26-2023 Intel Guru MarkZ [via PDK] “Iraqi Delegation to Washington to discuss easing US restrictions on banks“ These restrictions by the US caused the value of the dinar to slide at least 10%. ...the Iraqi government now has permission to change their value... They will lose decades of progress if they do not pull the trigger. So they are in Washington and want those restrictions lifted…then BAM we have a new value. That is the way I see it. I am in a “any moment” frame of mind.
1-26-2023 Newshound Guru Sandy Ingram Article - Iraqi dinar Analysis Quote: "When are the Iraqi dinar going to be revalued?" The Iraqi dinar's value is unlikely to change until 2026. The Iraqi Central Bank's spokesperson declared in March 2021 that the currency would remain set for the following four years. Another government official later that year acknowledged that the exchange rate had been set in government budgets." This more than likely surrounds the 'white papers'.
1-26-2023 Guru Nader From The Mid East Yesterday he [Sudani] made a decision to change it [the dinar exchange rate]...but he cannot change himself. He's got to push the CBI. He's gonna find a way to convince the CBI to change the dinar. But we don't know what it is though. I can be not a lot. I don't know if it's going to be 1 to 1 or 100 to 1 or 1000 to 1. I have no idea. He didn't say how much.
1-26-2023 Newshound Guru Henig Article: "The overthrow of speculators and the street gives the central bank a week to save the dinar" Quote: "Protesters gave, during mass demonstrations in front of the Central Bank building on Al-Rasheed Street in central Baghdad, the new governor, Ali Al-Alaq, a week to save the dinar from collapsing."
1-26-2023 Newshound Guru Militia Man We have the forecast that sometime between now and the 29th of this month the ISX is going to go international on platform to be able to trade internationally with the region and likely the globe. What that means to us is...ready to launch this platform.
1-26-2023 Intel Guru MarkZ [via PDK] Now, contrary to some of the rumors out there…this has not been announced yet in the streets…but it has been announced that they are going to do this…. My guess is there was a “behind the door” deal for them to keep their dates on exchanges. Things should get very interesting over the next few days. I am still hearing this is our month even though there is just a few days left. I am still hearing when it rolls over to Feb 1st they have revalued their currency. I pray this is accurate...I have a sense of peace that we are seeing the completion of this thing. [post 2 of 2]
1-26-2023 Intel Guru MarkZ [via PDK] “Abu Dhabi Securities Exchange (ADX)“ ISX is on the Abu Dhabi exchange! For those who can see there is a ticker running and it has listed as of today…who is on their stock exchange …and right there is listed the IQD or ISX.- Iraq is on a foreign exchange platform in Abu Dhabi today for trading. For that to occur I was told they need a sound currency. This is probably our biggest piece of news telling us how quickly we are moving forward. [post 1 of 2....stay tuned]
1-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: ...They keep talking about the new currency. We think they are referring to a new rate. We hoping so. We want to see the rate go back the other way to strengthen the dinar. We're still looking for it to turn back and move to 1180 or so and then 1 to 1. This is all what my bank friend told me. He said all the new baking platforms that have been put in place to support this. Looks like things are in place to make us use the dinar only in our country and this is a process and about to come into place.
1-26-2023 Newshound/Intel Guru Mnt Goat ... Is this a VERY GOOD time to conduct the project to delete the zeros and move to FOREX. Since there is a shortage of dinar and dollars on the streets it would be advantageous to do so. My impression is that it could not be a more favorable time in the history of this RV saga...
1-26-2023 Intel Guru Bruce [via WiserNow] They're all set and ready to go. Their currency will actually be traded on Sunday. Their first business day is Sunday, this coming Sunday. Okay, so that's gonna take place for Iraq - good for us...We don't know when - I'm not going to predict the time... but I’m hoping to say most likely Thursday...Iraq is good to go and they have a rate that is commensurate or higher than what Dr. Shabibi predicted 10 years ago at the International Chamber of Commerce meeting in Washington DC...we are at or above that rate now...let's see what happens.
1-26-2023 Guru Nader From The Mid East The Iraqi dinar if it goes international...you don't have to travel nowhere to change your dinars. And the bank will do everything to get you in their doors...they're not stupid.
1-26-2023 Newshound Guru Militia Man Alaq has ultimate experience. He was the governor for the central bank for 6 years I believe. He has an impeccable CVs where he was an expert in anti-money laundering, anti-terrorism, all the banking practices, he's well known in Great Britain, United States and in the region for his talents. When he left his position he was promoted to the AMF so he would know about the digital electronic platform that is the Buna system...
1-26-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-26-2023 Intel Guru MarkZ [via PDK] ...there is a lot of chatter about Iraq going in the wee hours tonight/tomorrow morning. I think we may still be a couple of days premature…based on my gut…but I’m hearing it will be sooner than that from the sheer number of contacts that have reached out to me. ...The news today has been overwhelmingly awesome. I wish I could tell you everything but do not want to get myself in trouble so I can’t exchange.
1-26-2023 Intel Guru Frank26 IMO they know exactly when they want to introduce the new exchange rate and the new small category notes...And yes they're talking about the new small category notes because that's next, along with the new exchange rate, along with your [Iraqi's] new budget. Remember I called it the trifecta.
1-26-2023 Newshound/Intel Guru Walkingstick [via Frank26] IOO this is a very good step [Replacing the CBI governor] concerning the monetary reform because...nothing stopped! They just replaced him. It marches now at a faster pace...If Alaq is not on board with Sudani at his pace trust me he too will be replaced...no more nonsense.
1-26-2023 Intel Guru MarkZ [via PDK] “Iraqi Delegation to Washington to discuss easing US restrictions on banks“ These restrictions by the US caused the value of the dinar to slide at least 10%. ...the Iraqi government now has permission to change their value... They will lose decades of progress if they do not pull the trigger. So they are in Washington and want those restrictions lifted…then BAM we have a new value. That is the way I see it. I am in a “any moment” frame of mind.
1-26-2023 Newshound Guru Sandy Ingram Article - Iraqi dinar Analysis Quote: "When are the Iraqi dinar going to be revalued?" The Iraqi dinar's value is unlikely to change until 2026. The Iraqi Central Bank's spokesperson declared in March 2021 that the currency would remain set for the following four years. Another government official later that year acknowledged that the exchange rate had been set in government budgets." This more than likely surrounds the 'white papers'.
1-26-2023 Guru Nader From The Mid East Yesterday he [Sudani] made a decision to change it [the dinar exchange rate]...but he cannot change himself. He's got to push the CBI. He's gonna find a way to convince the CBI to change the dinar. But we don't know what it is though. I can be not a lot. I don't know if it's going to be 1 to 1 or 100 to 1 or 1000 to 1. I have no idea. He didn't say how much.
1-26-2023 Newshound Guru Henig Article: "The overthrow of speculators and the street gives the central bank a week to save the dinar" Quote: "Protesters gave, during mass demonstrations in front of the Central Bank building on Al-Rasheed Street in central Baghdad, the new governor, Ali Al-Alaq, a week to save the dinar from collapsing."
1-26-2023 Newshound Guru Militia Man We have the forecast that sometime between now and the 29th of this month the ISX is going to go international on platform to be able to trade internationally with the region and likely the globe. What that means to us is...ready to launch this platform.
1-26-2023 Intel Guru MarkZ [via PDK] Now, contrary to some of the rumors out there…this has not been announced yet in the streets…but it has been announced that they are going to do this…. My guess is there was a “behind the door” deal for them to keep their dates on exchanges. Things should get very interesting over the next few days. I am still hearing this is our month even though there is just a few days left. I am still hearing when it rolls over to Feb 1st they have revalued their currency. I pray this is accurate...I have a sense of peace that we are seeing the completion of this thing. [post 2 of 2]
1-26-2023 Intel Guru MarkZ [via PDK] “Abu Dhabi Securities Exchange (ADX)“ ISX is on the Abu Dhabi exchange! For those who can see there is a ticker running and it has listed as of today…who is on their stock exchange …and right there is listed the IQD or ISX.- Iraq is on a foreign exchange platform in Abu Dhabi today for trading. For that to occur I was told they need a sound currency. This is probably our biggest piece of news telling us how quickly we are moving forward. [post 1 of 2....stay tuned]
1-26-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: ...They keep talking about the new currency. We think they are referring to a new rate. We hoping so. We want to see the rate go back the other way to strengthen the dinar. We're still looking for it to turn back and move to 1180 or so and then 1 to 1. This is all what my bank friend told me. He said all the new baking platforms that have been put in place to support this. Looks like things are in place to make us use the dinar only in our country and this is a process and about to come into place.
1-26-2023 Newshound/Intel Guru Mnt Goat ... Is this a VERY GOOD time to conduct the project to delete the zeros and move to FOREX. Since there is a shortage of dinar and dollars on the streets it would be advantageous to do so. My impression is that it could not be a more favorable time in the history of this RV saga...
1-26-2023 Intel Guru Bruce [via WiserNow] They're all set and ready to go. Their currency will actually be traded on Sunday. Their first business day is Sunday, this coming Sunday. Okay, so that's gonna take place for Iraq - good for us...We don't know when - I'm not going to predict the time... but I’m hoping to say most likely Thursday...Iraq is good to go and they have a rate that is commensurate or higher than what Dr. Shabibi predicted 10 years ago at the International Chamber of Commerce meeting in Washington DC...we are at or above that rate now...let's see what happens.
1-25-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-25-2023 Intel Guru MarkZ [via PDK] It’s a great time to be alive…very exciting...I am being told by the overwhelming majority of my sources are expecting the international rate for the dinar to be $ 3.22 right now. I have also heard from a couple of folks that it could come out around $1.46 and then float. I do not expect that. The overwhelming majority are looking for $3+...
1-25-2023 Newshound Guru Militia Man Why was the Central Bank governor dismissed? We could figure on it was probably corruption. He was talking to the Judiciary Committee and decide not to talk so ultimately that didn't look so good and he was deposed, resigned, fired if you will. Same went with the Iraqi Trade Bank because those two banks...had a job to do. They just didn't get the job done. At this stage of the game we believe that Alaq has come back into the stage totally qualified. He's been a central bank governor before and has the experience with the new electronic platforms.
1-25-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-25-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: They are determined to cut out smuggling of the dollar...my bank friend says once it's under control the process will go next step. The end goal is to get dinars to its official rate with stability and corruption free. FRANK: ...Your bank friend is 100% correct.
1-25-2023 Newshound Guru Clare Article: "An Iraqi delegation visits Washington to discuss the crisis of the rising dollar" Quote: "The Islamic Supreme Council, one of the forces of the coordination framework, revealed today, Wednesday, that an Iraqi delegation will soon visit the United States of America in order to discuss the high exchange rate of the dollar in Iraq."
1-25-2023 Intel Guru MarkZ [via PDK] I am hearing leaves being canceled and vacations being canceled from a couple of banking sources... Street level banks believe they will be busy with the new system starting Feb. 1st... Things are ratcheting up.
1-25-2023 Newshound/Intel Guru Walkingstick [via Frank26] Question: "What do you think of this guy [Alaq the new CBI governor]?" Whoever came into the CBI had to be on board with the monetary reform that Dr. Shabibi established...A governor of a central bank, they're not thinkers. They don't have to do anything. They just do what they're told and he [the now former CBI governor] wasn't moving fast enough...governor of a central bank is nothing more but a yes man to the prime minister...
1-25-2023 Intel Guru Frank26 3 things I'm looking for. The new small category notes, the new exchange rate and the 2023 budget. That's the trifecta...
1-25-2023 Newshound Guru Henig Article: "Economist: Appointing al-Alaq is a positive step to gain the confidence of the Federal Reserve Bank and the US Treasury"
1-25-2023 Newshound Guru Militia Man They replaced the Central Bank Governor Gheleb with Alaq who was the late central governor for many years. He went off to the AMF (Arab Monetary Fund) who owns the Buna platform. He's back for a period of time to be able to facilitate things.
1-25-2023 Intel Guru MarkZ [via PDK] ...we do not know what that rate is going to be. But the dinar will become far more valuable than the US dollar. Will it be 30% higher and float…or $1, or $1.66 or will go all at once with the gold treaty…? We don’t know yet. Now we have to wait and see what that value is going to be….and how quickly they move on it... I am still hearing from my banking contacts and they are absolutely expecting it to happen by Feb. 1st…which is a very short window right now. [post 2 of 2]
1-25-2023 Intel Guru MarkZ [via PDK] [(Guru) Nader...said the rate had been decided but he did not know what it was or when they were going to announce it] Nader was the first to break this news but, I am hearing the same from multiple sources…multiple confirmation about this news and none are associated with Nader. Some confirmations from people on the ground in Iraq…of late announcements from Iraq that the decision has been made to raise or increase the value of the dinar in comparison to the Us dollar. We don’t know what it is yet or when they are going to execute it. But, we know they have made the decision to pull the trigger. [post 1 of 2....stay tuned]
1-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is now talking and saying they have a new app the citizens can use to check daily the exchange rate. Isn't that funny...they want us to look at the exchange rate daily...when it floats that's when it's going to change, right FRANK: ...That's just one of the ways the CBI will be telling all of Iraqi citizens they have a new exchange rate.
1-25-2023 Guru Nader From The Mid East Today Sudani made the decision to change the Iraqi dinar against the dollar. How much? I don't know? When? This week or next week I don't know but he made a decision. The decision has been made. How much I don' know. I can be 1180. It can be 1160. Can be 1 to 1. I don't know.
1-25-2023 Newshound/Intel Guru Mnt Goat So was Alaq a good guy or bad guy? Ali Alaq was instrumental in getting the newer lower denominations printed...We read articles that these were, in fact, printed... Then...in mid-June 2020 they challenged Alaq’s proxy position... Alaq’s proxy position was of course a conflict of interest and objectionable to the ability of the CBI to stay independent of the GOI. He had to go mainly for this reason...Today we see a change in leadership back to Alaq. Wow! ...So Alaq is no longer a proxy. He is officially the governor now... I believe this is a good move and in the right direction. It will only help our situation now we know there is someone at the helm of the CBI once again who truly supports the completion of the currency reform project in Iraq.
1-25-2023 Intel Guru MarkZ [via PDK] It’s a great time to be alive…very exciting...I am being told by the overwhelming majority of my sources are expecting the international rate for the dinar to be $ 3.22 right now. I have also heard from a couple of folks that it could come out around $1.46 and then float. I do not expect that. The overwhelming majority are looking for $3+...
1-25-2023 Newshound Guru Militia Man Why was the Central Bank governor dismissed? We could figure on it was probably corruption. He was talking to the Judiciary Committee and decide not to talk so ultimately that didn't look so good and he was deposed, resigned, fired if you will. Same went with the Iraqi Trade Bank because those two banks...had a job to do. They just didn't get the job done. At this stage of the game we believe that Alaq has come back into the stage totally qualified. He's been a central bank governor before and has the experience with the new electronic platforms.
1-25-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-25-2023 Intel Guru Frank26 [ Iraq boots-on-the-ground report] FIREFLY: They are determined to cut out smuggling of the dollar...my bank friend says once it's under control the process will go next step. The end goal is to get dinars to its official rate with stability and corruption free. FRANK: ...Your bank friend is 100% correct.
1-25-2023 Newshound Guru Clare Article: "An Iraqi delegation visits Washington to discuss the crisis of the rising dollar" Quote: "The Islamic Supreme Council, one of the forces of the coordination framework, revealed today, Wednesday, that an Iraqi delegation will soon visit the United States of America in order to discuss the high exchange rate of the dollar in Iraq."
1-25-2023 Intel Guru MarkZ [via PDK] I am hearing leaves being canceled and vacations being canceled from a couple of banking sources... Street level banks believe they will be busy with the new system starting Feb. 1st... Things are ratcheting up.
1-25-2023 Newshound/Intel Guru Walkingstick [via Frank26] Question: "What do you think of this guy [Alaq the new CBI governor]?" Whoever came into the CBI had to be on board with the monetary reform that Dr. Shabibi established...A governor of a central bank, they're not thinkers. They don't have to do anything. They just do what they're told and he [the now former CBI governor] wasn't moving fast enough...governor of a central bank is nothing more but a yes man to the prime minister...
1-25-2023 Intel Guru Frank26 3 things I'm looking for. The new small category notes, the new exchange rate and the 2023 budget. That's the trifecta...
1-25-2023 Newshound Guru Henig Article: "Economist: Appointing al-Alaq is a positive step to gain the confidence of the Federal Reserve Bank and the US Treasury"
1-25-2023 Newshound Guru Militia Man They replaced the Central Bank Governor Gheleb with Alaq who was the late central governor for many years. He went off to the AMF (Arab Monetary Fund) who owns the Buna platform. He's back for a period of time to be able to facilitate things.
1-25-2023 Intel Guru MarkZ [via PDK] ...we do not know what that rate is going to be. But the dinar will become far more valuable than the US dollar. Will it be 30% higher and float…or $1, or $1.66 or will go all at once with the gold treaty…? We don’t know yet. Now we have to wait and see what that value is going to be….and how quickly they move on it... I am still hearing from my banking contacts and they are absolutely expecting it to happen by Feb. 1st…which is a very short window right now. [post 2 of 2]
1-25-2023 Intel Guru MarkZ [via PDK] [(Guru) Nader...said the rate had been decided but he did not know what it was or when they were going to announce it] Nader was the first to break this news but, I am hearing the same from multiple sources…multiple confirmation about this news and none are associated with Nader. Some confirmations from people on the ground in Iraq…of late announcements from Iraq that the decision has been made to raise or increase the value of the dinar in comparison to the Us dollar. We don’t know what it is yet or when they are going to execute it. But, we know they have made the decision to pull the trigger. [post 1 of 2....stay tuned]
1-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is now talking and saying they have a new app the citizens can use to check daily the exchange rate. Isn't that funny...they want us to look at the exchange rate daily...when it floats that's when it's going to change, right FRANK: ...That's just one of the ways the CBI will be telling all of Iraqi citizens they have a new exchange rate.
1-25-2023 Guru Nader From The Mid East Today Sudani made the decision to change the Iraqi dinar against the dollar. How much? I don't know? When? This week or next week I don't know but he made a decision. The decision has been made. How much I don' know. I can be 1180. It can be 1160. Can be 1 to 1. I don't know.
1-25-2023 Newshound/Intel Guru Mnt Goat So was Alaq a good guy or bad guy? Ali Alaq was instrumental in getting the newer lower denominations printed...We read articles that these were, in fact, printed... Then...in mid-June 2020 they challenged Alaq’s proxy position... Alaq’s proxy position was of course a conflict of interest and objectionable to the ability of the CBI to stay independent of the GOI. He had to go mainly for this reason...Today we see a change in leadership back to Alaq. Wow! ...So Alaq is no longer a proxy. He is officially the governor now... I believe this is a good move and in the right direction. It will only help our situation now we know there is someone at the helm of the CBI once again who truly supports the completion of the currency reform project in Iraq.
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1-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani brought back Alaq the former CBI Governor. He's back as proxy to run the CBI. He is saying within a short period he will return the exchange rates. My family want to know how did you know that? FRANK: ...We told you if Mustafa did not hurry up then he would just be fired. It's as simple as that...
1-24-2023 Intel Guru MarkZ [via PDK] My redemption Center folks while on a heightened level of alert do not have any news to share. They are just standing at the ready to go.
1-24-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-24-2023 Newshound/Intel Guru Mnt Goat Article: "DEPUTY: THE DISMISSAL OF THE CENTRAL GOVERNOR WILL REMOVE THE TENTACLES OF CORRUPTION CONTROLLING THE BANK" Quote: "The dismissal of the governor of the central bank will remove the tentacles of
corruption that dominate the central bank, and will contribute to reviving the Iraqi dinar a different version." WOW! This is amazing news. They are getting really serious now to revive the Iraqi dinar to times of the past.
1-24-2023 Newshound Guru Sandy Ingram Iraq's currency has been experiencing a two-month roller coaster ride after a tightening of procedures for international transfers. Some people are blaming Washington for the dinars problems, however the U.S. has been complaining that the dollar is being funneled to Iraq, Syria and Lebanon through the foreign currency auction ran by the Central Bank of Iraq. Iran and Syria are under U.S. sanctions.
1-24-2023 Intel Guru MarkZ [via PDK] ...They have to raise the value before they can be Basel 4 . They cannot be basel 4 first and then raise the value for a couple of reasons. 1. It’s not tied to an asset until they raise the value…but more importantly …If they were to go Basel 4 first… everybody around the world would know it is time to buy IQD in a massive way. It would create such a security headache and pain in the butt for this and really toss the value up in the air. They need to revalue first and then go Basel 4. I hear this will all happen within minutes.
1-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There's going to be a national day of protest Wednesday at the CBI...We people are mad at the CBI because they're not doing anything... thousands are going to show up. FRANK: ...Your voice must be heard by the CBI that you need this new exchange rate now, not tomorrow ...your new governor of the Central Bank Alaq knows exactly what the monetary reform plan was and he knows exactly what Sudani wants...Let Wednesday be a form of communication...
1-24-2023 Newshound Guru Clare Article: "Iraqi delegation to discuss dinar-dollar exchange rate with Washington" Quote: “Prime Minister Mohammed Shia’ al-Sudani is in talks with the US to increase the value of the Iraqi dinar in comparison to the dollar, and we will visit Washington soon, he added."
1-24-2023 Newshound/Intel Guru Walkingstick [via Frank26] It is not a shock. It is not a setback. This process that Sudani did with the CBI is because the governor of the CBI was not being transparent enough. And the education to the Iraqi citizens of the monetary reform was not fast enough. The new governor Alaq he was the student of Dr. Shabibi, the author of the monetary reform of Iraq's currency. IMO Alaq is a lot better to take the monetary reform to its promised land of an international float. Under his tutelage was when they printed the new small category notes.
1-24-2023 Intel Guru MarkZ [via PDK] ...there is no negative news today … we are still getting positive stuff. [Mark, What does you gut feel for the timing of this to go?] I get in trouble everytime I say this…but my guy feels it could go anytime in the next 2 weeks…with an emphasis on the next 2 days. I hope my gut is accurate...lol.
1-24-2023 Newshound Guru Kaperoni And recent months the US Treasury has been working with the CBI and current [former?] governor to shut down the smuggling of currency to Iran. And we see Al Maliki influence to get rid of Mustafa and replace him with his appointed CBI Governor from a few years back Ali al-Alaq. A pretty obvious pattern is being repeated here... Maliki is controlling the Central Bank of Iraq or at least influencing currency sales to help Iran. [Post 2 of 2]
1-24-2023 Newshound Guru Kaperoni ...Iraq's prime minister dismissed the current central bank governor Mustafa Ghaleb for his inability to control the exchange rate and reassigned former Al Maliki central bank governor Ali Al-Alaq to run the bank...Back in 2012 the CBI Governor Shabibi was run out of town when he tried to shut down Maliki employees within the CBI who were contributing to smuggling money to Iran. [Post 1 of 2....stay tuned]
1-24-2023 Intel Guru Frank26 What did we tell you 3 weeks ago? 'It is possible the governor of the Central Bank of Iraq may be fired because he's just not moving fast enough for Sudani, the monetary reform, for all of those that are involved in the monetary reform.' Bravo! That made us look good but we're not here to try to look good. We're here to try to help you understand what's going on. The only reason we knew that is because we knew the scuttlebutt that was going on INSIDE of the CBI...We told you 3 weeks ago this was going to happen...boom it happened!
1-24-2023 Intel Guru MarkZ [via PDK] Here is a humdinger: “Sudani: We are supervising the completion of a “different” budget and continue our support for the restoration of our exchange rate” This headline should tell us all what we need to know. Sudani has been very clear they want a “Restoration to their previous glory” exchange rate. To a pre-Kuwaiti war rate. …Pre Gulf War rate.
1-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani brought back Alaq the former CBI Governor. He's back as proxy to run the CBI. He is saying within a short period he will return the exchange rates. My family want to know how did you know that? FRANK: ...We told you if Mustafa did not hurry up then he would just be fired. It's as simple as that...
1-24-2023 Intel Guru MarkZ [via PDK] My redemption Center folks while on a heightened level of alert do not have any news to share. They are just standing at the ready to go.
1-24-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-24-2023 Newshound/Intel Guru Mnt Goat Article: "DEPUTY: THE DISMISSAL OF THE CENTRAL GOVERNOR WILL REMOVE THE TENTACLES OF CORRUPTION CONTROLLING THE BANK" Quote: "The dismissal of the governor of the central bank will remove the tentacles of
corruption that dominate the central bank, and will contribute to reviving the Iraqi dinar a different version." WOW! This is amazing news. They are getting really serious now to revive the Iraqi dinar to times of the past.
1-24-2023 Newshound Guru Sandy Ingram Iraq's currency has been experiencing a two-month roller coaster ride after a tightening of procedures for international transfers. Some people are blaming Washington for the dinars problems, however the U.S. has been complaining that the dollar is being funneled to Iraq, Syria and Lebanon through the foreign currency auction ran by the Central Bank of Iraq. Iran and Syria are under U.S. sanctions.
1-24-2023 Intel Guru MarkZ [via PDK] ...They have to raise the value before they can be Basel 4 . They cannot be basel 4 first and then raise the value for a couple of reasons. 1. It’s not tied to an asset until they raise the value…but more importantly …If they were to go Basel 4 first… everybody around the world would know it is time to buy IQD in a massive way. It would create such a security headache and pain in the butt for this and really toss the value up in the air. They need to revalue first and then go Basel 4. I hear this will all happen within minutes.
1-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: There's going to be a national day of protest Wednesday at the CBI...We people are mad at the CBI because they're not doing anything... thousands are going to show up. FRANK: ...Your voice must be heard by the CBI that you need this new exchange rate now, not tomorrow ...your new governor of the Central Bank Alaq knows exactly what the monetary reform plan was and he knows exactly what Sudani wants...Let Wednesday be a form of communication...
1-24-2023 Newshound Guru Clare Article: "Iraqi delegation to discuss dinar-dollar exchange rate with Washington" Quote: “Prime Minister Mohammed Shia’ al-Sudani is in talks with the US to increase the value of the Iraqi dinar in comparison to the dollar, and we will visit Washington soon, he added."
1-24-2023 Newshound/Intel Guru Walkingstick [via Frank26] It is not a shock. It is not a setback. This process that Sudani did with the CBI is because the governor of the CBI was not being transparent enough. And the education to the Iraqi citizens of the monetary reform was not fast enough. The new governor Alaq he was the student of Dr. Shabibi, the author of the monetary reform of Iraq's currency. IMO Alaq is a lot better to take the monetary reform to its promised land of an international float. Under his tutelage was when they printed the new small category notes.
1-24-2023 Intel Guru MarkZ [via PDK] ...there is no negative news today … we are still getting positive stuff. [Mark, What does you gut feel for the timing of this to go?] I get in trouble everytime I say this…but my guy feels it could go anytime in the next 2 weeks…with an emphasis on the next 2 days. I hope my gut is accurate...lol.
1-24-2023 Newshound Guru Kaperoni And recent months the US Treasury has been working with the CBI and current [former?] governor to shut down the smuggling of currency to Iran. And we see Al Maliki influence to get rid of Mustafa and replace him with his appointed CBI Governor from a few years back Ali al-Alaq. A pretty obvious pattern is being repeated here... Maliki is controlling the Central Bank of Iraq or at least influencing currency sales to help Iran. [Post 2 of 2]
1-24-2023 Newshound Guru Kaperoni ...Iraq's prime minister dismissed the current central bank governor Mustafa Ghaleb for his inability to control the exchange rate and reassigned former Al Maliki central bank governor Ali Al-Alaq to run the bank...Back in 2012 the CBI Governor Shabibi was run out of town when he tried to shut down Maliki employees within the CBI who were contributing to smuggling money to Iran. [Post 1 of 2....stay tuned]
1-24-2023 Intel Guru Frank26 What did we tell you 3 weeks ago? 'It is possible the governor of the Central Bank of Iraq may be fired because he's just not moving fast enough for Sudani, the monetary reform, for all of those that are involved in the monetary reform.' Bravo! That made us look good but we're not here to try to look good. We're here to try to help you understand what's going on. The only reason we knew that is because we knew the scuttlebutt that was going on INSIDE of the CBI...We told you 3 weeks ago this was going to happen...boom it happened!
1-24-2023 Intel Guru MarkZ [via PDK] Here is a humdinger: “Sudani: We are supervising the completion of a “different” budget and continue our support for the restoration of our exchange rate” This headline should tell us all what we need to know. Sudani has been very clear they want a “Restoration to their previous glory” exchange rate. To a pre-Kuwaiti war rate. …Pre Gulf War rate.
1-23-2023 Salesperson-Superstar Wanted Extremely lucrative, fun & professionally rewarding for the right person. Straight commission ($75,000 to $500,000 +), earn as much as you like, no caps. Flexible hours. Existing relationships with small businesses a plus…passion and great attitude a must. Apply here >>
1-23-2023 Newshound Guru Clare Article: "Al-Shammari: The government's decision towards the dollar is bold... and reveals a commitment to the new central bank governor" Quote: "The new governor's pledge is to restore the exchange rate within a short period, and I estimate that it will only take weeks."
1-23-2023 Intel Guru Frank26 If you have a small amount of dinars, exchange. Especially if they come out at 1 to 1. If you have a lot of dinars, exchange some to cover your bills or whatever you want to for a year and then leave the rest in limbo and watch the float... [NOTE: Always speak with your financial advisors at the appropriate time to build an exchange plan that best fits your unique circumstances.]
1-23-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-23-2023 Intel Guru MarkZ [via PDK] We have the end in sight-according to the news coming out of Iraq. [Iraq is supposed to get listed on the stock exchange on the 29th...] Yes…we expect they need the new rate to go onto the ISX. [What is the ISX?] That is the Iraqi stock exchange which is supposed to be listed on our own NASDAQ and traded there as well. For them to be traded on that internationally they are going to need an internationally recognized currency. This is the overwhelming consensus from experts all across the globe. [Do you believe it will happen on the 29th?] Based on the news from the ISX and Iraq’s ascension to the World Trade Organization (WTO) sometime this week…it’s sure possible. ...my contacts are convinced tomorrow may be magical.
1-23-2023 Guru Nader From The Mid East I just bought a ticket from Baghdad to London and they refuse the payment in dollars. They want me to pay them in dinar. So my sister paid in dinar to go to London. That's great! I love the idea. I read...the parliament decide if you buy a ticket to fly anywhere you cannot buy it in dollar anymore. You have to pay in dinar...It's great news. It's a great start.
1-23-2023 Newshound Guru Militia Man What they're really trying to do is get it to that stage where the World Trade Organization is allowed to come in. It might be two days. It might be 30 days but the point is that they'll need an exchange rate change for them to do that.
1-23-2023 Intel Guru MarkZ [via PDK] if Iraq is going to have a working international ISX on the 29th…this is in 6 days…this means the new rate needs to go before then…I would think…that is what logic dictates....Will the RV go live this week? I don’t know but, there is a tremendous amount of chatter and expectations for the next 2 days…Let’s hope they are right.
1-23-2023 Newshound Guru Henig Article: "A foreign newspaper: The Americans contacted the Sudanese more than (ten) times about the exchange rate and the smuggling of dollars" Quote: "The newspaper said that US officials raised this issue several times with the Sudanese Prime Minister, the latest of which was by the White House Coordinator for the Middle East and North Africa, Brett McGurk, last Monday, and US Ambassador Alina Romanovsky was in close contact with the Prime Minister and held more than ten meetings. The exchange rate was always at the top of her list."
1-23-2023 Intel Guru Frank26 Article: "Al-Sudani: We are supervising the completion of a “different” budget, and we continue to support the restoration of the exchange rate". SUDANI AND GHALEB WORK TOGETHER FOR THE 2023 BUDGET & NEW EXCHANGE RATE
1-23-2023 Newshound Guru Sandy Ingram Iraq's prime minister has dismissed the governor of the country's Central Bank of Iraq and assigned its former chief of the CBI. The Iraqi prime minister said he dismissed the head of the CBI in an attempt to assure public anger over a currency crisis that has let to an increase in the prices of goods.
1-23-2023 Intel Guru MarkZ [via PDK] There are rumors that the director of the CBI has stepped down. Why is this important? Sudani said early in this process that if the CBI was hesitant to release it…they would replace the director of the CBI. Everything is ready…they have done everything they need to do for a revaluation…I am assuming…based on evidence I can see…is Sudani has made the decision to force the issue on a change in value…personally I am excited.
1-23-2023 Intel Guru Frank26 The American dollar is bouncing all over. The Iraqi dinar is going through a float internally. It's removing its 3 zeros so it can be at least 1 to 1 when they leave the border to float.
1-23-2023 Newshound Guru Clare Article: "After dismissing him, the governor of the Central Bank, the Sudanese hints at a decrease in the exchange rate of the dollar" Quote: "The Prime Minister, Muhammad Shia Al-Sudani, relieved the Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, from his post, due to the continued rise in the exchange rate of the dollar and the bank’s inability to curb it. Al-Sudani assigned former bank governor Ali Mohsen Al-Alaq to manage the central bank by proxy. The Prime Minister also referred the Director of the Trade Bank of Iraq to retirement and assigned Rabal al-Hamdani...Al-Sudani commented on the changes by saying: "The departments that have been assigned to the Central Bank and the Trade Bank of Iraq possess skills and will work to reduce the rise in exchange rates."
1-23-2023 Newshound/Intel Guru RVAlready Article: "Prime Minister Mohamed Shia al-Sudani decided on Monday to relieve Central Bank Governor Mustafa Ghaleb Makhif from his post" Article Quote: "In a measure aimed at rehabilitating the Iraqi dinar and restoring its position in the local market, Prime Minister Mohammed Shia al-Sudani took a courageous and correct decision to reinstate former Central Bank of Iraq Governor Ali Mohsen Al-Alaq and dismiss Mustafa Ghaleb Makhif, who held a legal position in the bank...Observers are encouraged by this measure, which could put things back on track." Hopefully, this guy will straighten the CBI out. RV comin down the track.
1-23-2023 Intel Guru MarkZ [via PDK] “The Framework assigns the Sudanese a suicidal mission in Washington...A financial truce to secure employees salaries?” What they are facing is a shortage of dinar in the local market that is causing a liquidity problem in iraq…. They have plenty of US dollars…but dinar is scar
1-23-2023 Newshound Guru Clare Article: "Al-Shammari: The government's decision towards the dollar is bold... and reveals a commitment to the new central bank governor" Quote: "The new governor's pledge is to restore the exchange rate within a short period, and I estimate that it will only take weeks."
1-23-2023 Intel Guru Frank26 If you have a small amount of dinars, exchange. Especially if they come out at 1 to 1. If you have a lot of dinars, exchange some to cover your bills or whatever you want to for a year and then leave the rest in limbo and watch the float... [NOTE: Always speak with your financial advisors at the appropriate time to build an exchange plan that best fits your unique circumstances.]
1-23-2023 Did you get your ERC grant money yet? The average grant is $110,000 to $270,000. No strings attached free money. This is for covid disruptions. 80% of small businesses with 2 to 500+ employees qualify - even if they’ve taken money in the past & their CPA said they didn't qualify! Time is of the essence. Click here to learn more >>
1-23-2023 Intel Guru MarkZ [via PDK] We have the end in sight-according to the news coming out of Iraq. [Iraq is supposed to get listed on the stock exchange on the 29th...] Yes…we expect they need the new rate to go onto the ISX. [What is the ISX?] That is the Iraqi stock exchange which is supposed to be listed on our own NASDAQ and traded there as well. For them to be traded on that internationally they are going to need an internationally recognized currency. This is the overwhelming consensus from experts all across the globe. [Do you believe it will happen on the 29th?] Based on the news from the ISX and Iraq’s ascension to the World Trade Organization (WTO) sometime this week…it’s sure possible. ...my contacts are convinced tomorrow may be magical.
1-23-2023 Guru Nader From The Mid East I just bought a ticket from Baghdad to London and they refuse the payment in dollars. They want me to pay them in dinar. So my sister paid in dinar to go to London. That's great! I love the idea. I read...the parliament decide if you buy a ticket to fly anywhere you cannot buy it in dollar anymore. You have to pay in dinar...It's great news. It's a great start.
1-23-2023 Newshound Guru Militia Man What they're really trying to do is get it to that stage where the World Trade Organization is allowed to come in. It might be two days. It might be 30 days but the point is that they'll need an exchange rate change for them to do that.
1-23-2023 Intel Guru MarkZ [via PDK] if Iraq is going to have a working international ISX on the 29th…this is in 6 days…this means the new rate needs to go before then…I would think…that is what logic dictates....Will the RV go live this week? I don’t know but, there is a tremendous amount of chatter and expectations for the next 2 days…Let’s hope they are right.
1-23-2023 Newshound Guru Henig Article: "A foreign newspaper: The Americans contacted the Sudanese more than (ten) times about the exchange rate and the smuggling of dollars" Quote: "The newspaper said that US officials raised this issue several times with the Sudanese Prime Minister, the latest of which was by the White House Coordinator for the Middle East and North Africa, Brett McGurk, last Monday, and US Ambassador Alina Romanovsky was in close contact with the Prime Minister and held more than ten meetings. The exchange rate was always at the top of her list."
1-23-2023 Intel Guru Frank26 Article: "Al-Sudani: We are supervising the completion of a “different” budget, and we continue to support the restoration of the exchange rate". SUDANI AND GHALEB WORK TOGETHER FOR THE 2023 BUDGET & NEW EXCHANGE RATE
1-23-2023 Newshound Guru Sandy Ingram Iraq's prime minister has dismissed the governor of the country's Central Bank of Iraq and assigned its former chief of the CBI. The Iraqi prime minister said he dismissed the head of the CBI in an attempt to assure public anger over a currency crisis that has let to an increase in the prices of goods.
1-23-2023 Intel Guru MarkZ [via PDK] There are rumors that the director of the CBI has stepped down. Why is this important? Sudani said early in this process that if the CBI was hesitant to release it…they would replace the director of the CBI. Everything is ready…they have done everything they need to do for a revaluation…I am assuming…based on evidence I can see…is Sudani has made the decision to force the issue on a change in value…personally I am excited.
1-23-2023 Intel Guru Frank26 The American dollar is bouncing all over. The Iraqi dinar is going through a float internally. It's removing its 3 zeros so it can be at least 1 to 1 when they leave the border to float.
1-23-2023 Newshound Guru Clare Article: "After dismissing him, the governor of the Central Bank, the Sudanese hints at a decrease in the exchange rate of the dollar" Quote: "The Prime Minister, Muhammad Shia Al-Sudani, relieved the Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, from his post, due to the continued rise in the exchange rate of the dollar and the bank’s inability to curb it. Al-Sudani assigned former bank governor Ali Mohsen Al-Alaq to manage the central bank by proxy. The Prime Minister also referred the Director of the Trade Bank of Iraq to retirement and assigned Rabal al-Hamdani...Al-Sudani commented on the changes by saying: "The departments that have been assigned to the Central Bank and the Trade Bank of Iraq possess skills and will work to reduce the rise in exchange rates."
1-23-2023 Newshound/Intel Guru RVAlready Article: "Prime Minister Mohamed Shia al-Sudani decided on Monday to relieve Central Bank Governor Mustafa Ghaleb Makhif from his post" Article Quote: "In a measure aimed at rehabilitating the Iraqi dinar and restoring its position in the local market, Prime Minister Mohammed Shia al-Sudani took a courageous and correct decision to reinstate former Central Bank of Iraq Governor Ali Mohsen Al-Alaq and dismiss Mustafa Ghaleb Makhif, who held a legal position in the bank...Observers are encouraged by this measure, which could put things back on track." Hopefully, this guy will straighten the CBI out. RV comin down the track.
1-23-2023 Intel Guru MarkZ [via PDK] “The Framework assigns the Sudanese a suicidal mission in Washington...A financial truce to secure employees salaries?” What they are facing is a shortage of dinar in the local market that is causing a liquidity problem in iraq…. They have plenty of US dollars…but dinar is scar